Monthly Archives January 2026

USD Partners to Liquidate Dec 31, 2025 4:17 PM Eastern Standard Time HOUSTON–(BUSINESS WIRE)–As previously announced, USD Partners LP (OTC: USDP) (the “Partnership”) sold its last remaining operating asset, ceased operations and announced its intention to cancel the equity of the Partnership following termination of its credit facility. The Partnership has taken affirmative steps to […]

Amplify Energy Announces Closing of Amended Revolving Credit Facility: HOUSTON, Dec. 31, 2025 (GLOBE NEWSWIRE) — Amplify Energy Corp. (NYSE: AMPY) (“Amplify,” the “Company,” “us,” or “our”) announced today that it closed the previously announced amended revolving credit facility. The amended senior secured reserve-based revolving credit facility, with Citizens Bank, N.A. as the administrative agent, […]

Baker Hughes, Cactus Announce Closing of Surface Pressure Control Joint Venture: Transaction strengthens balance sheet and liquidity with $344.5 million of cash proceeds before customary closing adjustments HOUSTON and LONDON, Jan. 02, 2026 (GLOBE NEWSWIRE) — Baker Hughes (NASDAQ: BKR, “the Company”), an energy technology company, announced Friday the final closing of its previously announced joint […]

Occidental Completes Sale of OxyChem: HOUSTON, Jan. 02, 2026 (GLOBE NEWSWIRE) — Occidental (NYSE: OXY) announced today it has completed the sale of its chemical business, OxyChem, to Berkshire Hathaway (NYSE: BRK.A, BRK.B) for $9.7 billion in cash, subject to customary purchase price adjustments. “This transaction accelerates our strategy to strengthen Occidental’s balance sheet and […]

Octopus Energy Group to spin out Kraken at valuation of $8.65bn$1bn Kraken investment round brings world-class investors, led by D1 Capital Partners, and joined by other notable investors such as Ontario Teachers’ Pension Plan, Fidelity International, and Durable Capital Partners Move paves way for Kraken’s formal independence and demerger from Octopus London – 29th December […]