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Delek US Holdings to Host Fourth Quarter 2025 Conference Call on February 27th
Businesswire· 2026-01-30 21:30
Delek US Holdings to Host Fourth Quarter 2025 Conference Call on February 27thJan 30, 2026 4:30 PM Eastern Standard Time# Delek US Holdings to Host Fourth Quarter 2025 Conference Call on February 27thShare---BRENTWOOD, Tenn.--([BUSINESS WIRE])--Delek US Holdings, Inc. (NYSE: DK) ("Delek US†) today announced that the Company intends to issue a press release summarizing fourth quarter 2025 results before the U.S. stock market opens on Friday, February 27, 2026. A conference call to discuss these results is ...
Murphy Oil Corporation Announces Fourth Quarter and Full Year 2025 Results, Preliminary Year-End 2025 Reserves, 2026 Capital Expenditure and Production Guidance
Businesswire· 2026-01-28 21:41
Report on Form 10-Q or Current Report on Form 8-K that we file, available from the SEC's website and from Murphy Oil Corporation's website at [http://ir.murphyoilcorp.com]. Investors and others should note that we may announce material information using SEC filings, press releases, public conference calls, webcasts and the investors page of our website. We may use these channels to distribute material information about the Company; therefore, we encourage investors, the media, business partners and others i ...
Snowflake Launches Energy Solutions for the AI Data Cloud to Accelerate Shift to a Lower-Carbon Future
Businesswire· 2026-01-27 14:01
Core Insights - Snowflake has launched new Energy Solutions aimed at unifying IT, OT, and business data to support predictive maintenance, grid optimization, and emissions reduction in the energy sector [1][2] - The solutions are designed to help power, utilities, and oil and gas companies modernize their operations and improve efficiency while moving towards a lower-carbon future [1][2] - Industry leaders such as ExxonMobil, Siemens, and PG&E are already utilizing Snowflake's platform to enhance operational resilience and navigate market volatility [1][2] Company Developments - Snowflake's Energy Solutions integrate governance capabilities, partner-developed solutions, and critical datasets into a single offering tailored for the energy sector [1] - The company has introduced over 30 new partner-built solutions that run natively on the AI Data Cloud, enhancing capabilities in areas like geospatial analysis and grid planning [1][2] - Snowflake's partnership with SAP allows energy companies to combine finance and supply chain data with operational data, improving insights for grid operations and asset planning [1] Industry Impact - The new solutions support critical energy use cases such as grid planning, asset health, and operational forecasting, indicating strong momentum in the energy sector [1][2] - Snowflake's platform enables energy companies to unify data and apply AI across various operations, leading to faster decision-making and improved sustainability outcomes [1][2] - The integration of advanced analytics and AI capabilities is seen as essential for energy companies to manage decentralized assets and optimize energy production [2]
New Fortress Energy Receives Approval for Milestone Agreement for Long-Term Gas Supply with Puerto Rican Government
Businesswire· 2025-12-04 21:30
Core Insights - New Fortress Energy Inc. has received final approval for a 7-year Gas Supply Agreement with the Puerto Rican government, securing the delivery of approximately 75 TBtu of natural gas to support energy transformation initiatives on the island [1][2][10] Group 1: Agreement Details - The Gas Supply Agreement aims to provide reliable, lower-emission natural gas to enhance grid stability and support cleaner power generation across Puerto Rico's energy system [2][10] - This long-term partnership reflects a commitment to improving energy resilience in the region, building on New Fortress Energy's established presence in Puerto Rico [2][3] Group 2: Company Overview - New Fortress Energy Inc. is a global energy infrastructure company focused on addressing energy poverty and accelerating the transition to reliable, affordable, and clean energy [3] - The company owns and operates natural gas and liquefied natural gas (LNG) infrastructure, along with an integrated fleet of ships and logistics assets to deliver energy solutions to global markets [3]
Black Stone Minerals and Caturus Energy Announce New Development Agreement in the Shelby Trough
Businesswire· 2025-12-03 00:04
Core Viewpoint - Black Stone Minerals, L.P. has entered into a significant development agreement with Caturus Energy, covering 220,000 gross acres in the Shelby Trough and Haynesville Expansion, aimed at enhancing natural gas production in the Gulf Coast region [1][2]. Development Agreement Details - The agreement allows Caturus to escalate its drilling program over the next six years, starting with approximately two gross (0.2 net) wells in 2026 and ramping up to about 12 gross (0.8 net) wells annually by the end of the six years [2]. - BSM currently manages around 40,000 undeveloped net acres within this contract area, with potential for further acquisitions to increase its net interest [3]. Management Insights - Thomas L. Carter, Jr., CEO of Black Stone Minerals, expressed optimism about the partnership with Caturus, highlighting the importance of their mineral ownership and control over hydrocarbon resources for a long-term gas development program [4]. - BSM has been building a substantial mineral position in East Texas for over a century, allowing significant control over development timing and collaboration with capital providers and operators [5]. Operational Capacity - The partnership has resulted in over 200,000 net acres covered by development agreements in the area, representing an estimated 20 years of drilling inventory in the Haynesville and Bossier regions, from which BSM expects to receive royalties [6]. - Caturus, controlled by Kimmeridge, brings operational and technical expertise to expedite the extraction of BSM's reserves [6]. Strategic Vision - David Lawler, CEO of Caturus, stated that this transaction is a milestone in their strategy to build a leading integrated natural gas platform, enhancing their upstream position in South Texas and supporting a liquefaction terminal project in Louisiana [7][9].
SLB Announces Dates for Fourth-Quarter and Full-Year 2025 Results Conference Call
Businesswire· 2025-12-02 18:00
Core Viewpoint - SLB is set to hold a conference call on January 23, 2026, to discuss its fourth-quarter and full-year results for 2025, with a press release scheduled for earlier that day [1][2]. Company Overview - SLB (NYSE: SLB) is a global technology company focused on energy innovation, operating in over 100 countries and employing a diverse workforce [3][5]. - The company reported revenues of $36.29 billion and a net income of $4.46 billion for the year 2024 [5][10]. Conference Call Details - The conference call will begin at 9:30 am US Eastern time, with listeners needing to dial in approximately 10 minutes prior to the start [1][2]. - A webcast will also be available for listeners, who are encouraged to log in 15 minutes early to ensure connectivity [2]. Recent Developments - SLB has launched Tela™, an agentic AI technology aimed at transforming the upstream energy sector by automating processes and enhancing workflows [6]. - The company secured two significant engineering, procurement, and construction (EPC) contracts from PTT Exploration and Production Public Company Limited (PTTEP) for deepwater projects offshore Malaysia [7]. - SLB has partnered with Ormat Technologies to accelerate the development of integrated geothermal assets, including enhanced geothermal systems [8].
TotalEnergies, TES, Osaka Gas, Toho Gas and ITOCHU Partner Up to Develop the Live Oak Project for e-NG Production in Nebraska
Businesswire· 2025-12-02 09:50
Core Insights - TotalEnergies, TES, Osaka Gas, Toho Gas, and ITOCHU have formed a partnership to develop the Live Oak project for electric natural gas (e-NG) production in Nebraska, with Japanese companies holding a combined 33.3% stake in the project [1][14] - The project aims for a capacity of approximately 250 MW of electrolysis and 75 ktpa of methanation, with commercial operations expected to start by 2030 [2][3] Company Summaries - **TotalEnergies**: A global integrated energy company focused on producing and marketing various energy sources, including oil, natural gas, and renewables, with a commitment to sustainability [5][13] - **TES**: A green energy company developing large-scale projects to accelerate the energy transition, with ongoing e-NG projects in the US, Canada, and Europe [6] - **Osaka Gas**: Part of the Daigas Group, dedicated to achieving a carbon-neutral future by integrating e-methane into its gas grid by 2030 [7][8] - **Toho Gas**: Aims for a carbon-neutral supply chain by 2050, focusing on low-carbon energy sources like e-methane and biogas [9] - **ITOCHU**: Engaged in trading and investment, promoting e-NG as part of its commitment to sustainable development goals [10] Project Details - The Live Oak project will utilize Nebraska's biogenic CO2 resources and the increasing renewable power generation capacity in the US [3] - The project is aligned with Japan's goal of injecting 1% carbon-neutral gas into the gas grid by 2030, with Osaka Gas and Toho Gas as primary offtakers [2][4]
Gold Reserve Provides Update in CITGO Sale Process: Multiple Parties Appeal Final Sale Order
Businesswire· 2025-12-02 01:15
Core Viewpoint - Gold Reserve Ltd. has filed an appeal against the final sale order by the U.S. District Court for the District of Delaware, which authorized the sale of PDVH Shares to Elliott/Amber Energy despite Gold Reserve's higher bid of $2 billion [1][12]. Group 1: Appeal Process - The appeal was filed with the U.S. Court of Appeals for the Third Circuit, contesting the final sale order from November 29, 2025 [1]. - The Venezuela Parties, including the Bolivarian Republic of Venezuela and CITGO Petroleum Corporation, have also filed notices of appeal and a motion to stay the final sale order pending the outcome of their appeals [2]. Group 2: Sale Order Details - The Delaware court's final order allows the sale of PDVH Shares to Elliott/Amber Energy, which submitted a bid of $5.9 billion, despite Gold Reserve's bid of $7.9 billion being fully financed [12]. - The court has stayed the closing of the sale until at least seven days after the Special Master files necessary documents [11]. Group 3: Background Information - A complete description of the Delaware sale proceedings can be accessed through the Public Access to Court Electronic Records system, specifically in the case of Crystallex International Corporation v. Bolivarian Republic of Venezuela [3].
Valvoline Inc. Announces Closing of Acquisition of Breeze Autocare
Businesswire· 2025-12-01 21:30
Core Viewpoint - Valvoline Inc. has successfully completed the acquisition of Breeze Autocare, which is expected to enhance its growth by expanding its store network and customer reach in the preventive automotive maintenance sector [1][2]. Company Overview - Valvoline Inc. operates over 2,300 service centers across the U.S. and Canada, providing more than 30 million services annually, including quick oil changes and various maintenance services [3]. - The company employs approximately 13,000 team members focused on driving business potential and sustainable growth [3]. Acquisition Details - The acquisition of Breeze Autocare was finalized under a purchase agreement dated February 17, 2025, and is seen as a strategic move to reinforce Valvoline's position in the market [1][2]. - Breeze Autocare's integration is anticipated to enhance service quality and expand Valvoline's offerings across the U.S. and Canada [2].
Kodiak Gas Services Announces Pricing of Offering of Common Stock by Selling Stockholder
Businesswire· 2025-12-01 14:20
Core Viewpoint - Kodiak Gas Services, Inc. has announced the pricing of an underwritten offering of 9,762,573 shares of its common stock at a price of $34.60 per share, with no proceeds going to the company itself [1][7]. Offering Details - The offering is being conducted by Frontier TopCo Partnership, L.P., an affiliate of EQT Infrastructure III and EQT Infrastructure IV [1][7]. - Goldman Sachs & Co. LLC is acting as the sole underwriter for the offering [2]. - The offering is expected to close on December 2, 2025, subject to customary closing conditions [1]. Company Overview - Kodiak is a leading provider of contract compression services in the United States, playing a crucial role in the infrastructure for the production and transportation of natural gas and oil [4]. - The company is headquartered in The Woodlands, Texas, and serves oil and gas producers as well as midstream customers [4].