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Ring Energy Announces Sonu Johl Named New Chief Financial Officer

Ring Energy Announces Sonu Johl Named New Chief Financial Officer February 03, 2026 16:45 ET | Source: Ring Energy, Inc. THE WOODLANDS, Texas, Feb. 03, 2026 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced that Mr. Sundip (“Sonu”) Singh Johl will be joining the Company as its Executive Vice President, Chief Financial Officer and Treasurer effective February 27, 2026. Mr. Johl brings more than 20 years of experience across upstream oil and gas investment banking, corporate finance, and strategic advisory roles, with deep expertise in mergers and acquisitions, capital markets, valuation, and financial strategy. From 2020 through January 2026, Mr. Johl was Managing Director, Co-Head of Energy Investment Banking at Raymond James & Associates, Inc., where he advised public and private E&P companies doing business in the Permian Basin as well as other major U.S. onshore basins. From 2018 to 2020, Mr. Johl was Managing Director, Co-...
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Voltus and Octopus Energy US Launch Partnership to Scale Demand Flexibility

Voltus and Octopus Energy US Launch Partnership to Scale Demand Flexibility Published Feb 3, 2026 Voltus and Octopus Energy partner to deliver flexible capacity for fast-growing U.S. data centre demand Voltus and Octopus Energy partner to deliver flexible capacity for fast-growing U.S. data centre demand. The partnership delivers Flexibility-as-a-Service and Bring Your Own Capacity solutions to help data centres, utilities, and grid operators manage accelerating AI-driven load growth. SAN FRANCISCO and LONDON, Feb. 03, 2026 (GLOBE NEWSWIRE) -- Voltus, Inc. (“Voltus”), the leading virtual power plant (VPP) operator and distributed energy resource (DER) platform, and Octopus Energy, a global energy technology company, today announced a partnership to scale load flexibility across the United States. The partnership will leverage Voltus’s load flexibility platform and customer base and Octopus Energy’s consumer engagement and optimization technology to build portfolios of flexible capacity...
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Siemens Energy is investing $1 billion and creating highly skilled jobs in the United States

Siemens Energy is investing $1 billion and creating highly skilled jobs in the United States February 3, 2026 New York Siemens Energy is scaling up its U.S. production for grid and gas turbine equipment to support strong growth in the U.S. market The investments announced total $1 billion; Siemens Energy will create more than 1,500 highly skilled jobs in the U.S. As part of the workforce increase, Siemens Energy will also expand its apprenticeship program and promote training throughout the energy Industry Expansions are planned across North Carolina, Alabama, New York, Texas and Florida; in addition, a new switchgear plant will be built in Mississippi Siemens Energy’s targeted site expansions and one greenfield project are the most efficient use of manufacturing capacity to meet market demand Siemens Energy has finalized the investment plans presented at its Capital Market Day in Charlotte (North Carolina) last November: The company is investing $1 billion to ramp-up manufacturing in ...
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Xcel Energy and GE Vernova Announce Strategic Alliance Agreement to Advance the Future of Energy

Xcel Energy and GE Vernova Announce Strategic Alliance Agreement to Advance the Future of Energy Reservation Agreement for five, GE Vernova F-class gas turbines Capacity Reservation Agreement to utilize multiple gigawatts of GE Vernova wind turbines in future projects Additionally, the companies are collaborating on several grid equipment opportunities that build on a critical order for grid systems, including synchronous condenser technology, in 2025. MINNEAPOLIS (Feb. 3, 2026) — Xcel Energy (NASDAQ: XEL) and GE Vernova, (NYSE: GEV) today announced the signing of a landmark Strategic Alliance Agreement (SAA) aimed at strengthening their long-standing collaboration and advancing a shared vision for a reliable, affordable, and sustainable energy future. The agreement is designed to support Xcel Energy's generation and grid projects well into the 2030s, leveraging the breadth of GE Vernova's portfolio of equipment and services. The collaboration will focus on delivering key benef...
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TeraWulf Expands Digital and Power Infrastructure Portfolio with Strategic Acquisitions in Kentucky and Maryland

TeraWulf Expands Digital and Power Infrastructure Portfolio with Strategic Acquisitions in Kentucky and Maryland February 2, 2026 • 4:05 PM EST Acquisitions add 1.5 GW of load capacity, expanding energy-advantaged portfolio with on-site power generation TeraWulf’s platform more than doubles to 2.8 GW across five sites, supporting 250 – 500 MW of targeted new contracted capacity annually EASTON, Md., Feb. 02, 2026 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), a leading owner and operator of vertically integrated digital infrastructure, today announced the expansion of its digital and power infrastructure portfolio through the acquisition of two strategically located brownfield infrastructure sites in Hawesville, Kentucky and Charles County, Maryland. Together, these acquisitions add approximately 1.5 gigawatts (GW) of capacity to TeraWulf’s portfolio and advance the Company’s strategy of developing energy-advantaged locations with near-term power availa...
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Avalanche Energy Raises $29 Million Following Plasma Physics Breakthroughs

Avalanche Energy Raises $29 Million Following Plasma Physics Breakthroughs News provided by  Avalanche Energy Feb 03, 2026, 06:00 ET Capital enables full private match for Washington State Green Jobs grant and supports buildout of Avalanche's commercial FusionWERX test facility SEATTLE, Feb. 3, 2026 /PRNewswire/ -- Avalanche Energy , a fusion energy startup developing modular compact fusion machines, today announced $29 million in new funding led by RA Capital Management. New investors include 8090 Industries, Overlay Capital, and others, with full participation from existing investors Congruent Ventures, Founders Fund, Lowercarbon Capital, and Toyota Ventures, demonstrating increased confidence in Avalanche's technical progress and commercial roadmap. The funding reflects significant recent advances in the performance of Avalanche's compact fusion technology and provides the private matching funds for Avalanche's $10M grant issued in July 2025 by the Washington State ...
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Nine Energy Service Takes Action to Strengthen Capital Structure and Position Company for Future Growth

Nine Energy Service Takes Action to Strengthen Capital Structure and Position Company for Future Growth News provided by  Nine Energy Service, Inc. Feb 01, 2026, 22:03 ET Seeks approval of voluntary prepackaged restructuring plan with strong support from lenders, expects to emerge from process within 45 days Receives commitment for $125 million in new financing to support ongoing operations throughout process Continues to operate as usual and provide best-in-class solutions to customers All vendors to be unimpaired and paid in full HOUSTON, Feb. 1, 2026 /PRNewswire/ -- Nine Energy Service, Inc. ("Nine"), a leading onshore completion solutions provider, announced today that it has reached an agreement with its debtholders on a comprehensive recapitalization transaction designed to strengthen its capital structure and support the Company's long-term financial health. To implement the transaction, Nine Energy Service, Inc. and certain of its U.S. and Canadian subsidiaries (t...
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