Sunya

COMSTOCK RESOURCES, INC. REPORTS THIRD QUARTER 2025 FINANCIAL AND OPERATING RESULTS FRISCO, TX, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE; NYSE Texas: CRK) today reported financial and operating results for the quarter ended September 30, 2025. Highlights of 2025's Third Quarter Higher natural gas prices in the third quarter drove improved financial results in the quarter. Natural gas and oil sales, including realized hedging gains, were $335 million for the quarter. Operating cash flow was $190 million or $0.65 per diluted share. Adjusted EBITDAX for the quarter was $249 million. Adjusted net income was $28 million or $0.09 per diluted share for the quarter. Three Western Haynesville wells turned to sales in the third quarter. These wells had an average lateral length of 8,566 feet and an average per well initial production rate of 32 MMcf per day. Comstock has turned 28 wells to sales to date in 2025 in its ...

Pembina and PETRONAS Enter Long-Term Agreement for Cedar LNG Capacity Nov 5, 2025 7:00 AM Eastern Standard Time CALGARY, Alberta--( BUSINESS WIRE )--Pembina Pipeline Corporation ("Pembina") (TSX: PPL; NYSE: PBA) and Petroliam Nasional Berhad ("PETRONAS") today announced the signing of a 20-year agreement (the "Agreement") for 1.0 million tonnes per annum ("mtpa") of Pembina's liquefaction capacity at the Cedar LNG facility ("Cedar LNG") by their subsidiaries. The Agreement is a synthetic liquefaction service structure for 1.0 mtpa of capacity, under which Pembina will provide transportation and liquefaction capacity to PETRONAS LNG Ltd over a 20-year term. It enables PETRONAS to access an additional natural gas export outlet for its sizeable Canadian upstream investment, while providing Pembina with a stable long-term, take-or-pay revenue stream and the potential for value enhancement. The Agreement also demonstrates the shared comm...

New Era Energy & Digital Enters into Land Option Purchase Agreement for 3,500 Acres in New Mexico for 7GW AI Data Center Hub; Marks first Wholly Owned Development, Separate from TCDC Joint Venture Nov 6, 2025 7:00 AM Eastern Standard Time MIDLAND, Texas--( BUSINESS WIRE )--New Era Energy & Digital, Inc. (Nasdaq: NUAI) (“New Era” or the “Company”), a developer and operator of next-generation digital infrastructure and integrated power assets, today announced it has entered into a land option purchase agreement for approximately 3,500 acres in Lea County, New Mexico for the development of a large-scale AI data center campus. If completed, this strategic initiative will transform the site into a multi-gigawatt AI hub, featuring more than 2 gigawatts (GW) of natural gas generation and a planned 5+ GW nuclear installation, positioning New Mexico as a key participant in the global AI infrastructure ecosystem. Initial power delivery is expected in 2028. The Lea County site was select...

ConocoPhillips announces third-quarter 2025 results; increases quarterly ordinary dividend by 8% and announces preliminary 2026 guidance Nov 6, 2025 7:00 AM Eastern Standard Time Reported third-quarter 2025 earnings per share of $1.38 and adjusted earnings per share of $1.61. Generated cash provided by operating activities of $5.9 billion and cash from operations (CFO) of $5.4 billion. Raised ordinary dividend by 8% to $0.84 per share. Raised full-year 2025 production guidance to 2.375 MMBOED and further reduced operating cost guidance to $10.6 billion. Announced preliminary 2026 guidance, including $12 billion of capital expenditures, $10.2 billion of adjusted operating costs and 0 to 2% underlying production growth. HOUSTON--( BUSINESS WIRE )--ConocoPhillips (NYSE: COP) today reported third-quarter 2025 earnings of $1.7 billion, or $1.38 per share, compared with third-quarter 2024 earnings of $2.1 billion, or $1.76 per share. Excluding special items, third-quarter 2025 adjusted earn...

CNX Announces Executive Leadership Appointment News provided by  CNX Resources Corporation Nov 05, 2025, 06:45 ET PITTSBURGH, Nov. 5, 2025 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX ) today announced that its Board of Directors has appointed Everett Good, the Company's current Vice President of Finance and Treasury, to serve as Chief Financial Officer, effective January 1, 2026. Mr. Good will succeed Alan Shepard, who, as previously announced , will assume the roles of President and Chief Executive Officer and member of the Board of Directors, effective on the same date. "The appointment of Everett reflects the depth of talent and continuity within our organization," said CNX President and Chief Financial Officer Alan Shepard. "Throughout his 13-year tenure at CNX, Everett has demonstrated exceptional financial acumen, a deep understanding of our business model, and a commitment to advancing per share value through disciplined capital allocation. Everett...

Conduit Power Executes the Purchase of 250 MW of Power Generating Equipment for 2027 Data Center Deployments in Texas and Wyoming Nov 6, 2025 8:30 AM Eastern Standard Time HOUSTON--( BUSINESS WIRE )-- Conduit Power , LLC (“Conduit”), an independent power producer and leading provider of distributed power solutions that provide critical rapid startup and baseload power for data center operations, has executed purchase orders for 75 Ecomax® 33 Power Generation Units powered by Jenbacher 620 engines with AB Energy USA, affiliate of Gruppo AB, one of the world’s largest suppliers of modular power generation systems. The new purchase orders represent a total of 250 megawatt (MW) of nameplate capacity and expand Conduit’s firm delivery pipeline to approximately 300 MW of Ecomax® 33 units powered by Jenbacher engines. The 300 MW of power generating capacity is earmarked for data centers that are currently being developed in Texas and Wyoming. All the new Ecomax® 33 units will be co-located w...

Our new deal with Mombak is designed to accelerate the planet’s natural ability to remove CO2. By Randy Spock | Carbon Credits and Removals Lead Nov 06, 2025 We signed a new carbon dioxide (CO2) removal deal with Mombak , a Brazil-based company that is restoring degraded land in the Amazon by planting native, biodiverse forests. We’re purchasing 200,000 tons of CO2 removal from Mombak — 4x the size of our first deal with them last year. Mombak’s approach balances scientific rigor with industrial-scale operations to maximize climate benefit and ecosystem restoration. Our expanded support will help Mombak grow their impact, and we’ll also use Google DeepMind’s Perch AI to quantify the biodiversity benefits of reforestation. Mombak is the first project selected by the Symbiosis Coalition, and it has been endorsed by independent experts for its credible approach to measuring CO2 removal. As with our other purchases, we’ll report transparently on the impact of this project — and where need...

AEP and Quanta Services Announce Strategic Partnership to Advance Transmission and Power Infrastructure Nov. 5, 2025 Columbus, Ohio, November 5, 2025 — American Electric Power (Nasdaq: AEP) today announced long-term strategic agreements with Quanta Services, Inc. (NYSE: PWR) designed to position AEP to execute on its announced $72 billion capital plan including delivery of high-voltage transmission, while enhancing supply chain resilience and expanding development capabilities to serve customers, including the rapidly growing data center market. The collaboration includes a Cooperation and Commitment Agreement for transmission projects, and a Development Services Agreement for large transformer and breaker manufacturing. Together, these efforts position AEP and Quanta to deliver greater efficiency, constructability and certainty in meeting the energy needs of customers today and in the future. Under the Cooperation and Commitment Agreement, AEP and Quanta will collaborate on the design...

Chestnut Carbon Has Sold High-Integrity IFM Carbon Removal Credits to TD Bank in Multi-Year Agreement News provided by  Chestnut Carbon Nov 05, 2025, 07:00 ET Chestnut Carbon has sold forest carbon removal credits to TD Bank, supporting the Bank's operational emissions offset and broader climate strategy NEW YORK, Nov. 5, 2025 /PRNewswire/ -- Chestnut Carbon ("Chestnut"), a leading developer of nature-based carbon removal solutions, announced today the multi-year commitment to deliver Improved Forest Management (IFM) credits to TD Bank ("TD"), one of North America's largest financial institutions. The credits will be delivered over a 4-year agreement, underscoring TD's strategic commitment to environmental sustainability and the energy transition. Chestnut's IFM credits represent pure carbon removal sourced exclusively from privately-owned, at-risk forests across the United States. These credits are backed by a team of expert foresters, carbon scient...

Amplify Energy Announces Divestiture of Oklahoma Assets November 5, 2025 HOUSTON, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify,” the “Company,” “us,” or “our”) announced today it has entered into a definitive agreement to sell all of its interests in Oklahoma for a total contract price of $92.5 million, subject to customary post-closing adjustments (the “Oklahoma Transaction”). The Oklahoma Transaction is expected to close by the end of the fourth quarter of 2025 and will represent a complete exit from the Company’s interests in Oklahoma. In combination with the previously announced divestitures of our East Texas and Eagle Ford assets, the Company is making significant progress on the Company’s previously announced plan of simplifying its portfolio, strengthening its balance sheet, and focusing on its highest upside assets. Dan Furbee, Amplify’s Chief Executive Officer, stated, “This summer, the organization committed to a new strategic direction. Dives...

Eni and PETRONAS sign Investment Agreement to establish new JV Satellite Company in Indonesia and Malaysia 03 November 2025 - 8:00 AM CET Abu Dhabi (UAE), 3 November 2025 – Eni and PETRONAS today announced a binding agreement to establish an independent company (NewCo) under equal ownership, by combining their respective upstream assets in Indonesia and Malaysia. The signing took place at global energy event ADIPEC, in the presence of Eni CEO, Claudio Descalzi and PETRONAS President and Group CEO, Tengku Muhammad Taufik. The agreement follows the Framework Agreement signed by the two companies on 17th June 2025 and establishes a new entity that will manage 19 assets: 14 in Indonesia and five in Malaysia - representing significant enterprise value. Under NewCo, Eni and PETRONAS will combine complementary portfolios, technical strengths, and regional expertise to deliver long-term value creation, operational excellence, and leadership in the energy transition. NewCo will operate as a fin...

Melange Capital Closes Oversubscribed Debut Energy Secondaries Fund Nov 3, 2025 5:40 PM Eastern Standard Time AUSTIN, Texas--( BUSINESS WIRE )-- Melange Capital Partners (“Melange”) today announced the final close of Melange Secondaries Partners, LP, with total limited partner commitments of $430 million, surpassing the fund’s original target. Founded in 2023 by Eric Chang and Brandon Wilson, Melange focuses on providing flexible liquidity solutions across the traditional energy sector. “We are grateful for the trust and conviction our investors have placed in us,” said Eric Chang, Co-Founder and Partner of Melange Capital Partners. The fund targets opportunities across upstream, midstream, services and power infrastructure assets, with a focus on acquiring interests in existing funds and portfolios. Latham & Watkins LLP served as legal counsel to Melange Capital Partners in connection with the formation and closing of Melange Secondaries Partners, LP. About Melange Capital Partn...

Ovintiv Completes Portfolio Transformation with Agreement to Acquire NuVista Energy Ltd. and Planned Divestiture of Anadarko Assets Transaction Adds Scale and High-Quality Oil Inventory to Ovintiv's Premier Montney Position Highlights: Agreement reached to acquire NuVista Energy Ltd. at an average price of approximately C$17.80 per share, or total consideration of approximately $2.7 billion (C$3.8 billion) Acquisition is expected to add approximately 140,000 net acres and approximately 100 thousand barrels of oil equivalent per day ("MBOE/d") in the core of the oil-rich Alberta Montney, highly complementary to Ovintiv's existing acreage Drilling inventory additions of approximately 930 total net 10,000-foot equivalent well locations, at an average cost of $1.3 million per location, including approximately 620 premium(1) return well locations and approximately 310 upside locations Access to additional strategic processing infrastructure and downstream capacity to enabl...

California Resources Corporation and Capital Power to Explore Decarbonized Power Solutions in California November 04, 2025 16:30 ET | Source: California Resources Corporation CRC’s Carbon TerraVault and Capital Power Sign MOU to Explore Transportation and Sequestration of up to 3 Million Metric Tons of CO2 Emissions Per Year New MOU Demonstrates Rising Interest in Carbon TerraVault’s Power-to-CCS Solution LONG BEACH, Calif., Nov. 04, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) and its carbon management business, Carbon TerraVault (CTV), today announced a Memorandum of Understanding1 (MOU) with Capital Power (TSX: CPX) to provide carbon management services for CPX’s La Paloma generation facility in Kern County, California. Highlights:CTV and CPX plan to jointly evaluate and develop carbon capture and sequestration (“CCS”) solutions for the La Paloma facility — a 1.1 gigawatts (GW) natural gas combined cycle generation facility in Kern County CTV intends to eva...