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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...

Equinor captures value through sale of Argentina onshore assets

Equinor captures value through sale of Argentina onshore assets 02 February 2026 Equinor has signed an agreement with Vista Energy to divest its full onshore position in Argentina’s Vaca Muerta basin. The transaction includes Equinor’s 30% non-operated interest in the Bandurria Sur asset and its 50% non-operated interest in the Bajo del Toro asset. Equinor’s Argentinian offshore acreage is not affected by the transaction. The total consideration is valued at around USD 1.1 billion. At closing, Equinor will receive an upfront cash payment of USD 550 million as well as shares in Vista. The consideration also includes contingent payments linked to production and oil prices over a five-year period. The transaction has an effective date of 1 July 2025. “We are realising value from two high-quality assets we have actively developed as we continue to high-grade our international portfolio,” says Philippe Mathieu, executive vice president for Exploration & Production International. “This t...

ASCENT RESOURCES APPOINTS MARIANELLA FOSCHI AS NEW CHIEF FINANCIAL OFFICER

ASCENT RESOURCES APPOINTS MARIANELLA FOSCHI AS NEW CHIEF FINANCIAL OFFICER Oklahoma City, Oklahoma, February 2, 2026 (PR Newswire) – Ascent Resources, LLC (“Ascent” or the “Company”) today announced that Marianella Foschi has been appointed Chief Financial Officer, effective March 1, 2026. Ms. Foschi brings extensive financial and strategic experience across the energy sector, including public company leadership, capital allocation, and broad capital markets expertise. Ms. Foschi most recently served as Chief Financial Officer and Treasurer of Civitas Resources from November 2021 until its merger with SM Energy in January 2026, where she helped guide the company through significant growth, operational integration, and portfolio transformation. Prior to her tenure at Civitas, she held roles of increasing responsibility at Extraction Oil & Gas, joining in 2015 as Director of Finance and ultimately being named Chief Financial Officer in January 2021. Previously, Ms. Foschi was an Asso...

Devon Energy and Coterra Energy to Combine, Creating a Premier Shale Operator

Devon Energy and Coterra Energy to Combine, Creating a Premier Shale Operator Feb 2, 2026 6:59 AM Eastern Standard Time OKLAHOMA CITY & HOUSTON--( BUSINESS WIRE )--Devon Energy (“Devon”) (NYSE: DVN) and Coterra Energy (“Coterra”) (NYSE: CTRA) today announced the signing of a definitive agreement to merge in an all-stock transaction. The combination will create a leading large-cap shale operator with a high-quality asset base anchored by a premier position in the economic core of the Delaware Basin. The combined company will be named Devon Energy and will be headquartered in Houston while maintaining a significant presence in Oklahoma City. The formation of this premier company is expected to unlock substantial value by leveraging each company’s core strengths and through the realization of $1 billion in annual pre-tax synergies. The realization of synergies, technology-driven capital efficiency gains and optimized capital allocation will drive near and long-term per share growth. ...

Enfinity Global achieves Commercial Operation of First Project Under its 366 MW portfolio of PPAs with Microsoft

Enfinity Global achieves Commercial Operation of First Project Under its 366 MW portfolio of PPAs with Microsoft : MILAN , Jan. 29, 2026 /PRNewswire/ -- Enfinity Global announced today the commercial operation of the first project under its portfolio of Power Purchase Agreements (PPAs) with Microsoft in Italy. The commercial operation of this first solar PV power plant, with a capacity of 33.8 MW AC, marks the beginning of a strategic relationship to support Microsoft's sustainability goals through a reliable renewable energy supply. This first PPA is part of a larger collaboration for up to 366 MW AC, which includes additional renewable energy projects already under construction in Italy. Under the collaboration, Enfinity and Microsoft will also seek to make a positive impact by investing and creating jobs across various communities where our power plants are being built, including Lazio, Emilia-Romagna, and Basilicata. Carlos Domenech, CEO of Enfinity Global: "We...

WeaveGrid Expands DISCO Beyond EVs To Orchestrate Grid Capacity from the Bottom Up

WeaveGrid Expands DISCO Beyond EVs To Orchestrate Grid Capacity from the Bottom Up : New Distribution Integrated System Capacity Orchestration capabilities allow utilities to manage load growth reliably and affordably SAN FRANCISCO , Jan. 29, 2026 /PRNewswire/ --  WeaveGrid , a leading grid orchestration software provider for electric utilities, today released an expansion of DISCO (Distribution Integrated System Capacity Orchestration) , extending the capabilities beyond EV managed charging to orchestrate a broader set of flexible loads and distributed energy resources (DERs). As electrification, EV adoption, and data center demand continue to rise, utilities are facing unprecedented, highly localized stress on the distribution grid, often without clear visibility until assets are already overloaded. Traditional planning tools and demand management programs were not built to address this kind of bottom-up, asset-driven risk. DISCO gives utilities a new way forward: de...

DT Midstream Chief Executive Officer David Slater Elected Executive Chairman of the Board

DT Midstream Chief Executive Officer David Slater Elected Executive Chairman of the Board : DETROIT, Jan. 29, 2026 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) announced that CEO David Slater has been elected Executive Chairman of the Board of Directors, effective January 28, 2026. Slater succeeds Robert Skaggs, Jr., who will remain a member of the company’s Board. Slater has served as the company’s President and Chief Executive Officer since May 6, 2021 and as a member of the company’s Board since June 3, 2021. Slater has over 30 years of experience in the energy industry, where he has worked in both commercial business development and operational roles. Prior to the company’s spin-off (the “Spin-off”) transaction from DTE Energy Company, Slater served as president and chief operating officer of DTE Energy’s midstream business and had been a member of DTE Energy’s executive leadership team since 2015. The Board also appointed Christopher Zona, the company’s Executive ...