CanCambria Energy Grants Stock Options

(TSXV:CCEC) (FSE:4JH) (OTCQB:CCEYF) CanCambria Energy Corp. announced that its Board of Directors has approved the issuance of a total of 3,850,000 options to certain directors, officers, and employees of the Company. The options entitle holders to purchase common shares of the Company at an exercise price of CAD $0.30 per common share. The options have a term of five (5) years from the date of grant. Vesting of the options will occur in three equal tranches every six months from the grant date, over an 18-month period. The options are subject to the terms and conditions of the Company's Omnibus Stock Option Plan and the policies of the TSX Venture Exchange. The award is described as consistent with talent retention and alignment of insiders with long-term shareholder value. CanCambria Energy Corp. is focused on tight gas development and aims to commercialize its flagship asset, the 100% owned Kiskunhalas Project in southern Hungary. The company is led by a globally experienced leadership team and focuses on high-quality, de-risked projects with direct access to profitable markets. The Kiskunhalas Project is described as a significant gas-condensate resource in the heart of Europe.

Flotek Receives EPA Approval For VeraCAL Flare Monitoring At Petroleum Refineries

(NYSE:FTK) Flotek Industries, Inc. announced that the U.S. Environmental Protection Agency (EPA) has approved its proprietary VeraCAL optical system as an alternative to gas chromatography for measuring flare vent gas composition and net heating value (NHV) under 40 CFR Part 63, Subpart CC, National Emission Standards for Hazardous Air Pollutants From Petroleum Refineries (MACT CC). The EPA approval is published as Alternative Test Method 163 (ALT-163). This marks VeraCAL's second EPA alternative-method approval, following its initial approval in July 2024. Dr. Ryan Ezell, Chief Executive Officer of Flotek, stated that this approval is an important step in expanding the company's Data Analytics business. VeraCAL is designed to provide continuous, near real-time measurements for flare monitoring without the need for carrier gas or chromatographic separation. The U.S. refining industry included 130 operable refineries as of January 1, 2026. Recent EPA rulemakings have extended refinery-style flare monitoring requirements to certain chemical manufacturing and gasoline distribution operations. Flotek's Data Analytics segment is focused on innovation in flare compliance measurement through VeraCAL technology and monitoring services. The company believes the new EPA approval strengthens its position in compliance measurement and creates opportunities to serve refinery customers, broaden its customer base, and grow through near real-time data solutions. Flotek leverages a portfolio of more than 130 patents and over two decades of field and laboratory data. The company has a global presence in more than 59 countries. Flotek's common shares are traded on the New York Stock Exchange under the ticker symbol "FTK."

Occidental Announces Dividend

(NYSE:OXY) Occidental announced that its Board of Directors has declared a regular quarterly dividend of $0.28 per share on common stock. The dividend is payable on January 15, 2027. Stockholders of record as of the close of business on December 10, 2026, will be eligible to receive the dividend. The announcement specifies the dividend amount, payment date, and record date. No additional financial or operational figures are disclosed in this announcement. No named executives or quoted remarks are included in the release. No project, asset, or product names are mentioned. No license, permit, or court-case identifiers are provided. No counterparties, agencies, or courts are referenced. The notice does not mention any locations.

ASP Isotopes Inc. Announces that Renergen Limited’s Virginia Gas Project has Achieved Stable Liquid Helium Production

(NASDAQ:ASPI) ASP Isotopes Inc. announced that Tetra4 Proprietary Limited, a subsidiary of Renergen Limited, has completed commissioning and achieved stable production of liquid helium. Liquid helium is now accumulating in Tetra4’s cryogenic storage ahead of initial deliveries under existing offtake agreements. The Virginia Gas Project holds South Africa’s first onshore petroleum production right and is the country’s first integrated producer of both liquid helium and liquefied natural gas (LNG). Paul Mann, Executive Chairman and Chief Executive Officer of ASP Isotopes and Chief Executive Officer of Renergen, stated that stable helium production at the Virginia Gas Project is a defining milestone for both companies. He noted that with global helium supply under significant pressure, a new, independent source is important, and offtake partners have been waiting for this development. The company is ramping towards nameplate capacity, which is expected to be reached during the fourth quarter of 2026, and is finalizing logistics with offtakers for first deliveries. Phase 1 of the Virginia Gas Project is expected to produce approximately 2,500 GJ/day of LNG and approximately 70 Mcf/day of liquid helium. ASP Isotopes operates isotope enrichment facilities in Pretoria, South Africa, focused on low atomic mass elements, and a gas production facility in Free State Province, South Africa, focused on LNG and liquid helium. Renergen Limited, a subsidiary of ASP Isotopes Inc., holds a 94.5% equity interest in Tetra4 Proprietary Limited, which owns the onshore petroleum production right and is engaged in the exploration and production of natural gas and the processing of natural gas into LNG and liquid helium in Free State Province, South Africa. The press release also relates to proposed merger and related transactions involving ENDRA Life Sciences Inc., ASP Isotopes, Renergen, and Noble Africa LLC, a subsidiary of ASP Isotopes and future holding company for Renergen. ENDRA has filed relevant materials with the SEC, including a registration statement on Form S-4 containing a proxy statement and prospectus. Investors and stockholders are urged to read these documents when they become available, as they will contain important information about the proposed transactions and related matters. Information about directors and executive officers of the involved companies is included in their respective most recent Annual Reports on Form 10-K for the year ended December 31, 2025, and in the Form S-4 and Proxy Statement.

Indonesia Energy Commences Drilling of WK-5 Well at Kruh Block

(NYSE:INDO) Indonesia Energy Corporation announced that drilling operations commenced on October 21, 2026, at its WK-5 well in the Kruh Block, Sumatra, Indonesia. The WK-5 well is planned to reach a total depth of approximately 5,200 feet, which is significantly deeper than the recently completed K-29 well that was drilled to approximately 3,400 feet. The deeper drilling program at WK-5 is designed to evaluate additional formations identified through IEC's previous 3-D seismic program, including a potentially natural gas-bearing formation. Both the WK-5 and K-29 wells are located within IEC's approximately 63,000-acre Kruh Block. Oil production from K-29 has recently commenced, and a video featuring this production and a visit by IEC's delegation to the WK-5 wellsite is available online. Frank Ingriselli, President of IEC, stated that the commencement of WK-5 drilling was on schedule and represents an opportunity to evaluate deeper formations that may expand the company's resource base. If successful, production from WK-5 would complement ongoing production from K-29 and other producing wells, with oil production sold to Pertamina, Indonesia's state-owned oil and gas company. IEC is working to secure the necessary Indonesian government approval to publicly disclose individual well production rates and will provide additional information once approvals are obtained. The company highlighted the successful commencement of WK-5 drilling and the initiation of oil production from K-29 as evidence of continued progress in executing its Kruh Block development strategy. IEC remains focused on increasing production, evaluating new opportunities, and unlocking the long-term potential of its assets in Indonesia. IEC’s principal assets are the Kruh Block (63,000 acres) located onshore on the Island of Sumatra in Indonesia and the Citarum Block (195,000 acres) located onshore on the Island of Java in Indonesia. IEC is headquartered in Jakarta, Indonesia and has a representative office in Danville, California.

Borr Drilling Limited - Prospector 5 Rig Incident Update

(NYSE:BORR) (OSE:BORR) Borr Drilling Limited provides an update regarding the Prospector 5 incident offshore Gabon. The incident was first announced by the company on October 25, 2026. There were 115 personnel on board the Prospector 5 at the time of the incident. Of these, 110 personnel are safe and accounted for. Five individuals remain unaccounted for, and search and rescue operations are ongoing for them. The company is in contact with the families of the missing personnel. The 110 accounted-for personnel are being brought ashore in Gabon, where they are receiving care and support. Borr Drilling's onshore emergency response team is working with local authorities and the company's customer to respond to the incident. The team is also supporting those affected and continuing efforts to search for the missing personnel. Extensive marine and air search and rescue operations are ongoing. The company is collaborating with its partners and authorities to ensure a robust investigation into the cause of the incident. The immediate and overriding priority for Borr Drilling remains the ongoing search and rescue efforts. The company is committed to doing everything possible to assist the authorities and specialists leading these operations. Family members seeking information or assistance are encouraged to contact the team at +44 (0)1224 087026.

Helix Exploration — US DoE Designates Helium as a Critical Material

(AIM: HEX, OTCQB: HEXFF, LSE: HEX) Helix Exploration PLC announced that the United States Department of Energy (DOE) has formally designated helium as a critical material under the Energy Act of 2020, as of 23 October 2026. The DOE's designation recognizes helium's essential role in US manufacturing, advanced technologies, and national security, and highlights the importance of securing reliable domestic supply chains. Helix operates the Rudyard facility, which represents the first helium production in the State of Montana, with production commencing in February 2026 and first commercial sales achieved in July 2026. The company is advancing a program to expand production and processing capacity at Rudyard, supported by its owned drilling rig and existing infrastructure. In July 2026, Helix acquired the Keyes Helium Complex in Oklahoma, which includes one of only six operational helium liquefaction facilities in the United States. This acquisition provides Helix with a strategically important position within the domestic helium supply chain, enabling efficient storage and transportation of helium to end users in industrial, medical, and advanced technology markets. Helix's integrated business model spans exploration, production, processing, and liquefaction, positioning the company to participate across multiple stages of the US helium supply chain. The company believes the DOE's designation further supports the long-term strategic rationale for investment in domestic helium production and infrastructure. Bo Sears, Chief Executive Officer of Helix Exploration, stated that the DOE's decision is an important development for the domestic helium industry and reinforces the strategic value of Helix's assets. Helix aims to establish itself as a significant integrated supplier of helium to US and global markets.

Rudyard – Ross #1 Well Spud

(AIM: HEX, OTCQB: HEXFF, LSE: HEX) Helix Exploration PLC announced the spudding of the Ross #1 well on 23 October 2026, following permit approval by the Montana Board of Oil and Gas Conservation. The Ross #1 well is intended to be the fifth production well in the Northern Dome of the Rudyard field and targets the Souris River and Red River formations. The well is located approximately one mile north north-east of the processing plant and will be drilled to a total depth of approximately 5,500 ft, with drilling expected to take approximately 21 days, followed by wireline logging, extended flow testing, and gas analysis. Subject to successful flow testing and gas analysis, Helix intends to tie the Ross #1 well into the existing gathering system and connect it to the PSA Plant. Helix is currently operating three wells at Rudyard—Darwin #1, Linda #1, and Weil #1—all of which are producing high grade, commercial helium under a spot sales arrangement and are connected to the gathering system, providing throughput to the PSA plant. Since resuming production on 16 October 2026, Helix has resumed filling tube trailers on continuous rotation, with the first tube trailer having been filled. A fourth well, Ollie #1, is awaiting flow testing and gas analysis and is expected to be connected to the PSA Plant thereafter. The company is reviewing additional helium well locations as candidates for the next well following completion of Ross #1, as part of its planned production expansion programme. Helix controls its own drilling equipment, which enabled rapid preparation and mobilisation to the Ross #1 well site within two days of permit approval. The company’s flagship Rudyard Project in Montana commenced production in February 2026, with first commercial sales in July 2026. Production was restarted after a regulatory pause announced on 3 September 2026, following approval from the Montana Board of Oil and Gas Conservation on 15 October 2026. Helix is expanding Rudyard through a drilling and processing capacity programme, supported by its own drilling rig. In July 2026, Helix acquired the Keyes Helium Complex in Oklahoma, which is one of only six operational helium liquefaction facilities in the United States. The company’s combination of producing helium resources, owned drilling capability, and liquefaction infrastructure provides unique control across the value chain and multiple avenues for growth, including increased production, third-party processing, and liquefaction. Helix is focused on scaling a vertically integrated helium business to serve the growing North American and global markets.

Operational Update

(LSE:1947) 1947 Oil & Gas plc provides an operational update following its listing on the London Stock Exchange’s AIM market and the closing of its transaction with Renaissance Offshore, LLC. At the Eugene Island 331 Field, production was restored in late September 2026 after an extended shut-in period due to repairs in a downstream condensate gathering facility. Production at Eugene Island 331 was restored at a rate of 1,200 barrels of oil equivalent per day (boepd) gross and approximately 1,000 boepd net, with production being 81% oil weighted. In the Ship Shoal 198 field, a recent workover campaign prior to closing the Renaissance transaction at the end of September 2026 resulted in a production increase to 1,275 boepd gross and 1,060 boepd net, up from an average of 545 boepd net in the first half of 2026. The company has been awarded two offshore lease blocks, West Delta 133 and South Timbalier 314, by the Marine Minerals Administration as part of the Big Beautiful Gulf 3 Lease Sale held on 12 August 2026. These two blocks add 10,000 gross acres to 1947’s portfolio, increasing its acreage under lease. Both lease blocks were previously in the Renaissance portfolio but now carry a lower 12.5% royalty rate, which is expected to improve the economics of redevelopment opportunities. The total bid for the two lease blocks was approximately $260,000. Tim Duncan is the Executive Chairman of 1947 Oil & Gas plc. The company was founded by Jeff Currie and Ivan Murphy. The company is focused on aggregating and redeveloping assets in the United States Gulf Coast and Gulf of America. The company is high-grading organic opportunities internally and continues to look at market opportunities externally.

Senior Secured Bond Tap Issue

(LON:KIST) Kistos Holdings plc announced the successful placement of a USD 50 million tap issue under its existing 9.875% senior secured bonds maturing in May 2030 (ISIN NO0013741843). The Tap Issue was priced at 101.10% of par, equivalent to a 9.5% yield. Following this transaction, the total amount outstanding under the Bonds will be USD 350 million. The Tap Issue attracted strong demand from both new and existing institutional investors. Net proceeds from the Tap Issue will be used for general corporate purposes, principally to fund the continued growth of the Group. Upon settlement, Kistos will have between USD 250 million and USD 300 million of liquidity, in addition to cash flows from its unhedged production portfolio. The company reported pro forma EBITDA of USD 280 million for the nine months ended 30 September 2026. Settlement of the Tap Issue is expected on or around 6 November 2026, subject to customary closing conditions. ABG Sundal Collier ASA and Fearnley Securities AS acted as Joint Bookrunners for the Tap Issue. Andrew Austin, Executive Chairman of Kistos, stated that pricing the tap at a premium to par demonstrates strong endorsement from credit investors and further strengthens the company's balance sheet. Andrew Austin, Executive Chairman, subscribed for USD 1.5 million of the Tap Issue. The pro forma EBITDA figure includes the Oman Blocks 3 & 4 and Block 9 acquisitions as if completed on 1 January 2026, based on draft financial information provided by the seller, and remains subject to finalisation of information from operators.

Helium Added to U.S. Department of Energy Critical Material List

(AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) Pulsar Helium Inc. announced that on October 23, 2026, the United States Department of Energy (DOE) issued a notice adding helium to the DOE Critical Material List. The DOE's notice states that helium is non-substitutable for multiple critical energy functions, including semiconductor manufacturing, leak testing natural gas infrastructure, and quantum computing, and is essential to key medical and scientific applications. The DOE also highlights that growing demand for helium is being driven by the advancement of super intelligence and data center supply chains. Cliff Cain, President of Pulsar, commented that the DOE's decision to designate helium as a critical material is an important recognition of its essential role in America's economic future, technological leadership, and national security. He further stated that with global supply chains facing increasing uncertainty, the need to develop reliable domestic sources of helium has never been more urgent. Pulsar is advancing its high-grade helium discovery in Minnesota and aims to be part of the solution to ensure the United States is prepared to meet growing demand for helium, strengthen national security, and support American innovation. Thomas Abraham-James is CEO and Director of Pulsar Helium Inc. Pulsar's portfolio consists of its flagship Topaz helium project in Minnesota, the Falcon project in Michigan (both in the USA), and the Tunu helium project in Greenland. Pulsar is described as the first mover in both locations with primary helium occurrences not associated with the production of hydrocarbons identified at each. The company is publicly traded on the AIM market of the London Stock Exchange, the TSX Venture Exchange, and the OTCQB. No reserves have been assigned in connection with the company’s property interests to date, given their early stage of development. The company’s activities are principally directed towards the future exploration, appraisal, and development of its assets, and potential acquisition of property interests in the future. Estimating helium volumes is subject to significant uncertainties associated with technical data and the interpretation of that data, future commodity prices, and development and operating costs. There can be no guarantee that the company will successfully convert its helium volume to reserves and produce that estimated volume.

Borr Drilling Limited - Prospector 5 Rig Incident

(OSE:BORR) Borr Drilling Limited confirms that an incident occurred at approximately 20:37 local time on October 24, 2026, involving the Prospector 5 drilling rig while conducting jacking operations offshore Gabon in preparation for a planned drilling campaign. The Prospector 5 is owned and operated by Borr Drilling and was contracted to support BW Energy's drilling operations offshore Gabon. Preliminary information indicates that the rig experienced a punch through event during preload activities, which resulted in a loss of stability and the subsequent sinking of the rig. Borr Drilling's onshore emergency response team has been activated. The company is working with local authorities and its customer, BW Energy, to respond to the incident, support those affected, and search for missing personnel. At the time of the incident, there were 115 personnel onboard the rig. A total of 110 individuals have been safely accounted for. Five individuals remain unaccounted for, and extensive search and rescue operations are ongoing. Borr Drilling states that its immediate and overriding priority is the safety and wellbeing of all personnel affected by this incident. Family members seeking information or assistance are directed to contact the team at +44 (0)1224 087026. Bruno Morand, CEO of Borr Drilling, expressed deep concern for those who remain unaccounted for and everyone affected by the incident, emphasizing that the immediate priority is supporting ongoing search and rescue efforts and the welfare of all personnel involved. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Prospera Energy Announces Service Rig Update as Luseland Workovers Come Online at 3.3x Prior Rates

(TSXV:PEI) Prospera Energy Inc. provided an update on its fall service rig program in Alberta. All five Luseland wells worked over between September 21 and October 10, 2026, have returned to production, averaging a combined 53.5 bbl/d of oil since first oil, up from 16.0 bbl/d before the workovers. The five Luseland jobs cost a combined $247K against a budget of $322K, coming in 23% under plan. The five Luseland wells have produced 793 bbl since startup through October 23, 2026. The Luseland program cost $247.1K against a $322.0K budget, $74.8K (23%) under plan, with four of five jobs under their individual AFEs. Capital efficiency was approximately $6.6K per incremental flowing barrel per day across the five Luseland wells. At Cuthbert, workovers are complete on wells 14-21-26-29W3 and 8-28-26-29W3, both being brought online, and a workover is underway on 10-21-26-29W3. For Luseland well 7-33-35-25W3, the AFE budget was $52.8K, actual $36.9K ($15.9K under), prior production 5.4 bbl/d, average since first oil 10.8 bbl/d, cumulative 162 bbl. Luseland well 10-4-36-25W3 had an AFE budget of $61.5K, actual $36.5K ($25.1K under), prior 1.0 bbl/d, average since first oil 16.0 bbl/d, cumulative 64 bbl. Luseland well 2-33-35-25W3 had an AFE budget of $63.5K, actual $67.1K ($3.6K over), prior 2.0 bbl/d, average since first oil 12.7 bbl/d, cumulative 343 bbl. Luseland well A14-18-36-25W3 had an AFE budget of $85.5K, actual $70.6K ($14.9K under), prior 3.8 bbl/d, average since first oil 9.5 bbl/d, cumulative 134 bbl. Luseland well 16-8-36-25W3 had an AFE budget of $58.7K, actual $36.0K ($22.7K under), prior 3.8 bbl/d, average since first oil 4.5 bbl/d, cumulative 90 bbl. At Cuthbert, well 14-21-26-29W3 previously produced approximately 100 mcf/d of gas and is expected to be a significant fuel gas producer. Well 8-28-26-29W3 historically produced approximately 15 bbl/d before it went down. Well 10-21-26-29W3 produced approximately 12 bbl/d before it went down, with significantly higher production rates expected after start-up. The October 2026 Key Wells Report has been updated to cover all ten wells in the first phase and the five Luseland wells worked over this fall. The TSX Venture Exchange has approved an extension to the closing of Prospera's non-brokered private placement of up to 400,000,000 units at $0.03 per unit for gross proceeds of up to $12 million, now expected to close on or before November 7, 2026. Each unit consists of one common share and one common share purchase warrant, with each warrant exercisable at $0.05 for two years following closing. All securities issued will be subject to a statutory hold period of four months and one day from closing. The offering remains subject to TSX Venture Exchange approval.

Zefiro Announces Closing of Non-Brokered Private Placement for Gross Proceeds of Approximately C$5.0 Million

(CBOE:ZEFI) (FSE:Y6B) (OTCQB:ZEFIF) Zefiro Methane Corp. has closed a non-brokered private placement for gross proceeds of approximately C$5.0 million. The company issued an aggregate of 7,575,758 units at a price of C$0.66 per unit for gross proceeds of C$5,000,000.28. Each unit consists of one common voting share and one-half of one common share purchase warrant. Each whole warrant entitles the holder to acquire one common share at an exercise price of C$0.80 per share for a period of 30 months from the date of issuance. The company intends to use the net proceeds from the offering for general working capital and corporate purposes, and may also apply a portion toward strategic acquisition opportunities. In connection with the offering, the company paid finders a cash commission of C$300,000, equal to 6% of the gross proceeds raised, and issued an aggregate of 454,545 broker warrants. Each broker warrant is exercisable to acquire one common share at a price of C$0.66 per share for a period of 24 months from the closing of the offering. The broker warrants and any common shares issuable on exercise thereof are subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable Canadian securities laws. The units under the offering were offered to purchasers outside of Canada pursuant to an exemption from the prospectus requirement under Section 2.3 of Ontario Securities Commission Rule 72-503, and are not subject to resale restrictions. The securities issued have not been, nor will they be, registered under the U.S. Securities Act of 1933 or any U.S. state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption. Catherine Flax is the Interim Chief Executive Officer of Zefiro Methane Corp.

ENERGY SERVICES OF AMERICA COMPLETES FAMCO ACQUISITION

(NASDAQ:ESOA) Energy Services of America Corporation announced that its subsidiary, FAMCO Acquisition, Inc., has completed the acquisition of substantially all of the operating assets of FAMCO, Inc., a West Virginia utility contractor focused primarily on water and sewer infrastructure. The acquisition was completed for a base purchase price of $6.95 million, subject to adjustments and other terms as set forth in the Asset Purchase Agreement. The consideration for the acquisition consists of cash and Energy Services common stock, with a portion of the purchase price withheld pending a post-closing true-up. FAMCO brings an experienced workforce, equipment fleet, and customer relationships in water and sewer infrastructure to Energy Services. The acquisition is intended to complement Energy Services' existing water and utility construction operations and expand its capabilities in these markets. Douglas Reynolds, President of Energy Services, stated that FAMCO brings experienced people, equipment, and customer relationships that complement the company's existing operations and further strengthen its capabilities in water and utility construction. Energy Services of America Corporation is headquartered in Huntington, WV, and operates primarily in the mid-Atlantic and Central regions of the United States. The company provides services to customers in the natural gas, petroleum, water distribution, automotive, chemical, and power industries. Energy Services employs 1,400+ employees on a regular basis. The company's core values are safety, quality, and production.

KOIL Energy Wins Significant Service Contract

(OTCQB:KLNG) KOIL Energy Solutions, Inc. announced the award of a significant project for Subsea Cable Management Services. The company will deploy a dedicated team of experienced service supervisors and technicians to provide operational support and coordination, including umbilical spooling and operations. The project scope also includes specialized rental equipment. Erik Wiik, President and Chief Executive Officer of KOIL Energy, stated that this repeat award reflects the customer’s confidence in the team’s execution, craftsmanship, and commitment to safety demonstrated on the previous project. KOIL has expanded its service team in preparation for this engagement and continues to grow its workforce to support a strong pipeline of opportunities. The engagement demonstrates KOIL’s ability to complement its subsea equipment offerings with experienced field service personnel and ongoing operational support. KOIL provides subsea systems and services that support the full life cycle of offshore oil and gas developments. The company’s technical expertise, field-proven equipment, and service capabilities help customers execute projects from manufacturing and testing through installation, commissioning, and maintenance. KOIL’s core services and technological solutions include distribution system installation support and engineering services, umbilical terminations, loose-tube steel flying leads, and related services. The company’s experienced team can support subsea engineering, manufacturing, installation, commissioning, and maintenance projects globally.

Vivakor Completes Direct Midstream Due Diligence, Advancing Proposed $40 Million Acquisition Toward Definitive Agreement

(NASDAQ:VIVK) Vivakor, Inc. announced the completion of its due diligence review of Direct Midstream, LLC, advancing the proposed $40 million acquisition toward a definitive purchase agreement. The milestone is intended to move Vivakor closer to expanding its Permian Basin infrastructure and supports its Remediation Processing Center (RPC) strategy. Direct Midstream’s platform includes seventeen saltwater disposal facilities and nine fresh water and brine stations, with approximately 11.5 million barrels per month of permitted disposal capacity. The infrastructure serves oil and gas operators across the Permian Basin and would expand Vivakor’s participation in multiple stages of the energy services value chain. James Ballengee, Chairman, President and Chief Executive Officer of Vivakor, stated that Direct Midstream represents a substantial opportunity to expand the scale and reach of Vivakor’s infrastructure platform. The previously announced letter of intent contemplates a $40 million gross purchase price and a $10 million capital investment by Vivakor into Direct Midstream at closing, with the investment reducing the consideration payable to the seller dollar-for-dollar. Final transaction terms will be set forth in the definitive agreement, if executed. Execution of a definitive agreement and completion of the proposed acquisition remain subject to agreement on final terms, funding of the contemplated capital investment, and other applicable conditions. There can be no assurance that a definitive agreement will be signed or that the acquisition will close. Direct Midstream provides midstream energy and fluid management services, including saltwater disposal, produced water management, oil recovery and reclamation, slop oil processing, and related oilfield waste services. Direct Midstream utilizes Class II UIC wells, automation, and advanced monitoring systems to support safe, efficient, and environmentally responsible operations. Vivakor’s integrated facilities assets provide crude oil, storage, transportation, reuse, and remediation services under long-term contracts. Once operational, Vivakor's interest in oilfield waste remediation facilities will facilitate the recovery, reuse, and disposal of petroleum byproducts and oilfield waste products.

Golar releases 2025 Environmental, Social and Governance report

(NASDAQ:GLNG) Golar LNG Limited announced the publication of its 2025 Environment, Social and Governance Report. In 2025, the company's operating FLNG fleet expanded and production increased. The company achieved a record-low level of retainage on the fully utilised Gimi. The Hilli FLNG continued to deliver market-leading operational performance. Both FLNGs produced LNG more efficiently and outperformed their already competitively low carbon-intensity targets. The report details performance across five key focus areas: Health, Safety and Security; Environmental Impact; People and Communities; Innovation and Transition; and Governance and Ethics. The 2025 ESG report is available on the company's website. Karl Fredrik Staubo is named as CEO. Eduardo Maranhão is named as CFO. The company states that further details on performance metrics are available in the full report. The announcement is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act. The company notes that the press release contains forward-looking statements as defined in Section 21E of the Securities Exchange Act of 1934, as amended. The company cautions that these forward-looking statements involve risks and uncertainties that could cause actual results to differ materially. Golar LNG undertakes no obligation to update forward-looking statements unless required by law.

Archrock Announces Timing for Third Quarter 2026 Results

(NYSE:AROC) Archrock, Inc. announced it will host a conference call on Tuesday, November 3, 2026, to discuss its third quarter 2026 financial and operating results. The conference call will begin at 8:30 a.m. Eastern Time. Archrock will release its third quarter 2026 earnings report prior to the conference call. Participants who wish to join the call by phone must pre-register using a provided link to receive a dial-in number and unique PIN. To listen to the call via live webcast, participants are instructed to register at a separate provided link. A replay of the webcast will be available on Archrock’s Investor Relations website shortly after the call. Archrock describes itself as an energy infrastructure company with a primary focus on midstream natural gas compression. The company states it is committed to helping its customers produce, compress, and transport natural gas in a safe and environmentally responsible way. Archrock is described as a premier provider of natural gas compression services to customers in the energy industry throughout the U.S. The company is also a leading supplier of aftermarket services to customers that own compression equipment.

LNG Canada Doubles Capacity as Asia Looks Beyond the Gulf

(NYSE:SHEL) Shell, together with PETRONAS, PetroChina, Mitsubishi Corporation, and KOGAS, has officially approved the Final Investment Decision (FID) for the LNG Canada Phase 2 expansion project. This expansion will double the facility's capacity to 28 million tons per annum (mtpa). Cedar LNG and Woodfibre, both under construction, are also contributing to Canada's expected LNG export capacity of 33 mtpa by the end of the decade. The Coastal GasLink pipeline has been built to deliver 2.1 billion cubic feet per day (Bcf/d) of natural gas to the LNG Canada export terminal in Kitimat, British Columbia. LNG Canada's terminal location on the Pacific coast allows tankers to avoid the Panama Canal and Middle East chokepoints, with cargoes from British Columbia reaching Tokyo in about 8 to 9 days, compared to 16 to 18 days from the U.S. Gulf Coast. In the first half of 2026, U.S. LNG shipments to Asia more than doubled (+108%) from the same period in 2025, as Asian buyers sought non-Middle Eastern cargoes. LNG Canada uses gas to drive its liquefaction trains and draws on BC Hydro for about a fifth of its energy needs, while Cedar LNG is designed to run entirely on renewable hydroelectricity from BC Hydro. Wood Mackenzie projects Asian LNG demand will double from approximately 260 mtpa today to around 500 mtpa by 2060. Even with the addition of projects such as the 12 mtpa Ksi Lisims LNG, Canada will fall short of the long-term goal of achieving 100 mtpa of LNG export capacity. American projects like CP2 LNG, Commonwealth LNG, and Delfin FLNG 1, which reached FID this year, are set to extend U.S. dominance in global LNG exports. New LNG infrastructure and export projects are also progressing in Africa, Latin America, and Australia, with countries such as Mozambique, Nigeria, Mauritania, Senegal, Mexico, Argentina, and Russia developing significant LNG export capabilities. Oil prices have climbed above $110 as Middle East supply fears persist.

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