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US Oil Reserve Replacement Falls Below 100% as Capex Drops 49%

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US Oil Reserve Replacement Falls Below 100% as Capex Drops 49%

Houston – September 13, 2026 -- US oil production hit a study-period high in 2025, but reserve replacement fell below 100% for the first time since 2021, according to an annual benchmarking study released by Ernst & Young LLP (EY US).

Oil reserve additions declined 11% while production climbed to a record

The EY US Oil and Gas Reserves and Production Benchmarking Study analyzed five years of data from the 30 largest publicly traded US exploration and production companies, representing about 43% of combined US oil and gas production. Oil reserve additions from extensions and discoveries fell 11% year over year and failed to fully replace production volumes, while combined oil reserves declined by less than 1%.

Solstice Oncology Launches with $225M Series A for CTLA-4 Antibody

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Solstice Oncology Launches with $225M Series A for CTLA-4 Antibody

Cambridge, Mass. – September 13, 2026 -- Solstice Oncology has launched with a $225 million Series A financing led by RA Capital Management, with participation from Canaan Partners, Forbion and other investors, to advance a second-generation CTLA-4 antibody into earlier-stage cancer treatment.

Solstice secures $225 million to fund neoadjuvant immuno-oncology program

The clinical-stage company is focused on treating cancer in the neoadjuvant setting, before tumors have hardened resistance to therapy. Its lead candidate, porustobart, is a differentiated, Fc-enhanced CTLA-4 antibody being developed across two clinical indications, including microsatellite-stable (MSS) colon cancer and a second, undisclosed indication.

Partillion Bags $2.1M NIH Grant, Tops $8M in Federal Funding

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Partillion Bags $2.1M NIH Grant, Tops $8M in Federal Funding

Los Angeles – September 13, 2026 -- Partillion Bioscience has secured a two-year, $2.1 million NIH Small Business Innovation Research (SBIR) award from the National Institute of General Medical Sciences (NIGMS), pushing the company's total non-dilutive federal funding past $8 million.

Tenth SBIR grant matches private capital raised to date

The award, Partillion's 10th SBIR grant, was competitively secured through NIH's Direct-to-Phase II mechanism and roughly matches the company's private investment total, with no additional equity exchanged. The funding, awarded under grant number R44GM165220, will support development of the company's Cell-Cell-seq workflows over two years.

SuperX Buys Back 119,360 Shares at $7.77 Under $20M Program

Singapore – September 13, 2026 -- SuperX AI Technology Limited (NASDAQ: SUPX) repurchased 119,360 ordinary shares on September 8, 2026, at an average net price of US$7.7691 per share, a transaction valued at roughly US$927,000.

Board authorizes $20 million buyback program through August 2027

SuperX's Board of Directors approved the 2026 Repurchase Program on August 6, 2026, granting management authority to repurchase up to US$20 million of ordinary shares over the following twelve months. The company stated the move reflects Board and management confidence that current market valuation does not fully capture the firm's intrinsic value and long-term growth potential.

Adani Airports Raises $1B, Valued at $18B by Global Investors

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Adani Airports Raises $1B, Valued at $18B by Global Investors

Ahmedabad, India – September 13, 2026 -- Adani Airport Holdings Limited (AAHL) has signed binding agreements to raise ₹9,825 crore (approximately USD 1 billion) in primary equity from a consortium including Alpha Wave Global, Premji Invest, Temasek and BlackRock managed funds, valuing the airports platform at roughly USD 18 billion pre-money.

Investor consortium to hold 5.54% stake after three funding tranches

Under a Share Subscription Agreement and Shareholders' Agreement, the investors will inject capital in three tranches, with the final installment expected by July 2027. Once complete, the consortium will collectively own approximately 5.54% of AAHL, marking one of the largest primary equity investments by financial institutions in India's airport infrastructure sector.

Centrus Signs Multi-Year HALEU Fuel Deal With Radiant for Kaleidos Microreactors

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Centrus Signs Multi-Year HALEU Fuel Deal With Radiant for Kaleidos Microreactors

Bethesda, Md. – September 13, 2026 -- Centrus Energy Corp. [NYSE: LEU] has signed a definitive multi-year contract to supply high-assay, low-enriched uranium (HALEU) to Radiant, adding a new domestic fuel customer as deliveries are set to begin before the end of the decade.

Contract includes prepayments to fund Centrus enrichment build-out

The agreement adds Radiant to Centrus' HALEU customer backlog and includes prepayments to Centrus that will support the company's domestic commercial enrichment capacity program. The fuel will supply multiple Kaleidos microreactors as Radiant scales from its first test unit toward commercial and national security deployments.

Corteva, Globachem Form 50/50 JV for Crop Protection Solutions

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Corteva, Globachem Form 50/50 JV for Crop Protection Solutions

Indianapolis – September 13, 2026 -- Corteva (NYSE: CTVA) and Belgium-based Globachem N.V. have signed a definitive agreement to launch a 50/50 joint venture aimed at developing and delivering new crop protection solutions for farmers in Europe and the Americas, with the deal expected to close in the fourth quarter of 2026.

Joint venture will pool late-stage pipeline technology from both parent companies

The independently operated JV will draw on late-pipeline to commercial-stage technology from Corteva and Globachem to develop, register and market new products. Resulting solutions may be commercialized independently by one or both parent companies once ready.

New products targeted for launch in the early 2030s

The venture builds on an existing multi-year partnership between the two companies. New solutions are expected to reach the market in the early 2030s through established commercial channels.

Z Squared Buys Energized Arkansas Site, Eyes 150+ MW AI Capacity

Ft. Lauderdale – September 13, 2026 -- Z Squared Inc. (Nasdaq: ZSQR) closed its all-stock acquisition of Paradox Data, LLC, gaining an energized computing campus in El Dorado, Arkansas, with an existing 8.0 MW electric service arrangement and a phased target of 150+ MW of AI-ready capacity.

Deal closes with zero cash and no debt financing

Z Squared paid entirely in stock for Paradox Data, LLC, acquired from Paradox Infrastructure LLC, incurring no cash outlay or debt at closing. The transaction hands the company its first owned, energized computing site, the Union County Campus, as it builds out an AI colocation business.

SK keyfoundry Locks Elmos Into Wafer Supply Deal Through 2037

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SK keyfoundry Locks Elmos Into Wafer Supply Deal Through 2037

Seoul – September 13, 2026 -- SK keyfoundry has signed a long-term wafer supply agreement with Elmos Semiconductor SE that guarantees production capacity through 2037, extending an 18-year partnership between the Korean 8-inch foundry and the German automotive chipmaker.

The deal, signed during a ceremony in Frankfurt am Main, shifts the two companies' collaboration from 350nm to 130nm process technology, marking the first major node transition in nearly two decades of cooperation.

New 130nm platform enables deep-trench isolation for high-voltage automotive chips

SK keyfoundry's 130nm technology incorporates deep-trench isolation (DTI), which provides electrical separation and supports highly integrated, high-voltage circuit designs with low substrate current. The foundry positions this capability as the technical basis for a broader range of automotive semiconductor products developed with Elmos going forward.

Carrier Pay Jumps 22.8% in H1 2026 as Hormuz Closure Hits Auto Transport

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Carrier Pay Jumps 22.8% in H1 2026 as Hormuz Closure Hits Auto Transport

Bohemia, N.Y. – September 13, 2026 -- Carrier pay per mile for U.S. car shipping rose 22.8% year over year in the first half of 2026, while the prices consumers paid climbed only 14.6% over the same period, according to a new data report from SGT Auto Transport covering 30 months of shipment records.

The report, The State of Auto Transport 2026, draws on organically acquired shipment data from January 2024 through June 2026, spanning all 49 U.S. states and 1,581 distinct state-to-state lanes in the most recent 12 months. Rate figures are mix-adjusted to a fixed distance profile.

Carrier pay accelerated sharply from March, the month the Strait of Hormuz closed

Carrier pay ran 9.2% above the prior year in January and 11.7% in February, then jumped to 14.9% in March, 32.8% in May and 34.7% in June -- a trajectory the report ties to the Strait of Hormuz closure that same month.