supply_chain

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%.

Century Lithium Files Mine Plan for Nevada's Angel Island Project

Vancouver – September 13, 2026 -- Century Lithium Corp. has submitted its Mine Plan of Operations and Nevada Reclamation Permit Application for the 100%-owned Angel Island lithium project in Esmeralda County, Nevada, starting the federal environmental review clock on one of the largest known sedimentary lithium deposits in the United States.

Company files 5,379-acre plan with U.S. Bureau of Land Management

The Plan of Operations was submitted September 3, 2026, to the BLM's Battle Mountain District, Tonopah Field Office, by wholly owned subsidiary Cypress Holdings (Nevada), Ltd. The document, prepared under 43 CFR Subpart 3809 and Nevada's NAC 519A regulations, will serve as the basis for the BLM's National Environmental Policy Act analysis. The Project Area covers 5,379 acres of BLM-administered public land, with approximately 2,364 acres of proposed disturbance.

Valvoline Global to Acquire Chilean Lubricant Maker Luval

Lexington, Ky. – September 13, 2026 -- Valvoline Global Operations has signed a definitive agreement to acquire Luval S.A., a Chilean manufacturer and distributor of high-performance lubricants, greases, and maintenance products, deepening its footprint in Latin America. Terms of the transaction were not disclosed.

Deal builds on 37-year partnership between the two companies

Valvoline Global and Luval have maintained a commercial relationship spanning 37 years, with Luval serving as the brand's representative in the Chilean market. The acquisition formalizes that relationship by merging Valvoline Global's fluid technology leadership with Luval's local operational and commercial infrastructure.

Sceye's ST1 Stratospheric Platform Completes 30,000km Japan-US Round Trip

Moriarty, New Mexico – September 13, 2026 -- Sceye's ST1 high-altitude platform station has completed a nearly 30,000-kilometer round trip between New Mexico and Japan, re-entering the continental United States on September 4, 2026, and reaching the company's Moriarty headquarters airspace on September 5 for final tests and controlled descent.

ST1 marks Sceye's first flight into Asian airspace under a SoftBank partnership

The month-long mission, conducted with Japanese telecom operator SoftBank Corp. (TOKYO: 9434), represents a commercial milestone for high-altitude platform station (HAPS) deployment. ST1 operated in Japanese airspace for more than seven days, maintaining continuous position over Japan's coast with a station-keeping radius of just 5 kilometers at altitudes between 16.5 and 17 km.

Nauticus Robotics Launches ToolKITT Autonomy Suite for ROV Retrofits

Houston – September 13, 2026 -- Nauticus Robotics, Inc. (NASDAQ: KITT) has commercially released Nauticus ToolKITT, a licensed autonomy software suite that retrofits onto remotely operated vehicles (ROVs) already deployed on live subsea projects, the company confirmed during its most recent earnings call.

Software cuts pilot workload without replacing existing ROV fleets

Nauticus ToolKITT is offered with a Pilot Assist module designed to hold vehicles steady, compensate for currents, and support waypoint navigation while the pilot retains full operational supervision. The system integrates with a vehicle manufacturer's existing OEM control software rather than replacing it, allowing operators to add autonomous functions without purchasing new vehicles.

Brennan Breaks Ground on 210,000 SF Nashville Industrial Project

Whites Creek, Tennessee – September 13, 2026 -- Brennan Investment Group has commenced construction on a 210,000 square-foot, Class A speculative industrial facility on 17 acres in Whites Creek, Tennessee, with completion targeted for the second quarter of 2027.

Site sits eight miles from downtown Nashville with direct interstate access

The property is located less than a half-mile from the Interstate 24 interchange at Old Hickory Boulevard, giving future occupiers access to Nashville's three major interstates. Andrew Mazey, Brennan's Senior Vice President for the Nashville and Atlanta regions, said the location will draw last-mile and regional distribution users, and sits a 30-minute drive from Clarksville, Tennessee, a fast-growing manufacturing market.

Owl AI Wins Pentagon DUTCH Award for Thermal Imaging Tech

Rochester, N.Y. – September 13, 2026 -- Owl Autonomous Imaging, Inc. (Owl AI) has been selected for an award supporting the Pentagon-led Delivering Unmatched Thermal Capability–Hastened (DUTCH) initiative, backed by the Office of the Assistant Secretary of War for Critical Technologies and the U.S. Army Combat Capabilities Development Command (DEVCOM) C5ISR Center.

Owl AI will apply uncooled LWIR semiconductor technology to next-generation defense thermal systems

As a fabless semiconductor company, Owl develops technology across the full thermal imaging chain, from focal plane arrays and digital readout electronics to camera cores and complete thermal camera systems. Under the award, the company will focus on developing and demonstrating next-generation uncooled long-wave infrared (LWIR) thermal capabilities.

Ceva, LG Electronics Combine UWB Tech, Land Major US Chipmaker Client

Rockville, Md. and Seoul, South Korea – September 13, 2026 -- Ceva, Inc. (NASDAQ: CEVA) and LG Electronics have secured a major U.S. semiconductor company as a customer for a jointly developed Ultra-Wideband (UWB) solution, marking commercial validation for the two-company collaboration announced today.

Ceva's baseband IP pairs with LG's RF technology on TSMC's 22nm process

The partnership combines Ceva-Waves UWB baseband and software with UWB radio frequency technology developed by LG's SoC Center, built on TSMC's 22nm process node. The integrated platform targets semiconductor and OEM developers building automotive, industrial and consumer products, aiming to cut engineering effort and integration risk for companies building UWB-enabled SoCs.

Automotive Adhesives Market to Hit $12.36B by 2031 as EV Bonding Demand Grows

Delray Beach, Fla. – September 13, 2026 -- The global automotive adhesives market will expand from $9.27 billion in 2026 to $12.36 billion by 2031, a 5.91% compound annual growth rate, according to MarketsandMarkets. Growth is being driven by lightweighting mandates, electric vehicle production, and manufacturing automation that favor adhesive bonding over traditional mechanical fastening.

Asia Pacific commands 59.3% of global adhesive value as regional vehicle output scales

Asia Pacific dominated the market in 2025 with a 59.3% value share, while Europe ranked second, supported by robotic dispensing and automated curing systems across vehicle plants. Passenger cars accounted for 70.7% of automotive adhesive demand by vehicle type in 2025, with light commercial vehicles holding the second-largest share as fleet operators standardize high-volume production runs.

Canada Nickel Files NI 43-101 Reports for Nesbitt, Deloro Projects

Toronto – September 13, 2026 -- Canada Nickel Company Inc. (TSXV: CNC) (OTCQB: CNIKF) has filed independent NI 43-101 technical reports on SEDAR+ supporting the initial mineral resource estimate for its Nesbitt Nickel Sulphide Project and an updated estimate for the Deloro Nickel Sulphide Project, both located near Timmins, Ontario and 100% owned by the company.

Technical reports confirm resource figures disclosed July 23, 2026

The two reports, issued September 8, 2026, carry mineral resource estimates with an effective date of July 23, 2026, and show no material differences from the figures the company disclosed in its July 23, 2026 news release. The estimates were prepared following CIM Definition Standards for Mineral Resources and Reserves dated November 29, 2019.