Chart Assist, Ask Avo, and AI Scribe are now all part of the MEDITECH Alliance, expanding Avo's AI platform across MEDITECH Expanse

NEW YORK, Sept. 9, 2026 /PRNewswire/ -- Avo, the clinical AI platform that transforms Electronic Health Records into intelligent systems of action, today announced the expansion of its MEDITECH Alliance partnership with the addition of Chart Assist and Ask Avo. MEDITECH health systems now have access to Avo's full clinical AI platform, with AI-powered solutions that improve care quality, revenue, and compliance, supporting clinical decision-making, streamlining documentation, and automating workflows directly within the EHR.

"Healthcare AI should do more than generate a better note. It should support clinicians at the point of care, while a decision can still change," said Joongheum Park , MD, Chief Product & AI Officer at Avo. "By bringing Chart Assist and Ask Avo into the MEDITECH Alliance alongside AI Scribe, we can support not only what is said during the encounter, but the clinical reasoning and decisions around it. We're excited to continue helping MEDITECH hospitals reduce administrative burden, support better clinical decisions, and improve clinician efficiency."

Through this extended MEDITECH Alliance partnership, MEDITECH health systems can now access Avo's three AI-powered solutions.

- Chart Assist: An AI-powered clinical workflow assistant that synthesizes patient charts, identifies care gaps, assesses discharge readiness, and automates documentation across inpatient, ED, and outpatient care.

- Ask Avo: The first context-aware clinical AI assistant that combines live patient information with trusted medical evidence from DynaMed to answer clinical questions, support clinical decision-making, and draft documentation and letters at the point of care.

- AI Scribe: An ambient AI documentation solution that converts patient-provider conversations into structured, reimbursement-ready clinical notes directly within the EHR.

"We're excited to expand our partnership with Avo and welcome Chart Assist and Ask Avo into the MEDITECH Alliance alongside AI Scribe," said Brian Schuller, Director, Business Development at MEDITECH. "Avo continues to expand its clinical AI platform with novel solutions that help hospitals improve workflows, documentation, and clinical decision-making, and we're excited to expose more of those capabilities to MEDITECH health systems through the MEDITECH Alliance."

Across health systems nationwide, Avo has delivered measurable clinical, operational, and financial outcomes, including:

- $11.6M in cost savings across a multinational ambulatory organization

- 35% reduction in note-writing time per patient at a large inpatient hospital

- $7.5M in increased annual reimbursement through clinical documentation improvement at a large academic medical center

- 28% increase in completed outpatient encounters across primary care clinics

- $1.6K uplift per discharge at a large academic medical center

Avo solutions are used by over 35 MEDITECH customers including Berkshire Health Systems, Ozarks Healthcare, Moab Regional Hospital, Deborah Heart and Lung Center, and Pella Regional Health Center.

"Clinicians don't need more technology, they need technology that works together within their existing workflow," said William Gustin, MD, Chief Medical Officer at Moab Regional Hospital. "Avo's solutions have helped us reduce administrative burden while giving clinicians faster access to the information they need. Expanding Avo's platform through the MEDITECH Alliance will make it even easier for hospitals like ours to adopt AI that delivers meaningful value."

About Avo

Avo is the clinical intelligence platform that brings clinical evidence and patient context into the clinician workflow, helping health systems improve quality, revenue, and compliance at the point of care. Integrated with leading EHRs, Avo unifies patient data, trusted clinical knowledge, and health system guidance into AI-powered workflows that help clinicians make more informed care decisions and ensure documentation accurately reflects the complexity of care. By putting clinical evidence to work in real time, Avo helps health systems move beyond retrospective documentation, coding, and revenue cycle processes. Avo partners with more than 60 healthcare organizations, including VCU Health, Marathon Health, MSU Health Care, Emanate Health, NeighborHealth, Mass General Brigham, PM Pediatric Care, Ozarks Healthcare, DynaMed, Pinson & Tang, and Cibolo Health. Learn more at avomd.com.

About MEDITECH

MEDITECH empowers healthcare organizations to expand their vision of what's possible with Expanse, the intelligent EHR. Expanse provides a future-ready foundation for health systems of all sizes, leveraging the power of AI, cloud computing, and advanced interoperability to support world-class care in 28 countries and territories. Boost clinician satisfaction, patient engagement, and organizational efficiency. Visit ehr.meditech.com and follow us on YouTube, LinkedIn, X, Facebook, Instagram, and Threads.

SOURCE AvoMD

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BOSTON, Sept. 9, 2026 /PRNewswire/ -- Clearway Health, a company that partners with hospitals and health systems to plan, build and operate specialty pharmacy programs, announces the growth of its operations capabilities with the appointment of a chief operating officer. Rishi Seth joins the Clearway Health executive leadership team as chief operating officer.

Seth's focus will be on building scalable operations that enable hospital and health systems to expand access to specialty medications, improve patient experiences and deliver better outcomes for the communities they serve.

An accomplished healthcare executive with 20 years of experience building, scaling and transforming healthcare organizations to better serve patients, Seth's leadership spans operations, integration and enterprise transformation. Most recently, he served as senior vice president of integration at Millennium Physician Group, one of the nation's largest independent physician groups, where he led the integration of new provider groups and strategic partnerships. Prior to that, Seth held senior leadership roles at both Optum Health and Privia Health where he focused on multidisciplinary scalability for the organizations. His responsibilities focused on operational integration and optimization, working across clinical operations, finance, technology, human resources, revenue cycle and other enterprise functions.

Throughout his career, Seth has built high-performing teams, strengthened operational performance and scaled healthcare organizations in ways that enable sustainable growth and, ultimately, deliver an exceptional service and experience for patients.

At a time when the specialty pharmacy industry is evolving rapidly, there is an opportunity to rethink how operational excellence can support better experiences and outcomes. Clearway Health remains committed to sustainable growth while delivering a consistently excellent experience to their clients, patients and communities who depend on them.

"Clearway Health's mission to help hospitals and health systems strengthen their operational performance while expanding access to affordable medications—particularly for underserved patients—is a purpose that truly resonates with me," said Rishi Seth, chief operating officer, Clearway Health. "Throughout my career, I have focused on helping healthcare organizations grow and evolve in ways that enable them to better serve patients, making this opportunity a natural fit. I'm honored to join Clearway Health at such an exciting time in specialty pharmacy, and I look forward to contributing to the company's continued expansion and impact."

"We are thrilled to welcome Rishi to our Clearway Health executive leadership team," said Brandon Newman, PharmD, MMHC, CSP, chief executive officer, Clearway Health. "His expertise in expanding and optimizing operations will be invaluable as we continue supporting our hospital and health system partners in expanding medication access and delivering superior patient care."

About Clearway Health

Clearway Health's specialty pharmacy services create sustainable assets and build lasting legacies for hospitals and health systems, providing a service that every patient deserves. Our team began at Boston Medical Center Health System, improving access to care and managing the complex medication needs of vulnerable patient populations. Equipped with this unique experience to solve challenges, Clearway Health partners with other hospitals and health systems to:

- Provide transformative specialty pharmacy services that put patients first.

- Build and strengthen the infrastructure for specialty pharmacy programs by improving operational workflows, implementing clinical programs, hiring and embedding skilled pharmacists and patient liaisons into the clinical team.

- Deliver proprietary software technology.

- Unlock drug access and lead accreditation processes.

- Grow revenue at healthy margins for health systems and reduce costs for patients.

To learn more, visit www.clearwayhealth.com.

SOURCE Clearway Health

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CHINO, Calif., Sept. 9, 2026 /PRNewswire/ -- A newly published study shows that SlimSEB™‡, a new ingredient from Specialty Enzymes & Probiotics, provides compelling scientific evidence for supporting healthy glucose metabolism.

A dual-track research program paired advanced in vitro digestion modeling with a controlled human clinical trial. Across both studies, SlimSEB™ reduced sugar availability and moderated post-meal glucose response, demonstrating targeted metabolic support.

In a double-blind, randomized, placebo-controlled crossover clinical trial, SlimSEB™ supplementation led to a 16.90% reduction in AUC (Area Under the Curve), showing significant improvement in post-prandial glycemic control.

Complementary in vitro analysis using the globally recognized INFOGEST digestion protocol revealed a 34% reduction in the release of simple sugars during digestion, attributable to the conversion of sugars into fiber-like oligosaccharides with prebiotic potential.

"SlimSEB™ helps formulators deliver the precise glucose support consumers need," said Reshma Rathi, Vice President of Specialty Enzymes & Probiotics. "The results are supported by real science, not vague promises."

With its dual-action scientific validation, SlimSEB™ sets a new standard for next-generation glucose support.

‡previously GlucoSEB PB™

About Specialty Enzymes and Probiotics:

Specialty Enzymes & Probiotics is a research-driven manufacturer with more than 45 years of fermentation experience. The company's innovative and scientifically formulated synbiotic, probiotic and enzyme solutions are supported by clinical trials and research studies published in reputable peer-reviewed journals. Specialty's branded products are shown in studies to promote joint, muscle, cardiovascular, immune, gut and digestive health, as well as promote sports nutrition.

Products are manufactured in the company's state-of-the-art, NSF GMP-certified manufacturing facilities, which boast a long list of elite accreditations, including The Non-GMO Project, OK Kosher and ISA Halal. Ingredients and finished products are extensively tested by a third-party ISO-17025-certified laboratory. Specialty Enzymes & Probiotics is a proud member of the International Probiotic Association (IPA) and Council for Responsible Nutrition (CRN).

SOURCE Specialty Enzymes & Probiotics

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Cheche Group Announces Proposed Strategic Investment in Global Residential Energy Storage Business, Advancing Green Mobility to Green Energy Strategy

Proposed strategic investment in Long Way Fortune's residential solar-plus-storage business, with potential to increase ownership over time, supporting Cheche's new "Green Mobility + Green Energy" two-pillar strategy

BEIJING, Sept. 9, 2026 /PRNewswire/ -- Cheche Group Inc. (Nasdaq: CCG) ("Cheche" or the "Company"), a leading auto insurance technology platform, today announced that it has entered into a non-binding term sheet in connection with a proposed strategic investment in Long Way Fortune ("Target"), a residential solar-plus-storage business with operations currently in Australia and Singapore. The term sheet is non-binding and does not obligate Cheche to consummate the proposed investment.

The proposed transaction would mark Cheche's entry into the global residential energy market and advance its new "Green Mobility + Green Energy" strategy, with residential energy storage positioned as a potential new long-term growth engine for Cheche.

"This investment represents an important step in Cheche's potential evolution beyond a technology platform serving the automotive industry toward a broader green energy and mobility platform serving households internationally," said Lei Zhang, Founder and Chief Executive Officer of Cheche Group. "Building on our financing, insurance and mobility capabilities, we see residential energy storage as a significant long-term growth opportunity and a natural extension of our vision for a more integrated, intelligent and increasingly climate-conscious energy ecosystem."

Proposed Strategic Investment

The term sheet contemplates an initial 20% minority investment in the Target with the potential for Cheche to increase its ownership interest in the Target to up to 51% over time, subject to agreed conditions and performance milestones. The transaction will be a stock-for-stock investment in the Target at an overall implied equity value of US$490 million, with Cheche's consideration being stock-linked and subject to a delayed schedule of release over the next few years. Completion of the proposed transaction remains subject to, among other things, satisfactory due diligence, negotiation and execution of definitive agreements, approval by the respective boards and shareholders, if required, and receipt of all applicable regulatory and third-party approvals, including Nasdaq's clearance. Subject to the satisfaction of the foregoing conditions, the Company currently aims to complete the initial investment by December 31, 2026, although there can be no assurance that definitive agreements will be executed or that the proposed transaction will be completed by that date, or at all.

From Green Mobility to Green Energy

Cheche has built deep capabilities, supporting the growth and expansion of Chinese NEV brands, and as China's NEV industry has expanded globally, Cheche has extended these capabilities.

The proposed investment represents the next step in this evolution, expanding Cheche's platform from serving the vehicle to serving the household. If the proposed transaction is completed, Cheche intends to develop its business around two complementary pillars:

- Green Mobility

Financing, insurance and mobility services supporting the global growth of Chinese NEVs and their networks.

- Green Energy

Subject to completion of the proposed transaction, participation in residential solar and energy storage, which Cheche views as a potential second long-term growth engine.

Cheche believes these businesses have significant potential strategic synergies. As households increasingly adopt both electric vehicles and distributed energy, the home can become an integrated energy platform, where solar generates power, storage optimizes it, software manages it, and NEVs consume it.

The Target's residential energy storage business offers integrated solar-plus-storage solutions for households. Its systems combine LFP battery technology, energy management software and multiple layers of safety protection, supported by established manufacturing and local installer networks.

Starting with Australia as its entry market, the Target is expanding internationally by setting up regional branches and distribution networks in Europe and Asia.

Building an Intelligent Home Energy Platform

Cheche's longer-term ambition extends beyond selling batteries or solar systems. It aims to build an intelligent home energy platform connecting generation, storage, energy management and mobility.

AI and data will play an increasingly important role, enabling the platform to forecast household demand, optimize energy flows and improve system economics over time.

If the proposed transaction is completed, the combined platform's potential competitive advantages could be developed around four reinforcing capabilities:

- Local market expertise: Developing and applying market-specific knowledge of grid, regulatory and tariff requirements.

- Engineering: Tight integration of hardware, software and intelligent controls.

- Channel ecosystem: Building relationships with local installers and service partners.

- Data and AI: The potential to develop a growing data foundation that enables increasingly intelligent energy management.

If the proposed transaction is completed and successfully integrated, these capabilities could support Cheche's longer-term objective of expanding beyond financial and mobility services toward a broader platform connecting green energy, mobility and climate-conscious homes.

The term sheet is non-binding, except for certain customary provisions, and the proposed transaction remains subject to negotiation. There can be no assurance that the parties will enter into definitive agreements or that the proposed transaction will be completed on the proposed terms, within the anticipated timeframe or at all.

Safe Harbor Statements

This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements also include, but are not limited to, statements regarding the entry into definitive agreements, the completion of the proposed transaction, the realization of the anticipated synergies from the proposed transaction, the growth potential of the new business initiatives, and the outlook of the relevant industries and geographics, as applicable. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of the Company's management, and are not predictions of actual performance. These statements involve risks, uncertainties, and other factors that may cause the Company's actual results, levels of activity, performance, or achievements to materially differ from those expressed or implied by these forward-looking statements. Further information regarding these and other risks, uncertainties, or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. Although the Company believes that it has a reasonable basis for each forward-looking statement contained in this press release, the Company cautions you that these statements are based on a combination of facts and factors currently known and projections of the future, which are inherently uncertain. The forward-looking statements in this press release represent the views of the Company as of the date of this press release. Subsequent events and developments may cause those views to change. Except as may be required by law, the Company does not undertake any duty to update these forward-looking statements.

About Cheche Group Inc.

Established in 2014 and headquartered in Beijing, China, Cheche is a leading auto insurance technology platform with a nationwide network of around 108 branches licensed to distribute insurance policies across 25 provinces, autonomous regions, and municipalities in China. Capitalizing on its leading position in auto insurance transaction services, Cheche has evolved into a comprehensive, data-driven technology platform that offers a full suite of services and products for digital insurance transactions and insurance SaaS solutions in China. Learn more at https://www.chechegroup.com/en.

About Long Way Fortune

Long Way Fortune is a home energy technology company focused on building an AI-enabled home energy platform for residential users in Australia and, longer term, in Europe and Asia. Long Way Fortune provides integrated household energy solutions designed around the transition from standalone rooftop solar installations to combined solar, energy storage and intelligent energy management systems. Through software, data and intelligent dispatch capabilities, Long Way Fortune aims to improve residential energy-use efficiency and provide safe, reliable and practical home energy solutions for everyday life. Learn more at https://www.energy-lib.com/en.

Cheche Group Inc.:

[email protected]

IR and Media Inquiries:

Crocker Coulson

[email protected]

(646) 652-7185

SOURCE Cheche Group Inc.

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CSC Expands Capabilities with Launch of CrossBite Side Lap Deck Connection Tool

New proprietary tool enables CSC to deliver a complete single-source package of joists,

decks, and high-strength fastening technology

POINT OF ROCKS, Md., Sept. 9, 2026 /PRNewswire/ -- Canam Steel Corporation (CSC), a leading manufacturer of custom engineered steel joists and deck products, today announced the official launch of CrossBite, a proprietary, high-strength, pneumatic side lap connection tool engineered to maximize speed, safety, and structural integrity on steel deck installations.

CrossBite delivers the optimal balance between high-strength performance and everyday job site usability, providing structural consistency without slowing down field crews or requiring bulky machinery. By requiring fewer total connection points compared to screws or welds, the tool enables faster deck installation, drastically reduces jobsite labor costs, and minimizes material waste.

"Our goal with CrossBite is to simplify the joist and deck experience for our partners while elevating safety and performance on the job site," said Michael Martignetti, Chief Commercial Officer of CSC. "CrossBite allows CSC to now offer a deck solution in areas where structures experience high lateral loads and also provides the option of economizing designs to save on the number of connections and/or lighten the deck gage. CrossBite can be used on a variety of CSC roof and floor deck products backed by the support that our customers depend on."

Engineered specifically for steel deck applications where shear and stiffness demands are highest, CrossBite delivers superior diaphragm performance under extreme seismic and lateral wind forces, ensuring a strong, consistent lock at every connection.

Designed around the practical needs of field crews, CrossBite incorporates a dual-direction crimp featuring four symmetrical penetrations that lock deck panels tightly in both directions for a tighter seam. Mobility and ergonomics are prioritized through an integrated rolling wheel that lets workers glide along deck side laps without heavy lifting, paired with a transport handle centered at the tool's natural center of gravity. Safety remains a top focus, with built-in triggers guarding against accidental activation and integrated hard stops limiting over-travel to ensure a consistent connection every time.

"We were able to test out the CrossBite tool and the comfort level stood out immediately," said David Van Horn at AF Steel Fabricators. "You don't have to fight the tool to get a tight connection, and rolling it right along the seam makes it virtually effortless to use. It's a smart addition that makes using CSC deck a no-brainer."

CrossBite is engineered for seamless operation across a broad range of standard interlocking steel deck profiles, including BI, BLI, NI32, NI32-XS, LF2, and LF3. By combining joist fabrication, deck manufacturing, and now a proprietary side lap tool, CSC simplifies jobsite execution while providing localized availability and complete single-source package delivery.

Technical details, code compliance reports including ICC-ES, and additional product specifications will be available soon. To learn more about CrossBite or to request a quote for an upcoming project, visit CSCSteelUSA.com/Contact or call 833-888-0545.

About Canam Steel Corporation:

Canam Steel Corporation (CSC) is a service-oriented manufacturer of open web steel joists, joist girders, steel deck profiles and more. By custom engineering and manufacturing steel building solutions, their team of nationwide experts can turn any complex project into reality. With six manufacturing facilities across the country, CSC is able to serve customers in all 50 states. To learn more, visit cscsteelusa.com.

SOURCE Canam Steel Corporation (CSC)

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WESTMINSTER, Colo., Sept. 9, 2026 /PRNewswire/ -- Ball Corporation (NYSE: BALL) today announced the appointment of Darlene J. Nicosia, Chief Executive Officer of Maker's Pride, and Sherry L. Buck, former Chief Financial Officer of W. L. Gore & Associates, Inc., to its board of directors. Nicosia and Buck are experienced directors who bring to the Board the knowledge, skills and insights gained from distinguished careers in manufacturing, operations and finance.

Nicosia is the CEO of Maker's Pride, a leading U.S. contract packaged food manufacturer. She brings more than 30 years of deep operational experience in the food and beverage industry, gained during her tenure at The Coca-Cola Company, Inc., where she held various leadership roles in general management and operations, including President of Canada and Northeast U.S. and Chief Procurement Officer. She began her career at PepsiCo and Kraft Foods Group, Inc. Nicosia also served on the Board of Directors of Foot Locker, Inc. from 2020 to 2025 and was Chair of the Audit Committee. Nicosia will be appointed to serve on the Nominating/Corporate Governance Committee and Finance Committee.

Buck retired from W. L. Gore & Associates, Inc., a global advanced materials company, in 2025 as Chief Financial Officer, a position she held for five years, and brings extensive financial and industrial experience. Prior to W. L. Gore & Associates, Inc., Buck was Chief Financial Officer of the Waters Corporation from 2017 to 2020 and Chief Financial Officer of Libbey, Inc. from 2012 to 2016. She spent nearly two decades at Whirlpool Corporation where she held various senior finance and operating leadership roles after starting her career at PricewaterhouseCoopers LLP. Buck also serves on the Board of Directors of Lennox International, Inc. and is Chair of the Audit Committee. Buck will be appointed to serve on the Audit Committee and Finance Committee.

"We're thrilled to welcome Darlene and Sherry to our board," said Stuart A. Taylor II, Chairman of the Board of Directors. "They are both proven executives with strong financial expertise grounded in operations. Their combined leadership across global manufacturing, procurement and finance will strengthen the Board's ability to support management as we advance our operational performance and profitable growth priorities."

About Ball Corporation

Ball Corporation (NYSE: BALL) is the global leader in sustainable aluminum packaging solutions, serving a robust portfolio of global customers in the beverage, personal care and household products industries. With 16,000 employees in more than 65 manufacturing plants and facilities worldwide, Ball reported 2025 net sales of $13.16 billion. For more information, visit www.ball.com, or connect with us on LinkedIn or Instagram.

Forward-Looking Statement

This release contains "forward-looking" statements concerning future events and operational performance. Words such as "will," "continue" and similar expressions typically identify forward looking statements, which are generally any statements other than statements of historical fact. Such statements are based on current expectations or views of the future and are subject to risks and uncertainties, which could cause actual results or events to differ materially from those expressed or implied. You should therefore not place undue reliance upon any forward-looking statements, and they should be read in conjunction with, and qualified in their entirety by, these cautionary statements. Ball undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Key factors, risks and uncertainties that could cause actual outcomes and results to be different are summarized in filings with the Securities and Exchange Commission, including in Ball's Form 10-K.

SOURCE Ball Corporation

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CORK, Ireland, Sept. 9, 2026 /PRNewswire/ -- The board of directors of Johnson Controls International plc (NYSE: JCI), a global leader in thermal management, mission-critical building systems, energy efficiency and decarbonization, has approved a regular quarterly dividend of $0.40 per share of common stock, payable on Oct. 16, 2026, to shareholders of record at the close of business on Sept. 21, 2026. Johnson Controls has paid a consecutive dividend since 1887.

About Johnson Controls:

Johnson Controls, a global leader in thermal management, mission-critical building systems, energy efficiency, and decarbonization, helps customers use energy more productively, reduce carbon emissions, and operate with the precision and resilience required in rapidly expanding industries such as data centers, healthcare, pharmaceuticals, advanced manufacturing, and higher education.

For more than 140 years, Johnson Controls has delivered performance where it really matters. Backed by advanced technology, lifecycle services and an industry-leading field organization, we elevate customer performance, turn goals into real-world results and help move society forward.

Visit johnsoncontrols.com for more information and follow @Johnsoncontrols on social platforms.

SOURCE Johnson Controls International plc

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- Oil production hit a study-period high while reserve replacement fell below 100% for the first time since 2021.

- Capital expenditures declined 49% and exploration represented just 3% of total spending in 2025.

- Natural gas reserves reached a five-year high, supported by higher discoveries, exports and rising electricity demand.

HOUSTON, Sept. 9, 2026 /PRNewswire/ -- The US oil and gas industry is increasingly focused on improving the performance of existing assets while maintaining disciplined growth, according to an annual benchmarking study released today by Ernst & Young LLP (EY US). While mergers and acquisitions (M&A) continue to play an important role in shaping portfolios, the findings suggest producers are prioritizing operational performance, capital efficiency and maximizing returns from current assets.

The annual EY US Oil and Gas Reserves and Production Benchmarking Study analyzed five years of performance data from the 30 largest publicly traded exploration and production (E&P) companies based on 2025 year-end US reserves, representing about 43% of combined US oil and gas production. The study captures industry performance during the most recent full calendar year and does not reflect subsequent market impacts associated with the 2026 Strait of Hormuz disruption and related geopolitical developments.

"One of the clearest signals in this year's study is that oil production and reserve replacement are moving in different directions," said Matt Melnar, EY Americas Oil & Gas and Chemicals Assurance Leader. "Reserve replacement metrics alone no longer tell the full story. Producers are engaged in a balancing act between production goals, shareholder returns, and long-term portfolio resilience as they make investment decisions."

Record production masks a shift in how companies are allocating capital

One of the study's most notable findings is the divergence between production and reserve replacement. Oil production reached a study-period high in 2025, yet oil reserve additions from extensions and discoveries declined 11% year over year and failed to fully replace production volumes for the first time since 2021. Combined oil reserves also declined by less than 1%.

The trend raises important questions about how producers balance near-term production performance with long-term reserve renewal and points to an industry becoming more selective in how it allocates capital.

Total capital expenditures fell 49% year over year, while M&A spending declined 70% as the industry moved beyond the recent megadeal cycle. Exploration spending declined 11% to $4.8 billion and represented only 3% of total capital expenditures, underscoring the industry's focus on developing existing assets rather than pursuing frontier opportunities. Despite a 7% increase in revenues, pretax operating results declined 2% as lower commodity realizations compressed margins.

"After years of consolidation and portfolio building, the industry's focus is increasingly shifting toward operational performance," said Regina Balderas, EY-Parthenon Americas Oil & Gas and Chemicals Leader. "The question is less about how much acreage a company owns and more about how effectively it can develop, operate and generate returns from that portfolio."

Natural gas emerges as a key growth story

While oil reserve replacement moderated, natural gas fundamentals strengthened across nearly every measure in the study. Gas production rose 18%, reserves increased 14%, discoveries rose 21%, and reserve revisions turned positive for the first time since 2021.

The study points to growing demand for liquefied natural gas (LNG), rising electricity consumption and the expansion of AI-related infrastructure and data centers as factors supporting long-term natural gas demand.

"As energy security, industrial competitiveness and AI-related infrastructure investment continue to shape energy markets, US natural gas is increasingly positioned at the center of several of the industry's most significant demand trends," said Patrick Jelinek, EY Americas Oil & Gas and Chemicals Leader. "The strength we're seeing in gas reserves, discoveries and revisions suggests producers are recognizing the opportunity and positioning for a future where natural gas plays an increasingly strategic role in the energy system."

About EY

EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets.

Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.

EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multidisciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories.

All in to shape the future with confidence.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com.

Ernst & Young LLP is a client-serving member firm of Ernst & Young Global Limited operating in the US.

About the study

The EY US Oil and Gas Reserves and Production Benchmarking Study analyzes Securities and Exchange Commission (SEC)-reported reserves, production and financial data from the 30 largest publicly traded exploration and production companies, as determined by their 2025 year-end US oil and gas reserves. The study focuses specifically on the companies' US operations and covers the period from 2021 to 2025. Together, these companies represent approximately 43% of total US oil and gas production and serve as a bellwether of industry trends.

In its more than 20-year history, the annual EY benchmarking study has evolved alongside the industry. The study group has narrowed from 50 companies to 40 and now 30, reflecting ongoing consolidation across the US upstream sector, while continuing to represent a significant share of domestic production. The research examines trends in capital allocation, production, reserve replacement, profitability and strategic positioning across the industry.

Media Contact:

Molly Hardy-Knowles

[email protected] 

SOURCE EY

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VANCOUVER, BC, Sept. 9, 2026 /PRNewswire/ -- Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) (Frankfurt: C1Z) ("Century Lithium" or "the Company") is pleased to announce that it has submitted the Mine Plan of Operations ("PoO" or "Plan") and Nevada Reclamation Permit Application for the Company's 100%-owned Angel Island Mine Project ("Angel Island" or the "Project") in Esmeralda County, Nevada, USA. The PoO was submitted on September 3, 2026, to the U.S. Bureau of Land Management ("BLM"), Battle Mountain District, Tonopah Field Office. The PoO is the proposed action for the Project and is the document upon which the BLM will base its environmental analyses under the National Environmental Policy Act ("NEPA"). It was prepared in accordance with BLM surface management regulations at 43 CFR Subpart 3809 and Nevada reclamation regulations at NAC 519A.

"The submission of the Mine Plan of Operations for Angel Island is a substantial milestone for Century Lithium," said Bill Willoughby, President and CEO of Century Lithium. "It defines the Project the BLM will analyze, starts the clock on the environmental review, and reflects multiple years of baseline data collection, engineering, and coordination with the agencies. With the PoO completed, our focus turns to supporting the BLM and the third-party NEPA contractor toward a final Project approval through a Record of Decision."

The PoO describes the mine, the processing plant, and the supporting infrastructure, and defines the process for reclamation of the land when mining is complete, and was submitted by the Company's wholly owned subsidiary, Cypress Holdings (Nevada), Ltd., the operator of record for the Project.

The Angel Island Lithium Project

Angel Island is an advanced-stage, sedimentary lithium project located in Clayton Valley, Esmeralda County, Nevada, approximately six miles east of Silver Peak and 41 road-miles southwest of Tonopah. The Project Area covers 5,379 acres of BLM-administered public land held under federal mining claims. As described in the PoO, the proposed operation would result in approximately 2,364 acres of disturbance.

Key elements of the proposed operation, as set out in the PoO, include (see 2026FS):

- Shallow Surface Mine. Lithium-bearing claystones allow mining in six pit phases with minimal overburden and low strip ratio. No drilling or blasting is anticipated; the ore will be ripped, loaded, and hauled to the processing facility.

- Staged Growth. A two-phase development, with an initial production rate of approximately 8,300 tons per day ("tpd") for the first four years of operation, increasing to a maximum of up to 16,500 tpd in years five through 40.

- On-site Processing to Battery-grade Lithium Carbonate. Processing by agitated tank leaching, solid/liquid separation, Direct Lithium Extraction ("DLE"), and crystallization to produce battery-grade lithium carbonate. The process circuit is closed-loop and designed to operate with recycled water.

- Salt-based Reagents. A chlor-alkali plant will produce hydrochloric acid and sodium hydroxide, both required by the process circuit, with surplus sodium hydroxide to be sold into the open market. Sodium hydroxide is a product of the processing circuit and is not derived from material mined from the Project.

- Support Facilities. Included are two waste rock storage facilities, two low-grade ore stockpiles, a dry-stack tailings storage facility, heavy- and light-vehicle roads, and a warehouse, office, shop, and laboratory.

- Grid Power. 53 MW in Phase 1 and 106 MW in Phase 2 are to be supplied by a transmission-voltage connection, with the Company's preferred route tying into the new Esmeralda substation on the NV Energy Greenlink West corridor.

- Water Supply. Process make-up water is to be obtained under the Company's existing water rights from a well approximately 11 miles south of the Project and delivered to site via a buried 12-inch pipeline on BLM land, for which biological and cultural baseline surveys were completed.

- Workforce. A workforce of approximately 275 full-time personnel is anticipated during operations, with a temporary peak of approximately 450 during construction.

Next Steps and Permitting Schedule

Angel Island is a Transparency Project under the Federal Permitting Improvement Steering Council's FAST-41 program, with the BLM as lead agency. FAST-41 status provides coordinated federal oversight, publicly tracked milestones, and schedule transparency through the Permitting Dashboard for Federal Infrastructure Projects. The Permitting Dashboard currently shows an estimated completion date for environmental review and permitting of February 4, 2028. As with any federal schedule, the timetable may be adjusted as the review proceeds, and updates are posted on the Permitting Dashboard.

With the PoO submitted, the BLM will complete a 30-day regulatory review of the Plan for completeness and adequacy. Once the Plan is deemed complete, the third-party NEPA contractor will begin environmental analysis of the Project and will develop the Supplemental Information Report ("SIR") and the Supplemental Environmental Reports ("SERs") to support the NEPA document. Once the SIR and SERs are completed, the Administrative Environmental Impact Statement ("EIS") can be prepared, after which the BLM is expected to publish a Notice of Intent in the Federal Register and initiate public scoping, ultimately leading to a Record of Decision ("ROD"). The anticipated sequence of milestones is summarized below.

In parallel with the federal process, the Company continues to advance state and local permitting in Nevada and prepare the Water Pollution Control Permit application package, which includes detailed engineering of Project components and facilities. Ongoing metallurgical test work continues in support of the Angel Island flowsheet, including definition of supporting project infrastructure, including power and water delivery.

Qualified Person

The scientific and technical information in this news release was reviewed and approved by William Willoughby, PhD, PE, President and Chief Executive Officer of Century Lithium Corp., who is a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

ABOUT CENTURY LITHIUM CORP.

Century Lithium Corp. is an advanced-stage lithium development company focused on its 100%-owned Angel Island lithium project in Esmeralda County, Nevada. Angel Island hosts one of the largest known sedimentary lithium deposits in the United States and is designed with an integrated, end-to-end process for the on-site production of battery-grade lithium carbonate to support the electric vehicle and battery storage markets.

The Company has developed a patent-pending process that incorporates hydrochloric acid leaching combined with direct lithium extraction to produce battery-grade lithium carbonate. As part of the integrated chlor-alkali process, Angel Island is designed to produce sodium hydroxide as a co-product, with planned surplus sales expected to lower operating costs, reduce reliance on externally sourced reagents, and minimize environmental impacts.

Century Lithium is currently advancing Angel Island through the permitting process.

All inferences to mining, processing and economics for Angel Island herein are from the Updated NI 43-101 Technical Report on the Feasibility of the Clayton Valley Lithium Project, Esmeralda County, Nevada, USA, January 3, 2026 ("2026FS"), which is available on SEDAR+ and the Company's website.

Century Lithium trades on the TSX Venture Exchange under the symbol "LCE" the OTCQX under the symbol "CYDVF" and on the Frankfurt Stock Exchange under the symbol "C1Z".

To learn more, please visit centurylithium.com.

ON BEHALF OF CENTURY LITHIUM CORP.

WILLIAM WILLOUGHBY, PhD., PE

President & Chief Executive Officer

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

Cautionary Note Regarding Forward-Looking Statements

This release contains certain forward-looking statements within the meaning of applicable Canadian securities legislation. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" and similar expressions suggesting future outcomes or statements regarding an outlook.

Forward-looking statements relate to any matters that are not historical facts and statements of our beliefs, intentions and expectations about developments, results and events which will or may occur in the future, without limitation, statements with respect to the potential development and value of the Project and benefits associated therewith, statements with respect to the expected project economics for the Project, such as estimates of life of mine, lithium prices, production and recoveries, capital and operating costs, IRR, NPV and cash flows, any projections outlined in the Feasibility Study in respect of the Project, the permitting status of the Project and the Company's future development plans.

These and other forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause their actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein. These risks include those described under the heading "Risk Factors" in the Company's most recent annual information form and its other public filings, copies of which can be under the Company's profile at www.sedarplus.ca.

AUSTIN, Texas, Sept. 9, 2026 /PRNewswire/ -- La Luce Cristallina today launched its 0.5-micrometer (µm) silicon-based quantum paraelectric strontium titanate on insulator (QP-STOI) wafer platform, enabling researchers and national laboratories to leverage STO's low-temperature quantum paraelectric properties for next-generation devices. Built on a thick layer of silicon dioxide (SiO₂), the bulk-like, highly insulating STO layer is 100 times thicker than conventional STO buffer layers used for epitaxial growth on Si, with its highly insulating nature enabling organizations to use STO's extreme voltage-tunable dielectric behavior at cryogenic temperatures.

At cryogenic temperatures, STO enters a quantum paraelectric state in which its dielectric properties become highly responsive to applied electric fields. This enhanced tunability allows researchers to precisely control electrical behavior, supporting applications such as parametric amplifiers for qubit readout, tunable microwave components and future electro-optic components. The platform also offers tunable piezoelectric properties, providing a foundation for future research into electrically controlled actuators, precision sensors and other advanced electromechanical devices.

La Luce Cristallina's STO wafer platform is CMOS- and foundry-compatible, allowing for integration into established semiconductor manufacturing workflows. The solution is currently available in 2-inch wafer size for customers and expected to scale to 200 millimeters early next year. The launch comes as governments and research organizations accelerate investment in quantum and cryogenic technologies. The U.S. Department of Commerce recently announced more than $2 billion in planned investments across nine quantum companies to accelerate domestic quantum manufacturing. Additionally, NIST launched a new Quantum Manufacturing Engineering Center to advance scalable quantum components and manufacturing technologies.

"Our new strontium titanate wafer provides a highly tunable materials platform for researchers developing quantum and cryogenic devices, helping to support increased market interest in emerging use cases," said Alex Demkov, CEO of La Luce Cristallina. "By combining quantum paraelectric behavior with foundry-compatible manufacturing, we're making it easier for researchers and device developers to explore new architectures for quantum sensing, qubit readout and related applications."

About La Luce Cristallina

La Luce Cristallina (LC) is a manufacturer of silicon-integrated, high-performance materials for silicon photonics, focused on barium titanate (BaTiO₃)-based platforms enabling electro-optic modulators for next-generation optical interconnects. The company's technology supports high-speed, low-power data transmission across AI infrastructure, cloud data centers and telecommunications networks. By advancing CMOS-compatible BaTiO₃ materials, La Luce Cristallina is driving the transition beyond traditional silicon toward more scalable, energy-efficient photonic solutions that support accelerating datacom and network infrastructure demands.

La Luce Cristallina Contact

Rowshanak Irani

+1 737 781 0325

[email protected] 

Media Contact

Jeannette Bitz, Engage PR

+1 510 295 4972

[email protected] 

SOURCE La Luce Cristallina

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