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Houston-based Alpha Energy forms Alpha Energy International to acquire and modernise mature oil fields; Tennor provides $500 million funding facility

HOUSTON, US – Media OutReach Newswire – 2 October 2026 – Alpha Energy, the Houston-based oil and gas upstream company, has formed Alpha Energy International to lead its expansion outside the United States and has sold a 65% stake in the new company to Tennor Global LLC.

Tennor has agreed to arrange Alpha Energy International with a $500 million funding facility, allowing the venture to move quickly on acquisitions in selected countries, including Venezuela. Alpha Energy International will be responsible for all of Alpha Energy’s future activities and investments outside the USA.

The new company will initially target mature producing fields and difficult-to-recover reserves. Alpha’s leadership team will develop the assets and run operations, while Tennor, as majority shareholder, will support the venture through its network of relationships in the target countries.

Lars Windhorst, Founder of Tennor Global, said: “Alpha’s team has a rare track record of turning around mature fields at scale, and we believe that expertise is exactly what many producing countries need today. Tennor’s role is to open doors and provide the capital to move quickly. Together, we intend to build an international oil company focused on getting more from existing fields, working in partnership with host governments and national oil companies.”

Thomas Reed, CEO of Alpha Energy International and founder of Alpha Energy, said: “The combination of Alpha’s technical and operating expertise with Tennor’s financial support and deep knowledge of key international markets provides the basis for a new type of international oil company.

“Our strategy is simple. More oil remains in existing conventional fields than has ever been produced, and since the late 1980s, improvements in technology and engineering have added more recoverable barrels from existing fields than the industry’s total greenfield exploration success. Alpha is on a mission to acquire and modernise these legacy fields. Better recovery of the world’s existing oil and gas resources is Alpha’s fundamental value proposition, and with Tennor we have the reach and resources to act.”

A team built on the Yukos turnaround

Alpha Energy has a thirty-year history of conventional reservoir development and operations across more than sixty fields, primarily on the US Gulf Coast and the shallow-water shelf of the Gulf of America. Its principals have also operated at scale internationally. The company’s COO spent more than a decade in Venezuela, including operatorship of a producing joint venture on Lake Maracaibo at over 100,000 barrels of oil per day.

Mr Reed, who will run Alpha Energy International from Houston, has 35 years of oil and gas experience with Yukos, RusPetro, JKX and Texas Petroleum Investment Company. The COO has 35 years of operations experience with Yukos and Gazprom, among others, most recently with the Venezuelan joint venture. Chris Hopkinson, CTO, has 38 years in the upstream business, including senior positions at Shell, Yukos, BG Group and KazMunayGas.

All three built Alpha’s proprietary Alpha Technical Center on their experience at Yukos, where the same performance engineering techniques added nearly one million barrels per day of production in four years with a net reduction in the total well count. The Technical Center covers subsurface evaluation, reservoir engineering, well design and facilities design.

Alpha Energy International will recover production by optimising asset performance from the wells up, using a value-driven technical limit approach and current technologies. The company works alongside national oil companies, training and handing over to local engineers as it goes.

Hashtag: #AlphaEnergy

The issuer is solely responsible for the content of this announcement.

About Alpha Energy

Alpha Energy is a Houston, Texas based oil and gas upstream company specialising in conventional reservoir development and operations. Over thirty years it has operated in more than sixty fields, primarily on the US Gulf Coast and the shallow-water shelf of the Gulf of America. Alpha Energy International, its majority-owned international arm, is responsible for all of the company’s activities and investments outside the USA.

About Tennor Global

Tennor Global is a holding and private equity company focused on energy, energy technology and artificial intelligence. It takes majority and minority stakes in public and private companies and invests in public and private debt, targeting special situations where its entrepreneurial approach and sector expertise can create value quickly. Its diversified portfolio also spans technology, industrials, natural resources, media, entertainment and sports, retail and real estate.

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SHANGHAI, CHINA – Media OutReach Newswire – 29 September 2026 – From October 12 to 15, 2026, the 2026 International Brew & Beverage Processing Technology and Equipment Exhibition for China (CBB 2026) — the benchmark full-industry-chain exhibition for the liquid food sector in the Asia-Pacific region — will open at the Shanghai New International Expo Centre (SNIEC). With the final countdown underway, this biennial industry event is sending a rallying call to the global liquid food community on an unprecedented scale.

The next decade of the liquid food industry is beginning here — ahead of time.
The next decade of the liquid food industry is beginning here — ahead of time.

Guided by the themes of innovation, intelligence, sustainability and high-end development, and committed to “building a new platform for upgrading the entire liquid food industry chain while writing a new chapter of high-quality development,” CBB 2026 will bring together leading enterprises from every segment: baijiu (Chinese spirits), beer, beverages, dairy, condiments and packaging equipment. More than 900 exhibitors from China and abroad will make a joint appearance, and over 60,000 professional visitors from around the world are expected to attend for business discussions, across an exhibition area exceeding 100,000 square meters.

After more than three decades of development, CBB has long been more than a trade fair. It continuously connects the entire chain — from raw materials, brewing and filling to packaging and digital smart manufacturing — creating an integrated industry platform for business matching, technical exchange and innovation. Step into CBB and you will see an exhibition; look closer and you will read the present and the future of an entire industry chain.

01 Leading Enterprises from Every Segment — One Show for the Entire Industry Chain

This year’s exhibitor lineup can truly be described as a full mobilization of the industry chain.

From upstream raw and auxiliary materials, brewing and processing, to midstream filling, packaging equipment and production line integration, and on to downstream labeling and coding, smart warehousing and digital solutions — leading enterprises from every segment, including baijiu, beer, beverages, dairy and condiments, will take the stage together, forming a complete map of the industry.

Whether you are sourcing turnkey production lines or comparing individual machines, whether you focus on a single process or evaluate complete smart-manufacturing solutions, you will find your answer at this show.

02 Four Highlights: Unlocking the 2026 Trends of the Liquid Food Industry

Closely aligned with industry development trends, this edition focuses on four main themes — internationalization, localization, intelligentization and green development — bringing together cutting-edge technologies and innovations from around the world to present a clear picture of where the industry is heading.

Highlight 1 | Global Giants Gather as Frontier Technologies Take the Stage

The international zone boasts a stellar lineup: world-renowned brands including BarthHaas, Fermentis, Krones, HEUFT, CIMC Enric, SACMI, ifm, Endress+Hauser, SEW-Eurodrive, Alfa Laval and Grundfos will all be present, covering core supporting technologies that range from hops, raw and auxiliary materials and pre-treatment processes to filling and packaging equipment and integration, end-of-line packaging and conveying, smart factory solutions and water treatment — spanning the entire liquid food production and packaging chain. A number of brand-new machines and solutions will make their on-site debuts, showcasing the latest achievements in smart manufacturing and green sustainability for the liquid food industry.

Highlight 2 | Chinese Smart Manufacturing Breaks Through as Homegrown Equipment Goes Global

Leading Chinese liquid food equipment manufacturers — Tech-Long, Newamstar, Lehui, Zhongya, Zhongchen, SUNRISE, Hermann and Talos — will exhibit in force, showcasing independently developed core equipment and technologies such as high-speed filling, aseptic packaging, intelligent inspection and integrated smart production, covering the entire production process from raw material pre-treatment, brewing and processing to filling and sealing, labeling and coding, and smart warehousing. These achievements not only help small and medium-sized food producers cut costs, boost efficiency and optimize their production systems, but will also accelerate the expansion of Chinese high-end equipment into global markets.

Highlight 3 | Smart Upgrading Across All Scenarios: Building a New Ecosystem of Digital Production

Digital transformation is one of the defining features of this edition, addressing smart-upgrading needs across the entire liquid food industry chain. From automated and intelligent production scheduling, predictive maintenance and big-data quality control throughout the process, to complete digital-twin factory solutions, every scenario is covered. Core intelligent equipment — including smart sensors, automated control systems and unmanned sorting machines — will be on display, helping the industry move from traditional manual control toward fully digital, intelligent and unmanned production.

Highlight 4 | Green and Low-Carbon Empowerment: Sustainable Production Solutions That Deliver

Aligned with global dual-carbon strategies and the industry’s low-carbon transition, exhibitors will launch a range of low-carbon technologies and equipment, including energy-efficient filling machines, circulating water treatment technologies, equipment for biodegradable packaging, and waste heat recovery systems. While optimizing production costs and efficiency, these solutions comprehensively support energy conservation and emission reduction, offering practical, full-coverage green production solutions for producers of alcoholic drinks, beverages, water, dairy products, condiments and other liquid foods — and helping the industry build a sustainable future.

03 More Than Ten High-Level Forums: Decoding the Trends Shaping the Industry

More than ten high-quality concurrent events will be held during the show, bringing together authoritative industry experts, chief engineers of leading enterprises and industry leaders for in-depth discussions on segment trends, technological innovation and industrial transformation.

04 Why Attend? Three Audiences, Three Answers

  • If you are a business owner or procurement decision-maker: compare leading solutions from across the industry chain in one place, connect with quality suppliers, and identify practical paths to lower costs, higher efficiency and transformation.
  • If you are an engineer or part of a production technology team: experience live demonstrations of cutting-edge equipment, meet manufacturers’ technical experts face to face, and be among the first to grasp the trends in smart manufacturing and green, low-carbon technologies.
  • If you are an industry observer or investor: read the next three to five years of the liquid food industry through the exhibitor lineup, technology directions and forum topics.

05 See You in Shanghai This October

A biennial rendezvous — and a shared point on the calendar for the entire industry.

From October 12 to 15, 2026, CBB 2026 looks forward to welcoming you at the Shanghai New International Expo Centre. For more information, please visit www.chinabrew-beverage.com.

Hashtag: #CBB2026

The issuer is solely responsible for the content of this announcement.

Model Context Protocol servers are opening significant gaps in enterprise security governance as artificial intelligence agents connect to infrastructure beyond established corporate controls, new research examining more than 15,000 published servers has found. OX Security analysed 15,465 MCP servers and 5,095 unique hostnames, finding that 15.6% of the hostnames resolved to infrastructure outside the United States. The researchers identified 19 in China and 18 in Russia, raising […]

Africa should build artificial intelligence around problems faced by its communities rather than import technological priorities designed elsewhere, a member of a United Nations-backed scientific panel has said. Girmaw Abebe Tadesse, a member of the Independent International Scientific Panel on Artificial Intelligence and head of Microsoft’s AI for Good Lab in Kenya, said countries should identify the challenges they want to address before deciding what technology, infrastructure […]

Kiteworks has withdrawn its broad precautionary shutdown recommendation for most customers after an emergency security review isolated a critical vulnerability to its Advanced Forms product, while installations using that feature were advised to remain offline pending a fix. The secure file-transfer and private-data communications company had asked customers worldwide to take systems offline during a weekend window after receiving what it described as credible intelligence from federal […]

Global government bond yields ended a turbulent week near multi-decade highs after a sharp sell-off pushed borrowing costs in the United States and Japan to levels unseen since before the global financial crisis.

The US 10-year Treasury yield eased to about 5.16% on Friday after touching 5.2297%, its highest level since 2007. The 30-year yield climbed as high as 5.5319%, a level last recorded in 2004, before retreating as falling oil prices offered bond markets some relief.

Japan experienced an equally striking move. The benchmark 10-year Japanese government bond yield reached 3.121% on Friday, its highest since 1996, extending a rise that has challenged assumptions about the pace at which the country can adjust to higher borrowing costs after decades of exceptionally loose monetary policy.

The surge came despite the Bank of Japan raising its policy rate this month. The central bank lifted the overnight call-rate target to around 1.25%, with the new setting taking effect from September 24, as policymakers continued withdrawing monetary accommodation amid persistent inflation pressures.

Bond prices move inversely to yields, meaning the sharp rise reflected heavy selling by investors. The moves have increased financing costs for governments and businesses and strengthened the transmission of tighter monetary policy into mortgages, corporate debt and other forms of credit.

Pressure has spread across major developed markets rather than remaining concentrated in the United States. Five of the Group of 10’s leading central banks raised rates during September, while others signalled possible further tightening or warned that inflation risks remained elevated. That broad shift has forced investors to reassess expectations that borrowing costs would decline quickly.

Energy prices have been an important driver. Oil’s advance during the Middle East conflict revived fears that higher fuel and transport costs would feed into broader inflation, reducing the appeal of fixed-income securities and increasing expectations that central banks may have to keep policy restrictive for longer.

Some of that pressure eased on Friday as oil prices fell roughly 3% amid hopes of progress towards a US-Iran truce. The retreat helped stabilise Treasuries and encouraged modest declines in some yields, but it did not erase the week’s dramatic repricing.

The scale of the turbulence was reflected in the ICE BofA MOVE Index, a widely followed gauge of US bond-market volatility, which jumped roughly 30% over the week, its biggest weekly increase since the tariff-related market turmoil of April 2025.

Federal Reserve policy expectations have also shifted. Markets have increasingly priced the possibility of further rate increases as policymakers confront inflation risks linked to energy costs and an economy that has remained resilient enough to complicate hopes for easier monetary conditions.

The Federal Reserve raised its target range by 25 basis points this month to 3.75%-4.00%. The combination of tighter policy expectations and persistent inflation concerns has pushed yields higher across the Treasury curve, increasing the government’s cost of refinancing debt and lifting benchmark rates used throughout global markets.

Japan presents a different but connected challenge. Rising domestic yields are changing the economics for investors accustomed to negligible returns at home. Higher Japanese yields can make domestic bonds more attractive relative to overseas assets, potentially affecting international capital flows at a time when US and European governments face substantial financing requirements.

The yen strengthened against the dollar on Friday as yields eased from their peaks, with the US currency falling to around 157.22 yen. Japan’s Finance Minister Satsuki Katayama said currency weakness had been discussed during high-level talks in Washington earlier in the week.

Equity markets nevertheless remained comparatively resilient. US shares advanced on Friday, supported by renewed enthusiasm around artificial intelligence companies, while the broader global equity index also rose. That divergence underscored how investors were separating strong corporate themes from the pressure building in sovereign debt markets.

European bonds have faced similar strains as investors weigh inflation alongside fiscal risks. Earlier in the week, benchmark 10-year yields in Germany, France and Britain remained elevated, while France’s borrowing premium over Germany widened amid concern about its budget outlook.

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA