Core Viewpoint - Turkey opposes Greece's unilateral activities in hydrocarbon fields south of Crete, claiming these actions violate international law and good neighborly relations [1] Group 1 - Turkey's opposition is directed towards a consortium led by U.S. oil major Chevron [1] - The activities in question are related to hydrocarbon exploration and extraction [1]

Economic Environment - Inflation in Australia is growing at approximately double the rate of economic growth, creating pressure on households and contributing to inflationary pressures in housing and energy markets [1] Company Strategy - The company is recognized for its everyday low prices in Australia and New Zealand, which helps maintain customer trust during challenging economic times [2][3] - A focus on productivity and expanding addressable markets through new product categories is central to the company's strategy [2] Partnerships and Technology - The company has formed strategic partnerships with Google Cloud and Microsoft to enhance operational efficiency and productivity through technology [5] - Initiatives include improving customer service and team member effectiveness in stores, as well as enhancing merchandising and supply chain processes [6] Lithium Business - The company's lithium project is progressing well, with the mine and concentrator performing effectively, and expectations for increased profitability in the second half of the year [9][10] - The company aims to become a reliable supplier of lithium hydroxide, despite some delays in the refinery commissioning process [10] Financial Management - The company maintains a strong balance sheet to ensure financial flexibility for future investments and potential M&A opportunities [11] - There is a commitment to disciplined capital investment, focusing on value-adding opportunities for shareholders [13] Growth Opportunities - The company anticipates continued positive earnings momentum in its retail businesses, with growth expected in Bunnings, Office Works, and Kmart [15] - Future growth is also expected in the lithium business, chemical manufacturing capacity, and the health division, with a well-positioned balance sheet for new opportunities [16][17]

Core Viewpoint - Maurel & Prom has been authorized by the U.S. to expand its operations in Venezuela, marking a significant step towards resuming oil exports after a halt due to previous sanctions [1]. Group 1: Company Operations - Maurel & Prom's teams in Venezuela are fully mobilized and prepared for the next phases of development following the U.S. authorization [1]. - The company had previously halted exports from Venezuela in the second quarter of last year due to the suspension of its license by the U.S. government [1]. - The CEO of Maurel & Prom stated that the clarity provided by the new general license will enable the company to operate with confidence in Venezuela [1]. Group 2: Regulatory Environment - The U.S. Treasury Department issued a new general license that includes Maurel & Prom among other companies authorized to operate in Venezuela [1]. - The updated regulatory framework is expected to stabilize Maurel & Prom's activities in the region [1]. Group 3: Market Response - Following the news of the U.S. authorization, shares of Maurel & Prom increased by 6% in early trading in Paris [1]. - The company has submitted a new license application to the U.S. Office of Foreign Assets Control (OFAC) to fully resume its operations in Venezuela [1]. Group 4: Resource Potential - Maurel & Prom reported a significant increase in identified reserves in Venezuela, with studies confirming the potential of previously unproven zones [1].

India's Bharat Petroleum, HPCL Mittal buy Venezuelan oil, sources say | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]A Bharat Petroleum fuel station is pictured in Gurugram, India, June 4, 2025. REUTERS/Priyanshu Singh [Purchase Licensing Rights, opens new tab]- Companies[Bharat Petroleum Corporation Ltd]Follow[Hpcl-Mittal Energy Limited]Follow[Hindustan Petroleum Corp Ltd]FollowShow more companiesNEW YORK/NEW DELHI, Feb 18 (Reute ...

Industry Overview - The oil industry is characterized as a long-term business, with significant time required from the initial discovery of oil to its market availability [1] - Oil and natural gas are noted as highly political commodities, with recent geopolitical developments affecting market dynamics [2] Company Analysis: Chevron - Chevron received an upgrade from Melius Research, with a new target price of $205, representing a 13.5% increase from its previous closing price of $180.55 [3] - Chevron shares have increased by 18.5% year-to-date, driven by higher oil prices, with West Texas Intermediate crude up 2.4% to $62.33 per barrel and Brent crude up 10.8% to $57.42 [4] - Melius Research highlighted four key factors for Chevron's upgrade: 1. A management reshuffle aimed at prioritizing younger leaders to drive growth 2. Integration of assets from the $55 billion merger with Hess Corp in the Permian Basin 3. New exploration opportunities in Libya, Iraq, and shale prospects in Argentina, including a lease agreement with Greece for exploration [5] 4. Chevron's unique position as the only major U.S. company operating in Venezuela, with current production of 250,000 barrels per day expected to double by 2030 [5]

Core Insights - The article highlights three companies with strong cash flow, dividends, value, and growth potential: Coca-Cola, Chevron, and McDonald's [1] Coca-Cola (KO) - Coca-Cola reported a 12% year-over-year revenue growth to $11.2 billion, with 10% of this growth attributed to organic sales volume [1] - The company maintains impressive operating margins around 33% and has a forward P/E ratio of 22, indicating potential for further appreciation [1] - Coca-Cola's strong brand recognition globally contributes to its consistent cash flows and growth [1] Chevron (CVX) - Chevron experienced a 12% revenue growth in the last quarter, with an EPS of $1.52 that exceeded estimates by over 5% [1] - The company has demonstrated resilience in maintaining margins despite fluctuations in commodity prices [1] - Chevron offers a dividend yield of over 4% and has a history of buybacks and dividend increases, making it attractive for long-term investors [1] McDonald's (MCD) - McDonald's achieved a 7% system-wide sales growth, driven by digital initiatives and menu innovation [1] - The company's strong global brand presence has allowed it to maintain market share and expand margins [1] - Despite a lower dividend yield compared to the other companies mentioned, McDonald's continues to raise its dividend due to increased cash flows [1]

1,073,658-$3.013.28%$88.85[Allstate][ALL]• Vol: 624,567-$6.212.92%$206.11 over six decades, Warren Buffett has transformed Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) from a struggling…]## Wednesday Is Warren Buffett's Last Day. Is Berkshire Hathaway a Buy Without Him? [Rich Duprey | Dec 29, 2025 at 12:03 PM EST Warren Buffett's extraordinary six-decade tenure as CEO of Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) comes to a close on Wednesday. The 95-year-old legendary…]## Warren Buffett Is About to Retire. ...

book "Oro Rojo" about Venezuela's troubled state-run company PDVSA and Mom to three boys.## Read Nextago [Energycategory][Oil gains 3% as Russia-Ukraine talks abruptly end, Iran-US tensions support]ago [Energycategory][Exclusive: Libya brings in Western traders in blow to Russian fuel flows]ago [Sustainabilitycategory][Global Energy Alliance seeking to raise $100 million by 2028 to digitise India's electric grids, CEO says]ago [Energycategory][Santos to cut 10% of jobs, review portfolio; shares slip on prof ...

Emerson Electric (NYSE:EMR) 2026 Conference February 18, 2026 08:50 AM ET Company ParticipantsLal Karsanbhai - President and CEOMichael Baughman - EVP and CFOModeratorWe're gonna get started again. We are really excited to have Emerson with us today. We've got Lal Karsanbhai, who's the President and CEO of Emerson, and Mike Baughman, who is the CFO. Lal, as I walk over to you, it's been a year since you closed the acquisition of the remaining shares of AspenTech, almost a year. And I know you had a vision, ...

As the technology sector stumbled in early 2026, American and international oil giants emerged as market leaders, helping keep the S&P 500 roughly flat year-to-date (YTD).S&P 500 stock market index YTD chart. Source: GoogleSpecifically, while the index itself is down 0.22% and big tech firms such as Microsoft (NASDAQ: MSFT) and Nvidia (NASDAQ: NVDA) fell 16% and 2% YTD, firms like Chevron (NYSE: CVX) and Occidental Petroleum (NYSE: OXY) are flying high, having gained 20% and 13%.CVX and OXY stock YTD price ...