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Permex Petroleum Announces Receipt of Notice of Default from Debentureholders and Failure to File Annual Audited Financial Statements
TMX Newsfile· 2026-01-31 00:12
Core Points - Permex Petroleum Corporation has received a Notice of Default from holders of its secured convertible debentures, which have an aggregate principal of $4,276,389 and an interest rate of 10% per annum [1][2] - The Company failed to make any payments on the Debentures by the due date of November 2, 2025, and has been demanded to pay all outstanding indebtedness by February 18, 2026, or face potential repossession of collateral [2] - Permex has not filed its audited annual financial statements for the year ended September 30, 2025, by the regulatory deadline of January 28, 2026 [3]
“AI+元工厂”驱动创新生产 中控技术携手中石油全面加速聚乙烯工艺研发
Xin Lang Cai Jing· 2026-01-16 03:04
近日,由中控技术携手中国石油化工研究院打造的聚乙烯装置智能化虚拟工厂建设项目在大庆化工研究 中心顺利完成中交。项目建设任务按计划圆满落地,工程质量、安全与进度全程受控,正式从工程建设 阶段转入系统联调联试和试运行阶段,标志着"AI+元工厂"技术在石化高端材料研发领域实现重要突 破,为中石油"数智石油"建设注入强劲动力。(科创板日报) ...
Norwegian Continental Shelf sees record exploration in 2025
Yahoo Finance· 2026-01-08 15:20
Exploration Achievements - The year 2025 was marked by significant offshore exploration in Norway, achieving the second-highest exploration levels in a decade, surpassed only by 2021 [1][2] - Notable discoveries were made possible through advanced technology, including the drilling of over 10km of wellbores [1] Production Levels - Oil production in 2025 reached 106 million standard cubic metres (mscm), the highest since 2009, with production from the Norwegian Continental Shelf (NCS) being nearly balanced between oil and gas [3] - A total of 120 billion standard cubic metres was sold, slightly below the previous year's record [3] Future Projections - Gas production is expected to remain stable over the next three to four years, with Norwegian gas accounting for approximately 30% of EU gas consumption, making Norway the largest supplier in Europe following the reduction of Russian gas [4] - Projected investments for 2026 are estimated at Nkr256 billion, reflecting a 6.5% decrease from the previous year, with a gradual reduction in investment levels anticipated towards 2030 due to the completion of current projects [4] Industry Challenges - A decline in overall production is expected by the late 2020s, highlighting the necessity for new field developments and sustained exploration activity [5] - Without continued investment, significant dismantling within the petroleum industry could occur [5] Environmental Initiatives - The year 2025 also saw the establishment of the world's first comprehensive value chain for carbon capture and storage, indicating a growing interest in secure CO₂ storage on the NCS [5] - The Directorate has been involved in mapping mineral resources and assessing environmental conditions in areas of interest [6]
Renegotiations of Collective Bargaining Agreement
Prnewswire· 2026-01-07 22:53
Core Viewpoint - Ecopetrol S.A. is currently engaged in the renegotiation of its Collective Bargaining Agreement with various labor organizations, indicating a proactive approach to labor relations and commitment to dialogue [1][2]. Group 1: Company Overview - Ecopetrol is the largest company in Colombia and a major integrated energy company in the Americas, employing over 19,000 individuals [3]. - The company is responsible for more than 60% of Colombia's hydrocarbon production and holds leading positions in petrochemicals and gas distribution [3]. - Ecopetrol has expanded its operations through the acquisition of 51.4% of ISA's shares, which enhances its involvement in energy transmission and other sectors [3]. Group 2: Labor Relations - Several labor organizations, including Adeco, Sindispetrol, and others, have initiated the renegotiation of their respective chapters of the Collective Bargaining Agreement by filing complaints with the Ministry of Labor [1]. - The Colombian Labor Code allows parties to request amendments to collective bargaining agreements through such complaints, emphasizing the legal framework governing these negotiations [2]. - Ecopetrol has reaffirmed its commitment to maintaining open and constructive dialogue as a foundation for reaching agreements that benefit workers and the country [2].
Wed: Elbit continues strong gains
En.Globes.Co.Il· 2026-01-07 17:04
The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.01% to 3,845.78 points - a new record, the Tel Aviv 125 Index rose 0.08% to 3,893.87 points; and the BlueTech Global Index rose 0.65% to 679.69 points. The All Bond corporate bond index rose 0.11% to 424.49 points. Turnover totalled NIS 5.41 billion in equities and NIS 4.99 billion in bonds. On the foreign exchange market, the representative shekel-dollar rate was set 0.348% higher from Tuesday, at NIS 3.175/$, and the representative she ...
Cheaper Heavy Crude Might Come For Marathon Petroleum Corporation
Seeking Alpha· 2026-01-06 15:04
Several energy related companies experienced significant gains at the open and during the first full trading day of 2026. The market included Marathon Petroleum Corporation ( MPC ). News after the close on Friday, from theI have been an investor for several decades enduring the 87 crash, 2000 crash, and 08 crash. I do use trading systems developed with TradeStation. I have enjoyed the rewards from both buy and hold and trading. My professional experiences includes several decades as a process control engine ...
Mon: TA 35 Index breaks new record
En.Globes.Co.Il· 2026-01-05 17:41
Market Performance - The Tel Aviv Stock Exchange experienced a rise, with the Tel Aviv 35 Index increasing by 1.16% to 3,738.33 points, marking a new record [1] - The Tel Aviv 125 Index rose by 1.64% to 3,794.16 points, and the BlueTech Global Index increased by 2.30% to 658.99 points [1] - The All Bond corporate bond index rose by 0.54% to 423.54 points, with total turnover reaching NIS 5.91 billion in equities and NIS 6.84 billion in bonds [1] Currency Exchange Rates - The shekel-dollar rate was set 0.723% lower at NIS 3.203/$, while the shekel-euro rate decreased by 1.153% to NIS 3.688/€ [2] Sector Performance - Construction stocks saw significant gains following the Bank of Israel's interest rate cut, with YH Dimri Construction and Development rising by 11.9%, the largest increase on the market [3] - Shapir Engineering and Industry rose by 9.62%, while Elbit Systems Ltd. increased by 5.27% after securing a $150 million contract in Europe [3] - Chip companies Camtek and Nova Ltd. rose by 11.61% and 11.72% respectively [3] Banking Sector - The banking sector faced declines after the unexpected interest rate cut by the Bank of Israel, with Bank Leumi falling by 2.20% and Bank Hapoalim decreasing by 2.35% [4] - Navitas Petroleum experienced the largest drop on the Tel Aviv 35 Index, falling by 4.88%, while Next Vision and Teva Pharmaceutical Industries Ltd. fell by 2.65% and 2.82% respectively [4]
Best Momentum Stocks to Buy for Dec. 23
ZACKS· 2025-12-23 16:16
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, Dec. 23: Valero Energy Corporation (VLO) : This petroleum company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.2% over the last 60 days. Valero Energy Corporation’s shares gained 22.1% over the last three months compared with the S&P 500’s decline of 13.2%. The company possesses a Momentum Score of A. Suncor Energy Inc. (SU) : This energy comp ...
Best Income Stocks to Buy for Dec. 23
ZACKS· 2025-12-23 10:36
Group 1 - Jackson Financial Inc. (JXN) has a Zacks Rank 1 and a dividend yield of 3.0%, higher than the industry average of 1.6% [1] - Valero Energy Corporation (VLO) also holds a Zacks Rank 1 with a dividend yield of 2.8%, slightly above the industry average of 2.7% [2] - Suncor Energy Inc. (SU) has seen an increase in the Zacks Consensus Estimate for its current year earnings by 8.6% over the last 60 days [2] Group 2 - The Zacks Consensus Estimate for Jackson Financial's current year earnings has increased by 6.1% over the last 60 days [1] - Valero Energy's current year earnings estimate has risen by 18.2% in the same period [2] - The dividend yield for another Zacks Rank 1 company is reported at 4.0%, compared to the industry average of 3.6% [3]
Best Value Stocks to Buy for Dec.23
ZACKS· 2025-12-23 09:41
Core Insights - Three stocks are highlighted with a buy rank and strong value characteristics for investors to consider on December 23 Group 1: Jackson Financial Inc. (JXN) - Jackson Financial is a financial services company with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its current year earnings has increased by 6.1% over the last 60 days [1] - The company has a price-to-earnings ratio (P/E) of 4.90, significantly lower than the industry average of 11.30 [1] - Jackson Financial possesses a Value Score of A [1] Group 2: Suncor Energy Inc. (SU) - Suncor Energy is an energy company with a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its next year earnings has increased by 8.6% over the last 60 days [2] - The company has a price-to-earnings ratio (P/E) of 13.09, compared to 25.09 for the S&P [2] - Suncor Energy also possesses a Value Score of A [2] Group 3: Valero Energy Corporation (VLO) - Valero Energy is a petroleum company with a Zacks Rank 1 [3] - The Zacks Consensus Estimate for its current year earnings has increased by 18.2% over the last 60 days [3] - The company has a price-to-earnings ratio (P/E) of 16.16, lower than the S&P average of 25.09 [3] - Valero Energy possesses a Value Score of A [3]