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East West Petroleum Shareholders Approve Capital Reduction and All Other Matters at the Annual and Special Meeting
Newsfile· 2025-09-05 20:30
East West Petroleum Shareholders Approve Capital Reduction and All Other Matters at the Annual and Special MeetingSeptember 05, 2025 4:30 PM EDT | Source: East West Petroleum Corp.Vancouver, British Columbia--(Newsfile Corp. - September 5, 2025) - East West Petroleum Corp. (TSXV: EW) ("East West" or the "Company") is pleased to announce that at the Annual and Special Meeting of Shareholders of the Company (the "Meeting") held on September 5, 2025, the shareholders re-elected Nick DeMare, Mark ...
CW Petroleum Corp (OTCQB: CWPE) Reports Financial Results for Six Months Ended June 30, 2025
Globenewswire· 2025-09-02 11:00
Katy, Texas, Sept. 02, 2025 (GLOBE NEWSWIRE) -- CW Petroleum Corp (OTCQB: CWPE) (the “Company” or “CWPE”), a leading provider of Specialty Renewable and Hydrocarbon Motor Fuels, today announces to its investors and future investors Financial Results for the Six Months Ended June 30, 2025. Key Financial Highlights for Six Months Ended June 30, 2025, Compared to Prior Year Period: 2025 Revenues of $3.7 Million vs 2024 Revenues of $4.1 Million2025 EBITDA of $92,000 vs 2024 EBITDA of $110,0002025 Net Income of ...
X @Bloomberg
Bloomberg· 2025-08-26 03:30
A court-appointed adviser said a revised bid filed by Amber Energy, an affiliate of Elliott Investment Management, topped Gold Reserve’s offer in the latest bidding round to purchase the parent company of Citgo Petroleum https://t.co/1TYMO8jfrm ...
Why India is in Trump's crosshairs when crude is not even sanctioned
CNBC· 2025-08-06 15:29
Technicians stand next to an oil rig which is manufactured by Megha Engineering and Infrastructures Limited (MEIL) at an Oil and Natural Gas Corp (ONGC) plant, during a media tour of the plant in Dhamasna village in the western state of Gujarat, India, August 26, 2021. Amit Dave | Reuters U.S. President Donald Trump added further pressure to India on Wednesday by bumping up tariffs to 50% — but calls for India to immediately stop buying Russian oil could cause global crude prices to spike, industry sources ...
中国_7 月官方制造业和非制造业采购经理人指数(PMI)均下降-China_ Both official manufacturing and non-manufacturing PMIs fell in July
2025-08-05 03:16
Summary of Key Points from the Conference Call Industry Overview - The report focuses on the manufacturing and non-manufacturing sectors in China, specifically analyzing the National Bureau of Statistics (NBS) Purchasing Managers' Index (PMI) for July 2023. Core Insights and Arguments 1. **Manufacturing PMI Decline**: The NBS manufacturing PMI fell to 49.3 in July from 49.7 in June, which is below market expectations. The new orders sub-index saw the most significant decrease, dropping to 49.4 from 50.2, indicating a contraction in demand [1][3][10]. 2. **Non-Manufacturing PMI Decline**: The NBS non-manufacturing PMI decreased to 50.1 in July from 50.5 in June, slightly below market expectations. This decline was primarily driven by a slowdown in the construction sector, which fell notably to 50.6 from 52.8 [1][9][10]. 3. **Adverse Weather Impact**: The weakness in the July PMIs is attributed to adverse weather conditions, including high temperatures and heavy rainfall, which affected construction activity [1][10]. 4. **Trade-Related Sub-Indexes**: The manufacturing new export order sub-index decreased to 47.1 in July from 47.7 in June, indicating a decline in export demand. The import sub-index remained flat at 47.8 [4][8]. 5. **Price Dynamics**: The input cost sub-index increased to 51.5 from 48.4, while the output prices sub-index rose to 48.3 from 46.2, suggesting that deflationary pressures have eased somewhat due to recent increases in commodity prices [8][10]. 6. **Sector-Specific Performance**: Certain sectors such as railway, shipbuilding, aerospace equipment, and electronics showed output and new orders sub-indexes above 50, while sectors like chemical raw materials and cement remained below 50, indicating contraction [3][9]. Additional Important Insights - **Employment Sub-Index**: The employment sub-index inched up to 48.0 from 47.9, suggesting a slight improvement in employment conditions despite overall PMI declines [3]. - **Enterprise Size Impact**: The PMI for large enterprises fell to 50.3 from 51.2, while small enterprises saw a decline to 46.4 from 47.3. Medium enterprises, however, experienced a rise to 49.5 from 48.6 [8]. - **Government Policy Influence**: The government's focus on addressing overcapacity and excessive price competition is impacting the manufacturing sector, as indicated by the contrasting trends in output and price sub-indexes [1][10]. This summary encapsulates the key findings and insights from the conference call regarding the current state of the manufacturing and non-manufacturing sectors in China, highlighting the challenges posed by weather conditions and government policies.
X @The Economist
The Economist· 2025-07-25 20:40
The Gulf’s twin petroleum heavyweights have lately been on a dealmaking binge. Yet this could leave them struggling to achieve a jumble of unrelated objectives https://t.co/bTiQlhtpB2 ...
CW Petroleum Corp (OTCQB: CWPE) Reports Revenues for Q2-2025
Globenewswire· 2025-07-22 11:00
Katy, Texas, July 22, 2025 (GLOBE NEWSWIRE) -- CW Petroleum Corp (OTCQB: CWPE) (the "Company"), a leading provider of Specialty Renewable and Hydrocarbon Motor Fuels, today announces to its investors and future investors unaudited financial results for Q2-2025. Key Financial Highlights for Three Months Ended June 30, 2025, Compared to Prior Year Period: Our SEC Form 1-SA (Semiannual Report) will be published on or before September 29, 2025. Additional accurate information about the Company can be found on t ...
CW Petroleum Corp (OTCQB: CWPE) Shareholder Update 6/2/2025
Globenewswire· 2025-06-02 11:00
Core Insights - CW Petroleum Corp is on track to achieve annual revenues between $8 million and $10 million, with strong sales performance continuing through Q2 2025 [1] - The company is actively collaborating with third-party data providers to ensure accurate representation of its trade data and financials [2] - CW Petroleum Corp is seeking equity to support its short- and long-term growth plans, with the ultimate goal of being listed on the New York Stock Exchange [3] Company Overview - CW Petroleum Corp, incorporated in 2011 and a wholly-owned subsidiary of a Wyoming corporation since April 2018, specializes in supplying and distributing biodiesel, biodiesel blends, renewable gasoline, and proprietary gasoline blends [4] - The company is licensed by the EPA to create proprietary gasoline blends and is authorized to distribute diesel fuel and gasoline across several states including Texas, Louisiana, and California [4]
Atlantic Petroleum – Result of the Annual General Meeting 23rd May 2025
Globenewswire· 2025-05-23 14:42
Tórshavn, Faroe Islands, 2025-05-23 (GLOBE NEWSWIRE) -- Today P/F Atlantic Petroleum (NASDAQ OMX: ATLA DKK) held the Annual General Meeting in Tórshavn, Faroe Islands. Petur Even Djurhuus was elected Chairman of the Meeting.The Chairman of the Board presented the Board of Director’s and management’s statement of the Company’s activity during 2024.The audited Annual Accounts were presented and approved by the General Meeting.The General Meeting approved the remuneration to the Board in A: 2024 and B: 2025.It ...
Compagnie de l'Odet : Stable revenue for Q1 2025
Globenewswire· 2025-04-29 15:45
COMPAGNIE DE L'ODET Financial information for Q1 2025April 29, 2025 Stable revenue for Q1 2025: +0.2% at constant scope and exchange rates (+4.2% on a reported basis*) Revenue for Q1 2025At constant scope and exchange rates, Compagnie de l’Odet revenue for first-quarter 2025 rose 0.2% to 782 million euros: Bolloré Energy: 675 million euros, down 0.2%, owing to lower selling prices for petroleum products, offset by higher sales volumes; Industry: 78 million euros, up 1.5%, based on growth in 6-meter bus sa ...