COMPANGNIE DE L'ODET Financial information for Q3 202523 October 2025 Revenue (at constant scope and exchange rates): -24% in third-quarter 2025 -10% in the first nine months of 2025 Revenue for Q3 2025 At constant scope and exchange rates, Group revenue for third-quarter 2025 totaled 630 million euros, down 24%: Bolloré Energy: 530 million euros, -25%, impacted by the general fall in petroleum product prices, as well as a decrease in volumes sold over the quarter;Industry: 73 million euros, -21%, mainl ...

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.99% to 3,176.41 points, the Tel Aviv 125 Index fell 0.98% to 3,249.61 points; and the BlueTech Global Index fell 0.97% to 579.01 points. The All Bond corporate bond index fell 0.02% to 418.33 points. Turnover totalled NIS 2.89 billion in equities and NIS 5.57 billion in bonds. On the foreign exchange market, the representative shekel-dollar rate was set 0.664% lower from Monday, at NIS 3.289/$, and the representative shekel-euro rate was ...

Toronto-listed miner Gold Reserve on Monday accused firms advising a U.S. court on the auction of Citgo Petroleum's parent of receiving some $170 million in fees from a bidder that was recommended as ... ...

Market Overview - U.S. equities experienced a significant rebound on October 13, 2025, recovering from substantial losses due to improved investor sentiment following President Trump's softened trade rhetoric towards China [1][3] - Major U.S. stock indexes, including the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average, all posted robust gains in afternoon trading, with the S&P 500 up 1.6%, Nasdaq up 2.1%, and Dow up 1.3% [2] Sector Performance - The technology sector led the market recovery, with the Technology Select Sector SPDR (XLK) showing significant gains, while other sectors such as Materials (XLB), Energy (XLE), Consumer Discretionary (XLY), Communication Services (XLC), Financial (XLF), and Industrial (XLI) also registered advances [4] - The Consumer Staples Select Sector SPDR (XLP) was the only sector in negative territory, down approximately 0.22%, as investors shifted towards more cyclical sectors [5] Upcoming Market Events - The U.S. earnings season is set to begin, with major banks like JPMorgan Chase scheduled to report quarterly results, alongside other notable companies such as Johnson & Johnson and United Airlines [6] - The ongoing U.S. government shutdown is delaying the release of key economic data, including inflation figures and retail sales data, which could introduce uncertainty for the Federal Reserve's monetary policy decisions [7] Corporate Developments - Broadcom shares surged approximately 10% following a collaboration announcement with OpenAI to design custom AI accelerators, highlighting strong investor interest in the AI sector [12] - Other chipmakers, including Advanced Micro Devices and Micron Technology, also saw gains of 3.4% and 4.9% respectively, while Nvidia gained close to 3% [12] - Fastenal shares fell between 4.8% and 6.4% after reporting third-quarter profits that narrowly missed analysts' expectations [12] - HCL Technologies is set to announce its Q2 FY26 results, with investors focused on management's commentary regarding deal pipelines and demand outlook [12] - Avenue Supermarts reported a steady Q2 FY26 performance, with a nearly 4% year-on-year increase in consolidated net profit and a 15.5% rise in revenue [12] - Bharat Petroleum Corporation Limited announced a strategic partnership with Reliance BP Mobility Ltd to expand its city gas distribution and compressed natural gas network [12]

Key Takeaways ClearSign Technologies secured an initial engineering order from a global refining company.The project covers 32 ClearSign Core burners for two heaters at a California refinery.Work will begin imminently and proceed in phases over the next 15-18 months.ClearSign Technologies Corporation (CLIR) recently announced that it secured the initial CFD and engineering order from a leading global refining company. This marks the first phase of a process heater retrofit that involves the installation of ...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reported a substantial increase in Nigeria's oil rig count, with numbers soaring from eight in 2021 to 69. This marks a 762.5% rise over four years, indicating a resurgence of activity and confidence in the oil and gas sector, reported the Nation Newspaper. The current rig count comprises 40 active rigs, eight on standby, five on warm stack, four on cold stack and 12 in transit. The NUPRC anticipates further growth in the coming months. ...

Market Overview - The U.S. stock market finished higher on Thursday, with the Dow Jones Industrial Average up nearly 0.2% to 46,519.72, the S&P 500 adding 0.06% to 6,715.35, and the Nasdaq climbing about 0.4% to 22,844.05 [1] Company Highlights - **SoundHound AI Inc. (NASDAQ:SOUN)**: Shares surged by 10.46%, closing at $17.84, with an intraday high of $18.39 and a low of $16.45. The 52-week range is $24.98 to $4.56. The company gained recognition as a leader in IDC MarketScape's assessment of conversational AI platforms, attracting renewed investor interest due to strong revenue momentum [2][1]. - **IonQ Inc. (NYSE:IONQ)**: Stock rose by 10.32%, closing at $69.60, reaching an intraday peak of $69.60 and a low of $64.41. The 52-week high is $76.13 and the low is $8.79. Investors are monitoring IonQ as it pulls back from recent highs, potentially entering a favorable buying zone [3][1]. - **Occidental Petroleum Corp. (NYSE:OXY)**: Stock fell by 7.31%, closing at $44.23, with an intraday high of $47.92 and a low of $43.84. The 52-week range is $56.49 to $34.78. The company is reportedly considering selling its OxyChem division to Berkshire Hathaway in a deal valued at approximately $10 billion, which could streamline operations [4][1]. - **Ondas Holdings Inc. (NASDAQ:ONDS)**: Saw a significant rise of 25.99%, closing at $9.21, with an intraday high of $9.34 and a low of $7.66. The 52-week high is $9.34 and the low is $0.57. The surge followed the announcement of a major purchase order for Wåsp drones, marking its entry into the U.S. defense market [5][1]. - **Tesla Inc. (NASDAQ:TSLA)**: Stock declined by 5.11%, closing at $436, with an intraday high of $470.75 and a low of $435.57. The 52-week high is $488.54 and the low is $212.11. The decline is attributed to a significant drop in car sales in Italy, which fell by over 25.6% in September, and concerns over expiring Federal EV credits [6][1].

Core Insights - Berkshire Hathaway Inc. has signed an agreement to acquire Occidental Petroleum Corporation's petrochemical subsidiary, OxyChem, for approximately $9.7 billion in cash [1][2] - The transaction is expected to close in the fourth quarter of 2025 and will be Berkshire's largest deal since its $13.7 billion acquisition of Alleghany Corp. in 2022 [2] - OxyChem specializes in producing essential chemicals such as chlorine, sodium hydroxide, and PVC resins, generating roughly $5 billion in revenue over the past 12 months [3] Company Developments - Occidental Petroleum, 27% owned by Berkshire, is actively deleveraging after significant acquisitions, including a $55 billion purchase of Anadarko in 2019 [4] - The company currently has $24 billion in debt, down from nearly $49 billion post-Anadarko, and plans to use $6.5 billion from the OxyChem sale to further reduce this debt [4] - Occidental has executed nearly $4 billion in divestments since early 2024, indicating a strategic shift towards simplifying its portfolio and enhancing capital returns to shareholders [5] Industry Context - The acquisition of OxyChem marks a significant move in the petrochemical sector, as it is expected to be one of the largest standalone petrochemical transactions globally, valued near $10 billion [2] - The deal comes amid industry challenges, including oversupply and shrinking margins, leading Occidental to close a chapter in its decades-long chemicals business [6] - The acquisition strengthens Berkshire Hathaway's ties with Occidental, as the firm has been gradually increasing its equity stake in the company [5]

Vancouver, British Columbia--(Newsfile Corp. - October 2, 2025) - East West Petroleum Corp. (TSXV: EW) ("East West" or the "Company") is pleased to advise that the capital reduction and special distribution discussed in the Company's news releases of September 11, 2025 and September 22, 2025 (the "Special Distribution") have now been completed. Further to its news releases of September 17, 2025 and September 22, 2025 relating to the proposed name change from "East West Petroleum Corp." to "East West Minera ...

Core Viewpoint - Blue Water Venture Partners has submitted an unsolicited $10 billion bid for the assets of CITGO Petroleum Corporation, which is the highest offer received to date, surpassing bids from competitors [1][2][7]. Group 1: Bid Details - The bid was formally requested for court approval to allow evaluation by the Special Master [2]. - Key features of the bid include creditor flexibility, allowing judgment creditors to choose between immediate cash or equity in a U.S.-listed public company [7]. - A dedicated settlement fund for bondholders is proposed to extinguish PDVSA-2020 bondholder claims, ensuring a litigation-free asset transfer [7]. Group 2: Strategic Intent - The proposal aims to maximize value for creditors, resolve bondholder disputes, and establish a U.S.-controlled, publicly listed energy company [3]. - The bid is positioned as a superior alternative that protects stakeholders and strengthens American energy security, while positioning CITGO for long-term success [3]. Group 3: Company Background - Blue Water Acquisition Corp. III is a special purpose acquisition company (SPAC) formed to identify and complete business combinations with high-potential companies across diverse sectors [4].