US News

Drilling Rig Fuel Costs Expected to Drop by ~50%; Significant Reduction in CO2, NOx and SOx Emissions Projected Halcón Resources Corporation (NYSE:HK) today announced that it has commissioned its first compressed natural gas facility through its subsidiary, Hawk Clean Fuels. This CNG facility is serving the Company’s operations in its El Halcón area in East […]

++BREAKING NEWS++ Agios Pharmaceuticals, Inc. (Nasdaq:AGIO) today announced that it is offering to sell, subject to market and other conditions, up to $175 million of its common stock in an underwritten public offering. Agios also intends to grant the underwriters a 30-day option to purchase from it up to an additional $26.3 million of shares. […]

The MoU consolidates the talks held by the companies this year and marks the starting point for the specific projects that the companies have already identified. Abengoa (MCE: ABG.B/P SM) (Nasdaq:ABGB), the international company that applies innovative technology solutions for sustainability in the energy and environment sectors, signed a memorandum of understanding in Seoul on […]

++ BREAKING NEWS ++ Geoff Morrell, BP America’s Senior Vice President of U.S. Communications and External Affairs, issued the following statement today in response to the United States Supreme Court’s denial of BP’s request to review the Fifth Circuit decisions relating to the compensation of claims for losses with no apparent connection to the Deepwater […]

Who is the new member of the board? Northrop Grumman Corporation (NYSE:NOC) announced today that its board of directors has elected Kenneth L. Bedingfield, corporate vice president and chief financial officer, effective after the company files its 2014 annual report. Bedingfield will succeed James F. Palmer, who has announced his intention to retire in 2015. […]

Protection in the U.S. Novadaq Technologies Inc. (Nasdaq:NVDQ) (TSX:NDQ), a developer and provider of clinically relevant fluorescence imaging solutions for use in surgical and diagnostic procedures, today announced the recent grant of United States Patent No. 8,892,190 entitled “Method and Apparatus for Performing Intra-Operative Angiography.” NOVADAQ’s most recent U.S...

++ BREAKING NEWS ++ Midstates Petroleum Company, Inc. (NYSE:MPO)announced today that the buyer in the transaction for the sale of the Company’s DeQuincy area assets in Louisiana has terminated the purchase and sale agreement. The DeQuincy assets continue to produce approximately 1,400 barrels of oil equivalent (70% oil) and generated in excess of $20 million […]

Expression of Genes Involved in T-cell Function and Hematopoietic Stem Cell Engraftment Significantly Increased Fate Therapeutics, Inc. (Nasdaq:FATE), a biopharmaceutical company engaged in the discovery and development of adult stem cell modulators to treat orphan diseases, released preclinical data today highlighting the pharmacological properties of ex vivo programmed hematopoietic cells...

I really did expect to write about something other than oil today, but you know what they say about the best laid plans of mice and men. The mere mention of ExxonMobil (NYSE:XOM) in my article yesterday led me to think a bit more about the issue, especially as XOM makes for a good example […]

There is a human tendency – we all have it – to forget the bigger picture when a singular matter is making headlines. Whilst I obviously believe the recent news regarding oil production and pricing is BIG (this is my fourth  consecutive  article on the subject), I feel compelled to remind us all that it’s not […]