newszine

AbbVie looks beyond Humira with $63 billion deal for Botox-maker Allergan

1 day ago DieselGasoil Comments Off on AbbVie looks beyond Humira with $63 billion deal for Botox-maker Allergan
(Reuters) – Drugmaker AbbVie Inc said on Tuesday it would buy Botox-maker Allergan Plc for about $63 billion, grabbing control of the biggest name in medical aesthetics to help reduce its reliance on blockbuster arthritis treatment Humira. AbbVie has been under pressure to diversify its portfolio as Humira, the world’s best-selling drug, is already in Read More

Oil prices remain ‘very fragile’ amid supply and demand concerns: Vitol

2 days ago DieselGasoil Comments Off on Oil prices remain ‘very fragile’ amid supply and demand concerns: Vitol
Crude oil prices remain fragile because they are caught between supply and demand uncertainties arising from the political climate in the Middle East and the US-China trade dispute, Vitol Group CEO Russell Hardy said at the Asia Oil & Gas Conference on Monday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Read More

Venezuela’s oil production set for another drop

2 days ago DieselGasoil Comments Off on Venezuela’s oil production set for another drop
Venezuela’s oil production fell to a new low last month, as economic crisis and sanctions continue to strangle the industry. Venezuela’s output fell by 35,000 bpd in May, plunging to 741,000 bpd for the month, according to OPEC’s secondary sources, the lowest total in about a half century. The problems for Venezuela are not new Read More

Bang-up week on Wall Street ends with a whimper

5 days ago DieselGasoil Comments Off on Bang-up week on Wall Street ends with a whimper
(Reuters) – Wall Street edged lower on Friday, as U.S. Vice President Mike Pence’s decision to defer a speech on China policy increased optimism on upcoming trade talks between Washington and Beijing, while tensions between the United States and Iran undercut sentiment. The S&P 500 briefly hit a record high. Pence called off a planned Read More

Cenovus announces pricing for cash tender offers

1 week ago DieselGasoil Comments Off on Cenovus announces pricing for cash tender offers
CALGARY, Alberta, June 18, 2019 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has determined the pricing for the previously announced cash tender offers (the “Tender Offers”) for up to US$748,009,000 aggregate principal amount (the “Revised Maximum Amount”) of its 4.450% Notes due 2042, 5.200% Notes due 2043, 3.000% Notes due 2022, 4.250% Read More

Cenovus announces results of cash tender offers

1 week ago DieselGasoil Comments Off on Cenovus announces results of cash tender offers
CALGARY, Alberta, June 18, 2019 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) intends to repurchase US$748,009,000 aggregate principal amount (the “Revised Maximum Amount”) of its debt as the result of successful cash tender offers (the “Tender Offers”) for certain of its outstanding Notes (as defined below) announced on June 4, 2019. The repurchase Read More

Altair Licence Update

1 week ago DieselGasoil Comments Off on Altair Licence Update
Oslo,17June2019 The ANH has decided to resume the terms of the Altair contract (that had been previously suspended) and to extend its expiration date to August 26th, 2019.  Without prejudice to the foregoing, an additional extension of the Altair contract for a term of one year is pending resolution by the ANH.  This additional extension Read More