Company Overview and News
Good morning, ladies and gentlemen, and welcome to the conference call on ENGIE financial information as of March 31, 2018, organized by ENGIE, along with Mrs. Isabelle Kocher, Chief Executive Officer of ENGIE; and Mrs. Judith Hartmann, Executive Vice President and Chief Financial Officer. For your information, this conference is being recorded.
Paris, April 26, 2018 - Total's Board of Directors met on April 25, 2018, to review the Group's first quarter accounts. Commenting on the results, Chairman and CEO Patrick Pouyanné said: "Oil prices continued to rebound in the first quarter 2018. Brent rose to an average of $67 per barrel, supported by strong demand, OPEC-non-OPEC compliance and geopolitical tensions. Conversely, as a result of this increase, refining margins were weaker (-34%).
Chicago, IL – April 25, 2018 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Schlumberger Ltd. (SLB - Free Report) , Halliburton Company (HAL - Free Report) , TOTAL S.A. (TOT - Free Report) , SeaDrill Limited’s (SDRL - Free Report) and McDermott International, Inc.
On the news front, oilfield service majors Schlumberger Ltd. (SLB - Free Report) and Halliburton Company (HAL - Free Report) kicked off the first-quarter energy earnings season. Both companies, apart from coming out with estimate-meeting numbers, indicated that the North American drilling market remains robust, driven by increased activity. Meanwhile, French oil giant TOTAL S.A. (TOT - Free Report) agreed to acquire French utility Direct Energie for $1.
As the last secular bull market in oil progresses, free cash flow for many shale plays will far exceed estimates. The subdued analyst estimates and public expectations that linger from the oil collapse are about to be massively eclipsed as oil finds a new trading range around $80 per barrel.
PARIS/FRANKFURT (Reuters) - European utility companies are retrenching in their home markets and looking to unwind debt-financed cross-border mergers deals as increasingly nationalist governments balk at foreign ownership of strategic power supplies.
(Bloomberg) -- France's oil major is stepping up its power business, replicating the strategy of European peers as the global shift toward cleaner energy gathers pace.
PARIS, April 19 (Reuters) - French oil major Total expects to report good first quarter results next week, thanks to the impact of high oil prices, said company head Patrick Pouyanne on Thursday.
French oil major Total has followed the lead of Royal Dutch Shell by deepening its exposure to the household energy sector with a €1.4bn (£1.2bn) deal to buy a utility.
U.S. net petroleum trade, including crude oil, petroleum products, and natural gas plant liquids, has fallen in recent years, reaching 3.7 million barrels per day (b/d) in 2017. This is the lowest level of net petroleum trade (imports minus exports) since 1971. At the same time, total U.S. gross petroleum trade (imports and exports) has reached an all-time high of 16.3 million b/d in 2017.
TOTAL S.A. (TOT - Free Report) announced that it has entered into a definite agreement with the controlling shareholders of Direct Energie to acquire 74.33% of its share capital. Price of each share is fixed at €42 ($51.96) and ex-dividend at €0.35 (43.3 cents) per share, representing an aggregate acquisition price of approximately €1.4 billion ($1.73 billion). The acquisition of majority of Direct Energie’s interest will help TOTAL to expand its electric and gas generation, and distribution operation in France and Belgium.
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Recent Increase in Chinese Floating Storage is Caused by Import Quotas and New Taxes OilVoice Press
Lundin Petroleum AB (Lundin Petroleum) will recognise a net foreign exchange gain of approximately MUSD 162 for the first quarter of 2018.
We very pleased to announce the start of oil production from the Grieve CO2 EOR Project. The construction and commissioning of the Grieve CO2 EOR Production Facilities was completed by our joint venture partner, Denbury Resources Inc. within scope and budget under a fixed price turnkey construction contract and production has commenced within project start-up deadlines. The Grieve CO2 EOR Project is owned by Elk with a 49% non-operated working interest and Denbury Resources with a 51% operated working interest.
2018-05-21 - Asif
Overview Anthera Pharmaceuticals, Inc. is a biopharmaceutical company focused on advancing the development and commercialization of innovative medicines that benefit patients with unmet medical needs. The company currently have two compounds in development, Sollpura and blisibimod. The company licensed Sollpura from Eli Lilly & Co (“Eli Lilly”) in July 2014. Sollpura is a novel non-porcine investigational Pancreatic Enzyme Replacement Therapy (“PERT”) intended for the treatment of patients with Exocrine Pancreatic Insufficiency (“EPI”), often seen in patients with cystic fibrosis and other conditions. The company licensed blisibimod from Amgen, Inc. (“Amgen”) in December 2007. Blisibimod targets B-cell activating factor, or BAFF, which has been shown to be elevated in a variety of B-cell mediated autoimmune diseases, including Immunoglobulin A nephropathy, or IgA nephropathy. Sollpura The exocrine pancreas is responsible for synthesis and secretion of digestive en...
2018-05-21 - Asif
Business Agenus is a clinical-stage immuno-oncology (“I-O”) company dedicated to becoming a leader in the discovery and development of innovative combination therapies and committed to bringing effective medicines to patients with cancer. The company's business is designed to drive success in I-O through speed, innovation, and effective combination therapies. Agenus has assembled fully integrated capabilities from novel target discovery, antibody generation, cell line development, and good manufacturing practice (“GMP”) manufacturing together with a comprehensive portfolio consisting of antibody-based therapeutics, adjuvants and cancer vaccine platforms. The company leverage its immune biology platforms to identify effective combination therapies for development and have developed productive partnerships to advance its innovation. The company believe the next generation of cancer treatment will build on clinically validated antibodies targeting CTLA-4 and PD-1 combined wi...
2018-05-21 - Asif
Business The company started Square in February 2009 to enable businesses (sellers) to accept card payments, an important capability that was previously inaccessible to many businesses. However, sellers also need innovative solutions to thrive, and Square has since expanded to provide additional products and services to give these businesses access to the same tools as large businesses. This approach aligns with its purpose of economic empowerment, as everything the company do should give sellers accessible, affordable tools to grow their businesses and participate in the economy. Square is a cohesive commerce ecosystem that helps its sellers start, run, and grow their businesses. The company combine sophisticated software with affordable hardware to enable sellers to turn mobile and computing devices into powerful payment and point-of-sale solutions. Square has high seller acceptance rates and fast onboarding, while maintaining low risk and fraud losses as a result of its a...