Company Overview and News

Zennor Petroleum offered five blocks in 30th UKCS license round

2018-05-25 worldoil
LONDON -- Zennor Petroleum Limited has announced that its wholly-owned subsidiaries, Zennor Pathway Limited and Zennor North Sea Limited, have been successful in the UK’s 30th offshore license round. Zennor participated in five applications in the round and has been offered five potential awards.

India may not accept arbitration orders on Cairn, Vodafone tax cases

2018-05-22 livemint
New Delhi: India may not accept international arbitration orders annulling tax demands on British firms Vodafone Plc and Cairn Energy Plc, a senior official has said, adding that the tax department would continue with recovery actions.

Market report: Tonic maker Fever-Tree loses its fizz

Market darling Fever-Tree Drinks finally lost some of its fizz after the tonic maker failed to deliver its customary earnings upgrade to growth-thirsty shareholders. After riding Britain’s gin craze wave, Fever-Tree has upgraded its profit guidance in 12 of its trading updates since its initial public offering in 2014.

FAR advances opportunities in Senegal and The Gambia as oil price hits multi-year highs

FAR Ltd (ASX:FAR) is progressing pre-development activities for the first phase of its world-class SNE oil field development offshore Senegal.

Walmart to comply with tax rule on India Flipkart deal, CEO Doug McMillon says

2018-05-10 livemint
New Delhi: Walmart Inc. will comply with any tax demand arising from its purchase of a stake in India’s e-commerce leader, a move that could help the global giant avoid festering litigation that overseas companies such as Vodafone Group Plc face in the South Asian nation.

Providence Resources P.l.c. - 2017 Annual Results

2018-05-10 globenewswire
Dublin and London - May 10, 2018 - Providence Resources P.l.c. (PVR LN, PRP ID), the Irish based Oil & Gas Exploration Company, today announces Annual Results for the year ended December 31, 2017.

[Press] Minister of Mines & Energy, Namibia to meet with key Oil & Gas stakeholders at the Africa E&P Summit in London

2018-05-03 oilvoice
The Africa E&P Summit is organised and hosted by Frontier Communications, and being held from the 23-24 May 2018 at the world-class venue, the IET London: Savoy Place in the heart of London.

UPDATE 1-UK Stocks-Factors to watch on April 27

2018-04-27 reuters
April 27 (Reuters) - Britain’s FTSE 100 index is seen opening 5 points higher on Friday, according to financial bookmakers, with futures up 0.2 percent ahead of the cash market open.

Ex-HSBC executive sentenced to two years for foreign exchange scheme - Channel NewsAsia

2018-04-26 channelnewsasia
A former HSBC Holdings Plc executive was sentenced to two years in prison on Thursday after he was found guilty by a jury of defrauding Cairn Energy Plc in a US$3.5 billion currency trade in 2011.

Ex-HSBC executive sentenced to two years for foreign exchange scheme

2018-04-26 reuters
NEW YORK (Reuters) - A former HSBC Holdings Plc (HSBA.L) executive was sentenced to two years in prison on Thursday after he was found guilty by a jury of defrauding Cairn Energy Plc (CNE.L) in a $3.5 billion currency trade in 2011.

Woodside Sees New Momentum On Long-Delayed Browse Gas Project

2018-04-18 rigzone
April 18 (Reuters) - The long-delayed Browse gas project off Western Australia has gained key support, with partners in the North West Shelf liquefied natural gas (LNG) plant aiming to agree on a tariff by end-June to handle Browse gas, Woodside Petroleum's chief executive said on Wednesday.

[Press] Cairn Energy: Raudåsen Update

2018-04-17 oilvoice
The enclosed announcement has been reported by the Norwegian Petroleum Directorate (NPD) regarding PL 790, containing the Raudåsen prospect, in which Cairn has a 25% working interest.

I-T dept seizes Rs 440 cr Cairn dividend income

New Delhi : The Income Tax Department has seized a further Rs 440 crore of dividend income due to Cairn Energy to recover a part of the Rs 10,247 crore tax demand it had raised on the British firm using a retrospective tax legislation.

Tax Department seizes Rs 440-crore Cairn Energy dividend income

2018-04-15 economictimes.indiatimes
Copyright © 2018 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service

[Press] Cairn Energy: Tethys Update

2018-03-26 oilvoice
The enclosed announcement has been reported by the Norwegian Petroleum Directorate (NPD) regarding PL 682, containing the Tethys prospect, in which Cairn has a 30% working interest.

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HRTX : Heron Therapeutics Analysis and Research Report

2018-05-25 - Asif

Overview Heron is a commercial-stage biotechnology company focused on improving the lives of patients by developing best-in-class treatments that address some of the most important unmet patient needs. Heron Therapeutics is developing novel, patient-focused solutions that apply its innovative science and technologies to already approved pharmacological agents for patients suffering from cancer or pain. On August 9, 2016, its first commercial product, SUSTOL, was approved by the FDA. The company developed SUSTOL for the prevention of chemotherapy-induced nausea and vomiting (“CINV”). SUSTOL is indicated, in combination with other antiemetics, in adults for the prevention of acute and delayed nausea and vomiting associated with initial and repeat courses of moderately emetogenic chemotherapy (“MEC”) or anthracycline and cyclophosphamide (“AC”) combination chemotherapy regimens. The company commenced commercial sales of SUSTOL in the U.S. in October 2016. On November 9, 2017...

ACIA: Acacia Communications Analysis and Research Report

2018-05-25 - Asif

Overview The company's mission is to deliver high-speed coherent optical interconnect products that transform communications networks, relied upon by cloud infrastructure operators and content and communication service providers, through improvements in performance and capacity and reductions in associated costs. By converting optical interconnect technology to a silicon-based technology, a process the company refer to as the siliconization of optical interconnect, the company believe Acacia Communications is leading a disruption that is analogous to the computing industry’s integration of multiple functions into a microprocessor. The company's products include a family of low-power coherent digital signal processor application-specific integrated circuits, or DSP ASICs, and silicon photonic integrated circuits, or silicon PICs, which Acacia Communications has integrated into families of optical interconnect modules with transmission speeds ranging from 100 to 400 gigabits per ...

ANTH: Anthera Pharmaceuticals Analysis and Research Report

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...

CUSIP: 12776P200