– Finding more oil and natural gas in mature areas of the North Sea confirm the staying power of operations in Norwegian waters, an explorer said. The exploration and production subsidiary of French energy company ENGIE said itmade a discovery near the existing Gjoa field in the Norwegian waters of ... Read More »
Valeant Pharmaceuticals International Inc said its discount and rebates program for two high-priced heart drugs would cover over 90 percent U.S. hospitals once it had finalized the last of the 14 group purchasing organizations. Valeant’s statement comes after Bloomberg reported that some medical centers had yet to see a cent ... Read More »
A natural gas pipeline in Morocco, interrupted by seismic activity, has been completed and related production has resumed, a company said Friday. Circle Oil said in a statement it was “pleased to announce the completion of gas pipeline repairs in Morocco.” The company, which has its headquarters in Ireland, temporarily ... Read More »
Novartis’s investigational multiple sclerosis drug cut the risk of disability progression in patients with a tough-to-treat form of the disease versus a placebo, the Swiss company said on Saturday, citing a new analysis of a late-stage trial. Novartis is testing BAF312 against secondary progressive multiple sclerosis (SPMS), which includes patients ... Read More »
Russia is to build a special complex dedicated entirely to preparing special forces that will be able to take decisive action in the event of a terrorist attack. According to Yulia Plavinskaya, communications director at the future International Training Center for the Special Forces, the private center will be built ... Read More »
The Russian Central Bank said Friday it was lowering its key rate because of the potential for slow economic growth and oil priced around $40 per barrel. For the first time since June, the bank said it lowered its key rate by a half percent to 10 percent, saying it ... Read More »
Unilever PLC is in talks to acquire Honest Company, the consumer products company founded by actress Jessica Alba, sources close to the negotiations said. Unilever, a multinational consumer goods company headquartered in London, is offering a deal valued at over $1 billion, but less than the $1.7 billion valuation that ... Read More »
A 17-year-old has committed doctor-assisted suicide in Belgium, the first minor to do so under rules adopted in 2014 allowing euthanasia for people of all ages, the head of the national committee for euthanasia said on Saturday. Wim Distelmans, who chairs Belgium’s Federal Control and Evaluation Committee on Euthanasia, told ... Read More »
State officials in Florida on Friday tripled the active Zika transmission zone in the trendy seaside community of Miami Beach after five new cases of the mosquito-borne virus believed to cause a severe birth defect were identified in the area. The active transmission zone grew from 1.5 square miles to ... Read More »
– Norwegian energy company Statoil said it retained some of its shale acreage in the United States, but completed a sale Friday of assets in West Virginia. Statoil said it closed Friday on the $96 million sale of 11,500 acres in the Marcellus shale natural gas basin in West Virginia ... Read More »
The prospects of growing supplies of oil on the market offset the latest OPEC chatter on rebalancing efforts to push oil prices lower in early Friday trading. Oil drifted around in volatile trading Thursday as key economic indicators bounced off underlying questions about the gap between oil supplies and global ... Read More »
A global fund has raised over $12.9 billion from international donors as part of a campaign aimed at effectively eradicating AIDS, malaria and tuberculosis by 2030, conference organizers said on Saturday. The Global Fund asked government, faith-based and private-sector partners to raise a total of $13 billion at a donor ... Read More »
