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Guyana regulator moves to overturn court judgment on Exxon assurance guarantee

OilNOW -
The Environmental Protection Agency (EPA) has filed an appeal against a recent upset judgment by the High Court. Justice Sandil Kissoon directed the EPA to secure an unlimited parent and/or affiliate guarantee, based on a provision in ExxonMobil Guyana’s...
Business Wire

Zion Pharma Announces Global Agreement with Roche to Develop and Commercialize a Blood Brain Barrier Penetrant Oral HER2 Tyrosine Kinase Inhibitor

HONG KONG & SUZHOU, China & SHANGHAI--(BUSINESS WIRE)--Zion Pharma Limited, a Chinese biotechnology company focused on the development of brain-penetrable compounds, today announced that Roche has acquired the global rights to Zion’s lead program, ZN-A-1041. ZN-A-1041 is an orally...
News

Guyana eyes exporting gas from Uaru Project 

OilNOW -
With the Uaru Development Project expected to produce 540 million standard cubic feet of gas per day, Guyanese authorities want ExxonMobil Guyana to conduct a study on the possibilities for export. According to the provisions of the Petroleum Production Licence...
News

Guyana can tap multi-million-dollar LNG opportunities with Gas-to-Energy project – MP

OilNOW -
Guyanese Member of Parliament (MP), Jermaine Figueira believes the imminent Gas-to-Energy Project will be a game-changer for the South American producer as it is intended to provide a reliable and affordable source of energy for domestic consumption while facilitating...
News

Guyana gov’t disagrees with Court on Exxon’s insurance obligations for offshore operations

OilNOW -
The Guyana government and the Environmental Protection Agency (EPA) are set to appeal a recent Guyana Supreme Court ruling that determined that the EPA and ExxonMobil affiliate, Esso Exploration and Production Guyana Limited (EEPGL), breached the terms of the...
Business Wire

Technip Energies First Quarter 2023 Financial Results

Solid first quarter; consistent with full year 2023 objectives Adjusted revenue of €1,407 million, Adjusted recurring EBIT margin of 7.6% 10% year-over-year growth in Adjusted net profit of €80 million Preparing future core with the creation of Rely – a new integrated...
Business Wire

Innate Pharma Highlights Clinical Abstracts Selected for ASCO 2023 Annual Meeting

Oral presentation on SAR’579 / IPH6101, a potential first-in-class NKp46/CD16-based NK cell engager targeting CD123; SAR’579 / IPH6101 is ANKET® platform lead asset and under development by partner Sanofi Two Trial in Progress posters including monalizumab in non-small cell lung...
News

Stabroek Block produced 378,000 bpd in first quarter of 2023

Kemol King -
ExxonMobil produced 34.05 million barrels of crude in the first quarter of 2023 from the Liza projects offshore Guyana, at 378,340 barrels per day (bpd). Output peaked at 408,860 bpd.  Liza Phase 1 produced 13.598 million barrels at 151,090 bpd....
Business Wire

Teva and MedinCell Announce FDA Approval of UZEDY™ (risperidone) Extended-Release Injectable Suspension, a Long-Acting Subcutaneous Atypical Antipsychotic Injection, for the Treatment of Schizophrenia in...

This new treatment provides adults living with schizophrenia a long-acting formulation that offers flexible 1- and 2-month dosing intervals1 In a Phase 3 clinical trial, UZEDY demonstrated up to 80% reduction in risk of schizophrenia relapse versus placebo1 UZEDY is a...
News

Enhanced oil and gas exhibit unveiled at Guyana’s National Museum; allows for 3D view onboard FPSO 

OilNOW -
Oil has become an important part of Guyana’s history, preserved and on view at the country’s National Museum as Stabroek Block operator ExxonMobil relaunched the new and improved oil and gas exhibit.  While many will not be able to travel...
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Guyana and Suriname leaders advance talks on trade, energy, and connectivity at high-level meeting

Joint Statement - Meeting Between Jennifer Geerlings- Simons, President of the Republic of Suriname and Dr. Mohamed Irfaan Ali,...

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