Tom Frew

In the east Mediterranean Sea BP Egypt announced today another important gas discovery in the North Damietta Offshore Concession in the East Nile Delta. The “Atoll-1” deepwater exploration well, currently being drilled using the 6th generation semi-submersible rig “Maersk Discoverer,” has reached 6,400 metres depth and penetrated approximately 50 metres of gas pay in high […]

Operations update Rose Petroleum, the AIM-listed (LSE:ROSE) natural resources company, has provided an operational update on activities within its US onshore oil and gas division which is made up of a 75% working interest in over 250,000 gross acres in the highly prospective Uinta and Paradox Basins in Utah. Highlights: State 1-34 Mancos Well, Uinta […]

Update on Construction of Chilean Wind Power Project Rame has announced the achievement of mechanical completion at its 15MW Raki / Huajache wind project. All five wind turbines are now erected which marks a critical milestone for the project and commissioning has commenced. Raki / Huajache is the most advanced project in Rame’s mature development […]

trategic Co-operation Agreement signed with Desert Gold Ventures Inc. to develop the Kossanto East Gold Project and Farabantourou Gold Permit in Mali towards potential production Alecto Minerals (LSE:ALO), the AIM quoted mineral exploration company focussed on West and East Africa, has signed a co-operation agreement with Desert Gold Ventures Inc. (TSX.V:DAU), a TSX.V quoted mineral […]

PROGRESS UPDATE ON PILOT PLANT WORK AT ARAGUAIA NICKELPROJECT, BRAZIL Horizonte Minerals Plc, (AIM:HZM) (TSX:HZM), the nickel development company, has announced positive results following completion of first stage testing of the Rotary Kiln Electric Furnace Pilot Plant for its 100% owned Araguaia nickel project in Para State, north central Brazil. Highlights: · Completed commissioning of...

Update on flotation plant to increase copper, gold and silver production at Gedabek mine, Azerbaijan Anglo Asian Mining, the AIM listed gold, copper and silver producer focused in Azerbaijan, has provide an update on the development and construction of its small scale flotation plant at the Gedabek gold, copper, silver mine, in western Azerbaijan, aimed […]

Emergent BioSolutions Inc. (NYSE:EBS) reported financial results for the quarter and twelve months ended December 31, 2014. Financial highlights included: – Total revenue: Q4 2014 of $148.0 million, up 51% from 2013; twelve months 2014 of $450.1 million, up 44% from 2013 – GAAP net income: Q4 2014 of $30.1 million, up 98% from 2013; […]

For TransTech Pharma’s Hexokinase II Inhibitor Program Calithera Biosciences, Inc. (Nasdaq:CALA), a clinical-stage pharmaceutical company focused on discovering and developing novel small molecule drugs directed against tumor metabolism and tumor immunology targets for the treatment of cancer, announced today an exclusive global license agreement with TransTech Pharma, a clinical stage...

Revenue increased 10% year-over-year to $445.2 million The Cooper Companies, Inc. (NYSE:COO) today announced financial results for the fiscal first quarter ended January 31, 2015. – Revenue increased 10% year-over-year to $445.2 million. CooperVision (CVI) revenue up 13% to $369.3 million. CooperSurgical (CSI) revenue down 4% to $75.8 million. – GAAP earnings per share (EPS...

To improve cooling of electronic modules for commercial, military applications Northrop Grumman Corporation (NYSE:NOC) has licensed its air-flow-through (AFT) cooling technology, used to improve the cooling of high-power electronics, to GE Intelligent Platforms (NYSE:GE). AFT technology improves the air cooling of advanced electronic modules by incorporating a novel heat exchanger design that...