88 Energy Ltd has increased its estimated gross unrisked 2U prospective resources for the South Prudhoe project in Alaska by about 35%, now totaling 768.9 million barrels of oil and natural gas liquids. This upgrade includes a maiden Brookian prospective resource and a significant increase in the Ivishak estimate, especially for the Augusta prospect. The North-West Hub now holds 301.3 million barrels, and the South-East Hub 467.6 million barrels. The company plans to drill the Augusta-1 exploration well in the 2027 Alaskan winter season, aiming to test up to 133.7 million barrels gross unrisked 2U resources.
During week 20 of 2026 (May 11-15), Sampo Oyj repurchased a total of 1,730,961 of its A-shares across multiple marketplaces at an average price of about €8.92 per share. This buyback is part of a €350 million share repurchase program authorized by th...
Anthony Scaramucci criticized the US decision to grant China permanent trade relations and WTO membership, saying it allowed China to protect its economy while exporting freely to the US. He argued that China used this advantage to take US technology...
AstraZeneca has received US approval for Baxfendy, the first new blood pressure drug class in over 20 years, which effectively lowers high blood pressure by blocking aldosterone production. This drug addresses a significant need as many patients stru...
Bitcoin Depot, a major U.S. Bitcoin ATM operator, has filed for Chapter 11 bankruptcy and announced a gradual shutdown of its operations. This move allows the company to manage an orderly wind-down of assets and obligations under court supervision ra...
Bitcoin dropped to around $76,700, its lowest in two weeks, triggered by rising Treasury yields and reduced investor risk appetite. This led to $661 million in crypto position liquidations, mostly long positions, highlighting market vulnerability. U....
