Sound Energy PLC has agreed to sell its remaining 20% stake in the Tendrara gas development in Morocco to Managem for a deal valued at $57 million. The sale will leave Sound Energy with $11 million in cash after repaying its €28.8 million senior secured notes, effectively eliminating its debt. This marks Sound Energy's full exit from Morocco as it also relinquishes other exploration interests there. The company aims to refocus on energy transition and upstream hydrocarbon projects outside Morocco as a debt-free entity. Shares fell 33% following the announcement due to the exit and project delays, with first gas now expected in Q3 2026 instead of October 2025.
Amazon is expanding its Prime Air drone delivery service to nearly 500 U.S. cities and towns by the end of 2024, a sixfold increase from its current reach. The company aims to complete 1 million drone deliveries this year, following regulatory approv...
So-Young International Inc., a leading aesthetic treatment platform in China, will announce its financial results for Q2 2026 on August 31 before the US market opens. The company will hold an earnings call the same day to discuss performance and outl...
F4 Uranium Corp has acquired the Kelic Lake Project, a 4,835-hectare property on the southern margin of the Athabasca Basin in Saskatchewan, known for uranium potential. The project features key geological traits like sandstone alteration, graphitic ...
IBM has successfully combined and cooled two cryogenic quantum modules to below 15 millikelvin, enabling the linking of hundreds of quantum chips. This breakthrough supports IBM's roadmap to deliver the world's first fault-tolerant quantum computer, ...
IDEAYA Biosciences has partnered with Genentech to test the combination of IDE892, a potential best-in-class PRMT5 inhibitor, with Genentech's KRAS G12D inhibitor RG6620 in patients with pancreatic ductal adenocarcinoma (PDAC) who have MTAP deletions...
