BHP Billiton expects to recognise an impairment charge of approximately US$2 billion post-tax (or approximately US$2.8 billion pre-tax) against the carrying value of its Onshore US assets as an exceptional item in the 2015 financial year results. The gas focused Hawkville field accounts for the substantial majority of this charge reflecting its geological complexity, product […]
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Stericycle, Inc.has announced to acquire privately-held Shred-it International, the global secure information destruction services provider, for $2.3 billion in cash. The addition of Shred-it will significantly enhance the breadth and depth of our portfolio with a new service that is used and valued by many of our customers. The Shred-it business brings with it a
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Synthetic Biologics, Inc., a clinical-stage company focused on developing therapeutics to protect the microbiome while targeting pathogen-specific diseases, today announced that it has commenced an underwritten public offering of shares of its common stock. All of the shares in the offering are to be sold by Synthetic Biologics. The Company intends to grant the underwriters
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Suncor Energy, along with its partners in the project, today announced the first radio frequency pilot for oil recovery within an in situ reservoir. The technology, Enhanced Solvent Extraction Incorporating Electromagnetic Heating (ESEIEH, pronounced “easy”), uses radio frequency to heat the reservoir and adds a solvent which facilitates the movement of the bitumen to the
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Miller Energy Resources, Inc. has announced that is has received from the State of Alaska a tax credit certificate in the amount of approximately $33.0 million. The Company has already received approximately $9.3 million of that amount in cash and expects to receive the remainder in the next few weeks. Relatedly, management has reduced combined operating
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