pipeline

Investing.com — Shares in biotech firm Moderna (NASDAQ:) rose more than 4% Monday after HSBC raised its rating on the stock from Hold to Buy while trimming the target price to $58 from $82. Moderna stock has been on a downward trajectory over the past few months, with HSBC analysts…

Zymeworks Inc . (NYSE: NASDAQ:) reported its financial results for the third quarter of 2024, revealing a net loss of $99.2 million, which is a slight improvement from the $104.2 million loss in the same period last year. The company, which specializes in the development of innovative cancer treatments, has…

By David French (Reuters) – Private equity firm Blackstone (NYSE:) is in advanced talks to acquire minority stakes in the interstate pipelines owned by EQT Corp (NYSE:) for about $3.5 billion, people familiar with the matter said on Friday. If the talks are successful, the deal would help the natural…

By Georgina McCartney MIDLAND, Texas (Reuters) – A new pipeline carrying shale from west Texas toward export hubs on the U.S. Gulf Coast has eased constraints that crashed local prices this year, and will help pave the way for higher U.S. oil production, energy executives said. Pipeline companies largely quit…

Innate Pharma (Euronext Paris: IPH) has presented its first-half 2024 financial results and clinical pipeline updates in an earnings call held in October 2023. The company, which is currently without a permanent CEO, reported advancements in its oncology-focused drug development, including the orphan drug designated lacutamab, and a robust pipeline…

By Arathy Somasekhar HOUSTON (Reuters) – Pipelines that historically carry Canadian crude to the U.S. are cutting rates and looking to ship different grades of due to rising competition from the newly expanded Trans Mountain pipeline. The moves will temporarily cut the cost of transporting some of Canada’s heavy crude…

By Arathy Somasekhar HOUSTON (Reuters) – A looming labor dispute at Canada’s two main railroads is unlikely to significantly reduce oil exports to the United States due to excess capacity on Trans Mountain and other pipelines, people close to the matter said. North American shippers such as fertilizer supplier Nutrien…

President Volodymyr Zelenskyy attempted to put the brakes on an audacious Ukrainian plot to blow up the Nord Stream pipeline, but his general pushed ahead anyway, according to a new report.That explosion in the Baltic Sea back in September 2022 resulted in the destruction of a major Russian export route…

By Nia Williams (Reuters) – The Trans Mountain oil pipeline expansion (TMX) was meant to shrink the discount on Canadian oil versus but three months in the differential is wider than when commercial operations on the project started. Many analysts had forecast the differential on Western Canada Select (WCS) versus…

By Arathy Somasekhar HOUSTON (Reuters) – About 20 ships loaded on Canada’s West Coast in the first full month of operation on the newly expanded Trans Mountain pipeline, according to vessel-tracking data on Sunday, slightly below the operator’s forecast. Loadings from the pipeline expansion are closely watched because the Canadian…