BP sees $2.1 billion oil earnings boost
BP (NYSE:BP) expects stronger oil realizations to add US$1.8 billion–US$2.1 billion to second-quarter upstream earnings despite production falling to 2.17 million–2.22 million boe/d.
BP (NYSE:BP) expects stronger oil realizations to add US$1.8 billion–US$2.1 billion to second-quarter upstream earnings despite production falling to 2.17 million–2.22 million boe/d.
Brent crude rose US$2.74, or 3.29%, to US$86.04, while West Texas Intermediate crude gained US$2.21, or 2.83%, to US$80.35 as renewed U.S.-Iran attacks threatened Strait of Hormuz energy flows.
Mesoblast (NASDAQ:MESO) treated at least 300 patients in MSB-DR004, reaching the pivotal Phase 3 treatment target for rexlemestrocel-L in chronic low back pain.
SILITH Technology and United Microelectronics (NYSE:UMC) delivered the first mass-produced photonic integrated circuit wafers from UMC’s Singapore fab for SILITH’s 1.6T silicon photonics platform.
VEON (NASDAQ:VEON) completed its acquisition of 76.33% of TPL Insurance for approximately PKR 4.55 billion, or US$16.4 million.
WISeKey (NASDAQ:WKEY) reported preliminary H1 2026 revenue of approximately US$11.4 million, up 115%, while its cash and short-term investments reached about US$495 million with zero debt.
Grupo Aeroportuario del Pacifico (NYSE:PAC) reported 2Q26 revenue of Ps. 11,289.7 million, up 3.7%, as EBITDA rose 8.4% and net income increased 9.0% following the CBX combination.
ProMIS Neurosciences (NASDAQ:PMN) reported first human evidence that PMN310 reduced detectable amyloid-beta oligomers in cerebrospinal fluid dose-dependently at days three and 29, providing an exploratory signal that the antibody reached and engaged its intended target.
Chinese prosecutors proposed stronger tools to investigate cryptocurrency-related crime, with a focus on privacy coins.
The temporary suspension of Telegram's t.me links disrupted access to cryptocurrency wallets, bots and community channels.
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