Month: April 2022

SHELL PLC – REPORT ON PAYMENTS TO GOVERNMENTS FOR THE YEAR 2021April 05, 2022 Shell plc has today published its report on payments to governments for the year 2021 (the “Report”). The Report is available for download from www.shell.com/payments. The Report has been submitted to the Financial Conduct Authority for publication through the National Storage Mechanism, where it will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism. This announcement is made in accordance with DTR 6.3.5R(1A). Additional InformationFor the purposes of complying with the Disclosure and Transparency Rules (DTRs) and the requirements imposed on issuers though the DTRs, information required to be communicated in unedited full text was included in the Report. The Report was submitted to the National Storage Mechanism in...

HOUSTON, April 05, 2022 (GLOBE NEWSWIRE) — W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that it has acquired the remaining working interests in the oil and gas producing properties purchased earlier this year from an undisclosed private seller. The assets are located in Federal shallow waters in the central region of the Gulf of Mexico at Ship Shoal 230, South Marsh Island 27/Vermilion 191, and South Marsh Island 73 fields. The transaction had an effective date and closing date of April 1, 2022.   Cash consideration of approximately $17.5 million was paid to the seller using cash on hand. Key highlights of the transaction are as follows:Adds internally-estimated proved reserves of approximately 1.4 million barrels of oil equivalent (Boe) (70% oil) and proved and probable, or 2P, reserves of...

Joint Reference Design Enables New Paradigm in Distributed Building Intelligence, Adding Scalable AI Smarts to Sensor Nodes While Providing Occupant PrivacyJoint Reference Design Enables New Paradigm in Distributed Building Intelligence, Adding Scalable AI Smarts to Sensor Nodes While Providing Occupant Privacy Joint reference design uniquely combines edge artificial intelligence (AI) with privacy, enabling new possibilities for smart building applications.SAN JOSE, Calif., and SANTA CLARA, Calif., April 05, 2022 (GLOBE NEWSWIRE) — Lumentum Holdings Inc. (“Lumentum”) (NASDAQ: LITE), a market-leading designer and manufacturer of innovative optical and photonic products, and Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor and software company, today announced a new joint reference design that uniquely combines...

Dear shareholders The 2021 was another year defined by serious COVID-19 related challenges for us, the entire industry, the whole global society. When 2020 was a year of initial reactions to the COVID-19 shock, then 2021 can be characterised as a year of carrying out decisive actions to end the pandemic. Be it through continuous restrictions, immunization of entire societies or developments of medical treatments. We witnessed first-hand the extreme impact Finland’s approach with its harsh restrictions had on our operating environment in the first half of the year as well as in the summer. On a flip side, it also contributed to relatively low numbers of COVID-19 infections in Finland and a high level of immunization by the autumn, which allowed to open the society and travel again. I would like to express my gratitude to our loyal customers....

Dear shareholders The 2021 was another year defined by serious COVID-19 related challenges for us, the entire industry, the whole global society. When 2020 was a year of initial reactions to the COVID-19 shock, then 2021 can be characterised as a year of carrying out decisive actions to end the pandemic. Be it through continuous restrictions, immunization of entire societies or developments of medical treatments. We witnessed first-hand the extreme impact Finland’s approach with its harsh restrictions had on our operating environment in the first half of the year as well as in the summer. On a flip side, it also contributed to relatively low numbers of COVID-19 infections in Finland and a high level of immunization by the autumn, which allowed to open the society and travel again. I would like to express my gratitude to our loyal customers....