Drilling yields ‘non-significant’ gas shows, next Black Sea well to be spud soon
Southeastern Europe’s integrated energy player OMV Petrom and NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, which have drilled a dry hole in the Bulgarian sector of the Black Sea, are weeks away from drilling another well. The post Drilling yields ‘non-significant’ gas shows,...
Two final bids in the run for Denmark’s €3.84 billion carbon capture and storage fund
The Danish Energy Agency has received two final bids for the DKK 28.7 billion The post Two final bids in the run for Denmark’s €3.84 billion carbon capture and storage fund appeared first on Offshore Energy. Continue reading →
15,066 blocks up for grabs in next US offshore oil & gas lease sale
The U.S. Bureau of Ocean Energy Management (BOEM) has taken further steps to conduct the second offshore oil and gas lease sale under the One Big Beautiful Bill Act, which encompasses thirty Gulf of America (U.S. Gulf of Mexico) oil and gas lease sales. The post 15,066 blocks up for grabs in...
Medtronic to acquire CathWorks for up to $585M
The purchase will give Medtronic a larger presence in the cath lab, with a tool to help diagnose and treat coronary artery disease. Continue reading →
STAAR names interim co-CEOs amid search for permanent leader
The company is looking for a new top executive after former CEO Stephen Farrell left when STAAR shareholders rejected a buyout offer from Alcon. Continue reading →
Abbott receives FDA warning letter over Freestyle Libre CGMs
Abbott needs to conduct more performance testing to ensure its FreeStyle Libre devices are accurate, FDA inspectors found. Continue reading →
AI-powered fragrance company Osmo raises $70 million in Series B funding
Despite concerns of a slowdown, some investors are still betting on the AI and fragrance booms in 2026. On Thursday, the artificial intelligence-powered fragrance company Osmo announced it has secured $70 million in Series B funding. “What we found missing in the fragrance industry...
Wellness Briefing: The wellness categories investors are eyeing (and avoiding) in 2026, plus news
This week, I checked in with leading wellness industry investors, including Kelly Chen from XRC Ventures, Po Bronson from SOSV, Rachel Hirsch from Wellness Growth Ventures and Jenny Liu from newly-formed Crush It Ventures, to learn what’s in and out when it comes to 2026 wellness investments....
Rare Beauty breaks Ulta Beauty’s record for launch-day sales
On February 1, Rare Beauty entered all 1,500-plus Ulta Beauty stores nationwide and debuted on the retailer’s website, marking the brand’s first U.S. retail expansion since its launch at Sephora in September 2020. On launch day, it broke Ulta Beauty’s existing sales records, delivering the...