For owners who accept the offer, the replacement oil contains an additive from BG Products Inc.
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While the facility is operated by France's Total, BG has around a 14% stake in it.
Apache joins the likes of BG Group, Statoil, Shell and Transocean in closing offices and curtailing drilling operations.
Two recent wells, one drilled by Britain's BG Group and the other by America's Exxon Mobil, proved dry.
On top of that, the deferral of starting up the Jasmine field to 2013 also exacerbated BG's business.
That of Britain's BG Group is big, Another, by Norway's Statoil, is bigger.
That promising marketing savvy will now be tested by the opportunity surrounding BG-12.
The stock of agribusiness giant Bunge Limited ( BG) was a bungee jump nightmare two and a half years ago.
By 2025, these four countries will be the largest consumers of LNG, according to a presentation by BG Group Plc.
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That puts even more focus on the approval and launch of BG-12 for multiple sclerosis, which is expected later this year.
Companies that are direct beneficiaries of these developments include Bunge (BG), PetroBras ( PBR) and Sociedad Quimica y Minera ( SQM).
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Also making its move last week after being added to The Stock List roster were shares of Bunge Ltd. (NYSE: BG).
This begs the question: Did the FDA want more time to think about this issue as it might pertain to BG-12?
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If patients switch off BG-12, they might be more likely to try Gilenya than go back to Avonex, meaning a lost sale to Biogen.
BG-12 and bardoxolone are unrelated chemical entities with distinct chemical structures.
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Indeed, there are a few of these on his list such as T-MD1 for breast cancer (Roche), alpharadin for prostate cancer (Bayer) and BG-12 for MS (Biogen-Idec).
BG-12 reduced these flare-ups by roughly 50% in clinical trials.
Unlike Avonex, Tysabri and almost every other MS drug approved until recently, all of which often require painful injections (and often cause fatigue and depression), BG-12 is a pill.
None of the senior Medical Microbiologists that Professor Spratt consulted during an independent review believed that the inhalation of even a million BG spores constituted any significant threat to health.
Southern Union and BG Group are looking to do the same from their Lake Charles import terminal, while on the Texas coast, Freeport LNG wants in the game as well.
Does the FDA have new safety concerns about BG-12?
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Although some large companies - including HSBC, Diageo, Anglo-American, Cadbury, Rolls Royce, GKN, BAT, BP, Shell and BG - have had a presence in Brazil for many years, several sectors have been ignored.
As a result, the number of shipments arriving at an American terminal belonging to BG, a big gas firm, fell from 48 in the second quarter of the year to one in the fourth.
In response to my earlier post about one of our credit cards being closed due to inactivity, long-time reader and regular commenter BG mentioned that he and his wife have upwards of 150 credit cards.
By owning full rights to the drug, Biogen will be able to more easily streamline its marketing with other MS drugs, including Avonex and Tecfidera, formerly known as BG-12, a pill that is awaiting FDA approval.
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It also reduced its holdings in Apple by 20%, profiting from a rise that saw the US tech giant become the world's most valuable firm, and also sharply cut its stakes in Vodafone, BG Group and ExxonMobil.
Second, the government might be tempted to revisit existing contracts, which would be bad for confidence and disastrous for Petrobras and its partners (Britain's BG Group has a 25% stake in Tupi and Portugal's Galp Energia 10%).
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