HONG KONG, May 7, 2024 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces today that Bozhong 19-6 Gas Field 13-2 Block 5 Well Site Development Project has commenced production. The project is located in central Bohai Sea, with an average water depth of approximately 23 meters. The main production facilities include a wellhead platform, with 10 development wells planned to be commissioned. The project is

SHANGHAI, May 6, 2024 /PRNewswire/ -- From May 5 to 8, the China International Bicycle Exhibition opened grandly in Shanghai. TAILG, as a leading electric two-wheeler company, exhibited its latest full range of E-bike products. The on-site sales were booming, with visiting customers from South Korea, Europe and the United States giving thumbs up frequently. jwplayer.key="3Fznr2BGJZtpwZmA+81lm048ks6+0NjLXyDdsO2YkfE="   TAILG made a wonderful appearan

Latest donation makes it S$16 million in 5 years as the Singapore-based company reaffirms commitment to improving lives SINGAPORE, May 6, 2024 /PRNewswire/ -- Palm oil giant Musim Mas Group has announced its latest S$5 million donation to selected local charities. This brings the group's total donations since 2019 to S$16 million. Musim Mas' latest donation bring its contributions to local charities at S$16 million in 5 years, as the Singapore-based company reaffirms commitment to im

Russia delivered more than 165,000 barrels of refined petroleum to North Korea in March alone, a White House official said Thursday, noting its shipments thus far have already exceeded Pyongyang's annual import cap mandated by the UN Security Council. National Security Communications Advisor John Kirby made the remarks as Washington is working in tandem with South Korea, Japan and other partners to roll out new sanctions this month against those aiding in transfers of weapons and refined petrole

South Korea's inflation fell to the 2 percent range as the country’s directive to lower price growth has been continuing to go down a bumpy path on fluctuations in the oil and agricultural prices, data showed Thursday. Consumer prices, a key metric of inflation, rose by 2.9 percent in April, marking a 0.2 percentage point decrease from the 3.1 percent reading shown in both March and February, according to the data from Statistics Korea. “The prices of petroleum products, which r

Partnership with Sealed Air aims to develop more e-commerce packaging with increased recycled content Partnership with Changchun FAWSN will promote lightweight polyolefin elastomer (POE) artificial leather solution in automotive market SHANGHAI, April 30, 2024 /PRNewswire/ -- Dow (NYSE: DOW), announced two new partnerships at Chinaplas 2024 to develop solutions that meet both performance and circular demands. In collaboration with Dow, Sealed Air has commercialized an

SK Innovation Co., South Korea's leading refiner by sales, said Monday its net losses widened in the first quarter from a year earlier due mainly to foreign-exchange losses. Net losses deepened to 97.62 billion won ($71 million) in the first quarter from 51.95 billion won in the year-ago period, the company said in a statement. "A weak won, which drove up import prices of crude oil and decreased equity gains from SK On, weighed on the quarterly bottom line," a company spokesperson

South Korea's economy expanded at a much faster pace than expected in the first quarter of this year, offering relief to those concerned about the severe slump experienced last year persisting for an extended period. This news is especially welcome for a country still grappling with domestic instability and uncertain global geopolitics. However, beyond the social and political instability at home and longstanding global geopolitics, there are other pressing issues that demand attention: t

Consumption of standard coal is cut by 3,234 tons, with CO2 emissions reduced by 8,409 tons. Water usage decreased by 40%. The Company's investment in environmental protection increased to 70 million RMB. Shanghai Electric continues to lead in green technology, achieving multiple breakthroughs in low-carbon technological innovation, with investment in R&B hitting a five-year record high. SHANGHAI, April 28, 2024 /PRNewswire/ -- Shanghai Electric (SEHK:2727, SSE:601727) announced th

BANGKOK, April 26, 2024 /PRNewswire/ -- As a leader in the energy and retail landscapes with operations across 11 countries, PTT Oil and Retail Business Public Company Limited ("OR") is set to launch a series of strategic initiatives in 2024 aimed at fostering innovation, promoting sustainability, and expanding its international presence. Building on a solid foundation of growth and sustainability achievements, OR remains committed to enhancing community well-being and environmental st

HONG KONG, April 25, 2024 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announced its operating results for the first quarter of 2024. In the first quarter, the Company pressed ahead with oil and gas exploration and development, advanced the enhancement of quality and efficiency, and consolidated its advantage of cost competitiveness. Net production of oil and gas and net profit attributable to equity s

On the 25th, announced 1Q revenue of 7.8 trillion won and operating profit of 265 billion won Stable profit structure of the energy business value chain and increased sales to the eco-friendly industry customers contributed to profit growth Secured a stable cash flow foundation to support future investment and improve shareholder returns SEOUL and INCHEON, South Korea, April 25, 2024 /PRNewswire/ -- Despite the ongoing global economic slowdown due to high interest rate and increased

A North Korean minister has embarked on a rare public visit to Iran, drawing scrutiny over the potential expansion of illicit cooperation between the two countries that have been under comprehensive international sanctions, especially amidst simmering tensions in the Middle East. North Korean state media confirmed Wednesday that Yun Jong-ho, minister of external economic relations, departed Pyongyang the previous day to lead a North Korean government economic delegation to Iran. North Korean sta

HANNOVER, Germany, April 23, 2024 /PRNewswire/ -- For the first time in five years, Shanghai Electric ("the Company) (SEHK:2727, SSE:601727) is returning to Hannover Messe, the world's leading industrial trade fair, bringing its innovative industrial equipment solutions to European and global industry peers, along with its signature energy equipment solutions. At the five-day event, Shanghai Electric will be exhibiting at Hall 12, Stand D66 of the Hannover Exhibition Center, where the Compa

Chula researchers use forage grass to feed microorganisms and convert the resulting fat into jet fuel, aiming to replace petroleum-based energy and reduce impacts on human health and the environment.  BANGKOK, April 23, 2024 /PRNewswire/ -- The "Development of scaling-up technology for production of microbial lipid for biojet fuel synthesis" research project led by Prof. Dr. Warawut Chulalaksananukul and Asst. Prof. Dr. Chompunuch Glinwong from the Department of Botany, Faculty