CNOOC

CNOOC Limited Released the 2023 Environmental, Social and Governance Report

Retrieved on: 
Tuesday, April 2, 2024

HONG KONG, April 2, 2024 /PRNewswire/ -- CNOOC Limited ("the Company", SEHK: 00883 (HKD counter) and 80883 (RMB counter), SSE: 600938) released its 2023 Environmental, Social and Governance (ESG) Report in Hong Kong today.

Key Points: 
  • HONG KONG, April 2, 2024 /PRNewswire/ -- CNOOC Limited ("the Company", SEHK: 00883 (HKD counter) and 80883 (RMB counter), SSE: 600938) released its 2023 Environmental, Social and Governance (ESG) Report in Hong Kong today.
  • CNOOC Limited positions ESG report as an important carrier for disclosing compliance information, strengthening sustainable development, and improving communication among stakeholders.
  • CNOOC Limited continues to reinforce corporate governance, tightens risk management and control, and further consolidates the foundation for sustainable development.
  • CNOOC Limited actively fulfills its corporate responsibility, expands its social contributions, and shares the fruits of development with all stakeholders.

"Shifting Ice" - New Strider Report Reveals Russia's Increasing Reliance on the People's Republic of China to Develop and Control the Future of the Arctic

Retrieved on: 
Wednesday, February 7, 2024

SALT LAKE CITY, Feb. 7, 2024 /PRNewswire/ -- Strider Technologies, Inc. the leading provider of strategic intelligence, today released a new report, which details unprecedented levels of cooperation between the Russian Federation and the People's Republic of China (PRC) in the Arctic region since Russia's invasion of Ukraine in 2022. 

Key Points: 
  • The report demonstrates how the war in Ukraine and continued geopolitical isolation are forcing Moscow to adjust its strategy to develop and control the Arctic.
  • "For years, Russia has sought to limit the PRC's involvement in the Arctic.
  • The Arctic is a clear example of the "no limits'' partnership announced by Moscow and Beijing just before the Ukraine invasion.
  • In August 2023, Russian and Chinese ships participated in Naval exercises in the Bering Sea off the coast of Alaska.

Alternative Fuels Market to Record a Growth of USD 78.41 billion between 2022 and 2027, Discover Latest Trends, Market Share, and Evolving Opportunities - Technavio

Retrieved on: 
Monday, January 22, 2024

NEW YORK, Jan. 22, 2024 /PRNewswire/ -- The alternative fuels market size is expected to grow by USD 78.41 billion from 2022 to 2027, according to Technavio.

Key Points: 
  • NEW YORK, Jan. 22, 2024 /PRNewswire/ -- The alternative fuels market size is expected to grow by USD 78.41 billion from 2022 to 2027, according to Technavio.
  • The Alternative Fuels Market is witnessing a significant uptrend driven by the escalating adoption of eco-friendly fuel sources in the transportation sector.
  • The global off-grid alternative fuels market is expected to grow rapidly during the forecast period due to the Increasing emissions of GHGs.
  • These strategic investments are poised to propel the growth of the alternative fuels market in the APAC region throughout the forecast period.

Hunting PLC (“Hunting” or “the Company” or “the Group”) 2023 Year-end Trading Update

Retrieved on: 
Wednesday, January 10, 2024

Hunting PLC (LSE: HTG), the precision engineering group, today issues a year-end trading update ahead of announcing its 2023 Final Results on Thursday 29 February 2024.

Key Points: 
  • Hunting PLC (LSE: HTG), the precision engineering group, today issues a year-end trading update ahead of announcing its 2023 Final Results on Thursday 29 February 2024.
  • 2023 trading and financial outturn in-line with previous guidance and market expectations, with EBITDA in the range of $96-$100m.
  • Strong cash generation delivered in Q4 2023, with total cash and bank / (borrowings)1 at year-end expected to be $nil, in line with the guidance provided in October 2023.
  • Disposal of residual oil and gas production assets completed in Q4 2023, to further streamline the Group’s operating activities.

CNOOC Limited Announces Lufeng Oilfields Phase II Development Project Commences Production

Retrieved on: 
Wednesday, January 3, 2024

HONG KONG, Jan. 2, 2024 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces today that Lufeng Oilfields Phase II Development Project has commenced production.

Key Points: 
  • HONG KONG, Jan. 2, 2024 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces today that Lufeng Oilfields Phase II Development Project has commenced production.
  • It consists of Lufeng 8-1 Oilfield, Lufeng 9-2 Oilfield and Lufeng 14-8 Oilfield.
  • One new drilling platform is built, and 14 development wells are planned to be put into production, including 13 production wells and 1 water-injection well.
  • The project is expected to achieve a peak production of approximately 22,600 barrels of crude oil per day in 2025.

Libra Consortium and Halliburton Landmark Collaborate to Develop Field Digital Twin

Retrieved on: 
Monday, December 11, 2023

Halliburton Company (NYSE: HAL) today announced it will work with Libra Consortium, lead by Petrobras, to develop a digital twin for a pre-salt field system in Brazil.

Key Points: 
  • Halliburton Company (NYSE: HAL) today announced it will work with Libra Consortium, lead by Petrobras, to develop a digital twin for a pre-salt field system in Brazil.
  • The Libra digital twin will help the consortium reduce capital expenditures, accelerate production times, and improve crude oil recovery rate using new insights obtained in a real-time environment.
  • Halliburton and Libra Consortium will develop an integrated and dynamic digital twin of the production system, including the reservoir, wells, and subsea network.
  • "The Mero unitized field digital twin reiterates Landmark's leadership in leveraging E&P cloud and digital solutions to revolutionize reservoir performance and asset optimization," said Nagaraj Srinivasan, senior vice president of Landmark, Halliburton Digital Solutions, and Consulting.

Qianhai expanded advantages in industrial diversification

Retrieved on: 
Thursday, December 7, 2023

SHENZHEN, China, Dec. 7, 2023 /PRNewswire/ -- In an era of global connectivity, Qianhai is leading the new trend in China's industrial development through industry diversification and innovation.

Key Points: 
  • SHENZHEN, China, Dec. 7, 2023 /PRNewswire/ -- In an era of global connectivity, Qianhai is leading the new trend in China's industrial development through industry diversification and innovation.
  • At the recently held Qianhai Global Investment Promotion Conference, Qianhai released new "six agglomeration zones".
  • In recent years, Qianhai has expanded its advantage in industrial diversification.
  • According to external insights, the diversified development of Qianhai's industries is closely related to its advantages in diverse industrial development.

Qianhai expanded advantages in industrial diversification

Retrieved on: 
Thursday, December 7, 2023

SHENZHEN, China, Dec. 7, 2023 /PRNewswire/ -- In an era of global connectivity, Qianhai is leading the new trend in China's industrial development through industry diversification and innovation.

Key Points: 
  • SHENZHEN, China, Dec. 7, 2023 /PRNewswire/ -- In an era of global connectivity, Qianhai is leading the new trend in China's industrial development through industry diversification and innovation.
  • At the recently held Qianhai Global Investment Promotion Conference, Qianhai released new "six agglomeration zones".
  • In recent years, Qianhai has expanded its advantage in industrial diversification.
  • According to external insights, the diversified development of Qianhai's industries is closely related to its advantages in diverse industrial development.

AM Best Affirms Credit Ratings of ICM Assurance Ltd

Retrieved on: 
Friday, November 3, 2023

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of ICM Assurance Ltd (ICMA) (St. Michael, Barbados).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of ICM Assurance Ltd (ICMA) (St. Michael, Barbados).
  • The outlook of these Credit Ratings (ratings) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Fosun International Ranks Third on the List of 2023 China Top 100 Sustainable Enterprises

Retrieved on: 
Friday, September 22, 2023

HONG KONG, Sept. 22, 2023 /PRNewswire/ -- On 20-21 September, 2023 China Top 500 Enterprises Summit was held in the city of Hefei, Anhui province, China.

Key Points: 
  • HONG KONG, Sept. 22, 2023 /PRNewswire/ -- On 20-21 September, 2023 China Top 500 Enterprises Summit was held in the city of Hefei, Anhui province, China.
  • The 2023 China Corporate Sustainability Index Report and the list of 2023 China Top 100 Sustainable Enterprises were released at the forum, among which Fosun International ranked third.
  • The 2023 China Corporate Sustainability Index conducted an in-depth analysis of development trends and explored the sustainability direction of enterprises.
  • Presently, Fosun International is the only conglomerate in Greater China rated AA by MSCI ESG Ratings.