CNPC

"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.

CNOOC Limited Announces Mero2 Project Commences Production

Retrieved on: 
Tuesday, January 2, 2024

HONG KONG, Jan. 1, 2024 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces that Mero2 Project has commenced production safely.

Key Points: 
  • HONG KONG, Jan. 1, 2024 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces that Mero2 Project has commenced production safely.
  • The development plan includes 4 production units, namely, Mero1, Mero2, Mero3 and Mero4.
  • Mero2 Project is the second project commissioned in the field following Mero1 Project.
  • CNOOC Petroleum Brasil Ltda, a wholly-owned subsidiary of CNOOC Limited, holds 9.65% interest.

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.

Global LNG Market Poised for Growth, Aiding Environmental Goals and Energy Needs - ResearchAndMarkets.com

Retrieved on: 
Monday, November 13, 2023

The development of LNG import infrastructure, such as regasification terminals and distribution networks, has facilitated global access to LNG.

Key Points: 
  • The development of LNG import infrastructure, such as regasification terminals and distribution networks, has facilitated global access to LNG.
  • Growing demand for cleaner energy sources, particularly in Asia, incentivizes higher LNG production to meet energy needs and emissions reduction goals.
  • Import and Export: Japan dominates the global LNG import market, while Australia leads in LNG exports.
  • Additionally, long-term LNG supply contracts play a crucial role in the LNG market, providing stability and predictability for both buyers and sellers.

CNPC Unveils the Zero Distance to CNPC Campaign: Showcasing Technological Advancements and Community Empowerment

Retrieved on: 
Monday, December 18, 2023

BEIJING, Dec. 18, 2023 /PRNewswire/ -- To commemorate the 10th anniversary of the Belt and Road initiative, CNPC has unveiled the Zero Distance to CNPC campaign.

Key Points: 
  • BEIJING, Dec. 18, 2023 /PRNewswire/ -- To commemorate the 10th anniversary of the Belt and Road initiative, CNPC has unveiled the Zero Distance to CNPC campaign.
  • The campaign , with an international focus, welcomed journalists and hosts from China Arab TV, international students from China University of Petroleum, Beijing, and foreign employees of CNPC.
  • They were invited to explore oilfields, wells, refineries and gas stations, and to engage in CNPC's Rural Revitalization Demonstration Project through field visits and exchanges.
  • The event highlighted CNPC's significant contributions to local economic empowerment and societal advancement.

Embracing the New Horizon, Towards the Shared Future

Retrieved on: 
Friday, December 1, 2023

HANGZHOU, China, Dec. 1, 2023 /PRNewswire/ -- November 23rd, SUPCON (688777.SH, SUPCON.SW) held the 30th Anniversary celebration event themed "Embracing the New Horizon, Towards the Shared Future" at the Hangzhou Olympic Sports Center. The event witnessed the gathering of over 6,000 SUPCON group members sharing the joy of three decades of remarkable achievements. More than 100,000 global spectators participated in the online livestream.

Key Points: 
  • HANGZHOU, China, Dec. 1, 2023 /PRNewswire/ -- November 23rd, SUPCON (688777.SH, SUPCON.SW) held the 30th Anniversary celebration event themed "Embracing the New Horizon, Towards the Shared Future" at the Hangzhou Olympic Sports Center.
  • The event witnessed the gathering of over 6,000 SUPCON group members sharing the joy of three decades of remarkable achievements.
  • "Looking ahead, the future is full of uncertainty," he said, "however, I hope SUPCON would make certain to persist in five key aspects: Create value for customers and society.
  • Today, SUPCON stands as a public and global entity, continuously embracing new challenges alongside industrial partners and nearly 30,000 process industry clients.

WPC Energy Marks the End of a Successful 24th World Petroleum Congress in Calgary

Retrieved on: 
Thursday, September 21, 2023

CALGARY, Alberta, Sept. 21, 2023 (GLOBE NEWSWIRE) -- The 24th World Petroleum Congress (WPC) has come to a close after five days of engaging conversations centered on the theme “Energy Transition: The Path to Net Zero”.

Key Points: 
  • CALGARY, Alberta, Sept. 21, 2023 (GLOBE NEWSWIRE) -- The 24th World Petroleum Congress (WPC) has come to a close after five days of engaging conversations centered on the theme “Energy Transition: The Path to Net Zero”.
  • “The 24th WPC has been an incredible success,” said Denis Painchaud, President & CEO, OCAN.
  • “WPC Energy’s vision is to facilitate an open dialogue around oil, gas, energy and its products with participation from around the world.
  • To stay connected to WPC Energy and updates regarding the 25th WPC in Riyadh in 2026, please visit www.world-petroleum.org .

Saudi Arabia Signs Official MOU to Host and Organize the 25th World Petroleum Congress

Retrieved on: 
Thursday, September 21, 2023

CALGARY, Alberta, Sept. 20, 2023 (GLOBE NEWSWIRE) -- WPC Energy, formerly World Petroleum Council, announced this week the official MOU signed by HRH Prince Abdulaziz Bin Salman Al Saud, Minister of Energy Saudi Arabia and WPC Energy President Pedro Miras.

Key Points: 
  • CALGARY, Alberta, Sept. 20, 2023 (GLOBE NEWSWIRE) -- WPC Energy, formerly World Petroleum Council, announced this week the official MOU signed by HRH Prince Abdulaziz Bin Salman Al Saud, Minister of Energy Saudi Arabia and WPC Energy President Pedro Miras.
  • The MOU signing officially passes organizing privileges of the World Petroleum Congress to Saudi Arabia who will be hosting the 25th edition in Riyadh in 2026.
  • In addition to this signing, the World Petroleum Council officially unveiled its new branding at a name-changing ceremony during the opening ceremonies of the 24th World Petroleum Congress (WPC).
  • Thursday, September 21 is the final day of the 24th World Petroleum Congress.

24th World Petroleum Congress Kicks Off in Calgary

Retrieved on: 
Monday, September 18, 2023

CALGARY, Alberta, Sept. 18, 2023 (GLOBE NEWSWIRE) -- The 24th World Petroleum Congress (WPC) officially kicks off today, bringing thought leaders from across the global energy industry to Calgary, AB.

Key Points: 
  • CALGARY, Alberta, Sept. 18, 2023 (GLOBE NEWSWIRE) -- The 24th World Petroleum Congress (WPC) officially kicks off today, bringing thought leaders from across the global energy industry to Calgary, AB.
  • “On behalf of the WPC Organising Committee for Canada, I am thrilled to officially welcome the world to Calgary for the 24th World Petroleum Congress,” said Denis Painchaud, President & CEO, Organising Committee for Canada (“OCAN”).
  • Additionally, a name-changing ceremony took place to officially mark the World Petroleum Council’s transition to its new name, WPC Energy, which was announced earlier this summer.
  • He is only the twelfth recipient of the Dewhurst Award in the nearly 90-year history of the World Petroleum Council.

Calgary Makes Final Preparations to Host the 24th World Petroleum Congress

Retrieved on: 
Tuesday, September 12, 2023

CALGARY, Alberta, Sept. 12, 2023 (GLOBE NEWSWIRE) -- The energy in Calgary is palpable as the 24th World Petroleum Congress (WPC) is set to commence on September 17, 2023.

Key Points: 
  • CALGARY, Alberta, Sept. 12, 2023 (GLOBE NEWSWIRE) -- The energy in Calgary is palpable as the 24th World Petroleum Congress (WPC) is set to commence on September 17, 2023.
  • The Organising Committee for Canada (“OCAN”) is putting the finishing touches on the Congress as global interest in this significant energy event continues to build.
  • “We are looking forward to extending a warm Calgary welcome to participants from around the world,” says Denis Painchaud, President & CEO, OCAN.
  • With limited spots remaining, do not miss your chance to be a part of the 24th World Petroleum Congress, taking place September 17 – 21, 2023.