HONG KONG, Oct. 30, 2024 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces its wholly owned subsidiary, CNOOC Africa Holding Ltd., has entered into the Exploration, Development & Production Contract (EDPC) with Midland Oil Company (Md.O.C) for Block 7 in the Republic of Iraq. The contract was signed for Block 7, which is mainly located in Province Diwaniyah, with an area of 6,300 square kilomet

BALI, Indonesia, Oct. 29, 2024 /PRNewswire/ -- Nestled deep within Ubud's tranquil jungle, The Kayon Jungle Resort is the ultimate romantic hideaway for couples seeking luxury, privacy, and nature's embrace. This secluded 5-star resort offers an intimate sanctuary where love and luxury meet, perfect for honeymooners, anniversary celebrations, or romantic getaways. Every detail at The Kayon Jungle Resort is thoughtfully designed to create unforgettable memories for couples looking to reconne

BANGKOK, Thailand, Oct. 29, 2024 /PRNewswire/ -- TotalEnergies ENEOS has successfully completed the installation of a 1.8 megawatt-peak (MWp) floating solar photovoltaic (PV) system project in Thailand with S. Kijchai Enterprise, a Thailand-based manufacturer of wood-based panels. This is the second PV system that TotalEnergies ENEOS has installed for the company within 4 years and the first floating solar PV system for TotalEnergies ENEOS in Asia Pacific. With over 3,000 modules installed,

Hankook Tire announced on Tuesday that it has incorporated three types of carbon black, a byproduct of the combustion of various petroleum products, into tire production as part of its efforts to create a circular economy. Last year, Hankook Tire launched the Tire-to-Tire Circular Economy Model consortium together with HD Hyundai Oilbank and HD Hyundai OCI to upcycle waste tires and develop carbon black. HD Hyundai Oilbank sources recovered carbon and pyrolysis oil, or bio-oil, from end-of-life

President Yoon Suk Yeol said Tuesday that North Korea's troop deployment in Russia constituted security threats to both South Korea and the world, denouncing what he calls "illegal" military cooperation between Pyongyang and Moscow. Yoon made the remark during a Cabinet meeting amid North Korea's deployment of its troops in western Russia, with all signs suggesting that the North's troops may soon be ready for battlefield deployment against Ukraine forces. "This ill

HONG KONG, Oct. 28, 2024 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces its operating results for the third quarter of 2024. In the first three quarters of 2024, CNOOC Limited continued to increase its reserves and production, while effectively controlling costs and enhancing efficiency. Net production and net profit rose remarkably year over year ("YoY"), both hitting record highs fo

SEOUL, Oct. 27-- South Korea's presidential office on Sunday held a meeting to discuss the economic impact of Israel's recent attack on Iran, and measures to protect and evacuate its nationals in the Middle East in the event of an emergency. Early Saturday, Israel's military conducted strikes against various targets in Iran, including missile manufacturing facilities, in response to Iran's missile attack earlier this month, according to foreign media reports. The office of

Upon receiving an affogato order, the three-jointed arm of barista robot Porty readies the portafilter and locks it into the coffee grinder. After extracting a fresh shot from the espresso machine, Porty pours it over a cup of ice cream, prepared by fellow robot, Mixie. When there are no visitors, the duo reportedly spend their time dancing to the cafe's background music. Mixie and Porty are the only servers at Better Than Yours, a fully automated cafe in Seongsu, eastern Seoul. Together,

Unveiling the theme 'Investing in a Rapidly Transforming Region'- the invitation-only forum is set to welcome ministerial and business leaders from across the most powerful economies in the world MANAMA, Bahrain, Oct. 25, 2024 /PRNewswire/ -- Bahrain is gearing up to host the second edition of Gateway Gulf, which is scheduled for November 3 and November 4, 2024, at the Four Seasons Hotel, Bahrain Bay. Held under the timely and relevant theme of 'Investing in a Rapidly Transforming Region,' the

SK Innovation said Thursday that three of its key subsidiaries -- SK Energy, SK Geocentric and SK IE Technology -- have appointed new company heads with technological expertise to tackle business uncertainties and strengthen core competitiveness. The announcement comes eight days before the mega-merger of SK Innovation and SK E&S, two major energy affiliates of SK Group, which will create Korea’s largest energy giant with combined assets of 100 trillion won ($723.6 billion). The newly

Why have some countries grown rich and others not? The three winners of this year’s Nobel Prize in Economic Sciences -- Daron Acemoglu, Simon Johnson and James A. Robinson -- offer a simple answer: institutions. Countries with “inclusive” institutions -- which underpin an open society, accountable government, economic freedom and the rule of law -- do better than those with “extractive” institutions that reward those in power. The World Bank’s institutional qu

ULSAN -- The construction site of S-Oil’s Shaheen project at its Onsan plant in Ulsan showed little to no activity Tuesday afternoon. Although the day’s workflow had seemingly stopped due to heavy downpours in the morning, the officials from S-Oil and Hyundai Engineering & Construction said the building process of the Shaheen project had already reached 40 percent completion. “Four major construction firms -- Hyundai E&C, Hyundai Engineering, Lotte E&C and DL E&

The state-run Korea Electric Power Corporation decided Wednesday to raise industrial electricity rates by an average of 9.7 percent from Thursday, prompting immediate complaints among local businesses already reeling from rising costs and unfavorable foreign exchange rates. "The government and Kepco had no choice but to comprehensively consider the ongoing difficulties faced by the public and small business owners, as well as an economic situation in which consumer sentiment has not yet rec

Kavalan presents American ex-Bourbon and Spanish Oloroso Sherry from the 2009 vintage year. TAIPEI, Oct. 22, 2024 /PRNewswire/ -- Taiwan's premier distiller Kavalan is proud to announce the launch of its "15th Anniversary" Limited Edition Whisky Duo, the brand's oldest whiskies to date. Kavalan Unveils Limited ‘15th Anniversary’ Vintage Whisky Duo "In commemoration of this special anniversary, our team selected exceptional quality Spanish Oloroso Sherry and Ameri

HONG KONG, Oct. 22, 2024 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces today that Xijiang 30-2 Oilfield Xijiang 30-1 Block Development Project commenced production ahead of schedule. The project is located in eastern South China Sea, with an average water depth of about 98 meters. The main production facilities include a new drilling production platform, with 23 development wells planned to be commi