JAKARTA, Indonesia, Oct. 17, 2024 /PRNewswire/ -- Minister of Trade Zulkifli Hasan officially closed the 39th Trade Expo Indonesia (TEI), organized by Debindo, on Saturday, (12/10), at the Indonesia Exhibition Center (ICE) Bumi Serpong Damai (BSD), Tangerang, Banten. Trade Minister Zulkifli Hasan revealed, until 12.00 WIB, TEI 2024 was able to record transactions reaching USD 22.73 billion. The transaction value consists of goods and services transactions worth USD 19.59 billion and in

HONG KONG, Oct. 17, 2024 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) wholly owned subsidiary, CNOOC Petroleum Brasil Ltda, has entered into 4 Concession Contracts for exploration blocks offshore Brazil with the Brazilian National Agency for Petroleum and the partners in the Pelotas Basin. The contracts were signed for a total of 4 blocks, S-M-1813 in the Santos Basin, P-M-1737/39/97 in the Pelotas Basin, ac

LONDON, Oct. 16, 2024 /PRNewswire/ -- The Copper Mark, Mining Association of Canada, ICMM and World Gold Council – Partners of the Consolidated Mining Standard Initiative (CMSI) – have published a draft consolidated standard, governance model, assurance process and related reporting and claims policy, and encourage stakeholders to provide their views during a 60-day public consultation. The vision for the Initiative is for a sustainable society, enabled by the responsible production,&nb

DUBAI, UAE, Oct. 16, 2024 /PRNewswire/ -- On October 14, Li Peng, Corporate Senior Vice President and President of ICT Sales & Service of Huawei, gave his speech at Huawei GITEX 2024, titled 'Thriving Together in the Intelligent Era': The digital economy is evolving into an intelligent economy. And it will soon become the main engine of global economic growth. Right now, companies around the world are working hard to build the capabilities they need to succeed in this new era.

JAKARTA, Indonesia, Oct. 16, 2024 /PRNewswire/ -- President Joko Widodo officially opened the 39th Trade Expo Indonesia (TEI), organized by Debindo at the Indonesia Convention Exhibition (ICE), Bumi Serpong Damai (BSD), Tangerang Regency, Banten on Wednesday (9/10). The largest international trade show in Indonesia with the theme "Build Strong Connection with the Best of Indonesia" will take place on October 9-12, 2024. President Joko Widodo symbolically played the angkl

SINGAPORE, Oct. 16, 2024 /PRNewswire/ -- Mintel, the experts in what consumers want and why, has today announced four key trends that will shape the global food and drink industry in the years ahead. In 2025 and beyond, expect to see more focus on blood sugar and hormone health, while food and drink will play an increasing role in mental health management. There will be an increase in diversified ingredient sourcing, while the humanisation of technology will be essential for consumers who are

OCI Global announces successful completion of the sale of its 50% equity interest in Fertiglobe to Abu Dhabi National Oil Company The transaction was valued at USD 3.62 billion on a cash-free debt-free basis (the "Purchase Price") and allows OCI to fully exit and monetize its entire equity stake in Fertiglobe The closing marks a significant milestone in OCI's strategy to unlock value for shareholders Mr. Ahmed El-Hoshy is re-appointed Chief Executive Officer of

AMSTERDAM, Oct. 15, 2024 /PRNewswire/ -- OCI Global (Euronext: OCI) ("OCI" or the "Company") announces today that it will pay an interim extraordinary distribution of EUR 14.5 per share in aggregate (USD 3.4 billion) following the successful completion of the sale of Iowa Fertilizer Company LLC ("IFCo") to Koch AG & Energy Solutions in August, and the successful completion of the sale of its shares in Fertiglobe (ADX: FERTIGLB) to Abu Dhabi National Oil Com

South Korea's state-run oil developer said Tuesday it has picked an adviser for the exploration of potential oil and gas reserves off the nation's East Sea. The Korea National Oil Corp has named S&P Global as the adviser for a project in the East Sea that could potentially uncover between 3.5 billion and 14 billion barrels of gas and oil. If confirmed, the quantity would be sufficient to meet the country's gas demand for up to 29 years and its oil demand for four years. The KN

DUBAI, UAE, Oct. 14, 2024 /PRNewswire/ -- As e& UAE prepares to make an impact at GITEX Global, the company's momentum is undeniable. Fresh off the heels of being crowned 'World's Fastest 5G Network' by Ookla, e& UAE is poised to showcase the cutting-edge innovations stemming from its state-of-the-art telco core.  CEO of e& UAE, Masood M. Sharif Mahmood, and CEO of e& life and e& international Khalifa Al Shamsi, with His Highness Sheikh Mohammed bin Rash

As this year marks the first anniversary of the death of Korean dansaekhwa master Park Seo-bo, galleries in Korea and abroad are commemorating his legacy by unveiling his last body of paintings and works that capture the artist created by Korean sculptor Gwon Osang. White Cube in New York will show Park’s “Newspaper Ecriture” for the first time, the final body of work created by the artist before his passing in 2023. The exhibition offers an opportunity to learn how the artist

BEIJING, Oct. 14, 2024 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has released the group's significant achievements in promoting high-quality development and supporting China's modernization process for the very first time at a special event on October 10th in Beijing, China. Sinopec Releases 10 Significant Achievements of High-Quality Development, Covering the Scopes in Energy Security, Industrial Development, Green and Low-Carbon Pro

AMSTERDAM, Oct. 11, 2024 /PRNewswire/ -- OCI Global (Euronext: OCI) ("OCI") today announced that the divestment of OCI's 50% + 1 share stake in Fertiglobe (ADX: FERTIGLB) ("Fertiglobe") to Abu Dhabi National Oil Company P.J.S.C. ("ADNOC") disclosed in December 2023, has received all required approvals and is expected to close on Tuesday 15 October 2024. Ahead of closing, a block trade will be initiated today, 11 October 2024 and is expected to settle on Tuesd

How can cities contribute to achieving carbon neutrality? According to Kim Young-rok, CEO of NineWatt, it is simpler than you might think. “When people think about energy efficiency, they often think of expensive, high-tech solutions,” Kim said. “But before you jump into cutting-edge technologies, the key is to optimize what’s already there -- the buildings you visit every day. The real question is: how do we do that efficiently?” Founded in 2019, NineWatt is a Kore

Seoul stocks finished marginally higher Thursday on overnight US stock gains amid a decline in international oil prices. The local currency fell against the US dollar. The benchmark Korea Composite Stock Price Index edged up 0.19 percent, or 4.8 points, to 2,599.16. Trading volume was heavy at 603 million shares worth 13.48 trillion won ($9.99 billion), with gainers outpacing losers at 442 to 423. Institutions sold a net 299.6 billion won, while foreign and retail investors together bought a net