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HONG KONG, Jan. 20, 2025 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces that Dongfang 29-1 Gas Field Development Project has commenced production. The project is located in the Yinggehai Basin, with an average water depth of approximately 68 meters. The main production facilities include a new unmanned wellhead platform and a submarine pipeline. A total of 6 development wells are planned to be commissioned. The project is expected to achieve a peak production of 38 million cubic feet of natural gas per day in 2025. The new unmanned wellhead platform of the project is constructed in a standardized and integrated manner. The equipment layout has been optimized to make efficient use of platform space and significantly reduce project investment. The oil and gas produced will be connected to the existing facilities of Dongfang gas fields through the submarine pipeline for processing. In recent years, CNOOC Limited has been continually tapping the resource potentials of the Yinggehai-Qiongdongnan Basin, to fully utilize the existing production facilities and thereby reduce the development cost of new projects. The commissioning of Dongfang 29-1 will further release the production capacity of the Dongfang gas fields. The Company's offshore gas fields around Hainan Island will continue to provide clean, reliable and stable energy supply for the Island. CNOOC Limited holds 100% interest in this project and is the operator. — End — Notes to Editors: More information about the Company is available at http://www.cnoocltd.com. *** *** *** *** This press release includes forward looking information, including statements regarding the likely future developments in the business of the Company and its subsidiaries, such as expected future events, business prospects or financial results. The words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify such forward-looking statements. These statements are based on assumptions and analyses made by the Company as of this date in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that the Company currently believes are appropriate under the circumstances. However, whether actual results and developments will meet the current expectations and predictions of the Company is uncertain. Actual results, performance and financial condition may differ materially from the Company's expectations, including but not limited to those associated with macro-political and economic factors, fluctuations in crude oil and natural gas prices, the highly competitive nature of the oil and natural gas industry, climate change and environmental policies, the Company's price forecast, mergers, acquisitions and divestments activities, HSSE and insurance policies and changes in anti-corruption, anti-fraud, anti-money laundering and corporate governance laws and regulations. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements. The Company cannot assure that the results or developments anticipated will be realised or, even if substantially realised, that they will have the expected effect on the Company, its business or operations. *** *** *** *** For further enquiries, please contact: Ms. Cui LiuMedia & Public RelationsCNOOC LimitedTel: +86-10-8452-6641Fax: +86-10-8452-1441E-mail: mr@cnooc.com.cn Mr. Bunny LeePorda Havas International Finance Communications GroupTel: +852 3150 6707Fax: +852 3150 6728E-mail: cnooc.hk@pordahavas.com
SINGAPORE, Jan. 3, 2025 /PRNewswire/ -- PacificLight Power Pte Ltd (PLP) is delighted to announce that it has been awarded the right to build, own, and operate a hydrogen-ready Combined Cycle Gas Turbine (CCGT) facility on Jurong Island by the Energy Market Authority (EMA). Scheduled to commence operations in January 2029, this will be the largest single, and most efficient, state-of-the-art H-class, CCGT in Singapore, with capacity of at least 600MW. The new plant will play a critical role in strengthening Singapore's energy security, enhancing grid stability and advancing the nation's transition towards a low-carbon future. The new plant will be in addition to PLP's existing 830MW CCGT facility, that has been operating since 2014, and 100MW of Fast Start capacity, that is currently under construction and due to commence operations in Q2 2025. The plant, to be built on a greenfield site, will include a large-scale Battery Energy Storage System (BESS), fashioning the first CCGT unit integrated with BESS in Singapore. This underscores PLP's commitment to adopting cutting-edge solutions that enhance system stability while reducing operational costs and environmental impact. The plant will be capable of using at least 30% hydrogen at inception and will have the ability to burn 100% hydrogen in the future. The greenfield site on Jurong Island is sufficiently sized to accommodate a second CCGT unit as well as potential for future integration of Carbon Capture, Utilisation, and Storage (CCUS) technology, reinforcing PLP's dedication to long-term decarbonisation strategies. Commenting on the project, Mr. Yu Tat Ming, CEO of PacificLight Power, said: "We are honoured that EMA has selected PacificLight to deliver two critical projects: the 100MW Fast Start Project in April 2024 and now the right to develop a new power plant. By integrating hydrogen-ready and battery storage technologies, the new facility will position PacificLight to transition to a low-carbon future. We are committed to delivering the new plant safely and on schedule". About PacificLight PacificLight is a Singapore-based power generation and electricity retail company that has been operating since 2014 and generates close to 10% of Singapore's annual electricity demand. The company's power generation facility at Jurong Island is one of the most efficient and reliable combined cycle power plants operating in Singapore. The 830MW plant comprises of two blocks of natural gas fired, Combined Cycle Gas Turbine ("CCGT") generating units. PacificLight is currently constructing a 100MW Fast Start unit that is scheduled to commence operations in Q2 2025 PacificLight is owned by shareholders under First Pacific Group (www.firstpacific.com/) and Meralco PowerGen Corporation (www.meralcopowergen.com.ph/). Through its Sustainergy program, PacificLight actively supports its business customers to decarbonise through the installation of smart energy solutions and solar infrastructure. As part of PacificLight's drive to embrace a low-carbon future, the company is also developing a 600MW solar import project in a consortium with Medco Power Global Pte Ltd and Gallant Venture Ltd. from Bulan Island, Indonesia to Singapore.
GUYUAN, China, Dec. 20, 2024 /PRNewswire/ -- Recently, the State Grid Ningxia Electric Power Co., Ltd. Guyuan Branch has made remarkable achievements in optimizing the business environment and improving service efficiency, especially in the work of "effectively doing one thing", which has brought great convenience to the development enterprises in Pengyang County. Lao Lan, the representative of the development enterprise in Pengyang County, was deeply touched by this. On the first day of the acceptance of the project, Lao Lan went to the State Grid Ningxia Electric Power Co., Ltd. Guyuan Branch to apply for the power supply and installation business. To his surprise, the staff responded quickly, not only helped him launch the 'Water, electricity, gas and heating network' joint reporting and installation business, but also realized the efficiency and convenience of business processing through the "five-in-one" service model. Lao Lan only needed to apply once, and all the problems were successfully solved. Since the beginning of this year, the State Grid Ningxia Electric Power Co., Ltd. Guyuan Branch has attached great importance to the work of "effectively doing one thing" and has worked closely with the relevant departments of the Pengyang County Government to clarify the goals and tasks of power system access and government-enterprise cooperation. The company not only streamlined the business handling mechanism, but also cooperated with relevant departments in the government administration to jointly solve key and difficult problems such as pipeline excavation and design technology disclosure. At the same time, by optimizing internal system access and enhancing the capabilities of joint business personnel, the service quality has been further improved. Up to now, the power operation business of the State Grid Ningxia Electric Power Co., Ltd. Guyuan Branch has been fully connected to the government's "Ningxia Project Approval Management" system, and the joint business has been successfully carried out five times, truly realizing the one-time completion of the "joint installation of the Water, electricity, gas and heating network", saving a lot of time and energy for residents and enterprises. In the future, the State Grid Ningxia Electric Power Co., Ltd. Guyuan Branch will continue to implement the corporate tenet of "people's electricity industry for the people" and contribute to local economic development and customers' good life and electricity use.
Key Highlights: GHG emissions intensity reduced by 2.33% to 10.04 tonnes of CO2e per tonne of aluminium produced Global production increased by 2.75% to 111.2 million tonnes Total emissions remained approximately stable at 1,116 million tonnes CO2e Third consecutive year of production growth without commensurate emissions growth LONDON, Dec. 13, 2024 /PRNewswire/ -- New data from the International Aluminium Institute (IAI) shows continued progress in delivering global aluminium production growth without a corresponding increase in greenhouse gas emissions. Global aluminium production growth without a corresponding increase in greenhouse gas emissions. Greenhouse gas emissions from global aluminium production increased by only 0.36% in 2023, while aluminium production grew by 2.75%. Total greenhouse gas emissions from the aluminium industry peaked in 2020. The latest data shows that aluminium production increased from 108.2 million tonnes in 2022 to 111.2 million tonnes in 2023. On the other hand, Greenhouse gas emissions remained essentially stable at 1,116 million tonnes of CO2 equivalent (CO2e), compared to 1,112 million tonnes in 2023. The emissions from each tonne of aluminium production referred to as 'emissions intensity', fell by 2.33% in 2023 and has fallen by 11.5% since 2020. IAI Secretary General Miles Prosser said: "The latest data reinforces our confidence that the industry has reached a turning point, with metal production growth successfully decoupled from emissions growth. We are encouraged to see that the initiatives undertaken by IAI's member companies are enabling increased production without a significant rise in greenhouse gas (GHG) emissions. "However, while the stable emissions levels in 2023 reflect positive progress, they also serve as a stark reminder of the scale of the challenge ahead in reducing emissions. The industry's sustained efforts and substantial investments in emissions-reduction projects have laid a strong foundation, but more must be done. As an industry, we must find ways to deliver emissions reductions faster, deeper and broader across the industry." The aluminium industry remains a key enabler for many sectors looking to reduce their carbon footprint, such as the generation and distribution of clean energy, the transition to electric vehicles and the uptake of sustainable and recyclable packaging for food and drink. With the increasing demand for aluminium, the industry is making significant investments in reducing GHG emissions across the entire production value chain. The emissions intensity of aluminium production, including both primary metal and recycling, decreased from 10.28 tonnes of CO2e per tonne in 2022 to 10.04 tonnes of CO2e per tonne in 2023. The emissions intensity of primary aluminium production fell from 15.1 million tonnes of CO2e per tonne in 2022 to 14.8 tonnes of CO2e per tonne in 2023. Notes to Editors: The IAI provides comprehensive data on greenhouse gas emissions across the aluminium sector, covering: Bauxite mining Alumina refining Primary aluminium production Anode production Casting Aluminium recycling Semis production Internal scrap remelting This includes both direct emissions from industrial processes and indirect emissions from energy use, purchased auxiliary materials, and the transport of key ingredients, offering insights into the sector's environmental impact and progress in emissions reduction.
SINGAPORE, Nov. 18, 2024 /PRNewswire/ -- The landscape of blockchain technology is witnessing a significant transformation as multiple platforms rush to implement features first pioneered by the Internet Computer Protocol (ICP). Most recently, Sui's announcement of "reverse gas" - a feature ICP introduced in May 2021 - underscores a continuing trend of innovation adoption from the Internet Computer ecosystem. ICP: Pioneering the Future of Blockchain with Reverse Gas, Trustless AI and Revolutionary Chain Fusion Pioneering Technical Leadership "The Internet Computer has consistently led blockchain innovation, often years ahead of the market," states Aaron Ting, Co-founder, ICP Hub Singapore. "While others are just beginning to implement features we introduced in 2021, we're already delivering the next generation of blockchain technology - from trustless AI to true chain fusion." Revolutionary Firsts in Blockchain Technology: 1. Chain Key Cryptography (2021)** First implementation of threshold cryptography in blockchain Enables seamless network evolution without hard forks 48-hour update capability vs. traditional months-long processes Now being adapted by multiple Layer 1 protocols 2. Subnet Architecture & Scalability First truly horizontally scalable blockchain network Currently operating 38 subnets with sub-second finality Processes 11,500 TPS with optional immediate finality Infinite scalability through subnet creation 3. Native Web Integration First and only blockchain hosting full-stack applications Direct HTTP request handling without centralized servers Over 15,000 websites currently hosted on-chain 100% uptime since genesis Breakthrough in Trustless AI ICP stands alone as the only public blockchain capable of running AI models directly on-chain: First demonstration of on-chain neural networks Smart contract-based Large Language Models Zero reliance on external oracles or centralized services Real-time machine learning capabilities "While others talk about AI integration, ICP is the only platform actually running neural networks as smart contracts," explains Francis Hor, Tech Lead, ICP Hub Singapore. "This isn't about connecting to external AI - this is true, trustless, decentralized artificial intelligence." Revolutionary Chain Fusion ICP's chain fusion technology represents a paradigm shift in cross-chain interoperability: Direct Bitcoin integration without bridges Native Ethereum smart contract integration Threshold ECDSA signing capabilities Zero counterparty risk in cross-chain transactions Market Impact & Validation The technology's impact is reflected in its adoption metrics: 250,000+ smart contract installations 1,000+ active developers 99.99% network uptime Processing millions of transactions daily Looking Forward ICP continues to push the boundaries of what's possible in blockchain: Enhanced AI capabilities through upcoming protocol updates Expanded chain fusion with additional networks Advanced developer tools and frameworks Increased subnet specialization "While imitation validates our innovation, we remain focused on advancing the technology frontier," says Aaron Ting, Co-founder, ICP Hub Singapore. "The features others are implementing today represent just the beginning of ICP's technological roadmap." About Internet Computer Protocol The Internet Computer represents the third major breakthrough in blockchain technology, following Bitcoin and Ethereum. It introduces revolutionary concepts that fundamentally transform what's possible in decentralized computing, establishing new standards for scalability, speed, and functionality. Additional Resources Tech Docs, Developer Portal and AI Chatbot: https://internetcomputer.org/docs/current/home Network Statistics: https://dashboard.internetcomputer.org/ Follow ICP:Twitter: @dfinityGitHub: github.com/dfinity
第三季淨收益達12.4億美元，同比增長11%，超出市場預期 收入達到62.8億美元，連續第四個季度超越60億美元 第三季業績公佈之際，阿布達比國家石油公司天然氣部門董事會亦批准了最新增長策略 最新策略目標是在2029年前實現超過40%的EBITDA增長，並計劃投入150億美元資本支出 阿聯酋阿布達比2024年11月12日 /美通社/ -- 阿布達比國家石油集團天然氣公司「ADNOC Gas plc」及其附屬公司（統稱「ADNOC Gas」或「本公司」）（阿布達比證券交易所代碼：ADNOCGAS）（國際證券識別號碼ISIN：AEE01195A234）為世界一流的綜合天然氣處理公司，今日公佈2024年第三季強勁業績，淨收益同比增長11%，達到12.4億美元，超出彭博通訊社共識預期。 ADNOC Gas Delivers Strong Q3 Results; Board Approves Strategy Update 本公司第三季業績的公佈恰逢ADNOC Gas董事會批准了最新增長策略，該策略目標是在2029年之前實現超過40%的EBITDA增長，並為2025至2029年間設定最多150億美元的資本支出（CAPEX）。 ADNOC Gas行政總裁Ahmed Alebri博士表示：「我們的第三季業績充分證明了我們強勁的表現，而我們更新的策略則為業務未來發展奠定基礎，目標是在2029年之前實現超過40%的EBITDA增長。我們致力於透過雄心勃勃的增長計劃和預期每年5%的股息增長，為股東創造卓越的價值。 透過推進我們的項目並優化現有資產，我們將繼續支持阿聯酋的產業多元化，同時透過不斷擴展的基建設施，為本地客戶提供更多天然氣。」 Ahmed Alebri博士補充道：「此外，憑藉我們的脫碳計劃，我們將幫助滿足全球對低碳天然氣日益增長的需求，並將ADNOC Gas定位為全球可持續天然氣行業的領導者。」 第三季業績 ADNOC Gas第三季收入達62.81億美元，同比增長8%，連續第四個季度超過60億美元。業績增長主要受到銷售量上升以及出口交易液體價格環境改善的推動。EBITDA同比增長18%，達到22.05億美元，保持穩健的35% EBITDA利潤率。自由現金流為11.84億美元。 2024年前九個月，淨收益同比增長18%，達到36.2億美元。這主要歸因於出口交易液體和液化天然氣（LNG）量增長6.5%、銷售氣體同比增長4.5%，以及國內天然氣增長3.5%。前九個月的業績進一步得到液化石油氣（LPG）和液化天然氣（LNG）價格改善所推動。因此，2024年前九個月的EBITDA達到63.7億美元，同比增長18%。 策略更新 在阿聯酋，預計到2030年天然氣需求的年增長率將達到6%，而在首次公開募股（IPO）時預期為2%。這一需求的強勁增長將由更高的經濟活動、人口增長和工業擴張推動，並由人工智能數據中心和食品行業作為支撐。 為了參與這一新增需求增長，ADNOC Gas計劃將2025至2029年的資本支出從130億美元增加至150億美元，這將推動到2029年EBITDA增長超過40%。 所有ADNOC Gas項目均遵循嚴格的資本管控，這導致了ESTIDAMA管道網絡項目的轉交以及哈布尚二氧化碳回收（Habshan CO2 Recovery）項目的資金由ADNOC Group負責。這兩個項目將繼續由ADNOC Gas負責管理和營運。同時，液化天然氣2.0項目——達斯島（Das Island）的更新和擴建工程已被取消。 ADNOC Gas直到2029年的主要重點將是開發和交付三個正在建設中的大型項目（已完成最終投資決策，簡稱「FID」）。這些項目包括：乙烷回收與貨幣化最大化（Maximization of Ethane Recovery and Monetization，簡稱「MERAM」）項目，將提供每年高達340萬噸的乙烷和天然氣液體（NGL）生產能力；IGD-E2項目，將擁有每日3.70億標準立方英尺（mscfd）的天然氣處理能力；以及Ruwais LNG項目，將具備每年生產高達960萬噸液化天然氣（LNG）的能力。 更新的增長策略還推動了大型預投資決策（pre-FID）項目的設計和概念研究，以應對隨著ADNOC擴展上游生產能力，該公司天然氣處理能力的顯著提升，以及巴布氣田氣頂（Bab Gas Cap）項目，這些項目預計將在2029年後完成。 百萬美元 Q3 23 Q2 24 Q3 24 同比（%） 環比（%） Q3 24 對比 Q3 23 Q3 24 對比 Q2 24 收入 5,807 6,076 6,281 8 % 3 % 銷售成本（COGS） -3,466 -3,480 -3,581 3 % 3 % 營運開支（Opex） -479 -510 -495 3 % -3 % EBITDA（稅息折舊及攤銷前利潤） 1,863 2,086 2,205 18 % 6 % 淨收益 1,116 1,190 1,243 11 % 4 % 稅息折舊及攤銷前利潤率 32 % 34 % 35 % 303個基點 77個基點 淨收益利潤率 19 % 20 % 20 % 59個基點 21個基點 自由現金流 1,308 1,002 1,184 -9 % 18 % 策略微網站連結 ADNOC Gas簡介 *ADNOC Gas指的是阿布達比國家石油集團天然氣公司「ADNOC Gas plc」及其附屬公司（統稱「ADNOC Gas」或「本公司」）（阿布達比證券交易所代碼：ADNOCGAS）（國際證券識別號碼ISIN：AEE01195A234），為世界一流的綜合天然氣處理公司。我們覆蓋整個天然氣價值鏈，從接收來自ADNOC的原料（透過大型長壽命的天然氣處理和分餾設施）到將產品銷售給本地和國際客戶。ADNOC Gas供應約60%的阿聯酋銷售氣體需求，並為超過二十個國家/地區的最終客戶提供服務。如需了解詳情，請瀏覽：www.adnocgas.ae 投資者查詢，請聯絡：Christian Audi投資者關係部副總裁+971 (2) 6037366ir@adnocgas.ae 傳媒查詢，請聯絡：Colin Joyce企業傳訊部副總裁+971 (2) 6037444media.adg@adnoc.ae
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