S-Oil CEO Al-Hejazi (right) poses for a photo with a child while making Songpyeon, a traditional Korean halfmoon-shaped stuffed rice cake, in collaboration with the Loveaid Foundation at the company’s headquarters in Mapo-gu, Seoul, on Thursday. With the help of international students from Saudi Arabia and children from the company child care facility, the CEO and 150 company officials prepared Songpyeon and gift bundles worth 60 million won ($44,800) for low-income households. Since 2007,

KUALA LUMPUR, Malaysia, Sept. 12, 2024 /PRNewswire/ -- Oil and Gas Asia (OGA), the leading industry event for the oil, gas, energy and petrochemicals sector in Southeast Asia, is set to welcome a pivotal gathering of energy professionals to its 20th edition from Sept 25 to 27 to advance the dialogue and investment opportunities in a green future.  The elevated interest this year includes the participation of OGSE companies from the region, global names and seven international pavilions

SEOUL, South Korea, Sept. 12, 2024 /PRNewswire/ -- Hanwha Aerospace, in collaboration with SK Enmove, has unveiled the world's first immersion cooling Energy Storage System (ESS), marking a significant step towards non-flammable battery technology. jwplayer.key="3Fznr2BGJZtpwZmA+81lm048ks6+0NjLXyDdsO2YkfE="   Hanwha Aerospace and SK Enmove showcase the mechanism of a non-flammable energy storage system to media members at Hanwha Group headquarters i

Shipbuilding rivals HD Hyundai and Hanwha Group are gearing up for Gastech 2024, the world’s largest energy sector exhibition, held from Tuesday to Sept. 20 in Houston. Attracting over 50,000 attendees and more than 800 companies, the event will spotlight the companies' eco-friendly shipbuilding and energy technologies. HD Hyundai will be represented by Vice Chairman Chung Ki-sun, along with a team from sales, R&D and engineering, to meet with business partners and corporate clien

MONTREAL and CAMPBELL, Calif., Sept. 12, 2024 /PRNewswire/ -- From ALL IN 2024: WEKA, the AI-native data platform company, and S&P Global Market Intelligence unveiled the findings of their second annual Global Trends in AI report. The global study, conducted by S&P Global Market Intelligence and commissioned by WEKA, surveyed over 1500 AI practitioners and decision-makers to understand the underlying trends influencing AI adoption and implementation. It also provides insights

US Secretary of State Antony Blinken and British Foreign Secretary David Lammy arrived in Kyiv on a joint visit Wednesday, as Ukraine presses the West to allow it to use long-range missiles against Russia. The top diplomats reached the Ukrainian capital by train from Poland hours after the US presidential debate during which Vice President Kamala Harris and former President Trump sparred over the 2 1/2-year war in Ukraine. Blinken traveled from London, where he accused Iran of providing Russia w

LANCASTER, Pa., Sept. 11, 2024 /PRNewswire/ -- NewEnergyBlue, the clean-technology designer of biomass refineries that turn agricultural waste into highly decarbonized biofuels and biochemicals, has finalized its purchase of Inbicon biomass-conversion technology from Ørsted, a renewable energy company based in Denmark. NewEnergyBlue's acquisition extends its scope of operations worldwide, includes ownership of Inbicon's international patent portfolio, and conveys global licensing rig

HONG KONG, Sept. 10, 2024 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces today that it has drilled a natural gas well in the ultra-deepwater Liwan 4-1 structure in the Pearl River Mouth Basin. The well was tested to produce 430,000 cubic meters per day of absolute open flow natural gas, marking the first major exploration breakthrough in ultra-deepwater carbonate rocks offshore China. The well i

THE BRAND'S FIRST-EVER WOMEN'S FRAGRANCE COLLECTION CAPTURES THE TRUE ESSENCE OF WANDERLUST NEW YORK, Sept. 5, 2024 /PRNewswire/ -- Today, leading international travel and lifestyle brand TUMI introduces its first-ever women's luxury fragrance collection, TUMI EXPERIENCE COLLECTOR, expanding on its men's fragrance collection. Consisting of four unique and irresistible scents inspired by four distinct locations around the world, this collection captures the true essence of wanderlust. While e

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It is fortunate for South Korea to see inflation fall to its intended level last month. The consumer price index, a broad-based measure of prices for goods and services, rose 2 percent on-year in August, according to Statistics Korea, Tuesday. It was the lowest increase in 41 months since March 2021 when it edged up 1.9 percent. The Bank of Korea finally met its inflation target of 2 percent. Above all, it is encouraging that Korea reached the 2-percent mark earlier than the US and eurozone, who

RIYADH, Saudi Arabia, Sept. 5, 2024 /PRNewswire/ -- The International Monetary Fund (IMF) issued a positive report on the Kingdom of Saudi Arabia following the conclusion of the Article IV consultations with Saudi Arabia. The IMF report confirmed that Saudi Arabia's financial and regulatory reform agenda contributed to accelerating the Saudi economy's growth, containing inflation, and reducing the unemployment rate to its lowest levels ever. The IMF praised the ongoing economic transformation an

HONG KONG, Sept. 4, 2024 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces today that Wushi 17-2 Oilfields Development Project has commenced production. The project is located in Beibu Gulf, with an average water depth of approximately 28 meters. The main production facilities include a new wellhead platform and an oil and gas processing terminal. A total of 43 development wells are planned to be commis

South Korea may be nearing the end of its fight against inflation, as the rate of rising prices eased to the 2 percent target last month, backed by a retreat in the prices of international crude oil and farm produce, data showed Tuesday. The Consumer Price Index, a key gauge of inflation, advanced 2 percent on-year last month, according to Statistics Korea. It was the lowest advance since 1.9 percent in March 2021. CPI inflation, which remained at 1.9 percent in March 2021, reached its peak at 6

The Fund will continue to support grantees in scaling their technology-led climate change solutions, while the Lab will enhance visibility and capacity building for grantees from SSF 1.0 and 2.0 SINGAPORE, Sept. 2, 2024 /PRNewswire/ -- AVPN, the largest network of social investors in Asia, announced the grantees of the APAC Sustainability Seed Fund (SSF) 2.0, which is a USD 5 million catalytic initiative supported by Google.org, and the Asian Development Bank (ADB), as the strategic and outr