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2025 CIFTIS: Green technology empowers global trade in services

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BEIJING, CHINA – Media OutReach Newswire – 15 September 2025 – Global trade in services is accelerating its shift toward greener and smarter development, with green technologies and environmental solutions emerging as new growth drivers and creating broader opportunities for international cooperation.

At the ongoing China International Fair for Trade in Services (CIFTIS) in Beijing, new-type energy storage technology, interactive waste-sorting bins, unmanned weed-cutting boats, and a range of other green products and services have attracted wide attention.

Beistar CZ, a Czech company making its debut at CIFTIS, showcased an energy storage technology that converts surplus grid electricity into thermal energy, storing it inside a unit filled with hot air and high heat-resistant material, at a cost about one-fiftieth that of battery storage.

George Jermakov, technology director at Beistar CZ, said he hopes the technology would be “used and useful” in China. “There are no greater opportunities anywhere in the world than in China,” he added, noting that he was impressed by the country’s open business environment, with CIFTIS serving as a good example.

Jermakov also highlighted China’s strong push for sustainability. “There is a great wave in China to go green,” he said. “Many steps have been taken by the government and the people, and they are moving faster and faster toward their goals.”

The 2025 CIFTIS, held in Beijing from Sept. 10 to 14 with the theme “Embrace Intelligent Technologies, Empower Trade in Services,” has drawn nearly 2,000 on-site exhibitors. Participants include representatives from more than 20 of the world’s top 30 countries and regions in services trade.

TestraBin, developed by Australian company Sencity, is an interactive garbage-sorting bin. Equipped with three sensor-fitted slots for different types of waste, the bin is ringed with electronic screens that reward correct sorting with playful animations or digital content such as a basketball dropping through a hoop.

“In the past, a lot of money was spent on public campaigns to encourage people to sort their waste. This product makes the process interactive and fun,” said Wanchen Zhao, vice president of Sencity. “Every time we showcase it in China, people show great interest. Many see it as a glimpse of the next era, where everyday items are infused with more technology and interactivity.”

Chinese companies are also unveiling a wide range of homegrown green innovations at this year’s fair, underscoring the country’s dual role as a major market and an important source of technological solutions for the global green transition.

An unmanned street-sweeping vehicle developed by Beijing Environment Sanitation Group has attracted wide attention at the fair. Equipped with lidar, 360-degree cameras and ultrasonic radar, the vehicle can clean up to 6,000 square meters per hour, equivalent to the workload of six to eight workers.

The group, which provides integrated services ranging from public-space cleaning to waste collection, transportation and treatment, has offered consulting and technical support to countries including Mongolia, Pakistan, Laos, Bangladesh and Chad.

An unmanned weed-cutting vessel, equipped with sharp blades to clear aquatic plants, was also on display at the fair. A smart system embedded in the vessel simulates plant growth to identify the best time for removal, providing a modern solution for aquatic vegetation management.

“For a city of more than 20 million people like Beijing, many of these urban management solutions can be applied to cities elsewhere in the world,” said Chen Nan, a technician with the Beijing Water Science and Technology Institute, which developed the vessel.

Huatong Technology, a one-stop provider of zero-carbon industrial park solutions, also attracted attention at the fair. The Chinese company develops such parks by integrating renewable energy sources like wind, solar and biomass to boost green power use and clean transport, while retrofitting buildings, upgrading equipment and operating a central platform to monitor energy use and cut emissions.

With about 20 years of experience in energy saving and carbon reduction, Huatong Technology has completed over 10,000 projects in China across high-tech zones, industrial and logistics parks, as well as cultural and agricultural parks.

China’s services trade topped 1 trillion U.S. dollars for the first time in 2024. In the first seven months of 2025, it expanded 8.2 percent year on year to nearly 4.58 trillion yuan (about 644.9 billion U.S. dollars), official data showed.

Meanwhile, the trade structure has continued to improve, shifting away from reliance on traditional sectors such as logistics toward more value-added, knowledge-intensive and innovation-driven fields.

“China is at the forefront of major green technologies. It is the low-cost producer of wind, solar, long-distance power transmission and zero carbon power supplies,” said Jeffrey Sachs, chairman of the United Nations Sustainable Development Solutions Network, in a speech at the fair.

Sachs added that the world is facing the urgent challenge of environmental transformation and China can use its global capacity to accelerate the transformation.

 

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Venezuela Energy Week Confirms 19 August Date for Houston Industry Showcase

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Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the Houston Industry Showcase will take place on 19 August, convening U.S. energy leaders ahead of Venezuela Energy Week 2027 in Caracas

HOUSTON, United States of America, August 10, 2026/APO Group/ –The organizers of Venezuela Energy Week (VEW) have confirmed that the Houston Industry Showcase will take place on 19 August 2026 at The Post Oak Hotel. Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the event will bring together U.S. energy companies, investors and policymakers to explore commercial opportunities ahead of Venezuela Energy Week 2027 in Caracas in February.

The showcase will feature Minister of Hydrocarbons Paula Henao as a keynote speaker, providing an update on Venezuela’s energy priorities, investment agenda and opportunities for international partnership. Her participation underscores the country’s commitment to strengthening engagement with global industry as it seeks to expand production and unlock new upstream investment.

Bringing together exploration and production companies, independent operators, oilfield service providers, engineering firms, technology companies and financial institutions, the Houston Industry Showcase will examine opportunities across exploration, production optimization, infrastructure rehabilitation and field development.

As Venezuela works to increase oil and gas production, demand is expected to grow for the technical expertise of U.S. service providers in drilling, well intervention, completion services, production optimization, artificial lift, digital oilfield technologies and infrastructure rehabilitation. Houston-based industry leaders – including SLB, Halliburton, Baker Hughes, Weatherford and a broad network of EPC contractors, equipment manufacturers and specialized service companies – are well positioned to support the modernization of mature fields, improve operational efficiency and deliver the technologies and services needed for future upstream projects.

The Houston event follows a successful Industry Showcase in London, which brought together international investors, operators and energy service companies to explore Venezuela’s evolving investment landscape. Building on that momentum, the Houston edition will deepen engagement with the U.S. energy industry and strengthen commercial dialogue ahead of Venezuela Energy Week 2027.

Venezuela Energy Week – the country’s largest energy investment platform to date – has been confirmed for 22–25 February 2027 in Caracas. Organized by Energy Capital & Power, the event will bring together government leaders, investors and industry stakeholders from across the global energy value chain.

To register for the Houston Industry Showcase on August 19, visit https://apo-opa.co/4g0TncR. To learn more about delegate, sponsorship and partnership opportunities for the showcase or to secure your place at Venezuela Energy Week 2027 in Caracas, contact info@venezuelaenergyweek.com.

Supporting Venezuela’s Earthquake Recovery
Our thoughts are with the people and communities affected by the recent earthquakes in Venezuela. As the country begins the long process of recovery, we encourage members of the global energy community to support relief and reconstruction efforts through the CAF Recovery and Reconstruction Fund for Venezuela, which channels contributions from individuals, companies and organizations to emergency assistance, essential services and long-term rebuilding efforts.

To learn more or make a contribution, please visit the CAF Recovery and Reconstruction Fund for Venezuela (https://apo-opa.co/4hkvteE).

Distributed by APO Group on behalf of Energy Capital & Power.

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Islamic Development Bank Institute (IsDBI) Secures New Patent for Smart Stabilization System from Intellectual Property Office of Singapore

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The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility

JEDDAH, Saudi Arabia, August 10, 2026/APO Group/ –The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) is pleased to announce that the Intellectual Property Office of Singapore (IPOS) has granted a new patent for its innovative Smart Stabilization System.

 

The patent was granted on 10 July 2026 under Singapore Patent No. 10202250873B for the invention titled “A Computer Network Stabilization System and Method.” The patent application was filed on 1 September 2022 and was formally granted following a comprehensive review process.

This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility. Leveraging sophisticated algorithms and advanced simulation models, the system is designed to anticipate supply and demand imbalances and implement programmable stabilization measures before they escalate into market disruptions.

Unlike traditional stabilization mechanisms that rely on capital reserves, buffer funds, or external interventions, the Smart Stabilization System introduces a next-generation framework for achieving autonomous market stabilization through proactive and programmed stabilization mechanisms. By incorporating distributed ledger technology and cryptographic trust mechanisms, the platform enhances transparency, trust, and operational resilience for digital asset and commodity markets.

The successful patent grant reflects IsDBI’s growing contribution to technological innovation and its commitment to developing knowledge-based solutions that address contemporary economic and development challenges.

Since filing the patent application back in 2022, the Institute has continued to advance the Smart Stabilization System through ongoing development and testing, aimed to expand its practical applications and support future capitalization opportunities. These advancements have positioned the system as a potentially transformative solution for enhancing stability and resilience in increasingly digital and interconnected economies.

Commenting on this occasion, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said, “The grant of this patent by the Intellectual Property Office of Singapore further strengthens the Institute’s position as a leader in developing innovative knowledge-based solutions that leverage modern technologies to address complex development challenges. This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development.”

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

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Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

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The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins

HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.

Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.

Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.

At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.

The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.

As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.

Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.

Distributed by APO Group on behalf of Energy Capital & Power.

 

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