Connect with us
Anglostratits

Business

China-India ties at 75: ‘Dragon-Elephant Tango’ will benefit both

Published

on

diplomatic relations

BEIJING, CHINA – Media OutReach Newswire – 3 April 2025 – CGTN published an article on China-India relations as the two Asian neighbors celebrate the 75th anniversary of the establishment of diplomatic relations, exploring the bilateral cooperation and exchanges and emphasizing why working together will benefit both countries, the region and the world.
China and India celebrated the 75th anniversary of the establishment of diplomatic relations on Tuesday with mutual congratulatory messages from their leaders.

In his message to Indian President Droupadi Murmu, Chinese President Xi Jinping described China-India ties as the “Dragon-Elephant Tango,” symbolizing a harmonious partnership between the countries’ emblematic animals. He noted that realizing the “Dragon-Elephant Tango” is the right choice for the two sides, as it serves the fundamental interests of both countries and their peoples.

China-India relations have made positive strides over the past year. Last October, President Xi and Indian Prime Minister Narendra Modi met in Kazan, Russia, signaling a new phase of engagement. Since then, both sides have worked to implement the important consensus reached by the two leaders, strengthening exchanges at various levels and achieving a series of positive outcomes.

‘Partners of mutual achievement’

Noting that China and India, as ancient civilizations, major developing countries and important members of the Global South, are both at a critical stage of their respective modernization efforts, Xi called on the two sides to be partners of mutual achievement.

In an interview with CGTN, Harsh Pant, vice president for Studies and Foreign Policy at the leading Indian think tank Observer Research Foundation, pointed out that the two major economies should engage with each other much more substantively on economic matters amid simmering global trade tensions.

“If they continue to work according to the principles of free and open global trade, I think that can inspire other countries to do the same,” he noted.

He added the cooperation between the two sides could bring long-term sustainability to the current global economic order.

China reclaimed its position as India’s top trading partner last year, surpassing the United States after a two-year gap, according to the latest report from the Global Trade Research Initiative. Bilateral trade between the two Asian giants reached $118.4 billion in 2024, reflecting a four-percent increase from $113.8 billion in 2023.

Both countries have leveraged their strengths in technology and production. While China remains a vital supplier of industrial goods such as electronics, machinery and chemicals, it imports pharmaceuticals, agricultural products and software services from India.

Beyond trade, cultural exchanges have also played a vital role in strengthening ties. In January, China and India agreed to resume direct passenger flights and take steps to facilitate travel and journalist exchanges.

In the first quarter of this year, around 70,000 visas were issued, representing about a 15-percent year-on-year increase, according to Chinese Ambassador to India Xu Feihong.

‘Sound, steady development’ of ties

President Xi called on both sides to enhance strategic mutual trust, strengthen exchanges and cooperation in various fields, deepen communication and coordination in major international affairs, jointly safeguard peace and tranquility in the China-India border area, promote a sound and steady development of bilateral relations, and contribute to world peace and prosperity.

In a recent interview, Modi emphasized the need to strengthen ties with China despite past tensions, advocating dialogue over discord and cooperation over conflict.

Recent months saw frequent exchanges between the two sides at all levels. Chinese Foreign Minister Wang Yi and Indian External Affairs Minister Subrahmanyam Jaishankar met several times at multilateral events. The two countries held the 23rd meeting of Special Representatives for China-India Boundary Question in Beijing in December, 2024, as well as China-India Vice Foreign Minister-Foreign Secretary Dialogue in January, reaching broad consensus on bilateral relations, practical cooperation, and boundary issues.

Ambassador Xu noted that such frequent and constructive interactions have been rare in recent years, signaling that China-India relations are at a crucial stage of improvement and development. Moving forward, both sides will need to further overcome obstacles, remove disruptions, and take proactive steps to sustain and build on this positive momentum, he said.

https://news.cgtn.com/news/2025-04-02/Why-realizing-Dragon-Elephant-Tango-is-right-choice-for-China-India-1Cf7KsMpJiU/p.html

Business

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

Published

on

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.

 

Continue Reading

Business

Beyond Stabroek: Guyana’s Offshore Basin Attracts New Wave of Exploration Investment

Published

on

Etu Energias

As ExxonMobil advances appraisal activity in Stabroek and new operators target frontier acreage, Guyana is attracting global capital and building a diversified offshore portfolio designed to sustain long-term growth

GEORGETOWN, Guyana, August 7, 2026/APO Group/ –Guyana’s transformation into one of the world’s fastest-growing oil producers is entering a new phase, with a growing network of IOCs expanding exploration activity across the country’s offshore basin. Beyond the landmark discoveries that first put Guyana on the global energy map, new drilling campaigns and licensing partnerships are creating a broader exploration ecosystem designed to support long-term production growth.

At the center of this momentum is ExxonMobil’s continued exploration and appraisal activity in the prolific Stabroek Block. The company has submitted a proposal for a 35-well exploration and appraisal drilling campaign, expected to run from 2028 through 2033, pending regulatory approval. The program would build on more than 30 commercial discoveries already made in the block, with drilling activity focused on evaluating new prospects and appraising existing discoveries to support future development opportunities.

Exploration activity is also extending into Guyana’s frontier acreage, with ExxonMobil advancing drilling operations at the deepwater Canje Block. The company has deployed the Noble Stena Carron drillship for exploration activity, highlighting continued industry interest in evaluating Guyana’s underexplored offshore potential beyond the established Stabroek Block.

Guyana’s strong exploration outlook comes as the country’s economy continues to benefit from rapid oil sector expansion, with hydrocarbons expected to remain a key driver of exports, government revenues and economic growth. As production scales up, attracting additional investment across exploration, services and infrastructure will be critical to supporting the next phase of development.

That momentum is being reinforced through partnerships established under Guyana’s 2023 offshore licensing round. A consortium comprising TotalEnergies, QatarEnergy and Petronas is advancing exploration activities in Block S4 under a five-year production sharing agreement signed with the government in late 2025. The award represents one of the first major outcomes of the licensing round and demonstrates continued international confidence in Guyana’s offshore resource potential.

Beyond the largest operators, a diverse group of companies is also expanding activity across Guyana’s offshore basin. Eco Atlantic is advancing exploration at the Orinduik Block; CGX Energy and Frontera Energy are progressing work in the Corentyne Block; Occidental is evaluating opportunities in the Roraima Block; while Ratio Guyana and Cataleya Energy hold interests in the Kaieteur Block. Together, these partnerships are broadening Guyana’s exploration landscape, increasing competition for acreage and creating opportunities for future discoveries.

As Guyana transitions from an emerging producer to a global energy hub, the next challenge will be converting exploration success into sustainable investment, local value creation and regional growth. These opportunities will be explored at Caribbean Energy Week 2027, held under the theme “Unlocking the Caribbean Energy Corridor: Oil, Gas, LNG & Investment for a New Global Hub.” Bringing together governments, IOCs, investors and technology providers, the event will examine how Guyana’s expanding partnerships can accelerate offshore development, strengthen regional energy cooperation and attract the capital needed to support the Caribbean’s evolving energy landscape.

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

Continue Reading

Business

Energy Capital & Power Establishes London Entity, Expanding Global Platform for Energy and Mining Events

Published

on

Energy

The move strengthens ECP’s presence in the UK and Europe, and its ability to connect African and South American markets with global investors

LONDON, United Kingdom, August 6, 2026/APO Group/ –International events company Energy Capital & Power (ECP) (www.EnergyCapitalPower.com) has officially established its UK entity in London, marking a milestone in the company’s growth strategy and reinforcing its ability to deliver world-class energy and mining events and campaigns in the UK and Europe.

By establishing a presence in a key hub like London – the pre-eminent energy and mining finance center – ECP actively shapes the global energy conversation. The expansion positions ECP to better serve clients, partners and investors seeking to develop business opportunities between Africa, Europe, the Americas and energy markets worldwide.

Opening our UK company brings ECP closer to key investors in the global energy finance capital

The milestone comes as ECP strengthens its reach through a series of investment platforms that connect global capital to energy and mining projects. These include the Venezuela Energy Week London Showcase on July 30 – with over 300 delegates registered – and the annual Invest in African Energy Forum, held in Paris as the premier event connecting global investors to Africa’s energy transformation.

ECP hosts high level summits and investor conferences in leading energy and minerals producing countries in Africa and South America, including: Venezuela Energy Week; Angola Oil & Gas; MSGBC Oil, Gas & Power; African Mining Week; Libya Energy & Economic Summit; Congo Energy & Investment Forum; South Sudan Oil & Power; and Caribbean Energy Week. The company has hosted investor forums and supported licensing round roadshows in Houston, London and Paris since 2016.

“Opening our UK company brings ECP closer to key investors in the global energy finance capital,” states CEO James Chester. “Having a permanent presence in London further cements our footprint in Europe, enabling us to fulfil our mission to bring minerals and energy investment to diverse global markets.”

With teams located across Africa, Europe and the Americas, ECP has long-facilitated strategic engagement, market intelligence and industry convening, uniting investors with leading energy and mining projects.

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

Continue Reading

Trending