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CGTN: China, ASEAN join hands to write new chapter in regional integration

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BEIJING, CHINA – Media OutReach Newswire – 28 October 2025 – CGTN published an article about Chinese Premier Li Qiang attending a series of leaders’ meetings on East Asian cooperation. Highlighting the successful partnership between China and ASEAN and the planned upgrade of the China-ASEAN Free Trade Area, the article emphasized that the China-ASEAN relationship has become the most successful and vibrant cooperation model in the Asia-Pacific and a prime example of building a community with a shared future for humanity.

As Chinese and the Association of Southeast Asian Nations (ASEAN) leaders gather in Kuala Lumpur, Malaysia, a planned upgrade of the China-ASEAN Free Trade Area comes into the spotlight. This year, the two sides will formally sign the China-ASEAN Free Trade Area (CAFTA) 3.0 Upgrade Protocol to advance regional economic integration and global trade.

Since its launch in 2010, CAFTA has promoted the deep integration of the China-ASEAN economic and trade cooperation, injecting strong momentum into regional economic stability and growth and bringing tangible benefits to the people.

The China-ASEAN relationship has grown into the most successful and vibrant model for cooperation in the Asia-Pacific and an exemplary effort in building a community with a shared future for humanity, Chinese President Xi Jinping once stressed.

As each other’s largest trading partners for the fifth consecutive year, China and ASEAN have achieved numerous milestones amid rising external uncertainties.

Addressing the fifth Regional Comprehensive Economic Partnership (RCEP) Leaders’ Meeting in Kuala Lumpur on Monday, Chinese Premier Li Qiang said China will continue to support ASEAN centrality and, together with all parties, safeguard the stability of the regional multilateral trading system, calling for achieving more practical outcomes in RCEP cooperation and creating a bright future of shared prosperity.

Expanded cooperation

In recent years, under the strategic guidance of leaders from both sides, China and ASEAN countries have deepened practical cooperation across various fields. Economic and trade exchanges have maintained strong momentum, with trade volume and investment cooperation continuing to expand.

Bilateral trade value has soared from less than $8 billion in 1991 to nearly one trillion dollars in 2024. In the first three quarters of this year, China’s total imports and exports with ASEAN were valued at 5.57 trillion yuan (about $785 billion), an increase of 9.6 percent year on year.

With platforms such as the China-ASEAN Expo and the China International Import Expo, specialty products from ASEAN countries, including Cambodian rice, Thai latex pillows and Lao beer, have continued to enter the Chinese market. Meanwhile, Chinese products such as new energy vehicles, machinery equipment and electronic appliances have also made their way into ASEAN countries.

Numerous infrastructure projects, such as the Jakarta-Bandung High-Speed Railway and the China-Laos Railway, are having a positive impact across the region, enhancing connectivity and reducing logistics costs.

Openness and cooperation are valuable experiences explored and accumulated through practice and should be cherished and carried forward at all times, Li said during the 28th ASEAN Plus Three Summit in Malaysia.

Deeper regional integration

Standing at a new starting point, the region is broadening collaboration on infrastructure, digital and green transition, trade facilitation and people-to-people exchanges, paving the way for deeper regional integration. Notably, emerging fields such as digital economy, artificial intelligence, electric vehicles and clean energy are adding to the mutually beneficial cooperation between China and ASEAN.

In Vietnam, Chinese-made agricultural drones are helping farmers spray pesticide, making their work easier and safer. Meanwhile, at Laem Chabang port in Thailand, China’s electric and self-driving trucks have become reliable partners for the port workers. In Indonesia, the Cirata floating solar power plant, built by a Chinese company, has boosted the country’s renewable energy supply.

According to China’s Ministry of Commerce, CAFTA 3.0 will introduce nine new chapters, covering areas such as the digital economy, the green economy and supply chain connectivity. These new chapters are expected to help China and ASEAN promote broader and deeper regional economic integration under new circumstances and facilitate the integration of their industrial and supply chains.

Li urged continued commitment to resolving differences through dialogue and consultation, upholding free trade and the multilateral trading system, opposing all forms of protectionism, and steadily advancing regional economic integration.

 

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

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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.

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

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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.

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