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China’s First AI Standardization Research Institute Established in Beijing E-Town

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Artificial Intelligence

BEIJING, CHINA – Media OutReach Newswire – 28 August 2024 – On August 25th, at the Artificial Intelligence Empowering Future Industries and Organizational Development Forum during the World Robot Conference 2024 (WRC 2024), China’s first artificial intelligence standardization research institute—Beijing Artificial Intelligence Standardization Research Institute—was officially inaugurated in the Beijing Economic-Technological Development Area (also known as Beijing E-Town). The unveiling ceremony was attended by Gao Niandong, Deputy Director of the Beijing Standardization Committee and Secretary of the Party Leadership Group as well as Director of the Beijing Municipal Administration for Market Regulation; Yang Jianjun, Party Secretary and Deputy Director of the China Electronics Standardization Institute; Su Jun, Director of the Tsinghua University Think Tank Center, Director of the Institute of Intelligent Society Governance, and Director of the Tsinghua University Science and Education Policy Research Center; and Zhang Qiang, Party Working Committee Secretary of Beijing E-Town.

Artificial intelligence, as a foundational and strategic technology leading the new wave of technological revolution and industrial transformation, is a crucial engine for developing new quality productive forces. Promoting the standardization of the AI industry is of great significance in advancing technological progress, empowering enterprise development, leading industrial upgrades, and enhancing global competitiveness. With a forward-looking approach, Beijing E-Town has taken the lead in actively promoting the establishment of the Beijing Artificial Intelligence Standardization Research Institute. This institute aims to leverage the city-level engineering experimental platform for AI, supporting enterprises in their intelligent transformation, creating a standardized industry ecosystem, empowering global industry leadership, and contributing “Beijing Power” and “China Solutions” to the world AI industry.

The Beijing Artificial Intelligence Standardization Research Institute will focus on conducting full-chain standardization research in key areas such as cutting-edge AI technologies, industry application scenarios, and risk prevention and governance. The institute will concentrate on foundational support and key technologies, conducting standard research in areas such as computing power, algorithms, and data. It will also address potential risks to social governance brought about by AI development, including ethics and access issues, ensuring AI is safe, reliable, and controllable. Additionally, the institute will focus on building benchmark application scenarios, continuously advancing the standardization of AI products and industry applications, particularly in the robotics sector. Leveraging the Beijing Embodied Intelligence Robot Innovation Center, it will establish an open, collaborative, and innovative technology system, iteratively launch iconic innovative products, strengthen top-level design, address common issues among innovation entities, and drive the standardization of the embodied intelligence industry. The institute will further expand its standard output in vertical industries such as robotics and autonomous driving by using these key scenarios as samples.

In terms of serving industrial development and supporting enterprise growth, the Beijing Artificial Intelligence Standardization Research Institute actively promotes the mutual promotion of standardization levels and industrial innovation, providing multiple services to empower enterprise development. For instance, the institute offers an AI interoperability standard and evaluation platform that provides one-stop services such as data resources, algorithm models, testing, key standards, and industry solutions for industry chain enterprises. It also guides enterprises in participating in AI standard development at international, national, industry, and group levels, assisting in the application for national and municipal AI benchmark projects. The institute is developing a set of rules for selecting benchmark demonstration projects, guiding enterprises in exploring and practicing AI. “This will help enterprises better understand the market, more efficiently aggregate research and production elements, strengthen enterprise technological innovation, and synchronize the development of standards, technology research, and products, bringing new vitality and a new engine to enterprise development,” said Gao Feng, Chairman of Beijing Shenzhou Guangda Technology Co., Ltd., an AI enterprise in Beijing E-Town.

Currently, Beijing E-Town is striving to build a citywide AI hub, creating an innovation system that integrates algorithm breakthroughs, model development, scenario creation, and industrial transformation, deeply integrating AI technology with the construction of E-Town and industrial upgrading. Focusing on “large models + big data + high-performance computing power,” Beijing E-Town has established a high-performance computing cluster, building Beijing’s largest and the nation’s leading AI public computing platform with 5000P high-performance intelligent computing power already in use, and a planned computing power scale exceeding 10,000P. The area is also constructing Beijing AI Data Training Base, leveraging the Beijing Data Infrastructure Pioneer Zone to establish data aggregation platforms in areas such as healthcare, smart transportation, finance, and government services, creating a trusted data space with over 50 enterprises already settled in the training base. The region adheres to scenario applications driving AI technological innovation, releasing a quarterly AI application scenario list, encouraging joint technological breakthroughs and large model applications across various fields through a “list-based leadership” mechanism, and vigorously promoting “AI+” initiatives. This effort includes building benchmark demonstration application scenarios in ten key areas such as smart governance, autonomous driving, embodied intelligence, pharmaceutical health, and industrial manufacturing, with a total investment exceeding RMB 10 billion. Furthermore, focusing on the AI industry development ecosystem, the region is establishing the Beijing AI Application Scenario Research Institute, an open-source platform, and a full-chain investment platform while releasing supportive policies for the AI primary industry.

“Going forward, Beijing E-Town will seize the opportunities presented by the national AI innovation application pilot zone and the Beijing Data Infrastructure Pioneer Zone to support the Beijing Artificial Intelligence Standardization Research Institute in carrying out standard-setting, service, and event organization work, leading the development of the AI industry towards chain-based, cluster-based, and high-end development with high-quality standards,” said a relevant official from Beijing E-Town.

Energy

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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IsDBI

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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