[Cnooc and Petrobras signed a memorandum of cooperation] August 28 news, China National Oil Company (CNOOC) and Brazil's National oil company (Petrobras, hereinafter referred to as the Brazilian oil company) officially signed a memorandum of cooperation in the evening in Beijing, the two sides will strengthen and deepen cooperation in oil and gas exploration and development, refining and chemical industry, engineering construction and oilfield services, green and low-carbon, crude oil trade and other fields. This signing is an important milestone in the development of oil and gas cooperation between CNOOC and Petrobras, an important achievement in deepening practical cooperation between China and Pakistan, and is of great significance to promoting the construction of the Belt and Road and international energy cooperation. Brazil has a vast sea area, rich oil and gas resources, and numerous oil fields under construction or in production. Cnooc attaches great importance to investment and cooperation in Brazil. At present, CNOOC owns 7.34% interest in the integrated development project of the world's largest deepwater oil field Buzios in Brazil, 9.65% interest in the integrated development framework of the world's giant pre-salt deepwater oil field Mero, and several other deepwater oil and gas block assets. Among them, the two oil fields in production, Mero Oil field and Buzios oil field, which CNOOC participates in, have become star projects in overseas oil and gas development. In December 2022, CNOOC successfully completed the increase in the rights and interests of the Buzos project, and successfully signed the contract for the Santos Basin natural gas transmission system and natural gas processing system in the same month, making CNOOC the first foreign company to achieve independent natural gas sales in Brazil. Editor/Xu Shengpeng

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• 2024.10.09 10:18
• [Qiongzhou Strait transportation new energy vehicle ship successfully docked]
• On the afternoon of October 8th, under the on-site escort of the Guangdong Zhanjiang Maritime Bureau's "Haixun 0927" ship, the first flatbed cargo ship dedicated to the transportation of new energy vehicles in the Qiongzhou Strait, the "Green Source No. 1" ship, slowly entered the Xuwen Hai'an New Port, marking the successful trial operation of the ship's roll on/roll off transport route in the Qiongzhou Strait. It is reported that the deck cargo ship "Green Source No.1" has a total tonnage of 6731, a net tonnage of 3769, a length of 125.8 meters, and a width of 28 meters. The ship adopts a single-layer deck design, which can carry more than 160 new energy vehicles on a single voyage under full load conditions. The parking capacity is about 60% higher than that of existing passenger and roll on/roll off transport ships. The ship is planned to be deployed on the route from Hai'an New Port in Zhanjiang to Xiuying Port in Haikou. After being put into operation, it will add a new mode of sea transportation for new energy vehicles in the Qiongzhou Strait and effectively alleviate the tense situation of insufficient capacity for new energy vehicle transportation during the peak period of cross sea vehicle transportation in the Qiongzhou Strait. Editor/Zhou Yingwen

• 2024.10.09 10:15
• [Malaysia's energy transition has made progress]
• On October 9, 2024, Malaysian Deputy Prime Minister Fadhila stated that Malaysia has made progress in improving energy efficiency and that "energy conservation" has become the key to energy transition. Meanwhile, Malaysia will promote the ASEAN power grid as a key topic of discussion at the ASEAN Energy Ministers' Meeting. At the 2024 Asia Power and Energy Exhibition, which opened on the 8th, Fadhila revealed that as of June, Malaysia has saved 8769 gigawatt hours of electricity, worth over 2.2 billion ringgit, and plans to reduce 38 million tons of carbon dioxide emissions by 2025. In addition, the Malaysian government has approved the establishment of an energy exchange aimed at selling green electricity to neighboring countries. As the rotating chair of ASEAN in 2025, Malaysia will promote the construction of the ASEAN power grid to promote the promotion of renewable energy and enhance the resilience and reliability of electricity supply in ASEAN member countries. Editor/Zhou Yingwen