SINGAPORE – Media OutReach – 26 October 2021 – Pacific Oil & Gas Limited (PO&G) has announced that it will rebrand its operations to become Pacific Energy Corporation Limited.

Ratnesh Bedi, President of Pacific Energy said, “The Pacific Energy name and new logo reflects the next step in our growth strategy dedicated to providing cleaner energy for North American markets and growing Asian economies. Our refreshed branding also creates a platform for new product development and future acquisitions.”

Pacific Energy, which is part of the Singapore-based RGE group of companies founded by Sukanto Tanoto in 1973, is an independent energy resources development company focused on helping North America and growing Asian economies meet their increasing energy requirements. The company strategy is to invest, develop, build, own and operate innovative and cost-competitive projects throughout the energy value chain, while maintaining constant attention to its role as a responsible corporate citizen.

Established Presence in China

Since 2003, Pacific Energy has taken strategic positions in China’s gas and related power markets. Pacific Energy is one of the first two foreign companies to own interests in liquefied natural gas (LNG) receiving terminals in China. Pacific Energy also successfully built and operates the first 100% foreign-owned combined cycle gas turbine (CCGT) power plant in Xiamen, and owns 70% stake in another CCGT power plant in Wuxi.  Power plants powered by natural gas are more efficient than traditional coal-fired power plants. They can also serve as an effective bridge fuel to meet energy demand when the supply from renewable sources does not provide consistent returns throughout the day.

Growing Presence in Canada

In Canada, Pacific Energy’s exploration and production of gas are conducted through its subsidiary Pacific Canbriam Energy (PCE). Acquired by Pacific Energy in 2019, PCE is a leading exploration and production company focused on finding and developing over-pressured, liquid rich natural gas resources in the Western Canadian Sedimentary Basin. Headquartered in Calgary, Alberta, with operations near Fort St. John, British Columbia, PCE differentiates itself from competitors through the quality of its resource and commitment to sustainability.

PCE achieved EO100™ Standard Certification from Equitable Origin in August 2021, signifying PCE’s demonstrated use of innovative and transparent practices to produce some of the world’s most sustainable and responsible natural gas.

Pacific Energy is expanding its existing presence in Canada with the Woodfibre LNG Project, a Liquefied Natural Gas (LNG) export facility located near Squamish, British Columbia, about 70km from Vancouver. The Woodfibre LNG Project has obtained a licence to export LNG for 40 years. The project has also received environmental approvals from the federal and provincial governments as well as the local Indigenous people:  the Squamish Nation. By using hydroelectric power for the refrigeration process, Woodfibre LNG will be one of the most innovative and cleanest LNG facilities in the world.

Bedi added, “We believe there is a distinct opportunity for Pacific Energy to expand as a competitive and sustainable gas-based value chain business. Economies around the world which have been hit hard by the impact of the global pandemic are rebounding at a rapid pace.  At the foundation of any economic recovery is ‘energy’.  We take great pride in providing clean energy to North American and growing Asian economies.” 

About Pacific Energy

Pacific Energy, which is part of the Singapore-based RGE group of companies, is an independent energy resources development company focused on helping North America and growing Asian economies meet their increasing energy requirements. The company strategy is to invest, develop, build, own and operate innovative and cost-competitive projects throughout the energy value chain, while maintaining constant attention to our role as a responsible corporate citizen.

#PacificEnergy

HAIKOU, CHINA – Media OutReach – 26 October 2021 – CPA Australia, one of the world’s largest professional accounting bodies, and the Hainan Institute of Certified Public Accountants (HICPA) have today announced the signing of a Memorandum of Cooperation (Memorandum).

The Memorandum is designed to facilitate closer collaboration between CPA Australia and HICPA. Together, the bodies aim to enhance the standard of international accounting professionals, broaden opportunities for members from both bodies, and commit to the future development of the Hainan Free Trade Port.

He Yongmei, Secretary General of HICPA and Deborah Leung FCPA (Aust.), Executive General Manager International of CPA Australia, signed the Memorandum at a virtual signing ceremony in October. Over 600 representatives from the Hainan Ministry of Finance, the financial and accounting industry and the business community across Greater China attended the virtual ceremony.

William Huang FCPA (Aust.), President of CPA Australia’s South China Committee, said the signing of the Memorandum was a great milestone in the relationship between the two bodies.

“Today marks the first anniversary of the announcement of the Hainan Free Trade Port Institutional Integration and Innovation Action Plan 2020 – 2022. We are very proud to strengthen our relationship with HICPA on such a remarkable day, which we hope will contribute to the Action Plan by nurturing high-level talent in Hainan.

“Accounting and financial professionals play a critical role in enhancing the trade and investment relationship between Hainan and the world and establishing Hainan into a globally influential and high-level free trade port.

“As a leading global accounting body with deep commitments in Mainland China, CPA Australia has worked closely with HICPA in promoting professional standards in the region for many years. We believe this Memorandum will strengthen our relationship and enable us to continue working together to advance the knowledge, professional networks, skills and competitiveness of accounting and finance professionals.

“Together with HICPA, we look forward to creating more continued professional development resources and career development opportunities for our members, while elevating professional standards and positively contributing to the sustainable development of the Hainan Free Port,” Huang said.

CPA Australia has also collaborated with the Chinese Institute of Certified Public Accountants (CICPA) since the early 1990s. Through the International Partnership Program, CPA Australia offered members from CICPA the opportunity to study the CPA Program and obtain the CPA Australia designation from 2007 to 2010. In 2020, the CPA Australia designation was added to the “Accreditation Criteria for Hainan Free Trade Port High-level Talent” released by the Hainan Government.

About CPA Australia

CPA Australia is one of the largest professional accounting bodies in the world, with more than 168,000 members in over 100 countries and regions, including more than 20,000 members in Greater China. We have offices in Beijing, Shanghai and Guangzhou. Our core services include education, training, technical support and advocacy. CPA Australia provides thought leadership on local, national and international issues affecting the accounting profession and public interest. We engage with governments, regulators and industries to advocate policies that stimulate sustainable economic growth and have positive business and public outcomes. Find out more at cpaaustralia.com.au

#CPAAustralia

SINGAPORE – Media OutReach – 26 October 2021 – Celebrating Madame Tussauds Singapore’s 7th Anniversary, they have welcomed GOT7’s Jackson Wang, the Hong Kong rapper-singer-dancer into the music zone.  His figure portraying the iconic “W’ gesture of Team Wang, is dressed in a black attire, exclusively collaborated with Fendi, called Fendi x Jackson Wang Capsule Collection.

@MTsSingapore

Instagram: @MTsSingapore

Facebook: @MadameTussaudsSingapore
Hashtag: #MadameTussaudsSG

GUILDFORD, UK – EQS Newswire – 25 October 2021 – Linde (NYSE: LIN; FWB: LIN) today announced its Board of Directors has appointed Sanjiv Lamba to succeed Steve Angel as Chief Executive Officer and Steve Angel to succeed Wolfgang Reitzle as Chairman, effective March 1, 2022.

Lamba was named Linde’s Chief Operating Officer in October 2020. Throughout his more than 30-year tenure with Linde, he served in various leadership roles including Executive Vice President APAC, Head of Regional Business units (South & South East Asia) and Managing Director India. In addition to his appointment as CEO, Lamba will join Linde’s Board of Directors, effective March 1, 2022.

“I am truly honored to lead this outstanding company into the future,” said Lamba. “Linde is exceptionally well-positioned to capitalize on profitable growth opportunities in several end markets, including electronics, healthcare and clean energy. I look forward to working with the talented Linde team to continue driving our high-performance culture and create sustainable value for Linde shareholders.”

Angel was named Chief Executive Officer of Linde plc in 2018, having successfully led the merger of Linde AG and Praxair into the world’s largest global industrial gases and engineering company. Under his leadership, the company implemented a culture of operational excellence and capital discipline which, when combined with industry leading growth, generated 100% Total Shareholder Return over the last three years. Prior to his role as Linde CEO, Angel served as Chairman, President and CEO of Praxair, Inc. since 2007.

“It has been a privilege to lead Linde to become the best performing industrial gases and engineering company in the world,” said Angel. “As Chairman, I look forward to working with Sanjiv as we further strengthen Linde’s reputation for excellence. I’m confident that under Sanjiv’s leadership, Linde will maintain our high-performance culture, aggressively implement our new sustainability goals and leverage the many growth opportunities we have in front of us to create significant shareholder value.” Angel continued, “I want to thank Wolfgang for his partnership in enabling our highly successful merger and his leadership as Chairman of the Board of Directors.”

Reitzle retires from Linde after nearly 20 years with the company, during which he served as President and CEO of Linde AG and Chairman of the Supervisory Board of Linde AG.

“It was an honor to work with Linde’s outstanding board members and senior management throughout my tenure as Chairman,” said Reitzle. “I’m pleased to know Steve will now lead the Board of Directors and Sanjiv will be at the helm of the company. Linde could not be in better hands.”

About Linde

Linde is a leading global industrial gases and engineering company with 2020 sales of $27 billion (€24 billion). We live our mission of making our world more productive every day by providing high-quality solutions, technologies and services which are making our customers more successful and helping to sustain and protect our planet.

The company serves a variety of end markets including chemicals & refining, food & beverage, electronics, healthcare, manufacturing and primary metals. Linde’s industrial gases are used in countless applications, from life-saving oxygen for hospitals to high-purity & specialty gases for electronics manufacturing, hydrogen for clean fuels and much more. Linde also delivers state-of-the-art gas processing solutions to support customer expansion, efficiency improvements and emissions reductions.

For more information about the company and its products and services, please visit www.linde.com