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Woodfibre LNG Sets New Benchmark as World’s First Net Zero LNG Export Facility

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SINGAPORE – Media OutReach Newswire – 26 May 2025 – Woodfibre LNG, a subsidiary of Pacific Energy which is a member of the Royal Golden Eagle (RGE) group of companies, is setting a new benchmark for responsible natural gas export. At its new liquefied natural gas (LNG) facility under development in British Columbia, the company is on track to become the world’s first net zero LNG export facility – achieving net zero not only during operations, but also throughout the construction phase.

This groundbreaking commitment to sustainability is being realised through a combination of best-in-class technologies, low-emission operations and nature-based carbon offsets. Together, these efforts are setting a new standard for minimising environmental impact in the global LNG industry.

Ratnesh Bedi, President of Pacific Energy, said, “Achieving net zero emissions means balancing the amount of greenhouse gases emitted with those removed or offset. At Woodfibre LNG, this balance is not theoretical, it’s operational. By integrating advanced emissions-reduction technologies with robust offset strategies, the facility aims to produce LNG with one of the lowest carbon intensities in the world. We are not waiting for the future – we are building it now. This project sets a new standard for how energy can be produced responsibly, and it reflects our long-term commitment to accelerating the global transition to a low-carbon economy while meeting the world’s growing energy needs.”

At the heart of the facility’s emissions reduction is the E-Drive system, which uses electric compressors powered by renewable hydroelectricity for the liquefaction process. This innovation alone is projected to cut more than 230,000 tonnes of CO2e annually – equivalent to taking 70,000 cars off the road.

Other emissions reduction initiatives include re-liquefying boil-off gas to prevent atmospheric release, capable of avoiding over 11,000 tonnes of CO2e per year, and introducing air-cooling systems (replacing traditional seawater cooling), developed in line with the Squamish Nation Environmental Assessment Agreement, which can reduce an additional 3,000 tonnes of CO2e annually. These measures support Woodfibre LNG’s target of achieving a carbon intensity of just 0.04 tonnes of CO2 per tonne of LNG produced, far below the global industry average.

To neutralise any remaining emissions, Woodfibre LNG will purchase locally developed, nature-based carbon offsets from projects affiliated with First Nations partners. These projects focus on forest conservation – protecting vital forest ecosystems that absorb and store carbon dioxide over time. All emissions data and offset projects are validated by Brightspot Climate, ensuring compliance with British Columbia’s stringent regulatory requirements and upholding transparency in reporting.

“Woodfibre LNG’s approach demonstrates that net zero is not just a future goal. It’s achievable today with the right combination of innovation, collaboration and accountability,” said Ratnesh. “We are proud to lead the way in building a cleaner, more responsible energy future.”

The Woodfibre project marks a significant milestone in the global energy transition, proving that LNG can be delivered with a smaller carbon footprint – without compromising performance, safety or environmental stewardship.
Hashtag: #RGE #RoyalGoldenEagle #WoodfibreLNG #PacificEnergy #liquefiednaturalgas #LNG #NetZero

The issuer is solely responsible for the content of this announcement.

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Southco Adds New Options To Its E5 Line Of Cam Latches

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HONG KONG SAR – Media OutReach Newswire – 17 July 2025 – Southco is adding two new options to its E5 line of quarter-turn cam latches, opening up a variety of new functionalities. E5 cam latches offer affordable simplicity and superior flexibility due to their efficient modular design. New options for these latches include the Protected Cams and adjustable grips. These additions make the E5 line even more versatile than before.

The Protected Cam is an upgrade from existing flat cams, and perfect for those seeking to avoid wear and cosmetic damage that comes from a flat cam scraping against an enclosure frame. The Protected Cam adds a plastic cover to the end of a cam, providing protection from frame damage and smoother actuation. Fixed Grip Protected Cams are compatible with all E5 and H3 latches.
Southco’s next addition provides additional flexibility for its Wing Knob, T-Handle, and L-Handle cam latches. The Adjustable Grip option lets those using E5-9 hand-operated cam latches manually adjust the cam location on each latch. This allows users to freely change the grip strength of the latch, and adjust for variations in frame dimensions. Variability also allows manufacturers to use one latch for multiple frame designs.
These additions open up new possibilities for Southco E5 Cam Latches. Whether you need a durable protected lock for an outdoor latch, or a more compact device for smaller designs, the E5 has you covered. The additions build on the affordable simplicity that the E5 is known for. E5 latches can be easily installed in a single hole, and provide a no-hassle solution for a wide range of applications.
For more information about E5 Cam Latches, please visit E5 – Cam Latches – Quarter Turn Cam Latch | Southco or email the 24/7 customer service department at [email protected].

Hashtag: #Southco

The issuer is solely responsible for the content of this announcement.

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Reshaping Global Lubricant Supply Chains: Trump-Era Tariffs Driving Industry Pivot Toward Asia

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SINGAPORE – Media OutReach Newswire – 17 July 2025 – With the global lubricants industry still adjusting to the lasting impact of U.S. trade policy enacted during the first presidential term of U.S. President Donald Trump, supply chains are undergoing dramatic shifts—and Asia is solidifying its role as the sector’s global hub.

While the U.S. tariffs primarily targeted a broad range of Chinese industrial chemicals under Section 301, some specialty additives used in lubricant formulations were affected. In response, U.S. manufacturers have faced increased costs, sourcing uncertainties, and production delays, prompting a re-evaluation of procurement strategies. These disruptions have had ripple effects across the automotive, industrial, and specialty lubricant markets worldwide.

Strategic Realignment: From the West to the East
As regulatory complexity and economic uncertainty mount in the U.S. and European markets, many lubricant producers, OEMs, and blenders are redirecting investment and operational focus toward Asia. The region already accounts for the world’s largest share of lubricant demand and continues to post some of the fastest growth, driven by expanding industrialization and vehicle ownership.
Asia’s strong manufacturing base, growing consumer markets, and expanding infrastructure for lubricant production make it an attractive destination for global expansion. Companies are deepening their presence in countries such as China, India, Malaysia, and Singapore—tapping into local production advantages, aligning with regional OEMs, and building supply chain resilience.

The Asian Lubricant Exhibition 2025: Spotlighting the Industry’s Transformation
The challenges—and potential advantages—of this strategic global shift will take center stage at the Asian Lubricant Exhibition 2025, held September 9–11 at the Suntec Singapore Convention & Exhibition Centre, Hall 403, Level 4. As Asia’s only dedicated trade show focused on the lubricants value chain, the event provides a timely platform for addressing trade disruptions, supply chain realignment, and emerging opportunities across the region. The exhibition and exhibitor presentations are open to the public, free of charge. Pre-registration is highly encouraged to be eligible for door prizes and exclusive onsite offers.

Co-hosted by the Asian Lubricants Industry Association (ALIA) and F&L Asia Ltd., the three-day event brings together global players navigating today’s volatile landscape—from base oil producers and additive specialists to blending, packaging, quality and compliance services, logistics, and end-user service providers.
With over 60% of booths already sold, and exhibitors including ExxonMobil, Chevron Oronite, CPC Corporation, Kangtai Lubricant Additives, Kemipex, Patech, Huntsman, Master Fluid, Axel Christiernsson, Metal-Chemie, ML Lubrication, Songwon, Vanderbilt, BRB, Hyrax Oil, and Universal Analytical, the exhibition offers a unique opportunity to showcase solutions that address the current challenges of global trade volatility—especially those tied to tariffs and regulatory pressures.

Highlights Include:
  • Exhibitor Presentations spotlighting supply chain innovations
  • Training and networking events such as the Base Oil 101 Training Course and the ALIA Anniversary Dinner
  • Executive Briefings on market forecasts and trade realignment
  • The ALIA Sustainability Session on future-ready lubricant strategies
Join the Conversation on Supply Chain Transformation
Whether you’re a supplier, OEM, blender, technology provider, or logistics expert, this is the moment to engage with Asia’s lubricant leaders and align your strategy with where the market is headed.
For booth bookings, program details, and registration, visit:
Let’s shape the future of lubricants—together in Singapore.

Hashtag: #AsianLubricantExhibition2025 #ALE2025

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SUNRATE Awarded In CNBC’s World’s Top Fintech Companies 2025 List

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SINGAPORE – Media OutReach Newswire – 17 July 2025 – SUNRATE, the global payment and treasury management platform, announced today that it has been included in the prestigious CNBC’s list of the World’s Top Fintech Companies 2025.

CNBC, a world leader in business news partnered with Statista, a global data and business intelligence platform, to identify the top fintech companies from around the world. The World’s Top FinTech Companies 2025 list is based on the analysis and weighting of overarching KPIs like Payments, Alternate Finance, Financial Planning, Digital Assets, Neobanking, Wealth Technology, Business Process Solutions, and Banking Solutions. These segment-specific KPIs were derived from the following research methods:

  • Publicly Available Data Points: In-depth research into relevant KPIs for more than 2,000 eligible companies was conducted using publicly available sources such as annual reports, company websites, and media monitoring.
  • Open Online Application: More than 100 companies had the opportunity to be considered for the top list by submitting relevant KPIs.

“It’s a proud moment for SUNRATE to be recognised on CNBC’s list of the World’s Top Fintech Companies,” said Paul Meng, Co-founder of SUNRATE. “Since day one, our strategic vision has been to revolutionise global B2B payments by building a global clearing network and harnessing blockchain technology to deliver secure, efficient, compliant, and transparent cross-border payment solutions. This milestone reflects the trust our global clients place in us.”

Meng added, “As we scale further, we remain focused on expanding our capabilities and global reach to support the full spectrum of businesses—from small and medium-sized enterprises (SMEs) to large corporates—empowering them to thrive in today’s fast-evolving global commerce landscape.”

Hashtag: #SUNRATE

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About SUNRATE

SUNRATE is a global payment and treasury management platform for businesses worldwide. Since its inception in 2016, SUNRATE has been recognised as a leading solution provider and has enabled companies to operate and scale both locally and globally in 190+ countries and regions with its cutting-edge proprietary platform, extensive global network, and robust APIs.

With its global business headquarters in Singapore and offices in Hong Kong, Jakarta, London, and Shanghai, SUNRATE partners with the top global financial institutions, such as Citibank, Standard Chartered, Barclays, J.P. Morgan and is the principal member of both Mastercard and Visa. To learn more about SUNRATE, visit

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