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CoinW’s WConnect Launches $120,000 Rewards Campaign to Celebrate Ethereum’s Pectra Upgrade

DUBAI, UAE, May 26, 2025 /PRNewswire/ — WConnect, the flagship builder engagement initiative by CoinW, has launched a global campaign to celebrate the upcoming Ethereum Pectra Upgrade, running from May 23 to June 14, 2025 (UTC). Open to traders, developers, and crypto enthusiasts worldwide, the campaign offers participants the chance to explore Ethereum’s latest developments while sharing in a $120,000 prize pool, including deposit bonuses and trading rewards.

ETH Pectra Upgrade Extravaganza
ETH Pectra Upgrade Extravaganza

By combining live expert insights, hands-on challenges, and incentive-driven activities, WConnect aims to empower users to learn, trade, and earn — all while staying on the cutting edge of Ethereum’s next chapter.

WConnect Live Insight Series: Expert Perspectives on Ethereum’s Future

As part of the campaign, WConnect will host a four-episode “Live Insight” webinar series featuring prominent builders and researchers from the Ethereum ecosystem. Each session will explore key narratives shaping Ethereum’s future, including:

  • The growing role of Liquid Staking Derivatives (LSD) in driving innovation
  • The evolving Layer 2 landscape following the Pectra upgrade
  • The adoption of Account Abstraction (AA) and wallet ecosystem adoption
  • Strategies for capturing alpha opportunities during ETH upgrade cycles

Following each episode, participants can test their knowledge and win prizes by joining the ETH Pectra Quiz Challenge — making it rewarding to both learn and engage with the ecosystem.

Understanding the Ethereum Pectra Upgrade

The Pectra Upgrade marks a major technical milestone for Ethereum, combining the Prague execution layer hard fork with the Electra consensus layer upgrade. This unified upgrade aims to enhance the network’s scalability, security, and usability, aligning Ethereum’s infrastructure more closely with the long-term ETH 2.0 roadmap.

Key benefits of the Pectra Upgrade include:

  • Improved staking flexibility, supporting innovations like LSDs and Restaking, allowing users to optimize their yield strategies
  • Enhanced Layer 2 scaling, reducing transaction costs and increasing throughput
  • A stronger foundation for future growth across the Ethereum ecosystem

Together, these enhancements pave the way for a more robust and efficient decentralized network.

Trade and Earn: Diverse Campaigns with Generous Rewards

WConnect’s campaign offers multiple trading incentives designed to reward active participation across the Ethereum ecosystem. Eligible tokens include SSV, EIGEN, ETHFI, STRK, ZK, OP, SWELL, RPL, ENA.

  • Trade Ecosystem Assets: Users who deposit over 50 USDT and trade eligible tokens with a minimum 100 USDT volume qualify to share a $90,000 prize pool, distributed proportionally based on trading volume.
  • Trading Check-ins: Complete daily trades of 100 USDT or more to earn rewards from a $10,000 prize pool by maintaining 3, 5, or 7 consecutive check-in days.
  • Invite Friends: Earn up to 100 USDT by inviting friends who register and trade during the event (limited to the first 200 users).
  • Deposit Bonuses: Deposit 50 USDT or more in event tokens to receive interest coupons and enjoy an APY boost up to 8% on flexible savings products for ETH, SSV, STRK, and OP.

Join WConnect and Unlock Web3 Opportunities

WConnect’s Ethereum Pectra Upgrade Campaign offers more than just rewards — it’s a gateway to understanding one of the most important technical transitions in Ethereum’s evolution. Participants gain valuable insights from industry leaders, stay ahead of emerging trends, and earn incentives for being part of the movement. Don’t miss your chance to be part of this dynamic journey — explore, learn, and grow with WConnect.

For full event details and to participate, visit the official event page.

About WConnect

WConnect is a flagship online initiative launched by CoinW to foster industry dialogue and accelerate innovation across global blockchain ecosystems. By bringing together leading voices from exchanges, developer communities, and emerging tech projects, WConnect creates a collaborative space for exploring cutting-edge trends, sharing technical expertise, and uncovering new growth opportunities. Through curated panels and open discussion, WConnect serves as a bridge between builders and thought leaders, driving meaningful conversations that shape the future of Web3.

YEEDI Unveils M14 PLUS: Inspired by Gravity, Powered by Innovation

SAN FRANCISCO, May 26, 2025 /PRNewswire/ — YEEDI, a global leader in smart home robotics, today announced the launch of its latest innovation: the YEEDI M14 PLUS, a next-generation robot vacuum and mop system that brings together flagship-level cleaning power, intelligent automation, and an elevated design philosophy.

The M14 PLUS marks a new chapter in YEEDI’s innovation journey, introducing the celebrated OZMO ROLLER Instant Self-Washing Mopping Technology—previously exclusive to the flagship S14 PLUS—now re-engineered into a more versatile and widely accessible form.

Inspired by the cosmic elegance of gravitational curvature, its multidimensional silhouette reflects the way gravity sculpts space into seamless, flowing curves. The M14 PLUS merges engineering precision with spatial harmony—setting a new benchmark for intelligent, design-forward home cleaning.

YEEDI M14 PLUS
YEEDI M14 PLUS

A Gravity-Inspired Design That Marries Power and Poise

The M14 PLUS brings the invisible elegance of the universe into your home through its Gravity Field-inspired curved design. Echoing the way gravity naturally bends space into seamless curves, the robot’s multi-dimensional form creates a sense of flow and centeredness in your living space.

The matte white shell minimizes visual noise, while rose gold accents add a precise warmth that elevates the machine beyond mere functionality. From the naturally recessed top surface to the gently rounded edges, every detail is crafted for both tactile comfort and visual harmony. It’s a design that doesn’t just sit in your home — it becomes part of its gravity.

“We see the M14 PLUS not only as a cleaning tool but as a design element,” said YEEDI. “It reflects the way people live today—where beauty, technology, and functionality converge.”

Expanding Flagship Technology: OZMO ROLLER for All

First introduced on YEEDI’s flagship S14 PLUS, the OZMO ROLLER Instant Self-Washing Mopping Technology marked a major leap in robotic floor care. Now, YEEDI expands this acclaimed technology to the M14 PLUS—bringing elite cleaning performance to a broader audience without compromising on power or quality.

The OZMO ROLLER features a high-speed rotating mop that spins at 200 RPM, applying 4,000 Pa of pressure to effectively scrub away stubborn stains. Unlike traditional flat or disc mops, it combines real-time self-cleaning via 16 water nozzles—delivering fresh water up to 200 times per minute—to ensure zero residue and consistently clean results.

This strategic expansion represents YEEDI’s vision of accessible innovation: high-performance engineering, now delivered in a more versatile form factor—bridging the gap between flagship technology and everyday homes.

A Smarter OMNI Station for Hands-Free Living

The M14 PLUS integrates advanced technologies that ensure thorough and intelligent cleaning performance:

  • ZeroTangle 3.0: Next-gen anti-hair wrap system designed for pet-friendly homes
  • AIVI 3D + TruEdge 2.0: Smart navigation and edge-cleaning system with LiDAR and structured light
  • 18,000 Pa Suction Power: Industry-leading suction to remove fine dust and debris
  • Compact OMNI Station: Temperature-Controlled Mop Washing 2.0, 45°C Rolling Drying, auto-emptying, and smart maintenance for up to 150 days of hands-free cleaning

Launch Offer: Experience More, Save Smart

The YEEDI M14 PLUS is priced at $1,399, with a limited-time launch offer of $849.99 from May 26 to June 1, available exclusively through the YEEDI Amazon Store.

Explore Now:
YEEDI Amazon Store: https://www.amazon.com/yeedi
YEEDI M14 PLUS: https://www.amazon.com/dp/B0F187JZBJ

About YEEDI

YEEDI is a cutting-edge service robot brand that embraces the concept of “Live Smart. Enjoy Life.” With constant upgrades, pioneering technology solutions are integrated into robotics for an enhanced consumer experience. Thus, consumers can enjoy a modern lifestyle with high standards of quality.

Lunit Highlights AI’s Role in Advancing Precision Oncology at ASCO 2025 with 12 Studies

SEOUL, South Korea, May 26, 2025 /PRNewswire/ — Lunit (KRX:328130.KQ), a leading provider of AI for cancer diagnostics and therapeutics, today announced that 12 studies featuring its AI-powered digital pathology solution will be presented at the 2025 American Society of Clinical Oncology (ASCO) Annual Meeting, taking place May 30–June 3 in Chicago, IL. Of these, 11 studies will be presented as posters and one as an online publication.

One of the featured studies, conducted with Japan’s National Cancer Center Hospital East (NCCE), evaluated HER2 expression in biliary tract cancer (BTC) patients using Lunit’s AI-powered analyzer. The resulting AI scores showed strong agreement with pathologist-assigned IHC scores in a 288-patient screening cohort. Among 29 patients treated with trastuzumab deruxtecan (T-DXd), those with higher levels of HER2-intense tumor cells achieved a higher objective response rate (ORR) of 50%, along with significantly longer progression-free survival and overall survival. The study also found that AI-derived “membrane specificity” helped identify additional responders who achieved a 50% ORR and improved survival. This group included not only HER2-intense patients but also some traditionally classified as HER2-low, suggesting that the metric may expand the pool of patients who can benefit from T-DXd. These findings suggest that AI-powered HER2 analysis – especially when incorporating membrane specificity – could expand access to targeted treatment and enable more precise therapy selection in BTC.

A separate prospective study conducted with NCCE evaluated the concordance between pathologist- and AI-assessed PD-L1 expression in lung cancer patients enrolled in LC-SCRUM, one of Japan’s largest nationwide observational cohorts, using Lunit SCOPE PD-L1. The study included 847 non-small cell lung cancer (NSCLC) and 102 small cell lung cancer (SCLC) patients. The overall concordance between the AI model and three expert pathologists was 70%. Concordance was particularly high in key subgroups: 84% for TPS ≥50% and 94% for TPS 1–49%. Of the 416 patients initially classified as TPS <1% by pathologists, the AI identified 231 with higher PD-L1 expression. Since PD-L1 scoring is widely used to guide treatment eligibility, these results highlight the potential of AI-powered PD-L1 evaluation to uncover additional candidates for immunotherapy who may have been previously excluded based on low TPS. The high concordance with expert pathologists also reinforces the reliability of the AI model as a clinical decision-support tool.

A third highlighted study introduced an AI model to predict CLDN18.2 expression in gastric cancer. CLDN18.2 is a therapeutic target for zolbetuximab. It is typically assessed using immunohistochemistry (IHC), which is often limited by tissue quantity, cost, and time. To address this, researchers trained the AI on H&E slides and validated it in the external cohort. The model achieved AUROCs over 0.751, suggesting the potential to efficiently pre-screen CLDN18.2-positive patients using only H&E slides. The study also analyzed immune phenotypes using AI-powered whole-slide image analysis to explore treatment implications. Among patients predicted to be CLDN18.2-negative, those with an “inflamed” phenotype—marked by high tumor-infiltrating lymphocyte (TIL) density—showed significantly better outcomes when treated with immune checkpoint inhibitor plus chemotherapy compared to chemotherapy alone. These findings suggest that combining AI-based CLDN18.2 prediction with immune phenotype analysis could guide first-line treatment decisions without additional IHC tests.

“Our ASCO 2025 presentations build on years of work to turn AI into a clinically dependable tool—not just for reading pathology images, but for improving how we select the right treatments. From HER2 scoring in biliary tract cancer to PD-L1 evaluation in lung cancer, our models are helping uncover treatment opportunities for patients who might otherwise be overlooked. This level of precision and reproducibility is exactly what AI needs to deliver real clinical value,” said Brandon Suh, CEO of Lunit.

In addition to these three featured studies, Lunit will present 9 additional abstracts covering a wide range of research topics. These include AI-based subcellular profiling to assess the drug-targetability of 74 membrane proteins across 34 cancer types, and deep learning analysis of endothelial cells to understand how the tumor vascular environment influences immunotherapy response.

Lunit will be exhibiting at Booth #26149, where attendees can learn more about the studies and AI solutions featured at this year’s ASCO.

Lunit’s featured presentations at ASCO 2025 include:

###

About Lunit
Founded in 2013, Lunit (KRX:328130.KQ) is a global leader in AI for cancer diagnostics and therapeutics. With a mission to conquer cancer through AI, Lunit develops AI-powered solutions for medical imaging and biomarker analysis to enable precise diagnosis and personalized treatment. Lunit’s FDA-cleared Lunit INSIGHT suite supports cancer screening at over 4,800 medical institutions in more than 55 countries. Lunit clinical studies have been featured in top-tier journals—including The Lancet Digital Health and Journal of Clinical Oncology—and presented at major conferences such as ASCO and RSNA. Headquartered in Seoul with global offices, Lunit is driving the worldwide fight against cancer. Learn more at lunit.io.

International Dialogue: Tech Innovation Brings Women New Opportunities and Boosts Their Economic Independence

BEIJING, May 26, 2025 /PRNewswire/ — A news from China.org.cn on Sci-Tech Empowering Rural Transformation: 2025 HER Power, HER Stories Dialogue events held in Fenghuang County, Xiangxi Tujia and Miao Autonomous Prefecture, Hunan Province, China.

On May 22, the main Sci-Tech Empowering Rural Transformation: 2025 HER Power, HER Stories Dialogue events began in Fenghuang County, Xiangxi Tujia and Miao Autonomous Prefecture, Hunan Province.

On May 22, the main Sci-Tech Empowering Rural Transformation: 2025 HER Power, HER Stories Dialogue events began in Fenghuang County, Xiangxi Tujia and Miao Autonomous Prefecture, Hunan Province.
On May 22, the main Sci-Tech Empowering Rural Transformation: 2025 HER Power, HER Stories Dialogue events began in Fenghuang County, Xiangxi Tujia and Miao Autonomous Prefecture, Hunan Province.

Featuring the theme “Technological Progress Bringing New Opportunities for Gender Equality and Women’s Empowerment,” ways that digital transformation and technological innovation can boost women’s economic independence, reduce their labor burdens, and elevate their decision-making power in their families and communities were explored at the dialogue. Chinese experience was also contributed to global efforts to promote gender-sensitive rural transformation in the digital era, in addition to strategies China has used in poverty reduction and balanced regional development being showcased.

The fourth iteration of the annual Sci-Tech Empowering Rural Transformation event series, this year’s held special significance – it coincided with the 80th anniversary of the United Nations and the 30th anniversary of the Fourth World Conference on Women – the most important of the four conferences on women held between 1975 and 1995 – and the adoption of the Beijing Declaration and Platform for Action – a visionary agenda for the empowerment of women.

Drawing on insights contained in the 2024 Sci-Tech Empowering Rural Transformation: HER Power, HER Stories report – a collaborative effort that delineates various challenges encountered in empowering rural women through science and technology and indicates that China has created an effective institutional environment that facilitates women’s active participation in agricultural development and that this is a primary factor that enables technology to empower Chinese women – the event featured a rich mix of dialogue sessions, case study exhibitions, visual storytelling, field visits, and thematic panels designed to highlight the latest trends and practices with regard to how women, both in China and globally, are using technology to drive development and also fostered knowledge exchange and cooperation pertaining to gender-equitable rural innovation among developing countries.

Co-hosted by a coalition of Chinese and international organizations, including the China Internet Information Center (CIIC), the Food and Agriculture Organization of the United Nations (FAO) Representation in China, the International Fund for Agricultural Development (IFAD) China Office, the World Food Programme (WFP) China Office, the Centre for Sustainable Agricultural Mechanization of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP-CSAM), the United Nations Development Programme (UNDP) in China, and the People’s Government of Fenghuang County, the event was also supported by the Ant Foundation and the China Foundation for Rural Development (CFRD).

Around 100 participants – including rural women, scholars, government officials, representatives of international organizations, NGOs, and businesses, and members of the media – engaged either in person or online.

“When we invest in women’s access to science and technology in rural communities, the benefits ripple across entire societies,” Siddharth Chatterjee, UN resident coordinator in China, stated in a pre-recorded video message that was played during the event’s opening ceremony. “China’s rural e-commerce villages, women-led agritech cooperatives, and digital literacy campaigns offer models the world can follow.”

Gao Anming, editor-in-chief of the China International Communications Group (CICG) and director general of the CIIC, echoed the sentiment, remarking: “When digital technology meets women’s creativity, it transcends geographical and gender boundaries. China’s experiences in driving equity through innovation offer valuable lessons for the world.”

“As a documenter and communicator of global development, the CICG tells the world how China is turning ‘her power’ into a core engine of rural vitalization through digital infrastructure, tech training, and policy innovation using over 30 languages and various AI technologies as part of its efforts to power international communications,” he noted.

“We look forward to sharing ways the dividends of technology can assist with the overcoming of gender barriers and help transform rural women from ‘subjects of development’ into ‘agents of development’ with all nations,” Gao added.

“Fenghuang places great importance on advancing women’s development,” stated Ou Wanhai, deputy mayor of the People’s Government of Fenghuang County, in his welcome speech. “As a county with a population predominantly belonging to the Miao ethnic group, we have supported rural women in achieving entrepreneurship and employment in key sectors such as agriculture and cultural tourism through policy support, capacity building, and guidance pertaining to the development of various industries. This has led to the emergence of numerous women-led enterprises that reflect the unique characteristics of Miao culture. We see this dialogue as an opportunity to join hands with all of you here and contribute Fenghuang’s strength toward driving meaningful progress in gender equality and women’s development.”

The main Sci-Tech Empowering Rural Transformation events ran from May 22 to 23. On the afternoon of May 23, two thematic panels were held – “Case Studies and Best Practices” and “From Practice to Policy: The Way Forward for GEWE of Rural Women.”

Following the dialogue session, representatives from the co-hosting organizations provided in-depth summaries and professional insights on the outcomes of the event and reached important consensus on ways to empower rural women through technology and promote gender equality.

“The women we’ve met here in Fenghuang are not just beneficiaries; they are agents of change,” Carlos Aldeco, FAO representative in China and DPRK, commented. “These stories are not just local successes; they are blueprints for how technology can dismantle gender barriers in agriculture worldwide. As we commemorate the 30th anniversary of the Beijing Declaration in 2025 and are embracing the International Year of the Woman Farmer in 2026 (a designation designed to highlight the crucial role of women in agriculture and address the challenges they face, promoting their empowerment and full participation in food security and sustainable agriculture), let us reaffirm our commitment to putting gender equality and women’s empowerment at the heart of agricultural transformation towards better production, better nutrition, a better environment and a better life.”

“Providing rural women with the resources they need is pivotal in driving their transformational growth, leading to inclusive rural revitalization,” said Nii Quaye-Kumah, IFAD representative in China and head of the Asia and the Pacific Regional Centre for South-South and Triangular Cooperation. “The IFAD-supported rural cooperatives in Fenghuang County that we visited these past few days empower both female entrepreneurs and women farmers. They are a powerful testament to the IFAD’s commitment to investing in enhancing rural women’s capacity for entrepreneurship and technological innovation. Our two new projects, the Hunan Specialized Forestry Industry Development Project (HuSFID) and the Gansu Rural Revitalization Development Project (G2RDP), will continue to ensure that women are actively included in the green agricultural development process.”

“The cases discussed during the dialogue on rural vitalization – HER Power, HER Stories – are indeed inspiring and as investment in connectivity infrastructure, affordable technologies, and digital literacy skills are needed to reduce gendered barriers in the adoption of new agricultural technologies and practices,” commented Marco Silvestri, deputy head and programme officer of ESCAP-CSAM. “ESCAP, through CSAM, is committed to supporting its member States in the empowerment of women and promotion of new technologies and skills for the development of sustainable agriculture systems, sharing knowledge, best practices, and policies. By embracing digital innovations, we can build a future where women are leaders in shaping the modern agricultural landscape of the region.”

“The China Internet Information Center will, as always, continue to work hand in hand with United Nations agencies to spread the stories of women’s progress and development in China and around the world even further through knowledge-sharing partnerships,” stated Zheng Wenhua, deputy head of the CIIC.

Participants also conducted field visits to a site associated with the Digital Mulan Homestay Manager Digital Literacy Training Project and some of the locations involved with the IFAD Hunan Rural Revitalization Demonstration Project.

Jointly launched by China’s Ministry of Culture and Tourism’s Department of Market Management, the Ant Foundation, and the CFRD, the Digital Mulan Homestay Manager Digital Literacy Training Project was created in order to provide vocational skill instruction and digital literacy training to rural women. As of the end of 2024, more than 6,600 women living in 16 of China’s provincial-level administrative areas have received guesthouse management training through the program, and many of them have gradually become industry experts.

The IFAD Hunan Rural Revitalization Demonstration Project is a US$173 million initiative directly benefiting 328,000 people across 10 counties, 50% of whom are women, 30% of whom are youth, and 30% of whom are part of ethnic minority groups. The project is designed to promote inclusive rural development, climate-resilient infrastructure construction, the development of rural business service systems, and vocational training for people who live in rural areas. The IFAD has invested more than US$510 million in four projects in Hunan province alone since 1999.

International Dialogue: Tech Innovation Brings Women New Opportunities and Boosts Their Economic Independence

http://p.china.org.cn/2025-05/25/content_117893644.htm

Binance Launches Live Trading on Binance Square, Turning Livestreams into Real-Time Trading Experiences

Users are able to follow and learn from verified creators’ strategies, and directly place Spot or Futures trades within livestreams

DUBAI, UAE, May 26, 2025 /PRNewswire/ — Binance, the global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and users, has announced the launch of Live Trading on its global social platform Binance Square. This new feature allows users to follow and learn trading strategies from verified creators in real-time livestreams and place actual Spot or Futures trades directly within the stream.

Live Trading combines market insight, real-time commentary, and execution into a single interactive experience. By embedding trading directly into livestreams, Binance is removing friction between learning and action — and redefining how users engage with crypto content. It makes crypto more accessible, interactive, and community-driven for users.

“Live Trading is designed to make trading more accessible, interactive, and engaging,” said Jeff Li, Head of Product at Binance. “It’s a natural evolution of Binance Square. We want to create a seamless experience for users to act on insights in real time, while also opening up new opportunities for creators to share strategies, build trust, and grow their impact.”

For users, Live Trading turns livestreams into actionable trading sessions. As creators walk through their strategies, users can view pinned strategy cards or browse the Strategy Tab to explore trades shared during the session. Each card includes key details such as trading pair, direction, and order size — allowing users to place their own Spot or Futures orders instantly without leaving the stream. This seamless integration supports real-time learning and decision-making within a single flow.

Meanwhile, for creators, Live Trading offers them a new way to grow their audience, demonstrate trading expertise, and earn directly from engagement. Eligible creators with at least 1,000 followers on Binance Square can share up to 100 past trades during a session, pin strategy cards for in-stream visibility, and earn up to 50% commission on trading fees when users follow their strategies. Additional exposure opportunities include featured livestreams, competitions, and curated campaigns — turning trading content into real-time influence. Experienced traders with less than 1,000 followers can also apply for the Binance Square Live Trading Incubation Program to participate.

Live Trading is the latest step in the evolution of Binance Square as the go-to platform for crypto education, community engagement, and now — direct trading. This new feature reflects Binance’s broader mission to make crypto more accessible, social, and actionable. With livestream competitions, multistreaming support, and more innovations on the horizon, Live Trading sets the stage for a more connected, empowered, and real-time crypto future.

About Binance Square
Binance Square is a global social platform connecting over 35 million monthly active users. It features the latest news, market insights, and Binance updates, while offering discussion forums and expert commentary from leading KOLs, media, and industry professionals – fostering an interactive space for engagement and discovery. Available on the Binance app and web in 30 languages, Binance Square bridges the gap between content creators and their audiences, providing personalized feeds tailored to users’ interests and engagement history.

About Binance

Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 270 million people in 100+ countries, for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means. For more information, visit: https://www.binance.com

 

Libra Consortium announces first oil from Mero-4 FPSO in Brazil pre-salt

RIO DE JANEIRO, May 26, 2025 /PRNewswire/ — Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, announced the start of production at the floating production storage and offloading facility (FPSO) Alexandre de Gusmão in the Mero field in the Santos Basin offshore Brazil.

FPSO Alexandre de Gusmão (Photo credit Divulgação SBM)
FPSO Alexandre de Gusmão (Photo credit Divulgação SBM)

As part of the Mero-4 project, the FPSO will be connected to 12 wells, with an operational capacity of 180,000 barrels of oil production and 12 million cubic meters of gas compression per day (Shell share 19.3%). The FPSO is located 180 kilometres from the coast of Rio de Janeiro in a water depth of approximately 2,000 metres.

“Mero-4 is the latest example of how we are working with our partners to unlock value from world-class reservoirs, sustaining material liquids production and providing for the world’s current energy needs,” said Peter Costello, Shell’s Upstream President. “Our Brazil portfolio features long-life assets with high flow rates, resulting in some of our most competitive barrels on both operating cost and carbon footprint.” 

The unitized Mero field is operated by Petrobras (38.6%), in partnership with Shell Brasil (19.3%), TotalEnergies (19.3%), CNPC (9.65%), CNOOC (9.65%) and Pré-Sal Petróleo S.A (PPSA) (3.5%) representing the Government in the non-contracted area.

Notes to editors 

  • Final Investment Decision on Mero-4 was announced in August 2021.
  • The Mero field is part of the Libra Production Sharing Contract (PSC), signed in December 2013.
  • The FPSO Guanabara (Mero-1), the FPSO Sepetiba (Mero-2), and the FPSO Marechal Duque de Caxias (Mero-3), came online in 2022, 2023 and 2024, respectively.  In total, the four FPSOs and an Early Production System (EPS) have a total installed production capacity of 770,000 barrels of oil per day.
  • Shell is the second largest oil and gas producer in Brazil, only behind Petrobras. 
  • Mero-4 contributes to Shell’s Capital Market Day 2025 commitment to deliver upstream and integrated gas projects coming on stream between 2025 to 2030 with a total peak production of more than 1 million barrels of oil equivalent per day (boe/d).
  • The operational capacity stated above is a 100% total gross figure.

Cautionary Note

The companies in which Shell plc directly and indirectly owns investments are separate legal entities. In this release “Shell”, “Shell Group” and “Group” are sometimes used for convenience to reference Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to Shell plc and its subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. ”Subsidiaries”, “Shell subsidiaries” and “Shell companies” as used in this release refer to entities over which Shell plc either directly or indirectly has control. The terms “joint venture”, “joint operations”, “joint arrangements”, and “associates” may also be used to refer to a commercial arrangement in which Shell has a direct or indirect ownership interest with one or more parties.  The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest.

Forward-Looking statements

This release contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as “aim”; “ambition”; ”anticipate”; “aspire”, “aspiration”, ”believe”; “commit”; “commitment”; ”could”; “desire”; ”estimate”; ”expect”; ”goals”; ”intend”; ”may”; “milestones”; ”objectives”; ”outlook”; ”plan”; ”probably”; ”project”; ”risks”; “schedule”; ”seek”; ”should”; ”target”; “vision”; ”will”; “would” and similar terms and phrases. There are a number of factors that could affect the future operations of Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this release, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks, including climate change; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, judicial, fiscal and regulatory developments including tariffs and regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; (m) risks associated with the impact of pandemics, regional conflicts, such as the Russia-Ukraine war and the conflict in the Middle East, and a significant cyber security, data privacy or IT incident; (n) the pace of the energy transition; and (o) changes in trading conditions. No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this release are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Shell plc’s Form 20-F for the year ended December 31, 2024 (available at www.shell.com/investors/news-and-filings/sec-filings.html and www.sec.gov). These risk factors also expressly qualify all forward-looking statements contained in this release and should be considered by the reader.  Each forward-looking statement speaks only as of the date of this release, May 26th, 2025. Neither Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this release.

Shell’s net carbon intensity

Also, in this release we may refer to Shell’s “net carbon intensity” (NCI), which includes Shell’s carbon emissions from the production of our energy products, our suppliers’ carbon emissions in supplying energy for that production and our customers’ carbon emissions associated with their use of the energy products we sell. Shell’s NCI also includes the emissions associated with the production and use of energy products produced by others which Shell purchases for resale. Shell only controls its own emissions. The use of the terms Shell’s “net carbon intensity” or NCI is for convenience only and not intended to suggest these emissions are those of Shell plc or its subsidiaries.

Shell’s net-zero emissions target

Shell’s operating plan and outlook are forecasted for a three-year period and ten-year period, respectively, and are updated every year. They reflect the current economic environment and what we can reasonably expect to see over the next three and ten years. Accordingly, the outlook reflects our Scope 1, Scope 2 and NCI targets over the next ten years. However, Shell’s operating plan and outlook cannot reflect our 2050 net-zero emissions target, as this target is outside our planning period. Such future operating plans and outlooks could include changes to our portfolio, efficiency improvements and the use of carbon capture and storage and carbon credits. In the future, as society moves towards net-zero emissions, we expect Shell’s operating plans and outlooks to reflect this movement. However, if society is not net zero in 2050, as of today, there would be significant risk that Shell may not meet this target.

Forward-Looking non-GAAP measures

This release may contain certain forward-looking non-GAAP measures such as adjusted earnings and divestments. We are unable to provide a reconciliation of these forward-looking non-GAAP measures to the most comparable GAAP financial measures because certain information needed to reconcile those non-GAAP measures to the most comparable GAAP financial measures is dependent on future events some of which are outside the control of Shell, such as oil and gas prices, interest rates and exchange rates. Moreover, estimating such GAAP measures with the required precision necessary to provide a meaningful reconciliation is extremely difficult and could not be accomplished without unreasonable effort. Non-GAAP measures in respect of future periods which cannot be reconciled to the most comparable GAAP financial measure are calculated in a manner which is consistent with the accounting policies applied in Shell plc’s consolidated financial statements.

The contents of websites referred to in this release do not form part of this release.

We may have used certain terms, such as resources, in this release that the United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC.  Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov.

ValueLabs Wins Nine Globee® Awards, Validates Position as Agentic AI Services Leader

HYDERABAD, India, May 26, 2025 /PRNewswire/ — ValueLabs has been recognized at the 2025 Globee® Awards for Artificial Intelligence, winning eight Gold and one Bronze awards across key categories. This recognition reinforces the company’s position as an Agentic AI Services company and their standing as a true Category of One.

When Generative AI burst onto the scene 28 months ago, ValueLabs saw it as both an existential threat and a once-in-a-generation opportunity for reinvention. Their response was immediate and decisive.

They declared their traditional business model obsolete and built AiDE®, their Enterprise Operating System, which now powers every function of the organization. With full internal adoption, they are able to deliver solutions at unprecedented speed and scale.

AiDE® acts like an ‘Ironman suit’ for their designers, architects, developers, and testers — amplifying productivity, improving quality, and making the art of the possible come alive. This democratization of expertise has fundamentally transformed how their teams operate across the entire software development lifecycle.

Beyond traditional AI use cases, their Vertical AI consulting and solutions enable enterprises to reimagine their entire business models for an AI-first world. By combining deep domain expertise with Agentic AI capabilities, they help organizations transform industry-specific processes into intelligent, autonomous workflows that drive measurable business outcomes.

This recognition by the Globee® Awards across a wide spectrum of categories underlines the platform’s versatility and real-world impact across industries. ValueLabs was awarded in the following categories:

Gold Awards:

  • Artificial Intelligence Company of the Year: ValueLabs
  • Best Achievement in Artificial Intelligence Operations: AiDE Operations
  • Best AI Platform: AiDE®
  • Best AI-driven Personalization Solution: AiDE UX
  • Best AI-driven Automated Testing Solution: AiDE QE
  • Best AI-powered Customer Insights Solution: AiDE Conversational Insights
  • AI-Driven Threat Detection: AiDE Shield
  • Most Innovative Artificial Intelligence Tool for Customer Service: AiDE Chat

Bronze Award:

  • Best AI-based Knowledge Management Solution: AiDE Academy

“These awards reflect the natural evolution of our 28-year journey,” said Arjun Rao, Founder and Chairman, ValueLabs. “We are not just implementing AI. We are reimagining entire value chains and building autonomous capability across every function. Our move into Agentic AI Services is not a reaction to the moment — it is a continuation of everything we have been building toward.”

Sam Alva, CEO, ValueLabs, noted, “We’re practicing what we preach. AiDE® transforms every aspect of our business — from how our consulting teams shape strategy to how our delivery teams bring strategy to life. It powers how we build proposals, onboard clients, and drive outcomes at scale. Our Vertical AI solutions are opening new possibilities for clients to reimagine their industry-specific challenges with intelligence and speed. The recognition from the Globee® Awards, along with recent honors from Stevie and World HRD awards, affirms that we have moved from the art of the possible to the science of the real.”

The company’s approach reflects what many now refer to as ‘Service-as-Software’ — transforming work once done traditionally, manually into intelligent systems that deliver outcomes at scale. This model allows enterprises to rethink how to operate in an AI-first world.

With more than 7,000 employees worldwide, ValueLabs helps organizations move beyond tool adoption to become truly AI-native businesses. While research shows that 87 percent of enterprises are still in the pilot phase with AI, ValueLabs has reached full production scale across its own operations. The nine Globee® Awards underscore the company’s unique position at the intersection of traditional consulting, cutting-edge technology, and Agentic AI delivery across both horizontal platforms and vertical industry solutions.

About ValueLabs 

Founded in 1997, ValueLabs is a global Agentic AI Services company helping enterprises transition into AI-native businesses. At the core of this transformation is AiDE® — our proprietary platform for AI Driven Everything. This enterprise-grade platform functions as an OS for intelligent work across engineering, operations, and business functions.

With AiDE®, we’ve created a category of our own: combining platform innovation, consulting depth, and outcome-based delivery to solve enterprise-scale challenges. From strategy to execution, we design and deploy tailored AI solutions through both horizontal capabilities and vertical industry offerings.

With a Client NPS of 90 and an Employee NPS of 80, our relationships are built on trust, measurable impact, and long-term value creation.

Charting the Growth of Finance: Future-Ready Chartered Bankers Lead in an Era of Transformation

KUALA LUMPUR, Malaysia, May 26, 2025 /PRNewswire/ — The Asian Institute of Chartered Bankers (AICB) recently held its 8th Chartered Banker Conferment ceremony, honouring the commitment of banking professionals who exemplify the highest standards of professional excellence and lifelong learning in an increasingly complex and rapidly changing financial environment. Held under the theme “Charting the Growth of Finance”, the ceremony underscored the growing importance of nurturing future-ready and ethical banking and finance professionals, especially in light of rising challenges in cybersecurity, data privacy, sustainable finance, and the accelerating impact of digital transformation and fintech.

Bank Negara Malaysia Governor Dato' Seri Abdul Rasheed Ghaffour, AICB Chairman Tan Sri Azman Hashim, Bangko Sentral ng Pilipinas Governor Eli M. Remolona, Jr, and the AICB Council with Chartered Banker Institute (CBI) President Paul Denton, AICB Chief Executive Edward Ling and Asian Banking School Chief Executive Officer Prof. Dr Manivanan Saman, at the 8th Chartered Banker Conferment 2025.
Bank Negara Malaysia Governor Dato’ Seri Abdul Rasheed Ghaffour, AICB Chairman Tan Sri Azman Hashim, Bangko Sentral ng Pilipinas Governor Eli M. Remolona, Jr, and the AICB Council with Chartered Banker Institute (CBI) President Paul Denton, AICB Chief Executive Edward Ling and Asian Banking School Chief Executive Officer Prof. Dr Manivanan Saman, at the 8th Chartered Banker Conferment 2025.

Bank Negara Malaysia Governor Dato’ Seri Abdul Rasheed Ghaffour, who delivered the special address at the ceremony, said: “Malaysia has invested significantly in developing talent in our financial sector. Over the years, we have developed a comprehensive ecosystem of talent affiliates providing training, certification, and future-looking guidance on the skills needed by the financial sector. I also wish to highlight the important role played by financial institutions to further complement these efforts through their respective learning and development academies. While the financial services industry benefits from a good talent development ecosystem, more collective actions are needed to future-proof the workforce.”

A key highlight of the evening was the presentation of the Lifetime Achievement Award by Chartered Banker Institute (CBI) President Paul Denton to AICB Chairman Tan Sri Azman Hashim. This global recognition — the first awarded by CBI in over a decade — celebrates Tan Sri Azman’s decades-long leadership in promoting ethical banking and professional excellence across the region.

AICB Chairman Tan Sri Azman Hashim said: “I am deeply honoured by this recognition. This award is a reflection of the collective progress we have made as an industry in championing ethical professionalism in banking. Banking transcends numbers — it is about trust, stewardship and purpose. I hope this inspires more professionals to embrace continuous learning and lead with integrity in shaping the future of finance.”

The ceremony also honoured the contributions of Governor Eli M. Remolona, Jr. of Bangko Sentral ng Pilipinas (Central Bank of the Philippines) with the AICB Honorary Fellowship — one of the Institute’s highest distinctions. This prestigious award recognises Governor Remolona’s transformative contributions towards fostering greater ASEAN banking integration, effective policymaking, and championing talent development within the financial sector.

Bangko Sentral ng Pilipinas Governor Eli M. Remolona, Jr. said: “It is a tremendous honour to receive the prestigious Honorary Fellowship from the Asian Institute of Chartered Bankers (AICB). In today’s interconnected world, regional collaboration is essential in elevating banking standards across ASEAN. I look forward to deepening the Malaysia–Philippines cooperation in talent development and knowledge exchange and key areas of mutual interest, ensuring that our financial sectors remain robust, ethical, and future-ready.”

As banking continues to evolve rapidly, AICB reaffirmed its commitment to professionalising and upskilling the workforce through its professional education offerings. Its flagship Chartered Banker qualification, developed in collaboration with the UK’s Chartered Banker Institute, sets the gold standard for banking professionalism. AICB also provides specialised certifications in areas such as digital transformation, financial crime prevention, sustainable finance and more.

AICB Chief Executive Edward Ling said: “Professionalism and upskilling in banking is no longer optional — it is essential. At AICB, we are committed to expanding our growing community of over 800 Chartered Bankers in the next two years, empowering the industry with future-ready capabilities. Through our robust education programmes, the Future Skills Framework and thought leadership initiatives in key areas such as digital innovation and sustainable finance, we aim to equip our members with the critical skills and professional foundation needed to navigate and innovate the future of banking and finance.”

The ceremony conferred the prestigious Fellow Chartered Banker (FCB) status on 14 distinguished industry leaders, including AICB Council Member Dato’ Mohd Rashid Mohamad, Group Managing Director / Group Chief Executive Officer of RHB Bank Berhad. Additionally, 71 AICB members were conferred the Chartered Banker (CB) status, while over 500 members attained the Associate Chartered Banker status.

The ceremony also celebrated recipients of the Excellence and Corporate Awards. Attended by over 480 guests comprising members of the AICB Council and C-suite executives, the 8th Chartered Banker Conferment ceremony reaffirmed AICB’s role in building a resilient, ethical, and future-ready professional banking workforce for Malaysia and the region.

About Asian Institute of Chartered Bankers

AICB is Malaysia’s premier professional body for the banking industry, governed by a council comprising representatives from Bank Negara Malaysia (BNM), The Association of Banks in Malaysia (ABM) and the Malaysian Investment Banking Association (MIBA). With over 37,000 members, our mission is to elevate banking standards by developing professionals who exemplify integrity, expertise and competence.

As the exclusive institute in Southeast Asia authorised by the UK’s Chartered Banker Institute, we confer the prestigious Chartered Banker status. AICB collaborates with industry leaders to ensure our qualifications remain relevant, equipping bankers with the skills needed to thrive in the dynamic banking sector.

Our commitment goes beyond education, offering members opportunities for growth through innovative learning, advocacy for professionalism, thought leadership and valuable networking initiatives.

For more information on AICB, please visit www.aicb.org.my