Our Strategy
Ethics: We Are Committed To Exemplary Behavior
Oriental Energy Industry CO LTD. conducts business in numerous nations with intricate, varied economic and social contexts. We run the risk of being compromised in terms of our health, safety, security, and ethics in this situation. States and civic society have especially high expectations for our industry because of this. We thus use our principles as a daily guide to direct our activities and interactions with our stakeholders, working together to accomplish our goal of becoming a leading role in the energy transition.
In each of our host nations, we apply and abide by all applicable local, state, federal, and international laws and regulations. Our values—safety, respect for one another, a pioneer spirit, the desire to stand together, and a performance-minded mindset—have become more than just guidelines; they now serve as the compass for our daily actions. Our Code of Conduct is based on our two basic values: respect for one another and safety.
Safety: Untiring collective vigilance
Safety is the cornerstone of our operating efficiency because the industry in which we operate can never be totally risk-free. Additionally, building trusting connections with our host countries and operating sustainably are both predicated on safety. We must improve risk management at work stations and throughout our facilities if we are to reach our target of zero fatal accidents. Being safe is a constant struggle that requires humility and attention to detail. In addition to constantly adhering to safety regulations, individuals should intervene if they believe a situation to be dangerous. When selecting our business and industrial partners, safety is another crucial factor. Their capacity to implement a policy that is comparable to ours is something we value highly.
A major commitment to promote financial transparency
At Oriental Energy Industry CO LTD., we advocate for openness with regard to the revenue generated by our operations. Since its founding in 2002, we have backed the Extractive Industries Transparency Initiative (EITI), which aims to notify host country governments of the payments made by extractive industry companies. We are especially involved in this voluntary, international endeavor because it provides a forum for communication for all parties, including governments, mining, oil, and gas firms, and civil society. We record the payments made by the Company’s extractive companies for the benefit of each state or territory in which Oriental Energy Industry CO LTD. conducts business, in addition to our commitment in support of the EITI. We violate the annual Universal Registration Document.
Our Code of Conduct, which acts as our reference document, outlines our beliefs, reference standards, and individual and collective ideals. It is mainly meant for our managers and staff, who are required to follow it in their day-to-day work. We firmly believe that mutual respect and trust between Oriental Energy Industry CO LTD. and its staff, as well as amongst the staff members themselves, are fundamental to our growth. In addition, our Code of Conduct outlines our expectations and commitments to our other stakeholders, such as suppliers, consumers, and shareholders, ensuring that everyone benefits from our continuous expansion and that it contributes to the social and economic advancement of all of our host nations.
