[The dome of No. 2 storage tank of Wenzhou LNG project rises]According to China State Construction Power Construction Co., Ltd., the dome of No. 2 storage tank of the Huagang LNG (liquefied natural gas) project in Wenzhou, Zhejiang Province, which is undertaking the civil construction tasks, has been successfully lifted into place recently, laying the foundation for the project to be completed and put into production on time. The project is one of the 53 coastal LNG receiving stations that have been completed and put into operation and are under planning in the country. The total investment is 10.6 billion yuan. It is planned to construct 6 160,000 cubic meters LNG storage tanks and supporting process facilities and 1 in three phases. 100,000-ton wharf. Editor/Xu Shengpeng
The Zhangjialiang coal mine renovation project of Jizhong Energy Zhangkuang Group has officially started construction recently, shifting from the procedural stage to the substantive construction stage. The project started to revitalize the resources of deep 5-1 coal seam to 6-2 coal seam to ensure the continuity of coal mine capacity. The special team completed the approval of the safety facility design after three months, obtained the environmental impact assessment approval on June 26th, and obtained the construction record receipt on July 27th. The project will continue the open-pit mining process and advance from the western boundary of the third mining area. After production, it can activate coal resources and stabilize annual production capacity. After the completion of earthwork stripping, it is expected that coal can be extracted in mid October. Editor/Cheng Liting
Saudi Arabian National Oil Company released its financial report on August 4, 2026, showing a net profit of 32.7 billion US dollars in the second quarter of 2026, higher than the 22.7 billion US dollars in the same period last year and a year-on-year increase of 44%. According to the financial report, Saudi Aramco's average crude oil sales price in the second quarter was $108.1 per barrel, up 41% month on month and 62% year-on-year. Editor/Cheng Liting