[Texas Instruments spends $30 billion open semiconductor factory in its hometown] Texas Instruments broke ground this week in the town of Sherman, about 20 kilometers north of Dallas, to produce 300-millimeter semiconductor chips. If fully completed, the project is expected to be worth $30 billion. Governor Greg Abbott, who attended the ceremony, described the project as the largest economic development investment in Texas history. Editor/Xing Wentao
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  • 2022.07.04 18:16
  • [SEG, Kontiki discover new oil and bitumen fields in Uzbekistan]
  • Sanoat Energetika Guruhi and its partner Kontiki Exploration have discovered an ultra-heavy oil and bitumen field in the Zerafshan sag in Uzbekistan. The new discovery, known as Yangi Uzbekistan, is located in the area between the cities of Samarkand and Navoi and is the largest oil field in Uzbekistan. It is estimated that Yangi Uzbekistan has reserves of about 100 million tons of bituminous oil and is expected to produce up to 1 million tons of bituminous oil per year by 2025. Editor/Xing Wentao
  • 2022.07.04 18:16
  • [Russia will take full control of Sakhalin 2 oil and gas project]
  • Russian state-owned Gazprom will retain its 50% plus 1 stake in the Sakhalin-2 project, while its foreign partners Shell (27.5%), Mitsui (12.5%) and Mitsubishi (10%) are expected to give up their stakes in Sakhalin-2 stake in the project. The economic impact of the ongoing war in Ukraine. Editor/Xing Wentao