[Guangdong Guangfo West Ring Intercity Railway Co., Ltd. inaugurated]On June 22, 2022, the implementation agreement for the construction of Nanhai District of the project from Foshan West Station to Guangzhou North Station of the Pearl River Delta Intercity Rail Transit Guangfo Ring Line was officially signed, and the Guangdong Guangfo West Ring Intercity Railway Co., Ltd. was unveiled. Further consolidate the comprehensive network of Guangzhou-Foshan rail transit. Guangfo West Ring will start construction at the end of September 2022, further optimize and improve the layout of the intercity network in the Greater Bay Area, connect Guangfo Central City, the New Industrial Park of the Northern Warfare, Huadu City and other areas, and become one of the city-wide integration of Guangfo. important milestones. Editor / Zhao E
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