[South African Ports Authority plans to invest$570 million in port infrastructure] South Africa's Transnet National Port Authority plans to invest around $566 million over the next seven years in various infrastructure facilities in East London, Port Elizabeth and Ngula. Ports of Nelson Mandela, Elizabeth and Ngula will receive $299 million in investment, while East London will receive the remaining approximately $268 million. The first investment of around R570 million will take place in the 2022/2023 financial year. TNPA's latest investment plan aims to realign South African port operator Transnet with other key economic sectors. Editor/Xing Wentao

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• 2026.08.03 16:17
• [Türkiye and Iraq Sign Crude Oil Transportation Agreement]
• Türkiye and Iraq signed an agreement on August 1 to ensure that crude oil will continue to be transported through the Kirkuk Ceyhan oil pipeline from Iraq to Türkiye. This agreement was signed on the same day by Türkiye National Petroleum Pipeline Company, Iraq's state-owned oil company - National Petroleum Marketing Organization and Northern Petroleum Company in Ankara, Türkiye's capital, for a period of one year.Editor/Gong Ziwei

• 2026.08.03 16:12
• [Grid connected power generation of CGN Ningde offshore photovoltaic project]
• On July 31, 2026, CGN Ningde 200 MW offshore photovoltaic project will be fully connected to the grid for power generation. This project is one of the first offshore photovoltaic projects in Fujian Province and also the first nuclear photovoltaic offshore photovoltaic project of CGN. It has important demonstration significance for promoting the green transformation of local energy structure, building a new energy system, and helping the region to build zero carbon demonstration parks.Editor/Gong Ziwei