[China Railway and State Power Investment Corporation signed a contract]On June 29, 2022, China Railway and State Power Investment Corporation signed a strategic cooperation agreement and a memorandum on the launch of a strategic cooperation pilot project in Beijing. Chen Yun, Secretary of the Party Committee and Chairman of China Railway Group, and Qian Zhimin, Secretary of the Party Group and Chairman of SPIC attended the signing ceremony. Liu Baolong, member of the Standing Committee and Vice President of the China Railway Party Committee, signed a strategic cooperation agreement with Chen Xi, a member of the State Power Investment Party Group and Chief Accountant, on behalf of the two parties. Signed the Memorandum of Understanding on the Launch of the Strategic Cooperation Pilot Project on behalf of both parties. Editor / Zhao E
On September 15, 2026, the Qatar BH EPIC project of China National Offshore Oil Corporation (CNOOC) started construction in Qingdao. This is the highest international offshore oil and gas engineering general contracting project in China to date, with a total amount of approximately 4 billion US dollars. The project includes more than 60 offshore oil and gas facilities, 40 submarine pipelines and cables, and a total steel processing capacity of over 130000 tons. During the 14th Five Year Plan period, CNOOC Engineering has undertaken over 170 overseas projects, and its global competitiveness in high-end offshore engineering contracting continues to improve. Editor/Cheng Liting
On September 14, 2026, Nigeria's Dangote Refinery officially launched a public IPO, issuing 4.1 billion shares at 525 naira per share, fully subscribing to raise 2.15 trillion naira. The funds will be used to double the refining capacity to 1.4 million barrels per day. Previously, a $2.5 billion institutional private placement was completed in July, and the public subscription period for this time is until October 13th, with a minimum subscription threshold of 10 shares. For overseas Chinese enterprises in petrochemical equipment and engineering, they can follow up on the subsequent expansion and procurement process by combining the already established process cooperation directions. Editor/Cheng Liting