[Energy China signs two pumped-storage projects]On June 30, the People's Governments of Pingchuan District and Baiyin District, Baiyin City, Gansu Province and Energy China Northwest Construction Investment signed the Baiyin City Pingchuan District Pumped Storage Power Station Project and the Baiyin District Pumped Storage Power Station Project Investment and Development Intention Cooperation Agreement. Editor / Xu Shengpeng
On November 12, 2026, China National Offshore Oil Corporation (CNOOC) announced that China has discovered a high-yield volcanic oil and gas well through drilling in ultra deep formations over 5000 meters in the Bohai Sea, marking a breakthrough in China's offshore exploration of ultra deep natural gas. The well is located in the central waters of the Bohai Sea, adjacent to the largest hydrocarbon rich depression in the Bohai Sea - the Bozhong Depression. The operation team has encountered over 120 meters of natural gas reservoirs in volcanic rock formations, with a total drilling depth of 5770 meters. After testing, the well produces approximately 800000 cubic meters of natural gas per day.Editor/Gong Ziwei
The 42nd Abu Dhabi International Petroleum Exhibition was held in Abu Dhabi, attracting 2260 companies from over 170 countries and regions worldwide, with energy security and green transformation becoming the focus. Multiple Chinese companies showcased digital and low-carbon oil and gas technology equipment and signed cooperation agreements on site. China Arab energy cooperation continues to extend to the industrial chain, giving consideration to local talent training, and helping to jointly build the the Belt and Road and global energy security.Editor/Gong Ziwei