[Turkey discovers oil reserves worth about $1 billion] Turkey discovers oil worth about $1 billion Turkish President Recep Tayyip Erdogan said reserves of high-quality oil worth about $1 billion have been discovered in the country's southern province of Adana. Editor/Xing Wentao

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• 2026.07.31 10:58
• [EU plans to invest 10 billion euros to build 7 AI super factories]
• On July 30, 2026, the European Commission announced the start of bidding for the construction of up to seven AI super factories in various parts of Europe. This initiative is led by the industry and has received up to 10 billion euros in funding support from the European Union and member states, and is expected to drive at least 20 billion euros in private investment across the entire EU. The European Commission stated that it has signed letters of intent with AMD, Nvidia, and Qualcomm to ensure that the AI Gigafactory consortium can smoothly acquire the necessary hardware equipment. Editor/Gong Ziwei

• 2026.07.31 09:44
• [Allseas wins Canadian LNG subsea pipeline contract]
• In July 2026, Swiss marine engineering giant Allseas won the installation contract for the underwater section of the Canadian PRGT natural gas pipeline, which will lay approximately 50 kilometers of pipelines connecting onshore systems with Ksi Lisims floating LNG facilities. The offshore operation plan is scheduled to start in 2029.Editor/Gao Xue