[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
On October 26, 2026, the European Union launched the Mediterranean Energy Investment Platform T-MED, with a maximum guarantee of 4.5 billion euros, aiming to leverage 25 billion euros of investment by 2035, covering renewable energy, green hydrogen, grid energy storage and other fields.Editor/Gao Xue
On October 26, 2026, the cumulative oil transportation through the China Myanmar crude oil pipeline exceeded 100 million tons. This pipeline is the fourth largest energy import channel in China, with a domestic section of 618 kilometers. It was put into operation in 2017, with an average daily oil transportation of 35000 tons, and 5 intelligent stations have been built.Editor/Gao Xue