[South-to-North Water Diversion Iron Works New Energy Co., Ltd. inaugurated] Recently, the South-to-North Water Diversion Iron Works New Energy Co., Ltd. was unveiled at the China Iron Works Investment Headquarters and successfully completed the industrial and commercial registration. The unveiling ceremony was held in the form of a video conference. Under the chairmanship of Sun Zhiyu, member of the party group and deputy general manager of China South-to-North Water Diversion Group, Zhang Jianguo, secretary of the party committee and chairman of the group company, and Lu Jian, member of the party committee and secretary of the Disciplinary Committee of China South-to-North Water Diversion Group New Energy Investment Co., Ltd. The South-to-North Water Diversion Iron Works New Energy Co., Ltd. was unveiled. Editor / Zhao E

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• 2026.03.18 17:16
• [Spain advances research on the Strait of Gibraltar tunnel]
• The Spanish Ministry of Transport and Sustainable Transport has approved 1.73 million euros for conducting technical research on the Secegsa railway tunnel crossing the Strait of Gibraltar to Morocco. Previous research by German company Herrenknecht has confirmed that a 65 kilometer long tunnel is technically feasible, but due to significant geological challenges such as flying sand structures, seabed depth, and instability, the possibility of completion before the 2030 World Cup has been ruled out. The actual construction period is expected to be between 2035 and 2040.Editor/Cheng Liting

• 2026.03.18 17:10
• [Fujairah oil port attacked by drones again]
• On the morning of March 17, 2026, the Fujairah oil industry zone was attacked by drones and caught fire again. The civil defense department is making every effort to control the fire, and there are currently no casualties. This is the fifth attack on the area since early March, driven by Iran's ongoing attacks on energy facilities in the United Arab Emirates. Fujairah holds a strategic position in the Strait of Hormuz, and the conflict has caused about one-fifth of the world's oil and gas supply to be blocked. Brent crude oil broke through $100 on March 9th and remained at $103.87 as of the 17th. As a key global storage and transportation hub, giants such as Abu Dhabi National Oil Company, Saudi Aramco, Shell, and Vopak operate terminals and pipelines here, responsible for core businesses such as Murban crude oil. Geopolitical risks are seriously threatening the security of the global energy supply chain.Editor/Cheng Liting