[Russia will take full control of Sakhalin 2 oil and gas project]Russian state-owned Gazprom will retain its 50% plus 1 stake in the Sakhalin-2 project, while its foreign partners Shell (27.5%), Mitsui (12.5%) and Mitsubishi (10%) are expected to give up their stakes in Sakhalin-2 stake in the project. The economic impact of the ongoing war in Ukraine. Editor/Xing Wentao
On August 28, 2026, the Dongfang Shuguang 1 heavy-duty gas turbine officially departed from Deyang, Sichuan and was shipped to the Jangbur Oblast of Kazakhstan. This is the first complete export of China's independently developed F-class heavy-duty gas turbine. This national treasure will be used for the first 70 MW gas-fired combined cycle power plant project in the area.Editor/Gong Ziwei
On August 30, 2026, the main project of Huadian Lingbao Pumped Storage Power Station officially started, marking a new stage of comprehensive implementation of the project construction. The project is located in Zhuyang Town, Lingbao City, Sanmenxia City, Henan Province. It is invested and constructed by Huadian International Power Co., Ltd. It will install four 300000 kW single-stage vertical shaft mixed flow reversible units with a total installed capacity of 1.2 million kW. It is planned to be put into operation for power generation in 2030.Editor/Gong Ziwei