[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
In March 2026, the CNNC Xinao Yumen solar thermal energy storage+photovoltaic+wind power project will be fully connected to the grid, with a total installed capacity of 700000 kilowatts and an annual power generation of 1.75 billion kilowatt hours. Yumen has formed a multi energy complementary system of wind, solar, water, fire, hydrogen storage, and has built the world's first 300 megawatt compressed air energy storage power station.Editor/Gao Xue