[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

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• 2026.07.28 16:39
• [CATL West Country Joint Venture Battery Factory Plan Approved]
• On July 27, 2026, the autonomous region of Aragon in Spain approved the overall plan for a joint venture battery factory between CATL and Strantis. The 4.1 billion euro project will land in Zaragoza, with a production capacity of 50GWh and the potential to create 4000 jobs. The factory covers an area of 367000 square meters, and the funds are mostly used for infrastructure and production equipment. Due to the lag in visa and accommodation facilities for foreign personnel, the factory's production will be postponed from the end of 2026 to early 2027. A large number of Chinese technical personnel are required for construction, and the local authorities are promoting the planning of temporary dormitories to ensure construction.Editor/Gong Ziwei

• 2026.07.28 16:35
• [The construction of the Jiatong Railway mainline has come to a successful conclusion]
• On July 25, 2026, the Tongjiang Extra Large Bridge of Heilongjiang Jiatong Railway completed all beam erection work, and the main project was successfully completed, marking the end of the construction of the main line of Jiatong Railway. The bridge has a total length of over 10 kilometers and is the longest newly-built bridge in the China Europe East Passage port section. As the core control project of the entire line, the bridge will greatly enhance the traffic capacity of Tongjiang Port and increase the freight capacity by more than three times after it is put into operation. The project adopts a bridge instead of road scheme to adapt to frozen soil environment, save black soil resources, and assist in the transportation of bulk commodities for foreign trade at the port.Editor/Gong Ziwei