[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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• 2026.06.01 11:50
• [The unveiling of the Sino Russian Industrial Intelligence International Joint Laboratory]
• Recently, Qingdao University of Science and Technology held the unveiling ceremony of the International Joint Laboratory of Industrial Intelligence and the 2026 Industrial Intelligence Academic Forum, with Chinese and foreign academicians, government and enterprise representatives attending the event. The school collaborates with Russian research institutions to establish an international joint laboratory for industrial intelligence, focusing on cutting-edge technology research and industrial transformation in industrial intelligence. At the same time as the event, a provincial-level school enterprise industry university research collaborative innovation center was established, and several top experts from China and abroad conducted academic sharing to empower the intelligent and green transformation and upgrading of the manufacturing industry.Editor/Gong Ziwei

• 2026.06.01 11:46
• [China's first large-scale LNG transport ship successfully delivered]
• On May 29, 2026, the 174000 cubic meter large LNG transport ship built by CSSC Hudong Zhonghua was officially delivered. This ship is also China's first large LNG transport ship to achieve full spectrum assembly of domestically produced ultra-low temperature valves for cargo hold enclosure systems, marking the construction of a complete industrial chain of large LNG transport ships in China from materials, design to supporting equipment.Editor/Gong Ziwei