[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 25, 2026, the world’s largest-diameter underwater shield tunnel, the Jinan Huanggang Road Yellow River Tunnel constructed by CR14G, was officially opened to traffic. Adopting a single-tube double-deck structure and overcoming multiple world-class technical challenges, the tunnel cuts the cross-river travel time from 40 minutes to merely five minutes.Editor/Min Jing
Recently, Jingtang Port in Tangshan launched its first open-top container freight train transporting Indonesian coking coal from Jingtang Port to Xiaonan, adding a new cargo type to its freight business. Targeting the coal demand of enterprises in Shanxi, the port has standardized operation procedures and strictly implemented environmental protection requirements, successfully opening up a new railway transportation channel for imported coking coal.Editor/Min Jing