[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
The Pinglu Canal will be completed and open for navigation on September 16, 2026. It is reported that the Pinglu Canal started construction on August 28, 2022, with a total investment of about 72.7 billion yuan and a total length of 134.2 kilometers. It is the first national level coordinated construction of the Tongjiang Dahai Canal project in China since the founding of the People's Republic of China. This canal, which has the highest domestic navigation level, is built according to the Class I standard for inland rivers and can accommodate ships of up to 5000 tons.Editor/Cheng Liting
Shaanxi Coal Industry announced that its coal production in August 2026 was 15.02 million tons, a year-on-year increase of 5.00%; The sales volume of self-produced coal reached 13.49 million tons, a year-on-year increase of 4.58%. The cumulative coal production from January to August 2026 was 120.48 million tons, a year-on-year increase of 4.02%; The cumulative sales of self-produced coal reached 110.51 million tons, a year-on-year increase of 3.51%.Editor/Cheng Liting