[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 March 6, 2026, the centralized procurement and bidding for the nearly 2GW wind power project of Huaneng Group was opened, and Dongfang Electric became the first candidate to win the bid for the 240MW section with a quotation of about 367 million yuan. This project requires a single machine of 6.25MW to 8MW, with an impeller diameter of not less than 220 meters, and a 160 meter truss tower, reflecting the trend of onshore wind power large sizing and scene customization.Editor/Gao Xue
In March 2026, the bidding candidates for the key project of Inner Mongolia Huadian Tengger 4 × 1 million kilowatt coal-fired power project with a total investment of over 15 billion yuan were announced. The coal transportation system section was ranked first by China Power Construction Shandong Electric Power Construction Company with a quotation of 219 million yuan, while the chimney section was won by Northeast Electric Power Smoke Tower Company with a quotation of 116 million yuan. This project is a national key energy project, planned to be completed in 2027.Editor/Gao Xue