[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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• 2026.04.30 15:36
• [Chongqing Guizhou back-to-back networking project starts construction]
• On April 29, 2026, the Chongqing Guizhou Back to Back Interconnection Project (Guizhou side) started construction in Xishui, Zunyi. Southern Power Grid invested 580 million yuan and plans to put it into operation in June 2027. The project involves the construction of 87.9 kilometers of transmission lines and 179 iron towers, connecting the national and southern power grids. The project is located in the mountainous area of northern Guizhou, and needs to overcome karst geology and 352 crossing difficulties. After being put into operation, it will meet the annual growth demand of 6.4% and 7.8% of the load in Chongqing and Guizhou. Editor/Cheng Liting

• 2026.04.30 15:35
• [Daqing Oilfield's Sichuan Chongqing Exploration Area breaks through the barrier again]
• On April 27, 2026, the cumulative sales volume of natural gas in the Sichuan Chongqing exploration area of Daqing Oilfield has exceeded 5 billion cubic meters, reaching 5.03 billion cubic meters, and the daily gas production has remained stable at 5.7 million cubic meters, injecting strong momentum into the construction of the Chengdu Chongqing economic circle and national energy supply guarantee. Editor/Cheng Liting