[SEG, Kontiki discover new oil and bitumen fields in Uzbekistan]Sanoat Energetika Guruhi and its partner Kontiki Exploration have discovered an ultra-heavy oil and bitumen field in the Zerafshan sag in Uzbekistan. The new discovery, known as Yangi Uzbekistan, is located in the area between the cities of Samarkand and Navoi and is the largest oil field in Uzbekistan. It is estimated that Yangi Uzbekistan has reserves of about 100 million tons of bituminous oil and is expected to produce up to 1 million tons of bituminous oil per year by 2025. Editor/Xing Wentao
The world's largest difficult to select iron ore magnetization roasting project will be completed and accepted on September 1, 2026. This technology integrates multiple core innovations such as complex mineral directional transformation process, low-temperature reaction process strengthening theory, and particle residence time control method, which can produce iron concentrate products with iron element mass accounting for 65% after processing iron tailings with only 11% iron content. Editor/Cheng Liting
As of August 31, 2026, the cumulative trading volume of Hubei carbon market is 425 million tons, with a trading volume of 10.567 billion yuan, both accounting for more than 40% of the national total, making it the first pilot carbon market with a trading volume exceeding 10 billion yuan. Editor/Cheng Liting