[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

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• 2026.11.11 11:19
• [China Development Bank signs Kazakhstan China pipeline financing agreement]
• Recently, the China Development Bank signed a financing agreement for the Kazakhstan ethane propane pipeline project in Beijing, providing a loan of 2.89 billion yuan to implement the cooperation results of the China Asia Summit and support the full industry chain cooperation of oil and gas between China and Kazakhstan. The project is the first liquid ethane propane long-distance pipeline in Kazakhstan. The general contracting was finalized in November 2025, and construction began in October of this year. It is expected to be put into operation by the end of 2028. The construction phase is expected to create about 1300 local job opportunities and also drive domestic equipment engineering services to go global.Editor/Li Xiaohua

• 2026.11.11 11:12
• [Assembly of the first tower of Zhejiang ultra-high voltage ring network]
• On November 10, 2026, the first tower of the Zhejiang ultra-high voltage AC ring network project was completed in Shangyu, Shaoxing, and the project officially entered the tower assembly stage, helping to promote clean energy consumption and power grid supply in East China. This project is a key power engineering project during the 15th Five Year Plan period, with a total investment of 29.3 billion yuan. It is planned to be put into operation in November 2029 and will create the first provincial high-voltage AC ring network in China. The project can consume over 57 billion kilowatt hours of clean energy annually, effectively reducing carbon emissions and improving the power supply guarantee level in the Yangtze River Delta.Editor/Li Xiaohua