[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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  • 2026.06.10 11:08
  • [JSW Steel's new 650 billion rupee plant lands in Odisha, India]
  • JSW Steel, India's largest steel company, has started construction of a 650 billion rupee integrated steel plant in Paradip, Odisha, with a designed annual production capacity of 13.2 million tons. The earliest production date is 2028. This project is one of the largest industrial investments in the state, in line with the mission strategy in eastern India. It was once the site chosen by POSCO due to local opposition in 2000. JSW plans to increase its total production capacity from 31.9 million tons to 48.8 million tons by 2030, and capital expenditures will increase by nearly 50% year-on-year in the next fiscal year. Editor/Cheng Liting
  • 2026.06.10 11:07
  • [The second phase of the Heilongjiang Water Conservancy Project has started construction]
  • The second phase of the major water conservancy project to increase grain production capacity in Heilongjiang Province will start construction on June 9, 2026, in Shuangyashan. This project is a landmark major project in the dual water conservancy field of the country, with a total designed irrigation area of about 12.8 million mu, which can increase the annual grain production capacity by nearly 3 billion jin. After completion, it will play a key role in regional water resource allocation, ecological replenishment, and prevention and control of groundwater overexploitation, helping to enhance national food security and optimize the layout of the Northeast water network. Editor/Cheng Liting
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