[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 National Development and Reform Commission and the National Energy Administration recently issued the 15th Five Year Plan for the development of oil and gas, which clearly outlines the relevant arrangements for Xinjiang in multiple places. The plan includes the Tarim, Junggar, and Qaidam basins as national level oil and gas strategic support bases, promoting the construction of the Hami coal to oil and gas base in Zhundong, and initiating the construction of export channels such as the West East Gas Pipeline Fourth and Fifth Lines. With the implementation of the plan, the positioning of Xinjiang's national energy and resource strategic guarantee base will be further consolidated, and the role of the national energy ballast stone will continue to strengthen, providing core support for ensuring national energy security. Editor/Cheng Liting
On August 18, 2026, Qinghai Xinding Copper Source New Materials' annual production of 220000 tons of low oxygen copper rod continuous casting and rolling production line project officially started construction in Ganhe Industrial Park, Xining National Economic and Technological Development Zone. As a key achievement of chain investment promotion in the park, the project has a total investment of 300 million yuan and adopts advanced domestic continuous casting and rolling equipment. After completion, it can form an annual production capacity of 220000 tons of high-end low oxygen copper rods. Editor/Cheng Liting