[2.5 million kilowatt new energy project to be built in Balikun County, Xinjiang] Sany Heavy Energy signed an investment promotion agreement with the People's Government of Balikun Kazak Autonomous County. The company's megawatt intelligent wind power equipment manufacturing industrial park is planned to be located in the Green Industrial Park in Dahe Town, Balikun County and Santanghu Town. The total investment of the project is 9 billion yuan. It is planned to build an annual capacity of 2 million kilowatts megawatt intelligent wind power equipment manufacturing industrial park, a 500000 kilowatt wind storage new energy project and a 1 million kilowatt wind power hydrogen and ammonia production project. Editor/Zhao E

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• 2026.08.06 11:13
• [Jizhong Energy Zhangjialiang Coal Mine Reconstruction Project Starts Construction]
• The Zhangjialiang coal mine renovation project of Jizhong Energy Zhangkuang Group has officially started construction recently, shifting from the procedural stage to the substantive construction stage. The project started to revitalize the resources of deep 5-1 coal seam to 6-2 coal seam to ensure the continuity of coal mine capacity. The special team completed the approval of the safety facility design after three months, obtained the environmental impact assessment approval on June 26th, and obtained the construction record receipt on July 27th. The project will continue the open-pit mining process and advance from the western boundary of the third mining area. After production, it can activate coal resources and stabilize annual production capacity. After the completion of earthwork stripping, it is expected that coal can be extracted in mid October. Editor/Cheng Liting

• 2026.08.06 11:02
• [Saudi Aramco's Q2 net profit increased by 44% year-on-year]
• Saudi Arabian National Oil Company released its financial report on August 4, 2026, showing a net profit of 32.7 billion US dollars in the second quarter of 2026, higher than the 22.7 billion US dollars in the same period last year and a year-on-year increase of 44%. According to the financial report, Saudi Aramco's average crude oil sales price in the second quarter was $108.1 per barrel, up 41% month on month and 62% year-on-year. Editor/Cheng Liting