[The total planned scale of Fengscenery base is 450GW] On November 29, the National Development and Reform Commission (NDRC) issued a paper titled "Remarkable Results of Green and Low-carbon Energy Transformation Action -- Progress of Ten Actions to Reach the Carbon Peak (I)", which pointed out that the planning and layout of large-scale wind power photovoltaic bases focusing on desert, Gobi and desert areas, with a total planned scale of about 450 million kW, should be implemented. At present, the construction of the first batch of 95 million kW base projects has all started. The list of the second batch of projects has been issued, the preliminary work has been accelerated, and the third batch of base projects have been organized and planned. Editor/Xu Shengpeng
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  • 2026.09.15 16:05
  • [CNOOC Qatar Offshore Oil and Gas General Contracting Project starts construction]
  • On September 15, 2026, the Qatar BH EPIC project of China National Offshore Oil Corporation (CNOOC) started construction in Qingdao. This is the highest international offshore oil and gas engineering general contracting project in China to date, with a total amount of approximately 4 billion US dollars. The project includes more than 60 offshore oil and gas facilities, 40 submarine pipelines and cables, and a total steel processing capacity of over 130000 tons. During the 14th Five Year Plan period, CNOOC Engineering has undertaken over 170 overseas projects, and its global competitiveness in high-end offshore engineering contracting continues to improve. Editor/Cheng Liting
  • 2026.09.15 16:04
  • [Dangote Refinery launches largest public IPO in Africa]
  • On September 14, 2026, Nigeria's Dangote Refinery officially launched a public IPO, issuing 4.1 billion shares at 525 naira per share, fully subscribing to raise 2.15 trillion naira. The funds will be used to double the refining capacity to 1.4 million barrels per day. Previously, a $2.5 billion institutional private placement was completed in July, and the public subscription period for this time is until October 13th, with a minimum subscription threshold of 10 shares. For overseas Chinese enterprises in petrochemical equipment and engineering, they can follow up on the subsequent expansion and procurement process by combining the already established process cooperation directions. Editor/Cheng Liting
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