[Azerbaijan targets clean energy for 30% of total power generation by 2030] Abu Dhabi-based clean energy company Masdar has opened an office in Azerbaijan's capital, Baku, and has pledged to step up support for renewable energy initiatives in Central Asia. Founded by Mubadala in 2006, Masdar has played a global leadership role in clean energy and has also helped advance the country's economic diversification and climate action agenda. Masdar is active in more than 40 countries and has invested or committed to invest in projects worth more than US$30 billion. The company aims to increase its capacity to at least 100 GW of renewable energy capacity by 2030. Editor/Xing Wentao

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• 2026.06.03 11:10
• [Haikou East Station to welcome its largest expansion in 16 years]
• On June 1, 2026, the plan for the expansion project of Haikou East Station was publicly announced, with a total investment of 186 million yuan and an expansion area of 5970 square meters. The project will carry out a systematic renovation of the first and second floors of the station, adding barrier free facilities, expanding the waiting hall, optimizing the entry and exit flow lines, and simultaneously improving supporting facilities such as power supply and distribution, fire protection, etc. The construction adopts the "reverse edge construction" scheme to ensure uninterrupted operation.Editor/Cheng Liting

• 2026.06.03 11:10
• [Petrobras signs two FPSOs, opening up new frontiers in oil and gas production]
• Recently, Petrobras and SBM Offshore of the Netherlands officially signed contracts for two floating production storage and offloading oil tankers to advance the production of two approved oil and gas development projects in the Sergipe Alagoas Basin. These two FPSOs will provide core production and storage facilities for deep-sea oil and gas fields along the northeast coast of Brazil, marking the country's official entry into a new stage of large-scale development in the basin. Editor/Cheng Liting