[Bidding Opening for Ningbo Xiwu-Ma'aoling Expressway Expansion Project] On March 22, 2023, the Zhejiang Provincial Department of Transportation released the announcement of the bid evaluation results for investors in the reconstruction and expansion project of the G15 Shenhai Expressway Ningbo Xiwu to Ma'aoling section. The G15 Shenhai Expressway Ningbo Jiangshan to Ma'aoling section is a national The G15 Shenhai Expressway, one of the 11 north-south longitudinal lines of the expressway network, is a component of the nine-vertical, nine-horizontal, five-ring, and five-channel multi-connection of the expressway network in Zhejiang Province. It is also a part of the Yongtaiwen Expressway. component. The G15 Shenhai Expressway Ningbo Jiangshan-Ma'aoling Section Reconstruction and Expansion Project is divided into two projects: the G15 Shenhai Expressway Ningbo Jiangshan-Xiwu Section Reconstruction and Expansion Project, and the G15 Shenhai Expressway Ningbo Xiwu-Maaoling Section Reconstruction and Expansion Project. The total length of the main line of this project is 69.069km, of which the width along the old road is 53.615km, the new line is 15.454km, and the length of the Meilin branch line is 2.99km. A total of 6 intercommunications and 2 service areas are set up in this project. Among them, 3 existing intercommunications need to be reconstructed in situ, 1 relocated intercommunication, 2 newly built intercommunications, 1 expanded service area, and 1 relocated service area. The main line is equipped with 20598m/114 bridges, including 10726m/5 super-large bridges, 7589m/18 large bridges, 2283m/91 medium and small bridges; 5400.5m/5 tunnels, including 4530.5m/3 long tunnels and 870m medium and short tunnels /2 blocks; the length of bridges and tunnels accounts for 37.65% of the total length of the route. The project investment is estimated to be about 19.698 billion yuan, of which construction and installation costs are about 12.006 billion yuan. Editor / Zhao E

Click to see more live >>

• 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