[Sinopec signs Kazakhstan polyethylene project]During the state visit of President Tokayev of Kazakhstan to China, Sinopec and Kazakhstan National Oil and Gas Company signed an agreement on the key terms of the joint development of polyethylene project in the Atyrau region of Kazakhstan in Xi'an. The project is the largest natural gas chemical project in the region, and all parties are expected to make a final investment decision in 2024. Sinopec and Kazakhstan have cooperated for many years. The signing of this agreement will bring the cooperative relationship between the two parties to a new level. The combination of Sinopec's capabilities in engineering, marketing, production and operation, and Kazakhstan's strong local capabilities and resource advantages can promote cooperation and complementarity between the two parties and seek win-win development. Edit/Ma Xue
On May 10, 2026, China's first intelligent production line for deepwater oil and gas equipment process pipelines was completed at the Zhuhai Deepwater Equipment Manufacturing Base of CNOOC Engineering and entered the commissioning stage. The innovative application of China's first fusion technology in this production line is of great significance for promoting the intelligent manufacturing of deepwater marine oil and gas equipment in China.Editor/Gong Ziwei
On May 9, 2026, a press conference was held to launch the 15th Five Year Plan for Xinjiang. It was revealed that during the 15th Five Year Plan period, Xinjiang will rely on its advantages in green electricity to promote industrial transformation and upgrading: undertake the transfer of industries from outside Xinjiang, expand the advantages of equipment such as power transmission and transformation, and new energy, cultivate the manufacturing industry chain of new energy storage and other characteristic equipment, and focus on fields such as artificial intelligence to build a future industrial layout with complementary characteristics.Editor/Gong Ziwei