[SINOPEC obtains the right to operate and develop gas stations in Sri Lanka] On the morning of May 22, 2023, under the witness of President Wickremesinghe of Sri Lanka, Yang Junze, Executive Director of SINOPEC Fuel Oil Company, and Patilana, Permanent Secretary of Sri Lankan Power and Energy, signed a contract at the Presidential Palace of Sri Lanka to carry out the import and storage of petroleum products by SINOPEC , distribution and sales of 20-year long-term contracts, SINOPEC formally obtained the franchising rights of 150 existing gas stations in Sri Lanka and the development rights of 50 new gas stations in the future. The Presidential Palace of Sri Lanka stated that the signing of this agreement with SINOPEC is an important measure for Sri Lanka to meet the challenges of fuel supply, and it marks a key step taken by the Sri Lankan government to ensure a stable and uninterrupted fuel supply in the country. Edit/Ma Xue

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• 2026.03.10 11:51
• [CPCC Energy and Power signed new contracts worth nearly 60 billion yuan]
• China Power Construction Corporation recently released an announcement on its main business operations for January 2026. According to the data, the company signed a total of 661 new projects in January 2026, with a total contract amount of 89.436 billion yuan. Among them, the energy and power business sector has performed outstandingly, with 428 newly signed projects and a total of 59.324 billion yuan in newly signed contracts. According to the announcement, the scope of energy and power business is extensive, covering hydropower, wind power, solar power generation, thermal power, new energy storage, nuclear power, power grid, as well as various types such as hydrogen energy, geothermal energy, ocean energy, biomass energy, etc.Editor/Yang Meiling

• 2026.03.10 11:50
• [Qinghai introduces new policies to support independent bidding for solar thermal projects]
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