[The second phase of the Lesotho Highlands Water Conservancy Project started] Recently, the groundbreaking ceremony of the second phase of the Lesotho Highlands Water Conservancy Project undertaken by China was held. Lesotho King Letsie III, South African President Cyril Ramaphosa, Lesotho Prime Minister Matt Kane, and Chinese Ambassador to Lesotho Lei Kezhong attended the ceremony. King Letsie III said that after the completion of the second phase of the Gaoshui Project, it will further enhance Lesotho's water delivery capacity to South Africa, help Lesotho fully utilize its resource endowment, and benefit the people of Basotho. President Ramaphosa pointed out that this project is South Africa's largest investment project in Lesotho, which will benefit the people of the two countries and promote resource sharing and economic development between the two countries. Edit/Ma Xue

Click to see more live >>

• 2025.10.20 11:48
• [Norway's largest international oil field has been put into operation in Brazil]
• The Bacalhau oil field in Brazil has officially started production. The recoverable reserves of this oil field exceed 1 billion barrels of oil equivalent, making it Equinor's largest international offshore oil field project in history, with a total investment of approximately 8 billion US dollars. The Bacalhau oil field is located in the pre salt area of the Santos Basin in Brazil, with a water depth of over 2000 meters. The project is equipped with the world's most advanced floating production, storage, and unloading equipment, with a daily crude oil production capacity of 220000 barrels. The first phase of the development project includes 19 production wells and injection wells. The project adopts combined cycle gas turbine technology and is expected to emit approximately 9 kilograms of carbon dioxide per barrel of oil equivalent, setting a new benchmark for deepwater oil and gas development. Equinor stated that this project will support the company's goal of achieving international business free cash flow exceeding $5 billion by 2030. Within a 30-year mining cycle, the project will create approximately 50000 job opportunities for Brazil. The project was originally planned to be put into operation in 2024, but due to technical complexity and other factors, it was delayed. Its smooth operation has demonstrative significance for foreign investment participation in the Brazilian oil and gas market. Editor/Yang Beihua

• 2025.10.20 11:42
• [Robotech wins a large order of 760 million yuan for photovoltaic cell line equipment]
• On October 17th, Robotech (stock code: 300757) announced that the company has officially signed an equipment sales contract with a subsidiary of a listed company in the photovoltaic industry, with a total contract amount of 761.482 million yuan (including tax). The contract amount signed this time accounts for approximately 68.83% of Lobotec's audited operating revenue for the year 2024, and the contract subject is a photovoltaic cell line solution. The company stated that the signing of this significant contract is expected to have a positive impact on the company's operating performance in 2025 and future years. Robotech stated in the announcement that the company will recognize revenue in the corresponding accounting period in accordance with the contract agreement and revenue recognition principles, and the final data will be subject to the audit results of the accounting firm. The landing of this large order marks the industry recognition of Lobotec's technological strength and market competitiveness in the field of photovoltaic cell equipment, injecting strong momentum into the company's sustainable development. Editor/Yang Beihua