[BP and Zhejiang Energy Group's Natural Gas Market in China] On May 31, 2023, BP officially signed a joint venture contract with Zhejiang Energy Group's natural gas group and its holding companies to jointly establish a liquefied natural gas trading company to sell LNG through tank truck transportation. This is the first collaboration between BP and Zhejiang Energy Natural Gas. This joint venture is BP's third tank truck LNG trading and sales company in China, with the other two being Shenzhen Dapeng Liquefied Natural Gas Sales Co., Ltd. and Xinying Energy Trading Co., Ltd. Editor/Ma Xue

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• 2026.06.23 18:15
• [Zhonggong International Layout in the New Hybrid Energy Storage Field]
• On June 22, 2026, Zhonggong International announced that its wholly-owned subsidiary, China Zhongyuan International Engineering Co., Ltd., signed a general contract for the construction of a 100 MW/102 MW independent hybrid energy storage power station in Changfeng County, Hefei City, Anhui Province with Yuankong Storage and Charging. The contract amount was 1.127 billion yuan, accounting for 9.75% of Zhonggong International's total operating revenue in 2025. According to the announcement, the project construction mainly includes the survey and design, supply, construction, testing, commissioning, inspection, and acceptance of the energy storage power station. The project period is 244 days from the date of commencement. Yuankong Energy Storage is a subsidiary of Yuandian (Beijing) Flywheel Energy Storage Technology Co., Ltd., a technology-based enterprise specializing in the research and industrialization of magnetic levitation flywheel energy storage technology. Its business covers areas such as grid side frequency regulation, rail transit energy recovery, and new energy vehicle supercharging stations.Editor/Gong Ziwei

• 2026.06.23 18:12
• [Full vanadium energy storage landing in Xinjiang]
• On June 22, 2026, the Three Gorges Group Xinjiang Jimsar Million Photovoltaic Supporting Vanadium Liquid Flow Energy Storage Project was fully put into commercial operation one month ahead of schedule. The project is located in Jimsar County, Changji, with an energy storage capacity of 200000 kilowatts/1 million kilowatt hours, making it the largest all vanadium liquid flow energy storage power station in China. Relying on long-term energy storage technology, the equipment is safe, durable, and easy to expand. The project generates an average of 1.72 billion kilowatt hours of electricity annually, saving 519000 tons of standard coal and reducing carbon dioxide emissions by 1.424 million tons.Editor/Gong Ziwei