[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
On June 30, 2026, the excavation of the underground powerhouse of the Nanshankou Pumped Storage Power Station in Golmud, Qinghai, undertaken by Three Gorges Construction, was completed. The power station is the world's largest under construction pumped storage project at an altitude of over 3500 meters, with a total installed capacity of 2.4 million kilowatts. The project has entered the pouring and equipment installation stage, and the first batch of units is planned to be put into operation in 2028. Editor/Min Jing
On June 27, 2026, ENERGY CHINA Gezhouba Group began construction of the country's first integrated zero carbon highway project in Guangxi. Supporting photovoltaic energy storage and heavy-duty truck replenishment network, relying on ecological carbon sinks to achieve net zero carbon operation, in line with the national zero carbon channel construction deployment, and creating a demonstration model for low-carbon transformation of transportation. Editor/Min Jing