[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
In 2026, the Latavi natural gas processing project in Iraq will reach a progress rate of 36%, with CPECC undertaking a $1.61 billion EPC and a daily processing capacity of 300 million cubic feet in the first phase.Editor/Gao Xue
On October 31, 2026, Dongfeng MAGE EV was put into production at the Nasser Automobile Factory in Egypt, with a localized component ratio of 45%, marking new progress in China Egypt cooperation in new energy vehicles.Editor/Gao Xue