[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 September 2026, middling coal Linxi Bioenergy Co., Ltd. will make a total investment of 3.89 billion yuan in the prophase of the 200000 ton/year green methanol solar hydrogen production integration project. The 100000 ton Phase I project is planned to be completed and put into operation in September 2027, with supporting wind power of 290MW and photovoltaic power of 210MW.Editor/Gao Xue
Recently, China Energy Engineering Corporation won the bid for the EPC general contracting of the first phase of the Inner Mongolia large-scale integrated wind, solar and energy storage base with a total investment of 7.2 billion yuan. The project integrates wind power, photovoltaics, and large capacity energy storage, and is a key component of the national Shagehuang new energy base. After completion, it will support the demand for green electricity in the Beijing Tianjin Hebei region.Editor/Gao Xue