[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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• 2026.07.08 16:10
• [Energy self balancing converter valve sets sail for installation in Guangdong]
• The core equipment of the Yangshan Island offshore converter station in Yangjiang set sail from Nantong, Jiangsu, heading towards the Yangjiang sea area in Guangdong. The world's first new type of converter valve with energy self balancing function has officially entered the offshore installation stage. This equipment is developed by Changzhou Borui Electric Power and will be applied to the world's largest offshore wind power direct current transmission project. The project is scheduled to be put into operation in October 2025 and can provide approximately 6 billion kilowatt hours of clean electricity to the Guangdong Hong Kong Macao Greater Bay Area annually, significantly reducing regional carbon emissions. Yes, it is equivalent to saving 1.74 million tons of standard coal and reducing carbon dioxide emissions by approximately 4.62 million tons. Editor/Cheng Liting

• 2026.07.08 16:09
• [The proportion of installed wind and solar power in Shandong has exceeded 50%]
• Recently, with the commissioning of the Huaneng Dezhou Xiaomiao Zhuang 30000 kW wind power project, the total installed capacity of wind and photovoltaic power in Shandong has reached 130.56 million kW, accounting for 50.18% of the province's total installed capacity of electricity, achieving a historic achievement of more than half of the installed capacity of wind and solar power. As a major industrial and energy consuming province, Shandong has previously achieved a new energy installed capacity surpassing coal-fired power. The proportion of wind and solar installed capacity has exceeded 50%, marking the continuous deepening of the local green and low-carbon transformation, which will inject solid green power support into industrial green upgrading. Editor/Cheng Liting