[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 September 12, 2026, the world's largest salt cavern compressed air energy storage project, the Huaneng Jintan 2 × 350 MW salt cavern compressed air energy storage power generation phase II project, completed the complete start-up of two main units, with stable and reliable equipment operation, marking an important breakthrough in China's key core technologies and system integration capabilities in the field of large capacity salt cavern compressed air energy storage. Editor/Cheng Liting
On September 11th, the Ministry of Natural Resources released the "China Mineral Resources Report 2026" and the "Global Mining Development Report 2026". The report shows that as of the end of the 14th Five Year Plan, China's reserves of 14 types of minerals, including rare earths, tungsten, and tin, ranked first in the world; The global energy transition is accelerating, the supply and demand pattern of mineral resources is deeply adjusted, and the global mining industry is entering a period of superimposed transformation.Editor/Cheng Liting