[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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• 2026.07.07 11:47
• [Dubai Kicks Off Construction of Al Ha'il Highway]
• Dubai officially announces the construction of the Al Ha'il Highway, a 15 kilometer elevated two-way six lane road project that will start in 2027 and be completed by 2030, significantly improving traffic efficiency. The project is included in the $5 billion urban development plan, aimed at improving transportation in the area and consolidating Dubai's position as a hub for Middle East trade and commerce. Editor/Min Jing

• 2026.07.07 11:45
• [Design Bid Winner Confirmed for Sichuan Yanyuan Baiwu Pumped Storage Project]
• The total investment of Baiwu pumped storage in Liangshan Salt Source, Sichuan is 15.661 billion yuan, with an installed capacity of 1.4 million kilowatts and leading design technology for ultra-high head. China Electric Power Construction Chengdu Institute won the survey and design bid with a price of 322 million yuan, with a service period until the end of 2033. The project will help Sichuan power grid peak shaving and new energy consumption. Editor/Min Jing