[Greece has huge potential for future development of renewable energy] Since the outbreak of the conflict between Russia and Ukraine, the global energy transition has witnessed amazing progress in renewable energy. The pain brought by the energy crisis and high inflation to the energy sector in Greece has made the Greek government more determined to push forward the energy transition and implement the gas change target. First of all, in the area of policies and regulations, the Greek government has formulated a road map and removed obstacles for the development of green energy. Second, we should vigorously increase the proportion of sustainable energy supply, improve the energy mix and promote energy transformation. Greece has embarked on a fast track of green energy development with huge potential for future development. Thanks to its unique natural and geographical environment, Greece is rich in solar energy, wind energy and hydropower resources, which provide important basic conditions for green development. Since the outbreak of the Russia-Ukraine conflict, the ongoing geopolitical crisis in Europe and the pain brought by the energy crisis and high inflation to the energy sector in Greece have strengthened the determination of the Greek government to promote energy transformation and implement the target of gas transformation. Green energy development in Greece has entered the fast track with huge potential for future development. This follows the Greek Government's National Energy and Climate Plan 2030 on climate and energy issues, which sets out a detailed road map for achieving specific energy and climate targets by 2030, as well as streamlining the renewable energy licensing process, with a target of 35% renewable energy consumption in Greece by 2030, Installed renewable energy capacity increased from 8.62 gigawatts to 25 gigawatts, and 70% of the renewable energy will be used for domestic electricity production. Of this total, photovoltaic capacity reached 7.7 gigawatts, wind capacity increased to 7 gigawatts, hydropower to 3.7 gigawatts, biomass to 300 megawatts and geothermal power to 100 megawatts. Editor/Xu Shengpeng

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• 2026.06.12 17:04
• [Saban wins Saudi Arabia 's EPC contract for more than $ 1 billion gas plant]
• Recently, the Italian oilfield service giant Seban Group has won a large list of overseas energy engineering projects, and the Saudi billion-level gas plant project has landed, consolidating its position in the Middle East market and broadening the layout of global oil and gas infrastructure. It is reported that the Saipan Group has won the bid for the Saudi Usmaniyah natural gas compression plant project through a Saudi joint venture. The contract value is USD 1.04 billion, and the project cycle is 42 months. It is responsible for the overall project, procurement and construction work, which can extend the production life of the local gas field and ensure the supply of Saudi energy. In addition, in April this year, the company won a USD 400 million offshore water injection facility contract for the Safaniya Oilfield in Saudi Arabia.At the same time, it won a USD 150 million pre-project order for the offshore project in Guyana, and made more efforts to expand the overseas oil and gas engineering market.Editor / Li Xiaohua

• 2026.06.12 16:05
• [New shipping route from Yangpu to India opened]
• On June 9, 2026, the Xintaicang ship departed from Yangpu International Container Terminal, and the new container shipping route from Yangpu to India was officially opened. The route passes through the South Vietnam Sea Defense Port, Singapore Port, and India's Mundra Port, making it the second sea freight channel connecting Yangpu and South Asia. Hainan rapeseed oil, chemical products, etc. can be directly transported to India, and domestic goods can also be transshipped through Yangpu to South Asia, forming a two-way logistics pattern between the north and south. Yangpu Maritime Bureau provides full escort throughout the process, simplifies inspection procedures, and effectively reduces logistics costs. Editor/Cheng Liting