[China Road and Bridge signed a contract for the Indonesian power project]Recently, China Road and Bridge Corporation successfully signed a commercial contract for the installation of Indonesia's Golden Eagle Dalai Gan Self owned Power Plant. This is another new breakthrough for the company in deepening its industrial supporting projects in the Indonesian market, following the signing and successful implementation of the civil construction contract for the power plant last year. The project is located on Dalaikan Island, North Kalimantan Province, Indonesia. The contract mainly includes the installation of boilers and main plant steel structures, steam turbine generator units, high-pressure pipelines, medium and low-pressure pipelines, coal conveying systems, ash removal systems, water treatment systems, electrical systems, fire protection systems, etc., and cooperation with system debugging and complete startup work. Editor/Ma Xue
The Zhangjialiang coal mine renovation project of Jizhong Energy Zhangkuang Group has officially started construction recently, shifting from the procedural stage to the substantive construction stage. The project started to revitalize the resources of deep 5-1 coal seam to 6-2 coal seam to ensure the continuity of coal mine capacity. The special team completed the approval of the safety facility design after three months, obtained the environmental impact assessment approval on June 26th, and obtained the construction record receipt on July 27th. The project will continue the open-pit mining process and advance from the western boundary of the third mining area. After production, it can activate coal resources and stabilize annual production capacity. After the completion of earthwork stripping, it is expected that coal can be extracted in mid October. Editor/Cheng Liting
Saudi Arabian National Oil Company released its financial report on August 4, 2026, showing a net profit of 32.7 billion US dollars in the second quarter of 2026, higher than the 22.7 billion US dollars in the same period last year and a year-on-year increase of 44%. According to the financial report, Saudi Aramco's average crude oil sales price in the second quarter was $108.1 per barrel, up 41% month on month and 62% year-on-year. Editor/Cheng Liting