[Bid Opening for Urban Renewal Project in Linyi City, Shandong Province] On June 1, 2023, the Linyi Public Resource Trading Center released a public announcement of the winning candidates for the general contracting of urban renewal and renovation projects in the top and bottom ten districts of Lanshan District, Linyi City. The project was won by a consortium consisting of five units, including China National Offshore Engineering Co., Ltd. and China Construction International Engineering Co., Ltd., with a total investment of approximately 6 billion yuan. The urban renewal and renovation project in the top and bottom ten districts of Lanshan District is located in Lanshan Street, with Tongda Road in the east, Wangzhuang Road in the west, Yucai Road in the south, and Shuangling Road in the north. The total area is about 3581.55 acres, with the top ten planned building areas of about 914206.17 square meters, consisting of six residential areas, including Renyuan, Xinyuan, Shangyuan, Deyuan, Ruyuan, Yuyuan, and 59 residential buildings; The planned construction area of the latter ten areas is about 424667.78 square meters, consisting of three residential communities, including Zeyuan, Qingyuan, Runyuan, and 27 residential buildings. The construction content includes infrastructure such as residential buildings, hospitals, schools, and comprehensive service centers, supporting roads, and public green spaces. Editor/Zhao E

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• 2026.03.18 17:16
• [Spain advances research on the Strait of Gibraltar tunnel]
• The Spanish Ministry of Transport and Sustainable Transport has approved 1.73 million euros for conducting technical research on the Secegsa railway tunnel crossing the Strait of Gibraltar to Morocco. Previous research by German company Herrenknecht has confirmed that a 65 kilometer long tunnel is technically feasible, but due to significant geological challenges such as flying sand structures, seabed depth, and instability, the possibility of completion before the 2030 World Cup has been ruled out. The actual construction period is expected to be between 2035 and 2040.Editor/Cheng Liting

• 2026.03.18 17:10
• [Fujairah oil port attacked by drones again]
• On the morning of March 17, 2026, the Fujairah oil industry zone was attacked by drones and caught fire again. The civil defense department is making every effort to control the fire, and there are currently no casualties. This is the fifth attack on the area since early March, driven by Iran's ongoing attacks on energy facilities in the United Arab Emirates. Fujairah holds a strategic position in the Strait of Hormuz, and the conflict has caused about one-fifth of the world's oil and gas supply to be blocked. Brent crude oil broke through $100 on March 9th and remained at $103.87 as of the 17th. As a key global storage and transportation hub, giants such as Abu Dhabi National Oil Company, Saudi Aramco, Shell, and Vopak operate terminals and pipelines here, responsible for core businesses such as Murban crude oil. Geopolitical risks are seriously threatening the security of the global energy supply chain.Editor/Cheng Liting