[CPECC won the bid for Project Swing EPCM project]CPECC Gulf Region Company has received a letter of award for the Project Swing project from Abu Dhabi State Oil Company's onshore company. This is the first EPCM project won by the Beijing branch in collaboration with Gulf Region Company in the Gulf market. The contract model includes design, procurement services, and construction management, with a contract duration of 39 months (PAC), of which 15 months are required to achieve 95% design progress. The Project Swing project is one of the first EPCM projects initiated by ADNOC Online and is an important project in the Abu Dhabi National Oil Company's P5 (5 million barrels per day) production increase plan. By renovating some facilities in Babu, Northeast Babu, and Southeast Oil Fields, the goal of increasing processing capacity by 20% has been achieved, while also increasing supporting facilities for water and gas injection. Editor/Ma Xue
In the first five months of 2026, China's import and export to countries jointly building the the Belt and Road totaled 10.57 trillion yuan, a year-on-year increase of 13.6%. The total value of China's goods trade during the same period was 20.68 trillion yuan, an increase of 15.3%.Editor/Gao Xue
The 100000 kilowatt solar thermal project of CGN Jixi Base has entered the stage of grid connection sprint. This is the first tower type molten salt solar thermal power station in Northeast China and the highest latitude in the world. After being put into operation, it generates 180 million kilowatt hours of electricity annually and reduces carbon dioxide emissions by 130000 tons annually.Editor/Gao Xue