[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
At 13:46 on August 12, 2026, the load of the Guangzhou power grid system reached its historical peak for the third time this year, with a maximum load of 26.231 million kilowatts, a year-on-year increase of 4.46%. Faced with the dual challenges of sustained high temperatures and rising electricity demand, the Guangdong Guangzhou Power Supply Bureau of Southern Power Grid is working together to ensure the safe and stable operation of the power grid during peak hours through the coordination of source, grid, load, and storage.Editor/Gong Ziwei
On August 13, 2026, the Lianyungang Huai'an section of the Lianyungang Yizheng crude oil pipeline project, a key national oil and gas infrastructure project, was successfully put into operation. This is the first 10 million ton crude oil pipeline put into operation at the beginning of China's 15th Five Year Plan, which is of great significance for optimizing the energy supply structure in the central and eastern regions of China and improving the national oil and gas network layout.Editor/Gong Ziwei