[Nord Group plans to build an energy power station in Huangshi, Hubei] On September 20, 2023, Nord Shengshi, a subsidiary of Nord Group, plans to sign a "Project Investment Contract" with Huangshi Economic and Technological Development Zone in Hubei Province to invest in the construction of the Nord Solar Energy Storage Power Station Zero Carbon Smart Industrial Park project, with a total planned fixed asset investment of 5.2 billion yuan. The project plans to build a 500MW distributed photovoltaic power station project, a 1500MWh industrial and commercial energy storage power station project, as well as facilities such as distribution networks and charging stations in the Huangshi Economic and Technological Development Zone. After the project is fully completed and put into operation, it can provide about 580 million kWh of clean energy green electricity annually, save 170000 tons of standard coal annually, and reduce carbon dioxide emissions by about 50000 tons annually. The first phase of the industrial park is planned to be completed and put into operation in June 2024, while the second and third phases of the project are planned to be completed and put into operation in April 2026. Editor/Zhao E

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• 2026.08.06 11:13
• [Jizhong Energy Zhangjialiang Coal Mine Reconstruction Project Starts Construction]
• 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

• 2026.08.06 11:02
• [Saudi Aramco's Q2 net profit increased by 44% year-on-year]
• 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