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Xi'an Held the the Belt and Road Think Tank Council Meeting
On November 10, 2026, the 2026 Council Meeting of the the Belt and Road International Think Tank Cooperation Committee was held in Xi'an, Shaanxi Province. The meeting reviewed the preliminary work, discussed the direction of follow-up cooperation, helped build the the Belt and Road with high quality, and deepened the exchange of transnational think tanks. The meeting was chaired by Ren Weidong, Deputy Editor in Chief of Xinhua News Agency. The committee was initiated and established in April 2019, with 4 new member units added this time, bringing the total number of members to 150. The Chinese and foreign representatives attending the conference recognize the value of the platform and look forward to continuing research collaboration and gathering wisdom from multiple parties. Editor/Li Xiaohua
China Construction First Engineering Bureau wins the bid for Serbian project
China Construction First Engineering Bureau recently won the bid for the Dorćol waterfront commercial and residential complex project in Belgrade, Serbia, with a total construction area of approximately 51,000 square meters and mainly building apartment buildings and commercial facilities. The project is located in the historical and cultural district on the Danube River. It is part of Belgrade's core waterfront urban renewal project. Upon completion, it will become a new landmark integrating high-end residences, green public spaces and waterfront leisure.Editor/Gong Ziwei
China exports Brazil's largest single unit hydropower project to start construction
The expansion project of Unit 7 of Brazil's San Ximeng hydropower station has recently started construction, with Dongfang Electric and China Energy Engineering undertaking the mechanical and electrical EPC general contracting, and supporting Dongfang Electric's 310 MW mixed flow unit. The power station is located at the border of two Brazilian states and is the core peak shaving hub of the local power grid. After expansion, the total installed capacity reaches 2020 megawatts. The commencement of the project coincides with the 10th anniversary of the commissioning of the Jerry Hydroelectric Power Station in Brazil, which has the highest unit availability rate in Brazil.Editor/Gong Ziwei
Saudi Railway Track Design Tender
In November 2026, Saudi Railways SAR launched a tender for railway track design service framework. The bidding deadline is December 14, 2026, and a pre tender meeting will be held on November 12, 2026.Editor/Gao Xue
Chinese financing escorts the landing of Kazakhstan's ethane propane pipeline
On November 9, 2026, China Development Bank signed a financing agreement worth 2.89 billion yuan to support the 210 kilometer ethane propane long-distance pipeline project in Kazakhstan, guaranteed by the local national welfare fund. This pipeline is the first of its kind in Kazakhstan, transporting associated gas from oil fields to supply petrochemical projects. It is constructed by a Chinese consortium and is scheduled to start construction in October 2026. It is planned to be put into operation by the end of 2028 and can provide approximately 1300 local jobs during the construction period.Editor/Gong Ziwei
Maersk's third quarter profit improvement
Maersk announced its third quarter financial report for 2026 on November 5th, with revenue of $18.1 billion, a year-on-year increase of 27%; The profit before interest, tax, depreciation, and amortization was $4.7 billion, and the profit before interest, tax, depreciation, and amortization was $3.3 billion, both higher than the same period last year and the second quarter of this year. Maersk stated that, against the backdrop of maintaining trade resilience and limited capacity due to congestion, the company has achieved revenue growth and significant profit growth by leveraging its strong execution capabilities in business and operations while helping customers cope with ongoing supply chain challenges. Editor/Cheng Liting
Chinese enterprises plan to lay out fiber optic production in Uzbekistan
The delegation of the Uzbekistan Electrical Industry Association is in talks with Guangdong Ruipuou Industrial Co., Ltd. for cooperation, planning to lay out fiber optic production in the local area and build a cable equipment service center in the Tashkent Oblast park to achieve localization of operation and maintenance technology. This cooperation helps Ukraine introduce advanced cable manufacturing technology and enhance the localization capacity of the electrical industry. Ruipuou specializes in supplying complete sets of production equipment for wires and cables.Editor/Gong Ziwei
Chinese enterprises lead Kuwait bidding
On November 3, 2026, the Kuwait KOC enhanced oil recovery project opened for bidding. A Chinese company quoted the lowest price for three packages, totaling approximately 1.579 billion US dollars, and has not yet been officially awarded the contract.Editor/Gao Xue
China ASEAN Smart Agriculture Cooperation
On October 30, 2026, the China ASEAN Center and Henan Province held a modern agricultural industry cooperation and exchange meeting, released cooperation results, and signed a China ASEAN (Indonesia) smart agriculture demonstration base.Editor/Gao Xue
Chinese Enterprises Visit Cambodia to Discuss Infrastructure Construction
In November 2026, the Cambodian Ministry of Public Works and Transport held talks with representatives from China Railway Design Group and the National International Development Cooperation Agency to explore cooperation in railway, highway, bridge, and sewage treatment projects.Editor/Gao Xue
Morocco's Billion Dollar Railway Plan
In 2026, the Moroccan National Railways announced an investment of over 10 billion euros to upgrade and expand railways by 2030. The high-speed railway will be extended southward to Marrakesh to form a 630 kilometer network, and 660 trains will be purchased.Editor/Gao Xue
CNOOC Chemical Methanol Project Approved
In 2026, CNOOC Chemical approved the feasibility study report for the 1.2 million tons/year natural gas to methanol project, located in Dongfang, Hainan. The project is planned to start construction in December 2027 and be put into operation in December 2029.Editor/Gao Xue
On November 1-2, 2026, Sultan Al Haytham of Oman visited China. Various sectors in Oman believe that this visit will open up new opportunities for bilateral relations and deepen cooperation in areas such as trade, investment, and renewable energy.Editor/Gao Xue
Egypt's first localized electric vehicle put into production
On October 31, 2026, Dongfeng MAGE EV was put into production at the Nasser Automobile Factory in Egypt, with a localized component ratio of 45%, marking new progress in China Egypt cooperation in new energy vehicles.Editor/Gao Xue
European natural gas benchmark price breaks 100 euros for the first time in nearly 4 years
European natural gas prices continued to rise on October 28th, with the Dutch Transfer of Ownership (TTF) natural gas November futures price, which serves as the benchmark price for European natural gas, breaking through 100 euros per megawatt hour during intraday trading, marking the first time since December 2022. Editor/Cheng Liting
Vietnam increases household photovoltaic policy
Vietnam has issued the latest directive to strengthen local responsibilities and promote the implementation of household rooftop photovoltaics. Require all provinces and cities to introduce incentive plans by the end of December 2026, with the Ministry of Industry and Trade setting installation targets and local governments independently developing subsidy mechanisms. The policy is synchronized with the development of energy storage, and the proportion of surplus electricity connected to the grid has been increased to 50%. The current installed capacity of rooftop photovoltaics in Vietnam exceeds 11.45GW, and there is a lack of supporting documents in many places. The new policy aims to alleviate the electricity shortage and ensure power supply.Editor/Gong Ziwei
EU launches Mediterranean energy platform
On October 26, 2026, the European Union launched the Mediterranean Energy Investment Platform T-MED, with a maximum guarantee of 4.5 billion euros, aiming to leverage 25 billion euros of investment by 2035, covering renewable energy, green hydrogen, grid energy storage and other fields.Editor/Gao Xue
Indonesia 1.6GW Smart Computing Park
In October 2026, DOOH of Indonesia signed a MoU agreement with China Construction Third Engineering Bureau and others to build a 1.6GW smart computing park in West Java, supporting up to 2GW of photovoltaic and 50MW of computing power leasing.Editor/Gao Xue
Saudi Ports Authority Mawani Launches Jeddah Al-Humrah Logistics Zone Investment Project
The Saudi Ports Authority Mawani has opened up investment in the development and operation of the Jeddah Humla Integrated Logistics Zone, which covers an area of 2.4 million square meters and is adjacent to Jeddah Islamic Port, radiating to the European, African, and Middle Eastern markets. This investment promotion aims to supplement the supporting facilities in the port area. Investors can submit their intentions online, but the details of the land parcel have not been announced yet. Editor/Min Jing
In 2026, Iraq will advance the Basra to Haditha oil pipeline, with a total investment of about 5 billion US dollars, a total length of about 700 kilometers, and a designed oil transportation capacity of 2.25 million to 2.5 million barrels per day.Editor/Gao Xue
ADNOC contracts for 55 billion yuan over three years
In October 2026, ADNOC announced a $55 billion EPC contracting plan from 2026 to 2028, covering LNG and offshore gas development, with ICV local value as the hard threshold.Editor/Gao Xue
China Myanmar crude oil pipeline delivers over 100 million tons of oil
The cumulative oil transportation through the China Myanmar crude oil pipeline has exceeded 100 million tons, laying a solid energy foundation for optimizing oil and gas resource allocation and promoting high-quality economic and social development in Yunnan and surrounding areas.Editor/Gong Ziwei
Cuba extends daylight saving time to address power shortages
On October 24, 2026 local time, the Cuban government announced that it will maintain daylight saving time until November 7, 2027, to alleviate the country's energy and electricity shortages caused by the intensified US blockade. The Ministry of Energy and Mining and the Ministry of Labor and Social Security jointly issued a notice stating that extending daylight saving time aims to avoid an increase in power supply pressure during the evening peak demand period, saving approximately 126 megawatts of electricity. During this period, the working hours of schools and workplaces nationwide will be postponed by 30 minutes.Editor/Cheng Liting
In 2026, Saudi Arabia's HUMAIN launched the Riyadh Al Saad 100MW AI data center EPC bidding, with a contract of approximately 1 billion US dollars, and the bidding deadline is November 8, 2026.Editor/Gao Xue
Sinochem Engineering plans to finance Nigeria's fertilizer project
On October 16, 2026, China Chemical Engineering Group signed a memorandum of understanding with Nigeria for a $3.5 billion methanol fertilizer project, intending to undertake approximately 80% of the financing, which is $2.8 billion, and be responsible for EPC execution.Editor/Gao Xue
The largest mining new energy power system in Africa has been put into operation
Recently, the Phase II of the Congo (Kinshasa) Kaipeng Mining New Energy Power System, provided by Nanrui Jibao for overall planning and core equipment, has been officially put into operation, making it the largest mining new energy power system currently in operation in African mining areas. The project has a network energy storage capacity of 300MW/900MWh, supported by 440MWp photovoltaics, forming a complementary system of photovoltaic energy storage and diesel multiple power sources, which can adapt to the operating conditions of weak grid mining areas in Africa and create a benchmark sample for photovoltaic energy storage applications in African mines. Editor/Cheng Liting
Hami liquid ammonia first export
In 2026, a batch of liquid ammonia will be exported to Kazakhstan through Alashankou, marking the first export of liquid ammonia from the Hami Customs jurisdiction and adding a new category of high value-added coal chemical products.Editor/Gao Xue
China Arab oil and gas equipment docking will begin
On November 5, 2026, the CSSOPE UAE Procurement Session will be held in Abu Dhabi to connect with Middle Eastern energy purchasers such as ADNOC and organize visits to NMDC headquarters.Editor/Gao Xue
Türkiye's first floating natural gas production unit sets sail
On October 17, 2026, Türkiye's first floating natural gas production unit, Osman Gazi FPU, set sail from the Port of Felios in the Black Sea to Sakarya gas field. After the platform is put into operation, the daily output of local natural gas will double from 9.5 million cubic meters to 20 million cubic meters. When commercial production is realized in early 2027, it can cover one third of the domestic gas consumption in the country, contributing about 3.5 billion dollars to Türkiye's economy every year. Editor/Cheng Liting
China Construction International expands its infrastructure in Harbin
On October 19, 2026, the Ambassador of Kazakhstan to China met with Gao Bo, Chairman of China Construction International, to discuss large-scale projects and cooperation in transportation, data centers, energy and other fields in Alatau city.Editor/Gao Xue
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