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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
Saudi AI Data Center EPC Tender
In 2026, Saudi Arabia's HUMAIN released an EPC tender for a 100MW AI data center in Riyadh, with a contract of approximately 1 billion US dollars. The bidding deadline is November 8, 2026, and the first phase will be put into operation in October 2028.Editor/Gao Xue
MASEN Opens Prequalification for Morocco’s 350MW NOOR PV Multisites PV Scheme
The Moroccan Sustainable Energy Agency MASEN has launched the pre qualification review for the NOORP VMultisites multi site photovoltaic project, with a total installed capacity of no less than 350MW, and the pre qualification deadline is November 30, 2026. The project is divided into five zones and adopts a two-stage bidding model. Chinese photovoltaic companies have accumulated project performance in Morocco, and this bidding brings new opportunities for Chinese enterprises to expand into the North African new energy market. Editor/Min Jing
The 5th Border Defense Friendly Exchange Event between China and Laos was held
On October 13, 2026, the fifth border defense friendly exchange event between China and Laos was held at Mengla County and Mohan Port in Yunnan Province. The delegations of both sides carried out boundary marker painting, observed equipment training, planted friendship trees together, and donated materials to the local Hope Primary School. The two sides proposed to implement the high-level consensus and build an all-weather China Laos community with a shared future in the new era. 2026 is the 65th anniversary of the establishment of diplomatic relations between China and Laos, and a good year for China and Laos. The event aims to deepen military cooperation and jointly protect border security.Editor/Gong Ziwei
China Civil Engineering Science Innovation Forum held
The 4th China Civil Engineering Science Innovation Forum will be held in Wuhan from October 13th to 15th, 2026, with about 200 attendees. The forum will focus on fields such as chemistry, new materials, biology, and energy, and will also hold a meeting of the Science and Technology Cooperation Subcommittee.Editor/Gao Xue
UAE's economic growth prospects are promising
In 2026, under global economic pressures such as geopolitical conflicts and rising energy prices, the United Arab Emirates will rely on its non oil industry advantages to consolidate its economic advantages. It is predicted that the UAE's economic growth rate will reach 7.7% in 2027, leading the regional energy export economy. Benefiting from the recovery of the energy market, non oil industries and artificial intelligence, and the reshaping of the global industrial chain. It is expected that the current account balance of the country will account for 4.8% and 7.8% of GDP in 2026 and 2027, respectively, demonstrating impressive performance among global technology demand growth economies.Editor/Gong Ziwei
Tanzania attracts investment of 15 billion yuan
On October 8, 2026, Tanzanian Prime Minister Nqinba said at the London Investment Forum that the annual FDI target was $15 billion, invested in ports, railways, power and mineral processing, and connected with international and the Belt and Road capital.Editor/Gao Xue
Shanxi Province launches the first Mongolian coking coal special train
Recently, a container train loaded with 3200 tons of Mongolian coking coal successfully entered the railway dedicated line managed by Datong Railway Logistics Center. This is the first Mongolian coking coal special train operated by Shanxi, marking the successful opening of a new channel for Mongolian coking coal to enter Shanxi through China Railway Taiyuan Group Co., Ltd., providing green and efficient energy supply support for the stable production of Shanxi coking industry.Editor/Gong Ziwei
Hubei Department of Commerce delegation goes to Egypt to deepen industrial docking
In October 2026, a delegation from the Hubei Provincial Department of Commerce visited Egypt and held talks with the Egyptian General Administration of Import and Export Supervision, focusing on industrial docking in areas such as automotive parts, advanced manufacturing, and cross-border e-commerce, to promote the improvement and efficiency of economic and trade cooperation between Egypt and Hubei.Editor/Gao Xue
Shuangyuan Fengxing Road in China and Indonesia opened to traffic
In October 2026, Fengxing Road in the Shuangyuan area of Fuzhou, China and Indonesia will be completed and opened to traffic, with a total length of about 500 meters and four lanes in both directions. It will open up the internal traffic circulation of the area and provide infrastructure support for logistics transportation and industrial agglomeration of surrounding enterprises.Editor/Gao Xue
World Bank raises Oman's 2026 GDP growth forecast to 3.1%
On October 11, 2026, the World Bank raised its forecast for Oman's economic growth in 2026 to 3.1%. On the same day, the MSX 30 index of the Muscat Stock Exchange closed up 19.9 points to 7852.11 points, an increase of 0.25%, with a total trading volume of 65.49 million riyals and a market value of approximately 39.92 billion riyals. Against the backdrop of escalating regional tensions, the Omani economy has shown some resilience, with previous World Bank data showing a year-on-year GDP growth of 5.1% in the second quarter. Editor/Cheng Liting
New Nanjing Europe route opened
On October 11, 2026, the large-scale roll on/roll off ship Guangrong, loaded with 1530 domestically produced new energy vehicles, set sail from Nanjing Port and headed towards Barcelona Port in Spain and Zeebrugge Port in Belgium, marking the official opening of the Nanjing Europe foreign trade roll on/roll off route and adding a direct river sea channel for domestic vehicles to go global. The Guangrong ship, which made its maiden voyage, is a new generation methanol dual fuel powered roll on/roll off vessel with a length of 199.9 meters and 7800 standard cabins. It is also the largest roll on/roll off vessel currently docked at Nanjing Port.Editor/Gong Ziwei
Eleven Chemical Construction signed two major construction packages for Oman Power Station
From September to October 2026, China National Chemical Engineering Corporation (ChemChina) signed two construction subcontracting contracts for the Oman Dukum 890MW independent power station, with a total investment of approximately 910 million US dollars. The project will be undertaken by Shandong Electric Power Construction Third Company and the South Korean Doosan consortium, and is scheduled to be put into operation in 2029.Editor/Gao Xue
Chinese funded mining downstream project industrial park launched
On October 8, 2026, Indonesian President Prabowo presided over the launch ceremony of 11 Chinese funded mining downstream projects at the Weidabe Industrial Park in Central Hamahira District, North Maluku Province. These projects have a total investment of approximately 10.2 billion US dollars and involve fields such as power batteries, nickel cobalt materials, electrolytic aluminum, new energy engineering machinery, and commercial vehicle manufacturing. Editor/Cheng Liting
Guangxi Beibu Gulf Port breaks single voyage roll on/roll off vehicle export record
On October 9, 2026, the Changrongkou ship, loaded with 2727 Chinese cars, set sail from Qinzhou Port Area in Beibu Gulf, Guangxi on the 8th, heading towards Dukum Port in Oman, breaking the historical record for single voyage roll on/roll off car exports from Beibu Gulf Port. This voyage goes directly from Qinzhou to the Middle East without any intermediate transfer, and takes about 15 days to arrive, opening up an efficient new channel for Chinese automotive companies to expand into the Middle East market.Editor/Gong Ziwei
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