[Angola's oil industry receives $5.1 billion investment]Azule Energy and its partners have approved a $5.1 billion investment in the PAJ offshore oil field in Angola, which contains 252 million barrels of recoverable reserves and is the most important energy investment in Angola in recent years. Angola's oil production has continued to decline from its peak of 1.8 million barrels per day. The government is working to stabilize production by revising license terms and attracting foreign investment to develop mature assets, with the current goal of maintaining a daily output of 1 million barrels. Editor/Cheng Liting
Romanian power giant Electrica announced that it has obtained 17 grid connected energy storage projects with a total capacity of 700MWh. China's energy storage industry chain welcomes new opportunities for going global.Editor/Gao Xue
On June 24, 2026, at the Clean Energy Chain Conference of the Chain Expo, it was pointed out that China's energy industry has steadily ranked among the top tier of global clean energy, and the supporting facilities and equipment of the entire chain have achieved phased results.Editor/Gao Xue