Category: Highlights

In the H1 of 2022, LONGi’s operating performance increased steadily, achieving a consolidated operating revenue of 50.417 billion yuan, a year-on-year increase of 43.64%. The net profit attributable to the shareholders of the listed company was 6.481 billion yuan, up 29.79% year on year, among which the net profit attributable to the shareholders of the listed company excluding non-recurring gains and losses was 6.405 billion yuan, up 30.58% year on year, and the basic earnings per share came in at 0.86 yuan, up 30.3% year on year. Strengthened product competitiveness…

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The United States, through the U.S. Agency for International Development (USAID), today announced an additional $30 million in life-saving humanitarian assistance to support people and communities affected by severe flooding in Pakistan. Pakistan’s government has declared the floods a national emergency, with 66 districts declared to be “calamity hit.” The United States is deeply saddened by the devastating loss of life, livelihoods, and homes throughout Pakistan. In response to the Pakistani government’s request for assistance, the United States will prioritize urgently needed food support, safe water, sanitation and hygiene improvements,…

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Two months of scorching heatwaves and drought plunged China into an energy security crisis. The southwest province of Sichuan, for example, relies on dams to generate around 80% of its electricity, with growth in hydropower crucial for China meeting its net-zero by 2060 emissions target. Sichuan suffered from power shortages after low rainfall and extreme temperatures over 40℃ dried up rivers and reservoirs. Heavy rainfall this week, however, has just seen power in Sichuan for commercial and industrial use fully restored, according to official Chinese media. The energy crisis has…

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While Canada’s foreign affairs minister said on Wednesday that it would stick to the existing sanctions waiver that would allow it to return Nord Stream 1 gas turbines to Russia, Gazprom has stated that there are no Nord Stream 1 gas turbines currently undergoing maintenance in Canada. Canada’s foreign affairs minister Melanie Joly said that the current waiver allowed them to return 5 Nord Stream 1 turbines to be repaired in Canada and then returned to Russia. But Gazprom said on Thursday that none of its Nord Stream 1 turbines…

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BP continues to work “with local and state agencies as we continue to monitor the impact” of the electrical fire, which saw no one injured. BP said it was “continuing to assess when a restart of the affected units can take place,” but did not elaborate on how much finished product had been affected. It also provided no date for restart. The Whiting refinery—the largest refinery in the Midwest—is capable of processing 440,000 barrels per day of crude oil.  The refinery is located in PADD 2—a region that is running…

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