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BYD Energy signed an 11.275 GWh cooperation agreement with UAE-based Masdar to provide energy storage solutions for the RTC (round-the-clock) project in Abu Dhabi. The RTC project, developed by Masdar and Abu Dhabi’s EWEC, is the world’s first GW-sca

2026-07-09

BYD Energy signed an 11.275 GWh cooperation agreement with UAE-based Masdar to provide energy storage solutions for the RTC (round-the-clock) project in Abu Dhabi. The RTC project, developed by Masdar and Abu Dhabi’s EWEC, is the world’s first GW-scale round-the-clock renewable project and is described as the largest and most advanced solar-plus-storage scheme globally.

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2026-07-09

The National Financial Regulatory Administration issued a notice directing Insurers to support flood relief and post-disaster recovery. Insurers must closely monitor disaster progress, allocate survey/rescue vehicles, claims staff and large-claims li

The National Financial Regulatory Administration issued a notice directing Insurers to support flood relief and post-disaster recovery. Insurers must closely monitor disaster progress, allocate survey/rescue vehicles, claims staff and large-claims liquidity, and provide emergency financial support. On-site surveys and rescue work should be carried out safely to avoid secondary hazards. Firms must apply special-case handling and expedited processing: simplify claims procedures, open green channels, establish centralized claims points in severe affected areas, and ensure fast payouts where payable, full payment of eligible claims and reasonable advance payments.
2026-07-09

CITIGROUP expects Brent to average $70/bbl in Q4 2026 and $65/bbl in 2027, conditional on a US–Iran agreement and the reopening of the Strait of Hormuz.

CITIGROUP expects Brent to average $70/bbl in Q4 2026 and $65/bbl in 2027, conditional on a US–Iran agreement and the reopening of the Strait of Hormuz.
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