Midad Energy Moves to Buy Sanctioned Lukoil Assets
Midad will place its all-cash offer in escrow
Resources
Uzbekistan and U.S. Agree to Cooperate on Critical and Rare Earth Minerals
The agreement was signed during the Ministerial Meeting on Critical Minerals
Uzbekistan’s Exchange Sees 59% Rise in Precious Metals Sales in 2025
The average exchange price of gold rose by 52%
KazTransOil to Raise Oil Transit Tariffs for Russia–Uzbekistan Route
For Russian crude, the tariff will go up by 14%
Uzbekistan Plans to Develop Four Uranium Deposits Starting in 2026
Last year, the country produced about 7,000 tonnes of uranium
IFC Invests Uzbekistan’s First Aluminium Can Plant in Tashkent
The plant will supply domestic beverage producers
Uzbekistan Among Top Destinations for Russian Petrol Exports in 2025
Rail shipments declined in December
Uzbekistan Partners With Rosatom on Nuclear Waste Disposal
Russia will provide expert support
Lukoil Agrees to Sell Foreign Assets to Carlyle Group
The agreement is not exclusive and is conditional on regulatory approvals
Corruption Probe Leads to Mass Dismissals in Uzbekistan
The goal is a complete overhaul of the system
Uzatom Denies Reports of Delay to Nuclear Power Plant Project
The contract to build Uzbekistan’s first nuclear power plant was signed in spring 2024
Gold Breaks $5,000 as Geopolitical Tensions Fuel Safe-Haven Rush
The latest surge reflects a growing crisis of confidence in the U.S.
Silver Tops $100 An Ounce As Gold Closes In On $5,000 Record
Spot gold was up 0.6%
Russian Gas Supplies to Uzbekistan Rise 30% in 2025
Russia also boosted gas exports to China in 2025
World Bank Approves $1 Bn Plan to Integrate Central Asia’s Power Markets
By 2035, the plan seeks to raise annual electricity trade to at least 15,000 GWh
Vast Iron Ore Deposit Discovered in Western Australia Could Reshape Global Markets
Vast high-grade find in the Pilbara could reshape global iron ore markets and supply chains
Uzbekistan’s Power System Experiences Record High Load
The increase in demand was linked to cold weather
Donald Trump Backs Off Greenland Tariffs, Says Deal is Close
Denmark stressed that any resolution must respect its sovereignty
Uzbekistan Produces 2.4% More Gas in 2025
Officials plan to raise daily gas production to 70 mln cubic metres
Uzbekistan Exports $773 Mln in Pipeline Gas to China
Russia remained the largest supplier
Trump Warns of Tariffs on Countries Resisting Greenland Plan
Denmark has warned that any military action would threaten NATO
U.S. Lawmakers Visit Denmark and Greenland Amid Trump Takeover Threats
Trump first raised the idea of acquiring Greenland in 2019
Denmark Says U.S. Push on Greenland Is Unacceptable
Trump later repeated his view that Greenland is essential to U.S. national security
Kazakhstan Condemns Drone Attacks on Black Sea Tankers
The affected tankers had all necessary permits and identification systems.