Saudi firm signs $200 million Afghanistan energy deal
Saudi Arabia’s Delta Energy International has signed a 25-year, $200 million oil and gas contract with Afghanistan’s Ministry of Mines ...
Uzbekistan is strengthening international partnerships in the energy sector, signing several new deals with Gulf and U.S. companies to expand its renewable capacity, modernise production, and attract billions in investment.
The Ministry of Energy has signed an agreement with Gulf Oil International to build a lubricant production plant in the Jizzakh region.
The facility will have a capacity of up to 60,000 tonnes per year and will rely on local raw materials to meet domestic demand and supply regional markets.
According to the ministry, the project will not only reduce import dependence but also strengthen industrial capacity and create new jobs.
Gulf Oil representatives say Uzbekistan’s strategic location and ongoing economic reforms makes it an attractive regional hub.
At the same time, Uzbekistan is advancing its green energy agenda with Allied Biofuels Corporation unveiling plans to invest around $150 million in a biofuel production facility that will convert agricultural waste into environmentally friendly fuel.
The initiative is in line with Uzbekistan’s target to increase the share of renewables in its energy mix to 40% by 2030, reiterating its national green transition strategy.
The project is expected to generate new employment opportunities in rural areas while contributing to emission-reduction goals and sustainable development.
Uzbekistan is also deepening ties with leading American energy companies, including Schlumberger, GE Vernona, and Honeywell.
Discussions largely focus on technology transfer, modernisation of thermal power plants, and the introduction of smart energy systems.
The agreements reached during President Mirziyoyev’s visit to the U.S. demonstrate Uzbekistan’s balanced approach to energy policy through strengthening cooperation in traditional oil and gas and accelerating the shift towards renewables.
Through these partnerships, Uzbekistan aims to combine foreign investment, innovation, and domestic reform to build a sustainable and competitive energy future.
At least five people were killed and five others injured when an Amazon Prime Air cargo plane overran a runway and crashed while landing at Miami International Airport on Sunday, 6 September, local officials said.
U.S. special envoys Jared Kushner and Steve Witkoff have held talks with Ukrainian President Volodymyr Zelenskyy in Kyiv on Sunday on efforts to end Russia’s war in Ukraine.
A TV channel was struck during a live broadcast on Tuesday, Ukrainian President Volodymyr Zelenskyy said, as Russian strikes on Kyiv killed at least three people, the city's Mayor Vitali Klitschko said. Meanwhile, drones hit civilian infrastructure in Russia's southwestern Saratov region.
Indonesia has reopened Jakarta's main airport and four others after volcanic ash from Mount Anak Krakatau forced widespread flight cancellations, though fresh eruptions have kept authorities on alert.
Operations at several energy facilities in Saudi Arabia were suspended on Tuesday after attacks by Iran-aligned Houthi forces injured more than 70 people and sparked fires, Saudi authorities said.
Saudi Arabia’s Delta Energy International has signed a 25-year, $200 million oil and gas contract with Afghanistan’s Ministry of Mines and Petroleum, launching exploration and extraction work in the country’s western Kushk-Tirpul basin.
Asian countries are seeking to unlock investment and ease cross-border financing as digital technologies transform financial markets, a key focus of the first CICA Finance Summit in Astana, attended by representatives from 16 member states.
Several state-owned infrastructure companies in Central Asia are preparing for potential listings in Hong Kong, as the financial hub steps up efforts to connect the region’s businesses with international investors.
Pakistan has ordered Afghan medical and dental students to return to Afghanistan, widening its repatriation drive as tensions with Kabul persist over militant attacks and cross-border security.
Türkiye could become an increasingly important outlet for Iraqi crude as Baghdad develops new export routes to reduce its reliance on the Strait of Hormuz and targets capacity of five million barrels per day.
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