Uzbekistan

COMMENT: The new Cold War will be different, and not only because of China

Peter Szopo February 6, 2023

Mercantilism is also replacing globalisation, and the US has a declining interest in European affairs.

CENTRAL ASIA BLOG: Taliban’s lousy power deals exposed as Uzbekistan pulls plug in deadly cold

Fuad Shahbazov February 3, 2023

Partly thanks to infrastructure projects blown up by the militants while they were trying to turf out the US, Afghanistan is dependent on neighbours for 73% of its electricity.

Artel pioneers ESG in Uzbekistan

Ben Aris in Berlin February 2, 2023

As the leading privately owned company in the country and a large employer, Artel is trying to lead by example and promote best and responsible ESG business practices in Uzbekistan, the company said in its recently released progress report for 2022.

bneGREEN: Most growth in power generation by 2050 will be solar and wind – BP

by Roberta Harrington in London February 1, 2023

Most growth in global power generation by 2050 will be solar and wind, according to oil supermajor BP’s annual benchmark report, the 2023 Energy Outlook.

PANNIER: Uzbeks, Kyrgyz cooperating to level unthinkable 10 years ago

Bruce Pannier January 31, 2023

Gone is the era when Uzbekistan’s late president Islam Karimov was walling off his country from its immediate neighbours.

Russia forges ahead with gas ambitions in Uzbekistan, Kazakhstan

Joanna Lillis for Eurasianet January 26, 2023

Moscow is driving forward its energy ambitions in Central Asia as it seeks new markets for gas that Europe now shuns.

bneGREEN: Renewable energy was a hot topic in Davos but for Europe, much work remains

by Roberta Harrington in London January 25, 2023

‘Cooperation in a fragmented world’ was the theme at the World Economic Forum in Davos, but Europe is still struggling to catch up with the cleantech policies of the US and China.

Big freeze that was feared by gas hungry Europe hits Central Asia, Iran

bne IntelliNews correspondents January 20, 2023

Tales of families sleeping in cars that are warmer than homes as cold front brings sub-zero temperatures not experienced in half a century.

Reports say Russia offered Uzbekistan gas deal but wanted Gazprom to take over country’s transmission system

bne IntelIiNews January 18, 2023

Word of rejected proposal comes as many Uzbeks shiver with no gas amid big winter freeze.

Central Asia’s shorter winters are whittling away glaciers

David Trilling for Eurasianet January 18, 2023

Glaciers are disappearing around the world. Here’s how it happens in Central Asia.

Saneg leads drive for Uzbekistan's self-sufficiency in energy

Cameron Jones in Tashkent January 17, 2023

In November of this year, Uzbekistan's Sanoat Energetika Guruhi and its Ferghana Oil Refinery (FNPZ) began to operate under a single brand known as Saneg. Saneg is Uzbekistan's largest private oil and gas company.

Uzbek president fires Tashkent mayor for ‘empty words’ as energy shortages hit city amid big freeze

bne IntelliNews January 16, 2023

Jahangir Artykhodjayev reportedly detained at airport trying to leave country. Prosecutor General's Office ordered to examine officials’ lack of preparation for severe cold.

EBRD invests record €13.1bn into its region in 2022

bne IntelliNews January 15, 2023

The European Bank for Reconstruction and Development invested a record €13.1bn into its Emerging Europe and Eurasia region in 2022, the bank announced on January 12.

Uzbekistan fights gloom as stock market fails to spark

bne IntelliNews January 12, 2023

Endures 2022 without IPO, fails to attract enough domestic and foreign capital.

bneGREEN: Patent data show shift to green hydrogen gaining momentum

Richard Lockhart in Edinburgh January 11, 2023

Global hydrogen production is set to become greener, with patent data suggesting a shift towards a new wave of innovation and scientific development in electrolysis technology.

bneGREEN: Green transition is $10.3 trillion opportunity for the global economy by 2050, new report finds

by Roberta Harrington in London January 11, 2023

New green industries could be worth $10.3 trillion to the global economy by 2050, equivalent to 5.2% of global GDP that year, finds a new report by Arup and Oxford Economics.

OUTLOOK 2023: Uzbekistan

Muzaffar Ismailov inTashkent January 11, 2023

Uzbeks remain nervous fallout from consequences of Ukraine war could derail economic hopes.

NEMETHY: Key economic and financial drivers to watch in 2023

Les Nemethy CEO and founder of Euro-Phoenix Financial Advisors January 10, 2023

There is an old joke that the role of economic forecasters is to make astrologers look good. Forecasting GDP or inflation for the upcoming year with any degree of accuracy is virtually impossible, but there are some scary signs appearing.

Central Asian rain may be caused by Indian, Chinese pollution

David Trilling for Eurasianet January 10, 2023

New research suggests that pollution thousands of miles away may be responsible for unusually strong summer downpours in Central Asia.

bneGREEN: Record 2022 for coal threatens green targets

Richard Lockhart in Edinburgh January 6, 2023

World coal consumption reached a new high in 2022 before levelling out in 2023 and 2024, with rising usage in emerging Asian countries cancelling out falling demand in advanced economies.

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