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Azerbaijan Moves Into Uzbekistan’s Fast-Growing Mining Sector

Azerbaijan and Uzbekistan are strengthening economic connections, signing a variety of agreements covering mining, banking and tourism. Uzbek Prime Minister Abdulla Aripov and his Azerbaijani counterpart, Ali Asadov, presided over a signing ceremony on June 16 in Tashkent of a cooperation agreement under which the two countries will jointly develop an Uzbek gold deposit as well as other mineral resources. Ural Yusupov, Uzbekistan’s deputy mining minister, previously indicated that Tashkent was intent on conducting…

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https://oilprice.com/Geopolitics/Asia/Azerbaijan-Moves-Into-Uzbekistans-Fast-Growing-Mining-Sector.html

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Connexes dans International

INTEnergy Newsoilprice:oilprice-article-44695ActualitésIn force

Forget Critical Metals, Electricity is The Real Bottleneck for AI

The U.S. dollar is cracking—and the market knows it. After years of monetary excess, swelling deficits, and policy uncertainty, the world’s reserve currency is losing its grip as a store of value. Capital is fleeing paper promises and piling into hard assets at a pace not seen in decades. Nowhere is this more visible than in precious metals: Gold has surged to above $4,100 per ounce, silver has ripped past $70, and palladium—once written off—has clawed its way back to $1,350. Add an unstable geopolitical backdrop stretching…

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INTEnergy Newsoilprice:oilprice-article-44694ActualitésIn force

Europe Has Entered The Nuclear Golden Age Amid AI Boom

Nuclear power is experiencing a massive revival across Europe, with the regulatory environment shifting decisively in its favor thanks to surging electricity demand from the AI and data center boom, climate goals, volatile global energy markets and the urgent need for structural energy independence. It’s a big wishlist, and nuclear may be the fastest way to realize it. Massive power demand by the tech giants and hyperscalers is exceeding traditional grid capacities in Europe and the United States. AI data centers require huge amounts of baseload…

il y a 11 heures

INTEnergy Newsoilprice:oilprice-article-44693ActualitésIn force

First Oil Sands Project in 10 Years Starts Production

The first new oil sands project in Alberta since 2014 has started commercial production, aiming for a daily average of 80,000 barrels once it ramps up. The Blackrod project, led by International Petroleum Corp., moved to the first phase of production despite the peak oil demand narrative that has dominated the past decade, especially in Canada. Canadian oil sands have been in the focus of transition attention as especially energy-intensive, meaning emission-intensive, and as a high-cost way of extracting crude oil from the ground. Under activist…

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INTEnergy Newsoilprice:oilprice-article-44690ActualitésIn force

Court Ruling Deals Major Blow to Trump's War on Wind Power

Donald Trump has been battling wind turbines in the court of public opinion and in actual court for over a decade now. Trump has railed about “windmills” repeatedly over the course of his presidential term and campaign trails, calling the technology “so pathetic and so bad” before proudly declaring that no wind power will be approved on his watch. “I can proudly say [...] that we have not approved one windmill since I’ve been in office. And we’re going to keep it that way. My goal is to not let any windmill…

il y a 13 heures

INTEnergy Newsrigzone:https://www.rigzone.com/news/wire/oil_slips_as_hormuz_traffic_resumes-18-jun-2026-183950-article/?rss=trueActualitésIn force

Oil Slips as Hormuz Traffic Resumes

Markets expect Middle East oil flows to recover, though analysts warn supply risks remain.