News about energy: events, facts and developments on tafs uz.
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The World Bank warned of accelerating growth in energy and food prices due to the war against Iran, conflicts and El Niño. Food prices will rise by 10% in 2026 and energy prices by 32%. The bank has already provided $8.7 billion in emergency assistance to vulnerable countries.
Aziz KarimovIn January–September 2026, Uzbekneftegaz produced about 17 billion cubic metres of gas. The company expects to reach 22.8 billion by the end of the year, which still means a decline of about 9.5% compared with 2025. The company's chief geologist explained the drop by the high depletion of reserves at large fields and spoke about measures to stabilise production.
Otabek YusupovBritish newspapers on Wednesday, 28 October 2026, discuss Chancellor John Healey's first Budget, which will be delivered at lunchtime on Wednesday. The publications differ in their assessments: some write about the scrapping of 'green levies' and help for low-income households, others about a record tax burden and the abandonment of welfare reform. British newspapers on Wednesday, 28 October 2026, discuss Chancellor John Healey's first Budget, which will be presented at midday on Wednesday. The publications differ in their assessments: some write about the scrapping of 'green levies' and support for low-income households, others about a record tax burden and the abandonment of welfare spending reform. British newspapers on Wednesday, 28 October 2026, discuss Chancellor John Healey's first Budget, which will be presented at midday on Wednesday. The publications differ in their assessments: some write about scrapping 'green levies' and support for low-income households, others about a record tax burden and the abandonment of welfare spending reform.
Aziz KarimovRussian President Vladimir Putin, speaking at the Gas Exporting Countries Forum, stated that the EU's rejection of Russian energy resources will harm the European economy and lead to higher prices for end consumers. He emphasized that Russia maintains its leading positions in gas reserves and production, and called for cooperation among exporters rather than the creation of new barriers.
Otabek YusupovSpeaking on October 27 at the eighth summit of the Gas Exporting Countries Forum in Moscow, Vladimir Putin said that Russia acts as a responsible and predictable supplier of gas abroad. Following the meeting, the Moscow Declaration is expected to be adopted.
Aziz KarimovPolish Finance Minister Andrzej Domański, speaking at the Polish-German economic forum in Warsaw, stated that the country will never agree to a return to dependence on Russian gas and raw materials. The statement came amid the EU's ongoing rejection of Russian energy and discussions in Germany, where the AfD advocates restoring imports of Russian energy carriers.
Aziz KarimovOn October 23, Ukraine's cabinet set a booking quota for military-liable personnel at critically important defense-industry and fuel-and-energy enterprises — 95%. A temporary coordination center has been created, and ministries and regional administrations must revise criticality criteria within 10 days.
Aziz KarimovRussian Energy Minister Sergei Tsivilev and Libya's acting Minister of Oil and Gas Khalifa Rajab Abdelsadek agreed to speed up the resumption of the joint intergovernmental commission's work and expand cooperation in energy. The meeting took place ahead of the eighth summit of the Gas Exporting Countries Forum in Moscow on October 27.
Aziz KarimovLibya's National Oil Corporation announced the commissioning of the Al-Rashad gas field south of Brega. The field's capacity is up to 50 million cubic feet of gas per day. The ceremony took place on the 65th anniversary of Libya's first oil export shipment.
Otabek YusupovKirill Dmitriev, head of the Russian Direct Investment Fund and the Russian president's special envoy, accused European officials on the social network X of dodging responsibility on migration, energy, and 'fanning the war.' Earlier he spoke about the inevitability of Europe buying Russian energy resources and about developing Russia–US cooperation despite the position of a number of European countries.
Otabek YusupovAmid a cold weekend and a forecast rise in energy bills, BBC News gathered tips from families and experts on how to keep a home warm without turning on the heating. Experts warn that older and vulnerable people should not sacrifice their health to save money. Amid a cold weekend and forecasts of rising energy bills, BBC News has gathered tips from families and experts on how to keep your home warm without turning on the heating. Experts warn that older and vulnerable people should not sacrifice their health for the sake of saving money.
Aziz KarimovThe Wall Street Journal reports that residents of Kyiv are preparing for the harshest winter of the entire conflict amid increasingly frequent power outages and water supply disruptions. About three million people fear the severe cold, and some are considering relocating: the number of rental apartments in Kyiv has grown by 66% since the beginning of August, while available housing in the western regions has decreased.
Aziz KarimovIn an interview with Vesti news agency journalist Pavel Zarubin, Russian President Vladimir Putin stated that Russia has never banned the supply of oil, gas, coal and uranium raw materials to Europe, and that the initiative to stop purchases came from the European states themselves. According to him, the EU continues to develop plans for a complete abandonment of the remaining supplies. Earlier, Putin instructed the government to assess redirecting exports to other markets.
Aziz KarimovRosatom Director General Alexey Likhachev said that in 2027 large-scale construction will unfold at the site of the first nuclear power plant in Uzbekistan, and the number of personnel will grow from 1,000 to 12,000–13,000 people. In 2026, the surveys and design of the large plant will be completed, concreting of the foundations of the small power units will continue, and personnel training will go on.
Otabek YusupovRosatom director general Alexey Likhachev said on October 23 that the company is ready to participate in new nuclear projects in Uzbekistan, noting that the choice of partners remains with Tashkent. According to him, the first contracts with specialists for servicing the small nuclear power plant are planned for 2027. It was previously reported that preparations were underway for a second nuclear power plant, which, according to Vucic, Mirziyoyev plans to build with China.
Aziz KarimovOn 23 October, Rosatom head Alexey Likhachyov, after a meeting with Shavkat Mirziyoyev, said that an international financial institution is participating in the financing of the construction of the integrated nuclear power plant in the Jizzakh region. All four power units are under construction at the site: two VVER-1000 and two RITM-200N. By the end of 2026, the foundation slab of the first power unit is planned to be completed.
Aziz KarimovUS President Donald Trump signed a memorandum declaring oil production, refining and related infrastructure essential to national defense. Section 303 of the Defense Production Act was invoked, opening the possibility of federal funding for oil projects.
Javlon TursunovThe UK government has approved the start of gas production at the large Jackdaw field in the North Sea after years of legal disputes. The first fuel could reach consumers as early as the end of October. The decision was welcomed by US President Donald Trump but criticised by environmental organisations; the fate of the Rosebank field remains undecided. The UK government has approved the start of gas production at the large Jackdaw field in the North Sea after years of legal disputes. The first fuel could reach consumers as early as late October. The decision was welcomed by US President Donald Trump but criticised by environmental organisations; the fate of the Rosebank field remains undecided.
Sevara Azamova
