The Republic of Moldova and the autonomous region of Transnistria are facing a severe energy crisis following the cessation of gas deliveries by Gazprom, effective from January 1, 2025. This disruption has had significant impacts on essential services, particularly in Transnistria, and broader
In a noteworthy move demonstrating its dedication to sustainable business practices and growth, HKBN has successfully secured a HK$5.25 billion Sustainability-Linked Loan (SLL Facility) from 11 prominent international, regional, and local banks. This financial milestone underscores HKBN’s c
Despite Uzbekistan's energy minister's 2021 assurance that domestic gas production could meet demand threefold, the current reality paints a starkly different picture. Over the past five years, Uzbekistan has seen a considerable decline in natural gas production, forcing many residents to
The automotive industry is at a crossroads as it seeks sustainable solutions to reduce greenhouse gas emissions and combat climate change. Battery-electric vehicles (BEVs) currently lead the charge, offering a greener alternative to traditional internal combustion engine (ICE) vehicles. However,
The International Energy Agency (IEA) recently released a pivotal special report that delves into the future of the oil and gas industry amidst the global transition towards clean energy. The report, titled "The Oil and Gas Industry in Net Zero Transitions," provides a comprehensive
The Oil and Gas Development Company Limited (OGDCL) has significantly enhanced oil production from the Pasakhi-5 Well through the implementation of advanced technologies. OGDCL's diligent efforts align with broader industry trends that emphasize the importance of optimizing production