[SEG, Kontiki discover new oil and bitumen fields in Uzbekistan]Sanoat Energetika Guruhi and its partner Kontiki Exploration have discovered an ultra-heavy oil and bitumen field in the Zerafshan sag in Uzbekistan. The new discovery, known as Yangi Uzbekistan, is located in the area between the cities of Samarkand and Navoi and is the largest oil field in Uzbekistan. It is estimated that Yangi Uzbekistan has reserves of about 100 million tons of bituminous oil and is expected to produce up to 1 million tons of bituminous oil per year by 2025. Editor/Xing Wentao
The board of directors of Zijin Mining has approved a guarantee of 348 million yuan, and the Tanzan Railway Activation Project plans to apply for a total loan of 6.9608 billion yuan. The project company has not yet started actual operations, and the guarantee has been implemented to promote the financing process. Some projects have already started in the early stage of the project. Editor/Min Jing
On September 16, 2026, the China Mongolia power grid officially achieved cross-border interconnection between networks, and the project was included in the construction list of the China Mongolia Russia Economic Corridor. Both sides have overcome multiple technical challenges to ensure the electricity supply for Mongolia's industrial and mining sectors as well as people's livelihoods. They will also promote cross-border green power transactions and deepen energy cooperation between the two countries. Editor/Min Jing