Asia

Pakistan

• Pakistan receives first-ever US crude oil shipment
• NEPRA fines Discos Rs110m for missed targets
• NEPRA Slaps Rs110m Fines on Four Power Distribution Companies for Poor Performance
• POL Posts Rs5.4bn Profit in Q1 Despite Decline in Sales
• Wafi Energy Pakistan Posts Rs3.03bn Profit in 9MFY25, Expands Retail Network and Sustainability Drive
• Gas Utilities Push for Major Tariff Hikes to Bridge Rs77bn Revenue Gap in FY26
• OGDC declares highest-ever first quarter dividend of Rs 3.50 per share

China

• Xi to meet Trump on Oct. 30 in ROK
• China unveils new measures to facilitate cross-border trade
• China-ASEAN FTA 3.0 to fuel economic growth, strengthen regional integration
• World’s tallest dam for pumped-storage power station fully operational in east China
• Xinjiang’s Horgos port handles over 8,000 China-Europe freight trains in 2025
• China’s green shipbuilding drive boosts global maritime decarbonization

India

• Indian Oil to team up with Vitol in global trading push
• Many Indian refiners pause new Russian oil orders, await clarity
• Indian Oil Corp will not completely avoid Russian crude purchases, exec says
• Mangalore Refinery and Petrochemicals pauses Russian oil buying to avoid sanctions risks, executive says
• Indian refiners’ September crude processing hits 19-month low
• QatariEnergy signs 17-year LNG supply deal with India’s GSPC (Note: Qatar-India LNG deal)
• India’s Solex Energy to invest $1.5bn in solar manufacturing, eyes US exports
• Ethanol industry seeks 1–2% hike in blend as automakers resist over fuel efficiency loss
• India considering $12 billion plan to bail out state power distributors
• Festive and industrial load push power demand up 12%; prices ease on renewable surge

Japan

• Tokyo Gas to Lift Dividend 40 Pct by Fiscal 2028 Under New Plan
• Alaska LNG Project nets preliminary agreement with Tokyo utility (US-Japan energy cooperation)
• Alaska LNG project (US) secures 1 Mt/year offtake deal with Tokyo Gas

Malaysia

• Malaysia, Italy Agree To Expedite And Finalise Petronas-ENI Cooperation
• Singapore grants conditional approval for 1GW low-carbon power import from Malaysia
• Petronas imported LNG from multiple countries before trade pact, including US

Indonesia

• Indonesia’s palm oil industry becomes investment magnet
• Indonesia resumes int’l carbon trading after 4-year hiatus

Vietnam

• Vietnam posts nearly $14 bln trade surplus in 8 months
• Vietnam, Russia to speed up agreement for construction of nuclear power plant
• Petrovietnam seeks more partnerships in new materials, energy logistics, mechanical engineering
• Petrovietnam’s arm PTSC posts 140% profit surge in Q3 on higher deposit income

Singapore

• Vietnam PM urges Singapore to join country’s international financial center development

Regional

• Acteon, Wynnergy team up to deliver offshore wind solutions across Asia
• Samsung Heavy Industries Delivers First LNG Carrier With Korean-Style KC-2C Cargo Tank
• First export cable in at China’s new 1 GW offshore wind farm
• China Promotes Peak Fossil Fuel in 5-Year Plan

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Middle East

Iraq

• Excelerate Energy to develop integrated floating LNG import terminal in Iraq
• Iraq secures first floating LNG import platform deal with U.S. firm

Kuwait

• Kuwait Oil Company unveils $3.9bn exploration drive through 2030
• Kuwait forms project company for Al-Zour North expansion
• UK company awarded five-year oil contract in Kuwait

Saudi Arabia

• Aramco and Yokogawa Achieve a Major Milestone with Commissioning of Multiple Autonomous Control AI Agents at Major Gas Facility
• CMA CGM plots expansion in Saudi Arabia with $450m Jeddah terminal JV
• Saudi Electricity Company secures $3bn financing deal
• Saudi port operator signs $453m deal with French firm
• L&T bags ‘large’ power transmission and substation orders in Saudi Arabia
• TotalEnergies plans 400 MW solar plant in Saudi Arabia

Iran

• India seeks US sanctions waiver extension for Iran’s Chabahar Port
• Iran cuts oil prices further for China as sanctions bite

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Africa

Algeria

• Algeria replaces chief executive of national oil company

Ethiopia

• Ethiopia’s Economic Growth Surges to 10.2% Amid Reform Success

Libya

• Design work completed for $1bn Libyan pipeline

Nigeria

• Nigeria seeks Bank of America deal to grow oil sector

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Europe

Regional

• Equinor expects tighter European gas market this winter
• Neoline to deploy sailing Ro-Ro cargo ship on trans-Atlantic routes

Germany

• Hapag-Lloyd names final LNG dual-fuel Hamburg Express class newbuild

Italy

• Italy’s Fincantieri and NextGeo seal the deal for autonomous vehicle development

Norway

• Solstad and Ocean Installer agree contract extension for advanced CSV, possibly until 2031

Russia

• Ukraine’s strikes cripple 20% of Russia’s oil refining power
• Putin Defies Trump With Second Nuclear Weapons Test in Days
• Ukrainian Drones Target 3 Russian Industrial Sites, 13 Airports Closed Overnight
• Second tanker departs Russia’s sanctioned Portovaya LNG plant

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North America

Canada

• Oilsands emissions rise slightly with new production, even as industry makes progress on GHGs
• British Columbia says yes to $1.14 billion LNG storage expansion

United States

• Baker Hughes to provide technology for large-scale low-carbon ammonia project in US
• All operational US liquefied natural gas terminals have violated pollution limits, says report
• US pushes to streamline permitting with new bill by fast-tracking LNG export approvals
• U.S. LNG to Supply One-third of Global Market by 2030, Tightening Price Spreads
• Judge invalidates permit for Commonwealth LNG
• Hitachi Energy buys stake in US-based Shermco to boost grid services
• Amazon launches AI infrastructure project, to power Anthropic’s Claude model
• TE Connectivity forecasts upbeat quarterly profit on strong demand for AI products

Caribbean / Trinidad & Tobago

• McDermott handpicks EnerMech for work on Shell’s giant gas project off Trinidad & Tobago

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South America

Argentina

• XRG in Talks to Invest in Argentina LNG Project
• YPF Extends Rally as Abu Dhabi LNG Talks, U.S. Deal Fuel Momentum

Venezuela

• Venezuela suspends energy deals with Trinidad after it hosts US warship

Brazil

• Exxon restructures exploration portfolio in Brazil

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