Asia
Pakistan
- Petrol and diesel prices are expected to increase again for the first fortnight of November; petrol prices likely to rise by up to Rs2.43 per litre from November 1.
- Pakistan receives first-ever US crude oil shipment at the Cnergyico terminal.
- Wafi Energy reports Rs3.03bn profit and expands its retail network across Pakistan.
- OGDC announces financial results and declares highest-ever first quarter dividend of Rs3.50 per share.
- CDNS raises Rs350 billion in savings inflows during the first four months of FY2025-26.
- NEPRA completes hearing on CPPA-G’s plea for Rs0.37 per unit fuel cost relief.
China
- China delivers two fifth-generation LNG carriers, marking leap in green maritime innovation.
- Xi says ready to work with Trump to build a solid foundation for bilateral ties and create a sound atmosphere for development of both countries.
- Xi says China confident, capable to navigate all kinds of risks and challenges.
- China unveils outcomes of China-U.S. economic, trade talks in Kuala Lumpur.
- China channels 500 bln yuan through new policy-based financial instrument to spur investment.
- Trump says China to begin process of purchasing ‘American energy’.
India
- Indian Oil Corporation has invited bids to procure 24 million barrels of oil from suppliers in the Americas for January–March 2026 amid uncertainties around Russian supplies.
- HPCL Q2 profit soars 27x on higher margins.
- Jio-bp opens integrated mobility hub in Bengaluru.
- India and Nepal sign power transmission deals to boost cross-border energy trade.
- Government plans new scheme to restructure power distribution utilities with private participation.
- India’s installed power generation capacity crosses 500 GW.
Indonesia
- Indonesia’s palm oil industry attracted IDR52.7 trillion (~$3.2bn) in investment during the first nine months of the year.
Japan
- Japanese trio demonstrates land-based operation of a marine hydrogen engine, marking progress toward hydrogen-powered shipping.
- Yang Ming orders six methanol dual-fuel-ready containerships from Japanese yards.
Malaysia
- PETRONAS imported LNG from multiple countries including the US prior to a trade pact.
Singapore
- Glencore Group nears deal to acquire Shell’s Singapore oil refinery.
- Singapore’s total employment growth rises in Q3, outpacing the previous quarter.
South Korea
- Samsung increases production of advanced memory chips following record-high global sales.
- Hyundai Motor breaks ground on a $680 million hydrogen fuel cell plant in South Korea.
Vietnam
- Vietnam’s economy expands 7.85% in 9 months; GDP grows 8.22% in Q3, the highest since 2011.
- Vietnam parliament resolves to allow more buyers under direct power purchase arrangements.
- DNP Water and Samsung E&A launch a $69m inter-regional water project in the Mekong Delta.
Regional
- Qatari LNG: QatarEnergy signs a 17-year LNG supply deal with India’s GSPC
- Natural Gas: Asia’s LNG premium returns as demand divergence reshapes global flows; green fuels to account for over 25% emissions cuts in Asia Pacific by 2050 per report.
- Another US sanctions waiver for Iran’s Chabahar Port boosts India’s Afghanistan plan.
Middle East
Egypt
- Zohr-9 gas well to add 70 million cubic feet to Egypt’s daily output, minister says.
- Chemical Industries Holding launches green hydrogen projects in partnership with global investors.
Iraq
- Iraq signs a $450m contract to develop an LNG facility.
- Iraq resumes exports from the Zubair oil field after a fire.
Kuwait
- Kuwait Oil Company plans to invest $3.9 billion in oil exploration by 2030 and is seeking approval to increase budgets to support projects.
- Kuwait Petroleum Corporation (KPC) plans to reach 4 million barrels per day by 2035.
Oman
- Omani group IGC to sign landmark gas purchase deals.
- Oman’s electricity transmission operator OETC prices and mandates a $750m 5-year green sukuk.
Qatar
- QatarEnergy signs a 17-year LNG supply deal with India’s GSPC.
Saudi Arabia
- Saudi Aramco calls back an ADES jackup for a 2026 start.
- Saudi Aramco executive says natural gas is now a permanent energy fixture.
- ACWA Power says financing secured for five solar projects in Saudi Arabia.
- Saudi Arabia’s real GDP grows 5% in Q3; economy minister projects 5.1% real GDP growth for 2025.
UAE
- Abu Dhabi TAQA sells an India power plant for $105m as part of a pivot to green power.
- Dubai builder completes hull of Selar’s new Arctic expedition ship; Adnoc setting up a dedicated chemicals port.
- Contractors submit bids for UAE high-speed rail project.
Regional
- Many Indian refiners pause new Russian oil orders awaiting clarity; oil prices little changed as markets eye US-China trade talks.
- Arab Energy Fund leads $26.3m equity round in biofuels feedstock platform Tagaddod.
- IEA forecasts surge in LNG capacity by 2030.
Africa
Angola
- Africa’s infrastructure financing takes centre stage at the Luanda Summit.
Mozambique
- Maputo and Aiteo launch a refinery plan to position Mozambique as a regional energy hub.
- TotalEnergies lifts force majeure on its Mozambique LNG project; work on a $25 billion LNG project set to resume despite unrest.
Nigeria
- Nigeria is pursuing a deal with Bank of America to support growth in its oil sector.
Regional
- African Development Banks expand lending as capital buffers strengthen.
- Africa’s tech ecosystem continues to drive innovation across the continent.
Europe
Russia
- Another tanker departed from Russia’s sanctioned Portovaya LNG plant, data shows.
United Kingdom
- UK’s Reeves is reported to be considering scrapping the windfall tax on the oil and gas industry.
North America
Canada
- Coastal First Nation and others reiterate opposition to any oil port development after Alberta announces pipeline plans.
United States
- Report finds all operational US liquefied natural gas (LNG) terminals have violated pollution limits; major American LNG exporters habitually break air pollution laws per multiple reports.
- Expand Energy expects to produce more US natural gas at lower cost and eyes big gas upside in the Western Haynesville.
- Oil settles higher on a large drop in US stockpiles and trade optimism; US crude inventories continue to fall despite glut narrative.
- US Army Corps of Engineers approves Enbridge plan to encase aging Line 5 oil pipeline under the Great Lakes.
- Oil spills and responses: oil spill in the Chicopee River triggers cleanup efforts; Coast Guard responds to an oil spill at Port of Galveston after a vessel allision and reports that the spill was contained.
- Regulators allow LG&E and KU to build natural gas units but deny extension of a coal unit.
- Cheniere Energy company news: valuation analysis after share weakness and shares bought by James Investment Research; Americas LNG summit & exhibition returning to Lake Charles.
- American Cruise Lines to acquire 10 new ships through 2028.
- Trump announces an agreement with China’s Xi on tariffs and rare earth exports; Trump says strikes deal with Xi on tariffs and rare earth exports and clarifies Nvidia’s Blackwell chip was not discussed.
Regional
- Port fee showdown postponed as US and China return to talks.
Oceania
Australia
- DeepOcean contracted for offshore decommissioning duty in Australia in 2026.
- ‘Tax Me’ protest targets coal ship named Climate Justice in Newcastle.
Global
- LNG2026 unveils plenary sessions and first-round speakers; industry events including the 22nd Americas LNG Summit & Exhibition scheduled to return to Lake Charles.
- Neoline’s new sailing Ro-Ro completes its first trans-Atlantic crossing.
- MSC Cruises ship to receive additional suites and upgrades after a two-month refurbishment.
