Here is the latest LNG, oil, gas, power and energy news from around the globe.

News Desk @ Doha, Toronto, Islamabad & London.

Asia

Cambodia

  • Angkor Resources has identified a third drilling prospect on its Block VIII oil & gas license, signaling further exploration activity in the country.

China

  • China commits $470 billion to boost domestic oil and gas production to enhance energy security and reduce reliance on imports.
  • Gazprom reports a new historical record in gas supplies to China, highlighting growing Russia–China energy cooperation.
  • Maersk orders a series of 18,000 TEU LNG newbuilds in China as part of a move toward greener shipping solutions.
  • COSCO Shipping commissions DSIC to build six LNG/methanol-ready tankers, expanding environmentally friendlier fleet capacity.
  • Beihai Shipbuilding christens two 310,000 dwt ammonia-ready VLCCs, signaling advancement in greener shipping solutions.
  • Coverage of the 8th China International Import Expo (CIIE) highlights new product debuts and the global attraction of China’s large market; additional cultural and infrastructure stories (double-deck Yangtze bridge opening, national games, observatory highlights) also reported.

India

  • Apollo Hospitals missed quarterly profit estimates as occupancy fell.
  • Singtel is reportedly offering to sell its $1.18 billion stake in Bharti Airtel.
  • India’s markets regulator will consult stakeholders to review IPO rules for small firms.
  • Indian bonds ended higher amid speculation of RBI support; other market stories include corporate earnings and policy items (UPL profit swing, Reliance offsetting market losses, Bajaj Housing slowest profit growth).
  • Energy & power developments: Vedanta’s power business secured a 500 MW supply deal with Tamil Nadu DISCOM; PVUNL declared commercial operation of an 800 MW unit in Ramgarh; HPCL deferred a lubricants carveout to focus on debt reduction.

Indonesia

  • The Asian Development Bank approved a $180 million loan to support geothermal projects by PT Geo Dipa Energi.
  • Mubadala is fast-tracking the Tangkulo project amid policy tensions.

Japan

  • New landing craft delivered to Japan Ground Self-Defense Force; SoftBank-backed Metropolis raised $1.6 billion to expand beyond AI-powered parking solutions.

Malaysia

  • Tunku Azizah launched the National Occupational Skills Standard (NOSS) for Culinary Arts and Gastronomy.
  • Kapit is planned to be developed into a modern inland town within 10 years; other items include a forest fire in Selangor and a reported reduction in government dependence on petroleum-related revenue.

Pakistan

  • Stock markets saw modest declines as investors remained cautious; PSX experienced continued selling pressure with KSE-100 falling further.
  • State Bank of Pakistan reserves rose slightly by $31 million to $14.5 billion while other reports note total liquid reserves of $19.66 billion.
  • Power-sector issues: circular debt rose to Rs1.69 trillion; NEPRA questioned DISCOs over installing 4 million AMI meters without approval; K‑Electric secured an interim stay against a NEPRA order and faced governance-related board meeting cancellations.
  • Trade and industry: services exports grew (reported increases ~9.7% and 14.85% in Q1), a National Marble Policy is to be launched to boost exports, and several corporate items (FNEL in‑principle acquisition of Albert Pharma, PACRA upgrades JS Investments).

Philippines

  • AboitizPower to acquire a 25% stake in a central Vietnam power plant for $220 million (regional investment link to Philippines reported).

South Korea

  • Hyundai Motor has broken ground on a hydrogen fuel cell facility to advance fuel cell production and technology.

Thailand

  • Thailand’s Amata plans a $180 million industrial park in Ho Chi Minh City.
  • United Airlines returns to Thailand with a new Los Angeles–Bangkok route after 11 years.

Vietnam

  • Central Vietnam’s Dak Lak province to host 90 renewable energy projects (7,780.5 MW) in 2025–2030; Quang Tri accelerates coal, logistics and thermal projects; central provinces seeking accelerated LNG‑fired power plant projects.
  • Vingroup founder launches aerospace venture VinSpace; Vingroup also proposes a $5.3 billion high‑speed rail linking Hanoi with Quang Ninh and to develop a 6,300 ha urban complex in Congo.
  • Vietnam’s GDP expanded strongly (9-month growth 7.85%; Q3 growth 8.22%, highest since 2011); FDI capital disbursement hits five‑year high; Standard Chartered and HSBC raised Vietnam growth forecasts for 2025.
  • Major corporate and infrastructure moves: KBC $2 billion data‑center push; PV Drilling reports highest quarterly profit in 7 years; Geleximco‑led consortium wins approval for an $870 million urban project; Long Thanh airport to handle 80% of international flights to HCMC area.
  • Other business and policy stories: proposals to keep top personal income tax at 35%, calls for more clean energy and skilled labor to capture semiconductor investment, banking and securities corporate items, tourism and hotel partnerships (Sun Group, Hilton).

Global (Asia-labeled items with international angle)

  • DHL adjusts to shifting US trade rules and calls Asia its “second home”; Datadog forecasts strong Q4 earnings on AI-driven security demand (noted as Asia‑relevant).

Middle East

Egypt

  • Egypt has signed two agreements to expand natural gas exploration and production; Egypt awarded contracts for 1,200 MW of solar plants and signed deals for the Hurghada solar project with Japan’s Yurtec.
  • BP–ADNOC JV secured exploration rights for a gas field off Egypt; an ADNOC JV also reportedly acquired an Egypt gas field.
  • Chevron near approval to expand Israel’s Leviathan gas field but lacks an Egyptian export permit (regional energy permitting challenge).
  • ECHEM’s EBIOL secured $135 million financing for a bioethanol project.

Jordan

  • Jordan plans to tender a second phosphate rail line to enhance mining export infrastructure.

Oman

  • Oman positions itself to lead hydrogen infrastructure and signed four deals with Spain to boost green energy and trade cooperation.

Qatar

  • Qatar Airways exited Cathay Pacific with an $897 million stake sale; Qatar warned it will not deliver LNG to Europe if a sustainability law is not watered down.

Saudi Arabia

  • Saudi non‑oil private sector sees strong growth as PMI climbs over 60; other reports include Saudis lowering oil prices for Asia.

Syria

  • AD Ports acquired a stake in Syria’s Latakia terminal through a deal with CMA CGM.

UAE (United Arab Emirates)

  • ADNOC-related developments: ADNOC and Shell signed a 15‑year LNG supply deal for the Ruwais project; ADNOC Distribution earmarked about $300 million annually for organic growth and reported record fuel volumes; ADNOC Drilling to acquire 80% of MB Petroleum Services and announced large contract awards to UAE suppliers.
  • ABB awarded major contract and will support ADNOC’s all‑electric Ruwais LNG facility; Abu Dhabi Department of Energy partnered with Analog; local firm won a Dubai residential building; UAE unveiled a large road and rail spending plan.
  • Masdar to invest in Austria’s largest hydrogen project; Empower reported record Q3 revenue; UAE leadership and soft‑power commentary and increases in oil & gas technology exports noted.

Middle East — Regional/general

  • Middle East emerges as key frontier in the global clean industry race; Ta’ziz signed long‑term petrochemical supply pacts with Sanmar Group; several private sector empowerment and tech initiatives reported (Biban 2025).
  • New Israel–Cyprus $400 million gas pipeline awaiting approvals (Energean CEO).

Libya (listed under Middle East in some entries)

  • Libya’s National Oil Corporation (NOC) announced a new oil discovery in the Ghadames Basin and plans to use a central bank loan to boost output; interest shown by about 40 companies in its current bid round. Plans to create a new oil company in Benghazi have made little progress.

Africa

Egypt

  • (Also cross‑listed) Egypt awarded contracts for solar plants (1,200 MW) and has multiple energy project developments and financing deals; Adnoc JV acquisitions and exploration rights reported (cross‑region coverage).

Ghana

  • Blue Gold secured an additional $65 million to restart a Ghana gold project.

Libya

  • Libya’s NOC announced a new oil find; other domestic oil sector notes include NOC plans and limited progress on a new Benghazi oil company.

Morocco

  • Morocco invited bids for a 400 kV transmission line to upgrade its power grid.

Mozambique

  • A US firm completed a 180‑day offshore survey campaign offshore Mozambique, focused on energy exploration.

Nigeria

  • Shell awarded Halliburton an integrated drilling services contract for the HI gas field development.

Senegal

  • Senegal intends to launch the first phase of a digital technology park in 2026.

Somalia

  • Armed pirates attacked and boarded fuel tankers in deepwater attacks off the Somalia coast, with multiple incidents reported.

South Africa

  • South Africa granted a mining right for the Zeb nickel project; Daemaneng to operate the Lapon mineral processing facility.

The Gambia

  • The Ministry of Petroleum and Energy to present a national energy agenda at MSGBC Oil, Gas & Power 2025.

Regional/Continental

  • Articles and initiatives spotlight regional trade potential in Africa and financing facilities launched to support African infrastructure projects.

Europe

Greece

  • ExxonMobil has joined a gas exploration project (Ionian Sea Block 2), expanding presence in the eastern Mediterranean; Greece inaugurated a new natural gas compression station in Komotini.
  • Greece is gearing up for an offshore exploration revival with new farm‑in deals.

Poland

  • Poland aims to act as a hub to facilitate increased US liquefied natural gas (LNG) supplies to Ukraine and Slovakia, negotiating imports from the US to bolster regional energy security; multiple reports in different sources describe the same initiative.

Russia

  • Reports of Ukraine targeting major Russian oil refineries in drone strikes and claims of drone attacks at Lukoil facilities; overnight strikes hit a power plant and a refinery with one fatality reported.
  • Domestic Russian news: President Putin elevated numerous relatives to official roles (reported nepotism); a Perm singer sentenced to community service for Stoptime support.

UK

  • A cargo ship struck moored yachts after a power loss in the Isle of Wight.

Ukraine

  • Ukraine claimed a drone attack at a Lukoil refinery; related cross‑border energy infrastructure attacks reported.

North America

Canada

  • Spartan Delta reported Q3 oil and gas production and sales increases.
  • ExxonMobil awarded multimillion‑dollar offshore contract to Aker Solutions for Canada operations; Canadian firms and projects (e.g., Petronas securing Canadian LNG capacity) noted.

United States

  • US crude oil stocks rose by more than 5 million barrels week‑over‑week; oil steadied after a slide as US stockpiles saw sharpest rise since July.
  • Natural gas market: traders anticipated tightening storage and colder weather, with futures rebounding; US natural gas prices rose to over a seven‑month high and futures surged on record LNG export demand; other reports show prices dipping when supply outpaced demand.
  • Energy sector deals: Energy Transfer secured a 20‑year agreement to deliver gas for Entergy Louisiana; Baker Hughes won further contract scope on a $31.8 billion US LNG project; another appraisal scheduled for a major Gulf of America oil discovery.
  • Corporate financials and market items: National Fuel, Energy Transfer, ConocoPhillips, Canadian Natural Resources and other firms reported quarterly results or corporate actions; EchoStar agreed to sell spectrum to SpaceX for $2.6 billion.
  • LA28 launched volunteer program; Datadog forecasted strong Q4 earnings driven by AI security demand.

Regional/NA general

  • Events in the contest to buy Canada’s MEG Energy and other North American energy developments covered.

South America

Brazil

  • President Lula said oil drilling would be incoherent with his environmental leadership, signaling limits on new exploration consistent with climate commitments.
  • Google entered an exclusive deal with a Brazilian startup for Amazon reforestation, making it a top supplier of carbon credits.

Suriname

  • Chevron and Petronas secured shallow‑water offshore blocks as Suriname emerges as a Caribbean oil frontier; Petronas pursuing expansion in Suriname reported alongside Canadian LNG capacity deals.

Oceania

Australia

  • A unit of India’s Adani group signed a deal related to Australia’s Caravel Minerals copper project.
  • New torpedo defence systems and naval procurement news noted (regional defence procurement developments).

Global

  • Global oil market coverage: markets are scrambling to assess the size of the oil glut; oil prices edged higher as oversupply worries eased in some reports while other pieces note weakening amid weak economic data.
  • Climate and energy transition: pieces on the cost of climate change, road to net zero, and global clean industry competition; HYDS and other green hydrogen initiatives progress.
  • Security and defence: Putin ordered plans for nuclear weapons test (geopolitical reaction reporting); a Portuguese Navy interdicted a “narco‑sub” carrying around $30 million in cocaine.
  • Shipping & trade: strong global container volumes push Maersk to lift profit guidance; various fleet updates and commodity trade adjustments reported.
  • Global policy and trade: calls for extension of the WTO e‑commerce tariff moratorium and other multilateral trade items; energy sector analysis and weekly expert coverage (Energy This Week).
  • Markets & commodities: gold rebounded to record highs amid climbing global prices.

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