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

News Desk @ Doha, Toronto, Islamabad & London.

Asia

Pakistan

  • Portal launched for digital investment in govt papers
  • Karachi users face internet, online services disruption
  • Pakistan’s liquid foreign reserves dip to $19.66 billion
  • Beco Steel enters Pakistan’s power sector, secures key supplier role for major projects
  • Pakistan receives $3.4 billion in remittances for October, total inflows hit $12.9 billion in 4MFY2026
  • IESCO imposes Rs13.6 million in fines, arrests 42 in crackdown on electricity theft
  • PMO directs Power Division, AGP to protect Pakistan’s interests in Halmore arbitration case
  • OGRA conducts public hearing to review and revise RLNG prices after court order
  • Industry dismisses government’s claims of circular debt reduction as new tariff hike looms
  • Digital finance to accelerate green transition
  • Privatization Commission Board takes key decisions on privatization of HBFCL, PIACL
  • ECC endorses frameworks for energy sector reforms, phased rationalization of remittance schemes
  • KCCI, FPCCI resolve to work together for revival, stability of economy
  • SBP injects Rs 1.8 trillion in market
  • Weekly inflation down by 0.59 percent
  • Govt committed to empowering SMEs through technology: Haroon Akhtar Khan
  • Gold prices remain unchanged at Rs 423,062 per tola
  • ECC greenlights Mari gas supply plan for fertiliser sector
  • Registrar admits oversight that inadvertently disadvantaged HASCOL in $9.5m Mena Energy case
  • Pakistan, China to expand FTA and boost trade ties
  • FCL targets double-digit export growth, higher lights segment contribution

Bhutan

  • Tata Power completes second tranche of ₹830 crore investment in Bhutan hydro project

China

  • Asia oil floating storage surges as sanctions, tight China quota curb demand
  • China’s gas imports drop in October – LNG Prime
  • China’s copper imports drop in October as high prices curb buying
  • China’s foreign trade shows resilience with steady growth in first 10 months
  • Think tank report highlights China’s economic, social development blueprint for 15th Five-Year Plan period
  • China commissions first aircraft carrier equipped with electromagnetic catapults
  • China’s renewables growth continues as Beijing eyes non-power uses
  • China merger set to create jet fuel super trader
  • China reports current account surplus in first three quarters
  • China’s foreign exchange reserves rise in October
  • 2025 World Internet Conference Wuzhen Summit opens in east China
  • Greater Bay Area builds world-class city cluster through connectivity, innovation
  • A glimpse of giant pandas at Sichuan bases
  • Enterprises from 123 Belt and Road partner countries participate in 8th CIIE
  • Tesla’s Cybercab makes Asia-Pacific debut at 8th CIIE
  • Liaohu Village of China’s Yunnan boasts thousand-year pottery-making tradition
  • Swift, concerted efforts urged to combat climate change ahead of COP30 summit

India

  • Petronet LNG Q2 net profit falls 5% on lower volumes
  • BPCL extends Sanjay Khanna’s additional charge as Chairman and Managing Director
  • India’s natural gas output dips 3.9% in September; LNG imports up 1.2%
  • India’s aviation fuel future — meeting SAF demand, reducing imports, and aligning with net-zero goals
  • Saudi Aramco cuts Asia oil prices, opening window for Indian refiners post-Russia curbs
  • Adani Power quoted tariffs lower than Torrent, JSW to win Bihar’s 2,400 MW Bhagalpur project tender
  • NHPC marks 50 years; ₹50 commemorative coin released by Power minister Manohar Lal
  • BHEL secures ₹6,650 crore order from NTPC for 800 MW Darlipali supercritical power project
  • Trash to power: Bengaluru sends 200 tonnes of segregated waste daily to Bidadi plant
  • NHPC reports nearly 15% jump in Q2 profit to ₹1,219 crore
  • PVUNL’s unit-1 begins operations: A major milestone for Jharkhand’s power infrastructure
  • JSW in talks with Japan, South Korea firms for India battery JV to cut China reliance
  • Maharashtra govt, Singapore’s GSC Group sign ₹8,000 crore deal for 1,500 MW pumped hydro project
  • Vistra Corp projects 2026 adjusted core profit surge to $6.8-$7.6 bn amid growing power demand

Indonesia

  • ADB approves $180 mln loan to support Indonesia’s geothermal projects
  • Indonesia, US to resume tariff talks in Nov

Japan

  • Japan’s Nikkei drops 2% as tech shares track US peers lower
  • Japan to temporarily hike fuel subsidies to smooth tax cut impact

Kazakhstan

  • Sanctions on Lukoil cast doubt over Kazakhstan’s $6bn Kalamkas–Khazar oil project

Middle East

Egypt

  • Egypt, Japan’s Yurtec sign deal for Hurghada solar project
  • ECHEM’s EBIOL inks $135mln financing deal with banking consortium for bioethanol project
  • Bid Round Radar: Egypt’s Red Sea Licensing opens new upstream frontier

Iraq

  • KBR to deliver detailed engineering for Iraq’s AGUP2 project
  • Iraq begins trial runs at major Kirkuk refineries
  • KBR selected for Iraq gas project

Libya

  • Libya announces oil and gas discovery in Ghadames basin
  • Libya’s NOC to use central bank loan to help boost oil output, chairman says

Qatar

  • Qatar will not be delivering LNG to Europe, if sustainability law is not watered down

Saudi Arabia

  • Saudi non-oil private sector sees strong growth as PMI climbs over 60

Syria

  • Syria signs deal for 5GW power projects
  • AD Ports buys into Syria’s Latakia terminal in CMA CGM deal

Turkey

  • Turkish contractor wins Aldar Verdes by Haven project

United Arab Emirates (UAE)

  • ADNOC signs 15-year, 1 million tpy supply deal with Shell
  • ADNOC Distribution outlines growth plans and digital expansion strategy
  • UAE envoy says aid to Gaza will be scaled up, Cyprus is key sea route
  • UAE’s oil trading arm plans rapid global expansion
  • ADNOC partners with Comera Financial Holdings to empower its UAE suppliers, SMEs with smart financing solutions
  • ADIPEC 2025 sets bold agenda for future of global energy, delivers $46bln in cross-sector deals
  • UAE’s Masdar to invest in Austria’s largest hydrogen project
  • ADNOC Drilling to acquire 80% stake in MB Petroleum Services
  • UAE: THREE60 Energy accelerates Mideast growth with acquisition of Total Vision
  • ADNOC announces $14.7bln worth of contract awards to UAE suppliers in H2 2025
  • Digital Dubai to drive AI-powered productivity
  • Fujairah SAF Plant progresses as Emarat signs MOU
  • AD Ports and Nimex to invest $1bn in Abu Dhabi storage hubs
  • Masdar and OMV sign 140MW green hydrogen plant deal

Middle East (regional/general)

  • Middle East emerges as key frontier in global clean industry race – report
  • Hassan Allam-Infinity Power consortium to develop 1.2 GW solar, 720 MWh BESS projects
  • Dana Gas reports $103mln net profit in 9M 2025
  • Empower reports record Q3 revenue of $704.2mln
  • Too big to swallow? Lukoil empire no simple acquisition for Gunvor
  • OIL & GAS market updates and oversupply concerns
  • U.S. pressing Europe to cut Russian gas faster, pledges LNG surge to help Ukraine

Africa

Ethiopia, China cooperation

  • Ethiopia strengthens its role in China–Africa cooperation

Ghana, Kenya, Rwanda

  • Ghana, Rwanda, and Kenya pioneer national AI strategies for inclusive growth

Libya

  • Libya announces oil and gas discovery in Ghadames basin

Mozambique

  • Mozambique unveils proposal for Development Bank to drive inclusive and sustainable growth

Namibia

  • Turning tides: Namibia’s offshore oil could drive 18% of national GDP

South Africa

  • South Africa extends Koeberg Nuclear Power Plant license by 20 years to combat power cuts
  • Merafe extends chrome marketing deal with Glencore

Senegal

  • Petrosen E&P Director General to spotlight Senegal’s upstream growth at MSGBC 2025
  • Senegal launches electrification project in 23 Saint-Louis localities

Regional Africa (general)

  • World Bank mobilizes $60M for Congolese infrastructure development
  • Regional infrastructure projects strengthen SAPP distribution capacity
  • Carbon capture emerges as new revenue opportunity for Caribbean oil & gas

Europe

European Union / Europe (regional)

  • European energy industry urges EU not to cap gas prices
  • EU streamlines SAF project funding with €2.9B available
  • Preventing the next blackout: Lessons for Europe’s grid
  • European snapshot: Boosting jet output and imports for peak demand
  • European buyers sign up for more North American LNG supply

Finland / Global contract

  • Konecranes secures service contract for 200 cranes at Finnish shipyard

France

  • French companies unite on superconducting cable project for distant offshore wind farms

Germany

  • Some Nexperia chip shipments resume as Germany welcomes ‘de-escalation’

Greece

  • Greece’s LNG energy hub ambitions will help EU needs now – but should not shape long-term policy
  • Venture Global boosting Greece’s energy security with long-term LNG supply

Hungary

  • Hungarian refiner MOL says most Russian oil replaceable if Druzhba pipeline dries up

Norway

  • Aker BP, DNO swap Norwegian offshore assets
  • No luck for Aker BP in North Sea prospect

Poland

  • Preliminary seabed surveys completed at Orlen’s Baltic East site offshore Poland

Romania

  • WATCH: NKT Eleonora parts to come together in Tulcea

Russia / Ukraine (Europe-related)

  • Ukraine says it has hit a major Russian oil refinery with long-range drones
  • ‘Hidden mobilization?’: What Russia’s new reservist law could mean for the war in Ukraine
  • Lavrov out of favor with Putin?: Reports force the Kremlin to comment
  • Russia’s economy could slip into recession by year-end, central bank warns
  • EU bans Russians from multi-entry Schengen visas
  • Gunvor pulls $22Bln Lukoil deal after U.S. labels company ‘Kremlin puppet’

Scotland / UK

  • Wreck of WWI armed merchant cruiser located off Scotland
  • ScottishPower will retrain veterans to boost energy workforce
  • OEUK says UK ‘could add thousands of jobs’ with ‘right policies’

North America

Canada

  • Canada’s Enbridge misses third-quarter profit estimates on higher capital costs
  • Enbridge reports strong third quarter results, announces accretive investments and reaffirms 2025 financial guidance
  • LNG Canada begins production at second unit (Train 2)
  • Pembina’s Cedar LNG to supply gas to PETRONAS
  • Pembina and Petronas enter long-term agreement for Cedar LNG capacity
  • Tourmaline inks supply deal with Centrica Energy
  • TC Energy sees strong demand for more pipeline projects in U.S., Alberta
  • Cenovus Energy announces renewal of share buyback program

Mexico

  • Sempra nears launch at Mexico’s Energía Costa Azul LNG terminal

United States

  • WTI drifts higher above $59.50 on weaker US Dollar
  • Natural gas futures edge higher after EIA reports in-line storage build
  • U.S. just set an LNG export record
  • U.S. natural gas futures surge to six-month highs on export demand
  • US LNG producers ink near-record contract volumes, even as fees climb
  • Ineos inks US LNG deal
  • Baker Hughes secures equipment supply order for Rio Grande LNG Train 5
  • Energy Transfer wants buyers for 80% of equity in Lake Charles LNG project before FID
  • Exxon Mobil CEO says hydrocarbons will remain critical for a long time
  • Wall Street futures struggle for traction at end of wobbly week

South America

Brazil

  • Petrobras ramps up production at major oilfield
  • Caught between saving forests and drilling for oil, COP30 puts Lula’s contradictions on display
  • Why Latin America can’t quit oil

Honduras

  • Garífuna lands seized for palm oil ahead of COP30

Oceania

Australia

  • Secret WA government report casts doubt on claims domestic gas will help other countries in energy transition
  • Port of Newcastle taps HPC to drive Clean Energy Precinct project forward
  • Indonesian nationals plead guilty to three illegal fishing offences off Western Australia

Global

  • Oil falls as investors weigh potential supply glut, weak demand
  • Oil heads for second weekly loss on lingering oversupply concerns
  • Palm on track for fourth straight weekly drop
  • Odyssey Marine seeks US offshore lease to boost domestic supply of critical resources
  • Automation and AI in shipping: tools for improving productivity
  • Wattlab to equip world’s largest battery-powered bulker with solar energy system
  • New floating drydock to support General Dynamics NASSCO’s ship construction and repair activities
  • Baltic index hits over three-week high, ends week firmer

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