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

News Desk @ Doha, Toronto, Islamabad & London.

Asia

Pakistan

  • Sales tax collections jump 32% in FY 2024-25, led by 15 major sectors
  • Airlines in Pakistan face widespread flight delays and cancellations
  • Pakistan targets $200m meat export to Malaysia
  • Private sector borrowing surges Rs806 billion in late October
  • Ghani Chemical sells 50,000 shares in associated company Ghani ChemWorld
  • Industry bodies urge govt to revisit power package and tariff structure
  • Export of sport goods increases 19.19% to $110.953m
  • Arrangements for upcoming meeting between PM and top 20 CEOs reviewed
  • Aramco Opens 50th Retail Station, Supporting Jobs and Local Economy
  • Pakistan engages in trade and business forums with Uzbekistan and Malaysia

Brunei

  • Petronas, Mitsubishi green-light Brunei’s first deepwater gas scheme

China

  • China could crash the price of oil
  • Chinese shipbuilder signs deals for four VLCCs valued at $400-$600m
  • China urges EU to provide fair, transparent, non-discriminatory business environment for Chinese companies
  • China-aided freeway officially opens in Namibia, boosting regional connectivity
  • China’s NEV output, sales surge in first 10 months of 2025
  • Chinese vice premier calls for enhanced cooperation with Norway

India

  • India’s revived yard lands $220m Norwegian chemical tanker deal
  • Indradhanush Gas Grid commences natural gas supply to Numaligarh Refinery
  • India cuts December imports of Russian crude amid US trade talks and sanctions pressure
  • Saudi Arabia, Iraq allocate full-term crude volumes to Indian refiners in December
  • State-run oil firms scale down ship requirement to 59
  • JSW Energy commissions first green hydrogen plant in Karnataka under PLI scheme
  • ONGC Q2 net profit rises 28.2% to ₹12,615 crore; announces ₹6 interim dividend
  • Tata Power, Torrent Power report quarterly profits
  • Punjab and Uttar Pradesh update electricity connection rules and processes
  • Socomec plans another factory in India with $10m investment
  • Petronet LNG grants 15-month extension to MD & CEO
  • India bonds fall as US-India trade pact expectations weigh on rate cut bets

Indonesia

  • Onstream Blok Kasuri delayed to 2027; PLN negotiates LNG purchases
  • Indonesia to end diesel imports by 2026
  • ADB approves $180m loan to support Indonesia’s geothermal projects

Japan

  • MOL’s newest LNG dual-fuel 210,000 dwt bulker christened and delivered
  • Nam Long sells 15% stake in southern Vietnam project developer to Japan’s Tokyu

Malaysia

  • Petronas gets Malaysia’s first offshore CCS assessment permit
  • Eni, Petronas break ground on delayed Malaysia biorefinery
  • Exports to CPTPP, RCEP countries rise despite uncertain global trade conditions
  • Bintulu Port handles over 80% of Sarawak’s import/export trade

Nepal

  • HKH region poised for renewable energy boom, yet only 6% harnessed: ICIMOD report

South Korea

  • Scorpio Tankers back in VLCC game with Hanwha Ocean deal
  • Hyundai Motor signs MoU to advance hydrogen port development in Pyeongtaek
  • Details over nuclear submarine stall US-South Korea deal

Vietnam

  • Export logistics bottleneck and VAT refund delays irk Korean firms in Vietnam
  • FTSE Russell lists 28 Vietnamese stocks eligible for emerging-market index inclusion
  • Vingroup, VNPT, VinEnergo and other corporates expand into power, data centers and urban projects
  • Vietnam’s economy shows strong growth: Q3 GDP growth highest since 2011; 10-month FDI disbursement hits 5-year high
  • Central provinces plan major renewable and urban projects

Middle East

Bahrain

  • Bapco Energies eyes LNG contracts through 2028

Egypt

  • Egypt and Germany sign debt swap agreement to boost energy projects
  • EGPC follows up on Petrobakr operations and sustainability plans
  • Middle Eastern oil producers boost crude supplies to India
  • Egypt and Chinese Envision Energy to establish green ammonia plant in Suez
  • MOPCO to invest up to $250m in capacity expansion
  • Egypt and Greece discuss joint energy projects and gas exports to Europe

Iraq

  • Sanctions on Rosneft could disrupt pipeline exports from Iraq
  • Lukoil declares force majeure at an Iraqi oil field
  • Iraq kicks off parliamentary elections

Jordan

  • Jordan’s $6bn water project nears financial close

Kuwait

  • Kuwait’s KPC seeks more prompt gasoline supplies
  • KNPC plans to increase gas production to meet demand
  • Kuwait’s CAPT approves power plant tenders
  • Action Energy signs deals for regional expansion

Oman

  • PDO solicits interest for Rabab Harweel field engineering
  • Energy Development Oman and Sumitomo form joint venture
  • Oman LNG and Baker Hughes sign digitalisation agreement
  • Oxy Oman’s CO₂ EOR pilot sets path for low-carbon oil production

Qatar

  • Qatar to divert 24 LNG cargoes in 2026 amid declining demand in Pakistan
  • QatarEnergy enters into 20-year urea supply agreement with Mitsui

Saudi Arabia

  • Saudi crude oil price cut seen as competitive move amid market pressure
  • Saudi Arabia, Iraq, Kuwait increase supplies to India in December
  • Saudi non-oil private sector sees strong growth as PMI climbs over 60
  • Shamal Holding and other regional projects announced; Shuqaiq 4 desalination plant construction completed

United Arab Emirates (UAE)

  • ADNOC L&S Q3 net profit up 17% on strong revenue growth; nine-month net profit rises to $631m
  • ADNOC partners with Comera Financial Holdings to empower UAE suppliers and SMEs
  • ADNOC Drilling to acquire 80% stake in MB Petroleum Services
  • ADNOC, Masdar and XRG to develop sustainable energy projects supporting Microsoft data centres
  • ADIPEC 2025 delivers $46bn in cross-sector deals

Africa

Ghana

  • Ghana’s IMF programme gains momentum as the economy stabilises

Guinea

  • Guinea’s SOGUIPAH secures $3m from BIG bank to revitalize palm oil sector

Libya

  • Saipem awards €8.5m contract to NextGeo for offshore Libya work

Mauritania

  • Mauritania projects 5.1% economic growth in 2026

Mozambique

  • ExxonMobil says Mozambique LNG project to advance ‘quickly’ after force majeure lifted

Nigeria

  • Nigeria’s first methanol and ammonium bicarbonate plant opens, advancing gas industrialisation

Senegal / MSGBC region

  • GNPC and Petrosen leaders join MSGBC 2025 as nations seek new upstream partners

Africa

  • Africa’s renewable energy boom takes centre stage at G20
  • FEDA invests $75m in African e-mobility company Spiro
  • Vedanta unveils new subsidiary for Zambia’s KCM expansion
  • Majors and Eni lead West Africa offshore exploration activity

Europe

Finland

  • New subsea cable layer to sport automation system from Finnish company

France

  • Electric ferries to serve commuter routes on France’s Saone River

Germany

  • Uniper posts $52b nine-month sales revenue
  • Google to invest around $6.4b in cloud infrastructure in Germany

Greece

  • Vafias orders six tankers at HD Hyundai yards
  • AKTOR and DEPA sign LNG-related long-term deals

Italy

  • Saipem awards €8.5m contract for Libya offshore work (Italian contractor coverage)

Norway

  • DNV approves Hycamite’s tech for onboard hydrogen production from LNG
  • Svitzer acquires stake in Norwegian maritime services company

Portugal

  • Microsoft plans to invest $10b in Portuguese AI data hub

Russia

  • New shipyard opens in Nizhny Novgorod region
  • Ulyanovsk region imposes first permanent mobile internet blackout
  • Oversupply fears outweigh Russian supply threat; oil prices dip

Spain

  • Venture Global lands 20-year LNG deal with Spain’s Naturgy

Switzerland

  • Swiss could clinch deal for lower US tariffs imminently, sources say

North America

Canada

  • CSV Midstream Solutions brings Albright plant online, updating Canada’s midstream infrastructure
  • Pembina exec says oilpatch consolidation could benefit margins
  • Discount on Western Canada Select widens
  • LNG Canada project shifts public opinion on energy; report warns of more tankers to BC coast

Mexico

  • Three dead, dozens injured in Mexico City gas tanker explosion

United States

  • U.S. energy secretary says biggest use of loan office will be for nuclear power plants
  • Natural gas prices hold above $4.40 as U.S. feed gas hits record levels
  • Venture Global reports record LNG exports and new supply deals
  • U.S. Navy exercises options for two more replenishment oilers for $1.7b
  • Senate passes deal to end U.S. shutdown

Oceania

Australia

  • Live animal export controversies continue amid seafarer welfare coverage
  • Analysis: Global oil price war escalates; market dynamics and producer strategies

Global

  • Splash launches special Seafarers magazine
  • Oil prices react to sanctions risk and oversupply worries
  • Big Oil earnings season shows lower profits but steady operations
  • Wan Hai Lines posts $660m nine-month profit
  • Equinor drills dry well in Snorre area of the North Sea
  • Generative AI implementation in the energy sector
  • Royal Thai Navy and other navies update procurement and coastal frameworks
  • Russia’s LNG ‘shadow fleet’ stalls as winter nears
  • Ukraine claims fresh strike on Saratov refinery

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