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

News Desk @ Doha, Toronto, Islamabad & London.

Asia

Pakistan

  • Pakistan’s textile firm temporarily shuts spinning unit amid unfavourable market conditions
  • Lotte Chemical Pakistan under new ownership as South Korean parent exits
  • State Bank of Pakistan pushes regional market integration
  • PSX falls 3,668 points amid security fears
  • Pakistan targets $200 million meat exports to Malaysia
  • Car sales jump 32% in October as auto market recovers
  • NEPRA criticizes govt over industrial power tariff proposal
  • Wheat seed delays expose coordination gaps in inter-provincial logistics
  • PPL sees output rise as deferred Qatar RLNG cargoes ease curtailment
  • PIDE calls for urgent tariff reforms to boost exports
  • Sazgar produces 2,575 three-wheelers, 1,242 four-wheelers in October 2025
  • China reaffirms Pakistan as key partner in modernization drive

China

  • China Ratchets Up Efforts to Import Blacklisted Russian LNG
  • China wants to transport Russian LNG despite US sanctions
  • China Is Building a Secret Shadow Fleet to Import Sanctioned Russian LNG
  • China’s power battery sales up 48.9 pct in first 3 quarters
  • China’s government procurement tops 3.3 trln yuan in 2024
  • Experts, policymakers urge G20, African efforts for realizing continent’s key priorities
  • China’s Third-Quarter Oil Demand Rebounds Sharply

India

  • US set to ease tariffs on India as trade talks progress
  • GAIL chief’s dissent note shows rift in PNGRB gas reform panel
  • Chhattisgarh secures ₹33,000 crore investment proposals in energy and industrial sectors
  • JSW Steel may sell 50% in Bhushan Power to JFE
  • Madhya Pradesh discom boosts efficiency with 4.56 lakh smart meters installed
  • UPPCL announces relief scheme for over 1.4 crore electricity bill defaulters
  • India-Russia summit to boost small nuclear reactors, localisation
  • Indian Oil Corp seeks Russian and other oil in tender
  • India’s inflation tanks to record low, boosting December rate-cut hopes
  • India’s retail inflation slows to record low of 0.25% in October
  • Saudi Arabia, Iraq, and Kuwait boost oil exports to India as Russian supplies decline

Japan

  • SoftBank shares slide as Nvidia stake sale highlights AI funding needs
  • NYK to issue new round of transition bonds to support its ambitious decarbonization plan
  • Japan decries Russian retaliation for sanctions it imposed on seaborne crude
  • Fudo Tetra acquires crane vessel with secondary disaster response capability
  • Japan’s Eneos warns on rising costs of developing offshore wind business

Malaysia

  • Eni, Euglena, Petronas start building Malaysia biorefinery

South Korea

  • Scorpio Tankers back in VLCC game with Hanwha Ocean deal
  • South Korea’s H-Line Shipping takes delivery of dual-fuel car carrier

Vietnam

  • HD Hyundai to take over Doosan Vina project in central Vietnam
  • Petrovietnam arm and Germany’s Messer to build $37 mln industrial gas plant in southern Vietnam
  • Vingroup’s VinEnergo expands into power transmission, electricity retail
  • Vietnam, Hong Kong Aircraft Engineering sign deal on aircraft maintenance hub at northern airport

Indonesia

  • Indonesia to end diesel imports by 2026
  • ADB approves $180 mln loan to support Indonesia’s geothermal projects

Regional

  • In spite of sanctions, China imports 14th Arctic LNG 2 cargo

Middle East

Bahrain

  • Bahrain moves Madinat Salman Island deadline

Egypt

  • Egypt Gas’ profits up 24.6% YoY in 9 months
  • Egypt hosts Envision Energy, Benchmark Power leaders to advance green ammonia project
  • Destiny commits $210 mln investment to Egypt’s green hydrogen, ammonia output
  • TAQA Arabia records 40% surge in Q3 revenues
  • Qalaa Holding eyes debt reduction, investment in subsidiaries
  • Hitachi wins Alexandria Raml tram systems deal

Iraq

  • Momentum builds for Iraq pipeline projects
  • Iraq resumes Kurdish oil exports to Türkiye after two-and-a-half-year halt

Kuwait

  • Contractors submit bids for $1.4bn Kuwait oil pipeline

Oman

  • Oman’s Nama PWP signs deal with Sembcorp-OQAE consortium for 125MW Dhofar II wind project
  • Gas bridges Al Duqm’s shift to green hydrogen
  • Omani midstream firm and Vopak sign joint venture deal
  • Omani gas supplier signs deals worth $8.8bn

Qatar

  • Gulf Interconnection Authority plans $3.5 billion investment to become regional electricity export hub
  • ADIPEC 2025 sets bold agenda and delivers $46bn in cross-sector deals
  • Aramco unveils over $1bn MoU agreements during region’s MECC

Saudi Arabia

  • Saudi non-oil private sector sees strong growth as PMI climbs over 60
  • Saudi crude oil price cut is just enough to stay competitive
  • NMDC Energy and Baker Hughes partner to localise offshore solutions in Saudi Arabia
  • Asfar announces opening of new projects in Saudi Arabia
  • Contract award nears for Al-Ula tram works

UAE

  • ADNOC partners with Comera Financial Holdings to empower its UAE suppliers and SMEs with smart financing solutions
  • UAE’s Dana Gas signs pact to explore reviving Syria gas fields
  • ADNOC Gas chief highlights agreement with Shell as a benchmark for large-scale LNG projects

Middle East (Regional)

  • Chinese refiners’ term oil volumes from Saudi Arabia to drop in December
  • OPEC sees balanced oil market in 2026
  • World oil and gas demand could grow until 2050, IEA says

Africa

Pan-Africa / Regional

  • Afreximbank approves $1.3bn financing for Angola fertilizer plant
  • France scales up clean-energy financing in Africa
  • SPE Senegal to host workshop on local content and gas sector development at MSGBC 2025
  • OPEC experts to speak at MSGBC Oil, Gas & Power 2025 in Dakar
  • How Libya’s marginal field auction could reshape upstream growth
  • Ivanhoe Mines expands energy supply at DRC’s Kamoa-Kakula mine
  • Eni and Italy launch two blue economy projects in Mozambique
  • EBRD invests additional $40m in Infinity to support Africa renewables expansion
  • World Bank approves $430m program to advance Tunisia’s energy transition
  • Rhino prolongs Northern Ocean rig’s stay in Namibia
  • BP and Shell yet to clean up; Durban refinery’s toxic legacy persists
  • Africa Tech Festival kicks off in South Africa with focus on inclusive digital future
  • Namibia calls for scaled-up, fair climate financing at COP30

Europe

Germany

  • Hapag-Lloyd’s fleet to be enriched with 14 methanol dual-fuel units

Italy

  • Fincantieri profit up 40% on strong orderbook growth
  • Italy’s A2A lifts investment plan to $27 billion on data centre demand

Romania

  • Romania minister says state must seize control of local Lukoil firm

Russia

  • Russian oil exports stable despite latest sanctions, traders and data show
  • Russia’s LNG exports projected at around 50bn cubic metres by 2035 – IEA (analysis)
  • Downtrend for Russia’s seaborne grain exports continues in October
  • Russian Urals crude differentials and exports hold steady
  • UK move blocks use of marine services for Russian gas exports

Switzerland

  • MSC’s secondhand fleet frenzy hits 461 ships

United Kingdom

  • Ocean Infinity to perform geotechnical survey for UK’s fifth subsea electricity superhighway
  • EU launches first hydrogen mechanism call to link suppliers and buyers
  • Britain to ban maritime services like shipping and insurance for Russian LNG exports starting early 2026, aligning with EU sanctions to disrupt Russia’s revenue streams

Spain

  • Spain’s Russian LNG imports dropped significantly in October

North America

Canada

  • Baytex to divest U.S. Eagle Ford assets to advance higher-return Canadian core portfolio
  • InPlay Oil announces Q3 2025 results, raises production guidance and reduces capital spending
  • Pembina exec says oilpatch consolidation could be good news for bottom line

United States

  • Oil prices fall as oversupply concerns overshadow US government reopening
  • Trump administration planning to allow oil and gas drilling off California coast
  • US natgas prices rise to 8-month high
  • Williams Companies gets permits for Northeast Supply Enhancement Pipeline
  • Venture Global inks 20-year LNG deal with Mitsui
  • Shell challenges arbitration decision on Venture Global LNG supply contracts

South America

Argentina

  • YPF confirms ENI and ADNOC will buy 75% of Argentine LNG project
  • Marín confirms Argentina LNG project progress

Brazil

  • 8th FPSO starts making its way to Petrobras’ largest producing field
  • Equinor closes stake sale of international portfolio in Brazil

Guyana

  • TotalEnergies gets new PSC offshore Guyana
  • TotalEnergies, QatarEnergy, Petronas agree JV for a large Guyana offshore block

Oceania

Australia

  • Investors return to natural gas as market fundamentals strengthen
  • Woodside’s Browse gas project deemed risky and redundant, with costs potentially 60% higher than Qatar’s LNG, making it uncompetitive domestically or internationally, report says

Global

  • Bulker values edge higher as buying interest firms
  • Global oil demand could peak around 2030, IEA
  • Surging costs making offshore wind project unviable, Eneos warns
  • World Energy Outlook highlights concerns over new LNG supply
  • LNG carrier market share, demand insights and technology trends forecast to 2035
  • Protesters force way into COP30 summit venue; calls for stronger South-South cooperation
  • Construction begins on new emergency response tugs for Turkish coastal safety directorate

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