Asia
Pakistan
- Pakistan – Lotte Chemical sells 75% stake in Pakistani subsidiary for $69 million
- Government raises Rs 492.9 billion from treasury bill auction
- PIA board approves special allowance for engineering staff ahead of privatisation push
- Pakistan – IMF to disburse $1.2 billion to Pakistan after board approval
- SBP foreign exchange reserves rise to $14.52 billion
- Pakistan and France join hands to explore opportunities in minerals
- Gwadar’s Pak-China hospital to get a dedicated 2MW electricity line
- PPL secures provisional rights to eight offshore hydrocarbon blocks
- Government forms committee to identify sites for new deep-sea ports
- Pakistan embraces data and AI for inclusive growth and youth-led innovation
- Pakistan adopts climate-smart planning to ensure sustainable, resilient growth
China
- China urges the G7 to stop interfering in its internal affairs: FM spokesperson
- China to facilitate entry of more quality goods and services: commerce ministry
- Chinese firms’ confidence in the EU at six-year low: report
- China to lead global polypropylene capacity additions through 2030
- China ramps efforts to import sanctioned Russian LNG amid reports of covert logistics
India
- India’s power demand slips 5.2% in October amid unseasonal rains
- ReNew to invest $9.33 billion in green energy projects in a southern state
- LG Electronics India posts drop in second-quarter profit
- Deutsche Bank’s DWS to buy 40% stake in Nippon Life India unit
- India bonds dip on caution ahead of weekly debt supply
- Palm closes slightly higher despite rising output and India demand concerns
- Domino’s India operator posts quarterly profit spike as demand stays upbeat
- NTPC starts site search in 16 states for new nuclear power plants
- Panel backs fair pricing and trading of unused capacity at LNG terminals
- BPCL renews deal with Iraq to buy up to 70,000 BPD oil in 2026
Indonesia
- Pertamina joins Petronas in ultra-deepwater asset off Indonesia
- Indonesia targets $1 billion in carbon trade at COP30
- Indonesia’s record rice output eases global prices
Malaysia
- Malaysia and China sign new protocol on edible bird’s nest export
- Moratorium on raw REE export aimed at supporting midstream industry development
- Increasing natural rubber production can reduce import dependency, saving RM4 billion
- Mohd Juwaidi ends 10-year medal drought with Asian Archery bronze in compound event
Singapore
- Fuel oil stockpiles swell to a nine-week high in the Singapore hub
- Singapore-backed VSIP proposes industrial park development in Vietnam’s Khanh Hoa province
South Korea
- Amogy and SHI strike a multi-year deal for ammonia-to-power systems manufacturing
Thailand
- Thai rice markets face low demand and ample supply
- Thailand approves $3.1 billion in data center investments
Vietnam
- Damen Shipyards and Vietnam’s Xuan Thien partner on green shipbuilding
- Vietnam likely to lift power offtake guarantee for LNG-to-power projects to 75% for up to 15 years
- HD Hyundai to take over Doosan Vina project in central Vietnam
- Petrovietnam arm and Germany’s Messer to build a $37 million industrial gas plant
- Vingroup’s VinEnergo expands into power transmission and electricity retail
- Vietnam targets first chip fab by 2026
- Central provinces seek investors for large renewables projects
- FDI disbursement hits a five-year high
Middle East
Egypt
- Egypt extends Suez Gulf and Nile delta concession with Italy’s Eni until 2040
- Egypt hosts Envision Energy and Benchmark Power leaders to advance a green ammonia project at El Nasr Fertilizers
- Egypt signs deal for power link studies with Europe
- Singapore’s Destiny Energy to invest $210 million in Egypt to produce 100,000 tonnes of green ammonia annually
- Egypt and India discuss cooperation in petrochemicals and mining
- Dana Gas signs an MoU with Syria’s SPC to redevelop natural gas fields
Kuwait
- Kuwait Petroleum Corporation moves forward with major oil sector mergers
Oman
- Oman’s Asyad gears up for hydrogen logistics, green bunkering and tighter climate rules
- Nama PWP signs deal with Sembcorp-OQAE consortium for a 125MW Dhofar II wind project
- Gas bridges Al Duqm’s shift to green hydrogen
Saudi Arabia
- Saudi non-oil private sector sees strong growth as PMI climbs over 60
- Contractors prepare bids for Aramco gas compression project
- Utility costs help Saudi Arabia’s annual inflation rate reach 2.2% in October: GASTAT
Syria
- Dana Gas eyes Syria and signs a deal with the Syrian Petroleum Company
UAE
- Adnoc Gas capex budget to rise to $28 billion by 2029
- Adnoc Gas delivers record Q3 profit on domestic business boost
- Empower begins Deira Waterfront cooling operations
- Aldar acquires $155 million of industrial assets from AD Ports
- ADNOC Distribution integrates AI to drive growth and efficiency
Regional
- Gulf Interconnection Authority plans $3.5 billion investment to become a regional electricity export hub
- Most Gulf markets ease on oil and earnings; oil prices react to inventory and forecast shifts
- OPEC expects a balanced oil market in 2026
- IEA flags global oil supply growth driving a larger market glut
Africa
Ethiopia
- Ethiopia begins duty-free trade under AfCFTA with 24 African nations
Guinea
- Simandou opens, reshaping capesize trades
Libya
- Libya’s oil corruption presents risks to international energy firms
Mozambique
- Force majeure on ONGC Mozambique project lifted
- TotalEnergies’ Mozambique gas project raises local tensions and insurgency fears
South Africa
- Discovery partners with Luno to offer the first bank app crypto trading in South Africa
Tunisia
- World Bank approves $430 million Tunisia power upgrade
Regional
- Commodity boom strengthens growth outlook for Africa’s mining markets
- Blaze Minerals starts drilling at Congo’s Loulombo mine
- MSGBC conferences to spotlight regional energy hubs and future-proofing
- Saipem awards €8.5M contract to NextGeo for a Libya gas project
- Nigeria: Reps probe oil firms over non-release of 3% annual operating surplus
Europe
France
- France’s Audacia launches €150M fund dedicated to next-gen fuels
- MSC Cruises and Chantiers de l’Atlantique agree on a €3.5B deal for new LNG-fueled ships
- Franco-German maritime relations strengthened as CMA CGM takes stake in EUROGATE Hamburg terminal
Germany
- Hapag-Lloyd targets 22 new ships in a fleet renewal drive
- Budget committee to fine-tune Germany’s 2026 budget
- Germany signals green light to exit the Yamal LNG deal under the EU’s 19th sanctions package
Norway
- DeepOcean secures Equinor subsea deals; Vår Energi hits appraisal success in the Barents Sea
UK & Scotland
- Scotland revives its first commercial wind farm with 79 MW capacity
- UK selects North Wales as the site for its first mini nuclear power station
- UK to ban shipping and insurance services for Russian LNG exports by 2026
Spain
- Spanish firm acquires what it calls ‘Europe’s largest’ floating solar plant
EU
- EU lawmakers back further weakening of a sustainability law
Russia
- Lukoil remains under sanctions pressure as foreign assets attract buyers
- Almost a third of Russian seaborne oil export potential stuck in tankers, says JPMorgan
- IEA projects significant growth in Russia’s LNG exports by 2035
North America
Canada
- Cenovus completes MEG acquisition, adding 110,000 bopd of oil sands output
- Discount on Western Canada Select narrows
- Major projects lists updated to include nickel, hydroelectric and LNG projects
United States
- Tape Ark secures a multi-million dollar oil and gas AI enablement deal
- Chevron warns oil prices may face more pressure than LNG next year
- Occidental beats Q3 profit estimates on higher production
- EIA raises oil price forecasts but still sees a drop in 2026
- Natural gas prices ease from an eight-month high amid mixed weather forecasts
- Alaska LNG pipeline project transitions to private control and secures key technology partnerships
- Disney christens its newest LNG-powered cruise unit
- Trump signs bill ending the 43-day government shutdown
Regional
- USA – Venture Global inks a 20-year LNG supply deal with Japan’s Mitsui
South America
Brazil
- Equinor transfers Peregrino operatorship to a Brazilian partner
- COP30 opens in Brazil with calls for global unity to tackle the climate crisis
Guyana
- Chevron expects upside to current estimated oil resources in Guyana
- Daily oil production hits 900,000 barrels in Guyana’s Stabroek block
Oceania
Australia
- Australian firm secures milestone payment under a EuropeWave contract
- Inpex expects lower LNG exports from Ichthys this year
- AUKUS base planning links to subsea cables for major military AI boost
Global
- Oil prices fall as OPEC says 2026 supply to match demand
- IEA forecasts a global oil market surplus in 2026 and flags larger supply growth
- LNG development could double global supply by 2030; prices expected to drop in 2026
- Renewable energy meets incremental global power demand
- Xinhua releases a research report urging a new global leadership model to tackle crises and promote shared prosperity
- Notable shipping, renewables and maritime tech project updates worldwide
