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

News Desk @ Doha, Toronto, Islamabad & London.

Asia

Pakistan

  • PakistanSindh Government: CM Murad approves Rs25bn to reconstruct Karachi; orders installation of streetlights, drainage system
  • PakistanUS Exim Bank pledges $1.25bn loan for Reko Diq
  • PakistanPPL carries out successful workover operations in Adam West X-1 ST, Hala Block, Sindh
  • PakistanPremium Textile invests $4.15mn in 7.5MW wind turbine
  • PakistanState Bank of Pakistan slows pace of FX purchases in FY26
  • Pakistan’s food import bill jumps 31% in early FY26
  • PSX opens week volatile as KSE-100 slips amid cautious trading
  • Pakistan’s widening current account deficit raises currency concerns
  • Cabinet committee clears new board appointments across major SOEs
  • PM orders removal of Export Development Surcharge, restructuring of TDAP to boost exports
  • Rooftop solar boom to push daytime grid demand below zero in key Pakistani cities next year
  • Decision to lift ban on import, export of gold welcomed
  • Rice valued $581.169 mln exported in four months

China

  • China-Europe freight train service boosts Eurasian trade with shared benefits
  • Explainer: How will China peak coal, oil use in its climate push
  • China, France pledge to strengthen economic, financial cooperation
  • China’s installed power capacity up 17.3 pct by October end
  • China to cut retail prices of gasoline, diesel
  • China to conduct 1-trln-yuan MLF operation on Tuesday
  • China’s supply and marketing cooperatives report strong sales growth from 2021-2025

China, Russia

  • Two more Arctic LNG 2 shipments delivered to China despite sanctions
  • Eastern Pacific makes VLCC comeback with newbuild deal in China

India

  • RBI chief says room for more interest rate cuts in India, timing up to panel
  • Fractal Analytics gets SEBI nod for country’s first AI-focused IPO
  • India bonds gain as RBI support for rupee, dovish remarks calm jittery investors
  • India’s finished steel imports in April-October down 34%, govt data shows
  • Indian benchmark shares decline on profit-taking; IT gains cap losses
  • Russian oil offered to India at deep discount
  • Analysts expect sharp fall, not halt, in India’s Russian crude imports after US sanctions
  • Mangalore Refinery and Petrochemicals buys UAE Murban crude for January as Russian replacement
  • Larsen & Toubro climbs EPC contractor ranking
  • No proposal to hike electricity tariff in J&K: CM Omar Abdullah
  • Noida power upgrade: PVVNL MD meets residents’ welfare associations for infrastructure improvement
  • UPSECC chief joins central energy panel

Indonesia

  • Indonesia plans 7 initial waste-to-energy plants next year
  • Indonesian state-owned fund eyes overseas AI infrastructure opportunities, official says

Malaysia

  • Malaysia predicted to be ASEAN’s second-fastest-growing economy, after Vietnam
  • Malaysia aims to become Southeast Asia’s AI, EV hub

Singapore

  • SingaporeSingapore GasCo talks to LNG suppliers about long-term contracts
  • Singapore sets course for ‘green’ methanol ship fuel supplies
  • Singapore-backed VSIP eyes large urban-industrial complex in southern Vietnam

South Korea

  • South KoreaHMM contracts HD Hyundai for eight 13,400 teu ships
  • South KoreaBW LNG linked to two-ship LNG carrier order at HD Hyundai Samho
  • HD Hyundai and HMM shake hands on $1.46B LNG dual-fuel containership deal

Vietnam

  • Thailand SCG-backed Bien Hoa Packaging plans delisting from HCMC bourse
  • VinSpeed cannot participate in North-South high-speed rail project under PPP model: exec
  • Delivery major Viettel Post plans $21 mln logistics center in central Vietnam
  • State-controlled shipping line Vosco steps up coal trading to seek new revenue drive
  • Vietnam SOEs need tailored mechanisms, greater autonomy to accelerate tech investment, innovation: execs
  • French energy giant plans $500 mln investment in green Vietnam projects
  • Central Retail incurs 6% drop in Jan–Sept revenue from Vietnam
  • Vietnam sets GDP growth target at 10% for 2026
  • Vietnam posts nearly $14 bln trade surplus in 8 months
  • Vietnam’s economy expands 7.85% in 9 months, industrial sector 8.55%
  • Vietnam GDP grows 8.22% in Q3, highest since 2011
  • Vietnam’s 10-month FDI disbursement hits 5-year high
  • Many foreign firms borrow in Vietnam as interest rates lower: MBBank CEO
  • Maersk eyes building major container ports in Vietnam
  • Vingroup to build $334 mln international port in central Vietnam

Middle East

Bahrain

  • Bahrain seeks consultants for Northern link road

Egypt

  • Egypt to drill more than 100 exploratory wells in 2026
  • Egypt’s non-oil exports surge 19% to $40.6bln in M10 2025
  • Dragon Oil announces new well discovery in Egypt
  • Petroleum Ministry, SCA pen deal for LNG fueling station in Port Said

Iraq

  • Wood wins new engineering contract at Iraqi oil field

Kuwait

  • KuwaitKuwait Petroleum Corporation secures $4.87bln syndicated facility
  • L&T lands $140mln Kuwait substation project contract
  • Kuwait invites proposals from prequalified bidders for 500MW solar IPP

Oman

  • Oman showcases green hydrogen ambitions in Sydney

Saudi Arabia

  • Saudi non-oil private sector sees strong growth as PMI climbs over 60
  • Saudi ArabiaSaudi Aramco announces 17 deals with US firms potentially worth over $30bln
  • Saudi Aramco, Japan extend Okinawa crude storage deal
  • Chinese firm signs deal for 4GW Saudi solar project

UAE

  • Abu Dhabi’s NMDC Energy expands into Taiwan, China
  • Abu Dhabi’s IHC interested in Lukoil’s foreign assets
  • Petrofac says UAE projects on track despite layoffs
  • Adnoc Gas says its robust quarterly profit reflects operational efficiencies
  • ENEC, Framatome successfully fabricate fuel assemblies for Barakah Nuclear Energy Plant

Africa

Algeria

  • Chinese firm signs deal for Algerian steel project

Kenya

  • World Bank raises Kenya’s 2025 economic growth forecast to 4.9 pct
  • Kenya signals new infrastructure investment shift

Mozambique

  • ExxonMobil lifts force majeure on 18 Mt/year Rovuma LNG project (Mozambique)
  • Mozambique grants state firms concessions for gas pipeline, terminals

Nigeria

  • Drydocks World transforms oil tanker into FPSO destined for Nigeria’s oil field

South Africa

  • Carney says Ottawa, South Africa launching talks for an investment pact on minerals
  • South Africa, EU sign first clean trade and investment partnership agreement

Europe

Russian Federation

  • Oil prices decline amid anticipation of a possible deal between Ukraine and Russia
  • Russia’s oil and gas revenue may fall in November by 35%, Reuters calculations show
  • Russia sells Arctic LNG 2 LNG at a discount

United Kingdom

  • Community input seen as ‘vital’ piece of UK’s next subsea electricity transmission puzzle

North America

Canada

  • U.S. oil companies, energy investors ‘looking at Canada again’ amid flurry of deals
  • Woodfibre LNG is a blueprint for energy project partnership in 2025
  • Canada’s first large-scale export project sends off another LNG cargo

United States

  • USD/CAD remains below 1.4100 amid renewed expectations of Fed rate cuts
  • North Dakota oil production above forecast; state sets record natural gas production
  • Natural gas price falls to $4.55 as LNG supply surges and global prices diverge
  • Freeport LNG ships 1000th cargo
  • New US sanctions threaten to disrupt India’s Russian crude oil lifeline

Oceania

Australia

  • Australia: A global LNG power facing local shortages
  • Strike at Woodside LNG looms as tribunal approves union vote

Global

  • Global oil prices fluctuate amid hopes for Ukraine peace talks and possible US rate cuts
  • Track natural gas price report: historical and forecast
  • World’s biggest oil tankers more expensive as buyers shift away from Russian crude
  • Oil tanker rates hit record as buyers seek Russia alternatives
  • Diesel doesn’t share crude’s optimism about Ukraine peace plan
  • FREEPORT LNG ships 1000th cargo (global milestone)
  • PacWave deal signals next step for US wave energy
  • Tanker rates hit new high

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