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

News Desk @ Doha, Toronto, Islamabad & London.

Asia

Pakistan

  • PM Shehbaz eliminates 0.25pc export surcharge
  • Wholesale, retail sugar prices hit record levels despite ample stocks
  • Pakistan sees 18% rise in mobile phone imports in 2025
  • OGDCL receives Rs 7.7 billion installment under circular debt settlement plan
  • NexGen Auto’s EV plant begins production ahead of schedule
  • FCCL, KAPCO seek 90-day extension for Attock Cement acquisition offer
  • OGDC reassures investors on Reko Diq project amid Barrick Gold restructuring rumours
  • Shell & TotalEnergies’ exit reshapes Pakistan’s fuel retail landscape
  • OGRA approves up to 7% increase in gas prices to meet Rs886bn revenue requirement
  • Pakistan-Bangladesh direct flights likely to start next month: Iqbal Hussain
  • FESCO starts annual maintenance drive
  • PSX stays bullish, loses 291 points
  • Rupee gains 04 paisa against US Dollar
  • POL imports up by 0.68 percent to $5.149 bln in 4 months
  • Customs seizes non-custom paid vehicles worth Rs 81 mln
  • Soya bean, palm oil imports grew by 12.99% and 29.37% in four months
  • SBP Slows Pace of FX Purchases in FY26
  • Barrick committed to Pakistan’s Reko Diq copper project, says interim CEO
  • Premium Textile moves ahead with 7.5MW wind power plan
  • PPL executes successful workover operations in Adam West X-1 ST well
  • Govt acts to facilitate exporters, promises five-year EDF audit
  • Jinhui continues to trim older tonnage with $10.3m supramax disposal

China

  • China’s LNG Imports Fall for 13th Straight Month as Domestic Output Surges
  • China diversifies supply with first Guyana crude shipment
  • China issues nearly 2.5 billion green electricity certificates in January-October
  • China aviation: October int’l passenger, cargo volumes surge 20 pct
  • China-Europe freight train turns inland furniture hub into global trade player
  • China’s rural small, medium-sized banks see steady expansion
  • Chinese firms expand oil and gas presence

India

  • India’s Russian oil binge to end in December as sanctions bite
  • India’s $1 trillion by 2040 petrochemicals dream hinges on fixing specialty chemicals supply chain
  • PSU oil companies utilise 54% of FY26 capex target
  • Power Ministry convenes taskforce to review strategy and architecture drafts for India Energy Stack
  • Tata Motors sees low-cost tech powering India’s EV boom; says EVs to cost as much as petrol cars by 2030
  • Hindustan Power wins SECI project requiring 300 MWp solar and 300 MWh storage
  • Canada nears $2.8 billion uranium supply deal with India: report
  • BlackRock arm buys stake worth ₹73 crore in TD Power Systems
  • Kerala power tariff hike likely as govt lifts surcharge cap
  • Rajasthan gets lowest tariff for battery storage
  • Telangana to merge 27 urban local bodies with GHMC, approves underground power cables

Indonesia

  • SK Earthon gets stake in Indonesian Ketapang oil block
  • Indonesia plans 7 initial waste-to-energy plants next year

Japan

  • Japan’s Shinnihonkai Ferry welcomes new large Ro-Pax to fleet
  • Panasonic’s energy unit to supply auto batteries to Amazon’s Zoox from 2026

Malaysia

  • MISC Orders LNG Dual-Fuel Suezmax Pair in Fleet Renewal Drive
  • Malaysia’s MISC reports lower LNG earnings in Q3
  • Malaysia predicted to be ASEAN’s second-fastest-growing economy, after Vietnam
  • Malaysia aims to become Southeast Asia’s AI, EV hub

Singapore

  • GasCo to invite offers for Singapore LNG supply from 2028
  • Singapore-backed VSIP eyes large urban-industrial complex in southern Vietnam

Thailand

  • Thailand SCG-backed Bien Hoa Packaging plans delisting from HCMC bourse

Timor-Leste

  • Woodside, Timor-Leste a step closer on LNG project

Vietnam

  • Vietnam gov’t proposes minimum $379 mln charter capital for offshore wind developers
  • Petrovietnam arm to venture into CO2 transportation, seabed minerals, geothermal
  • Vingroup plans $38 mln bond issuance to restructure debt
  • MB successfully closes landmark $500 mln inaugural green term loan facility agreement
  • Impact of rising exchange rates in Vietnam
  • 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
  • Young leadership mindset drives SHB bank’s next growth phase: exec
  • IFC, Vietnam’s EVNNPT discuss investment in power transmission projects
  • Vingroup to build $334 mln international port in central Vietnam
  • Germany looks to Vietnam’s largest tungsten mine for critical mineral supply diversification
  • Thai firm opens 20,000-sqm shopping center in central Vietnam hub
  • Convicted Vietnamese tycoon seeks to resume long-delayed $256 mln urban project in HCMC

Middle East

Bahrain

  • Stc Bahrain and Huawei join forces to empower digital transformation for businesses
  • Bahrain extends deadline for Hawar Island water station

Egypt

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

Iraq

  • Iraq eyes new West Qurna 2 partner
  • Key Iraq oil pipeline report progresses
  • Wood wins new engineering contract at Iraqi oil field

Kuwait

  • Kuwait 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 Aramco announces 17 deals with US firms potentially worth over $30bln
  • Saudi non-oil private sector sees strong growth as PMI climbs over 60
  • Rua Al-Haram signs King Salman Gate project agreements
  • Chinese firm signs 2GW deal for Saudi solar project
  • UK firm wins Saudi airport masterplan update deal

Syria

  • Chinese contractor signs Syria concrete plant deal

United Arab Emirates (UAE)

  • Abu Dhabi’s NMDC Energy expands into Taiwan, China
  • Abu Dhabi’s IHC interested in Lukoil’s foreign assets
  • Adnoc’s $150bn five-year spend is ‘big commitment’ to support UAE gas ambitions
  • ADJD launches region’s first automatic ‘Power of Attorney’ issuance service
  • Adnoc Gas seeks commercial bids for Habshan 7 project
  • Abu Dhabi advances fuel plan for Barakah nuclear plant
  • Dubai approves 20% increase in infrastructure spending

Middle East (Regional / Other)

  • Mideast Stocks: Major Gulf markets ease on softer oil prices
  • Mideast Stocks: Most Gulf markets gain on Fed rate cut bets, oil weighs
  • Transforming Asset Integrity: The Rise of Robotic Inspection Solutions in the Middle East
  • ENEC, Framatome successfully fabricate fuel assemblies for Barakah Nuclear Energy Plant
  • South Africa’s energy market opens up – Why large users need to act now?

Africa

Libya

  • Libya pushes back oil exploration awards until 2026

Mozambique

  • Mozambique awards 30-year concession to state companies for LNG facilities

Nigeria

  • Shell signs off on new upstream development supplying Nigeria LNG

Somalia

  • TGS prolongs geophysical data mission for Somalia’s offshore hydrocarbon basins

Africa (Regional / Other)

  • European Investment Bank pledges over $2.3bln for African renewables projects

Europe

Germany

  • NKT widens production capacity at its cable accessories factory in Germany

Italy

  • Italy’s Milan-Montalto subsea cable link’s authorization on the cards in mid-2026

Netherlands

  • ENGINE on LNG Bunker Snapshot: Rotterdam’s price drops as its bunker delivery premium weakens
  • Engineering firm to supply subsystems for future Dutch submarines

Norway

  • Vår Energi enlists Norwegian firm to support its oil & gas drilling and subsurface activities

Russia

  • Ukraine hits Russian Black Sea oil infrastructure again
  • Russia sees scope for oil exports boost to China, urges cooperation in LNG
  • Russia Warns an Oil Shortage Is Looming Due to Underinvestment
  • Russia’s oil and gas revenue may fall in November by 35%, Reuters calculations show
  • Russian Owners Given 50 Days to Exit Serbian Refiner NIS

Serbia

  • Russian Owners Given 50 Days to Exit Serbian Refiner NIS

UK

  • UK’s FSS programme passes critical design review, clearing way for construction
  • DeepOcean winding down North Sea FPSO disconnection gig for TotalEnergies

Europe (Regional / Other)

  • Towards a buyer’s market: How can the coming LNG wave benefit Central and Eastern Europe?
  • Total’s Pan-European Power Deal Reinforces Gas Power Shift
  • What Price Will USA NatGas Average This Winter?

North America

Canada

  • Canada nears $2.8 billion uranium supply deal with India: report
  • Gibson Energy to Host Investor Day on December 2, 2025
  • Canada’s First Step to Becoming a Global Energy Power: Finding Common Ground
  • The Montney Proppant Production Connection

United States

  • Aramco Makes 17 Deals with ‘Major’ USA Cos Worth $30B+
  • NextDecade initiates Rio Grande Train 6 pre-filing process with FERC
  • Freeport LNG ships 1000th cargo
  • LNG shipping rates surge to two-year high as North American exports hit record
  • FERC grants five-year extension to Sempra’s Cameron LNG project in Louisiana

North America (Other / Regional)

  • US Surges Ahead While EU Falters in Critical Minerals Race
  • US senators say Trump has failed to prevent Russian LNG from helping fund war in Ukraine

South America

Brazil

  • Brazil expands oil and gas areas available for bidding

Guyana

  • TotalEnergies, Petronas, and QatarEnergy set their cap on hydrocarbon exploration off Guyana

Oceania

Australia

  • How can Australia convince the world to give up fossil fuels if Anthony Albanese is contradicting himself on gas expansion?
  • Australian superannuation funds invest $110m in refiner using Russian-sourced oil

Global

  • International Gas Union Calls for Clarity on the Role of Market Instruments for Renewable Gases
  • Explosive LNG Demand Reshaping Global Markets as U.S. Feed Gas Forecast to Double by 2030
  • Natural Gas and Oil Forecast: Sellers Pressure Crude While Natural Gas Signals Strength
  • Energy Markets Hold Steady As Oil Inches Up, Gas Drops
  • Diana Shipping proposes buyout of Genco Shipping and Trading
  • Eni acquires stake in Nigerian offshore block from TotalEnergies
  • Integrated Wind Solutions posts record Q3 profit as fleet expands
  • Oil prices steady as 2026 supply surplus looms
  • Crude oil prices could fall into the $30s by FY27-end, says JP Morgan

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