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

News Desk @ Doha, Toronto, Islamabad & London.

Asia

China

  • China Shale Oil Output Outlook Improving
  • China-Laos Railway boosts regional tourism and trade connectivity
  • China’s service trade rises 7.5% in first 10 months
  • CNOOC Ltd starts production at a South China Sea asset
  • New oilfield development project comes online offshore China
  • Alpha Bulkers signs for 11 containerships in China
  • Chinese yard aims to complete Shell platform job in January

India

  • Arun Singh gets one-year extension as ONGC chief
  • India’s clean energy firms seek better weather data as rules tighten
  • JSW Steel to move Bhushan Power’s steel business to JV with JFE Steel
  • Indian shares extend losses on trade deal jitters; rupee at record low
  • Indian rupee falls past 90 per dollar on trade worries
  • Nayara doubles fuel exports in Nov, turns to new markets
  • Apraava Energy secures ₹801 crore from BII and Standard Chartered for smart meter rollout
  • Andhra CM orders 1,000 EV buses, 5,000 charging stations
  • Maruti Suzuki unveils 100,000-charging-point roadmap for EV expansion during e‑Vitara launch
  • Energy to be a prominent theme during Putin’s visit to India
  • Plans revealed for Russia-India business forum during Putin visit

Kazakhstan

  • Why Kazakhstan’s oil wealth remains largely untapped
  • Kazakhstan plans to increase oil supplies to BTC pipeline by 30% in December, sources say

Kyrgyzstan

  • Kyrgyz President due today: MoU on energy cooperation to be signed

Malaysia

  • BNM draws up plan to reduce shareholding in Paynet — MOF

Pakistan

  • KSE-100 drops steeply as bears take control of the market
  • Pakistan’s external debt-to-GDP ratio drops to 26% in FY25
  • PM Shehbaz emphasises ‘revolutionary’ National Tariff Policy to enhance global competitiveness
  • USF approves Rs13bn projects for rural connectivity
  • Pakistan and Turkiye ink $300M energy and mining deals
  • Ahsan Iqbal pushes for Central Asia ties at CAREC forum in Urumqi
  • Govt studies NTC reform plan as weak trade-remedy enforcement comes under scrutiny
  • Govt to air PIA bidding live as privatisation enters final stretch
  • SSGC gas supplies plunge 55% in eight years due to indigenous depletion
  • Chinese firm explores EV assembly investment in Pakistan’s SEZs under CPEC
  • Punjab prioritises modern, low-emission power systems as minister visits 1,263MW PTPL plant
  • Turkish delegation eyes major new ventures in Pakistan’s oil, gas and mining sectors
  • How transparency can sustain production
  • Finding customers for DISCOs
  • Women’s financial inclusion expands to 52%, gender gap shrinks to 30%: SBP Governor
  • NA body stresses stronger parliamentary oversight in review of key financial laws and IMF commitments
  • FCCI welcomes abolishment of EDS
  • PDWP approves development projects worth Rs. 16.2b
  • PSX loses 1,496.93 points
  • Rupee gains 1 paisa against US dollar
  • Services exports increase by 15.95% to $3.034 bln
  • Gold price drops by Rs1,000 per tola; silver edges up
  • Customs foils mis-declaration attempt, prevents Rs167 mln revenue losses
  • SECP Commissioner visits NDU President, discusses Pakistan’s strategic economic transition
  • Pakistan calls for deeper economic integration in 4th D-8 Trade Ministers Council
  • OGDC secures stakes in one offshore and two onshore exploration blocks
  • Turkish investors show interest in Pakistan’s DISCOs privatization
  • Pakistan pushes for stronger economic cooperation at D-8 summit
  • CCP clears Maple Leaf’s bid for bigger stake in Pioneer Cement
  • Pakistan’s business confidence hits 22%, services sector leads growth
  • Winning doubles down on large bauxite carriers with six more newbuilds
  • Dong Fang Offshore locks in CLV newbuild

Singapore

  • Nebius leverages Microsoft and Meta contracts for AI expansion

Thailand

  • Changan unveils full new energy lineup at Thailand International Motor Expo 2025

Vietnam

  • Vietnam approves expanded list of strategic energy projects to meet rising power demand
  • Vietnam’s livestock major GreenFeed posts $65 mln H1 profit, outpacing rivals
  • Profit of Samsung’s four major Vietnam factories up 4.5% in Jan–Sept
  • Foxconn aims to produce unmanned aerial vehicles and Xbox consoles in Bac Ninh
  • Eight EVNNPT employees receive Vietnam General Confederation of Labor innovation award

Middle East

Egypt

  • Infinity Power breaks ground on 200 MW Ras Ghareb Wind Project
  • Egypt’s non-oil private sector sees strongest growth in five years in November, PMI shows
  • Badawi showcases mining reforms and incentives in London; discusses financing with EBRD and Deutsche Bank
  • Badawi pitches Egypt’s mining potential to international firms; AngloGold Ashanti discusses expanded cooperation
  • ORA Developers begins enabling works for Bayn coastal project in UAE

Iraq

  • Exxon in talks with Iraq about buying Lukoil stake in giant West Qurna 2 oil field – sources
  • Iraq invites bids from US companies to takeover a major oil field

Kuwait

  • Kuwait announces three major offshore oil finds; more discoveries await evaluation
  • Kuwait suspends Petrofac from oil and gas tender participation
  • Kuwait moves to shut down informal money networks with new ban on alternative remittance systems

Oman

  • Asyad Group unveils logistics projects to support green hydrogen sector
  • Fourth edition of Green Hydrogen Summit Oman kicks off
  • Oman advances seven green hydrogen projects targeting 1 million tonnes by 2030
  • OETC appointed to lead FEED for Oman’s green hydrogen transmission assets
  • PDO extends prequalification date for early production facilities
  • Sohar International eyes stake in Saudi’s Neo Group
  • LNG goals galvanise Oman’s oil and gas sector
  • Oman prepares for wave of IPP awards

Qatar

  • Qatar endeavours to establish a strong foundation in the technology sector: PM

Saudi Arabia

  • Saudi Aramco begins gas production at Jafurah, world’s largest shale project outside U.S.
  • Saudi non-oil private sector shows robust growth in November
  • Saudi non-oil PMI holds strong at 58.5 as output growth hits a 10-month high
  • Saudi Arabia approves 2026 state budget (with $44 billion deficit)
  • Riyadh announces project priorities in 2026
  • Local contractor wins Saudi substation deal
  • SEC signs $347m power works deal for Soudah Peaks
  • ACWA Power–PIF–SAPCO consortium seal $8.2bn financing for 15GW renewables

Syria

  • Chevron weighs Syria offshore exploration; Syrian president and Chevron discuss cooperation in oil and gas exploration

Turkey (region entries)

  • McDermott adds top Middle East executive to board amid regional consolidation push
  • Middle East giant suspends Petrofac from upcoming oil and gas tenders
  • Turkish shipping company ends Russia-linked voyages after tanker explosions

United Arab Emirates

  • World Future Energy Summit 2026 to spotlight potential of AI in the Middle East
  • ADX provides investors access to global heavyweights powering AI with new ETF
  • Abu Dhabi Airports grows reach further with AirSial’s weekly connections from AUH to Pakistan
  • ADIPEC: AISUS transforms offshore inspections with AI-driven insights
  • Adnoc Gas to set aside one-fifth of Ruwais LNG output to meet spot Asian demand
  • Fatema Al Nuaimi: Ruwais LNG project progressing on schedule
  • Etihad Salam and DTM collaborate, launching four advanced cybersecurity products
  • IHC interested in Lukoil’s foreign assets
  • ORA Developers breaks ground on Bayn and opens two new sales centers in Abu Dhabi and Dubai
  • ION to deploy fast EV chargers across ENOC stations in Sharjah under new strategic partnership

Africa

Angola

  • Angola launches first non-associated gas project, signalling a major energy milestone

Botswana

  • Botswana expands mineral strategy through new global agreements

Cape Verde

  • Carbo Verde to expand Cabeólica wind facility with €39M EIB loan

Chad

  • Perenco raises oil production capacity in Chad
  • Perenco completes 12-well campaign at Chad’s Badila field

Côte d’Ivoire (Ivory Coast)

  • IFC backs Ivory Coast’s ‘Electricity for All’ program with $28.3M funding
  • Côte d’Ivoire signs membership agreement with the Arab Africa Trade Bridges (AATB) Program

Republic of Congo

  • Eni starts up Congo LNG Phase 2 (first gas expected early 2026)
  • Eni launches second phase of Congo LNG project

Ghana

  • Ghana’s headline inflation eases to a four-year low at 6.3%
  • Ghana’s inflation slows for the 11th straight month in November

Mauritania

  • MSGBC Oil, Gas & Power 2025 to host high-level panel on local content development
  • Wärtsilä signs GAP agreement for Mauritania power plant

Mozambique

  • TotalEnergies-led Mozambique LNG project loses $2.2bn backing; partners to provide additional equity
  • Exxon lifts force majeure on Rovuma LNG
  • UK and Netherlands withdraw $2.2B from Mozambique LNG project

Namibia

  • TotalEnergies leads as top bidder for Galp’s 40% stake in Mopane discovery
  • Namibia central bank keeps main interest rate steady
  • Namibia frontier exploration well hits hydrocarbons

Nigeria

  • TotalEnergies and Chevron sign JV agreement for two Nigerian offshore licenses
  • Nigeria to host African petroleum regulators forum; regulator elected chair
  • 700,000 electricity meters available for nationwide distribution — NERC
  • Navy destroys five illegal refining sites in Niger Delta

South Africa

  • Solinzi Power’s R60B project granted strategic status
  • South Africa lays out terms for debut infrastructure bonds
  • South Africa moves to prosecute major container lines over historic price-fixing claims

Tunisia

  • President Saied reviews Mejerda River dredging project with Defense Minister

Europe

France

  • PCG Rozel – new coastal patrol boat for France’s National Gendarmerie

Germany

  • Phillips 66 closes partial sale of German, Austrian fuel retailer

Hungary

  • Hungary confirms talks over NIS stake sale

Netherlands

  • Volta electric maintenance workboat to be deployed in east Netherlands’ inland waters
  • XOCEAN wins five-year survey inspection contracts for six Dutch offshore wind farms

Norway

  • Northern Lights’ liquefied CO2 carrier fleet grows as third vessel joins

Russia

  • Russia oil revenue falls by a third
  • Russian oil and gas revenues continue to slide versus prior-year levels
  • Kremlin says decision to phase out Russian gas will make EU less competitive
  • Kremlin approves emergency refinery support measures
  • Arctic LNG 2 boosts Russia’s October output and sends late cargo via Northern Sea Route

Turkey (Europe)

  • Turkey hints at expansion of LNG import facilities as it signs fresh supply deals
  • Turkey’s state player completes entry into three blocks in Pakistan

United Kingdom / EU-wide

  • EU seals deal to phase out Russian gas by 2027
  • Nearly 250 energy projects gain EU PCI and PMI status
  • UK regulator delays North Sea acquisition

North America

Canada

  • Canada West Land Services appoints Greg Kreese as President
  • Enbridge announces 2026 financial guidance, declares 3% dividend increase
  • International Petroleum Corporation announces TSX approval for renewal of normal course issuer bid
  • Enverus report shrinks impact of data center expansion on US natural gas demand

Mexico

  • Pemex debt is a red flag for potential partners as Mexico seeks to boost oil output
  • US crude oil imports from Mexico fell to a record low last week, EIA says

Trinidad and Tobago

  • Drilling resumes in Trinidad block after nearly 20-year hiatus

United States

  • TVA and Holtec to get up to $800MM in DOE funding for SMR development
  • USA gasoline price falls to lowest level since May 2021
  • Strategists expect over 3MM barrel WoW USA crude stock rise
  • Targa to buy rival for $1.25B
  • EIA sees gasoline and diesel prices dropping in 2025–2026
  • Technical glitch allowed some traders to access US oil market data earlier than others
  • US crude and gasoline stocks rise; distillate inventories fall, EIA says
  • Natural gas futures rebound as colder forecasts support higher demand outlook
  • US LNG exports hit an all-time high again
  • Allseas lands big US contract to install 515 kilometres of deepwater pipeline
  • America’s new manufacturing powerhouse: why the Shale Crescent will lead the next boom
  • AWS and other cloud providers launch new AI hardware and instances

South America

Argentina

  • Continental Resources buys 90% stake in Vaca Muerta shale concession
  • Argentina’s Southern Energy signs record 8-year LNG agreement with Germany’s SEFE
  • New players enter Argentina’s GNL business backed by private investors

Brazil

  • IFCHOR Galbraiths acquires Brazilian broker

Chile

  • HAM and Lipigas open first bio-LNG plant in South America

Venezuela

  • Venezuela’s oil exports surpass 900,000 bpd despite US pressure
  • Venezuela denounces US-ordered ‘forced sale’ of oil company Citgo
  • Huge fire seen after ‘explosion’ at Venezuela oil plant

Oceania

Australia

  • New ferry begins operational sailings in Australia’s Southern Moreton Bay Islands

Global

  • OPEC+ reaffirms decision to pause production hikes
  • Crude settles lower on Ukraine peace-talk jitters
  • Oil notches fourth monthly drop
  • CME futures outage disrupts trading
  • Tank insulation system for LNG and ammonia-fueled vessels receives ClassNK approval
  • From niche to growth engine: Rystad on why geothermal is expanding globally
  • Biofuel fundamentals and low-carbon energy data highlights
  • Energy prices, levelized cost of hydrogen and electricity, and fuel-switching thresholds
  • AI boom sparks global memory chip crisis; prices soar
  • Geopolitical developments contribute to elevated diesel prices
  • Arctic and LNG market notes
  • How Suriname can build local content by learning from Guyana

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