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

News Desk @ Doha, Toronto, Islamabad & London.

Asia

China

  • China accelerates crude stockpiling amid weaker oil price trend
  • China signals policy push to stabilize and revive investment
  • Hainan Free Trade Port international services portal launched
  • China’s express delivery sector posts double-digit growth in first 11 months
  • China to boost marine economy through strategic bay planning
  • China grants first Level-3 autonomous driving vehicle permits
  • North China port: cargo for China–Europe freight trains exceeds 5 million tonnes

India

  • ICICI Prudential Asset becomes fourth most subscribed India IPO with $33 billion in bids
  • Indian shares fall for second session; Axis Bank among top laggards
  • Indian rupee hits record low, sapped by hedging demand and outflows
  • Indian central bank’s $5 billion FX swap oversubscribed twice
  • Natural gas loses industrial buyers as liquid fuels turn cheaper
  • Centre cites Rajasthan model, urges states to publish grid spare capacity data
  • From ₹10/kWh to under ₹3/kWh: the turning point for battery storage
  • India looks to sign trade deal with Mexico as tariffs loom
  • India’s exports defy tariffs, strengthening its hand in US trade talks
  • Masdar pulls out of ReNew Energy buyout consortium

Japan

  • Japan gives firms more control and faster returns in state-backed LNG ventures
  • Japan’s manufacturing sector contracts at a slower pace in December, PMI shows

Malaysia

  • Malaysia eyes an AI-driven energy future
  • TotalEnergies wins a 21-year deal to power Google data centres in Malaysia
  • PTTEP deepens Malaysia footprint with TotalEnergies investment

Pakistan

  • Pakistan seeks oil deal with Russia as energy ministries hold talks
  • SBP rate cut draws mixed responses from industry leaders
  • VEON-owned Jazz International Holding to acquire controlling stake in TPL Insurance
  • ADB offers Pakistan additional loans for reforms and budget support
  • OGRA intensifies enforcement drive to ensure compliance at petrol pumps
  • Govt lowers RLNG prices by up to 5.9% for December
  • PIBT to handle export of Reko Diq copper-gold concentrates
  • PSX closes in the red as late-session profit booking erases early gains

Vietnam

  • Vietnam welcomes its 20 millionth international visitor — a national milestone
  • Hanoi approves $32.5 billion Red River scenic boulevard project
  • Vietnam blockchain firm Hyra partners with AHT Tech to expand AI capabilities
  • FPT forms specialized board to build core capabilities with expansion into rail tech

Indonesia

  • Space42 and PT Telkom Satelit Indonesia explore partnership to extend 5G D2D services

Other Asia

  • India plans to increase exports to Russia to $10 billion
  • Indian Navy commissions a locally built diving support ship
  • CMB.TECH seals China supply deal as its ammonia fleet nears deployment
  • Samsung wins ABS approval for floating nuclear vessel concept (South Korea)

Middle East

Egypt

  • Dana Gas boosts Egypt program with a Nile Delta discovery
  • JV breaks ground for a $210 million Atum integrated solar complex in SCZONE
  • SCZONE chairman lays foundation stone for $150 million GENNVAX factory in Ain Sokhna
  • Egypt targets 480 new oil and gas wells in a $5.7 billion exploration push
  • ACWA Power inks deal with AfDB to boost energy and water projects across Africa

Kuwait

  • Action Energy starts trading on Boursa Kuwait’s Premier Market
  • Kuwait awards oil pipeline contract; AD Ports may operate Shuaiba port

Oman

  • Oman hydrogen project set for commissioning by Q4 2026

Saudi Arabia

  • Gulf stocks fall as oil drops; Saudi index hits a three-month low
  • Saudi firm Midad among frontrunners to buy Lukoil’s global assets, sources say
  • Arabian Qudra to set up the first floating solar plant in Saudi Arabia
  • Saudi non-oil private sector sees strong growth as PMI climbs above 60
  • Alkhorayef: Saudi non-oil exports posted record growth reaching $81.86 billion in H1 2025

United Arab Emirates

  • DP World launches a 36-hour Dubai–Iraq Ro‑Ro service and a new UAE–Iraq sea route
  • Adnoc Refining awards engineering for a naphtha-to-jet fuel project
  • MBZUAI opens applications for first Ph.D. cohort in Human‑Computer Interaction
  • DMCC and Crypto.com partner to advance commodities tokenisation and digital trade infrastructure

Qatar

  • QatarEnergy LNG gets a new CEO

Regional

  • Middle East oil markets weaken as supply concerns grow and global surplus looms
  • Global energy demand rising steadily to meet AI needs
  • Oil hovers near two-week highs on expected US rate cuts and geopolitical risk
  • UAE’s clean energy capacity to exceed 22 GW by 2031 to power a data-centre surge

Africa

Egypt

  • ACWA Power inks deal with AfDB to boost energy and water projects across Africa

Guinea / West Africa

  • Guinea and EGA in bauxite supply deal talks, sources say

Libya

  • Libya’s Tobruk power station brings two units online

Mauritania & Sahel

  • Saudi’s SFD backs Mauritania water and power projects with $160 million in development loans
  • TGS launches a large multi-client seismic project offshore Mauritania

Mozambique

  • Mozambique transfers $110 million to launch a Sovereign Wealth Fund
  • TotalEnergies and Galp agree an exchange involving Mopane and Venus discoveries

Namibia

  • Shell contracts the Deepsea Mira rig for a 2026 drilling program
  • ReconAfrica may test up to eight reservoirs in a promising Namibian well

Nigeria

  • Nigeria targets $2 billion investment with 28 flare gas permits
  • Nigeria approves a gas‑flaring project targeting $2 billion investment and 3 GW power

South Africa

  • Umoyilanga Hybrid Power Project nears 2026 start
  • South Africa will attend the G20 summit in the US

Other Africa

  • Innovate Africa Fund proves ‘Founder‑First’ model, unlocking follow‑on capital

Europe

France

  • Artemis — new tour boat to serve routes between Oleron and Aix islands

Germany

  • Hapag‑Lloyd orders eight new dual‑fuel methanol container ships
  • Uniper launches sale of Baltic pipeline stake

Hungary

  • Hungary signs a long‑term LNG contract with Chevron
  • Hungary boosts Russian pipe gas imports by 15% in first 10 months of 2025

Ireland & Netherlands

  • Core42 establishes European headquarters in Dublin
  • DEME and Beens Dredging collaborate on Dutch water quality restoration

Norway

  • Green light for $1.8 billion oil redevelopment in Norwegian waters
  • ConocoPhillips advances a $2 billion Ekofisk project

Russia

  • Bank of Russia lowers dollar exchange rate and sells currency in domestic market

Spain & UK

  • Marsa Maroc buys 45% of Spain’s Boluda Terminals for €80 million
  • Serica bolsters North Sea gas portfolio with a recent acquisition
  • UK: North Sea gas platform integrates offshore wind to ‘go green’

North America

Canada

  • Ovintiv inks a deal for liquefaction capacity at Canada’s Cedar LNG facility
  • Pembina completes remarketing of a Cedar LNG share

United States

  • Natural gas futures slip but hold above $4 as warm Christmas forecasts weigh
  • Train 1 commissioning accelerates at Golden Pass, setting up early‑2026 LNG production
  • Cheniere Energy market move: company shares set new 52‑week low
  • US rig count down by one but gassy plays remain popular
  • EIA again raises WTI price forecasts for 2025 and 2026

Regional / Market Data

  • Gas and power price updates for major US and European hubs
  • Spot LNG exporter netbacks and comparative market graphs

South America

Brazil

  • Workers at 17 Petrobras offshore platforms adhere to a nationwide strike

Venezuela

  • Cyber attack hits PDVSA systems; oil cargo delays confirmed
  • Chevron reduces price for Venezuelan oil after a tanker seizure

Other

  • Odfjell develops a green corridor between Brazil and Europe
  • DeFi Technologies launches Brazilian depositary receipts for institutional investors on B3

Oceania

Australia

  • Subsea7 hired for Chevron’s offshore gas project in Australia
  • European subsea contractor scores a major win Down Under

Global

  • Brent oil slides below $60 a barrel for the first time since May
  • BP delivers first oil from Atlantis Drill Center 1 expansion; eyes multiple project startups by 2027
  • Energy transition macro outlook 2026: transition weathers headwinds
  • US and Ukraine target a 1,000‑vessel ‘dark fleet’ smuggling sanctioned oil worldwide
  • Cyber attack on PDVSA adds to energy market disruption risks
  • Major maritime and shipping orders reshape 2025 shipbuilding activity

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