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

News Desk @ Doha, Toronto, Islamabad & London.

Asia

China

  • Hainan FTP’s special customs operations underscore China’s firm commitment to high-standard opening up
  • China’s central bank completes financial prep for Hainan’s island-wide special customs operations
  • World’s largest high-speed-rail tunneling machine passes 10,000 meters beneath Yangtze
  • 25,000 mirrors: A mega green power project in west China
  • China’s digital consumption accounts for nearly half of household spending in H1: report
  • China’s general public budget spending up 1.4 pct in Jan.-Nov.
  • Venergy steps into boxships with feeder newbuild deal in China
  • Wan Hai heads to Chinese yard for LNG-powered newbuilds
  • Chinese contractor wins PTTEP services contract
  • China’s CNPC Expects Peak Gas Demand by 2040
  • Sinopec Bullish on China Peak Oil Demand in Latest Forecast

India

  • India’s parliament approves bill to raise foreign direct investment in insurance to 100%
  • Japan’s MUFG to invest over $4 billion for stake in India’s Shriram Finance
  • India equity benchmarks inch lower for third day as investors await fresh cues
  • India defies sanctions with strong Russian oil imports
  • India boosts Russian oil imports as refiners chase discounts
  • Rupee recovers 55 paise from all-time low level to close at 90.38 against US dollar
  • LPG shortage in Punjab as Bathinda refinery shuts down
  • ₹40,000 crore forex savings logged; ethanol blending seen unlocking ₹2 lakh crore more
  • Rajasthan discoms cut power losses sharply, but Jodhpur remains a concern
  • Vidarbha industry flags power bill shock, disputes Maharashtra govt’s tariff-cut promise
  • India’s clean energy support rises; progress hinges on PSUs’ diversification, electricity reforms
  • Explained: How the SHANTI Bill, 2025 restructures nuclear licensing, safety and regulation
  • India and Russia creating framework to reach $100 billion trade target

Indonesia

  • ‘Large’ contract takes Fugro to Indonesian deepwater gas development

Japan

  • Japan’s Igarashi Reizo builds $24 mln cold storage project in southern Vietnam

Pakistan

  • Goods transporters end strike after ‘successful talks’ with authorities
  • Pakistan Navy Launches Fourth Hangor Class Submarine GHAZI In China
  • SECP clears PIA Holding Company’s transfer of Precision Engineering Complex
  • Pakistan posts $100m current account surplus in November
  • IMF casts doubt on Pakistan’s $60bn export dream
  • NEPRA unveils major solar net metering changes
  • Pakistan’s growth outlook dims as exports lag, imports surge: IMF
  • PSX ends choppy session slightly lower amid mixed cues
  • FDI holds steady at $179.7m in November as China-led inflows continue
  • Pakistan imports from China clocks in at $1.3bn
  • Pakistan’s Power sector attracts highest net FDI of $86.75m in November
  • China leads FDI in Pakistan with net inflow of around $82m in November
  • NETSOL Technologies signs $50 million contract extension with global auto captive
  • ADB commends macroeconomic reforms, reaffirms support for ML-1

South Korea

  • Ford cancels EV battery deal worth $6.5 billion with South Korea’s LG Energy Solution

Sri Lanka

  • Sri Lanka shares end muted
  • Sri Lanka forecasts 5% growth in 2026, aided by post-cyclone reconstruction

Thailand

  • Thailand’s central bank lowers policy rate to 1.25 pct

Vietnam

  • Honda Vietnam expands biz registration to cover electric vehicles, charging, battery swapping
  • Vietnam tech unicorn VNG merges two core units into AI-focused GreenNode brand
  • Becamex to inject $28 mln into VSIP Industrial Park joint venture
  • Vietnam M&A 2025: Opportunities reshaped by disciplined capital
  • HCMC plans Cai Mep Ha free trade zone linked to deep-sea port complex
  • Cash returns to Vietnamese stock market, but analysts urge caution
  • Unprecedented national milestone in 65 years: Vietnam welcomes 20 millionth international visitor
  • Vietnam’s Truong Hai steps up boxship ambitions with orders in China

Middle East

Bahrain

  • Bahrain All Share Index adds 0.08% on Wednesday’s trading session

Egypt

  • Grundfos hosts a powerful regional gathering in Sharm El Sheikh
  • JV breaks ground for $210mln Atum integrated solar complex in Egypt’s SCZONE
  • Egypt targets 480 new oil and gas wells in $5.7bln exploration push
  • Egypt signs $200m sustainable aviation fuel deal
  • Egypt Kicks Off $220 Mn Solar Production Complex in SCZONE
  • Egypt’s Suez Canal, Namibian Ports Authority sign MoU to propel port development, training
  • Maridive and Oil Services reports 105.5% YoY higher profits in 9 months
  • WATG completes long-term master plan for Egypt’s Giza Pyramids region
  • Ernst & Young forecasts sharpest slowdown for Egypt’s inflation in nearly 3 years
  • Souhoola closes 2nd securitization bond issuance for CI Capital at $12.28mln
  • Huawei Digital Power gathers regional leaders in Sharm El-Sheikh

Jordan

  • Orange Jordan supports JIFEX 2025 and highlights its leadership in the logistics sector

Kuwait

  • Action Energy eyes regional expansion after Kuwait stock market listing
  • Kuwait Oil Company seeks higher project budgets
  • Kuwait oil price down $1.31 to $59.13 pb
  • Mintiply Capital to lead $326mln F&B, e-commerce investment deal in GCC

Oman

  • Oman’s Nama PWP signs PPA for 120MW Jaalan Bani Bu Ali wind project
  • Oman: Hydrogen project set for commissioning by Q4 2026
  • Energy Development Oman achieves investment grade rating from Fitch Ratings
  • Archangel Lightworks and Omantel establish a strategic partnership to bring laser communications to Oman
  • Working aggressively to attract foreign airlines – Oman Airports CEO

Qatar

  • QatarEnergy inks 15-year helium supply agreement with Uniper
  • Qatar bets on cheap power to catch up in Gulf AI race
  • Leader emerges for $5 billion-plus megaproject at world’s largest gas field

Saudi Arabia

  • Arabian Qudra to set up first floating solar plant in Saudi Arabia
  • Saudi non-oil private sector sees strong growth as PMI climbs over 60
  • Saudi non-oil exports post record growth reaching $81.86bln in H1 2025: Alkhorayef
  • Saudi firm eyes acquisition of Russian oil giant Lukoil
  • Saudi Cabinet cancels expat worker fees for licensed industrial facilities
  • Investment licenses in Saudi Arabia have increased 20-fold in 5 years
  • Saudi Arabia raises $1.8bn in December sukuk issuance: NDMC
  • AGIB launches Giga-Projects Tracker and gathers industry leaders in Riyadh

UAE

  • Kimmeridge offers $6 billion for natural gas company Ascent
  • Dubai crude shows signs of oversupply amid global oil glut
  • Masdar pulls out of ReNew Energy buyout consortium
  • Masdar completes first project in $1.33bln UK battery storage investment
  • ADJD reinforces community awareness at the Fifth Abu Dhabi Family Forum
  • Binghatti launches new Mercedes Benz-branded residential project
  • DXB and DWC boost winter schedules with new routes
  • Dubai inflation eases to 2.7% in November
  • Adnoc secures 95% stake in Germany’s Covestro in its biggest acquisition yet
  • Fatema Al Nuaimi says the Ruwais LNG project is progressing on schedule

Africa

Egypt

  • Egypt’s Suez Canal, Namibian Ports Authority sign MoU to propel port development, training

Liberia

  • Liberia secures Global Environment Facility approval for landmark mercury-reduction project in gold mining sector

Morocco

  • Morocco awards $185m Guercif-Nador road contracts

Namibia

  • Egypt’s Suez Canal, Namibian Ports Authority sign MoU to propel port development, training

Nigeria

  • Nigeria’s House to look into row between regulator and Dangote over fuel imports, pricing
  • Nigeria: Senate cuts crude oil benchmark to $60 for 2026 budget
  • Binatone launches new electronic power station in Nigeria
  • Shell Adds New Gas Customer in Nigeria
  • Customs intercepts $1.56mln from Dubai-bound Austrian national at Lagos Airport

South Africa

  • South African inflation eases, economists see more rate cuts ahead

Tunisia

  • AMEA Power commissions Tunisia’s first solar plant above 100MW

Uganda

  • New leader emerges as African coffee exports surge

Africa (regional)

  • Airtel Africa teams up with Starlink to launch direct-to-cell service in 14 markets
  • ACWA Power, AfDB set to fast-track $5bln energy, water projects in Africa

Europe

Germany

  • Germany’s Fairplay Towage acquires Stade-based marine services company
  • Acciona develops new digital platform to control concrete on its construction sites

Hungary

  • Hungary set to purchase 2 bcm of liquefied natural gas from US
  • Hungary’s MOL takes operating role at Azeri oil and gas project

Moldova

  • EU candidate country moves to seize Russian oil giant’s assets

Netherlands

  • Shell and Chevron quit Sea Cargo Charter in blow to voluntary decarbonisation framework

Norway

  • Norway’s Amon Bulk expands ammonia bulker scheme with three more kamsarmax newbuilds
  • Owners of Norway’s largest oil discovery miss deadline
  • DeepOcean and Vår Energi shake hands for five-year subsea IMR services

Poland

  • Can Poland save offshore wind? Auction launched amid string of European tender failures

Russia

  • Western claims of Russian threat ‘lies and nonsense’ – Putin
  • New Russian ice-capable pusher tug hits the water
  • Arming of Russian ‘shadow fleet’ and related security concerns

Spain

  • Record 22-meter suction sail installed on general cargo vessel

United Kingdom

  • Fifth chapter of North Sea oil project’s book now online
  • UK inflation unexpectedly tumbles, firming Bank of England rate cut bets
  • Sterling spooked by UK inflation surprise, oil jumps on Venezuela blockade
  • European shares rise as banking, commodity stocks lead broader gains

North America

Bahamas

  • Sawgrass LNG & Power celebra ocho años de suministro de GNL a las Bahamas

Canada

  • Pembina Completes Remarketing of Cedar LNG Share
  • Canada’s LNG Gets Further Support
  • Alberta’s Huge Oil Sands Reserves Dwarf U.S. Shale
  • Canadian Natural Earmarks 2026 Capital for Early Work on Oilsands Expansions
  • Imperial Expects Up To $1.6B Capex for 2026
  • 12-year deal in the bag for Canada’s $4B hydro-powered floating LNG project
  • LOOKING BACK AT 2025 – A Defining Year for Canada’s Energy Policy Shift & LNG Milestones

United States

  • Natural Gas Price Outlook – Natural Gas Plummets
  • Weather Flip Sends Natural Gas Futures Sliding, Spot Prices Tumble at Midday
  • Natural Gas Positions for Firmer 2026 as Power Demand, LNG Lift Floor
  • U.S. crude oil closes at lowest level since early 2021 as looming surplus weighs on market
  • Trump Orders Blockade of Sanctioned Oil Tankers in Venezuela
  • Energy Department Grants Woodside Louisiana LNG Project Additional Time to Commence Exports
  • Golden Pass LNG Nears Production in 2026 with Turbine Testing Approval
  • PIVOT! Ford to Take $19.5 Billion in Charges Tied to Sweeping EV Unwind

South America

Brazil

  • Natural Gas Liberalization ‘Reshaping Energy Landscape’ for Major LNG Buyer Brazil
  • Brazilian operator denies $450 million asset sale talks
  • ExxonMobil quits four Brazil pre-salt exploration blocks

Venezuela

  • Trump moves to choke Venezuelan oil shipping with ‘total and complete’ tanker blockade
  • Venezuela faces demands for big oil discounts and contract changes after tanker seizure

Oceania

Australia

  • Workers at Australia’s Pluto LNG set to strike
  • Santos offloads Australian non-core gas assets to Eni and Comet Ridge
  • Major works contract marks final step for construction start at Australian interconnector
  • Wood wins role at Australian carbon capture scheme

Papua New Guinea

  • PNG LNG partners accelerate repayment of project financing

Global

  • Natural gas price is threatening the positive stability
  • Oil prices fall to 4-year low below $55 as supply glut shows up
  • Oil settles near five-year low amid ample supply, Russia-Ukraine progress
  • Oil prices jump as Trump orders blockade of Venezuelan tankers
  • Global coal demand peaks in 2025, set for long-term decline: IEA
  • LNG Terminal Market to Grow at 4.91% CAGR Through 2035
  • Powering AI Without Breaking the Grid
  • Electricity is now holding back growth across the global economy
  • Gold and silver prices surge amid global market volatility
  • Shell and Chevron quit Sea Cargo Charter in blow to voluntary decarbonisation framework
  • Alterra invests in key renewables fund to boost global use

Trending

Discover more from PakESDA

Subscribe now to keep reading and get access to the full archive.

Continue reading

Discover more from PakESDA

Subscribe now to keep reading and get access to the full archive.

Continue reading