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

News Desk @ Doha, Toronto, Islamabad & London.

Asia

China

  • China files WTO case against Indian tariffs, subsidies
  • Structural upgrading, policy support in China’s consumption sector set to fuel long-term growth
  • China’s clean power shift hailed as scientific breakthrough, spotlighting global leadership
  • New foreign-invested firms up 16.9 pct in China in first 11 months
  • China reports steady railway freight growth in first 11 months
  • Hainan FTP logs smooth cargo flows on first day of special customs operations
  • Putin says Russia-China ties crucial factor for global stability

India

  • ICICI Prudential AMC notches $14.4 billion valuation on trading-debut spike
  • India’s direct tax collections rise 8% y/y in April-December
  • India Nifty 50 snaps four-session losing streak on Fed rate cut hopes
  • Weak auction demand fans supply worries, dragging India bonds down
  • Rupee rebounds 54 paise to 89.66 on dollar inflows, softer crude
  • Delhi denies fuel to 2,800 vehicles without PUC on first day of ‘No PUC, No Fuel’ drive
  • Russian crude curbs, lower oil prices to shape earnings outlook for IOC, BPCL, HPCL
  • BPCL to form JV with Coal India for coal gasification project in Maharashtra
  • Power ministry holds second meeting on India Energy Stack
  • Tata Power partners LSE, IGC to set up energy insights and innovation lab
  • Tata Power raises ₹2,000 crore via issuance of NCDs
  • REC forms new subsidiary for Maharashtra intra-state transmission project
  • No clear plan on power, new discom will burden people: Kishan Reddy
  • AI-driven data centres to lift demand for gensets in India: Cummins
  • NTPC plans to scale capacity to 244 GW by 2037 with ₹7 lakh crore investment

Indonesia

  • SumiSaujana To Expand Into Indonesia With Wet Gas Sulphuric Acid Facility
  • Pakistan, Indonesia need to strengthen cooperation in edible oil sector

Japan

  • Bank of Japan raises interest rate to 30-year high
  • Japan bond yields jump after BOJ hike, Wall Street poised for gains
  • Japan’s JERA secures government subsidy for US ammonia imports
  • Another multi-year LNG offtake deal in JERA’s hands
  • Mizuho – Harbour service boat begins operations at Japan’s Sakata Port

Kazakhstan

  • Kazakhstan Refinery Activity

Pakistan

  • Pakistan targets January for inaugural panda bond tranche
  • Chaman traders urge govt to reopen Afghan border crossings
  • Only 9pc of development budget used in five months
  • Profit-taking ahead of roll-over week pulls PSX into the red
  • NEPRA unveils 2025 net metering rules
  • Shehbaz seeks expanded trade with Australia
  • Sindh govt blames poor port planning for Karachi traffic jams
  • Telecom, VC firms seek tax relief to spur investment and sector growth
  • Treet to shut Lahore, Hyderabad plants briefly for annual maintenance
  • Weekly inflation edges up 0.24% as chicken, eggs push prices higher
  • Pakistan’s mobile phone imports surge 40.5% to $801mn in first five months of FY2025–26
  • Pakistan’s Hydel Power Generation Hits Record High in November
  • APTMA Seeks Two-Month Waiver of Off-the-Grid Levy for Captive Power Plants
  • GROWATT Hosts Landmark “Together We Shine” Convergence in Islamabad
  • Privatisation Roadmap Advances for Power Plants, DISCOs and PIA
  • WB Calls for Gas-Sector Reforms, Unbundling of Utilities to Tackle Circular Debt
  • ECC Approves Rs200bn Equity Injection for Discos to Ease Power Sector Cash-Flow Crunch
  • KOHC Consortium moves forward in PIA privatization bid
  • Mari Minerals partners with Globacore for Balochistan exploration licenses
  • Lucky Cement Board clears participation in PIACL privatization bid
  • TREET schedules temporary shutdown of double edge plants
  • PKR remains flat against USD
  • Big industry output grows 8% YoY in October
  • SBP injects Rs 12.43 trillion in the market
  • Gold prices fall by Rs 900 per tola
  • Textile exports increase 2.73% to $7.815 bln during Jul-Nov 2025-26
  • Shipping Activity at Port Qasim
  • Govt reviews telecom infrastructure, VC sector issues
  • Anti-fuel smuggling drive boosts Pakistan revenues 82%, PM office says
  • Mobile phone imports jump over 40% in FY26’s first five months
  • Weekly inflation up by 0.24 percent
  • PSX declines 556 points to close at 171,404 points

Singapore

  • Unpaid credit card balances in Singapore hit record high in 10 years

South Korea

  • Bank of Korea announces temporary measures to boost dollar supply in FX market

Sri Lanka

  • Sri Lankan shares fall, post weekly drop
  • Oil scandal under investigation in Sri Lanka

Vietnam

  • Northern Vietnam port city Hai Phong charts sustainable growth path for free trade zone
  • Construction begins on $32.5 bln Red River Scenic Boulevard project in Hanoi
  • Major Vietnamese groups kick off mega projects in south-central Vietnam
  • Mega-airport Long Thanh in southern Vietnam welcomes first passenger flights
  • Vietnam telecom giant VNPT establishes AI company
  • Quang Ngai Sugar develops sugar, biomass power projects worth $179 mln in central Vietnam
  • Sun Group to commence construction on 5 landmark projects worth $5.7 bln
  • Vingroup Simultaneously Launches and Inaugurates 11 Key Projects in Vietnam

Middle East

Bahrain

  • Bahrain’s non-oil exports of National Origin soared to $836mln in October

Egypt

  • UK exempts Egypt’s Zohr gas field from Russia sanctions
  • Maridive and Oil Services reports 105.5% YoY higher profits in 9 months
  • Vaiu concludes 20th securitized bond issuance at $23.1mln
  • Vaiu forges partnership with Infinity to secure access for home EV chargers
  • Noatum Ports signs deal with Al Dahra Agriculture to advance Egypt’s logistics capabilities
  • Egypt’s Energy Map: Markets, Transition & Strategic Partnerships

Jordan

  • Jordan, Egypt renew electricity exchange agreement for 2026
  • Jordan: Finance minister says 2026 budget prioritises economic growth, fiscal stability, strategic projects

Kuwait

  • Kuwait to sign Mubarak port agreement next week
  • CBK: IMF mission forecasts Kuwait GDP would surge by 2.6% in ’25
  • Kuwait oil price up 63 cents to $59.55 pb – KPC

Oman

  • Future Fund Oman mobilises over $2bln to build renewable energy manufacturing base
  • Oman’s Nama PWP signs PPA for 120MW Jaalan Bani Bu Ali wind project
  • Oman: Hydrogen project set for commissioning by Q4 2026
  • Oman launches first phase of unified government financial system ‘Maliyah’
  • Remediation of oil-polluted soil begins in Dhofar
  • Oman, India sign CEPA: Highlights
  • Omani solar PV module project expanded
  • Sembcorp powers Oman with over 1.1 GW of energy assets
  • Future Fund Oman backs $1.2bln to projects

Qatar

  • Qatar bets on cheap power to catch up in Gulf AI race
  • Qatar to rank among fastest-growing GCC economies in 2026
  • Qatar agrees to cancel 24 LNG cargoes as Pakistan reopens local gas wells

Saudi Arabia

  • Saudi firms sign deals to build oil fields, boost output in Syria
  • Saudi non-oil private sector sees strong growth as PMI climbs over 60
  • Saudi Arabia crude exports rise to two-and-a-half year high in October
  • Saudi investors turn cold on IPOs following tough year
  • Saudi Arabia completes world’s largest BESS project grid connection

UAE

  • Abu Dhabi oil giant ADNOC secures $2bn green loan backed by Korea’s K-SURE
  • AI Studio unveils climate-responsive residential development on Yas Island
  • Modon awards largest residential construction contract in Abu Dhabi in 2025
  • Royal Development Holding & Radisson Hotel Group unveil Radisson Residences Al Reem Island
  • UAE advances innovation-led development agenda in 2025

Other / Regional Middle East

  • Most Gulf stock markets rise as oil prices hold steady
  • Masdar pulls out of ReNew Energy buyout consortium
  • New Murabba signs MoU with Saudi Arabia’s MOMAH for community development
  • Metito consortium wins Mecca sewage scheme
  • Wood exceeds $1bln in 2025 Mideast contract wins
  • ACWA Power, AfDB set to fast-track $5bln energy, water projects in Africa

Africa

Angola

  • Lobito Atlantic Railway Secures $753M for Angola Rail Upgrades
  • Angola Launches Public Consultation on Proposed Biofuels Law

Ghana

  • Ghana’s fiscal consolidation rebuilds market confidence

Ivory Coast

  • Ivory Coast’s Doropo Gold Project Clears DFS with Strong Economics

Kenya

  • Kenya Signs $311M Deal to Upgrade National Power Grid

Mozambique

  • Mozambique’s second FLNG project on TechnipFMC’s to-do list

Morocco

  • Morocco awards $1bn Casablanca airport terminal deal

Namibia

  • Deep Yellow Advances Tumas Uranium Infrastructure

Nigeria

  • Nigeria nominates Oritsemeyiwa Eyesan to head NUPRC, eyeing upstream reform and investment push
  • Reviewing the WHT 2024 as Nigeria Tax Act 2025 goes into effect January 1
  • Debt servicing, wages gulp 105% of Nigeria’s revenue in seven months

Sao Tome and Principe

  • All Eyes on Falcao as Sao Tome Seeks Upstream Lift-Off

Somalia

  • Somalia ends year as drought tightens grip, funding gaps widen

South Africa

  • TNPA Secures New LPG Import Capacity at Port of Durban
  • South Africa Greenlights 890MW of New Solar Projects under REIPPPP
  • African Development Bank Group and Nedbank sign multi-billion-rand funding partnership
  • Etana to offtake power from new Western Cape wind farms

Tanzania / Regional

  • Tanzania’s Amsons deepens Kenya cement play with $250mln clinker plant

Zimbabwe

  • Zimbabwe scraps gold royalty hike, sets higher threshold for windfall tax

Africa Regional / Development

  • AfDB Approves $41M in Grants for São Tomé, Somalia
  • Data localisation and Africa’s digital economy
  • Africa’s new development finance moment

Europe

Denmark

  • Three vessels to go as AtoB@C Shipping takes delivery of ninth plug-in hybrid newbuild

France

  • France’s National Gendarmerie to operate new semi-rigid boat in Gulf of Morbihan
  • Maintenance and upgrade work completes at world’s largest tidal stream array

Georgia

  • Georgia-Russia trade turnover rises by 5.4% in January-November

Hungary

  • MOL names new president

Netherlands

  • Damen starts construction of new multi-purpose vessel for Herman Senior

Norway

  • Nordic American Tankers trims old tonnage ahead of newbuild push
  • Subsea7 and Equinor extend IMR deal for 2013-built vessel
  • Odfjell Drilling firms up 11-year-old rig’s multi-year gig in Norwegian waters
  • Harbour makes new discovery offshore Norway
  • Equinor wins in Polish offshore wind tender
  • SFL sheds Suezmax tanker duo and pulls the plug on charters for two other vessels
  • Ocean Yield and NYK Line pool resources on LNG vessel quartet

Poland

  • Equinor wins in Polish offshore wind tender

Russia

  • Putin says Russia willing to end conflict in Ukraine while eliminating root causes of crisis
  • Russian Central Bank slashes key rate to 16%
  • Putin urges getting rid of shadow economy, tax evasion
  • Russia ups legal risk for European banks over frozen assets
  • Russia ranks fourth globally by purchasing power parity — Putin
  • MOEX Index up 0.58% as morning trading session opens

United Kingdom

  • Petrofac in Turmoil: key updates on the UK energy firm’s administration
  • New FPSO project on cards for UK North Sea
  • UK sanctions smaller Russian oil producers
  • UK independents exit frontier Horn of Africa block

European Union / Regional

  • Special EU decision now needed to unblock frozen Russian assets — von der Leyen
  • EU widen shadow fleet net as UK and US tighten energy sanctions

North America

Canada

  • Maintenance, natural gas price volatility underscore lack of alternative flow routes near Canadian border
  • MidOcean completes LNG Canada stake acquisition

United States

  • U.S. natural gas prices rebound amid robust LNG flows
  • Following nearly in-line storage result, natural gas futures fail to sustain upward momentum
  • Gas leak causes shutdown on Sunset Blvd in Beverly Hills
  • Energy Transfer scraps development of Lake Charles LNG export project
  • Delfin faces fundraising delay as market capacity expands
  • Trump not ruling out war with Venezuela; orders ‘blockade’ of sanctioned oil tankers

South America

Brazil

  • Petrobras shuts down Campos basin platform after gas leak
  • Petrobras takes final investment decision at deepwater project

Venezuela

  • Venezuela to continue oil trade, Maduro says, after Trump’s blockade announcement
  • Venezuela grateful for Russian support, calling for peace in Caribbean

Oceania

Australia

  • Woodside’s next CEO must steer costly LNG projects through glut risk
  • BP appoints Woodside’s Meg O’Neill as CEO
  • Santos sells non-core assets to Eni, Comet Ridge

Papua New Guinea

  • Papua LNG FID one step nearer

Global

  • Oil set to close lower for second straight week
  • Surging barrels at sea spook oil markets; supply glut weighs on crude
  • Goldman sees gold at $4,900 by December 2026; projects oil price decline
  • Sanctions on Russian gas could cause limited growth in LNG shadow fleet
  • Wheat heads for biggest weekly fall since June on ample supply
  • Copper ticks higher as supply tightness in focus
  • Maersk completes first Red Sea voyage in nearly two years
  • RWE sells Polish offshore wind development project to PGE
  • COP30 makes resilient architecture a global mandate

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