Asia

China

• China to advance zero-carbon factory development
• China’s Tianjin inaugurates cross-Caspian freight route to Azerbaijan

India

• India, UAE agree to boost trade and defence ties, finalise LNG deal at leaders’ meeting
• Reliance posts refining gains despite sourcing challenges
• India’s MRPL scouts for Venezuelan oil as it halts Russian imports
• India’s retreat from Russian oil sends China’s Urals imports to a nearly three-year high
• Adani Power wins NCLAT battle as tribunal clears ₹4,000 crore VIPL resolution plan
• Electricity Amendment Bill likely in Budget session
• BHEL profit nearly triples to ₹390 crore in Q3 FY26

Japan

• TEPCO delays restart of Kashiwazaki-Kariwa nuclear power plant
• Mitsubishi Power lands significant gas turbine order for Qatar’s E IWPP project

Kazakhstan

• Power issues force Chevron to shut Tengiz output after a power facility fire

Pakistan

• PPL discovers gas in Khyber Pakhtunkhwa
• Hascol Petroleum and Navy unveil modern fuel station
• PPEPCA urges government intervention to clear Rs1.55trn overdue payments to E&P firms
• Government advances transparency and accountability in the petroleum sector through reforms

Philippines

• Philippines makes significant natural gas discovery near Malampaya — first in over a decade
• Prime Energy makes Philippines’ first gas discovery in more than a decade

Thailand

• Energy investment firm acquires floater deployed offshore Thailand

Turkmenistan

• Turkmenistan looks to unleash its gas potential

Vietnam

• Vietnam’s growth story to sustain momentum: foreign business leaders

Middle East

Azerbaijan

• Azerbaijan starts sending gas to Austria and Germany via the TAP pipeline
• SOCAR begins supplying Azerbaijani gas to Austria and Germany

Egypt

• Egypt announces new oil & gas discoveries expected to boost output
• Egypt and ENI expand gas production plans
• Elsewedy Industrial Development and Crystal Group to build $350mln industrial complex

Iraq

• Iraq launches drilling at the Akkas gas field
• Iraq’s total oil exports average 3.6mln bpd so far in January

Israel

• Leviathan partners approve expansion project
• Eco Wave Power’s pilot in Israel delivers strong performance in December

Kuwait

• Construction starts for a Kuwait gas project

Libya

• Libya’s oil revenues in 2025 at $15.6bln
• Tripoli prepares to host Libya’s Premier Energy & Economic Summit

Oman

• Masdar-led consortium reaches financial close on $300mln Ibri III solar PV IPP
• National Gas plans $100mln investment in a mini-LNG project
• Energy Development Oman tightens price on $640mln 10-year sukuk

Qatar

• Mitsubishi Power lands significant gas turbine order for Qatar’s E IWPP project

Saudi Arabia

• Saudi economy posts broad-based non-oil growth as 74 sectors exceed 5% expansion
• Gas production from Jafurah is an inflexion point for Saudi Arabia (Aramco)

Syria

• Syrian army extends control in north and seizes oil fields
• Syrian forces seize major oil and gas fields in eastern Syria

United Arab Emirates

• Abu Dhabi Khazna solar IPP reaches financial close
• Dubai expands EV Green Charger network to 1,860 points
• EtihadWE studies feasibility of UAE-India undersea power link
• $870.75mln green bonds issued for Abu Dhabi’s Al Dhafra Solar Plant
• ADNOC Gas signs $3bln, 10-year LNG deal with Hindustan Petroleum Corporation Limited

Africa

Egypt

• Egypt announces new oil & gas discoveries
• Elsewedy Industrial Development and Crystal Group to build $350mln industrial complex

Libya

• Libya’s oil revenues in 2025 at $15.6bln

Nigeria

• MA’AM Energy’s $750mln takeover of Geregu Power attracts attention
• Over $6bln onshore assets divested by IOCs since 2021
• Heir Energies doubles oil and gas production in five years

Regional

• Africa’s liquidity map in 2026: where capital is flowing

Europe

Azerbaijan

• Azerbaijan starts sending gas to Austria and Germany via the TAP pipeline

Norway

• Var Energi raises estimates for a new Barents Sea oil discovery
• Equinor restarts work on a large standalone gas prospect

Russia

• Russian oil and gas revenues plunge amid lower prices and sanctions
• Non-oil and gas revenues of the Russian budget up 12.6% in 2025

Turkey

• Construction of first reactor of Akkuyu plant almost completed

Ukraine

• Restoration of Ukraine’s power grid to take 3-4 years

United Kingdom

• NKT and SSEN Transmission sign final contracts for Scottish HVDC transmission links
• KKR partners with RWE on UK offshore wind farms

North America

Canada

• Canada’s first natural hydrogen well makes a major find
• Keyera announces unplanned Alberta Envirofuels facility outage

United States

• US natural gas jumps on colder outlook for late January
• USGS finds major oil and gas reserves in Permian Basin shales
• Fifth Circuit clears path for Texas LNG Brownsville Terminal construction

South America

Brazil

• Brava Energia snaps up Petronas’ stakes in two Brazilian fields for $450 million
• Brazil’s billionaire Batistas poised for Venezuelan oil revival

Global

• Energy markets diverge: crude oil slumps while natural gas rallies amid mid-winter demand
• Small scale LNG market forecast: USD 70.81bn in 2025 to USD 119.81bn by 2035
• IMF upgrades global growth forecast to 3.3% in 2026
• AI, resilience and sustainability set to transform logistics in 2026