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

News Desk @ Doha, Toronto, Islamabad & London.

Asia

Bangladesh

  • NTPC advisers return to Bangladesh amidst security concerns and rising communal violence

China

  • Sinopec’s Refining Throughput Falls, Chemicals Losses Deepen
  • China’s largest city announces more than $1 billion of investments in new ‘hydrogen corridor’
  • TMS Cardiff Gas expands LNG orderbook with Chinese deal

India

  • India Bets on Cheaper LNG
  • India LNG Buyers Stall Deals Expecting Record Supply Wave
  • Chennai Petroleum Corporation reports ₹1,001.6 crore Q3 profit
  • SCI seeks EoIs for building eight VLGCs, six of them in India, for $950 million
  • Reliance stays away from Russian oil, public sector firms lap it up
  • From Petrotech to OPEC Dialogues to India Energy Week, India reframes global energy engagement
  • India’s energy sweet spot meets a reform reality check as India Energy Week opens
  • BHEL focuses on energy security, self-reliance for Viksit Bharat 2047
  • All 12 private distribution companies posted a positive PAT

Kazakhstan

  • Tengiz Operator Restarts Oil Output, CPC Resumes Loadings
  • Kazakhstan’s giant Tengiz oilfield slowly restarts production

Pakistan

  • State Bank holds monetary policy rate at 10.5%
  • SBP holds key policy rate at 10.5 percent
  • SBP cuts cash reserve requirement for banks to boost economic activities
  • Power Division rejects Rs224bn debt spike reports
  • Power Division rejects Rs223bn Circular Debt claims
  • Mari Energies Announces Gas Discovery at Tibri-1 Well in Dera Bugti
  • Mari Energies profit declines 6%, keeps dividend intact at Rs8
  • Pakistan’s Maritime Sector Records Rs100bn Profit in 2025 on Back of Reforms
  • Moro Power Gets Approval to Use NTDC Network for Sindh’s First B2B Renewable Project
  • Lesco Plans 300% Increase in Authorised Capital to Rs200bn

South Korea

  • S-Oil Posts Sequential Increase in Q4 Profit
  • JHI Steamship widens tanker bet with HD Hyundai suezmaxes

Middle East

Egypt

  • SCZONE Signs $34Mn Deal with China’s CNCEC for Soda Ash Project
  • Egypt Exports 150,000 m³ of LNG to Türkiye
  • Dana Gas, Crescent Petroleum Sign Gas Supply Deals from Chemchemal Field
  • Hunter & Co Eyes Egypt’s Mining Sector for Investments
  • Madbouly Presents Strategy to Phase Out Gasoline and Diesel imports
  • Egypt’s Energy Map: Markets, Transition & Strategic Partnerships
  • Egypt exports LNG shipment to Türkiye from Idku terminal via Shell
  • El-Wazir discusses Elite Solar expansion plans in Egypt

Iran

  • Oil holds onto gains as Iran keeps investors on edge
  • US sanctions another nine vessels linked to Iran

Jordan

  • Jordan and Syria sign natural gas supply agreement
  • Syria, Jordan sign gas supply deal to bolster Syrian power grid

Kuwait

  • Kuwait awards $3.3bn wastewater contract
  • Chinese group wins $3.3 bn sewage plant contract in Kuwait

Oman

  • Deal signed for Oman’s first locally built LNG tugboat

Qatar

  • QatarEnergy’s North Field West moves ahead

Saudi Arabia

  • Saudi Arabia cuts mining permit timeline to 30-90 days
  • Aramco Starts 1st Bond Sale of The Year
  • SEC signs $1.4bn offtake deal for Rabigh power plant
  • ACWA Power unveils new brand identity to put people and communities at the heart of the energy transition
  • OPEC+ likely to maintain oil production pause for March as prices climb

Syria

  • Syria, Jordan sign gas supply deal to support power generation

United Arab Emirates

  • ADNOC’s Al Jaber tops global ranking
  • Abu Dhabi’s XRG raises Rio Grande LNG project stake
  • XRG to increase stake in Rio Grande LNG project
  • Emirates Islamic profit before tax rises 26% to a record AED 3.9bln in 2025
  • Emirates NBD delivered a record AED 29.8bln profit before tax, up 10%
  • DEWA’s projects strengthen the UAE’s leading role in the transition to clean and renewable energy

Yemen

  • UAE firm withdraws Yemen solar operations

Regional

  • GCC Construction Equipment Industry Research Report 2025-2030: LNG Expansion, Infrastructure Megaprojects, and Renewable Energy Investments Fuel Demand

Africa

Egypt

  • Egypt Exports 150,000 m³ of LNG to Türkiye
  • Egypt exports LNG shipment to Türkiye from Idku terminal via Shell

Ivory Coast

  • SOCAR Acquires 10% Stake in Baleine, Signaling African Entrance

Libya

  • TotalEnergies extends Libya’s Waha oil concessions to 2050
  • Libya inks major oil investment deal
  • Libya’s NOC Seeks Investors for New Southern, Ras Lanuf Refineries
  • TotalEnergies unveils big new project in Libya after concession extended

Mozambique

  • Mozambique’s Coral North FLNG Project Secures $150M AfDB Financing

Nigeria

  • Chevron’s drilling ops in Nigerian waters lead to new hydrocarbon discovery
  • Chevron and NNPC unveil ‘significant’ discovery offshore Nigeria
  • Nigeria Approves Incentives to Fast-Track Shell’s $2B Deepwater Project
  • Nigeria, Shell tout progress on potential $20bln Bonga South West oilfield

Regional

  • Eni secures multimillion-dollar loan for African FLNG project
  • African field days away from flipping oil production switch on almost 30 years after shutdown

Europe

Austria

  • Austria’s underground gas reserves down below 50%

Bulgaria

  • Bulgaria Completes Acquisition of 10 Percent Han Asparuh Stake

European Union

  • EU countries approve Russian gas ban
  • EU Adopts Law to Fully Phase Out Russian Gas and LNG Imports by 2027
  • EU green-lights a stepwise halt on Russian gas
  • EU Gives Final Approval to Russian Gas Ban
  • EU signs off on Russian gas ban
  • EU endorses ban on Russian pipeline gas and LNG imports
  • EU introduces 300% fine for Russian gas import since 2027
  • EU’s dependence on US LNG to grow despite Brussels’ efforts

Germany

  • Germany’s Uniper Seeks $50M From Gazprom in Gas Transit Dispute

Greece

  • ContourGlobal Enters Greek Renewables Market

Hungary

  • Iberdrola Completes Hungary Exit
  • Hungary will challenge EU’s ban on gas supplies from Russia in court

Norway

  • Nuclear-powered vessels are achievable, Norwegian-led study confirms
  • 1.3 billion payday for deepwater driller, including Norway debut
  • Vaar Energi looking to keep up high pace of FIDs in 2026
  • Frontline fixes seven VLCCs at near-$77,000 a day

Russia

  • Oil refinery under attack in Russia’s Krasnodar Krai
  • Russia continues to fulfill gas contracts with Turkey
  • Russia hopes JP Morgan will unfreeze funds for Akkuyu NPP
  • Gazprom set absolute record of gas supplies to national consumers
  • Russian energy system sets absolute record of power consumption
  • Russian agricultural exports to Middle East total $4.3 bln in 2025
  • Ban on Russian gas to cost Europeans their freedom

Regional

  • Hamburg Declaration: North Sea countries target 100 GW of cross-border offshore wind, boost to green hydrogen
  • Northwest Europe Backs Major Offshore Wind Expansion
  • North Sea countries to ink pact with offshore wind industry
  • Baltic states’ only underground gas storage facility is less than one third full
  • Europe withdraws over 40 bcm of gas from storage facilities since start of heating season

North America

Canada

  • If Elected, the Parti Québécois Would Not Necessarily Oppose New Gas or Oil Pipelines
  • NEW METHANE REGULATIONS: What You Need to Know about Canada’s New Methane Regulations
  • Canada’s Pipeline Problem Returns as Oil Sands Output Surges
  • Cardinal Provides an Update on The Operation Of Its Thermal Business Unit

Mexico

  • Mexico Weighs Stopping Oil Shipments to Cuba Amid Concerns of Trump Retaliation

United States

  • As Europe’s Reliance on U.S. Natural Gas Grows, So Does Trump’s Leverage
  • Natural gas prices hit $6 for first time since 2022 as massive winter storm sweeps U.S.
  • Wicked Winter Blast Sends Natural Gas Futures Flying
  • US Natural Gas Jumps Almost 20% as Arctic Blast Takes Hold
  • LNG Flows Surge into Everett as New England Gas Prices Soar
  • When the US freezes, the global LNG market catches a cold
  • US LPG exports, production slowed due to freeze
  • U.S. NatGas Futures Soar 89% Over Five Days As Freezing Wells Cut Output To Two-Year Low
  • U.S. Oil Capital Houston Buzzes As Industry Limbers Up For Venezuela Oil Rush
  • US Oilfield Service Firm SLB Says it Can Rapidly Boost Venezuela Operations
  • Oil Prices Rise as Harsh Winter Disrupts US Output
  • EIA Sees Glut Widening in 2026
  • US LNG exports hit all-time high in November 2025
  • Century Aluminium join EGA project to build first U.S. smelter in almost 50 years
  • Baker Hughes expects ‘robust’ 2026 orders, buoyed by LNG and FPSO work

South America

Brazil

  • Petrobras still investigating causes of Foz do Amazonas fluid leak

Guyana

  • Guyana: EnerMech, Saipem Partner on ExxonMobil’s $12.7B Whiptail Project

Venezuela

  • Vitol and Trafigura: Traders at the Heart of Trump’s Venezuela Oil Grab
  • Will US involvement change Venezuela’s role in OPEC?
  • US Oil Capital Houston Buzzes as Industry Limbers up for Venezuela Oil Rush

Global

  • Oil Prices Hold Steady On Supply Concerns
  • OPEC+ likely to maintain oil production pause for March as prices climb
  • The Looming LNG Glut and What It Means for Global Energy Prices
  • LNG Expansion Raises Oversupply Risks as Crude and Gas Prices Extend Monthly Gains
  • The American LNG Bazooka and the Quiet Rethink of Europe’s Largest Gas Field
  • Seapeak Mars becomes first LNG vessel to be scrapped this year
  • Stolt-Nielsen Limited in discussions to sell up to 50% in Avenir LNG Limited
  • Gold soars past $5,000 level for 1st time amid geopolitical tensions
  • Gold races to $5,100 record peak on frantic safe-haven demand
  • Davos Reframes Low-Carbon Transition as Security Strategy
  • Frontline fixes seven VLCCs at near-$77,000 a day

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