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

News Desk @ Doha, Toronto, Islamabad & London.

Asia

China

  • PetroChina halts Venezuelan crude trading after US takes control of exports
  • World-class petrochemical complex on China’s Changxing Island
  • China soaks up the crude oil glut, but only if the price is right

India

  • India eyes domestic LNG shipbuilding as part of $500b energy drive
  • India Scales Back Refining Target, Diversifies Crude Supplies
  • IEW 2026: Upstream re-engagement gathers pace as industry calls for realistic energy transition
  • IEW 2026: ONGC steps up deepwater exploration to strengthen energy security
  • India’s energy strategy built on diversification, stability and transition: Hardeep Singh Puri
  • IEW 2026: India at centre of global energy growth as demand surge reshapes markets
  • India to drive up to 35% of global energy demand growth over next two decades
  • India’s energy sector offers $500 billion investment opportunities: PM Modi
  • Indian Oil to raise Brazilian crude purchases as Russian imports slow
  • Russia oil’s unexpected staying power in India extends into 2026
  • MOL signs time charter agreement with GAIL for LNG carrier
  • HPCL seeks Venezuelan crude to boost heavy oil runs
  • India, EU reach landmark trade deal, tariffs to be slashed on most goods
  • ONGC-MOL JV picks Samsung Heavy Industries to build two very large ethane carriers
  • Adani Green plans over 7 GWh battery storage at Khavda; lines up ₹40,000 crore capex
  • AP Transco sets target to complete 55 transmission projects of ₹9,300 crore
  • CG Power Q3 FY26 profit jumps 19% to ₹284 crore; revenue grows 26%
  • India’s HPCL Seeks Venezuelan Crude to Boost Heavy Oil Processing

Kazakhstan

  • Kazakhstan’s Tengiz oilfield seen recovering less than half its output by February 7
  • Kazakhstan wins arbitration case against oilfield’s Western shareholders

Vietnam

  • Vietnam ‘basically completes’ talks with Russia on Ninh Thuan 1 nuclear power project
  • PV Shipyard stages tentative comeback after years of losses

Regional

  • PetroChina holds off from buying Venezuelan oil marketed under US control

Middle East

Egypt

  • Egypt boosts exploration
  • Egypt Clears 2025 Arrears to Energean with $80Mn Payment
  • SCZONE, Netherlands Explore Cooperation in Green Hydrogen and Renewables
  • EPC Targets 120,000 Tons PVC Expansion
  • Badawi Approves SOPC, NPC Investment Plans for FY 2026/2027
  • Egypt’s Energy Map: Markets, Transition & Strategic Partnerships

Iraq

  • Kurdistan gas supply secured
  • Hamrin field redevelopment

Kuwait

  • Kuwait cancels oil tenders
  • Kuwait plans 1.5GW Ratqa power and steam plant
  • Kuwaiti firm wins rig supply deal

Oman

  • Oman LNG halts progress on fourth processing train project
  • Sohar Port and Freezone, MAK Germany Subsidiaries, and OQ sign agreements to develop integrated PTA and PET facilities
  • Korea’s KOWEPO eyes April financial close for $940mln Duqm Power Project

Saudi Arabia

  • New Murabba: Construction work suspended for Mukaab megaproject
  • SAR targets completion of Riyadh–Jeddah Land Bridge rail project by 2034
  • FDI in Saudi Arabia up 10%, hits $280bn
  • Saudi Arabia offers 11 mining sites in Eastern Province to boost investment
  • Maaden awards $152m contract for Saudi gold project

United Arab Emirates

  • ADNOC backs long-term partnerships
  • UAE is trusted energy supplier to India amid surging growth
  • Masdar’s renewables projects noted at Abu Dhabi Sustainability Week
  • Adnoc Distribution is positioning itself as a key player in the electric vehicle service sector
  • The UAE, Saudi Arabia, Oman and Qatar are national clean-energy champions
  • Penspen wins PMC contract for Habshan Gas Compressor Plant upgrade
  • UAE-based EGA’s smelter in the US to start production in 2029

Regional

  • Gulf projects index enters 2026 upbeat
  • Mideast Gulf States Press Accelerator on Battery Storage

Africa

Nigeria

  • Chevron Makes Hydrocarbon Discovery at Nigeria’s Awodi-07 Well
  • Nigeria: Dangote refinery increases petrol price

Regional

  • Clean hydrogen offtake contracts: Africa’s strategic gateway

Europe

European Union

  • EU countries give final approval to Russian gas ban
  • EU Formally Adopts Russian Gas Import Ban
  • EU Adopts Law to Fully Phase Out Russian Gas and LNG Imports by 2027

Finland

  • Finland-bound multi-fuel open deck carrier to be built in China

Norway

  • Nortrans seals Equinor flotel extension
  • SLB and Aker CC venture hit by loss on carbon capture project
  • FPSO giant teams up with Norwegian player for innovative CO2 solution

Sweden

  • Stena Bulk takes control of GSB tanker venture

United Kingdom

  • UK firm secures hybrid ferry design contract
  • Union slams UK’s ‘delusional’ North Sea energy policy
  • UK independent recovers from Israel shutdown with growth plans

Regional

  • Clean energy security pact formed to explore CCS shipping corridors in North Sea
  • North Sea nations plan offshore wind interconnector that will ‘save billions’
  • EIB to help Minesto strengthen investment case for 10 MW tidal energy project
  • Upping green shipping ante: First newbuild vessel to run on Wärtsilä’s ammonia engine

North America

Canada

  • Canada, India Pledge to Grow Oil, Petroleum Trade in Energy Reset
  • Canada is looking to boost energy trade with India, energy minister says
  • BC Has the Energy Resources to be an AI Powerhouse

United States

  • Natural gas prices hit $6 for first time since 2022 as massive winter storm sweeps U.S.
  • Spot Prices Wrap: Regional Natural Gas Hubs Surpass $100 Amid Winter Storm Carnage
  • Natural Gas Surges Almost 30% as Arctic Blast Grips Much of US
  • U.S. Natural Gas Prices Retreat After Rallying 117%
  • Natural Gas Prices Jump as Early Winter Cold Reprices Supply Risks
  • U.S. LNG Feed Gas Deliveries Fall off Cliff as Operators Grapple With Severe Cold
  • LNG Flows Surge into Everett as New England Gas Prices Soar
  • XRG Deepens U.S. LNG Push With Equity Buy in Rio Grande Trains
  • XRG to increase stake in NextDecade’s Rio Grande LNG project
  • ADnoc’s XRG steps up its US LNG game with additional stake in Texas’ $31.8 billion project
  • XRG Expands US Footprint with Stake in Rio Grande LNG
  • Alaska LNG says it expects to start laying pipe as early as December
  • Cheniere sets $0.555 quarterly dividend for Feb. 27
  • U.S. LNG Exports Surge Despite Q4 2025 Headwinds
  • U.S. oil capital Houston buzzes as industry limbers up for Venezuela oil rush
  • US energy sector reels after winter storm knocks out 2 million bpd of crude output
  • Oil slips even as US winter storm curbs crude output
  • Oil Climbs as Winter Storm Hits Production and Refineries in the U.S.
  • Power plant outages leave largest US regional grid with thin operating margin
  • US Northeast spot natgas and power prices hit record highs as Arctic blast boosts heating demand
  • EIA Sees NatGas Price Dropping in 2026 and Rising in 2027

Regional

  • When the US freezes, the global LNG market catches a cold

South America

Argentina

  • YPF and Río Negro establish regulatory framework for Argentina LNG project

Brazil

  • Brazil to invest $900 million in exploration activities in 2026
  • SBM Offshore: South America anchors business growth, as West Africa emerges on FPSO horizon

Venezuela

  • Venezuela oil reform encourages immediate investment, still needs to go deeper
  • Venezuela Expects Oil Investments of $1.4 Bn Under Production-Sharing Contracts in 2026
  • Venezuela set to approve major overhaul of hydrocarbon law
  • Chevron and ONGC met Rodriguez on Venezuela energy reforms

Oceania

Australia

  • Santos Ships First LNG Cargo From Barossa Project to Japan
  • Santos Ships First LNG Cargo from Barossa Project, Boosting Northern Territory Economy
  • Santos dispatches inaugural Barossa LNG cargo to Japan from Darwin
  • First LNG cargo from Australia’s huge gas project on its way to Japan
  • Santos Restarts Darwin LNG Exports
  • 3D Energi Runs Out of Cash for Victoria Drill Campaign, Suspends Trading
  • Still on the back burner: One of Australia’s largest undeveloped oil assets

Global

  • OPEC+ likely to maintain oil production pause for March as prices climb
  • Oil Market’s Watchmen Are at Loggerheads Over 2026 Outlook
  • Stolt-Nielsen in talks with ‘strategic buyer’ for sale of up to 50% stake in Avenir LNG

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