Drone attacks on tankers bound for the CPC terminal are disrupting Kazakh oil exports, tightening flows from one of the world’s key crude supply routes.
Gulf Development has signed a 15-year LNG supply agreement with Engie, securing long-term fuel volumes for multiple Thai power plants beginning in 2028.
Turkmenistan’s 2026 energy plan prioritizes gas production growth, new phases at the Galkynysh field, and completion of a key TAPI pipeline segment linking Turkmenistan and Afghanistan.
Malaysia increased gas-fired power generation in December as coal output declined, supported by higher domestic gas production and shifting LNG trade flows.
Petrovietnam Gas has awarded its first-ever term LNG supply contract to Shell, marking a shift from spot purchases as Vietnam builds out long-term gas supply.
Kawasaki Heavy Industries and Japan Suiso Energy have signed a contract to build a liquefied hydrogen carrier, marking a major step toward commercial-scale hydrogen shipping.
Osaka Gas has begun commercial operations at a new gas-fired power plant in western Japan, adding capacity as electricity demand rises and gas plays a growing role in the country’s energy transition.
Indian Oil’s first Colombian crude purchase under its Ecopetrol deal signals a shift in trade flows as sanctions and shipping disruptions curb Russia’s oil exports to India.
Petronas has agreed to supply 1 million metric tons per year of LNG to CNOOC, reinforcing Asian LNG trade flows as producers continue to secure long-term offtake.
Kazakhstan’s state pipeline operator Kaztransoil plans to open its first EU office in Poland as it works to stabilize crude oil exports to Germany via existing cross-border pipeline routes.
Japan’s largest power generator, JERA, has signed a seven-year LNG supply agreement with Hokkaido Gas, securing up to three cargoes per year starting in 2027 and reinforcing domestic energy supply resilience.
TotalEnergies has strengthened its partnership with PTTEP through a stake adjustment in Malaysia’s SK408 offshore gas block, retaining operatorship while optimizing its regional gas portfolio. The move reinforces Malaysia’s role as a key hub for long-term gas supply and supporting infrastructure in Southeast Asia.
Venezuelan state oil company PDVSA has been forced to double discounts on crude sold to Asia, with some barrels priced up to $15 below Brent, as Russian and Iranian oil floods the market and U.S. military activity heightens loading risks near Venezuelan ports.
Despite a memorandum signed during President Putin’s visit to China, experts note pricing disputes and complex logistics could delay progress on the cross-border project.
SOCAR and Hungary’s MVM ONEnergy signed a new natural gas supply deal effective January 2026, expanding Azerbaijan’s pipeline exports to Europe and strengthening regional energy ties through the South Caucasus and TANAP systems.
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