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OPEC and the Gas Exporting Countries Forum warn that chronic underinvestment could lead to lasting supply tensions in oil and gas, as demand continues to grow.
Technip Energies strengthens its role in the Northern Lights project in Norway by supplying electric marine equipment for the transfer of liquefied CO2 at the Øygarden terminal.

Popular support for oil exploration rises sharply in Norway

A national barometer shows that 62% of Norwegians support maintaining the current level of hydrocarbon exploration, confirming an upward trend in a sector central to the country’s economy.
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The French Court of Auditors values EDF’s grand carénage at over €100bn, while EPR2 reactors already exceed €67–75bn. The State simultaneously directs regulation, financing, and industrial strategy, raising the risk of conflict of interest.
ShaMaran has shipped a first cargo of crude oil from Ceyhan, marking the implementation of the in-kind payment mechanism established between Baghdad, Erbil, and international oil companies following the partial resumption of exports through the Iraq–Türkiye pipeline.

Haffner Energy bets on H6 to secure investments in biomass‑hydrogen technology

Haffner Energy presents the H6 generation, a biomass‑hydrogen system positioned as competitive against electrolysis, as the company seeks new investors amid financial pressure and a regulatory landscape focused on RFNBO.
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Four companies completed a global series of secure remote additive manufacturing to locally produce certified parts for the oil and gas industry, marking a key industrial milestone for supply chain resilience.
Norwegian group TGS begins Phase I of its multi-client seismic survey in the Pelotas Basin, covering 21 offshore blocks in southern Brazil, with support from industry funding.

Tokyo Gas sells TVL LLC to Grayrock Energy for $255mn and reallocates its US gas portfolio

By selling its US subsidiary TVL LLC, active in the Haynesville and Cotton Valley formations in Louisiana, to Grayrock Energy for $255mn, Tokyo Gas pursues a targeted rotation of its upstream assets while strengthening, through TG Natural Resources, its exposure to major US gas hubs supporting its LNG value chain.
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HyperStrong commits to purchase at least 200 GWh of battery cells from CATL by 2028, as part of a strategic partnership aimed at structuring a global energy storage ecosystem.
TotalEnergies acquires 50% of a flexible power generation portfolio from EPH, reinforcing its gas-to-power strategy in Europe through a €10.6bn joint venture.

Chandra Asri secures $750mn from KKR to acquire Exxon’s fuel stations in Singapore

Indonesian group Chandra Asri receives a $750mn tailor-made funding from KKR for the acquisition of the Esso network in Singapore, strengthening its position in the fuel retail sector.
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The Essington-1 well identified significant hydrocarbon columns in the Otway Basin, strengthening investment prospects for the partners in the drilling programme.
An NGO identified 531 participants linked to carbon capture and storage technologies at COP30, illustrating the growing strategic interest of industry players in this technical lever within climate negotiations.

India signs major US LPG deal under diplomatic pressure

New Delhi secures 2.2 million tonnes of liquefied petroleum gas annually from the United States, a state-funded commitment amid American sanctions and shifting supply strategies.
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INNIO and Clarke Energy are building a 450 MW gas engine power plant in Thurrock to stabilise the electricity grid in southeast England and supply nearly one million households.
A report urges European states to rapidly deploy long-duration energy storage technologies, deemed essential to avoid building obsolete gas assets and reduce grid costs by 2040.

LibertyStream signs strategic agreement with Packet Digital for US lithium carbonate

LibertyStream has signed a memorandum of understanding with Packet Digital to secure a local supply of lithium carbonate for industrial and military battery production, backed by approximately $2.7mn in funding.
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First Solar launches a $330mn industrial project in Gaffney to add 3.7 GW of domestic solar capacity and create over 600 jobs, strengthening its manufacturing presence in the United States.
The Monte Cristo I project strengthens Terra-Gen’s presence in Texas with a total capacity of 273 MW and economic returns exceeding $100mn for local communities.
The Japanese energy group plans to replace four steam turbines at its Sodegaura site with three combined-cycle gas turbines, with full commissioning targeted for 2041.
Petrus Resources recorded a 7% increase in production in the third quarter of 2025, along with a reduction in net debt and a 21% rise in cash flow.

Venture Global signs 20-year deal to supply LNG to the Balkans via Greece

Venture Global has signed a liquefied natural gas sales agreement with Atlantic-See LNG Trade S.A., a newly formed Greek joint venture, to supply 0.5 million tonnes annually starting in 2030, reinforcing regional energy security.
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INNIO and KMW partner to construct a 54 MW modular gas power plant in Mainz, designed to stabilise the grid and ensure supply to the future Green Rocks data centre.
ExxonMobil joins a Greek energy consortium to explore a gas field in the Ionian Sea, strengthening its presence in the Eastern Mediterranean after Chevron, amid post-Russian energy diversification efforts.

Pembina and PETRONAS sign 20-year agreement for Cedar LNG liquefaction capacity

Pembina Pipeline Corporation and PETRONAS have signed a long-term agreement securing 1 million tonnes per year of liquefaction capacity at Canada's Cedar LNG terminal, reinforcing their positions in the global liquefied natural gas market.
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NG Energy boosts its gas production in Colombia to 40 MMcf/d, with projected sales above $11.00 per MMBtu and expected profitability in Q4 2025.
Toshiba and GE Vernova have signed a memorandum of understanding to deploy integrated CO2 capture solutions in combined-cycle gas plants in Asia, reinforcing a long-standing industrial partnership.

ONE Gas narrows 2025 guidance after 37% rise in quarterly profit

ONE Gas posted higher third-quarter 2025 results with a net income increase, while adjusting its annual earnings forecast and maintaining investments in gas infrastructure expansion.
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Construction of the Constitution pipeline would reduce gas price volatility in the US Northeast, while generating up to $4.4bn in regional gross product and nearly 2,000 jobs per year.
Ovintiv has reached a definitive agreement to acquire NuVista Energy for $2.7bn, adding 140,000 net acres and nearly 100,000 barrels of oil equivalent per day in Canada’s Montney.

Entergy and Energy Transfer sign 20-year gas deal to support Louisiana industry

Entergy Louisiana and Energy Transfer have signed a gas transportation contract to supply new industrial projects in North Louisiana, reinforcing their long-term energy commitment.
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The continued rise in gas-fired power generation in Germany is slowing the filling of European reserves at a critical moment for regional energy market stability ahead of winter.
Mitsubishi Power will supply equipment to convert an oil-fired thermal power plant to natural gas in southern Vietnam.

CMA CGM announces the registration of ten giant container ships under the French flag

CMA CGM is commissioning ten new giant container ships under the French flag. These LNG-powered vessels aim to strengthen France's maritime competitiveness while supporting the sector's energy transition.
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Taiwan sees a record rise in natural gas-fired electricity generation, despite a slow energy transition, and remains heavily dependent on LNG imports.
Pakistan cancels 21 planned LNG cargoes from Eni due to a gas surplus and negotiates with Qatar for potential deferment or resale of shipments.

The $400 Million Israel-Cyprus Gas Pipeline Awaits Government Approvals

A $400 million natural gas pipeline connecting Israel to Cyprus, with a capacity of 1 billion cubic meters per year, is awaiting government approvals, according to Energean’s CEO.
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Les nominations du Trans Adriatic Pipeline progressent à Melendugno, Nea Mesimvria et Komotini, signalant davantage d’offre pipeline et une flexibilité accrue pour les expéditeurs face aux arbitrages avec le gaz naturel liquéfié.
Iran deploys 12 contracts and plans 18 more to recover 300 MMcf/d, inject 200 MMcf/d into the network, and deliver 800,000 tons/year of LPG, with an announced reduction of 30,000 tons/day of emissions.