B[GCL Group and Jurong Group signed a cooperation agreement on Ethiopian LNG project] On October 18th, according to GCL Group news, at 9:00 local time on October 16th in Ethiopia, Wang Dong, Executive President of GCL Group and President of GCL Africa Industry Group, and Lin Rongsheng, Chairman of China Jurong Group, led their teams to jointly visit the Ethiopian Ministry of Mining, visit the newly appointed Minister of Mining Alemcehai Paulos, and hold working talks. Witnessed by Alemcehai Paulos and others, the Ethiopian branch of GCL Energy Investment Co., Ltd. and Jurong Group (Holdings) Co., Ltd. officially signed the "Liquefied Natural Gas (LNG) Contracting Construction and Entrusted Processing Contract." In the future, both parties will leverage their respective advantages in oil and gas exploration and development, LNG production capacity construction, storage and transportation trade, accelerate the implementation of high-quality projects and continue to deepen practical cooperation in areas such as energy technology, equipment manufacturing, cross-border trade, and green and low-carbon. B[Hudong-Zhonghua: Since the beginning of this year, a total of 15 new LNG ship orders have been received, with production schedules beyond 2030] On October 16, Hudong-Zhonghua Shipbuilding (Group) Co., Ltd., a subsidiary of China State Shipbuilding Corporation, and Malaysian International Shipping Company (MISC Berhad) signed a construction contract for five large 174,000 cubic meter liquefied natural gas (LNG) ships on the same day. With the signing of this contract, Hudong-Zhonghua’s total number of LNG ship orders has reached 57, accounting for more than 21% of the world’s share, ranking first in the world in terms of tank capacity. The relevant person in charge of the company stated that since this year, the company has received a total of 15 new LNG ship orders, and the production schedule has been extended to after 2030. (CSI Taurus) B[Shanghai Exchange Director Tian Xiangyang: Promote the listing of liquefied natural gas, corrugated paper futures options, and promote the research and development of electricity and other products] October 15th, today, at the 2026 Shanghai Derivatives Market Forum co-organized by the Shanghai Futures Exchange and the China Financial Futures Exchange, Director Tian Xiangyang of the Shanghai Futures Exchange said in a speech that the next step is to fully prevent risks and strengthen supervision, strengthen market risk monitoring, build risk breakwaters and breakwaters, improve regulatory efficiency, and ensure the stable operation of the market. The second is to steadily improve the product system, strengthen the advantageous sequence of metals, energy, shipping, etc., steadily promote the listing of liquefied natural gas, corrugated paper futures and options, promote the research and development of strategic and basic products such as electricity, and better empower the construction of a modern industrial system. The third is to innovate the business model with Chinese characteristics in depth and accurately meet the needs of industrial risk management with more efficient mechanisms and tools and a longer-lasting service system. The fourth is to comprehensively enhance cross-border service capabilities, steadily expand the opening up of platforms, services, prices and other fields, deepen pragmatic external cooperation, promote the extension of overseas services, and continuously expand the application scenarios of "Shanghai Price". The fifth is to vigorously promote the integrated development of futures and cash, enrich delivery resources, innovate delivery mechanisms, deepen the use of non-ferrous metals data systems, and comprehensively improve the quality of delivery warehouses. (Reporter Zhou Xiaoya) B[Oracle urges regulators to speed up approval of data center natural gas pipeline project] October 14th, Oracle once again requested federal regulators to quickly approve a natural gas pipeline to meet the power supply needs of its large data center project in New Mexico. Josh Pitcock, Oracle's senior vice president of government affairs, said in a letter to the Federal Energy Regulatory Commission on Tuesday that if the commission continues to delay approval of the pipeline project operated by a subsidiary of Energy Transfer LP, it will "threaten the operational schedule of Project Jupiter (Project Jupiter), thereby affecting the resulting jobs, economic activity and community benefits." The pipeline, called Green Chile, will transport approximately 400 million cubic feet of natural gas per day to power fuel cells provided by Bloom Energy to support the Jupiter project. Currently, the pipeline's operational date has been postponed to February 2027, far later than the previously planned operational date of August 15. B[The Houthis said they attacked Saudi airports and energy facilities] On October 12, Yemen’s Houthi armed spokesman Yahya Saraya posted a video on the social media platform, saying, “In the past 24 hours, Saudi Arabia launched 124 air strikes against the Yemeni capital. Dusana, as well as Taiz, Marib, Jawf, Hajjah, Hodeidah, Saada and other provinces - since the current round of tensions escalated in early September, the total number of Saudi air strikes in Yemen has reached 2,058, causing casualties including women and children. According to Asia, the Houthi armed forces launched missiles and drones and carried out four rounds of attacks on targets in Saudi Arabia in the past 24 hours: the attack on the King Khalid International Airport in the Saudi capital Riyadh, "causing air traffic interruption and complete closure of the airport"; the attack on Saudi Aramco's Shugadam natural gas facility in the Eastern Province of Saudi Arabia, "the attack was accurate, and a fire broke out in the target area"; the attack on the Saudi Aramco oil refinery in Tanaguib, the Eastern Province, "the attack was accurate, and the refinery caught fire";
The attack on King Fahd International Airport in the eastern Saudi city of Dammam "directly hit the target and caused air traffic disruption at the airport." Saraya said that the Houthi armed forces also launched missiles and drones to attack Saudi Arabia's "assembled forces" in Yemen. "The strikes were precise and caused dozens of casualties." The Houthis also "once again warned all international companies, experts, employees, staff and passengers around the world: Do not take flights to airports in Saudi Arabia", saying that these airports are "not safe", except "the airports and airspace of the holy cities of Mecca and Medina." Saraya said that the Houthis will continue to "respond to blockades with blockades and escalations with escalations" "until the aggression stops and the blockade is lifted." (CCTV International News)
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