XRG Completes Second Rio Grande LNG Transaction, Now Invested Across All Five Trains
Abu Dhabi’s XRG completed the acquisition of an additional 7.6% equity interest in Trains 4 and 5 of the Rio Grande LNG project at the Port of Brownsville, Texas. XRG now holds ownership across all five trains under construction at the facility. The project is operated by NextDecade, with the first three trains having a combined capacity of approximately 17.6 MTPA.
XRG, Eni and YPF Sign Deal to Develop Vaca Muerta Blocks for Argentina’s 12 MTPA LNG Project
Abu Dhabi’s XRG, Italy’s Eni, and Argentina’s YPF signed an agreement to jointly develop three unconventional gas blocks in the Vaca Muerta basin. XRG and Eni will each hold a 32% stake, with YPF retaining 36%. Gas production will supply Argentina’s integrated 12 MTPA LNG export project, which includes two 6 MTPA floating LNG units. A final investment decision is expected in the second half of 2026.
PV Gas Signs Vietnam’s First Term LNG Supply Agreement with Shell
Vietnam’s PV Gas signed a five-year LNG sale and purchase agreement with Shell Eastern Trading for the 2027–2031 period. It is Vietnam’s first-ever term LNG supply agreement, marking a strategic shift from spot procurement to long-term contracted supply and providing stable LNG for power generation and industrial users.
AD Ports Group and IRH Sign MoU for LNG Bunkering at Khalifa Port
AD Ports Group and IRH Global Trading signed a memorandum of understanding to explore the development of LNG bunkering services at Khalifa Port in Abu Dhabi, targeting the growing demand for cleaner marine fuels along Middle East and Asia-Pacific shipping routes.
Naftogaz and US Delegation Discuss Equipment Supply and LNG Investment
Ukraine’s Naftogaz held talks with a US delegation on natural gas equipment procurement, LNG supply, and joint investment projects. The discussions explored supply routes for LNG to Ukraine via Baltic Sea terminals and the use of US technology and financing to support the repair and modernisation of Ukraine’s gas infrastructure.
SUEZ Wins €2 Billion Water and Wastewater Services Contract in Oman
A consortium led by SUEZ was awarded a 15-year, €2 billion performance-based contract by NAMA Water Services to operate water and wastewater services for approximately 2.3 million people across three governorates in Oman. The scope includes 240 wells, 10,700 km of pipelines, 22 wastewater treatment plants and over 400,000 smart meters, targeting a reduction in water losses from 34% to 11%.
Uisce Éireann Completes €50 Million Wastewater Upgrade in County Donegal
Uisce Éireann completed a €50 million wastewater infrastructure upgrade in north Donegal, Ireland’s largest-ever wastewater investment in the county. The project covered new sewer networks and treatment facilities in the towns of Ramelton, Milford and Rathmullan, delivering significantly improved effluent quality and supporting local communities and economic growth.
Western Australia Expands Kwinana Water Recycling Plant with A$81 Million Investment
The Western Australian government committed A$81 million to expand the Kwinana Water Reclamation Plant, adding approximately 10 million litres of recycled water per day for industrial use in the Western Trade Coast. The expansion helps alleviate pressure on freshwater resources and supports sustainable industrial development.
Texas Fort Worth Secures US$60 Million for New Membrane Bioreactor Water Reclamation Facility
The Texas Water Development Board approved a US$60 million Clean Water State Revolving Fund loan to the City of Fort Worth to construct a new 10 million gallon per day membrane bioreactor water reclamation facility. The project includes biological nutrient removal bioreactors, UV disinfection and membrane treatment systems, with reclaimed water and biosolids to be reused for irrigation and industrial purposes.
World Bank Approves US$1.02 Billion for Philippine Water Security
The World Bank approved a US$1 billion loan and a US$20 million grant to support energy and water security reforms in the Philippines. The water component focuses on cost-recovery tariff frameworks, a unified financing structure prioritising poor and climate-vulnerable communities, and bulk water pricing regulations to improve utility financial sustainability and expand safe drinking water access.
IDB Approves US$78.75 Million for Urban Upgrading in Uruguay
The Inter-American Development Bank approved US$78.75 million in financing for an urban upgrading programme in Uruguay, with a strong focus on improving water supply and sanitation access in vulnerable communities. The project includes water network rehabilitation, drainage system upgrades, and stormwater management infrastructure benefiting multiple urban communities nationwide.