During the period from August 2nd to 8th, 2025, the following international news occurred:
1. Venture Global secures $15.1bn financing for CP2 LNG in Louisiana
U. S. LNG producer Venture Global has finalized $15.1 billion in financing and made a final investment decision for Phase 1 of its CP2 project in Louisiana. With a peak capacity of 28 million tons per year, the facility will become the largest LNG export terminal in the U.S. The company’s three Louisiana projects now have a total contracted capacity of 43.5 million tons annually. Drewry predicts the U.S. will continue to lead global LNG supply growth, with CP2 and Commonwealth LNG expected to receive approvals this year.
2. Shell LNG sales rise but profits plunge by a third
Shell's LNG sales in the second quarter increased by 8% quarter-on-quarter to 17.8 million tons, but the adjusted profit dropped to $4.5 billion (a year-on-year decrease of 32%). The CEO said that factors such as geopolitics have affected commodity prices and profit margins. The commissioning of the Canadian LNG project has shortened the voyage to Asia by 50%, and new projects in Egypt and Trinidad will increase gas sources. The company achieved $800 million in cost reduction in the first half of the year and plans to accumulate cost reduction of $5.7 billion by 2028.
3. Adriatic LNG closes for maintenance in August
The Adriatic LNG terminal will undergo maintenance starting August 1, with operations gradually resuming by month-end. The shutdown aims to increase regasification capacity from 9.6 billion cubic meters to 10.4 billion cubic meters. In the first half of the year, the terminal supplied 4.5 billion cubic meters of natural gas to Italy’s grid (up 2.2% year-on-year), meeting 15% of national demand. Italy has two smaller terminals to partially offset the outage and is expanding LNG infrastructure to boost regasification capacity to 47.5 billion cubic meters by 2026.
4. Cavagna boosts IoT offering with Digimatic stake
Italian industrial gas company Cavagna Group has acquired a majority stake in software firm Digimatic to expand its digital portfolio and strengthen its IoT market presence. The deal integrates Digimatic’s smart monitoring technology into Cavagna’s ultrasonic gas meters, medical gas valves, and other products, enhancing remote monitoring and logistics management. The CEO stated this move will help customers improve operational efficiency, reduce waste, and enhance safety.
5. Linde operating profit climbs 6% in second quarter
Industrial gas giant Linde reported Q2 revenue of $8.5 billion (up 3% year-on-year) and operating profit of $2.6 billion (up 6%), with margins rising to 30.1%. The company generated strong cash flow, returned $1.8 billion to shareholders, and signed $7.1 billion in gas supply contracts. It maintained its full-year EPS guidance of $16.3–$16.5 and plans $5–$5.5 billion in capital expenditures to support growth in electronics and clean energy.
6. NWC completes water infrastructure projects in Riyadh and Al Kharj
Saudi Arabia’s National Water Company (NWC) has completed two major water infrastructure projects in Riyadh’s Al Bayan district and Al Kharj province, with a total value exceeding SAR 114 million. The Al Bayan project, costing over SAR 101 million, involved laying 229 km of pipelines to serve 64,000 residents. The Al Kharj project, worth SAR 13 million, installed 19 km of pipes for 14,000 residents. These initiatives aim to enhance water services and support Saudi Vision 2030’s infrastructure modernization goals.
7. Cox to expand the Agadir desalination plant and add a 150 MW wind farm in a €250M investment
Cox will expand Morocco’s Agadir desalination plant, adding 125,000 cubic meters per day to reach a total capacity of 400,000 cubic meters per day, alongside a 150 MW wind farm. As the world’s largest dual-purpose desalination facility, it will provide drinking water for 2 million people and irrigation for 13,600 hectares of farmland. The projects, with a combined investment of over €250 million from 2025–2027, will launch in 2026–2027 and 2027, respectively, using an "energy follows water" model to integrate renewables.
8. VA Tech Wabag secures $272 million contract for Yanbu Desalination Plant
Indian multinational water technology company VA Tech Wabag has won a 1.02 billion riyal (about $272 million) contract from the Saudi Arabia’s Water Authority to build a 300,000 cubic meters per day desalination plant in Yanbu, Saudi Arabia. The project covers the entire process of design, procurement and construction, and is the second project of the same scale undertaken by the company in Saudi Arabia, in line with the water infrastructure modernization goals of Saudi Arabia's Vision 2030.
9. Indiana American Water breaks ground on new water treatment facility in Seymour
Indiana American Water has begun construction on a $50 million water treatment plant in Seymour, replacing the city’s century-old facility. Scheduled for completion in fall 2026, the new plant will have a daily capacity of 4.5 million gallons (double current average demand), with expansion potential to 6 million gallons, ensuring long-term water security.