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Crisis and Risk Management news
10 September 2026
DuPont, Chemours and Corteva settle PFAS claims tied to Fayetteville Works
Resolves PFAS and other contamination claims linked to Fayetteville Works and state AFFF allegations; $455M paid over 15 years with an NPV of about $355M shared by the three firms.
3 September 2026
Khaled bin Mohamed chairs ADNOC Executive Committee meeting
Reviewed energy supply reliability, operational and financial performance, and a new LNG trading platform targeting 47 mtpa by 2030+.
2 September 2026
AGF Nitrogen considers cutting ammonia output
High natural gas and emission allowance costs could force cuts to ammonia output, pushing fertilizer prices beyond farmers’ budgets and threatening European harvests.
1 September 2026
Natref operational update: downstream unit shutdown
Unplanned downstream outage in mid‑August coincided with a planned shutdown, disrupting production and jet‑fuel supply; measures aim to stabilise supply through end‑September.
31 August 2026
MAIRE (Tecnimont) wins ICC Phase 1 award finding EuroChem’s K2 termination wrongful
London tribunal upholds suspension due to sanctions, orders ~€260m to Tecnimont, rejects €1.6bn counterclaims; Phase 2 will consider injunctions and extra damages.
26 August 2026
Natref operational response after mid‑August downstream shutdown
An unplanned downstream shutdown in mid‑August, coinciding with a planned outage, reduced output; the affected unit will remain operational until end-September to help stabilise jet fuel supply.
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26 August 2026
Natref downstream shutdown affects Sasol Oil supply
Unplanned downstream unit outage curtails jet fuel and some product grades at OR Tambo; partial deliveries continue while mitigation and restoration proceed.
21 August 2026
dsm-firmenich sues Chinese parties over patented biotechnological sclareol production
Patent suit in China alleges unauthorized biotech production of sclareol, seeks injunction and damages; defendants include a sclareol producer and a research institute.
17 August 2026
ArcelorMittal: missile strike on Kryvyi Rih plant injures 13 and kills 2
Missile strike hit a Ukraine steel plant; energy and blast-furnace facilities damaged, production partly halted and injured staff are receiving medical care.
14 August 2026
PTT Global Chemical LDPE plant wins Prime Minister’s Outstanding Industry Award 2025 for safety
Recognized for over 3,400 accident‑free days, 15 years without Tier 1/2 PSEs, and extensive digital and community emergency systems.
7 August 2026
Fluor Corporation second-quarter 2026 results
Revenue rose 9% to $4.3B; new awards $6.1B and backlog $26.9B; adjusted EBITDA guidance narrowed and reduced; $300M returned to shareholders in Q2.
7 August 2026
MOL Group Q2 2026 results
Q2 profit USD 786m; strong oil and gas prices plus higher refining and petrochemical margins offset fuel price caps and operational outages.
6 August 2026
Trinseo Q2 2026 financial results
Net loss $120M; adjusted EBITDA $81M; free cash flow negative $125M; advancing DIP-backed debt restructuring and restarted Americas Styrenics sale.
5 August 2026
Albemarle Q2 2026 results
Net sales $1.7bn; adj. EBITDA $858m; Energy Storage driving results; capex trimmed to ~$500m; expected 225–235 kt LCE sales volume range after Talison CGP3 fire.
31 July 2026
FUCHS JV ALHAMRANI FUCHS PETROLEUM Yanbu plant severely damaged by fire
Fire on July 25 damaged production and filling units in Yanbu; operations suspended, no injuries. Customer supply to be maintained via alternative production and sourcing while reconstruction is planned.
31 July 2026
Clariant Q2 2026: margins improve and Amsterdam court dismisses Shell ethylene claim
Q2 comparable sales roughly flat; EBITDA margin up 80bp; performance-savings target raised to CHF100m; Amsterdam court dismissed Shell and Stichting Ethylene Claims suits.
31 July 2026
Borouge Plc delivers 23% QoQ net profit rise despite Ruwais incident
Restored full production after 5 April incident; shipped all available volumes plus inventory; realised prices rose 53% QoQ; margins squeezed by higher logistics and propylene costs.
16 July 2026
MOL: USD 100 million interim insurance payment for Danube Refinery fire
Insurers admitted liability and will pay USD 100 million as an interim settlement; repairs aim to restore full refinery capacity by end-Q3 2026 after an October 2025 unit fire.
14 July 2026
BP Q2 2026 trading statement
Lower reported upstream volumes from seasonal Gulf maintenance and Middle East disruption; stronger oil and refining realizations; net debt cut to $22–23bn; post-tax impairments about $1bn.
9 July 2026
SONATRACH: Incident at Arzew refinery packaging unit
Early-morning incident in the finished-oils packaging unit at Arzew refinery was contained within two hours; no injuries and production and domestic supply remained unaffected.
29 June 2026
Vestigo Petroleum confirms fire at West Lutong Vent A offshore Sarawak
Fire at West Lutong Vent A offshore Sarawak was controlled; cause under investigation. No injuries or immediate threat to communities or environment.
25 June 2026
Qatar pushes EU to amend Methane Regulation in joint open letter
Urges targeted clarifications to the EU Methane Regulation and requests stop‑the‑clock, grandfathering and penalty relief ahead of January 2027 provisions.
22 June 2026
QatarEnergy confirms 13 dead, 66 injured in Barzan facility explosion
Operational accident at Ras Laffan's Barzan facility after a recent restart; emergency teams extinguished the fire, investigation is underway while exports remain unaffected.
21 June 2026
QatarEnergy: Explosion and fire at Barzan gas supply facility during Ras Laffan start-up
An operational incident during Ras Laffan start‑up sparked an explosion and fire at the Barzan local gas supply facility; emergency teams have contained the blaze.
17 June 2026
Air Liquide wins four-year Valencia home respiratory-care contract for 90,000 patients
Valencia awards a four-year contract to provide home respiratory care for 90,000 patients using continuous telemonitoring, AI-driven adherence flags and personalised mask selection.
10 June 2026
Kemira lowers 2026 operative EBITDA outlook after Iran war-driven cost rises
Raw material and logistics cost rises from the prolonged Iran war hit Q2 results, reducing 2026 operative EBITDA guidance to EUR 400–500m despite price increases.
5 June 2026
Takeda revises FY2025 results after AMITIZA® antitrust verdict
Recorded JPY 402.5bn legal provision and JPY 58.4bn tax benefit; core results and FY2026 guidance unchanged. Company will appeal and seek a stay; district court action expected H2 2026.
3 June 2026
thyssenkrupp Steel restarts Hot Strip Mill 4 in Duisburg after 2025 furnace fire
Trial operation resumed after an October 24, 2025 deflagration; furnaces and roof repaired, technical upgrades applied, and the continuous casting line has been running since mid‑December.
1 June 2026
CATL opens world’s largest energy-storage testbed for real-world validation
10-ha, RMB3bn Xiamen facility offers open station-level validation across five labs: 35kV/100MVA grid sim, 1kV–500kV HV tests, 20MW combustion, -50–100°C climate chambers, EMC for 40-ft containers
29 May 2026
Johnson & Johnson: RYBREVANT + LAZCLUZE yields 41‑month median OS in first‑line atypical EGFR‑mutant NSCLC
CHRYSALIS-2 Phase1/1b (n=49): first-line atypical EGFR‑mutant NSCLC showed ORR 57%; 3‑yr OS 55%, 4‑yr OS 46%; 41% remained on treatment ≥2 years; safety consistent with prior reports.
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