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Crisis and Risk Management news
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.
29 May 2026
Chevron names Scott A. Keller general counsel
Scott A. Keller joins July 1 as general counsel, reports to R. Hewitt Pate, will succeed him as chief legal officer Jan 1, 2027. Keller is a leading appellate lawyer and former Texas Solicitor General.
29 May 2026
Uniper appoints Tina Hinz General Counsel & Chief Compliance Officer
Tina Hinz becomes General Counsel & CCO on June 1, 2026. Ex-Linklaters, at the firm since 2016; led financings, trading compliance, crisis stabilisation and EU compliance rollout.
29 May 2026
KazMunayGaz 2025 Sustainability Report
2025 report (GRI 2021) discloses 2023-2025 economic, environmental and social KPIs; includes SASB, IFRS S2 climate reporting with scenario analysis, GHG targets and independent verification
28 May 2026
Johnson Matthey preliminary results year ended 31 March 2026
Strategy driving cash: free cash flow £168m (+163%); pro forma underlying operating profit +6% at constant PGM/FX. Catalyst sale £1,325m on track; Cormetech buy agreed; new PGM refinery 2027.
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27 May 2026
MOL begins Olefin-1 plant restoration
Investigation done; risks cleared and approvals granted. Hydrocarbon removal continues. Cleaning, inspections and repairs start; restart may take months. Injured staff improving; fuel supply unaffected.
27 May 2026
Swiss tribunal finds Croatia failed to prove bribery against MOL's CEO
Swiss tribunal found bribery unproven and discredited key witness, but denied investor compensation, ruling the royalty clause breached Croatian mandatory law and setting a precedent for investors.
26 May 2026
BP removes chair Albert Manifold
Board unanimously removed Albert Manifold as Chair and director over governance, oversight and conduct concerns. Ian Tyler named interim chair; succession for permanent chair to begin.
26 May 2026
LKAB granted permit for Luleå critical‑minerals industrial park
Plan enables extraction of phosphorus and all 17 rare earths from iron‑ore residues; demo plant nearing operation; supports EU supply security, regional jobs; full investment pending tests.
25 May 2026
PETRONAS: Lifeboat-maintenance incident at FSO Sepat kills three
FSO Sepat lifeboat-maintenance incident involved four contractor personnel; one injured and evacuated for treatment. Investigations ongoing; company offering support and condolences.
23 May 2026
MOL opens probe into Olefin-1 incident at Tiszaújváros
Cooperating with authorities; unit draining underway for damage assessment. Two discharged, seven hospitalized (stable). Psychological support provided. Fuel supply unaffected; other units operating.
22 May 2026
MOL Petrochemicals explosion in Tiszaújváros — one dead, several injured
Fire at olefin plant is being extinguished; company cooperating with authorities. CEO en route. Company expresses condolences and regards the colleague as part of the corporate group.
22 May 2026
MOL Olefin-1 explosion in Tiszaújváros
Explosion during unit restart left one worker dead and nine injured; fire extinguished. Investigation under way. Other complex units keep running; refining and fuel supply unaffected; event insured.
21 May 2026
ADNOC deploys Taurob heavy‑duty inspection robot and co‑develops operator robot
Inspector robot conducts autonomous hazardous-site inspections with LiDAR and thermal imaging. A heavy-duty operator robot to lift, grip and turn valves in extreme temperatures — operational 2026.
19 May 2026
European Commission unveils Fertiliser Action Plan to secure EU fertiliser supply and food security
Immediate liquidity relief and CAP flexibility for farmers; boost domestic, low‑carbon and circular production; improve market transparency, monitoring, and preparedness.
19 May 2026
Takeda: Jury verdict in AMITIZA antitrust case; FY2025 results to be revised
Jury awarded USD 884,943,990 in single damages in AMITIZA antitrust trial; wholesaler/retailer sums subject to trebling. Will appeal, assess provision and revise FY2025 filings; minimal FY2026 impact.
18 May 2026
Seven MDBs Pledge Support for Middle East Conflict Impacts
Offer financing, policy, private‑sector tools and technical assistance to manage shocks to energy, food and trade — providing relief, budget support, liquidity, trade finance, firm support and resilience investments
14 May 2026
Repsol: Refining is strategic for Spain and Europe
Chairman urged removing investment barriers and securing supply amid Iran crisis. CEO forecasts 6–9% DPS growth to 2028, 30–40% of CFO for returns; AGM ok'd dividends, €350m buyback
14 May 2026
LanzaTech Q1 2026 Results
Q1: closed $30M equity raises (plus up to $20M option), going‑concern resolved; revenue $12M; net loss narrowed to $14.7M; Adj. EBITDA loss $7.9M; OpEx down 59%; India, UK, Japan milestones.
14 May 2026
Johnson Matthey 2026 PGM Market Report
PGM prices surged; platinum hit record. 2026: deficits likely for platinum, ruthenium, iridium; palladium and rhodium may have small surpluses. Strong prices boost recycling; industrial demand firm.
12 May 2026
ABO Energy achieves restructuring milestones and defines strategic priorities
Restructuring draft finds firm viable; sets strategic action areas. Targets sustainable financing by end-July. Won 7.8 MW solar tariff, bid >150 MW wind, sold 16.8 MW farm and 4.5 MW turbine.
8 May 2026
Clariant Q1 2026: Resilient performance amid Middle East conflict
Q1 sales down 2% (CHF918m); EBITDA margin fell to 17.5% (-130bp). Free cash-flow conversion rose to 54%. CHF80m savings program on track; 2026 guidance unchanged amid conflict
8 May 2026
MOL Group Q1 2026: USD 212m profit amid supply disruptions and price controls
Higher hydrocarbon prices lifted upstream; production 95.5 mboepd. Downstream hit by lower refining volumes and feedstock scarcity; Rijeka delayed coker opened. Consumer services and circulars rose.
8 May 2026
Evonik Q1: €475m adjusted EBITDA, outlook confirmed
Q1 sales fell 9% to €3.43bn; volumes -2%, prices -1%; margin down to 13.9%; net income halved to €125m; Q2 aided by customer pre‑buying; CFO change and 1,000 job cuts planned
7 May 2026
Indaver pauses processing of highly PFAS-contaminated waste
Authorities demand extra measurements and monitoring after limited historical soil contamination; four PFAS streams will be suspended while datasets and remediation checks are expanded.
4 May 2026
ADNOC launches Industrial Resilience Program to strengthen UAE manufacturing and supply chains
Five initiatives to boost local manufacturing, prioritize Made in the Emirates, add ICV+ incentives and a Multiplier tool, plus long-term demand visibility to shore up supply-chain resilience
30 April 2026
TechnipFMC Q1 2026 Results
Q1 revenue $2.49B; net income $260.5M; adjusted EBITDA $466M (or $453M ex-FX); Subsea orders $1.9B; operating cash flow $332M; free cash flow $277M; $265M buyback
30 April 2026
Borouge Q1 2026: $156M Net Profit on Operational Resilience
Q1 revenue $1.2B; production 1.21Mt (98% capacity), sales 1.09Mt. 61% of March output rerouted via alternative logistics. Prices rose 62% in March. H2 2025 dividend $658M; merger forms global polyolefins platform.
30 April 2026
BASF Q1 2026: resilient performance
Solid volume growth offset currency headwinds; EBITDA before special items €2.4bn (vs €2.5bn). Sales slightly down; free cash flow -€1.375bn. Dividend €2.25; outlook unchanged.
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