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Crisis and Risk Management news
(page 4)
4 March 2026
MOL and Slovnaft File Complaint Against JANAF for Monopoly Abuse
JANAF delays crude oil supply, citing legal checks, despite EU sanctions compliance, causing supply issues for Central Europe. MOL seeks EU intervention for fair access and pricing.
4 March 2026
QatarEnergy Announces Force Majeure
Production of LNG and related products halted; affected buyers informed. Communication with stakeholders ongoing.
3 March 2026
Grupa Azoty on Fertilizer Order Suspension
New March orders for nitrogen fertilizers are temporarily suspended, but production continues at full capacity and existing orders are being fulfilled.
3 March 2026
Dow Receives CAD $1.62 Billion from NOVA After Court Decision
Dow received CAD $1.8 billion, including damages and costs, after NOVA's appeal was denied. The payment is subject to tax withholding, expected to be refunded by year-end.
3 March 2026
Equinor Investigates Deepsea Bollsta Well Control Incident
A gas leak on Deepsea Bollsta was contained in 30 minutes. Safety systems worked, preventing escalation. Measures are in place to avoid recurrence.
3 March 2026
QatarEnergy Halts Downstream Production
Production of urea, polymers, methanol, aluminum, and other products in Qatar is being stopped. Communication with stakeholders will continue.
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2 March 2026
QatarEnergy Halts LNG Production
Military attacks on facilities in Qatar have led to a halt in LNG production. QatarEnergy is committed to keeping stakeholders informed.
26 February 2026
MOL Accuses JANAF of Legal Violations Over Russian Oil Transit
MOL demands JANAF allow unsanctioned Russian oil via sea, citing EU/US rules. Non-compliance may lead to legal action and claims for damages.
23 February 2026
Solvay Reduces Torrelavega Soda Ash Capacity for Competitiveness
Capacity at Torrelavega cut to 420 kt by 2026 due to oversupply and high costs. Sodium bicarbonate unaffected. Focus on regional customers and sustainability. 77 positions reduced.
23 February 2026
Uniper Aids Ukraine with Gas Storage Equipment
Ukraine receives technical equipment to support gas storage operations, enhancing energy infrastructure stability amid ongoing challenges.
20 February 2026
MOL Group Q4 and 2025 Results Released
Profit before tax fell 11% to USD 1.3B. Upstream faced challenges, while downstream grew. 2026 profit guidance set at USD 1.5B. Transition to holding structure and renewable expansion noted.
16 February 2026
MOL Requests Release of Strategic Oil Reserves to Ensure Supply
No oil via Druzhba since Jan 2026. MOL shifts to seaborne supply, first arrivals in March. Hungary may release 250,000 tons of reserves. 90-day reserves secure supply. Monitoring continues.
16 February 2026
MOL Requests Release of Strategic Oil Reserves to Ensure Supply
Due to halted Druzhba pipeline deliveries, seaborne crude oil is being used. Strategic reserves may be tapped if eastern shipments don't resume. Fuel supply remains stable.
13 February 2026
Elkem Q4 2025: Market Challenges Offset by Cost Improvements; Silicones Division Sale
EBITDA fell 24% YoY. Silicones sale to Bluestar boosts focus and flexibility. Safety incident in Lyon. Market uncertainties persist, but strong cost positions aid adaptation.
11 February 2026
INEOS Warns: Europe's Chemical Industry at Risk Without Immediate Action
Europe's chemical industry faces closures, job losses, and increased emissions. Urgent action needed on energy costs, carbon taxes, and trade defense to restore competitiveness.
10 February 2026
Elkem Reduces Production at Norwegian Plants
Elkem halts production at Rana and Salten due to market challenges, high inventory, and power costs, potentially leading to temporary layoffs.
9 February 2026
Symrise Antitrust Investigation Closed by U.S. DoJ
The U.S. DoJ found no unlawful practices. Symrise maintains its commitment to ethical business and anticipates similar outcomes in other investigations.
9 February 2026
Novo Nordisk Sues Hims & Hers Over Unapproved Semaglutide Products
Novo Nordisk seeks to stop Hims from selling unapproved semaglutide, citing patient safety risks and patent infringement.
3 February 2026
DOMO Polymer Solutions Spain Enters Insolvency
The company is assessing solutions under court supervision. Operations in Blanes are paused, affecting 100 employees. Restructuring options are being reviewed.
3 February 2026
QatarEnergy, METI, JERA Agree on LNG Supply for Japan Emergencies
The MoU ensures LNG supply to Japan during emergencies, highlighting Qatar's role in energy security and stable supply.
2 February 2026
Court Allows Ørsted's Sunrise Wind Project to Resume Construction
A U.S. court lifted a suspension, allowing the Sunrise Wind Project to restart construction, prioritizing safety and aiming to provide reliable power to New York.
29 January 2026
Lilly Addresses AHA Concerns on 340B Program Changes
Lilly extends claims data collection to curb 340B program abuse, countering AHA's claims of illegality and burden, aiming for transparency and patient benefit.
23 January 2026
Avantium Updates on FDCA Plant Start-Up
Start-up delayed to mid-2026 due to titanium weld issues, adding €7M in costs. Sales to begin in the second half of 2026.
20 January 2026
Infineum Subcontractor Fatality Update
A subcontractor died at Bayway Chemical Plant. The incident is under investigation. Authorities will identify the deceased after notifying next of kin.
20 January 2026
Pakistani Farmers Sue RWE Over Climate Impact
Pakistani farmers claim damages for 2022 floods, alleging significant climate impact. RWE argues such lawsuits harm legal certainty and industrial stability in Germany.
16 January 2026
Sasol Addresses Sulphurous Odour Reports in Johannesburg
Secunda Operations are stable with emissions within limits. No source identified for Johannesburg odour. Monitoring and community engagement continue.
14 January 2026
DOMO Chemicals Germany: Facilities to Operate Minimally
Saxony-Anhalt orders continued minimal operation of Leuna facilities for safety. Insolvency proceedings ongoing; employee wages secured until March.
9 January 2026
Polytechnyl Begins Judicial Reorganization
Following failed financing talks, judicial reorganization aims to ensure operational continuity and minimize disruptions, with court-appointed administrators assessing financial options.
7 January 2026
Sunrise Wind Challenges Lease Suspension in Court
Sunrise Wind seeks a preliminary injunction against a lease suspension, citing legal violations and project delays, impacting energy supply and jobs.
30 December 2025
Grupa Azoty Polyolefins Seeks EUR 2.98 Billion in Arbitration Against Hyundai Engineering
The dispute involves a contract from May 2019 for the Polimery Police Project, alleging failure to meet obligations, leading to project non-completion.
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