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Crisis and Risk Management news
(page 3)
20 March 2026
WACKER raises silicone prices effective April 1, 2026
Middle East conflict disrupted energy, raw-materials and trade routes, raising oil, gas, feedstock and logistics costs. Silicones unit affected; customers will be notified.
19 March 2026
QatarEnergy: Missile strikes cut LNG export capacity 17%, $20bn annual loss
Missile strikes at Ras Laffan damaged LNG Trains 4 & 6; repairs may take 3–5 years with force majeure on contracts. Pearl GTL offline ≥1 year; condensate, LPG, naphtha and helium production affected.
19 March 2026
Technip Energies: Gulf region update
Monitoring Gulf after attacks on Riyadh refinery and Ras Laffan LNG; no injuries or damage at operated sites; precautionary shelter-in-place and relocations; coordinating with authorities.
19 March 2026
Hungary refuses to recognize Croatian convictions against MOL Group CEO
Budapest court ruled Croatian convictions incompatible with Hungarian law, citing fair-trial and defense breaches, after ICSID/UNCITRAL found no corruption and INTERPOL lifted the warrant
19 March 2026
Equinor Annual Report 2025
Record production and strong cash results in 2025; safety improved; adjusted operating income $27.6B; production 2,137 mboe/d; renewables +25%; emissions −34% since 2015.
19 March 2026
QatarEnergy: Missile Attacks Damage LNG Facilities
18 Mar strike at Ras Laffan damaged Pearl GTL. Early 19 Mar missile attacks hit multiple LNG sites, causing large fires and extensive damage; emergency teams responded, no casualties.
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18 March 2026
Boliden: Garpenberg mine production suspended after seismic activity
Garpenberg mine evacuated March 14 after heightened seismic activity; concentrator stopped March 15. Inspections began March 18; gradual restart pending inspections; timing and impact unknown.
18 March 2026
BASF raises European Home Care, I&I and Industrial Formulators prices up to 30%
Prices increased up to 30% (higher for some items), effective immediately or per contracts, citing raw material volatility, rising logistics, packaging and energy costs across Europe.
16 March 2026
Neste Advocates Strong Anti-Fraud Measures in Biofuels Supply Chains
Neste emphasizes rigorous supplier audits, traceability, and collaboration to combat fraud in renewable raw materials, ensuring compliance and authenticity in its supply chains.
16 March 2026
Equinor Completes Investigation of Mongstad Fatal Accident
An internal probe into a fatal crane accident at Mongstad identifies safety improvements for lifting operations. Measures are being implemented to prevent future incidents.
16 March 2026
Garpenberg Mine Incident - Boliden
A rock fall at Garpenberg mine led to injuries and evacuation due to increased seismic activity. Production halted pending safety inspections.
13 March 2026
MOL and Slovnaft File Complaint Against JANAF's Pricing Practices
JANAF's pricing is deemed excessive and unjustified, impacting energy supply security. MOL and Slovnaft have raised concerns with the European Commission over these practices.
10 March 2026
Ercros: Selling Shares Means Missing Future Gains
Shareholders selling now miss future synergies. Bondalti's bid may hinder Ercros' 3D Plan and strategic investments. Energy price risks persist amid geopolitical tensions.
10 March 2026
ABO Energy Bondholders Approve Restructuring
Bondholders support restructuring, waive termination rights, and elect a joint representative to negotiate agreements, ensuring continued progress for the company's recovery plan.
9 March 2026
MOL Group and JANAF Begin 10-Month Adria Pipeline Capacity Tests
The Adria pipeline undergoes 10-month tests to assess transport performance, logistics, and capacity, involving international experts. Results aim to resolve capacity debates by 2027.
7 March 2026
Aurubis Hamburg Site Fatal Accident
A deflagration during routine operations led to a fatality and minor injury. The fire was controlled, and authorities are investigating. No environmental threat occurred.
6 March 2026
Heidelberg Materials Closes Paderborn Cement Plant
Due to declining demand, the Paderborn plant will close, affecting 53 jobs. Heidelberg offers internal transfers. Quarry and concrete operations remain. Ternocem production moves elsewhere.
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.
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.
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