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Mergers, Acquisitions, and Partnerships news
17 July 2026
SONATRACH and Siemens Energy sign MoU on maintenance, green hydrogen and compression
MoU to co-develop maintenance and repair solutions, training, digitalisation and predictive maintenance, and to support local green steel and green ammonia value chains.
17 July 2026
SONATRACH and Bosch sign MoU to explore green hydrogen in Algeria
MoU to explore green-hydrogen projects in Algeria, including electrolyser manufacture, hydrogen production and technical knowledge exchange.
17 July 2026
bp brings ConocoPhillips into Kirkuk redevelopment
A 42% stake will support redevelopment of Kirkuk oil fields, with an initial >3 billion boe production phase across Baba, Avanah, Bai Hassan, Jambur and Khabbaz.
17 July 2026
Honeywell Technologies completes acquisition of Johnson Matthey Catalyst Technologies
£1.325bn cash deal expands catalyst portfolio across refining, petrochemicals and renewable fuels; integrates catalyst expertise with automation and digital offerings for end-to-end solutions.
16 July 2026
Alfen and CATL partner on 5 GWh sodium‑ion storage deployment in Europe
Joint plan to deploy 5 GWh of sodium‑ion battery storage across Europe to cut costs, diversify supply and reduce exposure to lithium price swings.
16 July 2026
SABIC and Rongsheng sign PDA for Jintang New Materials project in Zhoushan
Evaluating up to 50% stake in Zhoushan advanced-materials project; PDA sets framework toward a potential FID and joint development.
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16 July 2026
WISA Group Plc: Finnish regulator approves demerger and listing prospectus; leadership team appointed
Regulator approved the Finnish-language prospectus for the plywood carve-out; EGM, demerger completion and Nasdaq Helsinki listing set for Aug–Nov 2026.
16 July 2026
Lilly to acquire AtaiBeckley to add rapid-acting neuroplastogen pipeline
Adds BPL-003 (mebufotenin benzoate intranasal) and VLS-01 (DMT buccal); upfront $6.75/share plus up to $2.50/share CVR tied to development, regulatory and DEA-rescheduling milestones.
16 July 2026
Uniper supplies Q1 Energie AG with bio‑LNG
Initial delivery expands bio‑LNG availability for heavy road transport; biomethane is liquefied at Gate Rotterdam, shipped in ISO tanks to Germany and distributed to filling stations.
15 July 2026
PureCycle, Mitsui and RM TOHCELLO to bring recycled PP to BOPP film in Japan
Aiming to introduce recycled polypropylene into BOPP flexible packaging; pilot runs successful and a commercial agreement is targeted for 2027 ahead of shipments subject to import clearance.
15 July 2026
GSK completes Nuvalent acquisition, adds three NSCLC assets
Adds three NSCLC assets including two under FDA review for ROS1 and ALK with target decisions later this year; expected 2026 launches; deal valued at ~$10.6bn.
15 July 2026
Johnson & Johnson Q2 2026 results and raises 2026 outlook
Quarterly sales topped $25.3B; adjusted net earnings and EPS rose, free cash flow improved, and full-year revenue guidance was raised above $100B for the first time.
15 July 2026
BASF raises 2026 EBITDA outlook after stronger Q2 results
Q2 sales rose 16% to €17.2bn; EBITDA before special items €2.4bn; net income lifted by a €3.9bn disposal gain; full-year EBITDA guidance raised to €6.9–7.7bn.
14 July 2026
Olin and Huntsman: SEC Declares S‑4 Effective for Planned Merger
SEC declared the Form S‑4 effective; special shareholder meetings set for Aug 25; closing expected H1 2027; transaction targets >$400M in synergies and broader vertical integration.
14 July 2026
Evonik and evitria launch eviCHO CHO‑K1 transient expression kit
Ready-to-use CHO‑K1 transient expression kit simplifies lab workflows and speeds consistent protein production for early-stage biologics research.
14 July 2026
Mitsui Chemicals to establish MC Dental Holdings America as oral-care global HQ
New US holding will become the global headquarters for the group's oral care business after the Ultradent acquisition; establishment moved up to July 2026.
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.
14 July 2026
Topsoe and Sasol license G2L SAF technology to Allied Biofuels for Uzbekistan plant
License and engineering deal to supply G2L eSAF and bio‑SAF technology for a Khorezm plant producing about 300,000 t SAF/eSAF annually; FID 2027, commercial ops targeted 2030.
13 July 2026
Galp 2Q26 trading update and Moeve downstream talks
Moeve tie-up aimed for H2 2026; provisional 2Q26 shows 127 kboepd production, $16.8/boe refining margin and 2.3 GW renewables capacity.
13 July 2026
Eni and BMW Group agree use of Enilive HVOlution for BMW corporate fleets
Corporate fleets to run on 100% HVO diesel from renewable feedstocks with per-vehicle traceability and station coverage across Italy, Germany and Austria.
13 July 2026
AkzoNobel confirms Nippon Paint €7.5bn offer for Decorative Paints
Multiple conditional, non-binding proposals received; Boards say the offer undervalues the business and continue to support the Axalta merger.
13 July 2026
Sinopec completes reorganization of China Aviation Oil into wholly‑owned subsidiary
Reorganization finalised; the aviation fuel business is now a wholly‑owned second‑level subsidiary, with integration to accelerate building a world‑class aviation energy supplier and deepen Party‑led governance.
13 July 2026
PETRONAS and Shizuoka Gas renew 30‑year LNG partnership
SPA for ~0.84 MMT LNG over seven years starting 2032; adds supply flexibility and reliability and includes plans to explore decarbonisation collaboration.
13 July 2026
Lhyfe and Messer: 10-year renewable hydrogen supply deal and 30% equity in four sites
10-year offtake plus minority equity in four European renewable hydrogen sites; minimum volumes start in 2026 and ramp to several hundred tonnes per year.
11 July 2026
Sinopec completes reorganisation of China Aviation Oil
Reorganisation aims to strengthen aviation fuel supply security, accelerate SAF scale-up and integrate production-to-sales for greater international competitiveness.
10 July 2026
Hansoh Pharma: Ris‑Rez (risvutatug rezetecan) ARTEMIS‑008 shows overall survival benefit in Chinese SCLC patients
Phase III trial met overall survival endpoint in advanced or relapsed small‑cell lung cancer in China, with consistent secondary benefits and no new safety signals.
10 July 2026
POSCO HOLDINGS expands into lithium and energy under 'Triple-core' portfolio
Triple-core portfolio to shore up supply chains; aims Global Top 5 lithium by 2033, KRW 16.7T investment in 2026–2028, and KRW 187T revenue by 2035.
9 July 2026
Petrobras completes acquisition and operatorship of São Tomé and Príncipe Block 3
Consortium now set with operator at 75% and partners at 15% and 10%; move supports reserve replenishment through new-frontier exploration.
9 July 2026
OXEA FID for Bay City capacity expansion with Air Liquide syngas unit
Major Gulf Coast plant expansion will raise propionaldehyde output, enable propanol and butanol production, add syngas feedstock with CO₂ recirculation, and target completion by end‑2028.
9 July 2026
INEOS and Recuro to build advanced pyrolysis recycling plant at Bamble (33,000 t/yr)
Advanced pyrolysis plant at Bamble will process 33,000 t/yr of end-of-life plastics, powered by renewable energy to produce recycled ethylene and virgin-quality recycled polyethylene.
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