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Mergers, Acquisitions, and Partnerships news
(page 5)
21 May 2026
EIF commits €200m to Copenhagen Infrastructure Partners' Advanced Bioenergy Fund II
€200m backing to scale biomethane in Europe via greenfield anaerobic‑digestion plants converting agricultural waste; fund targets €1.5bn and aims to strengthen energy security.
21 May 2026
QatarEnergy, Egypt and ExxonMobil sign MoU to study Cyprus gas via Egypt LNG
MoU to study commercializing Cyprus gas via Egypt’s existing gas and LNG export infrastructure, explore flexible frameworks, boost Eastern Mediterranean integration and supply diversification.
21 May 2026
Iberdrola signs 10-year PPA with Gonvarri Industries for 26,000 MWh/year
PPA covers eight production sites in four European countries, with 100% guarantees of origin (80% wind/20% solar). It secures stable, competitive supply to boost electrification and decarbonisation.
21 May 2026
Starck International develops agricultural terminal at North Sea Port
14‑ha Vlissingen terminal to consolidate bulk agricultural flows for storage, transshipment and circular animal‑feed processing. Fast start in existing warehouses; creates dozens of jobs.
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.
21 May 2026
Gasunie, Open Grid Europe and Thyssengas to develop Netherlands–Germany hydrogen corridor
Cross‑border hydrogen link planned between Zevenaar and Elten by 2031, reusing existing gas pipelines; first phase connects the Rhine‑Ruhr region, later southern hubs such as Ludwigshafen
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21 May 2026
EemsGas secures €149.8m SDE++ operating subsidy for biomethane production
Project (>€100m) will build a demolition-wood gasification plant producing 18M m3/yr biomethane. Earlier €30m DEI+ grant. Construction 2027, operation 2029. Subsidy secures 15‑yr revenue
21 May 2026
Shofu, Tosoh, Mitsui Chemicals, Orbray launch zirconia dental-waste recycling project
Verification project to recycle zirconia dental milling waste into regenerated raw material and remanufactured blocks for reuse; practical use targeted by FY2028 with dental labs.
21 May 2026
EnviTec Biogas to deliver first EnviThan plant in Denmark for Gasum
935 Nm3/h upgrading unit in a 45-ft container with SEPURAN Green membrane, ready to feed the gas grid by year-end; enables plant to raise output from 40 to up to 70 GWh/yr.
21 May 2026
Kemira and CuspAI design AI‑generated PFAS‑removal materials
Generative AI designed novel MOFs targeting PFAS (GenX, PFBS, PFOS), screened ~300T structures, yielded 5,000 candidates narrowed to ~20 in six months; next phase: development and testing
21 May 2026
Equinor and Aker BP align to accelerate NCS development
Strategic tie-up to align ownership and speed NCS developments: 19% sale in Ringvei Vest, 38.16% Frigg UK divestment, Wisting stake to 42.5%; $23M; effective 1 Jan 2026, pending approvals.
20 May 2026
BASF Coatings named GM 2025 Supplier of the Year
Named 2025 Supplier of the Year at a 34th annual Austin event for outstanding performance, innovation and partnership; one of 103 global awardees; readies for Carlyle ownership transition in Q2 2026.
20 May 2026
Petrobras acquires 49.99% stake in Lightsource bp Brazil renewable JV
Completed formation of an equal‑managed JV in Brazil's onshore renewables, including Milagres 212 MWp PV, energy storage and advanced projects; supports 2026–2030 business plan.
20 May 2026
Gasunie opens first 32-km section of Dutch hydrogen network
King and minister inaugurated the first pipeline segment. Network planned ~1,200 km via repurposed gas pipelines, linking Dutch industry to Germany and Belgium; first plant now connected.
20 May 2026
BASF to sell silicates business and Düsseldorf assets to PQ
Silicates business and Düsseldorf assets to be sold; closing expected H2 2026. Buyer will keep operations, ensure continuity and grow the business; financial terms undisclosed.
20 May 2026
Vattenfall opens 139 MW Bruzaholm wind farm
Park in Eksjö will produce ~460 GWh/yr; ~50% allocated to Volvo under a long-term PPA. Features 38 MW/38 MWh battery, local financial support and biodiversity measures
20 May 2026
Axens and XCF Global collaborate to commercialize Vegan HEFA technology
Deal to accelerate Vegan HEFA deployment for SAF and renewable diesel: licensor retains global licensing; partner may offer project development, construction and operations. Initial term three years.
20 May 2026
BASF and Cromology convert end‑of‑life tires into binder for Tollens Maxiline+ wall paint
Chemically recycled styrene-acrylate binder from tire pyrolysis oil used in interior wall paint via mass-balance. REDcert² certified; 10 L ≈ 2 tires; reduces fossil feedstock and CO₂.
20 May 2026
Lindex and BASF introduce loopamid recycled polyamide for lingerie
A recycled polyamide 6 made from textile waste can recycle blended fabrics, match virgin quality for multiple cycles; lingerie items using it are planned for early 2027.
20 May 2026
bp signs three PSCs in Indonesia
Signed three PSCs in Indonesia: Bintuni and Drawa near Tangguh LNG (potential short‑cycle development) and Barong in East Java, raising participation to 11 blocks; part of 2025 bidding round.
20 May 2026
APA appoints Worley as engineering partner for Australia’s gas transmission network
Three-year engineering partnership to deliver scalable gas transmission and storage upgrades—boosting capacity, flexibility and resilience through replication, digital delivery and standardization.
20 May 2026
QatarEnergy acquires stakes in three offshore Uruguay exploration blocks
Stakes acquired in three offshore Uruguay blocks: 18% in OFF‑4 (APA operator 50%), 30% in OFF‑2 (Shell 70% op), 30% in OFF‑7 (Shell 40%, Chevron 30%). Areas 11,155–18,227 km², depths 40–4,000 m.
19 May 2026
Heidelberg Materials to acquire 10% stake in AmeriTex Pipe & Products
Deal includes long-term material supply agreements with a leading Texas reinforced-concrete pipe manufacturer operating automated plants near San Antonio/Austin, DFW and Houston; terms undisclosed.
19 May 2026
Borouge and AD Ports Group explore UAE East Coast export hub
Partnership to study an alternative East Coast export hub to boost export continuity, operational flexibility and logistics resilience, building on a long-standing 2001 collaboration.
19 May 2026
Equinor signs 5-year gas supply deal to Germany
Five-year contract supplies ~2.2 TWh/yr of Norwegian gas to Germany from April 2026, with ~9% lower upstream GHG intensity tracked by guarantees of origin.
19 May 2026
Repono launches 202 MW BESS in Romania with Gunvor and enspired
202 MW/404 MWh BESS in Argeș, Romania — one of SE Europe's largest. Project will be commercially managed and optimized for multiple revenue streams; COD targeted Q2 2027 pending financing.
18 May 2026
Dow launches Coolant Care Network for data center liquid cooling
End-to-end coolant management for data centers: approved labs and service providers, centralized data review, expert analysis and field support to improve uptime and cut operational risk.
18 May 2026
NRC Issues FONSI for Dow and X-energy Long Mott Nuclear Project in Texas
NRC completed an Environmental Assessment and issued a FONSI for a proposed advanced SMR at Seadrift, Texas, clearing a key Construction Permit step to supply electricity and industrial steam.
18 May 2026
Aramco and Pasqal launch Saudi Arabia’s first quantum computer and the Middle East’s first QCaaS platform
Located in Dhahran, a 200-qubit neutral-atom QPU offers low-latency cloud access for industrial apps, enabling optimization, simulation and AI for energy, materials, logistics, CO2 storage; workforce training.
18 May 2026
Merck: sac‑TMT meets OS and PFS endpoints in Phase 3 TroFuse‑005 for advanced/recurrent endometrial cancer
TroFuse‑005 (776 pts) showed significant OS and PFS improvement vs chemotherapy in advanced/recurrent endometrial cancer after platinum and anti‑PD‑1/PD‑L1 therapy; ORR met; safety consistent.
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