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New Projects and Expansions news
(page 3)
7 August 2026
VolagHy awarded EIB-backed Project Development Assistance
First large-scale efuel project in Finland selected for EU Innovation Fund PDA with EIB Advisory to strengthen technical and financial structuring and speed investment readiness.
6 August 2026
GRILLO leads ZACK zinc‑ion battery project
Three-year project to develop water-based acidic zinc‑ion batteries from sustainable raw materials as a low-cost stationary alternative to lithium‑ion.
6 August 2026
Happy Cups makes first cup from Caleyda® (Paques Biomaterials)
Reusable festival cup moulded from locally produced PHA (Caleyda) for the first time; material validated for processing and food-contact approval preparations underway.
6 August 2026
bp to acquire Woodside’s 70% stake in Calypso (Block TTDAA 14)
Acquisition will raise ownership to 100% and operatorship of the Calypso deepwater gas project offshore Trinidad and Tobago; deal expected to close by end‑2026 pending approvals.
6 August 2026
PureCycle Technologies Q2 2026 results and commercial ramp
Revenue $4.5M; first P&G resin deliveries; PureFive approved as post‑consumer recycled content in New Jersey; Ironton compounding online; liquidity $236.9M.
6 August 2026
Petrobras posts R$52.4bn Q2 2026 profit
Quarterly results bolstered by record own oil output, above-100% refinery utilization and higher derivative production, supporting cash generation and lower imports.
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6 August 2026
Infinium and American Airlines deliver eSAF on commercial passenger flight
First delivery of electro‑SAF made from waste CO₂ and renewable electricity allocated to a commercial passenger flight; fuel was blended and tested to meet ASTM JetA.
6 August 2026
ORLEN Group posts record Q2 2026 profits and PLN 14.7bn H1 capex
Q2 results: revenue PLN 76.5bn, LIFO EBITDA PLN 13.9bn, net profit PLN 7.7bn; record foreign retail profits and H1 capital expenditure PLN 14.7bn.
6 August 2026
China Sinopec — Continental Shale Oil project mid‑year coordination meeting
Leadership reviewed progress and set targets to scale shale oil via sci‑tech industry finance innovation, tech breakthroughs and strengthened talent and integration mechanisms.
6 August 2026
Aurubis raises full‑year outlook after stronger Q3 and major project progress
Group EBT and ROCE improved; Q3 outperformed prior quarters; large recycling plant started and ~90% of €1.7bn investment programme completed.
6 August 2026
Worley wins engineering contract for USSM multi‑metallic processing hub
Engineering, procurement and construction support for a cobalt refinery and black‑mass line to convert cobalt hydroxide and battery black mass into critical metals.
5 August 2026
thyssenkrupp Rasselstein agrees 20-year PPA for 8 MW on-site PV with VSB (TotalEnergies)
On-site PV to deliver ~8 GWh/year from mid-2027, supplied under a 20-year PPA to cut the plant’s carbon footprint and hedge part of its power needs.
5 August 2026
Sasol commissions Envision for Sasolburg green hydrogen design study
Study to assess integration of renewables, storage and electrolysers for green hydrogen to supply eMethanol and potential eSAF; design phase completes later this year.
5 August 2026
Eli Lilly Q2 2026 results: revenue +48%, raises guidance; retatrutide package complete
Revenue rose 48% to $23.0bn driven by Mounjaro and Zepbound; updated 2026 revenue guidance to $85–87bn; retatrutide Phase 3 package complete supporting a Q1 2027 BLA.
5 August 2026
DuPont FilmTec Fortilife XC220 wins Sustainability Product of the Year
High-pressure reverse osmosis element reaches 220 g/L NaCl to push membrane treatment into ZLD/MLD, enabling higher water recovery, reduced liquid waste and selective salt recovery.
5 August 2026
DuPont expands Corian® Design distribution with Hallmark and Parksite
Expanded partnerships increase coverage across Mid-Atlantic and Midwest, improve regional service and support the 2026 Nature in Motion color launch.
5 August 2026
Takeda's ORZEYFUL (oveporexton) approved by FDA for narcolepsy type 1
First-in-class oral OX2R agonist for adults with NT1; Phase 3 showed symptom-wide benefit including daytime sleepiness and cataplexy; DEA scheduling pending before distribution.
5 August 2026
ORLEN opens Marine Transshipment Terminal in Gdańsk
New terminal enables direct tanker loading/unloading at the Gdańsk refinery; capacity up to ~1.8–2.0 Mt/yr, first-year ~0.5 Mt and ~100 vessels; cost nearly PLN 500 million.
4 August 2026
POSCO DX becomes AI Native, advancing Physical AI and Agentic AI
Rolling out Physical AI for heavy equipment and robotisation while launching Agentee to run AI-agent lifecycles; 200+ agents live and targeted 30% accounting productivity gain.
4 August 2026
ORLEN acquires 216 MW hybrid solar‑wind project in Greater Poland
216 MW hybrid PV and wind complex in Kazimierz Biskupi to produce ~315 GWh/year, use cable pooling and join nearby Kleczew to form a 485 MW onshore renewables cluster.
4 August 2026
Aramco Q2 and H1 2026 results
Strong H1 profits and cash flow; Q2 free cash flow hit by $13.6bn working-capital build. Dividend declared and key upstream/gas projects on track for 2026–27 completion.
3 August 2026
Mitsubishi Chemical installs 1,982.4 kW floating PV at Hiroshima plant
1,982.4 kW floating PV on the plant's regulating reservoir started Aug 1, 2026; on-site PPA with KYORAKU; reduces ~1,000 t‑CO2/yr (≈2.2 GWh).
3 August 2026
Essar marks 15 years of Stanlow ownership
Stanlow refinery: £1bn modernisation, recent £100m turnaround (+8% throughput) and hydrogen-ready furnace; £4.3bn decarbonisation pipeline with >£1bn near FID and c.5,000 UK jobs supported.
3 August 2026
Sinopec's Xinjiang Petroleum exports first No.0 diesel to Kyrgyzstan
First batch of No.0 automotive diesel cleared customs at Torugart Port, opening an overland energy export channel from Xinjiang to Central Asia.
1 August 2026
CATL and Pinglu Canal Group to build zero-carbon energy system for Pinglu Canal
Pilot electric ships to use marine batteries with a 'battery bank' leasing service, plus wind/solar, storage, microgrids and an intelligent carbon-monitoring system along the canal.
31 July 2026
POSCO Group signs MOU with Meteoric Resources to secure Brazilian rare earths
MOU covers long-term supply, possible equity investment and definitive agreements to channel Brazilian rare earth intermediates into refining for permanent-magnet makers.
31 July 2026
Sasol and partners commission 2 kW HySA PEM electrolyser in Sasolburg
A 2 kW PEM electrolyser will be used for testing, skills development and system integration under variable renewable power, supporting localisation and PGM beneficiation.
31 July 2026
KazMunayGas and CITIC Group deepen strategic partnership
Joint venture KBM produced 1.018 MMt in H1; Coastal Zone drilling and reserves expanded; CASPI BITUM upgraded to 1.5 MMtpa refining and 750 Ktpa bitumen output.
31 July 2026
KazMunayGas and Sinopec review joint projects
2D (900 km) and 3D (300 km2) seismic work ahead of a 7,000 m ultra‑deep well; 1.25 MMtpa PE plant >34% complete; Aktobe output target 800 Kt by 2028; CCUS working group proposed.
31 July 2026
Moeve H1 2026: €1.2bn Clean CCS EBITDA; 69% of H1 capex to energy transition in Spain
Net income €458m, capex €605m and operating cash flow €762m; leverage fell to 1.2x; groundbreaking for 300 MW Andalusian Green Hydrogen Valley on Sept 17; Galp merger talks continue.
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