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New Projects and Expansions news
(page 4)
31 July 2026
OMV Petrom Group H1 2026 results
Clean CCS Operating Result 3 bn lei; net income 1.8 bn lei; CAPEX 3.7 bn lei; contribution to state budget 10.2 bn lei; Neptun Deep on track for first gas in 2027.
31 July 2026
OMV Q2 2026: Clean CCS operating result €1,706m
Strong cash flow and low leverage; all segments profitable. Chemicals lifted by Borouge International closing and higher olefin/polyolefin prices.
31 July 2026
Holcim: H1 recurring EBIT +11.5% organically, guidance upgraded
Net sales +5.2% organic H1; recurring EBIT margin 18.1%; closed Xella and Cementos Pacasmayo; FY2026 guidance raised to ~5% sales and ~10% recurring EBIT growth.
31 July 2026
Linde to invest $1 billion in Phoenix on-site gases complex for semiconductor expansion
Expands on-site gases capacity in Phoenix for two new fabs; adds two SPECTRA ASUs to supply ultra-high-purity N2, O2 and Ar; JV to invest ~$800M in Taiwan.
31 July 2026
Borouge Plc delivers 23% QoQ net profit rise despite Ruwais incident
Restored full production after 5 April incident; shipped all available volumes plus inventory; realised prices rose 53% QoQ; margins squeezed by higher logistics and propylene costs.
30 July 2026
Viva Energy and Cleanaway: NGERs reform recognises co‑processed low‑carbon fuels
Australia’s NGERs now let eligible co‑processed renewable diesel, LPG and kerosene be reported with zero Scope 1 emissions for the biogenic portion, supporting local feedstock use and refinery production.
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30 July 2026
KMG and CNOOC discuss expanding cooperation
Reviewed joint drilling and tech projects, the Zhylyoi exploration (400 lin. km 2D reprocessing; 400 km2 3D seismic due by end‑2026) and 50/50 financing.
30 July 2026
BASF: Mix of technologies required to recycle engineering plastics
Engineering plastics need tailored recycling—mechanical, solvent, depolymerisation or thermochemical—selected by waste composition; loopamid commercial plant began in early 2025; sorting and regulation are crucial.
30 July 2026
TechnipFMC Q2 2026 results
Revenue $2.76bn; net income $363m; Subsea inbound $2.5bn; cash from operations $548m and free cash flow $488m; $440m returned to shareholders.
30 July 2026
Exolum takes minority stake in SeaSeaS Amsterdam CO₂ export terminal
Open-access multimodal terminal to handle up to 3.5 million tonnes CO₂/year, operational by 2030, linking inland emitters to North Sea permanent storage by vessel, rail, road or pipeline.
30 July 2026
Arkema Q2 2026 results
EBITDA +7.4% YoY to €391m and margin 16.1%; organic sales +3.2%; raw-material cost spike prompted pricing moves; FY‑26 EBITDA guidance slightly above last year at constant FX.
30 July 2026
Heidelberg Materials reports Q2 revenue €6.04bn and narrows 2026 RCO range
Revenue rose 6% to €6,044m and RCO to €1,086m. Strategic acquisitions in North America and Turkey; new 1.25 Mt kiln in France and Padeswood CCS on schedule.
30 July 2026
Vopak H1 2026 results: raises FY outlook and declares EUR 0.72 interim dividend
Raised FY2026 proportional EBITDA and operating free cash flow guidance; first semi‑annual interim dividend of EUR 0.72; major growth and BESS investments progressing.
30 July 2026
bp starts up Atlantis Major Facility Expansion
Adds two subsea water‑injection wells to boost reservoir pressure, unlocking ~10,000 boe/d gross peak and extending the Atlantis field’s producing life.
30 July 2026
Veolia wins 20-year contract to modernize Cúcuta water infrastructure
Long-term contract to upgrade water and sanitation for 866,000 residents, cut losses below 30%, and deploy leak detection and network renewal.
30 July 2026
WACKER Q2 2026 results — PACE savings and pension effect boost earnings
Q2 sales €1.52bn; EBITDA €211m aided by cost cuts and a €36.7m pension revaluation; net income includes €243m from Siltronic sale; full‑year guidance adjusted.
30 July 2026
Technip Energies H1 2026: €12.7bn order intake and €25bn backlog
Order intake €12.7bn raised backlog to €25bn; H1 revenue €3.7bn and EBITDA €212m after provisions; Project Delivery margin guidance reduced for 2026.
30 July 2026
MAIRE: H1 2026 results — €3.7bn revenues, strong order intake and M&A in Nextchem
Revenues +6.9% to €3.68bn; EBITDA +14.7% to €266.2m; H1 order intake €7.2bn, backlog €16.3bn; Nextchem buys Ballestra and 70% of ETEK.
30 July 2026
Evonik‑licensed Leshan H₂O₂ megaplant (Fuhua) starts production
200 kt/yr industrial H₂O₂ plant began operations on 18 June 2026; will sell to the merchant market and supply a JV for further purification into specialty grades.
29 July 2026
Eni second-quarter 2026 results and updated capital plan
Double-digit underlying production growth, new JV and project FIDs, entry into critical minerals, and a larger share buyback with slightly higher 2026 production guidance.
29 July 2026
Silleno delivers project's largest fractional column
A 101.8 m, 1,500 t fractional column for ethylene separation arrived on site, built at AtyrauNefteMash and moved on an SPMT to the National Industrial Petrochemical Technology Park.
29 July 2026
SABIC Q2 2026 revenue $6.62bn; earnings fall
Q2 sales fell 5% Q-o-Q; adjusted EBITDA SAR 3.38bn; H1 dividend SAR 3.3bn; Fujian complex start-up expected Q4 2026.
29 July 2026
Uniper signs 2 mtpa long‑term LNG agreement with Ksi Lisims LNG
2 mtpa FOB for up to 20 years with first deliveries from 2032; hydro-powered liquefaction targeting ~90% lower carbon intensity; co-developed with the Nisga’a Nation.
29 July 2026
PETRONAS extends LNG supply to Hokuriku Electric and signs carbon-neutral MOU
Renewal HOA secures up to 0.54 MTPA LNG for 10 years from 2028 and an MOU to explore hydrogen, ammonia, renewables and CCS/CCUS.
29 July 2026
BASF reports stronger Q2 results, advances restructuring and portfolio moves
Earnings rose across most segments on stronger prices and volumes; Q2 sales €17.2bn and EBITDA before special items €2.4bn; full-year EBITDA guidance lifted to €6.9–7.7bn.
28 July 2026
Toray develops resin-film substrate for anode current collectors
Resin-film substrate for anode current collectors matches copper performance, cuts collector weight 50–60%, reduces cell weight ≈10%, produced at 4.5 µm and sampled to customers.
28 July 2026
Petrobras Q2 2026 own production reaches 3.34 MMboed
Record oil, NGL and gas output reached 3.34 MMboed in Q2, up 14.1% YoY; operated production 4.87 MMboed; refinery utilisation 101.2% and derivative imports at pandemic-low.
28 July 2026
bp adds TPAO as 15% partner in Kirkuk redevelopment
15% stake added to the Kirkuk redevelopment vehicle; ConocoPhillips holds 42%; project targets over 3bn boe across multiple Kirkuk fields; assets currently with NOC/NGC.
28 July 2026
Eastman and University of Tennessee extend research partnership through 2032
Six-year master research agreement includes at least $3 million in funding for sponsored projects, service agreements, student programs and on‑campus collaboration.
28 July 2026
INEOS Project ONE: final cracker modules reach Antwerp after Strait of Hormuz delay
First of two final heavy modules reached Antwerp after months trapped in the Strait of Hormuz; second expected shortly as installation and commissioning enter peak phase.
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