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New Projects and Expansions news
(page 2)
7 July 2026
ADNOC, XRG and Mitsui sign strategic collaboration across the energy value chain
Framework to explore LNG, crude, sulfur, shipping, chemicals and international investments, including lower‑carbon fuels and TA'ZIZ projects.
7 July 2026
Aramco awards five-year PMC framework to Worley
Five-year Saudi framework to support major capital projects; project management consultancy, digital tools and local capability-building for energy, chemicals and resources supply.
7 July 2026
Saipem awarded USD 2 billion EPCI contract for Kutei FPSO in Indonesia
EPCI for an FPSO to serve the Kutei North Hub, tied to subsea fields and a gas export pipeline to Bontang LNG and domestic users; 48-month execution.
7 July 2026
Fluor secures long-term PMC LTA with Aramco
Long-term PMC LTA covers pre-FEED through construction management for upstream, downstream, petrochemical and infrastructure projects, using local workforce and digital delivery.
7 July 2026
ADNOC and INPEX sign 15-year SPA for Ruwais LNG
Supply deal covers 1 mtpa from the 9.6 mtpa Ruwais plant, which starts commercial operations in 2028; project now >90% commercially committed and will run on clean power.
6 July 2026
Michelin and Axens in exclusive talks to commercialize 5‑HMF
Exclusive talks aim to industrialize 5‑HMF, a bio‑based platform for resins, polymers and PEF; first ~3,000 t/yr plant scheduled to start up early 2027.
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6 July 2026
TaiSan raises £4.65m to commercialise sodium‑ion batteries
Seed funding to advance compact sodium‑ion cells for e‑bikes, light EVs and power tools; pilot tests, pack demos and scaled precursor manufacturing planned.
6 July 2026
TechnipFMC awarded Eni Baleine Phase 3 subsea contract
Design and manufacture flexible flowlines and risers to tie wells in ~1,200 m water depth to a new floating production unit for a fast‑track expansion offshore Côte d’Ivoire.
6 July 2026
RIFT's Alpha One enters FEED
Moves into Front-End Engineering Design to refine plant design, reduce technical and execution risks, and prepare an engineering package for a Final Investment Decision.
6 July 2026
Eni takes 25% stake in EnergyX’s Black Giant lithium project in Chile
$225m phased investment for a DLE lithium project with closed‑loop brine reinjection; 52.5 kton/y LCE target, staged start‑ups in 2028 and 2030 and up to 25% offtake option.
6 July 2026
Heurtey Petrochem Solutions to supply efurnace for Pacífico Mexinol methanol project
Selected as supplier of an electrical tubular furnace for a 6,130 t/d ultra-low-carbon methanol plant near Topolobampo, Mexico, targeting operation in 2030.
6 July 2026
INEOS' Sir Jim Ratcliffe urges von der Leyen to protect Europe's chemical industry
Warns China is dumping excess chemical capacity into Europe, calls for faster trade safeguards and ETS Investment Booster support for Project ONE (€5bn) low‑carbon ethylene.
6 July 2026
Eni Storage Systems breaks ground on Brindisi LFP gigafactory and BESS assembly plant
New Brindisi hub will produce LFP cells and modules, add cathode material and recycling, and target 16 GWh/year by 2030 for stationary energy storage.
6 July 2026
ADNOC launches integrated global LNG marketing and trading platform
Combines marketing arms and trading into an ADGM-based LNG hub, targeting 47 mtpa marketable LNG by 2035 and expanding shipping optionality.
6 July 2026
Avantium spins out Volta into Carbeau, secures €35.2m
Spin-out backed by strategic and financial investors to scale an electrochemical CO₂-to-chemicals platform targeting glycolic acid and compostable PLGA.
5 July 2026
MoCI and QatarEnergy to govern hydrocarbon resource allocation and expand Mesaieed medium industries area
Establish joint governance to evaluate and allocate natural gas, power and related resources to downstream industrial projects and create a medium-industries zone in Mesaieed.
3 July 2026
Petrobras starts operations at Pre‑Salt Technology Center in Itajubá (UNIFEI)
Semi‑industrial plant reproduces high pressures, temperatures and high CO₂ of pre‑salt; R$300 million R&D investment; HISEP pump final qualification tests planned H2 2026.
3 July 2026
EnviTec Biogas AG: Dividend suspended as company pivots to biomethane
AGM approves dividend suspension to preserve cash; company won EEG subsidies for ~16 MW, plans ~€100m investment to convert plants toward biomethane by 2031.
3 July 2026
Aurubis opens Complex Recycling Hamburg plant for strategic metals
New unit processes copper, lead and sulfur in one plant, raising recycling capacity and EU supply-chain resilience.
3 July 2026
ACM reserves ZILS land for antimony refinery
Antimony refinery planned at Sines industrial zone; expected to create ~150 skilled direct jobs and ~300 indirect jobs while strengthening Europe’s critical metals processing capacity.
3 July 2026
Mitsubishi Gas Chemical inks 100,000 t/y green methanol offtake with ACME Group
Starts at commercial operation in 2030; product meets ultra-low carbon intensity and targets fuel and chemical markets in Japan and Asia.
3 July 2026
Asahi Kasei adds slitting facility for SUNFORT DFR in Tainan
New Tainan slitting plant expands DFR capacity for advanced semiconductor packaging; commercial operations start this month.
2 July 2026
VIDA bioenergy Bernheze plant begins biomethane production
Bernheze plant starts injecting biomethane into the Dutch grid, ramping to 8 million m³/year and processing ~72,000 t/year of agricultural feedstock.
2 July 2026
Yara acquires Gulf Coast Ammonia Texas City plant for USD 1.3bn
Texas City ammonia plant (1.3 mtpa) bought for USD 1.3bn; commissioning underway and ramp to full, stable output targeted by end‑2026; Air Products to supply H2/N2 under long‑term contract.
2 July 2026
KEME ENERGY to develop green hydrogen and storage project at ZILS
Integrated project at Sines industrial zone with electrolysis-based hydrogen, battery storage and two multi-fuel stations offering H2 refuelling and ultra-fast EV charging.
2 July 2026
Inge Hofkens (Aurubis) elected President of European Metals
Starts July 1 for a two-year term; will push policy changes—permitting, material classification, energy and supply-chain rules—to raise recovery rates for strategic metals.
2 July 2026
ICIG builds two-site European alkoxide platform
La Rochelle operating now; Lülsdorf due end‑2027. Supplies liquid and powder alkoxides, including sodium/potassium methylate and sodium ethylate.
2 July 2026
European Commission and EIB disburse €2.5bn Modernisation Fund to 51 projects in 11 EU countries
€2.5bn from the Modernisation Fund supports 51 projects across 11 lower-income EU states to modernise energy systems, expand renewables and cut greenhouse-gas emissions.
2 July 2026
XRG gains equity across all Rio Grande LNG trains
Acquired an additional 7.6% in Trains 4–5, giving equity across all five construction trains; Trains 4–5 add ~12 MTPA and the project targets production in 1H 2027.
2 July 2026
UKAEA and Eni launch RH3OVA to provide fusion fuel-cycle services
Joint venture delivering consultancy and operational services across the fusion fuel cycle, prioritising tritium production, recovery and reuse.
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