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New Projects and Expansions news
(page 26)
12 March 2026
ORLEN Expands LNG Fleet with Two New Carriers
Two advanced LNG carriers boost energy security, operational flexibility, and global trade capabilities, supporting Poland's energy transition and regional gas supply.
12 March 2026
POST-PURPLE Launches Zero-Waste Urban Biorefineries Initiative
The project converts urban waste into resources, reducing emissions and enhancing sustainability in waste treatment through innovative bio-based technologies.
12 March 2026
RWE Reports Strong 2025 Financials, Plans Growth to 2031
RWE plans €35B investments by 2031, boosting capacity to 65 GW. Focus on US and Germany, with 10% annual dividend growth. Earnings per share to rise from €2.48 to €4.40.
12 March 2026
Asahi Kasei Installs Electrolyzer at Finland's First Hydrogen Station
The electrolyzer will produce 400kg of hydrogen daily, supporting hydrogen-powered transport in cold climates and demonstrating technology reliability and scalability.
11 March 2026
Repsol, TotalEnergies, Shell Begin Oil Production at Brazil's Lapa Southwest
Lapa Southwest adds 25,000 barrels/day, boosting Lapa field to 60,000. Three wells tie-back to FPSO. Repsol focuses on Brazil for growth, with Raia Project set for 2028.
11 March 2026
Port of Rotterdam: Demand Uncertainty Delays Hydrogen Terminal Investments
Investment in hydrogen terminals is stalled due to demand uncertainty, policy clarity, grid congestion, and infrastructure issues, with operations expected post-2030.
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11 March 2026
OMV Petrom Joins Shell and TPAO in Bulgarian Offshore Project
OMV Petrom acquires 25% stake in Han Tervel offshore block. Focus on 3D seismic data analysis and potential drilling. Awaiting Bulgarian Government approval.
11 March 2026
TotalEnergies Launches Lapa South-West Project
The Lapa South-West project boosts production by 25,000 barrels/day, aligning with TotalEnergies' strategy for low-cost, low-emission growth in Brazil.
11 March 2026
Rompetrol Rafinare Launches New Polymer Grade
Rompetrol's new polypropylene copolymer targets automotive and food sectors, offering enhanced properties. Initial production reached 187 tons, with an annual estimate of 11,000 tons.
11 March 2026
Uniper Meets 2025 Financial Targets, Proposes €0.72 Dividend
Uniper's 2025 earnings fell from 2024, but it plans €5B investments and long-term gas contracts to boost supply security and growth.
11 March 2026
SOCAR President at US-Azerbaijan Trade Conference
The conference in Washington focused on enhancing US-Azerbaijan trade, energy cooperation, and regional integration, highlighting Azerbaijan's role in Europe's energy security.
11 March 2026
Sinopec Launches Recycling Technology Co.
In Nanjing, a new company focuses on waste plastic recycling, supporting green development with investment, resource management, and technology, aiming for global leadership in resource recycling.
11 March 2026
Elkem Restructures and Cuts Costs to Boost Competitiveness
Elkem introduces a new structure, reduces workforce by 300, and cuts costs by NOK 1.9 billion to enhance profitability amid market challenges.
10 March 2026
EU Measures to Boost Energy Independence and Affordability
The EU plans to invest in clean energy, enhance infrastructure, and empower citizens to reduce energy costs and reliance on imports, aiming for a resilient and competitive energy system.
10 March 2026
IFF Expands in Latin America with New Enzyme Hub and Brazil Lab
IFF enhances Latin American operations with enzyme production in Argentina and a home care lab in Brazil, boosting innovation and regional market support.
10 March 2026
Repsol to Invest €10 Billion by 2028, Focus on Spain and Portugal
Repsol plans €8.5-10B investment by 2028, focusing on growth, efficiency, and low-carbon projects, with 30-40% of cash flow for shareholder returns.
10 March 2026
BASF Launches Biomass Balance Polyether Polyols in North America
BMB polyether polyols, ISCC PLUS certified, offer sustainable, drop-in solutions for sleep, automotive, and CASE industries, reducing carbon footprint without process changes.
10 March 2026
KT-Kinetics Technology Completes Rijeka Refinery Upgrade in Croatia
The project included a new delayed coking unit and process revamp, overcoming challenges like COVID-19 and geopolitical issues, with key stakeholders attending the completion ceremony.
10 March 2026
RWE and Vestas Finalize Turbine Deal for Vanguard East Wind Farm
92 turbines to power Vanguard East, with commissioning in 2030. Final investment decision expected in summer 2026. Project to supply electricity to 1.5 million UK homes.
10 March 2026
Munich Airport Secures Wind Power from RWE
Munich Airport's 10-year PPA ensures 40 GWh/year from RWE's Nordseecluster A wind farm, aiding its NetZero 2035 goal and cutting 13,000 tonnes of CO2 annually.
10 March 2026
Covestro and Fraunhofer UMSICHT Launch Smart Pyrolysis Pilot for Foam Recycling
A 2kt/year pilot plant will recycle polyurethane foam into high-purity aniline for MDI, reducing carbon footprint by up to 40%. Operational by 2028, it targets hard-to-recycle rigid foam.
10 March 2026
ORLEN Confirms Gas Discovery in North Sea's Sleipner Area
Gas and condensate found in Frida Kahlo prospect, estimated at 7.2 million barrels. Production to start by 2026 using existing infrastructure, reducing costs and time.
10 March 2026
Sekisui House Launches Japan's First Circular Window Glass Recycling Project
The project aims to recycle window glass from renovations into new glass, reducing waste, conserving resources, and lowering emissions through a closed-loop supply chain.
10 March 2026
Equinor Finds Oil and Gas in North Sea
Oil and gas found in Troll and Sleipner areas, leveraging existing infrastructure. New discoveries support ongoing energy supply and exploration efforts on the Norwegian continental shelf.
10 March 2026
Aramco Reports Q4 and FY 2025 Financial Results
Strong 2025 financials: $104.7B net income, $85.4B free cash flow, 3.8% gearing. $85.5B shareholder distributions, AI-driven $5.3B value, 70% localization, gas expansion on track.
10 March 2026
BASF Expands Ultrason® P Portfolio for EU Food-Contact Compliance
Six new PPSU grades comply with EU regulations, enabling a smooth transition for manufacturers of high-temperature food-contact articles.
9 March 2026
Infineum Opens New Blending Facility in India
The new facility in Patalganga enhances supply reliability, supports local manufacturing, and aligns with India's growth and sustainability goals.
6 March 2026
Petrobras 2025 Net Profit Hits R$ 110 Billion
Despite a 14% Brent price drop, increased oil and gas production drove strong financial results, with R$ 200 billion in operational cash flow and significant investments in E&P projects.
6 March 2026
Gasunie 2025 Report: Advancing Resilient and Sustainable Energy Systems
Invested €1.2B in energy security and transition. Hydrogen, CO2 projects near completion. Net profit rose to €85M. Gas transport up, especially to power stations.
6 March 2026
Iberdrola Acquires First Wind Farm in Victoria, Australia
Iberdrola acquires Ararat Wind Farm, expanding its presence in five Australian states and reinforcing its renewable energy strategy with a 242 MW capacity.
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