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New Projects and Expansions news
(page 40)
16 February 2026
Chevron Secures Four Offshore Leases for Greek Exploration
Chevron and HELLENiQ ENERGY sign agreements for offshore exploration in Greece, focusing on seismic work to assess hydrocarbon potential. Awaiting Greek Parliament ratification.
16 February 2026
BASF Boosts BDO Production in Ludwigshafen for European Supply Security
Increased BDO output supports stable supply and strengthens downstream markets, focusing on sustainability and long-term European partnerships.
15 February 2026
Westlake Epoxy Expands Partnership in India
The partnership extends to South and West India, enhancing access to epoxy solutions for CASE and construction markets with local expertise and reliable supply.
14 February 2026
Eni Announces Major Oil Find in Angola's Algaita-01
The Algaita-01 well in Block 15/06, offshore Angola, reveals 500 million barrels of oil, with existing infrastructure boosting development potential.
13 February 2026
Blue Circle Olefins and Chane Partner for Rotterdam Facility
They signed a co-siting agreement for a 200 kton olefins facility in Rotterdam, leveraging logistics and storage for renewable methanol feedstocks.
13 February 2026
SkyNRG Begins Construction of First SAF Plant in the Netherlands
The plant will produce 100,000 tonnes of SAF annually, cutting GHG emissions by up to 90%. KLM is the main off-taker. Construction follows a seven-year development phase. Completion is due in 2028.
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13 February 2026
Reju Selects Lacq for French Textile Regeneration Hub
The facility will recycle textiles into polyester, creating jobs and supporting France's circular economy and decarbonization efforts.
13 February 2026
Sinopec's Natural Gas Power Project Connects to Grid
Sinopec's project uses natural gas pressure differences for power, generating over 10,000 kWh by Feb 12, reducing costs and enhancing energy efficiency with intelligent control systems.
13 February 2026
OMV Petrom Launches Photovoltaic Project at Petrobrazi Refinery
A 7 MW photovoltaic park will be built for internal power at Petrobrazi, aiding decarbonization and green hydrogen production, co-financed by the Modernisation Fund.
12 February 2026
PETRONAS Expands Exploration with Oman Block 18 Acquisition
PC Oman Ventures Ltd partners with OQEP for oil and gas exploration in Oman's Block 18, enhancing its upstream portfolio and strategic presence in the region.
12 February 2026
Tengizchevroil 2025 Performance Highlights
In 2025, $10.6B paid to Kazakhstan, crude oil output rose, emissions cut by 78%, 71% local content achieved, and social programs benefited 10,000 in Atyrau.
12 February 2026
Technip Energies Secures Contract for SkyNRG's SAF Project in Netherlands
Technip Energies will handle EPCC for Europe's first standalone SAF facility in the Netherlands, producing 100,000 tons annually using HEFA technology.
12 February 2026
SkyNRG Begins Construction of Delfzijl SAF Plant
The plant will produce 100,000 tonnes of SAF annually, cutting GHG emissions by up to 90%. KLM is the main off-taker. Construction starts after securing non-recourse project financing.
12 February 2026
Eni, YPF, XRG Advance Argentina LNG Project
The agreement advances a 12 mtpa LNG project in Argentina, initiating FEED and aiming for a final investment decision by late 2026.
12 February 2026
Sinopec Phenol Debuts in International Market
Sinopec's phenol export to New Zealand marks its international debut, achieved through strategic market analysis, efficient coordination, and meeting customer specifications.
12 February 2026
Sinopec Capital Invests in Jushi's Shanghai Listing
Jushi, a leader in fiber-reinforced materials, issued 261M shares to boost production and R&D. Future collaboration will focus on carbon fiber and clean energy applications.
12 February 2026
thyssenkrupp Q1 2025/2026: Sales Down, EBIT Up, Forecast Confirmed
Order intake fell due to prior major contracts. Sales dropped 8%, but EBIT rose 10% via APEX program. Transformation progresses with strategic moves in various segments.
12 February 2026
ORLEN Aviation Expands to Prague Market
ORLEN Aviation secures a license to refuel aircraft at Prague Airport, marking its first international operational contract, starting Q2 2026.
12 February 2026
NEXTCHEM Expands Polymer Portfolio with NXPand Suite and Launches NX CONSER PolyFlex Technology for Spandex Production
NX CONSER PolyFlex offers sustainable PTMEG production for spandex, using both conventional and bio-based feedstock, enhancing flexibility and resistance for high-growth textile markets.
11 February 2026
PETRONAS Unveils Malaysia Bid Round 2026 to Boost Energy Investment
MBR 2026 offers nine exploration blocks and six resource opportunities, aiming to attract investment and enhance Malaysia's energy sector through strategic partnerships and technology-driven solutions.
11 February 2026
QatarEnergy Secures Libya Offshore License
QatarEnergy and Eni win rights to explore offshore block O1 in Libya's Sirte Basin, marking the first Libyan bid round since 2007.
11 February 2026
Fluor to Expand Centrus' Uranium Enrichment Plant in Ohio
Fluor will lead engineering, procurement, and construction for Centrus' Ohio plant expansion, boosting LEU and HALEU production and creating over 1,300 jobs.
11 February 2026
Eni Secures Offshore Exploration License in Libya
The consortium will explore a 29,000 sqkm block in the Sirte Basin, conducting seismic and drilling activities over five years. Agreement signing is expected in Tripoli by February's end.
11 February 2026
EIB and Solas Capital Boost Energy Efficiency for European Businesses
EIB invests €60M in a platform to enhance SME energy efficiency, aiming to mobilize €400M for technologies like LED lighting and solar systems, reducing costs and carbon footprint.
11 February 2026
MOL Group Joins Repsol and TPAO in Libyan Offshore Venture
The consortium won rights to explore Libya's O7 offshore block, covering 10,300 km² in deepwater, enhancing supply security and diversifying sources.
11 February 2026
Aramco's iktva Program Reaches 70% Local Content Target
iktva added $280B to Saudi GDP, attracted $9B investment, created 200,000 jobs, and aims for 75% local content by 2030, enhancing supply chain resilience and economic growth.
11 February 2026
Neste Opens Lubricants Warehouse in Jönköping
Neste's new warehouse in Sweden enhances delivery speed for its high-quality lubricants, including the eco-friendly Neste ReNew line, supporting customers across Scandinavia.
10 February 2026
Sinopec Capital chosen as financial-services pilot in 2025 hi‑tech industrialization program
A national pilot program aims to speed lab-to-market transitions, aligning industrial supply and demand and strengthening service support for commercial scale-up.
10 February 2026
ArcelorMittal to build €1.3bn electric arc furnace in Dunkirk
Scheduled for 2029, it will cut CO2 intensity threefold, receive 50% support via Energy Efficiency Certificates and relies on EU TRQ/CBAM changes plus a long-term EDF power deal.
10 February 2026
ProLogium breaks ground on Dunkirk gigafactory
Construction begins on a Dunkirk gigafactory for fourth‑generation solid‑state lithium ceramic batteries to boost European battery manufacturing and supply-chain sovereignty.
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