Operational Changes and Investments news

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  10 July 2026

  Air Liquide invests over $200M in POX syngas unit at Oxea Bay City, Texas

  New POX unit will supply syngas and low‑carbon hydrogen from early 2029 and cut net CO2 emissions by about 64,000 tonnes per year.
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  10 July 2026

  POSCO HOLDINGS expands into lithium and energy under 'Triple-core' portfolio

  Triple-core portfolio to shore up supply chains; aims Global Top 5 lithium by 2033, KRW 16.7T investment in 2026–2028, and KRW 187T revenue by 2035.
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  10 July 2026

  Elkem Q2 2026 results: cost reductions and balance‑sheet strengthening

  EBITDA fell on weak silicon prices; raised NOK 1.8bn, refinanced EUR 1bn facility and obtained NOK 750m NIB loan; Elkem Iceland reclassified as discontinued.
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  9 July 2026

  Petrobras completes acquisition and operatorship of São Tomé and Príncipe Block 3

  Consortium now set with operator at 75% and partners at 15% and 10%; move supports reserve replenishment through new-frontier exploration.
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  9 July 2026

  OXEA FID for Bay City capacity expansion with Air Liquide syngas unit

  Major Gulf Coast plant expansion will raise propionaldehyde output, enable propanol and butanol production, add syngas feedstock with CO₂ recirculation, and target completion by end‑2028.
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  9 July 2026

  INEOS and Recuro to build advanced pyrolysis recycling plant at Bamble (33,000 t/yr)

  Advanced pyrolysis plant at Bamble will process 33,000 t/yr of end-of-life plastics, powered by renewable energy to produce recycled ethylene and virgin-quality recycled polyethylene.

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  9 July 2026

  Air Liquide to invest $200M in Bay City POX unit for Oxea supply

  High‑efficiency unit will produce syngas and low‑carbon hydrogen to feed oxo‑alcohols and performance chemicals expansion; CO2 recycling loop cuts net emissions ~64,000 t/yr; online early 2029.
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  9 July 2026

  EnviTec Biogas opens first integrated biogas‑to‑biomethane plant in Estonia

  Combined biogas and membrane upgrading plant produces ~600 Nm³/h biomethane from dairy slurry; digestate reused in agriculture and CNG refuelling supplies regional transport.
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  9 July 2026

  Rompetrol Rafinare Petromidia marks 50-year milestone

  50-year anniversary of the Năvodari refinery; built on reclaimed land, now a 29‑unit complex with >5 Mtpa capacity, Nelson Complexity 9.32 and 2025 production records.
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  9 July 2026

  Salzgitter AG to acquire 100% of Hüttenwerke Krupp Mannesmann (HKM)

  Acquire Duisburg steelworks, convert site to electric-arc furnace, cut workforce from ~3,000 to ~1,000 and aim for ~90% CO2 reduction.
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  9 July 2026

  PwC study for Gasunie: CCS, low‑carbon hydrogen and hybrids are most cost‑effective for Dutch industry decarbonisation

  CCS, low‑carbon hydrogen and hybrid electrification are the cheapest routes to cut industrial CO2 — timely CO2/H2 infrastructure is essential.
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  9 July 2026

  Moeve & Exolum secure €105m project finance for Muelle Sur berth at Port of Huelva

  Project finance backs a 511‑m berth already over 50% complete to serve 2G biofuels logistics, improving handling of sustainable feedstocks and renewable fuels.
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  9 July 2026

  thyssenkrupp debuts CI4C Catch4Climate Pure Oxyfuel plant in Mergelstetten

  Semi‑industrial demonstration replaces air with oxygen to raise flue‑gas CO₂ and enable near‑95% capture from clinker; dedicated 450 t/day kiln built with >€120m investment.
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  9 July 2026

  TotalEnergies ships first ECA LNG Phase 1 cargo to Asia

  16.6% stakeholder will offtake 1.7 Mtpa for 20 years and be sole offtaker during ramp-up; Phase 1 is 3.25 Mtpa using Permian feed gas; completion expected summer 2026.
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  9 July 2026

  WuXi Biologics MFG8 facility clears FDA Pre-License Inspection

  FDA PLI pass enables commercial manufacture of a potential blockbuster autoimmune therapy; facility uses 12×4,000L single‑use bioreactors and 4,000–20,000L scale‑out capacity.
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  8 July 2026

  CI4C inaugurates catch4climate Pure Oxyfuel R&D plant

  World-first R&D site tests Pure Oxyfuel CO₂ capture at a Mergelstetten cement line to demonstrate energy- and cost-efficient capture and enable wider deployment.
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  8 July 2026

  Evonik invests US$100 million to upgrade Tippecanoe Labs in Lafayette, Indiana

  US site modernization will expand U.S. CDMO drug-substance capacity, add automation and Next Generation Technologies, and support more complex API manufacture over five years.
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  8 July 2026

  EEW and Stavenhagen inaugurate district heating using sewage‑sludge residual heat

  Residual heat from thermal treatment of sewage sludge will enter the town heating network, cutting fossil-fuel use and supporting phosphorus-recycling efforts.
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  8 July 2026

  Dangote Settles on Lamu, Kenya for Proposed 700,000 bpd East African Mega-Refinery

  USD 17–20bn single‑train coastal refinery tied to the 800 km Lokichar–Lamu pipeline; FEED not yet awarded; Kenya allocated KES 21.5bn in seed capital.
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  7 July 2026

  Topsoe and Sasol to supply G2L tech for SUSTAERO wood‑waste SAF project in Canada

  SAF from wood waste, 3,200 bpd initial capacity expandable 3×; final investment decision expected 2028 and operations targeted for 2031.
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  7 July 2026

  LYB and Mondelez launch Marabou wrappers with 75% recycled content

  Flexible food-grade film made from chemically recycled mixed plastic via ISCC PLUS mass-balance; MoReTec-1 to supply 50,000 t/yr feedstock; Taghleef and Amcor handled film and conversion.
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  7 July 2026

  Equinor awards NOK 6bn contracts for four subsea projects on Norwegian shelf

  Contracts are part of a coordinated first subsea wave to speed delivery and cut costs by standardising equipment and processes across multiple developments.
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  7 July 2026

  Nobian launches LiSA pilot to scale circular low‑carbon lithium refining

  Pilot will test salt-assisted crystallization to refine LiCl from geothermal brines and recycled batteries into battery-grade lithium with lower energy, CO₂, water and waste.
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  7 July 2026

  Lhyfe expands European green hydrogen logistics with 10 new Hexagon Purus containers

  Adds 10 Type IV containers to an 84-unit fleet; surpassed 1,000 deliveries in 2025, supplies RFNBO hydrogen across nine European countries and plans 70% capacity growth in 2026.
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  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.
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  7 July 2026

  Axens and Egyptian Refining Company sign long-term collaboration agreement

  Long-term deal to deliver technologies, catalysts, equipment, services and digital solutions to improve refinery performance, asset value and sustainability.
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  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.
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  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.
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  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.
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  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.