Operational Changes and Investments news (page 7)

• 

  14 July 2026

  Sonatrach launches 140,000 m3/day desalination plant construction in Ben M’Hidi, Skikda

  Two-year build to supply Skikda industrial area and ADE; project managed by ADC with works executed by ENAC, both Sonatrach subsidiaries.
• 

  14 July 2026

  Olin and Huntsman: SEC Declares S‑4 Effective for Planned Merger

  SEC declared the Form S‑4 effective; special shareholder meetings set for Aug 25; closing expected H1 2027; transaction targets >$400M in synergies and broader vertical integration.
• 

  14 July 2026

  Velocys launches AlphaCore 400 to extend microchannel FT into larger SAF projects

  New higher-capacity microchannel reactor doubles capacity vs AlphaCore 200 to enable larger, lower-cost SAF and synthetic-fuel projects.
• 

  14 July 2026

  PCC SE: Revenue +5–10% to nearly €1bn and EBITDA +20%+ expected in FY2026

  Forecasts revenue near €1bn, EBITDA rising over 20% to a three‑digit million, and a return to EBIT profit; Q2 figures due Aug 20, 2026.
• 

  14 July 2026

  Nobian and Airengy to test AirBattery compressed-air storage in a Danish salt cavern

  Pilot to assess storing surplus renewable electricity as compressed air in a Danish salt cavern for long-duration grid balancing and energy security.
• 

  14 July 2026

  Mitsui Chemicals to establish MC Dental Holdings America as oral-care global HQ

  New US holding will become the global headquarters for the group's oral care business after the Ultradent acquisition; establishment moved up to July 2026.

• 

  14 July 2026

  BP Q2 2026 trading statement

  Lower reported upstream volumes from seasonal Gulf maintenance and Middle East disruption; stronger oil and refining realizations; net debt cut to $22–23bn; post-tax impairments about $1bn.
• 

  14 July 2026

  Topsoe and Sasol license G2L SAF technology to Allied Biofuels for Uzbekistan plant

  License and engineering deal to supply G2L eSAF and bio‑SAF technology for a Khorezm plant producing about 300,000 t SAF/eSAF annually; FID 2027, commercial ops targeted 2030.
• 

  14 July 2026

  Acelen Renewables and Bunge sign five-year certified soybean oil supply for SAF and HVO

  Five-year supply of 300,000 t/yr certified soybean oil (total >1 Mt) for SAF and renewable diesel at a Bahia biorefinery due to start operations in 2029.
• 

  13 July 2026

  Rivus Batteries raises €2 million to scale critical‑mineral‑free flow battery chemistry

  €2m seed plus €2m in grants to scale an organic, critical‑mineral‑free flow battery electrolyte compatible with commercial flow battery hardware.
• 

  13 July 2026

  Galp 2Q26 trading update and Moeve downstream talks

  Moeve tie-up aimed for H2 2026; provisional 2Q26 shows 127 kboepd production, $16.8/boe refining margin and 2.3 GW renewables capacity.
• 

  13 July 2026

  EIB lends €450m to OMV for Bruck green hydrogen plant

  140 MW electrolyser at Bruck will produce 23,000 t/yr renewable hydrogen, feed Schwechat refinery via 22 km pipeline, cutting direct CO₂ by up to 150,000 t/yr; operations due end‑2027.
• 

  13 July 2026

  Rompetrol Energy tests island-mode operation at Petromidia cogeneration plant

  Plant can start and run without National Energy System power; tested with Transelectrica and Nuclearelectrica; capacity ~80 MWh and 180 t/h steam; can feed surplus to grid.
• 

  13 July 2026

  OMV secures €450m EIB loan for 140 MW green hydrogen plant

  Plant in Lower Austria will produce up to 23,000 t/yr of green hydrogen, start by end‑2027, supply Schwechat refinery and cut about 150,000 t CO2 annually.
• 

  13 July 2026

  Takeda and Indonesia to build national plasma ecosystem for PDMPs

  Fractionation license granted; $30M pilot to open plasma donation centers and assess local PDMP manufacturing, first donation center expected 2027.
• 

  13 July 2026

  Sinopec completes reorganization of China Aviation Oil into wholly‑owned subsidiary

  Reorganization finalised; the aviation fuel business is now a wholly‑owned second‑level subsidiary, with integration to accelerate building a world‑class aviation energy supplier and deepen Party‑led governance.
• 

  13 July 2026

  PETRONAS and Shizuoka Gas renew 30‑year LNG partnership

  SPA for ~0.84 MMT LNG over seven years starting 2032; adds supply flexibility and reliability and includes plans to explore decarbonisation collaboration.
• 

  13 July 2026

  Lhyfe and Messer: 10-year renewable hydrogen supply deal and 30% equity in four sites

  10-year offtake plus minority equity in four European renewable hydrogen sites; minimum volumes start in 2026 and ramp to several hundred tonnes per year.
• 

  11 July 2026

  Sinopec completes reorganisation of China Aviation Oil

  Reorganisation aims to strengthen aviation fuel supply security, accelerate SAF scale-up and integrate production-to-sales for greater international competitiveness.
• 

  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.
• 

  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.
• 

  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.
• 

  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.
• 

  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.
• 

  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.
• 

  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.
• 

  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.
• 

  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.
• 

  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.
• 

  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.