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Operational Changes and Investments news
(page 37)
9 November 2025
Iberdrola's Noronha Verde Project Boosts Brazil's Clean Energy Leadership
Noronha Verde integrates solar and battery storage to make Fernando de Noronha a sustainable energy model, with a 22 MWp plant and 49 MWh storage, operational by 2027.
7 November 2025
LOTTE Chemical Completes Indonesian Petrochemical Complex, Expands in Southeast Asia
The new complex boosts Indonesia's petrochemical self-sufficiency to 90%, enhances local economy, and integrates with existing facilities for cost efficiency.
7 November 2025
Iberdrola Invests €11M in East Anglia Port Upgrade
The €11M investment will upgrade the North Terminal for the East Anglia TWO wind farm, enhancing storage, crane capacity, and preassembly of turbine towers.
7 November 2025
EnviTec Biogas Launches First Philippine Plant
A 1.4 MW biogas plant in the Philippines will convert poultry manure into power and bio-fertilizer, feeding electricity into the local grid by June 2026. Expansion plans are underway.
7 November 2025
MOL Group Revises 2025 EBITDA Guidance Amid Strong Q3 Results
Q3 profit stable at USD 503 mn. Upstream steady, downstream boosted by refining margins. Consumer Services grew, Circular Economy Services faced seasonal challenges. Guidance reviewed.
7 November 2025
Arkema Q3 2025 Financial Results
Arkema reports €2.2B sales, €310M EBITDA, and €78M net income. Focus on cost-cutting, innovation, and strategic growth amid challenging market conditions.
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6 November 2025
Sasol Develops Methane Rich Gas Solution for South Africa's Post-2028 Gas Supply
Sasol plans to supply Methane Rich Gas from 2028-2030 to bridge South Africa's gas supply gap, pending regulatory approval, while transitioning to LNG for long-term needs.
6 November 2025
Trinseo Q3 2025 Financial Results and Outlook
Net loss of $110M, negative free cash flow of $38M. Plans to cease virgin MMA in Italy, close polystyrene in Germany, aiming for $30M profitability improvement.
6 November 2025
Lanxess Faces Challenging Q3 2025 Market Conditions
Revenue and EBITDA decline due to weak demand and geopolitical issues. Cost reductions planned. Net debt stable. Full-year EBITDA guidance at lower range.
6 November 2025
Heidelberg Materials Reports Q3 Growth, Confirms 2025 Outlook
Q3 results up 5%, operating margin at 25.9%. Transformation Accelerator boosts savings. CCS projects advance, with evoZero cement deliveries starting. 2025 outlook remains positive.
5 November 2025
TA’ZIZ awards $1.99bn EPC for world-scale PVC complex
Ruwais PVC complex will produce 1.9 mtpa PVC, VCM, EDC and caustic soda, due Q4 2028. Part of 4.7 mtpa Phase 1 hub, projected to add $50bn to UAE GDP and 26,000 lifetime jobs.
5 November 2025
Sasol Italy and GreenYellow Italia start construction of 5.1 MWp PV plant in Terranova dei Passerini
On-site PPA project on company land; commissioning H2 2026. Output ~7.61 GWh/yr, avoiding >4,000 tCO2/yr (≈2,800 households).
5 November 2025
ADNOC Awards AED54 Billion in Contracts to UAE Suppliers
ADNOC's forum highlights procurement opportunities, local manufacturing, and digitalization efforts, aiming to boost UAE's economy and industrial growth through its In-Country Value program.
5 November 2025
Worley Canada Delivers Largest Indigenous-Owned Solar Project
A 32MW solar farm in Saskatchewan, fully Indigenous-owned, will supply power to K+S Potash via a 30-year agreement. Construction starts April 2026, with completion by December 2026.
5 November 2025
Gunvor and AltaGas Sign 10-Year Gas Storage Contract
AltaGas expands Dimsdale Gas Storage by 6 Bcf with a $65M investment, targeting 2026 completion to enhance capacity and cut costs.
5 November 2025
EU Transport Package: High-Speed Rail and Sustainable Fuel Initiatives
The EU aims to enhance rail connectivity and boost investment in renewable fuels for aviation and waterborne sectors, promoting sustainability and competitiveness.
5 November 2025
BASF Begins Production at Zhanjiang Verbund Site
Production starts at Zhanjiang Verbund site, enhancing BASF's capacity to meet Asia's market demand, with full core completion by 2025, supporting sustainable growth and local production strategy.
4 November 2025
Securing Biogas Plant Connections to Gas Networks
Propose regulations to ensure efficient, cost-effective biogas plant connections to gas networks, supporting climate goals and economic viability.
4 November 2025
Clariant and Lucas Meyer Cosmetics Introduce New Formulations for Enhanced Daily Care
New formulations focus on wellness, sensory experiences, and sun protection, with innovative ingredients and a new production facility in China to support the Asian market.
4 November 2025
Evonik's Q3 2025 Performance Decline
Q3 2025 saw a 22% EBITDA drop due to weak demand and lower sales. Revenue fell 12%. Efficiency programs are on track, but demand is expected to stay weak through year-end.
4 November 2025
Aramco Q3 2025 Financial Results
Adjusted net income rose to $28B. Cash flow and free cash flow increased. Gearing ratio improved. Dividends declared. Investments in HUMAIN and Fujian reflect strategic growth.
3 November 2025
GS Caltex to source carbon‑free steam from Namhae Chemical
Reactivating an idle sulfuric acid plant to generate steam from refinery sulfur; pipeline and plant modifications start next year with commercial supply in 2027 and ~70,000 tCO₂eq/yr reduction.
3 November 2025
Iberdrola Wins AERCE Award for Digitalisation in Procurement
Iberdrola uses generative AI to enhance procurement efficiency, automating bid evaluation and reducing process time, reinforcing its commitment to digitalisation and sustainability.
3 November 2025
EIB and Iberdrola Secure €500M Loan for German Offshore Wind Farm
The project, backed by Cesce, will supply renewable energy to 600,000 people, support EU climate goals, and create jobs in Germany's Baltic Sea region.
3 November 2025
BLYB Enhances Feedstock Efficiency with Refinery Ethane
Refinery ethane boosts ethylene yield, reduces costs, and supports low-carbon goals, enhancing integration and operational excellence.
3 November 2025
INEOS Marks 50 Years of Forties Pipeline, Criticizes UK Energy Policies
The Forties Pipeline has delivered 9.6B barrels over 50 years. INEOS invested £500M since 2017. UK energy policies risk undermining energy independence and investment.
3 November 2025
Eni and PETRONAS Form JV in Indonesia and Malaysia
NewCo to manage 19 assets, invest $15B, and boost production to 500,000 boe/d, focusing on exploration and sustainable growth in Indonesia and Malaysia.
3 November 2025
BASF Consolidates Asian PolyTHF Operations
BASF shifts PolyTHF production to China, closing South Korea site by 2026, to enhance competitiveness and maintain reliable supply.
2 November 2025
ADNOC and Gecko Robotics Partner to Enhance AI, Robotics, and Training
Three agreements focus on deploying AI and robotics, enhancing efficiency, and training UAE Nationals in advanced technologies.
2 November 2025
ADNOC, Masdar, XRG Lead AI-Energy Integration at ENACT Majlis
Global leaders at ENACT Majlis discuss energy solutions for AI growth, emphasizing infrastructure, investment, and collaboration to meet rising demand.
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