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Operational Changes and Investments news
(page 6)
25 May 2026
Sines strengthens transatlantic digital connectivity
Telesur–EllaLink deal to build Caribbean Gateway cable linking the Caribbean, Europe, US and Brazil, boosting capacity and redundancy and EU digital resilience; boosts ZILS appeal for data infra
23 May 2026
MOL opens probe into Olefin-1 incident at Tiszaújváros
Cooperating with authorities; unit draining underway for damage assessment. Two discharged, seven hospitalized (stable). Psychological support provided. Fuel supply unaffected; other units operating.
22 May 2026
MOL Olefin-1 explosion in Tiszaújváros
Explosion during unit restart left one worker dead and nine injured; fire extinguished. Investigation under way. Other complex units keep running; refining and fuel supply unaffected; event insured.
22 May 2026
EU awards €400m to 65 projects to decarbonise industrial heat
Across 10 EEA countries, projects deploy heat pumps, resistance, solar thermal and hybrids in sectors like pulp, steel, glass and food - avoiding 6.6M tCO2 over 10 years. Grant deals expected H2 2026.
22 May 2026
Port of Rotterdam demonstrates safe ship-to-ship ammonia bunkering (MAGPIE)
Full-scale ship-to-ship ammonia bunkering demo found bunkering can be done safely in active ports if planned with robust safety, equipment and regulatory frameworks; report gives practical guidance.
22 May 2026
GreenLine Mobility expands LNG truck deployment with Tata Steel
LNG trucks flagged off at Meramandali to cut long‑haul emissions; fleet 1,000+ LNG/EV trucks, 90M+ km, >24,000 tCO2 saved; target 10,000 trucks and 100 LNG stations.
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21 May 2026
PCC SE: Stable Q1 EBITDA amid 12% sales drop
EBITDA fell 2.9% to €13.0m while sales dropped 12% to €221.0m; EBT improved on exchange-rate effects; Trading & Services and logistics strengthened; bond repaid €21.0m.
21 May 2026
Repsol’s 825 MW Pinnington solar plant enters commercial operation in Texas
Reached COD 2.5× faster than peers; built by Black & Veatch/OCI. Created ~700 construction jobs, 1.5M panels, cuts ~1M t CO₂/yr, boosts ERCOT capacity and grid resilience.
21 May 2026
Eni inks long-term LNG deals in Indonesia
Three long-term deals secure ~2 MTPA LNG from Kutei Basin; supply via Bontang LNG, reactivating one idle train to maximize use of existing infrastructure.
21 May 2026
Rely wins Power2X EPC for 20MW Djewels green hydrogen plant in Delfzijl
Project reached FID/NTP and moves into construction. Will use John Cockerill pressurized alkaline electrolysis; first hydrogen expected mid‑2028; plant ties into local Chemical Park and Nobian.
21 May 2026
Eni CCUS Holding secures £500m+ financing facility for CCS platform
Facility backs Liverpool Bay CCS (operational 2028; 4.5 Mt/yr rising to 10 Mt by 2030s), funds other projects (L10, Bacton, Ravenna option); 13-bank syndicate; 30% built
21 May 2026
Hycamite plans 200 kt/yr graphite plant in Finland
EU CRMA status and new tech enable a phased Finnish project: Phase 1 demo starts next year; full scale could reach 200 kt/yr (~40% of EU battery graphite demand), serving batteries and industry.
21 May 2026
Iberdrola signs 10-year PPA with Gonvarri Industries for 26,000 MWh/year
PPA covers eight production sites in four European countries, with 100% guarantees of origin (80% wind/20% solar). It secures stable, competitive supply to boost electrification and decarbonisation.
21 May 2026
Starck International develops agricultural terminal at North Sea Port
14‑ha Vlissingen terminal to consolidate bulk agricultural flows for storage, transshipment and circular animal‑feed processing. Fast start in existing warehouses; creates dozens of jobs.
21 May 2026
Equinor to expand in Northern Norway after 50 years
Produces >500k boe/d in northern Norway; supplier spend to NOK4bn by 2025. Developing Isflak and Drivis/Tubåen tie‑backs, drilling 1–2 wells/yr, targeting +200–500M barrels.
21 May 2026
ADNOC deploys Taurob heavy‑duty inspection robot and co‑develops operator robot
Inspector robot conducts autonomous hazardous-site inspections with LiDAR and thermal imaging. A heavy-duty operator robot to lift, grip and turn valves in extreme temperatures — operational 2026.
21 May 2026
Gasunie, Open Grid Europe and Thyssengas to develop Netherlands–Germany hydrogen corridor
Cross‑border hydrogen link planned between Zevenaar and Elten by 2031, reusing existing gas pipelines; first phase connects the Rhine‑Ruhr region, later southern hubs such as Ludwigshafen
20 May 2026
Gasunie opens first 32-km section of Dutch hydrogen network
King and minister inaugurated the first pipeline segment. Network planned ~1,200 km via repurposed gas pipelines, linking Dutch industry to Germany and Belgium; first plant now connected.
20 May 2026
BASF refocuses on growing core businesses under Winning Ways
Core Transformation Office, led by Julia Raquet, launches CoreShift to cut net cash fixed costs up to 20% by 2029, simplify operations, harmonize processes and roll out ERP and AI.
20 May 2026
Covestro opens TPU Application Development Center in Guangzhou, China
New TPU AD Center links Zhuhai production and Changhua R&D, offering extrusion/injection simulation, compounding, color and pilot film lines to speed APAC solutions
20 May 2026
BASF and Cromology convert end‑of‑life tires into binder for Tollens Maxiline+ wall paint
Chemically recycled styrene-acrylate binder from tire pyrolysis oil used in interior wall paint via mass-balance. REDcert² certified; 10 L ≈ 2 tires; reduces fossil feedstock and CO₂.
20 May 2026
BASF patents hot-gas welding process for PPA plastics
Channel-guided hot-gas welding yields uniform heating, ~10s welds, lower temperatures and energy use, thicker melt layers, fewer clogs and higher reliability for thermoplastic components.
20 May 2026
APA appoints Worley as engineering partner for Australia’s gas transmission network
Three-year engineering partnership to deliver scalable gas transmission and storage upgrades—boosting capacity, flexibility and resilience through replication, digital delivery and standardization.
20 May 2026
MAIRE wins ~€1.3bn in new awards, including large E&C project and urea plant licensing & PDP
Awards cover projects across Asia, Europe and the Americas under IE&CS and STS units; Tecnimont and KT to execute onshore and refinery works; further details pending formalities.
19 May 2026
European Commission unveils Fertiliser Action Plan to secure EU fertiliser supply and food security
Immediate liquidity relief and CAP flexibility for farmers; boost domestic, low‑carbon and circular production; improve market transparency, monitoring, and preparedness.
19 May 2026
Heidelberg Materials to acquire 10% stake in AmeriTex Pipe & Products
Deal includes long-term material supply agreements with a leading Texas reinforced-concrete pipe manufacturer operating automated plants near San Antonio/Austin, DFW and Houston; terms undisclosed.
19 May 2026
Borouge and AD Ports Group explore UAE East Coast export hub
Partnership to study an alternative East Coast export hub to boost export continuity, operational flexibility and logistics resilience, building on a long-standing 2001 collaboration.
19 May 2026
RWE expands Hambach with 16.5 MW solar park and 80 MWh battery
At Hambach's Manheimer Bucht, 25,300 panels across ~20 football pitches will power ~5,000 homes. Battery construction starts this summer to support grid stability; municipalities may join.
19 May 2026
Bilfinger wins £15m biopharma maintenance contract in Scotland
3‑year maintenance contract (two 1‑yr extensions) at a strategic biopharma manufacturing site. ~60 trades transfer. Services: electrical, instrumentation, access, insulation, painting, plus shutdown/project support in GMP.
19 May 2026
Statkraft to invest NOK 80bn in Norwegian hydropower over 10 years
Half for major maintenance; rest for upgrades, new capacity and wind repowering. Nationwide dam reinforcements, turbine and tunnel refurbishments; projects need permits and profitability
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