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Project Updates and Milestones news
(page 12)
1 July 2026
Air Liquide to invest over $170M in Indiana to supply SK hynix U.S. HBM fab
Two on-site production units will deliver ultra‑pure N2, O2, Ar, H2 and other gases to SK hynix’s first U.S. advanced packaging fab, with commissioning planned end‑2028.
30 June 2026
Equinor and Vår Energi complete asset swap in Troll–Gjøa area
Swap reallocates operatorship and stakes to advance the Peon gas discovery as a Gjøa tie-back, with gas routed via Kårstø; includes a 5% Fram stake and Ringvei Vest positions.
30 June 2026
EnviTec Biogas wins EEG tender for around 16 MW
Secures long-term remuneration for part of its plant portfolio; prepared 30+ bids; 82% of registered capacity awarded; plans investments to expand into heat and transport.
30 June 2026
EIB backs Lact'Union with €50m loan for 2026–2029 industrial upgrades
EIB provides €50m, guaranteed by InvestEU, for 2026–2029 upgrades to increase capacity, decarbonise production and shift into higher‑value liquid nutrition at two Hauts‑de‑France sites.
30 June 2026
QatarEnergy and ExxonMobil declare commercial discovery for Block 10 (Glaucus & Pegasus)
Commercial discovery declared for the Glaucus and Pegasus fields in Block 10 offshore Cyprus; parties will advance regulatory approvals and development planning.
30 June 2026
EnviTec Biogas secures awards for ~16 MW in German EEG auction
Awards cover roughly 16 MW and 82% of auction-registered capacity, providing long-term remuneration certainty and scope to develop non‑EEG uses like heat and transport.
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30 June 2026
Yara drops LCEC ammonia acquisition and reallocates capital
Cancels planned LCEC ammonia asset purchase; shifts capital to alternative U.S. ammonia projects and finalizes NEOM renewable ammonia distribution deal with Air Products.
30 June 2026
Enel Green Power RSA commissions 330 MW Impofu wind cluster with Sasol and Air Liquide PPAs
Three 110 MW wind projects in Eastern Cape reach operation; a 116 km 132 kV private powerline was built; energy wheeled to industrial off-takers under long-term PPAs.
30 June 2026
WuXi Biologics secures ANVISA GMP for MFG2, DP1 and DPPC to enable commercial anti‑PD‑L1 manufacturing
ANVISA certified three Wuxi facilities with zero findings, allowing end‑to‑end commercial manufacture and supply of an anti‑PD‑L1 cancer immunotherapy and support for Latin America entry.
30 June 2026
IHI-led seven-company low-carbon ammonia plan certified under Japan's price-gap scheme
Low-carbon ammonia from India will be supplied to Japan for power, chemical and industrial use; certification enables price-gap support under the Hydrogen Society Promotion Act.
30 June 2026
Hycamite joins FutSteel to integrate hydrogen and carbon into steel production
Methane cracking to supply low‑carbon hydrogen and solid carbon for EAF-based steelmaking; three‑year research project starts June 2026 with university and industry partners.
30 June 2026
Neste to invest over EUR 400 million in Porvoo refinery turnaround
A nine-week shutdown Aug–Oct 2026 will cost over EUR 400m, involve about 7,500 workers and keep fuel deliveries running; local traffic, short-term flaring and noise expected.
30 June 2026
PETRONAS logs three successes in Suriname Block 52
Two discoveries and an appraisal lift Block 52 to eight successful wells and unlock over 1 billion boe; Sloanea FID targeted by end‑2026.
30 June 2026
OMV Petrom & CE Oltenia advance 550 MW solar build with first panel deliveries
First panel shipments landed; ~800,000 panels planned for four parks (≈550 MW). Installations start as equipment is trucked from Constanța, with parks due online in 2027.
30 June 2026
Covestro plans 660 kt MDI train in Shanghai and UAE feasibility study for second world-scale plant
660 kt/yr MDI train planned in Shanghai, UAE study for a similar world-scale train; both designed for operational net‑zero Scope 1 & 2 emissions and supported by XRG.
30 June 2026
Roche’s Enspryng wins FDA Priority Review for at‑home subcutaneous TED treatment
FDA accepted an sBLA and granted Priority Review for the first at‑home subcutaneous option for thyroid eye disease; decision expected 15 Oct 2026.
29 June 2026
Roche launches AXELIOS 1 SBX sequencing platform
New single-molecule platform uses SBX chemistry and reusable CMOS nanopore sensors to deliver same-day whole‑genome sequencing, open-source analysis and flexible workflows.
29 June 2026
Acelen Renewables and Trafigura agree feedstock supply and offtake for Bahia biorefinery
Integrated deal secures used cooking oil feedstock and offtake for a HEFA biorefinery, linking production to North American and European markets.
29 June 2026
Genmab: EPCORE DLBCL-4 shows PFS benefit for epcoritamab plus lenalidomide
Phase 3 topline: fixed‑duration subcutaneous epcoritamab + lenalidomide significantly reduced progression/death versus R‑GemOx in relapsed/refractory DLBCL; safety consistent with known profiles.
29 June 2026
Coolbrook awarded €2.5m Business Finland grant to accelerate RDH electrification for steel
Grant supports integrating RDH electric heating across blast furnaces, reheating, hot-stoves, DRI and hydrogen-based steelmaking; builds on commercial cement deployment.
29 June 2026
Búzios field tops 1.2 million barrels/day
Record reached after P-78 and P-79 began ramping up; field operates eight production units and plans 12 FPSOs.
29 June 2026
Eni takes 32% stake in Vaca Muerta blocks for Argentina LNG
Acquires 32% of three Vaca Muerta blocks to feed 12 MTPA LNG capacity via two 6 MTPA floating units; deal completion subject to regulatory approvals.
29 June 2026
Statkraft proposes new Mår hydropower plant
Licence filed to replace the ageing Mår plant with a larger underground facility that raises output and adds an option for pumped storage.
29 June 2026
Eni and NOC start Sabratha Compression Project to boost Libya gas output
Offshore compression module online to sustain low-pressure gas production and add about 800 million m³/yr, supporting power generation and exports to Italy.
29 June 2026
Metsä Group and Qutwo advance next-generation AI for the forest industry
The partnership will deploy Qutwo OS to optimise wood procurement and tissue converting lines, aiming to raise wood value and lower variable costs between forest and mill.
29 June 2026
Mitsubishi Gas Chemical and Gold Hydrogen MOU for green methanol from natural hydrogen in South Australia
Feasibility study to use natural hydrogen from a South Australia project as core feedstock for green methanol, with a preliminary study planned in H2 2026.
29 June 2026
Vestigo Petroleum confirms fire at West Lutong Vent A offshore Sarawak
Fire at West Lutong Vent A offshore Sarawak was controlled; cause under investigation. No injuries or immediate threat to communities or environment.
26 June 2026
Sasol and Topsoe refocus SAF partnership; Zaffra JV to wind down
Zaffra JV will be wound down as partners shift to a technology-led licensing model under their Single Point Licensor framework, with six licences already signed.
26 June 2026
Air Liquide: ITER cryoplant now operational
Largest centralized refrigeration system supplies supercritical helium at 4.5 K and liquid nitrogen precooling to cool ITER superconducting magnets and thermal shields.
26 June 2026
AIQBE posts record €827M investment in industrial infrastructure
827M€ for new plants; 23,303 jobs linked; €272M environmental/efficiency spend and €179M R&D; Andalusia aims to make Huelva a net-zero industrial valley.
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