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Project Updates and Milestones news
(page 34)
7 April 2026
SABIC major turnaround at Olefins 4 underway
Major maintenance shutdown of a naphtha cracker and several units began March 16 to restore safe, integrated operation for the next six years.
7 April 2026
Fluor selected for FEED on America First Refining’s new Brownsville refinery
First new U.S. refinery in 50+ years; will process >60M barrels/year of domestic shale crude into gasoline, diesel and jet fuel using proven low-emission tech; contract value booked Q1 2026.
7 April 2026
Technip Energies authorized to advance Commonwealth LNG pre‑FID
Substantial authorization continues EPC work on a 9.5 Mtpa LNG export project in Louisiana, supporting delivery of six modular SnapLNG trains ahead of final investment decision
7 April 2026
Axens to License Technologies for America First Refinery in Brownsville, TX
First new US refinery in 50+ years will process over 60 million bbl/yr of domestic shale oil into gasoline, diesel and jet fuel using proven low‑energy refining technologies
7 April 2026
ASPİLSAN Enerji signs $5.2M LFP cell line deal with Top Material and $600K electrode export pact
Turnkey installation and tech transfer to build domestic battery cell production; commissioning in 2027. New cells for defense and critical systems, raising localization and exports.
7 April 2026
Nextchem (MAIRE) opens Beijing office to expand sustainable technology presence in China and Asia
Office signals strategic push into Chinese market, deepening local partnerships, leveraging an established presence since 1994 and focusing on tech innovation for energy and critical raw materials.
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7 April 2026
Eni finds 2 Tcf gas and 130 Mbbl condensate offshore Egypt
Denise W in Temsah Concession: 70 km offshore, 95 m water depth, ~50 m net-pay high-quality sandstone close to infrastructure for fast-track tie‑in; concession renewed; Petrobel operator, bp 50%.
6 April 2026
Amgen reports positive Phase 3 topline results for subcutaneous TEPEZZA in moderate-to-severe thyroid eye disease
Phase 3 subcutaneous TEPEZZA met primary endpoint in moderate-to-severe TED: 76.7% proptosis response vs 19.6% placebo; mean −3.17 mm reduction; safety consistent; mild injection-site AEs
6 April 2026
Fluor awarded FEL-2 contract by X‑energy for Seadrift SMR project
FEL-2 will define and plan four 80 MW SMRs at Seadrift to supply power and steam. DOE-backed; construction permit under NRC review; intended as first industrial advanced reactor in N.A.
6 April 2026
Mesabi Metallics raises $150M from Macquarie
World-scale DR-grade iron ore mine and pellet plant in Nashwauk, MN, set for Q3 2026 start; $2.5B project on 16,000+ acres, EXIM support, $2B+ equity invested and 800 workers onsite.
3 April 2026
Borealis Kallo PDH2 2025 update
Project surpassed 97% construction and precommissioning in 2025; remaining insulation and commissioning work. Start-up planned for H2 2026.
2 April 2026
Airgas (Air Liquide) supplies high-pressure nitrogen for NASA Artemis II
Provided high-pressure nitrogen from Merritt Island to support a crewed lunar flight, meeting peak flow requirements for the launch vehicle during final countdown and liftoff.
2 April 2026
FDA approves Lilly's Foundayo (orforglipron), oral GLP‑1 for anytime dosing
Oral GLP‑1 produced ~12% mean weight loss (~27 lb) at 72 weeks in Phase 3. Available via direct home delivery with low‑cost copays; carries thyroid tumor and GI side‑effect warnings.
2 April 2026
Petrobras settles Shared Tupi Field redetermination payments
On 31/03/2026 received ~R$3bn from partners and paid ~R$600m to the Union; participation increased from 67.216% to 67.457% effective 01/12/2025; amounts recognized in 4Q25.
2 April 2026
Novo Nordisk: Wegovy pill shows greater weight loss and lower discontinuation vs orforglipron in indirect comparison
Indirect comparison (ORION) found oral semaglutide 25 mg led to ~3% greater weight loss vs orforglipron; orforglipron had higher discontinuation for AEs (esp. GI); 84% preferred semaglutide-like profile.
2 April 2026
Bilfinger completes acquisition of Teknokon businesses in Türkiye
Deal closed April 1, 2026: adds ~1,000 specialists, upper double‑digit million‑€ revenue; positions as regional hub linking Eastern Europe and Middle East; full integration within a year.
2 April 2026
Indaver and EcoWerf shift PMD transport to waterways
PMD collection now shipped by inland vessel: 10,000 t/year (replacing ~2,320 road trips), press reduces volume by two-thirds, cuts CO2 by ~127 t/yr; plan to move half waste to waterways.
2 April 2026
Sasol's Sasolburg Operations Retains Green Drop Certification
Plant scored 96.8% (92.9% WSI), ranked 2nd; won Best Private Technical Site TSA (94%); top scores in capacity and effluent compliance; treats 27.01 kL/d and supports local sanitation projects.
2 April 2026
Perpetual Next selects Bilfinger for Methanol Moerdijk permitting
Covers EIA, environmental and nature permitting, stakeholder coordination and QA in sprint-based delivery for a large biomethanol plant - ~216,000 t/yr output.
2 April 2026
EU approves Merck's KEYTRUDA with paclitaxel ± bevacizumab for PD‑L1 (CPS≥1) platinum‑resistant recurrent ovarian cancer after 1–2 prior regimens
Phase 3 KEYNOTE‑B96 showed significant progression‑free and overall survival gains versus placebo+paclitaxel (±bevacizumab), supporting EU approval as the first PD‑1 inhibitor option.
2 April 2026
Merck starts pivotal Phase 2b/3 trial of MK-8748 (Tiespectus) for neovascular AMD
Pivotal Phase 2b/3 MALBEC trial begins for a bispecific Tie2 agonist/VEGF inhibitor in neovascular AMD; randomized vs aflibercept, primary endpoint mean BCVA change at Year 1.
2 April 2026
Coolbrook partners with Doncasters to manufacture RDH aerofoil castings
Supports first commercial heater demo at Adani Cement (India), advancing electrified high-temp process heating to cut heavy-industry CO2 by up to 30%; UK casting output to scale.
2 April 2026
RWE expands ASML renewable PPA to 130 MW, extended to 2038
Power from Northwester 2 and Dutch on-/offshore wind, incl. 795 MW OranjeWind (2026–2028), with electrolysis, storage and smart charging to stabilise the grid
2 April 2026
ABO Energy Advances International Projects
Sold rights to 63 MW wind project in New Brunswick (with PPA); signed Owner’s Engineering for 64.86 MWp Belorado I solar in Spain; received final payment for sold 200 MW Colombian solar project.
2 April 2026
Chugai: Lilly’s Foundayo (orforglipron) FDA-approved for weight loss
FDA approved an oral GLP-1 for adults with obesity or overweight and weight-related conditions; used with calorie restriction and increased activity to lose and maintain weight
1 April 2026
BlueAlp chosen as tech partner for BioBTX circular-aromatics plant
Licensed pyrolysis modules will convert hard-to-recycle plastics into circular BTX aromatics. Plant capacity ~20 kta; modules built now, shipping to site from Dec 2026.
1 April 2026
ABO Energy Advances German Wind Projects
Won tariffs for 16.4 MW; secured permits for Olpe‑Rehringhausen (21 MW), Tholey (14 MW) and St. Gangloff (35 MW); sold Nonnenholz II (6 MW); activated Ortenberg financing; 650 MW permitted.
1 April 2026
BASF acquires AgBiTech
Deal closed Mar 31, 2026 after regulatory approvals; adds proven biological insect-control tech, boosts offerings in Brazil and enables global scaling to broaden farmer insect-control options
1 April 2026
Celtic Renewables renews circular partnership with Rosebank Distillery
Distillery pot ale will be sent to a nearby biorefinery to make bio‑based chemicals (500 t/yr), extending a 3‑year supply deal; products cut carbon by >60% vs fossil equivalents.
1 April 2026
OMV Petrom: Krum‑1 on Han Asparuh Block drilled to 3,500 m, no significant gas
Drilling began in February after Vinekh; two wells drilled since Dec 2025 will improve geological understanding of the deep Black Sea. Exploration remains early; ongoing farm‑in for nearby block.
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