Project Updates and Milestones news (page 11)

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  15 May 2026

  Ercros Q1 2026: €13.6m loss

  Q1: contribution €52m; adj. EBITDA −€1m; liquidity €45m. Weak demand, high energy costs, non‑EU competition. Bondalti bid 77.23% accepted. New board aims to delist, restore profitability, integrate
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  15 May 2026

  Iberdrola completes phase 1 of Noronha Verde, installs 4,800 solar panels

  Project pairs solar with battery storage on Fernando de Noronha to reach 22 MWp/49 MWh, replace biodiesel, supply ~9,000 homes; €50M (R$350M) investment, completion by end-2026.
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  15 May 2026

  Genentech’s Tecentriq approved by FDA as ctDNA‑guided adjuvant therapy for MIBC

  FDA approves first ctDNA‑MRD‑guided adjuvant option for muscle‑invasive bladder cancer. IMvigor011: ctDNA+ patients had 36% reduced DFS risk and 41% reduced OS risk; Signatera CDx authorized.
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  15 May 2026

  Technip Energies awarded FNTP for Commonwealth LNG 9.5 Mtpa EPC

  FID enables full execution; scope: six identical modular SnapLNG trains to accelerate schedule, reduce costs and improve predictability, advancing modular LNG delivery models.
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  15 May 2026

  EnviTec Biogas: solid 2025; regulatory setbacks dent 2026, growth expected from 2027

  Total output +6.8% to €376.4M; revenues -7.4% to €312.6M; EBT €26.0M (prev €44.0M) after ~€8M provision; dividend suspended. 2026 guidance: revenues €330–370M, EBT €5–15M.
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  14 May 2026

  Repsol: Refining is strategic for Spain and Europe

  Chairman urged removing investment barriers and securing supply amid Iran crisis. CEO forecasts 6–9% DPS growth to 2028, 30–40% of CFO for returns; AGM ok'd dividends, €350m buyback

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  14 May 2026

  MOL adds biomethane unit to Szarvas biogas plant

  Szarvas plant will add a biomethane unit to clean biogas to grid quality, yielding over 7 million m3/yr (≈8,500 households), boosting local renewables and energy security; operational by year-end.
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  14 May 2026

  Petrobras restarts fertilizer production at Fafen-BA

  Plant resumed operations after R$100M investment, running at 90% capacity and meeting ~5% of national fertilizer demand. Plans include E&P, biodiesel, waste-oil programs and cultural funds.
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  14 May 2026

  PureCycle: NJDEP Qualifies PureFive® Resin as Recycled Content

  NJDEP grants one-year conditional PCR designation under NJ recycled-content law; firm will seek permanent approval. Resin cleared for food-contact rigid packaging; 10.5M lb NJ feedstock sourced 2025
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  14 May 2026

  LanzaTech Q1 2026 Results

  Q1: closed $30M equity raises (plus up to $20M option), going‑concern resolved; revenue $12M; net loss narrowed to $14.7M; Adj. EBITDA loss $7.9M; OpEx down 59%; India, UK, Japan milestones.
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  14 May 2026

  Iberdrola begins commissioning Tâmega wind‑hydro complex

  Tâmega Norte enters commissioning as the Iberian Peninsula's first grid-connected wind‑hydro hybrid: 195 MW (27×7.2 MW), ~414 GWh/yr; €346M for both farms; >230,000 t CO2/yr avoided.
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  14 May 2026

  Chugai, Nippon Shinyaku file Gazyva (obinutuzumab) for idiopathic nephrotic syndrome

  Phase III INShore showed improved sustained remission and steroid reduction versus MMF; no new safety signals, supporting a regulatory application.
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  14 May 2026

  Johnson Matthey 2026 PGM Market Report

  PGM prices surged; platinum hit record. 2026: deficits likely for platinum, ruthenium, iridium; palladium and rhodium may have small surpluses. Strong prices boost recycling; industrial demand firm.
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  14 May 2026

  Sinopec confirms 2,356.87 bcm proven reserves at Ziyang Dongfeng ultra-deep shale gas field

  Cambrian Qiongzhusi shale at 4,500–5,200 m poses high-temp, high-pressure, hard-to-drill reservoir challenges. Team developed new geological model, AI imaging and ultra‑deep drilling/fracturing tech.
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  13 May 2026

  Worley wins engineering contract for Orbia's Louisiana LiPF6 plant

  Engineering, supply-chain, modularization, construction and automation support for a new large-scale battery electrolyte production facility in the US to bolster battery materials supply.
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  13 May 2026

  EnviTec Biogas opens Bio-LNG filling station in Holdorf

  New Bio-LNG station in Holdorf offers A1/B214 access, 30,000 kg storage and two pumps; supports LNG truck fleet, enabling ~200 t CO2 savings per truck/year (at 125,000 km).
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  13 May 2026

  Novo Nordisk: Wegovy pill yields 21.6% weight loss in early responders and doubles mobility improvement

  Nearly 29% were early responders (≥10% by 16w), averaging 13.2% loss at 16w; non-responders still lost 11.5% by wk64. Overall mean 17% vs 2.7% placebo. Outperformed orforglipron; GI AEs mostly mild.
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  13 May 2026

  bp takes 40% stake in North Ustyurt PSA, Uzbekistan

  40% stake acquired in North Ustyurt PSA; remaining interests split 30%/30% with operator holding 30%. PSA covers six blocks; seismic exploration started after signing in Tashkent.
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  13 May 2026

  bp joins Ustyurt PSA with 40% stake

  At OGU 2026, accession documents signed for the Ustyurt PSA covering Boyterak, Terengquduq, Birqori, Kharoy, Qoraqalpoq and Qulboy. Project at early stage; operator conducting seismic surveys.
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  12 May 2026

  SPIE partners with SkyNRG on DSL-01 SAF plant in Delfzijl

  100,000 t/yr SAF plus 35,000 t/yr sustainable by‑products; CO₂ savings up to 80%; construction started and operation expected mid‑2028.
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  12 May 2026

  Messer Belgium builds sustainable air separation plant at North Sea Port

  €60M investment creates 30 jobs to produce oxygen, nitrogen and argon; construction starts mid‑May, commissioning by 2028, CO2‑free operation using green electricity; serves Lille‑Rotterdam axis
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  12 May 2026

  Lilly: Foundayo and reduced-dose Zepbound maintain weight loss after switching from high-dose injectables

  Two late-phase trials: switching from high-dose injectable incretins to an oral GLP-1 or reducing injectable dose preserved most prior weight loss at 1 year; safety matched prior Phase 3
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  12 May 2026

  Novo Nordisk: Wegovy cuts weight and reduces cardiovascular and migraine risk across menopausal stages

  Trials and real‑world data: semaglutide gave 19.7–22.6% weight loss, 15–17.5% waist reduction, ~42% MACE risk reduction in perimenopause, 42–45% lower migraine and 25% lower depression risk
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  12 May 2026

  ABO Energy achieves restructuring milestones and defines strategic priorities

  Restructuring draft finds firm viable; sets strategic action areas. Targets sustainable financing by end-July. Won 7.8 MW solar tariff, bid >150 MW wind, sold 16.8 MW farm and 4.5 MW turbine.
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  12 May 2026

  Eni and MSC Cruises test Enilive HVO diesel on cruise ship

  Pure HVO ran ~2,000 hours on a ship engine with no modifications; matched fuel performance, cut NOx ~16% and particulates, and cut lifecycle GHG ~80%. Validated by maker and independent certifier.
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  12 May 2026

  Iberdrola grows Italy renewable capacity to 450 MW with 40 MW Basilicata wind acquisition

  Commissioned in 2018, the plant has long‑term incentives ensuring stable cash flows. Near Lucania Complex, it complements Montelungo (20 MW), Etruria and Fenix (243 MW).
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  12 May 2026

  Novo Nordisk: Wegovy 7.2 mg yields ~28% weight loss in early responders

  STEP UP trial: early responders (≥15% at 24w) sustained major weight loss at 72w; higher dose reached goals faster than 2.4 mg; 84% of lost weight was fat and muscle function preserved.
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  12 May 2026

  DOMO Engineered Materials joins RadiciGroup to create global tier‑1 compounder

  Acquisition closed; combined global tier‑1 compounding platform serving diverse end markets. TECHNYL brand and teams remain; CEO appointed; focus on innovation and sustainability.
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  12 May 2026

  EWE awards Bilfinger contract for Emden hydrogen plant

  Final major contract fixes cost and planning for a 320 MW electrolyser, enabling long-term green-hydrogen supply deals. First production slated late 2027; stable regulation needed.
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  12 May 2026

  PETRONAS LNG signs 20-year charter with MISC for five LNG carriers

  174,000-cbm newbuild LNG vessels to be built in Shanghai, delivery 2029–2030; will use XDF2.1 propulsion, shaft generators and onboard reliquefaction; project and ship management arranged.