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Project Updates and Milestones news
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14 August 2026
Argentina LNG (YPF, Eni, XRG) applies for RIGI approval
Seeks RIGI status to enable an integrated LNG export chain using Vaca Muerta gas, with two FLNG units totalling 12 MTPA offshore Río Negro; FID targeted end‑2026.
14 August 2026
PTT Global Chemical LDPE plant wins Prime Minister’s Outstanding Industry Award 2025 for safety
Recognized for over 3,400 accident‑free days, 15 years without Tier 1/2 PSEs, and extensive digital and community emergency systems.
14 August 2026
Chugai files for Tecentriq adjuvant indication in MSI‑High colon cancer
Filing in Japan for adjuvant treatment of MSI‑High colon cancer after Phase III ATOMIC showed reduced recurrence risk and improved 3‑year DFS.
13 August 2026
DuPont direct lithium extraction team named 2026 Sustainability Squad
Award cites collaborative work behind a >20‑product end-to-end DLE portfolio (announced July 2026) spanning sorbents, nanofiltration/RO membranes and ion‑exchange resins.
13 August 2026
ORLEN gains KZR INiG certification for biofuel co‑hydrotreatment at Płock refinery
Certification permits co-hydrotreatment of bio-based feedstocks; current capacity ~100,000 t/yr, July 2026 tests raised vegetable oil share to 5% and upgrades aim for ~150,000 t/yr.
13 August 2026
Petrobras Tupi asset reaches 4 billion barrels
Pre-salt unit in the Santos Basin marks two decades of production and underpins plans to make the pre-salt the company's main source of output in 2026–30.
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13 August 2026
XRG enters Venezuela with stake in Loran offshore gas licence
Adds a material share in over 4 Tcf proven gas in the Loran‑Manatee area, links resources to existing infrastructure and strengthens the Atlantic Basin gas portfolio.
13 August 2026
thyssenkrupp Q3 2025/26: sales up and adjusted EBIT improves as strategic realignment advances
Order intake fell to €7.7bn; adjusted EBIT forecast raised to €600–900m; shareholders approved tk accelis spin-off; TKMS backlog >€20bn with major July contract wins.
13 August 2026
WACKER expands into EU pet‑food additives with fermented L‑cysteine and L‑cystine
EU approval allows plant‑based, fermented L‑cysteine/L‑cystine as sensory additives for all animal species; products suit multiple dosage forms and are supplied from Europe.
13 August 2026
LKAB Q2 2026: Earnings hit by USD hedging and higher costs
Stable production and deliveries but lower sales and operating profit due to USD hedging losses and higher energy, maintenance and urban transformation costs; two key permits granted.
13 August 2026
Evonik supplies Liocel adsorbent for Neptune Energy's Altmark DLE Pilot Phase II
Liocel chosen for adsorption-based DLE testing in an oxygen-free pilot handling 1,000 L/day to evaluate adsorbents for potential industrial deployment.
13 August 2026
BioBTX (Covestro-backed) to produce BTX aromatics from mixed plastic waste
First commercial ICCP plant in Delfzijl will process 20,000 t/yr mixed plastic into ~10,000 t/y BTX aromatic oil and ~8,000 t/y by-products, cutting GHG 70–80%.
12 August 2026
Vaca Muerta oil resources increased 89% to 30,170 million barrels
IAPG study attributes revision to larger prospective area, thicker pay and higher recovery factor; export infrastructure and an incentives regime improve development conditions.
12 August 2026
Saipem signs €500m LNTP with Sonatrach for Phase 1 of Algeria PPI
Limited Notice to Proceed for Phase 1 of Algeria’s integrated phosphate-to-fertiliser complex, covering early works, FEED completion, long‑lead procurement and local partnerships.
12 August 2026
SONATRACH and AFC award EPCs for Integrated Phosphate Project Phase 1
Contracts cover fertilizer plants at Bled El Hadba and Oued El Keberit and port works at Annaba; project spans mining, fertilizer production and export infrastructure.
12 August 2026
PM Jetten visits Port of Rotterdam Authority at Maasvlakte
Inspected a container terminal, discussed hundreds‑million‑euro investment plans and constraints with industry, and toured Shell’s Holland Hydrogen 1 green‑hydrogen facility.
12 August 2026
Worley receives K+S 2025 Large Project Contractor Safety Award for Saskatchewan cogeneration project
Recognition for safety performance on a cogeneration build whose scope included construction, commissioning and startup; units will supply steam and power for future production.
12 August 2026
Bilfinger Q2 2026 financial results
Revenue rose 7% to €1,450m while orders fell 16% to €1,498m; EBITA margin 5.3%. Outlook confirmed: revenue €5.4–€5.9bn, FCF €250–€300m (includes Teknokon).
12 August 2026
SOCAR 2025 Sustainability Report
First Double Materiality Assessment, new ESG Data Platform and Decarbonization Roadmap; ~1 million tCO₂e avoided, USD 200m Green Bonds and local procurement at 88%.
12 August 2026
Boliden: Laver concession upheld after appeals rejected
Government rejected appeals, keeping the Laver concession intact; the deposit could double Sweden’s copper output and boost Europe’s copper self-sufficiency by about 10%.
12 August 2026
BASF Agricultural Solutions invests in Climate Center at Limburgerhof
Purpose-built climate chambers will enable GLP ecotoxicology studies and insecticide research to support crop protection registrations; completion planned H1 2027.
12 August 2026
Stora Enso to centralise sawmilling in Northern Finland and close Veitsiluoto
Pine sawing to be shifted to Oulu and Kalajoki; Veitsiluoto sawmill faces permanent closure. About 60 employees enter three-week change negotiations; restart is not planned for Oct 2026.
11 August 2026
DuPont MemCor MBR chosen for Canberra’s Lower Molonglo upgrade
Adds about 97 million L/day membrane bioreactor capacity to Canberra’s main treatment plant, expanding capability to meet population growth.
11 August 2026
TechnipFMC awarded flexible-pipe contract for Azule Energy West Hub Tails
Design and manufacture of flexible flowlines, risers and equipment to tie West Hub production into the Agogo FPSO; contract classed at $75–250M and booked in Q3 2026.
11 August 2026
Metsä Group invests €25m in Muoto fibre packaging line at Äänekoski
A €25m Muoto fibre-packaging line will be built at the Äänekoski mill, starting up in 2028 with capacity above 100 million items per year; Kuura textile fibre project cancelled.
11 August 2026
Novo Nordisk launches Awiqli once-weekly basal insulin in US
First once-weekly basal insulin for adults with type 2 diabetes; one weekly injection replaces seven daily doses, available at 70,000+ pharmacies with affordability options from $35/month.
11 August 2026
ORLEN Group commissions 42.2 MW solar farm at Mažeikiai refinery
On-site 42.2 MW solar PV farm will produce about 45 GWh/year, covering ~7% of the refinery's electricity and cutting procurement costs by about €4m annually.
11 August 2026
LANXESS converts Krefeld-Uerdingen spray dryer to hydrogen fuel
Hydrogen replaces natural gas in a pigment spray dryer, cutting CO₂ by about 6,000 t/yr using Covestro-produced byproduct delivered via pipeline.
11 August 2026
Pembina selects Worley for Heartland Extraction Plant EPC
Greenfield straddle facility to process up to 750 million cubic feet/day of gas, extracting NGLs from the Yellowhead Pipeline; start-up targeted for late 2029.
10 August 2026
PTT Global Chemical (GC) starts new growth chapter — petrochemicals, specialty & Green‑Bio, Map Ta Phut
Q2 adjusted EBITDA THB 26.932bn; ethane imports from the US due 2029; portfolio shift to 70:30 specialty by 2030; USD 300m EBITDA uplift target by 2030.
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