Project Updates and Milestones news (page 4)

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  4 August 2026

  ORLEN acquires 216 MW hybrid solar‑wind project in Greater Poland

  216 MW hybrid PV and wind complex in Kazimierz Biskupi to produce ~315 GWh/year, use cable pooling and join nearby Kleczew to form a 485 MW onshore renewables cluster.
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  4 August 2026

  Aramco Q2 and H1 2026 results

  Strong H1 profits and cash flow; Q2 free cash flow hit by $13.6bn working-capital build. Dividend declared and key upstream/gas projects on track for 2026–27 completion.
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  3 August 2026

  Mitsubishi Chemical installs 1,982.4 kW floating PV at Hiroshima plant

  1,982.4 kW floating PV on the plant's regulating reservoir started Aug 1, 2026; on-site PPA with KYORAKU; reduces ~1,000 t‑CO2/yr (≈2.2 GWh).
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  3 August 2026

  SOCAR acquires ITOCHU’s 3.65% stake in Azeri‑Chirag‑Gunashli, lifting its share to 35.3%

  Raises national operator's ACG stake to 35.3%; transaction met legal and contractual requirements; first free gas production from ACG fields begins this year.
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  3 August 2026

  Eli Lilly: olomorasib receives FDA Breakthrough Therapy for previously treated KRAS G12C advanced pancreatic cancer

  Breakthrough designation covers olomorasib monotherapy for adults with advanced pancreatic cancer harboring KRAS G12C after at least one prior systemic therapy.
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  3 August 2026

  Essar marks 15 years of Stanlow ownership

  Stanlow refinery: £1bn modernisation, recent £100m turnaround (+8% throughput) and hydrogen-ready furnace; £4.3bn decarbonisation pipeline with >£1bn near FID and c.5,000 UK jobs supported.

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  3 August 2026

  Mitsubishi Gas Chemical and Veritas In Silico file patent for nucleic acid drug targeting lncRNA H19

  Patent application covers a nucleic acid therapeutic against lncRNA H19 developed with an AI-driven discovery platform; commercialization planned using dedicated CRDMO capacity.
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  3 August 2026

  Sinopec's Xinjiang Petroleum exports first No.0 diesel to Kyrgyzstan

  First batch of No.0 automotive diesel cleared customs at Torugart Port, opening an overland energy export channel from Xinjiang to Central Asia.
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  3 August 2026

  CPPC and SCGC launch ASEAN’s first food-grade recycled pet food packaging

  Food-grade recycled pet food packaging uses advanced recycling to convert post-consumer plastics into certified circular polyolefins, ISCC PLUS certified and commercial since 2024.
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  31 July 2026

  Sasol and partners commission 2 kW HySA PEM electrolyser in Sasolburg

  A 2 kW PEM electrolyser will be used for testing, skills development and system integration under variable renewable power, supporting localisation and PGM beneficiation.
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  31 July 2026

  KazMunayGas and CITIC Group deepen strategic partnership

  Joint venture KBM produced 1.018 MMt in H1; Coastal Zone drilling and reserves expanded; CASPI BITUM upgraded to 1.5 MMtpa refining and 750 Ktpa bitumen output.
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  31 July 2026

  KazMunayGas and Sinopec review joint projects

  2D (900 km) and 3D (300 km2) seismic work ahead of a 7,000 m ultra‑deep well; 1.25 MMtpa PE plant >34% complete; Aktobe output target 800 Kt by 2028; CCUS working group proposed.
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  31 July 2026

  Novo Nordisk: ZEUS phase 3 finds no MACE reduction with ziltivekimab

  Ziltivekimab lowered free IL‑6 and hsCRP but did not reduce cardiovascular events; safety similar to placebo except for more serious infections; related trials continue with H1 2027 readouts.
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  31 July 2026

  LyondellBasell Q2 2026 earnings

  EBITDA $1.3bn ($2.1bn ex-items); net income $0.6bn ($1.4bn ex-items); completed European asset divestiture; $500m Cash Improvement Plan target by end‑2026.
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  31 July 2026

  Moeve H1 2026: €1.2bn Clean CCS EBITDA; 69% of H1 capex to energy transition in Spain

  Net income €458m, capex €605m and operating cash flow €762m; leverage fell to 1.2x; groundbreaking for 300 MW Andalusian Green Hydrogen Valley on Sept 17; Galp merger talks continue.
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  31 July 2026

  Chugai files for Enspryng indication to prevent relapses in MOGAD in Japan

  Regulatory submission seeks approval of satralizumab to prevent relapse in MOG antibody‑associated disease after Phase III showed a 68% risk reduction.
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  31 July 2026

  OMV Petrom Group H1 2026 results

  Clean CCS Operating Result 3 bn lei; net income 1.8 bn lei; CAPEX 3.7 bn lei; contribution to state budget 10.2 bn lei; Neptun Deep on track for first gas in 2027.
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  31 July 2026

  Umicore H1 2026 results

  Adj. EBITDA +33% to €577m and margin 30.2%; revenues €1.9bn; Free Operating Cash Flow €295m; guidance upgraded to slightly above €1bn adj. EBITDA for FY2026.
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  31 July 2026

  Shell to sell BG Cyprus Ltd to MOL Group for up to $720 million

  35% non-operated stake in Cyprus Block 12 (Aphrodite); produced gas to be sold to EGAS; completion expected early 2027, subject to approvals.
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  31 July 2026

  OMV Q2 2026: Clean CCS operating result €1,706m

  Strong cash flow and low leverage; all segments profitable. Chemicals lifted by Borouge International closing and higher olefin/polyolefin prices.
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  31 July 2026

  Holcim: H1 recurring EBIT +11.5% organically, guidance upgraded

  Net sales +5.2% organic H1; recurring EBIT margin 18.1%; closed Xella and Cementos Pacasmayo; FY2026 guidance raised to ~5% sales and ~10% recurring EBIT growth.
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  31 July 2026

  MCG Group Q1 consolidated results (FY Mar 2027)

  Sales rose 14% to ¥1,004.2bn; core operating income doubled to ¥114.1bn. Semiconductor demand, higher prices, FX and Middle East-driven naphtha effects boosted performance.
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  31 July 2026

  Borouge Plc delivers 23% QoQ net profit rise despite Ruwais incident

  Restored full production after 5 April incident; shipped all available volumes plus inventory; realised prices rose 53% QoQ; margins squeezed by higher logistics and propylene costs.
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  30 July 2026

  Viva Energy and Cleanaway: NGERs reform recognises co‑processed low‑carbon fuels

  Australia’s NGERs now let eligible co‑processed renewable diesel, LPG and kerosene be reported with zero Scope 1 emissions for the biogenic portion, supporting local feedstock use and refinery production.
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  30 July 2026

  KMG and CNOOC discuss expanding cooperation

  Reviewed joint drilling and tech projects, the Zhylyoi exploration (400 lin. km 2D reprocessing; 400 km2 3D seismic due by end‑2026) and 50/50 financing.
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  30 July 2026

  Huntsman Q2 2026 results and Olin merger update

  Q2 net loss $6M, adjusted EBITDA $120M; free cash flow used $90M; signed all‑stock merger with Olin; stockholder vote Aug 25, 2026.
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  30 July 2026

  Johnson & Johnson: FDA Priority Review for potential first-in-class subcutaneous RYBREVANT FASPRO in recurrent/metastatic HNSCC

  OrigAMI-4 showed 42% response rate with >1/3 complete responses; FDA review shortened to ~6 months; drug targets EGFR and MET and is co-formulated with hyaluronidase.
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  30 July 2026

  BASF: Mix of technologies required to recycle engineering plastics

  Engineering plastics need tailored recycling—mechanical, solvent, depolymerisation or thermochemical—selected by waste composition; loopamid commercial plant began in early 2025; sorting and regulation are crucial.
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  30 July 2026

  TechnipFMC Q2 2026 results

  Revenue $2.76bn; net income $363m; Subsea inbound $2.5bn; cash from operations $548m and free cash flow $488m; $440m returned to shareholders.
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  30 July 2026

  Exolum takes minority stake in SeaSeaS Amsterdam CO₂ export terminal

  Open-access multimodal terminal to handle up to 3.5 million tonnes CO₂/year, operational by 2030, linking inland emitters to North Sea permanent storage by vessel, rail, road or pipeline.