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(page 28)
6 May 2026
Carbon Neutral Fuels' Project Starling completes FEL3A, advancing UK eSAF deployment
FEL3A completed for UK eSAF project: integrated design and 3D model, Class 3 cost estimate. Targets 25,000 tpa by 2031 with ~95% lifecycle GHG reduction; DAC integrated.
6 May 2026
Delfin Midstream secures 20‑year, 0.3 Mtpa LNG deal with Gunvor
LNG delivered FOB from an FLNG facility 40 nm off Louisiana, using a brownfield deepwater port, UTOS pipeline acquisition and federal approvals to support long-term exports.
6 May 2026
TA’ZIZ and Alpha Dhabi to invest $10bn in UAE chemicals
Study to develop up to 14 industrial chemicals, adding ~2.2 mtpa capacity in Al Ruwais to support import substitution, local supply‑chain resilience and MIITE industrial strategy.
6 May 2026
Nouryon launches Perkadox PM-60ST-GR to restore recycled polypropylene performance
Organic peroxide added in extrusion restores recycled PP chains, raising melt viscosity and resistance (up to 10×) to allow more recycled content in packaging, auto and consumer goods
6 May 2026
Equinor Q1 2026 results
Adjusted operating income USD 9.77bn; adjusted net income USD 3.70bn. Record production +9% (2,313 mboe/d). Seven NCS discoveries, Raia drilling, Q1 dividend $0.39/sh, $375m buy-back tranche.
6 May 2026
Aramco and solutions by stc to deploy next-generation Upstream supercomputer
Next-gen supercomputer will boost Upstream compute—7× capacity—for seismic imaging and reservoir simulation, improving hydrocarbon discovery, recovery and field life; delivery 2027
News type
Project Updates and Milestones
New Projects and Expansions
Mergers, Acquisitions, and Partnerships
Innovation and Product Development
Operational Changes and Investments
Sustainability and Environmental Initiatives
Financial Performance and Strategy
Executive Appointments and Governance Changes
Regulatory and Compliance Updates
Workforce and Corporate Social Responsibility (CSR)
Crisis and Risk Management
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6 May 2026
CATL and HyperStrong sign 60GWh sodium‑ion energy‑storage supply pact
Three-year sodium‑ion energy-storage deal to industrialize mass production: higher energy density, manufacturing fixes for consistent output, improved safety, and Li‑ion form‑factor compatibility
6 May 2026
Heidelberg Materials Q1 2026: solid start
Q1 revenue and RCO down; cost measures & Transformation Accelerator saved €405m; acquisitions in Australia and Turkey; new efficient kiln; dividend +9% and buyback continue; outlook confirmed.
6 May 2026
EEW launches EEW Italia in Milan to expand waste-to-energy sales
New Milan-based sales unit links Italian waste producers to EU energy-recovery plants, contracting and routing suitable waste to existing facilities to ease local capacity gaps and boost circularity.
6 May 2026
SPIE Wind Connect to connect and test 66 kV inter‑array cables at Baltyk II & III
Offshore phase starts Q2 2026. Two Polish farms total ~1,440 MW (720 MW each), ten strings of five turbines; end-turbine 400 mm², 1,000 mm² to OSS, powering >2M homes.
6 May 2026
Ørsted Q1 2026: Strong operational performance
EBITDA DKK 9.5bn; offshore generation +27% y/y. First power from Revolution Wind; Sunrise Wind turbines installed; monopiles started at Hornsea 3/Baltica 2. FY EBITDA guidance > DKK28bn
5 May 2026
Elkem ASA appoints interim chair and approves €1bn refinancing
AGM elected five shareholder board members: Helge Aasen (seat effective on his retirement as CEO), Marianne E. Johnsen, Christian Must, Astrid M. Hilde and Richard Olav Aa.
5 May 2026
SABIC launches ULTEM SU3102P oligomer for tougher, lighter aerospace composites
Reactive PEI oligomer increases thermoset composite toughness/stiffness up to 140% vs rPES, permits loadings to 50% with low viscosity, and can cut prepreg cycle time/energy use by ~30%.
5 May 2026
Covestro names Klaus Fröhlich CFO
Klaus Fröhlich will become CFO on Oct 1, 2026, succeeding Christian Baier (leaves Sep 30, 2026). Fröhlich, 53, is ADNOC Group CIO with 25+ years in finance and investment banking.
5 May 2026
Iberdrola upgrades Valdecañas pumped storage, adding 355 MW and 210 GWh
Valdecañas pumped-storage started pumping, linking Alcántara and Valdecañas reservoirs into a gigabattery with a hybrid battery, aiding renewables integration, grid stability and flood control
5 May 2026
Johnson & Johnson: TREMFYA (guselkumab), first IL‑23 inhibitor to show efficacy in perianal fistulizing Crohn’s disease
Phase 3 FUZION: Week‑24 combined fistula remission 28.3% (100 mg q8w) and 27.0% (200 mg q4w) vs 10.3% placebo; safety profile consistent; CHARGE head‑to‑head trial initiated.
5 May 2026
RWE Offshore Wind management changes
CEO Sven Utermöhlen will leave on 30 Sep 2026 and advise for 6–12 months. CTO Tobias Keitel becomes CEO on 1 Oct 2026; Julian Garnsey appointed CTO. Management team otherwise unchanged.
5 May 2026
Heidelberg Materials commissions 1.25 Mt/yr Airvault kiln line to improve efficiency and reduce CO2
1.25 Mt/yr dry kiln replaces old lines; enables ~90% alternative fuels, reduces electricity ~10% and CO2 ~30%; €350M upgrade includes calcined-clay use and CCUS (1 Mt/yr).
5 May 2026
Merck acquires Terns Pharmaceuticals
Adds TERN‑701, an oral allosteric BCR::ABL1 TKI with FDA Breakthrough for certain CML patients. Bought via $53/share tender and merger; ~$5.8B R&D charge; Terns now delisted and private.
5 May 2026
LANXESS Lewatit MDS TP 108 Removes >99.9% PFAS at Chemours
Selective monodisperse ion-exchange resin removed >99.9% of fluorinated organics in wastewater, targeting short-chain PFAS via a 3-stage RO, carbon, resin cascade; spent resin incinerated.
5 May 2026
Linde named to Dow Jones Best‑in‑Class and S&P 2026 Sustainability Yearbook
Scored 98th‑percentile in the Corporate Sustainability Assessment with 25 years engagement; enabled customers to avoid >90M tCO2e in 2025; targets 2035 SBT and 2050 climate neutrality
5 May 2026
Lilly's Omvoh first IL-23p19 to show durable four-year disease clearance in ulcerative colitis
Mirikizumab showed durable disease clearance in moderate-severe ulcerative colitis: 63.5% who cleared at 1 year sustained it at 4 years; stringent remission 61.3%; safety profile consistent.
5 May 2026
INEOS Energy and Shell to explore Gulf of America
Joint investment to pursue exploration and development near Appomattox platform—acquire 21% interest in tieback assets, targeting Fort Sumter, Sisco well and a further well by 2030.
5 May 2026
INEOS and Shell to jointly explore Appomattox-area oil and gas in Gulf of America
Acquire 21% interest in Appomattox-tieback assets; target Fort Sumter pre-FID, Sisco well, and another exploration well by 2030 to add production, control costs and share risk
5 May 2026
TA’ZIZ signs $28.5bn offtake and feedstock agreements to expand UAE chemicals ecosystem
Long-term offtake and feedstock deals worth $28.5bn secure global markets and local inputs for methanol, PVC, EDC/VCM, caustic soda, salt and gas, supporting 4.7 mtpa chemicals output by 2028
5 May 2026
Statkraft and SUNCATCHER to market three German solar‑battery projects
Agreement to market three hybrid solar+storage sites (34.5 MWp PV, 12 MW/24 MWh batteries) to be commissioned H2 2026; batteries solar‑charged; profit‑share model; runs to 2031.
5 May 2026
Equinor starts Eirin gas production to Europe
Eirin field started gas exports to Europe via Gina Krog/Sleipner A. ~27.6 million boe, NOK4.5bn cost; tied-back subsea built in three years; extends Gina Krog life to 2036; ~3 kg CO2/boe.
5 May 2026
Worley appointed Owner’s Engineer for Holcim CCUS projects in EU and UK
MSA covers 14 CCUS projects in EU/UK (7 backed by European Innovation Fund). Provides owner’s engineering—oversight, project management, technical integration. Targets ~5 Mt CO2/yr by 2030.
4 May 2026
Johnson & Johnson: IMPACT pilot finds planned Impella 5.5 safe and feasible in high‑risk non‑shock cardiac surgery patients
IMPACT pilot (N=100) found planned pre‑CPB Impella 5.5 in non‑shock, high‑risk cardiac surgery (LVEF≤35%) was safe and feasible with low device‑related events; investigational.
4 May 2026
ADNOC launches Industrial Resilience Program to strengthen UAE manufacturing and supply chains
Five initiatives to boost local manufacturing, prioritize Made in the Emirates, add ICV+ incentives and a Multiplier tool, plus long-term demand visibility to shore up supply-chain resilience
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