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(page 3)
26 May 2026
BP removes chair Albert Manifold
Board unanimously removed Albert Manifold as Chair and director over governance, oversight and conduct concerns. Ian Tyler named interim chair; succession for permanent chair to begin.
26 May 2026
AkzoNobel supplies coatings for Songyuan green energy park
Songyuan phase-2 park runs on 100% renewables, targeting 45,000 t/yr green H2 and 200,000 t/yr green ammonia/methanol; protective systems reduce VOCs and guard assets from corrosion, CUI and heat.
26 May 2026
Lilly acquires three companies to expand infectious disease portfolio
Adds a better-tolerated shingles vaccine, bacterial-toxin vaccine platform for S. aureus, N. gonorrhoeae and C. trachomatis, and nanoparticle EBV vaccine tech; deals include milestone payments.
26 May 2026
BASF appoints Haryono Lim President & Chairman, Greater China
Incoming leader for Greater China will assume the Shanghai role on July 1, 2026; current head Dr. Jeffrey Jianfeng Lou will leave. He previously led Mega Projects Asia in Zhanjiang.
26 May 2026
X-Press Feeders completes Rotterdam’s first ethanol bunkering
Eco Levant received separate ISCC-certified loads: 90% biomethanol and 10% second-gen ethanol. Delivered by one inland bunker vessel, blended onboard. Shows fuel flexibility and CO2-reduction potential.
26 May 2026
LKAB granted permit for Luleå critical‑minerals industrial park
Plan enables extraction of phosphorus and all 17 rare earths from iron‑ore residues; demo plant nearing operation; supports EU supply security, regional jobs; full investment pending tests.
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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26 May 2026
AGC Biologics Starts NN4101 Bispecific Antibody Development and GMP Production
With Novelty Nobility, moves Copenhagen cell‑line/MCB work to GMP manufacturing in Chiba from May 2026. Targets retinal neovascular disease; global cGMP network enables tech transfer.
26 May 2026
Chugai wins Imperial Invention Prize for recycling antibody technology
Recycling antibody tech uses pH‑dependent binding so one antibody binds multiple targets, increasing sustained efficacy, allowing lower doses, subcutaneous administration and longer dosing intervals.
26 May 2026
Sinopec launches first LNG cold‑energy cascade project
Qingdao LNG terminal's cold-energy cascade project advances to detailed design/construction, using low-temperature Rankine and efficient heat exchange to produce up to 26M kWh/yr and cut grid use/CO2.
25 May 2026
Lilly's VERVE-102 single infusion durably lowers PCSK9 up to 88% and LDL-C up to 62%
Phase 1b Heart-2: single IV base-editing dose gave dose-dependent, durable PCSK9/LDL-C reductions up to 18 months in HeFH/premature CAD; well tolerated; FDA Fast Track; Phase 2 planned.
25 May 2026
Eni approves FID for Baleine Phase 3 in Côte d’Ivoire
Phase 3 lifts oil from 60k to 150k bpd and gas from 80 to 200 MMcf/d. New FPSO. All gas for domestic power/industry. Phased fast‑track development to boost energy security and local growth
25 May 2026
Aramco transfers PRefChem ownership to PETRONAS
PRefChem is now fully owned by the buyer; deal boosts acquirer's operations and supply flexibility, lets seller optimize downstream assets. Also to explore crude supply, tech exchange and distribution
25 May 2026
Sines strengthens transatlantic digital connectivity
Telesur–EllaLink deal to build Caribbean Gateway cable linking the Caribbean, Europe, US and Brazil, boosting capacity and redundancy and EU digital resilience; boosts ZILS appeal for data infra
25 May 2026
PETRONAS: Lifeboat-maintenance incident at FSO Sepat kills three
FSO Sepat lifeboat-maintenance incident involved four contractor personnel; one injured and evacuated for treatment. Investigations ongoing; company offering support and condolences.
25 May 2026
AGC opens DX Innovation Hub at IIT Hyderabad
R&D and talent-development base for DX - integrates IT and manufacturing expertise, advances AI projects (anomaly detection, demand forecasting) and enables global deployment of skills and tech.
23 May 2026
MOL opens probe into Olefin-1 incident at Tiszaújváros
Cooperating with authorities; unit draining underway for damage assessment. Two discharged, seven hospitalized (stable). Psychological support provided. Fuel supply unaffected; other units operating.
22 May 2026
MOL Petrochemicals explosion in Tiszaújváros — one dead, several injured
Fire at olefin plant is being extinguished; company cooperating with authorities. CEO en route. Company expresses condolences and regards the colleague as part of the corporate group.
22 May 2026
MOL obtains U.S. license to continue NIS negotiations
OFAC granted a license to continue negotiations to acquire a majority stake in NIS until 6 June 2026; talks enter final phase—significant progress, but some terms remain to be settled.
22 May 2026
MOL Olefin-1 explosion in Tiszaújváros
Explosion during unit restart left one worker dead and nine injured; fire extinguished. Investigation under way. Other complex units keep running; refining and fuel supply unaffected; event insured.
22 May 2026
EU awards €400m to 65 projects to decarbonise industrial heat
Across 10 EEA countries, projects deploy heat pumps, resistance, solar thermal and hybrids in sectors like pulp, steel, glass and food - avoiding 6.6M tCO2 over 10 years. Grant deals expected H2 2026.
22 May 2026
Eli Lilly's Foundayo (orforglipron) reduces body weight up to 13% in adults 65+
Once-daily oral orforglipron can be taken any time without food/water restrictions; showed significant 72-week weight loss across ages and diabetes status; safety consistent; GI AEs common.
22 May 2026
Merck secures CHMP positive opinion for KEYTRUDA + Padcev in cisplatin‑ineligible resectable MIBC
CHMP backed perioperative regimen for cisplatin‑ineligible resectable MIBC after Phase 3 KEYNOTE‑905 showed significant EFS, OS and pCR gains; EC decision due by Q3 2026; FDA cleared Nov 2025.
22 May 2026
Novo Nordisk: CHMP recommends Wegovy pill (oral semaglutide), the first oral GLP‑1, for EU approval
Oral semaglutide showed 16.6% mean weight loss (OASIS4, adherent); SELECT data added to label for CV risk reduction; no drug-drug restrictions; planned launch outside US H2 2026.
22 May 2026
Port of Rotterdam demonstrates safe ship-to-ship ammonia bunkering (MAGPIE)
Full-scale ship-to-ship ammonia bunkering demo found bunkering can be done safely in active ports if planned with robust safety, equipment and regulatory frameworks; report gives practical guidance.
22 May 2026
Uniper appoints Birgit Korte Head of External Communication and Group Spokesperson
Birgit Korte will become Head of External Communications and Group Spokesperson in June 2026. She previously led the press office at the Federal Ministry for Economic Affairs and Energy.
22 May 2026
GreenLine Mobility expands LNG truck deployment with Tata Steel
LNG trucks flagged off at Meramandali to cut long‑haul emissions; fleet 1,000+ LNG/EV trucks, 90M+ km, >24,000 tCO2 saved; target 10,000 trucks and 100 LNG stations.
22 May 2026
PRC Europe 2026: Downstream leaders focus on decarbonisation in Amsterdam
Delegates debated turning ambitions into bankable projects: hydrogen integration, SAF, refinery synergies, circular feedstocks, recycling tech, digitalisation and execution risk
21 May 2026
Repsol’s 825 MW Pinnington solar plant enters commercial operation in Texas
Reached COD 2.5× faster than peers; built by Black & Veatch/OCI. Created ~700 construction jobs, 1.5M panels, cuts ~1M t CO₂/yr, boosts ERCOT capacity and grid resilience.
21 May 2026
Eni inks long-term LNG deals in Indonesia
Three long-term deals secure ~2 MTPA LNG from Kutei Basin; supply via Bontang LNG, reactivating one idle train to maximize use of existing infrastructure.
21 May 2026
Rely wins Power2X EPC for 20MW Djewels green hydrogen plant in Delfzijl
Project reached FID/NTP and moves into construction. Will use John Cockerill pressurized alkaline electrolysis; first hydrogen expected mid‑2028; plant ties into local Chemical Park and Nobian.
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