All news (page 42)

25 June 2026

OCI court-appointed independent non-exec directors continue review of NNS cash offer

They stress independence under an Enterprise Court mandate, aim to finalise assessment by end-June 2026, and have not authorised an EGM to approve the proposed transaction.
25 June 2026

thyssenkrupp and GlobalLogic partner to deploy Physical AI and autonomous robotics

Deploy Physical AI and autonomous robotics to remove engineering bottlenecks, protect frontline workers and accelerate decarbonization across heavy industry.
25 June 2026

Equinor submits EIA programme for Wisting development

Public consultation opens on the EIA programme for a possible Wisting FPSO development in the Barents Sea; consultation runs 16 weeks and FID is targeted end-2027.
25 June 2026

Iberdrola and bp push green hydrogen project at Castellón refinery

€211m IPCEI Hy2USE reallocated to Castellón plus €15m NextGenerationEU support; plant to start production before year-end and aim to be Spain’s largest green hydrogen facility in 2026.
25 June 2026

Petrobras to restart UFN-III nitrogen fertilizer plant in Três Lagoas

Work restarts on UFN‑III with R$5bn+ investment and new PAC support; operations due in 2029; plant to produce urea and ammonia for Brazil's agribusiness.
25 June 2026

ORLEN and Naftogaz sign two MoUs to expand LNG cooperation and sustainability support

Two MoUs to expand LNG trading, shared use of regasification and transmission infrastructure across the Baltic/CEE, plus exchange on sustainability, decarbonisation, green finance and ESG.
25 June 2026

Nextchem (MAIRE) completes acquisition of Ballestra Group including Mazzoni and BUSS ChemTech

Adds full NPK fertilizer technologies, fluorine and oleochemistry capabilities; integrates ~460 staff, pilot plants and a €270m backlog; transaction paid at €148.2m.
25 June 2026

OMV Petrom: all modules delivered for 20 MW Petrobrazi electrolyzer

Final module delivered for the 20 MW electrolyzer; it will produce ~3,000 t/yr green hydrogen for the SAF/HVO unit; total planned capacity is 55 MW across two projects.
25 June 2026

ONGC and bp sign technical services contract for Western Offshore Basin

Technical services contract appoints a TSP for the Western Offshore Basin to deploy technology and operating practices to curb decline and improve recovery.
25 June 2026

Vattenfall: Swedish state to acquire 60% of Videberg Kraft

Risk‑sharing and financing terms agreed to enable new nuclear on the Värö Peninsula; ownership structure effective 2027; Rolls‑Royce SMR selected to supply three small modular reactors.
25 June 2026

Qatar pushes EU to amend Methane Regulation in joint open letter

Urges targeted clarifications to the EU Methane Regulation and requests stop‑the‑clock, grandfathering and penalty relief ahead of January 2027 provisions.
25 June 2026

Siemens and Ucaneo to scale electrochemical Direct Air Capture

A standardized automation and digital platform will enable rapid global rollout of an electrified electrochemical DAC process through licensed operators.
25 June 2026

Borouge launches Queo 7030LA-P polyolefin elastomer

Low-density, high-melt-flow elastomer that improves flexibility, processing and filler loading for TPOs, adhesives and highly filled compounds.
25 June 2026

ORLEN Advances Cerisa Development in North Sea

Cerisa will yield ~8.5 million boe (incl. ~0.8 bcm gas); production start 2027; peak ~6,000 boe/d; two wells tied into existing Duva subsea template to cut cost and time.
25 June 2026

UPM and ANDRITZ form multi‑year tissue innovation partnership

Shared access to a pilot-scale PrimeLineTIAC in Graz enables manufacturers to trial a standard hardwood pulp, speed commercialization, and optimize dry‑crepe, textured and TAD processes.
25 June 2026

Bilfinger provides Owner’s Engineering for BS Energy CHP plants

Three-year framework to oversee upgrades, inspections and modernization of Braunschweig CHP plants to raise heat-generation efficiency and cut CO2 emissions.
25 June 2026

Asahi Kasei FO–MD system installed at Peptistar for API manufacturing trials

Novel forward osmosis–membrane distillation unit concentrates heat-sensitive APIs without heat or pressure, cutting freeze-drying batches and time; trialled at manufacturing scale up to 100 L for GMP evaluation.
24 June 2026

ITM Power and DB Systemtechnik to partner on green hydrogen for transport

LOI launches joint R&D on green hydrogen for rail and related mobility, starting with a FEED study into electrolyser integration and infrastructure resilience.
24 June 2026

Agilyx's GreenDot Global acquires Anviplas in Spain

Entry into Spain adds 30,000 t/y film recycling capacity and expands GreenDot to six mechanical recycling sites with a combined ~175,000 t/y capacity.
24 June 2026

ORLEN advances Baltic Eagle Gas Hub with FSRU 2 capacity reservation

Reserved regasification slots at FSRU 2 add ~1.25 bcm/y from 2030–2039, raising LNG import capability above 16 bcm/y and boosting regional supply flexibility.
24 June 2026

BASF launches Micadelva™ — non‑allergenic citrus fragrance ingredient

Non‑allergenic citrus alternative to orange terpenes with refined, long‑lasting freshness; 80% renewable carbon, readily biodegradable and A++ carbon estimate; part of Safe‑by‑Design palette.
24 June 2026

WuXi Biologics completes first GMP run at MFG17, its 25th drug‑substance facility

MFG17 at Shanghai Fengxian finished first GMP production with zero deviations; 9,000 L single‑use capacity, 80–100 batches/year, multiple process modes and digitalized operations.
24 June 2026

Reliance-owned Karkinos Healthcare completes 100,000+ HPV DNA tests

Digital care pathway pairs WHO-recommended HPV DNA testing with outreach, navigation and follow-up to reduce loss-to-follow-up and reach underserved districts.
24 June 2026

AkzoNobel to hold EGM on proposed all‑share merger with Axalta

Shareholders to vote at Amsterdam EGM on Aug 5, 2026; merger closing expected end‑2026/early‑2027 if approved.
24 June 2026

Petrobras: press briefing on resuming works at UFN-III (Três Lagoas)

Online press conference to present schedule, investments, capacity, jobs and market impacts for Nitrogen Fertilizers Unit III; opening by President Magda on 24 June at 14:00 Brasília.
24 June 2026

Saipem sells Saudi shallow-water drilling unit to ADES for $285m

Deal covers five jack-up rigs; SAS posted 2025 revenues of SAR 636m (USD 170m). Buyer will bareboat-charter one rig back; closing targeted by Q3 2026 subject to approvals.
24 June 2026

TotalEnergies enters Bab Gas Cap concession in Abu Dhabi

Takes 10% stake in Bab Gas Cap with partners including ADNOC (operator), bp and CNPC; project targets 1.5 bcfd and connects to Ruwais LNG and condensate growth.
24 June 2026

bp takes 10% stake in ADNOC-led Bab Gas Cap concession

Concession to tap three Bab Field reservoirs, producing up to 1.5 bcfd of gas and condensate; supports UAE gas self-sufficiency and LNG export growth.
24 June 2026

OCI confirms NNS intends EUR 4.10 per‑share voluntary cash offer

NNS plans a voluntary all‑cash offer at EUR 4.10 cum dividend per share; OCI board (excluding court‑appointed members) backs a cash option tied to the Orascom combination.
24 June 2026

Petrobras Búzios field reaches 1.1 million bpd

Supplies about one-third of Brazil's operated oil output; P-78/P-79 ramping up; 12 FPSOs planned with P-80/82/83 under construction.

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