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(page 5)
20 May 2026
bp signs three PSCs in Indonesia
Signed three PSCs in Indonesia: Bintuni and Drawa near Tangguh LNG (potential short‑cycle development) and Barong in East Java, raising participation to 11 blocks; part of 2025 bidding round.
20 May 2026
APA appoints Worley as engineering partner for Australia’s gas transmission network
Three-year engineering partnership to deliver scalable gas transmission and storage upgrades—boosting capacity, flexibility and resilience through replication, digital delivery and standardization.
20 May 2026
MAIRE wins ~€1.3bn in new awards, including large E&C project and urea plant licensing & PDP
Awards cover projects across Asia, Europe and the Americas under IE&CS and STS units; Tecnimont and KT to execute onshore and refinery works; further details pending formalities.
20 May 2026
Mitsui Chemicals Included in Dow Jones Best‑in‑Class Asia Pacific Index for 8th Year
DJBiC evaluates ESG across ~600 Asia‑Pacific firms; 162 companies (76 Japanese) selected in 2025. Also in FTSE4Good, MSCI ESG Leaders and six GPIF indices. Highlights Blue Value (env.) and Rose Value.
20 May 2026
QatarEnergy acquires stakes in three offshore Uruguay exploration blocks
Stakes acquired in three offshore Uruguay blocks: 18% in OFF‑4 (APA operator 50%), 30% in OFF‑2 (Shell 70% op), 30% in OFF‑7 (Shell 40%, Chevron 30%). Areas 11,155–18,227 km², depths 40–4,000 m.
19 May 2026
European Commission unveils Fertiliser Action Plan to secure EU fertiliser supply and food security
Immediate liquidity relief and CAP flexibility for farmers; boost domestic, low‑carbon and circular production; improve market transparency, monitoring, and preparedness.
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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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19 May 2026
Heidelberg Materials to acquire 10% stake in AmeriTex Pipe & Products
Deal includes long-term material supply agreements with a leading Texas reinforced-concrete pipe manufacturer operating automated plants near San Antonio/Austin, DFW and Houston; terms undisclosed.
19 May 2026
Borouge and AD Ports Group explore UAE East Coast export hub
Partnership to study an alternative East Coast export hub to boost export continuity, operational flexibility and logistics resilience, building on a long-standing 2001 collaboration.
19 May 2026
Amgen CFO Peter Griffith to retire; Thomas Dittrich named CFO
Successor returns July 1 as EVP and assumes CFO duties Sept 1; outgoing CFO stays through Jan 2027 to aid transition. Successor has 30+ yrs finance leadership, ex‑CFO at Galderma, Shire, Sulzer.
19 May 2026
Equinor signs 5-year gas supply deal to Germany
Five-year contract supplies ~2.2 TWh/yr of Norwegian gas to Germany from April 2026, with ~9% lower upstream GHG intensity tracked by guarantees of origin.
19 May 2026
WACKER launches CRS for nucleic-acid medicines
CRS offers R&D-grade pDNA, RNA and LNP production, construct design, lipid screening and analytical services for preclinical studies, with seamless scale-up to GMP clinical supply.
19 May 2026
RWE expands Hambach with 16.5 MW solar park and 80 MWh battery
At Hambach's Manheimer Bucht, 25,300 panels across ~20 football pitches will power ~5,000 homes. Battery construction starts this summer to support grid stability; municipalities may join.
19 May 2026
Novo Nordisk: Semaglutide shows hepatic safety and efficacy in MASH
ESSENCE subgroup analyses (menopause, Japanese) and real-world data show broad benefit across populations, highlight severe underdiagnosis, reduced quality of life and rising healthcare costs
19 May 2026
Repono launches 202 MW BESS in Romania with Gunvor and enspired
202 MW/404 MWh BESS in Argeș, Romania — one of SE Europe's largest. Project will be commercially managed and optimized for multiple revenue streams; COD targeted Q2 2027 pending financing.
19 May 2026
Takeda: Jury verdict in AMITIZA antitrust case; FY2025 results to be revised
Jury awarded USD 884,943,990 in single damages in AMITIZA antitrust trial; wholesaler/retailer sums subject to trebling. Will appeal, assess provision and revise FY2025 filings; minimal FY2026 impact.
19 May 2026
Bilfinger wins £15m biopharma maintenance contract in Scotland
3‑year maintenance contract (two 1‑yr extensions) at a strategic biopharma manufacturing site. ~60 trades transfer. Services: electrical, instrumentation, access, insulation, painting, plus shutdown/project support in GMP.
19 May 2026
Statkraft to invest NOK 80bn in Norwegian hydropower over 10 years
Half for major maintenance; rest for upgrades, new capacity and wind repowering. Nationwide dam reinforcements, turbine and tunnel refurbishments; projects need permits and profitability
18 May 2026
Boehringer Ingelheim's JASCAYD (nerandomilast) approved in Japan for IPF and PPF
First oral PDE4B inhibitor shows slowed FVC decline in FIBRONEER Phase III; pooled analysis showed 59% nominal death reduction. Common AE: diarrhea; EU/UK reviews ongoing.
18 May 2026
Asahi Kasei Starts Phase III Trial of Teribone for High‑Risk Osteoporosis
Phase III in Japan will evaluate extended teriparatide acetate treatment beyond 24 months for severe osteoporosis patients at high fracture risk, assessing efficacy and safety of continued dosing.
18 May 2026
Dow launches Coolant Care Network for data center liquid cooling
End-to-end coolant management for data centers: approved labs and service providers, centralized data review, expert analysis and field support to improve uptime and cut operational risk.
18 May 2026
Genentech to present ASCO 2026 data on giredestrant in early ER+ breast cancer
Presents data on nine drugs across 15+ indications: breast‑cancer first‑line/post‑progression analyses, HER2 brain‑penetrant TKI, KRAS G12C+pembrolizumab, and lymphoma ADC/bispecific combo
18 May 2026
NRC Issues FONSI for Dow and X-energy Long Mott Nuclear Project in Texas
NRC completed an Environmental Assessment and issued a FONSI for a proposed advanced SMR at Seadrift, Texas, clearing a key Construction Permit step to supply electricity and industrial steam.
18 May 2026
SkyKraft awarded €21m Industriklivet grant for eSAF production in Skellefteå
Funding will cover feasibility, design and engineering toward FID in 2027 for an eSAF plant targeting 130,000 t/yr using renewable power and biogenic CO₂, signaling market confidence.
18 May 2026
Aramco and Pasqal launch Saudi Arabia’s first quantum computer and the Middle East’s first QCaaS platform
Located in Dhahran, a 200-qubit neutral-atom QPU offers low-latency cloud access for industrial apps, enabling optimization, simulation and AI for energy, materials, logistics, CO2 storage; workforce training.
18 May 2026
BASF opens refinery catalyst R&D center in Attapulgus, GA
R&D center focuses on applied FCC testing, QA/QC and scale-up at production site to speed commercialization and tailor catalyst solutions to refiners
18 May 2026
Essar Energy Transition completes Pre‑FEED for Stanlow Methanol‑to‑Jet SAF hub
Planned plant will convert ~550,000 tpa renewable methanol into >200,000 tpa jet fuel, using existing refinery blending and pipeline export; FEED this year, FID by early 2028.
18 May 2026
Merck: sac‑TMT meets OS and PFS endpoints in Phase 3 TroFuse‑005 for advanced/recurrent endometrial cancer
TroFuse‑005 (776 pts) showed significant OS and PFS improvement vs chemotherapy in advanced/recurrent endometrial cancer after platinum and anti‑PD‑1/PD‑L1 therapy; ORR met; safety consistent.
18 May 2026
Repsol and Santos begin Pikka oil production in Alaska
Partners reached first oil at a North Slope project; production to hit 80,000 bpd plateau in Q3 with first sales then. 28 wells drilled in phase 1; 45 wells planned; further phases expected.
18 May 2026
OMV starts production at Austria’s largest gas discovery in 40 years
Wittau well begins gas output; first phase 11 TWh for winter 2026/27, recoverable up to 48 TWh. EUR150m invested so far; project could double Austria’s gas production.
18 May 2026
Asahi Kasei Therapeutics starts Phase III trial of Teribone (teriparatide) for high‑risk osteoporosis
Domestic Phase III trial to assess extended therapy beyond 24 months for patients with severe osteoporosis at high fracture risk; evaluates efficacy and safety of continued treatment.
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