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(page 8)
11 May 2026
Aurubis reports stronger Q2 and raises full-year forecast
Q2 operating EBT €121m (+15% q/q); H1 EBT €226m; H1 EBITDA €351m (+3%). Net cash flow €161m, down on higher inventories. ROCE 8.1% as €1.7bn projects near completion; new recycling plants ramping up.
11 May 2026
Sumitomo Corporation: Noirmoutier 500 MW Offshore Wind Farm in France Begins Commercial Operation
Construction complete; commercial operation started. 12 km offshore; ~25‑yr life. Annual output ≈ supply for 800k users. Power sold under long‑term fixed‑price PPA; financed via syndicated loan.
11 May 2026
Sinopec’s first deep coal‑seam gas well surpasses 50 million m³ cumulative production
First deep coal-seam gas risk-exploration well: >50M m³ cumulative, 27,000 m³/day. Deployed 2022, producing since 2023; data-driven optimization and fluid/sand/fines control sustain stable production.
11 May 2026
Shanghai Petrochemical commissions phase‑one of 30,000‑t large‑tow carbon fiber project — China’s largest 48K single‑line
Phase-one (2 lines) of a 30,000-t large-tow carbon-fiber project in Ordos began production. Single-line >3,000 t (48K); +50% capacity, 188-day build, >60% green power
9 May 2026
Uniper demolishes Scholven towers D & E for H2-ready CCGT
Two 114 m cooling towers were demolished at 11:00; ~15,000 t of concrete will be recycled for site backfill. Demolition used a coordinated safety plan; no resident evacuations.
8 May 2026
argenx: FDA expands VYVGART/VYVGART Hytrulo approval to all adult gMG patients
Phase-3 ADAPT SERON: VYVGART showed rapid, significant, sustained improvements across anti-MuSK, anti-LRP4 and triple-seronegative gMG; safety consistent; IV/SC options; access support.
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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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8 May 2026
Petrobras RNEST sets April diesel S‑10 record — 385 million L
Upgrades (2025 revamp) raised capacity to 130 kb/d, lifting refined‑fuel output ~60% y/y; R$12bn to finish train‑2 to reach 260 kb/d by 2029, boosting energy security and cutting imports.
8 May 2026
INA, MOL and Syrian Petroleum Company discuss reactivating INA’s Syria operations
Three-day talks assessed restarting oil and gas operations. Joint experts will evaluate technical, operational, commercial and regulatory prerequisites and set a reactivation roadmap.
8 May 2026
Clariant Q1 2026: Resilient performance amid Middle East conflict
Q1 sales down 2% (CHF918m); EBITDA margin fell to 17.5% (-130bp). Free cash-flow conversion rose to 54%. CHF80m savings program on track; 2026 guidance unchanged amid conflict
8 May 2026
MOL Group Q1 2026: USD 212m profit amid supply disruptions and price controls
Higher hydrocarbon prices lifted upstream; production 95.5 mboepd. Downstream hit by lower refining volumes and feedstock scarcity; Rijeka delayed coker opened. Consumer services and circulars rose.
8 May 2026
Evonik Q1: €475m adjusted EBITDA, outlook confirmed
Q1 sales fell 9% to €3.43bn; volumes -2%, prices -1%; margin down to 13.9%; net income halved to €125m; Q2 aided by customer pre‑buying; CFO change and 1,000 job cuts planned
7 May 2026
argenx Q1 2026 Financial Results & Business Update
Q1 product sales $1.3B (+63% YoY); profit $366M; PDUFA May 10 for seronegative gMG; VYVGART label expansions, multiple pipeline readouts in 2026–27; cash $4.9B
7 May 2026
ALTTION joins AIQBE as strategic ally
Offers industrial protection services: anti-corrosion, passive fire protection, rope access, turbine maintenance and automation; will share solutions and best practices in technical forums.
7 May 2026
Worley appointed feasibility advisor for St George’s Araxá niobium and rare earths project
Appointed feasibility advisor to provide consulting and engineering for feasibility studies, metallurgy and process, mine planning, plant/tailings design, procurement and construction.
7 May 2026
Borouge expands UAE logistics network with Gulftainer and Etihad Rail partnerships
Agreements secure East Coast export access, streamline inland logistics, and create an integrated rail corridor from Ruwais to ports—boosting multimodal resilience, predictability and lower emissions.
7 May 2026
Diamond Infrastructure Solutions issues RFQ for Freeport power and steam modernization
RFQ seeks developers to replace two legacy cogeneration plants at Freeport with advanced baseload power and steam facilities (operational ~2032); proposals due June 25, 2026.
7 May 2026
EU, Brazil and China launch Open Coalition on Compliance Carbon Markets
New coalition to strengthen domestic carbon markets: improve MRV, accounting, transparency and offsets. Open to nations with national compliance schemes; New Zealand and Germany have joined.
7 May 2026
Barbara Flesche named SolarPower Europe President
Elected president brings 20+ years in renewables and will push rapid solar deployment, battery storage scale-up, system integration, stronger supply chains and supportive regulation
7 May 2026
Fluor wins feasibility study for Anglo American’s Woodsmith mine in UK
Selected for feasibility study; contract value recognized in Q2 2026. Mine to extract polyhalite via deep shafts and a 37 km conveyor to Teesside; target 13 Mt/yr; tunnelling underway
7 May 2026
Eni confirms Claudio Descalzi as CEO; appoints board committees
Board affirmed directors' integrity and independence, confirmed Chair's role in internal controls, found auditors and committees compliant, and judged public-shareholder links not to impair independence.
7 May 2026
PureCycle Achieves A3 CosPaTox Rating for Leave‑On Cosmetic‑Grade PureFive Resin
Independent study shows dissolution recycling converts post‑consumer polypropylene into A3 leave‑on cosmetic grade resin commercially, removing contaminants, retaining performance and lowering CO₂
7 May 2026
Moeve Q1 2026 Clean CCS EBITDA €506m, ramps Spain energy-transition capex
Q1 net income €147m; capex €272m (69% to energy transition); operating cash flow €283m; FID for 300MW Andalusian green hydrogen; non-binding talks with Galp; net debt €2.56bn (1.6x).
7 May 2026
Indaver pauses processing of highly PFAS-contaminated waste
Authorities demand extra measurements and monitoring after limited historical soil contamination; four PFAS streams will be suspended while datasets and remediation checks are expanded.
7 May 2026
EU awards €1.09bn to nine hydrogen projects via European Hydrogen Bank
Selected projects across seven EEA countries will add ~1.1 GW electrolyser capacity, produce >1.3 Mt H2 over 10 years, avoid ~9 Mt CO2e; premiums €0.57–€3.49/kg; Spain/Germany add €1.7bn
7 May 2026
Iberdrola sells 5 TWh in Italy via long-term PPAs
Signed five agreements with major Italian chemical, manufacturing and food firms, backed by 90 MW new PV under Energy Release 2.0 to provide stable, competitive, decarbonised supply.
7 May 2026
SPIE Joins Consortium to Build PanTera Actinium‑225 Production Facility in Mol
Consortium to build facility boosting production of a cancer radioisotope; scope includes HVAC, sanitation and technical gases. Construction started; equipment integration planned late 2026.
7 May 2026
Eni’s Geliga‑1 DST confirms ~200 MMSCFD gas and 10,000 bpd condensate offshore Indonesia
Large Miocene gas/condensate discovery in Kutei Basin (~5 Tcf gas, 300mmbbl condensate); adjacent Gula adds ~2 Tcf. POD to fast‑track a third hub; studies assess adding Bontang LNG capacity
7 May 2026
Vopak to acquire majority stake in Green Energy Storage to accelerate Dutch battery storage
Agreement to buy a majority stake to accelerate large-scale battery storage in the Netherlands, backing a 200 MW/800 MWh Oosterhout project and expanding the project pipeline; subject to FID/approvals
7 May 2026
UPM, Michelman and BOBST launch EU‑compliant bio‑based paper packaging concepts
Two paper packaging concepts for EU SUPD: fiber papers with bio-based coatings giving moisture/mineral-oil and oxygen barriers, wide heat-seal window, recyclable/compostable, production-ready.
7 May 2026
Roche to acquire PathAI for AI-driven digital pathology
Adds best‑in‑class Image Management System and AI pathology tools to diagnostics, boosting lab automation, companion diagnostics and biomarker discovery. Deal closes H2; $750M + up to $300M
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