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(page 27)
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
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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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
7 May 2026
Sinopec and Nanjing University Form Strategic Partnership
Agreement deepens R&D, platforms, talent training and think‑tank work; aligns industry‑university‑research‑use to speed innovation and support energy security and green, low‑carbon transition.
7 May 2026
TA’ZIZ Secures $2B Financing for UAE’s First World-Scale Methanol Plant
Oversubscribed financing via 11-bank syndicate with conventional and Islamic facilities, priced to benchmarks. EPC awarded; construction under way for 2028, boosting domestic chemicals value chain.
7 May 2026
MAIRE’s Nextchem awarded licensing and PDP for urea-to-DEF plant in Virginia
Licensing & PDP won for a 700 STPD urea melt plant in Virginia, fully integrated to convert all urea to DEF; FID/NTP targeted H1 2027; reflects rising DEF demand from tighter emissions.
7 May 2026
Statkraft Q1 results strong despite lower production
Strong Q1 driven by higher Nordic power prices despite lower hydropower output; underlying EBITDA NOK13.3bn, net profit NOK8.1bn, net debt down NOK8.3bn, ROACE 12.3%
6 May 2026
Moeve's Spain-first IPA plant wins Expoquimia 2026 Best in Class
Best-in-class award for Spain’s first isopropyl alcohol plant; facility secures domestic IPA supply and can produce from renewable, ISCC Plus‑certified inputs.
6 May 2026
PureCycle Technologies Q1 2026 Results
Ironton turnaround finished early/under budget; record 8.4M lb production (~10M lb feedstock); 5th consecutive revenue growth; two P&G approvals; Q1 net loss $33.4M; liquidity $131M.
6 May 2026
LanzaTech partners with DTU BRIGHT to build C1 biofoundry
Multi-year deal to design and install a next-gen C1 biofoundry, accelerating gas fermentation R&D to convert CO, CO2 and methane into fuels, chemicals and materials.
6 May 2026
OMV invests €65m in Schwechat Innovation Hub
New Schwechat hub (8,120 m²) will house labs, pilot plants and a technical centre with 50 workstations and space for up to 15 test facilities. Construction 55% done; start-up H1 2027.
6 May 2026
Borouge: First XLPE from Borouge 4 to support UAE energy sector
New plant doubles output (+100,000 t/yr), awarded ~$600M in local contracts, expands site capacity by 1.4M t and is expected to deliver up to $400M net profit over three years.
6 May 2026
Eli Lilly commits $4.5B to Indiana manufacturing, opens first genetic‑medicine facility
Buildout now totals $21B in Indiana since 2020; upgrades at Lebanon API to produce Foundayo, Zepbound/Mounjaro and retatrutide; project to scale API capacity and boost regional jobs and GDP.
6 May 2026
Topsoe and BioVeritas partner on second‑generation renewable fuels
Deal enables conversion of second-gen feedstocks (woody biomass, corn stover, straw, wastes) into KEYTones for processing with HydroFlex, allowing scalable renewable fuels and SAF in existing plants.
6 May 2026
ORLEN partners with AWS for cloud-based digital transformation
Migrate IT to cloud and adopt cloud-native apps to improve efficiency, scalability and security; use AI/ML, analytics and ISV solutions; multi-cloud strategy and staff upskilling.
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