All news (page 28)

4 August 2026

ORLEN acquires 216 MW hybrid solar‑wind project in Greater Poland

216 MW hybrid PV and wind complex in Kazimierz Biskupi to produce ~315 GWh/year, use cable pooling and join nearby Kleczew to form a 485 MW onshore renewables cluster.
4 August 2026

Kemira acquires REPUR S.r.l., adds activated carbon reactivation capability

Adds thermal reactivation capability for spent activated carbon; REPUR had ~€5M revenue and 21 employees; purchase price undisclosed.
4 August 2026

Aramco Q2 and H1 2026 results

Strong H1 profits and cash flow; Q2 free cash flow hit by $13.6bn working-capital build. Dividend declared and key upstream/gas projects on track for 2026–27 completion.
3 August 2026

Mitsubishi Chemical installs 1,982.4 kW floating PV at Hiroshima plant

1,982.4 kW floating PV on the plant's regulating reservoir started Aug 1, 2026; on-site PPA with KYORAKU; reduces ~1,000 t‑CO2/yr (≈2.2 GWh).
3 August 2026

LANXESS launches Disflamoll Advance platform and Disflamoll Advance OT

Platform delivers plasticizing flame retardants with TPP below 0.1%, strong flame- and smoke-control, reduced antimony use and up to 40% lower carbon footprint.
3 August 2026

SOCAR acquires ITOCHU’s 3.65% stake in Azeri‑Chirag‑Gunashli, lifting its share to 35.3%

Raises national operator's ACG stake to 35.3%; transaction met legal and contractual requirements; first free gas production from ACG fields begins this year.
3 August 2026

Eli Lilly: olomorasib receives FDA Breakthrough Therapy for previously treated KRAS G12C advanced pancreatic cancer

Breakthrough designation covers olomorasib monotherapy for adults with advanced pancreatic cancer harboring KRAS G12C after at least one prior systemic therapy.
3 August 2026

SOCAR buys ITOCHU's 3.65% ACG stake, raising its share to 35.3%

Share in ACG rises from 31.65% to 35.3% after purchase of a 3.65% participating interest; transaction executed under legal, contractual and SOCAR internal rules.
3 August 2026

Essar marks 15 years of Stanlow ownership

Stanlow refinery: £1bn modernisation, recent £100m turnaround (+8% throughput) and hydrogen-ready furnace; £4.3bn decarbonisation pipeline with >£1bn near FID and c.5,000 UK jobs supported.
3 August 2026

Mitsubishi Gas Chemical and Veritas In Silico file patent for nucleic acid drug targeting lncRNA H19

Patent application covers a nucleic acid therapeutic against lncRNA H19 developed with an AI-driven discovery platform; commercialization planned using dedicated CRDMO capacity.
3 August 2026

Sinopec's Xinjiang Petroleum exports first No.0 diesel to Kyrgyzstan

First batch of No.0 automotive diesel cleared customs at Torugart Port, opening an overland energy export channel from Xinjiang to Central Asia.
3 August 2026

CPPC and SCGC launch ASEAN’s first food-grade recycled pet food packaging

Food-grade recycled pet food packaging uses advanced recycling to convert post-consumer plastics into certified circular polyolefins, ISCC PLUS certified and commercial since 2024.
3 August 2026

bp sells Gelsenkirchen refinery to Klesch Group

Sale reduces underlying opex by about $1 billion, is free-cash-flow accretive based on historical performance, and transfers assets, liabilities and employees.
1 August 2026

CATL and Pinglu Canal Group to build zero-carbon energy system for Pinglu Canal

Pilot electric ships to use marine batteries with a 'battery bank' leasing service, plus wind/solar, storage, microgrids and an intelligent carbon-monitoring system along the canal.
31 July 2026

LG Chem Q2: KRW 14.1759tn revenue and KRW 599.6bn operating profit

Revenue rose 19% YoY and operating profit 25.8% YoY; petrochemical spreads and battery-materials demand lifted results, while Q3 shows mixed outlook across divisions.
31 July 2026

POSCO Group signs MOU with Meteoric Resources to secure Brazilian rare earths

MOU covers long-term supply, possible equity investment and definitive agreements to channel Brazilian rare earth intermediates into refining for permanent-magnet makers.
31 July 2026

Sasol and partners commission 2 kW HySA PEM electrolyser in Sasolburg

A 2 kW PEM electrolyser will be used for testing, skills development and system integration under variable renewable power, supporting localisation and PGM beneficiation.
31 July 2026

KazMunayGas and CITIC Group deepen strategic partnership

Joint venture KBM produced 1.018 MMt in H1; Coastal Zone drilling and reserves expanded; CASPI BITUM upgraded to 1.5 MMtpa refining and 750 Ktpa bitumen output.
31 July 2026

KazMunayGas and Sinopec review joint projects

2D (900 km) and 3D (300 km2) seismic work ahead of a 7,000 m ultra‑deep well; 1.25 MMtpa PE plant >34% complete; Aktobe output target 800 Kt by 2028; CCUS working group proposed.
31 July 2026

Novo Nordisk: ZEUS phase 3 finds no MACE reduction with ziltivekimab

Ziltivekimab lowered free IL‑6 and hsCRP but did not reduce cardiovascular events; safety similar to placebo except for more serious infections; related trials continue with H1 2027 readouts.
31 July 2026

LyondellBasell Q2 2026 earnings

EBITDA $1.3bn ($2.1bn ex-items); net income $0.6bn ($1.4bn ex-items); completed European asset divestiture; $500m Cash Improvement Plan target by end‑2026.
31 July 2026

Moeve H1 2026: €1.2bn Clean CCS EBITDA; 69% of H1 capex to energy transition in Spain

Net income €458m, capex €605m and operating cash flow €762m; leverage fell to 1.2x; groundbreaking for 300 MW Andalusian Green Hydrogen Valley on Sept 17; Galp merger talks continue.
31 July 2026

FUCHS JV ALHAMRANI FUCHS PETROLEUM Yanbu plant severely damaged by fire

Fire on July 25 damaged production and filling units in Yanbu; operations suspended, no injuries. Customer supply to be maintained via alternative production and sourcing while reconstruction is planned.
31 July 2026

Chugai files for Enspryng indication to prevent relapses in MOGAD in Japan

Regulatory submission seeks approval of satralizumab to prevent relapse in MOG antibody‑associated disease after Phase III showed a 68% risk reduction.
31 July 2026

bp launches sale process for its North Sea business

Launching a process to market its North Sea business for potential sale, part of a portfolio review to focus capital on highest-value opportunities.
31 July 2026

OMV Petrom Group H1 2026 results

Clean CCS Operating Result 3 bn lei; net income 1.8 bn lei; CAPEX 3.7 bn lei; contribution to state budget 10.2 bn lei; Neptun Deep on track for first gas in 2027.
31 July 2026

Umicore H1 2026 results

Adj. EBITDA +33% to €577m and margin 30.2%; revenues €1.9bn; Free Operating Cash Flow €295m; guidance upgraded to slightly above €1bn adj. EBITDA for FY2026.
31 July 2026

FUCHS posts 11% H1 sales growth to EUR 2,003m and raises EBIT outlook

EBIT rises 24% to EUR 260m; free cash flow before acquisitions EUR 61m; full takeover of Turkish JV in April 2026; Middle East conflict tightens base‑oil supply.
31 July 2026

Shell to sell BG Cyprus Ltd to MOL Group for up to $720 million

35% non-operated stake in Cyprus Block 12 (Aphrodite); produced gas to be sold to EGAS; completion expected early 2027, subject to approvals.
31 July 2026

OMV Q2 2026: Clean CCS operating result €1,706m

Strong cash flow and low leverage; all segments profitable. Chemicals lifted by Borouge International closing and higher olefin/polyolefin prices.

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