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(page 4)
7 July 2026
ADNOC, XRG and Mitsui sign strategic collaboration across the energy value chain
Framework to explore LNG, crude, sulfur, shipping, chemicals and international investments, including lower‑carbon fuels and TA'ZIZ projects.
7 July 2026
Axens and Egyptian Refining Company sign long-term collaboration agreement
Long-term deal to deliver technologies, catalysts, equipment, services and digital solutions to improve refinery performance, asset value and sustainability.
7 July 2026
Aramco awards five-year PMC framework to Worley
Five-year Saudi framework to support major capital projects; project management consultancy, digital tools and local capability-building for energy, chemicals and resources supply.
7 July 2026
Saipem awarded USD 2 billion EPCI contract for Kutei FPSO in Indonesia
EPCI for an FPSO to serve the Kutei North Hub, tied to subsea fields and a gas export pipeline to Bontang LNG and domestic users; 48-month execution.
7 July 2026
Fluor secures long-term PMC LTA with Aramco
Long-term PMC LTA covers pre-FEED through construction management for upstream, downstream, petrochemical and infrastructure projects, using local workforce and digital delivery.
7 July 2026
ADNOC and INPEX sign 15-year SPA for Ruwais LNG
Supply deal covers 1 mtpa from the 9.6 mtpa Ruwais plant, which starts commercial operations in 2028; project now >90% commercially committed and will run on clean power.
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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6 July 2026
Michelin and Axens in exclusive talks to commercialize 5‑HMF
Exclusive talks aim to industrialize 5‑HMF, a bio‑based platform for resins, polymers and PEF; first ~3,000 t/yr plant scheduled to start up early 2027.
6 July 2026
TaiSan raises £4.65m to commercialise sodium‑ion batteries
Seed funding to advance compact sodium‑ion cells for e‑bikes, light EVs and power tools; pilot tests, pack demos and scaled precursor manufacturing planned.
6 July 2026
TechnipFMC awarded Eni Baleine Phase 3 subsea contract
Design and manufacture flexible flowlines and risers to tie wells in ~1,200 m water depth to a new floating production unit for a fast‑track expansion offshore Côte d’Ivoire.
6 July 2026
Genmab: EC approves TEPKINLY (epcoritamab) + lenalidomide and rituximab for relapsed/refractory follicular lymphoma
First bispecific‑based, chemotherapy‑free second‑line option in Europe after Phase 3 showed major PFS benefit and high complete response rates.
6 July 2026
RIFT's Alpha One enters FEED
Moves into Front-End Engineering Design to refine plant design, reduce technical and execution risks, and prepare an engineering package for a Final Investment Decision.
6 July 2026
Eni takes 25% stake in EnergyX’s Black Giant lithium project in Chile
$225m phased investment for a DLE lithium project with closed‑loop brine reinjection; 52.5 kton/y LCE target, staged start‑ups in 2028 and 2030 and up to 25% offtake option.
6 July 2026
Heurtey Petrochem Solutions to supply efurnace for Pacífico Mexinol methanol project
Selected as supplier of an electrical tubular furnace for a 6,130 t/d ultra-low-carbon methanol plant near Topolobampo, Mexico, targeting operation in 2030.
6 July 2026
Essar Energy Transition renews US$300m crude facility with Petraco
Three-year facility refreshes crude sourcing and product marketing, strengthens feedstock security and capital structure while backing higher domestic output and low‑carbon investments.
6 July 2026
bp exits Bay du Nord interest, sells stake to Equinor
Non-operated stake in offshore Newfoundland project sold as part of portfolio simplification; transaction subject to approvals and accounting impacts to appear in Q2 results.
6 July 2026
INEOS' Sir Jim Ratcliffe urges von der Leyen to protect Europe's chemical industry
Warns China is dumping excess chemical capacity into Europe, calls for faster trade safeguards and ETS Investment Booster support for Project ONE (€5bn) low‑carbon ethylene.
6 July 2026
Eni Storage Systems breaks ground on Brindisi LFP gigafactory and BESS assembly plant
New Brindisi hub will produce LFP cells and modules, add cathode material and recycling, and target 16 GWh/year by 2030 for stationary energy storage.
6 July 2026
ADNOC launches integrated global LNG marketing and trading platform
Combines marketing arms and trading into an ADGM-based LNG hub, targeting 47 mtpa marketable LNG by 2035 and expanding shipping optionality.
6 July 2026
Avantium spins out Volta into Carbeau, secures €35.2m
Spin-out backed by strategic and financial investors to scale an electrochemical CO₂-to-chemicals platform targeting glycolic acid and compostable PLGA.
5 July 2026
Toray develops KSB-200, next‑generation κOR analgesic candidate
Novel κ-opioid agonist showed oral analgesia in mice with reduced sedation in preclinical tests; company will present data at INRC 2026 and seek early partners.
5 July 2026
MoCI and QatarEnergy to govern hydrocarbon resource allocation and expand Mesaieed medium industries area
Establish joint governance to evaluate and allocate natural gas, power and related resources to downstream industrial projects and create a medium-industries zone in Mesaieed.
3 July 2026
Petrobras starts operations at Pre‑Salt Technology Center in Itajubá (UNIFEI)
Semi‑industrial plant reproduces high pressures, temperatures and high CO₂ of pre‑salt; R$300 million R&D investment; HISEP pump final qualification tests planned H2 2026.
3 July 2026
EnviTec Biogas AG: Dividend suspended as company pivots to biomethane
AGM approves dividend suspension to preserve cash; company won EEG subsidies for ~16 MW, plans ~€100m investment to convert plants toward biomethane by 2031.
3 July 2026
Aurubis opens Complex Recycling Hamburg plant for strategic metals
New unit processes copper, lead and sulfur in one plant, raising recycling capacity and EU supply-chain resilience.
3 July 2026
ACM reserves ZILS land for antimony refinery
Antimony refinery planned at Sines industrial zone; expected to create ~150 skilled direct jobs and ~300 indirect jobs while strengthening Europe’s critical metals processing capacity.
3 July 2026
Mitsubishi Gas Chemical inks 100,000 t/y green methanol offtake with ACME Group
Starts at commercial operation in 2030; product meets ultra-low carbon intensity and targets fuel and chemical markets in Japan and Asia.
3 July 2026
Asahi Kasei adds slitting facility for SUNFORT DFR in Tainan
New Tainan slitting plant expands DFR capacity for advanced semiconductor packaging; commercial operations start this month.
2 July 2026
VIDA bioenergy Bernheze plant begins biomethane production
Bernheze plant starts injecting biomethane into the Dutch grid, ramping to 8 million m³/year and processing ~72,000 t/year of agricultural feedstock.
2 July 2026
Tessenderlo Group intends to close PB Leiner Vilvoorde site
Plans to close the Vilvoorde production site after a strategic review found no viable way to continue; a legally required employee consultation process has been opened.
2 July 2026
Yara acquires Gulf Coast Ammonia Texas City plant for USD 1.3bn
Texas City ammonia plant (1.3 mtpa) bought for USD 1.3bn; commissioning underway and ramp to full, stable output targeted by end‑2026; Air Products to supply H2/N2 under long‑term contract.
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