All news (page 57)

25 May 2026

Eni approves FID for Baleine Phase 3 in Côte d’Ivoire

Phase 3 lifts oil from 60k to 150k bpd and gas from 80 to 200 MMcf/d. New FPSO. All gas for domestic power/industry. Phased fast‑track development to boost energy security and local growth
25 May 2026

Aramco transfers PRefChem ownership to PETRONAS

PRefChem is now fully owned by the buyer; deal boosts acquirer's operations and supply flexibility, lets seller optimize downstream assets. Also to explore crude supply, tech exchange and distribution
25 May 2026

Sines strengthens transatlantic digital connectivity

Telesur–EllaLink deal to build Caribbean Gateway cable linking the Caribbean, Europe, US and Brazil, boosting capacity and redundancy and EU digital resilience; boosts ZILS appeal for data infra
25 May 2026

PETRONAS: Lifeboat-maintenance incident at FSO Sepat kills three

FSO Sepat lifeboat-maintenance incident involved four contractor personnel; one injured and evacuated for treatment. Investigations ongoing; company offering support and condolences.
25 May 2026

AGC opens DX Innovation Hub at IIT Hyderabad

R&D and talent-development base for DX - integrates IT and manufacturing expertise, advances AI projects (anomaly detection, demand forecasting) and enables global deployment of skills and tech.
23 May 2026

SPIC Q4 profit up 51.5% to Rs 29.49 crore; FY26 net up 35.9%

Revenue fell to Rs. 584.15 crore in Q4; urea production and sales dipped and subsidy receipts totalled Rs. 450.33 crore for the quarter.
23 May 2026

MOL opens probe into Olefin-1 incident at Tiszaújváros

Cooperating with authorities; unit draining underway for damage assessment. Two discharged, seven hospitalized (stable). Psychological support provided. Fuel supply unaffected; other units operating.
22 May 2026

Acelen Renewables raises US$1.5bn to build SAF/HVO biorefinery in Bahia

Bahia biorefinery to produce 1 billion litres/year of SAF and HVO, targeting start of operations in 2029.
22 May 2026

Boehringer Ingelheim: CHMP backs JASCAYD (nerandomilast) for IPF and PPF

CHMP recommends EU approval after Phase III FIBRONEER trials showed slowed FVC decline in IPF and PPF; oral preferential PDE4B inhibitor already authorised in multiple countries.
22 May 2026

MOL Petrochemicals explosion in Tiszaújváros — one dead, several injured

Fire at olefin plant is being extinguished; company cooperating with authorities. CEO en route. Company expresses condolences and regards the colleague as part of the corporate group.
22 May 2026

MOL obtains U.S. license to continue NIS negotiations

OFAC granted a license to continue negotiations to acquire a majority stake in NIS until 6 June 2026; talks enter final phase—significant progress, but some terms remain to be settled.
22 May 2026

MOL Olefin-1 explosion in Tiszaújváros

Explosion during unit restart left one worker dead and nine injured; fire extinguished. Investigation under way. Other complex units keep running; refining and fuel supply unaffected; event insured.
22 May 2026

EU awards €400m to 65 projects to decarbonise industrial heat

Across 10 EEA countries, projects deploy heat pumps, resistance, solar thermal and hybrids in sectors like pulp, steel, glass and food - avoiding 6.6M tCO2 over 10 years. Grant deals expected H2 2026.
22 May 2026

Eli Lilly's Foundayo (orforglipron) reduces body weight up to 13% in adults 65+

Once-daily oral orforglipron can be taken any time without food/water restrictions; showed significant 72-week weight loss across ages and diabetes status; safety consistent; GI AEs common.
22 May 2026

Merck secures CHMP positive opinion for KEYTRUDA + Padcev in cisplatin‑ineligible resectable MIBC

CHMP backed perioperative regimen for cisplatin‑ineligible resectable MIBC after Phase 3 KEYNOTE‑905 showed significant EFS, OS and pCR gains; EC decision due by Q3 2026; FDA cleared Nov 2025.
22 May 2026

Novo Nordisk: CHMP recommends Wegovy pill (oral semaglutide), the first oral GLP‑1, for EU approval

Oral semaglutide showed 16.6% mean weight loss (OASIS4, adherent); SELECT data added to label for CV risk reduction; no drug-drug restrictions; planned launch outside US H2 2026.
22 May 2026

Port of Rotterdam demonstrates safe ship-to-ship ammonia bunkering (MAGPIE)

Full-scale ship-to-ship ammonia bunkering demo found bunkering can be done safely in active ports if planned with robust safety, equipment and regulatory frameworks; report gives practical guidance.
22 May 2026

Uniper appoints Birgit Korte Head of External Communication and Group Spokesperson

Birgit Korte will become Head of External Communications and Group Spokesperson in June 2026. She previously led the press office at the Federal Ministry for Economic Affairs and Energy.
22 May 2026

GreenLine Mobility expands LNG truck deployment with Tata Steel

LNG trucks flagged off at Meramandali to cut long‑haul emissions; fleet 1,000+ LNG/EV trucks, 90M+ km, >24,000 tCO2 saved; target 10,000 trucks and 100 LNG stations.
22 May 2026

PRC Europe 2026: Downstream leaders focus on decarbonisation in Amsterdam

Delegates debated turning ambitions into bankable projects: hydrogen integration, SAF, refinery synergies, circular feedstocks, recycling tech, digitalisation and execution risk
21 May 2026

Fincantieri and Teijin Automotive Technologies to develop composite bulkheads

MoU to engineer non-structural composite bulkheads for ships using a patented carbon-based composite that holds non-combustibility certification.
21 May 2026

PETRONAS Chemicals Group 1Q2026: 97% plant utilisation and improved earnings

High plant utilisation, RM7.0bn revenue and RM1.2bn EBITDA; PAT RM427m vs LAT RM730m prior quarter amid higher commodity prices.
21 May 2026

Aurora Renewable Carbon and Ten Damme agree long-term biomass supply for Empyro

Long-term deal secures sustainably sourced wood residues for Empyro bio-oil plant restart; feedstock will meet NTA 8080 traceability and sustainability criteria.
21 May 2026

PCC SE: Stable Q1 EBITDA amid 12% sales drop

EBITDA fell 2.9% to €13.0m while sales dropped 12% to €221.0m; EBT improved on exchange-rate effects; Trading & Services and logistics strengthened; bond repaid €21.0m.
21 May 2026

Repsol’s 825 MW Pinnington solar plant enters commercial operation in Texas

Reached COD 2.5× faster than peers; built by Black & Veatch/OCI. Created ~700 construction jobs, 1.5M panels, cuts ~1M t CO₂/yr, boosts ERCOT capacity and grid resilience.
21 May 2026

Eni inks long-term LNG deals in Indonesia

Three long-term deals secure ~2 MTPA LNG from Kutei Basin; supply via Bontang LNG, reactivating one idle train to maximize use of existing infrastructure.
21 May 2026

Rely wins Power2X EPC for 20MW Djewels green hydrogen plant in Delfzijl

Project reached FID/NTP and moves into construction. Will use John Cockerill pressurized alkaline electrolysis; first hydrogen expected mid‑2028; plant ties into local Chemical Park and Nobian.
21 May 2026

Eni CCUS Holding secures £500m+ financing facility for CCS platform

Facility backs Liverpool Bay CCS (operational 2028; 4.5 Mt/yr rising to 10 Mt by 2030s), funds other projects (L10, Bacton, Ravenna option); 13-bank syndicate; 30% built
21 May 2026

PureCycle and Reliable Caps launch closures made with PureFive recycled polypropylene (up to 75% PCR)

Bright white, colorable closures using certified, domestically sourced recycled PP; FDA-grade and GreenCircle‑certified, suited for contact‑sensitive food, beverage and personal‑care packaging.
21 May 2026

LANXESS re-elects Rainier van Roessel as Supervisory Board Chairman

Uta Kemmerich-Keil (59), former head of P&G International Personal Healthcare, joins the Supervisory Board, succeeding Dr. Heike Hanagarth, who did not stand for re-election.

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