All news (page 63)

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

Trafigura to develop 300,000 tpa smelter and 150,000 tpa anode plant at Nag Hammadi

Exclusive talks launched to build a 300,000 tpa primary aluminium smelter and 150,000 tpa anode plant at Nag Hammadi with investment of USD 750–900m.
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.
6 May 2026

Carbon Neutral Fuels' Project Starling completes FEL3A, advancing UK eSAF deployment

FEL3A completed for UK eSAF project: integrated design and 3D model, Class 3 cost estimate. Targets 25,000 tpa by 2031 with ~95% lifecycle GHG reduction; DAC integrated.
6 May 2026

Delfin Midstream secures 20‑year, 0.3 Mtpa LNG deal with Gunvor

LNG delivered FOB from an FLNG facility 40 nm off Louisiana, using a brownfield deepwater port, UTOS pipeline acquisition and federal approvals to support long-term exports.
6 May 2026

TA’ZIZ and Alpha Dhabi to invest $10bn in UAE chemicals

Study to develop up to 14 industrial chemicals, adding ~2.2 mtpa capacity in Al Ruwais to support import substitution, local supply‑chain resilience and MIITE industrial strategy.
6 May 2026

Nouryon launches Perkadox PM-60ST-GR to restore recycled polypropylene performance

Organic peroxide added in extrusion restores recycled PP chains, raising melt viscosity and resistance (up to 10×) to allow more recycled content in packaging, auto and consumer goods
6 May 2026

Equinor Q1 2026 results

Adjusted operating income USD 9.77bn; adjusted net income USD 3.70bn. Record production +9% (2,313 mboe/d). Seven NCS discoveries, Raia drilling, Q1 dividend $0.39/sh, $375m buy-back tranche.
6 May 2026

Aramco and solutions by stc to deploy next-generation Upstream supercomputer

Next-gen supercomputer will boost Upstream compute—7× capacity—for seismic imaging and reservoir simulation, improving hydrocarbon discovery, recovery and field life; delivery 2027

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