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(page 8)
25 June 2026
Iberdrola opens Fénix 243 MW photovoltaic plant in Italy
243 MW PV plant in Sicily producing nearly 400,000 MWh/year — enough for 140,000+ homes — with long-term PPAs covering most output.
25 June 2026
OCI court-appointed independent non-exec directors continue review of NNS cash offer
They stress independence under an Enterprise Court mandate, aim to finalise assessment by end-June 2026, and have not authorised an EGM to approve the proposed transaction.
25 June 2026
thyssenkrupp and GlobalLogic partner to deploy Physical AI and autonomous robotics
Deploy Physical AI and autonomous robotics to remove engineering bottlenecks, protect frontline workers and accelerate decarbonization across heavy industry.
25 June 2026
Equinor submits EIA programme for Wisting development
Public consultation opens on the EIA programme for a possible Wisting FPSO development in the Barents Sea; consultation runs 16 weeks and FID is targeted end-2027.
25 June 2026
Iberdrola and bp push green hydrogen project at Castellón refinery
€211m IPCEI Hy2USE reallocated to Castellón plus €15m NextGenerationEU support; plant to start production before year-end and aim to be Spain’s largest green hydrogen facility in 2026.
25 June 2026
Petrobras to restart UFN-III nitrogen fertilizer plant in Três Lagoas
Work restarts on UFN‑III with R$5bn+ investment and new PAC support; operations due in 2029; plant to produce urea and ammonia for Brazil's agribusiness.
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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25 June 2026
ORLEN and Naftogaz sign two MoUs to expand LNG cooperation and sustainability support
Two MoUs to expand LNG trading, shared use of regasification and transmission infrastructure across the Baltic/CEE, plus exchange on sustainability, decarbonisation, green finance and ESG.
25 June 2026
Nextchem (MAIRE) completes acquisition of Ballestra Group including Mazzoni and BUSS ChemTech
Adds full NPK fertilizer technologies, fluorine and oleochemistry capabilities; integrates ~460 staff, pilot plants and a €270m backlog; transaction paid at €148.2m.
25 June 2026
OMV Petrom: all modules delivered for 20 MW Petrobrazi electrolyzer
Final module delivered for the 20 MW electrolyzer; it will produce ~3,000 t/yr green hydrogen for the SAF/HVO unit; total planned capacity is 55 MW across two projects.
25 June 2026
ONGC and bp sign technical services contract for Western Offshore Basin
Technical services contract appoints a TSP for the Western Offshore Basin to deploy technology and operating practices to curb decline and improve recovery.
25 June 2026
Vattenfall: Swedish state to acquire 60% of Videberg Kraft
Risk‑sharing and financing terms agreed to enable new nuclear on the Värö Peninsula; ownership structure effective 2027; Rolls‑Royce SMR selected to supply three small modular reactors.
25 June 2026
Qatar pushes EU to amend Methane Regulation in joint open letter
Urges targeted clarifications to the EU Methane Regulation and requests stop‑the‑clock, grandfathering and penalty relief ahead of January 2027 provisions.
25 June 2026
Siemens and Ucaneo to scale electrochemical Direct Air Capture
A standardized automation and digital platform will enable rapid global rollout of an electrified electrochemical DAC process through licensed operators.
25 June 2026
Borouge launches Queo 7030LA-P polyolefin elastomer
Low-density, high-melt-flow elastomer that improves flexibility, processing and filler loading for TPOs, adhesives and highly filled compounds.
25 June 2026
ORLEN Advances Cerisa Development in North Sea
Cerisa will yield ~8.5 million boe (incl. ~0.8 bcm gas); production start 2027; peak ~6,000 boe/d; two wells tied into existing Duva subsea template to cut cost and time.
25 June 2026
UPM and ANDRITZ form multi‑year tissue innovation partnership
Shared access to a pilot-scale PrimeLineTIAC in Graz enables manufacturers to trial a standard hardwood pulp, speed commercialization, and optimize dry‑crepe, textured and TAD processes.
25 June 2026
Bilfinger provides Owner’s Engineering for BS Energy CHP plants
Three-year framework to oversee upgrades, inspections and modernization of Braunschweig CHP plants to raise heat-generation efficiency and cut CO2 emissions.
25 June 2026
Asahi Kasei FO–MD system installed at Peptistar for API manufacturing trials
Novel forward osmosis–membrane distillation unit concentrates heat-sensitive APIs without heat or pressure, cutting freeze-drying batches and time; trialled at manufacturing scale up to 100 L for GMP evaluation.
24 June 2026
Saipem sells Saudi shallow-water drilling unit to ADES for $285m
Deal covers five jack-up rigs; SAS posted 2025 revenues of SAR 636m (USD 170m). Buyer will bareboat-charter one rig back; closing targeted by Q3 2026 subject to approvals.
24 June 2026
TotalEnergies enters Bab Gas Cap concession in Abu Dhabi
Takes 10% stake in Bab Gas Cap with partners including ADNOC (operator), bp and CNPC; project targets 1.5 bcfd and connects to Ruwais LNG and condensate growth.
24 June 2026
bp takes 10% stake in ADNOC-led Bab Gas Cap concession
Concession to tap three Bab Field reservoirs, producing up to 1.5 bcfd of gas and condensate; supports UAE gas self-sufficiency and LNG export growth.
24 June 2026
OCI confirms NNS intends EUR 4.10 per‑share voluntary cash offer
NNS plans a voluntary all‑cash offer at EUR 4.10 cum dividend per share; OCI board (excluding court‑appointed members) backs a cash option tied to the Orascom combination.
24 June 2026
Petrobras Búzios field reaches 1.1 million bpd
Supplies about one-third of Brazil's operated oil output; P-78/P-79 ramping up; 12 FPSOs planned with P-80/82/83 under construction.
24 June 2026
Iberdrola builds first large-scale US battery — Shutler (41 MW / 82 MWh)
Shutler in Gilliam County, Oregon will provide 82 MWh of storage to support the NW Pacific coast grid and help integrate renewables; target commissioning in 2027.
24 June 2026
Air Liquide invests €70M in Kazakhstan to supply Silleno polyethylene plant
€70M project to build two large, high‑purity nitrogen units at NIPT SEZ to support Silleno’s world‑scale polyethylene plant; commissioning targeted end‑2028.
24 June 2026
GSK commences tender offer for Nuvalent
Tender offer launched at $124 per share; requires majority of Class A shares tendered and HSR clearance; no guaranteed delivery; offer set to expire July 14, 2026.
24 June 2026
Clariant HYTREAT ECO — OSPAR‑compliant low‑dosage anti‑agglomerant for North Sea
First LDHI anti‑agglomerant to meet OSPAR rules; controls hydrates at <1–2% water‑volume dosing, proven in Norway and the UK under deepwater conditions.
24 June 2026
Lilly completes acquisition of Centessa to advance orexin R2 agonists
Closed June 24, 2026; adds a clinical-stage portfolio of orexin receptor 2 agonists for narcolepsy and other sleep‑wake disorders.
24 June 2026
Merck: EU approves pembrolizumab plus enfortumab vedotin for cisplatin‑ineligible resectable MIBC
First PD‑1 inhibitor plus ADC approved in EU as neoadjuvant then adjuvant therapy for cisplatin‑ineligible resectable muscle‑invasive bladder cancer.
24 June 2026
Chemetall (BASF Coatings) awarded Airbus SQIP Accredited Supplier for 11th consecutive year
Received top SQIP status for the 11th straight year and a special prize for de‑risking initiatives; praised for quality, on‑time delivery and handling higher volumes.
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