Petrochemicals

100% Sapukala deep-water block awarded; adjacent to major gas discoveries and covered by new seismic to speed evaluation.

Convert plastic waste into about 10,000 t/y of renewable aromatic oil and downstream benzene, phthalic anhydride and aromatics for circular supply chains; first plant operational early 2028.

€1bn Europe-wide auction for industrial process-heat decarbonisation; bidding opens early Dec 2026. Supports electrification, renewable heat and SMRs with a fixed premium per tCO2.

FID taken for Ima field offshore Bonny Island to feed NLNG Train 7; start-up 2028, plateau 350 MMscfd, single-platform 22 km tie-back, low-emissions design.

Sold 50% Na Kika interest and 100% Coulomb tieback for about $840m; effective date July 1, 2025; buyers are a Talos subsidiary and a Ridgewood affiliate.

Revap has produced 95,000 t of CAP Pro R asphalt using technical corn oil, a semi‑refined residual from corn ethanol processing sourced from Inpasa.

RFP open to AI vendors with generative AI, ML, data science and industrial deployment experience; Polish firms encouraged; details on Connect platform.

DEVO™ purification unit commissioned and operating at planned capacity in a new 100,000 t/y POE plant; system reduces residual volatiles while using less energy than alternatives.

Aligns businesses by role, assigns roles to six German sites, and shifts investment to Asia/Americas; launches growth projects in Canada and Slovakia, funded by cost cuts.

Fire-damaged crude distillation unit rebuilt with an 18 billion‑forint repair budget; phased restart and safety testing will begin, with production returning in October.