Europe advanced project financing: the European Investment Bank approved a €450 million loan to OMV’s 140 MW electrolyser in Bruck an der Leitha, to start by end‑2027 and displace ~150,000 t/y CO2 at the Schwechat refinery. OMV calls it Austria’s largest of its kind under Strategy 2030. In the U.S., Air Liquide will invest ~$200 million in a new Partial Oxidation unit at Oxea’s Bay City site for syngas and low‑carbon hydrogen from 2029, featuring a CO2 recycling loop projected to cut ~64,000 t/y.
Nobian and Airengy will assess long‑duration compressed air energy storage in a Danish salt cavern operated by Nobian Dansk Salt. The trial aims to absorb surplus renewable power and return it to the grid, leveraging salt caverns’ sealing and high‑pressure suitability for gases, including hydrogen.
Topsoe and Sasol licensed an integrated G2L pathway combining Topsoe’s SynCOR and Sasol’s Fischer‑Tropsch technologies to Allied Biofuels for a Khorezm, Uzbekistan plant targeting ~300,000 t/y SAF, with FID in 2027 and operations by 2030. Separately, Nordic Ren‑Gas and avanca/Alternoil signed a €1 billion offtake agreement for renewable e‑methane from Tampere, produced by reacting green hydrogen with biogenic CO2, to be distributed to heavy‑duty transport via existing gas and LNG networks.
Lhyfe and Messer agreed a 10‑year supply agreement for renewable hydrogen and a 30% equity stake by Messer in four production sites in France and Germany. The deal carries minimum volume commitments from 2026, includes RFNBO supply, and integrates Messer’s safety, logistics and multi‑gas distribution for industrial customers.
Olin and Huntsman advanced their proposed all‑stock merger of equals to form OlinHuntsman, with the SEC declaring Form S‑4 effective and shareholder votes set for August 25, 2026; management cites more than $400 million expected synergies and an expanded global footprint. A PwC study for Gasunie finds CCS, low‑carbon (blue) hydrogen and hybrid boilers the most cost‑effective decarbonisation routes for Dutch industry, highlighting the need for timely H2 and CO2 networks and targeted risk‑mitigation instruments.
