Daily Archives: 20, May 2026

bp Secures Additional Oil and Gas Blocks Near Tangguh LNG Infrastructure in Indonesia

(IN BRIEF) bp has signed three new Production Sharing Contracts in Indonesia covering the Bintuni, Drawa and Barong blocks, expanding its upstream energy portfolio in the country to 11 participating blocks. The agreements strengthen bp’s presence near its existing Tangguh … Read the full press release

DHL Integrates Rail Freight into Formula 1 Supply Chain to Reduce Transport Emissions

(IN BRIEF) DHL has completed its first-ever rail freight operation for Formula 1 logistics, transporting approximately 50 containers of race equipment from Miami to Montreal during the 2026 season. The pilot shifted around 68 percent of freight that would normally … Read the full press release

BASF Expands Processing Capabilities for Ultramid® Advanced with Innovative Welding Method

(IN BRIEF) BASF has patented a new hot gas welding process for thermoplastics that significantly shortens welding times while improving energy efficiency and maintaining high weld seam quality. The technology is especially suited for Ultramid® Advanced polyphthalamide materials used in … Read the full press release

BASF’s loopamid® Technology Enters Lingerie Market Through New Partnership with Lindex

(IN BRIEF) Lindex and BASF have partnered to introduce recycled polyamide materials into the lingerie sector using BASF’s loopamid® technology. The recycled polyamide 6 material is produced entirely from textile waste and is designed to support textile-to-textile recycling while maintaining … Read the full press release

BASF and Cromology Transform End-of-Life Tires into Sustainable Raw Materials for Decorative Paints

(IN BRIEF) BASF and Cromology have introduced a new circular economy solution for the coatings industry by incorporating chemically recycled materials derived from end-of-life tires into decorative wall paints. Cromology will use BASF’s Acronal® Ccycled® acrylic binder in its new … Read the full press release

Energiekontor Secures New PPA Agreements for Post-EEG Wind Parks and Expands Renewable Energy Portfolio

(IN BRIEF) Energiekontor has secured new power purchase agreements for 17 German post-EEG wind parks with a combined capacity exceeding 100 megawatts, strengthening the long-term profitability of its renewable energy portfolio. The company continues expanding and modernizing its wind and … Read the full press release

International Security GmbH Expands Video Guard Fleet with New SFC Energy Fuel Cell Order

(IN BRIEF) SFC Energy AG has secured a EUR 2.8 million order from International Security GmbH for EFOY Pro 2800 methanol fuel cells that will power Video Guard mobile surveillance units. The agreement strengthens SFC Energy’s position in the growing … Read the full press release

European Medicines Agency Reports Growth in Multinational Clinical Research Activity Across the EU

(IN BRIEF) EMA, together with the European Commission and the Heads of Medicines Agencies, has released the first report measuring progress toward the EU’s 2030 clinical trial targets. The report shows that 19 additional multinational clinical trials have been authorised … Read the full press release

European Investment Fund and AFIN IFN Advance Financing Access for Romania’s Social Economy Sector

(IN BRIEF) The European Investment Fund has signed a €480,000 subordinated loan agreement with Romanian non-bank lender AFIN IFN to strengthen financing for social enterprises, NGOs and cooperatives across Romania. Supported by the InvestEU programme, the 10-year agreement aims to … Read the full press release

Global Suppliers Recognized by Schaeffler for Excellence in Manufacturing and Mobility Solutions

(IN BRIEF) Schaeffler honored seven suppliers during Supplier Day 2026 in Herzogenaurach, recognizing outstanding achievements across categories including electric mobility, powertrain systems, industrial solutions and logistics. The event focused on the importance of resilient supply chains, strategic supplier partnerships and … Read the full press release

European Banks Advance Regulated Stablecoin Project with Nordea Joining Qivalis Consortium

(IN BRIEF) Nordea has joined Qivalis, a consortium of European banks developing a regulated euro-denominated stablecoin designed to support digital payments and blockchain-based financial services. The initiative aims to strengthen European financial infrastructure and autonomy while operating under the EU’s … Read the full press release

FMO Backs Ecobank’s Landmark USD 450 Million Nature Bond for Sustainable Finance in Africa

(IN BRIEF) FMO has participated as an anchor investor in Ecobank’s USD 450 million Sustainable Agriculture & Natural Capital Bond, the first ICMA-aligned Nature Bond issued by an African commercial bank. The proceeds will support sustainable agriculture and water infrastructure … Read the full press release

New Covestro TPU Facility in Guangzhou Strengthens Regional Customer Collaboration and Material Innovation

(IN BRIEF) Covestro has opened a new TPU Application Development Center in Guangzhou, China, as part of its strategy to strengthen innovation and customer collaboration across Asia-Pacific. The facility complements the company’s TPU production site in Zhuhai and R&D center … Read the full press release

WADcouple Project Aims to Integrate Scientific Insights on Climate and Biodiversity Pressures in the Wadden Sea

(IN BRIEF) The Netherlands and Germany have launched the WADcouple coordination and knowledge transfer project with €650,000 in joint funding as part of an international research programme focused on understanding environmental and human pressures affecting the Wadden Sea. The initiative … Read the full press release

Saab Expands Defence Cooperation with Lithuania Through New Carl-Gustaf M4 Weapons Agreement

(IN BRIEF) Saab has secured a SEK 460 million order from Lithuania for Carl-Gustaf M4 weapons and training equipment, with deliveries planned from 2026 to 2029. The agreement forms part of a broader ten-year contract that could reach a total … Read the full press release

Financial Services Sector Warns Against Diluted Market Data Reforms as FCA Reviews Equity Trading Framework

(IN BRIEF) Financial industry organisations are calling on the UK Financial Conduct Authority to introduce a full consolidated tape that includes both pre-trade and post-trade data as part of its upcoming review of UK equity market structure. Industry participants argue … Read the full press release

Gasum strengthens Nordic power business with appointment of Tommi Riikonen to lead Portfolio Services

(IN BRIEF) Gasum has appointed experienced energy sector executive Tommi Riikonen to lead its Portfolio Services operations within the company’s power business beginning in June 2026. Riikonen joins from Väre Oy and will help strengthen Gasum’s customer-focused energy solutions, portfolio … Read the full press release

Germany’s entrepreneurial sector sees rising youth participation and stronger digital business growth, says KfW

(IN BRIEF) KfW Research has found that Germany’s entrepreneurial sector is becoming increasingly younger, with people under 30 now accounting for 40 per cent of all business founders. While overall business creation rose in 2025, growth was driven mainly by … Read the full press release

Maritime industry to gain real-time intelligent shipping capabilities through Ericsson and Net Feasa collaboration

(IN BRIEF) Ericsson and Net Feasa have launched a new global partnership focused on bringing onboard 4G and 5G connectivity combined with agentic AI-driven operational systems to the maritime shipping industry. The solution enables real-time cargo monitoring, enhanced supply chain … Read the full press release

Standard Chartered aims for approximately 18 per cent RoTE through expanded wealth management and digital investment

(IN BRIEF) Standard Chartered has announced a new long-term growth strategy targeting approximately 18 per cent return on tangible equity by 2030 as the bank focuses on expanding its cross-border banking, wealth management and corporate finance operations. The plan includes … Read the full press release