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EU Strengthens CBAM Rules
On 17 December 2025, the European Commission presented measures to strengthen the Carbon Border Adjustment Mechanism (CBAM) to prevent circumvention, ahead of its full entry into operation in 2026. The package includes a proposal for a regulation to extend to additional steel- and aluminum-related downstream products, a temporary decarbonisation fund (estimated at €600 million), the CBAM review report assessing the transitional period, and secondary legislation to simplify methodology and calculation criteria.
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BP Announces Meg O’Neill As New CEO
The Bp Board has appointed Meg O’Neill as bp’s next chief executive officer (CEO), effective 1 April 2026. Murray Auchincloss

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EU Strengthens CBAM Rules
On 17 December 2025, the European Commission presented measures to strengthen the Carbon Border Adjustment Mechanism (CBAM) to prevent circumvention,

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EU Strengthens CBAM Rules
Advario Begins Green Methanol Storage In Daya Bay
Shell & Equinor Complete Formation of Adura
HES Botlek Allocates 65% Tankage to Biofuels
Uniper & Thyssenkrupp to Build Ammonia Crackers
VTTI Malaysia Opens Bitumen Plant
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