• Re-engineered technology extends range by up to 18% (390 miles/628km WLTP) and reduces charging times by up to 14%
• Black Badge Spectre Series II becomes the most powerful Rolls-Royce ever created, delivering 500kW of power through Infinity Mode and up to 1100Nm torque in Spirited Mode
• Bespoke possibilities expanded to support increasingly ambitious commissions
• Iced Black exterior detailing introduced for Black Badge Spectre Series II
• New clock design draws on aviation instruments, housed within a Clock Cabinet vitrine
• New Bespoke interior offering: Duality Twill and Placed Perforation now available for Spectre

“Spectre is a landmark motor car for Rolls-Royce – conceived by our engineers, designers and craftspeople, informed by our clients and acclaimed the world over. It amplifies the qualities our clients value most: silence, effortlessness and abundant power, confirming that Rolls-Royce is perfectly suited to electrification. This motor car’s extraordinary reception around the world has also established Spectre as one of the most compelling canvases for Bespoke in our contemporary product portfolio, inspiring clients to pursue ever more individual and ambitious commissions. With Spectre Series II, we extend those possibilities even further. This refinement of a modern masterpiece is made in the spirit of our co-founder, Sir Henry Royce, who said: ‘Small things make perfection, but perfection is no small thing’.”
Chris Brownridge, Chief Executive, Rolls-Royce Motor Cars

“Spectre has consistently been recognised as one of the most elegant automotive forms of the modern era. Clients frequently cite its design as one of the defining reasons for their commission, and it will undoubtedly take its place in future collections of remarkable motor cars. In expanding the palette of materials and crafts introduced for Spectre Series II, we respond directly to our clients’ desire to approach Spectre with even more creative ambition, as they explore its possibilities as a canvas on which to tell their story.”
Domagoj Dukec, Director of Design, Rolls-Royce Motor Cars


Rolls-Royce announces Spectre Series II, introducing a suite of technical and creative enhancements to the marque’s landmark super-coupé.

Since its introduction in 2022, Spectre has become one of the most significant and celebrated Rolls-Royce motor cars of the modern era, widely praised for its timeless design, serene performance and effortless driving character. Spectre Series II builds on this success. Engineering updates unlock up to 18% more range (390 total miles, WLTP), alongside higher torque of 1,015 Nm increased to 1,100 in Spirited Mode and up to 14% reduction in charging times. Newly crafted interior illuminations, an expanded palette of exquisite materials, and striking exterior treatments further elevate Spectre’s interior possibilities. These changes sharpen Spectre’s character while preserving the qualities that have already established it as a future classic.


CONSIDERED REFINEMENT, SILENT POWER

While Spectre’s range and performance already exceeded client expectations, engineers at Goodwood have recalibrated the motor car’s drivetrain to deliver even greater immediacy and control for Series II, further strengthening Black Badge Spectre’s standing as the most powerful Rolls-Royce in history. Power output now reaches 442 kW whilst torque rises to 1,015 Nm. In Black Badge Spectre Series II, Infinity Mode unlocks 500 kW of power, while Spirited Mode summons up to 1,100 Nm torque.

Thanks to re-engineered battery cell technology Spectre Series II’s potential driving distance is increased by up to 18% to 390 miles (WLTP) and charging times have been reduced by up to 14%. This reinforces the marque’s commitment to both electric serenity and uncompromised capability.


SPECTRE: A DEFINING CANVAS FOR BESPOKE

Spectre has emerged as one of the most compelling canvases for Bespoke in Rolls-Royce’s contemporary portfolio, with some clients requesting more than 20 individual and personal Bespoke elements in their motor car. Demand for Bespoke commissions on Spectre is surpassed only by Phantom. In addition to the near-limitless opportunities for Bespoke through the marque’s Private Offices, Spectre Series II introduces a new suite of crafted elements, materials and finishes as a response to clients’ increasing desire for highly ambitious and expressive commissions.


EXTERIOR COMPOSURE, REINFORCED

The super-coupé’s celebrated fastback profile, clean surfacing and split headlamp signature are retained for Spectre Series II, underlining the marque’s confidence in this initial, widely acclaimed design. Since launch, Spectre has been widely praised as one of the most elegant automotive forms of the era and now stands alongside Phantom Coupé and other revered Goodwood-era models in the marque’s collector canon. Of the numerous international accolades Spectre has received, its timeless design is consistently celebrated by judging panels, while clients have embraced Spectre as a true modern masterpiece. To accentuate Spectre’s form and surfacing, a new solid exterior finish, named Ethereal Blue, has been developed for Spectre Series II.


SCULPTED WHEEL DESIGN

A new 23-inch forged alloy wheel design introduces a highly faceted multi-spoke treatment that captures and reflects light from every angle. The wheel is forged with exceptionally sharp 2.5 mm radii, allowing the surfaces to retain their crisp diamond-like definition even after polishing. Each wheel is hand-finished for up to six hours to achieve this precise faceting and is available in two finishes: part-polished and fully polished.


INTERIOR EXPRESSION AND MATERIAL INNOVATION

Responding to the exceptional creative ambition of Spectre clients, Spectre Series II significantly expands the interior palette, offering new materials, treatments and crafted details of remarkable depth and variety. Among them is Duality Twill – a contemporary interior rayon fabric made from bamboo, now available within Spectre for the first time. This material was inspired by the extensive bamboo grove in Le Jardin des Méditerranées on the Côte d’Azur, which neighbours Sir Henry Royce’s former winter home, Villa Mimosa.

The twill textile is embroidered with an artistic ‘Duality’ graphic. Based on an abstract interpretation of the two interlinked letter R initials of the marque’s founders, the design reflects a nautical influence, reminiscent of the interweaving rope lines found on sailing yachts – another subtle allusion to the French Riviera.

A Duality Twill interior on Spectre Series II can incorporate up to 2.6 million stitches, 10 miles of thread, requiring up to 25 total hours to construct. The twill textile is available in Lilac, Chocolate, Black and a newly introduced Sage: a cool, verdant green that introduces a soft luminosity to Spectre Series II’s interior suite. Clients can select from more than 50 different colours of thread for the embroidered elements, either contrasting with or complementing the base layer.

Placed Perforation leather is also available for Spectre Series II, where precision-cut patterns are created to reveal unique artworks. For its debut, designers created a pattern inspired by the shifting silhouettes cast by clouds in moonlight. Spanning the shoulder and headrest areas of the front and rear seats, it comprises 78,138 perforations in three different sizes: 0.8 mm, 1.0 mm and 1.2 mm. If the perforations are extended to the illuminated door option, the pattern subtly disperses as it approaches each light source, creating a soft, atmospheric diffusion effect reminiscent of starlight emerging through shifting night skies.

A new distinctive high gloss Brindled Walnut veneer reflects the marque’s deeply considered approach to material craft. The finish is created by combining walnut sourced from non-fruiting trees – which would ordinarily be burned – with residual eucalyptus fibres from fine paper production, forming a richly layered ‘tiger stripe’ pattern. These elements are first compressed and then precisely cut into veneer sheets.

The finish is sealed with a lacquer infused with a fine powder of glass flakes, before a final clearcoat is applied. This layered process creates the impression that the shimmering particles are suspended beneath the surface, adding a sense of depth and movement to the veneer.

The Interior Panel and Clock Gallery now span the entire width of the fascia, joined by a new Illuminated Fascia artwork. Its directional wave pattern is composed of 8,108 individual pixel-like illuminations that appear to flow across the surface, reinforcing Spectre Series II’s strong horizontal character. The design draws inspiration from the shifting mist that settles over the woodlands of the South Downs, which rise beyond the Home of Rolls-Royce at Goodwood.

A new timepiece has also been introduced. Its design takes inspiration from precision aviation instruments, which prioritise absolute legibility. The dial features cast metal hands and a pared-back graphic treatment that reflects the motor car’s contemporary character. As well as housing a new timepiece, the unique inset vitrine showcases an up-lit Spirit of Ecstasy figurine crafted from solid stainless steel.


A BOLD NEW PALETTE FOR BLACK BADGE

For Black Badge Spectre Series II, a suite of new design enhancements further dramatise the marque’s alter ego, amplifying its intense and uncompromising character.

A new Iced Black Exterior Detailing offer has been developed, transforming almost all of the motor car’s brightwork with a matte finish. The treatment is applied to the grille surround, sideframe finishers, bumper inserts, ‘Double R’ Badge of Honour side surround, door handles and the Spirit of Ecstasy. The effect is achieved using a specially developed matte clear coat, creating a refined, satin-like finish. Notably, the vanes of the Pantheon Grille remain polished – a decision taken by Rolls-Royce designers to preserve the motor car’s identity.

A new wheelset has also been developed to create an even more imposing visual character for Black Badge. The open-spoke design places emphasis on the motor car’s powerful braking hardware while a polished outer ring – pushed to the very edge of the wheel – accentuates the diameter of the seven-spoke structure. A subtle sparkle effect is achieved through fine glass flakes embedded within the finish. This bold new design is also available in Iced Matte Black – the first time a Black Badge wheel has been offered in this finish – created using a specialised high-temperature curing process.


SPECTRE AND ITS CLIENTS

At the heart of Spectre’s success is its founding philosophy. It was conceived as a Rolls-Royce first – defined by silence, effortlessness and presence – brought to life through electric power. In doing so, it delivers an experience completely in tune with the marque’s values, confirming Rolls-Royce’s authority in shaping the future of super-luxury motoring.

This approach has clearly resonated with clients. In 2025, Spectre retained its position as the marque’s second best-selling model globally.

To inform the development of Spectre Series II, Rolls-Royce specialists mapped how clients live with their Spectre. Typically the second Rolls-Royce in a seven-car garage, Spectre is nonetheless driven extensively. While the average annual mileage of around 4,000 miles (6,500 km) remains consistent with other two-door Rolls-Royce motor cars, such as Wraith, Dawn, and Phantom Coupé, Spectre is increasingly used for personal driving enjoyment, charged almost exclusively at home, and most often driven solo – affirming its identity as a true driver’s Rolls-Royce.

Spectre’s effortless usability has seen many clients embrace it as a daily motor car. One European client has travelled more than 30,000 miles (50,000 km) in the two years since taking delivery – more than three times the average annual mileage typically recorded by a Rolls-Royce.

In the United States, one well-known collector based in Los Angeles has also made Spectre a daily companion. One particular pleasure of their ownership, they have told the marque, is the short journey from their residence at the top of a hill to their garage below – a drive in which the motor car arrives with more range than it started, thanks to regenerative braking.

Spectre’s peerless driving experience is an important expression of this motor car’s success though not the only one. It is equally recognised by clients as a long-term emotional asset and a unique canvas for Bespoke individualisation. For example, Spectre has been reimagined as a tribute to a client-couple’s lifelong relationship, symbolised by a Bespoke Starlight Headliner configured with the constellations as they were on the day they first met; a celebration, through exquisite marquetry, of a cherished family dog, named Bailey; an extension of a client’s home, directly mirroring the hues and textures of their living space; and a continuation of a notable haute joaillerie collection, drawing inspiration from a colour associated with their favourite designer. A client in Korea has taken the act of commissioning further still by creating a gallery space within their residence in which to display their Spectre as a work of art.

These insights reflect the emotional breadth, creative depth and driving pleasure clients now associate with this landmark motor car, all of which shaped the subtle refinements introduced for Spectre Series II.


SPECTRE SERIES II: INTEGRITY, ENHANCED

Spectre’s evolution for Series II is a powerful affirmation of the motor car’s design integrity and engineering permanence. It emerges within a new era of commissioning shaped by deeper collaboration through the marque’s expanding global Private Office network, and a broader creative repertoire than ever before. It respects the instincts of those who recognised Spectre’s significance from the outset and offers new opportunities for expression to those who commission it next.

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The Audi Nuvolari* accelerates from 0 to 100 km/h in 2.6 seconds1 and reaches 200 km/h in 6.8 seconds1. These figures are enabled by a range of innovations inspired by Formula 1, including the high-performance hybrid powertrain, quattro predictive ride, active aerodynamics, and the new Audi Space Frame (ASF) with carbon exterior.

“With the Audi Nuvolari*, we are accelerating technological progress,” says Gernot Döllner, Chairman of the Board of Management of AUDI AG. “It shows what is possible when the focus is on technology, performance, and execution through teamwork — and when we achieve progress together.”

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The mid-engine layout defines the proportions, resulting in a monolithic volume, a powerful stance, and a strong presence.

The exterior is characterized by Audi’s new signature color Titanium, a paint also used on the Audi Concept C and the Audi Formula 1 race car. In combination with carbon elements, it highlights the precise lines of the Nuvolari*

The Audi Nuvolari* is powered by a hybrid high-performance powertrain with a maximum system output of 736 kW (1,001 PS). It combines a 4.0-liter V8 biturbo engine delivering 588 kW (800 hp) with three axial flux electric motors, each producing 110 kW. The lithium-ion battery has a gross capacity of 7.3 kWh.

The combustion engine delivers a maximum torque of 730 Nm and reaches up to 10,000 rpm — a range previously reserved for motorsports.

Two oil-cooled axial flux electric motors at the front axle deliver up to 2,150 Nm of torque. As an integral part of the quattro system, they support variable torque distribution. A third electric motor between the V8 mid-engine and the transmission completes the drive concept.

The high-performance drivetrain accelerates the vehicle from 0 to 100 km/h in 2.6 seconds¹ and from 0 to 200 km/h in 6.8 seconds¹, reaching a top speed of more than 350 km/h.

Highlights
A strong financial performance in a demanding environment, with net profit of USD4.1 billion driven by broad-based contributions from each major commercial division.
The three-month period ending 31 December 2025 marked the Group’s second-strongest first quarter on record.
Strong profitability translated directly into balance sheet strength, with Group equity of USD17.5 billion underpinned by our commitment to maintaining a robust capital base.
Record liquidity of USD19.4 billion, including a new USD3 billion contingent liquidity facility, reflecting strong support from banks and financial institutions.

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(Oilandgaspress) Trafigura made more than £16m a day at the start of this year as war in Iran sent fuel prices soaring.

The commodities trading house reaped $4bn (£3bn) profits in the six months to the end of March, allowing it to fund a record $3bn in payouts to its traders.

The company’s profits, equating to about $22m per day, were already surging before the Iran conflict but increased even more once it started at the end of February.

Trafigura is owned entirely by a group of more than 1,400 employees, so the total payout of $3bn suggests average payouts of $2.1m (£1.6m), although some would have received far more. Related News

POWWR’s Preferred Partner Programme will develop to provide a full portfolio of solutions which will deliver additional revenue streams to the over 400 brokers that already rely on POWWR’s award-winning cloud-based energy solutions.

“Brokers are increasingly looking to diversify their offerings and generate additional revenue from their customer base. Especially those in markets that are pending further change and enhanced regulations,” explains Andy Taylor, Head of Brokerage at POWWR. “Our Preferred Partner Programme provides a pathway for that. Over the coming months we will offer an expanded 360-degree portfolio of cross-market solutions for brokers who want to add further strings to their bows.”

Through the portfolio of solutions within POWWR’s Preferred Partner Programme, brokers will have a pathway to new products and new markets. “By expanding their offerings beyond just energy, brokers can develop more regular touchpoints with their client base,” says Taylor. “Often brokers don’t talk to their customers outside of renewal windows. This will change that.”

At launch, the Preferred Partner Programme will include PayFacLite®, a solution built to redefine the customer onboarding experience through speed, simplicity and transparency. PayFacLite® introduces a new standard in real-time transactions and settlements for payments infrastructure, and its solutions can also be white-labelled, enabling brokers to offer the service under their own brand where preferred

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Ludoil Capital Srl, last month signed a Sale and Purchase Agreement (“SPA”) with GOI Energy Srl for the acquisition of the latter’s stake in ISAB Srl (“ISAB”), the owner of the Priolo Gargallo refinery and the associated industrial, logistics, and energy infrastructure.. The acquisition marks the beginning of a new phase for ISAB, which will transform into an energy company with an integrated portfolio ranging from crude oil processing to advanced bioenergy, establishing itself as a strategic hub for energy flows between Europe, Africa, the Americas, and the Middle East. Management will be based on a model based on the creation of shared value, so that ISAB can strengthen its role in safeguarding supplies and continue to generate prosperity for the world.

In the medium term, the industrial focus will be on advanced bioprocessing. The plan calls for the progressive introduction of new supply chains dedicated to the production of Hydrotreated Vegetable Oil (HVO), Sustainable Aviation Fuel (SAF), Bio-Oil, second-generation bioethanol, and BioETBE: a comprehensive set of renewable energy sources in line with European decarbonization guidelines.

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The event brought together senior executives and officials from ASRY, along with representatives from Valaris. The ceremony highlighted ASRY Offshore’ s journey and achievements across 200 successfully delivered projects, in addition to showcasing the key works completed as part of the VALARIS 250 (Bob Palmer) project.

The rig belongs to the Gorilla Class category, which is considered among the largest offshore rig designs in the world, with only a limited number of such rigs currently operating globally. The project achieved more than 700,000 LTI-free manhours, reflecting a strong commitment to the highest standards of safety, quality, and operational excellence.

Commenting on the occasion, Dr. Ahmed Al Abri, Chief Executive Officer of ASRY, said: “Reaching the milestone of 200 projects within ASRY Offshore marks an important chapter in ASRY’s journey and reflects the expertise and trust the company has built over years of delivering complex offshore projects. The VALARIS 250 (Bob Palmer) project is a strong example of our technical and operational capabilities and our ability to successfully execute major projects in accordance with the highest standards of quality, safety, and efficiency.”

He added: “We are proud of this achievement, which was made possible through the dedication of our teams, partners, and clients. We look forward to further strengthening ASRY’s position as a leading maritime and industrial hub and to continuing our contribution to the energy and offshore sectors through the delivery of more specialized projects.”

Meanwhile, Mr. Taner Demirel, Director of Offshore Rig Repair at ASRY, said: “The VALARIS 250 (Bob Palmer) project is one of the most significant offshore rig repair and maintenance projects undertaken by ASRY in recent years, given the size of the rig and the complexity of the scope of work. The project required careful planning and close coordination between ASRY, Valaris, and all stakeholders to ensure its successful completion to the highest standards of quality and safety.”
He added: “The selection of this project to represent ASRY Offshore’ s 200th successfully delivered project milestone is an achievement we are all proud of and further reinforces ASRY’s position as a leading regional center for offshore rig repair, maintenance, and upgrade services.”

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The European Commission plans to give EU countries more budgetary leeway for investments in green energy infrastructure in a bid to ease the economic pressure from rising fuel costs.

Under the plans presented on Wednesday, capitals are to be allowed to take on additional debt to finance green energy projects without risking disciplinary measures for exceeding EU debt and deficit limits. EU countries which use the euro as a common currency are obliged to keep their annual deficits below 3% of gross domestic product (GDP) and debt below 60% of GDP.

The proposal aims to reduce the European Union’s dependence on imported fossil fuels and to make the bloc more resilient in the long term…. Related News

One person has been killed and 63 injured in an Iranian attack on Kuwait International Airport on Wednesday. Kuwait’s defence ministry said that it had engaged 13 missiles and 17 drones from Iran in the strikes. Bahrain also reported intercepting missiles in the onslaught…Related News

European Energy advanced hybrid energy projects across multiple core markets in the first quarter of 2026, while continuing the commercial ramp-up of its Power-to-X activities.

Although financial results were lower than in the same period last year mainly due to the timing of project sales, the company made substantial operational and strategic progress across its renewable energy and e-methanol portfolio.

Revenue for the quarter was EUR 80.3m, while EBITDA amounted to EUR 5.3 million. Profit before tax was EUR -21.5m. The lower earnings primarily reflected the absence of major project sales completed during the quarter.

“Earnings in the quarter reflected the timing of project sales, as well as seasonal fluctuations and continued geopolitical uncertainty,” says Jens-Peter Zink, Deputy CEO of European Energy. “At the same time, growing focus on energy independence and electrification continues to support long-term demand for renewable energy and hybrid solutions. We are seeing increasing interest in assets that combine generation, storage and grid integration.”

European Energy continued the rollout of Battery Energy Storage Systems (BESS) across its portfolio during the quarter, with projects under construction or development in Denmark, Lithuania, the United Kingdom, Australia and Poland. A total of ~400 MW of BESS projects, equivalent to 1.100 MWh, have passed FID by the end of Q1. . Related News

European Energy has started construction of the 68MW Indian Queens solar and battery project in Cornwall, England. The company said construction began in May 2026 and is expected to continue for approximately one year, with grid connection scheduled in the first half of 2027.

European Energy added that the project includes a 95MWh co-located battery energy storage system and is expected to generate around 60GWh annually.

Offtake for the solar project has been secured, providing long-term revenue visibility and enhancing the asset’s bankability.

The project combines solar generation with battery storage on a single grid connection to support asset performance and grid integration…. Related News

European Energy has been awarded support under the German government’s hydrogen auction framework linked to the European Hydrogen Bank (EHB), as one of three selected projects. European Energy has been awarded support under the German government’s hydrogen auction framework linked to the European Hydrogen Bank (EHB), as one of three selected projects.

Funding of up to EUR 228m will support European Energy’s plans to establish an additional 150MW of hydrogen production capacity in Denmark.

The award forms part of Germany’s broader hydrogen strategy, which aims to accelerate the development and import of renewable hydrogen and hydrogen derivatives to support the decarbonisation of industry and transport across Europe. Related News

Judges in Amsterdam handed Greenpeace a preliminary victory on Wednesday in an anti-intimidation court case, rejecting a request from fossil fuel pipeline company Energy Transfer to toss the complaint out. The Dutch-based environmental organization filed a lawsuit last year to block a $345 million award stemming from protests against the Dakota Access oil pipeline. A jury in North Dakota found Greenpeace liable for millions in damages to Texas-based Energy Transfer. In response, Greenpeace brought a case in the Amsterdam District Court, arguing the North Dakota lawsuit was abusive and damaged the organization’s reputation. Related News

Daybreak Oil and Gas, Inc., an independent crude oil and natural gas company engaged in the exploration, development and production of onshore crude oil and natural gas primarily in California. is currently developing its shallow crude oil reserves in Kern County, California, where it currently has a working interest in 20 producing crude oil wells with a number of development locations yet to be drilled. In May of 2022, Daybreak acquired Reabold California, LLC, (“Reabold”) an independent crude oil and natural gas company, with operations in Central California. Reabold has a working interest in eight producing or temporarily shut-in crude oil and natural gas wells with additional development locations in Contra Costa and Monterey Counties.

The Company corporate office is located at 602 Cedar Street, Suite 223 in Wallace, Idaho.

Daybreak Oil and Gas, Inc. is a public company, and our Common Stock is quoted on the OTCMarkets on the Expert Market under the symbol DBRM. . . Related News

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According to the International Energy Agency, nearly 120 million tonnes of methane emissions were attributed to fossil fuel operations in 2023, reinforcing the growing importance of technologies that help industry improve efficiency, reduce product loss and minimise environmental impact. 

As industries continue to balance operational reliability with increasing environmental expectations, John Crane is supporting customers through technologies designed to improve equipment performance while reducing environmental impact across oil and gas, power generation, chemical processing, mining and emerging energy transition applications. 

Across its global operations and customer installations, the company is helping tackle some of the industry’s most pressing sustainability challenges, including fugitive emissions, excessive water consumption, energy loss and unplanned downtime. 

Recent customer outcomes supported by John Crane technologies include: 

• Up to 99.8% reduction in seal water consumption at a major LNG facility following the implementation of John Crane’s SB2 USP wet seal technology, reducing daily water usage from approximately 2,000 gallons to just three to four gallons. 
• More than 100 million tonnes of CO₂ emissions avoided over the life of operation at a major LNG operator through the use of John Crane dry gas sealing technologies. 
• Up to 80% lower nitrogen consumption achieved through the deployment of John Crane’s Type 93AX separation seal technology compared with conventional separation seal designs. 
• Seal gas recovery technologies capable of helping operators avoid the equivalent of more than 5,600 metric tonnes of CO₂ emissions annually by reducing methane venting from compressor operations. 
• Prevention of an estimated eight-day unplanned shutdown at an LNG facility through the use of John Crane Sense® Turbo digital diagnostic technology, helping avoid significant production losses while improving asset visibility and operational efficiency. 

Mike Eason, Chief Technology Officer at John Crane, said: “Reliability and sustainability are becoming increasingly interconnected across industry. Equipment that operates more efficiently, consumes fewer resources and reduces emissions not only supports environmental goals, but also helps customers improve operational performance and resilience.” 

“At John Crane, we are focused on developing technologies that help customers address these challenges in practical and measurable ways, whether that is reducing water consumption, improving energy efficiency, minimising product loss or extending equipment life.” 

John Crane continues to support projects linked to the global energy transition, with involvement in more than 30 sustainable fuel projects globally spanning hydrogen, biofuels and e-fuels. The company is also investing in digital technologies, advanced sealing solutions and lifecycle reliability services designed to help customers optimise asset performance and reduce operational waste. 

Alongside customer-focused innovation, John Crane continues to progress its own environmental commitments across global operations. As part of Smiths Group, the company is working towards net zero greenhouse gas emissions across Scope 1 and Scope 2 by 2040, and Scope 3 by 2050. Currently, 74% of the electricity used across Smiths Group comes from renewable sources, while operational greenhouse gas emissions have reduced by more than 54% over the past 15 years. 

Eason added: “World Environment Day provides an important opportunity to recognise the role engineering and industrial innovation can play in supporting a more sustainable future. The scale of the environmental challenge requires collaboration across industry, and we are committed to helping customers navigate that transition while maintaining safe and reliable operations.” 

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Renewable naphtha, or Neste RE, is made from bio-based raw materials such as used cooking oil and other renewable raw materials. It is a lower-GHG-emission alternative to conventional fossil feedstocks. With the use of neat (i.e., unblended) renewable Neste RE, over 85%* of the greenhouse gas (GHG) emissions of the raw material are reduced compared to the use of virgin fossil raw materials. Bio-based plastics derived from Neste RE are of identical quality to those made from virgin fossil feedstocks and can be turned into exactly the same products and used for the same applications.

“Renewable materials made from Neste RE meet the performance standards of global brands like THE NORTH FACE operated by Goldwin Inc. This project with Goldwin, Idemitsu, and Toray shows how the fashion industry’s dependence on fossil resources can also be reduced for high-performance products. It demonstrates how our drop-in solutions can rapidly transform complex value chains to help brands work towards their climate targets,” says Maiju Helin, Director of Polymers and Chemicals at Neste.

Fossil-based feedstocks, like naphtha, can be replaced with Neste RE without changes to the polymers and chemicals manufacturing infrastructure or processes; it is a seamless drop-in solution. In building this supply chain, the participating companies utilized existing facilities and applied the mass balance** approach.

Mitsubishi Corporation coordinated the participating companies in establishing the supply chain for renewable nylon fiber in Goldwin’s products.

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The multi‑year PMC LTA positions McDermott as an engineering and project management service provider within Aramco’s strategic investment programs. Under the agreement, McDermott will leverage its global delivery model and technical expertise to deliver engineering, front‑end development (pre‑FEED and FEED) and project management consultancy services.

The agreement establishes a strategic partnership between McDermott and Solutions Leaders Fayez Engineering (SLFE), a leading Saudi engineering company and Aramco-approved general engineering services + (GES+) contractor. The collaboration combines McDermott’s global experience in executing complex, capital‑intensive projects with SLFE’s strong in‑kingdom presence and local execution capabilities.

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