ASX:WDSOil and Gas
Does Woodside (ASX:WDS) Beaumont Ammonia Move Clarify Its Long-Term Low-Carbon Strategy Or Complicate It?
Woodside Energy Group has taken over operations at the Beaumont New Ammonia facility in Texas from OCI Global, a plant capable of producing and exporting up to 1.1 million tonnes of ammonia a year, completing the remaining 20% of its roughly US$2.35 billion acquisition of OCI Clean Ammonia.
The facility strengthens Woodside’s presence in the global ammonia market, although plans for lower-carbon ammonia output have been pushed beyond 2026 due to issues at a third-party feedstock supplier...