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05 Aug
12:48

Woodside Energy buys Texas blue ammonia project for $2.3 billion

Australian oil and gas company Woodside Energy said Monday it will buy a blue ammonia project from Dutch chemicals group OCI Global for $2.3 billion. Located in Beaumont, Texas, the complex is under construction and will start producing ammonia from natural gas next year, adding carbon capture technology in 2026.   The price tag includes capital expenditure to complete the construction of the first phase, Kallanish learns. In its first phase, the facil…
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