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Stock impact report

Woodside Energy Group (WDS) Assumes Operational Control of Texas Ammonia Facility [Yahoo! Finance]

Woodside Energy Group Limited American Depositary Shares, each representing one Ordinary Share (WDS) 
Company Research Source: Yahoo! Finance
Woodside Energy Group (WDS) Assumes Operational Control of Texas Ammonia Facility Founded in Australia, Woodside Energy Group Ltd (NYSE:WDS) engages in the exploration, evaluation, development, production, marketing, and sale of hydrocarbons in the Asia Pacific, Africa, the Americas, and Europe. Woodside Energy Group Ltd (NYSE:WDS) revealed on March 26 that it had assumed operational control of the Beaumont New Ammonia (BNA) facility in southeast Texas after the completion of ?performance testing and handover from OCI ?Global. The facility, which has the capacity to produce and export up to 1.1 million tonnes per annum (mtpa) of ammonia, adds diversity to the company's portfolio. While the plant will start producing ammonia in December, the production of ?lower-carbon ammonia has been delayed till after 2026, due to construction issues at the third-party feedstock supply facility. The company had earlier planned to start producing low-carbon ammonia in the US in the second half Show less Read more
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