Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Green hydrogen
  • Blue hydrogen
  • Storage & Transportation
  • Consumption
  • Strategies & Trends
  • Finance
  • Women in Hydrogen 50
  • Podcasts
Search
Related Articles
Letter on hydrogen: 45V on the brink?
Defining moment for US hydrogen sector as House Republicans seek termination of green tax credits
Air Products CEO spells out new reality for clean hydrogen
Projects will progress only if they are backed by firm offtake deals, with much of firm’s clean hydrogen portfolio underperforming, Eduardo F. Menezes tells investors
Green hydrogen growing, but barriers remain
Speakers at this year’s CERAWeek conference noted the growing interest in green hydrogen, but hurdles such as cost remain to its adoption at scale
Hy24 enters North America with StormFisher investment
Leading European hydrogen investor commits $50m to green fuels developer amid continued uncertainty over US renewables policy
US hydrogen industry may ultimately benefit from Trump
Sector awaits clarity on tax credits and loan programmes amid mixed signals from the Trump presidency
Hydrogen Market Databook 2025: North America
Both the US and Canada have ambitious plans for their hydrogen sectors
Letter on hydrogen: Doubling down in Davos
Clean hydrogen sector has enough traction globally to ride out a period of policy uncertainty under the Trump administration
US finalises hydrogen tax credit rules
A greater number of projects will be eligible for 45V tax credits following a long period of industry consultation
Outlook 2025: US hydrogen’s next inflection point
With a new president and new Congress imminent, attention must turn to the next stage of hydrogen development
Letter on hydrogen: IRA’s election stress test
Investors in hydrogen, CCUS and other energy transition technologies face uncertainty over the outlook for government support after November’s presidential election
Woodside in investing in clean ammonia
Woodside US
Stuart Penson
5 August 2024
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Woodside piles into clean ammonia with $2.35b OCI deal

Australian energy firm claims early-mover advantage as it agrees to buy major project on US Gulf Coast from Dutch fertilisers group OCI

Australia-based Woodside Energy is set to break into the emerging market for low carbon ammonia after agreeing a $2.35b deal to buy OCI’s large-scale production project at Beaumont, Texas—the largest project of its type in the US. Phase one of the project is already under construction and is expected to start production of unabated ammonia in 2025, follow by low-carbon in early 2026, with a capacity of 1.1m t/yr. The project’s design also includes scope for a second phase, with a capacity of 1.1mt/yr at a projected capital of $1–1.4b. Woodside said it will target “FID-readiness” for Phase 2 in 2026. Clean ammonia production from both phases of the project could achieve over 60% of Woodside’s

Also in this section
A disorderly transition
26 June 2025
Last year was one of records for renewables but also for oil, gas and coal, as the energy transition progresses in an increasingly uneven way, according to the Energy Institute’s latest annual report
Letter from London: Hydrogen’s souffle moment
25 June 2025
One of the sector’s harshest critics calls for a change of course, but the industry insists it is on an upward trajectory
Klaipeda advances ‘unique’ port project
25 June 2025
Lithuanian port is first in Baltic region to install electrolyser to supply green hydrogen to maritime and road transport users
South Africa’s green hydrogen plans edge forward
23 June 2025
Funding deals for two major projects lift the mood in a sector hampered by local bureaucratic delays and bearish global sentiment

Share PDF with colleagues

Rich Text Editor, message-text
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Rich Text Editor, txt-link-message
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search

  • Green hydrogen
  • Blue hydrogen
  • Storage & Transportation
  • Consumption
  • Strategies & Trends
  • Finance
  • Women in Hydrogen 50
  • Podcasts
Search