Woodside Energy Stock Price Edges Higher After Beaumont Handover, Lower-Carbon Delay Caps Gains
Woodside Energy shares rose after the company took operational control of the Beaumont New Ammonia facility in Texas from OCI Global. The plant, with a capacity of up to 1.1 million tonnes a year, began output in December and has signed offtake agreements. CEO Liz Westcott took over last week. Lower-carbon supply at Beaumont faces delays due to slower demand and feedstock issues.
