The war with Iran is driving up global oil prices and fueling an increase in local oil production. But it’s not a significant increase, according to the Dallas Federal Reserve.
Woodside Energy has officially taken over operations of its Beaumont New Ammonia (BNA) facility in southeast Texas, completing the final stage of its acquisition of OCI’s clean ammonia business and advancing its push into lower-carbon fuels.
Curious Minds Corner
Which company took over Alaska’s Prudhoe Bay oil fields in 2019?
Hilcorp acquired Prudhoe Bay from BP, the massive London-based multinational oil and gas company.