Three leading energy companies today signed a joint development agreement (JDA) that will enable a multibillion-dollar investment in a ‘world-scale’ green hydrogen-fuelled ammonia production facility in Oman.
As the Russia-Ukraine conflict continues to escalate, wider impacts are being seen across a range of global markets including crude oil, food staples such as wheat and oilseeds, and the computer chip industry – a main consumer of neon, of which Russia and Ukraine are a majority supplier.
Crippled ammonia trade flows as a result of the war in Ukraine are placing further strain on the fertiliser supply chain and are expected to cause prices to skyrocket further.
Crippled ammonia trade flows as a result of the war in Ukraine are placing further strain on the fertiliser supply chain and are expected to cause prices to skyrocket further.