CF Industries plans to modify the Nitric Acid No. 3 plant and make improvements to the Diesel Exhaust Fluid (DEF) Unit to increase production of merchant-grade nitric acid and DEF.
In addition to positioning America as a global leader in emerging clean energy industries, the H2 Hubs will implement comprehensive local benefits and workforce proposals to support a vision of an equitable and inclusive clean energy future.
The 56th Speaker of the House, Mike Johnson, has made his way to Washington and his election has garnered favorable attention from the oil and gas industry.
Under the terms of the agreement, Hess shareholders will receive 1.0250 shares of Chevron for each Hess share. The total enterprise value, including debt, of the transaction is $60 billion.