Norwegian company Horisont Energi announced its plans to spin off the Barents Blue ammonia project in Norway. This development is part of the company's strategy to focus more on this particular project. The company has faced financial challenges, as evidenced by its struggle to secure additional funds and subsequent staff layoffs. Despite these setbacks, there have been recent positive developments, such as signing a non-binding ammonia sales term sheet with a European energy group. The Quantum Commodity Intelligence service, which offers insights into various markets including ammonia and hydrogen, provides daily price assessments, market news, and fundamental trade data. Fertiberia's withdrawal from the Barents Blue clean ammonia project in Norway on February 28 also impacted the project. The industry continues to witness dynamic changes and challenges, as companies navigate through financial hurdles and project developments.