Access to low-cost feedstock, sprawling infrastructure and existing expertise make the US Gulf Coast a prime location for clean hydrogen development, though regulatory and political uncertainties could slow progress. Developers of the government-funded Gulf Coast HyVelocity Hub are concerned that delays in finalizing clean hydrogen definitions and restrictive 45V tax credit guidelines could hinder the project's momentum and hurt the broader clean hydrogen industry.
Williams CEO on natural gas' past, present and future
In this interview, Williams Companies CEO Alan Armstrong recounts natural...
In this interview, Williams Companies CEO Alan Armstrong recounts natural gas' evolution from a residential fuel to a key component in industrial applications and power generation, calling it "indispensable" to the current and future energy mix and a "great complement" to renewables and nuclear power. He also highlights the transformative impact of technologies like methane emissions detection and blockchain on the midstream business and underscores the need for greater investment in storage systems and infrastructure.
Your alma mater’s campus celebrities might soon swap Gatorade showers...
Your alma mater’s campus celebrities might soon swap Gatorade showers for Veuve Clicquot baths. This week, in a landmark first, the NCAA and the five richest athletic conferences in the country agreed to a nearly $2.8 billion settlement that capitulates to student athletes’ long-standing demands for a cut of the money they rake in for universities.
This is a huge shakeup. For 118 years, the NCAA adhered to its founding principle that college athletes are amateurs, not professionals, and therefore shouldn’t be paid for playing.
Families of the Uvalde school shooting victims have filed a lawsuit against the manufacturer of the AR-15 rifle used in the shooting, Meta, and the makers of Call of Duty, claiming they worked together to market the weapon to minors.
Benchmark U.S. crude oil for July delivery rose 85 centsto $77.72 per barrel Friday. Brent crude for July delivery rose 76 cents to $82.12 per barrel.
Wholesale gasoline for June delivery rose 1 cent to $2.48 a gallon. June heating oilwas unchanged at $2.41 a gallon. June natural gasfell 14 centsto $2.52 per 1,000 cubic feet.
Nasdaq leads U.S. stocks higher Friday, though Dow snaps 5-week win streak
U.S. stocks ended higher Friday, but the S&P 500’s rise only left...
U.S. stocks ended higher Friday, but the S&P 500’s rise only left the index flat for the week.
The S&P 500 closed 0.7% higher Friday, while the Nasdaq Composite climbed a sharp 1.1% and the Dow Jones Industrial Average finished little changed, preliminary data from FactSet show.
For the week, the Dow fell 2.3% to snap five straight weeks of gains while the S&P 500 eked out a less than 0.1% rise, according to the preliminary data. The technology-heavy Nasdaq booked a weekly gain of 1.4%.