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• Closing Oil & Gas Prices
  Benchmark U.S. crude oil for June delivery...
  Benchmark U.S. crude oil for June delivery rose 83 cents to $80.06 per barrel Friday. Brent crude for July delivery rose 71 cents to $83.98 per barrel.
  
  Wholesale gasoline for June delivery rose 3 cents to $2.57 a gallon. June heating oil rose 5 cents to $2.49 a gallon. June natural gas rose 13 cents to $2.63 per 1,000 cubic feet.
  
  
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• MarketWatch: Dow closes above 40K for first time ever, S&P 500 books 4th straight weekly gain
  U.S. stocks ended mostly higher Friday, with the Dow Jones Industrial...
  U.S. stocks ended mostly higher Friday, with the Dow Jones Industrial Average’s modest gains taking the blue-chip gauge to a finish above 40,000 for the first time ever.
  
  The Dow gained 134.21 points, or 0.3%, to close at 40,003.59, clinching a fresh record peak.
  
  The S&P 500 rose 6.17 points, or 0.1%, to end at 5,303.27.
  
  The Nasdaq Composite slipped 12.35 points, or 0.1%, to finish at 16,685.97.
  
  All three major indexes logged weekly gains as investors appeared encouraged by signs that U.S. inflation eased in April based on a May 15 reading from the consumer-price index. For the week, the Dow climbed 1.2%, the S&P 500 advanced 1.5% and the technology-heavy Nasdaq rose 2.1%.
  
  The S&P 500 and Nasdaq each increased for a fourth straight week, while the Dow notched a fifth straight week of gains. All three benchmarks scored their longest weekly winning streaks since the stretch ending Feb. 9, according to Dow Jones Market Data.
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• Cheniere nears operations at Corpus Christi Stage 3
  Cheniere Energy is advancing construction on its Corpus Christi Stage...
  Cheniere Energy is advancing construction on its Corpus Christi Stage 3 project, aiming for the first liquefied natural gas shipment by the end of the year and full operation of all seven trains by 2026. Additionally, the company is working toward regulatory approvals for midscale trains eight and nine at Corpus Christi, with plans to reach final investment decisions on them in 2025.
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• LM Energy to boost Delaware Basin gas gathering capacity
  LM Energy has begun work...
  LM Energy has begun work on a project to expand the capacity of its northern Delaware Basin natural gas gathering system by around 500,000 MMcf/d after securing commitments from multiple producers. The project, which involves new compressor stations and roughly 70 miles of new pipelines, is slated for completion between the second half of 2024 and the first half of 2025.
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• ConocoPhillips exec outlines operational strategy
  ConocoPhillips' diversified...
  ConocoPhillips' diversified Lower 48 portfolio ensures steady production and cash flow increases, while the Permian Basin will remain the primary driver of production growth, said Conoco Vice President of Midland Basin Nick McKenna during the SUPER DUG Conference & Expo in Fort Worth, Texas. McKenna cited increased use of recycled water in Permian operations and an 80% reduction in associated gas flaring among major achievements ConocoPhillips has made in recent years.
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