Appalachian Hydrogen Hub derailed by exits, uncertainty
Project cancellations and partner exits due to hydrogen demand uncertainty...
Project cancellations and partner exits due to hydrogen demand uncertainty and unresolved federal tax credits are casting doubt on the future of the Appalachian Regional Clean Hydrogen Hub, according to a report by the Ohio River Valley Institute. While hub leaders search for new partners, critics argue that hub's reliance on natural gas-derived blue hydrogen diminishes its potential to deliver meaningful environmental and economic benefits to the region.
Oil, gas players deploy robots for safer operations
Oil and natural gas companies such as ExxonMobil, Shell and BP are increasingly...
Oil and natural gas companies such as ExxonMobil, Shell and BP are increasingly adopting robotics to enhance safety in hazardous environments and increase productivity, according to GlobalData. By taking over routine tasks, robots free up resources and enable field technicians to focus on high-priority issues, ultimately driving both efficiency and reliability, said GlobalData analyst Ravindra Puranik.
New pipeline eases Texas gas flow, but for how long?
The launch of the Matterhorn...
The launch of the Matterhorn Express pipeline has unclogged natural gas bottlenecks in Texas, bringing relief to producers and driving up prices at the Waha hub, where gas recently hit its highest level since mid-June. However, analysts warn the pipeline may be filled to capacity within 12 to 18 months, potentially causing constraints until the next major project, the Blackcomb pipeline, begins operations in 2026.
McDonald’s clarifies involvement in Trump visit but does not...
McDonald’s clarifies involvement in Trump visit but does not endorse him. The fast-food giant wants to be unburdened by what has been: In a message sent to employees and reviewed by the Associated Press, the company said a franchisee reached out to corporate after he learned that the GOP presidential candidate wanted to visit a Pennsylvania restaurant. McDonald’s agreed to the event in Feasterville (a real place), during which Trump worked the fry station and answered questions through the drive-thru while the store was closed to the public. The message also said, “McDonald’s does not endorse candidates for elected office and that remains true in this race for the next president. We are not red or blue—we are golden.”
Hugh Hefner’s youngest son, Cooper, wants to buy back the Playboy brand for $100 million.
Blade Runner 2049’s producer sued Tesla, saying it ripped off copyrighted imagery for its recent robotaxi reveal.
ByteDance, the parent company of TikTok, fired an intern who it claims “maliciously” interfered with the training of one of its AI models.
A Bram Stoker short story that eluded biographers and scholars for over 130 years was found by a fan.
Oil prices gain, recouping some of last week's 7% loss
Oil prices rose on Monday, recouping some of last week's more than 7%...
Oil prices rose on Monday, recouping some of last week's more than 7% decline. Fighting in the Middle East has not let up, and the expectation of retaliatory Israeli attacks on Iran worries markets about supply from the region.
Brent crude December futures settled up $1.23 at $74.29 a barrel, while U.S. West Texas Intermediate crude December futures closed up $1.35 at $70.04 a barrel.
Brent settled more than 7% lower last week, while WTI lost around 8%. Those were the contracts' most significant weekly declines since Sept. 2, due to slowing economic growth in China and falling risk premiums in the Middle East.
Israeli forces besieged hospitals and shelters for displaced people in the northern Gaza Strip on Monday as they stepped up operations against Palestinian militants, medics said. Israel also carried out targeted strikes on sites belonging to Hezbollah's financial arm in Lebanon.