Woodside Energy Group (ASX:WDS) said the company decided to delay the final investment decision on the H2OK liquid hydrogen project in Oklahoma as it prioritizes the Beaumont New Ammonia project in Texas, according to a Wednesday filing with the Australian bourse.
The company is currently reviewing the final 45V Clean Hydrogen Production Tax Credit regulations, which were released by the US Department of Treasury this month, the filing said.
Shares fell nearly 2% in afternoon trade Wednesday.
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