Oil Prices Plunge 2.5% as OPEC, IEA Outlooks Point to Softer Market

Oil prices tumbled on Tuesday, with Brent down 2.46% at $63.56 a barrel at 9:54 a.m. ET, and West Texas Intermediate (WTI) slid 2.64% to $59.43, as traders reacted to…

UK selects Wylfa to host at least three Rolls-Royce SMRs

“Sitting on the North Wales coast, Wylfa has a strong nuclear heritage dating back to the 1960s,” the government said. “The first-of-its-kind project is expected to support up to 3,000…

Brazil’s microreactor project under way

The National Nuclear Energy Commission (CNEN) project aims to demonstrate the feasibility of the development of a Brazilian 3-5 MW microreactor. The vision is for the microreactor to fit within…

Korean reactor cleared for extended operation

Kori unit 2 – South Korea’s second nuclear power reactor – began commercial operation in August 1983. The 685 MWe pressurised water reactor’s operating permit expired on 8 April 2023,…

Anfield breaks ground at Utah uranium mine

The symbolic first dig marked the official launch of construction activities including mine reopening, dewatering, and development, following expedited federal and state approvals. The mine, in southeastern Utah, was approved…

Accident-tolerant fuel completes second US PWR cycle

The lead fuel assembly of enhanced accident tolerant fuel (E-ATF) was first loaded into unit 2 at the plant in Maryland in 2021, completing 24 months of operation before being…

IEA flags significant threats to Russian oil production under tougher U.S. sanctions

(Bloomberg) – The International Energy Agency said there’s “considerable downside risk” to its outlook for Russian crude production from US sanctions, but held back from estimating the impact until it…

  • Coal
  • November 12, 2025
Successfully Closing a Power Plant? It’s All in the Details

The retirement of older thermal power generation facilities, driven by a transition to cleaner forms of energy, has increased in recent years as utilities and other power generators mothball plants…

Billions Flow to US Nuclear Sector With Payoff Still Years Away

By The control room at the Three Mile Island nuclear power plant in Middletown, Pennsylvania. Photographer: Michelle Gustafson/Bloomberg Get the Latest US Focused Energy News Delivered to You! It’s FREE:…

Chevron’s Five-Year Plan Prioritizes Superior Shareholder Returns

Chevron plans to grow its free cash flow into the next decade as it focuses on higher profits and returns to shareholders instead of growing oil and production, the U.S.…