Permitting of US fusion power plant progresses

Helion said it was granted the permit for construction of a High Impact Utility Facility for the generation of power through fusion following a public notice, period of public comment, and…

In pictures: Reactor vessel delivered for El Dabaa unit I

The 330-tonne reactor vessel was manufactured at Rosatom’s Izhora plant, in a process which took 41 months. The reactor vessel is about 13 metres long and 4.5 metres in diameter. The…

Outer dome installed at Lufeng unit 5

On 18 October, the outer containment dome steel formwork module – measuring 51 metres in diameter, 13 metres in height, and weighing 261.8 tonnes – was raised using a 2,000-tonne…

Regulatory milestone for Wyoming advanced reactor

TerraPower submitted an application to the US regulator for a permit that would allow the construction of Kemmerer Unit 1 in Lincoln County, Wyoming, in March 2024. The first-of-a-kind Natrium…

Putin Says Russia Will Never Bow to US Pressure, Warns on Missiles

(Reuters) – President Vladimir Putin said on Thursday that Moscow would never bow to pressure from the United States or any other foreign power, and cautioned that it would deliver…

US Reopens Alaska Wildlife Refuge to Oil and Gas Development

(Reuters) – The Trump administration on Thursday announced a series of steps to open up Alaskan wilderness to energy and infrastructure development, including by resuming oil and gas leasing in…

Valero Trumps Q3 Earnings Estimates as Refining Margins Soar

Valero Energy Corporation (NYSE: VLO) easily beat analyst forecasts of third-quarter earnings as refining margins surged by 44% from a year earlier, exceeding the average increase in U.S. refining margins. …

Sonatrach Returns to Libya for Oil and Gas Exploration

Algerian state energy firm Sonatrach resumed oil and gas exploration drilling in Libya in mid-October, Libya’s National Oil Corporation (NOC) said on Thursday, as several international majors have restarted work…

Oil Futures Return to Structure Signalling Tight Supply on Russia Sanctions

(Reuters) – The prompt Brent crude futures contract on Thursday returned to trading at a premium to the six-month contract after new U.S. sanctions on Russia revived concern of a…

Google Backs US Gas Power Plant With Carbon Capture for Midwest Data Centers

(Reuters) – Google has entered into the first corporate agreement to buy electricity from a U.S. power plant using carbon capture and storage in a deal to help fuel its…