Five Point-Backed WaterBridge Raises $634 Million in US IPO

Sept 16 – WaterBridge Infrastructure raised $634 million in an initial public offering in the United States, the oilfield water management firm said on Tuesday, in the latest sign of…

OPEC+ Faces Contentious Debate on Capacity Baselines

OPEC+ delegates are gathering in Vienna this week to tackle one of the cartel’s most divisive issues: how to measure members’ maximum production capacity. The outcome will shape 2027 production…

US EPA Keeps All Options Open in Biofuel Reallocation Proposal

By EPA proposes two primary options of 50% and 100% reallocation Biofuel industry pushing for maximum but refiners balking at cost Industry representatives say EPA’s proposal fails to provide clarity…

Aecon to assist in Estonian deployment of BWRX-300

The agreement establishes a cooperative framework for Aecon and Fermi Energia to work together during the SMR development phase as the exclusive provider to develop a qualified domestic nuclear capability,…

First yellowcake from Lance

The ASX-listed uranium company and its wholly owned subsidiary, Strata Energy Inc, announced the milestone on 16 September. Peninsula announced its plans for an in-situ recovery plant – the Lance…

Russian developments in fast reactor fuels

According to Rosatom, the use of a liquid metal sublayer will improve the characteristics of fuel elements with nitride fuel for fourth-generation fast neutron reactors. It is expected that the…

European SMR Industrial Alliance sets out action plan

The European Commission launched an Industrial Alliance dedicated to small modular reactors – SMRs – in February 2024, aiming to facilitate the development of SMRs in Europe by the early…

How will nuclear get the workforce it needs to triple capacity?

Loyiso Tyabashe, CEO of South African Nuclear Energy Corporation (Necsa), outlined the nuclear energy expansion plans in the country and said that its existing reactors mean that South Africa has…

Ukraine Drone Attacks Could Force Russia to Cut Oil Production

Russia’s oil producers may have to reduce output as intensified Ukrainian drone attacks have damaged critical export and port infrastructure. State pipeline firm Transneft, which handles more than 80% of…

Chevron CEO Challenges IEA Predictions

Chevron Chairman and CEO Mike Wirth recently addressed the company’s dual strategy of expanding traditional fossil fuel operations while simultaneously investing in emerging low-carbon technologies. In an interview with The…