Wood Mackenzie Says Big Oil’s Strategy Has Snapped Back to Upstream

If there was any lingering doubt about what’s keeping Big Oil executives up at night, the fourth-quarter results cleared it up. It’s not slogans. It’s not transition optics. It’s whether…

U.S.-Iran Tensions Threaten to Send Oil Tanker Rates Soaring

The ratcheting up of tensions between the United States and Iran could push an already red-hot supertanker market even higher with rates soaring to the highest level since 2019, analysts…

UK Plans to Cut Carbon Costs for Refineries after Closures

The UK government is drawing up a strategy to protect its remaining oil refineries from rising carbon prices, after two sites closed. The Department for Energy Security and Net Zero…

Environmental approval for Saskatchewan uranium project

The Saskatchewan Minister of Environment the company’s Environmental Impact Statement (EIS) for the shallow, high grade Patterson Lake South (PLS) project on 18 February. The approval follows technical acceptance of…

Canada to offer training as part of IAEA Rays of Hope initiative

James Scongack, Chair of the Canadian Nuclear Isotope Council (CNIC), and IAEA Director-General Rafael Mariano Grossi – see picture above – discussed the proposed contributions in a meeting in Vienna…

Serbia and Russia discuss nuclear energy cooperation

The minister was speaking after talks – see picture above – with Alexei Likhachev, Director General of the Russian state nuclear corporation Rosatom, about cooperation between the two countries in the…

Reactor vessel installed at Lufeng 6

“At 08:07 (local time) on 21 February, the reactor pressure vessel of unit 6 of Lufeng nuclear power plant officially began hoisting operations and was precisely positioned on the heavy-duty trolley at…

Kairos, DOE enhance collaboration on advanced reactor design

Under the partnership, over the next five years Oak Ridge National Laboratory (ORNL) will provide expertise and access to specialised facilities to review and evaluate various aspects of Kairos Power’s…