Trump Agencies Team Up to Review Offshore Wind, Kennedy Says

Aug 26 (Reuters) – A group of U.S. federal agencies, including the departments of defense, energy and commerce, are working together to review offshore wind farms approved by the Biden…

Exxon Held Secret Talks With Russia’s Rosneft, WSJ Reports

(Reuters) – A senior Exxon Mobil executive discussed with Russia’s Rosneft this year about returning to the Sakhalin project if the U.S. and Russia gave the green light as part…

India Considers Costly Gas Power as Summer Back-Up

India is dusting off its idle gas-fired power plants, not because they’re suddenly cheap, but because peak demand in the blistering months of May and June may leave the grid…

Zimbabwe to evaluate deployment of Korean SMR

According to the memorandum of understanding, the two organisations agreed to actively cooperate in a preliminary feasibility study for introducing the Innovative SMR (i-SMR) in Zimbabwe; support for training nuclear…

General Atomics invests in UNITY-2

Fusion Fuel Cycles (FFC) – based in Chalk River, Ontario – was established as a joint venture between Canadian Nuclear Laboratories and Kyoto Fusioneering to develop and deploy deuterium-tritium (D-T)…

Westinghouse welcomes NRC’s licensing extension

The Nuclear Regulatory Commission noted that the change means “companies applying to build and operate reactors will have more time to reference already-certified designs by GE Vernova Hitachi Nuclear Energy,…

Palisades re-enters operational status

Palisades, a single-unit pressurised water reactor, ceased operations in May 2022 and was defuelled the following month, although it was licensed to operate until March 2031. The unit’s licence was…

UAE Ban on Sudan Cargoes Reroutes Global Crude Flows

Crude oil trade has started to see the effect of a recent ban by the United Arab Emirates (UAE) on cargoes originating from Sudan, after the two countries severed ties…

PetroChina Profit Falls as Oil Prices and Fuel Demand Dip

PetroChina, the largest oil and gas producer in China, reported on Tuesday a 5.4% decline in first-half profit as oil prices fell from a year earlier and domestic fuel demand…

Markets Ask Again of Trump: ‘Can He Do That?’

August 25, 202510:33 PM   A look at the day ahead in European and global markets from Rocky Swift  Markets like it when central banks can steer economic policy without political…