US Upstream Oil and Gas Second-Quarter Dealmaking Dives on Volatility

(Reuters) – Dealmaking in the U.S. upstream oil and gas sector shrank fourfold to $9 billion in the second quarter of this year as volatile oil prices tempered investor confidence,…

Occidental Quarterly Profit Soars to Highest Since 2022 on Oil Rally

(Reuters) – U.S. shale producer Occidental Petroleum reported its highest quarterly profit since 2022, surpassing Wall Street expectations on Wednesday, helped by higher oil prices and production. Benchmark Brent crude…

Shale Producer APA Beats Second-Quarter Profit Estimates

(Reuters) – Oil and gas producer APA beat Wall Street estimates for second-quarter profit on Wednesday, helped by higher oil prices. The U.S.-Israeli conflict with Iran, now in its sixth…

IsoEnergy and DISA to create new US uranium company

The agreement is to combine IsoEnergy’s portfolio of past-producing conventional uranium mines in Utah – Tony M Mine, Daneros Mine, Rim Mine, Sage Plain Project, and Flatiron Project – and…

X-Energy and Centrus sign HALEU supply agreement

The low-enriched uranium (LEU) and high-assay low-enriched uranium (HALEU) will be produced at Centrus’s American Centrifuge Plant in Pike County, Ohio. The HALEU will be supplied to X-Energy’s fuel subsidiary…

US test reactors achieve milestones

Oklo’s Grove reactor – located near Lockhart in Caldwell County, Texas – was one of 11 advanced reactor projects selected by the US Department of Energy (DOE) in August 2025…

Bechtel assumes responsibility for Polish plant site

Bechtel will be responsible for both the execution and supervision of the work carried out during the preparation of the future construction site, as well as cooperation with the investment…

NWMO reveals design for Centre of Expertise

NWMO said the centre represents a CAD50 million (USD35.6 million) investment in the community. It will incorporate a range of features identified through local community input, including flexible multipurpose and…

Hormuz Tanker Traffic Remains Subdued Despite Reports of Peace Talks

Five tankers passed through the Strait of Hormuz yesterday, with three of them entering the waterway and two exiting, Reuters reported earlier today, citing data from Kpler that shows traffic…

China Eases Fuel Export Curbs as Global Supply Crunch Deepens

China has partially lifted fuel export restrictions imposed earlier this year, allowing refiners to export 2.7 million tons of oil derivatives to destinations excluding Hong Kong and Macau, Reuters has…