EDF joins alliance to support AI Gigafactory bid

The French utility has joined an alliance with tech companies Artefact, Bull and Capgemini, telecommunications companies the iliad Group, its data centre arm Scaleway, and Orange, and private equity firm…

Jacobs to carry out environmental assessments for UK’s Oldbury site

Simon Roddy, Great British Energy – Nuclear CEO, said: “As part of our role to position Oldbury for nuclear development, it’s important we continue to deepen our understanding of the…

Microreactor application accepted for review by US regulator

The Construction Permit Application was submitted on 31 March by The Grainger College of Engineering at the University of Illinois Urbana-Champaign, NANO Nuclear Energy Inc’s partner for the KRONOS MMR deployment…

TerraPower and HD Hyundai sign Natrium reactor agreements

As well as signing the framework agreement with HD Hyundai Heavy Industries making it TerraPower’s strategic manufacturing partner, a separate memorandum of understanding was agreed between Terrapower, HD Hyundai and Hyundai…

China and Russia sign nuclear-related MoUs during Xi-Putin talks

Rosatom’s Alexei Likhachev, pictured above left, and China Atomic Energy Agency’s Shan Zhongde signed one on cooperation in developing human resources for the peaceful uses of nuclear energy. The agreement provides for…

US Crude and Gasoline Inventories Fell Last Week on Strong Demand, EIA Says

(Reuters) – U.S. crude and gasoline stockpiles fell last week as demand remained elevated, while distillate inventories were up, the Energy Information Administration said on Wednesday. Crude inventories fell by…

US Draws Down Record Volumes of Crude Oil From Stocks, EIA Says

(Reuters) – The United States withdrew 17.8 million barrels of crude oil from its inventories, the highest on record, the Energy Information Administration said on Wednesday, as the Iran war…

IEA: Oil Shock Sparks Surge in EV Sales

Electric vehicle sales could hit nearly 30% of all car sales in the world this year as drivers accelerate a shift to EVs and hybrids amid spiking fuel prices in…

Goldman Sachs Says US Natural Gas Output Shows Signs of Price Sensitivity

Goldman Sachs said in a note on Tuesday that U.S. natural gas production is showing signs of price sensitivity as Henry Hub prices moved back above $3 per million British…

Iran War Boosts US Shale Oil But Only So Much: Bousso

(Reuters) – U.S. shale oil drillers have responded rapidly to the surge in crude prices since the start of the Iran war by ramping up production, but output gains are…