Oil & Gas Dealmaking Heats Up With $20 Billion of Assets in Play

By Buyout shops are finding a rare exit opportunity in the US oil patch. US private equity firms are shopping more than half-dozen closely held oil and gas companies in…

Venezuela Tries to Convince Big Oil It’s Safe to Come Back

Venezuela is making a fresh pitch to foreign oil companies: this time, if things go sideways, you may not have to fight it out in Caracas. Oil Minister Paula Henao…

Holtec and Rwanda advance plans to deploy SMR-300s

Holtec’s Enterprise Unit Director Rafael Marin said: “Through this agreement, Holtec and the Rwanda Atomic Energy Board will work together to deploy SMR-300 units in Rwanda, with a potential total…

Deep Fission aims for USD1.66 billion valuation

The US company is planning to raise around USD156 million in listing on the Nasdaq exchange. It says it “intends to use the net proceeds from this offering for general…

Grossi warns at Security Council against attacks on nuclear plants

A drone strike on Sunday morning caused a fire in an electrical generator located outside the inner perimeter of the plant in the United Arab Emirates. Emergency diesel generators were…

Risks of novel Sizewell C financing model must be monitored, says public auditor

The plan is for the estimated GBP38 billion Sizewell C plant to feature two EPR reactors producing 3.2 GW of electricity, enough to power the equivalent of around six million…

Iran Lays Out Sweeping Demands as U.S. Weighs Military Strike Pause

Iran wants the U.S. blockade and sanctions to be lifted and Iran’s frozen funds to be released in the latest peace proposal to the United States, Iranian state media reported…

India Curtailed 300 GWh of Clean Energy in Q1 as Grid Lags Solar Build

India’s electricity grid is expanding at a slower pace than the boom in renewable energy installations, leading to increased share of clean energy curtailments and threatening to slow the solar…

US Senate Confirms Trump’s Pick to Lead Land Bureau

enate (Reuters) – The U.S. Senate voted on Monday to confirm Steve Pearce, a former oilman and congressman from New Mexico, to lead the Bureau of Land Management. Pearce was…

High Gas Prices Spur Americans to Improvise, From Bus Rides to Toy Cars

By and Gas prices surge to more than $4.50 a gallon nationwide Some drivers increasingly limit travel, avoid higher-priced gas stations More Americans turn to public transit NEW YORK, May…