Spain Grid Operator Vows Record Investments After Blackout

Spain’s national grid operator Redeia will plan for a record-high investments in its next strategic plan, chair Beatriz Corredor said on Monday as the blame game over who is responsible…

NRC issues subsequent licence renewal for VC Summer

Tuesday, 1 July 2025 VC Summer (Image: NRC/South Carolina Electric and Gas Co) Dominion Energy South Carolina Inc submitted its application requesting authorisation to operate the plant from 60 to…

Early works agreement for BWRX-300 SMRs in Finland and Sweden

Tuesday, 1 July 2025 (Image: GE Vernova) Finnish energy company Fortum, which is 51.26% state-owned, launched a feasibility study in October 2022 to explore the commercial, technological, and societal prerequisites for new…

Google signs up for power from future fusion plant

Tuesday, 1 July 2025 CFS is building its SPARC prototype plant in Massachusetts (Image: CFS) As well as what Google describes as the largest direct corporate purchase agreement for fusion…

Changjiang 3 containment building completed

Tuesday, 1 July 2025 (Image: CNNC) “This marks the completion of the main structure of the reactor building of the nuclear island of unit 3 and the entry of the…

Westinghouse contracted to assemble ITER torus

Tuesday, 1 July 2025 The ITER Tokamak pit with the two vacuum vessel sector modules installed (Image: Westinghouse) Under the contract, Westinghouse will be responsible for completing the vacuum vessel…

Oil Tanker Explodes Off Libyan Coast

An oil tanker has suffered an explosion off Libya’s coast, without causing any injuries or pollution, the vessel operator said on Monday, adding that the cause of the explosion is…

Larger Deals Power Global M&A in H1, Bankers Signal Appetite for Megadeals

Mergers and acquisitions during the first half of this year were not what investment bankers had hoped for, but a burst of big deals in Asia and renewed optimism in…

Hedge Funds Sell Energy Stocks as Oil Slumps, Says Goldman Sachs

Hedge funds, starting June 23, sold the stocks of energy-related companies across every major region, the Goldman note said. Get the Latest US Focused Energy News Delivered to You! It’s…

US Crude Oil Output Hit Record in April, EIA Data Shows

Gasoline demand rose 145,000 bpd to 8.91 million bpd in April, the highest since October, the EIA said. Meanwhile, demand for distillate fuels, which include diesel and heating oil, edged…