Oil dips as Trump indicates Iran strike decision will take time

(Bloomberg) – Oil slumped after President Donald Trump signaled a decision on whether to strike Iran will be made within two weeks, easing fears about an imminent attack from the…

Robot ‘dog’ to support Spanish decommissioning project

Friday, 20 June 2025 A Spot robot will be used to help with decommissioning at Garoña (Image: GDES) The robot will be developed and launched through a temporary joint venture…

TVO completes Final Takeover of Olkiluoto 3

Friday, 20 June 2025 (Image: TVO) Marjo Mustonen, TVO Senior Vice President for Electricity Production, said Olkiluoto 3 (OL3) had “operated reliably during the first two years. The annual outage this spring,…

Regulator gives preliminary approval to Steady Energy’s SMR concept

Regulator gives preliminary approval to Steady Energy’s SMR concept   

Uzbekistan studying option of a four-unit VVER-1000 plant

Friday, 20 June 2025 (Image: Strana Rosatom) The announcement came at the St Petersburg International Economic Forum (see picture above), and builds on the current project to build a small modular reactor plant…

Japan Moves to Shield Consumers from Soaring Gasoline Prices

Japan’s government will implement measures to ensure that the Israel-Iran conflict and potential escalation wouldn’t result in major spikes in gasoline prices in one of Asia’s most oil-import dependent large…

China Loosens Rare Earth Export Controls

China has eased its restrictions on exports of rare earth elements by approving “a certain number” of export licenses, its commerce ministry said on Thursday in what could be the…

Namibia Considers Incentives to Help Launch its Oil Industry

Namibia, one of the latest exploration hotspots in the world, is weighing potential further incentives and financing options to offer to international majors preparing plans for oil production offshore the…

Middle East Conflict Sparks Exodus of Foreign Oil Personnel

Several foreign experts working with oil companies in Iraq have recently left the country amid the escalating Israel-Iran conflict, Shafaq News reported on Thursday, citing a senior source in the…

Chevron Explores Sale of Singapore Refinery Stake

As part of a push to streamline global assets and reduce costs, U.S. supermajor Chevron is inviting non-binding bids from potential buyers of its 50% stake in a refinery in…