Site preparations under way for planned Kola units

A ceremony to mark the beginning of the works was held on Wednesday, attended by the Governor of Murmansk Andrey Chibis, the management of the Kola plant, and representatives from…

Podcast: Why is the World Nuclear Investment Guide needed?

The challenge posed is that, according to World Nuclear Association’s most recent World Nuclear Outlook Report, “when all operable, under construction, planned, proposed, and potential reactors are combined with government targets, the total…

In pictures: ITER tokamak core assembly progressing

The International Thermonuclear Experimental Reactor’s plasma chamber, or vacuum vessel, houses the fusion reactions and acts as a first safety containment barrier. With an interior volume of 1400 cubic metres,…

Oil Edges Down in Choppy Trading Amid Oman-Iran Talks, US-Iran Tensions

Summary US military says it hit dozens of Iran’s IRGC targets Oil tankers planned for loading at CPC terminal are heading away from Black Sea after strikes Drone strike on…

QatarEnergy Buys 33 US LNG Cargoes to Offset Hormuz Disruption

 (Reuters) – QatarEnergy (QE) has bought 33 spot LNG cargoes this year from the U.S. for delivery to South Korea, Taiwan, Bangladesh, India ​and Japan, four trade and industry sources…

TC Energy Tops Quarterly Profit Estimates, Approves C$700 Million in Pipeline Expansion Projects

(Reuters) – TC Energy  on Thursday beat second-quarter profit estimates and approved pipeline expansion projects worth about C$700 million ($498.36 million) across ​North America, including two U.S. projects aimed at meeting…

American Electric Power Lifts Forecast as AI Fuels Electricity Demand

By July 30 (Reuters) – American Electric Power (AEP.O) on Thursday raised ​its current-year operating earnings forecast, supported by robust electricity ‌demand from data centers and other large customers. U.S.…

US Refiner Valero Energy Posts Record Second-Quarter Profit, Shares Jump 2%

By and Refining segment adjusted operating earnings more than triple to $4.4 billion Valero returns $2.6 billion to shareholders in second quarter Average throughput increased to 3 million bpd from…

Indian Oil Eyes Stakes In Gas Carriers To Cut U.S. LPG Freight Costs

Indian Oil Corp. is seeking 50% ownership stakes in very large gas carriers, a first for an Indian refiner, as the company prepares to transport higher volumes of U.S. liquefied…

Glencore Sees $3.3 Billion Trading Profit as Iran War Rattles Oil Markets

Commodity producing and trading giant Glencore expects to post a profit of $3.3 billion in its marketing division for the first half of the year, as extreme market volatility during…