Oklo, KHNP to cooperate on SMR projects

Thursday, 29 May 2025 Oklo CEO Jacob DeWitte (left) and KHNP President Joo-ho Whang (Image: Oklo) Under the agreement, Korea Hydro & Nuclear Power (KHNP) and Oklo plan to collaborate…

Darlington SMR contract awarded to Candu Energy

Thursday, 29 May 2025 The Darlington New Nuclear site (Image: OPG) AtkinsRéalis is providing Ontario Power Generation (OPG) with expertise for the engineering of the BWRX-300 small modular reactor (SMR).…

Formal initial design review of Infinity Two completed

Thursday, 29 May 2025 (Image: Type One Energy) Type One Energy said the Infinity Two is “based on the world’s only implementable, peer-reviewed physics basis for a fusion power plant…

Oil Gains on Supply Concerns, Investors Await July OPEC+ Output Decision

By OPEC+ keeps output policy unchanged Eight OPEC+ members expected to agree to output boost Saturday Goldman Sachs sees OPEC+ keeping output steady after July hike Chevron’s Venezuelan oil curbs,…

Chevron Investors Reject Stockholder Proposals, Exxon Faces None

By HOUSTON, May 28 (Reuters) – Chevron (CVX.N) shareholders voted against three stockholder proposals during the U.S. oil producer’s annual meeting on Wednesday, including one calling for a report on…

Natural Gas Flows to Freeport LNG Export Plant in Texas Drop Wednesday, Sources Say

By HOUSTON, May 28 (Reuters) – Natural gas flows to a Freeport liquefied natural gas (LNG) export plant in Texas declined on Wednesday, likely leading to a reduction in LNG…

Russia’s Crude Oil Export Revenues Hit Two-Year Low as Prices Dip

The value of Russian crude oil exports have sunk in May to the lowest level in over two years, data on shipments and Russian crude prices compiled by Bloomberg showed…

Russia Hints at Changing Oil Price Level in Its Budget Rule

Russia could consider adjusting the oil price level in its so-called budget rule amid falling oil prices, Finance Minister Anton Siluanov said on Wednesday. Under the budget rule, Russia has…

Australia Extends Lifespan of Iconic LNG Plant to 2070

After six years of reviews and delays, Australia’s federal government has approved a proposal that would see the operating life of its biggest and oldest LNG plant extended to 2070.…

U.S. Scolds Russia for Stoking WW3 Fears After Trump’s ‘Playing With Fire’ Remark

U.S. President Donald Trump’s envoy, Keith Kellogg, on Wednesday scolded a top Russian official for stoking fears of World War Three after Trump warned President Vladimir Putin was “playing with…