Oil Field Vendor Nine Files Bankruptcy to Cut $320 Million Debt

By Nine Energy Service Inc., a Houston-based oil field vendor, filed for Chapter 11 bankruptcy on Sunday as it struggled with high leverage and a shrinking business amid a slowdown…

The $3 Trillion AI Data Center Build-Out Becomes All-Consuming For Debt Markets

Artificial intelligence already has a big footprint in stocks. Now lending for data centers is becoming a factor in bonds and credit. By More than $3 trillion. That’s the ­staggering…

Trump Cuts India Tariffs in Deal He Links to Russian Oil

By and President Donald Trump said he will slash tariffs on India to 18% after Prime Minister Narendra Modi agreed to stop buying Russian oil, easing tensions between the two…

US Dropping 25% Separate Tariff on Indian Imports After Pledge to Cut Russian Oil, White House Says

(Reuters) – The Trump administration is dropping a 25% additional tariffs imposed on Indian imports over its purchases of Russian oil, in addition to lowering a country-specific tariff to 18%…

Winter Freeze Cut US LNG Output in January; Imports From Trinidad Helped Fill Gap

(Reuters) – Exports of liquefied natural gas from the U.S. fell in January to 11.3 million metric tonnes – down from December’s record of 11.5 MT – as a winter…

US Crude Oil Production Nears Full Recovery After Storm Hit Output

(Reuters) – Crude oil producers in the United States continued bringing oil wells back online on Monday, with only around 0.7% of national output still halted in the aftermath of…

Location of second Kazakh nuclear power plant announced

According to on the Minister of Justice’s website, a government decision was made on 26 January on the construction area, with the resolution entering into force on the day of…

Lianjiang simulator completes on-site acceptance testing

The simulator for Phase I (units 1 and 2) of the Lianjiang plant project is the first CAP1000 reactor type full-scope simulator to adopt State Power Investment Corporation’s (SPIC’s) proprietary…

US, Japanese partnership for fusion technology development

Anchoring the strategic partnership, Kyoto Fusioneering (KF) and Oak Ridge National Laboratory (ORNL) have established a new public-private partnership that leverages each institution’s expertise in fusion technology to accelerate the…

WANO rolls out new enhanced monitoring initiative

World Association of Nuclear Operators (WANO), which has traditionally focused on peer review visits to nuclear units every four years, is now also getting key data from each of the…