Argentina announces privately-financed SMR plan

In a post on the X social media site the President’s Official Spokesman said: “This is the first commercial version of this reactor, the first nuclear reactor financed 100% with…

Ukraine draft law on Chernobyl decommissioning to 2036 approved

The funding allocated for the programme to 2036 amounts to UAH50.8 billion (USD1.1 billion), of which UAH45.6 billion is to be financed via the state budget and UAH5.2 billion from…

IEA chief urges EU to revisit Arctic oil and gas drilling ban

(Bloomberg) – International Energy Agency Executive Director Fatih Birol pressed the European Union to revisit its moratorium on drilling for oil and gas in the Arctic, challenging the bloc’s long-held…

Escalation Continues as U.S. and Iran Face Off Over Hormuz

The United States is prepared for a continued exchange of fire with Iran over the Strait of Hormuz and Tehran’s attacks on commercial vessels in the chokepoint, U.S. officials have…

Pakistan Rushes to Buy Emergency LNG After Qatar Cargo Is Canceled

Pakistan is forced to turn to the spot LNG market once again after the re-escalation in the Strait of Hormuz has canceled a cargo from Qatar. State-controlled Pakistan LNG has…

Ukraine Hits Two Russian Fuel Tankers as Moscow’s Fuel Crisis Deepens

Ukraine hit two fuel tankers overnight offshore Russia’s southern coast in an expanding campaign to deepen the fuel crisis in Russia. The two tankers were hit in Taganrog Bay, the…

EU Eyes 2040 Electrification Target to Slash Oil and Gas Dependence

The European Commission is set to unveil next week an electrification target for 2040 in a bid to reduce the need for fossil fuels and strengthen the renewable energy sector…

Oil Prices Fall as Markets Weigh Impact of US Strikes on Iran

Summary US military carries out strikes on Iran, prompting Iranian attacks on Kuwait and Bahrain Some war insurers advise shipowners to pause Hormuz voyages, sources say Analyst says Brent will…

How Trump and AI Data Centers Are Boosting Nuclear Power

The Three Mile Island nuclear power plant, located in the middle of the Susquehanna River, in Middletown, Pennsylvania.Photographer: Heather Khalifa/Bloomberg Bloomberg Nuclear energy is back in vogue in the US.…

Forget TACO. Trump’s Best Mexican Food Acronym is TAMALES: Russell

(Reuters) – One of the clever ways to deal with the unprecedented and disruptive U.S. presidency of Donald Trump is to make up acronyms using Mexican foods. This has given…