Repsol Set to Sell 49% in Spanish Renewables Portfolio to UAE’s Masdar

Spanish energy giant Repsol is in the final stage of selling a 49% stake in its largest renewables portfolio in Spain to Masdar, the clean energy giant of the United…

Iran, US Exchange Fire in Persian Gulf

The US and Iran exchanged fire in a flareup of violence on Monday that also drew in the United Arab Emirates, prompting calls for renewed strikes on Iranian targets and…

Diamondback Boosts Annual Production Outlook as Oil Prices Rally

May 4 (Reuters) – U.S. shale producer Diamondback Energy (FANG.O) raised its annual production forecast on Monday, after beating ​Wall Street expectations for first-quarter profit on a ‌rally in oil…

US Extends Protection of Venezuela-Owned Citgo From Creditors

WASHINGTON, May 4 (Reuters) – The United States has extended a license that ​protects Venezuela-owned refiner Citgo Petroleum from creditors through June 19, ‌according to a statement on the U.S.…

Chevron CEO Says Physical Shortages in Oil Supply to Begin Appearing

(Reuters) – Chevron Chairman and CEO Mike Wirth said on Monday that physical shortages in oil supply would begin appearing around the world because of the closure of the Strait…

Oil Prices Jump 6% as Iran Sets UAE Oil Port Ablaze, Strikes Vessels in Strait of Hormuz

(Reuters) – Oil prices jumped about 6% on Monday as Iran stepped up attacks on the United Arab Emirates and ships in the Middle East Gulf over the past 24…

Ship modified for transport of used MOX fuel

French nuclear fuel company Orano’s TN Eagle flask design – 5 metres long, 3 metres in diameter, weighing 150 tonnes – was approved by the French Nuclear Safety Authority in…

US companies come together for ‘gas-plus-nuclear’ solution

Bringing together Blue Energy’s project financing and nuclear construction techniques with GE Vernova’s reactor technology and turbines, the companies plan to design and develop a nuclear power plant using GE…

Norwegian municipalities initiate investigation work

Nuclear project developer Norsk Kjernekraft submitted a proposal to the ministry in November 2023 for an assessment of the construction of a small modular reactor (SMR) power plant in the…

Brookfield and The Nuclear Company target VC Summer project

The partnership will specialise in the development of Westinghouse nuclear reactor technology, with the ambition of establishing a world-leading nuclear project execution company, the partners said. It will offer execution…