Holtec contracted for dry storage at Taiwan plants

US-headquartered Holtec said it was awarded the contract for the four shut-down boiling water reactor (BWR) units following a “rigorous, transparent, and open public procurement process”, bringing to 155 the…

Five companies selected for HALEU transport funding

The awards are part of the Department of Energy’s (DOE) HALEU availability programme, established in 2020 to secure a domestic supply of HALEU for civilian domestic research, development, demonstration, and…

Viewpoint: Mindset shift for leadership in era of Final Investment Decisions

In 2050, we will look back on 2025 as a pivotal time. The question is not whether this period was a turning point, but how boldly we chose the right…

US Power Use to Reach Record Highs in 2025 and 2026, EIA Says

(Reuters) – U.S. power consumption will hit record highs in 2025 and 2026, the Energy Information Administration said in its short-term energy outlook on Tuesday. The EIA projected power demand…

EIA Lifts 2025 US Oil Output Forecast to a Record High as Supplies Swell

(Reuters) – U.S. oil production is expected to hit a larger record this year than previously expected, the Energy Information Administration said on Tuesday, as expectations mount of a global…

Chevron CEO Wirth Says He is in Discussions With Board About Succession

(Reuters) – Chevron CEO Mike Wirth said on Tuesday he is in discussions with the board of directors about when he will step down from the U.S. oil producer. “I’ve…

US Natgas Output and Demand to Hit Record Highs in 2025, EIA Says

(Reuters) – U.S. natural gas output and demand will both rise to record highs in 2025, the U.S. Energy Information Administration said in its Short-Term Energy Outlook on Tuesday. EIA…

US Natural Gas Futures Drop 7% for Second Day as Mild Weather Trims Demand

(Reuters) – U.S. natural gas futures dropped about 7% for the second straight day to a one-week low on Tuesday, on more moderate two-week forecasts for weather and demand, near-record…

Rosneft Oil Cargo Wanders for Weeks as Sanctions Mount

A cargo of crude oil from sanctioned Russian giant Rosneft has made an 11-week-long meandering trip around Europe and Asia in search of buyers and although it has anchored off…

India Adds 7.2 GW of Coal Power to Bolster Energy Security

India has added as much as 7.2 gigawatts (GW) of coal-fired power capacity in the current fiscal year ending March 2026, which is about 60% above the previous fiscal year’s…