Summit hears of surging interest in investing in nuclear projects

On the same day that Google announced a long-term power purchase agreement with Finland’s Fortum covering up to 50% of the Loviisa nuclear power plant’s capacity and providing financial certainty for…

Orano, KHNP expand cooperation in uranium enrichment

The letter of intent – signed at the Elysee Palace in Paris during a state visit by South Korean President Lee Jae Myung – builds on the memorandum of understanding…

Centrus to supply Radiant with microreactor fuel

Under the agreement, Centrus will begin delivering high-assay, low-enriched uranium (HALEU) before the end of the decade, adding another domestic source of fuel to support commercial scale-up of Radiant’s Kaleidos…

Groundwork begins at new Chinese plant site

SPIC said the pre-construction meeting and mobilisation meeting for the site levelling for the main plant area of ​​units 1 and 2 of the Laiyang plant was held on 1…

Dutch TTF Gas Jumps 2% as Winter Storage Race Heats Up

Europe’s benchmark natural gas prices jumped on Tuesday morning in Amsterdam as the Middle East crisis remains a major supply shock amid the European race against time to stock up…

Uganda Set to Become World’s Newest Oil Exporter in Early 2027

The global list of crude oil exporters will expand with Uganda early next year as the African country is moving closer to first oil from a project whose crude will…

Vitol CEO: Global Fuel Markets Are “Tight and Inflexible”

Global fuel markets are very tight and inflexible, despite the higher flows out of the Persian Gulf in recent weeks, Russell Hardy, chief executive of the world’s biggest independent oil…

Gulf Producers Find Workarounds As Hormuz Tensions Persist

Kuwait’s crude oil exports have rebounded to about 1 million barrels per day (bpd), recovering to two-thirds of the 1.6 million bpd shipped through the Strait of Hormuz before the…

Oil Tankers Flood Back Into Suez Canal As Red Sea Risk Grows

Suez Canal’s revenue jumped by 42% in July from the same month last year as the number of oil tankers passing through the Egyptian gateway to the Mediterranean surged amid…

Oil Prices Hit 3-Month Highs

Oil prices rose for another session on Tuesday, reaching three-month highs as escalating tensions across the Gulf renewed concerns over regional energy flows. That’s what Paolo Broccardo, CEO at BankPro,…