Trump Threatens to Escalate War, Says End Is Very Close

President Donald Trump said the war in Iran is “very close” to completion, even as he said the US plans to launch fresh attacks on the country within the next…

Oil Falls 2% as Trump Says U.S. Will Exit Iran ‘Pretty Quickly’

Oil prices on Wednesday morning dipped some 2% as U.S. President Donald Trump signaled that the United States may wind down its military operations in Iran soon, while threatening to…

Traders Ramp Up Bearish Oil Bets To Nearly $1 Billion

Traders have poured a record $977 million into the ProShares UltraShort Bloomberg Crude Oil ETF (SCO), a leveraged bet that oil prices will collapse from their war-driven highs. Despite the…

Oil Prices Surge 6% as Trump Signals Prolonged Iran Conflict

Oil prices surged in early Asian trade on Thursday after President Trump signaled that Washington would continue its military campaign against Iran, including potential strikes on energy infrastructure. Before the…

China Resells Record LNG Volumes as Global Gas Crunch Bites

Since the start of the Middle East war, China has been reselling record volumes of LNG to other Asian buyers as its own demand has been tepid and stocks and…

OPG applies for operating licence for BWRX-300 SMR

The application by Ontario Power Generation (OPG) is for a 20-year licence to operate what looks set to be the first small modular reactor (SMR) in a G7 country, as…

New England governors unite for nuclear

The governors signing include Governor Ned Lamont of Connecticut, Governor Janet Mills of Maine, Governor Maura Healey of Massachusetts, Governor Kelly Ayotte of New Hampshire, Governor Dan McKee of Rhode…

Belarus set for role in Smolensk nuclear construction

The meeting was attended by Smolensk nuclear power plant (Smolensk NPP) managers, regional government representatives, general contractor Titan-2 and Belarusian firms with experience of working on nuclear power facilities. The Smolensk…

UK plant transfers to government ownership

The site will now be managed by the Nuclear Decommissioning Authority’s (NDA’s) subsidiary Nuclear Restoration Services (NRS), which is also decommissioning the neighbouring Hunterston A site. It becomes the first…

Reactor vessel installed at Lianjiang unit 2

State Power Investment Corp (SPIC) said the reactor pressure vessel of unit 2 was successfully hoisted into place on Wednesday, “marking the start of the equipment installation phase for both…