Russia Warns of Force Majeure on Oil Cargoes After Port Disruptions

Russia’s oil exporters are warning buyers that cargoes from its key Baltic ports may not be delivered at all. Russian producers are now saying they may declare force majeure on…

Trump Claims Iran Yielded to US War Demands

President Donald Trump said that Iran “gave” the US most of the 15 demands it issued to Tehran to end the war, even as it remains unclear whether either side is…

$100 Oil Is Solving Russia’s Budget Problem

Russia is getting an unexpected windfall from the war in the Middle East. The Kremlin’s oil revenues this month hit a four-year high as oil prices jumped to $100 per…

Aker BP’s Earnings Slide Masks a Massive Growth Push

Aker BP’s 2025 Annual Report confirms what the market has been sensing for months: this was not a peak year—it was a transition year.Production held firm, costs remained low, and…

New Hampshire to assess deployment of advanced reactors

The order initiates a comprehensive review of regulatory, financial, and market factors affecting nuclear deployment, while engaging stakeholders across government and industry. It also calls for the creation of a…

In Pictures: Akkuyu 2’s polar crane installed

The 282-tonne bridge is part of the polar crane, a circular overhead crane which is mounted under the reactor building’s inner containment dome. Its circular design means that it can transport…

Bulgarian repository moves closer to commissioning

Executive Director of the State Enterprise Radioactive Waste (SE RAW) Dilyan Petrov said: “We are happy that with today’s decision we can report the finalisation of a long and difficult project.”…

Containment tests completed at Sanmen 3

The two-part tests confirm that the containment vessel meets design and construction quality requirements. The first part – the structural integrity test (SIT) – involved the vessel being pressurised and…

New US company plans uranium conversion facility

Headquartered in Houston, Texas and McLean, Virginia, FluxPoint Energy was officially launched last week at the CERAWeek international energy event in Houston, Texas. The company said its mission is to…

Pentagon Preparing for Weeks of Ground Operations in Iran, Washington Post Reports

Reuters The Pentagon is preparing for weeks of ground operations in Iran, the Washington Post reported Saturday, citing U.S. officials. The plans could involve raids by Special Operations and conventional…