Big Oil to Reap Billions From Iran War Windfall After a Month of Soaring Energy Prices

By , and Oil prices surge due to Iran conflict, boosting profits Analysts revise Chevron, Shell earnings estimates upwards Middle East disruptions may hurt oilfield-service companies HOUSTON, March 26 (Reuters)…

Study outlines Finnish options for new nuclear capacity

AFRY was commissioned by the Ministry of Economic Affairs and Employment in November to examine the use of nuclear energy in both electricity and heat production. The analysis covers traditional…

Microsoft, Nvidia team up for AI for nuclear

“The world is racing to meet a historic surge in power demand with an infrastructure pipeline built for the analogue age,” Darryl Willis, Corporate Vice President, Worldwide Energy and Resources…

First 10 years of Russian final waste repository reviewed

The repository received its first waste shipment – 13 packages of waste totalling 47 cubic metres – in November 2016. It takes class 3 waste and class 4 waste such as,…

Taipower applies to restart Maanshan plant

In May last year, Taiwan’s Legislative Yuan passed an amendment to the Nuclear Reactor Facilities Regulation Act that allows nuclear power plant operators to apply for a 20-year licence renewal…

Kentucky incentives support laser enrichment plant

North Carolina-based Global Laser Enrichment (GLE) completed its full licence application to the US Nuclear Regulatory Commission for the Paducah Laser Enrichment Facility (PLEF) in July last year. It intends…

Excavation work approved for India’s Mahi Banswara units

The permission, announced on Thursday, has been issued to Anushakti Vidyut Nigam Limited (Ashvini) for the 700 MWe pressurised heavy water reactors planned at the plant, in the Banswara district of…

Trump Says Iran’s ‘Present’ to US Was Allowing 10 Oil Tankers Through Hormuz

(Reuters) – U.S. President Donald Trumpsaid on Thursday that Iran was letting10 oil tankers transit the Strait of Hormuz as an apparent goodwill gesture in negotiations. Trump made the comments…

Iran Earning $139 Million a Day From Oil as Hormuz Crisis Locks Out Rivals

Iran’s oil exports have not collapsed and are fetching much higher prices than before the war, handing Tehran handsome extra revenues from its crude, which is the only one unimpeded…

Ukraine Knocks Out 40% of Russia’s Oil Export Capacity in Baltic Drone Strike

Russia is scrambling to reroute oil flows after a fresh wave of attacks knocked out key Baltic export infrastructure—just as maritime risks are already piling up elsewhere. According to Reuters,…