Oil Supply Shock to Worsen as Inventories Fall Further Even if Conflict Ends

(Reuters) – Oil supplies are set to tighten further in coming weeks even if the U.S. and Iran agree on a peace deal to end their war because it will…

Microsoft May Abandon its Clean Energy Powered Data Centre Targets

The hyperscaler has been adding a gigawatt of data centre capacity, enough to power 750,000 homes, every three months By Alastair Marsh and Brody Ford Microsoft Corp. may shelve one…

Licensing of US pilot SMRs advances

The Department of Energy’s Idaho Operations Office (DOE-ID) approved Aalo’s Documented Safety Analysis for the Aalo-X on 30 April. The Documented Safety Analysis is the authoritative safety basis for a DOE…

‘Robust demand in nuclear’ helps Solstice to strong start

“Solstice delivered a strong start to 2026, with results ahead of our first-quarter outlook and continued momentum in our highest-growth platforms,” President and CEO David Sewell said. “Demand in Nuclear,…

Italy, UK enhance cooperation on decommissioning

The MoU was signed by Gian Luca Artizzu, CEO of Societa Gestione Impianti Nucleari SpA (Sogin) – the Italian state-owned company responsible for decommissioning the country’s nuclear power plants –…

Innovative thorium-based fuel concludes irradiation campaign

ANEEL – its name is taken from Advanced Nuclear Energy for Enriched Life – has been developed for use in pressurised heavy water reactors (PHWRs) and Candu reactors. Clean Core Thorium Energy says it…

Permission granted for commissioning work on Akkuyu 2

The application for the permit was submitted to the regulator – Nükleer Düzenleme Kurumu (NDK) – in May 2025. The documents detailed “the unit’s commissioning stages, associated technological operations, and the operating personnel training…

Occidental Scraps New Oil Hedges as Iran War Fuels Price Volatility

(Reuters) – U.S. shale producer Occidental Petroleum will not add more oil hedges this year after volatility in crude prices following the Iran war led to lower realized prices. Speaking…

US Says Airline Jet Fuel Costs Jumped $1.8 Billion or 56% in March

(Reuters) – Major U.S. passenger airlines spent just over $5 billion on jet fuel in March, up $1.8 billion or 56% from what they spent in February, the U.S. Transportation…

Average U.S. Gasoline Price Tops $4.50 to Near Four-Year High

The national average price of gasoline in the United States has just topped $4.50 per gallon, the highest level since the middle of July 2022, according to data from GasBuddy,…