Strait of Hormuz to reopen as Middle East ceasefire reached
The Strait of Hormuz is to reopen after the US announced a two-week ceasefire with Iran. Global energy prices fell sharply on the news which came shortly before the US-imposed…
Hungary Set to Agree to Buy U.S. Oil During JD Vance Visit
Hungary is expected on Tuesday to agree a $500-million oil supply deal with the United States during the visit of U.S. Vice President JD Vance in Budapest, a source with…
Crude Sinks on Two-Week Iran Pause
Crude oil slumped and US equity-index futures surged after President Donald Trump agreed to suspend bombing on Iran for two weeks, giving markets a respite following turbulence driven by the…
TACO Tuesday – Oil Dives, Stocks Surge as Trump Backs Down and Agrees to Two-Week Ceasefire
Oil dived, bonds rallied and stocks surged on Wednesday as a two-week ceasefire in the Middle East was seen as paving the way for a lasting peace and resumption of…
Westinghouse sets standards to support fleet-scale AP1000 deployment
The submittal of Revision 20 of the AP1000 Design Control Document (DCD) to the Nuclear Regulatory Commission (NRC), is part of Westinghouse’s strategic plan to enable a fleet-scale deployment of…
Deep Isolation selected for new US federal support
The California-based company’s project is one of two selected for support under the latest iteration of the US Department of Energy (DOE) Advanced Research Projects Agency-Energy (ARPA-E) initiative: the other…
Commission calls for Norway to prepare for nuclear energy
“The need for emission-free and stable energy sources that can help manage the natural and climate crisis and meet an increasing need for power has contributed to raising the question…
Testing of innovative VVER fuel begins
During a scheduled refuelling at Balakovo 1, three innovative fuel assemblies were loaded into the VVER-1000 reactor core, Russian state nuclear corporation Rosatom said. Each assembly contains 312 fuel rods…
GE Vernova Hitachi, AFRY to collaborate on SMR deployment
Through the Main Services Agreement, AFRY will deliver engineering and advisory services that leverage its deep sector knowledge, regional expertise and extensive presence across Europe. The collaboration is expected to…
Fuel Prices Could Keep Rising for Months After Hormuz Reopens, US EIA Says
(Reuters) – Fuel prices could keep rising for months even after the Strait of Hormuz reopens, the U.S. Energy Information Administration said on Tuesday, deviating from President Donald Trump’s assurances…


South Korea Unveils $747 Billion Plan to Break Its Fossil Fuel Habit
Shell’s Refining Margin Jumps 75% as Fuel Supplies Dry Up
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IEA Discusses G7’s 100 Million-Barrel Oil and Diesel Release
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How Much Gulf Production Will Isaias Knock Out?








