Oil Rally Gives Russia an Excuse to Delay Crucial Budget Reform

Russia was all set to tighten the screws on its own oil dependence, but the oil price spike is causing it to rethink its plan. Moscow has hit pause on…

Rolls-Royce SMR, Studsvik enhance collaboration

The agreement, signed in Stockholm, enables the two companies to evaluate Studsvik’s capabilities and facilities and further explore ways they can support the future deployment of Rolls-Royce SMR’s ‘factory-built’ nuclear power…

Nigeria fast-tracks permits to revive idle oil wells, boost production

(Bloomberg) – Nigeria has slashed the time it takes to approve applications to revive idle oil wells from weeks to hours as Africa’s top crude producer seeks to take advantage…

German energy minister calls nuclear phase-out ‘huge mistake’

Speaking at the CERAweek international energy event in Houston, Texas, she said that prices of petrol, diesel and jet fuels in Germany were spiking “but we don’t see any scarcities in…

Deep Isolation further validates borehole technology

Deep Isolation was among the recipients of USD36 million in funding announced in March 2022 by the US Department of Energy (DOE) for 11 projects seeking to increase the use of…

Pilot operation for REMIX fuel completed

They have now been placed in a used fuel pool before being sent for post-irradiation study at the Research Institute of Atomic Reactors (JSC SSC RIAR). Instead of using standard…

Newcleo kicks off US regulatory interactions

Following the submission of a letter of intent to the Nuclear Regulatory Commission (NRC) on 23 February, France-based Newcleo has now begun early interactions with the NRC that are intended…

ConocoPhillips CEO warns supply losses, infrastructure gaps will drive higher oil prices

(WO) — “You just can’t take 8-to-10 MMbpd off the market, and 20% of LNG supply, and not expect instability,” ConocoPhillips Chairman and CEO Ryan Lance said on Tuesday at…

NRC seeks public comments on Project Matador environmental review

Fermi America is working with the Nuclear Regulatory Commission (NRC) on a pilot programme to develop applicant-prepared Environmental Impact Statement (EIS) documentation, an approach the NRC says will help to…

Venezuela Needs to “Rewire” Fiscal System to Attract Investment, ConocoPhillips CEO Says

(Reuters) – Venezuela needs to “completely rewire” its fiscal system to attract new investment, ConocoPhillips CEO Ryan Lance said on Tuesday at the CERAWeek conference in Houston, underscoring the challenges…