India’s ONGC Targets Tenfold Oil Output Boost in Venezuela

India’s state-owned Oil and Natural Gas Corporation (ONGC) plans to invest about $200 million to revive production at the San Cristobal oilfield in Venezuela, which it shares with Venezuelan state…

Drilling of deposition holes starts at Onkalo

Radioactive waste management company Posiva said a kick-off meeting was held on Tuesday, where it went through the safety aspects, technical specifications and more detailed plans for the drilling operation…

Holtec’s SMR-300 test facility taking shape at INL

Holtec says that fabrication of key test components and preparations for facility installation are under way. The facility at Idaho National Laboratory, supported by the US Department of Energy’s Advanced…

Fortum’s NuCore Energi applies for Swedish state support for new nuclear

Fortum launched the feasibility study in October 2022 to explore the commercial, technological, and societal prerequisites for new nuclear in Finland and Sweden. The study involved in-depth discussions with several…

Multinational support for ATLAS maritime nuclear initiative

The joint statement was issued as the inaugural Atomic Technologies Licensed for Applications at Sea (ATLAS) meeting takes place in the USA. The joint statement says: “Nuclear energy, in particular…

US Army selects five microreactor techs for deployment

The technology and locations are: Antares Nuclear, at Fort Bragg, North Carolina; BWXT Advanced Technologies, at Fort Campbell, Kentucky; General Atomics Electromagnetic Systems, at Fort Hood, Texas; Radiant Industries, at…

Japan to Unveil New Oil Diversification Strategy

Japan is today set to announce an energy import diversification plan that will include stipulations about support for pipelines in the Middle East aimed at diverting export oil flows away…

Hormuz Traffic Remains Depressed as Iran and Oman Weigh Temporary Corridor

Vessel traffic at the Strait of Hormuz remains well below recent averages as Iran and Oman discuss a temporary shipping corridor in the key chokepoint that could lead to a…

Qatar Loses $24 Billion as LNG Exports Collapse 96%

Six months since the Iran war crippled Qatar’s LNG exports via the Strait of Hormuz, the world’s second-largest liquefied natural gas exporter has lost $24 billion in sales as exports…

India’s Russian Oil Imports Slide From Record High as Supply Tightens

India’s crude oil imports from Russia have eased so far this month from July’s record high, as Ukrainian attacks on Russian export infrastructure and competition from China for Russia’s barrels…