Deep Fission begins drilling first data acquisition well

The well will be drilled to a depth of approximately 6,000 feet (1,830 metres) and will have a diameter of roughly eight inches (20 centimetres). The three planned wells represents…

Energy Secretary backs congressman’s call to reopen Indian Point

Indian Point’s two operational pressurised water reactors – unit 2 and unit 3 – were closed down in 2020 and 2021 respectively. The premature closure of the units, which both…

Rwanda ‘making significant progress’ on nuclear energy programme

The 10-strong Integrated Nuclear Infrastructure Review mission took place during the first week of March in Rwanda, which currently has no nuclear power reactors, but plans for nuclear power to supply…

Framatome and NuScale expand fuel partnership

The NuScale Power Module is a 77 MWe Generation III+ pressurised water reactor that uses NuFUEL-HTP2  fuel, which is based on existing Framatome HTP pressurised water reactor fuel technology. A…

Brent to Trade Above $95 for Next Two Months on Iran War, EIA Says

By , and HOUSTON, March 10 (Reuters) – Brent oil prices are set to trade above $95 a barrel over the next two months as the Iran war disrupts supplies,…

Higher Gasoline Prices, Volatile Stocks, Could Hit Both Low- And High-Income US Consumers as War Persists

By Gas prices rise, stocks volatile amid US-Iran conflict Lower-income households may cut spending, affecting businesses Fed faces challenge balancing inflation and growth amid conflict WASHINGTON, March 10 (Reuters) –…

Saudi Aramco Sees 1.1 Million Bpd Oil Demand Growth in 2026

Global oil demand is set to grow by 1.1 million barrels per day (bpd) this year to a new record high, according to the world’s single largest crude exporter, Saudi…

India’s Top Bank Avoids Russian Oil Payments Despite U.S. Sanctions Waiver

State Bank of India, the largest lender in the country, continues to shun processing payments for purchases of Russian oil despite the temporary U.S. waiver for India to buy Russia’s…

Oil Shock Lifts EIA Price Outlook as Hormuz Crisis Reshapes Forecast

The U.S. Energy Information Administration sharply revised its oil price outlook in its latest Short-Term Energy Outlook (STEO) based on the growing impact of the Middle East conflict and the…

GPS Jamming Chaos Grips Vital Oil Chokepoint

Clusters containing dozens of vessels each appear to signal positions in and around the Strait of Hormuz, suggesting that electronic interference and GPS jamming have soared at the critical oil…