BP Halts Share Buybacks

BP Plc is halting share buybacks to shore up its balance sheet as pressure mounts on the UK energy giant to deliver on its turnaround efforts.  The company is slashing…

Domes hoisted at Chinese CAP1000 units

State Power Investment Corporation (SPIC) said the outer steel dome of the nuclear island of unit 4 of the Haiyang plant in Shandong province was hoisted into place on 9…

US, Armenia sign agreement on nuclear energy

Prime Minister of the Republic of Armenia Nikol Pashinyan and US Vice President JD Vance signed a joint statement on the completion of negotiations on the Agreement on Cooperation between…

Copenhagen Atomics reaches pump testing milestone

Molten salt reactors (MSRs) rely on pumps to circulate liquid fuel or coolant at temperatures exceeding 600°C for years at a time. Demonstrating long-term, stable pump operation is therefore a…

Podcast: What should be the target time to build a nuclear plant?

In an interview for the World Nuclear News podcast Aubarbier, Deputy CEO of French multinational engineering giant Assystem, also covered the progress of the French EPR2 programme, how regulation differs…

US Natural Gas Futures Fall More Than 8% on Milder Forecasts

(Reuters) – U.S. natural gas futures fell by more than 8% on Monday on forecasts for milder weather than previously expected for the rest of the month, erasing the previous…

Vitol Pushes Back Peak Oil Demand to Mid-2030s

Vitol expects global oil demand to peak around the middle of the 2030s, due to forecasts of slower uptake of electric vehicles, the world’s biggest independent oil trader…