Chevron Resumes Exports of Venezuelan Oil to US After Four-Day Pause, Data Shows

(Reuters) – An oil tanker chartered by U.S. Chevron carrying some 300,000 barrels of Venezuelan heavy crude bound for the U.S. Gulf Coast departed on Monday from the OPEC country’s…

Venezuela Risk to US Economy is Via Oil Prices, But Not Seeing it Yet, Fed’s Kashkari Says

(Reuters) – The main risk to the U.S. economy from the Trump administration’s capture of Venezuela’s leader over the weekend would stem from rising oil prices, Minneapolis Federal Reserve President…

Agreement extension enables continued development of Polish plant

In November 2022, the then Polish government selected Westinghouse AP1000 reactor technology for construction at the Lubiatowo-Kopalino site in the Choczewo municipality in Pomerania in northern Poland. In September 2023,…

Venezuela oil investment faces long timelines, ANZ says

(Bloomberg) – Investors betting on growth in Venezuela oil output will need deep pockets and patience, as aging infrastructure will require billions of dollars in spending, according to Australia and…

Decommissioning licence to 2055 issued for Leningrad 1

Rosatom says that the 30-year decommissioning work will “serve as a benchmark for all subsequent pressure-tube reactor dismantling projects worldwide”. The Russian state nuclear corporation says that what it calls the “Immediate…

DOE awards USD2.7 billion to strengthen US uranium enrichment

The “historic” investment expands US capacity for low-enriched uranium (LEU) and jumpstarts new supply chains and innovations for high-assay low-enriched uranium (HALEU), the Department of Energy (DOE) said. The department had…

BWRX-300 to be considered for deployment in Bulgaria

The BWRX-300 is a 300 MWe water-cooled, natural circulation SMR with passive safety systems that leverages the design and licensing basis of GE Vernova Hitachi Nuclear Energy’s (GVH’s) US Nuclear…

Final unit at Bilibino Nuclear Power Plant permanently shut down

Bilibino Nuclear Power Plant, in Russia’s Arctic north east, has been operating for 51 years in the permafrost zone, with its reactors operating for a combined 190 reactor-years, generating 11.6 billion…

Fuel loading under way at new Chinese units

Both units received operating licences from the Ministry of Ecology and Environment on 24 December, China General Nuclear (CGN) said. The loading of the first fuel assemblies began at each…

U.S. Blitz Against Maduro Rattles Foreign Oil Claims Worth Billions

Billions of barrels of Venezuela’s oil claimed by major state-owned Chinese and Russian companies under current deals are now in doubt following the U.S. capture of Nicolas Maduro, according to…