Saudi nuclear: talks ongoing with US to allow kingdom nuclear technology

A senior US official has confirmed that Washington is in talks with Riyadh about supporting Saudi Arabia’s planned nuclear programme. Speaking in Abu Dhabi on 26 October, US Energy Secretary Rick Perry Perry confirmed that talks were ongoing. Perry told the forum that Saudi Arabia’s leadership in Riyadh wanted to sign a ‘123 Agreement’ with …

President Trump nominates Dan Brouillette to be United States Secretary of Energy

Today, President Donald J. Trump formally nominated Dan Brouillette to serve as the next U.S. Secretary of Energy. Brouillette, current U.S. Deputy Secretary of Energy, would replace sitting Secretary Rick Perry if confirmed by the U.S. Senate. “It has been the opportunity of a lifetime to serve as Secretary of Energy. I have the utmost …

The uranium industry wants to be great again, but how long will it take?

Uranium markets have been struggling for several years, and industry commentators have been saying for awhile now that the recovery is coming. But just how close is it? From $US140 highs in 2007, prices shrunk due to the GFC and Japan’s Fukushima disaster and the industry struggled. Uranium prices 2007-2019 (Pic: Bloomberg) In 2019, there …

Could Small-Scale Nuclear Power Plants Be A Game-Changer?

A big step for decreasing greenhouse gas emissions and air pollution came this week from Poland. A chemicals company there called Synthos has begun the process to commission a small nuclear power plant from GE Hitachi Nuclear Energy. The plant will only have a capacity of 300 MW, but this is enough for its specific purpose. This nuclear plant …

Russia invites Namibia to cooperate in production of nuclear fuel

Russian President Vladimir Putin invited Namibian President Hage Gottfried Geingob to establish cooperation in production of uranium fuel. According to the Russian leader the development of mineral resources, in particular, uranium resources of Namibia could be an important part of the interaction in the energy sector. “Russia ranks fifth in the world among producers of …

Trump grants 30-day extension for Nuclear Fuel Working Group recommendations

US President Donald Trump granted a 30-day extension to the deadline for the delivery of the recommendations of a working group considering ways to support US uranium miners and the nuclear energy industry overall, a US Department of Commerce spokesman said Tuesday. The recommendations of the White House Nuclear Fuel Working Group had been expected …