Sitting atop the world’s second-largest oil reserves, Saudi Arabia has little to worry about when it comes to generating energy. But the Gulf nation is now angling to make one of the biggest investments in nuclear energy the world has seen. Saudi Arabia plans to spend more than $80 billion to build 16 nuclear reactors over the next …
WASHINGTON, D.C. – Today, the U.S. Department of Energy (DOE) celebrated the conclusion of the Fiscal Year 2018 (FY 2018) appropriations process. The Omnibus bill, signed by President Trump, includes $34.5 billion in funding for the DOE. “As a former appropriator, I am keenly aware of the work that goes in to the budget process, and …
Saudi Arabian Energy Minister Khalid al-Falih speaks during an interview in Washington, DC, U.S. March 22, 2018. REUTERS/Valerie Volcovici Saudi Arabia has international partners it can work with if the United States walks away from a potential deal on nuclear power technology over concerns about nuclear proliferation, Khalid al-Falih, the kingdom’s energy minister, said in …
U.S. uranium miners are fighting for relief from imports The Commerce Department is still reviewing their petition Trump Says China Tariffs Could Affect $60 Billion in Goods On Thursday, as President Donald Trump ordered tariffs on Chinese goods, he warned, “This is the first of many.” Well, if he’s serious, here’s another potential trade target: uranium. In …
WASHINGTON (Reuters) – U.S. lawmakers introduced a bill on Wednesday to ensure that countries striking deals with Washington on sharing nuclear power technology abandon fuel-making activities that could be altered to make material for nuclear weapons. U.S. Representatives Ilea Ros-Lehtinen, a Republican, and Brad Sherman, a Democrat, introduced the bill as officials from Saudi Arabia …
Saudi Arabia’s pursuit of a nuclear energy program grabbed headlines last week after Crown Prince Mohammed Bin Salman told CBS News that if Iran were to build a nuclear bomb, so would Saudi Arabia. The kingdom is refusing to accept a deal that would forbid it from enriching uranium and reprocessing plutonium, the mechanisms necessary …
On March 19, the Town Assembly in Genkai, where the Genkai Nuclear Power Plants, owned and operated by the Kyushu Electric Power Co., is located, approved a proposal asking the central government to come out clearly in the Strategic Energy Plan in favor of construction of new NPPs. As restarting of the Genkai-3 and -4 …
The head of the Czech Chamber of Commerce has hit out at current prime minister Andrej Babiš for his stance that state dominated utility ČEZ should be able to build new nuclear reactors on its own without any help. Chamber president Vladimír Dlouhý, speaking at an energy conference in Prague, said such a position was …
MOSCOW (Reuters) – Russian state nuclear agency Rosatom said on Monday that Russia and China have agreed to work together on a uranium mining project in Russia, RIA news agency reported. Russia and China signed an agreement about investments in the project on Monday, RIA said. Source: Reuters
China National Nuclear Corporation (CNNC), one of the country’s two leading nuclear power companies, is stepping up its overseas cooperation, the chairperson said Saturday. Progress is being made in cooperation with CNNC’s local partners in countries like Pakistan, Argentina, Saudi Arabia, Ghana and the United States, CNNC chairperson Wang Shoujun said on the sidelines of …
