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 …
Lobo Tiggre, CEO of Louis James LLC, talked to INN on the sidelines of the 45th annual New Orleans Investment Conference. All good things come to an end was the sentiment expressed by Lobo Tiggre, CEO of Louis James LLC, when the Investing News Network spoke with him on the sidelines of the 45th annual …
Canada-based uranium producer Cameco (TSX: CCO) has tipped higher revenue and a slightly higher realised price for its key commodity as it swung to a loss in its September quarter results. Its net loss was C$13 million (US$9.9 million) or 3c per share, compared with earnings of $28 million (US$21.3 million) and 7c respectively a …
The minister yesterday released an audit of the construction of the Flamanville 3 EPR, conducted by former PSA Group chief Jean-Martin Folz. Construction work began in December 2007 on the 1650 MWe unit at the Flamanville site in Normandy. The EPR reactor was originally expected to start commercial operation in 2013 and cost EUR3.3 billion …
French nuclear group Orano’s COMINAK uranium mine in Niger will shut down in March 2021 due to the depletion of its reserves, the mine’s board of directors said on Wednesday. Orano, which was known as Areva until last year, holds a 34% stake in the mine, the largest in a joint venture with a Nigerien …
Moscow is sure to tout nuclear energy at the Russia-Africa Summit, selling it as a solution for the continent’s power supply woes. So just how concerned should we be about its intentions and Africa’s readiness? Southern Africa’s ongoing drought has had a devastating impact on the region’s power supply. Water levels at Kariba Dam, which …
The Czech Republic will need to build not only one new unit at its Dukovany nuclear power plant, but also more reactors at Temelín if it is to avoid becoming dependent on electricity imports from 2030, Deputy Prime Minister and Minister of Industry and Trade Karel Havlíček said yesterday. Havlíček cited the latest Mid-term Adequacy Forecast …
France has yet to decide whether to build new nuclear reactors and could yet pursue a long-term strategy of 100% renewable energy, Environment Minister Elisabeth Borne said on Monday. The minister was responding to questions on Europe 1 radio after the CEO of state-controled power utility EDF last week said it is clear France is …
Suncor Energy has an image problem that seems incurable. The Alberta oil sands giant produces vast amounts of synthetic crude oil, a product that comes with a rather frightening carbon footprint. As the oil sands expand, Suncor will become an ever-bigger target for climate-change activists and green-tinged politicians. Even Justin Trudeau, who may or may …
Paladin Energy Ltd’s pre-feasibility study (PFS) for the restart of the Langer Heinrich uranium mine has delivered improved economics and potential for capacity expansion. The Namibian mine could return to production within 12 months of a restart decision and favourable market conditions, the company said. Western Australia-based Paladin began the two-stream PFS in March. The …