Republican and Democratic U.S. senators introduced legislation on Thursday to impose stiff new sanctions on Russia, the latest effort by lawmakers to punish Moscow over interference in U.S. elections and its activities in Syria and Ukraine. The bill includes restrictions on new Russian sovereign debt transactions, energy and oil projects and Russian uranium imports, and …
French nuclear and hydro output continued to rebound in July from record-lows in 2017 helping to boost the French power surplus despite heat wave conditions, data by grid operator RTE aggregated by S&P Global Platts Analytics show. Nuclear output in July was up 2.8% on year at 28.9 TWh with output so far this year …
Highlights: Paladin announces an off-market takeover offer for the shares in Summit it does not presently own Consideration of one (1) new Paladin share for every one (1) Summit share held Paladin currently holds 82.08% of the ordinary shares in Summit If successful, Offer would result in approximately 39.1M new Paladin shares being issued to …
The development of renewable energy, nuclear power and, to a smaller extent, oil shale is key to cutting energy and subsidy bills and meeting growing power demand. A major challenge facing Jordan in the coming months and years is reducing the country’s energy and subsidy bills while allaying public concerns over rising electricity costs. In …
An International Atomic Energy Agency (IAEA) team of experts has concluded a twelve-day mission to the Kingdom of Saudi Arabia to review its development of infrastructure for a nuclear power programme. The Integrated Nuclear Infrastructure Review (INIR), which ended on 24 July, was carried out at the invitation of the Government of Saudi Arabia. Saudi …
The Ontario Chamber of Commerce has issued a position paper urging Ontario’s new Minister of Energy, Northern Development and Mines Greg Rickford to continue the government’s support for nuclear power. The report, titled Blueprint for Making Ontario Open for Business, suggested the new Ontario government should leverage Ontario’s nuclear sector, “which gives the province key …
As a young adult fishing on Guntersville Lake in Northeast Alabama, U.S. Rep. Mo Brooks, R-Ala., recalls the thousands of workers employed building the Bellefonte Nuclear Power Plant and its giant twin cooling towers that tower over the lakefront skyline. Most of those workers left when construction was halted three decades ago when the Tennessee …
South Korea’s Korea Electric Power Corp (KEPCO) (015760.KS) has lost its preferred bidder status to buy Toshiba’s (6502.T) NuGen nuclear project in Britain as Toshiba looks at other alternatives, the Japanese company said on Tuesday. The project in Moorside, northwest England, was expected to provide around 7 percent of Britain’s electricity when built, but has …
EXCLUSIVE TO SIGHTLINE U3O8 – This month’s UComparables edition will focus on the Uranium Explorers’ ability to be project generators and de-risk exploration by accessing capital from partners to fund the high-risk and expensive drilling phases of exploration. A project generator (“PG”) is defined as a company that acquires and maintains a portfolio of multiple …
Nuclear power will be essential for meeting the UK’s greenhouse gas targets, concluded a new report by Imperial energy experts. The energy sector is one of the biggest culprits for greenhouse gas emissions in the UK due to its historical reliance on burning fossil fuels. Many experts believe that combining new, lower-cost renewable technologies with …