Category: Nuclear

Oil is heading for its longest run of quarterly drops as the deadline for an Iran deal looms

Oil in New York is sliding toward the longest run of quarterly declines since 2003 amid speculation the global surplus that cut prices by almost 50 percent last year will persist.  More »

Nation’s biggest nuclear firm makes a play for green money

Chicago-based Exelon essentially wants to change Illinois state rules for its power market as the nuclear industry competes with historically low prices for natural gas.  More »

Iran is waiting to flood the market with as much as 35 million barrels of crude

If a deal on its nuclear program is reached, the Persian Gulf nation could add its stockpiles into an oversupplied oil market where prices have fallen more than 50 percent since June.  More »

More Iran oil may flow within months of deal, officials say

Both sides are seeking a final deal by the end of June laying out steps that Iran would have to take to limit its ability to enrich uranium and produce plutonium in exchange for phasing out economic sanctions on energy and banking that have cut crude exports, choked cash flow and halted most oil investment.  More »

Iran producing more natural gas from field shared with Qatar

During a ceremony marking inauguration of the expansion project, President Hassan Rouhani claimed the increased gas production proved Western sanctions were ineffective.  More »

Iran nuclear deal must end all sanctions, Rouhani tells rally

Rouhani said on Wednesday that since taking office in 2013 his government had been able to escape a “dead end” in its relations with the outside world  More »

Deal divides billions in closed San Onofre nuclear plant’s costs

At issue has been who should take the financial hit for the early demise of the plant located between Los Angeles and San Diego — company shareholders or customers.  More »

France agrees to buy 20% stake in Alstom

The final obstacle to GE’s $17 billion takeover of Alstom’s power division was overcome Sunday after the French government agreed to terms with the French engineering company’s main shareholder.  More »

Nuclear regulators ‘overwhelmed’ as China races to launch world’s most powerful reactor

China is moving quickly to become the first country to operate the world’s most powerful atomic reactor even as France’s nuclear regulator says communication and cooperation on safety measures with its Chinese counterparts are lacking.  More »

Fee to build phantom nuke waste site ends

Something could be missing from your next electric bill: a fee that electric customers have been paying for 31 years to fund a federal nuclear waste site that doesn’t exist.  More »

Former Energy Secretary James Schlesinger dies

Schlesinger, who died Thursday at the age of 85, built an impressive national-security resume under Republican presidents Richard Nixon and Gerald Ford and served as the nation’s first energy secretary under Democratic President Jimmy Carter during the energy crisis of the late 1970s.  More »

Greenpeace activists occupy French nuclear plant

Police have surrounded a nuclear plant in eastern France after more than 60 Greenpeace activists occupied it Tuesday to protest the nation’s reliance on atomic power.  More »

California vies to replace closed nuke plant power

More than two years after the San Onofre nuclear power plant stopped production, California is looking to fill the gap left in its energy grid by the plant that provided enough electricity for 1.4 million homes.  More »

Energy chief says ‘all of the above’ means nuclear too

As he touted the Obama administration’s “all-of-the-above” energy strategy on Wednesday, Energy Secretary Ernest Moniz put money behind the notion, signing off on $6.5 billion in federal loan guarantees to support construction of the first new U.S. nuclear power plant to be built in three decades.  More »

Energy Department expected to OK nuclear plant loan

The Vogtle nuclear plant is now under construction in eastern Georgia.  More »
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