Category: Nuclear

Kerry: still confident U.S. can conclude Iran nuclear deal

Secretary of State John Kerry said the challenge of finishing the negotiations with Iran over the next 2½ months would loom large over the G-7 meeting.  More »

Allowing Iran’s oil back onto markets could cost Russia $27 billion

A deal with world powers over Iran’s nuclear program has the potential to shift the balance of power in the Middle East as Iran competes against Saudi Arabia, a U.S. ally.  More »

Iran’s supreme leader refrains from endorsing nuclear deal

In his first public comments addressing the April 2 pact was outlined in Lausanne, Switzerland, Khamenei said on Thursday he was “neither for it, nor against it,” according to a report by the official Islamic Republic News Agency.  More »

EIA: Lifting Iran sanctions could send oil prices down as much as $15

The high end of the Energy Information Administration’s prediction would bring 2016 Brent crude from $75 per barrel to about $60 per barrel, or just a few dollars above Tuesday’s ending price of $59.10.  More »

Energy secretary calls Iran nuke deal a “forever agreement”

Under the agreement, Energy Secretary Ernest Moniz said all plutonium created as a byproduct of Iran’s nuclear power production would be sent out of the country so it couldn’t be used to make weapons.  More »

Oil extends losses after Iran, world powers agree outline deal

Oil extended losses after Iran and world powers said they reached an outline accord that keeps them on track to end a decade-long nuclear dispute.  More »

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 »
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