The EDF version of so-called EPR nuclear reactors may be the first connected to the grid, overthrowing others also manufactured by Areva in Finland and China, according Henri Proglio, chief executive of state-controlled French utility EDF.
read more... 01/08/2014
Canada's Candu Energy declared on Friday it will assist China Nuclear Power Engineering Company (CNPEC) in the construction of two nuclear reactors in European Union state Romania if and when the Chinese company comes to a decision to invest there.
read more... 28/07/2014
Bulgaria, one of five EU states that rely entirely on Russia for nuclear fuel, is ready to take a step towards increasing its suppliers when Westinghouse Electric Company purchases a stake in a state-controlled company building new atomic units.
read more... 07/07/2014
Crude oil prices plunged slightly on Tuesday as worries about supply disruptions due to the clashes in Iraq and Ukraine attenuated, whereas oil prices gained some support from optimistic manufacturing data in China. Brent crude dropped by 7 cents to close at $112.29 a barrel, the weakest settlement price since June 12, while U.S. oil declined by 3 cents to end at $105.34 a barrel, also the lowest level since June 12.
read more... 02/07/2014
France's GDF Suez and Japan's Toshiba will proceed with plans to expand Europe's largest nuclear power project in northwest England, after finalizing the transaction, according to their joint venture on Monday.
read more... 01/07/2014