Nuclear energy must be included in a delegated act of the European taxonomy, 18 trade unions in the energy sector from 10 European Union countries have told Ursula von der Leyen, president of the European Commission (EC). In a joint letter, the unions called for "a dialogue with the purpose of nuclear energy to play its full potential and build an economically efficient and socially just carbon-free Europe by 2050".
read more... 28/07/2021
A group of five EU member states led by Germany have sent a letter to the European Commission asking for nuclear energy to be kept out of the EU’s green finance taxonomy.
read more... 05/07/2021
Crude oil futures soared on Monday amid inconclusive nuclear talks between world powers and Iran - which has elected a new hardline president - allaying prospects for a swift revival of the Islamic Republic’s crude exports. Hence, Brent crude increased by 1.9% to settle at $74.90 a barrel. Meanwhile, U.S. WTI crude surged by 2.8% to end at $73.66 a barrel.
read more... 22/06/2021
Canadian company General Fusion is to build and operate a plant to demonstrate its nuclear fusion technology at UKAEA's Culham Campus near Oxford in the UK. The Fusion Demonstration Plant (FDP) will pave the way for a commercial pilot plant using Magnetised Target Fusion (MTF) technology and is expected to begin operations in 2025.
read more... 18/06/2021
Oil prices continued the steady upturn to settle at multi-year highs on Tuesday after the U.S. asserted that the return of the Iranian crude supply would not happen soon even if the United States were to reach a nuclear deal with Iran. The visible global recovery following the coronavirus, with lockdown restrictions loosened in most countries, added to the upside. Hence, Brent crude increased by 15 to settle at $ 72.22 a barrel. U.S. WTI crude rose by 1.2% to $70.05 a barrel.
read more... 09/06/2021