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Newcleo submits SMR design for UK assessment

France-headquartered innovative reactor developer Newcleo has submitted an application to the UK Department of Energy Security and Net Zero for approval to enter the Generic Design Assessment for its LFR-AS-200 small modular lead-cooled fast reactor.

read more... 03/12/2024

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OPEC+ Prepares for Three-Month Extension of Cuts

OPEC+ is discussing an extension of its production cuts until the end of the first quarter of 2025, Reuters has reported, citing unnamed sources from the group.

read more... 03/12/2024

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Daily (02.12.2024): Oil prices fell on Friday, pressured by the delay of the OPEC+ semi-annual meeting

Oil prices declined on Friday, weighed down by the postponement of the OPEC+ semi-annual meeting, signalling potential internal disagreements. Brent crude settled 0.5% lower at $72.94 per barrel, while WTI crude ended the day at $68 per barrel,with a drop of 1.6%.

read more... 02/12/2024

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France cuts EV subsidies amid budget crunch

France will sharply reduce subsidies for electric-car purchases in the coming days, with a new scale ranging from 2,000 to 4,000 euros based on income, down from the previous range of 4,000 to 7,000 euros, a government source said on Thursday.

read more... 02/12/2024

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Go-ahead for expansion of Swedish repository

Svensk Kärnbränslehantering AB can begin excavation works to extend the existing SFR final repository for low and intermediate-level waste at Forsmark following the approval of its safety report by Sweden's Radiation Safety Authority.

read more... 02/12/2024

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