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UK Has GBP10B Chance To Recycle Spent Nuclear Fuel

UK Has GBP10B Chance To Recycle Spent Nuclear Fuel

The U.K. has an economic opportunity of up to GBP10 billion in converting its legacy stockpiles of spent nuclear fuel into fuel for use in new nuclear reactors, generating jobs and revenues while reducing the waste disposal costs to the taxpayer, a report from the Smith School of Enterprise and the Environment said Tuesday.

Areva: Fukushima Wont Affect Global New Nuclear Build

Areva: Fukushima Won't Affect Global New Nuclear Build

New builds of nuclear reactors around the world may be delayed to integrate amended safety standards due to the Fukushima accident, but "there is no question outside of Japan to cancel new build programs or stop current constructions," French state-controlled nuclear engineering firm Areva SA (CEI.FR) believes, according to an internal document read by Dow Jones Newswires Tuesday.

Iraq, Shell Resolve Last Obstacle To $12 Bln Gas Deal

Iraq, Shell Resolve Last Obstacle To $12 Bln Gas Deal

The Iraqi Oil Ministry and Royal Dutch Shell PLC (RDSB) have resolved the last obstacle that was preventing them from signing a long-awaited $12 billion joint-venture deal, a senior Iraqi oil official said Tuesday.

India To Strengthen Nuclear Regulatory Body, Boost Transparency - PM

India To Strengthen Nuclear Regulatory Body, Boost Transparency - PM

India will strengthen the Atomic Energy Regulatory Board in to a more autonomous and independent body and boost accountability and transparency in the functioning of the country's nuclear power plants, Prime Minister Manmohan Singh said Tuesday.

Obama To Outline Energy Security Plan Wednesday

Obama To Outline Energy Security Plan Wednesday

President Barack Obama on Wednesday will outline his plan for America's energy security, a move that comes as political unrest in the oil-rich Middle East has driven gas prices upward.

Areva: Tepco Asked EDF, Areva, French Nuclear Agency For Support

Areva: Tepco Asked EDF, Areva, French Nuclear Agency For Support

French state-owned nuclear giant Areva SA (CEI.FR) Monday said it has received a request for support from Japanese operator Tokyo Electric Power Co. (9501.TO) which has been battling to avoid radiation leaks at its earthquake- and tsunami-hit Fukushima Daiichi plant for over two weeks.

Peak Oil Could Come By 2020 Amid Political Forces

Peak Oil Could Come By 2020 Amid Political Forces

Peak oil may be coming as soon as 2020, but it won't be driven by a lack of oil in the ground, said Suncor (SU) CEO Rick George at a forum on the future of energy at the Inter-American Development Bank meeting in Calgary. "I always think of this peak oil theory as more politically driven than it is physically driven."

EU Energy Chief: Nabucco, South Stream Pipelines Dont Compete

EU Energy Chief: Nabucco, South Stream Pipelines Don't Compete

The European Union's energy commissioner Guenther Oettinger Monday reiterated that the Nabucco and South Stream natural gas pipelines are not competing with each other, adding that the EU could politically support the latter Russian-backed project.

EU Extends Asset Freeze On Libya Oil Firms

EU Extends Asset Freeze On Libya Oil Firms

The European Union extended its asset freeze on some Libyan energy companies, aligning its sanctions to those agreed by the United Nations Security Council last week and clarifying doubts about the inclusion of certain firms, its Official Journal showed Thursday.