Sun.Apr 13, 2025

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Radiant Selected by DOE to Receive Fuel for First Kaleidos Reactor Test

POWER Magazine

A company working to mass produce portable nuclear microreactors said its has accepted its selection by the U.S. Dept. of Energy (DOE) to receive high-assay low-enriched uranium (HALEU) fuel for the first test of Kaleidos, the group's reactor design. The post Radiant Selected by DOE to Receive Fuel for First Kaleidos Reactor Test appeared first on POWER Magazine.

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California Nuclear Plant Integrates AI for Efficiency

OilPrice

Californias last remaining nuclear energy plant is using artificial intelligence to make its processes more efficient. So far, AI is only being used for document retrieval, but lawmakers and community watchdogs are worried about increasing automation in a sector associated with massive potential fallout in the case of nuclear meltdown. The Diablo Canyon nuclear facility in San Luis Obispo on Californias central coast has been in decline for years, and is slated to begin decommissioning in 2029.

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Ningxia: 8GW PV cell and 5GW module project started!

EnergyTrend

Ningxia: 8GW PV cell and 5GW module project started! AccordingtoOfficialAmmount@DNE,onApril10th,Futurasun(Yinchuan)TechnologyCo.,Ltd.officiallystartedtheconstructionofthesolarenergyintegrationbaseandlarg.

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Mongolia-China Rail Link Set to Boost Coal Trade

OilPrice

Via Metal Miner Construction work is tentatively due to start on a dual-gauge rail line between China and the Republic of Mongolia. Reports indicate that the rail line will increase coking coal transport by up to 30%. Current estimates say the project will begin in April, with completion scheduled for 2028. Dual-Gauge Rail System to Solve Major Problems Mid-February reports noted that the 240-kilometer, dual-gauge line will run from mines at Tavan Tolgoi in Mongolia to the town of Gashuun Sukha

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Chinese companies sign another overseas PV project order

EnergyTrend

Chinese companies sign another overseas PV project order AccordingtoOfficialAccount@PVTechCN,ontheafternoonofApril10th,localtime,ShanghaiElectricsignedacooperationagreementforthe2GWphotovoltaicprojectinSedav.

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Saudi Arabia, US on ‘pathway’ to civil nuclear agreement, US Energy Secretary says

BOE Report

The United States and Saudi Arabia will sign a preliminary agreement to cooperate over the kingdom’s ambitions to develop a civil nuclear industry, U.S. Energy Secretary Chris Wright told reporters in the Saudi capital Riyadh on Sunday.

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Colombia's New Energy Policy: The Era of Universal Power Generation Officially Begins

EnergyTrend

Colombia's New Energy Policy: The Era of Universal Power Generation Officially Begins AccordingtoOfficialAccount@PV-Dao,theEnergyandGasRegulatoryCommission(CREG)ofColombiarecentlypassedagroundbreakingresolutionformallygrantinglegalstatu.

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1.6GWh Battery Energy Storage System Tender Launched! Multiple Chinese Enterprises Position in Morocco

EnergyTrend

1.6GWh Battery Energy Storage System Tender Launched! Multiple Chinese Enterprises Position in Morocco AccordingtoOfficialAccount@StorageDiscover,accordingtoareportonthewebsiteoftheMinistryofCommerceofChina,toenhanceitsenergystoragecapacity,theelectrici.

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Demand spike, incentives bust, and tariffs: Renewable energy's biggest stress test is here

CNBC: Energy

Companies in solar, wind, and hydrogen are facing subsidy walk backs and tariffs at a time when clean energy providers are essential to the supply equation.

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Grand Sunergy Laizhou 1.25GW HJT Module Production Line Starts Production

EnergyTrend

Grand Sunergy Laizhou 1.25GW HJT Module Production Line Starts Production AccordingtoOfficialAccount@DNE,onthemorningofApril10,thefirstpieceofhigh-efficiencyheterojunctioncomponentsofGrandSunergy(Laizhou)DualCarbonIndustrial.

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Egypt Signals Robust Investment Opportunities in Mining Sector During Meeting with Barrick Gold

Egypt Oil & Gas

Egypts Minister of Petroleum and Mineral Resources, Karim Badawi, met with executives from Barrick Gold, a global leader in mining, to reaffirm Egypts strategic commitment to transforming its mining sector into a key pillar of the national economy. The government is actively working to increase the sectors contribution to GDP from the current 1% to 56%, driven by comprehensive regulatory reforms and close coordination with the Ministries of Finance and Environment.

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1.6GW! A Leading Photovoltaic Company Expands Its Module Factory in the United States

EnergyTrend

1.6GW! A Leading Photovoltaic Company Expands Its Module Factory in the United States AccordingtoOfficialAccount@DNE,onApril9th,accordingtoforeignmediareports,WaareeEnergies,aleadingphotovoltaiccompanyinIndia,announcedthatitplanstoaddan.

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Perma-Pipe Bags $27 Million Contracts in Americas, MENA

Rigzone

Perma-Pipe is cashing on growing demand 'fueled by market growth in data centers, rising investments in pharmaceuticals and industrial sectors, and the expansion of midstream energy projects'.

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Complete Shutdown of Coal-Fired Power,Europe's Solar Market Sees New Changes

EnergyTrend

Complete Shutdown of Coal-Fired PowerEurope's Solar Market Sees New Changes Justrecently,Finlandannouncedasignificantdevelopmentinitsenergysector.OnApril1st,theFinnishgovernmentdeclaredthatFinlandwouldcompletelyceaseusingcoalf.

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MOPCO Generates Record EGP19.65B Revenues, Boosts Ammonia, Urea Exports to Europe

Egypt Oil & Gas

Misr Fertilizers Production Company (MOPCO) demonstrated strong performance in its fiscal year (FY) results of 2024, with revenues reaching EGP19.650 billion and net profits EGP15.120 billionover a 153% increase compared to 2023. MOPCO has also recorded a 7.2% increase in working capital, reaching EGP 12.360 billion. Total investment has increased by 6.5%, amounting to EGP 53.840 billion.

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Goldman Sachs expects oil prices to decline through 2026

BOE Report

Goldman Sachs expects oil prices to decline through the end of this year and next year because of the rising risk of a recession and higher supply from the OPEC+ group.

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Khalda Petroleum Company Makes 3 Oil, Gas Discoveries

Egypt Oil & Gas

Khalda Petroleum Company (Apache) has successfully made three new oil and natural gas discoveries in its concession areas in the Western Desert. These discoveries are set to add approximately 12 million barrels of oil equivalent (mboe) in reserves, with 4 mboe deemed recoverable. The discoveries reflect the Ministry of Petroleum and Mineral Resources ( MoPMR ) commitment to maximizing production rates and encouraging operating companies to increase exploratory drilling activities, highlighting t

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HKN Energy explores Expanded Cooperation with Iraq

Iraq Business News: Oil & Gas

By John Lee. HKN Energy , a US-based oil and energy company, held discussions today with Iraqi Prime Minister Mohammed S. Al-Sudani, as part of efforts to deepen its cooperation in Iraq's energy sector. During the meeting, Prime Minister Al-Sudani reaffirmed the government's commitment to fostering investment-friendly conditions and highlighted the facilitation measures designed to attract international companies to Iraq.

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Badawi Reviews Petroleum, Mining Sector Developments

Egypt Oil & Gas

Minister of Petroleum and Mineral Resources, Karim Badawi, convened a high-level meeting with the Ministrys undersecretaries, heads of holding companies, the Egyptian General Petroleum Corporation (EGPC), and the Egyptian Mineral Resources Authority (EMRA), alongside CEOs from across the petroleum and mineral resources sectors. The meeting is part of a series of periodic reviews to assess the latest developments in sector activities from July 2024 to March 2025 and to outline priorities for the

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US, KRG discuss Reopening Oil Export Pipeline

Iraq Business News: Oil & Gas

By John Lee. The Kurdistan Regional Government (KRG) Prime Minister Masrour Barzani and US Secretary of State Marco Rubio held a telephone conversation on Friday to discuss regional developments and bilateral relations. During the call, Secretary Rubio emphasised the strong partnership between the United States and the Iraqi Kurdistan Region in expanding business opportunities, promoting regional stability and strengthening democracy.

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Agile ITP Planning for Large, Complex Construction Projects

FTQ360

On large, multi-stage construction projects - think multi-tower developments, industrial campuses, or sprawling infrastructure builds, creating a single, all-inclusive Inspection and Test Plan (ITP) at the outset can be unwieldy. You might have months or even years before the final phases begin, and design details could change drastically in that time.

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Iran’s Gas Flow to Industry Climbs 6.89% in 18 Days

Egypt Oil & Gas

The National Iranian Gas Company (NIGC) announced that it delivered a total of 6.49 billion cubic meters (bcm) of natural gas to the industrial sector, including power plants, petrochemical units, steel producers, and cement factories, during the 18-day period from March 20 to April 7. According to Tehran Times , this marks a 6.89% increase compared to the same period last year, reflecting a notable uptick in industrial energy demand and supply capacity.

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Saudi Arabia’s Next Move Could Hit Oil Prices Hard

OilPrice

Last week, eight OPEC+ countries unveiled plans to advance their planned phase-out of voluntary oil output cuts by ramping up output by 411,000 barrels per day in May--equivalent to three monthly increments. The announcement of the accelerated unwinding clip comes at a time when U.S. President Donald Trump announced tariffs on trading partners, deepening the shock to oil markets.

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Aalo Rolls Out 50 MW SMR Non-nuclear Prototype

Energy Central

Aalo Completes Non-Nuclear Prototype of 50 MW SMR DOD Selects Eight Firms to Supply Advanced SMRs for Military Bases DOE to Release HALEU to Five Advanced Reactor Developers Czech Republic And South Korea to Sign Dukovany New-Build Contract UK Prime Minister ‘Ready to Sign Off’ on Sizewell C Nuclear Project Shanghai Fund to Invest $1.4 Billion in State-Backed.

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Oil Outlook Takes a Beating from Trade War Jitters

OilPrice

Crude oil is set to end another week with substantial losses as markets reel from President Trumps tariff offensive, despite the fact he pulled the punch at the last second. With one notable exception: China. As Beijing and Washington take turns to up the ante, the outlook for oil and energy in general has gone from bright to really dim. Brent crude is about to end this week relatively unchanged but down by $6 per barrel from a month ago.

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Doing the tariff two-step

BOE Report

A look at the day ahead in European and global markets from Wayne Cole So the “reciprocal” tariffs are off smartphones and some electronics, but maybe only for a while as they could get their own special tariff once the White House has completed a study of the global supply chain. Or something.

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Oil Market Chaos Continues Amid Trump's Trade War

OilPrice

Volatility continued to reign in oil markets at the start of the week, starting with a decline before bouncing back into the green early on Monday morning. At the time of writing, Brent crude was trading at $64.88 per barrel, with West Texas Intermediate changing hands for $61.63 per barrel. The two benchmarks have shed some $10 each since the start of the month and the tariff wars.

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