Facing Facts on the PRC’s Environmental Realities and How the U.S. Can Lead in Energy Dominance and Environmental Progress
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HD Hyundai, TerraPower team up to strengthen SMR supply chain
HD Hyundai and TerraPower have joined hands to bolster the global manufacturing supply chain for the latter’s Natrium reactors and accelerate the commercialization of advanced nuclear power technology, the two companies announced Wednesday. According to the announcement, the collaboration will combine HD Hyundai Heavy Industries’ manufacturing expertise with TerraPower’s reactor technology and increase supply chain...
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Amazon and Google support tripling of global nuclear power by 2050
Amazon and Google have pledged to back the objective of a three-fold minimum increase in global nuclear energy capacity by 2050. Shale company Occidental and Japanese heavy equipment manufacturer IHI have also pledged their support, as reported by Reuters. The World Nuclear Association (WNA), the organisation that facilitated the pledge, anticipates additional backing in the coming...
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bp to divest 50% stake in Lightsource bp to strategic partner
Bp is seeking to sell a 50% stake in its solar unit, Lightsource bp, to a strategic partner, aiming for cash and future investment commitments. The move is part of bp’s broader strategy to address investor concerns, reduce costs and boost returns on investments, as reported by Reuters. bp has faced pressure from investors such as...
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Trump blocks rule to implement methane fee for oil and gas companies
President Trump on Friday signed a resolution to block the implementation of a fee on oil and gas companies’ excess methane emissions. The resolution blocked the Environmental Protection Agency’s 2024 rule that implemented the fee program, which was established in the Democrats’ 2022 climate, tax and health care bill. Read more in The Hill here.
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Oil Titans Uneasy Over Tariffs and Crude Prices Meet With Trump
The chief executives of more than a dozen oil companies will deliver a message of gratitude — as well as caution — when they meet with President Donald Trump on Wednesday. Industry leaders say they have plenty of reasons to give thanks. Trump is an unabashed champion of US oil and gas production who has vowed to...
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Trump Approves LNG Exports From Venture Global’s CP2 Project
President Donald Trump’s administration has granted Venture Global LNG Inc. conditional approval to export natural gas from a planned facility in Louisiana that had stalled under former President Joe Biden. Energy Secretary Chris Wright authorized the exports from the company’s CP2 project on Wednesday, saying in a statement the measure was critical to restoring US energy dominance. “The benefits of expanding...
