Latest Exclusives
Orano SA Loses Control of Uranium Mine in Niger Despite Majority Stake
Loss of Operational Control: Orano has lost control of its SOMAÏR uranium mine in Niger, with the Nigerien government taking over amid increasing pressure on foreign investors following a military coup. Governance and Licensing Challenges: Orano's board decisions are...
Fusion’s Revolutionary Potential
Fusion as the Ultimate Clean Energy Source: Fusion energy, which combines hydrogen atoms at extreme temperatures to produce immense power with minimal radioactive waste, holds transformative potential as a sustainable alternative to fossil fuels, promising a clean and...
China’s dominant drone industry is a step ahead of US Drone Regulations
Legislative Actions and Industry Maneuvers: U.S. legislation aims to ban Chinese-made drones, but Chinese manufacturers like DJI are partnering with U.S. companies to maintain market access. Despite these efforts, seven states have already banned Chinese drones for...
U.S. support for nuclear energy at record high
Public Support for Nuclear Energy: A record-high 77% of respondents favor nuclear energy, with 88% supporting license renewals for plants meeting safety standards and 71% in favor of building more plants, reflecting a significant shift in opinion over the past four...
History! Vermont Leads Fight Against Climate Change
Vermont Leads Climate Action: Despite its small size, Vermont becomes the first state to hold major fossil fuel emitters accountable for climate change with a new Climate Superfund Cost Recovery Program. Fossil Fuel Impact: Fossil fuels are the primary contributors to...
Uranium Energy Corp. UEC Q3 Earnings Fall Short of Analyst Expectations
Uranium Energy (UEC) reported an unexpected EPS of minus 5 cents per share for Q3 2024, missing the anticipated 1 cent per share, leading to a decline in stock price. Despite no revenue and gross profit for the quarter, UEC's cash and cash equivalents nearly doubled,...
IEA Crude Oil Forecast Make Waves in The Energy Sector
The IEA forecasts that global oil demand will peak in 2029 and then decline due to advances in clean energy technologies and shifts in economic patterns, particularly in China. Citi analysts predict a significant drop in oil prices by 2025 due to a market surplus,...
Citigroup Study Reports U.S. Nuclear Expansion to Triple Nuclear Capacity by 2050
The U.S. aims to triple its nuclear capacity by 2050, supported by new technologies and government advocacy, amid global shifts towards clean energy and changing military strategies. The current U.S. nuclear fleet consists of 95 reactors, many over 40 years old, with...
Berkshire Hathaway, Brookfield, and Alterra Lead A Surge in Energy Investments
Brookfield Asset Management (BAM) has launched a $5 billion catalytic transition fund (CTF) for clean energy in emerging economies, with $1 billion already committed by UAE-based Alterra. Alterra, the world's largest private clean energy investment vehicle, aims to...
Nuclear Down Under: Shift in Australia’s feelings towards Nuclear
The Lowy Institute's recent poll in Australia reintroduced questions on public sentiment towards nuclear energy, revealing over half of respondents support or partially support its integration into Australia's energy landscape. This shift in attitude signifies a...
More More More! Japan’s Return to Nuclear Power Consumption
Japan faced a triple disaster in 2011 with an earthquake, tsunami, and Fukushima nuclear meltdown, leading to a reduction of nuclear energy due to public fears. Rising fossil fuel prices and climate commitments are pushing Japan to reconsider nuclear power, with...