Latest Exclusives
Kazakhstan Plans to Build First Nuclear Power Plant
Kazakhstan's Nuclear Power Plans: Kazakhstan, the world's largest uranium producer, is planning to build its first nuclear power plant because of ongoing energy shortages. The Kazakh Energy Minister led a delegation to France to discuss collaboration with major...
Orano Signs Contract to Produce MOX Fuel for Japanese Nuclear Reactors
MOX Fuel Contracts: Orano signed two contracts with Mitsubishi Heavy Industries (MHI) to produce 64 MOX fuel assemblies for Japanese nuclear reactors, with 40 assemblies for the Genkai plant and 24 for the Ikata plant. Recycling and Sustainability: MOX fuel, a mix of...
Energy Sector Update
Occidental and Berkshire Hathaway Joint Venture: Occidental Petroleum and Berkshire Hathaway have formed a joint venture to market and sell lithium for EV batteries, highlighting Occidental's expansion in renewable energy. Competition in the Lithium Market: Occidental...
Rising Temps and Rising Tempers: UN Chief Looking to Tax Fossil Fuel Companies to Fund the Fight against Global Warming
On June 5, 2024, U.N. Secretary General António Guterres, announced calling for a “windfall” tax on fossil fuel companies to use said tax dollars to help fight the climate crisis. He calls these companies the "godfathers of climate chaos." In light of international...
Can Investors Benefit from Renewable Energy Alternatives Despite Inflationary Pressures?
High interest rates to combat inflation have led to declines in stock performance, particularly affecting the renewable energy sector due to higher borrowing costs. Renewable energy projects face financial challenges despite legislative support, with high...
NATO Embraces Nuclear: Last Energy’s Modular Reactors Set to Transform Military Bases
Historic Partnership: Last Energy and the NATO Energy Security Centre of Excellence (ENSEC COE) have signed the first-ever agreement between ENSEC COE and a nuclear energy company, focusing on microreactor applications for NATO military bases and installations. Joint...
Apple and OpenAI Team Up: ChatGPT to Revolutionize iPhones
Apple and OpenAI Collaboration Announcement: Apple and OpenAI are poised to unveil a significant collaboration at the Worldwide Developers Conference, integrating ChatGPT into iPhones, signaling a major technological advancement. - Strategic Alliance: Led by OpenAI...
Preserving Power: Closed Nuclear Power Plants May Reopen to Help Eliminate Emissions
Nuclear Plant Closures and Reopenings: Since 2013, numerous U.S. nuclear plants have shut down due to competition from natural gas and rising safety costs, risking increased fossil fuel usage. Efforts are underway to revive retired plants, like the Palisades reactor...
Digital Dilemma: The Controversy Surrounding ‘All Eyes on Rafah
Viral Impact: An AI-generated image depicting a scene resembling a camp in Rafah, Gaza, gained immense popularity, shared by millions on social media, including many celebrities. Origin Story: Created by AI hobbyist Zila Abka, the image sparked controversy when...
Hess Shareholders Greenlight $53B Chevron Merger
Hess Corporation shareholders narrowly approved a $53 billion acquisition by Chevron, which may face challenges from Exxon Mobil over preemptive rights to Hess' interest in Guyana's oil fields; the arbitration could take months to resolve, but Hess and Chevron CEOs...
Update: White House and Vogtle Plant Gain Additional Support
Update from article titled “White House Supports New Nuclear Reactors” Secretary Granholm is pushing more nuclear power plants by 2050 While the idea is in demand, the cost is high. Contractors have no current plans on further construction of additional plants ...
