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Major banks pledge support for nuclear energy: Fourteen global financial institutions, including Bank of America, Barclays, and Goldman Sachs, have committed to supporting nuclear energy, aiming to triple global nuclear capacity by 2050 as part of climate...
International Atomic Energy Agency (IAEA) director Rafael Mariano Grossi released an apprehensive general statement on August 26th, 2024 regarding the security of the Kursk Nuclear Power Plant (KNPP) amid Russian-Ukrainian conflicts. Military tensions between...
In 2024, U.S. crude oil production hit a record 13.4 million barrels per day, driven by advancements in fracking and horizontal drilling, positioning the U.S. as the world's largest oil producer, ahead of Saudi Arabia and Russia. Despite the push for renewable energy...
Energy Fuels plans a substantial uranium production resurgence, targeting a run-rate of 1.1 to 1.4 million pounds per year by mid- to late-2024, driven by strengthened market conditions, governmental support for nuclear energy, and a focus on reducing reliance on...
Strategic Energy Transition: Germany's €7.5 billion investment in Siemens Energy, part of a larger €15 billion rescue plan, is a strategic initiative aimed at securing a key player in the global energy sector. This move is in line with Germany's broader energy...