nuclear – Oil & Gas 360

Oklo enters strategic collaborations with Hexium and TerraPower to launch new pathway for domestic HALEU enrichment

June 25, 2025

(Oil & Gas 360) – Publisher’s Note: Oklo will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown, August 17-20, 2025. Register to attend. 06/25/2025 The next-generation collaboration will leverage advanced laser enrichment technology to build a scalable U.S. nuclear fuel supply for advanced reactors SANTA CLARA, Calif.–(BUSINESS WIRE)– Oklo (NYSE: OKLO), an advanced nuclear technology company, today announced strategic collaborations with Hexium, a pioneering isotope

Trump fires nuclear chief in energy deregulation shakeup

June 16, 2025

(Oil Price) – In a dramatic escalation with sweeping implications for the U.S. nuclear industry, President Donald Trump has removed Nuclear Regulatory Commission (NRC) Chairman Christopher Hanson, opening up a big vacancy at the top for a candidate with softer regulatory inclinations. The NRC, which oversees the operation of America’s 94 commercial nuclear reactors and regulates new designs such as small

EU will need $280 billion investment to boost nuclear energy

June 13, 2025

(Oil Price) – The plans of many EU countries to boost nuclear power capacities will need an investment of as much as $278 billion (241 billion euros), according to estimates by the European Commission. Many EU countries have drafted plans to increase nuclear power capacity or even return to nuclear energy after decades of no nuclear generation, as they look to

Oil slips from recent highs as market ponders Middle East tensions

June 12, 2025

(Investing) – LONDON -Oil prices fell on Thursday after sharp gains in the previous session as market participants assessed a U.S. decision to move personnel from the Middle East ahead of talks with Iran over that country’s nuclear-related activity. Brent crude futures were down $1.02, or 1.5%, at $68.75 a barrel at 1253 GMT, while U.S. West Texas Intermediate crude fell $1.05,

IEA sees 2025 energy investment hitting $3.3 trillion

June 5, 2025

(Oil Price) – Energy investments this year are set to hit $3.3 trillion on the back of a strong increase in spending on things such as wind and solar, the International Energy Agency has forecast. In its latest World Energy Investment report, the agency also said that China will cement its position as the top energy investor globally this year. The IEA noted

The AI boom runs on oil, gas, and nuclear power

April 30, 2025

(Oil Price) – Amazon (NASDAQ:AMZN) and Nvidia (NASDAQ:NVDA) have said that all options, including oil and gas, are on the table as tech giants continue to grapple with surging power demand by AI workloads. Energy and tech executives have gathered at the Hamm Institute for American Energy in Oklahoma City to discuss how the U.S. can meet the growing energy needs for AI data centers.

US energy secretary says we can stop Iran’s oil exports

April 11, 2025

(Investing) – ABU DHABI – U.S. Energy Secretary Chris Wright said on Friday that the United States could stop Iran’s oil exports as part of President Donald Trump’s plan to pressure Tehran over its nuclear programme. The January return to the White House of Trump, who in his first term withdrew the U.S. from a 2015 nuclear accord with Tehran

U.S. energy dominance: A decade in the making

February 4, 2025

(Oil Price) – President Donald Trump campaigned on the promise of “unleashing U.S. energy dominance,” but the reality is that the United States has already achieved this goal. Over the past decade, the U.S. has cemented its position as a global energy leader, excelling in production, innovation, and influence. Here’s a closer look at the evidence behind America’s energy dominance. Oil

Big tech’s nuclear gamble could change the course of the energy transition

October 25, 2024

(Oil Price) – Microsoft recently struck a deal to restart of the Three Mile Island nuclear power plant. Google partnered with small modular reactor developer Kairos to build 500MW of generation capacity. Amazon bought stock in another SMR developer, X-energy. Big Oil loves nuclear. This could change the course of the energy transition. Until quite recently, Big Tech was fully dedicated to the energy transition

US opens applications for $900 million for small nuclear reactors

October 16, 2024

(Reuters) – The U.S. on Wednesday opened applications for up to $900 million in funding to support the initial domestic deployment of small modular reactor nuclear technology. President Joe Biden’s administration believes nuclear power is critical in the fight against climate change because it generates electricity virtually free from emissions, and that U.S. nuclear power capacity must triple to meet

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