WNN - Nuclear Energy Institute president and CEO Maria Korsnick said the bill's passage in the Senate was a "welcome and timely reminder" of the bipartisan support for innovative technologies in the US Congress. "Its provisions, once enacted into law, will go a long way to ensure the United States remains at the forefront of civilian nuclear capability," she said.
U.S. BLS - Total nonfarm payroll employment increased by 313,000 in February, and the unemployment rate was unchanged at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment rose in construction, retail trade, professional and business services, manufacturing, financial activities, and mining.
PLATTS - New York Governor Andrew Cuomo Friday announced that 26 large-scale renewable energy projects were selected to help the state meet its clean energy goals, and he pushed back against the Trump administration's offshore oil and gas drilling plans.
ROSNEFT - Essar Oil Limited (EOL) owned by the Consortium of International Investors led by Rosneft, since March 2017 to date has expanded the retail network Essar-branded fuel stations by 20% reaching 4,200.
BAKER HUGHES A GE - U.S. Rig Count is up 3 rigs from last week to 984, with oil rigs down 4 to 796, gas rigs up 7 to 188. Canada Rig Count is down 29 rigs from last week to 273, with oil rigs down 15 to 196 and gas rigs down 14 to 77.
EIA - Exports grew to 1.1 million barrels per day (b/d) in 2017, or 527,000 b/d (89%) more than exports in 2016, in the second full year of unrestricted U.S. crude oil exports. This is the largest single year-over-year increase of a petroleum (crude oil and petroleum products) export since 1920.
EXXONMOBIL - Aggressive Growth Plans to More than Double Earnings - Earnings and cash flow from operations projected to approximately double by 2025 - Strongest investment opportunities in two decades to drive results, improve returns - Profitable production growth with low-cost-of-supply tight oil, liquefied natural gas and deepwater
WNN - China will "steadily promote" the development of nuclear power this year, according to a plan released by the country's National Energy Administration (NEA). The plan calls for five new nuclear power reactors to be brought online in 2018 and construction to be started on a further six to eight units.
WNN - India is planning a tenfold increase in uranium production over the next 15 years, Minister of State Jitendra Singh told the country's parliament yesterday. State company Uranium Corporation of India Ltd (UCIL) has outlined expansion plans to meet the Department of Atomic Energy's (DAE) vision of achieving self-sufficiency in uranium production.
WNN - Russian Foreign Minister Sergey Lavrov is this week discussing the prospect of closer economic and political ties, including nuclear energy projects, in a number of African countries. Lavrov has so far visited Angola, Namibia, Mozambique and Zimbabwe, and will complete his trip to the region in Ethiopia.