PLATTS - The two leaders, who met during a state visit to India by Putin, said in a statement that companies should "consider a wide range of opportunities for cooperation, including long-term contracts, joint ventures and acquisitions of energy assets in both countries, as well as possible cooperation in third countries".
REUTERS - The United States on Thursday charged seven Russian intelligence officers with conspiring to hack computers and steal data from the nuclear energy company Westinghouse Electric Co as well as anti-doping watchdogs, sporting federations and an international agency probing the use of chemical weapons.
U.S. EIA - During 2017, owners and operators of U.S. nuclear power plants purchased 40 million pounds of uranium from foreign suppliers. Canada, Australia, Russia, Kazakhstan, and Uzbekistan represented the top five countries of origin and together accounted for 84% of total U.S. uranium purchases in 2017.
IAEA - The Agency’s verification activities in Iran are being carried out based on the Comprehensive Safeguards Agreement (CSA) concluded with Iran and the Additional Protocol, that Iran is provisionally implementing. In addition, the Agency is also carrying out verification and monitoring of Iran’s nuclear-related commitments under the Joint Comprehensive Plan of Action (JCPOA).
THE GUARDIAN - Backers of mini nuclear power stations have asked for billions of pounds of taxpayers’ money to build their first UK projects, according to an official document.
REW-2018 - Russian President Vladimir Putin will take part in the plenary session ‘Sustainable Energy for a Changing World’ during the Russian Energy Week International Forum.
PLATTS - Limited supply-side flexibility in the gas market, a shortfall in Belgian nuclear and Nordic hydro in the power sector and a bullish wider energy complex have pushed gas, power and carbon prices to record highs, improving coal-fired generation spreads in the process.
ET - India and Russia are expected to conclude an ‘action plan’ for expanding civil nuclear energy partnership during their annual summit here on October 5.
OPEC - Total primary energy demand is expected to increase by 91 mboe/d between 2015 and 2040 to reach 365 mboe/d in 2040
API - “Placing constraints on exports of American-made energy works against America’s energy future,” said API Chief Economist Dean Foreman. “While the picture is still a bit muddied, it seems to be getting clearer – the trade war appears to be limiting the United States’ access to crude export markets. As we produce more energy here at home, the U.S. needs markets for its products in order for our economy to continue to grow. There’s no question that the 1.6 MBD increase U.S. petroleum net imports, which undid a full year’s worth progress, is a setback to the United States’ goal of energy dominance.”
RIO TINTO - The proceeds will be returned through a $3.2 billion share buy-back programme (the “Programme”), combining an off-market buy-back tender targeting up to 41.2 million Rio Tinto Limited shares (approximately A$2.7 billion ($1.9 billion )) and further on-market purchases of Rio Tinto plc shares. The Programme is subject to market conditions and compliance with all applicable laws and regulations.
WNN - The future of nuclear energy depends on the industry’s readiness to address the seven factors influencing its prospects, the deputy director general of the International Atomic Energy Agency (IAEA) told delegates at the World Nuclear Association Symposium 2018 held in London last week.
WNN - The UK's National Nuclear Laboratory (NNL) and the US Department of Energy's Oak Ridge National Laboratory (ORNL) have agreed to cooperate on nuclear energy research. The announcement came as the UK and USA signed a nuclear R&D action plan.
IAEA - Overall, the new projections suggest that nuclear power may struggle to maintain its current place in the world’s energy mix. In the low case to 2030, the projections show nuclear electricity generating capacity falling by more than 10% from a net installed capacity of 392 gigawatts (electrical) (GW(e)) at the end of 2017. In the high case, generating capacity increases 30% to 511 GW(e), a drop of 45 GW(e) from last year’s projection. Longer term, generating capacity declines to 2040 in the low case before rebounding to 2030 levels by mid-century, when nuclear is seen providing 2.8% of global generating capacity compared with 5.7% today.
PLATTS - Putin said the LNG sector in particular was a key focus area for future cooperation, noting that Japanese companies may take part in the planned expansion of Sakhalin 2, Arctic LNG 2 and Baltic LNG projects as well as an LNG transshipment facility in Kamchatka.