2018, September, 21, 09:55:00RIO TINTO BUYBACK: $3.2 BLN
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.
2018, September, 17, 14:55:00SEVEN NUCLEAR FACTORS
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.
2018, September, 17, 14:50:00U.S. & BRITAIN NUCLEAR RESEARCH
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.
2018, September, 13, 14:00:00NUCLEAR POWER NEEDS INVESTMENT
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.
2018, September, 12, 12:05:00RUSSIAN LNG FOR JAPAN
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.
2018, September, 12, 11:40:00FRANCE'S URANIUM: 60,000 TONNES
REUTERS - State-owned Orano’s new plant in Tricastin, southern France, will account for a quarter of the world’s 60,000-tonne annual uranium hexafluoride (UF6) production capacity when it fully ramps up in 2021 and is set to have the industry’s lowest costs, the company said.
2018, September, 12, 11:35:00OIL PRICES 2018-19: $73-$74
U.S. EIA - EIA expects Brent spot prices will average $73/b in 2018 and $74/b in 2019. EIA expects West Texas Intermediate (WTI) crude oil prices will average about $6/b lower than Brent prices in 2018 and in 2019. NYMEX WTI futures and options contract values for December 2018 delivery that traded during the five-day period ending September 6, 2018, suggest a range of $56/b to $85/b encompasses the market expectation for December WTI prices at the 95% confidence level.
2018, September, 10, 12:20:00ELECTRICITY & NUCLEAR OPPORTUNITIES
WNN - The electrification of transport could potentially offer many opportunities for nuclear generation, Brandon Munro told the World Nuclear Association Symposium 2018 in London.
2018, September, 10, 12:15:00WESTINGHOUSE NEED INNOVATION
WNN - Westinghouse Electric Company is starting the next phase in its long history with one key message: The nuclear industry, which has always provided safe, clean and reliable energy, needs innovation now more than ever before.
2018, September, 3, 14:50:00JAPAN'S NUCLEAR UP
REUTERS - Japan’s consumption of liquefied natural gas (LNG) is set to fall as the country’s nuclear reactors restart, with output from atomic power set for its highest since the aftermath of the Fukushima disaster.
2018, September, 3, 14:45:00SAUDI ARABIA'S NUCLEAR
IAEA - "The vision of Saudi Arabia 2030 considers nuclear energy as an important source to support stability and sustainable growth,” he said. “Deployment of nuclear energy aims for peaceful purposes, in a safe, secure and sustainable manner consistent with highest standards and best practices. The Kingdom of Saudi Arabia has requested the INIR mission to support this goal. It was a valuable tool to pinpoint areas of improvement and ensure that the required infrastructures are in place before signing the contract for building the first nuclear power plant in the Kingdom of Saudi Arabia.”
2018, September, 3, 14:40:00INDONESIA - CHINA NUCLEAR COOPERATION
WNN - Indonesia's National Atomic Energy Agency (Batan) has signed an agreement with China's Tsinghua University to cooperate on human resources capacity building.
2018, August, 29, 10:25:00RUSSIA - INDIA NUCLEAR LOCALISATION
ET - Russia will work with India for localisation of equipment for nuclear power plants: Andrey Shevlyakov, CEO, Rosatom South Asia
2018, August, 29, 10:10:00SOUTH AFRICA NUCLEAR STATIC
WNN - A draft updated Integrated Resource Plan (IRP) approved by South Africa's cabinet on 22 August sees the country's nuclear capacity remaining at its current 1830 MWe over the period to 2030. Energy Minister Jeff Radebe yesterday released the plan for public comment.
2018, August, 22, 12:50:00INDIA'S NUCLEAR: EXCEPTIONAL
WNN - Notable nuclear power sector achievements included the longest operating run for the Kaiga 1 pressurised heavy water reactor (PHWR), which has now achieved over 826 days of continuous operation taking it to third in the world, he said. Basu also highlighted the start of excavations and equipment ordering for two 700 MWe PHWRs at Gorakhpur; the signature in March 2018 with EDF of the Industrial Way Forward agreement for the establishment of six EPR units in Jaitapur; and the tripartite agreement between Bangladesh, India, and Russia for the establishment of Bangladesh's Rooppur nuclear power plant, for which India is also providing technical support.