The new group, Sustainable Energy Group (SEG), will combine Energy & Resources (E&R) and Power & Renewables (P&R) groups and have about $18 billion in assets.

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $71.1 billion in February, up $3.3 billion from $67.8 billion in January, revised.

U.S. commercial crude oil inventories decreased by 3.5 million barrels to 498.3 million barrels.

Iran met in Vienna with the remaining signatories of the deal – the EU, UK, France, Russia, China and Germany. While the US was also in Vienna, it did not participate directly in those talks but met separately with the deal signatories in a different part of the city.

The Xe-100 is an 80 MWe (scalable to a 320 MWe four-pack) high-temperature gas cooled reactor which uses TRISO (tristructural isotropic) particle fuel.

Iranian crude production has risen in recent months, hitting 2.14 million b/d in February, a 190,000 b/d increase from a 33-year low of 1.95 million b/d in August.

The United Arab Emirates and the US announced their joint commitment to tackle the climate challenge in a joint statement that stresses the importance and urgency of raising global climate ambition.

Total nonfarm payroll employment rose by 916,000 in March, and the unemployment rate edged down to 6.0 percent,

The United States now has a vision for a fusion pilot plant with design commencing soon.

Between 2035-2050, SMRs could reduce greenhouse gas emissions by 216 megatonnes (Mt) in the heavy industrial sector. Canadian emissions from this sector are currently about 700 Mt per year.

U.S. Rig Count is up 13 from last week at 430, Canada Rig Count is down 12 from last week to 69

The plan proposes $100 billion in spending on upgrading and building out the nation's aging and regionally siloed electric transmission system. Various studies have estimated the U.S. will need to double or even triple its electric transmission capacity to successfully decarbonize its economy by midcentury.

Bruce Power has committed to achieving net-zero greenhouse gas emissions from its site operations by 2027, building on its previously announced NZ-2050 plan. The company says it is the first nuclear operator in North America to announce such an ambitious commitment.

U.S. commercial crude oil inventories decreased by 0.9 million barrels to 501.8 million barrels.

As part of the new initiative which spans multiple government agencies, the Departments of the Interior, Energy and Commerce committed to a shared goal of generating 30 gigawatts of offshore wind in the US by 2030.