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Fortum considers Nordic sites for new nuclear power

Finnish utility Fortum, opens new tab is looking at several potential sites in Finland and Sweden to build nuclear power plants with small or large-scale reactors, it said on Monday.

read more... 23/01/2024

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Sizewell C project to enter construction phase

The Sizewell C nuclear power plant project has been awarded a Development Consent Order (DCO), paving the way for formal construction work to begin at the site in Suffolk, UK.

read more... 16/01/2024

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Poland approves construction of SMR nuclear units at six sites

Poland has given the green light for the construction of 24 new small modular reactor (SMR) units across six sites, executives of the company that will build the nuclear facilities said on Thursday, as Warsaw looks to reduce its use of fossil fuels.

read more... 08/12/2023

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VW will not add fourth battery plant while EV market remains sluggish

Volkswagen Group will not make a decision on a fourth battery factory site for now, with demand for electric vehicles in Europe lagging expectations, CEO Oliver Blume said.

read more... 02/11/2023

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Daily (30.10.2023): Oil prices jumped by 3% on Friday due to escalation of geopolitical tensions in the Middle East

Oil prices posted a significant 3% surge on Friday due to the U.S. strikes in Syria targeting sites connected to Iran. These strikes raised concerns about an escalation in Middle East geopolitical tensions, potentially leading to disruptions in oil supply in the region. Consequently, Brent crude settled at $90.48 per barrel, and WTI crude closed at $85.54 per barrel.

read more... 30/10/2023

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