Utilities Nuclear Energy

  • Commodities tomorrow:

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • Nov 8- More than a third of U.S. nuclear power plants could shut for economic reasons over the next decade, a greater number than most analysts expect, according to a study released on Thursday by the Union of Concerned Scientists, a public policy group that focuses on environmental and energy issues. Michigan energy company DTE Energy Co said its Fermi reactor is...

  • LONDON, Nov 8- Japan's Toshiba Corp said on Thursday it would scrap a British nuclear plant project after failing to find an investment partner, but South Korea indicated it was still interested in building a reactor at the site. The Moorside project in northwest England was expected to provide around 7 percent of Britain's electricity, but faced setbacks after...

  • TOKYO, Nov 8- Toshiba Corp announced on Thursday it is shedding assets, cutting jobs and buying back its stock starting this week, sending its shares up 13 percent, as the once-mighty Japanese conglomerate aims to regain investor confidence. The company announced it is liquidating its British nuclear power unit and selling its U.S. liquefied natural gas...

  • *ENN Group chosen as buyer of LNG business- Nikkei. TOKYO, Nov 8- Toshiba Corp is liquidating its British nuclear power unit and selling its U.S. liquefied natural gas business, as the once-mighty industrial conglomerate seeks to unload troubled assets and regain investors' confidence. The scandal forced it to recognise huge cost overruns at now-bankrupt U.S....

  • *Olympic Dam a core asset, offers potential uranium upside. MELBOURNE, Nov 8- Global miner BHP Billiton will meet its iron ore commitments to customers despite a supply disruption after it had to derail a runaway ore train in Western Australia, Chief Executive Andrew Mackenzie said on Thursday. Asked whether BHP would invoke force majeure, Mackenzie told media...

  • TOKYO, Nov 8- Toshiba Corp said it is liquidating its British nuclear power unit and selling its U.S. liquefied natural gas business, in an effort to shed troubled assets that could have exposed the Japanese company to future losses. Toshiba sold the world's No. 2 memory chip business to a consortium led by U.S. private equity firm Bain Capital to recover from years...

  • TOKYO, Nov 8- Toshiba Corp said it is cutting headcount and liquidating its UK nuclear power unit in an effort to reduce costs as it struggles to find new growth pillars. The plans are part of a new five-year business strategy Toshiba announced on Thursday. The deal calls for ENN to take over Toshiba's 20- year use-or-pay commitment at Freeport LNG export terminal...

  • Workers at the installation site of reactor pressure vessel of China National Nuclear Corporation's Fuqing nuclear power plant in southeast China's Fujian Province, Jan. 28, 2018. It is China's first demonstration nuclear power project using Hualong One technology, a domestically developed third-generation reactor design.

    India and China are set to drive nuclear power production growth in the world as the two developing nations pursue their respective national nuclear energy programs.

  • TOKYO, Nov 7- Japan's nuclear regulator has approved an operations extension for a 40- year-old reactor near Tokyo that was damaged in the same earthquake and tsunami that sparked the Fukushima disaster nearly eight years ago, a move likely to be controversial. Japan's Nuclear Regulation Authority gave the green light to the extension on Wednesday, the...

  • WASHINGTON, Nov 5- U.S. Supreme Court justices, hearing a challenge to Virginia's moratorium on uranium mining, struggled on Monday over how far states can go to ban mining of the radioactive metal for public health reasons before overstepping federal law. At the center of the dispute is the largest-known U.S. uranium deposit, located beneath a privately owned...

  • WASHINGTON, Nov 5- U.S. Supreme Court justices, hearing a challenge to Virginia's moratorium on uranium mining, struggled on Monday over how far states can go to ban mining of the radioactive metal for public health reasons before overstepping federal law. At the center of the dispute is the largest-known U.S. uranium deposit, located beneath a privately owned...

  • Commodities tomorrow:

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • Sen. Marco Rubio (R-FL)

    The Republican lawmakers say the killing of Jamal Khashoggi by Saudi agents raises additional questions about the Saudi leadership's judgment.

  • President Donald Trump on Wednesday to suspend civilian nuclear energy talks with Saudi Arabia after the murder of Saudi journalist Jamal Khashoggi. "The ongoing revelations about the murder of Saudi journalist Jamal Khashoggi, as well as certain Saudi actions related to Yemen and Lebanon, have raised further serious concerns about the transparency,...

  • In this handout image provided by the News1-Dong-A Ilbo, North Korean officials watch the demolition of the Punggye-ri nuclear test site on May 24, 2018 in Punggye-ri, North Korea. 

    South Korea's spy agency has observed preparations by North Korea for international inspections at several of its nuclear and missile test sites, the Yonhap news agency said on Wednesday, citing a South Korean lawmaker.

  • A construction worker works on the Phase II nuclear power plant at the LingAo nuclear power plant in Daya Bay, Guangdong province, China. 

    China's 40 commercially operating nuclear reactors delivered a total of 193.77 billion kilowatt-hours of power to the grid in the first nine months of the year, up 13.3 percent from a year earlier, an industry group said.

  • Nuclear energy growth is critical to achieving climate change objectives, according to Agneta Rising of World Nuclear Association.

  • WINDHOEK, Oct 26- Namibia has scrapped a requirement for companies seeking mining exploration licences to be partly owned and managed by black Namibians, the country's mining industry group said on Friday. Hilifa Mbako, the chamber's vice president, said the decision "was the most important fundamental decision for future investment into Namibia."

  • WINDHOEK, Oct 26- Namibia has scrapped a requirement for companies seeking mining exploration licenses to be partly owned and managed by black Namibians, the country's mining industry group said on Friday. Hilifa Mbako, the chamber's vice president, said the decision "was the most important fundamental decision for future investment into Namibia."