Business - Page 2

Stay up to date with the latest Business updates from the global nuclear engineering international industry

Power purchase agreement signed for UAE NPP
Thursday, November 03, 2016 An agreement to buy electricity generated from the United Arab Emirates' Barakah NPP was signed on 1 November between Barakah One PJSC - an independent and jointly owned subsidiary of...

Investment for Swedish-Canadian lead-cooled reactor
Tuesday, October 25, 2016 Essel Group Middle East (EGME) - a subsidiary of Indian multinational Essel Group - has agreed to invest $18m in Swedish-Canadian lead-cooled small nuclear reactor technology...

Kepco and Enec set up joint venture for Barakah NPP
Tuesday, October 25, 2016 Korea Electric Power Corporation (Kepco) and the Emirates Nuclear Energy Corporation (Enec) on 20 October signed a joint venture agreement for "long-term partnership and cooperation...

India to seek joint ventures for LWRs
Wednesday, October 12, 2016 India’s government has decided that large projects to build Light Water Reactors (LWRs), which involve foreign collaborators, must be organised as joint ventures (JVs) with public...

New UK ministerial appointments
Tuesday, August 09, 2016 The UK government has confirmed the full list of ministerial responsibilities within its newly created Department for Business, Energy and Industrial Strategy (BEIS). The list...

Russia supports Iran’s nuclear development
Tuesday, August 09, 2016 Russia will “further assist” Iran in implementing the Joint Comprehensive Plan of Action on Iran's nuclear programme, “including the processing of enriched uranium and the conversion...

Paladin sells off more assets
Wednesday, August 03, 2016 Australia’s Paladin Energy has announced plans to sell 24% of the Langer Heinrich uranium mine in Namibia and up to 75% stake of its Manyingee project in Western Australia. The...

Ukraine appoints three deputy energy ministers
Wednesday, August 03, 2016 Ukraine’s Cabinet of Ministers of Ukraine on 28 July appointed Halyna Karp as first deputy energy and coal industry minister, Anatoliy Korzun as deputy energy minister and Ihor Didenko...

UK abolishes Department of Energy and Climate Change
Wednesday, July 20, 2016 The UK's Department of Energy and Climate Change (DECC) has been abolished and its activities transferred to the newly created Business, Energy and Industrial Strategy (BEIS)...

Areva completes sale of Canberra
Tuesday, July 05, 2016 Areva and the industrial company Mirion Technologies on 1 July completed the sale to Mirion of Canberra, Areva’s nuclear instrumentation and measurement specialist employing...

UK remains committed to nuclear despite Brexit
Saturday, July 02, 2016 The UK's Nuclear Industry Association and the French Nuclear Society, SFEN, have signed a Memorandum of Understanding, committing them to work together to further the nuclear sector...

China repays Russian loan for Tianwan NPP
Saturday, July 02, 2016 China has repaid the Russian loan for construction of the Tianwan NPP (units 1 and 2) ahead of time. On the 29 June Russia’s Ministry of Finance announced the receipt of the payment...

Russia’s ASE signs partnership deal with IBM
Wednesday, June 22, 2016 Engineering Division of the state corporation Rosatom - ASE group of companies - and IBM have signed a partnership agreement in the field of integrated solutions for managing...

Areva to spin off fuel business
Wednesday, June 22, 2016 France’s Areva is to spin off its nuclear-fuel operations this year, as New Co, to shield them from the financial difficulties facing the company’s reactor business and to...

IAEA says Iran in compliance with nuclear deal
Monday, May 30, 2016 The International Atomic Energy Agency (IAEA) on 26 May verified Iran's compliance with the Joint Comprehensive Plan of Action (JCPOA), reached between Tehran and the P5+1 group...

Rosatom sets up investment fund for foreign projects
Tuesday, May 10, 2016 Russian state nuclear corporation Rosatom has established an investment fund for its overseas projects, according to JSC Akkuyu Nuclear, its project company for the Akkuyu nuclear...

Russia signs MOU with Algeria
Friday, April 29, 2016 Russia state nuclear corporation Rosatom and Algeria’s Commissariat for Atomic Energy on 27 April signed a Memorandum of Understanding on cooperation in the field of nuclear energy...

Rosatom dismisses reports of possible sale of stake in Turkish NPP
Friday, April 29, 2016 Sergey Kirienko, director general of Russian state nuclear corporation Rosatom, has dismissed as speculation press reports that the corporation plans to sell a 49% stake in the...

Iran enters the global market for nuclear materials
Tuesday, April 26, 2016 The US is buying 32t of Iranian heavy water to help Iran meet the terms of last July’s landmark nuclear deal under which Iran agreed to curb its nuclear programme in exchange...

South Korea and Russia strengthen co-operation
Friday, April 22, 2016 Rusatom International Network (RIN), part of Russian state nuclear corporation Rosatom, on 20 April signed a memorandum of understanding (MOU) with the Korean Atomic Industrial...

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