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Latest Business Update

BP Outlook sees fall in nuclear share
20 February, 2019
BP’s Energy Outlook for 2019 considers a range of scenarios to...
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Turboatom and Westinghouse extend nuclear cooperation
Friday, November 09, 2018 by Ukraine’s Turboatom and US-based Westinghouse have extended a memorandum of understanding in the nuclear energy sphere for one year. The press service of Ukrainian nuclear...

US signs agreement with Canada in preparation for Brexit
Thursday, November 08, 2018 by The UK and Canada on 2 November signed a bilateral Nuclear Cooperation Agreement (NCA), which will allow "mutually beneficial" civil nuclear cooperation to continue when current...

Nuscale selects BWXT for SMR manufacture
Tuesday, October 02, 2018 by Oregon-based NuScale Power announced on 25 September that it had selected Virginia-based BWX Technologies (BWXT) to start the engineering work to manufacture its small modular...

UK expert advisory group calls for government to support SMRs
Friday, August 10, 2018 by The UK's Department for Business, Energy and Industrial Strategy’s Expert Finance Working Group (EFWG) said on 7 August that government support is needed to stimulate private...

New nuclear sector deal for the UK
Thursday, June 28, 2018 by UK Business and Energy Secretary Greg Clark on 28 June announced a new deal with the nuclear sector intended to ensure “that nuclear energy continues to power the UK for years to...

Iran reveals nuclear achievements
Thursday, April 12, 2018 by Iran on 9 April announced 83 nuclear-related achievements during a ceremony marking the 12th National Nuclear Technology Day. President Hassan Rouhani unveiled five domestic...

Russia to supply irradiation technology to Philippines
Wednesday, September 13, 2017 by Rusatom Healthcare, a division of Russian state nuclear corporation Rosatom, and Philippines firm A Brown Company Inc (ABCI) on 9 September signed a framework agreement on...

Iran continues to meet its obligations, IAEA says
Tuesday, September 12, 2017 by Yukiya Amano, the head of the International Atomic Energy Agency (IAEA) said on 11 September that Iran was abiding by the rules set out in the Joint Comprehensive Plan of Action...

GEH and ARC boost collaboration on SMR
Tuesday, August 29, 2017 by US-based GE Hitachi Nuclear Energy (GEH) and Advanced Reactor Concepts (ARC Nuclear) on 28 August announced steps to advance their collaboration to develop and license the...

Saudi Arabia and China boost nuclear co-operation
Monday, August 28, 2017 by Saudi Arabia and China are to cooperate on nuclear energy projects following discussions on ways to support the Saudi kingdom’s nuclear energy programme during the official visit...

EU welcomes Kyrgyzstan’s ratification of remediation agreement
Sunday, August 20, 2017 by The European Union’s (EU's) Delegation to Kyrgyzstan said on 18 August that it Kyrgyzstan’s swift ratification of a framework agreement with the European Bank for Reconstruction...

Areva NP to support isotope production at Canada’s Bruce NPP
Sunday, August 20, 2017 by Bruce Power and Areva NP signed a memorandum of understanding (MOU) on 8 August under which they agreed to explore opportunities to commercialise radioisotope production capabilities...

Chinese companies under pressure to standardise Hualong One
Sunday, August 20, 2017 by China has approved a plan by its two state nuclear developers to promote a single integrated nuclear reactor brand that will help speed up construction and strengthen their ability...

Areva NP signs fuel contracts
Tuesday, June 27, 2017 by Areva NP said on 26 June it had signed three fuel contracts totalling $560m to supply its Atrium 11 advanced boiling water reactor (BWR) fuel and GAIA and HTP pressurised water...

Anti-nuclear protests in Belgium
Tuesday, June 27, 2017 by Cross-border demonstrations took place on 25 June demanding the “immediate” closure of two Belgian reactors – unit 2 at the Tihange NPP and unit 3 at the Doel NPP.

Rosatom to sell 49% stake in Turkish NPP project
Wednesday, June 21, 2017 by Russian state nuclear corporation Rosatom on 19 June agreed to sell a 49% stake in the NPP Akkuyu project in Turkey to Turkish investors. The stake was sold for an undisclosed amount...

EC approves EDF takeover of Areva’s New NP
Wednesday, May 31, 2017 by The European Commission has approved the proposed takeover of New NP, the Areva Group’s nuclear reactor business, by French state-controlled utility Electricite de France (EDF)....

Westinghouse will miss deadline for India deal
Tuesday, May 09, 2017 by India has asked Japanese company Toshiba to offer ways to resolve the issue of sale of nuclear reactors following bankruptcy of its US-based Westinghouse Electric Company....

Foratom advises transitions arrangements for Brexit
Thursday, April 06, 2017 by European nuclear industry group Foratom said on 3 April that the UK and the European Union (EU) will need to agree transitional arrangements that will apply if the two-year...

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