Business - Page 2
Stay up to date with the latest Business updates from the global nuclear engineering international industry
Westinghouse will miss deadline for India deal
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
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...
Jordan and Saudi Arabia strengthen nuclear co-operation
Jordan and Saudi Arabia on 27 March signed agreements on cooperation in uranium exploration and carrying out a feasibility study into the construction of two small modular reactors...
UK NIA seeks assurances on Brexit
The UK Nuclear Industry Association (NIA) on 31 March called for arrangements to be put in place to avoid disruption to the nuclear energy sector following the initiation of the...
Areva completes sale of Areva TA subsidiary
Areva SA on 29 March sold its majority stake in Areva TA, its subsidiary specialising in nuclear propulsion and research reactors which employs nearly 1,500 people. It was bought by...
Japan signs nuclear co-operation deals with Russia
Russian state nuclear corporation Rosatom on 16 December signed a memorandum on cooperation in the peaceful uses of atomic energy and Japan’s Ministry of Economy, Trade and Industry...
Brazil and Russia to co-operate on irradiation centres
Russia’s United Corporation for Innovations (UIC), a subsidiary of state nuclear corporation Rosatom, and Brazilian company CK3 on 1 December signed a memorandum of understanding for...
India, Japan sign landmark civil nuclear deal
India and Japan on 11 November signed a landmark civil nuclear cooperation deal which will allow Japan to export nuclear technology to India – one of 10 agreements which aim to...
Ukraine signs agreements with Argentina and China
Argentina’s nuclear utility Nucleoelétrica Argentina SA (NA-SA) and Ukrainian nuclear utility Energoatom signed a memorandum of understanding on 27 October aiming to promote...
Power purchase agreement signed for UAE NPP
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
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
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
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
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
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
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
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
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
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...
