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May 5, 2026 / Tyler Durden
The Nuclear Co. And Brookfield Partner For New Large Reactor Projects
The Nuclear Co. And Brookfield Partner For New Large Reactor Projects Brookfield announced that it has formed a partnership with The Nuclear Company (TNC), to create a new company for developing Westinghouse reactor technology. This new company, which remains unnamed, is being positioned as a world-leading nuclear project execution company.  A few weeks ago, we covered how Bloomberg anticipated an announcement for new AP1000s. But it appears TNC is focusing the JV's efforts, in the near term, on the possible restart and completion of the two AP1000 reactors at VC Summer in South Carolina.  Westinghouse...
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Apr 28, 2026 / Tyler Durden
First Of Many? UAE Exits OPEC As Iran Chaos Triggers Nationalistic Realignment Among Producers
First Of Many? UAE Exits OPEC As Iran Chaos Triggers Nationalistic Realignment Among Producers OPEC member and major Gulf producer, the UAE, has decided to exit the oil cartel, an unexpected development that crossed Bloomberg headlines on Tuesday morning around 0822 ET. OPEC finished https://t.co/RtxJdZQeQh — zerohedge (@zerohedge) April 28, 2026 WAM said the decision reflects the "evolution of sector policies to enhance flexibility in responding to market dynamics, while continuing to contribute to market stability in a thoughtful and responsible manner." OPEC was founded in Baghdad in September 1960 by Iran, Iraq, Kuwait,...
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Mar 30, 2026 /
Zelensky: Allies Urged Ukraine to Halt Attacks on Russian Energy
Ukrainian President Volodymyr Zelensky said he was asked by some allied nations to halt attacks on Russian oil infrastructure amid the US and Israeli war against Iran. The Middle East conflict has resulted in damage to energy infrastructure in a number of countries, and Tehran has closed the Strait of Hormuz.  Speaking with reporters via […]
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