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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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May 13, 2026 / Tyler Durden
Rising Jet Fuel And Ticket Prices Could Disrupt Summer Air Travel
Rising Jet Fuel And Ticket Prices Could Disrupt Summer Air Travel
Submitted by Tsvetana Paraskova of OilPrice.com
Summer travel could be disrupted for millions of airline passengers as airlines pass on higher jet fuel prices onto air fares and cancel unprofitable routes, according to the global association Airports Council International.
The surge in jet fuel prices as a result of the Middle East crisis leads to higher air fares. Passengers should be prepared for higher ticket prices for longer, Stefano Baronci, the Airports Council International’s director general of Asia Pacific and Middle...
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Apr 5, 2026 / Tyler Durden
Third Order Effects Begin: U.S. Airlines Hike Bag Fees As Jet Fuel Prices Spike
Third Order Effects Begin: U.S. Airlines Hike Bag Fees As Jet Fuel Prices Spike
The New York Harbor jet fuel benchmark has doubled in just five weeks as the aviation fuel crisis spreads from airport to airport worldwide following ongoing disruptions at the Hormuz chokepoint. The third-order effects of that energy shock began to materialize this past week, with major U.S. airlines raising checked-bag fees to offset soaring fuel costs.
United Airlines and JetBlue Airways, two major U.S. carriers, raised checked-baggage fees for domestic travel this week as they begin...
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Jun 1, 2026 / Tyler Durden
Foreign Cargo Ship Struck By 'Massive Projectile' Just Off Iraq
Foreign Cargo Ship Struck By 'Massive Projectile' Just Off Iraq
A commercial cargo ship navigating the Arabian Gulf was struck by an unidentified projectile, triggering a "large explosion," according to the United Kingdom Maritime Trade Operations (UKMTO).
The maritime strike took place approximately 65 nautical kilometers (40 miles) southeast of Umm Qasr, Iraq. At this time, the UKMTO noted that it is unaware of any environmental damage resulting from the blast.
Source: UKMTO
Initially Iraqi media reported the blast was due to "mechanical failure" - but soon after other regional media said it was...
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