Svinicki promises continued improvement at NRC

March 20, 2017 0

The U.S. Nuclear Regulatory Commission (NRC) will work continuously to optimize, adapt and evolve to meet its regulatory responsibilities, Kristine Svinicki said last week in her first address as NRC chairwoman.

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NuScale’s SMR design accepted for NRC review

March 20, 2017 0

Global engineering giant Fluor announced last week NuScale Power, majority owned by Fluor, received notice its design certification application has been accepted for review by the U.S. Nuclear Regulatory Commission (NRC).

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Germany’s E.ON in 2016 posts worst-ever loss

March 16, 2017 0

Germany’s utility group E.ON reported on Wednesday its worst-ever net loss in 2016, which amounted to €16 billion ($17.1 billion), as the company was “freed from past burdens” related to its fossil fuels conventional business, Kallanish Energy learns.

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E.ON to cut net debt by €7B, slash 1,300 jobs

March 16, 2017 0

After facing numerous structural challenges amid a “very difficult” economic, policy and regulatory environment, Germany’s E.ON announced on Wednesday its plans to reduce net debt by roughly €7 billion ($7.5 billion) in the medium term.

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Toshiba considering potential sale of Westinghouse

March 15, 2017 0

Toshiba is considering a sale and other strategic options for its U.S. nuclear unit, Westinghouse, the group said Tuesday, as it expands a probe into problems there that caused it to miss an earnings deadline for a second time.

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Wood Group, AMEC announce £2.2B takeover

March 14, 2017 0

Scotland-based energy services company John Wood Group announced Monday its proposed £2.2 billion ($2.7 billion) takeover of British rival Amec Foster Wheeler has been approved by the companies’ board, Kallanish Energy reports.

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