Corporate rss

Russia and Iran forge closer ties

20 January 2017

Spassky_Kamalvandi_roadmap_(Rosatom)-48Russia and Iran yesterday signed documents furthering their cooperation in the peaceful uses of nuclear energy. They were signed in Moscow by Nikolay Spassky, deputy director general for international affairs at Rosatom, the Russian state nuclear corporation, and Behrouz Kamalvandi, deputy head of the Atomic Energy Organization of Iran for International, Legal and Parliamentary Affairs.

European Commission approves Areva restructuring plan

17 January 2017

The European Commission has approved the restructuring of France's Areva group, ruling that the French government's plan to grant a capital injection of €4.5 billion ($4.8 billion) into Areva does not breech European Union (EU) state aid rules.

Entergy agrees to Indian Point closure

09 January 2017

Indian_Point_(NRC/Entergy)_48Entergy has agreed with the state of New York to close the Indian Point nuclear power plant in 2020-2021. The company said economic considerations were key in its decision to shut the plant, completing the company's exit from the merchant power business.

Cameco responds to 'discrepancy' in analyst expectations

18 January 2017

Cameco yesterday announced its earnings expectations and operational changes planned for 2017. "While it is not our usual practice to disclose earnings expectations, we are announcing our earnings expectations for 2016 in advance of our participation in upcoming investor conferences due to the significant discrepancy between analyst earnings estimates and our current expectations," the Saskatchewan, Canada-based uranium producer said.

NRG completes irradiation creep program for EDF Energy

12 January 2017

The Nuclear Research and Consultancy Group (NRG) has announced the successful completion of a program for EDF Energy to study the effects of irradiation creep on graphite. Over a period of four years, four consecutive irradiation stages were performed on loaded graphite specimens in the High Flux Reactor in Petten, the Netherlands.

Simulator upgrade for Mexican plant

06 January 2017

Laguna Verde simulator - 48Canada's L-3 MAPPS has been awarded a contract to support modernization of the full-scope control room simulator for Mexico's sole nuclear power plant, the twin-unit Laguna Verde.