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The United States Department of Energy (DOE) has selected four more projects for a pilot program for producing nuclear fuel to support the development of advanced reactors. Santa Clara, California-based Oklo Inc joins the program for its project to build three fuel production facilities that will support its Aurora and Pluto reactors and potentially other fast reactors, according to a DOE statement. Charlotte, North Carolina-based Terrestrial Energy Inc has been selected to develop fuel for its molten salt reactor design. Terrestrial Energy said separately it will use Standard Assay Low-Enriched Uranium (SALEU) fuel, enriched to less than five percent uranium-235.…
MIAMI (AP) — Western Mexico was being lashed Monday by a hurricane bringing heavy rain, strong winds and rough surf to coastal areas and the Baja California peninsula.A tropical storm watch was issued for Baja California Sur from Cabo San Lucas to Santa Fe, the Miami-based National Hurricane Center said in an advisory.Hurricane Priscilla was spinning just off the coast of Mexico, about 230 miles (370 kilometers) south-southwest of Cabo Corrientes with maximum sustained winds of 85 mph (140 kph).Parts of southwestern Mexico could get up to 6 inches (15 centimeters) of rain from Priscilla’s outer bands through Wednesday, bringing…
• Mercedes’ new electric CLA is produced with 40% fewer emissions than its predecessor through the use of low-carbon aluminium.• Norsk Hydro’s aluminium emits only 3 kg of CO₂ per kg—80% lower than the global average—by using renewable power and recycled scrap.• The collaboration reflects growing industry demand for premium low-carbon materials amid rising supply-chain decarbonisation pressures. Stuttgart–Oslo collaboration aims to decarbonize luxury manufacturing Mercedes-Benz has introduced low-carbon aluminium into its latest electric CLA model as part of a broader strategy to reduce the environmental footprint of its electric-vehicle production. The material, developed with Norwegian metals group Norsk Hydro, relies…
French private investment firm Ardian will buy Irish energy utility Energia Group from infrastructure investor I Squared Capital, as power demand is set to surge with Ireland’s growing digital economy and data centers. Energia “is well positioned to meet Ireland’s increasing demand for secure, low-carbon electricity to sustainably power the country’s growing digital economy,” Ardian said on Monday, announcing the deal. The transaction, expected to be completed in the first half of 2026, values Energia Group at about $2.9 billion (2.5 billion euros), according to the Financial Times. The Irish energy utility has entered into a strategic partnership with a global technology partner…
At 10:46 GMT, Light Crude Oil Futures are trading $61.91, up $1.03 or +1.69%. OPEC+ said it would raise oil output by 137,000 barrels per day in November, mirroring October’s increase and falling short of more aggressive hikes some in the market had anticipated. Analysts say the restrained move reflects internal disagreements: Russia favored a modest bump to avoid downward price pressure, while Saudi Arabia reportedly pushed for an increase of up to four times that level to regain market share faster. The decision signals a cautious balancing act as the group faces both oversupply concerns and competitive pressure from…
No well would be set up within 10 km from the eco-sensitive area of Coringa Wildlife sanctuaryOil and Natural Gas Corporation Limited (ONGC) is set to invest ₹8,110 crore for onshore development and production of oil and gas from 172 wells in eight PML (petroleum mining lease) blocks in Andhra Pradesh.A committee under the Ministry of Environment, Forest and Climate Change has recommended Environmental Clearance for the project in a meeting held last month. “The estimated project cost is ₹8110 crore. Capital cost of EMP (Environment Management Plan) would be ₹172 crore and recurring cost for EMP would be ₹91.16…
OpenAI and Advanced Micro Devices have reached a deal that could see Sam Altman’s company take a 10% stake in the chipmaker.AMD stock skyrocketed more than 25% Monday during premarket trading following the news.OpenAI will deploy 6 gigawatts of AMD’s Instinct graphics processing units over multiple years and across multiple generations of hardware, the companies said Monday. It will kick off with an initial 1 gigawatt rollout of chips in the second half of 2026.Tune in at 9:30 a.m. ET as OpenAI President Greg Brockman and AMD CEO Lisa Su join CNBC TV to discuss the chip deal. Watch in…
Sustainability RegTech company Diginex announced the completion of the acquisition of ESG data company Matter, in a transaction valuing Matter’s equity at $13 million, and aimed at enhancing Diginex’s capabilities across ESG data benchmarking, reporting, and AI-driven analytics. Diginex is acquiring the company from majority owner Nasdaq, which announced its initial investment in the company in 2020. Nasdaq will remain a stakeholder in the new business structure and a key strategic partner for Matter. Founded in 2017, Copenhagen-based Matter provides ESG and sustainability data and analytics solutions to the investment industry, enabling users to access impact information on issuers and…
2025-10-06T09:46:01Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Driverless cars are spreading to more US cities. Many are run by Waymo, both directly and through a partnership with Uber. I hailed a ride in a Waymo car in San Francisco to see what it’s like. Robotaxis are becoming common in some big US cities, but they’re still…
Denmark is intensifying inspections on oil tankers passing through its waters, which are the gateway to and from the Baltic Sea, in a move to counter Russia’s shadow fleet movements.The Danish authorities are stepping up environmental checks on older tankers passing through its straits, the Environment Ministry said on Monday.A growing number of very old vessels have joined the so-called shadow fleet to transport Russian oil out of its Baltic ports, as Moscow pivoted to sell its crude to China and India after shipments to the EU and UK were banned, while sales to third countries cannot use Western insurance…