The Marked Chart Wire · Energy
Energy
Westinghouse reactor plan faces historical cost overruns
A new $120 billion reactor plan is emerging, though the last US Westinghouse build cost double its estimate and ran seven years late.
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Oil Sanctions
Oil traders reportedly in talks with US on sanctioned tankers
Oil traders are reportedly discussing the use of sanctioned tankers with the United States government.
HotNuclear
OKLO secures domestic production for nuclear reactor parts
Oklo agreed to reserve manufacturing slots at U.S. Forged Rings for Aurora reactor components. Finished items are expected to arrive in 2030, with capacity locked in until 2035.
Iran
Oil prices drop as investors weigh Iran conflict risks
Crude prices declined Friday amid uncertainty over potential Iran war escalation following the midterm elections and hopes for a diplomatic breakthrough.
Iran
Rapidan Energy expects crude to top $100 on Iran risks
Bob McNally forecasts that global and US oil benchmarks will rise past $100 per barrel as American moves against Iran intensify.
Oil Prices
Aramco lowers Asian crude price for December delivery
The state oil company set the official selling price for December Arab Light to a $7 per barrel discount for Asian customers.
Data Centers
Duke Energy sees sustained data center demand despite regulatory headwinds
The utility has secured 7.8 GW of power contracts for data centers, with total capacity projected to double by early 2027. Over 10 GW of new gas plants are currently under construction to meet this rising need.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.