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1 month ago | 
usatoday.com | Vallari Srivastava |Medha Singh
Shares of nuclear power companies closed higher on Friday after U.S. President Donald Trump signed executive orders seeking to jumpstart the industry. The orders direct the nation's independent nuclear regulatory commission to cut down on regulations and fast-track new licenses for reactors and power plants.
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1 month ago | 
hartenergy.com | Vallari Srivastava |Medha Singh
Shares of nuclear power companies closed higher on May 23 after U.S. President Donald Trump signed executive orders seeking to jumpstart the industry. The orders direct the nation's independent nuclear regulatory commission to cut down on regulations and fast-track new licenses for reactors and power plants.
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1 month ago | 
marketscreener.com | Vallari Srivastava |Medha Singh
Published on 05/23/2025 at 05:09, updated on 05/23/2025 at 10:25 (Reuters) -Shares of nuclear power companies surged after a report that U.S. President Donald Trump would sign executive orders as soon as Friday to jumpstart the industry. Trump is expected to streamline the regulatory process for new reactor approvals and enhance fuel supply chains, Reuters reported citing four sources familiar with the matter.
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1 month ago | 
today.westlaw.com | Vallari Srivastava |Sahal Muhammed |Krishna Eluri
(Reuters) -NRG Energy said on Monday it would acquire power generation assets from energy infrastructure investment firm LS Power in a deal valued at $12 billion, as the U.S. utility bets on surging electricity demand, sending its shares up more than...
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1 month ago | 
marketscreener.com | Amanda Stephenson |Vallari Srivastava
(Reuters) - Canadian Natural Resources Ltd, the country's largest oil producer, reported a better-than-expected first-quarter profit and record production on Thursday, helped by a narrow discount on Canadian heavy crude that the company expects will persist. Producers in Canada have benefited this spring from a historically tight price discount on heavy oil versus U.S. benchmark crude, helping cushion the blow from a significant fall in global oil prices.
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1 month ago | 
gurutrade.com | Vallari Srivastava |Shilpi Majumdar |Krishna Eluri
May 1 (Reuters) - U.S. refiner HF Sinclair posted a smaller-than-expected loss in the first quarter on Thursday, supported by sequential improvement in refining margins.
The 3-2-1 crack spread , a key indicator of U.S. refining margins, rebounded in early 2025 from multi-year lows as nationwide refinery maintenance tightened fuel supply.
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2 months ago | 
ca.marketscreener.com | Vallari Srivastava |Nicole Jao
(Reuters) -Phillips 66 reported a bigger-than-expected loss for the first quarter on Friday, hurt by lower refining margins amid heavy turnaround activities across the U.S. refining sector. U.S. refineries typically undergo seasonal maintenance and turnaround activities in preparation for the summer driving season, when fuel demand significantly increases. The scheduled downtime temporarily reduces refinery utilization, and the ability to capture revenue from margins.
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2 months ago | 
gurutrade.com | Vallari Srivastava |Shinjini Ganguli |Krishna Eluri
April 22 (Reuters) - Canada's Barrick Gold said on Tuesday it will exit the Donlin gold Project in Alaska by selling its 50% stake to billionaire John Paulson and NovaGold Resources for up to $1.1 billion.
The Donlin Gold project is a proposed mine which holds roughly 39 million ounces of gold. It was jointly owned by Barrick Gold and NovaGold, holding a 50% stake each.
U.S.-listed shares of Barrick Gold were up 1.7% before the bell, which were also supported by higher prices of the bullion.
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2 months ago | 
today.westlaw.com | Shinjini Ganguli |Clara Denina |Jane Merriman |Vallari Srivastava
LONDON (Reuters) -Peabody Energy is reviewing all options related to its $3.78 billion acquisition agreement with Anglo American for some of its Australian steelmaking coal assets after a fire halted production at a mine included in the deal.
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Mar 28, 2025 | 
today.westlaw.com | Vallari Srivastava |Krishna Eluri
(Reuters) - Renewable energy company Emeren said on Friday it has formed a special committee to evaluate a buyout proposal it received earlier this month. The company did not disclose the name of its potential acquirer or the price, if any. It had a...
