• 3 minutes Shale Oil Fiasco
  • 7 minutes "Leaked" request by some Democrats that they were asking Nancy to coordinate censure instead of impeachment.
  • 12 minutes Trump's China Strategy: Death By a Thousand Paper Cuts
  • 16 minutes Global Debt Worries. How Will This End?
  • 9 mins americavchina.com
  • 11 mins Greta named Time Magazine "Person of the Year"
  • 21 mins DUMB IT DOWN-IMPEACHMENT
  • 4 hours Emissions Soar as Flaring Frenzy Breaks New Records
  • 17 hours Tories on course to win majority
  • 18 hours Winter Storms Hitting Continental US
  • 9 hours Aramco Raises $25.6B in World's Biggest IPO
  • 2 hours POTUS Trump signs the HK Bill
  • 16 hours WTO is effectively neutered. Trump *already* won the trade war against China and WTO is helpless to intervene
  • 21 hours 2nd Annual Great Oil Price Prediction Challenge of 2019
Alt Text

Can Argentina Replicate The U.S. Shale Boom?

Argentina’s new administration looks to…

Alt Text

It’s Time To Get Back Into Natural Gas

Natural gas prices plunged last…

Irina Slav

Irina Slav

Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.

More Info

Premium Content

Washington’s Secret Nuclear Deal With Saudi Arabia

Washington has secretly given the go-ahead to several companies to sell nuclear power technology to Saudi Arabia, Reuters reports, citing a document it had obtained. The document featured an approval of six authorizations for nuclear power tech by Energy Secretary Rick Perry.

The request for secrecy came from the companies that won the authorizations, according to the document, authored by officials from the National Nuclear Security Administrations.

“In this case, each of the companies which received a specific authorization for (Saudi Arabia) have provided us written request that their authorization be withheld from public release,” it said.

An official from the Department of Energy told Reuters the reason for the secrecy was that the requests from the companies to partake in the deal with Saudi Arabia contained proprietary information.

The information comes on the heels of a report that the Government Accountability Office had initiated a probe into the U.S.-Saudi nuclear power talks that have been going on for a while. There is one important obstacle in these talks and this is Saudi Arabia’s reluctance to sign a nuclear co-operation agreement under the Atomic Energy Act that seeks to guarantee that nuclear technology is only used for civil purposes.

Related: Texas Needs 11,000 More Miles Of Pipelines

The Financial Times recalls that two months ago Congress accused the Trump administration of trying to sell U.S. nuclear power technology in defiance of the law. A recent report for the House of Representatives said the administration was trying “to rush the transfer of highly sensitive US nuclear technology to Saudi Arabia.”

In this, Reuters notes, the U.S. competes with South Korea and Russia. Riyadh will announce the companies that will build Saudi Arabia’s first nuclear reactors later this year. There is concern, however, that the Kingdom will not use nuclear technology for strictly civil purposes, which could ignite an arms race in the Middle East.

By Irina Slav for Oilprice.com

More Top Reads From Oilprice.com:




Download The Free Oilprice App Today

Back to homepage



Leave a comment
  • t t on March 30 2019 said:
    Saudi Arabia has the right to establish and own nuclear weapons as long as they follow international laws. The other neighbouring country, Iran, had sanctions because it did not have transparency in its goals and progresses, thus, breaking international laws.

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play