• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 6 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 24 hours Could Someone Give Me Insights on the Future of Renewable Energy?
  • 23 hours How Far Have We Really Gotten With Alternative Energy
  • 1 hour e-truck insanity
  • 3 days "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 5 days Bankruptcy in the Industry
  • 2 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 6 days The United States produced more crude oil than any nation, at any time.
China Is Winning The Race for Affordable EVs

China Is Winning The Race for Affordable EVs

While U.S. and European automakers…

$2-Trillion Funding Gap Casts Shadow over Energy Transition

$2-Trillion Funding Gap Casts Shadow over Energy Transition

Blackrock's Michael Dennis said that…

Energy Efficiency is Critical for a Sustainable Future

Energy Efficiency is Critical for a Sustainable Future

Governments must prioritize energy efficiency…

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

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

ADVERTISEMENT

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




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News