• 4 minutes Projection Of Experts: Oil Prices Expected To Stay Anchored Around $65-70 Through 2023
  • 7 minutes Oil prices forecast
  • 11 minutes Algorithms Taking Over Oil Fields
  • 14 mintues NIGERIAN CRUDE OIL
  • 26 mins UK, Stay in EU, Says Tusk
  • 1 hour Socialists want to exorcise the O&G demon by 2030
  • 9 hours How Is Greenland Dealing With Climate Change?
  • 11 hours Blame Oil Price or EVs for Car Market Crash? Auto Recession Has Started
  • 5 hours Venezuela continues to sink in misery
  • 9 hours German Carmakers Warning: Hard Brexit Would Be "Fatal"
  • 11 hours WSJ: Gun Ownership on Rise in Europe After Terror Attacks, Sexual Assaults
  • 5 hours Maritime Act of 2020 and pending carbon tax effects
  • 1 day "Peace Agreement" Russia vs Japan: Control Over Islands Not Up For Discussion
  • 1 day BofA Sees Oil at $35-70
  • 1 day Regular Gas dropped to $2.21 per gallon today
  • 12 hours Trump inclined to declare national emergency if talks continue to stall - Twitter hides this as "sensitive material"
  • 17 hours Orphan Wells
Alt Text

How To Play A Recovery In Oil Prices?

A realistic correction in the…

Alt Text

This Supermajor Is Leading The Energy Sector

This supermajor has been standing…

Dave Forest

Dave Forest

Dave is Managing Geologist of the Pierce Points Daily E-Letter.

More Info

Trending Discussions

Here's An Official Vote For Nuclear

Nuclear power hasn't been popular of late.

Most news globally has been about governments strategically moving away from atomic energy. Shutting down reactors in favour of alternate power sources.

But last week one of the world's biggest energy players cast an official vote for nuclear.

Japan.

The Japanese Ministry of Economy, Trade and Industry officially recommended that nuclear should be embraced as a go-to power source for the country.

The announcement came as part of Ministry efforts to draft a first-ever energy policy for Japan. One that outlines the country's strategy for the next 20 years in procuring power supplies.

That strategy will apparently include nuclear energy in a big way. The draft energy plan released last week called nuclear the "important base power source" for Japanese growth going forward.

Importantly, the plan calls for the restarting of currently-idled nuclear reactors. Flying in the face of speculation that the Japanese government might make an official move away from nuclear following the events at Fukushima.

The draft policy did recommend that nuclear should be augmented with renewable energy wherever possible. However, given Japan's very limited renewable infrastructure, this is probably a token statement. Unlikely to have much impact in reducing overall nuclear output.

It thus appears more and more likely we will see a large-scale restart of Japanese nuclear facilities. Significant news for both nuclear technology companies and for the uranium market.

Here's to planning ahead,

By. Dave Forest




Back to homepage

Trending Discussions


Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News