Louisiana Light • 3 days | 93.63 | +3.02 | +3.33% | |||
Bonny Light • 2 days | 98.41 | +3.23 | +3.39% | |||
Opec Basket • 4 days | 95.31 | -0.42 | -0.44% | |||
Mars US • 21 hours | 91.78 | +2.49 | +2.79% | |||
Gasoline • 10 mins | 2.510 | -0.088 | -3.40% |
Bonny Light • 2 days | 98.41 | +3.23 | +3.39% | |||
Girassol • 2 days | 99.20 | +2.62 | +2.71% | |||
Opec Basket • 4 days | 95.31 | -0.42 | -0.44% |
Peace Sour • 13 hours | 88.18 | +3.29 | +3.88% | |||
Light Sour Blend • 13 hours | 88.68 | +3.29 | +3.85% | |||
Syncrude Sweet Premium • 13 hours | 97.28 | +3.29 | +3.50% | |||
Central Alberta • 13 hours | 86.48 | +3.29 | +3.95% |
Eagle Ford • 3 days | 86.87 | +0.71 | +0.82% | |||
Oklahoma Sweet • 3 days | 87.00 | +0.75 | +0.87% | |||
Kansas Common • 2 days | 84.00 | +3.25 | +4.02% | |||
Buena Vista • 4 days | 95.63 | -0.10 | -0.10% |
The ongoing UAW auto strikes…
Gas prices are still expected…
In a move that could expand Indiaâs civilian nuclear power sector by opening up access to foreign suppliers, Indiaâs government has put the finishing touches on its long-awaited legislation for implementing the countryâs nuclear liability law.
V Narayanasamy, Minister of State in the Prime Ministerâs Office told journalists, âA PMO committee has approved the rules of implementation of the civil nuclear liability law. We will notify the rules within month,â IRNA news agency reported.
In 2010 the Indian Parliament passed âThe Civil Liability for Nuclear Damageâ legislation, which would allow a NPP operator to sue for damages from a nuclear power plantâs technology supplier in the event that a nuclear incident occurs because of substandard equipment or services provided to the facility. The suppliers' liability is currently incorporated under Indian law through the operator's âright of recourseâ embodied in Article 17 (a, b and c), which, needless to say, has been viewed with extreme disfavor by a significant section of nuclear equipment suppliers.
In the wake of the March meltdown in Fukushima, many in the nuclear power industry are bracing for the reality of increased regulations.
Foreign companies already committed to expanding Indiaâs civilian nuclear power program include Franceâs Areva, Russiaâs Rosatom and U.S. companies GE Hitachi and Westinghouse.
By. Charles Kennedy, Deputy Editor OilPrice.com
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