CERAWEEK ANALYSIS Small Nuclear Power Struggles at Cusp of US Electricity Demand Boom

By Timothy Gardner SMRs face cost, security, and regulatory challenges U.S. regulatory framework for SMRs is underdeveloped HALEU fuel safety and demand growth concerns persist HOUSTON, March 11 (Reuters) – Everyone from the U.S. energy secretary to Big Tech touts small modular nuclear reactors as a potential answer to booming power demand, but the technology …

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Occidental Petroleum Sees US Oil Output Peaking in Next Five Years

(Reuters) – U.S. oil production will peak between 2027 and 2030, Occidental Petroleum Corp CEO Vicki Hollub said on Tuesday at the CERAWeek conference in Houston, Texas. Her outlook follows U.S. President Donald Trump vowing to bolster fossil fuel production in the U.S. and lower prices for consumers. ConocoPhillips CEO Ryan Lance echoed Hollub’s outlook …

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Mexico’s Pemex Prioritizes Refining as it Diverts Heavy Oil Away From Gulf

(Reuters) – Mexico’s state oil company Pemex expects to continue diverting barrels of heavy crude away from U.S. Gulf Coast refiners as its new Olmeca refinery ramps up processing, the head of the company’s trading arm PMI, Margarita Perez, said on Tuesday. Pemex’s decision to prioritize refining over its traditional export markets began around six …

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