WILMINGTON, Del The owners of one of the first new U.S. nuclear power plants in decades said the half-finished reactors might not be completed without changes to a proposed $800 million (624.3 million pounds) loan to the bankrupt builder, Westinghouse Electric Co LLC.
TOKYO The Japanese cabinet minister overseeing reconstruction of areas devastated by the 2011 tsunami and Fukushima nuclear disaster resigned on Wednesday after saying it was better the disaster struck the northeastern region instead of Tokyo.
BEIJING Companies from China and Iran will this weekend sign the first commercial contracts to redesign an Iranian nuclear plant as part of an international deal reached in 2015 over Iran's nuclear programme, China's Foreign Ministry said on Thursday.
SEOUL No matter who is elected as South Korea's new leader next month it is clear that coal and nuclear power generation will likely be scaled back, with most of the candidates laying out plans on Wednesday to address public concerns over pollution and safety.
TOKYO Toshiba Corp sacked Westinghouse Electric Co's chairman two days before the U.S. nuclear engineering subsidiary filed for bankruptcy protection last week, as the Japanese firm tries to draw a line under the travails of a business that has cost it billions of dollars.
PARIS French Energy Minister Segolene Royal warned EDF's board on Wednesday against trying to prevent the closure of France's oldest nuclear plant, as a long-running conflict between the state-controlled utility and the government comes to a head.
SEOUL As Britain steps up the hunt for a new partner for a stalled nuclear power project, South Korea's KEPCO remains the most likely suitor, but two people with direct knowledge of the matter said the giant utility won't be rushed to the altar.
NEW YORK The sell-off of municipal bonds tied to the bankruptcy filing of Westinghouse Electric Co paused on Thursday as investors reconsidered concerns on the likelihood that construction of four U.S. nuclear power plants hit by billions in cost overruns will be completed.
If utilities in Georgia or South Carolina decide not to complete nuclear power reactors under construction by Westinghouse Electric Co following its bankruptcy, those units would join a long list of abandoned U.S. nuclear projects.
The U.S. utilities that are clients of Toshiba Corp's nuclear power plant construction subsidiary, Westinghouse Electric Co LLC, have hired advisers to prepare for its potential bankruptcy, according to people familiar with the matter.