Browse by Tags

- Edited By Tom Lamar - The Shaw Group Inc. announced it has received a $29 million arbitration award payment from Taiwan Power Company for work completed on the Lungmen Nuclear Power Project. Earlier this month, the Taiwan High Court upheld an arbitration award that ordered Taiwan Power Company...

- Edited By Tom Lamar - Southern Company, the biggest U.S. utility owner by market value, will invest as much as $17 billion during the next three years to meet energy demands for a recovering economy, as it reported a decline in fourth-quarter profit. Net income fell on higher operation and maintenance...

- By Tom Lamar – After reviewing Exelon’s Fourth Quarter and 2010 Results statement, we have summarized some points concerning their nuclear power fleet. Exelon Generation Company, LLC (Generation) had its eighth consecutive year of nuclear fleet capacity factors that exceeded 93...

The Shaw Group Inc. today announced financial results for the first quarter of fiscal year 2011, which ended Nov. 30, 2010. “However, we expect to see an increase in our earnings and backlog in the second half of fiscal year 2011. And with the global announcements in our Power segment and the...

- Edited By Tom Lamar - Lightbridge Corporation an advanced nuclear fuel designer and provider of nuclear energy consulting services to commercial and governmental organizations, today announced earnings results for the third quarter ended September 30, 2010. Revenue for the three months ended...

The Babcock & Wilcox Company (NYSE: BWC) ("B&W" or the "Company") today reported earnings per share for the third quarter ended September 30, 2010 of $0.31, an increase of 40.9% from the third quarter of 2009. Revenues for the third quarter of 2010 were $632.8 million, a decrease...

- Edited By Tom Lamar - Uranium Resources, Inc. (URI) today provided an update on the Company’s activities and announced its financial results for the third quarter of 2010, which ended September 30, 2010. Recent Highlights Letter of Intent Signed with Industry Leader. On November 4, 2010...

Net income of $1.0 million for quarter on revenue of $565 million Net loss of $1.5 million for nine-month period on revenue of $1.37 billion Cash flow from operations of $30.0 million in nine-month period, cash on hand of $146.1 million at September 30, 2010 Company updates 2010 outlook for...

"Although the regulatory environment is still uncertain for some power projects, we have begun to see meaningful results from our nuclear power contracts in the U.S," said J.M. Bernhard Jr., chairman, president and chief executive officer. - Edited By Tom Lamar - The Shaw Group Inc. announced...

"TVA will continue to maintain its infrastructure and invest in new power assets to provide reliable service for our customers." Chief Financial Officer John Thomas said. - SOURCE Tennessee Valley Authority - Warmer-than-normal weather in the spring and early summer, along with an improving...

"The recent $8.3 million order from the French nuclear power plant utility (Electricité de France, EDF) for Ceradyne Boron Products' boron-ten (B10) nuclear absorbing isotope is anticipated to be an order in a series of procurements, not only in France but also the U.S., China, Japan...

In order to reduce the volatility of the portfolio in the build up phase, EDF is considering an investment in infrastructure assets, providing steady dividends that would enable to meet very long term liabilities - By Mark McFadden - EDF Pursuant to the Law dated June 28, 2006, on the securing...

CGNPC said in a statement it will use the proceeds to repay bank loans and replenish working capital. China Development Bank Corp. and Bank of China Ltd. are the main underwriters of the deal, China Guangdong Nuclear said. - By Mark McFadden - According to a Dow Jones report, Nuclear power producer...

We continue to make progress on our nuclear projects, with four units simultaneously under construction in China and additional AP1000 units planned for the future. Our quarterly earnings also have begun to show an impact from the four nuclear units we currently are building in the United States ...

The distribution of B&W common stock is expected to occur on July 30, 2010, with McDermott stockholders receiving one share of B&W common stock for every two shares of McDermott common stock held at the close of business on July 9, 2010. Fractional shares of B&W common stock will not be distributed...

The group’s backlog at June 30, 2010 is expected to reach more than 43 billion euros, largely due to buoyant installed base business, and has risen by 1 billion euros year-on-year and by 500 million euros since December 31, 2009. - Edited by Mark McFadden - Following the Supervisory Board...

Agreement with The Tokyo Electric Power Company (TEPCO) to invest in Nuclear Innovation North America’s (NINA) STP 3&4 nuclear project - Edited by Stephen Heiser - NRG Energy, Inc. as reported net income of $58 million, or $0.22 per diluted common share for the first quarter of 2010,...

Non-GAAP EPS of $0.38 1 per share as adjusted primarily for spin-off related costs; Offshore Oil & Gas Construction segment income increases 84 percent; Spin-Off of The Babcock & Wilcox Company is on track to be complete as early as June 30, 2010 - Edited by Stephen Heiser - McDermott International...

The long-term fundamentals of the nuclear industry are positive. Cameco is prudently investing today in production growth and new technology to pursue our vision to be a dominant nuclear energy company. Our nuclear focus, financial strength and management capability support our growth plans as we build...

The group’s first quarter 2010 consolidated revenue rose 6.5% to 1.936 billion euros (+ 8.4% LFL1) compared with the first quarter of 2009. Growth was driven by the Reactors & Services Business Group (+ 18.0% LFL) - By Stephen Heiser - AREVA Revenue growth in the first quarter of 2010...

Colder Weather Improves Power Sales, Boosts Earnings - By Linton Levy - Increased demand, primarily related to colder weather, boosted sales of electricity from the Tennessee Valley Authority by nearly 10 percent in the second quarter of the 2010 fiscal year as compared with the same time a year...

The quarter-over-quarter decrease in operational earnings at Entergy Nuclear was due primarily to lower net revenue, an increase in non-fuel operation and maintenance expense and a higher effective tax rate - By April Murelio - Entergy Corporation has indicated that it expects first quarter 2010...

"We are making significant progress on our nuclear power projects in Georgia and South Carolina and expect to see increased contribution from these projects moving forward.” - By Stephen Heiser - The Shaw Group Inc. has reported quarterly net income attributable to Shaw, excluding the...

Entergy Corporation Raises Dividend, Provides Strategic Guidance - By Linton Levy - Entergy Corporation has announced that effective immediately it plans to unwind the business infrastructure associated with the proposed separate non-utility nuclear generation and nuclear services companies while...

Board of Directors adopts strategic plan addressing future of the Company - Edited by Linton Levy - Uranium Resources, Inc. (NASDAQ: URRE) (URI), has provided an update on the Company’s financial position as of the year ended December 31, 2009 and on its strategies and outlook for 2010 and...