LONDON/TOKYO Toshiba Corp plans to withdraw from its lead role in projects to build nuclear plants in Britain and India, sources with direct knowledge of the matter said, marking a retreat as it wrestles with an imminent multi-billion dollar writedown.
TOKYO Tokyo Electric Power (Tepco), the operator of Japan's wrecked Fukushima nuclear plant, said on Monday it may have found nuclear fuel debris below the damaged No. 2 reactor, one of three that had meltdowns in the 2011 disaster.
TOKYO Toshiba Corp Chairman Shigenori Shiga is ready to step down to take responsibility for the huge writedowns looming over the Japanese group's U.S. nuclear power unit Westinghouse Electric Co LLC, the Nikkei business daily reported.
Entergy Corp's over 40-year old Indian Point nuclear power plant will be shut by 2021 because of concerns for the safety of millions of New Yorkers in and around the Big Apple, Governor Andrew Cuomo announced on Monday.
WASHINGTON The U.S. Nuclear Regulatory Commission told French nuclear power company Areva SA it will publish as early as next week the names of U.S. reactors that contain components from its Le Creusot forge that is suspected of falsifying documents despite the company's claim that the information is proprietary.
NIIGATA, Japan The governor of Japan's Niigata prefecture reiterated his opposition to the restart of Tokyo Electric Power's (Tepco) Kashiwazaki-Kariwa nuclear plant, adding it may take a few years to review the pre-conditions for restart.
Toshiba Corp's claim that it is owed $2.15 billion by Chicago Bridge & Iron Co NV (CB&I) hinges on how an independent auditor will calculate the net working capital of a U.S. nuclear power plant construction business that CB&I sold to Toshiba's Westinghouse unit last year.
Toshiba Corp said it may have to book several billion dollars in charges related to a U.S. nuclear power plant construction company acquisition, sending its stock tumbling 12 percent and rekindling concerns about its accounting acumen.
TOKYO Tokyo Electric Power (Tepco) is gauging demand for its first bond offering since the 2011 Fukushima nuclear calamity, with some market participants expecting a sale as early as February, people familiar with the plans said.
SEOUL South Korea's energy minister Joo Hyung-hwan discussed cooperation on British nuclear energy projects in a meeting in London on Thursday with Britain's business minister Greg Clark, South Korea's energy ministry said in a statement.