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Holtec Signs Strategic Cooperation Agreement with Utah and Hi Tech Solutions to Deploy Nuclear SMRs

LCG, May 1, 2025--Holtec International (Holtec) announced the signing on April 29 of a strategic cooperation agreement with the State of Utah and Hi Tech Solutions, a leading nuclear services provider based in Kennewick, Washington, to collaborate in the deployment of Holtec's SMR-300s (small modular reactor) in Utah and the broader Mountain West region. Hi Tech will play a leading role in the project development and workforce training to support the rise of new nuclear power generation in the region.

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EPA and Texas Railroad Commission Sign Memorandum of Agreement for Permitting Geologic Storage of Carbon Dioxide

LCG, April 29, 2025--Officials from the U.S. Environmental Protection Agency (EPA) and Texas Railroad Commission (RRC) signed a memorandum of agreement (MOA) today outlining the state’s plans to administer programs related to carbon storage wells, known as Class VI wells. The MOA signing is a required step in the RRC’s application to be granted authority to permit Class VI wells in the state of Texas. EPA is currently preparing a proposed approval of RRC’s primacy application.

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Industry News

Chinese Gas Field Holds 35 Trillion Cubic Feet

LCG, Nov. 26, 2001--Proven reserves of natural gas at Changqing Oil Field, China's largest natural gas basin, exceeds a whopping 35 trillion cubic feet, the official Chinese news agency Xinhua reported yesterday.

Changqing comprises a dozen fields in the Ordos Basin which covers Shaanxi, Gansu and Shanxi provinces along with Inner Mongolia and Ningxia Hui autonomous regions. It has a combined exploration area of 143,000 square miles and is the largest onshore gas field in China.

The field began to transport oil to Ningxia, Gansu and other provinces in northwest China after the first oil pipeline was laid in 1979. Later, two gas pipelines became operational to provide gas to 15 large cities including Beijing, Tianjin and Xian.

Though natural gas accounts for only 2.1 percent of China's energy use, it amounts to about a tenth of the world's average, the news agency said.

Xinhua said exploration for natural gas in the Ordos Basin has become a strategic move in China's ongoing energy structure adjustment. The region will become a stable gas supplier to north, northeast and central China, and the steady gas supply will help Beijing and other large cities to improve air pollution.

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