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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

PetroChina Still Pushing for 2004 Gas Pipeline

LCG, March 14, 2002-Despite international outcry, China seeks to finalize a joint venture with Shell to build an $18 billion gas pipeline.

China plans to have the pipeline reach from northwestern Xinjiang to Shanghai by 2004, a project spanning the entire length of China. Many other international oil giants are involved with the project and are represented by Shell, including Exxon/Mobil and British Petroleum, the latter of which faced much public criticism because of its Chinese holdings.

The project will transport over 12 billion cubic meters of gas per year from western provinces to the much more populated areas of Shanghai and the Yangtze River Delta.

The process of building the pipeline has and will bring many Chinese into areas previously inhabited by minority groups such as Buddhist Tibetans and Muslim Uiygers. The influx of Han Chinese into the desert and Tibetan Plateau has already had a significant impact upon the lives of these people, and critics of the pipeline have voiced concerns that minorities may face much more than increasing population. International protest has been made worldwide regarding the treatment of Chinese minorities, and many people oppose the building of the pipeline as well as China's search for oil reserves in western China.

Petrochina controls seventy percent of China's known gas reserves and expects a ten percent annual gain in production in coming years.

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