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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

El Paso Sells Coal and Natural Gas Assets

LCG, November 7, 2002-El Paso Corp. plans to sell over a half a billion dollars worth of assets.

El Paso, the continent's largest pipeline company, has announced the sale or future sale of some of its coal reserves, coal properties, and gas-related assets.

El Paso has said Natural Resource Partners L.P. intends to buy Coastal Coal's reserves in areas of West Virginia and Virginia for $69 million.

Westport Resources company plans to buy natural gas sources in Utah for $502 million. Uintah Basin and Ouray Fields have a combined total of over 1,000 wells, producing roughly 80 million cubic feet of gas per day.

Currently, El Paso Corporation is under scrutiny for allegedly restricting gas supply to California during the California energy crisis of 2000/2001.

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