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NeuVentus Receives Storage Permits for its Texas Reliability Underground (TRU) Hub Salt Cavern Storage Project

LCG, April 4, 2025--NeuVentus, LLC ("NeuVentus") announced this week the receipt of a final order from the Railroad Commission of Texas (RRC) that grants a subsidiary of NeuVentus authority to create and operate 12 salt caverns for storage of a variety of gases (including natural gas and hydrogen) and liquids at its Texas Reliability Underground Hub ("TRU Hub") salt cavern storage project located in Liberty County, Texas.

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X-energy and Dow Submit Application to the NRC to Construct an Advanced Nuclear Project in Texas

LCG, March 31, 2025--Dow and X-Energy Reactor Company, LLC ("X-energy") today announced the submission of a construction permit application to the U.S. Nuclear Regulatory Commission ("NRC") for a proposed advanced nuclear project in Seadrift, Texas. The proposed advanced small modular reactor ("SMR") project could begin construction later this decade and commence operations early next decade.

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Industry News

Israel Resumes Work on Gaza Power Plant

LCG, Aug. 20, 2001--An unnamed senior official said that Israel is to allow work on the Nuseirat power station in the northern Gaza Strip to resume this week, the Jerusalem Post reported this morning.

Moshe Karif, spokesman for the Coordinator of Government Activities in Judea, Samaria and theGaza Strip, said Israel would allow turbines arriving at Ashdod port to be transferred to the Gaza power station but did not give details on the scope of the work to be allowed at the plant.

The generating station is being built in the Erez industrial zone with the help of U.S. and Belgian firms, but work had been halted because of unrest in the area, the unnamed official said. "It's important because it supplies jobs for the Palestinians, and every (one) working is one less pair of hands for Hamas," he said anonymously.

The construction workers are Palestinians and Israeli officials would prefer their hands held construction tools rather than Klashnikov AK-47 rifles. Defense officials say that the Erez is a success and that the number of workers there is growing despite the unrest. Today, some 4,600 Palestinians are employed in the zone. That is roughly equivalent to a regiment of infantry.

The Jerusalem Post did not say how large the power plant is, but did say that its output will meet most of the coastal strip's power needs. Israel is currently providing Gaza with electricity.

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