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Duke Energy Seeks to Extend Operating License for Robinson Nuclear Plant

LCG, April 9, 2025--Duke Energy announced yesterday its submission of a subsequent license renewal (SLR) application to the U.S. Nuclear Regulatory Commission (NRC) for the Robinson Nuclear Plant, a 759-MW nuclear unit located near Hartsville, South Carolina. The application requests extending the plant's operations for an additional 20 years.

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Gemma Power Systems Receives Notice to Proceed on a 1.2-GW Power Project in Texas

LCG, April 8, 2025--Gemma Power Systems (“Gemma”), a wholly owned subsidiary of Argan, Inc. (“Argan”), has received a notice to proceed on its previously announced engineering, procurement and construction (“EPC”) services contract with Sandow Lakes Energy Company, LLC (“SLEC”) for a 1.2-GW power plant in Lee County, Texas. Construction of the natural gas-fired, combined cycle facility is scheduled to commence this summer, with an expected project completion date in 2028

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Industry News

East Timor and Australia Discuss "Land" Rights over Timor Sea

LCG, May 7, 2002--East Timorese and Australians will attempt to come to some agreement over development of resources in the Timor Sea.

Petro Timor insists that in 1974 Portugal granted it concessions to develop oil and gas resources in the Timor Sea. After Indonesia invaded East Timor the following year, rights were awarded to other companies. In 1999, East Timor separated from Indonesia and has been since renegotiating with Australia regarding resources.

One particular issue to be discussed is the Sunrise-Troubador gas field, of which 20 percent is in areas shared by the two nations. Woodside Petroleum Ltd. Osaka Gas, Phillips Petroleum, and Royal Butch/Shell Group are currently involved in a joint venture to develop Sunrise. Australian Foreign Minister Alexander Downer says arrangements between the companies and East Timor have repercussions for Australia since Phillips is seeking Australian tax concessions to offset royalties to East Timor. However, he is optimistic that all parties will come to an acceptable resolution.
According to Downer, is is hoped that an agreement will be reached by May 20, when East Timor is due to become fully independent from U.N. administration.

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