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Chevron fires opening salvo in battle over new Namibia exploration play - Upstream Online

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Chevron fires opening salvo in battle over new Namibia exploration play | Upstream

Chevron fires opening salvo in battle over new Namibia exploration play

US giant strikes deal for block in heart of Walvis basin where a petroleum system has been proven by previous wells

Related Knowledge Center: ENERGY BASICS: nuclear

State of Play

Nuclear energy provides almost 20 percent of the U.S. electricity supply. Advocates have called for an expanded role for nuclear as an emissions-free fuel source. But the economics of building new reactors are daunting. In addition, lingering safety concerns are an institutionalized part of the calculation of nuclear regulation, and highly radioactive nuclear waste remains a can that public officials have been inclined to kick down the road. The Energy Information Administration projects a sharp decline in nuclear power generation over the next decade, as new nuclear plants — two are planned — are more than offset by anticipated retirements of several operating reactors.

More informationabout ENERGY BASICS: nuclear