Tupras to study small modular reactors with backing from US agency
Turkish refiner Tupras has agreed with a US government agency to assess SMR nuclear technology over roughly one year, Reuters reports.
- published on Newsmetry
- original source published
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner. connect the api →
what happened
Turkish refiner Tupras said on Saturday that it had reached a deal with the US Trade and Development Agency (USTDA) to examine small modular reactors (SMR). The company described the project as part of its effort to weigh low-carbon energy options. Source: Reuters.
The review is expected to run about twelve months and will cover the technical maturity of different designs, licensing status, safety and security approaches, fuel supply requirements, economics and possible industrial uses. It will also look at environmental factors such as resource efficiency, waste handling and water consumption.
why it matters
For energy markets the news is more symbolic than material: it does not change refining throughput or crude demand in the near term. Still, it signals that refiners are seriously considering nuclear power as a route to cutting their carbon footprint, a trend investors watch closely across the sector.
tags
instruments
sources
- Turkish refiner Tupras signs US-backed deal to assess SMR technology — Reuters, 24 October 2026 at 17:17 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner.
get stories in real time ↗