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Blue Energy has received regulatory approval from the Nuclear Regulatory Commission (NRC) to begin construction on its natural gas and nuclear power plant in Texas. This facility aims to be the world's first gas-to-nuclear conversion plant and is set to start construction in the second quarter of this year, with power generation expected by 2030.

In a separate development, US Energy Secretary Chris Wright announced plans for the US to sell Venezuelan oil indefinitely, directing proceeds back to benefit the Venezuelan people. The US recently seized two oil tankers linked to sanctioned Venezuelan oil.

Additionally, the Trump administration has finalized a rollback of regulations under the National Environmental Policy Act to expedite federal permitting processes. This move has faced criticism but is part of ongoing permitting reform discussions in Congress, which remain stalled.