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SLB’s ChampionX Deal Clears Final Hurdle With UK Approval

Energy Topics & Technology, Latest, Mergers and Acquisitions, US News / By

(Reuters) – Britain’s antitrust watchdog has cleared oilfield services firm SLB’s $8 billion acquisition of ChampionX after accepting commitments to address competition concerns, with the deal set to close on Wednesday. The UK’s Competition and Markets Authority accepted commitments from SLB and ChampionX instead of launching a more detailed Phase 2 investigation, it said on …

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Blackstone to Invest $25 bln in Data Centers and Natural Gas Plants, COO Says

Conventional Energy, Latest, Natural Gas, US News / By

(Reuters) – Asset management firm Blackstone will announce on Tuesday a $25 billion investment in data centers and energy infrastructure in Pennsylvania, Chief Operating Officer Jon Gray said at a panel at the Energy and Innovation Summit in Pittsburgh. Gray said Blackstone had identified several sites to build large data centers and would also later …

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Germany’s Wind Power Expansion Picks Up, But Targets Still Missed, Says Lobby

CDN and International News, Latest, Renewable Energy, Wind / By

BERLIN, July 15 (Reuters) – Germany’s onshore wind power sector recorded its strongest half-year since 2017, but the expansion still falls short of the legally mandated targets, the BWE wind power lobby said on Tuesday. Berlin aims to source 80% of Germany’s electricity from renewable energy by 2030, a goal accelerated by recent reforms and …

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COMMENTARY: Markets Call Trump’s Bluff on Russian Oil Sanctions in Increasingly Risky Game – Bousso

Conventional Energy, Energy Commentary, Energy Topics & Technology, Latest, Oil, US News / By

By Ron Bousso Oil markets discount risk of Trump hitting Russia with secondary sanctions Russia produces nearly 10% of global oil, is the third largest exporter Secondary sanctions could lead to severe energy price shock, inflation LONDON, July 15 – U.S. President Donald Trump’s threat to choke off Russia’s oil revenue via secondary sanctions would …

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Google Inks $3 Billion US Hydropower Deal in Largest Clean Energy Agreement of its Kind

Artificial Inteligence, Electricity Grid, Energy Topics & Technology, Hydro, Latest, Renewable Energy, US News / By

By Laila Kearney NEW YORK, July 15 (Reuters) – Google has agreed to secure as much as 3 gigawatts of U.S. hydropower in the world’s largest corporate clean power pact for hydroelectricity, the company said on Tuesday, as Big Tech pursues the expansion of energy-hungry data centers. The deal between Google and Brookfield Asset Management …

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Trump Joins Tech and Energy Executives Amid AI Push

Artificial Inteligence, Electricity Grid, Energy Topics & Technology, Latest, US News / By

By Jarrett Renshaw Trump to announce some $90 bln in energy and data center investments in Pennsylvania The event comes as White House prepares executive orders to boost AI and data centers Big Tech is scrambling to access a strained national power grid to power the energy-guzzling data centers PITTSBURGH, Pennsylvania, July 15 (Reuters) – …

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Russia Does Not Care About Trump’s ‘Theatrical Ultimatum’, Senior Official Says

Latest, US News / By

Russia does not care about U.S. President Donald Trump’s “theatrical ultimatum” about slapping sanctions on buyers of Russian exports unless Moscow agrees to a peace deal in Ukraine, a senior security official said on Tuesday. Trump, sitting beside NATO Secretary General Mark Rutte in the Oval Office, on Monday, announced new weapons for Ukraine and …

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