All articles tagged with #energy deal
AMD has secured a $1 billion deal in the U.S. to supply energy solutions for next-generation supercomputers, highlighting its growing role in high-performance computing infrastructure.
Energy experts warn that Donald Trump's proposed EU oil and gas deal is unrealistic and unlikely to succeed, describing it as 'pie in the sky.'
The EU's $750 billion energy purchase pledge from the US, tied to a trade deal with Trump, faces skepticism due to unrealistic targets and logistical challenges, with much of the agreement being political rather than legally binding, and uncertainties around actual implementation and market impact.
Talen Energy's $3.5 billion acquisition of two gas-fired plants aims to support data center energy needs, leading to a 23% stock increase and positive analyst upgrades, amid broader industry investments in energy and AI infrastructure.
The Russian government has filed a lawsuit against billionaire Andrey Melnichenko, accusing him of "corrupt collusion" in the purchase of energy company Sibeco. The government is seeking to seize the company and bring Russian wealth back to the country amid the ongoing war with Ukraine. Melnichenko, the wealthiest man in Russia, purchased Sibeco from former government minister Mikhail Abyzov in 2018. Abyzov was later arrested on charges of embezzlement and defrauding shareholders. The lawsuit has been received, and a hearing is scheduled for September 7.