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In Memory of Rajat Deb: Inspiring Man of Ideas and Remarkable Silicon Valley Archetype

By Anjuli Deb -- With deep sadness and profound appreciation, we share the passing of LCG's founder, Dr. Rajat K. Deb. He was our president and one of the first entrepreneurs in the computer revolution. He was also our friend, our teacher and mentor, and for a few of us, our father and grandfather.

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Google Sign 396 MW PPA with Fervo Energy for Geothermal Power

LCG, September 3, 2026--Fervo Energy earlier this week announced a 396-MW power purchase agreement (PPA) with Google to enable the continued development of the Cape Station enhanced geothermal systems (EGS) GeoCluster, located in southwest Utah. Under the agreement, Google will purchase carbon-free, 24/7 electricity designed to serve as a foundational building block for a potential data center in Utah. The facility is expected to come online in 2028.

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Industry News

El Paso Restates Proven Reserves Downward 35 Percent

LCG, Feb. 18, 2004--El Paso Corp. restated its proven natural gas reserves, taking a $1 billion charge based on the reduction in its reserves by 1.8 trillion cubic feet, to 2.6 trillion cubic feet.

The revision, which was announced following the close of markets yesterday, had been expected based on earlier disclosures by the company, although expectations among analysts were for a smaller restatement than was announced. The company informed the Securities and Exchange Commission that the restatement was approaching, and that if officials desired, it would provide further information.

A similar restatement was made in January, when Royal Dutch/Sheel Group of Cos. revised its estimates of proven reserves, by including 3.9 billion barrels' worth of formerly "proven" reserves of oil with totals that were considered within "scope for recovery". Proven reserves are considered recoverable, whereas the latter category indicates a lesser degree of certainty.
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