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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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Oklo and Centrus Sign Letter of Intent to Purchase Nuclear Fuel for Aurora Powerhouse Deployment in Southern Ohio

LCG, June 19, 2026--Oklo Inc. and Centrus Energy Corp. announced yesterday a Letter of Intent under which Centrus agrees to supply enough domestic high-assay low-enriched uranium (HALEU) to power up to five of Oklo's Aurora nuclear powerhouses for multiple years, with deliveries to Oklo scheduled to begin in 2029. Centrus will supply HALEU from its American Centrifuge Plant in Pike County, Ohio to support Oklo’s planned 1.2 GW power campus in the region

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Industry News

TXU May Sell North Sea Gas Assets

LCG, Aug. 30, 2000TXU Corp. subsidiary TXU Europe said yesterday that it was considering the sale of its North Sea natural gas production business in order to devote the proceeds of such a sale to its energy trading and supply business.

This morning's issue of Financial Times said the company was in talks with four potential buyers for TXU's interests in four gas fields in the southern part of the North Sea. The value of the assets is estimated to be about 150 million ($221 million U.S.).

A TXU Europe official told the paper "Following a number of unsolicited expressions of interest, the company has decided to formalize a review of this part of the business."

TXU Europe, which owns British regional electric company Eastern Energy, paid 310 million ($456 million) earlier this month for Norweb, another REC, from United Utilities, a British firm. On Monday of this week, the company said it would assist Hidroelctrica Cantbrico, Spain's fourth-largest electricity generator, in finding a buyer for itself.

TXU Europe purchased the North Sea assets less than two years ago at a cost of about 120 million ($176 million) in two separate deals with Broken Hill Properties of Australia and Monument Oil and Gas.

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