Sakhalin II

A technician makes an inspection in a ne

Extreme cold in the US is testing power generators and grid operators like PJM who are asking customers to reduce consumption during peak demand periods. At the same time, utilities are being pressured by shareholders to close coal plants, thus increasing natural gas reliance. This piece sums up the situation in the Pittsburgh area. [Pittsburgh… Keep reading →

Lazards Merchant Bank Issues Report On Time Warner

Carl Icahn has bought up 61 million shares of Calgary-based Talisman Energy, which equates to about 6% – or $300 million worth – of the company’s stock. “This is an unfocused company that probably needs to shed more assets or be taken over completely.” Icahn previously set his sights on companies such as Chesapeake and Transocean… Keep reading →