Famous

Activist shareholder Carl Icahn, famous for shaking up management teams at what he considers undervalued companies, now holds about 5.8% of Chesapeake Energy Corp., according to a filing with the Securities and Exchange Commission (SEC).

Borrowing liberally from Mark Twain’s famous quote, it would appear that reports of the death of coal as a power plant fuel “have been greatly exaggerated” as the siting competition for the Department of Energy’s (DOE) FutureGen clean coal power project continues to heat up. Last week, Ohio joined the growing alliance of coal producing and consuming states in support of locating the federal FutureGen project in Illinois, noting that it is “essential” to site the project in a location that will maximize the transferability of the project’s technology.

March gas futures inched 5.4 cents lower Friday to $7.476 in a very quiet day of trading on this rare Feb. 2 when the famous Punxsutawney, PA groundhog failed to see his shadow, presaging an early spring. Little was revealed about what’s in store for this week, which is widely expected to be the coldest of the year for the Lower 48.

With volatile swings and record high prices over the past few years, the segment that “Enron made famous — energy trading — is springing to life again,” according to a new report by Dublin, Ireland-based Research and Markets.

With volatile swings and record high prices over the past few years, the segment that “Enron made famous — energy trading — is springing to life again,” according to a new report by Dublin, Ireland-based Research and Markets.

Former Federal Reserve Chairman Alan Greenspan coined his famous phrase “irrational exuberance” in late 1996; what followed — albeit a few years later — was the dot-com bust. Now, nearly a decade later Greenspan’s prescient commentary is being applied to the exploration and production (E&P) industry.

Former Federal Reserve Chairman Alan Greenspan coined his famous phrase “irrational exuberance” in late 1996; what followed — albeit a few years later — was the dot-com bust. Now, nearly a decade later Greenspan’s prescient commentary is being applied to the exploration and production (E&P) industry.

Chromium 6 — the toxic chemical that made Erin Brockovich famous four years ago through a motion picture — has surfaced as an issue again related to Pacific Gas and Electric Co.’s natural gas transmission system at the Arizona-California border.

Chromium 6 — the toxic chemical that made famous Erin Brockovich, the woman and the motion picture, four years ago — has surfaced as an issue again related to Pacific Gas and Electric Co.’s natural gas transmission system at the Arizona-California border.