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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

UBS Warburg to Reduce Trading, Leave Houston

LCG, Dec. 11, 2002--The energy trading operations of UBS Warburg Energy, a unit of Swiss investment bank UBS Warburg, will be reduced through layoffs of three-quarters of the company's Houston staff, following the cessation of trading through its online platform.

UBS Warburg's energy trading staff in Houston, which will become 90 from the present level of 380, will be brought to Stamford, Connecticut, while the Houston office will be closed. The bank has about 3,000 staff in Stamford currently. The changes are expected to be finalized by the first quarter of 2003. Ongoing trading will be conducted by telephone, a spokeswoman said.

Much of the trading operations, including the online trading platform UBSWEnergy.com, were acquired from bankrupt Enron Corp. with the understanding that 33 percent of any profits would go to Enron. The unit has been run by Enron's former president and chief operating officer, Lawrence "Greg" Whalley. UBS Warburg would not comment on Whalley's future, which is made uncertain by his being named a defendant in lawsuits against Enron.
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