Archive for the ‘ENERGY – Market Sector’ Category

Alabama Power closing two coal units, blames federal regulations

Alabama Power Co. says federal regulations are forcing it to close two coal-fired units at its Walker County power plant and to cease using coal at others, according to a story from the Birmingham Business Journal. The Birmingham-based utility said it will close two coal-fired units at Plant Gorgas in Walker County and work toward […] [...]

Horizon Energy optimistic after oil field recompletion

GULFPORT — Horizon Energy Corporation is reporting positive results for its exploration project in the East Texas counties of Cherokee and Rusk, and the project has entered the revenue-producing stage. The company said it is now eyeing other sites in the area that can be recompleted in similar fashion. “Recompletion projects in this area have […] [...]

Presley pressing utilities to extend small business incentives

JACKSON — In a series of letters sent to the heads of major Mississippi electric and natural gas utilities, Public Service Commissioner Brandon Presley is calling for the companies to extend the sign-up periods for new small businesses who want to take advantage of the companies’ small business incentive programs. Some utilities’ programs are set […] [...]

Polyvulc retains firm to sell facilities in Mississippi, Louisiana

VICKSBURG — Polyvulc USA Inc., an injection-molding company that recycles plastics into pier pads and FHA-approved perimeter foundation wall systems for manufactured homes, and two tire recycling businesses, has retained Heritage Equity Partners (HEP) to seek an immediate sale of the Vicksburg-based company, as well as its subsidiaries, Polyvulc Tire Recycling, LLC, a tire shredding facility in Jackson, and Winnsboro […] [...]

Horizon Energy sees 300 percent production increase from Texas well

GULFPORT — Horizon Energy Corporation’s workover and stimulation operation at the Holmes Oil Unit Number 1 in Cherokee County, Texas, has increased production 300 percent since the beginning of the project. “This operation is still coming out of initial production and we are very encouraged at the prospects going forward,” said Robert Bludorn, president and […] [...]

Chevron U.S.A.’s base oil facility begins production

PASCAGOULA — Chevron Corporation (NYSE:CVX) subsidiary Chevron U.S.A. Inc. has begun commercial production of premium base oils from a newly constructed manufacturing facility at the company’s Pascagoula refinery. Base oils produced at Pascagoula will add to capacity from the company’s refinery in Richmond, California, and a joint venture facility in Yeosu, Korea, approximately doubling Chevron’s […] [...]

Mississippi Power conducts successful tests at Kemper plant

KEMPER COUNTY — Workers at Mississippi Power’s Kemper County energy facility successfully reached two major testing milestones: testing of the combined cycle unit and pressure testing of both gasifiers. The successful completion of the tests is an indication of continued progress on putting both pieces of equipment into service. Recent testing of the combined cycle […] [...]

Entergy expects increase in as-reported, operational earnings

NEW ORLEANS — Entergy Corporation expects second quarter 2014 as-reported earnings of approximately $1.04 per share and operational earnings of approximately $1.10 per share. Results for second quarter 2013 were $0.92 per share on an as-reported basis and $1.01 per share on an operational basis. The increase in earnings reflected top line growth, particularly at […] [...]

Lab ranks TVA in top 10 in green power revenue

NORTH MISSISSIPPI — The Tennessee Valley Authority is one of the top 10 utilities for green power sales. The U.S. Department of Energy’s National Renewable Energy Laboratory ranked TVA at number nine nationally for 2013. In addition, the city of Oak Ridge was designated the U.S. Environmental Protection Agency’s first Green Power Community in the […] [...]

Hattiesburg group has doubts about future of solar roads, highways

SPOKANE, Washington — The solar panels that Idaho inventor Scott Brusaw has built aren’t meant for rooftops. They are meant for roads, driveways, parking lots, bike trails and, eventually, highways. Brusaw, an electrical engineer, says the hexagon-shaped panels can withstand the wear and tear that comes from inclement weather and vehicles, big and small, to generate […] [...]

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