Archive for the ‘ENERGY – Market Sector’ Category

Kemper County plant will cost at least another $496M to complete

KEMPER COUNTY — Southern Co. says it will cost at least another $496 million to finish the power plant it’s building in eastern Mississippi’s Kemper County, pushing the total cost above $6.1 billion. And, unlike other recent overruns, customers could have to pay $167 million of the charges if regulators agree. The Atlanta-based parent of […] [...]

BP oil spill leaves Rhode Island-sized ring on bottom of Gulf floor

GULF OF MEXICO — The BP oil spill left an oily “bathub ring” on the sea floor that’s about the size of Rhode Island, new research shows. The study by David Valentine, the chief scientist on the federal damage assessment research ships, estimates that about 10 million gallons of oil coagulated on the floor of […] [...]

BlueFire looks to China for financing of biofuel plant

FULTON — A California-based biofuel company says the Export Import Bank of China may loan up to $270 million to build a plant in Fulton. BlueFire Renewables Inc. of Irvine, California, says the bank has signed a letter of intent. The U.S. Department of Energy ended funding to BlueFire last year after disbursing $12 million […] [...]

Downtown the Sequel: Utilities consulting firm returning to CBD with Regions’ lease

by Published: October 27,2014

Tags: Business, energy, Mississippi, NEWS, utilities

Utility Management Corp. is returning to downtown Jackson after several years in Flowood. A utilities consulting firm and oil and gas broker, Utility Management had its offices in the 111 E. Capitol St. building from its inception in 1987 through 2009.  It will move into a 7,000 square-foot space on the 11th floor of Regions […] [...]

MSU researchers looking at safe handling of radioactive materials

STARKVILLE — If released in significant quantities, radioactive materials pose a potential threat to people and the environment. Now, new research at Mississippi State University is helping the nuclear industry ensure that radioactive materials continue to be safely contained and that standards of safety are continuously improved. MSU’s Institute for Clean Energy Technology (ICET) is […] [...]

PSC sticks to order allowing domestic violence victims to delay utility deposits

JACKSON — The Mississippi Public Service Commission won’t reconsider its order to let victims of domestic violence delay paying utility deposits for 60 days, setting up a possible legal showdown over the regulator’s authority over rural water association and electrical cooperatives. The commission voted 3-0 yesterday to deny a request from rural water associations and […] [...]

Entergy expects drop in quarterly as-reported earnings compared to last year

NEW ORLEANS — Entergy Corporation expects third quarter 2014 as-reported earnings of approximately $1.26 per share and operational earnings of approximately $1.67 per share. Results for third quarter 2013 were $1.34 per share on an as-reported basis and $2.41 per share on an operational basis. The Utility posted another quarter-over-quarter of industrial sales growth, led […] [...]

Gulf oil and gas leases to go up for sale in March

GULF OF MEXICO — Oil and gas leases for 40 million acres off the coasts of Louisiana, Mississippi and Alabama will be offered by the federal government in a March sale at the Superdome in New Orleans, the Bureau of Ocean Energy Management said Friday. The sale will include approximately 7,611 blocks, covering 40.5 million […] [...]

Texas company sites warehouse/plant in Southeast Mississippi

SUMMIT — A Houston oil-field services company is locating a new facility in Summit that will warehouse and eventually manufacture drilling fluids for oil drillers in the Tuscaloosa Marine Shale formation. Newpark Drilling Fluids officials say the project will create 40 new jobs. Tuscaloosa Marine Shale formation is located in southwest Mississippi and central Louisiana. […] [...]

BP makes its case for the firing of oil spill administrator

NEW ORLEANS — A move by oil giant BP to have a court fire the administrator of a damage claims settlement arising from the 2010 BP oil spill was opposed yesterday by the administrator as well as by lawyers for Gulf Coast interests claiming harm from the disaster. BP had filed a federal court motion […] [...]

« Previous Page Next Page »

Recent Posts

Polls

How ready is your business for health care reform?

View Results

The MBJ poll should not be considered a scientific one. Results reflect only the opinion of those who participate.

Loading ... Loading ...

Recent Comments