Archive for the ‘ENERGY – Market Sector’ Category

Natural gas line fire in Rankin County

BRANDON — Rankin County firefighters are on the scene of a natural gas line rupture and fire off of Mississippi Highway 25 near Brandon. Authorities say it appears the pipeline exploded about 6:15 a.m. Wednesday on Three Prong Trail. Crews at the scene shut off the gas about 7:30 a.m. Sheriff Bryan Bailey says there […] [...]

Khosla seeks KiOR plant receiver, says Miss. ran off buyer

JACKSON — KiOR financier Vinod Khosla is asking a Mississippi state court judge to name a receiver for the company’s Columbus plant, at the same time that he’s accusing the state of scaring off a potential buyer for the shuttered biofuel refinery. Companies controlled by Khosla filed the motion Friday in Lowndes County Chancery Court, […] [...]

KiOR says Miss. seeks to destroy it in court ploy

JACKSON — Bankrupt biofuel maker KiOR and controlling shareholder Vinod Khosla say the state of Mississippi is using legal tactics in an attempt to squeeze money from the company. KiOR, based in Pasadena, Texas, fired back Thursday at the Mississippi Development Authority’s December call to convert KiOR’s case from Chapter 11 reorganization into Chapter 7 […] [...]

Obama administration sued over Gulf of Mexico fracking info

by Published: January 8,2015

Tags: Business, energy, Gulf Coast, gulf of mexico, Mississippi, NEWS

GAINESVILLE — An environmental advocacy group is suing the Obama administration in federal court for refusing to release documents detailing the extent of fracking in the Gulf of Mexico. The Center for Biological Diversity filed the lawsuit Thursday in U.S District Court in Washington, saying the Bureau of Ocean Energy Management has refused to comply […] [...]

Mississippi tries to force KiOR into liquidation

JACKSON — The state of Mississippi is trying to force biofuel maker KiOR into liquidation. The company filed for Chapter 11 reorganization last year, with plans for controlling shareholder and financier Vinod Khosla to buy what’s left of the company. But the Mississippi Development Authority says that’s an inappropriate attempt to dump debt while allowing […] [...]

Mississippi groups attack carbon dioxide limits, say unreasonable

JACKSON — Mississippi regulators and utilities are savaging the federal government’s proposal to force Mississippi power plants to cut carbon dioxide emissions. In comments filed in December, leaders of utilities, state agencies and business groups called the U.S. Environmental Protection Agency’s Clean Power Plan illegal, infeasible and economically unbearable. The EPA announced specific targets for […] [...]

Presley running again for Miss. utility commission

by Published: December 31,2014

Tags: Brandon Presley, Business, energy, Mississippi, NEWS

JACKSON — Democrat Brandon Presley says he’s seeking a third term on the Mississippi Public Service Commission. The 37-year-old says people from across the political spectrum encouraged him to run for governor or other offices in 2015. But he says he wants to serve another four years as the northern district member of the utility […] [...]

Posey not running for re-election to Miss. PSC

JACKSON — Lynn Posey said Tuesday that he won’t seek a third term as the central district member of the Mississippi Public Service Commission. Posey, of Union Church, was elected to the three-person utility regulation board in 2007 and 2011. He served 20 years in the state Senate, chairing the Wildlife Committee 16 years. He […] [...]

Entergy plans three solar-power pilot projects

by Published: December 22,2014

Tags: Business, Entergy, Mississippi, NEWS, Okolona, solar energy, Stion

The Mississippi Public Service Commission has approved three solar power projects to be constructed by Entergy. The pilot projects, the first to be sponsored by a utility, will be built in Senatobia, Jackson and Brookhaven, Northern District Commissioner Brandon Presley said in a news release. Each will have the capacity to generate 500,000 kilowatts of […] [...]

Comstock quits Tuscaloosa play on falling prices

MCCOMB — A second oil company is stopping drilling in the Tuscaloosa Marine Shale because of falling oil prices. Comstock Resources, based in Frisco, Texas, said Thursday that it would stop drilling in the oil region, which straddles the state line between southwest Mississippi and Louisiana’s Florida Parishes. “Comstock has released its rig in the […] [...]

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