Archive for the ‘ENERGY – Market Sector’ Category

D’Iberville man sentenced for oil spill fraud conspiracy

GULFPORT — A 34-year-old D’Iberville man has been sentenced to 10 years in prison for conspiracy to commit mail fraud and wire fraud. U.S. District Judge Sul Ozerden this week also ordered Jason Richard Woodcock to pay $105,383 in restitution to the Gulf Coast Claims Facility and $17,092 to the Mississippi Department of Employment Security. […] [...]

BP to sell part of its Gulf of Mexico stake to Chevron

NEW YORK — BP is selling part of its stake in an emerging oil-producing region in the Gulf of Mexico to Chevron, and the two companies, along with Conoco Phillips, will work to develop the fields together. Terms of the deal were not disclosed. The joint-development agreement is a way for the companies to try […] [...]

Executive: No guarantee BP would help pay subsidiary’s fines

NEW ORLEANS — An executive for the BP subsidiary that faces billions of dollars in possible fines for the 2010 Gulf of Mexico oil spill testified Tuesday that it is uncertain whether other BP entities would step in to help pay a steep penalty. The day’s first witness was Richard Morrison, regional president and chairman […] [...]

Judge names receiver for KiOR plant, but tax payment unclear

JACKSON — A Lowndes County judge has appointed a receiver to watch over KiOR’s Columbus biofuel refinery, as owners and creditors seek a buyer. Chancery Judge Kenneth Burns on Monday named Derek Henderson, a Jackson lawyer who serves as a trustee in bankruptcy cases, as the receiver for the plant. The move came at the […] [...]

Ecolab reducing Columbus workforce

COLUMBUS — Ecolab will lay off 66 workers in Columbus over the next several months as the company shifts some of its operations to a new facility in Jacksonville, Florida. Company spokesman Roman Blahoski said Columbus employees were informed of the decision this past week. He says the company is moving its manufacturing and logistics and some […] [...]

Lab owner loses challenge to 40 months in waste case

JACKSON — A federal appeals court has upheld a Mississippi environmental laboratory owner’s sentence for falsifying records on industrial wastewater samples. Tennie White was sentenced to 40 months in prison in 2013. White was the sole operator of Mississippi Environmental Analytical Laboratories Inc. White was convicted of two counts of making false statements and one […] [...]

DAVID DALLAS — Roger Wicker: Profile in discouragement

Mississippi Sen. Roger Wicker has become a voice in the Wilderness, a Lone Voice in the Wilderness. Last week the United States Senate voted 98-1, declaring, “It is the sense of the Senate that climate change is real and not a hoax.” Most folks have a hard time reading the words “Sense” and “Senate” together […] [...]

BP to call witnesses as it fights for lesser spill penalty

NEW ORLEANS — It will be oil giant BP’s turn Monday to call witnesses as it makes its case for a civil penalty lower than the $13.7 billion the federal government is seeking for the 2010 Gulf of Mexico oil spill. The second week of a three-week trial was set to begin in New Orleans. […] [...]

Entergy gives solar a shot

By Jack Weatherly Entergy will build solar facilities in three Mississippi cities. It is designated a pilot project even though solar technology has been around for decades, because it is the first of “utility scale” in Mississippi, said Aaron Hill, manager of the project for Entergy. Construction will commence in the Jackson area in the […] [...]

State’s ventures into alt-fuel markets net few jobs

Update: An earlier version of this article misstated that Khosla had controlled three companies, which was reflected in a headline.     By Jack Weatherly Solar-panel maker Stion Corp. is the only one of three alternative-energy companies that received a total of about $175 million in loans, plus other financial backing from the state of Mississippi […] [...]

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