Archive for the ‘ENERGY – Market Sector’ Category

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 […] [...]

USM reports $10M-plus in savings from energy-efficiency efforts

HATTIESBURG — The University of Southern Mississippi has undertaken significant changes in energy consumption and efficiency that have resulted in a savings of more than $10 million since 2009, according to USM. Facilities across the Hattiesburg campus — including those designated for academics, athletics, residence life and dining — continue to be examined to determine […] [...]

Entergy Mississippi unveils energy-efficiency, cost-cutting programs

JACKSON — Entergy Mississippi is launching a number of programs designed to help improve energy efficiency and save money on bills. “The Mississippi Public Service Commission wanted utilities to create more opportunities for customers to save money on their electric bills through energy efficiency,” said Haley Fisackerly, Entergy Mississippi president and CEO. “Entergy Solutions is […] [...]

Bryant hires ex-MDEQ leader Fisher as consultant

JACKSON — Gov. Phil Bryant has hired the former director of the Mississippi Department of Environmental Quality as a consultant. The contract with Trudy Fisher, dated Sept. 5, says she will advise the governor on energy policy, environmental and restoration policy and provide support in court cases. The agreement is good for six months and […] [...]

Treasury okays rule for dividing oil spill recovery trust funds

GULF COAST — The U.S. Treasury Department says it has cleared the way for Gulf Coast state and local governments to begin applying for recovery grants through a federal RESTORE Act trust fund fed with civil penalties arising from the 2010 BP oil spill. A department statement says that, so far, the trust fund has […] [...]

Ergon expanding Vicksburg refinery, spending $150M

VICKSBURG — Ergon Inc. says it will spend $150 million to expand its Vicksburg refinery. The Flowood-based private company said yesterday that it would enhance parts of the refinery and expand its tank farm. It said the changes, in addition to allowing it to make more products, would allow Ergon to feed the refinery with […] [...]

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