Archive for the ‘ENERGY – Market Sector’ Category

Presley alerts farmers to new sales tax break on energy bills

JACKSON — Public Service Commissioner Brandon Presley is notifying agricultural businesses in Mississippi of a change in tax law that may lower their utility bills. The change, which went into effect July 1, exempts certain agricultural business from being charged state sales tax on their energy bills, particularly bills for electric and natural gas service. […] [...]

Ergon plans significant expansion of Appalachian operations

JACKSON — Ergon Inc. plans to enhance its subsidiaries’ facilities in the Appalachian Basin. The Appalachian Basin comprises the Marcellus Shale and Utica Shale Plays. Several Ergon subsidiaries, including Ergon-West Virginia Inc., its refinery, acquired from Quaker State in 1997, Ergon Oil Purchasing Inc., Ergon Terminaling Inc., Ergon Trucking Inc. and Magnolia Marine Transport Company, […] [...]

Horizon to implement Intellipumper in Texas oil field

GULFPORT — Horizon Energy Corporation’s Intellipumper will be placed in operation at its East Texas site on the Holmes Oil Unit Number 1 in Cherokee County, Texas. The Intellipumper is a rod pump control solution designed to optimize the reliability and energy efficiency of pump wells. “The Intellipumper will improve the performance of each individual […] [...]

Horizon ‘optimistic’ after testing in Texas shows oil, gas

GULFPORT — Horizon Energy Corporation is “optimistic” after fracture stimulation testing at the Holmes Oil Unit Number 1 in Cherokee County, Texas. Swabbing procedures have confirmed the presence of oil and gas in sufficient quantities to warrant scheduling production. A workover rig will arrive onsite within the next two weeks to put pump equipment back […] [...]

Judge rules against MDA’s regulations on offshore leases

GULF OF MEXICO — A Hinds County judge says the state must write a better economic impact statement on proposed offshore natural gas and oil exploration in parts of the Mississippi Sound before it can enact rules to lease areas that could be drilled. “A cursory reading of the EIS finds that it is severely […] [...]

Horizon Energy rolls out Intellipumper for digital oil fields

GULFPORT — Horizon Energy Corporation (OTCQB:HORI) has introduced the Intellipumper, a new rod pump control solution to optimize the reliability and energy efficiency of pump wells. The Intellipumper was designed for digital oilfields and comes ready for use, featuring cable-free installation, integrated supervisory control and data acquisition (SCADA) communications, wireless control and low maintenance. “Our […] [...]

Biofuel manufacturer KiOR begins layoffs at Columbus plant

COLUMBUS — Biofuel maker KiOR is laying off employees as it idles its Mississippi refinery, intensifying questions about the future of the cash-strapped company. The company said yesterday that it has cut 18 employees. KiOR, based in Pasadena, Texas, said 55 employees remain at the Columbus plant. “Given the company’s limited cash flow, we do […] [...]

Trustee wants to hire Maryland firm to sell frac sand facility, mine

PICAYUNE — Richard W. Cryar, as Chapter 11 trustee for Alliance Consulting Group, LLC, has filed a motion with the U.S. Bankruptcy Court for the Southern District of Mississippi to hire Heritage Equity Partners (HEP) of Easton, Md., to seek a buyer for a recently built frac sand dry processing plant in conjunction with a […] [...]

Following Commerce ruling, Stion ramping up production

HATTIESBURG — Stion, a manufacturer of high-efficiency thin-film solar modules and provider of photovoltaic solar solutions, will increase manufacturing capacity of its next-generation Elevation Series CIGS solar modules for the second half of 2014, and continue to ramp up for increased 2015 demand precipitated by the news of the U.S. Department of Commerce’s preliminary tariffs […] [...]

TVA launches initiative to study small power-producing sites

NORTH MISSISSIPPI — The Tennessee Valley Authority is studying the value of electricity produced from small, dispersed sites, such as solar, wind or small gas turbine installations. According to a news release from the utility, the initiative will develop methods to set the value of distributed generation to the electric grid and the value of […] [...]

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