Posts Tagged ‘crude oil’

State leaders ask Washington for more offshore drilling

GULF OF MEXICO — Six coastal governors have called on Washington to open up more waters to offshore drilling and to make permitting a quicker, more efficient process. The governors of Texas, North Carolina, South Carolina, Alabama, Mississippi and Alaska spoke Monday at the Offshore Technology Conference in Houston. Officials from Louisiana and Virginia also […] [...]

Governor unveils Coast projects funded by BP money

MISSISSIPPI GULF COAST — BP PLC is paying $69 million for interactive exhibits at a Hancock County science center, a concrete pathway on the beach at Pascagoula, up to six miles of shoreline and improvements at a park as part of Mississippi Gulf Coast restoration from the Deepwater Horizon oil spill, Gov. Phil Bryant said. […] [...]

Energy company looking to sell interest in Gulf oil field

NATCHEZ — Callon Petroleum Co. says it’s trying to sell its interest in a Gulf of Mexico oil field. The company announced its board has authorized Jeffries LLC to try to sell its 15 percent interest in the Medusa deep-water field and 10 percent in Medusa Spar LLC, the company that owns the production platform […] [...]

Governor signs fracking bill as database comes under scrutiny

JACKSON — Legislation to lower the Mississippi severance tax on hydraulically fractured oil wells from 6 percent to 1.25 percent for first 30 months of well production has been signed into law by Gov. Phil Bryant. House Bill 1698 also will allow counties where fracking is occurring to keep a larger share of tax proceeds. […] [...]

Supervisors reaffirm opposition to drilling near islands

GULF OF MEXICO — Harrison County supervisors approved a resolution that reiterates their opposition to oil and gas drilling in the Mississippi Sound and within 12 miles south of the barrier islands. The Sun Herald reports the board has passed similar resolutions over the years, and yesterday voted to again oppose the idea. Supervisor Marlin […] [...]

State becomes third to sue BP over 2010 oil spill

JACKSON — Mississippi has become the third state to sue BP PLC over the 2010 Gulf of Mexico oil spill. Attorney General Jim Hood announced the state had filed lawsuits in federal and state court. The move comes one day before the three-year statute of limitations expires for claims related to the April 20, 2010, […] [...]

Judge rejects BP’s request to block oil spill payouts

NEW ORLEANS — A federal judge has rejected BP’s request to block what could be billions of dollars in settlement payouts to businesses who claim the company’s 2010 oil spill in the Gulf of Mexico cost them money. Before a hearing today, U.S. District Judge Carl Barbier already had upheld court-appointed claims administrator Patrick Juneau’s […] [...]

Refinery makes $1M donation to Audubon Society programs

PASCAGOULA — The Chevron Pascagoula Refinery is donating $1 million to the Pascagoula River Audubon Center and another National Audubon Society program, the Mississippi Flyway. The Sun Herald reports the majority of the money will go to support operations and educational programs for a new $2 million center, soon to be built on 10 acres […] [...]

Gulf oil and gas lease sale pulls in $1.2B in bids

GULF OF MEXICO — A nearly 39 million-acre oil and gas lease sale yesterday for the central Gulf of Mexico drew $1.2 billion in high bids by offshore energy producers. The Bureau of Ocean Energy Management said 52 companies submitted 407 bids on 320 tracts, three to 230 miles off the coasts of Louisiana, Alabama […] [...]

Salazar to attend federal oil and gas lease sale

GULF OF MEXICO — U.S. Interior Secretary Ken Salazar will be on hand when federal regulators put more than 38 million acres in the central Gulf of Mexico up for bid to offshore energy producers. The sale in New Orleans will begin at 9 a.m. today in the Superdome and include about 7,299 federally-owned drilling […] [...]

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