Posts Tagged ‘energy’

County borrowing to buy land from alternative fuels company

NATCHEZ — Adams County will borrow the $9 million it now needs to buy the former International Paper property from Rentech. County officials announced earlier this week they had reached a deal with Rentech for the 478-acre property. Officials tell the Natchez Democrat the board of supervisors will adopt a resolution to issue bonds for the [...] [...]

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. [...] [...]

Solar power company inks letter with manufacturer

GULFPORT — Solar America Corp. has signed a letter of intent with L&G Energy Solutions, a commercial manufacturer of energy management devices including LED lighting and solar equipment. L&G Energy Solutions, based in Round Rock, Texas, is a clean tech company building products aimed at reducing energy consumption. According to the provisions of the LOI, [...] [...]

Energy company looking to sell interest in Gulf oil field

by Associated Press Published: April 30,2013

Tags: crude oil, diesel, energy, fuel, gasoline, natural gas, offshore drilling, Oil, oil field, petroleum, sale, sell

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 [...] [...]

Beachcombers can look for research project’s ‘drift cards’

GULF OF MEXICO — A Texas A&M University research program could put cash in a finder’s pocket for something that washes ashore along the Gulf of Mexico. So-called “drift cards” are meant to study ocean currents. People who report the location of the biodegradable notes will be eligible to win a $25 gift card. Piers [...] [...]

Massive LNG storage tank makes journey to Coast

by MBJ Staff Published: April 25,2013

Tags: energy, LNG, lquified natural gas, natural gas, state agency, storage tank, transportation, travel

SOUTH MISSISSIPPI — Motorists in South Mississippi had a “little” something to watch out for yesterday. Mississippi Department of Transportation (MDOT) officials and local law enforcement officers assisted MEF Transportation, LLC in moving an empty liquefied natural gas (LNG) storage tank from the Louisiana state line at Natchez to Seaway Road in Gulfport. This 190 [...] [...]

Southern’s earnings impacted by increased Kemper plant cost

ATLANTA — Southern Company, the parent of Mississippi Power Co., reports first quarter 2013 earnings of $81 million, or 9 cents a share, compared with earnings of $368 million, or 42 cents a share, in the first quarter of 2012. The first quarter results include two charges against earnings – a $333-million (38 cents per [...] [...]

Governor signs fracking bill as database comes under scrutiny

by Associated Press Published: April 25,2013

Tags: bill, crude oil, database, energy, executive, fracking, governor, law, legislation, natural gas, oil well, state government

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. [...] [...]

TVA names DayBrite Innovator of the Year

TUPELO — The Tennessee Valley Authority has honored regional businesses, local power distributors and other local leaders for exceptional leadership and participation in TVA’s Green Power Switch renewable energy program in 2012. Green Power Switch Leadership Awards were presented in 13 categories in a special ceremony in Gatlinburg, Tenn. Launched in 2000, Green Power Switch [...] [...]

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 [...] [...]

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