Posts Tagged ‘energy’

Callon Petroleum stock sale for acquisitions raises $122M

NATCHEZ — Callon Petroleum Co. has raised $122 million from a stock sale, with plans to use the proceeds to pay for new oil and gas properties it plans to buy in the Permian Basin of west Texas. The Natchez-based company announced it has sold 14.38 million shares at $9 per share, paying about $7 […] [...]

CenterPoint Energy consolidates 3 smaller offices into one

by Published: September 15,2014

Tags: Business, energy, Mississippi, NEWS

CenterPoint Energy employees are settling in after moving in July to the company’s new location at 300 Executive Park Boulevard in Byram. The new building has 10,000 square feet of office space and 3,000 feet of warehouse space. There also is a training room and conference room for the staff’s use. “We consolidated the Brookhaven, […] [...]

Entergy again makes top 10 for economic development efforts

NEW ORLEANS — For the seventh consecutive year, Entergy Corporation has been named one of the nation’s top 10 utilities in economic development for 2013 by Site Selection magazine. The company was chosen for its efforts to help attract nearly $21 billion in projects, which could result in as many as 9,200 jobs across its […] [...]

Callon Petroleum to sell shares to fund acquisition in Texas

NATCHEZ — Callon Petroleum Company is selling stock to pay for new oil and gas properties it plans to buy in the Permian Basin of west Texas. The Natchez-based company will sell 12.5 million shares, giving the brokerages underwriting the sale the option to buy up to another 1.875 million shares. At current prices, Callon […] [...]

Presley calling for investigation of electric power associations

JACKSON — Northern District Public Service Commissioner Brandon Presley wants the utility regulator to investigate whether some electric power associations are holding money they should refund to their member-owners. Presley, a Democrat, said yesterday that he plans to ask the Public Service Commission at its meeting today to launch a formal inquiry. Michael Callahan, CEO […] [...]

BP possibly facing another $18B in fines after Barbier’s oil spill ruling

NEW ORLEANS — BP could be looking at close to $18 billion in additional fines over the nation’s worst offshore oil spill after a federal judge ruled yesterday that the company acted with “gross negligence” in the 2010 Gulf of Mexico disaster. U.S. District Judge Carl Barbier concluded that the London-based oil giant showed a […] [...]

Kemper County power plant costs rise another $30M

KEMPER COUNTY — Southern Co. says it will cost at least another $30 million to finish the power plant it’s building in eastern Mississippi’s Kemper County, pushing the total cost to nearly $5.6 billion. The Atlanta-based parent of Mississippi Power Co. said the additional money will pay for material and labor during the plant’s startup […] [...]

Judge rules BP’s ‘reckless conduct’ caused 2010 Gulf oil spill

NEW ORLEANS — A federal judge has ruled that BP’s reckless conduct resulted in the nation’s worst offshore oil spill, leaving the company open to billions of dollars in penalties. U.S. District Judge Carl Barbier’s ruling today could nearly quadruple the amount of civil penalties for polluting the Gulf of Mexico with oil from BP’s […] [...]

MCCULLOUGH: Common sense energy policy can work for U.S.

by Published: September 4,2014

Tags: Business, energy, Mississippi, natural gas, nuclear

If there’s one reason Washington should keep an eye on legislation south of the border, it’s so that Mexico doesn’t leave the U.S. in the dust when it comes to energy resource development. Yes, the U.S. is in the midst of its own energy boom, but neither oil and gas production nor global energy markets […] [...]

Well exploration in East Texas exceeds Horizon’s expectations

GULFPORT — Horizon Energy Corporation reports better-than-expected results for its exploration project in East Texas, and has received the first proceeds from the initial well. The well came out of workover and stimulation operations in July. Horizon is conducting the joint exploration project with Ponta E&P and is currently evaluating other drilling opportunities with Ponta […] [...]

« Previous Page Next Page »

Recent Posts

Polls

How ready is your business for health care reform?

View Results

The MBJ poll should not be considered a scientific one. Results reflect only the opinion of those who participate.

Loading ... Loading ...

Recent Comments