Posts Tagged ‘gas’

Court rules schools do not have to share Chevron tax payments

by Associated Press Published: April 13,2012

Tags: county government, courts, education, energy, gas, judges, judicial, judiciary, Oil, petroleum, REFINERY, schools, students, taxes, teachers

PASCAGOULA — A 2007 state law is unconstitutional in requiring the Pascagoula School District to share some tax dollars generated from Chevron facilities with other districts, the Mississippi Supreme Court ruled yesterday. The ruling overturned a decision by a Jackson County judge who upheld the law. The Supreme Court had heard the Pascagoula School District’s [...] [...]

Shell says oil slick is not coming from its Gulf operations

GULF OF MEXICO — Royal Dutch Shell says it is confident a 10-mile oil sheen spotted in the Gulf of Mexico off the Louisiana coast did not originate from its operations in the area. In a statement today, the company says it found no sign of leaks and ruled out any well-control issues associated with [...] [...]

Coast Guard investigating reports of 10-mile-long Gulf oil slick

GULF OF MEXICO — The U.S. Coast Guard is checking reports of a 10-mile oil slick in the Gulf of Mexico near wells operated by Shell Oil. Petty Officer Steve Lehmann in New Orleans said a helicopter with a pollution officer on board was headed out today to determine where the oil was coming from. [...] [...]

Airgas buys Hattiesburg welding supplier for undisclosed sum

by MBJ Staff Published: April 2,2012

Tags: acquisition, equipment, gas, industrial gas, merger, specialty gas, supplies, weld, welding

HATTIESBURG — Industrial and specialty gas distributor Airgas Inc. has bought a Mississippi-based gas company, expanding its distribution network in three southern states. Airgas did not disclose the price it paid for Industrial Welding Supplies of Hattiesburg, LLC, which does business as Nordan Smith. The privately held Hattiesburg-based company distributes gasses for industrial and medical [...] [...]

Victory acquires stores, accounts from Cloutier Oil

by Associated Press Published: March 29,2012

Tags: acquisitions, convenience stores, food, gas, gasoline, groceries, marts, mergers, Oil, petroleum, retail, stores

NATCHEZ and RIDGELAND — Ridgeland-based Victory Properties has bought 11 convenience stores and nine dealer accounts of Cloutier Oil in Natchez. Lawrie Cloutier, owner of Cloutier Oil, tells the Natchez Democrat the sale was completed March 19. Terms were not disclosed. Cloutier Oil was started Oct. 1, 1958, and originally served commercial businesses that had [...] [...]

Unannounced, mystery sand-drying plant recruiting workers

by Associated Press Published: March 28,2012

Tags: economic development, employment, gas, jobs, manufacturer, manufacturing, media, Oil, petroleum, plant, recruitment, sand-drying, workers

PICAYUNE — A company building a sand-drying plant to service the oil industry will be taking applications Friday and Saturday for 40 to 50 jobs. The job recruiting will take place at Picayune City Hall. The Picayune Item reports Alliance Consulting Group, LLC has advertised in the newspaper for a plant manager, laboratory manager, production [...] [...]

Transocean chief executive hoping for comprehensive oil spill settlement

NEW ORLEANS — The head of Transocean Ltd. says the company is hoping for a comprehensive legal settlement of claims resulting from the BP oil spill. Transocean chief executive Steve Newman told a conference of investment analysts in New Orleans today such a settlement would have “to recognize the relationship” between a drilling company and [...] [...]

Hood hires ex-Attorney General Moore to handle BP oil spill claims

JACKSON — Mississippi Attorney General Jim Hood confirmed yesterday to The Associated Press that he has hired former Attorney General Mike Moore and others to handle the state’s claims against BP PLC stemming from the 2010 Gulf of Mexico oil spill. Hood hired fellow Democrat Moore, plus former state Supreme Court Justice Reuben Anderson and [...] [...]

Callon reports improved earnings for quarter, year

by MBJ Staff Published: March 19,2012

Tags: earnings, energy, gas, net income, Oil, petroleum, publicly traded compasny, revenues

NATCHEZ — For the year ended Dec. 31, 2011, Callon Petroleum reported net income of $104.1 million or $2.70 per fully diluted share, as compared to $8.4 million or $0.28 per share for the year ended December 31, 2010. Included in net income is an income tax benefit of $67 million, primarily related to the [...] [...]

Environmentalists file lawsuit to block offshore drilling

GULF OF MEXICO — The Mississippi Sierra Club and The Gulf Restoration Network have asked a Hinds County judge to block the state from enacting new regulations on offshore drilling. Dan Turner, spokesman for the Mississippi Development Authority, said he has not seen the lawsuit and cannot comment. The groups contend the process is moving [...] [...]

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