Mississippi Business Journal » moratorium

Company brings offshore drilling ban lawsuit

Associated Press — Wed, 12 Jan 2011 15:26:19 +0000

NEW ORLEANS — An offshore drilling services company is asking a federal judge to rule that government regulators have unreasonably delayed action on deepwater drilling permit applications in the aftermath of the massive Gulf oil spill. Ensco Offshore Company is seeking a preliminary injunction that would require the Interior Department to “expeditiously” process pending permit [...]

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Gulf moratorium is over but drilling has to wait

Associated Press — Thu, 14 Oct 2010 11:55:03 +0000

NEW ORLEANS – A day after the end of the federal moratorium on deepwater drilling, the Gulf oil industry was a mix of furious activity and tortured waiting around. Companies that are helping the industry meet new regulations are scrambling to keep up with increased business while oil-rig workers must remain idle until the new [...]

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Study: Drilling stoppage to cost state $8.4M

Amy McCullough — Sun, 25 Jul 2010 06:01:45 +0000

The Obama administration’s six-month moratorium on oil and natural gas drilling in the Gulf of Mexico could mean an $8.4 million decrease in state and local tax revenues for Mississippi, according to a new study. The study released by LSU professor Dr. Joseph Mason examined 33 deepwater rigs in the Gulf, from which the United [...]

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Judge sells interests in energy companies

Associated Press — Mon, 28 Jun 2010 15:23:02 +0000

NEW ORLEANS — The Louisiana federal judge who struck down a six-month ban on deepwater oil drilling has sold many of his energy investments, a financial disclosure report released late last week reveals. U.S. District Judge Martin Feldman’s disclosure report, which covers investments for 2009, shows he owned eight energy-related investments including stock in Exxon [...]

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Court to hear argument against drilling moratorium

Associated Press — Mon, 21 Jun 2010 14:29:03 +0000

NEW ORLEANS — Companies that ferry people and supplies to rigs in the Gulf of Mexico challenge President Barack Obama’s six-month moratorium on deepwater petroleum drilling. U.S. District Judge Martin L.C. Feldman is scheduled to hear Hornbeck Offshore Services’ bid for an order to lift the moratorium today. The Covington-based company claims the government suspended [...]

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Barbour to Obama: Drilling moratorium is bad

Associated Press — Mon, 14 Jun 2010 14:55:55 +0000

GULF OF MEXICO — Gov. Haley Barbour said yesterday he’ll tell President Barack Obama that the six-month moratorium on exploratory deepwater drilling in the Gulf of Mexico could hurt the U.S. economy and force oil companies to take their equipment to other countries. Obama is scheduled to arrive this morning in Gulfport, the first stop [...]

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Callon not expecting impact from moratorium

Associated Press — Tue, 08 Jun 2010 20:00:25 +0000

NATCHEZ — Officials with Callon Petroleum, which has deep-water wells in the Gulf of Mexico, say they don’t have immediate plans that will be affected by the six-month moratorium on offshore drilling. Callon spokesman Terry Trovato tells The Natchez Democrat that the company has not drilled any offshore wells in the Gulf in the last [...]

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City leaders extend business ban

Associated Press — Mon, 15 Mar 2010 14:33:17 +0000

CLINTON — New businesses, including payday and title loan shops, pawnshops and tattoo parlors, still cannot open in Clinton. For the second time, Clinton aldermen have extended a 90-day moratorium on new businesses while crafting a zoning ordinance. Although the proposal is still several months from a final draft, city leaders say the affected businesses [...]

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