Posts Tagged ‘natural gas’

Company accused of dumping oil in Gulf of Mexico

by Associated Press Published: February 12,2013

Tags: ecosystem, energy, environment, federal government, illegal dumping, natural gas, offshore drilling, Oil, oilrig, wildlife

GULF OF MEXICO — The Justice Department is suing a Houston, Texas-based company it accuses of illegally discharging oil from a platform in the Gulf of Mexico. The federal lawsuit says ATP Oil & Gas Corp.’s alleged Clean Water Act violations were discovered during an Interior Department inspection in March 2012. The suit claims ATP [...] [...]

BP oil spill committee to release plan in July

NEW ORLEANS — The committee set up to manage most environmental fines going to the states affected by the BP oil spill of 2010 says it will release its plan July 6. The Courier of Houma, La., reports that a seven-page document released last week by the Gulf Coast Ecosystem Restoration Council includes a list [...] [...]

Aldermen weigh whether to allow fracking in city limits

CALEDONIA — With the decision of the Caledonia Board of Alderman to allow fracking within the town’s city limits, what has been a national issue is now a local one. The questions emerge: Is it safe? If so, what would fracking mean to the small town? There is no consensus on either question. Hydraulic fracturing [...] [...]

BP oil spill damage claims exceed $1B

ACROSS MISSISSIPPI — Businesses and individuals who claim BP’s oil spill in the Gulf of Mexico cost them money have been paid more than $1 billion through the company’s class-action settlement with a team of private plaintiffs’ attorneys, court-supervised claims administrator Patrick Juneau said. Juneau said the payments reached the $1-billion mark before the end [...] [...]

City borrowing from gas fund to meet obligations

by Associated Press Published: January 7,2013

Tags: appropriation, borrow, budget, city, emergency, energy, finaces, fund, government, loan, municipal, municipality, natural gas, property, tax

OLIVE BRANCH — Olive Branch officials will borrow $1 million from the city’s natural gas fund to meet financial obligations. Mayor Sam Rikard tells the Commercial Appeal the funds would be repaid with interest once property tax collections come in. It’s not uncommon for cities to take out tax anticipation loans. Officials may borrow from [...] [...]

Justice reaches $1.4B settlement with Transocean for oil spill

GULF OF MEXICO — The Justice Department has reached a $1.4-billion settlement with Transocean Ltd., the owner of the drilling rig that sank after an explosion killed 11 workers and spawned the massive 2010 oil spill in the Gulf of Mexico. Two people with knowledge of the negotiations say Switzerland-based Transocean would pay the money [...] [...]

Entergy raising rates; cites storm, fuel costs, acquisitions

JACKSON — Entergy Mississippi customers will see a rate increase of about 5 percent in early 2013, according to the utility. The typical residential customer using 1,000 kWh will pay $95.63 in January and $99.71 in February. For comparison, in February 2012, the typical customer paid $95.08 per 1,000 kWh of electricity. “Electricity rates are [...] [...]

Source of persistent oil sheen in Gulf remains a mystery

GULF OF MEXICO — Underwater inspections at the site of BP’s Deepwater Horizon rig disaster have failed to identify the source of a persistent sheen on the surface of the Gulf of Mexico, officials said yesterday. The Coast Guard and BP both said the recent inspections confirmed that the company’s Macondo well, which blew out [...] [...]

Utilities extend incentive plan to small businesses

by MBJ Staff Published: December 12,2012

Tags: agency, electricity, energy, entrepreneur, entrepreneurship, natural gas, power, small business, state, utility

JACKSON — Electric and natural gas utility companies doing business in Mississippi have submitted extensions of their Small Business Rate Incentive Plans, according to a release from Public Service Commissioner Leonard Bentz. Bentz originally put these plans into place in 2011. Incentive plans filed by Mississippi Power Company, Entergy Mississippi, Atmos Energy Corporation, CenterPoint Energy [...] [...]

Tax exemptions approved on land worth more than $838M

PASCAGOULA — Jackson County supervisors have unanimously approved two 10-year tax exemptions for more than $838 million in true property value. The Mississippi Press reports Gulf LNG Energy received an exemption on nearly $828.5 million, and Ingalls Shipbuilding received an exemption on nearly $9.6 million on property value. County leaders say exemptions are granted on [...] [...]

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