by Associated Press Published: January 3,2013
Tags: accident, bench, cobntracvtor, contaminant, contaminatyion, court, crude oil, death, disaster, disaster recoveryu, ecosystem, energy, explosion, fatality, federal government, gasoline, judge, justice, law, lawsuit, legal, natural gas, offshore drilling, Oil, oil spill, oilrig, petroleum, pollution, restaurant, seafood, settlement, tourism, tourist, vacation, visitor, wildlife
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 [...] [...]
by MBJ Staff Published: December 20,2012
Tags: acauiaitiopn, bill, buy, electric, electricity, energy, fuel, generation, hurricane, mmerger, natural gas, outage, power, purchase, rate, sale, sell, storm, transmission, tropical, utility, Weather
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 [...] [...]
by Associated Press Published: December 19,2012
Tags: accident, death, disaster, ecosystem, energy, environment, explosion, fuel, gasoline, hospitality, natural gas, Oil, oil spill, oilrig, petroleum, pollution, restaurant, seafood, sheen, tourism, tourist, vacation, visitor, wildlife
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 [...] [...]
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 [...] [...]
by Associated Press Published: December 11,2012
Tags: board of supervisors, county, energy, government, land, manufacture, natural gas, property, REFINERY, ship, shipbuilding, supervisors, tax, tax erxemtion
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 [...] [...]
by MBJ Staff Published: December 5,2012
Tags: acquisition, buy, energy, fuel, fund, gas storage, infrastructure, merger, natural gas, pipeline, power, purchase, sale, salt cavern, sell, storage
SMITH COUNTY — Macquarie Infrastructure Partners II (MIP II), a North American infrastructure fund headquartered in New York, completed the acquisition of Leaf River Energy Center LLC from NGS Energy, LP. Terms of the transaction were not disclosed. Leaf River is an underground salt cavern facility located in Smith County. The Leaf River complex currently [...] [...]
by Associated Press Published: November 29,2012
Tags: acquisition, energy, fuel, gasoline, interest, merger, natural gas, Oil, petroleum, purchase, sale, sell, share
NATCHEZ — Callon Petroleum Co. says it will sell its share of an oil field to Royal Dutch Shell, PLC for $42 million. The Mississippi company will sell its 11.25 percent interest in the Habanero field to Shell Offshore, planning to close the deal before year end. The field, in 2,000 feet of water about [...] [...]
by Associated Press Published: November 28,2012
Tags: accident, contract, death, disaster, ecosystem, energy, environment, explosion, fatality, fuel, gasoline, natural gas, offshore drilling, Oil, oil spill, oilrig, petroleum, pollution, restuarant, seafood, tourism, tourist, vacation, visitor, wildlife
GULF OF MEXICO — The Obama administration put a temporary stop to new federal contracts with British oil company BP today, citing the company’s “lack of business integrity” and criminal proceedings stemming from the Deepwater Horizon disaster in 2010. The action by the Environmental Protection Administration won’t affect current contracts, but prevents BP and its [...] [...]
by Associated Press Published: November 27,2012
Tags: accident, court, death, disaster, disaster recovery, ecosystem, energy, environment, explosion, fatality, fuel, gasoline, judge, law, lawsuit, legal, natural gas, offshore drilling, Oil, oil spill, oilrig, petroleum, pollution, restaurant, seafood, tourism, tourist, vacation, visitor, wildlife
NEW ORLEANS — Only about half the businesses and individuals who asked to be excluded from a proposed settlement over BP’s 2010 oil spill submitted valid requests, the company and a team of plaintiffs’ attorneys said in a court filing. A maximum of 13,123 potential claimants submitted valid opt-out requests by a Nov. 1 deadline, [...] [...]
by MBJ Staff Published: November 20,2012
Tags: death, disaster, ecosystem, environment, explosion, fatality, fuel, gasoline, grant, higher education, laboratory, natural gas, Oil, oil spill, oilrig, petroleum, pollution, public university, research, restaurant, seafood, study, tourism, tourist, vacation, visitor, wildlife
STARKVILLE — The Mississippi State Chemical Laboratory is receiving funding to support an enhanced multi-state research program examining effects of the Deepwater Horizon oil spill on the Gulf of Mexico. The award is among 19 grants out of 629 letters of intent announced recently by the Gulf of Mexico Research Initiative. Approximately $20 million will [...] [...]
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