Posts Tagged ‘petroleum’

Oil company not drilling at historic site after local resistance

NATCHEZ — Mayor Butch Brown says a drilling company has changed its mind about drilling for oil on a historic site at Natchez. The Natchez Democrat reports Brown told the Board of Aldermen that Mike Biglane of RMB Exploration has decided not to drill on the historic Arlington property. Brown said he has learned that […] [...]

New post-oil spill restoration plan lacks requirements

GULF OF MEXICO — There’s now a draft plan for using fines from the 2010 Gulf of Mexico oil spill to restore the Gulf Coast’s natural resources and economy. But the document doesn’t include two items required by federal law: a 10-year allocation plan or a three-year priority list of projects and programs, The Times-Picayune […] [...]

Counties ‘hoping to get it right’ as they await Tuscaloosa Marine shale boom

Folks in Southwest Mississippi may not realize it but boardrooms of oil companies from New York to Odessa, Texas, have their little part of the world in their cross-hairs. Lured by the prospect of extracting billions of barrels of premium oil and gas from a couple miles below ground, the companies are coming to town […] [...]

State leaders ask Washington for more offshore drilling

GULF OF MEXICO — Six coastal governors have called on Washington to open up more waters to offshore drilling and to make permitting a quicker, more efficient process. The governors of Texas, North Carolina, South Carolina, Alabama, Mississippi and Alaska spoke Monday at the Offshore Technology Conference in Houston. Officials from Louisiana and Virginia also […] [...]

Governor unveils Coast projects funded by BP money

MISSISSIPPI GULF COAST — BP PLC is paying $69 million for interactive exhibits at a Hancock County science center, a concrete pathway on the beach at Pascagoula, up to six miles of shoreline and improvements at a park as part of Mississippi Gulf Coast restoration from the Deepwater Horizon oil spill, Gov. Phil Bryant said. […] [...]

Energy company looking to sell interest in Gulf oil field

NATCHEZ — Callon Petroleum Co. says it’s trying to sell its interest in a Gulf of Mexico oil field. The company announced its board has authorized Jeffries LLC to try to sell its 15 percent interest in the Medusa deep-water field and 10 percent in Medusa Spar LLC, the company that owns the production platform […] [...]

Judge rejects BP’s request to block oil spill payouts

NEW ORLEANS — A federal judge has rejected BP’s request to block what could be billions of dollars in settlement payouts to businesses who claim the company’s 2010 oil spill in the Gulf of Mexico cost them money. Before a hearing today, U.S. District Judge Carl Barbier already had upheld court-appointed claims administrator Patrick Juneau’s […] [...]

Refinery makes $1M donation to Audubon Society programs

PASCAGOULA — The Chevron Pascagoula Refinery is donating $1 million to the Pascagoula River Audubon Center and another National Audubon Society program, the Mississippi Flyway. The Sun Herald reports the majority of the money will go to support operations and educational programs for a new $2 million center, soon to be built on 10 acres […] [...]

Gulf oil and gas lease sale pulls in $1.2B in bids

GULF OF MEXICO — A nearly 39 million-acre oil and gas lease sale yesterday for the central Gulf of Mexico drew $1.2 billion in high bids by offshore energy producers. The Bureau of Ocean Energy Management said 52 companies submitted 407 bids on 320 tracts, three to 230 miles off the coasts of Louisiana, Alabama […] [...]

Salazar to attend federal oil and gas lease sale

GULF OF MEXICO — U.S. Interior Secretary Ken Salazar will be on hand when federal regulators put more than 38 million acres in the central Gulf of Mexico up for bid to offshore energy producers. The sale in New Orleans will begin at 9 a.m. today in the Superdome and include about 7,299 federally-owned drilling […] [...]

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