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Miss. gas storage facility to expand

HOUSTON, Texas — ENSTOR has announced expanded storage capacities at two of its U.S. gas storage facilities: Caledonia in Lowndes County, Mississippi, and Grama Ridge in Lea County, New Mexico. The high-deliverability, multi-cycle Caledonia facility has increased its maximum certificated working gas capacity from 16.9 Bcf to 22.0 Bcf. That effectively pushes maximum daily withdrawal rates to 550,000 Mcf/day and ...

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Phone pic saved Gulf from weeks of oil gushing

WASHINGTON — A single picture from a cell phone camera may have saved the Gulf of Mexico from a few more weeks – if not months – of oil gushing from the BP well. A new study from the presidential oil spill commission describes the behind-the-scenes, excruciating tension and mistakes behind the three-month effort to cap the busted well. More ...

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Salazar's Gulf visit doesn't satisfy oil drillers

HOUMA, La. — Oil and natural gas industry leaders and Louisiana elected officials expressed frustration Monday that a meeting with Interior Secretary Ken Salazar didn’t lead to more progress on easing restrictions on offshore drilling. Salazar traveled to Louisiana on Monday to meet with offshore oil and natural gas drillers who’ve cried foul over new rules put in place by ...

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TVA: Power demand was higher in 2010

Source: PR Newswire KNOXVILLE, Tenn. — Extreme summer and winter temperatures and a slowly improving economy increased demand for electricity from the Tennessee Valley Authority by about 6 percent in fiscal 2010, compared with the previous year, the utility reported Friday in its annual Form 10-K, filed with the Securities and Exchange Commission. TVA also maintained 99.999 percent service reliability ...

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Audit: TVA overbilled by financial advisers

CHATTANOOGA, Tenn. — An audit shows the financial management firm Deloitte Consulting overbilled the Tennessee Valley Authority by $4.8 million from 2003 through 2008. The audit by the TVA’s Office of Inspector General describes the overbilling, much of it involving overtime, as “unsupported or not in accordance” with contracts that were reviewed. Deloitte spokesman David Thompson told the Chattanooga Times ...

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Regulators OK Entergy transmission system

NEW ORLEANS — Federal regulators have extended a four-year-old arrangement with Entergy Corp. on how the company will manage its regional power transmission system. The New Orleans Times-Picayune reports that the extension includes some changes aimed at giving officials in the four states where Entergy operates more input on potential new investment to the power grid, and ones that could ...

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Mississippi Power customers to see smaller bills

GULFPORT — Customers of Mississippi Power Co. can expect to get a break on their electric bills next year. The company announced Monday that electric bills will drop an average of 3 percent in 2011. The information was included in fuel adjustment documents filed with the Mississippi Public Service Commission. Each year, the PSC adjusts Mississippi Power’s prices up or ...

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Callon reports another increase in earnings

NATCHEZ — Callon Petroleum Company reports net income of $1.6 million, or $0.05 per diluted share, for the third quarter, and $7.7 million, or $0.26 per diluted share, for the nine-month period ended Sept. 30, 2010. These results represent three consecutive quarters of improved earnings over the corresponding periods of 2009, during which the company reported a net loss of ...

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PSC votes to discuss utility donations of ratepayers' $

What organizations got ratepayer money and how much? Click on the years below: Entergy Mississippi’s Disallowed & Allowed Charitable Contributions * 2007 * 2008 * 2009 Mississippi Power Company’s Disallowed & Allowed Charitable Contributions * 2007 * 2008 * 2009 The Mississippi Public Service Commission (PSC) has voted unanimously to open a docket to explore restricting the amounts of charitable ...

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Contract awarded Wanzek to build BlueFire’s first-of-its-kind ethanol plant

A year after announcing that it would build an cellulosic ethanol production facility in Mississippi, BlueFire Renewables Inc. (formerly BlueFire Ethanol Fuels Inc.) has let the contract on the project that carries a price tag of nearly $300 million. Now, California-based BlueFire, which has been working on the Mississippi project since 2007, awaits the federal government, specifically the Department of ...

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