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Gates selected 2015-2016 MEC chairman

JACKSON — David Gates, president of the Mississippi Division of Atmos Energy, will serve as chairman of the Mississippi Economic Council for 2015-2016. Gates has been with Atmos Energy since 1991. In 1993, he was named vice president of technical services for the West Texas division and in 2003 he became vice president of operations for the Kentucky/Mid-States division. He ...

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PSC: Entergy membership saves $48 million for ratepayers

Entergy Mississippi customers saved an estimated $48 million during the first year of the utility’s  membership in MISO, a regional transmission organization formally known as the Midcontinent Independent System Operator Inc., according to a release from the Mississippi Public Service Commission. That amounts to a savings of approximately 3 percent, or about $3.50 on the typical residential customer’s monthly bill, ...

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US says Gulf oil spill could last 100 years

WASHINGTON — A decade-old oil leak where an offshore platform toppled during a hurricane could continue spilling crude into the Gulf of Mexico for a century or more if left unchecked, according to government estimates obtained by The Associated Press that provide new details about the scope of the problem. Taylor Energy Company, which owned the platform and a cluster ...

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Bill will open more of Gulf to energy exploration

JACKSON — Mississippi Sens. Thad Cochran and Roger Wicker are supporting legislation to expand energy exploration in the Gulf of Mexico. The Republican lawmakers have joined as sponsors of a bill that will also provide additional revenue for Mississippi, Louisiana, Alabama and Texas. The legislation, introduced by U.S. Sen. Bill Cassidy, R-La., would amend a 2006 law to open parts ...

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Plan OK’d to drill into BP’s ill-fated Macondo reservoir

NEW ORLEANS — Deep-water drilling is set to resume near the site of the catastrophic BP PLC well blowout that killed 11 workers and caused the nation’s largest offshore oil spill five years ago off the coast of Louisiana. A Louisiana-based oil company, LLOG Exploration Offshore LLC, plans to drill into the Macondo reservoir, according to federal records reviewed by ...

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Judge rejects request to delay ruling on oil spill penalties

NEW ORLEANS — A federal judge has refused to delay a pending ruling on how much BP will have to pay in Clean Water Act penalties for the 2010 Gulf of Mexico oil spill. The request was made in a motion filed Monday by Texas lawyer Brent Coon, who represents plaintiffs with various claims against BP resulting from the spill. ...

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Mississippi drops 2 notches in CEO survey of best states for business

Mississippi landed in 39th place in the 2015 Chief Executive magazine survey of best states to do business based on surveys of chief executive officers around the country. The ranking represented a drop of two spots from the 2014 list. While Mississippi found itself sandwiched between West Virginia and Maryland, neighboring Tennessee landed in fourth place and Louisiana in seventh. ...

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Glenn McCullough ‘trained’ at TVA for his new job as MDA chief

By JACK WEATHERLY & TED CARTER Gov. Phil Bryant says he didn’t need to look outside of the state to seek his next executive director of the Mississippi Development Authority. He selected Glenn L. McCullough Jr. of Tupelo, who did a lot of work for his home state when he was running the Tennessee Valley Authority. In fact, Tupelo was the ...

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Delta-Energy to begin operations in 5 weeks

NATCHEZ — Company officials say Delta-Energy should start operations in Natchez within a month to five weeks. The company announced plans in February to open a carbon solids and hydrocarbon recapturing facility on 30 acres of the former International Paper property. Delta-Energy’s John Rollins tells The Natchez Democrat (http://bit.ly/1GTXbFq) the company has moved the equipment from its first plant in ...

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Tennessee Valley Authority reports increase in income

CHATTANOOGA — The Tennessee Valley Authority says it has increased its net income for the first half of fiscal year 2015. TVA reported on Friday that it had a net income of $577 million, which is $349 million more than it reported in the same time period a year ago. The utility said operating expenses through the end of the second ...

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