Home » NEWS » Energy (page 30)

Energy

UPDATED — Republican Rep. Alan Nunnelee of Mississippi dies

JACKSON — U.S. Rep. Alan Nunnelee of Mississippi, a fiscal and social conservative elected to Congress in a Republican wave of 2010, died. He was 56. Elizabeth Parks, the spokeswoman in Nunnelee’s congressional office, said he died at his home in Tupelo, Mississippi. Parks released a statement from Nunnelee’s family: “Congressman Alan Nunnelee has gone home to be with Jesus. He ...

Read More »

Republican US Rep. Alan Nunnelee of Mississippi dies at 56

JACKSON — A spokeswoman says U.S. Rep. Alan Nunnelee of Mississippi, a fiscal and social conservative elected to Congress in a Republican wave of 2010, has died. He was 56. » READ COMPLETE STORY AND OBIT HERE Elizabeth Parks, the spokeswoman in Nunnelee’s congressional office, said he died Friday in his hometown of Tupelo, Mississippi. In June 2014, Nunnelee had a ...

Read More »

Kemper power plant overruns climb another $45 million

JACKSON — Southern Co. said it will spend at least another $45 million to finish the power plant it’s building in eastern Mississippi’s Kemper County, pushing total costs to nearly $6.2 billion. The Atlanta-based parent of Mississippi Power Co. said the additional money will pay for further construction costs and fuel during plant startup. Mississippi Power said it, and not ...

Read More »

OPEC leader: Oil could shoot back to $200

Right now the oil market is totally focused on finding a bottom for oil prices. However, according to OPEC’s Secretary-General Abdulla al-Badri we’ve already hit bottom. Not only that, but he sees a real possibility that oil prices could explode higher to upwards of $200 per barrel in the future. He’s far from the only one that sees a return ...

Read More »

Trial ends over how much BP should pay for Gulf oil spill

NEW ORLEANS — The latest phase of a trial to determine how much BP should pay in Clean Water Act penalties for the 2010 Gulf of Mexico oil spill — which could reach $13.7 billion — ended Monday, but a decision from the judge is not expected for months. The trial closed after two weeks of testimony and arguments by ...

Read More »

Anadarko argues against $1B penalty in 2010 Gulf oil spill

NEW ORLEANS — An energy company that invested in the ill-fated Macondo well in the Gulf of Mexico is arguing in court that it should not face steep federal Clean Water Act penalties for the 2010 BP oil spill. The government has suggested a penalty of more $1 billion for Anadarko Petroleum Corp. Anadarko lawyers argue for a lower fine, ...

Read More »

Goodrich latest to pull back in Tuscaloosa Marine Shale

Low oil prices mean the driller that has been the most bullish on an oil region that straddles the Louisiana-Mississippi line is cutting back, The Associated Press reports.. Goodrich Petroleum Corp., based in Houston, said Friday that it will spend $80 million to $100 million on exploration and drilling, down from $150 million to $200 million it had previously projected. ...

Read More »

Romney says he won’t run for president

According to multiple media reports, Mitt Romney will not seek the Republican nomination for president in 2016, according to people familiar with his decision. Mr. Romney, the former Massachusetts governor, was expected to share his decision on a conference call with a small group of advisers and later with a larger group of supporters on a subsequent call. By not ...

Read More »

Most Americans support government action on climate change, poll finds

A New York Times story this morning says an overwhelming majority of the American public, including nearly half of Republicans, support government action to curbglobal warming, according to a poll conducted by The New York Times,Stanford University and the nonpartisan environmental research group Resources for the Future. In a finding that could have implications for the 2016 presidential campaign, the poll ...

Read More »

D'Iberville man sentenced for oil spill fraud conspiracy

GULFPORT — A 34-year-old D’Iberville man has been sentenced to 10 years in prison for conspiracy to commit mail fraud and wire fraud. U.S. District Judge Sul Ozerden this week also ordered Jason Richard Woodcock to pay $105,383 in restitution to the Gulf Coast Claims Facility and $17,092 to the Mississippi Department of Employment Security. Federal prosecutors say in a ...

Read More »