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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, ...

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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. ...

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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 ...

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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 ...

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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 ...

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BP to sell part of its Gulf of Mexico stake to Chevron

NEW YORK — BP is selling part of its stake in an emerging oil-producing region in the Gulf of Mexico to Chevron, and the two companies, along with Conoco Phillips, will work to develop the fields together. Terms of the deal were not disclosed. The joint-development agreement is a way for the companies to try to reduce the cost and ...

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Executive: No guarantee BP would help pay subsidiary's fines

NEW ORLEANS — An executive for the BP subsidiary that faces billions of dollars in possible fines for the 2010 Gulf of Mexico oil spill testified Tuesday that it is uncertain whether other BP entities would step in to help pay a steep penalty. The day’s first witness was Richard Morrison, regional president and chairman of the board for BP ...

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Judge names receiver for KiOR plant, but tax payment unclear

JACKSON — A Lowndes County judge has appointed a receiver to watch over KiOR’s Columbus biofuel refinery, as owners and creditors seek a buyer. Chancery Judge Kenneth Burns on Monday named Derek Henderson, a Jackson lawyer who serves as a trustee in bankruptcy cases, as the receiver for the plant. The move came at the request of KiOR financier Vinod ...

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Greater Jackson Chamber Partnership annual meeting is Wednesday

The Greater Jackson Chamber Partnership (GJCP) will host its 2014 annual meeting from 11:30 a.m. 6to 1 p.m. Wednesday at the Jackson Convention Complex. Investors, volunteers and the general public will receive updates on the progress of the Partnership’s recent strategic plan initiatives for the Greater Jackson area.  Chairman Andy Taggart, Chairman-Elect David Gates and President Duane O’Neill will provide ...

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Ecolab reducing Columbus workforce

COLUMBUS — Ecolab will lay off 66 workers in Columbus over the next several months as the company shifts some of its operations to a new facility in Jacksonville, Florida. Company spokesman Roman Blahoski said Columbus employees were informed of the decision this past week. He says the company is moving its manufacturing and logistics and some related positions to Florida. The ...

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