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Posts Tagged ‘energy’

Entergy losses $151.7M in first quarter due to Vermont plant

NEW ORLEANS — Power provider Entergy Corp. posted a first-quarter loss after taking an accounting loss on its Vermont Yankee nuclear plant and expenses from the pending spinoff of its electric transmission business. For the January-through-March period, New Orleans-based Entergy said it lost $151.7 million, or 86 cents per share, on revenue of $2.38 billion. [...] [...]

Environmentalists back in court to fight Kemper coal plant

KEMPER COUNTY — Environmentalists have gone back to court with their continued opposition to construction of a coal power plant in east Mississippi. In the latest court filing in Harrison County Chancery Court, the Sierra Club of Mississippi wants the plant’s builder, Mississippi Power Co., to assume the risk of construction while the appeal proceeds. [...] [...]

Judge set to preside over oil spill settlement; Halliburton objects

NEW ORLEANS — A federal judge in New Orleans is set to preside over a hearing on a proposed class-action settlement that would resolve billions of dollars in claims against BP over the 2010 oil spill in the Gulf of Mexico. BP PLC and a team of plaintiffs’ attorneys are seeking U.S. District Judge Carl [...] [...]

PSC gives new approval to controversial Kemper power plant

KEMPER COUNTY — The Mississippi Public Service Commission has given new approval for Mississippi Power Co.’s coal-fired power plant in Kemper County, pushing aside opponents call for a fresh look at the plant’s finances. The commission voted 2-1 to approve the $2.4 billion plant today. Southern District Commissioner Leonard Bentz and Central District Commissioner Lynn [...] [...]

Gulf oil slick breaking up; source still a mystery

by Associated Press Published: April 13,2012

Tags: energy, environment, habitat, offshore drilling, Oil, oil rig, oil spill, petroleum, seafood, wildlife

GULF OF MEXICO — The Coast Guard says an oil sheen off Louisiana’s coast is breaking up and is much smaller than when it was first spotted. The sheen initially was reported to be about 10 miles long and a mile wide when it was spotted Wednesday about 130 miles southeast of New Orleans. No [...] [...]

Court rules schools do not have to share Chevron tax payments

by Associated Press Published: April 13,2012

Tags: county government, courts, education, energy, gas, judges, judicial, judiciary, Oil, petroleum, REFINERY, schools, students, taxes, teachers

PASCAGOULA — A 2007 state law is unconstitutional in requiring the Pascagoula School District to share some tax dollars generated from Chevron facilities with other districts, the Mississippi Supreme Court ruled yesterday. The ruling overturned a decision by a Jackson County judge who upheld the law. The Supreme Court had heard the Pascagoula School District’s [...] [...]

Shell says oil slick is not coming from its Gulf operations

GULF OF MEXICO — Royal Dutch Shell says it is confident a 10-mile oil sheen spotted in the Gulf of Mexico off the Louisiana coast did not originate from its operations in the area. In a statement today, the company says it found no sign of leaks and ruled out any well-control issues associated with [...] [...]

Coast Guard investigating reports of 10-mile-long Gulf oil slick

GULF OF MEXICO — The U.S. Coast Guard is checking reports of a 10-mile oil slick in the Gulf of Mexico near wells operated by Shell Oil. Petty Officer Steve Lehmann in New Orleans said a helicopter with a pollution officer on board was headed out today to determine where the oil was coming from. [...] [...]

TVA revises of cost of nuclear plant construction to $4.5B

by Associated Press Published: April 8,2012

Tags: construction, costs, electricity, energy, nuclear energy, power, power generation, Power plant, utilities

NORTH MISSISSIPPI — The Tennessee Valley Authority says the revised total cost to complete Unit 2 at Watts Bar Nuclear Plant in Spring City, Tenn., is up to $4.5 billion. The earlier estimate in 2007 had been $2.49 billion. The federal utility, in a statement yesterday, blamed the increase on poor previous estimates and that [...] [...]

EEI again honors Entergy for response to natural disasters

NEW ORLEANS — The Edison Electric Institute has honored Entergy Corporation with the association’s Emergency Recovery Award and Emergency Assistance Award for its power restoration efforts to its own customers throughout 2011 and to other utility company customers following Hurricane Irene. This is the 14th consecutive year for Entergy to receive an EEI national storm [...] [...]

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