by Associated Press Published: April 26,2012
Tags: accounting, electricity, energy, loss, net loss, nuclear, plant, power, power distribution, power generation, publicly traded company, utilities
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. [...] [...]
by Associated Press Published: April 26,2012
Tags: bench, coal, construction, courts, electricity, energy, environment, environmentalists, environmernt, judges, judicial, judiciary, lawsuit, natural gas, Power plant, utilities
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. [...] [...]
by Associated Press Published: April 25,2012
Tags: class action, courts, disaster, disastewr recovery, energy, environment, gas, habitat, judge, judicial, judiciary, offshore drilling, Oil, oil spill, petroleum, restaurants, seafood, settlement, spill, tourism, tourists, visitors, wildlife
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 [...] [...]
by Associated Press Published: April 24,2012
Tags: coal, construction, electricity, energy, environment, habitat, power, power distribution, power generation, state agency, utilities, wildlife
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 [...] [...]
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 [...] [...]
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 [...] [...]
by Associated Press Published: April 12,2012
Tags: energy, environment, gas, habitat, hospitality, offshore drilling, Oil, oil slick, oil spill, petroleum, restaurants, seafood, touerists, tourism, visitors, wildlife
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 [...] [...]
by Associated Press Published: April 12,2012
Tags: disaster, energy, environment, explosion, gas, habitat, offshore drilling, Oil, oil rig, oil spill, petroleum, seafood, tourism, tourists, visitors, wildlife
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. [...] [...]
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 [...] [...]
by MBJ Staff Published: April 3,2012
Tags: disaster recovery, disasters, electricity, emergency, energy, hail, natural disasters, power, rain, storms, tonadoes, utility, wind
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 [...] [...]