Home » NEWS » Energy

Energy

ANALYSIS — Tax hike is one thing, bright outlook for gasoline is another

By JACK WEATHERLY A hike in Mississippi gasoline tax has been bandied about for years as a solution for much-needed improvements in the state’s roads and bridges. But it continues to draw, at best, a luke-warm response from governmental leaders. Whether the increase were to occur, the good news is that the historical price of gasoline in the state continues ...

Read More »

Oil price keeps rising as industry eyes Iran-US conflict

The global benchmark for crude oil rose above $70 a barrel on Monday for the first time in over three months, with jitters rising over the escalating military tensions between Iran and the United States. The Brent contract for oil touched a high of $70.74 a barrel, the highest since mid-September, when it briefly spiked over an attack on Saudi ...

Read More »

TVA Announces Oxford and Lafayette County as one of ten communities for Innovation Academy 

   The Oxford-Lafayette County Economic Development Foundation (EDF) is proud to announce that Oxford and Lafayette County will be one of only 10 communities taking part in the recently launched Tennessee Valley Authority (TVA) Community Innovation Academy beginning in the spring of 2020. This program is focused on economic development and dedicated to teaching those in the industry how to ...

Read More »

Entergy offers solutions for cold months ahead

By LYNN LOFTON With chilly days ahead followed by a long, hot summer, there are ways to help your home or business increase energy efficiency. Entergy Mississippi’s Entergy Solutions programs are available for residential, small business, commercial, industrial and governmental customers. Residential programs are open for all residential customers on an ongoing basis and the company begins taking applications for ...

Read More »

Nearly $226M to restore open Gulf after 2010 BP oil spill

Federal agencies have approved nearly $226 million for 18 projects to restore open ocean and marine habitats that were decimated in the Gulf of Mexico by the 2010 BP oil spill. The projects range from $52.6 million to study deep-sea habitats to $290,000 to find ways to keep sea turtles from swallowing or getting snagged on hooks or tangled in ...

Read More »

Entergy Mississippi powering up Madison County mega site

The Mississippi Public Service Commission has approved Entergy Mississippi’s construction of a $57-million substation at the Madison County Mega Site. The project, which also involves transmission upgrades, will give the industrial site a competitive edge in attracting large economic development projects. It will also increase service reliability in the fast-growing area of northwest Madison County. The Madison County Mega Site ...

Read More »

New wave of suits linked to BP oil spill hitting courts

A new wave of lawsuits against BP is hitting the federal courts nearly a decade after the Gulf oil spill. The new litigation is the result of a court ruling that blocks thousands of people from a medical settlement negotiated after the 2010 environmental disaster. It threatens to clog court dockets for years, and it means plaintiffs like Sherry Carney ...

Read More »

Feds: Royalty exemption for new shallow-water Gulf wells

The federal agencies that make and enforce offshore oil and gas leases say they’ll encourage new wells in shallow Gulf of Mexico waters by allowing some reduced-royalty or even royalty-free production if owners can prove they need it. Some $20 billion worth of oil and gas may go untapped without changes described in a report issued Tuesday, according to the ...

Read More »

Bowman assumes role as Cooperative Energy CEO

Cooperative Energy’s Board of Directors in May named Jeff Bowman as president, and the successor to long-time president and CEO Jim Compton, who is now President Emeritus. Bowman, 48, becomes only the fourth CEO in the company’s history. Cooperative Energy is a not-for-profit, Member-owned generation and transmission cooperative that provides electricity to 55 counties throughout western and southern Mississippi. Bowman ...

Read More »

Entergy Mississippi acquires Choctaw County generating station

Entergy Mississippi, LLC has closed its purchase of the 810-megawatt Choctaw County Generating Station. The transaction represents a major step toward modernizing the electric grid and providing additional efficient, clean energy for customers. Located near French Camp, Mississippi, the Choctaw County Generating Station entered commercial operation in July 2003. It is a clean and modern combined-cycle natural gas turbine unit, ...

Read More »