Home » Tag Archives: energy

Tag Archives: energy

Mississippi Power customers get break as fuel costs drop

Customers of Mississippi Power will get lower rates starting next month as fuel costs have dropped. The Sun-Herald reported that the average residential customers will average about $4.14 per month this year. That’s down about 3 percent from last year. In 2018 there was a 4.5 percent increase because of higher fuel costs. The Mississippi Public Service Commission approved the ...

Read More »

Entergy hiring 320 for Mississippi nuclear operations

Entergy Corp. says it’s adding jobs at its nuclear power division headquarters in Jackson, as well as at its Mississippi nuclear plant at Grand Gulf. New Orleans-based Entergy says it will add 250 jobs in Jackson, augmenting its nuclear workforce. Spokeswoman Mara Hartmann says some employees will transfer from northeastern nuclear plants Entergy is closing or selling. The electrical utility ...

Read More »

Wood pellet maker plans $200M investment in Mississippi

A company that makes wood pellets burned for fuel in overseas power plants is moving ahead with plans for a $140 million pellet mill and a $60 million ship-loading terminal on the Mississippi Gulf Coast. Enviva LP spokeswoman Maria Moreno said Wednesday that the Maryland company signed agreements Monday with leaders in George and Jackson counties. The company won’t finalize ...

Read More »

BP approves expansion of Gulf oil project

BP has approved a $1.3 billion expansion at one of its oil projects in the Gulf of Mexico and discovered an additional 1.4 billion barrels at two of them. “BP’s Gulf of Mexico business is key to our strategy of growing production of advantaged high-margin oil. We are building on our world-class position, upgrading the resources at our fields through ...

Read More »

Mississippi city selling gas system to private utility

A Mississippi Gulf Coast city is moving to sell its natural gas system for cash to help avert a financial pinch. WLOX-TV reports the Pascagoula City Council voted 4-3 Wednesday to sell the city’s gas utility to Houston-based CenterPoint Energy for $3 million. The system also serves some residents in Gautier (goh-SHAY’). The Mississippi Public Service Commission must approve the ...

Read More »

Another outage at Mississippi nuclear plant raises concerns

Another unplanned outage at Mississippi’s Grand Gulf nuclear power plant is adding to regulators’ concerns over reliability problems at the largest single-unit nuclear power plant in the United States. The move is also heightening scrutiny over whether problems at Entergy Corp.’s plant may be affecting power markets. Operators took the southwest Mississippi plant offline last week, citing problems with a ...

Read More »

First new oil wells in years being drilled in shale region

An Australian company is drilling new wells in an oil formation that straddles southwest Mississippi and southeast Louisiana, the first new wells drilled in about three years, after a crash in oil prices dried up activity. Australis Oil & Gas Ltd. announced earlier this month that it had started drilling the first of at least six planned wells near Gillsburg, ...

Read More »

Final investment decision has not been made on proposed $8 billion LNG export facility

By BECKY GILLETTE GEORGE FREELAND Gulf LNG Energy invested $1.1 billion in a facility in Pascagoula to import liquified natural gas (LNG), which is natural gas cooled down to liquid form to make it easier to transport. Two tanker shipments of LNG were offloaded at the facility in 2011. But then the energy world turned upside down. Shale gas production ...

Read More »

Mississippi Power electricity rates to rise 9 percent

Mississippi Power Co. customers will see electricity rates go up about 9 percent starting in September. The state Public Service Commission on Tuesday approved general rate increases as well as specific increases tied to environmental compliance costs. The unit of Atlanta-based Southern Co. will collect about $77 million more through the end of 2019, in a settlement meant to cover ...

Read More »