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Tag Archives: energy

County to borrow $24M for wood pellet terminal at port

PASCAGOULA — Jackson County supervisors have voted to borrow $24 million for the Port of Pascagoula’s wood pellet exporting terminal. The Mississippi Press reports that the board of supervisors acted yesterday after no one showed up for a public hearing. The terminal will handle wood pellets from a plant that is supposed to be built in George County starting in ...

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DMR sends letter to MDA over marine leasing, seismic activity

BILOXI — Jamie Miller, executive director of the Mississippi Department of Marine Resources, has sent a letter to the Mississippi Development Authority regarding the state’s process for leasing and seismic activity in Mississippi marine waters. In the letter, Miller said that MDA’s rules do not contradict the Mississippi Coastal Program, but determined the DMR should continue to review any regulated ...

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Supreme Court refuses to hear drilling moratorium case

WASHINGTON — The Supreme Court won’t decide if the Obama administration violated a judge’s order that struck down its temporary moratorium on deep water drilling after BP’s 2010 oil spill in the Gulf of Mexico. The high court today refused to hear an appeal from offshore service companies that challenged the moratorium. A federal judge overturned the Interior Department’s decision ...

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Power plant lands $181M loan from USDA

BATESVILLE — The U. S. Department of Agriculture is providing a loan for work at an electric power generation facility in Panola County. The federal agency Friday announced in a news release that it is providing $181 million to the South Mississippi Electric Power Association. The money will be used to purchase two natural gas-fired combined cycle units for the ...

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Entergy, ITC discontinue pursuit of transmission spin/merger

NEW ORLEANS, Louisiana — Entergy Corporation (NYSE: ETR) and ITC Holdings Corp. (NYSE: ITC) announced today that the companies have mutually agreed to end their pursuit of a spin/merger of Entergy’s transmission business with ITC. The companies formally terminated the merger agreement this morning and filed pleadings to withdraw the remaining transaction approval applications with Entergy’s retail regulators, as well ...

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Company mulling plan to build new pipeline

NATCHEZ — American Midstream Partners is proposing the reconstruction of its American Midstream Midla mainline pipeline in Louisiana and Mississippi. The company is conducting a so-called “open season,” which is a period of courting shippers to determine if the project is viable. The company says shippers have until Dec. 27 to record their interest in replacing the line. The Natchez ...

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PSC unanimously rejects Entergy-ITC proposed merger

JACKSON — Mississippi utility regulators have unanimously rejected a merger proposal by Entergy Corp. and ITC Holdings Corp., saying the deal could have meant a $300-million rate increase for Mississippi customers over 30 years. “We respect Entergy’s desire to improve its organizational effectiveness, but the commission was not persuaded the transfer of ownership would be in the best interest of ...

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GOP Sen. Thad Cochran to run for seventh term

WASHINGTON —  Sen. Thad Cochran of Mississippi will seek a seventh term in 2014, setting up a Republican primary that pits an established incumbent who has brought billions of dollars to his home state against a tea party-backed challenger who says federal spending is out of control. Cochran, who turns 76 on Saturday, has been in the Senate since 1978. ...

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Officials, residents hunkering down as winter storm approaches

Officials are urging residents in North Mississippi to be prepared for an approaching winter storm that could bring significant icing to the region. Emergency crews were at the ready today and residents have been stocking up on groceries, buying electricity generators and gassing up their cars in advance of a winter storm that forecasters predict will bring freezing rain and ...

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Court to hear case involving alligators and ExxonMobil

JACKSON — The Mississippi Supreme Court has agreed to referee a dispute between a Wilkinson County couple and ExxonMobil Corporation over an alleged alligator infestation. Tom Christmas and his wife argue they didn’t discover the 84-plus alligators on land next to their homestead until four years after they bought the property in southwest Mississippi. ExxonMobil counters that the Christmases’ real ...

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