Energy

Murphy Oil Subsidiary Sells Alberta Sands to Suncor Energy for $744M
Roger Jenkins

Murphy Oil Subsidiary Sells Alberta Sands to Suncor Energy for $744M

Murphy Oil Corp. of El Dorado announced Wednesday evening that its Canadian subsidiary has agreed to sell oil sands properties in Alberta to Suncor Energy for about $744 million. CEO Roger Jenkins said the deal will "further place our focus in North America on our unconventional assets" and help the company's balance sheet.
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Melanie Taylor Returns to Entergy Arkansas as Customer Service Director (Movers & Shakers)

Melanie Taylor has been named director of customer service for Entergy Arkansas' central region in Little Rock effective May 1.
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Energy Security Partners CEO Says Fuel Plant 'Not a Risky Project'

Tell Roger Williams that a multibillion-dollar plant for turning natural gas into liquid fuel near Pine Bluff sounds too good to be true, and he'll turn to history, engineering and finance to argue it's too good not to be.
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In Congress, Tom Cotton at Center of Dispute Over Water Buys From Iran

Senate Democrats on Wednesday blocked the Senate's first spending bill of the year in a last-minute fight over a Republican effort to undercut the Iran nuclear deal and scuttle U.S. plans to buy Iranian "heavy water."
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US Stocks Fall in Global Slump as Energy Companies Skid

U.S. stocks are skidding Monday as energy stocks take big losses. Companies including Xerox and drugmaker Perrigo are down after reporting disappointing earnings and lowering their expectations for the year. Global stocks also fell. read more >

Energy Security Partners Land Dealings Began in 2015

In pursuing plans for a natural gas-to-liquid fuel production facility, Energy Security Partners of Little Rock spent more than a year securing the land for its likely plant site in northern Jefferson County. read more >

Despite First Steps, ESP's Jefferson County Fuel Factory Not Set in Stone

Jefferson County taxpayers have picked up the tab for nearly $3 million worth of land, and Energy Security Partners has signed a lease, but the plant site is still not quite a done deal, according to CEO Roger Williams. read more >

Arkansas Midland, Magellan Pipeline Settle on Easement

Arkansas Midland Railroad Co. last week settled its easement dispute over Magellan Pipeline Co.'s $200 million pipeline project from Fort Smith to Little Rock. read more >

Nucor VP MaryEmily Slate Scraps Her Way to the Top of the Heap

At 51, MaryEmily Slate is a vice president and general manager for Nucor Steel Arkansas, overseeing more than 700 workers at two steel mills in Mississippi County. read more >

Mississippi County's Nucor: 3 Decades, 4 Facilities

In Mississippi County, the big news in steel these days is Big River. But the firmly established player in northeast Arkansas steel is Nucor Corp., the largest steelmaker in the United States. read more >

Executive Recruiter Cameron Smith on Assessing Assistants

Cameron Smith founded the executive recruitment firm Cameron Smith & Associates in 1992. The firm has gone on to become the top provider of executive talent to the almost 1,400 vendors doing business with Wal-Mart Stores Inc. read more >

Big Stipulations from Energy Security Partners Gets Cheap Lease on Land

So how do you get a 10-year lease on a big chunk of land and pay just $10 a year in rent? If the $100 deal between Energy Security Partners LLC and the Economic Development Corp. of Jefferson County is any indication, you have to make some big promises. read more >

Shale Play Loan Hits Nonaccrual at Heartland Bank

Among Heartland's biggest and worst energy-related loans is one connected with a shale play in the New Albany formation of eastern Illinois. read more >

Southwest Power Pool's Nick Brown Recognized by Honor Society (Movers & Shakers)

Nick Brown, president and CEO of Southwest Power Pool in Little Rock, has received the 2016 Business Achievement Award from Beta Gamma Sigma International Honor Society. read more >

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