Energy

Murphy Oil Considers Closing UK Refinery

Murphy Oil Considers Closing UK Refinery

Murphy Oil Corp. of El Dorado has announced that it was "entering into a period of consultation" regarding the future of its crude oil refinery in Milford Haven, Wales, implying that the refinery may cease operation following the failure of Murphy to sell it.
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One Year After Spill, Clinton School Panel Discusses Lessons From ExxonMobil's Pipe Break in Mayflower

A year after a major oil spill in a small Arkansas town, a congressman says that while communities believe they are ready for a disaster, there is always something else to do to prepare.
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Exxon: Highly Unlikely World Limits Fossil Fuels

On the same day the world's scientists issued their latest report on climate change and the risks it poses to society, the nation's biggest oil and gas company said the world's climate policies are "highly unlikely" to stop it from selling fossil fuels far into the future.
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ExxonMobil to Restart Pegasus Pipeline in Texas

The U.S. government says ExxonMobil can restart in Texas a segment of an oil pipeline that ruptured in Arkansas a year ago.
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April Beige Book Reports Overall Activity Down Across Arkansas, 8th District

The April book reports a net decrease in manufacturing activity across the district, a decrease in residential real estate activity, mixed results in commercial real estate, and a decrease in lending from district banks. read more >

Deadline to Nominate for Arkansas Export Awards is April 30

The awards honor Arkansas businesses that excel in the international marketplace, and will be presented at a Governor's Mansion luncheon on May 22. All Arkansas companies that sell in international markets are eligible to be nominated. read more >

Oil Price Seesaws Near $104 Amid Ukraine Tensions

The price of crude oil was volatile around $104 a barrel on Monday amid escalating tensions in Ukraine. read more >

More Million-Dollar Homes Sold in Pulaski County During 2013

Seven-figure home sales in Pulaski County saw a slight increase in 2013. During the year, 14 homes sold for $1 million or more, which compares with either 12 or 13 in 2012. read more >

Therma-Flite Planning $1.6 Million Expansion

Therma-Flite of Benicia, Calif., is planning for an expansion of its El Dorado facility that's expected to cost up to $1.6 million. read more >

Mark Pryor, 10 Other Senate Democrats to Tell Obama to Approve Keystone Pipeline

Eleven Senate Democrats are urging President Barack Obama to approve the Keystone XL oil pipeline by the end of May. read more >

Jobless Rates Fall in All Arkansas Metros

Unemployment rates dropped year over year in all seven Arkansas metropolitan areas surveyed by the U.S. Bureau of Labor Statistics, according to data released Wednesday. read more >

UA Energy Efficiency Project Yields Better Than Expected Results

Early results of a University of Arkansas project, Razors EDGE, aimed at improving energy use on the Fayetteville campus has been better than expected. In 2012-13, energy costs saved 24 percent more than expected, or $715,000. read more >

Lawmaker Jane English Helps Spur Workforce Training Reform

State Sen. Jane English has no use for the private option, the Medicaid expansion providing health insurance to the poor. But the Republican lawmaker from North Little Rock saw an opportunity and took it, and what began as an old-fashioned political horse trade — you get my vote, I get something for my constituents — appears likely to evolve into a governor-backed legislative package that next year will seek to transform workforce training in Arkansas. read more >

Nontraditional Benefits, Unusual Perks Growing In Popularity

Increasingly, companies are looking to offer benefits that fall outside the normal range: flexible hours, paid lunches, ice cream on Fridays. These perks might not be mentioned in the company handbook, but they're becoming more important in attracting a new generation of employees and keeping the old ones. read more >

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