Energy

Federal Lawsuit Challenges Clean Line Transmission Project

Federal Lawsuit Challenges Clean Line Transmission Project

Two groups representing landowners are suing to block an electric transmission line planned for delivering wind-generated power across Arkansas from Oklahoma to Tennessee.
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Disasters, Low Oil Prices, Shale Cause $6.4B Loss at BHP Billiton

Battered by a devastating dam disaster in Brazil, low commodity prices and losses in shale holdings – including operations in Arkansas – mining giant BHP Billiton posted a record $6.4 billion annual loss on Tuesday.
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Gas Prices Remain Under $2 a Gallon in Oklahoma, Arkansas

AAA Oklahoma says Arkansas and Oklahoma are among 12 states where average gas prices are under $2 a gallon.
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Aromatique Moves Debbie Isaacs to CFO (Movers & Shakers)

Debbie Isaacs has been promoted to vice president and chief financial officer of Aromatique Inc. of Heber Springs. She was previously controller. read more >

Traveling the Globe in Search of Jobs (Mike Preston Commentary)

Over the last year, your Arkansas Economic Development Commission has traveled almost 20,000 miles around the world searching for good-paying jobs for the people of Arkansas. It's a reflection of the times in which we live. Ours is a global economy, and the competition for new jobs is no longer with surrounding states only, but with every country around the globe. read more >

New Public Company Debuts in State: Ecoark

The merger in March of Ecoark Inc. of Rogers with Magnolia Solar Corp. of Woburn, Massachusetts, resulted in a new name on the roster of publicly traded companies in Arkansas: Ecoark Holdings Inc. of Rogers. read more >

Power and Pain of Consensus (Barry Goldberg On Leadership)

Mainstream, action-oriented leadership thinkers tend to hate the idea of consensus, opting instead for rapid-fire, quick-decision meetings. The efficiency of pushing quickly for a clear path forward is hard to resist; however, it often steps over or forces underground the kind of resistance that will kill a new idea or initiative — but usually not until most of the time and money are spent. read more >

Unemployment Rates in Arkansas Cities Vary Widely

Unemployment rates rose slightly in Arkansas metro areas in June, but rates are still lower than a year ago, notes Michael Pakko, chief economist at the Institute for Economic Advancement at the University of Arkansas at Little Rock. read more >

Magellan Marks Open of 210-Mile Pipeline Extension

Magellan Midstream Partners LP has officially opened 210-mile extension of a petroleum products pipeline from Fort Smith to North Little Rock. read more >

NanoMech Adds Bran Ferren to Board of Advisers

NanoMech of Springdale says Bran Ferren has joined its board of advisers and is a significant investor in the company. read more >

Murphy Oil Gains Access to $1.2B in Revolving Credit

Murphy Oil Corp., the El Dorado petroleum exploration and production giant, says it has commitments from its bankers and new lenders for $1.2 billion in revolving credit. read more >

NanoMech Announces New Adviser, Investor John White

NanoMech of Springdale announced on Monday that John White, who holds a Ph.D., has been appointed to its board of advisers and is now a significant investor in the company. read more >

Colorado Firm Buys Witt Stephens' Arkansas Oklahoma Gas Corp.

Summit Utilities of Littleton, Colorado, buys 100 percent of Arkansas Oklahoma Gas Corp. of Fort Smith, which has been owned for 72 years by the Witt Stephens family of Arkansas. read more >

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