Energy

Murphy Oil Sells 30 Percent of Malaysia Assets for $2B
Roger Jenkins

Murphy Oil Sells 30 Percent of Malaysia Assets for $2B

Energy exploration and production company Murphy Oil said Tuesday it will sell some of its oil and gas assets in Malaysia for $2 billion. "We are excited to strengthen our partnership with Pertamina and look forward to working with them and our other partners in Malaysia," Murphy Oil's CEO said.
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Census Shows Details of 2013 New Housing

Highlights of the U.S. Census Bureau's annual report of the 569,000 single-family homes completed in 2013.
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Empire Electric Granted 13.5 Percent Rate Increase for Arkansas Customers

A Missouri-based electric company has announced that the Arkansas Public Service Commission has approved a 13.5 percent rate increase for its Arkansas customers.
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National Waterways Conference Set for Little Rock in 2015

The National Waterways Conference will take place in Little Rock next year.
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'Jobs Now' Summit Examines Growing Skills Gap

Ways to address a growing manufacturing skills gap was the focus of Tuesday's "Jobs Now: Arkansas Works When We Do" summit hosted by the Arkansas State Chamber of Commerce. read more >

Meeting Set for Carbon Pollution Stakeholders

The Arkansas Department of Environmental Quality and the Arkansas Public Service Commission are meeting next month over the Environmental Protection Agency's proposed Clean Power Plan. read more >

Arkansas Business Presents 2014's 'The New Influentials: 20 In Their 20s'

Since 2009 Arkansas Business has sought out talented young leaders in our business and nonprofit community to introduce in a feature called The New Influentials: 20 in Their 20s. read more >

Arkansas Business Honors 'Best Places to Work'

Arkansas Business and the Best Companies Group on Wednesday honored 12 Arkansas companies with "Best Places to Work" awards, which recognize firms that have exceptional workplace environments. read more >

Judge Dismisses Case on Hot Springs Water Issue

A circuit judge says a measure that would have stopped Hot Springs from using DeGray Lake as a supplemental water source will not be on the November ballot. read more >

Governor's Quality Awards Go to 28 Arkansas Organizations

The 20th annual event was held at the Marriott Hotel in downtown Little Rock before an audience of more than 400 business and civic leaders. In addition to recognizing the winers, 16 past awards recipients were recognized. read more >

Mayflower Subdivision Filling Up Again After Spill

People are starting to move back into the part of an Arkansas subdivision evacuated last year after a 2013 pipeline accident. read more >

Technological Innovations Bring Profitable Changes to the Fayetteville Shale

New advances have enabled companies to drill deeper and more complex wells to tap the gas shale, too. Mixed in with the drilling improvements are new fracking techniques that increase the productivity of wells. read more >

Natural Gas in Fayetteville Shale Takes Arkansas from Zero to Billions in 10 Years

In the past decade, the players in the Fayetteville Shale have shuffled and consolidated, drilling has peaked and retreated, employment has expanded and contracted, technology has advanced, environmental and infrastructure concerns have reared their heads and government has responded. read more >

Royalty Owners Haul Exxon Subsidiary XTO to Court Over Royalties

Independence County plaintiffs say in a federal lawsuit that XTO wasn't getting the highest price possible for natural gas because it was selling the product to its own subsidiary, Cross Timbers Energy Services Inc., at below-market prices. read more >

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