Energy Archive

$140M in Conservation Work Proposed for Gulf of Mexico

by Associated Press 8/17/2015 01:00 pm

Ten watersheds around the rim of the Gulf of Mexico — from Florida to Texas — are being looked at as sites for $140 million in proposed conservation projects under a plan to restore the Gulf from BP's catastrophic 2010 oil spill.

Don Weaver on Paving Over Potholes in Federal Highway Funding

by Arkansas Business Staff 8/17/2015 12:00 am

Don Weaver graduated in 1981 with a bachelor's in business administration from the University of Central Arkansas in Conway. He's the chairman of the board of The Road Information Program and has served on the Associated General Contractors of America national board since 2001. Weaver-Bailey is based in El Paso.

Wind Power Still Benefits Arkansas (Feedback)

by Steve Patterson 8/17/2015 12:00 am

While the state's unlucky timing in launching its bid to become a wind component manufacturing hub hurt the prospects of large component manufacturers like Nordex and Mitsubishi, the growth of the wind power sector nationwide continues to benefit the Arkansas economy.

AECI Subsidiary to Provide Solar Array for Oklahoma Cooperative

by Arkansas Business Staff 8/12/2015 11:45 am

Today's Power Inc., a wholly owned subsidiary of Arkansas Electric Cooperatives Inc. of Little Rock, said Wednesday that it has reached an agreement to provide a one-megawatt AC solar array for Tri-County Electric Cooperative of Hooker, Oklahoma.

Judge OKs $5M Deal Ending Lawsuit over Mayflower Oil Spill

by Kelly P. Kissel, The Associated Press 8/12/2015 10:56 am

A federal judge has signed a $5 million agreement among the operators of an oil pipeline and state and federal governments to end a lawsuit filed over a rupture that soiled land and water in central Arkansas in 2013.

Asa Hutchinson Makes Board, Commission, Court Appointments

by Arkansas Business Staff 8/12/2015 09:18 am

Gov. Asa Hutchinson on Wednesday announced the following appointments.

Arkansas, 12 Other States Want Judge to Block EPA Water Rule

by Associated Press 8/10/2015 01:36 pm

Thirteen states led by North Dakota are asking a federal judge in Bismarck to block a new rule that gives federal authorities jurisdiction over some state waters.

Survey: US Gasoline Prices Down 11 Cents in Past 2 Weeks

by Associated Press 8/10/2015 10:48 am

The average price of gasoline has dropped 11 cents over the past two weeks to $2.71 a gallon.

Explosion at Texarkana Water Plant, No Injuries

by Associated Press 8/10/2015 06:45 am

The director of Texarkana Water Utilities says an explosion at a treatment plant on the Texas side caused no injuries and that water continues to flow for customers in both Texas and Arkansas.

Arkansas Solar Projects Get Turn in Limelight

by Sean Beherec 8/10/2015 12:00 am

Utilities around the state are turning to solar energy-generation projects as the cost of wrangling the sun's rays becomes more economical.

The Telling Detail (Gwen Moritz Editor's Note)

by Gwen Moritz 8/10/2015 12:00 am

It's one thing to know that Scott Reed hadn't paid his big bills. One might even imagine that the big bills could get paid once tenant revenue starts flowing. It's another thing entirely to understand that, even as summer turned to fall and winter and then spring, he couldn't come up with a relatively small amount of money in order to turn on the lights — something that has to be done before any tenants can move in and start paying rent.

Entergy: New EPA Rules Will Cost Arkansans $2 Billion

by Alexis Hosticka 8/7/2015 04:15 pm

Entergy Arkansas responded to the EPA's proposed Federal Implementation Plan on Regional Haze, saying the rule would impose more than $2 billion in costs on the utility's customers and co-owners.

Southwestern Energy Lays Off 80 in Fayetteville Shale

by Arkansas Business Staff 8/6/2015 11:42 am

Southwestern Energy Co. of Houston, the largest operator in Arkansas' Fayetteville Shale Play, said Thursday that it has laid off 80 workers there.

Survey: US Businesses Added 185K Workers in July

by Associated Press 8/5/2015 11:57 am

The rate of hiring by U.S. businesses slowed in July, according to a private survey. But job gains remained at a solid level, which should help boost overall economic growth.

UA Launching New Research Center with Federal Grant

by Arkansas Business Staff 8/3/2015 10:04 am

The Center for Advanced Surface Engineering will partner with Arkansas industries and create new products for use in manufacturing, aerospace and defense, agriculture, forestry, oil and gas, food packaging and health care.

More Condemnation Cases Flow from Diamond Pipeline

by Arkansas Business Staff 8/3/2015 12:00 am

The condemnation cases tied to the $900 million Diamond Pipeline project continue to pile up.

What $100 Means in Arkansas: A State-by-State Analysis

by Arkansas Business Staff 8/3/2015 12:00 am

The Tax Foundation, a nonprofit that studies tax policy, last month published a map showing the real value of $100 in each state in the country.

New Opportunity for Contractors (Vic Lance Commentary)

by Vic Lance 8/3/2015 12:00 am

Arkansas Act 1275 of 2015, the Local Government Energy Efficiency Project Bond Act, allows municipalities and counties to take part in guaranteed energy cost savings contracts. These local governmental entities can seek to reduce energy consumption or operating costs of government facilities by using the services of qualified providers. The length of a contract can be up to 20 years after the implementation of a project.

Low Oil Prices Drive Murphy to $73.8M Quarterly Loss

by Sean Beherec 7/29/2015 04:49 pm

Murphy Oil Corp. of El Dorado on Wednesday reported a second-quarter loss of $73.8 million, noting that earnings were "greatly impacted by the drop in WTI and Brent oil prices by 44 percent between the comparative quarterly periods."

Murphy Oil Makes Executive Changes

by Sean Beherec 7/28/2015 04:18 pm

Murphy Oil Corp. of El Dorado on Tuesday named a new vice president and created a new vice president position.