Energy Archive

Murphy Oil Reports $276M Loss for 2016

by Kyle Massey 1/25/2017 05:19 pm

The El Dorado oil giant had a fourth-quarter loss of $64 million but touts cost-cutting and production achievements.

Trump Acts to Advance Keystone XL, Dakota Access Pipelines

by Associated Press 1/24/2017 11:32 am

Dealing a blow to former President Barack Obama's legacy on climate change, President Donald Trump signed executive actions Tuesday to advance the construction of the Keystone XL and Dakota Access oil pipelines.

Arkansas Unemployment Rate Falls to 3.9 Percent

by Arkansas Business Staff 1/20/2017 09:23 am

Arkansas' unemployment rate fell to 3.9 percent in December, down from 4 percent in November and 4.7 percent in December 2015.

CTEH Adds California Office

by Gwen Moritz 1/18/2017 10:14 am

The Center for Toxicology & Environmental Health LLC, which is based in North Little Rock, has added an office in southern California to its growing network.

Simmons First Names Jerry Hunter, Mindy West to Board

by Arkansas Business Staff 1/16/2017 09:37 am

Simmons First National Corp. of Pine Bluff announced Friday the addition of Jerry M. Hunter of St. Louis, Missouri, and Mindy West of El Dorado to its board of directors.

American Household Debt Rises in 2016

by Arkansas Business Staff 1/16/2017 12:00 am

Total household debt in the United States rose by $63 billion to $12.35 trillion, a 0.5 percent increase, during the third quarter of 2016 compared with second-quarter 2016. That's according to the Federal Reserve Bank of New York, which issued its latest “Quarterly Report on Household Debt & Credit” Nov. 30.

Advanced Energy Association Sets 2017 Priorities

by Kyle Massey 1/12/2017 03:42 pm

Improving Arkansans' access to low-cost financing for energy efficiency projects and removing barriers to the spread of homemade renewable energy are among the legislative priorities announced by the Arkansas Advanced Energy Association.

Michael Parker To Lead Nabholz Specialty Services (Movers & Shakers)

by Arkansas Business Staff 1/9/2017 12:00 am

Parker was most recently executive vice president of preconstruction for Nabholz's central Arkansas offices. He will lead two specialty groups, Nabholz Environmental Services and Entegrity Energy Partners LLC.

Energy Sector In Arkansas Expects Shift Under Trump, Not Upheaval

by Kyle Massey 1/9/2017 12:00 am

An oil- and coal-friendly Trump administration is taking power in Washington, promising a real shake-up. Still, Arkansas energy observers caution against expecting a huge shift.

Renewable Trend in Energy May Be Beyond Trump's Grasp

by Kyle Massey 1/9/2017 12:00 am

Donald J. Trump won the presidency after a campaign largely negative to renewable sources like solar and wind power, but forces in favor of cleaner power could prove even bigger than The Donald.

2016: The Year in Executive Q&A

by Gwen Moritz 1/2/2017 12:00 am

This week, for the third time, we offer a compilation that appeals to the universal interest in other people: all 50 of 2016's Executive Q&A features in the first issue of Arkansas Business for 2017.

LM Wind Power Aims to be Carbon Neutral by 2018

by Arkansas Business Staff 12/28/2016 08:03 am

LM Wind Power, the Denmark manufacturer and supplier of rotor blades to the wind industry, said Wednesday that it plans to be carbon neutral by 2018.

Bonanza Creek Energy to File Bankruptcy

by Tracy Rucinski and Ahmed Farhatha, Reuters 12/27/2016 08:08 am

Bonanza Creek Energy Inc. and two other energy firms announced on Friday plans to file for bankruptcy in coming weeks, joining a long list of U.S. energy companies that have succumbed to a drop in oil prices.

UAPB Signs $19.3M Contract for Energy-Saving Improvements

by Arkansas Business Staff 12/22/2016 01:35 pm

The University of Arkansas at Pine Bluff announced Thursday that it has signed a $19.3 million contract with Performance Services of Indianapolis, Indiana, through the Arkansas Energy Performance Contracting Program.

Heartland Bank, Stung in NY Bankruptcy, Enters Agreement With Federal Reserve

by George Waldon and Gwen Moritz 12/20/2016 11:34 am

Heartland Bank of Little Rock enters a written agreement with the Federal Reserve a day after emerging as a creditor to a hedge fund that federal prosecutors have described as "Ponzi-esque." Heartland and its lead shareholder, Walter Quinn, have suffered from the collapse of the oil and gas industry.

From the Political to the Criminal: Top 10 Arkansas Business Stories of 2016

by Arkansas Business Staff 12/19/2016 12:00 am

In a presidential election like no other, Donald Trump proved all the naysayers wrong.

Arkansas Business Year in Review: Best & Worst of 2016

by Arkansas Business Staff 12/19/2016 12:00 am

High times and low moments were both enjoyed by Arkansas readers in 2016.

‘He Wasn't Unkind, but He Was a Crook' - Best Quotes of 2016

by Arkansas Business Staff 12/19/2016 12:00 am

They said it, we only quoted them. Here are some of the best things said in 2016.

Notable Arkansas Deaths in 2016

by Arkansas Business Staff 12/19/2016 12:00 am

The first day of 2016 saw the death of a political giant in Arkansas, Dale Bumpers, and in April, Ray Thornton, a respected politician, jurist and educator, died.

What a Difference A Year Makes (Gwen Moritz Editor's Note)

by Gwen Moritz 12/19/2016 12:00 am

I don't think I've ever been so eager for a year to end while simultaneously dreading the new one.