Energy Archive

Bank Branch Count in Arkansas Dwindles After Mergers

by Gwen Moritz 11/3/2014 12:00 am

After reaching a peak of 1,513 in mid-2008, Arkansas' branch network had fallen to 1,388 as of this year's summary of deposits, which was released on Sept. 29. A net reduction of 54 branches happened in the 12 months that ended June 30.

Murphy Profit Slips Amid Falling Oil Prices

by Lance Turner 10/30/2014 09:07 am

Murphy Oil Corp. of El Dorado reports a decline in third-quarter profit as oil prices fell amid weaker demand. The company reported quarterly net income of $245.7 million or $1.37 per share, down about 14 percent from $284.8 million or $1.51 per share in the same quarter last year. Results beat analysts' expectations.

Weyerhaeuser CEO Doyle R. Simons Says Housing Stats On Path Out of the Woods

by Arkansas Business Staff 10/27/2014 12:00 am

Simons has been a director of Weyerhaeuser since June 2012. He was chairman and CEO of Temple-Inland Inc. from 2008 to February 2012, when it was acquired by International Paper. He held various management positions with Temple-Inland, including executive vice president from 2005 to 2007 and chief administrative officer from 2003 to 2005. Before joining Temple-Inland in 1992, he practiced real estate and banking law with Hutcheson & Grundy LLP of Houston.

Clean Power Means Good Jobs for State (Glen Hooks Commentary)

by Glen Hooks 10/27/2014 12:00 am

Arkansas, true to our tradition, has languished as the rest of the nation moves toward a clean-energy future. While the rest of the country is transitioning away from coal-fired electricity, Arkansas has opened two coal-fired power plants in the past five years to join its three older coal-fired power plants.

Land of Opportunity? (Editorial)

by Arkansas Business Editors 10/27/2014 12:00 am

Utility officials and others say the only way Arkansas can meet the EPA goals is by closing a coal-fired plant or two, action that would hurt Arkansas' economy. Regulation is a job killer, they say.

Georgia-Pacific Leads List of Largest Forest Products Companies in Arkansas

by Arkansas Business Staff 10/27/2014 12:00 am

This year's list of largest forest products companies is little changed from last year. One company, however, ITW Shippers of Fordyce with 143 employees in 2013, fell off the list. It has been sold, according to a company employee, but the company failed to respond to repeated requests for information.

Bioenergy Push Spurs 2 New Wood Pellet Plants in Pine Bluff, Monticello

by Jan Cottingham 10/27/2014 12:00 am

Europe's increasing emphasis on renewable energy lies behind the announcements this summer that two companies plan to build wood pellet plants in Arkansas.

Performance, Not Academics, Drive Incentives for SEC Football Coaches

by Lee Hogan 10/23/2014 11:05 am

Football coaches in the Southeastern Conference rake in mounds and mounds of cash for performance incentives, but rarely see much for the academic success of their teams.

Picasolar Receives $800k DOE Grant for Solar Efficiency

by Mark Carter 10/23/2014 10:08 am

The $800,000 DOE grant will be matched by $200,000 from Picasolar. Douglas Hutchings, CEO of both Picasolar and Silicon Solar Solutions, said the SunShot awards are the most prestigious and competitive grants a solar startup can receive.

Wal-Mart Cheered, Jeered for Solar Power Efforts

by Lee Hogan 10/22/2014 12:21 pm

No matter the situation the world's largest retailer involves itself in, rest assured, it will be analyzed, critiqued and questioned to excruciating levels. The latest area is solar power.

16 Arkansas Public School Superintendent Jobs Top $200,000

by Gwen Moritz 10/20/2014 12:00 am

The list includes 247 current-year superintendents of public school districts and a few charter schools, and it ranks them by the total compensation package — salary plus benefits — paid to the superintendent of that school district in the 2013-14 academic year.

Support EPA Requirement (Barbara Jarvis Feedback)

by Barbara Jarvis 10/20/2014 12:00 am

Here is another reason to support the EPA's requirement to lower greenhouse gas emissions from coal-fired power plants.

EPA Proposals Threaten Arkansas (Jason Rapert Commentary)

by Jason Rapert 10/20/2014 12:00 am

Arkansas is fortunate to have among the lowest electricity prices in the nation. Unfortunately, the Environmental Protection Agency's newest proposed carbon rule poses a grave threat to our ability to produce electricity affordably and reliably, and that spells bad news for homeowners and business owners across the state.

Trash Bag Alternative on Fayetteville Shelves

by Michelle Corbet 10/20/2014 12:00 am

Fayetteville's grocery co-operative Ozark Natural Foods is now carrying a compostable substitute for the traditional plastic trash bag created by two University of Arkansas graduates.

Asa Hutchinson to Energy Group: I'll 'Push Back' Against EPA

by Mark Carter 10/17/2014 04:38 pm

Arkansas gubernatorial candidates Mike Ross and Asa Hutchinson addressed the annual conference of the Arkansas Advanced Energy Association Friday afternoon in downtown Little Rock, and as expected the U.S. Environmental Protection Agency's proposed carbon emission regulations were addressed.

Mark Pryor Proposes National Energy Review at AAEA Conference

by Mark Carter 10/17/2014 11:31 am

Mark Pryor provided opening remarks Friday morning at the Arkansas Advanced Energy Association's annual conference, Empowering Arkansas, held at the Doubletree Hotel in downtown Little Rock.

Roy Slagle Retires as CEO of ABF Freight; Tim Thorne to Replace

by Marty Cook 10/16/2014 11:07 am

Roy Slagle retired as CEO and president of ABF Freight System Inc. on Wednesday after 37 years. ABF Freight is the largest subsidiary of ArcBest Corp. of Fort Smith. ArcBest announced Thursday that Tim Thorne would replace Slagle as ABF Freight president.

Arkansas Advanced Energy Association Conference Set for Oct. 17 in Little Rock

by Arkansas Business Staff 10/13/2014 12:53 pm

Three of the region's experts on energy efficiency technology and investment trends will be in Little Rock next week for a one-day Arkansas Advanced Energy Association conference at the Doubletree Hotel in downtown Little Rock.

Development Paused at Interchange as Conway Mulls Annexation

by Arkansas Business Staff 10/13/2014 12:00 am

Although the Conway Corridor project was first touted as a way to encourage more retail and office development, Conway city planners are exploring options that would allow them to limit development along the new corridor.

The Mind of an Entrepreneur (Mitch Bettis Publisher's Note)

by Mitch Bettis 10/13/2014 12:00 am

On Oct. 24, Arkansas Business, in partnership with the College of Business at the University of Arkansas at Little Rock, is hosting another Power Breakfast executive panel.