Energy Archive

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.

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 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.

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.

Fayetteville Firm Gets NASA Grants to Make Circuits for Venus Probe

by Mark Carter 7/28/2015 10:46 am

Ozark Integrated Circuits of Fayetteville has received two grants from NASA to develop heat-resistant circuits that can operate on the surface of Venus and AEDC board approval to further develop its patent-pending UV detector.

SPP: State-by-State Approach to Cutting Emissions Costly

by Mark Carter 7/27/2015 02:19 pm

Southwest Power Pool says the proposed federal Clean Power Plan will result in higher energy costs if instituted on a state-by-state basis.

EquityNet's Judd Hollas Sees Plenty of Room in Crowdfunding

by Arkansas Business Staff 7/27/2015 12:00 am

Before founding EquityNet in 2005, Judd Hollas was division manager for Beta-Rubicon Inc. of Fayetteville, a consulting firm specializing in technology assessment and business due diligence services. He has 20 years of experience as an independent technology analyst and investment manager in the private and public domains.

Rob Anderson Joins Arkansas Farm Bureau as PR Director (Movers & Shakers)

by Arkansas Business Staff 7/27/2015 12:00 am

Rob Anderson, formerly the director of content strategy for three years at Cranford Johnson Robinson Woods in Little Rock, has been hired as director of public relations at Arkansas Farm Bureau.

PAM Transport 2Q Profit Up 43 Percent

by Marty Cook 7/24/2015 08:09 am

PAM Transport of Tontitown reported second-quarter income of $7 million Thursday, an increase from $4.9 million in the second quarter of 2014.

Deltic Timber 2Q Profit Down 85 Percent

by Lance Turner 7/22/2015 03:42 pm

Wet weather conditions and a slow housing market dampened second-quarter profit for Deltic Timber Corp. of El Dorado, the real estate and timber company reported Wednesday.

Winners and Losers (Editorial)

by Arkansas Business Editors 7/20/2015 12:00 am

A couple of green industries in Arkansas — wind and biodiesel — have taken hits in the past few years, as this issue of Arkansas Business makes clear.