Energy Archive

SWN Sells Compressed Gas Fuel Stations in Conway, Damascus

by Kyle Massey 5/16/2016 04:38 pm

An affiliate of Southwestern Energy Co. has sold two public CNG fueling stations, one in Conway and the other in Damascus, to American Natural Gas LLC of Saratoga Springs, New York.

Never Say Never (Gwen Moritz Editor's Note)

by Gwen Moritz 5/16/2016 12:00 am

This is the perfect time to increase the fuel tax. Gasoline remains relatively cheap in historic terms, and the price per gallon can easily fluctuate by 5 cents per day. If we are going to have decent roads, we need an adequate and reliable funding mechanism — and spending the state rainy-day fund and nickel-and-diming other government needs just screams inadequate and unreliable, doesn't it?

Attorney Jean Block Joins Little Rock Wastewater (Movers & Shakers)

by Arkansas Business Staff 5/16/2016 12:00 am

Jean Block has been hired as chief legal officer of Little Rock Wastewater. In the new position, Block will serve as legal adviser and counsel to the wastewater utility's staff and the Little Rock Water Reclamation Commission.

Little Rock Wastewater CEO Greg Ramon: Pipe Dreams Won't Require Money Going Down the Drain

by Arkansas Business Staff 5/16/2016 12:00 am

Greg Ramon, who has 26 years of experience in the water and wastewater sector, replaced Reggie Corbitt, who was fired as LRW CEO in January 2014 over what police described as “questionable expenditures.”

Winrock Director Annett Pagan Announces Retirement

by Arkansas Business Staff 5/12/2016 03:26 pm

Winrock International announced Thursday the retirement of Annett Pagan, director of U.S. programs, on May 13.

One-Time Gain Boosts Murphy USA to $86M 1Q Net Income

by Kyle Massey 5/9/2016 09:00 am

Gasoline retailer Murphy USA Inc. of El-Dorado reported first-quarter profits Monday of nearly $86 million, far over its $23 million in income from the same period last year.

Murphy Oil Reports 1Q Loss of $198M

by Kyle Massey 5/4/2016 04:49 pm

Murphy Oil Corp., which announced a sale of oil sands assets in Canada a week earlier, on Wednesday reported a preliminary loss of nearly $200 million for the first quarter of 2016. It also announced a 20 percent workforce reduction.

Cajun Cajoling Adds Fuel to Energy Security Speculation

by Arkansas Business Staff 5/2/2016 12:00 am

Although Energy Security Partners CEO Roger D. Williams has said that “all indications are that Jefferson County will be our home,” he also hasn't expressly ruled out other sites, either.

US Employment, Earnings Gains Rose in March

by Arkansas Business Staff 5/2/2016 12:00 am

The U.S. economy continued to rebound in March, as private-sector employment and average hourly earnings rose.

Conway Corp. Promotes Pair in Damage Prevention (Movers & Shakers)

by Arkansas Business Staff 5/2/2016 12:00 am

Paul Jones has been promoted to senior damage prevention technician at Conway Corp., and Clayton Davis has been promoted to damage prevention technician.

Murphy Oil Subsidiary Sells Alberta Sands to Suncor Energy for $744M

by Kyle Massey 4/28/2016 06:55 am

Murphy Oil Corp. of El Dorado announced Wednesday evening that its Canadian subsidiary has agreed to sell oil sands properties in Alberta to Suncor Energy for about $744 million. CEO Roger Jenkins said the deal will "further place our focus in North America on our unconventional assets" and help the company's balance sheet.

Energy Security Partners CEO Says Fuel Plant 'Not a Risky Project'

by Kyle Massey 4/25/2016 12:00 am

Tell Roger Williams that a multibillion-dollar plant for turning natural gas into liquid fuel near Pine Bluff sounds too good to be true, and he'll turn to history, engineering and finance to argue it's too good not to be.

Energy Security Partners Land Dealings Began in 2015

by Kyle Massey 4/25/2016 12:00 am

In pursuing plans for a natural gas-to-liquid fuel production facility, Energy Security Partners of Little Rock spent more than a year securing the land for its likely plant site in northern Jefferson County.

Melanie Taylor Returns to Entergy Arkansas as Customer Service Director (Movers & Shakers)

by Arkansas Business Staff 4/25/2016 12:00 am

Melanie Taylor has been named director of customer service for Entergy Arkansas' central region in Little Rock effective May 1.

Despite First Steps, ESP's Jefferson County Fuel Factory Not Set in Stone

by Arkansas Business Staff 4/18/2016 12:00 am

Jefferson County taxpayers have picked up the tab for nearly $3 million worth of land, and Energy Security Partners has signed a lease, but the plant site is still not quite a done deal, according to CEO Roger Williams.

Arkansas Midland, Magellan Pipeline Settle on Easement

by Mark Friedman 4/18/2016 12:00 am

Arkansas Midland Railroad Co. last week settled its easement dispute over Magellan Pipeline Co.'s $200 million pipeline project from Fort Smith to Little Rock.

Nucor VP MaryEmily Slate Scraps Her Way to the Top of the Heap

by Kyle Massey 4/18/2016 12:00 am

At 51, MaryEmily Slate is a vice president and general manager for Nucor Steel Arkansas, overseeing more than 700 workers at two steel mills in Mississippi County.

Mississippi County's Nucor: 3 Decades, 4 Facilities

by Kyle Massey 4/18/2016 12:00 am

In Mississippi County, the big news in steel these days is Big River. But the firmly established player in northeast Arkansas steel is Nucor Corp., the largest steelmaker in the United States.

Executive Recruiter Cameron Smith on Assessing Assistants

by Arkansas Business Staff 4/18/2016 12:00 am

Cameron Smith founded the executive recruitment firm Cameron Smith & Associates in 1992. The firm has gone on to become the top provider of executive talent to the almost 1,400 vendors doing business with Wal-Mart Stores Inc.

Big Stipulations from Energy Security Partners Gets Cheap Lease on Land

by Arkansas Business Staff 4/11/2016 12:00 am

So how do you get a 10-year lease on a big chunk of land and pay just $10 a year in rent? If the $100 deal between Energy Security Partners LLC and the Economic Development Corp. of Jefferson County is any indication, you have to make some big promises.