Energy Archive

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.

Shale Play Loan Hits Nonaccrual at Heartland Bank

by George Waldon 4/11/2016 12:00 am

Among Heartland's biggest and worst energy-related loans is one connected with a shale play in the New Albany formation of eastern Illinois.

Southwest Power Pool's Nick Brown Recognized by Honor Society (Movers & Shakers)

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

Nick Brown, president and CEO of Southwest Power Pool in Little Rock, has received the 2016 Business Achievement Award from Beta Gamma Sigma International Honor Society.

Melanie Taylor Promoted to Director of Customer Service at Entergy Arkansas

by Arkansas Business Staff 4/7/2016 01:57 pm

Arkansas native and 18-year Entergy veteran Melanie Taylor has been hired as the new director of customer service for the central region in Little Rock, Entergy Arkansas Inc. announced Thursday.

Murphy Oil Corp. Issues 35-cent Dividend

by Kyle Massey 4/6/2016 11:10 am

Murphy Oil Corp. of El Dorado declared a quarterly dividend of 35 cents a share on Wednesday, maintaining a dividend level it has kept up since 2014 despite depressed oil prices.

Energy Security Partners Signs Land Lease for Jefferson County Fuel Plant

by Kyle Massey 4/4/2016 01:04 pm

A site near Pine Bluff has won the competition to become home to a multibillion-dollar plant for turning natural gas into liquid fuel, economic development officials say.

Fox Ridge Pair Combine For $46M Transaction (Real Deals)

by George Waldon 4/4/2016 12:00 am

Two Fox Ridge assisted living centers in Pulaski County generated eight-digit transactions, and a 2,200-SF Taco Bell in North Little Rock served up a $1.88 million sale.

LM Wind Power to Build 44K-SF Warehouse at Little Rock Port

by Lance Turner 4/1/2016 11:18 am

LM Wind Power said Friday that it will consolidate its two Little Rock operations at the city's port and build a new 44,000-SF warehouse there to open in July.

East Camden Solar Plant Turns on Power

by Arkansas Business Staff 4/1/2016 10:27 am

The power turned on Thursday at the state's largest solar installation, a 12MW solar plant in East Camden.

Roger Jenkins' Pay Rises as Others' Fall at Murphy Oil

by Kyle Massey 3/29/2016 11:49 am

Murphy Oil Corp. CEO Roger Jenkins received $14 million in total compensation despite a salary freeze and no bonus.

Siemens Lawsuit Against Monticello Tossed

by Arkansas Business Staff 3/28/2016 12:00 am

The city of Monticello recently received an early victory in its legal fight with the Illinois contractor hired for a $10 million water project.