Energy Archive

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.

Stephen K. Parks' Coal Tax-Credit Scam a Deep, Dark Pit

by Mark Friedman 3/28/2016 12:00 am

Pleading guilty to a coal tax-credit scheme and entering federal prison last year didn't settle the legal issues surrounding Little Rock businessman Stephen K. Parks.

Stephen Parks' Failed Attempt to Become a Coal King

by Mark Friedman 3/28/2016 12:00 am

2013 was supposed to be a banner year for Little Rock businessman Stephen K. Parks' coal businesses, but things were falling apart even before the year arrived.

Department of Energy Gives Approval for Clean Line Project

by Alexis Hosticka 3/25/2016 02:36 pm

The Department of Energy will participate in the development of the Plains & Eastern Clean Line Project, a major clean energy infrastructure project, U.S. Secretary of Energy Ernest Moniz announced Friday.

Arkansas February Unemployment Rate Falls to 4.2 Percent

by Lance Turner 3/25/2016 09:19 am

Arkansas' February unemployment rate is 4.2 percent, down from 4.4. percent in January and 5.6 percent in the same month last year, according to report Friday from the state Department of Workforce Services.

ArkUAV Receives FAA Exemption for Commercial Drone Operations

by Arkansas Business Staff 3/23/2016 10:27 am

Little Rock drone company ArkUAV has received an exemption from the FAA to fly unmanned aerial vehicles for commercial use after applying for it in July 2015.

Coulson Sees Costly Changes Ahead for Gas Stations

by Alexis Hosticka 3/22/2016 03:22 pm

Beginning in October 2017, pay-at-the-pump gas stations will be required to use machines that accept EMV credit cards, a potentially expensive adjustment, according to Coulson Oil Co. Chairman Mike Coulson.

M&M Bankruptcy Lists Over $8 Million in Debts

by Arkansas Business Staff 3/21/2016 12:00 am

The Conway firm that provided environmental services to the oil and gas industries filed for bankruptcy liquidation last month, but it didn't list many financial details. The amended filing reports M&M has $3.2 million in assets.

Arkansas Business Presents The Power List 2016

by Gwen Moritz 3/21/2016 12:00 am

The total number on our list this time is 179, but our goal has never been a particular number. Our goal is to give readers a resource to help navigate the leadership of the largest companies or institutions in the individual industries. And some industries have broader bases than others.

Big River Plant Processes First Batch of Steel

by Arkansas Business Staff 3/18/2016 11:46 am

Big River Steel said Friday that it has commissioned its first steel-processing machinery, the first step in a phased start-up of the $1.3 billion plant near Osceola.

Murphy USA CEO Andrew Clyde Sees Pay Boost in 2015

by Kyle Massey 3/17/2016 11:00 am

Stock awards lifted the pay of Murphy USA Inc. CEO Andrew Clyde in 2015, raising his total compensation to $5.6 million, about a half-million dollars more than he earned in 2014.

Arkansas' Unemployment Rate Falls to 4.4 Percent

by Alexis Hosticka 3/14/2016 10:36 am

Arkansas' seasonally adjusted unemployment rate dropped three-tenths of a percentage point from December to 4.4 percent in January, according to a report Monday by the Arkansas Department of Workforce Services.

Exception to Road Rule Helps Northeast Arkansas Get I-555

by George Jared 3/12/2016 12:27 pm

It has taken more than four decades, but northeast Arkansas finally has an interstate. "This will significantly impact the economy in this part of the state," Arkansas Highway and Transportation Department district 10 Engineer Walter McMillan said.

Window Mart to Expand in Hot Springs

by Arkansas Business Staff 3/11/2016 09:02 am

Window Mart of Royal (Garland County) plans to expand its existing facility at 5760 Albert Pike Road with a $6.5 million investment over the next two to three years.

Drones: Farmers' Eyes Take To Arkansas Skies

by Jan Cottingham 3/7/2016 12:00 am

Drones have the potential to revolutionize agriculture in Arkansas, but the nature of that revolution remains unclear, farmers and those who work with them say.

Powers Promotes Keen to President (Movers & Shakers)

by Arkansas Business Staff 3/7/2016 12:00 am

Steve Keen has been promoted to president of Powers of Arkansas, a North Little Rock HVAC company. Keen, who has worked for Powers of Arkansas for 10 years, was formerly president of HVAC and controls.

GLO Airlines CEO Trey Fayard on Trimming Layovers from Flyover Country

by Arkansas Business Staff 3/7/2016 12:00 am

Trey Fayard is the founder and CEO of GLO Airlines, which has direct flights from Little Rock's Clinton National Airport to New Orleans and, beginning in late March, to Destin-Fort Walton Beach, Florida.