Energy Archive

Renewable Energy Group Buys Tyson Foods' Stake in Dynamic Fuels

by Arkansas Business Staff 5/21/2014 03:59 pm

Renewable Energy Group Inc. has reached an agreement with Tyson Foods Inc. of Springdale to acquire Tyson's 50 percent ownership of Dynamic Fuels LLC, the companies announced Wednesday.

Arkansas Business to Honor 21st 40 Under 40 Class

by Arkansas Business Staff 5/20/2014 10:24 am

For the 21st consecutive year, Arkansas Business will honor the state's outstanding young professionals at a luncheon for its 40 Under 40 class.

Clean Harbors Hit With EPA Fine in El Dorado

by Luke Jones 5/19/2014 12:00 am

The Environmental Protection Agency last week announced that it was fining publicly traded Clean Harbors LLC of Norwell, Massachusetts, $581,236 for several violations discovered at a facility in El Dorado.

Decision-Making in an Uncertain Environment (Karen Moustafa Leonard Expert Advice)

by Karen Moustafa Leonard 5/19/2014 12:00 am

We all make decisions every day. But in uncertain external and internal business environments, organizational decision-making is becoming a more complicated art. Both environments offer unique challenges for every leader.

Jeff Rand Asks for Mulligan on Plea Deal

by Arkansas Business Staff 5/19/2014 12:00 am

Did you know that Jeff Rand, former oil and gas entrepreneur, is trying to undo his plea agreement that resulted in a 57-month sentence for mail fraud?

Arkansas Jobless Rate Falls to 6.6 Percent

by Arkansas Business Staff 5/16/2014 09:51 am

The Arkansas unemployment rate for April dropped to 6.6 percent, according to data released Friday by the state's Department of Workforce Services.

ExxonMobil Donates $250,000 to Relief Efforts

by Christina Huynh, The Associated Press 5/9/2014 07:40 am

ExxonMobil, the company responsible for a large oil spill that polluted a central Arkansas neighborhood, has donated $250,000 on Thursday to aid recovery efforts in the state from last week's severe storms that included a deadly tornado.

Murphy USA Announces Share Repurchase Plan at Annual Meeting

by Luke Jones 5/7/2014 04:00 pm

Murphy USA Inc., the retail gas station spinoff of Murphy Oil Corp. of El Dorado, holds its first shareholders' meeting and announces a $50 million share repurchase program. Also, CEO Andrew Clyde details some of the fuel retailer's strategy for the coming year, noting that the company is in a highly competitive and volatile market.

Murphy USA Income Down in 1Q

by Luke Jones 5/5/2014 04:31 pm

Murphy USA Inc. of El Dorado had income of $9.6 million for its first quarter of 2014, down from $22 million in the same quarter of 2013.

New Hires Saddle Up at Livestock Show Association (Movers & Shakers)

by Arkansas Business Staff 5/5/2014 12:00 am

Sherman Lites has been hired as livestock administrator by the Arkansas Livestock Show Association of Little Rock, and Will Hornburg has been hired as director of sales and promotions.

Osceola Loses Bid to Recoup $4.9M From Entergy

by Mark Friedman 5/2/2014 04:11 pm

A U.S. District Court judge tosses out a lawsuit by the city of Osceola, which attempted to recover $4.9 million from Entergy Arkansas Inc.

Murphy Oil Corp. 1Q Profit Falls

by Luke Jones 4/30/2014 04:15 pm

Income from Murphy Oil Corp.'s slimmed down operations dropped to $169.3 million in the first quarter, down about 7 percent from a year earlier when the company's retail spinoff and a problematic refirnery in the U.K. are excluded.

DeSoto Gathering Co. Sued for $76M

by Luke Jones 4/28/2014 11:30 am

Several Arkansas families are suing a company that owns natural gas compressor stations for a total of $76 million, citing disruptions caused by the stations.

$100M Station in Central Arkansas Proposed Along Planned Wind Highway

by Luke Jones 4/28/2014 12:00 am

A $2 billion, 750-mile transmission line project has been altered so that Arkansans will benefit from the wind energy highway that will be built through the state in coming years.

Get Tickets for Arkansas Business Power Breakfast Panel on Boards of Directors

by Arkansas Business Editors 4/25/2014 04:29 pm

Arkansas Business presents a new event series called Power Breakfast. This program features experts who will share strategies for building an effective board of directors and being an impactful board member. The event will take place on Wednesday, May 7 from 8:30 a.m. to 10:00 a.m. at the Embassy Suites in Little Rock.

APEI Gets $3.5M Contract to Develop Fighter Jet Power Modules

by Mark Carter 4/23/2014 09:24 am

Arkansas Power Electronics International of Fayetteville has been awarded a $3.5 million contract by the U.S. Air Force to develop a high-temperature, silicon-carbide power module for the F-35 Joint Strike Fighter.

Making Chumps of the People (Editorial)

by Arkansas Business Editors 4/21/2014 12:00 am

The actions were enough to get the two fired from the utility but not enough to take them to trial. Now, we're not lawyers, but apparently in some cases it's legal to cheat your employer as long as you didn't mean to.

New Allens Inc. Owners Offer Big Plans with Siloam Springs

by Arkansas Business Staff 4/21/2014 12:00 am

Siloam Springs officials are trying to figure out how to help Allens Inc. efficiently dispose of wastewater generated by increased production at “Plant 1” outside the city limits.

April Beige Book Reports Overall Activity Down Across Arkansas, 8th District

by Mark Carter 4/16/2014 01:30 pm

The April book reports a net decrease in manufacturing activity across the district, a decrease in residential real estate activity, mixed results in commercial real estate, and a decrease in lending from district banks.

Deadline to Nominate for Arkansas Export Awards is April 30

by Mark Carter 4/16/2014 09:46 am

The awards honor Arkansas businesses that excel in the international marketplace, and will be presented at a Governor's Mansion luncheon on May 22. All Arkansas companies that sell in international markets are eligible to be nominated.