Energy Archive

ExxonMobil Subsidiaries Won't Move Pipeline from Arkansas Watershed

by Associated Press 8/2/2015 01:12 pm

Two subsidiaries of ExxonMobil said in a court filing Friday that they won't move the Pegasus Pipeline from beneath the watershed where Central Arkansas gets most of its drinking water.

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.

Biodiesel Industry Falters; Lack of Support Cited

by Austin DuVall 7/20/2015 12:00 am

Declining gasoline prices that cut demand for biodiesel and the increasing popularity of compressed natural gas as a fuel are two other factors behind the industry's doldrums, the Arkansas Economic Development Commission and others say.

U.S. Energy Imports Predicted to Fall

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

U.S. net energy imports, including all fuels, are expected to decline and then end by 2030, according to the Annual Energy Outlook 2015, a report by the U.S. Energy Information Administration. The end of net imports would be the first time that has been the case since the 1950s, the agency said.

Once Bright, Wind Sector In Arkansas Founders

by Sean Beherec 7/20/2015 12:00 am

What began as a promising new manufacturing sector for the state has petered out into one the Arkansas Economic Development Commission no longer actively pursues.

Delta Bioenergy Goes Local in DeWitt

by Austin DuVall 7/20/2015 12:00 am

A micro-refinery in DeWitt is the test site for a much larger initiative by Delta Bioenergy, a project powered by Communities Unlimited of Fayetteville, a nonprofit. The organization's goal is to provide infrastructure services to underprivileged areas and allow for lasting economic and entrepreneurial growth.

Harbor's Leslie Davis on How Companies Can Reduce Waste, Regulation

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

Leslie Davis, vice president and principal at Harbor Environmental & Safety of Little Rock, co-founded the environmental, safety and engineering consulting firm with Trena Adair in 2007. Davis specializes in acquisition assistance and implementation of compliance management systems.

Ozarks Electric to Build Solar Generation Facility in Springdale

by Alexis Hosticka 7/16/2015 01:15 pm

Ozarks Electric will soon begin construction of a one-megawatt solar generation facility in Springdale, the company announced on Wednesday.

Arkansas Business to Honor 2015 Best Places to Work at Sept. 16 Luncheon

by Arkansas Business Staff 7/16/2015 11:33 am

Arkansas Business will honor its 2015 Best Places to Work in Arkansas at an awards luncheon Wednesday, Sept. 16.

Clean Line Gets $50M Investment for Wind Projects

by Arkansas Business Staff 7/13/2015 03:38 pm

Clean Line Energy Partners, the company planning a $2 billion, 750-mile transmission line to run through Arkansas, will receive an investment of up to $50 million from Bluescape Resouces, a private energy investment firm.

Springdale Water, Little Rock Beef Up CNG Fleets

by Sean Beherec 7/6/2015 12:00 am

While private companies have reported benefits from using or offering compressed natural gas, several cities and utilities in Arkansas have also turned to the alternative fuel source. Springdale Water Utilities added CNG trucks to its fleet last year, and the city of Little Rock has been purchasing more of the vehicles.

CNG Stations Continue Expansion in Arkansas

by Sean Beherec 7/6/2015 12:00 am

Compressed natural gas stations around the state are seeing gains in fuel sales and demand, despite lower costs this year for traditional fuels.