Energy Archive

First Electric Adds Solar With Today's Power

by Arkansas Business Staff 2/9/2016 02:06 pm

First Electric Cooperative of Jacksonville recently entered into a service agreement with Arkansas-based Today's Power Inc. (TPI) to install a one-megawatt AC solar array.

Arkansas Sees Volume, Value of Biggest Deals Drop

by Jan Cottingham 2/8/2016 12:00 am

The value of mergers and acquisitions last year reached a record high worldwide and in the United States, but Arkansas was a different story. The known value of big deals in the state — those worth $9 million or more — fell 53 percent in 2015 compared with 2014, to $8.8 billion compared with $16.6 billion.

Personal Income in Arkansas Metro Areas See Increase

by Arkansas Business Staff 2/8/2016 12:00 am

The eight metropolitan areas of Arkansas reported increases in local area personal income in 2014, with growth ranging from 1.6 percent in Pine Bluff to 4.1 percent in Fort Smith.

UALR Helping Defuse Terrorism Recruitment

by Mark Carter 2/8/2016 12:00 am

Perpetrators of violent extremism successfully recruit potential members through social media, and a campaign including a team from the University of Arkansas at Little Rock is underway to counter their efforts.

Murphy USA to Sell CAM Pipeline for $85M; 4Q Income Down 32 Percent

by Alexis Hosticka 2/4/2016 09:24 am

Murphy USA Inc. of El Dorado on Wednesday announced fourth-quarter net income of $66.7 million, down 32 percent from $98.3 million in the same quarter in 2014.

Murphy USA Plans for Growth Without Wal-Mart

by Joan Hershberger, El Dorado News-Times 2/1/2016 07:52 am

Murphy USA's newest direction came as the result of Wal-Mart's decision to develop its own gasoline program. But the abrupt change in the business relationship did not catch Murphy USA CEO Andrew Clyde unprepared.

Facebook Posts Raise Questions For Employers

by Mark Friedman 2/1/2016 12:00 am

The Arkansas Court of Appeals ruled in December that a woman who was fired for posting “arguably” critical comments about her employer on Facebook could receive unemployment benefits. It's the latest decision in an escalating legal war between employment and social media.

EPA: Crittenden County Meets Ozone Standard

by Mark Carter 1/28/2016 02:56 pm

The U.S. Environmental Protection Agency announced Thursday that it plans to approve a state request to designate Crittenden County in northeast Arkansas as having met the federal 2008 ozone standard.

4Q Loss Brings Murphy Oil's Red Ink to $2.2B in 2015

by Arkansas Business Staff 1/27/2016 04:22 pm

Murphy Oil Corp. of El Dorado on Wednesday reported a fourth-quarter loss of $587.1 million, or $3.41 per share, leading to an annual net loss of $2.2 billion, or $13.03 per share. CEO Roger Jenkins said the firm will focus on keeping operating costs low to weather low oil prices.

Southwest Power Pool Adds 2 New Board Members

by Arkansas Business Staff 1/26/2016 11:01 am

Graham Edwards and Bruce Scherr were elected to the SPP board at a meeting in Oklahoma City. The appointments are effective immediately, the company said, and expand the board to nine members.

Amanda Mathis Steps Up at Natural Resources Conservation Service (Movers & Shakers)

by Arkansas Business Staff 1/25/2016 12:00 am

Amanda Mathis, formerly the district conservationist in Berryville and Searcy, has been named assistant state conservationist for the USDA's Natural Resources Conservation Service in Little Rock.

Mark Barnett To Lead EGP in New Jonesboro Office (Movers & Shakers)

by Arkansas Business Staff 1/25/2016 12:00 am

Mark Barnett Jr. has been hired to lead the new Jonesboro location of EGP PLLC Certified Public Accountants & Consultants. As branch director, Barnett will spearhead the firm's efforts in accounting, auditing and financial consulting services for businesses and individuals.

A Master Class in Feedback (Barry Goldberg On Leadership)

by Barry Goldberg 1/25/2016 12:00 am

Every year, aspiring singers participate in auditions for the New York Metropolitan Opera. Judges provide feedback to each of the singers. Most of the conversations were great examples of powerful feedback, delivered with skill and impact.

Central Arkansas Water Names C. Tad Bohannon CEO

by Arkansas Business Staff 1/22/2016 08:41 am

Central Arkansas Water announced Thursday that it had selected C. Tad Bohannon as CEO, effective immediately.

Southwestern Energy Lays Off 600 in Arkansas As Prices Fall

by Alexis Hosticka 1/21/2016 10:08 am

Southwestern Energy Co. of Houston said Thursday it is laying off 1,100 employees, including 600 throughout its Fayetteville Shale operations in Arkansas, amid a steady decline in natural gas prices.

PSC to Hold Hearing on Entergy Rate Increase

by Lance Turner 1/19/2016 06:57 am

The Arkansas Public Service Commission will holding a hearing today on Entergy Arkansas Inc.'s request to raise electric rates this year.

NLR Chuy's Rings Up $4.5M Transaction (Real Deals)

by George Waldon 1/18/2016 12:00 am

The sale of a North Little Rock eatery tipped the scales at $4.5 million. A Sherwood car wash transaction weighed in at $2.5 million. And apartments in midtown Little Rock changed hands in a $1.74 million deal.

Central Arkansas Economy Shows Growth in 2015

by Arkansas Business Staff 1/18/2016 12:00 am

The economic recovery in central Arkansas accelerated in 2015, with job growth surpassing the national average since March, said Metroplan, the federally designated planning agency for Pulaski, Faulkner, Saline and Lonoke counties.

Jeff Hickle Chosen To Chair Arkansas Water Works (Movers & Shakers)

by Arkansas Business Staff 1/18/2016 12:00 am

Jeff Hickle has been elected chair of the northwest district of the Arkansas Water Works & Water Environment Association for 2016.

SPP to Take Part in National Grid Improvement Project

by Arkansas Business Staff 1/15/2016 10:34 am

Southwest Power Pool will work with the U.S. Department of Energy on its Grid Modernization Initiative to improve the reliability and security of the nation's electricity delivery system, the company announced.