Energy Archive

Arkansas Ends Fiscal Year with $191M Surplus

by Mark Carter 7/2/2015 10:59 am

Arkansas ended the fiscal year with a surplus of $191.6 million, according to data released Thursday by the state Department of Finance & Administration.

Hutchinson Announces State Board Appointments

by Arkansas Business Staff 7/2/2015 09:29 am

Gov. Asa Hutchinson announced the latest round of appointments to state boards, panels and committees.

Slideshow: 40 Under 40 Honorees Recognized At Luncheon

by Alexis Hosticka 6/29/2015 12:00 am

The 2015 class of Arkansas Business' 40 Under 40 were honored at a luncheon at the Embassy Suites in Little Rock on Wednesday. Each honoree gave a brief acceptance speech and answered questions such as, “What advice would you give your 20-year-old self?” and “What do you want your legacy to be 20 years from now?”

Diamond Pipeline Asks for Condemnations in Four Counties

by Arkansas Business Staff 6/29/2015 12:00 am

The company behind a planned $900 million crude oil pipeline filed several petitions in the past month to gain access to property for the line.

Victory Blue Unveils New Plant in North Little Rock

by Austin DuVall 6/29/2015 12:00 am

Victory Blue, a national manufacturer of diesel exhaust fluid, held an open house recently to celebrate the opening of its new manufacturing facility at 700 Dixie St. in North Little Rock.

Improvements to Grid Include Advancing Cyber Security

by Sean Beherec 6/29/2015 12:00 am

In addition to grid improvements, the energy industry in Arkansas is also working together on advancements in cyber security, said Nick Brown, the CEO of Southwest Power Pool. In his opinion, cyber attacks present the most significant risk to the grid.

Modern Grid Improvements Drawing Billions of Dollars

by Sean Beherec 6/29/2015 12:00 am

In the utility industry, the ongoing pursuit of greater efficiency and reliability drives many large-scale capital improvements. From new computer modeling to upgrading building materials to maximize efficiency, utilities and operators around the state are focusing on ways to modernize the grid.

US Chamber Official: Modest Gas Tax Hike Best Way to Fund Highways

by Mark Carter 6/25/2015 03:36 pm

The best way to keep the U.S. Highway Trust Fund solvent is to raise the federal user fee that funds it, said Janet Kavinoky, director of transportation and infrastructure for the U.S. Chamber of Commerce, in Little Rock.

Arvest Survey: Arkansans Making Major Household Purchases

by Alexis Hosticka 6/23/2015 10:25 am

Arkansas consumers have more student loans but are carefully paying bills and making large purchases, according to the third installment of the spring 2015 Arvest Consumer Sentiment Survey. The survey said that 24 percent of Arkansas respondents plan to make a major household purchase in the next six months.

Matt Morais Named Associate General Counsel at Southwest Power Pool

by Arkansas Business Staff 6/22/2015 09:38 am

Morais will be responsible for legal and regulatory policy issues involving Federal Energy Regulatory Commission matters related to markets and operations, according to a news release.

Arkansas Business Presents the 40 Under 40 Class of 2015

by Gwen Moritz 6/22/2015 12:00 am

This week's Arkansas Business is dedicated to our 22nd class of 40 Under 40 honorees, those young leaders of business, government and nonprofits that our internal selection team believes readers need to know.

Fayetteville Express Pipeline Says Tax Assessment Too High

by Arkansas Business Staff 6/22/2015 12:00 am

Fayetteville Express Pipeline LLC has filed a challenge to the Arkansas Public Service Commission's 2014 tax assessment of its pipeline.

McClelland Consulting Engineers Adds Three to Fayetteville Office (Movers & Shakers)

by Arkansas Business Staff 6/22/2015 12:00 am

Adam Lesso, William Fellows and Nick Batker have been hired by McClelland Consulting Engineers Inc. and will work from its Fayetteville office.

The Value of Humility (Editorial)

by Arkansas Business Editors 6/22/2015 12:00 am

Interviewing our 40 Under 40 honorees remains for the Arkansas Business staff an interesting and often uplifting assignment despite years of experience. Reading the stories of so many productive people is a cure for cynicism.

Former 40 Under 40 Member Chris Olsen on Staying Evergreen in Business

by Arkansas Business Staff 6/22/2015 12:00 am

In partnership with his father, Chris Olsen bought the Doramus landscape company in 1996, changing the name to Horticare and selling it in 2005. In 2003, he opened his second home and garden store, Botanica Gardens. In May, Olsen opened Plantopia Home & Garden Center in North Little Rock.

Arkansas Jobless Rate Steady at 5.7 Percent

by Arkansas Business Staff 6/19/2015 09:30 am

The state's unemployment rate was steady at 5.7 percent in May, according to data released Friday by the Arkansas Department for Workforce Services.

Report: Benton County Tops in US in Wage Growth

by Mark Carter 6/18/2015 09:07 am

The bureau measured the nation's 339 largest "jobs" counties, and Benton County's 9.9 percent wage growth from December 2013 to December 2014 was the highest in the U.S.

NLR Company First in Arkansas to Get FAA Approval for Commercial Drone Use

by Mark Carter 6/17/2015 02:12 pm

A North Little Rock company is the first in the state to receive Federal Aviation Administration approval to operate unmanned aerial systems commercially.

Sediver Incentives Included Cash from Arkansas, West Memphis

by Arkansas Business Staff 6/15/2015 12:00 am

The French manufacturer that plans to produce insulators for the Plains & Eastern Clean Line transmission line project was offered a host of incentives for opening a plant in West Memphis.

Corporate Citizenship (Editorial)

by Arkansas Business Editors 6/15/2015 12:00 am

The cost of a customer rewards campaign by a Canadian bank giving away flowers and baseball tickets had to have been dwarfed by the enormous goodwill it generated. So how much greater then is the goodwill generated by something like Murphy Oil Corp.'s El Dorado Promise?