Energy Archive

Cooper Tire Thrives in Texarkana

by Mark Friedman 11/23/2015 12:00 am

Cooper Tire employs nearly 2,000 workers, most of whom are members of the United Steelworkers Local 752L, making Cooper Tire one of Arkansas' largest employers.

Wal-Mart's Cindi Marsiglio Sees Progress in Made In USA Initiative

by Arkansas Business Staff 11/23/2015 12:00 am

As Wal-Mart Stores Inc. Vice President of U.S. Manufacturing, Cindi Marsiglio oversees the company's 2013 initiative to spend an additional $250 billion on U.S.-made goods during the next 10 years.

Report: Clean Line Project Could Mean $660M Impact in Arkansas

by Alexis Hosticka 11/19/2015 11:26 am

The construction and operation of the Plains & Eastern Clean Line transmission project could equate to more than $660 million for the Arkansas economy, according to researchers from the Center for Business and Economic Research at the Sam M. Walton College of Business at the University of Arkansas.

Commercial Construction Finds Home In Jonesboro

by George Waldon 11/16/2015 12:00 am

Several new projects and redevelopments along Jonesboro's thoroughfares are simmering, contributing to a tally of commercial construction that topped $66 million through the first nine months of 2015.

Big River Steel Mill Rises in Northeast Arkansas

by Jan Cottingham 11/16/2015 12:00 am

The construction of the Big River Steel mill is a project defined by superlatives: at $1.3 billion, the biggest economic development project in Arkansas history; at $700 million, the biggest construction project in the state; one of the most technologically advanced, etc.

National Flood Insurance Program Helps Protect Arkansans

by Marty Cook 11/9/2015 12:00 am

Residents of NFIP communities are eligible to buy flood insurance from the federal government at premiums dictated by factors that include what kind of floodplain the structure is located on and how elevated the structure is.

In Congress, Arkansas Lawmakers Want Energy Department to Slow Clean Line Review

by Arkansas Business Staff 11/5/2015 02:02 pm

Arkansas' congressional delegation is asking the U.S. Department of Energy to slow the review process for the Plains & Eastern Clean Line transmission project.

Jury Awards Lion Oil $72M in Insurance Claim Fight

by Mark Friedman 11/5/2015 10:42 am

A jury in El Dorado awards $72 million to Lion Oil Co., which accused its insurance carriers of not paying the multimillion dollar claim tied to a months-long interruption of work at its El Dorado refinery.

Better Fuel Margins Aid Murphy USA 3Q Profit

by Lance Turner 11/5/2015 10:10 am

Murphy USA Inc. of El Dorado on Wednesday reported a slight decline in third-quarter net income, but income from continuing operations rose in part on better margins on retail fuel sales.

Court Gives EPA Deadline in Regional Haze Plan

by Mark Friedman 11/3/2015 04:10 pm

A U.S. District Court judge in Arkansas ruled Tuesday the Environmental Protection Agency has until Aug. 31 to approve a regional haze plan for Arkansas, which the Sierra Club said should have been done years ago.

Murphy USA to Sell Texas Ethanol Plant for $94M

by Lance Turner 11/3/2015 07:21 am

Green Plains Inc. of Omaha, Nebraska, agrees to buy an ethanol production facility in Hereford, Texas, owned by Murphy USA Inc. of El Dorado, for $94 million.

Here's North Little Rock's Top 10 Electric Customers for 2014

by Arkansas Business Staff 11/2/2015 12:00 am

North Little Rock Electric's annual report for bondholders, which contains its revenue and the kilowatt hours sold, also includes a list of the city's top 10 electric customers and how much they paid to keep the lights on.

Utilities' Programs Offer Businesses Incentives for Saving Energy

by Jan Cottingham 11/2/2015 12:00 am

Energy is money, and businesses in Arkansas are saving both by taking advantage of energy-efficiency programs sponsored by the state's electric and gas utility companies.

Entergy Rolls With Industry Changes in Coal, Gas, Solar

by Marty Cook 11/2/2015 12:00 am

In the past six years, Entergy Arkansas has made acquisitions that are part and parcel of a $2.4 billion investment in improvements in generation, distribution and transmission projects through 2017.

Leslie Rutledge Engages EPA in Legal Battles

by Mark Friedman 11/2/2015 12:00 am

State Attorney General Leslie Rutledge announced last week that Arkansas would join a multistate lawsuit challenging the Environmental Protection Agency's new rule on ozone, the sixth legal battle she has entered with the federal agency since taking office in January.

Entergy's Rick Riley on Keeping Costs Low, Power Lines High

by Arkansas Business Staff 11/2/2015 12:00 am

Rick Riley is scheduled to become president and CEO of Entergy Arkansas on the retirement of Hugh McDonald in 2016.

Renewable Energy in the U.S. Hits 9.8% of Consumption

by Arkansas Business Staff 11/2/2015 12:00 am

In 2014, renewable energy comprised 9.8 percent of total energy consumption in the United States.

Update: Murphy Oil Reports $1.6B 3Q Loss, Will Cut Workforce

by Lance Turner and Mark Carter 10/29/2015 02:23 pm

Murphy Oil Corp. of El Dorado on Wednesday reported a third-quarter loss of $1.6 billion, or $9.26 per share, and said it will cut its workforce by 23 percent.

Heartland Fund Wins Investment Award for Blue Oak Arkansas

by Arkansas Business Staff 10/28/2015 11:16 am

Heartland Renaissance Fund of Little Rock, an affiliate of Arkansas Capital Corp., has received the 2015 Non-Metro Qualified Low Income Community Investment of the Year Award for its investment in Blue Oak Arkansas, an e-waste recycling project.

Power Technology Installing Laser Projection System at Robinson Theater

by Mark Carter 10/27/2015 11:18 am

The theater will be the first in Arkansas to use a laser light engine for cimema projection and one of just a few cinemas in the world powered by laser light.