Energy Archive

Walmart CEO Doug McMillon Leads List of Public Companies Executive Compensation

by Gwen Moritz 8/5/2019 12:00 am

The number of publicly traded companies in Arkansas is stable this year thanks to a couple of small IPOs and the federal government shutdown late last year, and Walmart executives continue to dominate the list of highest paid executives.

Q2 Report Finds Profits Down at Murphy USA

by Kyle Massey 8/1/2019 09:52 am

Fuel and convenience retailer Murphy USA Inc. of El Dorado reported flat revenue and decreased profits in reporting its second-quarter performance, a result of diminished returns on gasoline sales and higher operating costs.

Nick Brown to Retire After 16 Years as SPP's CEO

by Kyle Massey 7/30/2019 10:35 am

Nick Brown, who arrived at Southwest Power Pool as an engineer in 1985, announced Friday that he's retiring as the regional power transmission service's CEO effective in April.

US Business Economists See Slower Growth and Profits Ahead

by Associated Press 7/29/2019 11:09 am

U.S. business economists expect economic growth to slow this year, and a rising proportion of them think corporate sales and profits will decline.

Lonoke County Acreage Sold for More Than $3.6M

by Arkansas Business Staff 7/29/2019 12:00 am

Farmland in Lonoke County, a postal building and car wash in west Little Rock and an office building in downtown Little Rock form this week's quartet of million-dollar transactions.

State's Voters to Rule Again on Sales Tax for Road Work

by Marty Cook 7/29/2019 12:00 am

In 2012, Arkansans got to vote on a proposal to help fund highway construction. In 2020, they will get to do it again on a permanent basis.

Searcy Water Utilities Joins Solar Parade

by Kyle Massey 7/22/2019 07:10 am

Searcy is Arkansas' latest municipality mixing water and sunshine, partnering with Entegrity of Little Rock in a 5.7-megawatt solar power project to fully offset power consumption by Searcy Water Utilities.

Maumelle Warehouse Sold for $20.7M

by Arkansas Business Staff 7/22/2019 12:00 am

A 484,932-SF distribution facility in Maumelle, a 54-room motel in North Little Rock, 80 acres in Benton, a 3,889-SF home in Little Rock, a 2,952-SF eatery in southwest Little Rock and a 19-unit apartment complex in Conway combine for this week's six-pack of million-dollar real estate transactions in central Arkansas.

Arkansas Floods Force New Look at Old Levees

by Jan Cottingham 7/22/2019 12:00 am

The historic spring flooding in Arkansas caused at least $100 million in damage. Now comes the re-evaluation of Arkansas' long-neglected levee system, which will surely seek to address at least two big public policy questions: Who should be responsible for the levees? Who should pay for their maintenance?

Arkansas Cities, Counties Get Their Day in the Sun

by Kyle Massey 7/22/2019 12:00 am

Arkansas cities, counties and school districts are taking advantage of new financing to save money by going solar.

Public-Private Partnerships Making Progress in Arkansas

by Mark Friedman 7/22/2019 12:00 am

Arkansas is less than a year away from tapping a rich new source of economic development, public-private partnerships that will build and operate public assets like college dormitories or parking decks.

Judging a Clean Line Book by Its Hero and Antagonist

by Kyle Massey 7/22/2019 12:00 am

A new book by Russell Gold, “Superpower: One Man's Quest to Transform American Energy," casts Clean Line Partners' bid to build a huge transmission line for solar and wind power across mid-America as visionary and environmentally heroic.

ADEM Chief A.J. Gary Runs Risk Factors for Safest Scenarios

by Arkansas Business Staff 7/22/2019 12:00 am

A.J. Gary, the director of the state's emergency management, says businesses need to have plans and to make sure employees know them.

Arkansas Unemployment Drops to 3.5%, A New Record Low

by Sarah Campbell-Miller 7/19/2019 10:54 am

Arkansas' unemployment rate dropped by one-tenth of a percentage point in June, to 3.5% from 3.6% in May.

Stuttgart, Already Known for Solar, Partners With Scenic Hill to Power City

by Kyle Massey 7/16/2019 10:34 am

Stuttgart, which bills itself as the world capital for rice production and duck hunting, is partnering with Scenic Hill Solar of North Little Rock to power all city government operations with sun energy from a new 3.15-megawatt solar plant.

UA Little Rock Energy Management Chief Takes National Award

by Kyle Massey 7/15/2019 10:20 am

Ian Hadden, the university's director of energy management services, was one of four nationwide honored for excellence by the former Association of Physical Plant Administrators at the APPA's annual conference in Denver.

Jonesboro's Kevin Miller Recognized by State Fire Chiefs Association (Movers & Shakers)

by Arkansas Business Staff 7/15/2019 12:00 am

Fire Chief Kevin Miller of Jonesboro has received the E.W. Sewell Fire Chief of the Year Award from the Arkansas Fire Chiefs Association.

Arkansas Business to Honor 2019's 'Best Places to Work'

by Arkansas Business Staff 7/10/2019 10:47 am

Arkansas Business will honor more than 40 companies designated among this year's "Best Places to Work" during an awards luncheon in September.

Murphy Closes $2B Exit From Malaysia, Buys Back Stock

by Kyle Massey 7/10/2019 09:29 am

Murphy Oil Corp. of El Dorado has closes on its $2 billion deal to shed its offshore operations in Malaysia, adding that it has also repurchased $300 million in stock.

Inwood, Whisenhant Added to iProv (Movers & Shakers)

by Arkansas Business Staff 7/8/2019 12:00 am

James Inwood and Jake Whisenant have joined iProv LLC in Little Rock.