Energy

Bank OZK invests in solar energy project

Bank OZK will invest in the construction of a solar power plant which will provide enough renewable energy to power its new corporate headquarters and up to 40 other Arkansas…

Coal mining employment falls, wind energy capacity rises

Coal mining employment has declined in the past decade as coal demand has fallen, according to the U.S. Energy Information Administration (EIA). Most U.S. coal is consumed in the electric power sector,…

Executive Q&A: Entergy Arkansas’ Danny Games

Danny Games is the director for Business & Economic Development with Entergy Arkansas. A veteran of economic development circles, he has previously worked as the Executive Vice President of Global…

Solar bringing jobs, savings and investment to Arkansas

In our state, the solar industry has a tremendous chance to become an increasingly important economic driver. The following figures further demonstrate the increasing demand for advanced energy resources that…

Entergy Arkansas certifies Jefferson Industrial Park and Frazier Pike sites

Jefferson County economic development officials and the Little Rock Port Authority were recognized by Entergy Arkansas’ Office of Business and Economic Development for receiving a Select Site certification. The designation…

NextEra Energy Resources begins construction on 100-megawatt solar plant near Lake Village

NextEra Energy Resources LLC, a subsidiary of NextEra Energy Inc., and electricity utility Entergy Arkansas announced Monday (Dec. 2) the start of construction on the 100-megawatt Chicot Solar Energy Center…

Gasoline prices similar to last year for holiday travelers

Gasoline prices this year are similar to prices in recent years as U.S. households prepare for Thanksgiving and to travel this holiday season, according to the U.S. Energy Information Administration…

Arkansas Public Service Commissioner Kimberly O’Guinn named to national executive committee

The National Association of Regulatory Utility Commissioners President Brandon Presley of Mississippi has made two new appointments to the Executive Committee. Arkansas Public Service Commissioner Kimberly A. O’Guinn was tapped…

Producers Rice Mill, Scenic Hill Solar announce 26 MW solar power plant in Stuttgart

Producers Rice Mill and Scenic Hill Solar announced plans Monday (Nov. 25) to build a 26 MW DC solar power plant combined with up to 40 MWh of energy storage…

C&L, Today’s Power to build 1-megawatt solar array in Star City

C&L Electric Cooperative (C&L) and Today’s Power Inc. (TPI) recently started construction on a 1-megawatt solar array near the headquarters of the cooperative in Star City. The project will include a single-axis…

U.S. achieved record natural gas production, use in 2018

The United States set records in natural gas production, consumption and exports in 2018, according to the U.S. Energy Information Administration (EIA). Dry natural gas production rose 12% in 2018…

China, Southeast Asia to account for more than half of jet fuel demand growth

Global demand for jet fuel is expected to rise through 2050 and increase at a faster rate in countries that are not members of the Organization for Economic Cooperation and…

46 natural gas pipeline projects to be completed in 2019

Natural gas pipeline capacity is expected to increase between 16 billion cubic feet per day and 17 billion cubic feet per day in the United States in 2019, according to…

Big River Steel closes deal with U.S. Steel, values Osceola mill at $2.3 billion

Privately held Big River Steel in Northeast Arkansas has closed on its deal announced last month to make United States Steel Corp. a minority stakeholder of the company’s scrap recycling…

Maumelle Champs site gains certification

Maumelle economic officials were recognized Tuesday (Nov. 5) by Entergy Arkansas for the city’s preparation of economic development sites. Entergy Arkansas’ Office of Business and Economic Development gave a Select…

Majority of utility-scale battery systems use lithium-ion technology

Most utility-scale battery systems used for energy storage on the U.S. electric grid use lithium-ion batteries, and they have high-cycle efficiency, quick response times and high energy density, according to…

Murphy Oil posts higher 3Q profits on strong crude prices

Murphy Oil Corp., which exited its longtime deepwater oil operations in Malaysia during the third quarter, easily beat Wall Street expectations as the Arkansas oil explorer benefitted from premium crude…

Murphy USA touches yearly high as profits jump 54% from a year ago

El Dorado-based Murphy USA’s stock touched a 52-week high Wednesday (Oct. 30) after the Arkansas convenience store chain saw improved third quarter earnings on strong gasoline and merchandise sales and…

Strong utility earnings boost Entergy Corp.’s 3Q financial results

New Orleans-based Entergy Corp.’s third quarter earnings fell well short of year ago results but the parent of Arkansas’ largest electric provider still beat Wall Street estimates by posting robust…