Energy

Brent crude oil price in 2019, 2020 to remain lower than 2018

International benchmark Brent crude oil is expected to rise from $61 per barrel in 2019 to $65 per barrel in 2020, up from the end of 2018 but lower than…

UA team to construct prototype transformer

Faculty and staff of the University of Arkansas and its National Center for Reliable Electric Power Transmission at the Arkansas Research & Technology Park in south Fayetteville are working with…

Renewable energy collects 93% of federal subsidies

Renewable energy obtained 93% of federal energy fuel subsidies while generating 22% of total U.S. energy in fiscal year 2016, according to data from the U.S. Energy Information Administration (EIA)….

Cooperatives CEO Duane Highley wins communications leadership award

Duane Highley, president and CEO of Arkansas Electric Cooperative Corporation (AECC) and Arkansas Electric Cooperatives, Inc. (AECI), recently received the 2019 J.C. Brown Award for CEO Communication Leadership. The J.C….

U.S. power sector to add nearly 24 gigawatts of capacity

The U.S. electric power sector is expected to add 23.7 gigawatts and retire 8.3 gigawatts of generating capacity in 2019, according to the U.S. Energy Information Administration (EIA). This data,…

Africa, Asia, Middle East drive energy consumption growth

Africa, Asia and the Middle East drove nearly all growth in global energy consumption, between 2010 and 2016, according to the U.S. Energy Information Administration (EIA). The new data on…

SWEPCO seeks 1,200 megawatts of wind energy projects

Southwestern Electric Power Co. (SWEPCO), a utility company of Columbus, Ohio-based American Electric Power (AEP), will request proposals for up to 1,200 megawatts of wind energy projects to be in…

Crude oil, gasoline prices lower at end of 2018

Prices for crude oil and gasoline were lower at the end of 2018 than they were at the start of the year, marking the first time since 2015 the prices…

NREL promotes benefits of floating solar panel systems

Installing floating solar photovoltaic panels on the more than 24,000 man-made reservoirs in the United States would generate about 10% of U.S. electricity production annually, according to the National Renewable…

OG&E to submit plan to reduce coal-fired power to Arkansas, Oklahoma regulators

Oklahoma Gas & Electric, which has more than 800,000 customers in Oklahoma and western Arkansas, is joining Entergy Corp. and other top U.S. regulated utilities in announcing new strategic plans…

Gov. Hutchinson appoints Justin Tate to Arkansas Public Service Commission

Gov. Asa Hutchinson announced Thursday (Dec. 20) he has appointed Justin Tate of Little Rock to the Arkansas Public Service Commission (PSC). Tate will replace outgoing Commissioner Elana Wills when…

Ocean ship fuel regulations to create price uncertainty in crude oil, petroleum products

International regulations that limit sulfur in fuels for ocean vessels look to increase uncertainty in prices for crude oil and petroleum products for the short and long term, according to…

AG protests Entergy pact to shutdown Arkansas coal plants, asks state regulators to intervene

Just weeks after an agreement between Entergy Arkansas and a coalition of environmental groups was reached to shut down two of the state’s oldest coal-fired power plants, state Arkansas Attorney…

U.S. exports of crude oil, petroleum products exceeds imports

The United States, in the week ending Nov. 30, exported more crude oil and petroleum products than it imported for the first time in weekly data dating back to 1991,…

Arkansas ranks No. 9 on utility affordability list

Arkansas has the ninth most affordable utilities in the United States, and the average utility bill in the state is $388.28 per month, according to a Move.org report. The website,…

Natural gas prices higher than expected, should fall in 2019

The spot price for natural gas on Nov. 23 at the Henry Hub in Louisiana was $4.70 per million British thermal units and was the highest price since a temporary…

U.S. coal use in 2018 swoons to lowest level in nearly 40 years, EIA says

Despite ongoing efforts by the Trump administration to prop up one of the ailing segments of the fossil fuel industry, U.S. coal consumption in the power sector is expected to…

Oklahoma City driller closes on $1.9 billion deal to purchase Fayetteville Shale assets

Oklahoma City-based Flywheel Energy LLC closed on an earlier announced deal to acquire the top leasehold position in the Fayetteville Shale play from Southwestern Energy Co. at a purchase price…

MISO files energy storage plan with FERC

The Midcontinent Independent System Operator (MISO) on Monday (Dec. 3) filed its official proposal with the Federal Energy Regulatory Commission that some experts say will determine the future of the…

Murphy Oil closes on $795 million deal in Gulf of Mexico with Brazil-owned oil conglomerate

Murphy Oil Corp. on Monday (Dec. 3) closed on its recently announced $795 million deal with Brazil’s multinational oil conglomerate to develop a deepwater Gulf of Mexico project that is…

Williamson Insurance sells to Inszone

Oklahoma court ruling threatens poultry industry in Arkansas

GDP up 4.3% in the third quarter, consumer confidence declines

St. Bernards to expand Maternal Life360 HOME program into Greene County