Energy News In Brief

 

Headlines of energy stories from around the globe and the U.S.

Oklahoma City-based SandRidge Energy, Inc. announced plans to release second quarter 2021 operational and financial results after the close of trading on Tuesday, August 10, 2021. The company also plans to provide an updated investor presentation. The presentation will be made available on the company’s website. SandRidge will host a conference call on Wednesday, August 11, 2021 at 10:00 a.m. CDT to review second quarter 2021 financial results and operational highlights as well as the updated investor presentation. The conference call can be accessed by registering online in advance at http://www.directeventreg.com/registration/event/6089037 at which time registrants will receive dial-in information as well as a passcode and registrant ID. At the time of the call, participants will dial in using the numbers in the confirmation email and entering their passcode and ID, upon which they will enter the conference call. A live audio webcast of the conference call will also be available via the company’s website, www.sandridgeenergy.com, under Investor Relations/Presentation & Events. The webcast will be archived for replay on the Company’s website for 30 days.

Oklahoma would get nearly $5 billion from Senate infrastructure bill

Oklahoma would receive at least $4.3 billion in federal highway funds and $266 million for bridge replacements under the $1.2 billion infrastructure bill being fought over in the Senate this weekend, according to figures released by the Biden White House.

Other features would include $354 million for public transportation and $100 million for statewide broadband access.

All of the spending would be over five years.

U.S. Sen. James Lankford voiced his opposition to the measure, saying the bipartisan bill is too expensive and too long.

U.S. Sen. Jim Inhofe, meanwhile, lent his support to an amendment adding nearly $50 billion in defense spending, more than half of it for Navy and Coast Guard shipyards.

The Biden administration said almost $10.6 million is allocated for Oklahoma in the $3.46 billion Federal Emergency Management Administration’s new grant program for projects to mitigate the effects of climate change.