Alisha Davidson

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ONEOK Announces $414 Million in Net Income for 2Q 2022

Tulsa-based ONEOK, Inc. announced its second quarter 2022 financial results showing an increase of 21 percent in net income. The company said its net income for the quarter was $414.4 million or 92 cents a share while adjusted EBITDA was $886.0 million, up 11 percent, according to a company press release. “ONEOK’s second quarter earnings …

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OK Aeronautics Commission to Meet on Wednesday Morning

The Oklahoma Aeronautics Commission will meet on Wednesday morning at 10:00 a.m. to discuss several matters on the docket including: Five-year airport construction grant program involving the replacement of automated weather system packages at Ada Regional Airport; Alva Regional Airport; and Fairview Municipal Airport; Aerospace and aviation education grant programs at more than 29 technology, …

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FEMA Announces $6 Million Available for Homeland Security National Training Program

The Federal Emergency Management Agency (FEMA) announced the release of its notice for $6 million available in competitive funding as part of the Fiscal Year 2022 Homeland Security National Training Program Continuing Training Grants. Grant money will be available to applicants through a competitive process to help improve the nation’s ability to respond to and …

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Scout Clean Energy Sells Western OK Wind Farm for $250 Million to Evergy

Colorado-based Scout Clean Energy, a renewable energy developer-owner-operator, and its joint venture partner Elawan Energy, a global operator in the renewable energy industry, announced they have completed the sale of the 199-megawatt (MW) Persimmon Creek Wind Farm (Persimmon) in western Oklahoma to Evergy, Inc. for approximately $250 million. “The Persimmon Creek Wind Farm has been …

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Lankford Provides Energy Issues Update

In his recent newsletter issued on Tuesday, Oklahoma Sen. James Lankford updated constituents on many issues involving the energy industry. Some of these relevant issues include: Inflation Reduction Act Lankford revealed the Senate voted on the 750+ page bill for more than 24 hours this past Saturday and Sunday. He denounced the $750 billion bill …

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NOAA Releases Hurricane Season Outlook Update

The National Oceanic and Atmospheric Administration’s National Weather Service Climate Prediction Center division released its update to the 2022 Atlantic hurricane season. NOAA forecasters have slightly decreased the likelihood of an above-normal Atlantic hurricane season to 60%, down from the May outlook which predicted a 65% chance. The likelihood of near-normal activity has risen to 30% …

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Corporation Commission to Hold Regular Meeting on Thursday

Oklahoma regulators will hold a regular meeting Thursday, August 11 at 1:30 p.m. to discuss, review and possibly hold a vote in a 2022 case where the director of the Oklahoma Corporation Commission Public Utility Division is seeking an order involving franchise fees or taxes. OCC Case No. PUD 2022-000073 involves the administration of ratepayer-backed …

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NRC Webinar to Discuss Review of Supplemental Environmental Reports for Subsequent License Renewal

Nuclear Regulatory Commission staff will discuss plans to review supplemental environmental reports related to renewals of nuclear power reactor licenses (from 60 to 80 years) in a webinar on August 17. Earlier this year, the Commission directed the NRC staff to update the Generic Environmental Impact Statement for License Renewal of Nuclear Plants to cover the subsequent …

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Oil Prices Show Versatility Over Volatility With Slight Increases on Monday

Despite market volatility, oil prices rose nearly 2% on Monday as positive economic data from China and the United States fueled hopes for demand despite warnings of an impending recession. Brent crude futures settled $1.73, or 1.8%, at $96.65 a barrel. U.S. West Texas Intermediate crude was at $90.76 a barrel, up $1.75, or 1.97%. …

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Cherokee Nation Develops Financial Program to Help Drought-Stricken Farmers

The Cherokee Nation Reservation is offering a new program to provide financial help to tribal farmers and ranchers seeking relief from a historic drought. The million-dollar Relief for Cherokee Ranchers program will serve up to 2,000 ranchers – one per Cherokee household – with a one-time payment of $500 to mitigate the cost of buying and hauling …

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