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Category: Natural Disasters

  • EU climate goals at risk as ailing forests absorb less CO2, scientists say

    Source: Government of India

    Source: Government of India (4)

    Damage to European forests from increased logging, wildfires, drought and pests is reducing their ability to absorb carbon dioxide, putting European Union emissions targets at risk, scientists warned on Wednesday.

    The European Union has committed to reaching net zero emissions by 2050. The target includes the expectation that forests will suck up hundreds of millions of tonnes of CO2 emissions and store it in trees and soil, to compensate for pollution from industry.

    But that assumption is now in doubt. The average annual amount of CO2 Europe’s forests removed from the atmosphere in 2020-2022 was nearly a third lower than in the 2010-2014 period, according to a paper led by scientists from the EU’s Joint Research Centre – its independent science research service.

    In the later period, forests absorbed around 332 million net tonnes of CO2 equivalent per year, said the paper, published in the journal Nature. Recent data from EU countries suggest an even steeper decline.

    “This trend, combined with the declining climate resilience of European forests, indicates that the EU’s climate targets, which rely on an increasing carbon sink, might be at risk,” the paper said.

    Today, Europe’s land and forestry sector offsets around 6% of the EU’s annual greenhouse gas emissions. That’s 2% short of the amount the EU calculates is needed to meet climate goals – with the gap expected to widen by 2030.

    Agustín Rubio Sánchez, professor of ecology and soil science at the Polytechnic University of Madrid, said it was “wishful thinking” to rely on forests to meet climate targets.

    “Forests can help, but they shouldn’t be assigned quantities to balance carbon budgets,” he told Reuters.

    The findings are a political headache for EU governments, who are negotiating a new, legally-binding 2040 climate target – which is designed to use forests to offset pollution that industries cannot eliminate.

    Already, some are warning this won’t be possible.

    “What should we do when there are factors that we, as countries, as governments, have not much ability to control – like forest fires or drought,” Sweden’s environment minister Romina Pourmokhtari said in a news conference last week.

    Over-harvesting, climate change-fuelled wildfires and droughts, and pest outbreaks are all depleting forests’ carbon storage.

    However, some of these risks can be managed – for example, by reducing intense logging, or planting more diverse tree species, which may enhance CO2 storage and help forests withstand climate extremes and pests, the paper said.

    (Reuters)

    July 31, 2025
  • MIL-OSI New Zealand: Health and safety regulations to support science and technology

    Source: New Zealand Government

    Workplace Relations and Safety Minister Brooke van Velden is consulting on proposed changes to health and safety regulations to better support innovation in New Zealand’s science and technology sector.  

    “As part of the wider health and safety reforms, we’re clearing the way for scientific progress by reducing complexity and making it easier to understand what’s required,” says Ms van Velden.   

    “We’ve heard that the current regulations don’t match what university laboratories do, creating unnecessary compliance challenges. Researchers and innovators need a system that supports their work, not one that stands in the way.”  

    I am proposing a change that aims to match hazardous substances requirements for university laboratories as well as science and technology laboratories with their actual risk.  

    Current regulations require flammable substance laboratories to be on the ground floor. However, universities often place them on upper levels to improve fire safety and security, keeping evacuation routes clear and limiting access to hazardous materials. This approach, supported by Fire and Emergency New Zealand, does not align with how the regulations are currently written.  

    “I’m developing these changes to ensure they are practical and effectively support New Zealand’s science and technology sector. This includes assessing whether the current laboratory design and hazardous substances storage requirements work for their laboratories.  

    “We’ll be consulting directly with the university laboratories and science and technology laboratories. I intend to complete these changes by mid-2026.”  

    Another key change already being consulted on aims to remove regulatory barriers to the development and use of hydrogen technologies.  

    “We’re planning to update the rules to support the safe development and use of hydrogen technologiesin a way that’s flexible, future-proofed, and internationally aligned.”  

    Officials have already conducted targeted consultation, and now we’re opening it more widely to ensure all interested stakeholders have the opportunity to share their feedback. 

    Because the current safety requirements were not developed with hydrogen in mind, they are now preventing the safe development and use of hydrogen technologies.   

    Key changes being consulted on include:  

    Enabling the use of hydrogen storage containers that are already in common use overseas. 
    Establishing safety requirements for cryogenic liquid hydrogen. 
    Introducing safety requirements for hydrogen filling stations and dispensers.  

    “Hydrogen technologies could transform sectors from transport to manufacturing, and these changes will help unlock that potential by removing regulatory barriers.”  

    These changes support the Government’s 2024 Hydrogen Action Plan by creating an enabling regulatory environment for hydrogen development while maintaining safety. The changes are expected to be completed by mid-2026.  

    “Once agreed, these updates will remove unnecessary complexity and ensure the regulatory system better supports scientific research and emerging technologies,” says Ms van Velden.   

    “These changes will save time and costs for businesses and workers as we cut red tape to make it easier to do business. When our Kiwi businesses thrive, there are more jobs and lower prices for all New Zealanders.” 

    MIL OSI New Zealand News –

    July 31, 2025
  • MIL-OSI: CapitalMarketsDad.com Pledges 100% of Clothing Sales to Support Families Devastated by Texas Floods

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, July 30, 2025 (GLOBE NEWSWIRE) — CapitalMarketsDad.com with its go to apparel for parents balancing the high stakes world of capital markets and family life, is stepping up in a big way. 100% of sales proceeds in 2025 from its entire clothing line will be donated to families affected by the recent devastating floods in Texas.

    The Texas floods have displaced families, destroyed homes, and uprooted lives. CapitalMarketsDad.com is asking its community of dads, moms, and market pros to turn everyday purchases into needed relief funds.

    About CapitalMarketsDad.com:
    More than just apparel, CapitalMarketsDad.com is a brand dedicated to parents working in the demanding capital markets world. Here, business savvy meets dad jokes, too much coffee, and the daily hustle of parenting all with a mission to support each other in work and life.

    For media inquiries, or more information:
    Email: andrew@capitalmarketsdad.com
    Website: www.capitalmarketsdad.com

    The MIL Network –

    July 31, 2025
  • MIL-OSI USA: In Aftermath of Tsunami Alert, Cantwell Thanks First Responders & NOAA: “Those Warnings Were Made Possible Because Of The Incredible Work of NOAA Employees”

    US Senate News:

    Source: United States Senator for Washington Maria Cantwell

    07.30.25

    In Aftermath of Tsunami Alert, Cantwell Thanks First Responders & NOAA: “Those Warnings Were Made Possible Because Of The Incredible Work of NOAA Employees”

    Tsunami warning comes on the heels of Cantwell’s letter to Trump calling for more NOAA investments in ocean data collection, emergency alert systems

    WASHINGTON, D.C. – Today, U.S. Senator Maria Cantwell thanked first responders and employees of the National Oceanic and Atmospheric Administration (NOAA) for tracking the risk of a tsunami following an 8.8 magnitude earthquake near Russia and immediately mobilizing alert systems to ensure people on the West Coast, in Hawaii, and in Alaska had the up-to-date information needed to stay safe.

    “Those warnings were made possible because of the incredible work of NOAA employees [and] emergency responders. And to make sure that our coastal communities like the State of Washington, Hawaii, Alaska, California, and Oregon, and other impacted areas, were given warning safely in advance,” Sen. Cantwell said during a meeting of the Senate Committee on Commerce, Science, and Transportation, on which she serves as ranking member.

    “We have this capability because of investments we’ve made in infrastructure. This includes the DART program — the NOAA buoys positioned in the ocean to monitor for tsunamis in real time — and the work of NOAA’s Center for Tsunami Research in Seattle working to improve the models to provide faster, more accurate weather warnings and information.”

    Video of her remarks in the committee meeting is HERE; a transcript is HERE.

    Last night’s tsunami warning came on the heels of a letter Sen. Cantwell sent to President Donald Trump last week outlining her five-point plan to bolster the United States’ weather readiness.

    READ MORE:

    The Seattle Times: EDITORIAL — Cantwell’s bipartisan weather plan shows the leadership America needs

    CNN: Key senator makes bipartisan plea to Trump to invest in weather and early warning networks

    CBS: Sen. Maria Cantwell urges Trump to invest in modernized weather forecast system: “The money will save you money”

    Sen. Cantwell’s five recommendations for President Trump are:

    1. Modernize Weather Data Collection: The United States needs to collect and compile more data by land, air, space, and sea by modernizing our weather data infrastructure and other tools, including better radars, hurricane hunters, weather satellites, and ocean buoys.
    2. World Leading Analytics: We need to catch up with and surpass European weather forecasting capabilities, which will require more supercomputing and improvements in data analytics including assimilation.
    3. Cutting Edge Research: As our communities experience more frequent and extreme weather, now is the time to invest in additional cutting-edge basic and applied research.
    4. Modernizing Alert Systems: We must strengthen and expand weather emergency communication channels to keep the public informed and help first responders prepare and react to natural disasters.
    5. Advance Bipartisan Legislation: The bipartisan Weather Act Reauthorization Act of 2024 would strengthen weather research and forecasting and expand commercial data partnerships.

    More details about each of Sen. Cantwell’s recommendations can be found HERE.

    NOAA provides critical services to the nation including weather forecasts, extreme storm tracking and monitoring, tools to enable communities to adapt to sea level rise and climate change, supporting fisheries management, and conserving marine mammals and other protected species.

    Last month, Sen. Cantwell joined renowned meteorologists from across the country for a virtual presser to sound the alarm on cuts at NOAA’s National Weather Service, and called on the Trump Administration to restore the agency to full capacity. In February, Sen. Cantwell voted against confirming Commerce Secretary Howard Lutnick, citing – among other issues – his “tepid support” for NOAA. She then sent a letter to Lutnick directly following his confirmation calling on him to exempt the NWS from the federal hiring freeze, and protect all NOAA workers from firings “that would jeopardize the safety of the American public.”

    Sen. Cantwell is a champion of NOAA and helped secure $3.3 billion in NOAA investments in the Inflation Reduction Act to help communities prepare for and adapt to climate change, boost science needed to understand changing weather and climate patterns, and invest in advanced computer technologies that are critical for extreme weather prediction and emergency response. Her Fire Ready Nation Act, bipartisan legislation to strengthen NOAA’s ability to help forecast, prevent, and fight wildfires, passed the Commerce committee unanimously earlier this year and now heads to the full Senate for consideration. In 2011, she secured Washington state’s first coastal Doppler radar in Grays Harbor County, enabling forecasters to better determine wind speed and rainfall of incoming storms.



    MIL OSI USA News –

    July 31, 2025
  • MIL-OSI USA: Welch Demands Action and Accountability for Mass Starvation in Gaza: “It’s a war crime to starve a population to get what you want from your enemy.” 

    US Senate News:

    Source: United States Senator Peter Welch (D-Vermont)

    WASHINGTON, D.C. – U.S. Senator Peter Welch (D-Vt.) last night spoke on the Senate floor about the ongoing humanitarian catastrophe in Gaza, and the need for the United States to take immediate action. He condemned Hamas, pushed for a ceasefire, and demanded the release of the remaining hostages. Senator Welch also rejected the Netanyahu government’s illegal use of starvation as a weapon of war. 
    “We all condemn Hamas. We all want the release of the remaining hostages. But we have to ask ourselves the question: is it at all justifiable that there is a policy that has to be recognized that starvation is being used as a tool of warfare? I reject the legitimacy of that act. It’s a war crime, Mr. President. It’s a war crime to starve a population to get what you want from your enemy, as righteous as your defense against an enemy may be. It’s illegal to starve children to obtain the battlefield advantage. But the Netanyahu government has actually said it’s doing that. My view, Mr. President is that it’s long, long past the time to say enough. Enough. No.
The United States will not stand by as hunger is used as a weapon. We don’t do that,” said Senator Welch.   
    Watch Senator Welch’s floor remarks here: 

    Read Senator Welch’s remarks as delivered here. 
    Senator Welch has been a leading voice in calling for an indefinite ceasefire in Gaza to stop the bombing, prevent further loss of civilian life, extend access to humanitarian relief to those who had been displaced, and continue negotiations to secure hostages.  Earlier this week, Senator Welch joined Senator Chris Van Hollen (D-Md.) in leading 19 of their Senate colleagues in pressing the Trump Administration for answers on the Gaza Humanitarian Foundation (GHF). In their letter to Secretary of State Marco Rubio, the Senators called on the Administration to immediately cease funding for GHF and restore support for existing United Nations aid distribution mechanisms. 
    In May, Senator Welch led 46 colleagues on a resolution calling on the Trump Administration to use all diplomatic tools at its disposal to bring an end to the blockade of food and lifesaving humanitarian aid to address the needs of civilians in Gaza. Senate Republicans blocked Senator Welch’s request for unanimous consent to pass his resolution. 

    MIL OSI USA News –

    July 31, 2025
  • MIL-OSI: WavePoint Debuts America’s Most Accurate Gunshot Detection at FBINAA Conference

    Source: GlobeNewswire (MIL-OSI)

    COLUMBIA, Md., July 30, 2025 (GLOBE NEWSWIRE) — WavePoint Solutions, a leader in radar-powered public safety technologies, will unveil a game-changing gunshot detection system at the 2025 FBI National Academy Associates (FBINAA) Annual Training Conference, Booth #1000.

    Originally developed for U.S. military sniper detection, this compact, self-contained system uses radar—not microphones—to track the trajectory of a bullet and locate a shooter’s position. It detects the shot. Not just the bang. Unlike acoustic-based gunshot detection systems. That means NO FALSE ALARMS, no missed shots and no guessing—just bulletproof detection you can trust when it matters most.

    “Only a bullet will activate the system, not sound,” said David Smith, President at WavePoint. “WavePoint was built to stop threats faster and more effectively —other systems listen. We see.”

    WavePoint Solutions gun shot detection sensor         

    Why This Matters

    • Radar over acoustics: Detects the actual bullet path, not just the sound.
    • Zero false alarms: No more alerts triggered by fireworks, backfires, or background noise.
    • Instant awareness: Delivers pinpoint accuracy and real-time situational data.
    • Military-engineered. Public safety ready. Compact, self-contained, and reliable in any environment.

    See bulletproof detection up close. Visit WavePoint at Booth #1000, August 2–4 at the Baltimore Convention Center, and meet the engineers driving the future of public safety.

    About WavePoint Solutions

    WavePoint is redefining public safety with America’s most accurate and only radar-powered gunshot detection system. Through our team’s expertise in radar technologies, we innovate public safety solutions that make detection bulletproof, response faster and communities safer. Built on military-grade reliability and radar precision, we help law enforcement know the path—and stop the threat. Learn more at www.wavepointsolution.com.

    Media Contact:

    David J Smith

    President

    978-397-2338

    dsmith@wavepointsolutions.com

    www.wavepointsolution.com

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/3c7085aa-7a0f-450b-8dda-886646005510

    https://www.globenewswire.com/NewsRoom/AttachmentNg/86771712-acd1-44d4-b515-8d562ab68949

    The MIL Network –

    July 31, 2025
  • MIL-OSI Submissions: Israel’s attack on Syria: Protecting the Druze minority or a regional power play?

    Source: The Conversation – Canada – By Spyros A. Sofos, Assistant Professor in Global Humanities, Simon Fraser University

    A new round of violence recently erupted in southern Syria, where clashes between local Druze militias and Sunni fighters have left hundreds dead.

    In response, Israel launched airstrikes in and around the province of Sweida on July 15, saying it was acting to protect the Druze minority and to deter attacks by Syrian government forces.

    The strikes mark Israel’s most serious escalation in Syria since December 2024, and they underline a growing trend in its foreign policy: the use of minority protection as a tool of regional influence and power projection.

    The Druze minority

    The Druze, a small but strategically significant ethno-religious group, have historically occupied a precarious position in the politics of Syria, Israel and Lebanon.

    With an estimated million members across the Levant — a sub-region of west Asia that forms the core of the Middle East — the Druze have often tried to preserve their autonomy amid broader sectarian and political upheavals. In Syria, they make up about three per cent of the population, concentrated largely in the southern province of Sweida.

    Following the collapse of Bashar al-Assad’s regime in Syria in late 2024 and the rise of a new Islamist-led government under Ahmed al-Sharaa, the Druze in southern Syria have resisted central authority.

    Though not united in their stance, many Druze militias have rejected integration into the new Syrian army, preferring to rely on local defence networks. The latest wave of violence, sparked by the abduction of a Druze merchant, has been met with both brutality from pro-government forces and military retaliation by Israel.

    Truly protecting Syrian minorities?

    Israeli officials says they intervened to protect the Druze, which is not unprecedented. Over the past year, Israel has increasingly portrayed itself as a defender of threatened minorities in Syria — rhetoric that echoes past efforts to align with non-Arab or marginalized groups, such as the Kurds and certain Christian communities.

    This strategy may be less about humanitarian goals and, in fact, much more deeply political.

    By positioning itself as a regional protector of minorities, Israel could be seeking to craft a narrative of moral authority, particularly as it faces growing international outrage over its policies in the West Bank and Gaza. This is an example of what scholars refer to as strategic or nation branding by states to cultivate legitimacy and influence through selective interventions and symbolic gestures.

    But Israel’s actions may not just concern image. They could also be part of a broader geopolitical strategy of containment and fragmentation.

    The new authorities in Syria are seen as a significant threat, particularly because of the presence of Islamist factions operating near the Israeli-occupied Golan Heights. By creating what is in effect a buffer zone in southern Syria, Israel’s goal may be to prevent the entrenchment of hostile entities along its northern border while also capitalizing on Syria’s internal fragilities.

    Strategic risks

    With sectarian tensions resurfacing in Syria, the Israeli government probably sees an opportunity to build informal alliances with disaffected groups like the Druze, who may be skeptical of the new Syrian government. This reflects a shift in Israel’s foreign policy from reactive deterrence to proactive strategic disruption.

    This approach is not without risks. While some Druze leaders have welcomed Israeli support, others — particularly in Syria and Lebanon — have accused Israel of stoking sectarian tensions to justify military intervention and advance territorial or security aims.

    Such accusations echo longstanding criticisms that Israel’s involvement in regional conflicts is often guided less by humanitarian concern and more by cold strategic calculation.

    This new phase in Israeli foreign policy also fits into a broader pattern I’ve previously written about — the increasing revisionism of Israel’s regional strategy under Benjamin Netanyahu’s leadership. That strategy seemingly seeks to upend multilateral norms, bypass traditional diplomacy and pursue influence through direct engagement — often militarized — with non-state entities and marginalized communities.




    Read more:
    How Israel’s domestic crises and Netanyahu’s aim to project power are reshaping the Middle East


    Israel’s July 15 strikes, and an attack on Syria’s Ministry of Defence in Damascus the following day, have drawn strong condemnation from Arab states, Turkey and the United Nations.

    While Israeli officials have justified the attacks as defensive and humanitarian, the intensity and symbolic targets suggest a deeper intention: to demonstrate operational reach, and, more importantly, actively engage in a redesign of the region with fragmentation and state weakness as the main objective.

    Fragmentation of the Middle East

    The United States, while expressing concern over the violence, has largely remained silent on Israel’s expanding role in Syria. This could further embolden Israeli actions in a region where international norms are being increasingly upended and traditional great power engagement is waning.

    Sectarian clashes are likely to continue in Sweida and beyond as Syria’s central government struggles to reassert control. That means that for Israel, the opportunity to deepen its footprint in southern Syria under the guise of minority protection remains.

    But despite its effort to present itself as a stable, moral presence in an otherwise chaotic neighbourhood, Israel could be undermining the very stability it says it wants to protect as it militarizes humanitarianism.

    The world is not not just witnessing a series of airstrikes or another episode of sectarian violence in the Middle East. It’s watching a profound transformation in the regional order — one in which traditional borders, alliances and identities are being reshaped.

    Amid this environment, Israel’s role could evolve not just as a military power, but as a revisionist nation navigating, and helping to bring about, the fragmentation of the Middle East.

    Spyros A. Sofos does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Israel’s attack on Syria: Protecting the Druze minority or a regional power play? – https://theconversation.com/israels-attack-on-syria-protecting-the-druze-minority-or-a-regional-power-play-261648

    MIL OSI –

    July 31, 2025
  • MIL-OSI Submissions: Car tires are polluting the environment and killing salmon. A global plastics treaty could help

    Source: The Conversation – Canada – By Timothy Rodgers, Postdoctoral Fellow in Environmental Engineering, University of British Columbia

    In the 1990s, scientists restoring streams around Seattle, Wash., noticed that returning coho salmon were dying after rainstorms. The effects were immediate: the fish swam in circles, gasping at the surface, then died in a few hours.

    Over the next several decades, researchers chipped away at the problem until in 2020 they discovered the culprit: a chemical called 6PPD-quinone that forms when its parent compound, a tire additive called 6PPD, reacts with ozone.

    6PPD-quinone kills coho salmon at extraordinarily low concentrations, making it one of the most toxic substances to an aquatic species that scientists have ever found.

    Today, a growing body of evidence shows that tire additives and their transformation products, including 6PPD-quinone, are contaminating ecosystems and showing up in people.

    Now, alongside the researchers who made that initial discovery, we’re calling for international regulation of these chemicals to protect people and the environment.

    Our recently published research outlines the hazard posed by tire additives due to their demonstrated toxicity and high emissions near people and sensitive ecosystems, how current regulations don’t do enough to protect us, and how we can do better.

    Tires are complex chemical products

    Tires are far from simple rubber rings. They’re complex chemical products made to endure heat, friction and degradation. For example, 6PPD is in tires to protect them from ozone, which causes tires to crack.

    Unfortunately, little attention was paid to these chemicals until scientists discovered the impacts of 6PPD-quinone and realized these chemicals could be hazardous.

    Once they started looking, researchers found many tire additives, including 6PPD-quinone, in streams near roads, in dust and in the air — wherever there are roads, there is tire additive contamination.

    Although 6PPD-quinone is most lethal to coho, it is also lethal to several other species of salmonids, and it may be toxic to aquatic plants and terrestrial invertebrates.

    We know that exposure to tire wear particles and the chemicals that leach from them affect other aquatic species that are used as indicators of toxicological risk. This widespread contamination occurs because emissions of tire additives are high.

    Every time we drive, we produce particles from tire wear, and those particles release additives into the environment. Tires lose 10-20 per cent of their mass over their lifetime. That means driving emits over one million tonnes of tire particles to the environment in both the United States and the European Union every year.

    All those tire particle emissions represent a large source of chemicals to the environment and high human exposures, especially in cities. Researchers have started to find tire additives and their transformation products in people.

    Although more research is needed on how tire additives affect people, 6PPD is classified as a reproductive toxin, and other tire additives and their transformation products have been associated with increased cancer risk in exposed populations.

    Emerging research with mice indicates that some tire additives and their transformation products impact mammals, with studies showing neurotoxicity, damage to multiple organ systems and impaired fertility from 6PPD-quinone.

    That’s why our team of environmental scientists is calling for urgent global action.

    Plastics treaty

    We’re not arguing that tires shouldn’t have additives, but those additives must be safer. That’s why we are calling for a process that replaces 6PPD and other tire additives with safer alternatives. Tire additives should be nonhazardous across their entire life cycle, and manufacturers should be transparent about what tire additives they are using and what their hazards are.

    Next week, governments from around the world are meeting to negotiate a global treaty to end plastic pollution. We call for tires to be explicitly included in the treaty, and we want to see strong measures around plastic additives including tire additives.

    We want to see:

    • Deadlines for phasing out hazardous chemicals;
    • The ability to mandate alternatives;
    • Transparency around the chemicals used in tires;
    • Independent panels for evaluating additive alternatives and for assessing additive effects;
    • Dedicated working groups focused on tire additives due to their large emissions and demonstrated ecological impacts.

    The good news is that we’ve done this before. After scientists found a hole in the ozone layer, the world banded together under the Montréal Protocol to phase out the most damaging chemicals to the ozone layer. Today, the ozone layer is recovering, averting millions of cases of skin cancer and helping combat climate change. We need the same level of ambition and urgency now.

    Making tires nonhazardous for the environment would help safeguard coho salmon populations, restoring traditional foods to Indigenous Peoples across the Pacific Northwest and protecting a species vital for aquatic ecosystems.

    Since roads are built where people are, reducing the hazard from tire particle pollution would reduce one source of exposure to potentially toxic chemicals, and ensure a future where fewer people are impacted by chemical pollution. It’s time for global action on tire additives, before their impacts become even harder to ignore.

    Timothy Rodgers receives funding from the British Columbia Salmon Restoration and Innovation Fund.

    Rachel Scholes receives funding from the Natural Sciences and Engineering Research Council of Canada, the Canadian Foundation for Innovation, the BC Knowledge Development Fund, and the BC Salmon Restoration and Innovation Fund.

    Simon Drew receives funding from the British Columbia Salmon Restoration and Innovation Fund.

    – ref. Car tires are polluting the environment and killing salmon. A global plastics treaty could help – https://theconversation.com/car-tires-are-polluting-the-environment-and-killing-salmon-a-global-plastics-treaty-could-help-261832

    MIL OSI –

    July 31, 2025
  • MIL-OSI USA: Congressman Robert Garcia Statement On Ceasefire Between Cambodia and Thailand

    Source: United States House of Representatives – Congressman Robert Garcia California (42nd District)

    Washington, D.C. – Today, Congressman Robert Garcia (CA-42) released the following statement on the proposed ceasefire between Cambodia and Thailand.

    “Long Beach has one of the largest Cambodian populations in the U.S., said Congressman Garcia. “I joined our community to support a ceasefire of hostilities between Cambodia and Thailand. Hundreds of thousands have been displaced and many have lost their lives. We must have peace.”

    MIL OSI USA News –

    July 31, 2025
  • MIL-OSI USA: Members of Congress Sue Trump-Vance Administration for Blocking Lawful Oversight of Federal Immigration Detention Facilities

    Source: United States House of Representatives – Congresswoman Norma Torres (35th District of California)

    July 30, 2025

    Washington, D.C. – A dozen individual members of the U.S. House of Representatives have sued the Trump-Vance administration, challenging its unlawful obstruction of congressional oversight that the members have sought to conduct at federal immigration detention facilities, in which both citizens and noncitizens have been detained without due process. 

    The administration has implemented a new, unlawful policy that blocks these Members of Congress from obtaining the information necessary to perform their constitutional duty to ensure the Department of Homeland Security (DHS) is complying with federal law in operating these facilities and to oversee how billions in taxpayer dollars are being spent. The administration is mandating a seven-day waiting period and prohibiting access to field offices where people are being detained, despite a federal law that prevents these restrictions.

    The lawsuit filed in the U.S. District Court for the District of Columbia demands that the administration comply with a federal law that guarantees Members of Congress the right to conduct oversight visits to any DHS and U.S. Immigration and Customs Enforcement (ICE) sites where noncitizens are detained without prior notice. 

    The plaintiffs include Rep. Norma Torres, Assistant Democratic Leader Joe Neguse; Congressional Hispanic Caucus Chair Rep. Adriano Espaillat; Homeland Security Committee Ranking Member Rep. Bennie G. Thompson; Judiciary Committee Ranking Member Rep. Jamie Raskin; House Oversight and Government Reform Committee Ranking Member Rep. Robert Garcia; House Homeland Security Committee Subcommittee on Border Security and Enforcement Ranking Member Rep. J. Luis Correa; Rep. Jason Crow; Rep. Veronica Escobar; Rep. Dan Goldman; Rep. Jimmy Gomez; Rep. and Raul Ruiz.

    The congressional leaders are represented by Democracy Forward Foundation and American Oversight.

    At a time when the administration is detaining more individuals than ever before—over 58,000 people—and reports of mistreatment, overcrowding, unsanitary conditions, and the detention of U.S. citizens are growing, the need for real-time, on-the-ground oversight has never been more urgent. Eleven people have died in immigration custody in the first six months of this administration. DHS’s recent mass layoffs of internal oversight personnel only deepen the concerns about this conduct and possible abuse.

    “Donald Trump’s extreme immigration agenda—attacking birthright citizenship and pushing for cruel, chaotic mass deportations—is dragging this country down a dark and dangerous path. We’ve already seen the consequences: so many reports of overcrowded, unsanitary ICE detention facilities where human dignity is treated as optional,” said Rep. Norma Torres. “As a Member of Congress, I have a legal and moral obligation to conduct oversight—and I will not stand by while people in our community are locked away in facilities that may be violating their rights. I will continue to press for full access to these facilities and demand accountability from those responsible for their operation. No one is above the law—not even ICE.”

    “Blocking Members of Congress from oversight visits to ICE facilities that house or otherwise detain immigrants clearly violates Federal law—and the Trump administration knows it,” said Assistant Democratic Leader Joe Neguse. “Such blatant disregard for both the law and the constitutional order by the Trump administration warrants a serious and decisive response, which is why I’m proud to lead the lawsuit we proceeded with earlier today.”

    “The obstruction of Congressional oversight is not just an affront to the Constitution—it’s a threat to our democracy,” said Congressional Hispanic Caucus Chair Rep. Adriano Espaillat. “Since day one, we have witnessed the Trump administration’s systematic efforts to dehumanize immigrants, detain tens of thousands—including U.S. citizens—and weaponize federal agencies to carry out a mass deportation agenda rooted in cruelty and chaos. The Trump administration has consistently hindered oversight powers while gutting internal watchdogs in executive branch agencies like CRCL, the OIDO, and the CIS Ombudsman’s Office, creating the perfect storm for abuse and impunity. We will not stand by as due process, human dignity, and transparency are trampled. We demand access and accountability, and will pursue every legal and legislative tool available to hold this administration accountable.”

    “By blocking Members of Congress from visiting ICE detention facilities, the Trump administration is not only preventing us from conducting meaningful oversight of its facilities, it is clearly violating the law. This unprecedented action is just their latest effort to stonewall Congress and the American people.  If DHS has nothing to hide, it must follow the law and make its facilities available,” said Homeland Security Committee Ranking Member Rep. Bennie G. Thompson.

    “The Trump administration is systematically violating our legal right as Members of Congress to conduct oversight of DHS facilities. This blockade of Congress, deliberately interfering with our constitutional duty to perform oversight of the immigration system, is designed to stop us from checking out reports of inhumane treatment and denial of fundamental rights to immigrants in detention,” said Judiciary Committee Ranking Member Rep. Jamie Raskin. “President Trump and Secretary Noem believe they can block scrutiny of their lawless immigration enforcement sweep by closing out Members of Congress. But these brazen attempts to rebuff us—in stark violation of federal law—only deepen our resolve to get information to the American people. We’re going to continue to show up and demand the transparency and access that the law guarantees, and President Trump—we’ll see you in court.”

    “As the Ranking Member on the Oversight Committee I know how essential it is to access facilities like the LA Detention Facility. These visits are critical to holding DHS and ICE accountable for lawful and humane treatment. Without full access, Members of Congress cannot properly monitor taxpayer funds or address urgent constituent concerns. Strong oversight is vital for transparency, accountability, and serving the public,” said House Oversight and Government Reform Committee Ranking Member Rep. Robert Garcia.

    “As Members of Congress, our job is to conduct oversight. Congress’ job is to assure taxpayer funds are spent in accordance with the law. I’ve been a member of the House Committee on Homeland Security for years, and my job has always been to oversee ICE. Until this summer, I’ve done this job without any problems,” House Homeland Security Committee Subcommittee on Border Security and Enforcement Ranking Member Rep. J. Luis Correa said. “Recently, in clear violation of the law, ICE began to deny me access to ICE facilities and impede my ability to do my job. Obeying the law is not an option for any of us. Nor should it be up to ICE to decide which laws to follow and which laws to ignore.”

    “Today, I filed a lawsuit against the Trump administration after they illegally denied me access into a federal immigration detention facility,” said Rep. Jason Crow. “Oversight is a fundamental responsibility of Congress. Under law, Members of Congress have the right to do unannounced oversight visits of federal immigration detention facilities. Since President Trump was elected, this administration has denied Members of Congress access to immigration detention facilities and tried to intimidate us from doing our jobs. I will not be deterred from conducting lawful oversight, and I’ll continue fighting to hold the administration accountable, including in Congress and the courts.”

    “Oversight of government agencies and the use of taxpayer dollars is a critical part of Congressional work. For years, and throughout multiple administrations, I have conducted oversight of federal agencies and facilities, including immigration facilities in my district. And, for years, I have been able to tour these facilities, speak with immigrants, detainees and staff, ensure humane treatment of individuals in federal custody as well as to monitor workplace conditions for federal employees, and bring about change when needed. It is a Constitutional duty that I take incredibly seriously. Under the Trump administration, DHS has chosen to violate the law which allows for unannounced visits of DHS facilities, instructing local ICE staff to refuse me entry last month, despite my Congressional oversight authority. It is not acceptable for the Trump administration to ignore the law and limit Congressional oversight and authority; this cannot go unchallenged,” said Rep. Veronica Escobar.

    “For months, masked, unidentified ICE agents have detained law-abiding immigrants in inhumane conditions, while DHS has repeatedly and unlawfully blocked Members of Congress from inspecting these facilities. Today, we’re filing a lawsuit because when a federal agency defies the law and obstructs oversight, we have a duty to do everything possible to uphold the law. As Donald Trump escalates his mass deportation agenda, we will continue to use every option available to expose the truth for the American people,” said Rep. Dan Goldman.

    “No child should be sleeping on concrete, and no sick person should be denied care, yet that’s exactly what we keep hearing is happening inside Trump’s detention centers, including the one in my own district that set off national outrage and protests across the country,” said Rep. Jimmy Gomez. “I’ve tried repeatedly to get inside and conduct oversight, only to be turned away. When ICE and DHS block Members of Congress, they’re not just slamming the door on U.S. Representatives, they’re slamming it on the American people’s right to know how their government is treating human beings with their tax dollars. This lawsuit is our message: We as Members of Congress will do our job, and we will not let these agencies operate in the shadows.”

    “As Members of Congress, we have a legal right to ensure residents in our districts are not subjected to inhumane conditions. The Department of Homeland Security’s policy change requiring advance notice is unacceptable, unlawful, and clearly designed to block transparency and accountability,” said Rep. Raul Ruiz. “Members of Congress have a constitutional duty to conduct oversight. This lawsuit will hold the Trump administration accountable and fully vindicate our right to conduct lawful, unannounced oversight at DHS detention facilities.”

    “This lawsuit goes to the heart of our democracy. These individual members of Congress have the constitutional duty, and the legal right, to conduct oversight and investigate how the government treats people in its custody,” said Skye Perryman, President and CEO of Democracy Forward. “When the administration locks the doors on oversight, it locks out the American people. At Democracy Forward, we are honored to represent these members of Congress to sue the Trump-Vance administration, and we will not stop using the courts to demand accountability on behalf of the American people and uphold the rule of law.”

    “Members of Congress have a clear legal right to inspect ICE detention facilities without notice, and the American people have a right to know what’s happening in their name. When the Trump administration hides the truth about how people are being treated in government custody, they’re not just dodging oversight — they’re endangering lives,” said Chioma Chukwu, Executive Director of American Oversight. “ICE is holding men, women, and children in overcrowded rooms without beds, showers, or medical care — sometimes for days on end. ICE’s stonewalling is not only illegal — it’s a brazen attempt to shield abuse from scrutiny, and American Oversight is proud to be a part of the fight to stop it.”

    The case is Joe Neguse et al. v. U.S. Immigration and Customs Enforcement et al.

    The legal team at Democracy Forward in this case includes Christine Coogle, Lisa Newman, Paul Wolfson, Brian Netter, and Josephine Morse. The legal team at American Oversight in this case includes Daniel Martinez, Katherine Anthony, Ronald Fein, and Jessica Jensen.

    Read the complaint here.

    ###

    MIL OSI USA News –

    July 31, 2025
  • MIL-OSI United Kingdom: PM meeting with the Sultan of Oman: 30 July 2025

    Source: United Kingdom – Government Statements

    Press release

    PM meeting with the Sultan of Oman: 30 July 2025

    The Prime Minister welcomed the Sultan of Oman, His Majesty Sultan Haitham bin Tarik al Said, to Downing Street today.

    The Prime Minister welcomed the Sultan of Oman, His Majesty Sultan Haitham bin Tarik al Said, to Downing Street today.

    The leaders began by discussing the horrific scenes of hunger and devastation in Gaza and agreed this cannot continue. They reiterated the call for significant volumes of aid to urgently reach the people in Gaza and the Prime Minister confirmed UK support for Jordanian air drops to deliver aid swiftly to Gaza’s most vulnerable.

    The Prime Minister updated His Majesty on his conversations with other leaders in recent days, and both agreed on the need for a longer-term peace plan, which includes a pathway to recognition. They both reiterated the need for Hamas to release all hostages, disarm and sign up to a ceasefire, and accept that they will play no role in the future of Gaza.

    On Iran, the Prime Minister thanked His Majesty for Oman’s continued efforts to reach a diplomatic solution to avoid a return to conflict and ensure peace and security in the region.

    The leaders also discussed the ongoing UK-Gulf Cooperation Council (GCC) trade talks, and the Prime Minister outlined the huge potential for the UK economy and British businesses through this trade deal. They agreed to further collaboration between the UK on Oman in areas such as energy, technology, defence and security.

    They agreed to keep in touch.

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    Updates to this page

    Published 30 July 2025

    MIL OSI United Kingdom –

    July 31, 2025
  • MIL-OSI USA: Diaz-Balart Secures Funds for the Everglades, the Miccosukee Tribe, and other Southern Florida Priorities in FY 2026 Interior Funding Bill

    Source: United States House of Representatives – Congressman Mario Diaz-Balart (25th District of FLORIDA)

    WASHINGTON, D.C. – Congressman Mario Díaz-Balart (FL-26), Vice Chair of the House Appropriations Committee, Dean of the Florida Delegation, and Co-Founder and Co-Chair of the Congressional Everglades Caucus, issued the following statement after the House Appropriations Committee approved the Fiscal Year 2026 Department of the Interior, Environment, and Related Agencies Appropriations bill:

    “I was proud to support the FY 2026 Interior funding bill, for which I obtained critical funding for Everglades preservation and restoration efforts, Big Cypress National Preserve, and the Miccosukee Tribe, among other Southern Florida priorities.

    “This bill also promotes American energy independence, enhances U.S. competitiveness, ensures access to public lands, and reduces burdensome Biden-era red tape, all while cutting wasteful spending by six percent.

    “My deepest gratitude to Chairman Simpson for working directly with me to address key priorities of Florida’s Miccosukee Tribe of Indians, the true stewards of our unique and treasured Everglades National Park.” 

    Díaz-Balart secured these priorities for Southern Florida:

    • $973,000 for the Town of MiamiLakes Big Cypress DrainageImprovements Project.
    • $11.6 million for the Everglades Restoration Project through the National Park Service.
    • $73.8 million for the State and Tribal Wildlife Grant Program for the development and implementation of programs benefiting wildlife and their habitats.
    • $6 million to address water qualityby providing funding for critical harmful algal bloom research.
    • $1 million in direct funding for South Florida to expand water quality and ecosystem health monitoring and prediction network.
    • Report language supporting the Tribe’s ongoing efforts with the Department of the Interior to review subsurface mineral rights on their land.
    • Report language prohibiting drilling inBig Cypress National Preserve.
    • Report language recognizing the recent passage of the Miccosukee Reserved Area Amendments Act (H.R. 504), which expands the Miccosukee Reserved Area to include Osceola Camp in Everglades National Park and directs the Department of the Interior, in consultation with the Tribe, to take necessary actions to protect structures within the camp from flooding.
    • Bill language ensuring that no part of Big Cypress National Preserve may be designated as wilderness, a longstanding priority of Congressman Díaz-Balart to protect access for the Tribes and broader public.
    • Reduce our reliance on foreign countries for critical minerals by promoting access to resources here at home.
    • Ensures chemical and pesticide manufacturers are not overburdened with requirements that would drive businesses overseas and threaten American competitiveness.
    • Provides no funds for the American Climate Corps, eco-grief training, or environmental justice activities.
    • Blocks Biden-era regulations that were imposing costs on American families and industry, such as:
      • EPA’s car emission regulations on light, medium, and heavy-duty vehicles;
      • EPA’s Clean Power Plan 2.0; and
      • Regulatory overreach regarding ozone emissions.

    A summary of the bill is available here.

    Bill Report is available here.

    Bill Text is available here.

    ###

    MIL OSI USA News –

    July 31, 2025
  • MIL-OSI USA: NASA-ISRO Satellite Lifts Off to Track Earth’s Changing Surfaces

    Source: NASA

    Carrying an advanced radar system that will produce a dynamic, three-dimensional view of Earth in unprecedented detail, the NISAR (NASA-ISRO Synthetic Aperture Radar) satellite has launched from Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh, India.
    Jointly developed by NASA and the Indian Space Research Organisation (ISRO), and a critical part of the United States – India civil-space cooperation highlighted by President Trump and Prime Minister Modi earlier this year, the satellite can detect the movement of land and ice surfaces down to the centimeter. The mission will help protect communities by providing unique, actionable information to decision-makers in a diverse range of areas, including disaster response, infrastructure monitoring, and agricultural management. 
    The satellite lifted off aboard an ISRO Geosynchronous Satellite Launch Vehicle (GSLV) rocket at 8:10 a.m. EDT (5:10 p.m. IST), Wednesday, July 30. The ISRO ground controllers began communicating with NISAR about 20 minutes after launch, at just after 8:29 a.m. EDT, and confirmed it is operating as expected.
    “Congratulations to the entire NISAR mission team on a successful launch that spanned across multiple time zones and continents in the first-ever partnership between NASA and ISRO on a mission of this sheer magnitude,” said Nicky Fox, associate administrator, Science Mission Directorate at NASA Headquarters in Washington. “Where moments are most critical, NISAR’s data will help ensure the health and safety of those impacted on Earth, as well as the infrastructure that supports them, for the benefit of all.”
    From 464 miles (747 kilometers) above Earth, NISAR will use two advanced radar instruments to track changes in Earth’s forests and wetland ecosystems, monitor deformation and motion of the planet’s frozen surfaces, and detect the movement of Earth’s crust down to fractions of an inch — a key measurement in understanding how the land surface moves before, during, and after earthquakes, volcanic eruptions, and landslides.
    “ISRO’s GSLV has precisely injected NISAR satellite into the intended orbit, 747 kilometers. I am happy to inform that this is GSLV’s first mission to Sun-synchronous polar orbit. With this successful launch, we are at the threshold of fulfilling the immense scientific potential NASA and ISRO envisioned for the NISAR mission more than 10 years ago,” said ISRO Chairman V Narayanan. “The powerful capability of this radar mission will help us study Earth’s dynamic land and ice surfaces in greater detail than ever before.”
    The mission’s two radars will monitor nearly all the planet’s land- and ice-covered surfaces twice every 12 days, including areas of the polar Southern Hemisphere rarely covered by other Earth-observing radar satellites. The data NISAR collects also can help researchers assess how forests, wetlands, agricultural areas, and permafrost change over time.
    “Observations from NISAR will provide new knowledge and tangible benefits for communities both in the U.S. and around the world,” said Karen St. Germain, director, Earth Science division at NASA Headquarters. “This launch marks the beginning of a new way of seeing the surface of our planet so that we can understand and foresee natural disasters and other changes in our Earth system that affect lives and property.”
    The NISAR satellite is the first free-flying space mission to feature two radar instruments — an L-band system and an S-band system. Each system is sensitive to features of different sizes and specializes in detecting certain attributes. The L-band radar excels at measuring soil moisture, forest biomass, and motion of land and ice surfaces, while S-band radar excels at monitoring agriculture, grassland ecosystems, and infrastructure movement.
    Together, the radar instruments will enhance all of the satellite’s observations, making NISAR more capable than previous synthetic aperture radar missions. Unlike optical sensors, NISAR will be able to “see” through clouds, making it possible to monitor the surface during storms, as well as in darkness and light.
    NASA’s Jet Propulsion Laboratory in Southern California provided the L-band radar, and ISRO’s Space Applications Centre in Ahmedabad developed the S-band radar. The NISAR mission marks the first time the two agencies have co-developed hardware for an Earth-observing mission.
    “We’re proud of the international team behind this remarkable satellite. The mission’s measurements will be global but its applications deeply local, as people everywhere will use its data to plan for a resilient future,” said Dave Gallagher, director, NASA JPL, which manages the U.S. portion of the mission for NASA. “At its core is synthetic aperture radar, a technology pioneered at NASA JPL that enables us to study Earth night and day, through all kinds of weather.”
    Including L-band and S-band radars on one satellite is an evolution in SAR airborne and space-based missions that, for NASA, started in 1978 with the launch of Seasat. In 2012, ISRO began launching SAR missions starting with Radar Imaging Satellite (RISAT-1), followed by RISAT-1A in 2022, to support a wide range of applications in India.
    In the coming weeks, the spacecraft will begin a roughly 90-day commissioning phase during which it will deploy its 39-foot (12-meter) radar antenna reflector. This reflector will direct and receive microwave signals from the two radars. By interpreting the differences between the two, researchers can discern characteristics about the surface below. As NISAR passes over the same locations twice every 12 days, scientists can evaluate how those characteristics have changed over time to reveal new insights about Earth’s dynamic surfaces.
    The NISAR mission is an equal collaboration between NASA and ISRO. Managed for the agency by Caltech, NASA JPL leads the U.S. component of the project and is providing the mission’s L-band SAR. NASA also is providing the radar reflector antenna, the deployable boom, a high-rate communication subsystem for science data, GPS receivers, a solid-state recorder, and payload data subsystem.
    Space Applications Centre Ahmedabad, ISRO’s lead center for payload development, is providing the mission’s S-band SAR instrument and is responsible for its calibration, data processing, and development of science algorithms to address the scientific goals of the mission. U R Rao Satellite Centre in Bengaluru, which leads the ISRO components of the mission, is providing the spacecraft bus. The launch vehicle is from ISRO’s Vikram Sarabhai Space Centre, launch services are through ISRO’s Satish Dhawan Space Centre, and satellite operations are by ISRO Telemetry Tracking and Command Network. National Remote Sensing Centre in Hyderabad is responsible for S-band data reception, operational products generation, and dissemination.
    To learn more about NISAR, visit:
    https://nisar.jpl.nasa.gov
    -end-
    Karen Fox / Elizabeth VlockHeadquarters, Washington202-358-1600karen.c.fox@nasa.gov / elizabeth.a.vlock@nasa.gov
    Andrew Wang / Jane J. LeeJet Propulsion Laboratory, Pasadena, Calif.626-379-6874 / 818-354-0307andrew.wang@jpl.nasa.gov / jane.j.lee@jpl.nasa.gov

    MIL OSI USA News –

    July 31, 2025
  • MIL-OSI: Astrocade Rolls Out AI Agent-Powered Game Creation Experience; Opening the Door for Everyone to Create – and Remix – Games in minutes

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, July 30, 2025 (GLOBE NEWSWIRE) — Astrocade, the AI-powered social gaming platform on a mission to make game creation as effortless as a wish, today announced the public launch of its completely re-imagined product experience. The new Astrocade introduces AI-guided brainstorming, bespoke in-game editors, and deep remix capabilities, turning the spark of an idea into a playable, shareable game faster than ever before.

    Founded by CEO Amir Sadeghian, PhD, Stanford’s AI Lab, CTO Ali Sadeghian, PhD, ex Google Research, and Fei-Fei Li, Co-Director of Stanford’s Human-Centered AI Institute, Astrocade is an entirely new form of interactive engagement never before accessible to casual gamers.

    “My brother and I moved around a lot as kids, from country to country, and we always found each new place filled with excitement, new adventures, and new people. These experiences enriched and changed us for the better, and became the inspiration for Astrocade,” said Amir Sadeghian. “We wanted to make it possible for people to build and share their dream interactive worlds.”

    Astrocade’s overhaul directly addresses the biggest barrier facing aspiring creators: the dreaded blank page. A new AI Brainstorming Flow sparks ideas from scratch or refines half-formed concepts into rich game blueprints. Once a vision is set, Astrocade generates a customized edit mode. A tailor-made toolset specific to each game’s unique needs, so creators can iterate with laser-focused simplicity.

    Building on the platform’s “TikTok-for-games” ethos, Astrocade now embraces remix culture at its core. Every game can be cloned, tweaked, and re-shared, letting creators riff on friends’ projects, birth new genres, and push interactive storytelling in unexpected directions. Enhanced creator profiles act as living portfolios, showcasing each user’s growing universe of original and remixed games and helping them build a following within the community.

    “Astrocade’s new release tears down the final wall between inspiration and creation,” said Amir Sadeghian, PhD, Co-Founder and CEO of Astrocade. “By pairing specialized AI agents, handling everything from visuals to moment-to-moment gameplay feel, with tools that adapt to each creator’s vision, we’re empowering anyone to make and share interactive worlds in minutes.”

    Key product highlights

    • AI-Guided Brainstorming: Jump-start creativity with conversational ideation that transforms a spark into a ready-to-build concept.
    • Game-Specific Editors: Astrocade’s AI assembles the perfect toolkit for each individual game, streamlining iteration.
    • One-Tap Remixing: Clone, modify, and re-publish any public game, fueling a virtuous cycle of community-driven innovation.
    • Specialized AI Agent Team: Dedicated agents collaborate in real time to craft art, UI, narrative, audio, and mechanics.
    • Upgraded Creator Profiles: Showcase creations, grow audiences, and establish a recognizable creative voice.

    Series A on the horizon

    Astrocade also confirmed it is in the final stages of closing its Series A financing, following last year’s $12 million seed round led by AME Cloud Ventures, NVIDIA, Venture Reality Fund, Chaac Ventures, and industry luminaries including Eric Schmidt and Niccolo De Masi. Additional details on the Series A will be shared soon.

    Availability

    The redesigned Astrocade experience is available now at www.astrocade.com. New creators can sign up today and begin crafting their first game, no coding required.

    About Astrocade

    Astrocade is an AI-powered social gaming platform that lets anyone create, iterate, remix, and share games with friends and a global community. It was founded in late 2022 by Amir Sadeghian, Ali Sadeghian, and Fei-Fei Li and head quartered in Los Altos. For more information, please visit www.astrocade.com.

    The MIL Network –

    July 31, 2025
  • MIL-OSI USA: President Trump signs Kennedy, Cortez Masto bill to help Louisianians recover from natural disasters

    US Senate News:

    Source: United States Senator John Kennedy (Louisiana)

    WASHINGTON – President Donald Trump signed into law Sens. John Kennedy (R-La.) and Catherine Cortez Masto (D-Nev.)’s bipartisan Filing Relief for Natural Disasters Act, which will provide relief for taxpayers in states that have issued state-level disaster declarations.

    “I’m grateful to President Trump for signing our bipartisan Filing Relief for Natural Disasters Act into law. Louisianians recovering from hurricanes and other disasters shouldn’t have to wait on Washington to get the tax extensions they need. This law will make sure hard-hit communities can get necessary tax relief without delay,” said Kennedy.

    “When a natural disaster strikes, hard-hit families looking for tax relief shouldn’t have to wait for the federal government to act. This commonsense bill will ensure that taxpayers who have been through state emergencies can get the flexibility from the IRS that they deserve while recovering,” said Cortez Masto.

    Sens. Marsha Blackburn (R-Tenn.) and Chris Van Hollen (D-Md.) also cosponsored the bill.

    “The last thing Tennesseans should have to worry about when a natural disaster like Hurricane Helene strikes is meeting a tax-filing deadline. Now that President Trump has signed our bipartisan Tax Relief for Natural Disasters Act into law, Americans impacted by natural disasters will have the flexibility to focus on recovery, not tax paperwork,” said Blackburn.

    Prior to the bill’s signing, the Internal Revenue Service had the authority to postpone tax filing deadlines following a presidentially declared federal disaster but not following a state-level emergency declaration. 

    The Filing Relief for Natural Disasters Act allows the governor of a state or territory to extend a federal tax filing deadline following a state-declared emergency or natural disaster without waiting for a federal disaster declaration. 

    This change will enable states to provide federal tax extensions independent of the federal government’s involvement in an emergency or natural disaster.

    The law also expands the mandatory federal filing extension from 60 days to 120 days. 

    The full bill text is available here.

    MIL OSI USA News –

    July 31, 2025
  • MIL-OSI Asia-Pac: President Lai meets delegation from US National Endowment for Democracy

    Source: Republic of China Taiwan

    Details
    2025-07-24
    President Lai meets Somaliland Foreign Minister Abdirahman Dahir Adam  
    On the morning of July 24, President Lai Ching-te met with a delegation led by Republic of Somaliland Minister of Foreign Affairs and International Cooperation Abdirahman Dahir Adam. In remarks, President Lai thanked the Somaliland government for its longstanding, staunch support for Taiwan-Somaliland relations. The president mentioned that this year marks the fifth anniversary of Taiwan and Somaliland’s mutual establishment of representative offices and that our exchanges in various areas have yielded significant results. He expressed hope for continuing to deepen our partnership, advancing our bilateral friendship and fruitful cooperation. A translation of President Lai’s remarks follows: I warmly welcome all of our guests to Taiwan. This is the first visit to Taiwan for Minister Adam, Minister Khadir Hussein Abdi, and Admiral Ahmed Hurre Hariye. I thank you for your high regard and support for Taiwan. I also very much appreciate that Lead Advisor Mohamed Omar Hagi Mohamoud, who served as representative of Somaliland to Taiwan during the past five years, continues deepening Taiwan-Somaliland ties in his new role. Somaliland is renowned as a beacon of democracy in the Horn of Africa. I want to once again congratulate Somaliland on successfully holding presidential and political party elections last November, which garnered praise from the international community. At that time, I appointed Deputy Minister of Foreign Affairs François Chihchung Wu (吳志中) to serve as special envoy and lead a delegation to attend the inauguration of President Abdirahman Mohamed Abdullahi, demonstrating that Taiwan would work closely with Somaliland’s new government to write a new chapter in our friendship. Recently, authoritarian regimes have continued to apply new forms of coercion as they intensify suppression of Taiwan’s and Somaliland’s international participation. In response, our two sides must continue to deepen our partnership and demonstrate the resilience of democratic alliances, as well as our staunch commitment to defending our values.  This year marks the fifth anniversary of Taiwan and Somaliland’s mutual establishment of representative offices. Through our joint efforts, we have continued to expand exchanges in various areas, yielding significant results. This afternoon, we will also sign an agreement on coast guard cooperation, launching bilateral cooperation in maritime affairs. Regarding President Abdullahi’s focus on maritime security, the blue economy, and other policy objectives, we can strengthen our bilateral partnership moving forward. In addition, we also hope to work together with like-minded countries such as the United States, and through trilateral or multilateral cooperation platforms, realize the strategic goal of a non-red Somaliland coastline. I want to thank the Somaliland government once more for its longstanding, staunch support for Taiwan-Somaliland relations. I look forward to working with all of you to continue to advance our bilateral friendship and fruitful cooperation. In closing, I once again welcome Minister Adam and the delegation. I have every confidence that, in addition to advancing bilateral cooperation, this trip will allow you to experience Taiwan’s natural beauty and diverse culture. Minister Adam then delivered remarks, thanking the government and people of Taiwan for the warm hospitality they have received since their arrival. He stated that Taiwan is a peaceful nation and that it shares with Somaliland the value of democracy. He stated that we also share the goal of obtaining recognition, so he is glad that the Taiwan-Somaliland relationship is growing by the day. Minister Adam pointed out that there is much pressure that we are both facing in our relationship, but he reassured President Lai that no amount of pressure can change Somaliland’s strong ties with Taiwan. He also thanked the Taiwan government for the help it has proffered to Somaliland, adding that our relationship will only get better. Minister Adam said that Taiwan and Somaliland can cooperate in many areas and that there is more opportunity in Somaliland than any other country, adding that Somaliland is open for investment from Taiwan. Noting that our countries can also collaborate in other areas such as education and maritime security, the minister said that he is glad they will be signing a cooperative agreement in maritime security with Taiwan. He then said he is looking forward to a better relationship in the future. The delegation was accompanied to the Presidential Office by Somaliland Representative to Taiwan Mahmoud Adam Jama Galaal.  

    Details
    2025-07-22
    President Lai meets cross-party Irish Oireachtas delegation
    On the morning of July 22, President Lai Ching-te met with a cross-party delegation from the Oireachtas (parliament) of Ireland. In remarks, President Lai stated that Taiwan and Ireland are both guardians of the values of freedom and democracy. He indicated that Taiwan will continue to take action and show the world that it is a trustworthy democratic partner that can contribute to the international community, saying that we look forward to building an even closer partnership with Ireland as we work together for the well-being of our peoples and for global democracy, peace, and prosperity. A translation of President Lai’s remarks follows: Deputy Speaker John McGuinness is a dear friend of Taiwan who also chairs the Ireland-Taiwan Parliamentary Friendship Association. Thanks to his efforts over the years, support for Taiwan has grown stronger in the Oireachtas. I thank him and all of our guests for traveling such a long way to demonstrate support for Taiwan and open more doors for exchanges and cooperation. Europe is Taiwan’s third largest trading partner and largest source of foreign investment. Ireland is a European stronghold for technology and innovative industries. Just like Taiwan, Ireland is an export-oriented economy. Our industrial structures are highly complementary. We hope that Taiwan’s electronics manufacturing and machinery industries can explore deeper cooperation with Ireland’s ICT software and biopharmaceutical fields, creating win-win outcomes. In May, the Irish government launched its National Semiconductor Strategy, outlining a vision to become a global semiconductor hub. Taiwan is home to the world’s most critical semiconductor ecosystem, and our own industrial development closely parallels that of Ireland. Moreover, we aspire to build non-red technological supply chains with democratic partners. I believe that going forward, Taiwan and Ireland can bolster collaboration so as to upgrade the competitiveness of our respective semiconductor industries. Together, we can help build a values-based economic system for democracies. I was delighted to receive congratulations from Deputy Speaker McGuinness on my election. Taiwan and Ireland are both guardians of the values of freedom and democracy. This visit from our guests further attests to our common beliefs. As authoritarianism continues to expand, Taiwan will continue to take action and show the world that it is a trustworthy democratic partner that can contribute to the international community. We look forward to building an even closer partnership with Ireland as we work together for the well-being of our peoples and for global democracy, peace, and prosperity. Deputy Speaker McGuinness then delivered remarks, stating that he has been to Taiwan on many occasions and that it is a great honor to join President Lai and his staff at the Presidential Office. He said that Ireland has continued to build its strong relationship with Taiwan based on our democratic values and the interests that we have in trade throughout the world, strengthening this relationship based on culture, education, and more. Noting that he served with many other diplomats from Taiwan, he said all had the same goal, which was to further the interests of the Ireland-Taiwan friendship and to ensure that it grows and prospers. The deputy speaker then extended to President Lai the delegation’s best wishes for his term in office, stating that they commit to the same values as the previous friendship groups that have been visiting Taiwan. He went on to say that some members of the group are newly elected, representing the next generation of the association, and that they are committed to working together with Taiwan to stand strong in the defense of democracy. Deputy Speaker McGuinness also noted that the father of Deputy Ken O’Flynn, one of the delegation members, played an important role as a former chairman of the association, remarking that it is good to see such continuity taking place. Deputy Speaker McGuiness said that he believes the world is facing huge challenges and uncertainty in terms of our markets and trade with one another. He said we have to watch for what the United States will do next and be conscious of what China is doing, emphasizing that the European Union stands strong in the center of this, while Ireland plays a huge role in the context of democracy, trade, and the betterment of all things for the citizens that they represent. The deputy speaker then stated that while we focus on the development of AI that is extremely important for all of us, we can work together to ensure that we control AI rather than AI controlling us. He also remarked that we cannot lose sight of our traditional trading means, saying that we have to keep all of our trade together, expand on that trade, and then take on the new technologies that come before us. Deputy Speaker McGuinness concluded his remarks by thanking President Lai for receiving the delegation, stating that they commit to their continuation of support for Taiwan and for democracy. Also in attendance were Deputies Malcolm Byrne and Barry Ward, and Senator Teresa Costello.

    Details
    2025-07-22
    President Lai meets official delegation from European Parliament’s Special Committee on the European Democracy Shield
    On the morning of July 22, President Lai Ching-te met with an official delegation from the European Parliament’s Special Committee on the European Democracy Shield (EUDS). In remarks, President Lai thanked the committee for choosing to visit Taiwan for its first trip to Asia, demonstrating the close ties between Taiwan and Europe. President Lai emphasized that Taiwan, standing at the very frontline of the democratic world, is determined to protect democracy, peace, and prosperity worldwide. He expressed hope that we can share our experiences with Europe to foster even more resilient societies. A translation of President Lai’s remarks follows: Firstly, on behalf of the people of Taiwan, I extend a warm welcome to your delegation, which marks another official visit from the European Parliament. The Special Committee on the EUDS aims to strengthen societal resilience and counter disinformation and hybrid threats. Having been constituted at the beginning of this year, the committee has chosen to visit Taiwan for its first trip to Asia, demonstrating the close ties between Taiwan and Europe and the unlimited possibilities for deepening cooperation on issues of concern. I am also delighted to see many old friends of Taiwan gathered here today. I deeply appreciate your longstanding support for Taiwan. Taiwan and the European Union enjoy close trade and economic relations and share the values of freedom and democracy. However, in recent years, we have both been subjected to information manipulation and infiltration by foreign forces that seek to interfere in democratic elections, foment division in our societies, and shake people’s faith in democracy. Taiwan not only faces an onslaught of disinformation, but also is the target of gray-zone aggression. That is why, after taking office, I established the Whole-of-Society Defense Resilience Committee at the Presidential Office, with myself as convener. The committee is a platform that integrates domestic affairs, national defense, foreign affairs, cybersecurity, and civil resources. It aims to strengthen the capability of Taiwan’s society to defend itself against new forms of threat, pinpoint external and internal vulnerabilities, and bolster overall resilience and security. The efforts that democracies make are not for opposing anyone else; they are for safeguarding the way of life that we cherish – just as Europe has endeavored to promote diversity and human rights. The Taiwanese people firmly believe that when our society is united and people trust one another, we will be able to withstand any form of authoritarian aggression. Taiwan stands at the very frontline of the democratic world. We are determined to protect democracy, peace, and prosperity worldwide. We also hope to share our experiences with Europe and deepen cooperation in such fields as cybersecurity, media literacy, and societal resilience. Thank you once again for visiting Taiwan. Your presence further strengthens the foundations of Taiwan-Europe relations. Let us continue to work together to uphold freedom and democracy and foster even more resilient societies. EUDS Special Committee Chair Nathalie Loiseau then delivered remarks, saying that the delegation has members from different countries, including France, Germany, the Czech Republic, Poland, and Belgium, and different political parties, but that they have in common their desire for stronger relations between the EU and Taiwan. Committee Chair Loiseau stated that the EU and Taiwan, having many things in common, should work more together. She noted that we have strong trade relations, strong investments on both sides, and strong cultural relations, while we are also facing very similar challenges and threats. She said that we are democracies living in a world where autocracies want to weaken and divide democracies. She added that we also face external information manipulation, cyberattacks, sabotage, attempts to capture elites, and every single gray-zone activity that aims to divide and weaken us. Committee Chair Loiseau pointed out another commonality, that we have never threatened our neighbors. She said that we want to live in peace and we care about our people; we want to defend ourselves, not to attack others. We are not being threatened because of what we do, she emphasized, but because of what we are; and thus there is no reason for not working more together to face these threats and attacks. Committee Chair Loiseau said that Taiwan has valuable experience and good practices in the area of societal resilience, and that they are interested in learning more about Taiwan’s whole-of-society approach. They in Europe are facing interference, she said, mainly from Russia, and they know that Russia inspires others. She added that they in the EU also have experience regulating social media in a way which combines freedom of expression and responsibility. In closing, the chair said that they are happy to have the opportunity to exchange views with President Lai and that the European Parliament will continue to strongly support relations between the EU and Taiwan. The delegation also included Members of the European Parliament Engin Eroglu, Tomáš Zdechovský, Michał Wawrykiewicz, Kathleen Van Brempt, and Markéta Gregorová.

    Details
    2025-07-17
    President Lai meets President of Guatemalan Congress Nery Abilio Ramos y Ramos  
    On the morning of July 17, President Lai Ching-te met with a delegation led by Nery Abilio Ramos y Ramos, the president of the Congress of the Republic of Guatemala. In remarks, President Lai thanked Congress President Ramos and the Guatemalan Congress for their support for Taiwan, and noted that official diplomatic relations between Taiwan and Guatemala go back more than 90 years. As important partners in the global democratic community, the president said, the two nations will continue moving forward together in joint defense of the values of democracy and freedom, and will cooperate to promote regional and global prosperity and development. A translation of President Lai’s remarks follows:  I recall that when Congress President Ramos visited Taiwan in July last year, he put forward many ideas about how our countries could promote bilateral cooperation and exchanges. Now, a year later, he is leading another cross-party delegation from the Guatemalan Congress on a visit, demonstrating support for Taiwan and continuing to help deepen our diplomatic ties. In addition to extending a sincere welcome to the distinguished delegation members who have traveled so far to be here, I would also like to express our concern and condolences for everyone in Guatemala affected by the earthquake that struck earlier this month. We hope that the recovery effort is going smoothly. Official diplomatic relations between Taiwan and Guatemala go back more than 90 years. In such fields as healthcare, agriculture, education, and women’s empowerment, we have continually strengthened our cooperation to benefit our peoples. Just last month, Guatemala’s President Bernardo Arévalo and the First Lady led a delegation on a state visit to Taiwan. President Arévalo and I signed a letter of intent for semiconductor cooperation, and also witnessed the signing of cooperation documents to establish a political consultation mechanism and continue to promote bilateral investment. This has laid an even sounder foundation for bilateral exchanges and cooperation, and will help enhance both countries’ international competitiveness. Taiwan is currently running a semiconductor vocational training program, helping Guatemala cultivate semiconductor talent and develop its tech industry, and demonstrating our determination to share experience with democratic partners. At the same time, we continue to assist Taiwanese businesses in their efforts to develop overseas markets with Guatemala as an important base, spurring industrial development in both countries and increasing economic and trade benefits. I want to thank Congress President Ramos and the Guatemalan Congress for their continued support for Taiwan’s international participation. Representing the Guatemalan Congress, Congress President Ramos has signed resolutions in support of Taiwan, and has also issued statements addressing China’s misinterpretation of United Nations General Assembly Resolution 2758. Taiwan and Guatemala, as important partners in the global democratic community, will continue moving forward together in joint defense of the values of democracy and freedom, and will cooperate to promote regional and global prosperity and development. Congress President Ramos then delivered remarks, first noting that the members of the delegation are not only from different parties, but also represent different classes, cultures, professions, and departments, which shows that the diplomatic ties between Guatemala and the Republic of China (Taiwan) are based on firm friendships at all levels and in all fields. Noting that this was his second time to visit Taiwan and meet with President Lai, Congress President Ramos thanked the government of Taiwan for its warm hospitality. With the international situation growing more complex by the day, he said, Guatemala highly values its longstanding friendship and cooperative ties with Taiwan, and hopes that both sides can continue to deepen their cooperation in such areas as the economy, technology, education, agriculture, and culture, and work together to spur sustainable development in each of our countries. Congress President Ramos said that the way the Taiwan government looks after the well-being of its people is an excellent model for how other countries should promote national development and social well-being. Accordingly, he said, the Guatemalan Congress has stood for justice and, for a second time, adopted a resolution backing Taiwan’s participation in the World Health Assembly. Regarding President Arévalo’s state visit to Taiwan the previous month, Congress President Ramos commented that this high-level interaction has undoubtedly strengthened the diplomatic ties between Taiwan and Guatemala and led to more opportunities for cooperation. Congress President Ramos emphasized that democracy, freedom, and human rights are universal values that bind Taiwan and Guatemala together, and that he is confident the two countries’ diplomatic ties will continue to grow deeper. In closing, on behalf of the Republic of Guatemala, Congress President Ramos presented President Lai with a Chinese translation of the resolution that the Guatemalan Congress proposed to the UN in support of Taiwan’s participation in international organizations, demonstrating the staunch bonds of friendship between the two countries. The delegation was accompanied to the Presidential Office by Guatemala Ambassador Luis Raúl Estévez López.  

    Details
    2025-07-08
    President Lai meets delegation led by Foreign Minister Jean-Victor Harvel Jean-Baptiste of Republic of Haiti
    On the morning of July 8, President Lai Ching-te met with a delegation led by Minister of Foreign Affairs Jean-Victor Harvel Jean-Baptiste of the Republic of Haiti and his wife. In remarks, President Lai noted that our two countries will soon mark the 70th anniversary of diplomatic relations and that our exchanges have been fruitful in important areas such as public security, educational cooperation, and infrastructure. The president stated that Taiwan will continue to work together with Haiti to promote the development of medical and health care, food security, and construction that benefits people’s livelihoods. The president thanked Haiti for supporting Taiwan’s international participation and expressed hope that both countries will continue to support each other, deepen cooperation, and face various challenges together. A translation of President Lai’s remarks follows: I am delighted to meet and exchange ideas with Minister Jean-Baptiste, his wife, and our distinguished guests. Minister Jean-Baptiste is the highest-ranking official from Haiti to visit Taiwan since former President Jovenel Moïse visited in 2018, demonstrating the importance that the Haitian government attaches to our bilateral diplomatic ties. On behalf of the Republic of China (Taiwan), I extend a sincere welcome. Next year marks the 70th anniversary of the establishment of diplomatic ties between our two countries. Our bilateral exchanges have been fruitful in important areas such as public security, educational cooperation, and infrastructure. Over the past few years, Haiti has faced challenges in such areas as food supply and healthcare. Taiwan will continue to work together with Haiti through various cooperative programs to promote the development of medical and health care, food security, and construction that benefits people’s livelihoods. I want to thank the government of Haiti and Minister Jean-Baptiste for speaking out in support of Taiwan on the international stage for many years. Minister Jean-Baptiste’s personal letter to the World Health Organization Secretariat in May this year and Minister of Public Health and Population Bertrand Sinal’s public statement during the World Health Assembly both affirmed Taiwan’s efforts and contributions to global public health and supported Taiwan’s international participation, for which we are very grateful. I hope that Taiwan and Haiti will continue to support each other and deepen cooperation. I believe that Minister Jean-Baptiste’s visit will open up more opportunities for cooperation for both countries, helping Taiwan and Haiti face various challenges together. In closing, I once again offer a sincere welcome to the delegation led by Minister Jean-Baptiste, and ask him to convey greetings from Taiwan to Prime Minister Alix Didier Fils-Aimé and the members of the Transitional Presidential Council. Minister Jean-Baptiste then delivered remarks, saying that he is extremely honored to visit Taiwan and reaffirm the solid and friendly cooperative relationship based on mutual respect between the Republic of Haiti and the Republic of China (Taiwan), which will soon mark its 70th anniversary. He also brought greetings to President Lai from Haiti’s Transitional Presidential Council and Prime Minister Fils-Aimé. Minister Jean-Baptiste emphasized that over the past few decades, despite the great geographical distance and developmental and cultural differences between our two countries, we have nevertheless established a firm friendship and demonstrated to the world the progress resulting from the mutual assistance and cooperation between our peoples. Minister Jean-Baptiste pointed out that our two countries cooperate closely in agriculture, health, education, and community development and have achieved concrete results. Taiwan’s voice, he said, is thus essential for the people of Haiti. He noted that Taiwan also plays an important role in peace and innovation and actively participates in global cooperative efforts. Pointing out that the world is currently facing significant challenges and that Haiti is experiencing its most difficult period in history, Minister Jean-Baptiste said that at this time, Taiwan and Haiti need to unite, help each other, and jointly think about how to move forward and deepen bilateral relations to benefit the peoples of both countries. Minister Jean-Baptiste said that he is pleased that throughout our solid and friendly diplomatic relationship, both countries have demonstrated mutual trust, mutual respect, and the values we jointly defend. He then stated his belief that Haiti and Taiwan will together create a cooperation model and future that are sincere, friendly, and sustainable. The delegation was accompanied to the Presidential Office by Chargé d’Affaires a.i. Francilien Victorin of the Embassy of the Republic of Haiti in Taiwan.

    Details
    2025-05-20
    President Lai interviewed by Nippon Television and Yomiuri TV
    In a recent interview on Nippon Television’s news zero program, President Lai Ching-te responded to questions from host Mr. Sakurai Sho and Yomiuri TV Shanghai Bureau Chief Watanabe Masayo on topics including reflections on his first year in office, cross-strait relations, China’s military threats, Taiwan-United States relations, and Taiwan-Japan relations. The interview was broadcast on the evening of May 19. During the interview, President Lai stated that China intends to change the world’s rules-based international order, and that if Taiwan were invaded, global supply chains would be disrupted. Therefore, he said, Taiwan will strengthen its national defense, prevent war by preparing for war, and achieve the goal of peace. The president also noted that Taiwan’s purpose for developing drones is based on national security and industrial needs, and that Taiwan hopes to collaborate with Japan. He then reiterated that China’s threats are an international problem, and expressed hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war. Following is the text of the questions and the president’s responses: Q: How do you feel as you are about to round out your first year in office? President Lai: When I was young, I was determined to practice medicine and save lives. When I left medicine to go into politics, I was determined to transform Taiwan. And when I was sworn in as president on May 20 last year, I was determined to strengthen the nation. Time flies, and it has already been a year. Although the process has been very challenging, I am deeply honored to be a part of it. I am also profoundly grateful to our citizens for allowing me the opportunity to give back to our country. The future will certainly be full of more challenges, but I will do everything I can to unite the people and continue strengthening the nation. That is how I am feeling now. Q: We are now coming up on the 80th anniversary of the end of World War II, and over this period, we have often heard that conflict between Taiwan and the mainland is imminent. Do you personally believe that a cross-strait conflict could happen? President Lai: The international community is very much aware that China intends to replace the US and change the world’s rules-based international order, and annexing Taiwan is just the first step. So, as China’s military power grows stronger, some members of the international community are naturally on edge about whether a cross-strait conflict will break out. The international community must certainly do everything in its power to avoid a conflict in the Taiwan Strait; there is too great a cost. Besides causing direct disasters to both Taiwan and China, the impact on the global economy would be even greater, with estimated losses of US$10 trillion from war alone – that is roughly 10 percent of the global GDP. Additionally, 20 percent of global shipping passes through the Taiwan Strait and surrounding waters, so if a conflict breaks out in the strait, other countries including Japan and Korea would suffer a grave impact. For Japan and Korea, a quarter of external transit passes through the Taiwan Strait and surrounding waters, and a third of the various energy resources and minerals shipped back from other countries pass through said areas. If Taiwan were invaded, global supply chains would be disrupted, and therefore conflict in the Taiwan Strait must be avoided. Such a conflict is indeed avoidable. I am very thankful to Prime Minister of Japan Ishiba Shigeru and former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio, as well as US President Donald Trump and former President Joe Biden, and the other G7 leaders, for continuing to emphasize at international venues that peace and stability across the Taiwan Strait are essential components for global security and prosperity. When everyone in the global democratic community works together, stacking up enough strength to make China’s objectives unattainable or to make the cost of invading Taiwan too high for it to bear, a conflict in the strait can naturally be avoided. Q: As you said, President Lai, maintaining peace and stability across the Taiwan Strait is also very important for other countries. How can war be avoided? What sort of countermeasures is Taiwan prepared to take to prevent war? President Lai: As Mr. Sakurai mentioned earlier, we are coming up on the 80th anniversary of the end of WWII. There are many lessons we can take from that war. First is that peace is priceless, and war has no winners. From the tragedies of WWII, there are lessons that humanity should learn. We must pursue peace, and not start wars blindly, as that would be a major disaster for humanity. In other words, we must be determined to safeguard peace. The second lesson is that we cannot be complacent toward authoritarian powers. If you give them an inch, they will take a mile. They will keep growing, and eventually, not only will peace be unattainable, but war will be inevitable. The third lesson is why WWII ended: It ended because different groups joined together in solidarity. Taiwan, Japan, and the Indo-Pacific region are all directly subjected to China’s threats, so we hope to be able to join together in cooperation. This is why we proposed the Four Pillars of Peace action plan. First, we will strengthen our national defense. Second, we will strengthen economic resilience. Third is standing shoulder to shoulder with the democratic community to demonstrate the strength of deterrence. Fourth is that as long as China treats Taiwan with parity and dignity, Taiwan is willing to conduct exchanges and cooperate with China, and seek peace and mutual prosperity. These four pillars can help us avoid war and achieve peace. That is to say, Taiwan hopes to achieve peace through strength, prevent war by preparing for war, keeping war from happening and pursuing the goal of peace. Q: Regarding drones, everyone knows that recently, Taiwan has been actively researching, developing, and introducing drones. Why do you need to actively research, develop, and introduce new drones at this time? President Lai: This is for two purposes. The first is to meet national security needs. The second is to meet industrial development needs. Because Taiwan, Japan, and the Philippines are all part of the first island chain, and we are all democratic nations, we cannot be like an authoritarian country like China, which has an unlimited national defense budget. In this kind of situation, island nations such as Taiwan, Japan, and the Philippines should leverage their own technologies to develop national defense methods that are asymmetric and utilize unmanned vehicles. In particular, from the Russo-Ukrainian War, we see that Ukraine has successfully utilized unmanned vehicles to protect itself and prevent Russia from unlimited invasion. In other words, the Russo-Ukrainian War has already proven the importance of drones. Therefore, the first purpose of developing drones is based on national security needs. Second, the world has already entered the era of smart technology. Whether generative, agentic, or physical, AI will continue to develop. In the future, cars and ships will also evolve into unmanned vehicles and unmanned boats, and there will be unmanned factories. Drones will even be able to assist with postal deliveries, or services like Uber, Uber Eats, and foodpanda, or agricultural irrigation and pesticide spraying. Therefore, in the future era of comprehensive smart technology, developing unmanned vehicles is a necessity. Taiwan, based on industrial needs, is actively planning the development of drones and unmanned vehicles. I would like to take this opportunity to express Taiwan’s hope to collaborate with Japan in the unmanned vehicle industry. Just as we do in the semiconductor industry, where Japan has raw materials, equipment, and technology, and Taiwan has wafer manufacturing, our two countries can cooperate. Japan is a technological power, and Taiwan also has significant technological strengths. If Taiwan and Japan work together, we will not only be able to safeguard peace and stability in the Taiwan Strait and security in the Indo-Pacific region, but it will also be very helpful for the industrial development of both countries. Q: The drones you just described probably include examples from the Russo-Ukrainian War. Taiwan and China are separated by the Taiwan Strait. Do our drones need to have cross-sea flight capabilities? President Lai: Taiwan does not intend to counterattack the mainland, and does not intend to invade any country. Taiwan’s drones are meant to protect our own nation and territory. Q: Former President Biden previously stated that US forces would assist Taiwan’s defense in the event of an attack. President Trump, however, has yet to clearly state that the US would help defend Taiwan. Do you think that in such an event, the US would help defend Taiwan? Or is Taiwan now trying to persuade the US? President Lai: Former President Biden and President Trump have answered questions from reporters. Although their responses were different, strong cooperation with Taiwan under the Biden administration has continued under the Trump administration; there has been no change. During President Trump’s first term, cooperation with Taiwan was broader and deeper compared to former President Barack Obama’s terms. After former President Biden took office, cooperation with Taiwan increased compared to President Trump’s first term. Now, during President Trump’s second term, cooperation with Taiwan is even greater than under former President Biden. Taiwan-US cooperation continues to grow stronger, and has not changed just because President Trump and former President Biden gave different responses to reporters. Furthermore, the Trump administration publicly stated that in the future, the US will shift its strategic focus from Europe to the Indo-Pacific. The US secretary of defense even publicly stated that the primary mission of the US is to prevent China from invading Taiwan, maintain stability in the Indo-Pacific, and thus maintain world peace. There is a saying in Taiwan that goes, “Help comes most to those who help themselves.” Before asking friends and allies for assistance in facing threats from China, Taiwan must first be determined and prepared to defend itself. This is Taiwan’s principle, and we are working in this direction, making all the necessary preparations to safeguard the nation. Q: I would like to ask you a question about Taiwan-Japan relations. After the Great East Japan Earthquake in 2011, you made an appeal to give Japan a great deal of assistance and care. In particular, you visited Sendai to offer condolences. Later, you also expressed condolences and concern after the earthquakes in Aomori and Kumamoto. What are your expectations for future Taiwan-Japan exchanges and development? President Lai: I come from Tainan, and my constituency is in Tainan. Tainan has very deep ties with Japan, and of course, Taiwan also has deep ties with Japan. However, among Taiwan’s 22 counties and cities, Tainan has the deepest relationship with Japan. I sincerely hope that both of you and your teams will have an opportunity to visit Tainan. I will introduce Tainan’s scenery, including architecture from the era of Japanese rule, Tainan’s cuisine, and unique aspects of Tainan society, and you can also see lifestyles and culture from the Showa era.  The Wushantou Reservoir in Tainan was completed by engineer Mr. Hatta Yoichi from Kanazawa, Japan and the team he led to Tainan after he graduated from then-Tokyo Imperial University. It has nearly a century of history and is still in use today. This reservoir, along with the 16,000-km-long Chianan Canal, transformed the 150,000-hectare Chianan Plain into Taiwan’s premier rice-growing area. It was that foundation in agriculture that enabled Taiwan to develop industry and the technology sector of today. The reservoir continues to supply water to Tainan Science Park. It is used by residents of Tainan, the agricultural sector, and industry, and even the technology sector in Xinshi Industrial Park, as well as Taiwan Semiconductor Manufacturing Company. Because of this, the people of Tainan are deeply grateful for Mr. Hatta and very friendly toward the people of Japan. A major earthquake, the largest in 50 years, struck Tainan on February 6, 2016, resulting in significant casualties. As mayor of Tainan at the time, I was extremely grateful to then-Prime Minister Abe, who sent five Japanese officials to the disaster site in Tainan the day after the earthquake. They were very thoughtful and asked what kind of assistance we needed from the Japanese government. They offered to provide help based on what we needed. I was deeply moved, as former Prime Minister Abe showed such care, going beyond the formality of just sending supplies that we may or may not have actually needed. Instead, the officials asked what we needed and then provided assistance based on those needs, which really moved me. Similarly, when the Great East Japan Earthquake of 2011 or the later Kumamoto earthquakes struck, the people of Tainan, under my leadership, naturally and dutifully expressed their support. Even earlier, when central Taiwan was hit by a major earthquake in 1999, Japan was the first country to deploy a rescue team to the disaster area. On February 6, 2018, after a major earthquake in Hualien, former Prime Minister Abe appeared in a video holding up a message of encouragement he had written in calligraphy saying “Remain strong, Taiwan.” All of Taiwan was deeply moved. Over the years, Taiwan and Japan have supported each other when earthquakes struck, and have forged bonds that are family-like, not just neighborly. This is truly valuable. In the future, I hope Taiwan and Japan can be like brothers, and that the peoples of Taiwan and Japan can treat one another like family. If Taiwan has a problem, then Japan has a problem; if Japan has a problem, then Taiwan has a problem. By caring for and helping each other, we can face various challenges and difficulties, and pursue a brighter future. Q: President Lai, you just used the phrase “If Taiwan has a problem, then Japan has a problem.” In the event that China attempts to invade Taiwan by force, what kind of response measures would you hope the US military and Japan’s Self-Defense Forces take? President Lai: As I just mentioned, annexing Taiwan is only China’s first step. Its ultimate objective is to change the rules-based international order. That being the case, China’s threats are an international problem. So, I would very much hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war – prevention, after all, is more important than cure.

    MIL OSI Asia Pacific News –

    July 31, 2025
  • MIL-OSI: Advantage Solutions to Participate in The Canaccord Annual Growth Conference on August 12, 2025

    Source: GlobeNewswire (MIL-OSI)

    ST. LOUIS, July 30, 2025 (GLOBE NEWSWIRE) — Advantage Solutions Inc. (NASDAQ GS: ADV) announced today that Dave Peacock, Chief Executive Officer, and Chris Growe, Chief Financial Officer, will participate in the Canaccord Genuity 45th Annual Growth Conference in Boston on Aug. 12, 2025. A live fireside chat with Dave Peacock will be held at noon EDT. The listen-only webcast can be accessed from the Advantage Solutions website at ir.youradv.com. For more details, contact your Canaccord Genuity representative.

    About Advantage Solutions

    Advantage Solutions is the leading omnichannel retail solutions agency in North America, uniquely positioned at the intersection of consumer-packaged goods brands and retailers. With its data- and technology-powered services, Advantage leverages its unparalleled insights, expertise and scale to help brands and retailers of all sizes generate demand and get products into the hands of consumers, wherever they shop. Whether it’s creating meaningful moments and experiences in-store and online, optimizing assortment and merchandising, or accelerating e-commerce and digital capabilities, Advantage is the trusted partner that keeps commerce and life moving. Advantage has offices throughout North America and strategic investments and owned operations in select international markets. For more information, please visit youradv.com.

    Investor Contacts: 
    Ruben Mella
    investorrelations@youradv.com    

    Media Contacts: 
    Jeff Levine
    press@youradv.com    

    The MIL Network –

    July 31, 2025
  • MIL-OSI USA News: Adjusting Imports of Copper into the United States

    Source: US Whitehouse

    class=”has-text-align-center”> BY THE PRESIDENT OF THE UNITED STATES OF AMERICA
     
    A PROCLAMATION

    1.  On June 30, 2025, the Secretary of Commerce (Secretary) transmitted to me a report on his investigation into the effects of imports of copper in all forms (copper), including copper ores, copper concentrates, refined copper, copper alloys, scrap copper, and derivative products, on the national security of the United States under section 232 of the Trade Expansion Act of 1962, as amended, 19 U.S.C. 1862 (section 232).  Based on the facts considered in that investigation, the Secretary found and advised me of his opinion that copper is being imported into the United States in such quantities and under such circumstances as to threaten to impair the national security of the United States.

    2.  The Secretary found that the present quantities of copper imports and the circumstances of global excess capacity for producing copper are weakening our economy, resulting in the persistent threat of further closures of domestic copper production facilities and the shrinking of our ability to meet national security production requirements.  Because of these risks, and taking into account the close relation of the economic welfare of the Nation to our national security and other relevant factors, see 19 U.S.C. 1862(d), the Secretary found that the present quantities and circumstances of copper imports threaten to impair the national security as provided in section 232.

    3.  In reaching this conclusion, the Secretary found that copper is essential to the manufacturing foundation on which United States national and economic security depend.  Copper is the second most widely used material by the Department of Defense and is a necessary input in a range of defense systems, including aircraft, ground vehicles, ships, submarines, missiles, and ammunition.  Copper also plays a central role in the broader United States industrial base.  The metal’s exceptional electrical conductivity and durability also make it indispensable to critical infrastructure sectors that support the American economy, national security, and public health.  Alternatives to copper are insufficient substitutes for these vital industries and products in many circumstances.

    4.  The Secretary found that the United States was a world leader across the value chain of copper production (mining, refining, semi-finished goods, and finished goods containing copper) for most of the 20th century.  But despite copper being a crucial material in manufacturing and for the national and economic security of the United States, United States copper production has plummeted.  Today, a single foreign country dominates global copper smelting and refining, controlling over 50 percent of global smelting capacity and holding four of the top five largest refining facilities.

    5.  The Secretary found that unfair trade practices abroad, exacerbated by overly burdensome environmental regulations at home, have hollowed out United States copper refining and smelting, caused the United States to be overly reliant on foreign copper imports, and prevent a path forward without strong corrective action.  Foreign competitors leverage state subsidies and overproduction to flood international markets with artificially low-priced copper products, driving United States producers out of business.  The United States is now dangerously dependent on foreign imports of semi-finished copper, intensive copper derivative products, and copper-containing products, and imbalances in the global markets make domestic investment increasingly unviable.

    6.  The Secretary found that United States dependency on foreign sources of copper is a national security vulnerability that could be exploited by foreign countries, weakens United States industrial resilience, exposes the American people to supply chain disruptions, economic instability, and strategic vulnerabilities, and jeopardizes the United States defense industrial base. 

    7.  In light of these findings, the Secretary recommended a range of actions to adjust the imports of copper so that such imports will not threaten to impair the national security.  For example, the Secretary recommended an immediate universal 30 percent import duty on semi-finished copper products and intensive copper derivative products.  The Secretary also recommended a phased universal tariff on refined copper of 15 percent starting in 2027 and 30 percent starting in 2028.  The Secretary further recommended a domestic sales requirement for copper input materials starting at 25 percent in 2027, a domestic sales requirement of 25 percent for high-quality copper scrap, and export controls for high-quality copper scrap. 

    8.  After considering the Secretary’s report, the factors in section 232(d), 19 U.S.C. 1862(d), and other relevant factors, among other things, I concur with the Secretary’s finding that copper is being imported into the United States in quantities and under circumstances that threaten to impair the national security of the United States.  In my judgment, and in light of the Secretary’s report, the factors in section 232(d), 19 U.S.C. 1862(d), and other relevant factors, among other things, I also determine that it is necessary and appropriate to impose tariffs, as described below, to adjust imports of copper and its derivatives so that such imports will not threaten to impair the national security of the United States.

    9.  To ensure that the tariffs on copper in this proclamation are not circumvented and that the purpose of this action to address the threat to impair the national security of the United States posed by imports of copper is not undermined, I also deem it necessary and appropriate to set up a process to identify and impose tariffs on certain derivatives of copper, as further described below.

    10.  In my judgment, the action in this proclamation will, among other things, help increase domestic production of semi-finished copper products and intensive copper derivative products, thereby reducing our Nation’s reliance on foreign sources.  It will ensure that domestic fabricators are able to supply sufficient quantities of copper products essential for infrastructure, defense systems, and advanced manufacturing.  This action will also promote investment, employment, and innovation in the domestic copper fabrication sector, strengthen supply chains, enhance industrial resilience, and generate meaningful economic benefits.  This action will adjust the imports of semi-finished copper products, intensive copper derivative products, and certain other copper derivatives and is necessary and appropriate to address the threat to impair the national security of the United States posed by imports of such articles.

    11.  Section 232 authorizes the President to adjust the imports of an article and its derivatives that are being imported into the United States in such quantities or under such circumstances as to threaten to impair the national security so that such imports will not threaten to impair the national security. 

    12.  Section 604 of the Trade Act of 1974, as amended, 19 U.S.C. 2483, authorizes the President to embody in the Harmonized Tariff Schedule of the United States (HTSUS) the substance of statutes affecting import treatment, and actions thereunder, including the removal, modification, continuance, or imposition of any rate of duty or other import restriction.

    13.  Consistent with the General Terms for the United States of America and the United Kingdom of Great Britain and Northern Ireland Economic Prosperity Deal (May 8, 2025), the United States intends to coordinate with the United Kingdom to adopt a structured, negotiated approach to addressing the national security threat in the copper sector.

    NOW, THEREFORE, I, DONALD J. TRUMP, President of the United States of America, by the authority vested in me by the Constitution and the laws of the United States of America, including section 232; the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.); section 101 of the Defense Production Act of 1950 (DPA), as amended, 50 U.S.C. 4511; section 301 of title 3, United States Code; and section 604 of the Trade Act of 1974, as amended, 19 U.S.C. 2483, do hereby proclaim as follows:
    (1)  Except as otherwise provided in this proclamation, all imports of semi-finished copper products and intensive copper derivative products, as set forth in the Annex to this proclamation, shall be subject to a 50 percent tariff.  This tariff shall be effective with respect to goods entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. eastern daylight time on August 1, 2025, and shall continue in effect, unless such action is expressly reduced, modified, or terminated.  This tariff is in addition to any other duties, fees, exactions, and charges applicable to such imported semi-finished copper products and intensive copper derivative products, unless stated otherwise below.
    (2)  The Secretary, in consultation with the United States International Trade Commission and U.S. Customs and Border Protection (CBP), shall determine whether any modifications to the HTSUS are necessary to effectuate this proclamation and shall make such modifications through notice in the Federal Register if needed.
    (3)  Within 90 days after the date of this proclamation, the Secretary shall establish a process for including additional derivative copper articles within the scope of the duties of this proclamation, consistent with the processes established pursuant to Proclamation 10895 of February 10, 2025 (Adjusting Imports of Aluminum Into the United States) and Proclamation 10896 of February 10, 2025 (Adjusting Imports of Steel Into the United States).
    (4)  The non-copper content of all copper articles subject to this proclamation shall be subject to tariffs pursuant to Executive Order 14257 of April 2, 2025 (Regulating Imports With a Reciprocal Tariff To Rectify Trade Practices That Contribute to Large and Persistent Annual United States Goods Trade Deficits), and any other applicable duties, including those imposed by Executive Order 14193 of February 1, 2025 (Imposing Duties To Address the Flow of Illicit Drugs Across Our Northern Border), as amended, Executive Order 14194 of February 1, 2025 (Imposing Duties To Address the Situation at Our Southern Border), as amended, and Executive Order 14195 of February 1, 2025 (Imposing Duties To Address the Synthetic Opioid Supply Chain in the People’s Republic of China), as amended.  The additional duties described in clauses 1 through 3 of this proclamation shall apply only to the copper content of articles subject to this proclamation.  CBP shall issue authoritative guidance mandating strict compliance with declaration requirements for copper content in imported articles and outlining maximum penalties for noncompliance, including that importers who submit underreported declarations may be subject to severe consequences, such as significant monetary penalties, loss of import privileges, and criminal liability, consistent with United States law.
    (5)  If any product is subject to tariffs under both this proclamation and Proclamation 10908 of March 26, 2025 (Adjusting Imports of Automobiles and Automobile Parts Into the United States), as amended, the product shall be subject to the duties imposed pursuant to Proclamation 10908, as amended, and not those imposed pursuant to this proclamation.
    (6)  Any product described in clause 1 of this proclamation, except those eligible for admission as “domestic status” as described in 19 CFR 146.43, that is subject to a duty imposed by this proclamation and that is admitted into a United States foreign trade zone on or after the effective date of this proclamation must be admitted as “privileged foreign” status as described in 19 CFR 146.41, and will be subject upon entry for consumption to any ad valorem rates of duty related to the classification under the applicable HTSUS subheading. 
    (7)  The Secretary shall continue to monitor imports of copper and its derivatives.  The Secretary shall, from time to time, in consultation with any senior executive branch officials the Secretary deems appropriate, review the status of copper and copper derivative imports with respect to national security.  The Secretary shall inform the President of any circumstances that, in the Secretary’s opinion, might indicate the need for further action by the President under section 232.  By June 30, 2026, the Secretary shall provide the President with an update on domestic copper markets, including refining capacity and the market for refined copper in the United States, so that the President may determine whether imposing a phased universal import duty on refined copper of 15 percent starting on January 1, 2027, and 30 percent starting on January 1, 2028, as recommended by the June 30, 2025, report, is warranted to ensure that copper imports do not continue to threaten to impair the national security.  The Secretary shall also inform the President of any circumstance that, in the Secretary’s opinion, might indicate that the duty rate provided for in this proclamation, or any actions modifying this proclamation, is no longer necessary.
    (8)  Separately, I find that copper input materials and high-quality copper scrap meet the criteria specified in section 101(b) of the DPA, 50 U.S.C. 4511(b).  Pursuant to the authority delegated to the Secretary in Executive Order 13603 of March 16, 2012 (National Defense Resources Preparedness), the Secretary shall take all appropriate action to implement the domestic sales requirements that he recommended in the June 30, 2025, report.
    (9)  The Secretary may issue regulations, rules, guidance, and procedures consistent with the purpose of this proclamation, including to address operational necessity.
    (10)  No drawback shall be available with respect to the duties imposed pursuant to this proclamation.
    (11)  CBP may take any necessary or appropriate measure to administer the tariff imposed by this proclamation.
    (12)  Any provision of previous proclamations and Executive Orders that is inconsistent with the actions taken in this proclamation is superseded to the extent of such inconsistency.  If any provision of this proclamation, or the application of any provision to any individual or circumstance, is held to be invalid, the remainder of this proclamation and the application of its provisions to any other individuals or circumstances shall not be affected.

    IN WITNESS WHEREOF, I have hereunto set my hand this thirtieth day of July, in the year of our Lord two thousand twenty-five, and of the Independence of the United States of America the two hundred and fiftieth.
     
     
     
                                   DONALD J. TRUMP

    MIL OSI USA News –

    July 31, 2025
  • MIL-OSI Security: Collin County felon sentenced to 19 years in federal prison for drug trafficking and firearms violations

    Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

    SHERMAN, Texas – A Princeton man has been sentenced to 19 years in federal prison for drug trafficking and firearms violations in the Eastern District of Texas, announced Acting U.S. Attorney Jay R. Combs.

    Larry Wayne Culverhouse, 39, pleaded guilty to possession of a firearm in furtherance of a drug trafficking crime; felon in possession of a firearm; and possession of methamphetamine with intent to distribute and was sentenced to 228 months in federal prison by U.S. District Judge Amos L. Mazzant, III, on July 30, 2025.

    According to information presented in court, on August 30, 2023, Culverhouse was found in possession of 504.3 grams of methamphetamine and a firearm.  Further investigation revealed Culver was a convicted felon and prohibited from owning or possessing firearms.

    This case is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).

    This case was investigated by the Bureau of Alcohol, Tobacco, Firearms and Explosives and prosecuted by Acting U.S. Attorney Jay R. Combs.

    ###

    MIL Security OSI –

    July 31, 2025
  • MIL-OSI Security: Columbia Falls man sentenced to prison for pointing a laser at a helicopter

    Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

    MISSOULA – A Columbia Falls man who pointed a laser-mounted firearm at a helicopter was sentenced today to eight months in prison to be followed by three years of supervised release, and a $15,000 fine, U.S. Attorney Kurt Alme said.

    Travis Kurt Myers, 57, pleaded guilty in March 2025 to one count of aiming a laser pointer at an aircraft.

    U.S. District Judge Dana L. Christensen presided.

    The government alleged in court documents that Flathead County Sheriff’s deputies received a report from a delivery driver that had a green laser pointed at his vehicle and then heard a gunshot in Columbia Falls, Montana. Another witness also reported Myers had pointed a gun at her and discharged it at the ground. As deputies were interviewing the witness, they continued to hear gunshots coming from the area. Aerial surveillance was requested.

    A helicopter equipped with thermal-capable cameras was able to locate Myers outside his residence with a firearm. Myers repeatedly pointed the firearm with a laser mounted on it at the helicopter. The pilots were able to see the laser and able to capture it on their cameras. The pilots observed the gun being fired but were unsure if he had it pointed in their direction. Law enforcement officers on the ground near Myers’ residence could hear the helicopter in flight, supporting Myers had knowledge he was aiming the laser at the helicopter.

    Law enforcement took Myers into custody without incident. They obtained a search warrant for the property and located numerous firearms and hundreds of rounds of ammo. They located an unregistered silencer and a rifle with a green laser attached.

    The U.S. Attorney’s Office prosecuted the case. The investigation was conducted by the ATF and the Flathead County Sheriff’s Office.

    XXX

    MIL Security OSI –

    July 31, 2025
  • MIL-OSI Security: Dauphin County Man Sentenced To 115 Months’ Imprisonment For Firearm Offense

    Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

    HARRISBURG – The United States Attorney’s Office for the Middle District of Pennsylvania announced that Philip Shearer, age 49, of Harrisburg, Pennsylvania, was sentenced on July 14, 2025, to 115 months’ imprisonment and three years of supervised release by United States District Judge Karoline Mehalchick for one count of possession of an unregistered firearm.

    According to Acting United States Attorney John Gurganus, Shearer previously pled guilty to possession of an unregistered firearm—specifically, a privately-manufactured short-barrel rifle.  Shearer further admitted to possessing over 1,000 rounds of ammunition, several high-capacity magazines, and other tactical gear including night vision goggles and a ghillie suit, all of which were found in Shearer’s Harrisburg home. Shearer had 14 prior criminal convictions, including five driving under the influence convictions, an indecent assault conviction, and a domestic violence conviction. Shearer also attempted to purchase a firearm twice but was denied based on his background check. He then turned to making the firearms himself.

    “The sentencing of Philip Shearer emphasizes the serious dangers posed by felons who unlawfully possess and manufacture firearms,” said Special Agent in Charge of HSI Philadelphia Edward V. Owens. “Homeland Security Investigations is dedicated to collaborating with our law enforcement partners, like ATF and the U.S. Attorney’s Office for the Middle District of Pennsylvania, to ensure that dangerous criminals with a history of violence are not allowed to possess firearms.”

    “Protecting our communities from dangerous criminals like Philip Shearer is a top ATF priority,” said Eric DeGree, Special Agent in Charge of the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) Philadelphia Field Division. “With 14 criminal convictions, including multiple driving under the influence, indecent assault, and a domestic violence conviction, the law duly prohibits him from owning the unregistered short-barrel rifle he manufactured for himself after he was prevented from buying a firearm. Working with Homeland Security Investigations and the United States Attorney’s Office, we are making our communities safer one case at a time.”

    The matter was investigated by Homeland Security Investigations, the Bureau of Alcohol, Tobacco, Firearms and Explosives.  Assistant United States Attorney Stephen Dukes prosecuted the case.

    This case is part of Operation Take Back America (https://www.justice.gov/dag/media/1393746/dl?inline), a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).

    # # #

    MIL Security OSI –

    July 31, 2025
  • MIL-OSI Security: Two Sentenced in Fentanyl Drug Trafficking Organization

    Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

    MARTINSBURG, WEST VIRGINIA – Two people have been sentenced for their roles in an Eastern Panhandle drug trafficking organization.

    The indictment, returned in January 2024 against Gary Brown, Jr. and eighty-one others, charged that the defendants caused substantial amounts of fentanyl, methamphetamine, and cocaine to be distributed in Berkeley and Jefferson Counties.

    Darien Jacob Horton, also known as “Dee Jae,”, age 25, of Shenandoah Junction, West Virginia, was sentenced to 135 months in federal prison. Horton was one of the distributors in the operation, purchasing large quantities of fentanyl capsules and other drugs for redistribution. Horton has prior convictions of attempted murder, firearms violations, and domestic battery.

    Jennifer Nicole Barthlow, age 41, of Charles Town, West Virginia, was sentenced to 27 months in federal prison. Barthlow was one of Brown’s distributors.

    Of the 82 defendants, 81 have been convicted. Including this week’s two, 74 defendants have been sentenced. Brown, Jr. was sentenced to 327 months in federal prison in May 2025.

    Assistant U.S. Attorneys Lara Omps-Botteicher and Kyle Kane prosecuted the cases on behalf of the government.

    U.S. District Judge Gina M. Groh presided.

    Investigative agencies include the Federal Bureau of Investigation (Pittsburgh Field Division and Baltimore Field Division); the Drug Enforcement Administration; the U.S. Department of Homeland Security Investigations; the United States Postal Inspection Service; the Bureau of Alcohol, Tobacco, Firearms, and Explosives; the United States Marshals Service;  the Eastern Panhandle Drug Task Force, a HIDTA-funded initiative; the West Virginia State Police; the West Virginia Air National Guard; the Jefferson County Sheriff’s Office; the Berkeley County Sheriff’s Office; Ranson Police Department; Martinsburg Police Department; Charles Town Police Department; the Berkeley County Prosecuting Attorney’s Office; Stafford County Sheriff’s Office (Virginia); Frederick County Sheriff’s Office (Maryland); Frederick County Sheriff’s Office (Virginia); Winchester Police Department; and the Clarke County Sheriff’s Office (Virginia).

    This investigation is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).

    MIL Security OSI –

    July 31, 2025
  • MIL-Evening Report: Rules for calculating climate risk in financial reporting by NZ businesses need revisiting – new research

    Source: The Conversation (Au and NZ) – By Martien Lubberink, Associate Professor of Accounting and Capital, Te Herenga Waka — Victoria University of Wellington

    Andrew MacDonald/Getty Images

    The recent International Court of Justice (ICJ) decision on climate action marked a significant step forward in formalising an idea many already accept: climate inaction is not merely a policy failure, but potentially a breach of legal duty by governments.

    The court’s opinion is not legally binding but establishes global expectations. Crucially, the court confirmed environmental protection includes a duty to regulate private businesses and organisations.

    In New Zealand, large organisations already have to list climate-related risks in their annual reports and regulatory filings under the External Reporting Board’s Climate Standards.

    But our latest research suggests the benefits of mandatory climate reporting regulation in New Zealand may not be as straightforward as they appear.

    Extreme weather, limited financial impact

    We analysed how New Zealand’s stock market responds to extreme weather events (heavy rain, windstorms, snow, temperature spikes and thunderstorms) using data curated by Earth Sciences New Zealand.

    Climate risk is widely assumed to have an impact on markets. So, we expected investors would respond to damaging weather with selloffs or price adjustments.

    Instead, we found most extreme weather events had little to no impact on the share prices of New Zealand’s 50 largest listed companies, those on the NZX50.

    Even firms directly exposed to these events – airlines, utilities, logistics companies – showed only muted reactions, if any.

    It may be that markets already price in these risks. Or that firms have managed them effectively through infrastructure investment and planning.

    What is more, the location and severity of extreme weather in New Zealand have remained relatively stable over the past three decades.

    Using a statistical analysis, we found no evidence of accelerating trends typically attributed to global warming. This technique assessed whether a particular extreme weather event can be linked to human-induced climate change.

    New Zealand’s extreme weather events tend to involve cold, rain and wind – unlike the heatwaves, wildfires and droughts that dominate international headlines.

    What this means for disclosure mandates

    If markets are already efficiently pricing in these risks – or if the risks are genuinely immaterial for the company – the benefits of mandatory disclosure may be overstated.

    Our study suggests the case for universal, mandatory disclosure of extreme weather events under the climate board’s standards may not be strong. If financial impacts are already reflected in stock prices, the current voluntary framework may suffice for many firms.

    This is not an argument against disclosure broadly. While our study did not assess other climate-related risks – such as supply chain disruption or chronic sea level rises – these may well be material for some organisations, especially unlisted or regionally exposed firms.

    But for the NZX50, where climate regulation is currently focused, the value of standardised extreme weather events disclosures seems limited.

    Global principles, local realities

    None of this contradicts the ICJ’s opinion.

    The court emphasised that states must act, not only to reduce emissions but to protect against climate-related harm. That includes harm caused by private actors, who must be subject to effective regulation.

    But the ICJ also recognises the importance of national circumstances. While bound by international obligations, each country still needs to tailor its climate policies to the actual risks it faces.

    To do otherwise risks shifting government energy and private capital towards compliance that offers little benefit to investors, the public or the climate.

    New Zealand at a crossroads

    The ICJ decision comes as New Zealand’s climate ambition appears to be softening.

    The government recently released an updated emissions pledge that barely improves on its predecessor. At the same time, it is also reviving offshore oil and gas exploration, expanding coal production and backing legislation to shield carbon-intensive firms from environmental, suitability and governance aligned lending decisions by banks.

    Such moves may be politically popular in some quarters, but they sit uneasily with both the ICJ’s vision and New Zealand’s obligations under the Paris Agreement and various trade deals.

    If New Zealand wants to avoid being seen as lagging – or worse, a bad-faith actor – it must reconcile its domestic policies with international decision-making.

    That does not mean copying regulation from other countries. But it does mean being honest about what is material, what is symbolic and what actually helps reduce emissions or build resilience.

    Regulation needs to be smart, not just visible

    The ICJ opinion should not be used to justify every climate policy proposal. Rather, it should encourage governments to develop regulation that is meaningful, proportionate and based on evidence.

    Our study offers one such piece of evidence. In terms of financial market impacts, New Zealand’s extreme weather may not justify the same disclosure obligations as those in countries where the physical risks are more severe or more clearly linked to climate change.

    This is not a reason to do less. It is a reason to do better. Policy needs to target disclosure where it matters, to focus adaptation spending where it is needed and to measure the impact of climate policies not only by their intentions, but by their outcomes.

    In short, the ICJ has spoken. Now it is up to each country to act wisely.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. Rules for calculating climate risk in financial reporting by NZ businesses need revisiting – new research – https://theconversation.com/rules-for-calculating-climate-risk-in-financial-reporting-by-nz-businesses-need-revisiting-new-research-262024

    MIL OSI Analysis – EveningReport.nz –

    July 31, 2025
  • MIL-OSI: Skyward Specialty Insurance Group Reports Second Quarter 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, July 30, 2025 (GLOBE NEWSWIRE) — Skyward Specialty Insurance Group, Inc. (Nasdaq: SKWD) (“Skyward Specialty” or the “Company”) today reported second quarter 2025 net income of $38.8 million, or $0.93 per diluted share, compared to $31.0 million, or $0.75 per diluted share, for the same 2024 period. Net income for the first half of 2025 was $80.9 million, or $1.94 per diluted share, compared to $67.8 million, or $1.65 per diluted share, for the same 2024 period.

    Adjusted operating income(1) for the second quarter of 2025 was $37.1 million, or $0.89 per diluted share, compared to $33.0 million, or $0.80 per diluted share, for the same 2024 period. Adjusted operating income(1) for the first half of 2025 was $74.5 million, or $1.78 per diluted share, compared to $63.9 million, or $1.56 per diluted share, for the same 2024 period.

    Highlights for the second quarter included:

    • Gross written premiums of $584.9 million, an increase of 17.9% compared to 2024;
    • Combined ratio of 89.4%;
    • Ex-Cat combined ratio of 88.0%;
    • Annualized return on equity of 19.1% for the six months ended June 30, 2025; and,
    • Book value per share of $22.23, an increase of 12% compared to December 31, 2024.

    (1)See “Reconciliation of Non-GAAP Financial Measures”  

    Skyward Specialty Chairman and CEO Andrew Robinson commented, “Our results for the second quarter and for the first half of the year have been outstanding and reflect the strength of our specialized underwriting and claims capabilities, and our execution excellence. In an increasingly challenging market environment, our 18% growth for the second quarter and best ever 89.4% combined ratio are again a demonstration of the power of our portfolio diversity and our ability to deploy capital to attractive markets that enable us to grow underwriting profitability while managing our volatility. As market conditions continue to evolve, we are confident that the disciplined execution of our “Rule Our Niche” strategy will enable us to continue to deliver top quartile returns to our shareholders.”

    Results of Operations

    Underwriting Results

    Premiums                                  
    ($ in thousands) Three months ended June 30,
      Six months ended June 30,
    unaudited 2025   2024   %
    Change
      2025   2024   %
    Change
    Gross written premiums $      584,914     $ 496,243     17.9 %   $   1,120,240     $ 954,863     17.3 %
    Ceded written premiums $   (245,701 )   $ (199,114 )   23.4 %   $   (437,756 )   $ (370,634 )   18.1 %
    Net retention 58.0 %   59.9 %   NM (1)   60.9 %   61.2 %   NM (1)
    Net written premiums $      339,213     $ 297,129     14.2 %   $      682,484     $ 584,229     16.8 %
    Net earned premiums $      295,542     $ 257,583     14.7 %   $      595,908     $ 493,925     20.6 %
    (1) Not meaningful                                  
                                       
                                       

    The increases in gross written premiums for the second quarter and first half of 2025, when compared to the same 2024 periods, were driven by double-digit premium growth from the agriculture and credit (re)insurance, specialty programs, accident & health and captives divisions. The increases in gross written premiums were partially offset by decreases in the global property and construction & energy solutions divisions.

    Combined Ratio Three months ended June 30,
      Six months ended June 30,
    (unaudited) 2025   2024   2025   2024
    Non-cat loss and LAE 59.9 %   60.6 %   60.1 %   60.6 %
    Cat loss and LAE(1) 1.4 %   1.2 %   1.8 %   0.8 %
    Prior accident year development – LPT 0.0 %   (0.1 )%   0.0 %   (0.1 )%
    Loss Ratio 61.3 %   61.7 %   61.9 %   61.3 %
    Net policy acquisition costs 15.1 %   14.0 %   15.0 %   13.7 %
    Other operating and general expenses 13.9 %   15.8 %   13.9 %   15.9 %
    Commission and fee income (0.9 )%   (0.8 )%   (0.8 )%   (0.8 )%
    Expense ratio 28.1 %   29.0 %   28.1 %   28.8 %
    Combined ratio 89.4 %   90.7 %   90.0 %   90.1 %
    Ex-Cat Combined Ratio(2) 88.0 %   89.5 %   88.2 %   89.3 %
                           
    (1) Current accident year
    (2) Defined as the combined ratio excluding cat loss and LAE(1)
                           
                           

    The loss ratio for the second quarter improved 0.4 points and it increased 0.6 points for the first half of 2025, when compared to the same 2024 periods, respectively. Catastrophe losses in the second quarter increased marginally when compared to the same 2024 period, driven by convective storms in the South and Midwest. The first half of 2025 was also impacted by convective storms in the Midwest and the California wildfires.

    The non-cat loss and LAE ratios for the second quarter and first half of 2025 improved 0.7 points and 0.5 points, respectively, when compared to the same 2024 periods, primarily driven by the business mix shift.

    The expense ratios for the second quarter and first half of 2025 improved 0.9 points and 0.7 points, respectively, when compared to the same 2024 periods due to earnings leverage partially offset by higher acquisition costs due to the business mix shift.

    The expense ratios for all periods presented exclude the impact of IPO related stock compensation and secondary offering expenses, which are reported in other expenses in our condensed consolidated statements of operations and comprehensive income.

    Investment Results

    Net Investment Income                      
    $ in thousands Three months ended June 30,
      Six months ended June 30,
    (unaudited) 2025   2024   2025   2024
    Short-term investments & cash and cash equivalents $               4,574     $ 4,021     $              8,615     $ 9,108  
    Fixed income               17,822     13,786                   34,552     26,264  
    Equities                    531     751                     1,188     1,378  
    Alternative & strategic investments               (4,338 )   3,476                 (6,428 )   3,581  
    Net investment income $            18,589     $ 22,034     $            37,927     $ 40,331  
    Net unrealized (losses) gains on securities still held $           (3,181 )   $ (1,760 )   $               2,310     $ 7,231  
    Net realized gains (losses)                 6,386     (39 )                   7,729     (649 )
    Net investment gains (losses) $               3,205     $ (1,721 )   $            10,039     $ 6,582  
                           
                           

    Net investment income for the second quarter and first half of 2025 decreased $3.4 million and $2.4 million, respectively when compared to the same 2024 periods. The decreases were primarily driven by losses from our alternative & strategic investments portfolio due to the decline in the fair value of limited partnership investments. Partially offsetting the decreases were increases in income from our fixed income portfolio due to a higher yield and larger asset base.

    Stockholders’ Equity

    Stockholders’ equity was $899.9 million at June 30, 2025 which represented an increase of 5.8% when compared to stockholders’ equity of $850.7 million at March 31, 2025. The increase in stockholders’ equity was primarily due to an increase in the market value of our investment portfolio and net income.

    Conference Call

    At 12:00 p.m. eastern time tomorrow, July 31, 2025, Skyward Specialty management will hold a conference call to discuss quarterly results with insurance industry analysts. Interested parties may listen to the discussion at investors.skywardinsurance.com under Events & Presentations. Additionally, investors can access the earnings call via conference call by registering via the conference link. Users will receive dial-in information and a unique PIN to join the call upon registering.

    Non-GAAP Financial Measures

    This release contains certain financial measures and ratios that are not required by, or presented in accordance with, generally accepted accounting principles in the United States (“GAAP”). We refer to these measures as “non-GAAP financial measures.” We use these non-GAAP financial measures when planning, monitoring, and evaluating our performance.

    We consider these non-GAAP financial measures to be useful metrics for our management and investors to facilitate operating performance comparisons from period to period. While we believe that these non-GAAP financial measures are useful in evaluating our business, this information should be considered supplemental in nature and is not meant to be a substitute for revenue or net income, in each case as recognized in accordance with GAAP. In addition, other companies, including companies in our industry, may calculate such measures differently, which reduces their usefulness as comparative measures. For more information regarding these non-GAAP financial measures and a reconciliation of such measures to comparable GAAP financial measures, see the section entitled “Reconciliation of Non-GAAP Financial Measures.”

    About Skyward Specialty Insurance Group, Inc.

    Skyward Specialty is a rapidly growing and innovative specialty insurance company, delivering commercial property and casualty products and solutions on a non-admitted and admitted basis. The Company operates through nine underwriting divisions – Accident & Health, Agriculture and Credit (Re)insurance, Captives, Construction & Energy Solutions, Global Property, Professional Lines, Specialty Programs, Surety and Transactional E&S. SKWD stock is traded on the Nasdaq Global Select Market, which represents the top fourth of all Nasdaq listed companies.

    Skyward Specialty’s subsidiary insurance companies consist of Great Midwest Insurance Company, Houston Specialty Insurance Company, Imperium Insurance Company, and Oklahoma Specialty Insurance Company. These insurance companies are rated A (Excellent) with stable outlook by A.M. Best Company. Additional information about Skyward Specialty can be found on our website at www.skywardinsurance.com.

    Forward-Looking Statements

    Except for historical information, all other information in this news release consists of forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements are typically, but not always, identified through use of the words “believe,” “expect,” “enable,” “may,” “will,” “could,” “intends,” “estimate,” “anticipate,” “plan,” “predict,” “probable,” “potential,” “possible,” “should,” “continue,” and other words of similar meaning. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected, anticipated or implied. The most significant of these uncertainties are described in Skyward Specialty’s Form 10-K, and include (but are not limited to) legislative changes at both the state and federal level, state and federal regulatory rule making promulgations and adjudications, class action litigation involving the insurance industry and judicial decisions affecting claims, policy coverages and the general costs of doing business, the potential loss of key members of our management team or key employees and our ability to attract and retain personnel, the impact of competition on products and pricing, inflation in the costs of the products and services insurance pays for, product development, geographic spread of risk, weather and weather-related events, other types of catastrophic events, our ability to obtain reinsurance coverage at prices and on terms that allow us to transfer risk and adequately protect our company against financial loss, and losses resulting from reinsurance counterparties failing to pay us on reinsurance claims. These forward-looking statements speak only as of the date of this release and the Company does not undertake any obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise.

    Skyward Specialty Insurance Group, Inc.

    Investor contact:
    Natalie Schoolcraft,
    nschoolcraft@skywardinsurance.com
    614-494-4988

    or

    Media contact:
    Haley Doughty
    hdoughty@skywardinsurance.com
    713-935-4944

               
    Consolidated Balance Sheets
    ($ in thousands, except share and per share amounts)
    (unaudited) June 30,
    2025
      December 31,
    2024
    Assets          
    Investments:          
    Fixed maturity securities, available-for-sale, at fair value (net of allowance for credit losses of $6,150 and $0, respectively) (amortized cost of $1,638,973 and $1,320,266, respectively) $        1,629,464     $ 1,292,218  
    Fixed maturity securities, held-to-maturity, at amortized cost (net of allowance for credit losses of $268 and $243, respectively)                35,253     39,153  
    Equity securities, at fair value                58,001     106,254  
    Mortgage loans, at fair value                10,168     26,490  
    Equity method investments                88,804     98,594  
    Other long-term investments                44,479     33,182  
    Short-term investments, at fair value              214,338     274,929  
    Total investments           2,080,507     1,870,820  
    Cash and cash equivalents              136,617     121,603  
    Restricted cash                36,547     35,922  
    Premiums receivable, net              518,441     321,641  
    Reinsurance recoverables, net              925,291     857,876  
    Ceded unearned premium              294,124     203,901  
    Deferred policy acquisition costs              140,903     113,183  
    Deferred income taxes                28,727     30,486  
    Goodwill and intangible assets, net                88,795     87,348  
    Other assets                86,440     86,698  
    Total assets $        4,336,392     $ 3,729,478  
    Liabilities and stockholders’ equity          
    Liabilities:          
    Reserves for losses and loss adjustment expenses $        1,918,753     $ 1,782,383  
    Unearned premiums              814,063     637,185  
    Deferred ceding commission                54,952     40,434  
    Reinsurance and premium payables              299,481     177,070  
    Funds held for others              127,377     102,665  
    Accounts payable and accrued liabilities              102,298     76,206  
    Notes payable              100,000     100,000  
    Subordinated debt, net of debt issuance costs                19,553     19,536  
    Total liabilities           3,436,477     2,935,479  
    Stockholders’ equity          
    Common stock, $0.01 par value, 500,000,000 shares authorized, 40,486,656 and 40,127,908 shares issued and outstanding, respectively                      405     401  
    Additional paid-in capital              724,159     718,598  
    Accumulated other comprehensive loss                (2,666 )   (22,120 )
    Retained earnings              178,017     97,120  
    Total stockholders’ equity              899,915     793,999  
    Total liabilities and stockholders’ equity $        4,336,392     $ 3,729,478  
               
               
    Condensed Consolidated Statements of Operations and Comprehensive Income
    ($ in thousands) Three months ended June 30,
      Six months ended June 30,
    (unaudited) 2025   2024   2025   2024
                           
    Revenues:                      
    Net earned premiums $          295,542     $ 257,583     $          595,908     $ 493,925  
    Commission and fee income                 2,560     2,053                     4,536     4,079  
    Net investment income               18,589     22,034                   37,927     40,331  
    Net investment gains (losses)                 3,205     (1,721 )                 10,039     6,582  
    Other income (loss)                         7     (7 )                         20     (7 )
    Total revenues             319,903     279,942                 648,430     544,910  
    Expenses:                      
    Losses and loss adjustment expenses             181,262     159,054                 368,571     302,968  
    Underwriting, acquisition and insurance expenses               85,596     76,679                 172,147     146,453  
    Interest expense                 1,876     2,449                     3,710     5,176  
    Amortization expense                    372     360                        709     748  
    Other expenses                 1,002     1,045                     2,063     2,233  
    Total expenses             270,108     239,587                 547,200     457,578  
    Income before income taxes               49,795     40,355                 101,230     87,332  
    Income tax expense               10,956     9,385                   20,333     19,578  
    Net income $            38,839     $ 30,970     $            80,897     $ 67,754  
    Comprehensive income:                      
    Net income $            38,839     $ 30,970     $            80,897     $ 67,754  
    Other comprehensive income:                      
    Unrealized gains and losses on investments:                      
    Net change in unrealized gains (losses) on investments, net of tax               11,005     (1,451 )                 23,260     (6,869 )
    Reclassification adjustment for losses on securities no longer held, net of tax               (3,624 )   (406 )                 (3,806 )   (1,314 )
    Total other comprehensive income (loss)                 7,381     (1,857 )                 19,454     (8,183 )
    Comprehensive income $            46,220     $ 29,113     $          100,351     $ 59,571  
                           
                           
    Share and Per Share Data                      
    ($ in thousands, except share and per share amounts) Three months ended June 30,
      Six months ended June 30,
    (unaudited) 2025   2024   2025   2024
                           
    Weighted average basic shares 40,445,391     39,177,457     40,322,051     39,142,825  
    Weighted average diluted shares 41,871,496     41,168,082     41,771,215     41,110,384  
                           
    Basic earnings per share $            0.96          $ 0.79     $            2.01          $ 1.73  
    Diluted earnings per share $            0.93          $ 0.75     $            1.94          $ 1.65  
    Basic adjusted operating earnings per share $            0.92          $ 0.84     $            1.85          $ 1.64  
    Diluted adjusted operating earnings per share $            0.89          $ 0.80     $            1.78          $ 1.56  
                           
    Annualized ROE (1) 17.7 %   17.5 %   19.1 %   19.6 %
    Annualized adjusted ROE (2) 17.0 %   18.7 %   17.6 %   18.5 %
    Annualized ROTE (3) 19.7 %   20.0 %   21.3 %   22.4 %
    Annualized adjusted ROTE (4) 18.9 %   21.3 %   19.6 %   21.2 %
                           
                  June 30   December 31
                  2025   2024
                           
    Shares outstanding             40,486,656     40,127,908  
    Fully diluted shares outstanding             42,339,395     42,059,182  
                           
    Book value per share             $               22.23     $ 19.79  
    Fully diluted book value per share             $               21.25     $ 18.88  
    Fully diluted tangible book value per share             $               19.16     $ 16.80  
                           
    (1)  Annualized ROE is net income expressed on an annualized basis as a percentage of average beginning and ending stockholders’ equity during the period
    (2) Annualized adjusted ROE is adjusted operating income expressed on an annualized basis as a percentage of average beginning and ending stockholders’ equity during the period
    (3) Annualized ROTE is net income expressed on an annualized basis as a percentage of average beginning and ending tangible stockholders’ equity during the period
    (4) Annualized adjusted ROTE is adjusted operating income expressed on an annualized basis as a percentage of average beginning and ending tangible stockholders’ equity during the period
                           

    Skyward Specialty Insurance Group, Inc.
    Reconciliation of Non-GAAP Financial Measures

    Adjusted operating income – We define adjusted operating income as net income excluding the impact of certain items that may not be indicative of underlying business trends, operating results, or future outlook, net of tax impact. We use adjusted operating income as an internal performance measure in the management of our operations because we believe it gives our management and other users of our financial information useful insight into our results of operations and our underlying business performance. Adjusted operating income should not be viewed as a substitute for net income calculated in accordance with GAAP, and other companies may define adjusted operating income differently.

    ($ in thousands) Three months ended June 30,
      Six months ended June 30,
    (unaudited) 2025
      2024   2025
      2024
      Pre-tax   After-tax   Pre-tax   After-tax   Pre-tax   After-tax   Pre-tax   After-tax
    Income as reported $   49,795     $   38,839     $ 40,355     $ 30,970     $ 101,230     $   80,897     $ 87,332     $ 67,754  
    Less (add):                                              
    Net investment gains (losses)        3,205            2,500     (1,721 )   (1,360 )        10,039            8,023     6,582     5,200  
    Net impact of loss portfolio transfer              —                  —     241     190                  —                  —     482     381  
    Other income (loss) 7     5     (7 )   (6 )   20     16     (7 )   (6 )
    Other expenses      (1,002 )           (782 )   (1,045 )   (826 )        (2,063 )        (1,649 )   (2,233 )   (1,764 )
    Adjusted operating income $   47,585     $   37,116     $ 42,887     $ 32,972     $   93,234     $   74,507     $ 82,508     $ 63,943  
                                                   
                                                   

    Underwriting income – We define underwriting income as net income before income taxes excluding net investment income, net realized and unrealized gains and losses on investments, impairment charges, interest expense, amortization expense and other income and expenses. Underwriting income represents the pre-tax profitability of our underwriting operations and allows us to evaluate our underwriting performance without regard to investment income. We use this metric as we believe it gives our management and other users of our financial information useful insight into our underlying business performance. Underwriting income should not be viewed as a substitute for pre-tax income calculated in accordance with GAAP, and other companies may define underwriting income differently.

    ($ in thousands) Three months ended June 30,
      Six months ended June 30,
    (unaudited) 2025   2024   2025   2024
    Income before income taxes $            49,795     $ 40,355     $          101,230     $ 87,332  
    Add:                      
    Interest expense                 1,876     2,449                     3,710     5,176  
    Amortization expense                    372     360                         709     748  
    Other expenses                 1,002     1,045                     2,063     2,233  
    Less (Add):                      
    Net investment income               18,589     22,034                   37,927     40,331  
    Net investment gains (losses)                 3,205     (1,721 )                 10,039     6,582  
    Other income (loss)                         7     (7 )                         20     (7 )
    Underwriting income $            31,244     $ 23,903     $             59,726     $ 48,583  
                           
                           

    Tangible Stockholders’ Equity – We define tangible stockholders’ equity as stockholders’ equity less goodwill and intangible assets. Our definition of tangible stockholders’ equity may not be comparable to that of other companies and should not be viewed as a substitute for stockholders’ equity calculated in accordance with GAAP. We use tangible stockholders’ equity internally to evaluate the strength of our balance sheet and to compare returns relative to this measure.

    ($ in thousands) June 30,   December 31,
    (unaudited) 2025   2024   2024
    Stockholders’ equity $ 899,915     $ 723,620     $ 793,999  
    Less: Goodwill and intangible assets 88,795     87,868       87,348  
    Tangible stockholders’ equity $ 811,120     $ 635,752     $ 706,651  
                   
                   
    Skyward Specialty Insurance Group, Inc.
    Gross Written Premiums by Underwriting Division (Unaudited)
                                           
      Three months ended June 30,
      Six months ended June 30,
    ($ in thousands) 2025
      2024   %
    Change
      2025
      2024   %
    Change
    Accident & Health $       60,489     $ 44,088       37.2 %   $    123,658     $ 84,989       45.5 %
    Agriculture and Credit (Re)insurance         71,573     36,592       95.6 %         159,420     79,913       99.5 %
    Captives         76,961     62,099       23.9 %         145,362     130,507       11.4 %
    Construction & Energy Solutions         73,613     78,214       (5.9 )%         149,184     152,436       (2.1 )%
    Global Property         83,992     88,231       (4.8 )%         130,678     145,543       (10.2 )%
    Professional Lines         38,147     38,106       0.1 %           79,313     80,345       (1.3 )%
    Specialty Programs         85,955     59,644       44.1 %         148,630     111,822       32.9 %
    Surety         40,737     37,642       8.2 %           78,535     71,484       9.9 %
    Transactional E&S         53,461     51,609       3.6 %         105,467     97,841       7.8 %
    Total gross written premiums(1) $    584,928     $ 496,225       17.9 %   $ 1,120,247     $ 954,880       17.3 %
    (1) Excludes exited business                                      
                                           
      Twelve months ended June 30,
    ($ in thousands) 2025
      % of Total
    Accident & Health $ 211,742       11.1 %
    Agriculture and Credit (Re)insurance 197,578       10.4 %
    Captives 256,757       13.5 %
    Construction & Energy Solutions 293,329       15.4 %
    Global Property 186,930       9.8 %
    Professional Lines 158,753       8.3 %
    Specialty Programs 255,215       13.4 %
    Surety 151,016       7.9 %
    Transactional E&S 197,296       10.3 %
    Total gross written premiums(1) $ 1,908,616       100.0 %
    (1) Excludes exited business            
                 

    The MIL Network –

    July 31, 2025
  • MIL-OSI United Nations: Haitians in ‘despair’ following abrupt suspension of US humanitarian support

    Source: United Nations 2

    The cancellation of most US funding in January means many services to the most vulnerable people have been cut or put on hold.

    Multiple political, security and socio-economic crises have led to 5.7 million people suffering from a lack of food and have forced 1.3 million people to flee their homes.

    With a dramatic reduction in funding Haiti faces a crucial “turning point.”

    UN News spoke to OCHA’s country director, Modibo Traore, about the current situation.

    UN News: What is the current state of humanitarian funding in Haiti?

    Humanitarian funding in Haiti is going through a critical phase, marked by a growing gap between the needs and available resources. As of 1 July, only around 8 per cent of the $908 million required had been mobilized.

    This partial coverage only allows a fraction of the 3.6 million people targeted to be reached.

    © UNICEF/Maxime Le Lijour

    UN aid agencies continue to support Haitian people with humanitarian aid.

    The sectors most affected are food security, access to drinking water, primary healthcare, education and protection.

    This contraction in international support is part of a global context of multiple competing crises – Ukraine, Gaza, Sudan – but also reflects a loss of political interest in the Haitian issue.

    UN News: What conditions in Haiti have led to such significant funding needs?

    The growing humanitarian needs observed in Haiti are the result of an accumulation of structural and cyclical factors. On the socioeconomic front, multidimensional poverty affects a large part of the population.

    Haiti’s exposure to natural hazards is an aggravating factor.

    The country has experienced several major hurricanes that struck the southern region less than a week after an earthquake that severely affected the area, not to mention repeated droughts that have had a major impact on agriculture and livestock farming.

    © UNOCHA/Giles Clarke

    The downtown area of Port-au-Prince remains extremely dangerous due to gang activity.

    Since 2019, a new dimension has emerged; chronic insecurity caused by the proliferation of armed groups, particularly in the capital, Port-au-Prince, and now in the Centre and Artibonite departments.

    In 2024, the multidimensional crisis that has been shaking Haiti for years has become catastrophic.

    The level of violence and insecurity remains high, with devastating consequences for the population, including massive displacement of people who were already in vulnerable situations.

    UN News: How has the growing control of armed groups affected donor confidence?

    The rise of armed groups in Haiti and their increasing control of strategic locations, particularly major roads and ports of entry to the capital, is a major obstacle to the safe and efficient delivery of humanitarian aid.

    This dynamic has an impact on the risk perception of international donors, who now assess Haiti as a high-threat environment for intervention. Access to beneficiaries has become irregular in many areas.

    The deterioration of the security situation represents a major challenge for mobilizing and maintaining financial commitments.

    Donors have expressed concerns about operational risks, particularly regarding securing supply chains, preventing exploitation and ensuring accountability.

    The operational cost of aid has also increased.

    UN News: What is the impact of the new approach taken by the US administration?

    On 20 January, 2025, President Donald Trump signed Executive Order 14169, which imposed an immediate suspension of all new foreign funding by US federal agencies, including humanitarian programs run by USAID and multilateral partners.

    In the case of Haiti, the effects were felt through the sudden halt of approximately 80 per cent of US-funded programmes. NGO partner staff were laid off, payments were suspended, and supply chains were disrupted.

    © WFP/Theresa Piorr

    US food aid is prepared for delivery following floods in Haiti in 2022.

    Beyond the structural effects, this suspension created profound uncertainty in the Haitian humanitarian system. This situation not only weakened the continuity of essential services but also affected trust between beneficiary communities and humanitarian actors.

    UN News: To what extent is the current situation unprecedented?

    The year 2025 marks a turning point in humanitarian aid in Haiti. This crisis is not the result of a single or isolated event, but rather a series of deteriorating situations in the context of gradually waning international attention.

    The interruption of US programmes has acted as a catalyst for the crisis. USAID’s technical partners, many of whom managed community health programmes in vulnerable neighbourhoods, have ceased operations, depriving hundreds of thousands of people of vital services.

    US-co-funded health centres have closed, leaving pregnant women and children without assistance.

    The current crisis demonstrates the country’s growing isolation.

    While previous crises had prompted rapid international solidarity, the humanitarian response to the situation in 2025 has been slow and partial.

    UN News: What difficult decisions have had to be made regarding cutting aid?

    The interruption of funding has forced humanitarian organizations to make ethically complex and often painful trade-offs.

    In the area of protection, for example, safe spaces for women and girls have been drastically reduced.

    © MINUSTAH/Logan Abassi

    The long-term development of Haiti is at risk as funding decreases.

    Cash transfer programmes, widely used in urban areas since 2021, have also been suspended. These programmes enabled vulnerable households to maintain a minimum level of food security. Their suspension has led to a resurgence of coping mechanisms such as child labour, less food and children being taken out of school.

    Resilience-building activities have also been affected. Programmes combining food security, urban agriculture, and access to water—often co-financed by USAID and UN funds—have been frozen.

    This compromises not only the immediate response but also the development of medium-term solutions.

    UN News: How are Haitians being affected?

    Children are among the hardest hit. UNICEF and its partners have treated more than 4,600 children suffering from severe acute malnutrition, representing only 3.6 per cent of the 129,000 children expected to need treatment this year.

    The proportion of institutional maternal deaths has also increased from 250 to 350 per 100,000 live births between February 2022 and April 2025.

    © PAHO/WHO/David Lorens Mentor

    A survivor of rape rests at a site for internally displaced people in Port-au-Prince.

    In terms of security, the effects are equally worrying. Gender-based sexual violence (GBV) has increased in neighbourhoods controlled by armed groups.

    In short, the withdrawal of US funding has led to a multidimensional regression in the rights of women and girls in Haiti, with consequences that are likely to last for several years.

    UN News: How have people in Haiti reacted?

    Beneficiaries expressed a sense of despair at the sudden suspension of the services.

    In working-class neighbourhoods of Port-au-Prince as well as in remote rural areas, the cessation of food distributions, community healthcare, and cash transfers was experienced as a breach of the moral contract between communities and humanitarian institutions.

    Humanitarian partners communicate transparently about the reduction of support, so communities are, to some extent, aware of the financial constraints.

    MIL OSI United Nations News –

    July 31, 2025
  • MIL-OSI United Nations: Gaza children starving despite Israeli ‘tactical pauses’, UN says

    Source: United Nations 2

    Speaking at the regular news briefing in New York, UN Deputy Spokesperson Farhan Haq said that even four days into the announced pauses, “we are still seeing casualties among those seeking aid and more deaths due to hunger and malnutrition.”

    He added that parents are “struggling to save their starving children” and warned that the current conditions for aid delivery are “far from sufficient.”

    The UN Office for the Coordination of Humanitarian Affairs (OCHA) said that while it is using every available window to deliver supplies during the unilateral pauses, the scale of need vastly outpaces what is getting through.

    “A permanent ceasefire is needed more than ever,” Mr. Haq said, emphasising that “unilateral tactical pauses alone do not allow for the continuous flow of supplies required to meet immense needs levels in Gaza.”

    Access a major hurdle

    Access remains one of the biggest hurdles.

    Entry through the Kerem Shalom/Karem Abu Salem crossing requires multiple layers of approval from Israeli authorities – including safe passage, cessation of bombardment, and the literal opening of locked gates.

    “Yesterday, three facilitated missions allowed our staff to collect cargo containing food from the Kerem Shalom and Zikim crossings and allowed for fuel to be transferred within Gaza,” Mr. Haq said.

    “However, the others faced impediments, particularly delays in receiving the green light to move by the Israeli authorities, and one had to be cancelled.”

    Extreme hunger haunts children

    The situation was echoed by Ricardo Pires, UNICEF’s Communication Manager, who returned from Gaza this week.

    “It’s absolutely apocalyptic,” he told UN News. “Children are being injured and killed while trying to get food and aid, while suffering from malnutrition and hunger.”

    Mr. Pires said that two out of the three criteria for a famine declaration have been met, according to the latest alert by food security experts.

    UNICEF and other agencies are also grappling with the collapse of basic infrastructure.

    Perfect storm of suffering for children

    “We’re at the brink of a man-made drought,” Mr. Pires said, with only 40 per cent of water production functioning and children turning to contaminated sources, risking deadly disease.

    “Children are dehydrated, they are reverting to contaminated water, which will make them sick, with deadly diseases or diarrhoea outbreaks and in some cases, even meningitis,” he added.”

    “It is a complete perfect storm of suffering for children.”

    UN News interview with UNICEF Communication Manager Ricardo Pires.

    MIL OSI United Nations News –

    July 31, 2025
  • MIL-OSI USA: Casten, 92 House Democrats Demand Oversight Into Humanitarian Efforts in Gaza Amid Starvation Crisis

    Source: United States House of Representatives – Representative Sean Casten (IL-06)

    July 30, 2025

    Washington, D.C. — U.S. Congressman Sean Casten (IL-06) led 92 House Democrats in a letter to Secretary of State Marco Rubio demanding an investigation into the ownership structure and operation of the Gaza Humanitarian Foundation (GHF), a private, unqualified U.S.-linked aid organization at the center of the worsening starvation and humanitarian crisis in Gaza.

    A copy of the letter can be found here.

    GHF is a U.S.-linked aid organization with no prior experience in humanitarian aid and operates under opaque funding arrangements. GHF received a $30 million grant from the State Department, despite significant internal objections from USAID officials that the group’s funding plan failed to meet the “minimum technical or budgetary standards.” In their letter, the lawmakers criticize the organization’s lack of qualifications, noting that neither of the private firms contracted by GHF to manage distribution sites in Gaza has prior experience in humanitarian work, nor does GHF Executive Chairman Johnnie Moore, who is a close ally of President Donald Trump.

    “We have serious concerns with the operations of GHF, a newly established, private, U.S.-linked organization with no prior humanitarian experience, and the possibility that it could become the sole or primary aid provider in Gaza,” the lawmakers wrote. “…Providing secure and efficient humanitarian assistance to Palestinians is not only a moral obligation—it is also vital to Israel’s long-term security and the safe return of Israeli hostages. Enhancing aid operations is essential to stabilizing the region and achieving lasting peace.”

    In July 2025, the Integrated Food Security Phase Classification, a panel developed by the United Nations’ Food and Agriculture Organization, issued a report warning that “the worst-case scenario of Famine is currently playing out in the Gaza Strip.” Netanyahu’s blockade and GHF’s dangerously mismanaged aid sites are directly contributing to the starvation crisis.

    The lawmakers also expressed concern regarding disturbing violence at GHF distribution sites, where flawed distribution methods have caused mass panic and mass casualties.

    GHF operates only four aid distribution sites in Gaza using a reckless first-come, first-served model that has resulted in deadly chaos. At least 1,000 Palestinians have reportedly been killed while attempting to access aid near GHF sites, with reports describing Israeli soldiers and U.S. contractors opening fire on desperate civilians. One former contractor said he was instructed to “shoot to kill and ask questions later.”

    “Instead of using traditional aid distribution methods, based on internationally agreed-upon humanitarian principles, GHF provides food on a first-come, first-served basis,” the lawmakers continued. “As a result, when centers open, large crowds of Palestinians rush to the centers. In these situations, there appear to be few restrictions on the use of lethal force by Israeli soldiers and American contractors in the vicinity.”

    In addition to Rep. Casten, the letter was signed by Amo, Gabe; Ansari, Yassamin; Balint, Becca; Barragán, Nanette; Bera, Ami; Bonamici, Suzanne; Brownley, Julia; Brown, Shontel; Carbajal, Salud; Carson, André; Carter, Troy; Castro, Joaquin; Chu, Judy; Cleaver, Emanuel; Cohen, Steve; Courtney, Joe; Craig, Angie; Crow, Jason; Davis, Danny; Dean, Madeleine; DeGette, Diana; DeLauro, Rosa; Deluzio, Christopher; DeSaulnier, Mark; Dexter, Maxine; Dingell, Debbie; Doggett, Lloyd; Escobar, Veronica; Fields, Cleo; Foster, Bill; Foushee, Valerie; Frost, Maxwell; Garcia, Robert; Garcia, Sylvia; Green, Al; Harder, Josh; Hayes, Jahana; Houlahan, Chrissy; Hoyle, Val; Huffman, Jared; Jackson, Jonathan; Jacobs, Sara; Johnson, Henry; Kaptur, Marcy; Keating, William; Kelly, Robin; Khanna, Ro; Larsen, Rick; Larson, John; Leger Fernandez, Teresa; Lofgren, Zoe; Lynch, Stephen; Magaziner, Seth; Matsui, Doris; McBride, Sarah; McClellan, Jennifer; McCollum, Betty; McGovern, James; Moore, Gwen; Mullin, Kevin; Nadler, Jerrold; Norton, Eleanor; Ocasio-Cortez, Alexandria; Panetta, Jimmy; Pappas, Chris; Pelosi, Nancy; Pettersen, Brittany; Pingree, Chellie; Pocan, Mark; Pressley, Ayanna; Quigley, Mike; Randall, Emily; Ruiz, Raul; Salinas, Andrea; Schakowsky, Janice; Schrier, Kim; Scott, Robert; Smith, Adam; Sorensen, Eric; Stansbury, Melanie; Swalwell, Eric; Takano, Mark; Thompson, Bennie; Thompson, Mike; Tokuda, Jill; Tonko, Paul; Trahan, Lori; Underwood, Lauren; Vasquez, Gabe; Velázquez, Nydia; Watson Coleman, Bonnie; and Williams, Nikema.

    A copy of the letter can be found here. Text of the letter can be found below.

    Dear Secretary Rubio:

    As supporters of a strong U.S.-Israel relationship and advocates for humanitarian assistance to the people of Gaza, we write to seek clarity on the ownership structure and operation of the Gaza Humanitarian Foundation (GHF).

    More than two million people in Gaza currently face “critical levels” of hunger. We welcome efforts to facilitate the entry of humanitarian aid and share the objective of ensuring that Hamas does not divert such aid. However, we have serious concerns with the operations of GHF, a newly established, private, U.S.-linked organization with no prior humanitarian experience, and the possibility that it could become the sole or primary aid provider in Gaza. We agree that delivering aid promptly and securely is crucial. However, GHF’s practices and finances require increased transparency and oversight to ensure aid reaches the intended beneficiaries effectively, safely, and in accordance with international standards.

    On June 24, 2025, the Department of State (DOS) approved a $30 million grant for GHF. Jeremy Lewin, a current DOS official and former Department of Government Efficiency (DOGE) employee, reportedly moved forward with the grant’s approval despite 58 internal objections that U.S. Agency for International Development (USAID) staff experts wanted GHF to resolve before approving funding, and an assessment in a memorandum from an acting USAID official that GHF’s funding plan failed to meet required “minimum technical or budgetary standards.” As lawmakers entrusted with the authority to appropriate taxpayer funds, which were undoubtedly used for GHF’s grant, we find this troubling.

    Moreover, GHF has not published a complete list of its sponsors. Registered in Delaware in February 2025, GHF also established an office in Geneva, Switzerland (which the Swiss government has since announced is to be dissolved) with the explicit intent of accommodating donors that “prefer to participate outside of the U.S. structure.” The foundation has publicly stated that it has received at least $119 million from “other government donors.” Furthermore, despite its public denial, the Israeli government has reportedly covertly contributed approximately $280 million USD to the new aid mechanism run by GHF. Full disclosure of GHF’s funding sources is imperative.

    GHF runs four aid distribution sites in Gaza. It contracts two American private firms, Safe Reach Solutions (SRS) and UG Solutions (UGS), to provide security and logistics, with some pricing models reportedly provided by Boston Consulting Group consultants, who reportedly regularly met with Israeli officials in connection with the consultants’ role in helping develop ideas for GHF’s operations. None of the groups have prior humanitarian experience, nor does GHFExecutive Chairman Johnnie Moore, a close ally of President Trump. As a result, these distribution centers appear to operate at a reduced capacity at an exorbitant cost, significantly exceeding the current operating costs of experienced humanitarian organizations.

    We are further alarmed at the widespread violence at GHF distribution centers. As of July 23, 2025, there have reportedly been at least 1,000 people killed while trying to access critical aid near GHF sites. Instead of using traditional aid distribution methods, based on internationally agreed-upon humanitarian principles, GHF provides food on a first-come, first-served basis. As a result, when centers open, large crowds of Palestinians rush to the centers. In these situations, there appear to be few restrictions on the use of lethal force by Israeli soldiers and American contractors in the vicinity. A former security contractor stated that he was instructed, “if you feel threatened, shoot – shoot to kill and ask questions later.” GHF centers offer desperately needed lifelines to those who receive aid without experiencing violence. However, the risk of violence, long wait times, and limited aid availability appear to force hundreds of thousands to choose between risking their lives or going without food.

    The operations of the GHF sites are widely criticized by experienced humanitarian organizations as being inefficient and dangerous, and violating internationally agreed-upon humanitarian principles. Notably, GHF’s inaugural Executive Director and former Marine, Jake Wood, resigned from the organization, citing that the organization no longer aligned with “humanitarian principles.”

    Providing secure and efficient humanitarian assistance to Palestinians is not only a moral obligation—it is also vital to Israel’s long-term security and the safe return of Israeli hostages. Enhancing aid operations is essential to stabilizing the region and achieving lasting peace. To address our concerns, we respectfully request responses to the following questions no later than August 14th, 2025:

    1. From which congressionally appropriated account does DOS’s $30 million grant for the GHF originate?

    2. What specific oversight mechanisms are in place to ensure that the GHF operates in accordance with U.S. and international humanitarian law and humanitarian principles of neutrality and impartiality?

    3. The DOS reportedly stated that GHF is subject to “rigorous oversight, including of GHF’s operations and finances.”

      1. What is DOS’s role in monitoring the daily operations and financial practices of GHF, and what is the reporting mechanism?

      2. Are the GHF and the private security contractors that it partners with to distribute assistance in compliance with U.S. standards (legal, regulatory, technical, budgetary, or otherwise) for humanitarian organizations?

    4. The $30 million grant to GHF was approved despite 58 internal objections that USAID staff experts wanted GHF to resolve before approving funding, and an assessment in a memorandum from an acting USAID official that GHF’s funding plan failed to meet required ‘minimum technical or budgetary standards.’ What were the details of their objections or concerns, and why were they overridden?

    5. What makes GHF more qualified than other humanitarian organizations with years of experience and the operational expertise needed to handle such a complex situation?

      1. What makes the newly appointed Executive Chairman, Rev. Johnnie Moore Jr., a man with no prior humanitarian experience, but a close relationship with President Trump, the right person to lead GHF?

    6. What steps is the U.S. government taking to address concerns about militarization at GHF’s aid sites, particularly regarding the involvement of U.S. private contractors and Israeli security forces?

    7. Is there a formal agreement or memo of understanding between the U.S. and GHF that outlines the foundation’s operational guidelines, transparency, and accountability measures? If so, please provide a copy or summary of these terms.

    8. Was the DOS involved in the decision-making processes that led to the establishment of only four aid distribution centers in Gaza to date? If so, please provide details of that communication.

    9. GHF refuses to publish its sources of funding, including the $119 million it received from “other government donors.” What is the complete and most current list of GHF’s donors?

    10. What are the details of the contracts between GHF, its contractors, Safe Reach Solutions (SRS), UGSolutions (UGS), and its aid providers?

      1. What does GHF pay per diem for security and logistics to SRS and UGS?

      2. Where does GHF source its aid packages from? How much does it pay for them?

    11. Has the U.S. conducted any oversight or reviews of GHF’s operations in light of recent criticisms related to overcrowding, militarization, and security concerns? If so, what were the findings?

    12. The Trump Administration is reportedly considering an additional $500 million grant to GHF using USAID funds. According to U.S. law, all NGO recipients of USAID grants are subject to a responsibility determination that certifies the NGO’s “necessary management competence…and that the applicant will practice mutually agreed upon methods of accountability for funds and other assets provided by USAID.”

      1. Will this funding be approved?

      2.  If so, what account will this funding come from?

    13. What steps will be taken to conduct the required “responsibility determination” certifying GHF’s competence and accountability?

    14. What specific benefits has GHF’s aid distribution model or operations provided for U.S. and Israeli interests that the U.S. government assesses may justify some of the apparent drawbacks of the GHF model and operations?

    15. Looking ahead, what information can the Administration share about the likely roles and potential roles of GHF and other humanitarian assistance providers in Gaza, respectively, under various scenarios (ceasefire, intensified conflict, post-conflict transition)? 

      1. What are the sources of this information?

      2. What factors will the Administration use to determine whether and how to provide U.S. support to GHF and/or other providers, while actively monitoring their compliance with applicable legal and other standards?

    16. How, if at all, will GHF coordinate with other humanitarian organizations already working in Gaza? Will GHF work within the already established coordinating mechanisms, and if so, how does it plan to do so?

    Thank you for your attention to this critical matter.

    Sincerely,

    ###

    MIL OSI USA News –

    July 31, 2025
  • MIL-OSI USA: Prepare for Heavy Rain and Potential Flooding

    Source: US State of New York

    overnor Kathy Hochul today directed State agencies to prepare for heavy rain and the potential for localized flooding as parts of the state are forecast to be impacted by periods of heavy rain Thursday into Friday. New Yorkers across the Mid-Hudson, Long Island and New York City Regions could see locally higher totals over 3 inches of rain beginning Thursday and are cautioned to be vigilant in impacted areas. The storm also has the potential to impact the Capital Region if the storm track shifts. This is expected to be a slow-moving weather event with the most severe impacts occurring where the storm ultimately sets up. Isolated strong thunderstorms bringing locally heavy downpours, isolated damaging winds and large hail may occur Wednesday evening in parts of the Capital Region, Mohawk Valley, Southern Tier, Mid-Hudson, New York City and Long Island. Following the rain, cooler temperatures and low levels of humidity will blanket the State over the weekend.

    “As the forecast shifts from extreme heat to heavy rains, I am urging all New Yorkers to stay vigilant and use caution through the end of this week,” Governor Hochul said. “State agencies are on standby for heavy downpours and localized flooding and will be monitoring the situation in real-time to ensure the safety of all New Yorkers in the path of the storm.”

    Residents are encouraged to monitor their local forecasts, weather watches and warnings. For a complete listing of weather alerts, visit the National Weather Service website at alerts.weather.gov.

    New Yorkers should ensure that government emergency alerts are enabled on their mobile phones. They should also sign up for real-time weather and emergency alerts that will be texted to their phones by texting their county or borough name to 333111.

    Agency Preparations

    Division of Homeland Security and Emergency Services
    The Division’s Office of Emergency Management (OEM) is in contact with their local counterparts and is prepared to facilitate requests for assistance. OEM has enhanced their monitoring, the Office of Fire Prevention and Control is preparing to stage water rescue teams in Orange County and Ulster Counties in advance of the anticipated weather and will activate the State Fire Operations Center if conditions warrant.

    State stockpiles are ready to deploy emergency response assets and supplies as needed. The State Watch Center is monitoring the storm track and statewide impacts closely.

    Department of Transportation
    The State Department of Transportation is monitoring weather conditions and prepared to respond with 3,428 supervisors and operators available statewide. All field staff are available to fully engage and respond.

    Statewide equipment numbers are as follows:

    • 1,431 large dump trucks
    • 337 large loaders
    • 92 chippers
    • 86 tracked and wheeled excavators
    • 33 water pumps
    • 32 traffic and tree crew bucket trucks
    • 28 traffic tower platforms
    • 16 vacuum trucks with sewer jets

    The need for additional resources will be re-evaluated as conditions warrant throughout the event. For real-time travel information, motorists should call 511 or visit 511ny.org, New York State’s official traffic and travel information source.

    Thruway Authority
    The Thruway Authority has 669 operators and supervisors prepared to respond to any wind or flood related issues across the state with small to medium sized excavators, plow/dump trucks, large loaders, portable Variable Message Signs (VMS) boards, portable light towers, smaller generators, smaller pumps and equipment hauling trailers, as well as signage and other traffic control devices available for any detours or closures. VMS and social media are utilized to alert motorists of weather conditions on the Thruway.

    Statewide equipment numbers are as follows:

    • 337 Large and Small Dump Trucks
    • 63 Loaders
    • 31 Trailers
    • 5 Vac Trucks
    • 14 Excavators
    • 8 Brush Chippers
    • 99 Chainsaws
    • 24 Aerial Trucks
    • 22 Skid Steers
    • 86 Portable Generators
    • 65 Portable Light Units

    The Thruway Authority encourages motorists to download its mobile app which is available to download for free on iPhone and Android devices. The app provides motorists direct access to live traffic cameras, real-time traffic information and navigation assistance while on the go. Motorists can also sign up for TRANSalert e-mails which provide the latest traffic conditions along the Thruway, follow @ThruwayTraffic on X, and visit thruway.ny.gov to see an interactive map showing traffic conditions for the Thruway and other New York State roadways.

    Department of Public Service
    New York’s utilities have approximately 5,500 workers available statewide to engage in damage assessment, response, repair and restoration efforts across New York State, as necessary. The utilities will work with the local, county, and state transportation agencies to navigate closed roadways in any areas experiencing flooding. Agency staff will track utilities’ work throughout the event and ensure utilities shift appropriate staffing to regions that experience the greatest impact.

    New York State Police
    State Police instructed all Troopers to remain vigilant and will deploy extra patrols to affected areas as needed. All four-wheel drive vehicles are in service, and all watercraft and specialty vehicles are staged and ready for deployment.

    Department of Environmental Conservation
    The Department of Environmental Conservation’s (DEC) Emergency Management staff, Environmental Conservation Police Officers, Forest Rangers, and regional staff remain on alert and continue to monitor weather forecasts. Working with partner agencies, DEC is prepared to coordinate resource deployment of all available assets, including first responders, to targeted areas in preparation for potential impacts due to heavy rainfall and flooding.

    DEC will have swift water teams staged in the Hudson Valley starting tomorrow morning through Friday, August 1.

    DEC reminds local officials to watch for potential flooding in their communities. Municipalities are encouraged to undertake local assessments of flood-prone areas and to remove any accumulating debris. DEC permits and authorization are not required to remove debris unless stream banks or beds will be disturbed by debris removal and/or the use of heavy equipment. Municipalities and local governments are advised to contact DEC’s Regional Permit Administrators if assistance is required and to help determine if a permit is necessary.

    If a permit is necessary, DEC can issue Emergency Authorizations to expedite approval of projects in place of an individual permit. DEC approves Emergency Authorizations for situations that are deemed an emergency based on the immediate protection of life, health, general welfare, property, or natural resources.

    Office of Parks, Recreation and Historic Preservation
    New York State Park Police and park personnel are on alert and closely monitoring weather conditions and impacts. Park visitors should visit parks.ny.gov, check the free mobile app, or call their local park office for the latest updates regarding park hours, openings and closings.

    Metropolitan Transportation Authority

    The Metropolitan Transportation Authority is closely monitoring weather conditions to ensure safe, reliable service. MTA employees will be poised to respond to any weather-related issues. To reduce the likelihood of flooding and respond to any instances of flooding, MTA crews will inspect drains in flood-prone areas to ensure they are functional, and supervisors will monitor flood-prone locations for any reports of flooding to ensure quick response. Elevator and escalator specialists will be deployed to flood-prone locations to attend to any weather-related elevator and escalator troubles.

    Customers are encouraged to check mta.info for the latest service updates, and to use caution while navigating the system. Customers should also sign up for real-time service alerts via text or email. These alerts are also available via the MTA app and the TrainTime app.

    Port Authority of New York and New Jersey

    The Port Authority of New York and New Jersey is closely monitoring weather forecasts and is working with airport terminal operators and other airport partners in preparation. Air travelers should check with their airlines for updated information on their flights or check the Federal Aviation Administration website for any FAA programs that may affect flight operations at their departure airport before leaving for the airport and allow for additional travel time. Motorists who use the Port Authority’s six bridges and tunnels are strongly encouraged to sign up for email alerts, bus riders can use the MyTerminal app for real-time alerts on bus service at the Midtown Bus Terminal, or for PATH riders, check train service information via the PATH mobile app, RidePATH.

    Flood Safety

    • Know your area’s type of flood risk — visit FEMA’s Flood Map Service Center.
    • Have a flood emergency plan in place that includes considerations for your children, pets and neighbors.
    • If you live in a flood-prone area, document your belongings and valuables. Keep important documents in a waterproof container. Create digital, password-protected copies of important documents, pictures, and other items.
    • Obtain flood insurance coverage under the National Flood Insurance Program (NFIP). Homeowner’s policies do not cover flooding.
    • Monitor your local weather forecast and follow any warnings that may be broadcast.
    • If you are advised by emergency officials to take immediate action such as evacuation, do not wait – follow all orders promptly.
    • Traveling during a flood can be extremely dangerous. One foot of moving water can sweep a vehicle away. Never walk, swim or drive through flood waters. If you have doubts, remember: “Turn Around, Don’t Drown!”
    • Consider those with access and functional needs to determine if they are prepared for a flood emergency where they live and work.

    For more preparedness information and safety tips from DHSES, visit dhses.ny.gov/safety. The National Weather Service website also includes Flood Safety Tips and Spring Safety Resources.

    MIL OSI USA News –

    July 31, 2025
  • MIL-OSI USA: State Provides Resources to Assist in Recovery at Fremont Plant Explosion

    Source: US State of Nebraska

    .cerveny@nebraska.gov”>katrina.cerveny@nebraska.gov

    State Provides Resources to Assist in Recovery at Fremont Plant Explosion

    LINCOLN, NE – The state of Nebraska is providing resources to assist in recovery operations at the Horizon Biofuels plant in Fremont. Three people, an adult and two children, have been missing since an explosion at the plant yesterday. A fire continues to burn at the structure.  

    Fourteen members of Nebraska Task Force One (NE-TF1) have been activated, including personnel with expertise in structural issues and a canine team. The group is also transporting equipment to the location that can be utilized should it become necessary.  They will join other emergency response teams that remain on the scene, including multiple law enforcement and fire departments. Troopers with the Nebraska State Patrol continue to provide traffic control around the area. Representatives from the state Fire Marshal’s office are there as well. 

    Activation of NE-TF1 was authorized by Adjutant General Craig Strong, director of the Nebraska Emergency Management Agency (NEMA). Nebraska’s Emergency Management Act allows for the deployment of resources in response to emergencies and disasters. 

    Gov. Jim Pillen expressed his deep appreciation to the numerous agencies that have responded since yesterday.

    “This is obviously a difficult situation for the community and those first responders who are working diligently at the scene,” said Gov. Pillen. “Suzanne and I continue to extend our thoughts and prayers to the family and friends of those who were in the plant at the time of this tragic incident.”

    MIL OSI USA News –

    July 31, 2025
  • MIL-OSI: National Fuel Reports Third Quarter Fiscal 2025 Earnings and Announces Preliminary Guidance for Fiscal 2026

    Source: GlobeNewswire (MIL-OSI)

    WILLIAMSVILLE, N.Y., July 30, 2025 (GLOBE NEWSWIRE) — National Fuel Gas Company (“National Fuel” or the “Company”) (NYSE:NFG) today announced consolidated results for the third quarter of its 2025 fiscal year.

    FISCAL 2025 THIRD QUARTER SUMMARY

    • GAAP earnings per share of $1.64 compared to a net loss $0.59 per share in the prior year.
    • Adjusted earnings per share of $1.64 increased 66% compared to $0.99 per share in the prior year. See non-GAAP reconciliation on page 2.
    • Exploration and Production adjusted operating results of $0.95 per share increased 157% versus the prior year, driven by lower per unit operating costs, higher realized natural gas prices, and strong well performance in the Eastern Development Area (“EDA”), which contributed to 112 Bcf of natural gas production, up 16% versus the prior year’s third quarter.
    • The Pipeline and Storage segment achieved several development milestones for expansion projects during the quarter with the announcement of the Shippingport Lateral Project and the receipt of FERC approval for the Tioga Pathway Project, which remains on track for a late calendar 2026 in-service date.
    • The Company generated $196 million in net cash provided by operating activities less net cash used in investing activities during the third quarter.
    • The Company is revising the midpoint of its fiscal 2025 adjusted earnings per share guidance to a range of $6.80 to $6.95 per share and is initiating its fiscal 2026 preliminary earnings guidance which, based upon a NYMEX price of $4.00, is expected to increase 20% from fiscal 2025 (see Guidance Summary on page 7).

    MANAGEMENT COMMENTARY

    David P. Bauer, President and Chief Executive Officer of National Fuel Gas Company, stated: “National Fuel’s excellent third quarter reflects ongoing success across the Company. Our integrated upstream and gathering operations saw record production and throughput during the quarter and a continued improvement in capital efficiency, while our regulated Utility and Pipeline & Storage segments continue to see an uplift in earnings from recent ratemaking activities and organic investment opportunities.

    “As we look forward to fiscal 2026, we expect to see significant earnings growth versus the prior year. This highlights the momentum in each of our businesses and the overall positive long-term outlook for natural gas. Strong well results in the EDA continue to confirm the depth of our best-in-class inventory and operational excellence in Northeast Pennsylvania, and underpin our mid-single-digit production growth expectations in the coming years. In addition, we have line of sight to further growth in our regulated businesses, supporting our 5% to 7% average annual rate base growth projections. Taken together, along with the broader tailwinds from growing demand for natural gas, National Fuel is well positioned to create meaningful value for shareholders in the years to come.”

    RETURN OF CAPITAL UPDATE

    During the quarter, National Fuel announced that its Board of Directors approved a 4% increase in the Company’s dividend for an annual rate of $2.14 per share. This is our 55th consecutive year of dividend increases and the 123rd year of consecutive dividend payments, demonstrating the Company’s commitment to returning cash to shareholders.

    With respect to the Company’s share repurchase program, since March 2024, the Company repurchased approximately 2 million shares at an average weighted price of $59.70 per share. Consistent with our disciplined approach to capital allocation, which balances growth with return of capital to shareholders, during the quarter the Company paused repurchases as it evaluated various growth opportunities, preserving balance sheet flexibility.

    RECONCILIATION OF GAAP EARNINGS TO ADJUSTED OPERATING RESULTS

        Three Months Ended June 30,
        (Thousands)   (Per Share)
          2025       2024       2025       2024  
    Reported GAAP Earnings   $ 149,818     $ (54,158 )   $ 1.64     $ (0.59 )
    Items impacting comparability:                
    Impairment of assets (E&P)     —       200,696       0.00       2.18  
    Tax impact of impairment of assets     —       (55,686 )     0.00       (0.60 )
    Other (refer to Segment results for details)     (615 )     873       —       —  
    Adjusted Operating Results   $ 149,203     $ 91,725     $ 1.64     $ 0.99  


    FISCAL
    2025 GUIDANCE UPDATE

    National Fuel is revising its adjusted earnings per share guidance for fiscal 2025 to a range of $6.80 to $6.95. This updated range incorporates our third quarter results as well as lower expected realized natural gas prices for the remaining three months, which is largely offset by expected higher production and lower unit costs in the Exploration and Production segment. The Company is assuming an average NYMEX natural gas price of $3.25 per MMBtu for the remaining three months of fiscal 2025, which approximates the current NYMEX forward curve at this time.

    The Company’s other fiscal 2025 guidance assumptions are detailed in the table on page 7.

    INITIATION OF FISCAL 2026 PRELIMINARY GUIDANCE

    The Company is initiating preliminary earnings guidance for fiscal 2026 which it is providing at various NYMEX prices:

    NYMEX Assumption
    ($/MMBtu)
    Fiscal 2026
    Adjusted Earnings
    Per Share Sensitivities
    $3.00 $6.35 – $6.85
    $4.00 $8.00 – $8.50
    $5.00 $9.75 – $10.25


    2026 OUTLOOK

    • Seneca’s ongoing trend of improving capital efficiency is projected to continue in fiscal 2026 with capital expenditures expected to decrease by $20 million, or 4% at the midpoint, while production is expected to increase to a range of 440 to 455 Bcf, an increase of 6% at the midpoint.
    • Regulated segment earnings are expected to increase as a result of ongoing modernization investments which are supported by recent ratemaking efforts, driven by Distribution’s three-year New York rate settlement that continues through fiscal 2027 and additional margin related to the Pennsylvania modernization tracker, or DSIC (Distribution System Improvement Charge).
    • Combined Utility and Pipeline & Storage segment capital expenditures are expected to range between $395 and $455 million, an increase of $110 million from fiscal 2025 at midpoint of guidance, with continued investment in our longstanding modernization programs, as well as significant expansion-related spending on the Tioga Pathway and Shippingport Lateral projects driving meaningful rate base growth.

    Additional details on the Company’s updated forecast assumptions and business segment guidance for fiscal 2026 are outlined in the table on page 7.

    DISCUSSION OF THIRD QUARTER RESULTS BY SEGMENT

    The following earnings discussion of each operating segment for the quarter ended June 30, 2025 is summarized in a tabular form on pages 8 and 9 of this report (earnings drivers for the nine months ended June 30, 2025 are summarized on pages 10 and 11). It may be helpful to refer to those tables while reviewing this discussion.

    Note that management defines adjusted operating results as reported GAAP earnings adjusted for items impacting comparability, and adjusted EBITDA as reported GAAP earnings before the following items: interest expense, income taxes, depreciation, depletion and amortization, other income and deductions, impairments, and other items reflected in operating income that impact comparability.

    Upstream Business

    Exploration and Production Segment

    The Exploration and Production segment operations are carried out by Seneca Resources Company, LLC (“Seneca”). Seneca explores for, develops and produces primarily natural gas reserves in Pennsylvania.

        Three Months Ended
        June 30,
    (in thousands)     2025       2024     Variance
    GAAP Earnings   $ 86,671     $ (112,028 )   $ 198,699  
    Impairment of assets     —       200,696       (200,696 )
    Tax impact of impairment of assets     —       (55,686 )     55,686  
    Unrealized (gain) loss on derivative asset (2022 CA asset sale)     45       1,186       (1,141 )
    Tax impact of unrealized (gain) loss on derivative asset     (12 )     (325 )     313  
    Adjusted Operating Results   $ 86,704     $ 33,843     $ 52,861  
                 
    Adjusted EBITDA   $ 202,488     $ 128,535     $ 73,953  

    Seneca’s third quarter GAAP earnings increased $198.7 million versus the prior year. GAAP earnings in the prior year included a non-cash, pre-tax ceiling test impairment of $200.7 million ($145.0 million after-tax) to write-down the carrying value of Seneca’s reserves under the full cost method of accounting. GAAP earnings also included the impact of unrealized losses related to reductions in the fair value of contingent consideration received in connection with the June 2022 divestiture of Seneca’s California assets.

    Excluding items impacting comparability, Seneca’s adjusted operating results in the third quarter increased $52.9 million primarily due to higher realized natural gas prices and production, as well as lower per unit operating expenses.

    During the third quarter, Seneca produced a Company record 112 Bcf of natural gas, an increase of 15 Bcf, or 16%, from the prior year. Two highly prolific Utica pads turned in line this year in the EDA’s Tioga County were the main drivers behind this increase in production.

    Seneca’s weighted average realized natural gas price, after the impact of hedging and transportation costs, was $2.71 per Mcf, an increase of $0.43 per Mcf from the prior year. This increase was primarily due to higher NYMEX prices and higher spot prices at local sales points in Pennsylvania.

        Three Months Ended
        June 30,
    (Cost per Mcf)     2025       2024     Variance
    Lease Operating and Transportation Expense (“LOE”)   $ 0.66     $ 0.69     $ (0.03 )
    General and Administrative Expense (“G&A”)   $ 0.17     $ 0.19     $ (0.02 )
    Taxes and Other   $ 0.08     $ 0.08     $ —  
    Total Cash Operating Costs   $ 0.91     $ 0.96     $ (0.05 )
    Depreciation, Depletion and Amortization Expense (“DD&A”)   $ 0.62     $ 0.71     $ (0.09 )
    Total Operating Costs   $ 1.53     $ 1.67     $ (0.14 )

    On a per unit basis, third quarter total cash operating costs were lower compared to the prior year, primarily due to higher production. LOE included $61 million ($0.55 per Mcf), or 83% of total LOE, for gathering and compression service fees paid to the Company’s Gathering segment to connect Seneca’s production to sales points along interstate pipelines. DD&A for the quarter was $0.62 per Mcf, a decrease of $0.09 per Mcf from the prior year, largely due to ceiling test impairments recorded in prior quarters that lowered Seneca’s full cost pool depletable base.

    Midstream Businesses

    Pipeline and Storage Segment

    The Pipeline and Storage segment’s operations are carried out by National Fuel Gas Supply Corporation (“Supply Corporation”) and Empire Pipeline, Inc. (“Empire”). The Pipeline and Storage segment provides natural gas transportation and storage services to affiliated and non-affiliated companies through an integrated system of pipelines and underground natural gas storage fields in western New York and Pennsylvania.

        Three Months Ended
        June 30,
    (in thousands)     2025       2024     Variance
    GAAP Earnings   $ 28,857     $ 30,690     $ (1,833 )
                 
    Adjusted EBITDA   $ 67,019     $ 68,221     $ (1,202 )

    The Pipeline and Storage segment’s third quarter GAAP earnings decreased $1.8 million versus the prior year primarily due to higher Operations and Maintenance (“O&M”) expense. The increase in O&M expense was due largely to typical inflationary increases related to higher personnel costs and third-party contractors.

    Gathering Segment

    The Gathering segment’s operations are carried out by National Fuel Gas Midstream Company, LLC’s limited liability companies. The Gathering segment constructs, owns and operates natural gas gathering pipelines and compression facilities in the Appalachian region, which delivers Seneca and other non-affiliated Appalachian production to the interstate pipeline system.

        Three Months Ended
        June 30,
    (in thousands)     2025       2024     Variance
    GAAP Earnings   $ 29,996     $ 24,979     $ 5,017  
                 
    Adjusted EBITDA   $ 55,923     $ 47,631     $ 8,292  

    The Gathering segment’s third quarter GAAP earnings increased $5.0 million versus the prior year primarily due to higher operating revenues, which increased $7.8 million, or 13%, primarily due to an increase in throughput from Seneca’s new wells located in Tioga County.

    Downstream Business

    Utility Segment

    The Utility segment operations are carried out by National Fuel Gas Distribution Corporation (“Distribution Corporation”), which sells or transports natural gas to customers located in western New York and northwestern Pennsylvania.

        Three Months Ended
        June 30,
    (in thousands)     2025       2024     Variance
    GAAP Earnings   $ 4,997     $ 2,559     $ 2,438  
                 
    Adjusted EBITDA   $ 25,743     $ 21,047     $ 4,696  

    The Utility segment’s third quarter GAAP earnings increased $2.4 million, or 95%, primarily as a result of new rates approved in the Utility’s New York rate case settlement, which became effective October 1, 2024, partially offset by higher operating costs and interest expense.

    For the quarter, customer margin (operating revenues less purchased gas sold) increased $8.4 million, primarily due to an increase in customer usage, due in part to colder weather, as well as an increase in rates as part of the New York rate case settlement. Other income increased $4.0 million, largely due to the New York rate settlement, which required the recognition of non-service pension and post-retirement benefit income and a corresponding reduction in new base rates, resulting in no effect on net income.

    O&M expense increased $2.7 million primarily driven by higher personnel costs, partially offset by a reduction in uncollectible expenses as a result of a tracker implemented as part of the New York rate case settlement. DD&A expense increased by $1.6 million primarily due to higher average depreciable plant in service compared to the prior year. Further, interest expense increased $2.5 million primarily due to a higher average amount of net borrowings.

    Corporate and All Other

    The Company’s operations that are included in Corporate and All Other generated a combined net loss of $0.7 million, which was largely consistent with the prior year.

    EARNINGS TELECONFERENCE

    A conference call to discuss the results will be held on Thursday, July 31, 2025, at 9 a.m. ET. All participants must pre-register to join this conference using the Participant Registration link. A webcast link to the conference call will be provided under the Events Calendar on the NFG Investor Relations website at investor.nationalfuelgas.com. A replay will be available following the call through the end of the day, Thursday, August 7, 2025. To access the replay, dial 1-866-813-9403 and provide Access Code 592578.

    National Fuel is an integrated energy company reporting financial results for four operating segments: Exploration and Production, Pipeline and Storage, Gathering, and Utility. Additional information about National Fuel is available at www.nationalfuel.com.

    Certain statements contained herein, including statements identified by the use of the words “anticipates,” “estimates,” “expects,” “forecasts,” “intends,” “plans,” “predicts,” “projects,” “believes,” “seeks,” “will,” “may” and similar expressions, and statements which are other than statements of historical facts, are “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties, which could cause actual results or outcomes to differ materially from those expressed in the forward-looking statements. The Company’s expectations, beliefs and projections contained herein are expressed in good faith and are believed to have a reasonable basis, but there can be no assurance that such expectations, beliefs or projections will result or be achieved or accomplished. In addition to other factors, the following are important factors that could cause actual results to differ materially from those discussed in the forward-looking statements: changes in laws, regulations or judicial interpretations to which the Company is subject, including those involving derivatives, taxes, safety, employment, climate change, other environmental matters, real property, and exploration and production activities such as hydraulic fracturing; governmental/regulatory actions, initiatives and proceedings, including those involving rate cases (which address, among other things, target rates of return, rate design, retained natural gas and system modernization), environmental/safety requirements, affiliate relationships, industry structure, and franchise renewal; changes in economic conditions, including the imposition of additional tariffs on U.S. imports and related retaliatory tariffs, inflationary pressures, supply chain issues, liquidity challenges, and global, national or regional recessions, and their effect on the demand for, and customers’ ability to pay for, the Company’s products and services; the Company’s ability to estimate accurately the time and resources necessary to meet emissions targets; governmental/regulatory actions and/or market pressures to reduce or eliminate reliance on natural gas; impairments under the SEC’s full cost ceiling test for natural gas reserves; changes in the price of natural gas; the creditworthiness or performance of the Company’s key suppliers, customers and counterparties; financial and economic conditions, including the availability of credit, and occurrences affecting the Company’s ability to obtain financing on acceptable terms for working capital, capital expenditures and other investments, including any downgrades in the Company’s credit ratings and changes in interest rates and other capital market conditions; the Company’s ability to complete strategic transactions; changes in price differentials between similar quantities of natural gas sold at different geographic locations, and the effect of such changes on commodity production, revenues and demand for pipeline transportation capacity to or from such locations; the impact of information technology disruptions, cybersecurity or data security breaches, including the impact of issues that may arise from the use of artificial intelligence technologies; factors affecting the Company’s ability to successfully identify, drill for and produce economically viable natural gas reserves, including among others geology, lease availability and costs, title disputes, weather conditions, water availability and disposal or recycling opportunities of used water, shortages, delays or unavailability of equipment and services required in drilling operations, insufficient gathering, processing and transportation capacity, the need to obtain governmental approvals and permits, and compliance with environmental laws and regulations; increased costs or delays or changes in plans with respect to Company projects or related projects of other companies, as well as difficulties or delays in obtaining necessary governmental approvals, permits or orders or in obtaining the cooperation of interconnecting facility operators; increasing health care costs and the resulting effect on health insurance premiums and on the obligation to provide other post-retirement benefits; other changes in price differentials between similar quantities of natural gas having different quality, heating value, hydrocarbon mix or delivery date; the cost and effects of legal and administrative claims against the Company or activist shareholder campaigns to effect changes at the Company; negotiations with the collective bargaining units representing the Company’s workforce, including potential work stoppages during negotiations; uncertainty of natural gas reserve estimates; significant differences between the Company’s projected and actual production levels for natural gas; changes in demographic patterns and weather conditions (including those related to climate change); changes in the availability, price or accounting treatment of derivative financial instruments; changes in laws, actuarial assumptions, the interest rate environment and the return on plan/trust assets related to the Company’s pension and other post-retirement benefits, which can affect future funding obligations and costs and plan liabilities; economic disruptions or uninsured losses resulting from major accidents, fires, severe weather, natural disasters, terrorist activities or acts of war, as well as economic and operational disruptions due to third-party outages; significant differences between the Company’s projected and actual capital expenditures and operating expenses; or increasing costs of insurance, changes in coverage and the ability to obtain insurance. The Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date thereof.

    NATIONAL FUEL GAS COMPANY
    AND SUBSIDIARIES

    GUIDANCE SUMMARY

    As discussed on page 2, the Company is revising its adjusted earnings per share guidance for fiscal 2025. Additional details on the Company’s forecast assumptions and business segment guidance are outlined in the table below.

    The revised adjusted earnings per share guidance range excludes certain items that impacted the comparability of adjusted operating results during the nine months ended June 30, 2025, including: (1) the after tax impairment of assets, which reduced earnings by $1.14 per share; (2) after-tax premiums paid on early redemptions of debt, which reduced earnings by $0.02 per share; (3) after-tax unrealized losses on a derivative asset, which reduced earnings by $0.01 per share; and (4) after-tax unrealized losses on other investments, which reduced earnings by $0.02 per share. While the Company expects to record certain adjustments to unrealized gain or loss on investments during the remaining three months ending September 30, 2025, the amounts of these and other potential adjustments are not reasonably determinable at this time. As such, the Company is unable to provide earnings guidance other than on a non-GAAP basis.

        Updated FY 2025 Guidance   Preliminary FY 2026 Guidance
             
    Consolidated Adjusted Earnings per Share   $6.80 to $6.95   See sensitivity table on p.2
    Consolidated Effective Tax Rate   ~ 25.5%   ~ 25.5%
             
    Capital Expenditures (Millions)        
    Exploration and Production   $500 – $510   $470 – $500
    Pipeline and Storage   $120 – $140   $210 – $250
    Gathering   $95 – $110   $90 – $110
    Utility   $175 – $195   $185 – $205
    Consolidated Capital Expenditures   $890 – $955   $955 – $1,065
             
    Exploration and Production Segment Guidance        
             
    Commodity Price Assumptions   (remaining three months)    
    NYMEX natural gas price (per MMBtu)   $3.25   $3.00 / $4.00 / $5.00
    Appalachian basin spot price (per MMBtu)   $2.50   $2.30 / $3.10 / $3.90
             
    Production (Bcf)   420 to 425   440 to 455
             
    E&P Operating Costs ($/Mcf)        
    LOE   $0.67 – $0.68   $0.67 – $0.68
    G&A   ~$0.18   ~$0.18
    DD&A   $0.63 – $0.65   $0.65 – $0.69
             
    Other Business Segment Guidance (Millions)        
    Gathering Segment Revenues   $255 – $260   $245 – $255
    Pipeline and Storage Segment Revenues   $420 – $430   $415 – $430
             
    Utility Segment Guidance (Millions)        
    Customer Margin*   $450 – $460   $470 – $490
    O&M Expense   $240 – $245   $250 – $260
    Non-Service Pension & OPEB Income   $23 – $27   $23 – $27
    * Customer Margin is defined as Operating Revenues less Purchased Gas Expense.
    NATIONAL FUEL GAS COMPANY
    RECONCILIATION OF CURRENT AND PRIOR YEAR GAAP EARNINGS
    QUARTER ENDED JUNE 30, 2025
    (Unaudited)
                             
        Upstream   Midstream   Downstream        
                             
        Exploration &   Pipeline &           Corporate /    
    (Thousands of Dollars)   Production   Storage   Gathering   Utility   All Other   Consolidated*
                             
    Third quarter 2024 GAAP earnings   $ (112,028 )   $ 30,690     $ 24,979     $ 2,559     $ (358 )   $ (54,158 )
    Items impacting comparability:                        
    Impairment of assets     200,696                       200,696  
    Tax impact of impairment of assets     (55,686 )                     (55,686 )
    Unrealized (gain) loss on derivative asset     1,186                       1,186  
    Tax impact of unrealized (gain) loss on derivative asset     (325 )                     (325 )
    Unrealized (gain) loss on other investments                     15       15  
    Tax impact of unrealized (gain) loss on other investments                     (3 )     (3 )
    Third quarter 2024 adjusted operating results     33,843       30,690       24,979       2,559       (346 )     91,725  
    Drivers of adjusted operating results**                        
    Upstream Revenues                        
    Higher (lower) natural gas production     27,144                       27,144  
    Higher (lower) realized natural gas prices, after hedging     38,281                       38,281  
    Midstream Revenues                        
    Higher (lower) operating revenues             6,125               6,125  
    Downstream Margins***                        
    Impact of usage and weather                 2,738           2,738  
    Impact of new rates in New York                 2,788           2,788  
    Regulatory revenue adjustments                 670           670  
    Operating Expenses                        
    Lower (higher) lease operating and transportation expenses     (5,747 )                     (5,747 )
    Lower (higher) operating expenses         (1,687 )         (2,126 )     (1,463 )     (5,276 )
    Lower (higher) property, franchise and other taxes     (1,636 )                     (1,636 )
    Lower (higher) depreciation / depletion             (882 )     (1,242 )         (2,124 )
    Other Income (Expense)                        
    Higher (lower) other income     (531 )     (1,238 )         3,169       1,352       2,752  
    (Higher) lower interest expense     589       510           (2,007 )     (1,616 )     (2,524 )
    Income Taxes                        
    Lower (higher) income tax expense / effective tax rate     (5,564 )     (39 )     (178 )     (1,190 )     710       (6,261 )
                             
    All other / rounding     325       621       (48 )     (362 )     12       548  
    Third quarter 2025 adjusted operating results     86,704       28,857       29,996       4,997       (1,351 )     149,203  
    Items impacting comparability:                        
    Unrealized gain (loss) on derivative asset     (45 )                     (45 )
    Tax impact of unrealized gain (loss) on derivative asset     12                       12  
    Unrealized gain (loss) on other investments                     820       820  
    Tax impact of unrealized gain (loss) on other investments                     (172 )     (172 )
    Third quarter 2025 GAAP earnings   $ 86,671     $ 28,857     $ 29,996     $ 4,997     $ (703 )   $ 149,818  
                             
    * Amounts do not reflect intercompany eliminations.
    ** Drivers of adjusted operating results have been calculated using the 21% federal statutory rate.
    *** Downstream margin defined as operating revenues less purchased gas expense.
    NATIONAL FUEL GAS COMPANY
    RECONCILIATION OF CURRENT AND PRIOR YEAR GAAP EARNINGS PER SHARE
    QUARTER ENDED JUNE 30, 2025
    (Unaudited)
                             
        Upstream   Midstream   Downstream        
                             
        Exploration &   Pipeline &           Corporate /    
        Production   Storage   Gathering   Utility   All Other   Consolidated*
                             
    Third quarter 2024 GAAP earnings per share   $ (1.22 )   $ 0.33     $ 0.27     $ 0.03     $ —     $ (0.59 )
    Items impacting comparability:                        
    Impairment of assets, net of tax     1.58                       1.58  
    Unrealized (gain) loss on derivative asset, net of tax     0.01                       0.01  
    Unrealized (gain) loss on other investments, net of tax                     —       —  
    Rounding                     (0.01 )     (0.01 )
    Third quarter 2024 adjusted operating results per share     0.37       0.33       0.27       0.03       (0.01 )     0.99  
    Drivers of adjusted operating results**                        
    Upstream Revenues                        
    Higher (lower) natural gas production     0.30                       0.30  
    Higher (lower) realized natural gas prices, after hedging     0.42                       0.42  
    Midstream Revenues                        
    Higher (lower) operating revenues             0.07               0.07  
    Downstream Margins***                        
    Impact of usage and weather                 0.03           0.03  
    Impact of new rates in New York                 0.03           0.03  
    Regulatory revenue adjustments                 0.01           0.01  
    Operating Expenses                        
    Lower (higher) lease operating and transportation expenses     (0.06 )                     (0.06 )
    Lower (higher) operating expenses         (0.02 )         (0.02 )     (0.02 )     (0.06 )
    Lower (higher) property, franchise and other taxes     (0.02 )                     (0.02 )
    Lower (higher) depreciation / depletion             (0.01 )     (0.01 )         (0.02 )
    Other Income (Expense)                        
    Higher (lower) other income     (0.01 )     (0.01 )         0.03       0.01       0.02  
    (Higher) lower interest expense     0.01       0.01           (0.02 )     (0.02 )     (0.02 )
    Income Taxes                        
    Lower (higher) income tax expense / effective tax rate     (0.06 )     —       —       (0.01 )     0.01       (0.06 )
                             
    All other / rounding     —       0.01       —       (0.02 )     0.02       0.01  
    Third quarter 2025 adjusted operating results per share     0.95       0.32       0.33       0.05       (0.01 )     1.64  
    Items impacting comparability:                        
    Unrealized gain (loss) on derivative asset, net of tax     —                       —  
    Unrealized gain (loss) on other investments, net of tax                     0.01       0.01  
    Rounding                     (0.01 )     (0.01 )
    Third quarter 2025 GAAP earnings per share   $ 0.95     $ 0.32     $ 0.33     $ 0.05     $ (0.01 )   $ 1.64  
                             
    * Amounts do not reflect intercompany eliminations.
    ** Drivers of adjusted operating results have been calculated using the 21% federal statutory rate.
    *** Downstream margin defined as operating revenues less purchased gas expense.
    NATIONAL FUEL GAS COMPANY
    RECONCILIATION OF CURRENT AND PRIOR YEAR GAAP EARNINGS
    NINE MONTHS ENDED JUNE 30, 2025
    (Unaudited)
                             
        Upstream   Midstream   Downstream        
                             
        Exploration &   Pipeline &           Corporate /    
    (Thousands of Dollars)   Production   Storage   Gathering   Utility   All Other   Consolidated*
    Nine months ended June 30, 2024 GAAP earnings   $ 2,521     $ 85,482     $ 82,510     $ 73,848     $ 773     $ 245,134  
    Items impacting comparability:                        
    Impairment of assets     200,696                       200,696  
    Tax impact of impairment of assets     (55,686 )                     (55,686 )
    Unrealized (gain) loss on derivative asset     4,848                       4,848  
    Tax impact of unrealized (gain) loss on derivative asset     (1,330 )                     (1,330 )
    Unrealized (gain) loss on other investments                     (1,803 )     (1,803 )
    Tax impact of unrealized (gain) loss on other investments                     379       379  
    Nine months ended June 30, 2024 adjusted operating results     151,049       85,482       82,510       73,848       (651 )     392,238  
    Drivers of adjusted operating results**                        
    Upstream Revenues                        
    Higher (lower) natural gas production     28,414                       28,414  
    Higher (lower) realized natural gas prices, after hedging     70,158                       70,158  
    Midstream Revenues                        
    Higher (lower) operating revenues         12,241       5,793               18,034  
    Downstream Margins***                        
    Impact of usage and weather                 5,423           5,423  
    Impact of new rates in New York                 25,230           25,230  
    Higher (lower) other operating revenues                 (1,400 )         (1,400 )
    Operating Expenses                        
    Lower (higher) lease operating and transportation expenses     (5,810 )                     (5,810 )
    Lower (higher) operating expenses     (1,490 )     (3,790 )     (751 )     (6,700 )     (1,740 )     (14,471 )
    Lower (higher) property, franchise and other taxes     (2,381 )                     (2,381 )
    Lower (higher) depreciation / depletion     13,760           (2,684 )     (2,551 )         8,525  
    Other Income (Expense)                        
    Higher (lower) other income     (2,420 )     (1,840 )         14,888       3,653       14,281  
    (Higher) lower interest expense         838       (1,648 )     (5,686 )     (4,780 )     (11,276 )
    Income Taxes                        
    Lower (higher) income tax expense / effective tax rate     (7,902 )     (286 )     727       (2,318 )     755       (9,024 )
                             
    All other / rounding     555       374       234       306       67       1,536  
    Nine months ended June 30, 2025 adjusted operating results     243,933       93,019       84,181       101,040       (2,696 )     519,477  
    Items impacting comparability:                        
    Impairment of assets     (141,802 )                     (141,802 )
    Tax impact of impairment of assets     37,169                       37,169  
    Premiums paid on early redemption of debt     (1,430 )         (955 )             (2,385 )
    Tax impact of premiums paid on early redemption of debt     385           257               642  
    Unrealized gain (loss) on derivative asset     (729 )                     (729 )
    Tax impact of unrealized gain (loss) on derivative asset     196                       196  
    Unrealized gain (loss) on other investments                     (1,780 )     (1,780 )
    Tax impact of unrealized gain (loss) on other investments                     374       374  
    Nine months ended June 30, 2025 GAAP earnings   $ 137,722     $ 93,019     $ 83,483     $ 101,040     $ (4,102 )   $ 411,162  
                             
    * Amounts do not reflect intercompany eliminations.
    ** Drivers of adjusted operating results have been calculated using the 21% federal statutory rate.
    *** Downstream margin defined as operating revenues less purchased gas expense.
    NATIONAL FUEL GAS COMPANY
    RECONCILIATION OF CURRENT AND PRIOR YEAR GAAP EARNINGS PER SHARE
    NINE MONTHS ENDED JUNE 30, 2025
    (Unaudited)
                             
        Upstream   Midstream   Downstream        
                             
        Exploration &   Pipeline &           Corporate /    
        Production   Storage   Gathering   Utility   All Other   Consolidated*
    Nine months ended June 30, 2024 GAAP earnings per share   $ 0.03     $ 0.92     $ 0.89     $ 0.80     $ 0.01     $ 2.65  
    Items impacting comparability:                        
    Impairment of assets, net of tax     1.57                       1.57  
    Unrealized (gain) loss on derivative asset, net of tax     0.04                       0.04  
    Unrealized (gain) loss on other investments, net of tax                     (0.02 )     (0.02 )
    Rounding     (0.01 )                 0.01       —  
    Nine months ended June 30, 2024 adjusted operating results per share     1.63       0.92       0.89       0.80       —       4.24  
    Drivers of adjusted operating results**                        
    Upstream Revenues                        
    Higher (lower) natural gas production     0.31                       0.31  
    Higher (lower) realized natural gas prices, after hedging     0.77                       0.77  
    Midstream Revenues                        
    Higher (lower) operating revenues         0.13       0.06               0.19  
    Downstream Margins***                        
    Impact of usage and weather                 0.06           0.06  
    Impact of new rates in New York                 0.28           0.28  
    Higher (lower) other operating revenues                 0.01           0.01  
    Operating Expenses                        
    Lower (higher) lease operating and transportation expenses     (0.06 )                     (0.06 )
    Lower (higher) operating expenses     (0.02 )     (0.04 )     (0.01 )     (0.07 )     (0.02 )     (0.16 )
    Lower (higher) property, franchise and other taxes     (0.03 )                     (0.03 )
    Lower (higher) depreciation / depletion     0.15           (0.03 )     (0.03 )         0.09  
    Other Income (Expense)                        
    Higher (lower) other income     (0.03 )     (0.02 )         0.16       0.04       0.15  
    (Higher) lower interest expense         0.01       (0.02 )     (0.06 )     (0.05 )     (0.12 )
    Income Taxes                        
    Lower (higher) income tax expense / effective tax rate     (0.09 )     —       0.01       (0.03 )     0.01       (0.10 )
                             
    Impact of reduction in shares     0.03       0.01       0.01       0.01       —       0.06  
    All other / rounding     0.01       0.01       0.01       (0.02 )     (0.01 )     —  
    Nine months ended June 30, 2025 adjusted operating results per share     2.67       1.02       0.92       1.11       (0.03 )     5.69  
    Items impacting comparability:                        
    Impairment of assets, net of tax     (1.14 )                     (1.14 )
    Premiums paid on early redemption of debt, net of tax     (0.01 )         (0.01 )             (0.02 )
    Unrealized gain (loss) on derivative asset, net of tax     (0.01 )                     (0.01 )
    Unrealized gain (loss) on other investments, net of tax                     (0.02 )     (0.02 )
    Rounding                     0.01       0.01  
    Nine months ended June 30, 2025 GAAP earnings per share   $ 1.51     $ 1.02     $ 0.91     $ 1.11     $ (0.04 )   $ 4.51  
                             
    * Amounts do not reflect intercompany eliminations.
    ** Drivers of adjusted operating results have been calculated using the 21% federal statutory rate.
    *** Downstream margin defined as operating revenues less purchased gas expense.
    NATIONAL FUEL GAS COMPANY
    AND SUBSIDIARIES
                     
    (Thousands of Dollars, except per share amounts)                
        Three Months Ended   Nine Months Ended
        June 30,   June 30,
        (Unaudited)   (Unaudited)
    SUMMARY OF OPERATIONS     2025       2024       2025       2024  
    Operating Revenues:                
    Utility Revenues   $ 157,446     $ 124,858     $ 729,445     $ 616,977  
    Exploration and Production and Other Revenues     303,883       220,905       864,701       739,537  
    Pipeline and Storage and Gathering Revenues     70,501       71,679       217,116       216,228  
          531,830       417,442       1,811,262       1,572,742  
    Operating Expenses:                
    Purchased Gas     27,986       4,952       228,661       167,444  
    Operation and Maintenance:                
    Utility     56,053       53,412       174,744       166,405  
    Exploration and Production and Other     35,272       35,148       103,874       102,768  
    Pipeline and Storage and Gathering     41,679       40,019       119,982       114,321  
    Property, Franchise and Other Taxes     24,180       21,201       71,450       66,635  
    Depreciation, Depletion and Amortization     116,408       113,454       337,055       348,179  
    Impairment of Assets     —       200,696       141,802       200,696  
          301,578       468,882       1,177,568       1,166,448  
                     
    Operating Income (Loss)     230,252       (51,440 )     633,694       406,294  
                     
    Other Income (Expense):                
    Other Income (Deductions)     8,534       3,188       31,486       12,989  
    Interest Expense on Long-Term Debt     (34,333 )     (32,876 )     (107,356 )     (89,791 )
    Other Interest Expense     (3,556 )     (1,341 )     (13,033 )     (14,250 )
                     
    Income (Loss) Before Income Taxes     200,897       (82,469 )     544,791       315,242  
                     
    Income Tax Expense (Benefit)     51,079       (28,311 )     133,629       70,108  
                     
    Net Income (Loss) Available for Common Stock   $ 149,818     $ (54,158 )   $ 411,162     $ 245,134  
                     
    Earnings (Loss) Per Common Share                
    Basic   $ 1.66     $ (0.59 )   $ 4.54     $ 2.67  
    Diluted   $ 1.64     $ (0.59 )   $ 4.51     $ 2.65  
                     
    Weighted Average Common Shares:                
    Used in Basic Calculation     90,358,018       91,874,049       90,546,228       91,966,034  
    Used in Diluted Calculation     91,139,556       91,874,049       91,247,547       92,467,787  
    NATIONAL FUEL GAS COMPANY
    AND SUBSIDIARIES
    CONSOLIDATED BALANCE SHEETS
    (Unaudited)
         
        June 30,   September 30,
    (Thousands of Dollars)     2025       2024  
    ASSETS        
    Property, Plant and Equipment   $ 15,044,963     $ 14,524,798  
    Less – Accumulated Depreciation, Depletion and Amortization     7,588,956       7,185,593  
    Net Property, Plant and Equipment     7,456,007       7,339,205  
    Current Assets:        
    Cash and Temporary Cash Investments     39,317       38,222  
    Receivables – Net     222,515       127,222  
    Unbilled Revenue     15,347       15,521  
    Gas Stored Underground     12,810       35,055  
    Materials and Supplies – at average cost     51,022       47,670  
    Unrecovered Purchased Gas Costs     2,903       —  
    Other Current Assets     64,241       92,229  
    Total Current Assets     408,155       355,919  
    Other Assets:        
    Recoverable Future Taxes     90,493       80,084  
    Unamortized Debt Expense     6,701       5,604  
    Other Regulatory Assets     124,300       108,022  
    Deferred Charges     71,426       69,662  
    Other Investments     73,764       81,705  
    Goodwill     5,476       5,476  
    Prepaid Pension and Post-Retirement Benefit Costs     199,286       180,230  
    Fair Value of Derivative Financial Instruments     2,394       87,905  
    Other     8,158       5,958  
    Total Other Assets     581,998       624,646  
    Total Assets   $ 8,446,160     $ 8,319,770  
    CAPITALIZATION AND LIABILITIES        
    Capitalization:        
    Comprehensive Shareholders’ Equity        
    Common Stock, $1 Par Value Authorized – 200,000,000 Shares; Issued and        
    Outstanding – 90,355,956 Shares and 91,005,993 Shares, Respectively   $ 90,356     $ 91,006  
    Paid in Capital     1,047,406       1,045,487  
    Earnings Reinvested in the Business     1,953,533       1,727,326  
    Accumulated Other Comprehensive Loss     (115,807 )     (15,476 )
    Total Comprehensive Shareholders’ Equity     2,975,488       2,848,343  
    Long-Term Debt, Net of Current Portion and Unamortized Discount and Debt Issuance Costs     2,381,852       2,188,243  
    Total Capitalization     5,357,340       5,036,586  
    Current and Accrued Liabilities:        
    Notes Payable to Banks and Commercial Paper     61,500       90,700  
    Current Portion of Long-Term Debt     300,000       500,000  
    Accounts Payable     123,131       165,068  
    Amounts Payable to Customers     24,275       42,720  
    Dividends Payable     48,340       46,872  
    Interest Payable on Long-Term Debt     39,060       27,247  
    Customer Advances     —       19,373  
    Customer Security Deposits     28,739       36,265  
    Other Accruals and Current Liabilities     207,179       162,903  
    Fair Value of Derivative Financial Instruments     57,673       4,744  
    Total Current and Accrued Liabilities     889,897       1,095,892  
    Other Liabilities:        
    Deferred Income Taxes     1,153,427       1,111,165  
    Taxes Refundable to Customers     297,602       305,645  
    Cost of Removal Regulatory Liability     302,932       292,477  
    Other Regulatory Liabilities     137,025       151,452  
    Other Post-Retirement Liabilities     3,393       3,511  
    Asset Retirement Obligations     188,305       203,006  
    Other Liabilities     116,239       120,036  
    Total Other Liabilities     2,198,923       2,187,292  
    Commitments and Contingencies     —       —  
    Total Capitalization and Liabilities   $ 8,446,160     $ 8,319,770  
    NATIONAL FUEL GAS COMPANY
    AND SUBSIDIARIES
    CONSOLIDATED STATEMENTS OF CASH FLOWS
    (Unaudited)
     
        Nine Months Ended
        June 30,
    (Thousands of Dollars)     2025       2024  
             
    Operating Activities:        
    Net Income Available for Common Stock   $ 411,162     $ 245,134  
    Adjustments to Reconcile Net Income to Net Cash        
    Provided by Operating Activities:        
    Impairment of Assets     141,802       200,696  
    Depreciation, Depletion and Amortization     337,055       348,179  
    Deferred Income Taxes     60,754       47,212  
    Premiums Paid on Early Redemption of Debt     2,385       —  
    Stock-Based Compensation     15,721       15,984  
    Other     19,296       18,542  
    Change in:        
    Receivables and Unbilled Revenue     (95,254 )     5,253  
    Gas Stored Underground and Materials and Supplies     18,803       18,981  
    Unrecovered Purchased Gas Costs     (2,903 )     —  
    Other Current Assets     28,038       17,431  
    Accounts Payable     1,744       (13,705 )
    Amounts Payable to Customers     (18,445 )     3,550  
    Customer Advances     (19,373 )     (21,003 )
    Customer Security Deposits     (7,526 )     7,910  
    Other Accruals and Current Liabilities     44,283       23,846  
    Other Assets     (35,348 )     (35,346 )
    Other Liabilities     (39,918 )     (14,649 )
    Net Cash Provided by Operating Activities   $ 862,276     $ 868,015  
             
    Investing Activities:        
    Capital Expenditures   $ (627,316 )   $ (684,200 )
    Other     9,352       (1,371 )
    Net Cash Used in Investing Activities   $ (617,964 )   $ (685,571 )
             
    Financing Activities:        
    Changes in Notes Payable to Banks and Commercial Paper     (29,200 )     (287,500 )
    Shares Repurchased Under Repurchase Plan     (54,430 )     (27,847 )
    Reduction of Long-Term Debt     (1,004,086 )     —  
    Net Proceeds From Issuance of Long-Term Debt     988,731       299,396  
    Dividends Paid on Common Stock     (140,098 )     (136,610 )
    Net Repurchases of Common Stock Under Stock and Benefit Plans     (4,134 )     (3,916 )
    Net Cash Used in Financing Activities   $ (243,217 )   $ (156,477 )
             
    Net Increase in Cash and Cash Equivalents     1,095       25,967  
    Cash and Cash Equivalents at Beginning of Period     38,222       55,447  
    Cash and Cash Equivalents at June 30   $ 39,317     $ 81,414  
    NATIONAL FUEL GAS COMPANY
    AND SUBSIDIARIES
                         
    SEGMENT OPERATING RESULTS AND STATISTICS
    (UNAUDITED)
                         
    UPSTREAM BUSINESS
                         
        Three Months Ended   Nine Months Ended
    (Thousands of Dollars, except per share amounts)   June 30,   June 30,
    EXPLORATION AND PRODUCTION SEGMENT     2025       2024     Variance     2025       2024     Variance
    Total Operating Revenues   $ 303,883     $ 220,905     $ 82,978     $ 864,701     $ 739,537     $ 125,164  
    Operating Expenses:                    
    Operation and Maintenance:                    
    General and Administrative Expense     18,602       18,213       389       56,776       53,170       3,606  
    Lease Operating and Transportation Expense     73,856       66,581       7,275       210,671       203,317       7,354  
    All Other Operation and Maintenance Expense     3,816       4,526       (710 )     10,994       12,714       (1,720 )
    Property, Franchise and Other Taxes     5,121       3,050       2,071       12,778       9,764       3,014  
    Depreciation, Depletion and Amortization     68,848       68,778       70       196,773       214,191       (17,418 )
    Impairment of Assets     —       200,696       (200,696 )     141,802       200,696       (58,894 )
          170,243       361,844       (191,601 )     629,794       693,852       (64,058 )
                         
    Operating Income (Loss)     133,640       (140,939 )     274,579       234,907       45,685       189,222  
                         
    Other Income (Expense):                    
    Non-Service Pension and Post-Retirement Benefit Credit     37       100       (63 )     111       301       (190 )
    Interest and Other Income (Deductions)     44       (488 )     532       416       (830 )     1,246  
    Interest Expense on Long-Term Debt     —       —       —       (1,949 )     —       (1,949 )
    Other Interest Expense     (13,925 )     (14,670 )     745       (44,215 )     (45,046 )     831  
    Income (Loss) Before Income Taxes     119,796       (155,997 )     275,793       189,270       110       189,160  
    Income Tax Expense (Benefit)     33,125       (43,969 )     77,094       51,548       (2,411 )     53,959  
    Net Income (Loss)   $ 86,671     $ (112,028 )   $ 198,699     $ 137,722     $ 2,521     $ 135,201  
    Net Income (Loss) Per Share (Diluted)   $ 0.95     $ (1.22 )   $ 2.17     $ 1.51     $ 0.03     $ 1.48  
    NATIONAL FUEL GAS COMPANY
    AND SUBSIDIARIES
                         
    SEGMENT OPERATING RESULTS AND STATISTICS
    (UNAUDITED)
                         
    MIDSTREAM BUSINESSES
                         
        Three Months Ended   Nine Months Ended
    (Thousands of Dollars, except per share amounts)   June 30,   June 30,
    PIPELINE AND STORAGE SEGMENT     2025       2024     Variance     2025       2024     Variance
    Revenues from External Customers   $ 67,982     $ 68,035     $ (53 )   $ 207,916     $ 204,071     $ 3,845  
    Intersegment Revenues     37,597       37,384       213       113,849       103,781       10,068  
    Total Operating Revenues     105,579       105,419       160       321,765       307,852       13,913  
    Operating Expenses:                    
    Purchased Gas     (164 )     614       (778 )     (42 )     1,540       (1,582 )
    Operation and Maintenance     30,264       28,128       2,136       87,940       83,142       4,798  
    Property, Franchise and Other Taxes     8,460       8,456       4       25,727       25,776       (49 )
    Depreciation, Depletion and Amortization     18,601       18,453       148       55,733       56,157       (424 )
          57,161       55,651       1,510       169,358       166,615       2,743  
                         
    Operating Income     48,418       49,768       (1,350 )     152,407       141,237       11,170  
                         
    Other Income (Expense):                    
    Non-Service Pension and Post-Retirement Benefit Credit     952       1,257       (305 )     2,857       3,772       (915 )
    Interest and Other Income     1,111       2,362       (1,251 )     4,945       6,340       (1,395 )
    Interest Expense     (11,209 )     (11,855 )     646       (34,637 )     (35,698 )     1,061  
    Income Before Income Taxes     39,272       41,532       (2,260 )     125,572       115,651       9,921  
    Income Tax Expense     10,415       10,842       (427 )     32,553       30,169       2,384  
    Net Income   $ 28,857     $ 30,690     $ (1,833 )   $ 93,019     $ 85,482     $ 7,537  
    Net Income Per Share (Diluted)   $ 0.32     $ 0.33     $ (0.01 )   $ 1.02     $ 0.92     $ 0.10  
                         
        Three Months Ended   Nine Months Ended
        June 30,   June 30,
    GATHERING SEGMENT     2025       2024     Variance     2025       2024     Variance
    Revenues from External Customers   $ 2,519     $ 3,644     $ (1,125 )   $ 9,200     $ 12,157     $ (2,957 )
    Intersegment Revenues     65,354       56,476       8,878       184,834       174,544       10,290  
    Total Operating Revenues     67,873       60,120       7,753       194,034       186,701       7,333  
    Operating Expenses:                    
    Operation and Maintenance     11,929       12,382       (453 )     33,633       32,682       951  
    Property, Franchise and Other Taxes     21       107       (86 )     (206 )     224       (430 )
    Depreciation, Depletion and Amortization     10,848       9,732       1,116       32,197       28,800       3,397  
          22,798       22,221       577       65,624       61,706       3,918  
                         
    Operating Income     45,075       37,899       7,176       128,410       124,995       3,415  
                         
    Other Income (Expense):                    
    Non-Service Pension and Post-Retirement Benefit Credit (Costs)     (1 )     9       (10 )     (1 )     28       (29 )
    Interest and Other Income     —       113       (113 )     152       257       (105 )
    Interest Expense on Long-Term Debt     —       —       —       (1,334 )     —       (1,334 )
    Other Interest Expense     (3,870 )     (3,393 )     (477 )     (12,531 )     (10,824 )     (1,707 )
    Income Before Income Taxes     41,204       34,628       6,576       114,696       114,456       240  
    Income Tax Expense     11,208       9,649       1,559       31,213       31,946       (733 )
    Net Income   $ 29,996     $ 24,979     $ 5,017     $ 83,483     $ 82,510     $ 973  
    Net Income Per Share (Diluted)   $ 0.33     $ 0.27     $ 0.06     $ 0.91     $ 0.89     $ 0.02  
    NATIONAL FUEL GAS COMPANY
    AND SUBSIDIARIES
                         
    SEGMENT OPERATING RESULTS AND STATISTICS
    (UNAUDITED)
                         
    DOWNSTREAM BUSINESS
                         
        Three Months Ended   Nine Months Ended
    (Thousands of Dollars, except per share amounts)   June 30,   June 30,
    UTILITY SEGMENT     2025       2024     Variance     2025       2024     Variance
    Revenues from External Customers   $ 157,446     $ 124,858     $ 32,588     $ 729,445     $ 616,977     $ 112,468  
    Intersegment Revenues     77       86       (9 )     279       479       (200 )
    Total Operating Revenues     157,523       124,944       32,579       729,724       617,456       112,268  
    Operating Expenses:                    
    Purchased Gas     64,292       40,096       24,196       337,541       264,983       72,558  
    Operation and Maintenance     57,039       54,349       2,690       177,742       169,261       8,481  
    Property, Franchise and Other Taxes     10,449       9,452       997       32,761       30,471       2,290  
    Depreciation, Depletion and Amortization     17,945       16,373       1,572       51,908       48,678       3,230  
          149,725       120,270       29,455       599,952       513,393       86,559  
                         
    Operating Income     7,798       4,674       3,124       129,772       104,063       25,709  
                         
    Other Income (Expense):                    
    Non-Service Pension and Post-Retirement Benefit Credit     5,328       462       4,866       23,498       1,788       21,710  
    Interest and Other Income     628       1,485       (857 )     1,869       4,735       (2,866 )
    Interest Expense     (10,958 )     (8,417 )     (2,541 )     (32,601 )     (25,402 )     (7,199 )
    Income (Loss) Before Income Taxes     2,796       (1,796 )     4,592       122,538       85,184       37,354  
    Income Tax Expense (Benefit)     (2,201 )     (4,355 )     2,154       21,498       11,336       10,162  
    Net Income   $ 4,997     $ 2,559     $ 2,438     $ 101,040     $ 73,848     $ 27,192  
    Net Income Per Share (Diluted)   $ 0.05     $ 0.03     $ 0.02     $ 1.11     $ 0.80     $ 0.31  
    NATIONAL FUEL GAS COMPANY
    AND SUBSIDIARIES
                         
    SEGMENT OPERATING RESULTS AND STATISTICS
    (UNAUDITED)
                         
        Three Months Ended   Nine Months Ended
    (Thousands of Dollars, except per share amounts)   June 30,   June 30,
    ALL OTHER     2025       2024     Variance     2025       2024     Variance
    Total Operating Revenues   $ —     $ —     $ —     $ —     $ —     $ —  
    Operating Expenses:                    
    Operation and Maintenance     —       —       —       —       —       —  
          —       —       —       —       —       —  
                         
    Operating Income     —       —       —       —       —       —  
    Other Income (Expense):                    
    Interest and Other Income (Deductions)     (131 )     (65 )     (66 )     (489 )     (184 )     (305 )
    Interest Expense     (141 )     (97 )     (44 )     (389 )     (262 )     (127 )
    Loss before Income Taxes     (272 )     (162 )     (110 )     (878 )     (446 )     (432 )
    Income Tax Benefit     (63 )     (38 )     (25 )     (204 )     (105 )     (99 )
    Net Loss   $ (209 )   $ (124 )   $ (85 )   $ (674 )   $ (341 )   $ (333 )
    Net Loss Per Share (Diluted)   $ —     $ —     $ —     $ (0.01 )   $ —     $ (0.01 )
                 
        Three Months Ended   Nine Months Ended
        June 30,   June 30,
    CORPORATE     2025       2024     Variance     2025       2024     Variance
    Revenues from External Customers   $ —     $ —     $ —     $ —     $ —     $ —  
    Intersegment Revenues     1,341       1,285       56       4,024       3,856       168  
    Total Operating Revenues     1,341       1,285       56       4,024       3,856       168  
    Operating Expenses:                    
    Operation and Maintenance     5,725       3,873       1,852       14,992       12,789       2,203  
    Property, Franchise and Other Taxes     129       136       (7 )     390       400       (10 )
    Depreciation, Depletion and Amortization     166       118       48       444       353       91  
          6,020       4,127       1,893       15,826       13,542       2,284  
                         
    Operating Loss     (4,679 )     (2,842 )     (1,837 )     (11,802 )     (9,686 )     (2,116 )
    Other Income (Expense):                    
    Non-Service Pension and Post-Retirement Benefit Costs     (212 )     (386 )     174       (635 )     (1,161 )     526  
    Interest and Other Income     41,073       39,025       2,048       123,918       120,288       3,630  
    Interest Expense on Long-Term Debt     (34,333 )     (32,876 )     (1,457 )     (104,073 )     (89,791 )     (14,282 )
    Other Interest Expense     (3,748 )     (3,595 )     (153 )     (13,815 )     (19,363 )     5,548  
    Income (Loss) before Income Taxes     (1,899 )     (674 )     (1,225 )     (6,407 )     287       (6,694 )
    Income Tax Benefit     (1,405 )     (440 )     (965 )     (2,979 )     (827 )     (2,152 )
    Net Income (Loss)   $ (494 )   $ (234 )   $ (260 )   $ (3,428 )   $ 1,114     $ (4,542 )
    Net Income (Loss) Per Share (Diluted)   $ (0.01 )   $ —     $ (0.01 )   $ (0.03 )   $ 0.01     $ (0.04 )
                         
        Three Months Ended   Nine Months Ended
        June 30,   June 30,
    INTERSEGMENT ELIMINATIONS     2025       2024     Variance     2025       2024     Variance
    Intersegment Revenues   $ (104,369 )   $ (95,231 )   $ (9,138 )   $ (302,986 )   $ (282,660 )   $ (20,326 )
    Operating Expenses:                    
    Purchased Gas     (36,142 )     (35,758 )     (384 )     (108,838 )     (99,079 )     (9,759 )
    Operation and Maintenance     (68,227 )     (59,473 )     (8,754 )     (194,148 )     (183,581 )     (10,567 )
          (104,369 )     (95,231 )     (9,138 )     (302,986 )     (282,660 )     (20,326 )
    Operating Income     —       —       —       —       —       —  
    Other Income (Expense):                    
    Interest and Other Deductions     (40,295 )     (40,686 )     391       (125,155 )     (122,345 )     (2,810 )
    Interest Expense     40,295       40,686       (391 )     125,155       122,345       2,810  
    Net Income   $ —     $ —     $ —     $ —     $ —     $ —  
    Net Income Per Share (Diluted)   $ —     $ —     $ —     $ —     $ —     $ —  
    NATIONAL FUEL GAS COMPANY
    AND SUBSIDIARIES
                             
    SEGMENT INFORMATION (Continued)
    (Thousands of Dollars)
                             
        Three Months Ended   Nine Months Ended
        June 30,   June 30,
        (Unaudited)   (Unaudited)
                Increase           Increase
          2025       2024     (Decrease)     2025       2024     (Decrease)
                             
    Capital Expenditures:                        
    Exploration and Production   $ 123,369   (1) $ 114,679   (3) $ 8,690     $ 354,355   (1)(2) $ 399,820   (3)(4) $ (45,465 )
    Pipeline and Storage     22,700   (1)   26,212   (3)   (3,512 )     58,117   (1)(2)   68,791   (3)(4)   (10,674 )
    Gathering     26,638   (1)   29,570   (3)   (2,932 )     58,164   (1)(2)   69,088   (3)(4)   (10,924 )
    Utility     50,025   (1)   49,257   (3)   768       128,322   (1)(2)   117,508   (3)(4)   10,814  
    Total Reportable Segments     222,732       219,718       3,014       598,958       655,207       (56,249 )
    All Other     —       —       —       —       —       —  
    Corporate     138       71       67       518       253       265  
    Eliminations     —       —       —       (3,520 )     —       (3,520 )
    Total Capital Expenditures   $ 222,870     $ 219,789     $ 3,081     $ 595,956     $ 655,460     $ (59,504 )
    (1) Capital expenditures for the quarter and nine months ended June 30, 2025, include accounts payable and accrued liabilities related to capital expenditures of $61.5 million, $5.7 million, $11.6 million, and $9.8 million in the Exploration and Production segment, Pipeline and Storage segment, Gathering segment and Utility segment, respectively. These amounts have been excluded from the Consolidated Statement of Cash Flows at June 30, 2025, since they represent non-cash investing activities at that date.
    (2) Capital expenditures for the nine months ended June 30, 2025, exclude capital expenditures of $63.3 million, $14.4 million, $21.7 million and $20.6 million in the Exploration and Production segment, Pipeline and Storage segment, Gathering segment and Utility segment, respectively. These amounts were in accounts payable and accrued liabilities at September 30, 2024 and paid during the nine months ended June 30, 2025. These amounts were excluded from the Consolidated Statement of Cash Flows at September 30, 2024, since they represented non-cash investing activities at that date. These amounts have been included in the Consolidated Statement of Cash Flows at June 30, 2025.
    (3) Capital expenditures for the quarter and nine months ended June 30, 2024, include accounts payable and accrued liabilities related to capital expenditures of $50.9 million, $7.0 million, $14.6 million, and $8.0 million in the Exploration and Production segment, Pipeline and Storage segment, Gathering segment and Utility segment, respectively. These amounts were excluded from the Consolidated Statement of Cash Flows at June 30, 2024, since they represented non-cash investing activities at that date.
    (4) Capital expenditures for the nine months ended June 30, 2024, exclude capital expenditures of $43.2 million, $31.8 million, $20.6 million and $13.6 million in the Exploration and Production segment, Pipeline and Storage segment, Gathering segment and Utility segment, respectively. These amounts were in accounts payable and accrued liabilities at September 30, 2023 and paid during the nine months ended June 30, 2024. These amounts were excluded from the Consolidated Statement of Cash Flows at September 30, 2023, since they represented non-cash investing activities at that date. These amounts have been included in the Consolidated Statement of Cash Flows at June 30, 2024.
    DEGREE DAYS                            
                          Percent Colder
                          (Warmer) Than:
    Three Months Ended June 30,   Normal   2025   2024   Normal (1)   Last Year (1)
    Buffalo, NY (2)   843     825     565     (2.1 )   46.0  
    Erie, PA   776     813     519     4.8     56.6  
                                 
    Nine Months Ended June 30,                            
    Buffalo, NY (2)   6,195     5,825     5,128     (6.0 )   13.6  
    Erie, PA   5,693     5,527     4,759     (2.9 )   16.1  
    (1) Percents compare actual 2025 degree days to normal degree days and actual 2025 degree days to actual 2024 degree days.
    (2) Normal degree days changed from NOAA 30-year degree days to NOAA 15-year degree days with the implementation of new base rates in New York effective October 2024.
    NATIONAL FUEL GAS COMPANY
    AND SUBSIDIARIES
                             
    EXPLORATION AND PRODUCTION INFORMATION
                             
        Three Months Ended   Nine Months Ended
        June 30,   June 30,
                Increase           Increase
          2025       2024     (Decrease)     2025       2024     (Decrease)
                             
    Gas Production/Prices:                        
    Production (MMcf)                        
    Appalachia     111,588       96,504       15,084       314,819       300,144       14,675  
                             
    Average Prices (Per Mcf)                        
    Weighted Average   $ 2.69     $ 1.50     $ 1.19     $ 2.66     $ 1.93     $ 0.73  
    Weighted Average after Hedging   $ 2.71     $ 2.28     $ 0.43     $ 2.73     $ 2.45     $ 0.28  
                             
    Selected Operating Performance Statistics:                        
    General and Administrative Expense per Mcf (1)   $ 0.17     $ 0.19     $ (0.02 )   $ 0.18     $ 0.18     $ —  
    Lease Operating and Transportation Expense per Mcf (1)(2)   $ 0.66     $ 0.69     $ (0.03 )   $ 0.67     $ 0.68     $ (0.01 )
    Depreciation, Depletion and Amortization per Mcf (1)   $ 0.62     $ 0.71     $ (0.09 )   $ 0.63     $ 0.71     $ (0.08 )
    (1) Refer to page 15 for the General and Administrative Expense, Lease Operating and Transportation Expense and Depreciation, Depletion, and Amortization Expense for the Exploration and Production segment.
    (2) Amounts include transportation expense of $0.56 and $0.59 per Mcf for the three months ended June 30, 2025 and June 30, 2024, respectively. Amounts include transportation expense of $0.57 per Mcf for the nine months ended June 30, 2025 and June 30, 2024.
    NATIONAL FUEL GAS COMPANY
    AND SUBSIDIARIES
                                       
    Pipeline and Storage Throughput – (millions of cubic feet – MMcf)          
                                       
        Three Months Ended   Nine Months Ended
        June 30,   June 30,
                    Increase               Increase
        2025   2024   (Decrease)   2025   2024   (Decrease)
    Firm Transportation – Affiliated   20,123     18,377     1,746     101,233     92,433     8,800  
    Firm Transportation – Non-Affiliated   158,910     150,133     8,777     515,411     498,435     16,976  
    Interruptible Transportation   149     118     31     665     1,508     (843 )
        179,182     168,628     10,554     617,309     592,376     24,933  
                                       
    Gathering Volume – (MMcf)                                  
        Three Months Ended   Nine Months Ended
        June 30,   June 30,
                    Increase               Increase
        2025   2024   (Decrease)   2025   2024   (Decrease)
    Gathered Volume   133,271     118,445     14,826     384,003     367,832     16,171  
                                       
    Utility Throughput – (MMcf)                                  
        Three Months Ended   Nine Months Ended
        June 30,   June 30,
                    Increase               Increase
        2025   2024   (Decrease)   2025   2024   (Decrease)
    Retail Sales:                                  
    Residential Sales   10,151     8,123     2,028     60,738     53,168     7,570  
    Commercial Sales   1,658     1,308     350     9,997     8,401     1,596  
    Industrial Sales   93     62     31     594     389     205  
        11,902     9,493     2,409     71,329     61,958     9,371  
    Transportation   13,853     12,819     1,034     55,881     52,984     2,897  
        25,755     22,312     3,443     127,210     114,942     12,268  


    NATIONAL FUEL GAS COMPANY

    AND SUBSIDIARIES
    NON-GAAP FINANCIAL MEASURES

    In addition to financial measures calculated in accordance with generally accepted accounting principles (GAAP), this press release contains information regarding adjusted operating results, adjusted EBITDA and free cash flow, which are non-GAAP financial measures. The Company believes that these non-GAAP financial measures are useful to investors because they provide an alternative method for assessing the Company’s ongoing operating results or liquidity and for comparing the Company’s financial performance to other companies. The Company’s management uses these non-GAAP financial measures for the same purpose, and for planning and forecasting purposes. The presentation of non-GAAP financial measures is not meant to be a substitute for financial measures in accordance with GAAP.

    Management defines adjusted operating results as reported GAAP earnings before items impacting comparability. The following table reconciles National Fuel’s reported GAAP earnings to adjusted operating results for the three and nine months ended June 30, 2025 and 2024:

        Three Months Ended   Nine Months Ended
        June 30,   June 30,
    (in thousands except per share amounts)     2025       2024       2025       2024  
    Reported GAAP Earnings   $ 149,818     $ (54,158 )   $ 411,162     $ 245,134  
    Items impacting comparability:                
    Impairment of assets (E&P)     —       200,696       141,802       200,696  
    Tax impact of impairment of assets     —       (55,686 )     (37,169 )     (55,686 )
    Premiums paid on early redemption of debt (E&P / Midstream)     —       —       2,385       —  
    Tax impact of premiums paid on early redemption of debt     —       —       (642 )     —  
    Unrealized (gain) loss on derivative asset (E&P)     45       1,186       729       4,848  
    Tax impact of unrealized (gain) loss on derivative asset     (12 )     (325 )     (196 )     (1,330 )
    Unrealized (gain) loss on other investments (Corporate / All Other)     (820 )     15       1,780       (1,803 )
    Tax impact of unrealized (gain) loss on other investments     172       (3 )     (374 )     379  
    Adjusted Operating Results   $ 149,203     $ 91,725     $ 519,477     $ 392,238  
                     
    Reported GAAP Earnings Per Share   $ 1.64     $ (0.59 )   $ 4.51     $ 2.65  
    Items impacting comparability:                
    Impairment of assets, net of tax (E&P)     —       1.58       1.14       1.57  
    Premiums paid on early redemption of debt, net of tax (E&P / Midstream)     —       —       0.02       —  
    Unrealized (gain) loss on derivative asset, net of tax (E&P)     —       0.01       0.01       0.04  
    Unrealized (gain) loss on other investments, net of tax (Corporate / All Other)     (0.01 )     —       0.02       (0.02 )
    Rounding     0.01       (0.01 )     (0.01 )     —  
    Adjusted Operating Results Per Share   $ 1.64     $ 0.99     $ 5.69     $ 4.24  

    Management defines adjusted EBITDA as reported GAAP earnings before the following items: interest expense, income taxes, depreciation, depletion and amortization, other income and deductions, impairments, and other items reflected in operating income that impact comparability. The following tables reconcile National Fuel’s reported GAAP earnings to adjusted EBITDA for the three and nine months ended June 30, 2025 and 2024:

        Three Months Ended   Nine Months Ended
        June 30,   June 30,
    (in thousands)     2025       2024       2025       2024  
    Reported GAAP Earnings   $ 149,818     $ (54,158 )   $ 411,162     $ 245,134  
    Depreciation, Depletion and Amortization     116,408       113,454       337,055       348,179  
    Other (Income) Deductions     (8,534 )     (3,188 )     (31,486 )     (12,989 )
    Interest Expense     37,889       34,217       120,389       104,041  
    Income Taxes     51,079       (28,311 )     133,629       70,108  
    Impairment of Assets     —       200,696       141,802       200,696  
    Adjusted EBITDA   $ 346,660     $ 262,710     $ 1,112,551     $ 955,169  
                     
    Adjusted EBITDA by Segment                
    Pipeline and Storage Adjusted EBITDA   $ 67,019     $ 68,221     $ 208,140     $ 197,394  
    Gathering Adjusted EBITDA     55,923       47,631       160,607       153,795  
    Total Midstream Businesses Adjusted EBITDA     122,942       115,852       368,747       351,189  
    Exploration and Production Adjusted EBITDA     202,488       128,535       573,482       460,572  
    Utility Adjusted EBITDA     25,743       21,047       181,680       152,741  
    Corporate and All Other Adjusted EBITDA     (4,513 )     (2,724 )     (11,358 )     (9,333 )
    Total Adjusted EBITDA   $ 346,660     $ 262,710     $ 1,112,551     $ 955,169  
    NATIONAL FUEL GAS COMPANY
    AND SUBSIDIARIES
    NON-GAAP FINANCIAL MEASURES
    SEGMENT ADJUSTED EBITDA
        Three Months Ended   Nine Months Ended
        June 30,   June 30,
    (in thousands)     2025       2024       2025       2024  
    Exploration and Production Segment                
    Reported GAAP Earnings   $ 86,671     $ (112,028 )   $ 137,722     $ 2,521  
    Depreciation, Depletion and Amortization     68,848       68,778       196,773       214,191  
    Other (Income) Deductions     (81 )     388       (527 )     529  
    Interest Expense     13,925       14,670       46,164       45,046  
    Income Taxes     33,125       (43,969 )     51,548       (2,411 )
    Impairment of Assets     —       200,696       141,802       200,696  
    Adjusted EBITDA   $ 202,488     $ 128,535     $ 573,482     $ 460,572  
                     
    Pipeline and Storage Segment                
    Reported GAAP Earnings   $ 28,857     $ 30,690     $ 93,019     $ 85,482  
    Depreciation, Depletion and Amortization     18,601       18,453       55,733       56,157  
    Other (Income) Deductions     (2,063 )     (3,619 )     (7,802 )     (10,112 )
    Interest Expense     11,209       11,855       34,637       35,698  
    Income Taxes     10,415       10,842       32,553       30,169  
    Adjusted EBITDA   $ 67,019     $ 68,221     $ 208,140     $ 197,394  
                     
    Gathering Segment                
    Reported GAAP Earnings   $ 29,996     $ 24,979     $ 83,483     $ 82,510  
    Depreciation, Depletion and Amortization     10,848       9,732       32,197       28,800  
    Other (Income) Deductions     1       (122 )     (151 )     (285 )
    Interest Expense     3,870       3,393       13,865       10,824  
    Income Taxes     11,208       9,649       31,213       31,946  
    Adjusted EBITDA   $ 55,923     $ 47,631     $ 160,607     $ 153,795  
                     
    Utility Segment                
    Reported GAAP Earnings   $ 4,997     $ 2,559     $ 101,040     $ 73,848  
    Depreciation, Depletion and Amortization     17,945       16,373       51,908       48,678  
    Other (Income) Deductions     (5,956 )     (1,947 )     (25,367 )     (6,523 )
    Interest Expense     10,958       8,417       32,601       25,402  
    Income Taxes     (2,201 )     (4,355 )     21,498       11,336  
    Adjusted EBITDA   $ 25,743     $ 21,047     $ 181,680     $ 152,741  
                     
    Corporate and All Other                
    Reported GAAP Earnings   $ (703 )   $ (358 )   $ (4,102 )   $ 773  
    Depreciation, Depletion and Amortization     166       118       444       353  
    Other (Income) Deductions     (435 )     2,112       2,361       3,402  
    Interest Expense     (2,073 )     (4,118 )     (6,878 )     (12,929 )
    Income Taxes     (1,468 )     (478 )     (3,183 )     (932 )
    Adjusted EBITDA   $ (4,513 )   $ (2,724 )   $ (11,358 )   $ (9,333 )

    Management defines free cash flow as net cash provided by operating activities, less net cash used in investing activities, adjusted for acquisitions and divestitures. The Company is unable to provide a reconciliation of any projected free cash flow measure to its comparable GAAP financial measure without unreasonable efforts. This is due to an inability to calculate the comparable GAAP projected metrics, including operating income and total production costs, given the unknown effect, timing, and potential significance of certain income statement items.

    The MIL Network –

    July 31, 2025
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