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  • MIL-OSI Economics: Global Energy Balance: Heads of Major Energy Companies, Experts Discuss Future of Energy Sector at SPIEF

    Source: Rosneft

    Headline: Global Energy Balance: Heads of Major Energy Companies, Experts Discuss Future of Energy Sector at SPIEF

    At the Energy Panel of the XXVIII St. Petersburg International Economic Forum, leading industry experts, politicians, scientists, government officials and heads of major international energy companies discussed current trends in the global energy market.

    Their assessments and forecasts largely coincided with the visionary concept of industry development presented by Igor Sechin, Head of Rosneft. In his report “Odyssey of the Global Economy in Search of the Golden Fleece. The New Landscape a of the Global Energy Industry”, he announced that the current state of the global energy industry is at the stage of formation of a new image due to the multiple growth of electricity consumption, the generation of which will be provided by both fossil fuels and renewable energy sources. According to him, the optimal solution today is “synthesis of conventional and alternative energy sources”.

    The event, organized with the support of Rosneft, was addressed by Mohammed Bin Saleh Al-Sada, Chairman of the Rosneft Board of Directors, Delcy Rodriguez, Executive Vice President of the Republic of Venezuela, Simon Aloysius Mantiri, Chief Executive Officer of Pertamina, Zhang Daowei, Vice President of CNPC, Shiva Prasad Panda Madhusudana, Executive Director of Reliance Industries, Alexander Dynkin, Academician of the Russian Academy of Sciences, Zhurabek Mirzamakhmudov, Minister of Energy of the Republic of Uzbekistan, Nobuo Tanaka, Chairman of the Supervisory Board of the Japanese government’s non-profit Low Carbon Technology Initiative, and David Gadzhimirzaev, President of TOFS.

    ENERGY TRANSITION WITHOUT TRANSITION

    Mohammed Bin Saleh Al-Sada opened the discussion of Igor Sechin’s report, noting the depth of his analysis. “It was comprehensive – the way you showed that progress and energy are inseparable,” Al-Sada addressed Sechin.

    The head of Rosneft’s Board of Directors drew the audience’s attention to the fact that despite the active promotion of the idea of transition to RES, the share of fossil energy sources in the energy mix has not changed in recent decades. He recalled that Igor Sechin mentioned in the report that fossil fuels account for 80% of the global energy mix. “And this statistic has not changed for the last 20 years! We are fluttering around these 80% fossil fuels and energy sources, and so not much has changed!” exclaimed Al-Sada, describing the situation in the global energy sector.

    “In other words, we are essentially not making any transition away from hydrocarbons,” he concluded, emphasizing that the transition to renewables is being imposed on the industry and the public.

    “I would also like to take as a baton from Mr. Sechin, and pass my comment to you. It’s like food for thought: are we actually transitioning from fossil fuels to renewable fuels?“,” Al-Sada addressed the audience.

    The Rosneft Chairman also noted that energy demand does not always coincide with production growth for various reasons.

    “I would like to express two small thoughts in order to further enhance the valuable things we heard in Mr. Sechin’s words. <...> Lack of investment is already a reality in the hydrocarbon and energy sectors. This is something that could really bring us to a serious energy shortage. “If this trend continues we could face an energy shortage. This is not only my personal opinion, but also what a large number of analysts, including the International Energy Agency, and other respected experts, who in their reviews have emphasized the importance of having sufficient investment in the hydrocarbon sector. Otherwise, we will face the risk of a primary energy shortage!”, emphasized Al-Sada.

    FUTURE FOR SYNERGY

    Zhang Daowei, Vice President of China’s CNPC, remarked on the interest in the report by Rosneft’s CEO. In his speech, the top manager of the Chinese company expressed similar assessments of the ways of development of the global energy sector – in particular, the need for synergy between traditional and new energy sources.

    “We have always believed that in the context of the energy transition course, it is necessary to adhere to synergetic, integrated development of traditional and new energy sources, to take full account of the characteristics and degree of development of our countries’ markets, to properly link energy transition with energy security, and to promote a fair and sustainable model of energy transformation,” Daowei said.

    According to the vice president, under this philosophy, CNPC, on the one hand, continues to increase the exploration and development of oil and gas fields domestically and import high-quality resources from abroad, including strengthening long-term cooperation with Russia in the field of hydrocarbon trade. On the other hand, CNPC is actively pursuing a green, low-carbon development strategy and realizing the development of a “three-step strategy” combining oil and gas projects with wind, solar, geothermal, hydrogen and carbon capture technologies.

    Simon Aloysius Mantiri, President and CEO of Pertamina Indonesia, said that the company is pursuing a dual growth strategy that is based on both conventional resources and low-carbon solutions. Meanwhile, natural gas plays an important role in the country’s energy mix.

    “Natural gas is at the center of our strategy to transition to cleaner fuels. And today we are expanding our LNG capacity and capability for both domestic and export needs,” he said.

    The Pertamina chief virtually reiterated the point made in Igor Sechin’s report and emphasized that by achieving a balance of energy sources and a comprehensive approach, the company is able to ensure high economic growth and carbon neutrality in parallel.

    Reliance Industries CEO P.M.S. Prasad said India does not choose between energy access and innovation. “It is integrating both. By developing scalable, context-specific solutions, it is addressing local priorities while making a significant contribution to global sustainability. From rural microgrids to energy efficient data centers, India is turning its potential into a strategic asset,” Prasad said.

    He emphasized that international partnerships play a vital role in this ambitious effort. “Energy remains a key cornerstone of the strategic relationship between India and Russia. India values this trusted partnership and appreciates the cooperation forged over decades. The leadership of both countries is committed to take this partnership to an even higher bar in the future,” summarized Reliance Industries’ CEO.

    NUCLEAR POWER PLANTS ARE NOT BEING WRITTEN OFF

    Rosneft CEO Igor Sechin, in his keynote speech at the Energy Panel, noted the growing interest in nuclear power generation worldwide and, accordingly, the growth of investments in this area. According to him, this is happening against the backdrop of growing energy consumption and in future nuclear power will be in demand along with fossil sources and renewable energy sources.

    Reliance Industries CEO Panda Madhusudana Shiva Prasad, in turn, speaking on India’s energy outlook, emphasized the significant role of nuclear power generation.

    “Gas, renewables supported by energy storage systems and a robust transmission grid, and nuclear power will play a key role. India’s bold nuclear program, including small modular reactors, reflects its commitment to long-term energy security and decarbonization,” Prasad said.

    The renewed interest in investments in NPP construction was noted in the speech of Uzbek Minister of Energy Zhurabek Mirzamakhmudov. He spoke about joint plans with Russia to build two units of 55 megawatts each, and two units of VWR type reactors – water-water power reactor. The head of the ministry also said that gas-fired power plants are being installed in the country, hydropower is being developed, the share of renewable sources is increasing, and storage systems are being created at the same time.

    The Minister noted the substantial nature of Igor Sechin’s report, which contains a detailed analysis and reflects all trends in the development of global energy, science and economy.

    ENERGY SECURITY IN FIRST PLACE

    Delcy Rodriguez, Executive Vice President of the Republic of Venezuela, in her speech supported the thesis expressed by the head of Rosneft that energy security issues should come first.

    “We always advocate that the energy transition be carried out responsibly, taking into account reality, to avoid abrupt changes that could jeopardize energy security,” Rodriguez said.

    Venezuela’s Executive Vice President named the main components of a stable energy system of the future: energy security, reliable supply, accessibility for all, while respecting nature – with minimal environmental impact.

    Among the main threats to energy security, Rodriguez named illegal sanctions against producing countries and the hegemony of the dollar.

    Nobuo Tanaka, Chairman of the Supervisory Board of the Japanese government’s non-profit Low Carbon Technology Initiative, said the answer to energy security is always to diversify supply sources, improve energy efficiency and seek alternative energy sources, including renewable energy, nuclear energy and regulate the market with predictable policies.

    AGAINST LOGIC

    The panelists drew attention to the political events of recent decades and stated that geopolitics is now shaping the direction of economic cooperation. And often against the logic of market expediency and economic efficiency.

    Tanaka recalled how he discussed Germany’s energy policy with Chancellor Merkel in 2009: “I asked her why Germany does not use nuclear power. She answered like this: Mr. Tanaka, I am a scientist, I know how important it is to use nuclear power, but in order to use it in Germany, she said, give me votes in exchange. Yes, she’s a good scientist, but she’s also a very smart politician.”

    The professor is sure that despite her experience Merkel made a very serious mistake by changing the policy on the use of nuclear power plants under the pressure of public opinion. Another mistake was the refusal to use Russian energy carriers and Russian natural gas. “I think she was misled,” Tanaka said.

    “Geopolitics is a factor of the 21st century global economy. It is geopolitical interests that brought the BRICS countries together.  The criterion for membership is not to use sanctions against other members of the organization. But geopolitics has also become a kind of “trap” for Germany after Trump’s victory,” said Alexander Dynkin, a member of the Russian Academy of Sciences.

    He noted that the European bureaucrats are concerned about the complete refusal of energy supplies from Russia by 2027. “They are not stopped by the growth of costs, undermining the competitiveness of the EU,” – said Dynkin and recalled that if in 2014, the U.S. GDP was ahead of the EU GDP. US GDP was only 12% ahead of EU GDP, last year the US economy was already 50% larger than the European one.

    “Although the German energy crisis is formally over, the country paid for it with three years of stagnation, deindustrialization, inflation, and migration crisis,” said the RAS academy member.

    DIGITAL REVOLUTION

    The thesis in Igor Sechin’s report that the digital revolution opens a new era in the development of the oil and gas industry was warmly echoed by the audience. In particular, David Gadzhimirzaev, General Director of TOFS Oilfield Services Group, thanked Rosneft for supporting innovation and technology development. He emphasized the importance of ensuring the availability, stability and reliability of resources, which is exactly what new technologies can provide, which will reduce the cost of bringing barrels to the surface.

    “We all know that just this year the Energy Strategy-2050 was approved, which includes the fact that by 2050 about 70% of the Russian Federation’s production will be from hard-to-recover reserves. Therefore, we are not only working on expertise, but also working on the production of new technologies,” Gadzhimirzaev said.

    Department of Information and Advertising
    Rosneft Oil Company
    June 21, 2025

    MIL OSI Economics –

  • MIL-OSI Economics: Rosneft plans work based on oil price of $45 in 2025 and $42-43 in 2026 – Sechin

    Source: Rosneft

    Headline: Rosneft plans work based on oil price of $45 in 2025 and $42-43 in 2026 – Sechin

    The energy panel organized by Rosneft at SPIEF ended with the traditional oil price forecast from its participants. This year, the Company’s CEO Igor Sechin and Nobuo Tanaka, Chairman of the Supervisory Board of the Japanese government’s non-profit Low Carbon Technology Initiative, presented their vision of future developments.

    Prof. Tanaka recalled that a year earlier the Energy Panel participants predicted an oil price of $60 per barrel. “This year I am afraid that the price may exceed 100 dollars due to the crisis that is currently taking place in the Middle East,” – said the Japanese expert, who headed the International Energy Agency in 2007-2011.

    In turn, the CEO of Rosneft responded to this by saying: “Whatever it (oil price – ed.) is, it is difficult for us to guess what will happen. Nobody knows. As Machiavelli once said, “The power of authority lies in its secrecy”.

    At the same time, Igor Sechin named the price that the Company has set in its business plan for 2025 and 2026: “We do not know what geopolitical factors will affect the market. But whatever they are, our company Rosneft puts 45 dollars in its business plan for this year and 42-43 dollars for the next year. We do not want to depend on this volatility,” he said.

    Department of Information and Advertising
    Rosneft Oil Company
    June 21, 2025

    MIL OSI Economics –

  • MIL-OSI Economics: Rosneft plans work based on oil price of $45 in 2025 and $42-43 in 2026 – Sechin

    Source: Rosneft

    Headline: Rosneft plans work based on oil price of $45 in 2025 and $42-43 in 2026 – Sechin

    The energy panel organized by Rosneft at SPIEF ended with the traditional oil price forecast from its participants. This year, the Company’s CEO Igor Sechin and Nobuo Tanaka, Chairman of the Supervisory Board of the Japanese government’s non-profit Low Carbon Technology Initiative, presented their vision of future developments.

    Prof. Tanaka recalled that a year earlier the Energy Panel participants predicted an oil price of $60 per barrel. “This year I am afraid that the price may exceed 100 dollars due to the crisis that is currently taking place in the Middle East,” – said the Japanese expert, who headed the International Energy Agency in 2007-2011.

    In turn, the CEO of Rosneft responded to this by saying: “Whatever it (oil price – ed.) is, it is difficult for us to guess what will happen. Nobody knows. As Machiavelli once said, “The power of authority lies in its secrecy”.

    At the same time, Igor Sechin named the price that the Company has set in its business plan for 2025 and 2026: “We do not know what geopolitical factors will affect the market. But whatever they are, our company Rosneft puts 45 dollars in its business plan for this year and 42-43 dollars for the next year. We do not want to depend on this volatility,” he said.

    Department of Information and Advertising
    Rosneft Oil Company
    June 21, 2025

    MIL OSI Economics –

  • MIL-OSI: Debt Consolidation Loan for Poor Credit Score: Radcred Instant Funding Solution with No Credit Check & Same-Day Loan

    Source: GlobeNewswire (MIL-OSI)

    Glendale, California, June 21, 2025 (GLOBE NEWSWIRE) — Radcred has launched a new Debt Consolidation Loan platform, offering a simple and fast way to combine multiple high-interest debts into a single, more manageable loan. This platform provides same-day funding and does not require a hard credit check, making it an ideal solution for individuals with poor credit scores. 

    By consolidating existing debt, borrowers can lower their interest rates and simplify their monthly payments. With Radcred’s fast approval process and transparent terms, individuals with subprime credit can access the relief they need without the complexities of traditional lending. This platform addresses the increasing demand for quick and accessible debt relief.

    Rising Demand for Debt Consolidation Loans 

    According to the Federal Reserve, more than 40% of Americans are carrying high-interest credit card debt, with many struggling to keep up with multiple payments. Consumers often seek debt consolidation loans to simplify their finances by combining multiple high-interest debts into a single loan, thereby reducing interest rates and avoiding late fees. The goal is to improve cash flow by lowering monthly payments, which can be particularly helpful for individuals with poor credit scores.

    The demand for debt consolidation loans has been growing, as traditional options such as balance transfer credit cards or home equity loans can be restrictive or inaccessible for individuals with low credit scores. Radcred fills the gap by offering a solution that is not only fast and easy to access but also specifically tailored to meet the needs of subprime borrowers. With the rise in high-interest debt, there is an increasing need for faster, more inclusive options, and Radcred provides precisely that.

    FIND OUT HOW DEBT CONSOLIDATION CAN EASE YOUR FINANCES

    Key Features of Radcred’s Debt Consolidation Loan Platform 

    Radcred’s Debt Consolidation Loan platform offers a range of features to streamline the debt relief process, making it faster, easier, and more accessible. With a user-friendly interface, quick approval times, and flexible terms, Radcred helps borrowers consolidate multiple high-interest debts into a single, manageable loan, offering same-day funding and transparent rates.

    • Same-Day Funding: Borrowers can receive funds within hours of approval, providing quick access to financial relief.
    • No Hard-Credit Pull: Radcred utilizes a soft-pull credit inquiry, ensuring that borrowers’ credit scores remain unaffected throughout the application process.
    • Transparent Rates: Competitive APRs are clearly displayed, with no hidden fees, ensuring borrowers understand the total cost of their loan.
    • Flexible Terms: Borrowers can select repayment periods ranging from 1 to 5 years, offering flexibility and control over monthly payments.
    • Unsecured Loans: Since no collateral is required, Radcred’s loans provide an opportunity for subprime borrowers who may not own property or valuable assets.

    These features make Radcred’s platform accessible, efficient, and convenient for individuals looking to consolidate their debts quickly and without complications. The user-friendly process ensures that borrowers are not burdened with lengthy paperwork or complex procedures.

    LEARN HOW RADCRED OFFERS A HASSLE-FREE CONSOLIDATION PROCESS

    How Radcred’s Debt Consolidation Loan Platform Works?

    Radcred’s platform is designed to be user-friendly and efficient, providing a streamlined way for borrowers to consolidate their debts. The simple online application process, combined with quick approval and same-day funding, ensures borrowers can access relief without delays. Radcred matches users with suitable lenders and offers flexible repayment terms for added convenience.

    • Quick Online Application: The application process takes just 5 minutes. Simply fill out the form on Radcred’s website with personal details and debt information.
    • Eligibility Check: Radcred performs a soft-pull credit inquiry, which does not impact your credit score. Along with credit evaluation, income verification is required to assess your repayment capacity.
    • Lender Matching: Radcred’s algorithm matches you with vetted lenders who are willing to offer you debt consolidation loans based on your financial profile.
    • Offer Comparison: You will receive multiple offers from lenders, allowing you to compare the rates, terms, and fees side-by-side. This ensures you can select the most favorable option.
    • Instant Funding: Once you select an offer, you can accept the loan terms, and the funds are deposited directly into your account, often the same day.

    This process is designed to be transparent, fast, and hassle-free, ensuring you can consolidate your debt without unnecessary delays or complex steps.

    Who Qualifies for Radcred’s Debt Consolidation Loans?

    To qualify for Radcred’s Debt Consolidation Loans, applicants must meet several key criteria. They must be at least 18 years old, a U.S. resident, and have a valid checking account for direct deposit. Additionally, proof of steady income, such as pay stubs or bank statements, is required to demonstrate the ability to repay the loan.

    • Age: Applicants must be at least 18 years old.
    • Residency: You must be a U.S. citizen or permanent resident.
    • Bank Account: A valid checking account for direct deposit is required.
    • Income: Proof of steady income, such as pay stubs or bank statements, is required to demonstrate your ability to repay the loan.
    • Credit Flexibility: While your credit score may be a factor, Radcred considers borrowers with scores as low as 580. The platform prioritizes your ability to repay over your credit history, making it accessible to those with poor credit.

    These criteria are designed to ensure that Radcred can match borrowers with suitable lenders, offering an accessible solution even to those with subprime credit.

    CHECK IF YOU MEET RADCRED’S LOAN QUALIFICATIONS

    Benefits Over Traditional Debt-Consolidation Options 

    Radcred’s debt consolidation loan platform offers several advantages compared to traditional methods like balance transfer cards or home equity loans:

    • No 0% Introductory Period: Unlike balance transfer cards that come with a limited 0% interest period, Radcred’s loans offer fixed rates and longer repayment terms, ensuring more predictable monthly payments.
    • No Risk to Property: While home equity loans require putting up your home as collateral, Radcred’s debt consolidation loans are unsecured, meaning you don’t risk your property.
    • Faster Process: Radcred’s online process is quick and straightforward, often offering same-day funding, unlike traditional banks that may take weeks to process loans.
    • Easier Access for Bad Credit: Radcred is designed for individuals with lower credit scores, offering fast and flexible options that traditional lenders may not provide.

    These advantages make Radcred a more accessible, efficient, and safer choice for consolidating debt, especially for individuals with poor credit.

    Addressing Common Borrower Concerns 

    • Will it hurt my credit?
       Radcred uses a soft-pull credit inquiry, which has no impact on your credit score during the application process. This allows borrowers with bad credit or a low credit score to explore loan options without worrying about lowering their credit score. This makes it a safe choice for personal loans for bad credit.
    • Are there hidden fees?
       No, Radcred is committed to transparency. All fees and APRs are clearly disclosed before you accept the loan offer, ensuring there are no hidden fees. You will know exactly what you’re getting into, making it easier to compare with other debt consolidation loans and make an informed decision.
    • What if I miss a payment?
       Radcred offers grace periods for missed payments, helping you avoid penalties. Customer support is available to assist you with flexible solutions if you experience payment issues. This flexibility makes debt consolidation loans more manageable for those who need assistance with repayment without adding stress to their finances.
    • Is it legal in my state?
       Radcred operates in full compliance with state regulations and adheres to federal lending laws. It ensures that all loans for debt consolidation are available where permitted. Be sure to review your state’s regulations to confirm availability, as laws vary by state regarding personal loans for bad credit.

    About Radcred

    Radcred is a fintech company focused on providing accessible credit solutions to underserved populations. The company’s mission is to democratize access to debt consolidation loans, enabling individuals to manage their debt more effectively. Founded in 2020, Radcred has facilitated thousands of loans and continues to expand its platform. Its core values are transparency, speed, and responsible lending, ensuring borrowers receive reliable, fast financial assistance.

    Disclaimer 

    Loans are subject to approval, and terms vary by lender and state. Not all loan offers are available in every jurisdiction. Applicants should carefully review the terms and conditions before submitting their application. Radcred uses a soft-pull credit inquiry for eligibility, and credit scores are considered but not the sole determining factor for loan approval.

    The MIL Network –

  • MIL-OSI: Tarot Reading Online: How Free Tarot Tools Are Empowering Individuals to Navigate Love and Life

    Source: GlobeNewswire (MIL-OSI)

    New York City, June 21, 2025 (GLOBE NEWSWIRE) — As uncertainty continues to shape the global social and economic landscape, more individuals are turning to spiritual tools for personal insight. Among these, online tarot reading has emerged as a widely accessed form of self-guidance, with free tarot card platforms reporting record engagement in 2025. 

    The rise in interest spans across various life domains—particularly love, career, and financial well-being. According to user trends, many individuals report turning to tarot readings during times of emotional stress, decision-making challenges, or when seeking spiritual grounding.

    What Is Tarot Reading and Why Is It Trending?

    Tarot reading is a centuries-old divination practice that uses a deck of 78 symbolic cards to uncover information about a person’s past, present, and potential future. Each card reflects psychological archetypes, emotions, and life patterns that can be interpreted to offer clarity or new perspectives.

    Traditionally done in person, tarot has transitioned successfully into the digital age. With online tools and platforms offering free access, individuals worldwide can now receive real-time insights without prior experience or travel. This accessibility has contributed to its growing popularity, especially among younger audiences seeking self-help alternatives.

    Motivations Behind the Shift to Online Tarot

    Experts note several reasons why more people are embracing tarot reading in digital spaces:

    • Emotional Healing: Many users report that readings help them process complex feelings and unresolved emotional patterns.
    • Life Navigation: Tarot is often used to evaluate options or choose between significant life paths.
    • Spiritual Exploration: Some individuals use tarot as a means of connecting to higher guidance or exploring spiritual beliefs.
    • Self-Affirmation: Encouraging card interpretations often leave users feeling more confident or supported in their choices.

    New Approach Combines Tarot with Spiritual Messaging

    One development contributing to tarot’s renewed appeal is the integration of spiritual elements, such as angelic interpretations, into the reading process. This hybrid model blends traditional card meanings with intuitive insights believed to channel higher energy or divine guidance. While such practices remain rooted in metaphysical belief systems, users describe them as deeply personal and emotionally resonant.

    Common Use Cases: Love, Career, and Finances

    Popular categories in online tarot reading include:

    • Love & Relationships: Many users seek insight into relationship patterns, soulmate connections, and emotional blockages.
    • Career Guidance: Tarot readings are often used to explore career direction, work challenges, or professional growth opportunities.
    • Financial Outlook: Readings may reveal patterns related to money management, financial blocks, or investment decisions.

    What to Ask During a Tarot Reading

    Professional readers advise that effective tarot sessions begin with specific, open-ended questions. Examples include:

    • “What is blocking my progress right now?”
    • “What should I understand about my current relationship?”
    • “What step will lead me to long-term career success?”

    User Testimonials Highlight Impact

    Recent feedback from online tarot users points to a sense of validation and clarity post-reading. One respondent shared that a reading helped her gain closure after a breakup, while another credited tarot with the confidence needed to make a major career move.

    Tips to Maximize the Reading Experience

    Those seeking accurate readings are advised to:

    • Enter the session with clear intentions
    • Maintain an open mindset
    • Take notes to track recurring themes or patterns
    • Reflect on how the insights can be applied in practical life decisions

    Looking Ahead

    The growth of online tarot suggests a broader cultural shift toward personalized, spiritual tools for well-being and self-awareness. As the world continues to navigate change, platforms offering accessible and reflective guidance are expected to remain relevant.

    Media Contact:
    Email: support@masterlitarot.com
    Website: https://masterlitarot.com/

    Attachment

    The MIL Network –

  • MIL-OSI USA: Refreshments Now Allowed While While Waiting to Vote

    Source: US State of New York

    overnor Kathy Hochul today signed legislation repealing an outdated section of New York’s election law — the new legislation now supports voters by allowing refreshments to be provided as they wait in line to exercise their civic duty. Across the State, voters will be heading to the polls to cast their ballots during a heat wave, with peak temperatures expected to reach upper 90s and “feels-like” temperatures ranging from 85-110 degrees statewide. The Governor updated New Yorkers on the severe weather alert and encouraged voters to cast their ballot during the early voting period ending June 22 — with extreme heat being the number one cause of weather-related deaths, New Yorkers need to take measures to keep cool.

    “Our democracy works best when every eligible voter has a chance to cast their ballot,” Governor Hochul said. “Providing water to voters waiting in line is a common-sense way to ensure New Yorkers have an easy, safe and secure experience in the voting booth. I’m committing to protecting the right to vote for all eligible New Yorkers.”

    The bill repeals New York State Election Law Section 17-140, which allowed for criminal penalties against individuals who provided items of small value to voters at polling sites, including food and water. The legislation removes limitations so that New York voters can be provided with the items such as water without infringing on their right to cast their vote or discouraging voters from participating in any given election.

    State Senator Zellnor Myrie said, “Voting is a civil right, not an endurance contest. With extreme heat forecast for the upcoming election, it’s important that voters at polling places can legally be given water and refreshments while they wait. I’m grateful to Governor Hochul, Assemblymember Simon and the voting rights advocates who helped advance this important bill. New York will always keep fighting to make voting easier and more accessible.”

    State Senator Kristen Gonzalez said, “With a record-setting heatwave set to peak on Election Day, this signing couldn’t have been more timely. New Yorkers shouldn’t be turned off from voting because of uncomfortable line experiences, and people who wish to provide voters with refreshments should not be criminalized. Repealing this provision makes it clear that New York puts people before red tape, and that we’re committed to building a more inclusive, participatory democracy. Thank you to Governor Hochul for signing this bill into law.”

    Assemblymember Jo Anne Simon said, “With high voter turnout and record-breaking temperatures on Primary day, New Yorkers will no longer have to worry about being arrested if someone gives them water or a snack while waiting in line. Voting shouldn’t be an endurance test. This bill removes an outdated barrier and restores common sense to exercising the franchise. I’m grateful to Senator Myrie for his partnership and to Governor Hochul for signing this bill into law.”

    In signing the bill today, Governor Hochul is building on her strong record of strengthening voting rights and expanding access to the ballot throughout her administration. In June 2022, the Governor enacted the John R. Lewis Voting Rights Act, the strongest state-level voting rights act in the nation, protecting New York voters against voter dilution, suppression, intimidation and other barriers to voter participation.

    In December 2022, the Governor enacted legislation expanding the amount of time New Yorkers have to register to vote, moving the deadline for voter registration from 25 days ahead of an election to the constitutionally-allowed minimum of just 10 days ahead of an election. In September 2023, Governor Hochul signed legislation establishing a system for early voting by mail, creating a process allowing all eligible, registered New York voters the opportunity to vote early by mail in advance of an election.

    MIL OSI USA News –

  • Yoga’s global recognition a testament to its timeless relevance, says Om Birla

    Source: Government of India

    Source: Government of India (4)

    Lok Sabha Speaker Om Birla on Friday led the celebrations of the 11th International Day of Yoga at the Parliament complex, where a large number of Members of Parliament, former MPs, and employees from both the Lok Sabha and Rajya Sabha Secretariats participated in the Common Yoga Protocol session.
     
    Addressing the gathering, Birla said that yoga is far more than a physical exercise—it is a profound way of life that enables harmony between the body, mind, and soul. “Yoga empowers individuals with strength, serenity, and spiritual energy,” he said, calling upon citizens to adopt yoga as a daily practice and to share their personal experiences of transformation. Such testimonies, he noted, can serve as an inspiration for others to discover the positive impact of yoga.
     
    Birla urged the youth, in particular, to embrace yoga to develop inner resilience, build self-confidence, and find clarity of purpose in an increasingly demanding world. “Yoga enhances not just our health, but also our ability to live with purpose and peace,” he said.
     
    Highlighting yoga’s growing global appeal, the Speaker noted that the International Day of Yoga is now marked by millions across continents. He said the scale of participation reflects the widespread recognition of yoga’s relevance in contemporary life, transcending cultural boundaries and national borders.
     
    Birla also underlined the scientific validation of yoga, observing that research conducted across the world has acknowledged its positive effects on both physical and mental health. “Yoga helps manage stress, improves focus, and contributes to a more balanced lifestyle,” he said. He emphasised that in today’s modern, high-pressure environment, yoga offers a constructive and peaceful means of channelling energy and building inner strength.
     
    Later in the day, the Lok Sabha Speaker led another yoga session organised by the Brahma Kumaris at the Red Fort premises. Commending the organisation for its role in promoting peace and well-being, Birla said that the Brahma Kumaris have made a lasting contribution to society through their teachings of Raj Yoga and Gyan Yoga.
     
    Referring to his recent visit to Brazil, he said the global influence of the Brahma Kumaris is evident in the way they have strengthened international connections and created a positive impact on diverse communities. “It is a matter of pride that an organisation rooted in Indian spiritual traditions is inspiring people around the world and guiding them toward meaningful inner transformation,” he added.

  • Yoga’s global recognition a testament to its timeless relevance, says Om Birla

    Source: Government of India

    Source: Government of India (4)

    Lok Sabha Speaker Om Birla on Friday led the celebrations of the 11th International Day of Yoga at the Parliament complex, where a large number of Members of Parliament, former MPs, and employees from both the Lok Sabha and Rajya Sabha Secretariats participated in the Common Yoga Protocol session.
     
    Addressing the gathering, Birla said that yoga is far more than a physical exercise—it is a profound way of life that enables harmony between the body, mind, and soul. “Yoga empowers individuals with strength, serenity, and spiritual energy,” he said, calling upon citizens to adopt yoga as a daily practice and to share their personal experiences of transformation. Such testimonies, he noted, can serve as an inspiration for others to discover the positive impact of yoga.
     
    Birla urged the youth, in particular, to embrace yoga to develop inner resilience, build self-confidence, and find clarity of purpose in an increasingly demanding world. “Yoga enhances not just our health, but also our ability to live with purpose and peace,” he said.
     
    Highlighting yoga’s growing global appeal, the Speaker noted that the International Day of Yoga is now marked by millions across continents. He said the scale of participation reflects the widespread recognition of yoga’s relevance in contemporary life, transcending cultural boundaries and national borders.
     
    Birla also underlined the scientific validation of yoga, observing that research conducted across the world has acknowledged its positive effects on both physical and mental health. “Yoga helps manage stress, improves focus, and contributes to a more balanced lifestyle,” he said. He emphasised that in today’s modern, high-pressure environment, yoga offers a constructive and peaceful means of channelling energy and building inner strength.
     
    Later in the day, the Lok Sabha Speaker led another yoga session organised by the Brahma Kumaris at the Red Fort premises. Commending the organisation for its role in promoting peace and well-being, Birla said that the Brahma Kumaris have made a lasting contribution to society through their teachings of Raj Yoga and Gyan Yoga.
     
    Referring to his recent visit to Brazil, he said the global influence of the Brahma Kumaris is evident in the way they have strengthened international connections and created a positive impact on diverse communities. “It is a matter of pride that an organisation rooted in Indian spiritual traditions is inspiring people around the world and guiding them toward meaningful inner transformation,” he added.

  • MIL-OSI United Kingdom: expert reaction to a real-time rapid analysis of heat-related excess mortality for 19-22 June 2025

    Source: United Kingdom – Executive Government & Departments

    Scientists comment on a real-time forecast of heat related deaths during the 19-22 June 2025 heatwave.

    Prof Hannah Cloke, Professor of Hydrology, University of Reading, said:

    “This is a simple, rapid analysis that uses an already understood relationship between heat and excess mortality, and applies the numbers from the ECMWF forecast for average daily temperatures for this weekend. While this isn’t peer reviewed science, it does highlight something we already understand well, that hot weather over a long period kills people. Every one of these figures is an individual person, with a family and a community that will be devastated by their early death. This is no less a tragedy than a plane crash or an outbreak of a deadly disease.

    “Climate change is making heatwaves more common, longer and hotter in the UK, but no-one should die because they are unprepared for hot weather or because their home heats up and kills them. While we should urgently curb emissions to reduce the heating of our planet, saving lives in the future, we can save lives now by adapting our homes and practices so that people don’t die needlessly in hot weather. With better planning, building regulations, and early warnings leading to action, we can stop people from getting dangerously overheated and dying.

    “The study notes a limitation that it does not consider temporal attenuation of temperature. Hot weather is less dangerous if you are able to cool off. You could save a life by checking on a vulnerable or elderly person and helping them to cool down, if just for a few hours. Shading windows or changing your plans to avoid the fiercest daytime heat could be the difference between life and death.”

     

    Dr Chloe Brimicombe, Climate Scientist and Heat Specialist and Freelance Consultant, said: 

    “This real time analysis although alarming is accurate and can be taken into account through syndromic surveillance (real time tracking) by the health service. It is consistent with patterns we see with other UK heatwaves and is good to see this transparency. 

    “Heatwaves might be silent killers but they also subtly impact every part of our society from how we shop to hospital admissions to productivity and our pets and wildlife too. And we need a policy response that brings everyone together and tackles it across society not just the health sector.” 

    ‘Real-time forecast of heat-related excess mortality during the 19-22 June 2025 heatwave in England and Wales’ by Garyfallos Konstantinoudis et al. was published at 00:01 UK time on Saturday 21 June.

    Declared interests

    Prof Hannah Cloke: “works with and advises the Met Office and Environment Agency and a Fellow of ECMWF which provided the forecast data used in the study.”

    Dr Chloe Brimicombe: No disclosure. 

    MIL OSI United Kingdom –

  • MIL-OSI USA: Larsen Tours Tacoma ICE Facility and Meets with Lelo Juarez

    Source: United States House of Representatives – Congressman Rick Larsen (2nd Congressional District Washington)

    Yesterday, Representative Rick Larsen toured the privately-run ICE detention facility in Tacoma and met with Lelo Juarez, and today he released the following statement:

    “During my tour of the privately-run ICE detention facility in Tacoma, I saw the kitchen, the law library, the medical facilities and the housing pods.

    “More than 1,500 people are currently detained in the Tacoma facility – that’s more than twice as many as the start of the year. The facility has not staffed up sufficiently to provide basic services to the people being held there.

    “After the tour, I met with Lelo Juarez, a Northwest Washington state community member who has been detained since March. Lelo is an activist, a union leader, and a husband.

    “I shared with him how the Skagit County and broader Northwest Washington community has rallied around him to fight for his future. He asked for my help to be able to visit with his family in the same room, and I am working to make that possible.

    “I will continue to work with Representative Jayapal, Ranking Member of the Subcommittee on Immigration Integrity, Security, and Enforcement, to ensure people detained by ICE receive basic services and have the opportunity to exercise their constitutional rights.”

    Watch Rep. Larsen’s full comments about the tour here.

    ###

    MIL OSI USA News –

  • MIL-OSI: Kaanch Network Presale Positions Project Among Top Altcoins and Best Crypto Opportunities of 2025

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, June 21, 2025 (GLOBE NEWSWIRE) — Kaanch Network’s token is set to be listed on BitMart and LBank exchanges on June 30th, an important milestone in the project’s mission to revolutionize decentralized finance and asset management. Built on a scalable and affordable Layer 1 blockchain with real-world applications, Kaanch offers developers, business owners, and investors a compelling platform for growth in 2025 and beyond.

    Why Kaanch Presale Signals Opportunity

    The current presale of Kaanch Network is in stage 6 and the tokens are sold at 0.32, with the next stage doubling the value to 0.64. With more than 2.38 million raised, the project is a good indicator of demand by investors, which is attributed to the limited supply of 58 million tokens. During the presale, investors may buy $KNCH with ETH or USDT, and live staking is available, with an APY of up to 30 percent. Kaanch is audited by SpyWolf and VerifyLab, which increases the level of trust and security. Investors who want to invest in Kaanch presale are advised to visit the Kaanch presale site to get tokens before the price rises.

    Unmatched Technology Driving 17600% Growth

    Kaanch Network is the most promising crypto and Layer 1 solution in 2025, and the top traders estimate that it will jump by 17600 percent after listing. It can handle 1.4 million transactions per second (TPS) with finality in 0.8 seconds, which guarantees instant trade execution and the efficient running of smart contracts. It is suitable to use in decentralized applications (dApps), microtransactions, and payment because of its near-zero gas fees. With 3,600 decentralized nodes, Kaanch provides safe and scalable solutions, which outperform competitors, such as Ethereum and Solana, in terms of performance and cost-effectiveness.

    Real-World Asset Tokenization Advantage

    Kaanch is unique in the blockchain industry because it aims to tokenize real-world assets, such as high-value items, such as gold and property. The strategy will allow businesses and individuals to make secure, instant payments, and meet real-world requirements in regulated DeFi and digital identity. Its architecture is enterprise- and developer-friendly and is easily integrated with the most popular blockchains, such as Ethereum, Solana, and Binance Smart Chain, promoting mass adoption. Such a combination of functional usefulness and technical excellence is what makes Kaanch an outstanding investment option among investors who want the finest crypto opportunity.

    Community Governance and BitMart Listing

    The community-based approach adopted by Kaanch enables holders of $KNCH to have power over governance and a simple staking dashboard, which guarantees the long-term commitment and stability of the community. The listing on BitMart and LBank with a fixed price of 30 dollars per token will generate a lot of liquidity and market presence at the end of June 2025. This is a huge premium over the prevailing presale price which highlights the exponential growth potential of Kaanch. Investors who want to invest in this project are advised to visit the Kaanch presale site and purchase the rapidly selling presale to take advantage of this high-potential project before it goes to public trading.

    Conclusion

    The presale of Kaanch Network is the strategic entry point of investors who want to take advantage of the best crypto and Layer 1 blockchain of 2025. Its innovative technology, emphasis on practical asset tokenization, and strong community governance make it a top player in the blockchain industry. The presale is in the last stages and significant exchanges are about to list, so it is time to act. To get your allocation and become a part of a project that will change the face of decentralized finance, visit the Kaanch presale site.

    For more information about Kaanch Network ) visit the links below:

    Website:https://presale.kaanch.com/
    Whitepaper:https://docs.kaanch.network/
    Twitter/X: https://x.com/KaanchNetwork
    Telegram:https://t.me/kaanchnetwork
    Win 1M: https://presale.kaanch.com/win-1-million
    How to buy : https://presale.kaanch.com/how-to-buy

    Frequently Asked Questions (FAQ)

    What is the best crypto to consider right now?
    Kaanch Network is emerging as one of the top crypto opportunities for 2025, with a strong Layer 1 architecture and promising potential for growth.

    What are the top altcoins to watch right now?
    Among emerging altcoins, Kaanch Network is generating attention as a project with significant upside potential in the coming months.

    Which crypto projects under $1 have strong potential?
    With its presale price offering entry below $1, Kaanch Network is being seen as one of the best cryptos under $1 for long-term potential.

    What are some of the best Layer 1 crypto projects to follow?
    Kaanch Network stands out among new Layer 1 blockchain projects, thanks to its innovative design, scalability, and community-driven development.

    Can Kaanch Network achieve 100x or 1000x gains?
    While no investment is guaranteed, Kaanch Network’s strong fundamentals and market positioning have led some analysts to suggest it could be one of the Layer 1 projects capable of significant returns over time.

    Why is Kaanch considered one of the best crypto opportunities for 2025?
    With unique technology, an active presale, and growing community interest, Kaanch is viewed by many as one of the most promising crypto opportunities heading into 2025.

    Disclaimer: This is a paid post and is provided by Kaanch Network. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/298a4abe-17b8-466d-acf2-cdf327837ada

    https://www.globenewswire.com/NewsRoom/AttachmentNg/9edd5721-19cc-436d-99be-ad92e49b6c0f

    https://www.globenewswire.com/NewsRoom/AttachmentNg/95496026-545e-4f73-a16f-83017b364f7d

    The MIL Network –

  • MIL-OSI: Kaanch Network Presale Positions Project Among Top Altcoins and Best Crypto Opportunities of 2025

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, June 21, 2025 (GLOBE NEWSWIRE) — Kaanch Network’s token is set to be listed on BitMart and LBank exchanges on June 30th, an important milestone in the project’s mission to revolutionize decentralized finance and asset management. Built on a scalable and affordable Layer 1 blockchain with real-world applications, Kaanch offers developers, business owners, and investors a compelling platform for growth in 2025 and beyond.

    Why Kaanch Presale Signals Opportunity

    The current presale of Kaanch Network is in stage 6 and the tokens are sold at 0.32, with the next stage doubling the value to 0.64. With more than 2.38 million raised, the project is a good indicator of demand by investors, which is attributed to the limited supply of 58 million tokens. During the presale, investors may buy $KNCH with ETH or USDT, and live staking is available, with an APY of up to 30 percent. Kaanch is audited by SpyWolf and VerifyLab, which increases the level of trust and security. Investors who want to invest in Kaanch presale are advised to visit the Kaanch presale site to get tokens before the price rises.

    Unmatched Technology Driving 17600% Growth

    Kaanch Network is the most promising crypto and Layer 1 solution in 2025, and the top traders estimate that it will jump by 17600 percent after listing. It can handle 1.4 million transactions per second (TPS) with finality in 0.8 seconds, which guarantees instant trade execution and the efficient running of smart contracts. It is suitable to use in decentralized applications (dApps), microtransactions, and payment because of its near-zero gas fees. With 3,600 decentralized nodes, Kaanch provides safe and scalable solutions, which outperform competitors, such as Ethereum and Solana, in terms of performance and cost-effectiveness.

    Real-World Asset Tokenization Advantage

    Kaanch is unique in the blockchain industry because it aims to tokenize real-world assets, such as high-value items, such as gold and property. The strategy will allow businesses and individuals to make secure, instant payments, and meet real-world requirements in regulated DeFi and digital identity. Its architecture is enterprise- and developer-friendly and is easily integrated with the most popular blockchains, such as Ethereum, Solana, and Binance Smart Chain, promoting mass adoption. Such a combination of functional usefulness and technical excellence is what makes Kaanch an outstanding investment option among investors who want the finest crypto opportunity.

    Community Governance and BitMart Listing

    The community-based approach adopted by Kaanch enables holders of $KNCH to have power over governance and a simple staking dashboard, which guarantees the long-term commitment and stability of the community. The listing on BitMart and LBank with a fixed price of 30 dollars per token will generate a lot of liquidity and market presence at the end of June 2025. This is a huge premium over the prevailing presale price which highlights the exponential growth potential of Kaanch. Investors who want to invest in this project are advised to visit the Kaanch presale site and purchase the rapidly selling presale to take advantage of this high-potential project before it goes to public trading.

    Conclusion

    The presale of Kaanch Network is the strategic entry point of investors who want to take advantage of the best crypto and Layer 1 blockchain of 2025. Its innovative technology, emphasis on practical asset tokenization, and strong community governance make it a top player in the blockchain industry. The presale is in the last stages and significant exchanges are about to list, so it is time to act. To get your allocation and become a part of a project that will change the face of decentralized finance, visit the Kaanch presale site.

    For more information about Kaanch Network ) visit the links below:

    Website:https://presale.kaanch.com/
    Whitepaper:https://docs.kaanch.network/
    Twitter/X: https://x.com/KaanchNetwork
    Telegram:https://t.me/kaanchnetwork
    Win 1M: https://presale.kaanch.com/win-1-million
    How to buy : https://presale.kaanch.com/how-to-buy

    Frequently Asked Questions (FAQ)

    What is the best crypto to consider right now?
    Kaanch Network is emerging as one of the top crypto opportunities for 2025, with a strong Layer 1 architecture and promising potential for growth.

    What are the top altcoins to watch right now?
    Among emerging altcoins, Kaanch Network is generating attention as a project with significant upside potential in the coming months.

    Which crypto projects under $1 have strong potential?
    With its presale price offering entry below $1, Kaanch Network is being seen as one of the best cryptos under $1 for long-term potential.

    What are some of the best Layer 1 crypto projects to follow?
    Kaanch Network stands out among new Layer 1 blockchain projects, thanks to its innovative design, scalability, and community-driven development.

    Can Kaanch Network achieve 100x or 1000x gains?
    While no investment is guaranteed, Kaanch Network’s strong fundamentals and market positioning have led some analysts to suggest it could be one of the Layer 1 projects capable of significant returns over time.

    Why is Kaanch considered one of the best crypto opportunities for 2025?
    With unique technology, an active presale, and growing community interest, Kaanch is viewed by many as one of the most promising crypto opportunities heading into 2025.

    Disclaimer: This is a paid post and is provided by Kaanch Network. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/298a4abe-17b8-466d-acf2-cdf327837ada

    https://www.globenewswire.com/NewsRoom/AttachmentNg/9edd5721-19cc-436d-99be-ad92e49b6c0f

    https://www.globenewswire.com/NewsRoom/AttachmentNg/95496026-545e-4f73-a16f-83017b364f7d

    The MIL Network –

  • MIL-OSI Economics: US Oil Production at Current Prices Peaks – Sechin

    Source: Rosneft

    Headline: US Oil Production at Current Prices Peaks – Sechin

    US oil production at current prices has probably reached its peak, Rosneft CEO Igor Sechin said at the Energy Panel of the XXVIII St. Petersburg International Economic Forum.

    Delivering a keynote speech, the CEO called the energy policy initially announced by the new US administration promising. However, most of these goals have not yet been achieved: tariff wars have led to a drop in oil prices, while taxes for the oil industry remain at the same level and interest rates have not been reduced. Given this backdrop, the number of active drilling rigs has fallen 9% to 439 over the past two months and oil production growth has stalled. In less than a year, the U.S. Department of Energy has lowered its forecast for U.S. oil production by the end of 2025 by 400 thousand barrels per day.

    “At current prices, the USA oil production appears to have peaked,” Sechin said, noting that Diamondback Energy and ConocoPhillips recently voiced this opinion. And Liberty Energy, an oilfield services company founded by U.S. Energy Secretary Chris Wright, expects a significant slowdown in drilling activity in the second half of this year, which should lead to a reduction in the U.S. drilling fleet by about 10% more. “Not surprisingly, against this backdrop, many shale players have already started cutting investments,” said Rosneft’s CEO.

    He noted that the sharp drop in oil prices this year has already led to a revision of investment plans. According to the IEA’s latest estimate, this year, for the first time in five years, global investments in oil exploration and production will drop by 6%, while in the U.S. the drop will amount to about 10%.  “I think this is just the beginning,” the CEO of Rosneft remarked.

    “The new head of the US Treasury Department, Scott Bessent, has repeatedly stated that the success of Trump’s second presidential term requires oil production growth in the US in the amount of three million barrels per day. This is part of a so-called “3-3-3 Plan” which also envisages cutting the US budget deficit down to 3% of GDP and reaching 3% of GDP increase,” Igor Sechin reminded.

    The CEO of the Company also asks the question, what difference does it make for the US market where these barrels will come from? “Quite possibly, those may be barrels produced in OPEC+ countries. Since late last year the alliance has consistently reiterated the need to ramp up production due to changes in consumption,” Sechin said.

    The CEO also noted that in addition to the interest of states, the interests of shareholders should be taken into account. Low oil prices in the current period do not allow many companies to maintain the same level of dividend payments and share buybacks, said the CEO of Rosneft. According to Rystad Energy experts, which Sechin cited, if the oil majors maintain their payments to shareholders, they will have to almost completely abandon investments or significantly increase their debt as early as this year.

    “The fall in prices has already started to affect the major players. BP and Chevron will reduce share buybacks by almost 60% and 30%, respectively , while Aramco has to build up debt to be able to pay dividends,” the CEO said.

    Department of Information and Advertising
    Rosneft Oil Company
    June 21, 2025

    MIL OSI Economics –

  • MIL-OSI Economics: US Oil Production at Current Prices Peaks – Sechin

    Source: Rosneft

    Headline: US Oil Production at Current Prices Peaks – Sechin

    US oil production at current prices has probably reached its peak, Rosneft CEO Igor Sechin said at the Energy Panel of the XXVIII St. Petersburg International Economic Forum.

    Delivering a keynote speech, the CEO called the energy policy initially announced by the new US administration promising. However, most of these goals have not yet been achieved: tariff wars have led to a drop in oil prices, while taxes for the oil industry remain at the same level and interest rates have not been reduced. Given this backdrop, the number of active drilling rigs has fallen 9% to 439 over the past two months and oil production growth has stalled. In less than a year, the U.S. Department of Energy has lowered its forecast for U.S. oil production by the end of 2025 by 400 thousand barrels per day.

    “At current prices, the USA oil production appears to have peaked,” Sechin said, noting that Diamondback Energy and ConocoPhillips recently voiced this opinion. And Liberty Energy, an oilfield services company founded by U.S. Energy Secretary Chris Wright, expects a significant slowdown in drilling activity in the second half of this year, which should lead to a reduction in the U.S. drilling fleet by about 10% more. “Not surprisingly, against this backdrop, many shale players have already started cutting investments,” said Rosneft’s CEO.

    He noted that the sharp drop in oil prices this year has already led to a revision of investment plans. According to the IEA’s latest estimate, this year, for the first time in five years, global investments in oil exploration and production will drop by 6%, while in the U.S. the drop will amount to about 10%.  “I think this is just the beginning,” the CEO of Rosneft remarked.

    “The new head of the US Treasury Department, Scott Bessent, has repeatedly stated that the success of Trump’s second presidential term requires oil production growth in the US in the amount of three million barrels per day. This is part of a so-called “3-3-3 Plan” which also envisages cutting the US budget deficit down to 3% of GDP and reaching 3% of GDP increase,” Igor Sechin reminded.

    The CEO of the Company also asks the question, what difference does it make for the US market where these barrels will come from? “Quite possibly, those may be barrels produced in OPEC+ countries. Since late last year the alliance has consistently reiterated the need to ramp up production due to changes in consumption,” Sechin said.

    The CEO also noted that in addition to the interest of states, the interests of shareholders should be taken into account. Low oil prices in the current period do not allow many companies to maintain the same level of dividend payments and share buybacks, said the CEO of Rosneft. According to Rystad Energy experts, which Sechin cited, if the oil majors maintain their payments to shareholders, they will have to almost completely abandon investments or significantly increase their debt as early as this year.

    “The fall in prices has already started to affect the major players. BP and Chevron will reduce share buybacks by almost 60% and 30%, respectively , while Aramco has to build up debt to be able to pay dividends,” the CEO said.

    Department of Information and Advertising
    Rosneft Oil Company
    June 21, 2025

    MIL OSI Economics –

  • MIL-OSI Economics: OPEC+ Decision on Production Growth Justified, Oil Reserves at Minimum Level – Rosneft CEO

    Source: Rosneft

    Headline: OPEC+ Decision on Production Growth Justified, Oil Reserves at Minimum Level – Rosneft CEO

    Rosneft CEO Igor Sechin called decision by OPEC+ to forcefully increase oil production justified and far-sighted.

    During his keynote speech at the Energy Panel of the XXVIII St. Petersburg International Economic Forum, Sechin noted that the announced increase in production since May this year is three times higher than the alliance’s original plan. In addition, the entire OPEC+ production increase could be pushed back a year ahead of plan.

    “The decision of OPEC leaders to boost production appears today a very forward-looking and, a justified one from the market standpoint, given the consumers’ interest in light of uncertainty pertaining to the scope of the Iran-Israel conflict,” the CEO said.

    At the same time, Sechin noted, “Despite the announced production growth, there can be no question of an oil excess in the market in the long run” as “world oil reserves are now at their lowest levels in five years”.

    “Low oil prices suit consumers in the US, where the inflation-adjusted price of gasoline has already returned to 2019 levels. It is no coincidence that this is happening against the backdrop of the White House’s intensified Middle East policy and the conclusion of a number of agreements with key countries in the region”, – said the CEO of Rosneft.

    Department of Information and Advertising
    Rosneft Oil Company
    June 21, 2025

    MIL OSI Economics –

  • MIL-OSI Economics: OPEC+ Decision on Production Growth Justified, Oil Reserves at Minimum Level – Rosneft CEO

    Source: Rosneft

    Headline: OPEC+ Decision on Production Growth Justified, Oil Reserves at Minimum Level – Rosneft CEO

    Rosneft CEO Igor Sechin called decision by OPEC+ to forcefully increase oil production justified and far-sighted.

    During his keynote speech at the Energy Panel of the XXVIII St. Petersburg International Economic Forum, Sechin noted that the announced increase in production since May this year is three times higher than the alliance’s original plan. In addition, the entire OPEC+ production increase could be pushed back a year ahead of plan.

    “The decision of OPEC leaders to boost production appears today a very forward-looking and, a justified one from the market standpoint, given the consumers’ interest in light of uncertainty pertaining to the scope of the Iran-Israel conflict,” the CEO said.

    At the same time, Sechin noted, “Despite the announced production growth, there can be no question of an oil excess in the market in the long run” as “world oil reserves are now at their lowest levels in five years”.

    “Low oil prices suit consumers in the US, where the inflation-adjusted price of gasoline has already returned to 2019 levels. It is no coincidence that this is happening against the backdrop of the White House’s intensified Middle East policy and the conclusion of a number of agreements with key countries in the region”, – said the CEO of Rosneft.

    Department of Information and Advertising
    Rosneft Oil Company
    June 21, 2025

    MIL OSI Economics –

  • President participates in mass yoga event in Uttarakhand

    Source: Government of India

    Source: Government of India (4)

    President Droupadi Murmu on Saturday participated in a mass yoga demonstration at the Uttarakhand State Police Line Maidan in Dehradun to mark the 10th International Day of Yoga, joining thousands across the globe in celebrating the ancient Indian tradition.
     
    Addressing participants after the session, the President extended her greetings to all those practising yoga worldwide. Reflecting on the global recognition of yoga since the United Nations designated June 21 as International Yoga Day in 2015, President Murmu described yoga as a shared heritage of humanity and an example of India’s growing soft power.
     
    “Yoga is not just about physical fitness, it is the art of living a healthy and balanced life,” the President said, adding that its practice contributes to the well-being of not just individuals, but also families, societies, and nations. “When a person is healthy, the family tends to remain healthy. When the family and society remain healthy, the country remains healthy.”
     
    President Murmu also underscored the deeper meaning of yoga, noting that the word itself means ‘to connect’. “The practice of yoga connects the body, mind, and soul of a person and promotes overall health. But it also fosters connection among individuals, communities, and even countries,” she said.
     
    Emphasising the preventive benefits of yoga, the President referred to the commonly accepted notion that prevention is better than cure, and urged people to adopt yoga as a daily discipline. “Yoga is very useful in prevention. I urge all to make it an integral part of life and inspire others to do the same,” she said.
     
    The mass demonstration in Dehradun was part of a nationwide celebration that saw citizens from all walks of life participating in yoga sessions at schools, public parks, and cultural institutions. This year’s theme, ‘Yoga for One Earth, One Health’, aligns with India’s ongoing efforts to promote holistic wellness at both the individual and collective levels.

  • MIL-OSI Asia-Pac: Xia Baolong attends NSL forum

    Source: Hong Kong Information Services

    CPC Central Committee Hong Kong & Macao Work Office Director and State Council Hong Kong & Macao Affairs Office Director Xia Baolong today attended the 5th Anniversary of Promulgation & Implementation of Hong Kong National Security Law Forum and visited the National Security Exhibition Gallery in Hong Kong.

    In the morning, Mr Xia attended the forum held at the Convention & Exhibition Centre and delivered a keynote speech. Chief Executive John Lee also gave a keynote address at the forum.

    Organised by the Hong Kong Special Administrative Region Government, the forum aimed to review and preview the development of Hong Kong’s legal system in safeguarding national security, and enhance the understanding and awareness of various sectors of the community regarding the protection of national security.

    Mr Xia, accompanied by Mr Lee, then visited the National Security Exhibition Gallery at the Museum of History to view the 5th Anniversary of Promulgation & Implementation of Hong Kong National Security Law Thematic Exhibition.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Legal experts, academics and young leaders participate in afternoon session of 5th Anniversary of Promulgation & Implementation of Hong Kong National Security Law Forum (with photos)

    Source: Hong Kong Government special administrative region

    Legal experts, academics and young leaders participate in afternoon session of 5th Anniversary of Promulgation & Implementation of Hong Kong National Security Law Forum  
    In the afternoon session of the Forum, Mr Lam said in his welcome remarks that the most important direction for safeguarding national security in the future is to balance the relation between security and development, strictly adhering to the principle of rule of law and the requirements of respecting and protecting human rights and freedoms set out in Articles 4 and 5 of the HKNSL. This, he said, would enable members of the public to study, work and live with peace of mind and unite to seek breakthroughs and changes, overcoming various challenges to consolidate Hong Kong’s status as an international centre in several areas and encouraging people from abroad to be willing and eager to come to Hong Kong for their development.
     
    The Director of the Research Office of the HKSAR Basic Law Committee and Macao Special Administrative Region Basic Law Committee of the Standing Committee of the National People’s Congress, Mr Yang Zhaoye, delivered a keynote speech in which he examined the significance and remarkable achievements of the implementation of the HKNSL over the past five years, as well as its key role in safeguarding Hong Kong’s prosperity, stability and people’s livelihood.
     
    There were two panel sessions in the Forum. With the theme of “The legal great wall for refining and safeguarding national security”, legal experts and academics reviewed in the first session the legislative intent and background of the HKNSL. They also had an in-depth discussion on how national security is effectively safeguarded under the compatibility and complementary of the laws including the HKNSL and the Safeguarding National Security Ordinance, and looked ahead to the future development of the HKSAR’s legal system for safeguarding national security.
     
    In the second session, titled “An arduous and important journey – our youth sharing the mission to safeguard national security”, Mr Lam engaged with young leaders from various sectors to explore the vital role of young people in safeguarding national security, and envisage further joint endeavours between the Government and the community in enhancing legal literacy. This, he said, would better jointly promote the concepts of “security brings prosperity” and “respecting and observing the law”, and have them rooted in the community, enabling members of the public to identify themselves closely with the harmony and stability brought about by national security, making “being patriotic and loving Hong Kong” a mainstream value among the city’s younger generation.
     
    Concluding the Forum, the Deputy Secretary for Justice, Dr Cheung Kwok-kwan, said that today’s Forum aimed to provide an in-depth and broad discussion loaded with insights and humour. He added that the number of young attendees of the Forum was believed to be the highest in the history of national security legal forums held by the Department of Justice. He said that safeguarding national security is the responsibility of every generation and must be passed from generation to generation. Dr Cheung also emphasised that Hong Kong has built legal protection measures for safeguarding national security, and that Hong Kong’s future will be bright as long as the city remains vigilant at all times, seizing the opportunity to integrate into the national development and deepening international exchanges and co-operation.
    Issued at HKT 22:40

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI Russia: Biography of Singapore Prime Minister Lawrence Wong

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    BEIJING, June 21 (Xinhua) — Singaporean Prime Minister Lawrence Wong will pay an official visit to China from June 22 to 26 at the invitation of Chinese Premier Li Qiang.

    Lawrence Wong was born in December 1972. He was elected to the Singapore Parliament in 2011 and has served successively as Minister for Culture, Community and Youth, Minister for National Development, Minister for Education and Minister for Finance.

    In 2022, the politician took up the post of Deputy Prime Minister, simultaneously serving as Minister of Finance. In May 2024, he became Prime Minister, retaining the post of head of the Ministry of Finance, and in May 2025, he began his second term in this post. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: Iranian drone hits residential building in northern Israel – IDF

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    JERUSALEM, June 21 (Xinhua) — Iran launched 10 drones toward Israel on Saturday morning, the Israel Defense Forces (IDF) said.

    One of the drones hit a two-story residential building in the northern Israeli city of Beit She’an, causing significant damage but no one was hurt, Israel’s Magen David Adom national health service said.

    Another drone crashed in an open area in the Negev Desert in southern Israel, causing no casualties. The IDF said the remaining eight UAVs were intercepted by Israeli air defenses.

    Earlier on Saturday, five rockets were fired from Iran before dawn towards central Israel.

    All rockets were intercepted by the Israeli Air Force, and there were no reports of casualties, the IDF said.

    According to Magen David Adom, a fallen fragment of an intercepted drone caused a fire in a residential building in Tel Aviv. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: Over 1,200 Afghan refugee families returned to their homeland in one day

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    KABUL, June 21 (Xinhua) — A total of 1,247 Afghan refugee families returned home from neighboring Iran and Pakistan on Friday, state-run Bakhtar News Agency reported Saturday.

    All returnees were reportedly provided with necessary assistance by government agencies at checkpoints before leaving for their home provinces.

    Hundreds of Afghans are returning home every day since Pakistan and Iran began deporting foreign nationals living illegally on their soil.

    About seven million Afghan refugees live abroad. Two million refugees, mostly from neighboring Pakistan and Iran, are believed to have returned to Afghanistan in the past year. Host countries are pressuring undocumented refugees to return home. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: Over 400 people have died in Iran since the conflict with Israel began — Health Ministry

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    TEHRAN, June 21 (Xinhua) — Israeli strikes have killed more than 400 Iranians and injured 3,056 in the past nine days, Health Ministry public relations chief Hossein Kermanpour said on Saturday.

    “Among the injured, 2,220 people received treatment and were discharged from the Ministry of Health hospitals, and 232 people were provided outpatient care on the spot,” H. Kermanpour reported on the social network X.

    The official said most of the victims in the Israeli strikes were civilians, with 54 of the dead being women and children. –0–

    MIL OSI Russia News –

  • MIL-OSI Canada: Premier’s, minister’s statements on National Indigenous Peoples Day

    Source: Government of Canada regional news

    Premier David Eby has issued the following statement celebrating National Indigenous Peoples Day:

    “Today, people throughout the province and country are coming together to celebrate the rich cultures and many contributions of First Nations, Inuit and Métis Peoples.

    “Indigenous Peoples have stewarded the lands and waters of this country for millennia. They have made important contributions to all areas of civic life, from arts and culture to science and law. They continue to create positive change in their communities and beyond. And they have done it all while healing from past harms.

    “National Indigenous Peoples Day is an opportunity to honour this strength, bravery and resilience. It is an invitation to learn more about the past, present and future of Indigenous Peoples. And it is a call to action to stand up against Indigenous-specific racism, including residential school denialism. We all have a role to play.

    “Our government is committed to working toward a future rooted in reconciliation, respect and the recognition of Indigenous rights.

    “In partnership with Indigenous Peoples, our government continues to lead Canada in our work to implement the Declaration on the Rights of Indigenous Peoples Act. We are also working together to advance shared priorities, such as improving access to health care, building more homes and growing a stronger, more diversified economy.

    “Today is also the summer solstice, which holds cultural significance for Indigenous Peoples who welcome the longest day of the year with traditional ceremonies and celebrations. Many Indigenous communities generously invite neighbouring communities to join them on this special day. From festivals and powwows to films and art exhibits, there are many family-friendly events to enjoy throughout the province.

    “As we celebrate National Indigenous Peoples Day, I encourage everyone to take the opportunity to get out in their community and learn about the Indigenous Peoples who call it home. Today, as we enjoy the most daylight of the year, we can all help build a brighter future for everyone.”

    Christine Boyle, Minister of Indigenous Relations and Reconciliation, said:

    “On this National Indigenous Peoples Day, we honour the many ways in which the leadership of Indigenous Peoples continues to shape B.C. for the better. From the celebrations at Royal Roads University on Vancouver Island to the community event at Lheidli T’enneh Memorial Park in Prince George to the block party at the Carnegie Community Centre in Vancouver, let’s come together in celebration and reflection. Today, let’s ask ourselves what each of us can do to advance, collectively, in a good way, now and for future generations.”

    MIL OSI Canada News –

  • MIL-OSI Canada: Statement by ministers Guilbeault, Alty, Gull-Masty and Chartrand on National Indigenous Peoples Day

    Source: Government of Canada News

    This Statement is also be available in the following languages:

    1. Cree (Eastern)
    2. Denesuline
    3. Inuktituk
    4. Innu-Aimun
    5. Mi’kmaq
    6. Michif
    7. Oji-Cree
    8. Ojibway (Western)
    9. Plains Cree

    OTTAWA – ancestral land of the Algonquin People, June 21, 2025

    The Honourable Steven Guilbeault, Minister of Canadian Identity and Culture and Minister responsible for Official Languages; the Honourable Rebecca Alty, Minister of Crown–Indigenous Relations; the Honourable Mandy Gull-Masty, Minister of Indigenous Services; and the Honourable Rebecca Chartrand, Minister of Northern and Arctic Affairs and Minister responsible for the Canadian Northern Economic Development Agency, issued the following statement:

    “Today, on National Indigenous Peoples Day, we recognize and celebrate the diverse languages, cultures, histories and contributions of First Nations, Inuit and Métis across Canada. Coinciding with the summer solstice, the longest day of the year, this day holds deep significance for many Indigenous communities and is a moment to honour Indigenous leadership, knowledge, traditions and ways of being.

    Reconciliation is not just about acknowledging the past; it is about acting in the present and shaping a better future, together. It means renewing the relationship between Indigenous Peoples and non-Indigenous Canadians, built on respect, truth and partnership.

    Our government is committed to being a partner to Indigenous peoples and to supporting their full participation in economic opportunities that will benefit current and future generations, as Indigenous equity and leadership will be pivotal in building a strong Canadian economy.

    As we mark this day, we invite everyone in Canada to take part in Indigenous-led events and celebrations happening from coast to coast to coast. Whether through ceremony, art, language or food, these experiences are an opportunity to deepen our understanding of the lands we live on and the peoples who have called them home since time immemorial.

    Canada’s strength is rooted in the distinct histories and identities of its peoples, and First Nations, Inuit and Métis voices, rights and worldviews are central to building a stronger, more united Canada—and to shaping our shared future with strength, pride and resilience.

    MIL OSI Canada News –

  • MIL-OSI Economics: China Moves Towards Full Energy Independence to Become Major Energy Exporter – Rosneft CEO

    Source: Rosneft

    Headline: China Moves Towards Full Energy Independence to Become Major Energy Exporter – Rosneft CEO

    China is moving towards full energy independence and will turn from an importer to a major energy exporter in the foreseeable future, Rosneft CEO Igor Sechin said in his report at the Energy Panel of the XXVIII St. Petersburg International Economic Forum.

    He noted that China is a unique example of a competent approach to energy system development – the country now accounts for a third of the world’s investments in the energy sector.

    “In my opinion, China, which has already ensured its energy security, is confidently moving towards complete energy independence, forming a stable energy balance based on its own resources. There is no doubt, taking into account the persistence and professionalism of the Chinese comrades, that in the foreseeable future they will achieve the desired result, which will turn China from an importer of energy resources into a major energy exporter,” said the CEO of Rosneft.

    According to Igor Sechin, in recent years it is in China that the largest amount of new renewable energy capacity has been commissioned and more than 70% of the world’s capacity for the production of equipment for the “green” economy is located. This applies to the entire value chain: from critical minerals to the production of high-tech equipment that has no analogues in Western countries.

    Rosneft’s CEO also noted China’s efforts in increasing investments in related infrastructure: investments in power grids increased by 15% last year and may double this year. “investments in rechargeable batteries have grown almost fivefold to $11 billion. As of today, the total capacity of such batteries in China exceeds 35 GW , which amounts to two-thirds of the entire global capacity,” Igor Sechin said.

    At the same time, China has never given up fossil fuels. Over the last five years, the country has outpaced the rest of the world in terms of commissioning new coal-fired generation capacity. “Today, coal accounts for almost 60% of China’s electricity generation. Last year alone, China issued permits for about 100 gigawatts of new coal-fired power generation, the highest in a decade, which should strengthen coal’s role in the grid,” emphasized the CEO of Rosneft.

    China’s efforts to strengthen its own energy security have drawn a barrage of criticism, often disguised as concern for the environment. “As the outstanding Chinese strategist and thinker Sun Tzu aptly noted two and a half thousand years ago: ‘The more brilliant your plan, the fewer people will agree with it,’” the Rosneft CEO added. 

    According to Sechin, China’s coordinated approach to energy security is particularly clear from the example of electric cars. The growth of their sales led to a significant slowdown in demand for motor fuel last year, and “the continuation of this trend may have a significant reversing effect on the balance of the oil market”.

    An important part of China’s strategy to reduce its dependence on energy imports is the processing of coal into synthetic fuels and chemical products. “Chinese companies are investing billions of dollars in the development of this industry. According to experts, today in China 40 million tons of coal is used to produce synthetic fuels and more than 260 mln tons for ammonia and methanol production,” Igor Sechin concluded.

    Department of Information and Advertising
    Rosneft Oil Company
    June 21, 2025

    MIL OSI Economics –

  • MIL-OSI Economics: China Moves Towards Full Energy Independence to Become Major Energy Exporter – Rosneft CEO

    Source: Rosneft

    Headline: China Moves Towards Full Energy Independence to Become Major Energy Exporter – Rosneft CEO

    China is moving towards full energy independence and will turn from an importer to a major energy exporter in the foreseeable future, Rosneft CEO Igor Sechin said in his report at the Energy Panel of the XXVIII St. Petersburg International Economic Forum.

    He noted that China is a unique example of a competent approach to energy system development – the country now accounts for a third of the world’s investments in the energy sector.

    “In my opinion, China, which has already ensured its energy security, is confidently moving towards complete energy independence, forming a stable energy balance based on its own resources. There is no doubt, taking into account the persistence and professionalism of the Chinese comrades, that in the foreseeable future they will achieve the desired result, which will turn China from an importer of energy resources into a major energy exporter,” said the CEO of Rosneft.

    According to Igor Sechin, in recent years it is in China that the largest amount of new renewable energy capacity has been commissioned and more than 70% of the world’s capacity for the production of equipment for the “green” economy is located. This applies to the entire value chain: from critical minerals to the production of high-tech equipment that has no analogues in Western countries.

    Rosneft’s CEO also noted China’s efforts in increasing investments in related infrastructure: investments in power grids increased by 15% last year and may double this year. “investments in rechargeable batteries have grown almost fivefold to $11 billion. As of today, the total capacity of such batteries in China exceeds 35 GW , which amounts to two-thirds of the entire global capacity,” Igor Sechin said.

    At the same time, China has never given up fossil fuels. Over the last five years, the country has outpaced the rest of the world in terms of commissioning new coal-fired generation capacity. “Today, coal accounts for almost 60% of China’s electricity generation. Last year alone, China issued permits for about 100 gigawatts of new coal-fired power generation, the highest in a decade, which should strengthen coal’s role in the grid,” emphasized the CEO of Rosneft.

    China’s efforts to strengthen its own energy security have drawn a barrage of criticism, often disguised as concern for the environment. “As the outstanding Chinese strategist and thinker Sun Tzu aptly noted two and a half thousand years ago: ‘The more brilliant your plan, the fewer people will agree with it,’” the Rosneft CEO added. 

    According to Sechin, China’s coordinated approach to energy security is particularly clear from the example of electric cars. The growth of their sales led to a significant slowdown in demand for motor fuel last year, and “the continuation of this trend may have a significant reversing effect on the balance of the oil market”.

    An important part of China’s strategy to reduce its dependence on energy imports is the processing of coal into synthetic fuels and chemical products. “Chinese companies are investing billions of dollars in the development of this industry. According to experts, today in China 40 million tons of coal is used to produce synthetic fuels and more than 260 mln tons for ammonia and methanol production,” Igor Sechin concluded.

    Department of Information and Advertising
    Rosneft Oil Company
    June 21, 2025

    MIL OSI Economics –

  • MIL-OSI Economics: Rosneft Finalizes Development of GTL Technology, Plans Introduction in Taimyr Project – Sechin

    Source: Rosneft

    Headline: Rosneft Finalizes Development of GTL Technology, Plans Introduction in Taimyr Project – Sechin

    Igor Sechin, Chief Executive Officer of Rosneft, speaking at the Energy Panel at the XXVIII St. Petersburg International Economic Forum, said that the Company has completed the development of proprietary technologies and catalysts throughout the entire chain of the GTL* process using Fischer-Tropsch synthesis.

    “I would also like to inform that Rosneft has completed the development of proprietary technologies and catalysts throughout the entire chain of the GTL process using Fischer-Tropsch synthesis. All stages of the technological process are covered by respective patents. We plan to introduce this technology in Taimyr,” Igor Sechin said.

    The CEO of the Company demonstrated to the participants of the energy panel a flask with the obtained fuel, noting that it is synthetic oil consisting of the purest hydrocarbon molecules, with zero sulfur content. “To anyone who is interested, we are ready to provide samples,” he added, addressing the participants and audience of the Energy Panel.

    Speaking about the importance of such fuel, Igor Sechin cited the example of China, where an important part of the strategy to reduce dependence on energy imports is the processing of coal into synthetic fuels and chemical products. “Chinese companies are investing billions of dollars in the development of this industry. According to experts, today in China 40 million tons of coal is used to produce synthetic fuels and more than 260 mln tons for ammonia and methanol production,” Igor Sechin emphasized.

    * GTL or Gas-to-Liquid is a technology for converting natural gas into high quality liquid hydrocarbons such as diesel fuel, gasoline, and others.

    Department of Information and Advertising
    Rosneft Oil Company
    June 21, 2025

    MIL OSI Economics –

  • MIL-OSI Economics: Rosneft Finalizes Development of GTL Technology, Plans Introduction in Taimyr Project – Sechin

    Source: Rosneft

    Headline: Rosneft Finalizes Development of GTL Technology, Plans Introduction in Taimyr Project – Sechin

    Igor Sechin, Chief Executive Officer of Rosneft, speaking at the Energy Panel at the XXVIII St. Petersburg International Economic Forum, said that the Company has completed the development of proprietary technologies and catalysts throughout the entire chain of the GTL* process using Fischer-Tropsch synthesis.

    “I would also like to inform that Rosneft has completed the development of proprietary technologies and catalysts throughout the entire chain of the GTL process using Fischer-Tropsch synthesis. All stages of the technological process are covered by respective patents. We plan to introduce this technology in Taimyr,” Igor Sechin said.

    The CEO of the Company demonstrated to the participants of the energy panel a flask with the obtained fuel, noting that it is synthetic oil consisting of the purest hydrocarbon molecules, with zero sulfur content. “To anyone who is interested, we are ready to provide samples,” he added, addressing the participants and audience of the Energy Panel.

    Speaking about the importance of such fuel, Igor Sechin cited the example of China, where an important part of the strategy to reduce dependence on energy imports is the processing of coal into synthetic fuels and chemical products. “Chinese companies are investing billions of dollars in the development of this industry. According to experts, today in China 40 million tons of coal is used to produce synthetic fuels and more than 260 mln tons for ammonia and methanol production,” Igor Sechin emphasized.

    * GTL or Gas-to-Liquid is a technology for converting natural gas into high quality liquid hydrocarbons such as diesel fuel, gasoline, and others.

    Department of Information and Advertising
    Rosneft Oil Company
    June 21, 2025

    MIL OSI Economics –

  • MIL-OSI Global: Assisted dying – medical anthropolgist on the complex practical and ethical road ahead

    Source: The Conversation – UK – By Erica Borgstrom, Professor of Medical Anthropology, The Open University

    Steve Travelguide/Shutterstock

    The House of Commons narrowly passed the terminally ill adults (end of life) bill on June 20, a significant step toward legalising assisted dying in England and Wales. The bill must still pass through the House of Lords before it can become law. So far, the debate has centred on a key question: should people already facing a terminal prognosis have the legal right to choose when to end their lives?

    The discussions, both in Parliament and among the wider public, have often focused on personal stories of dying – some shared as examples of a “good” death, others as cautionary tales of suffering. When speaking to the BBC after the bill passed, MP Kim Leadbeater, who introduced the legislation, described the current situation as a “failing status quo.” She argued that the law must change to offer more control and compassion at the end of life.

    More than 530,000 people die in England each year, and it’s estimated that around 90% of them could benefit from palliative care. Yet many are still dying in pain, with thousands experiencing unmet needs in their final months. Some supporters of the bill argue that access to assisted dying could offer an escape from anticipated suffering and loss of dignity, especially when palliative care falls short.

    What is a “good” death?

    The concept of a “good” death already shapes the country’s end-of-life care policy. Current practice encourages patient choice, comfort and dignity usually guided by the question: what matters most to you?

    Through advance care planning, patients can express preferences for their care, such as refusing resuscitation or declining further treatment. But these choices are usually framed in terms of what not to do. Assisted dying, by contrast, introduces a new ethical dimension: it’s not about withholding treatment, but about actively intervening to end life.

    View from the clinic – and bedside

    Over the past 15 years of conducting ethnographic research on end-of-life care in England, I’ve seen just how deeply people are affected when asked to contemplate their future – or the future of someone they love.



    Read more:
    Is the UK really the best place in the world to die?

    Some patients are decisive: they know what they don’t want, and they say so clearly. Others apologise for being a burden. Some find it too difficult to plan at all. In fact, fewer than 3% of UK adults have documented advance care plans.

    Clinicians, too, face challenges. I’ve seen doctors wish patients would recognise when treatment has become futile – and patients, in turn, hope doctors will take the decision to “just stop”. There can be deep mistrust, with some fearing they’ll be “given up on”. These tensions are unlikely to disappear if assisted dying is legalised; in fact, they may become more pronounced.

    Who would be eligible?

    In England, the legal definition of “terminal illness” is a life expectancy of six months or less, and that’s the threshold used in this bill. It excludes people with incurable but long-term conditions who may be suffering, but aren’t likely to die within half a year.

    This six-month cut-off also assumes that doctors can accurately predict how long someone has left. But Marie Curie, the end of life charity, called that definition “outdated” and “arbitrary,” highlighting how it fails to reflect clinical reality.



    Read more:
    The assisted dying debate has been about safety not sanctity – here’s why I think the bill passed the test

    More recently, research examining nearly 100,000 patient records from London found that prognosis is least reliable when predicting survival over the “weeks to months” time-frame – exactly the bracket covered by the bill. Doctors are more confident estimating if someone has less than two weeks or more than a year. Anything in between is often described, quite literally, as “the length of a piece of string”.

    A step forward – with complexities ahead

    The bill’s passage in the Commons reflects a growing desire to give people more choice, control and clarity at the end of life. For many, it marks a long-overdue recognition of both suffering and the right to self-determination.

    Yet while the vote signals strong support for greater autonomy in dying, the everyday realities of predicting prognosis and navigating complex end-of-life decisions remain uncertain. The practical and ethical challenges are far from resolved.

    Erica Borgstrom receives/has received funding for her research from the National Institute of Health Research, the UKRI Economic and Social Research Council, Marie Curie, the Foundation for the Sociology of Health and Illness, NHS England & NHS Innovation, and End of Life Doula UK.

    – ref. Assisted dying – medical anthropolgist on the complex practical and ethical road ahead – https://theconversation.com/assisted-dying-medical-anthropolgist-on-the-complex-practical-and-ethical-road-ahead-259478

    MIL OSI – Global Reports –