NewzIntel.com

Category: Americas

  • MIL-OSI Canada: Prime Minister Justin Trudeau meets with United Nations High Commissioner for Refugees Filippo Grandi

    Source: Government of Canada – Prime Minister

    Today, Prime Minister Justin Trudeau met with the United Nations High Commissioner for Refugees, Filippo Grandi.

    Prime Minister Trudeau and High Commissioner Grandi discussed the unprecedented nature of the current global refugee crisis, which is fuelled by more intense and longer lasting conflicts and the growing effects of climate change. The Prime Minister recognized the valuable role that the High Commissioner and his office (UNHCR) play in providing protection and humanitarian assistance to refugees and other forcibly displaced people.

    Prime Minister Trudeau expressed his concern over the growing humanitarian impacts arising from the situation in the Middle East and acknowledged the important role that the UNHCR is playing in responding to the needs of those forcibly displaced in both Lebanon and Syria. The two leaders also discussed the human dimension of Russia’s war of aggression against Ukraine, including its impacts on internally displaced people and refugees. Additionally, Prime Minister Trudeau expressed his concern over the humanitarian impacts of the crisis in Sudan and underscored Canada’s support for those affected by it.

    The Prime Minister strongly underscored Canada’s commitment to the UNHCR and its support for the organization’s work to make a positive difference in the lives of refugees. Prime Minister Trudeau thanked the High Commissioner for the UNHCR’s dedication to protecting the most vulnerable in difficult circumstances.

    The two leaders reaffirmed the strong partnership between Canada and the UNHCR, and they agreed to stay in close contact.

    Associated Links 

    MIL OSI Canada News –

  • MIL-OSI Global: Quincy Jones mastered the art of arrangement, transforming simple tunes into epic soundscapes

    Source: The Conversation – USA – By Jose Valentino Ruiz, Associate Professsor of Music Business and Entrepreneurship, University of Florida

    Quincy Jones left his indelible touch on some of the 20th century’s most iconic albums. Arnold Turner/Getty Images for Netflix

    On the sleeve notes of some of the most memorable and best-selling albums of all time, you’ll find the words “Produced and arranged by Quincy Jones.”

    It was a hallmark of quality.

    Jones, who died on Nov. 3, 2024, at the age of 91, transformed our understanding of musical arrangement. His work spanned decades and genres, from jazz and pop to hip-hop and film scoring. He worked with pop icons like Michael Jackson, Frank Sinatra, Ray Charles and Aretha Franklin, and also collaborated with lesser-known artists such as Lesley Gore and Tevin Campbell.

    Each of his projects, collaborations and forays into new genres redefined what it meant to arrange music.

    As a music business and entrepreneurship professor, I’ve studied and taught Jones’ techniques, which I hope can inspire the next generation of musicians.

    A master musical architect

    Musical arrangement might seem like an abstract concept.

    Simply put, it’s the art of deciding how a song unfolds. While a composer writes the melody and harmony, an arranger shapes the experience, choosing which instruments play when, how textures build and where dynamics shift.

    Arrangement transforms a song from notes on paper into a fully realized piece of art that resonates with listeners. In essence, an arranger acts as a musical architect, designing the structure of a song to tell a compelling story.

    Jones brought a visionary approach to arranging. He wasn’t merely filling in the gaps around a melody with a drum beat here and a horn section there; he was crafting a musical narrative that gave each instrument a purpose, guiding listeners through an emotional journey.

    From his early work in the 1950s and 1960s with jazz greats like Count Basie and R&B star Ray Charles, to his blockbuster productions with Michael Jackson, Jones saw arrangement as a tool to guide listeners from one musical moment to the next.

    Elevating voices

    His work on “Sinatra at the Sands” is but one example.

    Jones created lush, energetic big-band arrangements that perfectly complemented Sinatra’s smooth, warm voice. The choice of brass swells and the dynamic shifts amplified Sinatra’s charisma, turning the album into a lively, almost-cinematic experience. Unlike many arrangements, which often stay in the background, Jones’ took center stage, blending harmoniously with Sinatra’s vocals while adding depth and excitement to the entire performance.

    In Ray Charles’ “I Can’t Stop Loving You,” Jones used orchestral swells and background vocals to bring out the soul in Charles’ voice, creating a richly emotional experience for listeners. By intelligently pairing Charles’ gospel-tinged vocals with a polished, orchestral arrangement, Jones captured the tension between sorrow and resilience – a demonstration of his ability to communicate complex emotions through arrangement.

    Ray Charles, left, shares a laugh with Quincy Jones in 2004.
    George Pimentel/WireImage for NARAS via Getty Images

    Turning songs into stories

    Jones’ skill at using arrangement as a storytelling device was exemplified by his collaboration with Jackson.

    Albums like “Thriller” and “Off the Wall” showcased Jones’ knack for inventively layering sounds. On “Thriller,” Jones combined electronic and acoustic elements to create a multidimensional soundscape that set a new standard for production.

    His ability to incorporate textures, background vocals and unique instrument choices – such as horror actor Vincent Price’s iconic narration on the song “Thriller” – transformed pop music, setting the stage for future producers to experiment with storytelling in their own arrangements.

    In Jackson’s “Bad,” Jones pushed the boundaries of genre by blending funk rhythms with pop structures, giving Jackson’s music a timeless appeal.

    The title track’s arrangement has layers of rhythm and harmony that build a feeling of tension and power, enhancing Jackson’s message of confidence and defiance. Each instrument and background vocal in “Bad” serves a purpose, creating a sound that is bold, exciting and engaging.

    Lessons for educators

    For educators teaching music production and commercial music, Jones’ approach provides a gold mine of practical lessons.

    First, his commitment to genre fusion teaches students the importance of versatility. Jones’ career demonstrates that blending jazz, pop, funk and even classical elements can create something innovative and accessible. Students can learn to break free from the constraints of single-genre production, seeing instead how various musical styles can work together to create fresh, engaging sounds.

    Quincy Jones, pictured here with Michael Jackson, won 28 Grammys during his career.
    Chris Walter/WireImage via Getty Images

    Second, Jones’ emphasis on storytelling through arrangement offers students a framework for making music that resonates.

    In my classes, I encourage students to ask themselves: How does each musical element support the emotional arc of the song? By studying Jones’ arrangements, students learn to think of themselves as storytellers, not just sound engineers. They can begin to see arrangement as an art form in itself – one that has the power to captivate audiences by drawing them into a musical journey.

    Finally, Jones’ work shows the power of collaboration. His willingness to work across genres and with a variety of artists – each bringing unique perspectives – demonstrates the value of open-mindedness and adaptability.

    His life’s work serves as a reminder that music is more than just sound; it’s an experience shaped by careful, intentional decisions, with every sound and silence in a piece of music serving a purpose.

    Jose Valentino Ruiz is the CEO of JV Music Enterprises.

    – ref. Quincy Jones mastered the art of arrangement, transforming simple tunes into epic soundscapes – https://theconversation.com/quincy-jones-mastered-the-art-of-arrangement-transforming-simple-tunes-into-epic-soundscapes-242877

    MIL OSI – Global Reports –

  • MIL-OSI Global: Canada and churches have moral obligations for the reparations of missing and disappeared Indigenous children: Final Report

    Source: The Conversation – Canada – By Frank Deer, Professor, Faculty of Education, University of Manitoba

    Independent Special Interlocutor Kimberly Murray has released her final report after two years of examining the issue of missing and disappeared Indigenous children and unmarked burials sites at residential schools in Canada.

    During the ceremony last week in Gatineau, Que., Murray said governments do not often implement recommendations given on such reports. So she opted to identify 42 “legal, moral and ethical obligations” for governments, churches and other institutions. These are proposals on how to make holistic reparations to Indigenous Peoples.

    Murray emphasized that the children were “victims of enforced disappearance.”

    Since the 1870s and continuing for more than 150 years, over 150,000 First Nations, Métis and Inuit children were taken from their families and forced to attend church-run, government-funded residential schools. The National Centre for Truth and Reconciliation has documented more than 4,100 deaths of children at the schools.

    After potential unmarked graves were identified at former residential school sites, the Canadian government appointed Murray to make recommendations on unmarked graves and burial sites.

    The report, “Sites of Truth, Sites of Conscience” focuses on aspects of the Indian Residential School experience: unaccounted missing children, unmarked grave sites, the roles of government and churches in the Indian Residential School genocide and failure to maintain records of the deaths and burials of deceased children.

    The report centres Indigenous strategies for research and advances a framework of reparations to “support the search for and recovery of the missing and disappeared children and unmarked burials.” It is an extension of the work of the Truth and Reconciliation Commission of Canada (TRC) whose final report devoted an entire volume toward missing children and unmarked burials. The newest report is even more bold than the Final Report of the Truth and Reconciliation Commission of Canada.

    The TRC report observed that “the most basic of questions about missing children — Who died? Why did they die? Where are they buried? — have never been addressed or comprehensively documented by the Canadian Government.”

    Since the TRC report was released in 2015, efforts to investigate this issue of missing children and unmarked graves has increased significantly.

    CBC News report: Special interlocutor on Unmarked Graves and Burial Sites issues final report.

    Reconciliation and reparations

    Murray explores the issue of genocide in the Indian Residential School system in ways that indict the Canadian government and other institutions of crimes.

    The report says Canada must refer to “the enforced disappearance of children,” as a “crime against humanity” and the issue needs to be taken to the International Criminal Court. It further states that the “federal government and other institutions have worked harder to protect perpetrators than they ever did to protect Indigenous children, families, and communities,” and that Canada has embraced a culture of “settler amnesia and willful forgetting.”

    In support of this indictment, Murray shows how the government and church were not only responsible for acts of omission in that somehow failed to protect Indigenous children in their care. Instead, they were acts of commission: deliberately created situations in which Indigenous children in their care were severely harmed.

    Murray refers to this as forced disappearances — when the liberty of Indigenous children is taken away and their fate was concealed.

    In addition, the Independent Special Interlocutor also focuses on, among other things, our moral and ethical obligations as foundational frames for reparations.

    A moral framework

    Murray put forth 42 obligations that reflect the morally and ethically centred responsibilities of governments, churches and other institutions.

    These moral and ethical responsibilities inform the reparations that Murray articulates in her report.

    These responsibilities and obligations include:

    • Calls for long-term financial support of investigations into missing and disappeared Indigenous children and Indian Residential School burial sites

    • Support for survivors

    • The recording of their stories

    Core values

    Underlining the report is a moral principal that efforts to find missing children and unmarked graves must be Indigenous-led.

    These moral principles, this foundation for action, articulated by Murray, can provide a compelling rationale that may help change attitudes and action.

    The recent report puts forth several moral and ethical principles which we need to consider.

    One of the report’s powerful statements is:

    “Children must be cared for in life and after death.”

    This might seem to some a simple point that is obvious and even unnecessary. However, the distance between such important declarations and the policies of Canadian governments and institutions has been vast.

    That this particular principle refers to the importance of care “after death” ought to be familiar to any of us who’ve lost loved ones. However, stating it clearly here strengthens the point that government and other institutions have obligations to children who died in their care.

    Another important principle from the report is that “search and recovery work is sacred.”

    The need to discover who died, the reasons why they died, and the location of their remains is one so connected to the emotional well-being of living descendants and fellow community members that it is a spiritual journey.

    This is why the search and recovery processes must be Indigenous-led.

    This report, like the TRC’s and the final report of the National Inquiry into Missing and Murdered Indigenous Women and Girls, contains demands for action that should be accepted and acted upon by governments and institutions.

    The moral and ethical principles that inform those demands can be as important for informing change. It is in these principles that we may find moral guidance and direction toward righteousness.

    We may also find, if we’re paying attention, our humanity.

    Frank Deer receives funding from the Social Sciences and Humanities Research Council of Canada.

    – ref. Canada and churches have moral obligations for the reparations of missing and disappeared Indigenous children: Final Report – https://theconversation.com/canada-and-churches-have-moral-obligations-for-the-reparations-of-missing-and-disappeared-indigenous-children-final-report-242560

    MIL OSI – Global Reports –

  • MIL-OSI: Questor Announces Departure of Vice President of Operations and Engineering

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, Nov. 04, 2024 (GLOBE NEWSWIRE) — Questor Technology Inc. (“Questor”, the “Company”), (TSX Venture Exchange: QST) would like to announce Mr. Quentin Kyliuk is no longer with Questor Technology Inc., effective October 28, 2024.

    On behalf of the employees and Board of Directors, the Company thanks Quentin for his contribution to Questor and wishes him all the best in his future endeavours.

    ABOUT QUESTOR TECHNOLOGY INC.

    Questor Technology Inc., incorporated in Canada under the Business Companies Act (Alberta) is an environmental emissions reduction technology company founded in 1994, with global operations. The Company is focused on clean air technologies that safely and cost effectively improve air quality, support energy efficiency and greenhouse gas emission reductions. The Company designs, manufactures and services high efficiency clean combustion systems that destroy harmful pollutants, including Methane, Hydrogen Sulfide gas, Volatile Organic Hydrocarbons, Hazardous Air Pollutants and BTEX (Benzene, Toluene, Ethylbenzene and Xylene) gases within waste gas streams at 99.99 percent efficiency per its ISO 14034 Certification. This enables its clients to meet emission regulations, reduce greenhouse gas emissions, address community concerns and improve safety at industrial sites.

    The Company also has proprietary heat to power generation technology and is currently targeting new markets including landfill biogas, syngas, waste engine exhaust, geothermal and solar, cement plant waste heat in addition to a wide variety of oil and gas projects. The combination of Questor’s clean combustion and power generation technologies can help clients achieve net zero emission targets for minimal cost. The Company is also doing research and development on data solutions to deliver an integrated system that amalgamates all of the emission detection data available to demonstrate a clear picture of the site’s emission profile.

    The Company’s common shares are traded on the TSX Venture Exchange under the symbol “QST”. The address of the Company’s corporate and registered office is 2240, 140 – 4 Avenue S.W. Calgary, Alberta, Canada, T2P 3N3.

    QUESTOR TRADES ON THE TSX VENTURE EXCHANGE UNDER THE SYMBOL ‘QST’

    Investor Relations Contact

    Aly Sumar – Chief Financial Officer

    investor@questortech.com

    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    This document is not intended for dissemination or distribution in the United States.

    The MIL Network –

  • MIL-OSI USA: Cassidy Honors Veterans in Denham Springs

    US Senate News:

    Source: United States Senator for Louisiana Bill Cassidy
    BATON ROUGE –On Saturday, U.S. Senator Bill Cassidy, M.D. (R-LA) honored veterans and their families in Denham Springs at a Veterans Appreciation Day event. He thanked all of those present for their service and committed to doing everything he can to get them the health care and support they need.
    “Denham Springs and Livingston Parish honored Gold Star families, Blue Star families, and our veterans,” said Dr. Cassidy. “It was a moving ceremony. My commitment to these families and these veterans is to make sure that our VA works for them as they have worked for us.”
    Cassidy has worked to expand health care options for veterans and ensure the U.S. Department of Veterans’ Affairs (VA) delivers timely and effective care. In 2022, he passed and signed into law the Solid Start Act, which ensures that the VA contacts every veteran three times by phone in the first year after they leave active duty to connect them with VA programs and benefits. Cassidy also voted for the PACT Act, which expands benefits to post-9/11 and other veterans who were exposed to toxins during their time in service.
    Additionally, Cassidy introduced legislation to create a Veterans Health Administration (VHA) Policy Advisory Commission (VetPAC) that will help ensure that the VHA effectively provides health care for the veterans it serves.
    Present at the event were veterans from across Livingston Parish, as well as members of the American Legion, the Blue Star Mothers of Louisiana, and Louisiana Women Veterans. Cassidy was welcomed by Mr. Stan McCurdy, the organizer of the event and a Gold Star Father.
    “I appreciate Senator Cassidy taking the time to meet with the veterans who came to our event and listen to their concerns,” said Mr. McCurdy. “His respect and support for veterans and our community means a lot.”

    MIL OSI USA News –

  • MIL-OSI USA: Cassidy Announces $9.9 Million for Louisiana in Hurricane, Seawater Intrusion Relief

    US Senate News:

    Source: United States Senator for Louisiana Bill Cassidy
    WASHINGTON – U.S. Senator Bill Cassidy, M.D. (R-LA) announced Louisiana will receive $9,866,737.76 from the Federal Emergency Management Agency (FEMA) for Hurricane Laura, Hurricane Ida, and seawater intrusion relief.
    “Louisiana is a beacon of strength and resilience through any storm,” said Dr. Cassidy. “This funding will help restore our communities, prepare for future hurricanes, and ensure they are equipped with clean water.”
    Grant Awarded
    Recipient
    Project Description
    $4,680,568.18
    Church of the King
    This grant will provide federal funding for permanent repairs as a result of Hurricane Laura.
    $1,991,002.41
    Roman Catholic Church Archdiocese of New Orleans
    This grant will provide federal funding for emergency protective measures as a result of Hurricane Ida.
    $3,195,167.17
    Plaquemines Parish
    This grant will provide federal funding for emergency protective measures at the Belle Chasse Water Treatment Plant as a result of seawater intrusion.

    MIL OSI USA News –

  • MIL-OSI USA: Senator Marshall Visits Schwan’s Salina Pizza Production Plant

    US Senate News:

    Source: United States Senator for Kansas Roger Marshall

    Salina, KS – U.S. Senator Roger Marshall, M.D. visited Schwan’s pizza plant in Salina, KS this week. 
    Schwan’s is a national food production company with plants across the country. Senator Marshall toured Schwan’s Salina production facility, where he saw the almost completed cold-storage expansion and watched their pepperoni pizzas be made. Schwan’s is now the largest pizza manufacturer in the United States, producing over 100 million pizzas per year. The new cold storage facility at the Salina plant will make this location a hub for distribution across the country. 
    “Schwan’s is known for its high-demand, top-quality food products,” said Senator Marshall. “I am grateful for the jobs they have brought to western Kansas, and look forward to their continued success.” 

    MIL OSI USA News –

  • MIL-OSI USA: Attorneys General stand in support for National Veterans and Military Families Month

    Source: Washington State News

    WASHINGTON, D.C. — As we celebrate National Veterans and Military Families Month this November, the National Association of Attorneys General (NAAG) proudly supports the efforts of state and territory attorney general offices in their commitment to military families. The NAAG Veterans Affairs Committee is dedicated to protecting and assisting our nation’s veterans by actively pursuing those who exploit veterans, servicemembers, and their families, providing vital assistance on legal issues related to deployments and general military service, and ensuring that veteran health benefits are protected and accessible.

    Washington State Attorney General Bob Ferguson, Co-Chair of the Veterans Affairs Committee, stated: “Our military and veteran families deserve not only our appreciation but our commitment to help them access the resources they deserve. Too many of our veterans have significant legal needs but cannot afford counsel — which is why I created an Office of Military and Veteran Legal Assistance in Washington to connect veterans and military members with volunteers within the legal community. Helping veterans is a non-partisan calling, and I am grateful for the partnerships with attorneys general across the country to help those who have worn the uniform. As someone who comes from a family of veterans, this work is deeply personal to me. I am proud to partner with anyone willing to answer the call and help address the unmet legal needs of our nation’s heroes.”

    South Carolina Attorney General Alan Wilson, Co-Chair of NAAG’s Veterans Affairs Committee, added: “As a veteran myself, who’s been in the National Guard for more than 28 years and was deployed to Iraq, I understand the sacrifices that families and veterans go through in service to our country. They’re willing to give everything they have to protect us, so we’re happy to do whatever we can to support them.”

    This month recognizes the sacrifices and contributions of service members, veterans, and their families and highlights the resources available to them. We encourage everyone to join us in supporting military families by exploring available resources and finding ways to contribute to their well-being. The nation’s attorney general offices offer a range of services to support military families, including:

    • Preventing Fraud: Protecting military families and their hard-won benefits from scams and fraud through education and enforcement actions.
    • Providing Free Legal Clinics: Offering free legal clinics to help military families navigate legal issues, from housing disputes to family law matters.
    • Supporting Military Spouses and Dependent Children: Providing resources and assistance to address the unique needs of military spouses, children, and survivors of service members, including educational support and healthcare services.
    • Defending Voting Rights: Ensuring that service members and their families can exercise their right to vote, no matter where they are stationed. The Attorney General community remains steadfast in its commitment to supporting these families and ensuring they have access to the resources they need.

    For more information about services available to veterans and military families in Washington, visit the Attorney General’s Military and Veteran Resources page. Qualifying veterans and service members, and their families can apply for civil legal assistance with the Office of Military and Veteran Legal Assistance.

    More information on national efforts is available on NAAG’s Veterans and Military page.

    -30-

    Washington’s Attorney General serves the people and the state of Washington. As the state’s largest law firm, the Attorney General’s Office provides legal representation to every state agency, board, and commission in Washington. Additionally, the Office serves the people directly by enforcing consumer protection, civil rights, and environmental protection laws. The Office also prosecutes elder abuse, Medicaid fraud, and handles sexually violent predator cases in 38 of Washington’s 39 counties. Visit www.atg.wa.gov to learn more. 

    About the National Association of Attorneys General (NAAG): The National Association of Attorneys General (NAAG) is a nonpartisan organization of the attorneys general of the 50 states, the District of Columbia, and U.S. territories. NAAG provides a forum for the exchange of knowledge, experiences, and insights on legal and law enforcement issues, and fosters bipartisan collaboration among its members to address common challenges and advance the rule of law.

    Media Contact:

    Brionna Aho, Communications Director, (360) 753-2727; Brionna.aho@atg.wa.gov

    General contacts: Click here

    Media Resource Guide & Attorney General’s Office FAQ  

    MIL OSI USA News –

  • MIL-OSI USA: Smith Statement on Passing of John Gottschalk

    Source: United States House of Representatives – Congressman Adrian Smith (R-NE)

    Washington, D.C. – Congressman Adrian Smith (R-NE) released the following statement after the passing of former owner of the Sidney Telegraph, mayor of Sidney, NE, and CEO of the Omaha World-Herald John Gottschalk.

    “Few have had the level of impact on the state of Nebraska that the life and legacy of John Gottschalk has. His committed leadership in journalism, public service, philanthropy, community development, and volunteerism is the fruit of a great American success story. He never forgot his small-town roots and relentlessly sought ways to pay it forward. My wife and I offer our condolences to his wife Carmen and family members.”

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Sols 4352-4354: Halloween Fright Night on Mars

    Source: NASA

    3 min read

    Earth planning date: Friday, Nov. 1, 2024

    Yesterday evening (Thursday) was Halloween for many of us here on Earth. My neighborhood in eastern Canada was full of small (and not so small!) children, running around in the dark collecting sweets and candy but also getting scared by the ghostly decorations hung at each house. Little did we suspect that our poor rover on Mars was also getting spooked. Curiosity completed about a meter (about 3 feet) of the planned drive before becoming unsettled … scared, if you will! … when its left front wheel got hung up on a rock and stopped moving.

    Luckily, we understood this kind of frightened behavior and were able to resume planning today as per usual. That meter was enough to give us a whole new set of targets to choose from. As APXS Strategic Planner this week, I had chosen darker-looking targets in the workspace — “Ladder Lake” and “Reds Meadow” (shown in the accompanying MAHLI image) — earlier in the week. I was happy that bumping backwards by a meter allowed us to reach some of the more typical pale colored bedrock at “Eureka Valley” and a second APXS analysis on “Black Bear Lake,” which is a mixture of both pale bedrock and some darker layers. MAHLI added in a bonus set of images on “Stag Dome,” focusing on small, rougher patches on the pale bedrock.

    ChemCam is taking advantage of the short bump, too, adding a passive observation on the brushed Reds Meadow target, analyzed by APXS and MAHLI in Monday’s plan. A ChemCam LIBS target “Hoist Ridge” focuses on a small vertical face of dark material. Two long distance images planned for ChemCam’s Remote Micro Imager (RMI) look at the distribution of rocks along the Gediz Vallis ridge in the distance.

    Mastcam is taking several mosaics this weekend (must have gotten extra energy from the Halloween sugar!). Close to the rover, Mastcam will acquire single-frame images of the targets Hoist Ridge and Eureka Valley, and a small mosaic of some surficial troughs just a little further away. Moving further afield, a small 3×1 mosaic (three images in one row) will image the same area as the ChemCam RMI of the Gediz Vallis ridge, and a larger 9×2 mosaic will focus on the faraway yardang unit, where we hopefully will be in a few years.

    Then for the really big images: Mastcam will image the whole landscape in a special 360-degree view, so big it needs to be broken into two parts. The first will have 43×4 frames, the second 34×5 frames. These mosaics are huge, so we save them for when we are at a really good vantage point to allow us to capture as much detail as possible for science and engineering planning.

    As ever, we continue our environmental monitoring of conditions, with Mastcam and Navcam movies and images looking at dust in the atmosphere above and around us in Gale crater, and watching out for dust devils.

    Written by Catherine O’Connell-Cooper, Planetary Geologist at University of New Brunswick

    MIL OSI USA News –

  • MIL-OSI USA: SBA to Open Virtual Business Recovery Center to Assist Havasupai Tribe Businesses and Residents Affected by Flooding

    Source: United States Small Business Administration

    “As communities across the Southeast continue to recover and rebuild after Hurricanes Helene and Milton, the SBA remains focused on its mission to provide support to small businesses to help stabilize local economies, even in the face of diminished disaster funding,” said Administrator Isabel Casillas Guzman. “If your business has sustained physical damage, or you’ve lost inventory, equipment or revenues, the SBA will help you navigate the resources available and work with you at our recovery centers or with our customer service specialists in person and online so you can fully submit your disaster loan application and be ready to receive financial relief as soon as funds are replenished.”

    SACRAMENTO, Calif. – Francisco Sánchez Jr., associate administrator for the Office of Disaster Recovery and Resilience at the Small Business Administration, today announced the opening of its virtual Business Recovery Center to meet the needs of Havasupai Tribe businesses and individuals who were affected by flooding that occurred Aug. 22–23.

    “When disasters strike, our virtual Business Recovery Centers are key to helping business owners and residents get back on their feet,” Sánchez said. “At these virtual centers, people can connect directly with our specialists to apply for disaster loans and learn about the full range of programs available to rebuild and move forward in their recovery journey.”

    SBA has established a virtual Business Recovery Center to answer questions about SBA’s disaster loan program, explain the application process and help each individual complete their electronic loan application.

    Virtual Business Recovery Center

    Mondays – Fridays
    8:00 a.m. – 4:30 p.m. Pacific Time
    FOCWAssistance@sba.gov
    (916) 932-8956

    Opens at 8 a.m. Tuesday, Nov. 5

    Closed Monday, Nov. 11, 2024, in observance of Veterans Day

    Businesses of all sizes and private nonprofit organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets.

    For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations of any size, SBA offers Economic Injury Disaster Loans to help meet working capital needs caused by the disaster. Economic injury assistance is available regardless of whether the business suffered any property damage.

    “SBA’s disaster loan program offers an important advantage–the chance to incorporate measures that can reduce the risk of future damage,” Sánchez continued. “Work with contractors and mitigation professionals to strengthen your property and take advantage of the opportunity to request additional SBA disaster loan funds for these proactive improvements.”

    SBA disaster loans up to $500,000 are available to homeowners to repair or replace damaged or destroyed real estate. Homeowners and renters are eligible for up to $100,000 to repair or replace damaged or destroyed personal property, including personal vehicles.

    Interest rates can be as low as 4 percent for businesses, 3.25 percent for private nonprofit organizations and 2.813 percent for homeowners and renters with terms up to 30 years. Loan amounts and terms are set by SBA and are based on each applicant’s financial condition.

    Interest does not begin to accrue until 12 months from the date of the first disaster loan disbursement. SBA disaster loan repayment begins 12 months from the date of the first disbursement.

    On October 15, 2024, it was announced that funds for the Disaster Loan Program have been fully expended. While no new loans can be issued until Congress appropriates additional funding, we remain committed to supporting disaster survivors. Applications will continue to be accepted and processed to ensure individuals and businesses are prepared to receive assistance once funding becomes available.

    Applicants are encouraged to submit their loan applications promptly for review in anticipation of future funding.

    Applicants may apply online and receive additional disaster assistance information at SBA.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    The deadline to apply for property damage is Dec. 24, 2024. The deadline to apply for economic injury is July 25, 2025.

    ###

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

    MIL OSI USA News –

  • MIL-OSI USA: Tuberville Honors Patrick Jump of Robertsdale as November “Veteran of the Month”

    US Senate News:

    Source: United States Senator for Alabama Tommy Tuberville

    WASHINGTON – Today,U.S. Senator Tommy Tuberville (R-AL) released a video honoring USMC Corporal Patrick Jump of Robertsdale as the November “Veteran of the Month.”

    Excerpts from Senator Tuberville’s remarks can be found below, and his complete remarks can be found here.

    “The son of a Vietnam veteran, Patrick knew what he was getting into when he signed up for the military.  He remembers watching the Twin Towers fall while sitting in government class on September 11, 2001. But Patrick’s desire to serve was unmoved.”

    “When the COVID pandemic hit, he realized how great the need was to help veterans struggling with mental health. What began as a weekly virtual check-in with fellow soldiers, started a fulltime mission to help fellow veterans and their families. Patrick purchased a RV, traveling across 43 states before deciding to settle down in Baldwin County. Although not originally from Alabama, when Patrick discovered the region’s patriotic spirit, he decided it was the perfect place to call home. He founded the Warrior Legacy Ranch to provide support to veterans struggling with their mental health. He has been a leader in fighting to prevent veteran suicides and expanding the sense of community for veterans—specifically those who served post 9/11. Patrick’s efforts have not only helped veterans in Alabama but all across the nation. Alabama is grateful to have him on the frontlines serving those who have honorably served us.”

    Senator Tuberville recognizes a different Alabama veteran each month for their service and contribution to their community. Constituents can nominate an Alabama veteran and submit their information to Senator Tuberville’s office for consideration by emailing press_office@tuberville.senate.gov. 

    Senator Tommy Tuberville represents Alabama in the United States Senate and is a member of the Senate Armed Services, Agriculture, Veterans’ Affairs, and HELP Committees.

    MIL OSI USA News –

  • MIL-OSI USA: NASA Science, Cargo Launch on 31st SpaceX Resupply Mission to Station

    Source: NASA

    Following a successful launch of NASA’s SpaceX 31st commercial resupply mission, new scientific experiments and cargo for the agency are bound for the International Space Station.
    The SpaceX Dragon spacecraft, carrying more than 6,000 pounds of supplies to the orbiting laboratory, lifted off at 9:29 p.m. EST Monday, on the company’s Falcon 9 rocket from Launch Complex 39A at NASA’s Kennedy Space Center in Florida.
    Live coverage of the spacecraft’s arrival will begin at 8:45 a.m. Tuesday, Nov. 5, on NASA+ and the agency’s website. Learn how to watch NASA content through a variety of platforms, including social media.
    The spacecraft is scheduled to autonomously dock at approximately 10:15 a.m. to the forward port of the space station’s Harmony module.
    The resupply mission will support dozens of research experiments conducted during Expedition 72. In addition to food, supplies, and equipment for the crew, Dragon will deliver several new experiments, including the Coronal Diagnostic Experiment, to examine solar wind and how it forms. Dragon also delivers Antarctic moss to observe the combined effects of cosmic radiation and microgravity on plants. Other investigations aboard include a device to test cold welding of metals in microgravity and an investigation that studies how space impacts different materials.
    These are just a sample of the hundreds of investigations conducted aboard the orbiting laboratory in the areas of biology and biotechnology, physical sciences, and Earth and space science. Such research benefits humanity and lays the groundwork for future human exploration through the agency’s Artemis campaign, which will send astronauts to the Moon to prepare for future expeditions to Mars.
    The Dragon spacecraft is scheduled to remain at the space station until December when it will depart the orbiting laboratory and return to Earth with research and cargo, splashing down off the coast of Florida.
    Learn more about space station activities by following @space_station and @ISS_Research on X, as well as the ISS Facebook, ISS Instagram, and the space station blog.
    Learn more about the commercial resupply mission at:

    NASA’s SpaceX CRS-31

    -end-
    Claire O’Shea / Josh FinchHeadquarters, Washington202-358-1100joshua.a.finch@nasa.gov / claire.a.o’shea@nasa.gov
    Stephanie Plucinsky / Steven SiceloffKennedy Space Center, Fla.321-876-2468stephanie.n.plucinsky@nasa.gov / steven.p.siceloff@nasa.gov
    Sandra JonesJohnson Space Center, Houston281-483-5111sandra.p.jones@nasa.gov

    MIL OSI USA News –

  • MIL-OSI Asia-Pac: SITI commences visit to Canada (with photos)

    Source: Hong Kong Government special administrative region

         The Secretary for Innovation, Technology and Industry, Professor Sun Dong, began his visit to Toronto, Canada, on November 4 (Toronto time).

         In the morning, Professor Sun visited MaRS Discovery District, an innovation hub, and met with its Chief Executive Officer, Mrs Alison Nankivell, to receive a briefing on the hub’s successful experience in nurturing an innovation and technology (I&T) ecosystem. Located close to major universities and hospitals in downtown Toronto, MaRS focuses on nourishing deep technology industries including clean technology and life science. As the largest urban innovation centre in North America, MaRS Discovery District supports 1 200 enterprises and renders direct assistance to enterprises in the hub with a view to building communities of innovators and promoting the adoption of new solutions.

         Professor Sun then visited the University of Toronto, and toured the Centre for Analytics & Artificial Intelligence Engineering of the Faculty of Applied Science and Engineering of the University. Professor Sun met with the Dean of the Faculty, Professor Christopher Yip, and the Acting Associate Vice-President International Partnerships, Professor David Wolfe, and was briefed on the latest developments and research and development (R&D) achievements of the Centre. The Centre brings together universities and industries to translate the latest advances of artificial intelligence and data analytics into technologies in areas ranging from advanced manufacturing to human health. Its team also delivers ongoing guidance for advanced analytics projects in industry settings. Professor Sun encouraged the University to co-operate with universities in Hong Kong to participate in the InnoHK research clusters to strengthen global R&D collaboration.

         In the afternoon, Professor Sun visited a start-up that provides storage and delivery services in North America. The start-up adopts a smart platform that automatically processes orders and updates inventory levels in real time. It also utilises robotic shuttles to manage inventories automatically, thereby reducing the overall cost for logistics and delivery services.

         Professor Sun attended a networking dinner organised by the Hong Kong-Canada Business Association (Toronto Chapter) in the evening, and had an exchange with Hong Kong young people studying and working in Toronto to learn more about their study and work lives in Canada. Professor Sun shared with them Hong Kong’s efforts to develop as an international I&T centre and build an international hub for high-calibre talent. He noted that it is of paramount importance to enlarge the talent pool for the I&T development in Hong Kong, adding that the city is an ideal destination for young people to develop their careers and that Hong Kong youngsters are encouraged to seize the myriad opportunities there.

         Professor Sun will proceed to Ottawa and continue his visit on November 5 (Ottawa time).                  

    MIL OSI Asia Pacific News –

  • MIL-OSI USA: 11.04.2024 ICYMI: Cruz, Cloud, Gerdes Denounce Biden-Harris Administration After Twice-Deported Illegal Alien Killed a Texan in Bastrop County

    US Senate News:

    Source: United States Senator for Texas Ted Cruz
    WASHINGTON, D.C. – U.S. Sen. Ted Cruz (R-Texas), member of the Senate Judiciary Committee and Ranking Member of the Subcommittee on the Constitution, Rep. Michael Cloud (R-Texas-27), and Texas State Rep. Stan Gerdes (R-HD-17) condemned the Biden-Harris administration after a Texan from Bastrop County was killed by an illegal alien drunk driver. The suspect had previously been deported twice, once by the Obama administration and again by the Trump administration, but was able to illegally re-enter the country under the Biden-Harris administration, which is now responsible for yet another preventable tragedy.
    Following the preventable tragedy, Sen. Cruz said, “Yet another Texan is dead directly because of the Biden-Harris border crisis. Texans deserve answers about why this illegal alien was allowed back into our country after being deported twice. This crime was both infuriating and avoidable, but the Biden-Harris administration has made a cynical decision to keep the border open for political purposes. The resulting crimes are avoidable, infuriating, and unacceptable.”
    Rep. Cloud said, “Another family’s worst nightmare has come to pass, and it’s directly because of the Biden-Harris Administration’s reckless, open-border policies. Their refusal to enforce our immigration laws has taken another innocent life. How many American citizens have to be killed by illegal immigrants before Joe Biden and Kamala Harris decide to act?”
    Rep. Gerdes said, “What happened to Grayson Davis and his grieving family was completely avoidable. Our entire community is heartbroken. The failure of the Biden-Harris administration on our southern border has cost countless lives. While Senator Cruz and Congressman Cloud carry on the fight at the federal level, I will be filing legislation this coming session, ‘Grayson’s Law,’ that addresses illegal immigrant crime at the state level.”

    MIL OSI USA News –

  • MIL-OSI USA: IAM Union Workers At Boeing Achieve Contract Victory to Set New Standards For Aerospace Industry

    Source: US GOIAM Union

    Industry-leading contract approved by majority worker vote will deliver 43.65% compounded wage increase

    On behalf of Biden-Harris administration, U.S. Secretary of Labor Julie Su played key role in helping the employer and workers reach groundbreaking agreement that will protect access and pathways to the middle class for thousands of frontline workers

    SEATTLE – 33,000 frontline workers at Boeing, members of International Association of Machinists and Aerospace Workers (IAM) Districts 751 and W24 voted to ratify a new union contract with the company that has instantly set a new standard for compensation and wages for aerospace industry workers. 

    The deal followed a vigorous strike lasting nearly two months by the workers in Washington state, Oregon and California that made international headlines and drew widespread public support and bipartisan political support. 

    The new contract includes a 43.65% compounded wage increase – 38% before compounding – over the four-year life of the contract. In recent weeks, acting U.S. Secretary of Labor Julie Su worked on behalf of the Biden-Harris administration to help restart and reach a positive resolution to negotiations that had previously stalled.

    Jon Holden, President of IAM District 751 and Brandon Bryant, President of IAM District W24, issued the following joint statement following the votes being tallied: 

    “Working people know what it’s like when a company overreaches and takes away more than is fair. Through this strike and the resulting victory, frontline workers at Boeing have done their part to begin rebalancing the scales in favor of the middle class – and in doing so, we hope to inspire other workers in our industry and beyond to continue standing up for justice at work. Through this victory and the strike that made it possible, IAM members have taken a stand for respect and fair wages in the workplace. Our members perform high quality and flight critical work for the airplanes we build and deserve a return on their labor investment that provides for the quality of life worthy of that labor.

    “This contract also creates a new foundation to build on for the future and that future begins today. We are ready to help Boeing change direction and return to building the highest quality and safest airplanes in the world. Our members are critical to that mission, and now have a stronger voice in the decision making process to ensure those needed improvements are made. ‘There is no Boeing without the IAM’ has been our battle cry, and we are ready, again, to do our part to bring this company back to the standard that it never should have strayed from.

    “Livable wages and benefits that can support a family are essential – not optional – and this strike underscored that reality. This contract will have a positive and generational impact on the lives of workers at Boeing and their families. We hope these gains inspire other workers to organize and join a union. Frontline Boeing workers have used their voices, their collective power, and their solidarity to do what is right, to stand up for what is fair – and to win.”

    Brian Bryant, IAM International President, issued the following statement: 

    “This agreement represents a new standard in the aerospace industry – one that sends a clear statement that aerospace jobs must be middle class careers in which workers can thrive. Workers in the aerospace industry, led by the IAM — the most powerful aerospace union in the world — will not settle for anything less than the respect and family-sustaining wages and benefits they need and deserve. This agreement reflects the positive results of workers sticking together, participating in workplace democracy, and demonstrating solidarity with each other and with the community during a necessary and effective strike. 

    “Nearly every worker in America knows what it’s like for a company to take too much and give too little. A contract like this sends an inspiring message to all workers in the United States who are seeking to join unions or who have been shortchanged by their employer. We remain very thankful to Acting U.S. Labor Secretary Julie Su, who on behalf of the Biden-Harris administration helped to bring the employer and the members together for productive talks to reach this agreement.”

    Highlights of the latest tentative agreement approved Monday night by the union members include:

    • 38% general wage increase over four years – 13%, 9%, 9%, 7% which compounds to 43.65% over the life of the agreement 
    • $12,000 Ratification Bonus: The ratification bonus combines the previous $7,000 ratification bonus and the $5,000 lump sum into the 401(k). Now, union members can choose how this total amount is received – in their paycheck, contribution to 401(k), or a combination of both.
    • AMPP incentive plan is reinstated, with a guaranteed minimum annual payout of 4%, including 2024 payout in February 2025
    • 401(k) employer match of 100% up to 8%
    • Special company retirement contribution of 4% into 401(k) maintained
    • $105 pension multiplier per year for those vested in the pension plan
    • Call-in language back to current contract
    • New long-term disability plan and big improvement to short term disability plan
    • Health care cost containment
    • Improved overtime rules
    • Key job security provisions
    • Increased Minimum Rates that now increase with COLA increases. 

    Further details of the negotiated resolution can be found at iam751.org/2024StrikeProposal. 

    “For many frontline Boeing workers in the IAM Union, the terms of this contract will be life-changing,” said IAM Western Territory General Vice President Gary R. Allen. “It’s the most significant upgrade we’ve had to our collective bargaining agreement in a decade – and it will prove to be an example for the rest of the industry to live up to. Their strike was a great example of workers standing up for not just themselves, but also their families and communities.”

    “Our members went on strike for better wages and better working conditions – and they won by staying united and exercising democracy in the workplace,” said IAM Resident General Vice President Jody Bennett. “They hit the streets, held strong, and have been rewarded with an excellent contract. These provisions are not just deserved by this dedicated frontline workforce — they are also overdue. This will set a new standard for aerospace across the region, the nation, and the industry.”

    The International Association of Machinists and Aerospace Workers (IAM) is one of North America’s largest and most diverse industrial trade unions, representing approximately 600,000 active and retired members in the aerospace, defense, airlines, railroad, transit, healthcare, automotive, and other industries. 

    goIAM.org | @MachinistsUnion

    Share and Follow:

    MIL OSI USA News –

  • MIL-OSI USA: SPC Nov 5, 2024 0100 UTC Day 1 Convective Outlook

    Source: US National Oceanic and Atmospheric Administration

     For best viewing experience, please enable browser JavaScript support.

    Nov 5, 2024 0100 UTC Day 1 Convective Outlook

    Updated: Tue Nov 5 00:36:31 UTC 2024 (Print Version |   |  )

    Probabilistic to Categorical Outlook Conversion Table

     Forecast Discussion

    SPC AC 050036

    Day 1 Convective Outlook
    NWS Storm Prediction Center Norman OK
    0636 PM CST Mon Nov 04 2024

    Valid 050100Z – 051200Z

    …THERE IS AN ENHANCED RISK OF SEVERE THUNDERSTORMS FROM NORTHEAST
    TEXAS INTO SOUTHWEST MISSOURI…

    …SUMMARY…
    Tornadoes (some strong), some hail, and severe thunderstorm gusts,
    remain possible tonight from portions of eastern Texas into the
    Ozarks and mid Mississippi Valley.

    …01z Update…

    Well-defined mid-level circulation is currently located along the
    TX/NM border, just west of AMA. This feature will begin to open up a
    bit as it ejects into the central Plains. 100kt 500mb speed max is
    forecast to translate into eastern KS by the end of the period and
    this should encourage the surface low to track north-northeast into
    southern IA by 05/12z. This evolution suggests the greatest
    large-scale forcing will spread across northern portions of the risk
    area overnight. Latest radar data supports this with an elongated
    band of broken line segments/cells extending from central MO-western
    AR-central TX. Over the last several hours the greatest
    concentration of supercells has been noted from extreme northeast
    TX-northwest AR-southwest MO. This remains the primary area of
    concern this evening as this activity is colocated within the main
    instability axis, and is strongly sheared. Tornadoes remain a
    concern, especially with more discrete supercells, and damaging
    winds may also be noted. Otherwise, large hail threat appears to be
    diminishing a bit. With time, strong convection should gradually
    spread northeast as the mid-level speed max/short wave approaches
    the lower MO Valley.

    ..Darrow.. 11/05/2024

    CLICK TO GET WUUS01 PTSDY1 PRODUCT

    .html”>Latest Day 2 Outlook/Today’s Outlooks/Forecast Products/Home

    MIL OSI USA News –

  • MIL-OSI USA: SPC – No MDs are in effect as of Tue Nov 5 05:05:02 UTC 2024

    Source: US National Oceanic and Atmospheric Administration

    Current Mesoscale DiscussionsUpdated:  Tue Nov 5 05:15:03 UTC 2024 No Mesoscale Discussions are currently in effect.

    Notice:  The responsibility for Heavy Rain Mesoscale Discussions has been transferred to the Weather Prediction Center (WPC) on April 9, 2013. Click here for the Service Change Notice.
    Archived Convective ProductsTo view convective products for a previous day, type in the date you wish to retrieve (e.g. 20040529 for May 29, 2004). Data available since January 1, 2004.

    MIL OSI USA News –

  • MIL-OSI USA: SPC – No watches are valid as of Tue Nov 5 05:05:02 UTC 2024

    Source: US National Oceanic and Atmospheric Administration

    Current Convective Watches (View What is a Watch? clip)Updated:  Tue Nov 5 05:16:06 UTC 2024 No watches are currently valid

    Archived Convective ProductsTo view convective products for a previous day, type in the date you wish to retrieve (e.g. 20040529 for May 29, 2004). Data available since January 1, 2004.

    MIL OSI USA News –

  • MIL-OSI Africa: The Gambia: International Monetary Fund (IMF) Staff Reaches Staff-Level Agreement on the Second Review of the Extended Credit Facility Arrangement

    Source: Africa Press Organisation – English (2) – Report:

    WASHINGTON D.C., United States of America, November 5, 2024/APO Group/ —

    • IMF staff and the Gambian authorities have reached a staff-level agreement on economic policies to conclude the second review of the program under the Extended Credit Facility (ECF) arrangement.
    • Economic recovery is strengthening while inflation has decelerated significantly.
    • The Gambia’s reform agenda is advancing despite challenges to fiscal policy.

    An International Monetary Fund (IMF) team, led by Ms. Eva Jenkner, held discussions in Washington DC with the Gambian authorities. The discussions followed those in Banjul from September 30 to October 11, 2024 (see PR 24/367). A staff-level agreement was reached on the second review of the program supported under the 36-month Extended Credit Facility (ECF) arrangement approved in January 2024 for total access of SDR 74.64 million (about US$99.4 million). Subject to approval by the IMF’s Executive Board, the completion of the review would enable a disbursement of SDR 8.29 million (about US$11.04 million), bringing the total disbursement under the arrangement to about US$33.1 million. The Board date is tentatively scheduled for December 20, 2024.

    At the conclusion of the discussions, Ms. Jenkner issued the following statement:

    “The authorities remain committed to their reform agenda and program objectives.

    “Economic activity is strengthening. Economic growth remains estimated at 5.8 percent for 2024, supported by agriculture, services, telecom, and construction sectors. Inflation reached 10 percent at end-September 2024, from a peak of 18.5 percent at end-September 2023, remaining above the central bank’s medium-term objective of 5 percent.

    “Continued policy discussions mainly focused on the fiscal trajectory for 2024 and 2025 with the aim of maintaining fiscal responsibility. This includes increasing the room for responding to large social and developmental needs, protecting the most vulnerable, addressing climate related risks and vulnerabilities, and ensuring gradual clearance of central government arrears and unsettled commitments.

    “The ECF supported program is anchored on a medium-term fiscal framework aiming to reduce debt vulnerabilities and to maintain overall macrofinancial stability.

    “The mission would like to thank its counterparts for candid and constructive discussions.”

    MIL OSI Africa –

  • MIL-OSI USA: Jayapal Statement Celebrating Machinists Vote

    Source: United States House of Representatives – Congresswoman Pramila Jayapal (7th District of Washington)

    SEATTLE, WA – U.S. Congresswoman Pramila Jayapal (WA-07) released the following statement after the International Association of Machinists and Aerospace Workers (IAM) voted to ratify Boeing’s recent contract offer.

    “Tonight, I congratulate the workers in the IAM for winning a hard-fought victory after going on strike for seven weeks to stand up for core principles. Their solidarity in going on strike – a legitimate step in America’s collective bargaining process – ensured a contract with 38 percent wage increases, sizable increases in retirement plans and job security. I also congratulate Machinists President Jon Holden as well as Boeing CEO Kelly Ortberg for working to reach a deal that ensures Boeing will continue to build quality planes that contribute to our country’s security and mobility while valuing and respecting the fact that there is no Boeing without the IAM.  I also thank Acting Labor Secretary Julie Su for her skilled leadership in bringing both parties to the table and to an agreement.

    “Boeing has a long history of building the middle class in Seattle, with generations of workers committed to their jobs and to the company. This contract is a promising sign that the new leadership is committed to returning to that role as a business that is contributing to our region, state and country’s well-being for current and future generations.”

    Jayapal has supported IAM Machinists throughout the strike, joining them on the picket line and rallying with them. She also sent a letter urging all parties to return to the bargaining table to reach a fair contract and stood behind the Machinists after they rejected Boeing’s initial contract offer.

    Issues: Jobs, Labor, & the Economy

    MIL OSI USA News –

  • MIL-OSI USA: Inslee statement on Boeing Machinists contract vote

    Source: Washington State News

    Story Body

    Gov. Jay Inslee released the following statement in response to the approval of a new contract by Boeing Machinists.

    “Tonight’s vote by the Machinists puts Boeing’s future back on more solid footing. Washington is home to the world’s most skilled aerospace workers and they understandably took a stand for the respect and compensation they deserve. Congratulations to IAM District 751 and Boeing on reaching an agreement.”

    MIL OSI USA News –

  • MIL-OSI USA: Statement from President Joe  Biden on the Contract Between the International Association of Machinists and  Boeing

    US Senate News:

    Source: The White House
    I congratulate the International Association of Machinists and Boeing for coming to an agreement that reflects the hard work and sacrifices of 33,000 Machinist workers. This contract provides a 38% wage increase over four years, improves workers’ ability to retire with dignity, and supports fairness at the workplace. This contract is also important for Boeing’s future as a critical part of America’s aerospace sector. And it was achieved with the support of my economic team, including Acting Labor Secretary Julie Su and National Economic Advisor Lael Brainard.
    Over the last four years, we’ve shown collective bargaining works. Good contracts benefit workers, businesses, and consumers—and are key to growing the American economy from the middle out and the bottom up.

    MIL OSI USA News –

  • MIL-OSI Asia-Pac: Sun Dong begins Canada visit

    Source: Hong Kong Information Services

    Secretary for Innovation, Technology & Industry Prof Sun Dong began his visit to Toronto, Canada, by touring an innovation hub, the University of Toronto and a startup.

    In the morning of November 4, Prof Sun visited MaRS Discovery District and met its Chief Executive Officer Alison Nankivell to receive a briefing on the innovation hub’s successful experience in nurturing an innovation and technology (I&T) ecosystem.

    Located close to major universities and hospitals in downtown Toronto, MaRS focuses on nourishing deep technology industries including clean technology and life science.

    It is also the largest urban innovation centre in North America, which supports 1,200 enterprises and renders direct assistance to enterprises, with a view to building communities of innovators and promoting the adoption of new solutions.

    Prof Sun then visited the University of Toronto and toured the Centre for Analytics & Artificial Intelligence Engineering of the Faculty of Applied Science & Engineering.

    He met Faculty Dean Prof Christopher Yip and Acting Associate Vice-President International Partnerships Prof David Wolfe, and was briefed on the centre’s latest developments and research and development (R&D) achievements.

    The centre brings together universities and industries to translate the latest advances of artificial intelligence and data analytics into technologies in areas ranging from advanced manufacturing to human health.

    Its team also delivers ongoing guidance for advanced analytics projects in industry settings.

    Prof Sun encouraged the university to co-operate with universities in Hong Kong to participate in the InnoHK research clusters to strengthen global R&D collaboration.

    In the afternoon, the technology chief visited a startup that provides storage and delivery services in North America.

    Apart from adopting a smart platform that automatically processes orders and updates inventory levels in real time, the startup also utilises robotic shuttles to manage inventories automatically, thereby reducing the overall cost for logistics and delivery services.

    In the evening, Prof Sun attended a networking dinner organised by the Hong Kong-Canada Business Association (Toronto Chapter), where he had an exchange with Hong Kong young people studying and working in Toronto to learn more about their studies and work life.

    Prof Sun shared with them Hong Kong’s efforts to develop as an international I&T centre and build an international hub for high-calibre talent.

    He noted that it is of paramount importance to enlarge the talent pool for Hong Kong’s I&T development, adding that the city is an ideal destination for young people to develop their careers.

    He also encouraged Hong Kong youngsters to seize the myriad opportunities.

    Prof Sun will proceed to Ottawa and continue his visit.

    MIL OSI Asia Pacific News –

  • MIL-OSI: International Petroleum Corporation Announces Third Quarter 2024 Financial and Operational Results

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Nov. 05, 2024 (GLOBE NEWSWIRE) — International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) today released its financial and operational results and related management’s discussion and analysis (MD&A) for the three and nine months ended September 30, 2024.

    William Lundin, IPC’s President and Chief Executive Officer, comments: “We are pleased to announce another positive quarter of operational performance. IPC achieved average net daily production during the third quarter of 45,000 barrels of oil equivalent per day (boepd), following planned maintenance shutdowns during the quarter. We also continue to purchase IPC common shares under the normal course issuer bid (NCIB). We have now almost completed the 2023/2024 NCIB, reducing the outstanding number of common shares by over 6% since the beginning of December 2023. We intend to seek Toronto Stock Exchange approval to renew the NCIB in December 2024. We are also pleased to report on the progress achieved at the Blackrod Phase 1 development in Canada, which remains on schedule and on budget.”

    Q3 2024 Business Highlights

    • Average net production of approximately 45,000 boepd for Q3 2024, in line with guidance (49% heavy crude oil, 17% light and medium crude oil and 34% natural gas).(1)
    • Successful completion of planned maintenance shutdowns at Onion Lake Thermal (OLT) in Canada and the Bertam field in Malaysia.
    • Drilling activity at the Suffield area in Canada continued with four wells drilled in Q3 2024 and completed by October 2024.
    • Development activities on Phase 1 of the Blackrod project continue to progress on schedule and on budget, with forecast first oil in late 2026.
    • 2.6 million IPC common shares purchased and cancelled during Q3 2024 under IPC’s normal course issuer bid (NCIB), on track to complete the 2023/2024 NCIB during November 2024.
    • IPC plans to seek Toronto Stock Exchange approval for the renewal of the NCIB in December 2024.

    Q3 2024 Financial Highlights

    • Operating costs per boe of USD 17.9 for Q3 2024, below guidance.(3)
    • Operating cash flow (OCF) and Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) of MUSD 73 and MUSD 68 respectively in line with guidance for Q3 2024.(3)
    • Capital and decommissioning expenditures of MUSD 102 for Q3 2024, in line with guidance.
    • Free cash flow (FCF) for Q3 2024 amounted to MUSD -38 (MUSD 44 pre-Blackrod Phase 1 project funding).(3)
    • Gross cash of MUSD 299 and net debt of MUSD 157 as at September 30, 2024.(3)
    • Net result of MUSD 23 for Q3 2024.

    Reserves and Resources

    • Total 2P reserves as at December 31, 2023 of 468 MMboe, with a reserves life index (RLI) of 27 years.(1)(2)
    • Contingent resources (best estimate, unrisked) as at December 31, 2023 of 1,145 MMboe.(1)(2)

    2024 Annual Guidance

    • Full year 2024 average net production guidance range maintained at 46,000 to 48,000 boepd.(1)
    • Full year 2024 operating costs guidance revised to below USD 18 per boe.(3)
    • Full year 2024 OCF guidance estimated at between MUSD 335 and 342, assuming Brent USD 70 to 80 per barrel for the remainder of 2024.(3)
    • Full year 2024 capital and decommissioning expenditures guidance forecast maintained at MUSD 437.
    • Full year 2024 FCF guidance estimated at between MUSD -140 and -133 (between MUSD 222 and 229 pre-Blackrod Phase 1 project funding), assuming Brent USD 70 to 80 per barrel for the remainder of 2024.(3)
      Three months ended
    September 30    		   Nine months ended
    September 30
    USD Thousands 2024   2023     2024   2023  
    Revenue 173,200   257,366     598,659   655,446  
    Gross profit 39,505   93,429     167,397   210,559  
    Net result 22,875   71,681     101,804   143,269  
    Operating cash flow (3) 72,589   119,142     263,831   279,414  
    Free cash flow (3) (38,269 ) 34,703     (74,021 ) 67,379  
    EBITDA (3) 68,313   123,054     259,304   284,334  
    Net cash/(debt) (3) (157,228 ) 83,097     (157,228 ) 83,097  
                       

    Oil prices softened in the third quarter with Brent prices averaging USD 80 per barrel compared with USD 85 per barrel in the second quarter. Volatility during the quarter was high with Brent prices ranging from USD 89 per barrel in July to USD 70 per barrel in September. Notwithstanding the volatility in prices, the crude market was in a deficit through the third quarter, aided by the proactive supply management by the OPEC+ group. The continued conflicts in the Middle East and Ukraine led to increased oil prices, though these were partially offset by concerns over global oil demand growth, in particular consumer and industrial demand in China. Despite some of these negative factors, the physical market remains tight with OECD crude stock levels below the five-year average, with oil demand expected to be at an all-time high in 2024 and continue to grow in 2025. Approximately 50% of IPC’s forecast 2024 oil production is hedged at USD 80 per barrel WTI or USD 85 per barrel Dated Brent through to the end of 2024.

    The third quarter 2024 WTI to Western Canadian Select (WCS) price differentials averaged just under USD 14 per barrel, in line with the second quarter and approximately USD 5 per barrel lower than the first quarter differential average of USD 19 per barrel. The Trans Mountain expansion (TMX) pipeline continues to support tighter differentials with the Western Canadian Sedimentary Basin (WCSB) now having excess spare pipeline capacity for the first time in more than a decade. Crude exports from the new TMX pipeline are flowing off the coast of British Columbia, with deliveries to the US West Coast and Asia creating new end destinations for Canadian heavy oil. Around 70% of our forecast 2024 Canadian WCS production volumes are hedged at a WTI/WCS differential of USD 15 per barrel.

    Natural gas prices in Canada remained suppressed in the third quarter, with AECO pricing averaging CAD 0.67 per Mcf during the period, compared to CAD 1.17 per Mcf average for the second quarter. This has led to some Canadian natural gas producers curtailing production as western Canada gas storage levels continue to sit above the five-year range. IPC implemented hedges during the third quarter for approximately 14,500 Mcf per day at CAD 1.57 per Mcf from August to year end 2024.

    Third Quarter 2024 Highlights and Full Year 2024 Guidance

    IPC delivered average daily production rates of 45,000 boepd for the third quarter. The average daily production for the first nine months of 2024 was 47,400 boepd and the full year Capital Markets Day (CMD) production guidance of 46,000 to 48,000 boepd is maintained. During the third quarter, planned maintenance shutdowns at the Onion Lake Thermal (OLT) asset in Canada and at the Bertam field in Malaysia were successfully completed. High uptimes were achieved across all major producing assets in our portfolio during the quarter and the business benefited from the oil wells drilled within our Southern Alberta assets and the new wells brought on stream from sustaining Pad L at the OLT asset.(1)

    Operating costs in the third quarter of 2024 were below forecast at USD 17.9 per boe. The lower costs were largely driven by lower energy input costs within our Canadian asset base. Full year 2024 operating costs guidance is revised to less than USD 18 per boe, below the CMD guidance range of USD 18 to 19 per boe.(3)

    Operating cash flow (OCF) for the third quarter of 2024 was USD 73 million in line with forecast. Full year 2024 OCF guidance is revised to USD 335 to 342 million (assuming Brent USD 70 to 80 per barrel for the remainder of 2024).(3)

    Capital and decommissioning expenditure for the third quarter was in line with plan at USD 102 million. Our full year 2024 capital and decommissioning expenditure guidance is unchanged at USD 437 million.

    Free cash flow (FCF) was USD -38 million (or USD 44 million pre-Blackrod Phase 1 development funding) during the third quarter of 2024. Full year 2024 FCF guidance is revised to USD -140 to -133 million (or USD 222 to 229 million pre-Blackrod Phase 1 development funding) assuming Brent USD 70 to 80 per barrel for the remainder of 2024.(3)

    Net debt was increased during the third quarter of 2024 by approximately USD 69 million to USD 157 million.(3) This is due to the growth capital expenditure at the Blackrod Phase 1 project and continued funding of the normal course issuer bid (NCIB) share repurchase program. The gross cash position as at September 30, 2024 was USD 299 million. In the third quarter, IPC enhanced its financing position by entering into a letter of credit facility in Canada to cover all of its existing operational letters of credit, giving full availability under IPC’s undrawn CAD 180 million Revolving Credit Facility.

    With a robust balance sheet and strong cashflow generation from the producing assets, IPC is strongly positioned to deliver on our three strategic pillars of organic growth, shareholder returns and pursue value-adding M&A.

    Blackrod Phase 1 Project

    The Blackrod asset is 100% owned by IPC and hosts the largest booked reserves and contingent resources within the IPC portfolio. After more than a decade of pilot operations, subsurface delineation and commercial engineering studies, IPC sanctioned the Phase 1 development in the first quarter of 2023. The Phase 1 development targets 218 MMboe of 2P reserves, with a multi-year forecast capital expenditure of USD 850 million to first oil planned in late 2026. The Phase 1 development is planned for plateau production of 30,000 bopd which is expected by early 2028.(1)(2)

    2024 marks a peak investment year at the Blackrod Phase 1 project for IPC, with USD 362 million planned to be spent in the year. Project progress has advanced according to plan, with approximately USD 245 million spent through the first nine months of 2024. All major third-party contracts have been executed, including but not limited to, the engineering, procurement and construction (EPC) agreements for the central processing facility (CPF) and well pad facilities, midstream agreements for the input fuel gas, diluent and oil blend pipelines, and drilling rig and stakeholder agreements. All major long lead items have been procured and pre-operations onboarding continues as the asset undergoes rapid change from a pilot steam assisted gravity drainage (SAGD) operation to a commercial SAGD operation. IPC’s core operational philosophy is to responsibly develop and commission projects with the staff that are going to manage and operate the asset to ensure the seamless transition from development to operations.

    As at the end of the third quarter of 2024, over half of the Blackrod Phase 1 development capital had been spent since the project sanction in early 2023. All major work streams are progressing as planned and the focus continues to be on executing the detailed sequencing of events as facility modules are safely delivered and installed at site. The total Phase 1 project guidance of USD 850 million capital expenditure to first oil in late 2026 is unchanged. IPC intends to fund the remaining Blackrod Phase 1 development costs with forecast cash flow generated by its operations and cash on hand.

    Stakeholder Returns: Normal Course Issuer Bid

    Under the current 2023/2024 NCIB, IPC has the ability to repurchase up to approximately 8.3 million common shares over the period of December 5, 2023 to December 4, 2024. IPC repurchased and cancelled approximately 7.5 million common shares up to the end of September 2024. The average price of common shares purchased under the 2023/2024 NCIB was SEK 132 / CAD 17 per share. IPC expects to complete the 2023/2024 NCIB during November 2024, resulting in the cancellation of 6.5% of the total number of common shares outstanding as at the beginning of December 2023.

    As at September 30, 2024, IPC had a total of 120,751,038 common shares issued and outstanding and IPC held 30,000 common shares in treasury. As at October 31, 2024, IPC had a total of 120,244,638 common shares issued and outstanding and IPC held 44,400 common shares in treasury.

    The IPC Board of Directors has approved, subject to acceptance by the Toronto Stock Exchange (TSX), the renewal of IPC’s NCIB for a further twelve months from December 2024 to December 2025. We expect that the 2024/2025 NCIB will permit IPC to purchase on the TSX and/or Nasdaq Stockholm, and cancel, up to a further approximately 7.5 million common shares, representing approximately 6.2% of the total outstanding common shares (or 10% of IPC’s “public float” under applicable TSX rules) following completion of the current 2023/2024 NCIB. IPC continues to believe that reducing the number of common shares outstanding while in parallel investing in material production growth at the Blackrod project will prove to be a winning formula for our stakeholders.

    Environmental, Social and Governance (ESG) Performance

    As part of IPC’s commitment to operational excellence and responsible development, its objective is to reduce risk and eliminate hazards to prevent occurrence of accidents, ill health, and environmental damage, as these are essential to the success of our business operations. During the third quarter of 2024, IPC recorded no material safety or environmental incidents.

    As previously announced, IPC targets a reduction of our net GHG emissions intensity by the end of 2025 to 50% of IPC’s 2019 baseline and IPC remains on track to achieve this reduction. During the first quarter of 2024, IPC announced the commitment to remain at end 2025 levels of 20 kg CO2/boe through to the end of 2028.(4)

    Notes:

    (1) See “Supplemental Information regarding Product Types” in “Reserves and Resources Advisory” below. See also the annual information form for the year ended December 31, 2023 (AIF) available on IPC’s website at www.international-petroleum.com and under IPC’s profile on SEDAR+ at www.sedarplus.ca.
    (2) See “Reserves and Resources Advisory“ below. Further information with respect to IPC’s reserves, contingent resources and estimates of future net revenue, including assumptions relating to the calculation of NPV, are described in the AIF.
    (3) Non-IFRS measures, see “Non-IFRS Measures” below and in the MD&A.
    (4) Emissions intensity is the ratio between oil and gas production and the associated carbon emissions, and net emissions intensity reflects gross emissions less operational emission reductions and carbon offsets.

    International Petroleum Corp. (IPC) is an international oil and gas exploration and production company with a high quality portfolio of assets located in Canada, Malaysia and France, providing a solid foundation for organic and inorganic growth. IPC is a member of the Lundin Group of Companies. IPC is incorporated in Canada and IPC’s shares are listed on the Toronto Stock Exchange (TSX) and the Nasdaq Stockholm exchange under the symbol “IPCO”.

    For further information, please contact:

    Rebecca Gordon
    SVP Corporate Planning and Investor Relations
    rebecca.gordon@international-petroleum.com
    Tel: +41 22 595 10 50    		       Or       Robert Eriksson
    Media Manager
    reriksson@rive6.ch
    Tel: +46 701 11 26 15
             

    This information is information that International Petroleum Corporation is required to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the contact persons set out above, at 07:30 CET on November 5, 2024. The Corporation’s unaudited interim condensed consolidated financial statements (Financial Statements) and management’s discussion and analysis (MD&A) for the three and nine months ended September 30, 2024 have been filed on SEDAR+ (www.sedarplus.ca) and are also available on the Corporation’s website (www.international-petroleum.com).

    Forward-Looking Statements
    This press release contains statements and information which constitute “forward-looking statements” or “forward-looking information” (within the meaning of applicable securities legislation). Such statements and information (together, “forward-looking statements”) relate to future events, including the Corporation’s future performance, business prospects or opportunities. Actual results may differ materially from those expressed or implied by forward-looking statements. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Forward-looking statements speak only as of the date of this press release, unless otherwise indicated. IPC does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by applicable laws.

    All statements other than statements of historical fact may be forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, forecasts, guidance, budgets, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “forecast”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “budget” and similar expressions) are not statements of historical fact and may be “forward-looking statements”.

    Forward-looking statements include, but are not limited to, statements with respect to:

    • 2024 production ranges (including total daily average production), production composition, cash flows, operating costs and capital and decommissioning expenditure estimates;
    • Estimates of future production, cash flows, operating costs and capital expenditures that are based on IPC’s current business plans and assumptions regarding the business environment, which are subject to change;
    • IPC’s financial and operational flexibility to continue to react to recent events and navigate the Corporation through periods of volatile commodity prices;
    • The ability to fully fund future expenditures from cash flows and current borrowing capacity;
    • IPC’s intention and ability to continue to implement strategies to build long-term shareholder value;
    • The ability of IPC’s portfolio of assets to provide a solid foundation for organic and inorganic growth;
    • The continued facility uptime and reservoir performance in IPC’s areas of operation;
    • Development of the Blackrod project in Canada, including estimates of resource volumes, future production, timing, regulatory approvals, third party commercial arrangements, breakeven prices and net present value;
    • Current and future production performance, operations and development potential of the Onion Lake Thermal, Suffield, Brooks, Ferguson and Mooney operations, including the timing and success of future oil and gas drilling and optimization programs;
    • The potential improvement in the Canadian oil egress situation and IPC’s ability to benefit from any such improvements;
    • The ability to maintain current and forecast production in France and Malaysia;
    • The intention and ability of IPC to acquire further common shares under the NCIB, including the timing of any such purchases;
    • The ability of IPC to renew the NCIB and the number of common shares which may be purchased under a renewed NCIB;
    • The return of value to IPC’s shareholders as a result of the NCIB;
    • The ability of IPC to implement further shareholder distributions in addition to the NCIB;
    • IPC’s ability to implement its greenhouse gas (GHG) emissions intensity and climate strategies and to achieve its net GHG emissions intensity reduction targets;
    • IPC’s ability to implement projects to reduce net emissions intensity, including potential carbon capture and storage;
    • Estimates of reserves and contingent resources;
    • The ability to generate free cash flows and use that cash to repay debt;
    • IPC’s continued access to its existing credit facilities, including current financial headroom, on terms acceptable to the Corporation;
    • IPC’s ability to maintain operations, production and business in light of any future pandemics and the restrictions and disruptions related thereto, including risks related to production delays and interruptions, changes in laws and regulations and reliance on third-party operators and infrastructure;
    • IPC’s ability to identify and complete future acquisitions;
    • Expectations regarding the oil and gas industry in Canada, Malaysia and France, including assumptions regarding future royalty rates, regulatory approvals, legislative changes, and ongoing projects and their expected completion; and
    • Future drilling and other exploration and development activities.

    Statements relating to “reserves” and “contingent resources” are also deemed to be forward-looking statements, as they involve the implied assessment, based on certain estimates and assumptions, that the reserves and resources described exist in the quantities predicted or estimated and that the reserves and resources can be profitably produced in the future. Ultimate recovery of reserves or resources is based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management.

    Although IPC believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because IPC can give no assurances that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks.

    These include, but are not limited to general global economic, market and business conditions; the risks associated with the oil and gas industry in general such as operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of estimates and projections relating to reserves, resources, production, revenues, costs and expenses; health, safety and environmental risks; commodity price fluctuations; interest rate and exchange rate fluctuations; marketing and transportation; loss of markets; environmental and climate-related risks; competition; innovation and cybersecurity risks related to our systems, including our costs of addressing or mitigating such risks; the ability to attract, engage and retain skilled employees; incorrect assessment of the value of acquisitions; failure to complete or realize the anticipated benefits of acquisitions or dispositions; the ability to access sufficient capital from internal and external sources; failure to obtain required regulatory and other approvals; geopolitical conflicts, including the war between Ukraine and Russia and the conflict in the Middle East, and their potential impact on, among other things, global market conditions; and changes in legislation, including but not limited to tax laws, royalties, environmental and abandonment regulations.

    Additional information on these and other factors that could affect IPC, or its operations or financial results, are included in the MD&A (See “Risk Factors”, “Cautionary Statement Regarding Forward-Looking Information” and “Reserves and Resources Advisory” therein), the Corporation’s Annual Information Form (AIF) for the year ended December 31, 2023, (See “Cautionary Statement Regarding Forward-Looking Information”, “Reserves and Resources Advisory” and “Risk Factors”) and other reports on file with applicable securities regulatory authorities, including previous financial reports, management’s discussion and analysis and material change reports, which may be accessed through the SEDAR+ website (www.sedarplus.ca) or IPC’s website (www.international-petroleum.com).

    Management of IPC approved the production, operating costs, operating cash flow, capital and decommissioning expenditures and free cash flow guidance and estimates contained herein as of the date of this press release. The purpose of these guidance and estimates is to assist readers in understanding IPC’s expected and targeted financial results, and this information may not be appropriate for other purposes.

    Non-IFRS Measures
    References are made in this press release to “operating cash flow” (OCF), “free cash flow” (FCF), “Earnings Before Interest, Tax, Depreciation and Amortization” (EBITDA), “operating costs” and “net debt”/”net cash”, which are not generally accepted accounting measures under International Financial Reporting Standards (IFRS) and do not have any standardized meaning prescribed by IFRS and, therefore, may not be comparable with similar measures presented by other public companies. Non-IFRS measures should not be considered in isolation or as a substitute for measures prepared in accordance with IFRS.

    The definition of each non-IFRS measure is presented in IPC’s MD&A (See “Non-IFRS Measures” therein).

    Operating cash flow
    The following table sets out how operating cash flow is calculated from figures shown in the Financial Statements:

      Three months ended September 30   Nine months ended September 30
    USD Thousands 2024   2023     2024   2023  
    Revenue 173,200   257,366     598,659   655,446  
    Production costs (100,984 ) (130,765 )   (328,110 ) (364,889 )
    Current tax 373   (7,459 )   (6,718 ) (16,045 )
    Operating cash flow 72,589   119,142     263,831   274,512  
                       

    The operating cash flow for the nine months ended September 30, 2023 including the operating cash flow contribution of the Brooks assets acquisition from the effective date of January 1, 2023 to the completion date of March 3, 2023 amounted to USD 279,414 thousand.

    Free cash flow
    The following table sets out how free cash flow is calculated from figures shown in the Financial Statements:

      Three months ended September 30   Nine months ended September 30
    USD Thousands 2024   2023     2024   2023  
    Operating cash flow – see above 72,589   119,142     263,831   274,512  
    Capital expenditures (99,100 ) (76,844 )   (308,457 ) (183,904 )
    Abandonment and farm-in expenditures1 (2,575 ) (2,755 )   (4,938 ) (7,683 )
    General, administration and depreciation expenses before depreciation2 (3,903 ) (3,547 )   (11,245 ) (11,124 )
    Cash financial items3 (5,280 ) (1,293 )   (13,212 ) (3,593 )
    Free cash flow (38,269 ) 34,703     (74,021 ) 68,208  

    1 See note 16 to the Financial Statements
    2 Depreciation is not specifically disclosed in the Financial Statements
    3 See notes 4 and 5 to the Financial Statements

    The free cash flow for the nine months ended September 30, 2023 including the free cash flow contribution of the Brooks assets acquisition from the effective date of January 1, 2023 to the completion date of March 3, 2023 amounted to USD 67,379 thousand.

    EBITDA
    The following table sets out the reconciliation from net result from the consolidated statement of operations to EBITDA:

      Three months ended September 30   Nine months ended September 30
    USD Thousands 2024   2023     2024   2023  
    Net result 22,875   71,681     101,804   143,269  
    Net financial items 4,124   4,257     23,942   16,227  
    Income tax 8,257   25,451     29,473   50,671  
    Depletion and decommissioning costs 30,491   31,687     96,305   71,488  
    Depreciation of other tangible fixed assets 2,023   1,509     6,503   6,503  
    Exploration and business development costs 197   (24 )   344   2,007  
    Depreciation included in general, administration and depreciation expenses 1 346   405     933   1,180  
    Sale of Assets –   (11,912 )   –   (11,912 )
    EBITDA 68,313   123,054     259,304   279,433  

    1 Item is not shown in the Financial Statements

    The EBITDA for the nine months ended September 30, 2023 including the EBITDA contribution of the Brooks assets acquisition from the effective date of January 1, 2023 to the completion date of March 3, 2023 amounted to USD 284,334 thousand.

    Operating costs
    The following table sets out how operating costs is calculated:

      Three months ended September 30   Nine months ended September 30
    USD Thousands 2024   2023     2024   2023  
    Production costs 100,984   130,765     328,110   364,889  
    Cost of blending (29,818 ) (39,836 )   (116,699 ) (128,523 )
    Change in inventory position 2,755   (8,067 )   3,160   2,228  
    Operating costs 73,921   82,862     214,571   238,594  

    The operating costs for the nine months ended September 30, 2023 including the operating costs contribution of the Brooks assets acquisition from the effective date of January 1, 2023 to the completion date of March 3, 2023 amounted to USD 245,395 thousand.

    Net cash/(debt)
    The following table sets out how net cash/(debt) is calculated:

    USD Thousands September 30, 2024   December 31, 2023  
    Bank loans (6,431 ) (9,031 )
    Bonds1 (450,000 ) (450,000 )
    Cash and cash equivalents 299,203   517,074  
    Net cash/(debt) (157,228 ) 58,043  

    1 The bond amount represents the redeemable value at maturity (February 2027).

    Reserves and Resources Advisory
    This press release contains references to estimates of gross and net reserves and resources attributed to the Corporation’s oil and gas assets. For additional information with respect to such reserves and resources, refer to “Reserves and Resources Advisory” in the MD&A. Light, medium and heavy crude oil reserves/resources disclosed in this press release include solution gas and other by-products. Also see “Supplemental Information regarding Product Types” below.

    Reserve estimates, contingent resource estimates and estimates of future net revenue in respect of IPC’s oil and gas assets in Canada are effective as of December 31, 2023, and are included in the reports prepared by Sproule Associates Limited (Sproule), an independent qualified reserves evaluator, in accordance with National Instrument 51-101 – Standards of Disclosure for Oil and Gas Activities (NI 51-101) and the Canadian Oil and Gas Evaluation Handbook (the COGE Handbook) and using Sproule’s December 31, 2023 price forecasts.

    Reserve estimates, contingent resource estimates and estimates of future net revenue in respect of IPC’s oil and gas assets in France and Malaysia are effective as of December 31, 2023, and are included in the report prepared by ERC Equipoise Ltd. (ERCE), an independent qualified reserves auditor, in accordance with NI 51-101 and the COGE Handbook, and using Sproule’s December 31, 2023 price forecasts.

    The price forecasts used in the Sproule and ERCE reports are available on the website of Sproule (sproule.com) and are contained in the AIF. These price forecasts are as at December 31, 2023 and may not be reflective of current and future forecast commodity prices.

    The reserve life index (RLI) is calculated by dividing the 2P reserves of 468 MMboe as at December 31, 2023 by the mid-point of the 2024 CMD production guidance of 46,000 to 48,000 boepd.

    IPC uses the industry-accepted standard conversion of six thousand cubic feet of natural gas to one barrel of oil (6 Mcf = 1 bbl). A BOE conversion ratio of 6:1 is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. As the value ratio between natural gas and crude oil based on the current prices of natural gas and crude oil is significantly different from the energy equivalency of 6:1, utilizing a 6:1 conversion basis may be misleading as an indication of value.

    Supplemental Information regarding Product Types

    The following table is intended to provide supplemental information about the product type composition of IPC’s net average daily production figures provided in this press release:

      Heavy Crude Oil
    (Mbopd)    		 Light and Medium Crude Oil (Mbopd) Conventional Natural Gas (per day) Total
    (Mboepd)
    Three months ended        
    September 30, 2024 21.9 7.8 91.9 MMcf
    (15.3 Mboe)    		 45.0
    September 30, 2023 25.8 7.1 103.4 MMcf
    (17.3 Mboe)    		 50.2
    Nine months ended        
    September 30, 2024 23.7 7.9 94.8 MMcf
    (15.8 Mboe)    		 47.4
    September 30, 2023 25.9 8.6 102.4 MMcf
    (17.1 Mboe)    		 51.6
    Year ended        
    December 31, 2023 25.8 8.1 102.8 MMcf
    (17.1 Mboe)    		 51.1
             

    This press release also makes reference to IPC’s forecast total average daily production of 46,000 to 48,000 boepd for 2024. IPC estimates that approximately 50% of that production will be comprised of heavy oil, approximately 16% will be comprised of light and medium crude oil and approximately 34% will be comprised of conventional natural gas.

    Currency
    All dollar amounts in this press release are expressed in United States dollars, except where otherwise noted. References herein to USD mean United States dollars and to MUSD mean millions of United States dollars. References herein to CAD mean Canadian dollars.

    The MIL Network –

  • MIL-OSI Asia-Pac: Import of poultry meat and products from areas in US and Canada suspended

    Source: Hong Kong Government special administrative region

         The Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department announced today (November 5) that in view of notifications from the World Organisation for Animal Health (WOAH) about outbreaks of highly pathogenic H5N1 avian influenza in Clackamas County of the State of Oregon, Kings County of the State of California and Cache County of the State of Utah in the United States (US) and Rural Municipality of Willner No. 253 of Saskatchewan Province in Canada, the CFS has instructed the trade to suspend the import of poultry meat and products (including poultry eggs) from the above-mentioned areas with immediate effect to protect public health in Hong Kong.

         A CFS spokesman said that according to the Census and Statistics Department, Hong Kong imported about about 63 470 tonnes of chilled and frozen poultry meat and about 17.2 million poultry eggs from the US, and about 370 tonnes of frozen poultry meat from Canada in the first nine months of this year.

         “The CFS has contacted the American and Canadian authorities over the issues and will closely monitor information issued by the WOAH and the relevant authorities on the avian influenza outbreaks. Appropriate action will be taken in response to the development of the situation,” the spokesman said.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Foreign Minister Lin visits jointly constructed neonatal building of San Juan de Dios Hospital and joins Guatemalan Foreign Minister Martínez in celebrating 90th anniversary of bilateral ties

    Source: Republic of China Taiwan 3

    Foreign Minister Lin visits jointly constructed neonatal building of San Juan de Dios Hospital and joins Guatemalan Foreign Minister Martínez in celebrating 90th anniversary of bilateral ties

    Date：2024-10-27
    Data Source：Department of Latin American and Caribbean Affairs

    October 27, 2024  
    No. 371  

    On October 25, during his visit to Guatemala, Minister of Foreign Affairs Lin Chia-lung met with President Bernardo Arévalo, Foreign Minister Carlos Martínez, and other senior officials. He also toured the neonatal building of San Juan de Dios Hospital, which finished construction this year with assistance from Taiwan. While at the new building, Minister Lin interacted with families that benefited from the joint endeavor, giving him the opportunity to better understand the fruits of Taiwan-Guatemala collaboration. 
     
    Hospital Director Erika Pérez and Pediatrics Department Chief Juan Carlos Reyes introduced the facilities and functions of the building to Minister Lin when he toured the neonatal building in the morning. Accompanied by Guatemalan Minister of Public Health and Social Assistance Joaquín Barnoya, Minister Lin attended a traditional Taiwanese ceremony to bless infants and gave gifts to the attending families. 
     
    In his remarks at San Juan de Dios Hospital, Minister Lin stated that, in addition to the joint construction of the hospital’s neonatal building, Taiwan’s technical mission and Guatemala are working on a program to promote maternal and neonatal health care. The initiative will assist in training medical professionals at hospitals and birth centers in Guatemala City to enhance their ability to give women clinical care before, during, and after childbirth and reduce premature birth and infant mortality risks, benefiting 70,000 people each year. It will also arrange for related personnel from Guatemala to travel to Taiwan for training. Over 450 health care professionals are expected to receive training, thereby raising the quality of services available to women and children in Guatemala. It took just 12 months for Taiwan and Guatemala to complete the planning and construction of the neonatal building of San Juan de Dios Hospital, which has helped improve maternal and neonatal care. The important project has been met with wide approval from the government and civil society of Guatemala. 
     
    In the afternoon, Minister Lin called at Guatemala’s Ministry of Foreign Affairs to meet with Minister Martínez, who invited him to view bamboo planted by Taiwan’s technical mission in the square outside the building. The plants commemorate 90 years of friendship and diplomatic relations between Taiwan and Guatemala. (E)

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Foreign Minister Lin leads delegation to Saint Vincent and the Grenadines as presidential envoy to attend 45th independence anniversary celebrations

    Source: Republic of China Taiwan 3

    Foreign Minister Lin leads delegation to Saint Vincent and the Grenadines as presidential envoy to attend 45th independence anniversary celebrations

    Date：2024-10-28
    Data Source：Department of Latin American and Caribbean Affairs

    October 28, 2024 
    No. 375 

    Minister of Foreign Affairs Lin Chia-lung, serving as President Lai Ching-te’s special envoy, led a delegation to Caribbean ally Saint Vincent and the Grenadines on October 26. He participated in a ceremony and other celebrations marking the 45th anniversary of the independence of Saint Vincent and the Grenadines. In addition, he met with Governor-General Susan Dougan, held bilateral talks with Prime Minister Ralph Gonsalves, attended a welcome reception hosted by the government, and took part in other official events.
     
    Minister Lin joined Prime Minister Gonsalves in presiding over the groundbreaking ceremony for the Arnos Vale Acute Care Hospital. He also attended the official opening of a farmers training room and a cold storage facility built at Orange Hill Farm with Taiwan’s support; a plaque unveiling for a new livestock facility at the Rabacca National Breeding Station; and an October fair celebrating the national days of both countries. Minister Lin reaffirmed President Lai’s staunch commitment to deepening relations with Saint Vincent and the Grenadines and, together with local residents, witnessed the results of Taiwan’s international development programs.
     
    Speaking at the groundbreaking ceremony for the Arnos Vale Acute Care Hospital, Minister Lin said that the important project highlighted the close partnership between the two countries. He expressed confidence that it would not only contribute to medical care modernization but also create job opportunities in Saint Vincent and the Grenadines. He stated that in addition to building the hospital, Taiwan had also promoted other infrastructure projects, including the modernization of Kingstown Port, road renovation, and the construction of the House of Assembly and courthouse buildings.
     
    During the event at Orange Hill Farm, Minister Lin noted that bilateral cooperation in agricultural technology had yielded significant results. He commended the establishment of Orange Hill Biotechnology Center, which had long served as a key pillar for agricultural advancement and modernization of the sector in Saint Vincent and the Grenadines. He also spoke about the launch of a new agricultural cooperation program in 2025 focusing on the introduction of smart agricultural technologies to improve productivity and bolster young people’s engagement in agriculture.
     
    The Republic of China (Taiwan) and Saint Vincent and the Grenadines established diplomatic relations in 1981. Over the past 43 years, bilateral cooperation projects have produced remarkable achievements. The two countries enjoy a cordial and solid partnership; share the core values of democracy, freedom, and human rights; and engage in close collaboration in such domains as agriculture, food security, infrastructure, medical care, public health, ICT, and women’s empowerment. Both nations will continue to build on the existing robust foundation to strengthen cooperation and deepen their partnership based on shared prosperity and mutual benefit. (E)

    MIL OSI Asia Pacific News –

  • MIL-OSI China: Foreign Minister Lin visits jointly constructed neonatal building of San Juan de Dios Hospital and joins Guatemalan Foreign Minister Martínez in celebrating 90th anniversary of bilateral ties

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    Foreign Minister Lin visits jointly constructed neonatal building of San Juan de Dios Hospital and joins Guatemalan Foreign Minister Martínez in celebrating 90th anniversary of bilateral ties

    • Date：2024-10-27
    • Data Source：Department of Latin American and Caribbean Affairs

    October 27, 2024  

    No. 371  

    On October 25, during his visit to Guatemala, Minister of Foreign Affairs Lin Chia-lung met with President Bernardo Arévalo, Foreign Minister Carlos Martínez, and other senior officials. He also toured the neonatal building of San Juan de Dios Hospital, which finished construction this year with assistance from Taiwan. While at the new building, Minister Lin interacted with families that benefited from the joint endeavor, giving him the opportunity to better understand the fruits of Taiwan-Guatemala collaboration. 

     

    Hospital Director Erika Pérez and Pediatrics Department Chief Juan Carlos Reyes introduced the facilities and functions of the building to Minister Lin when he toured the neonatal building in the morning. Accompanied by Guatemalan Minister of Public Health and Social Assistance Joaquín Barnoya, Minister Lin attended a traditional Taiwanese ceremony to bless infants and gave gifts to the attending families. 

     

    In his remarks at San Juan de Dios Hospital, Minister Lin stated that, in addition to the joint construction of the hospital’s neonatal building, Taiwan’s technical mission and Guatemala are working on a program to promote maternal and neonatal health care. The initiative will assist in training medical professionals at hospitals and birth centers in Guatemala City to enhance their ability to give women clinical care before, during, and after childbirth and reduce premature birth and infant mortality risks, benefiting 70,000 people each year. It will also arrange for related personnel from Guatemala to travel to Taiwan for training. Over 450 health care professionals are expected to receive training, thereby raising the quality of services available to women and children in Guatemala. It took just 12 months for Taiwan and Guatemala to complete the planning and construction of the neonatal building of San Juan de Dios Hospital, which has helped improve maternal and neonatal care. The important project has been met with wide approval from the government and civil society of Guatemala. 

     

    In the afternoon, Minister Lin called at Guatemala’s Ministry of Foreign Affairs to meet with Minister Martínez, who invited him to view bamboo planted by Taiwan’s technical mission in the square outside the building. The plants commemorate 90 years of friendship and diplomatic relations between Taiwan and Guatemala. (E)

    MIL OSI China News –

  • MIL-OSI China: Foreign Minister Lin leads delegation to Saint Vincent and the Grenadines as presidential envoy to attend 45th independence anniversary celebrations

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    Foreign Minister Lin leads delegation to Saint Vincent and the Grenadines as presidential envoy to attend 45th independence anniversary celebrations

    • Date：2024-10-28
    • Data Source：Department of Latin American and Caribbean Affairs

    October 28, 2024 

    No. 375 

    Minister of Foreign Affairs Lin Chia-lung, serving as President Lai Ching-te’s special envoy, led a delegation to Caribbean ally Saint Vincent and the Grenadines on October 26. He participated in a ceremony and other celebrations marking the 45th anniversary of the independence of Saint Vincent and the Grenadines. In addition, he met with Governor-General Susan Dougan, held bilateral talks with Prime Minister Ralph Gonsalves, attended a welcome reception hosted by the government, and took part in other official events.

     

    Minister Lin joined Prime Minister Gonsalves in presiding over the groundbreaking ceremony for the Arnos Vale Acute Care Hospital. He also attended the official opening of a farmers training room and a cold storage facility built at Orange Hill Farm with Taiwan’s support; a plaque unveiling for a new livestock facility at the Rabacca National Breeding Station; and an October fair celebrating the national days of both countries. Minister Lin reaffirmed President Lai’s staunch commitment to deepening relations with Saint Vincent and the Grenadines and, together with local residents, witnessed the results of Taiwan’s international development programs.

     

    Speaking at the groundbreaking ceremony for the Arnos Vale Acute Care Hospital, Minister Lin said that the important project highlighted the close partnership between the two countries. He expressed confidence that it would not only contribute to medical care modernization but also create job opportunities in Saint Vincent and the Grenadines. He stated that in addition to building the hospital, Taiwan had also promoted other infrastructure projects, including the modernization of Kingstown Port, road renovation, and the construction of the House of Assembly and courthouse buildings.

     

    During the event at Orange Hill Farm, Minister Lin noted that bilateral cooperation in agricultural technology had yielded significant results. He commended the establishment of Orange Hill Biotechnology Center, which had long served as a key pillar for agricultural advancement and modernization of the sector in Saint Vincent and the Grenadines. He also spoke about the launch of a new agricultural cooperation program in 2025 focusing on the introduction of smart agricultural technologies to improve productivity and bolster young people’s engagement in agriculture.

     

    The Republic of China (Taiwan) and Saint Vincent and the Grenadines established diplomatic relations in 1981. Over the past 43 years, bilateral cooperation projects have produced remarkable achievements. The two countries enjoy a cordial and solid partnership; share the core values of democracy, freedom, and human rights; and engage in close collaboration in such domains as agriculture, food security, infrastructure, medical care, public health, ICT, and women’s empowerment. Both nations will continue to build on the existing robust foundation to strengthen cooperation and deepen their partnership based on shared prosperity and mutual benefit. (E)

    MIL OSI China News –