NewzIntel.com

Category: Energy

  • MIL-OSI USA: Welch Grills Trump’s Pick to Lead IRS 

    US Senate News:

    Source: United States Senator Peter Welch (D-Vermont)
    Welch on Trump using the IRS for political goals: “The president is not restrained by what’s legal or not.” 
    WASHINGTON, D.C.—In a Senate Finance Committee hearing today, U.S. Senator Peter Welch (D-Vt.) grilled President Trump’s nominee to lead the Internal Revenue Service (IRS). Senator Welch asked former Congressman Billy Long about how cuts to IRS staff will affect the ability of the IRS to hold billionaire tax cheats accountable, and how gutting IRS funding and staff will hurt services and help for U.S. taxpayers. Senator Welch also questioned Mr. Long on President Trump’s actions to undercut institutes of higher education. 
    Welch: The Administration, President Trump, has specifically gone after higher education. There have been significant cuts in research funding to Columbia, to Harvard, and to other universities. The president, who will be your boss, has explicitly stated that he wants to eliminate the tax-exempt status for Harvard. What’s your opinion about the recommendation by the president that Harvard loses its tax-exempt status?  
    Long: I’m not over there. I haven’t seen why they would think that. But it’s something I want to get into and figure out once I’m over there. I’ve never been around it, so I don’t know. 
    Welch: One of the concerns here is that if a president is using the IRS as a tool to achieve his goals— 
    Long: That should not be done by anybody. 
    Welch: Alright, so you will tell Trump to pound sand if he comes to you as Commissioner— 
    Long: That’s my understanding. Like I said, if it is fair, not fair, legal, or not legal. If what you are saying is not legal, it should not be done and nobody should by able to do that.  
    Welch: You know, the President is not restrained by what’s legal or not…The president is explicitly stating he wants to go after Harvard—or [another] higher education institution is next—you will be in the line of fire on that. And what I’m looking for from you is not something you are able to give me right now, and that’s assurances that you will tell the president ‘no’ when he is using the IRS for a political objective. 
    Long: I said earlier the IRS will not and should not be politicized on my, or any, watch. 
    Watch the full exchange here: 
    ■■■ 
      
    Senator Welch’s Committee and Subcommittee Assignments for the 119th Congress include:  
    Senate Committee on Finance   
    Senate Committee on Agriculture, Nutrition, & Forestry 
    Ranking Member, Subcommittee on Rural Development, Energy, and Credit   
    Senate Committee on the Judiciary 
    Ranking Member, Subcommittee on the Constitution   
    Senate Committee on Rules & Administration 
    Learn more about his work by visiting his website or by following him on social media. 

    MIL OSI USA News –

  • MIL-OSI NGOs: Campaigners stage ‘oil spill’ at Shell HQ to mark AGM and demand justice

    Source: Amnesty International –

    Striking visual protest staged by Amnesty UK, Fossil Free London, and Justice 4 Nigeria coalition coincides with Shell’s AGM

    This morning, activists from Amnesty International UK, Fossil Free London, and the Justice 4 Nigeria coalition staged a powerful protest outside Shell’s global headquarters in central London, demanding accountability for decades of oil pollution in Nigeria’s Niger Delta.

    Timed to coincide with Shell’s AGM – held in a Heathrow hotel protected by a court injunction against environmental protesters – the stunt featured dramatic visuals symbolising the ongoing environmental devastation Shell has caused.

    Campaigners in suits emblazoned with a flaming Shell logo poured fake oil onto a giant map of the Niger Delta. Seated protesters, wearing T-shirts reading “Decades of Oil Spills”, “Polluted Waters”, and “Devastated Communities”, represented those whose lives have been severely impacted by Shell’s operations. A striking red location pin declared: “It’s Hell in the Niger Delta”, while banners demanded: “Shell: Own up, Clean up, Pay up.”

    The protest drew strong media interest and public attention during the busy morning commute as Shell staff arrived for work.

    Shell’s operations in the Niger Delta have led to severe pollution of water, soil, and air, affecting the health and livelihoods of millions. Despite billions in profits and repeated court rulings, Shell has failed to adequately clean up the region or compensate those affected. Just this year, over 13,500 residents from Ogale and Bille filed claims against Shell in the UK High Court.

    Peter Frankental, Amnesty International UK’s Business and Human Rights Director, said:

    “Today’s protest was a stark reminder that Shell cannot simply wash its hands of decades of environmental devastation. Communities in the Niger Delta have suffered catastrophic harm – contaminated water, poisoned land, and shattered livelihoods – while Shell continues to make billions in profit.

    “The frustration and anger on display this morning reflect a wider truth: Shell must be held to account. It cannot walk away. The company must clean up its toxic legacy and provide full compensation to those whose lives it has wrecked.”

    Lazarus Tamana, Justice 4 Nigeria coalition co-founder, said:

    “Shell still refuses to clean up and pay up after so many years of Niger Delta people highlighting the damage Shell has caused. How is it still necessary for us to be here and call on Shell to clean up its mess? They have devastated our water, land, health and livelihoods and we continue to fight for justice.

    Shell admitted liability for their oil pollution in 2014, yet the Bodo community has had to drag Shell back to the courts here in London, just to get them to clean up. They must be held to account and compensate all affected communities.”

    Robin Wells, Director of Fossil Free London, said:

    “Year after year we have hit the front pages or millions of social media views holding Shell to account at their AGM, and we are sick to the back teeth. We’re not only sick of the devastation they cause, but we are sick of a system which rewards them handsomely for tearing down these fragile ecosystems that keep us all alive.

    Communities in the Niger Delta were some of the first to bear the brunt and we stand in solidarity with them as they fight for justice, but, make no mistake, like a Mexican wave of disaster, soon this climate meltdown will impact every single one of us.”

    Shell must not be allowed to walk away from its liabilities for the environmental destruction it has caused. Niger Delta communities will continue to demand full clean-up and compensation for the decades of harm that Shell has inflicted.

    For images contact the press office

    MIL OSI NGO –

  • MIL-OSI Europe: Written question – Energy Taxation Directive – E-001936/2025

    Source: European Parliament

    Question for written answer  E-001936/2025
    to the Commission
    Rule 144
    Lynn Boylan (The Left)

    The Commission tabled a proposal for a revision of the Energy Taxation Directive in July 2021. Almost four years later, no agreement has been reached, as the Council has yet to establish its general approach.

    • 1.Will the Commission provide an update on the status of its proposal to revise the Energy Taxation Directive?
    • 2.What concrete steps is the Commission taking to aid the Council to progress on its general approach?

    Submitted: 14.5.2025

    Last updated: 20 May 2025

    MIL OSI Europe News –

  • MIL-OSI USA: Congresswoman Jennifer McClellan and Health Care Advocates Join Protect Our Care Virginia As Republicans Charge Ahead With the Largest Medicaid Cuts in History

    Source: United States House of Representatives – Congresswoman Jennifer McClellan (Virginia 4th District)

    GOP’s Proposed Cuts to Medicaid Would Throw 206,000 Virginians Off Their Health Care

    RICHMOND, Va. — In case you missed it, Congresswoman Jennifer McClellan (VA-04) on Thursday joined Protect Our Care Virginia to discuss the latest developments in the GOP assault on Medicaid. 

    On Wednesday, the House Energy and Commerce Committee, on which Rep. McClellan serves, completed a 26-hour markup in which Republicans advanced the largest cuts to Medicaid in history in order to meet President Donald Trump’s demands to fund tax breaks for the wealthy. Republicans on the committee approved $715 billion in cuts to health care, mostly to Medicaid, and imposed new reporting requirements that are designed to throw people off the program. 

    Republicans on the House Budget Committee failed to advance the overall package on Friday, citing that they want to see even deeper cuts to Medicaid in Trump’s “One Big Beautiful Bill.” 

    Using data from the nonpartisan Congressional Budget Office, The Commonwealth Institute for Fiscal Analysis (TCI) estimated that 206,000 people will lose Medicaid in Virginia. Additionally, TCI found that 147,000 Virginians who have Medicaid would be subject to up to $35 copays for certain services. Republican Congressman Morgan Griffith (VA-09), who also sits on the House Energy and Commerce Committee, has defended raising out-of-pocket health care costs on Virginians. 

    Due to cuts to Medicaid and a change in a rule to the Affordable Care Act, 8.6 million people will lose their health care under the plan the committee advanced. A total of 13.7 million people will become uninsured when factoring in those who will no longer be able to afford to buy insurance through the ACA marketplaces due to the expiration of enhanced premium tax credits. Republicans are refusing to extend the tax credits past 2025. 

    “Due to these changes, you lose your health insurance under Medicaid, you lose your subsidy to be able to purchase insurance through the Marketplace,” said Congresswoman Jennifer McClellan. “That’s how we get to 13.7 million people who will lose health insurance. Those costs will go to the rest of us. Providers will feel the stress of that. We will have rural hospitals threatening to close again, like we did before we expanded in Virginia. About 200,000 Virginians stand to lose access to their health care here. And why? Why are we doing this? To fund tax cuts for the wealthiest 1% by making the 2017 Trump tax cuts permanent …This is taking away from the least of these to help those who don’t need the help. And that is a big part of the story that my colleagues on the other side of the aisle don’t want to talk about.”

    “When all the proposals under the House Republican health care plan are fully implemented, approximately 206,000 Virginians will lose their health coverage,” said Ashley Kenneth, President of The Commonwealth Institute for Fiscal Analysis. “The people poised to lose their health care already struggle with the high cost of living in our state and cannot afford to pay more for their health care. They will choose to go without insurance because they will have no other choice.”

    “Let me be clear, this is a direct threat to the health care access of tens of thousands of Virginians,” said Jamie Lockhart, Executive Director of Planned Parenthood Advocates of Virginia. “Nearly 25,000 people in Virginia relied on Planned Parenthood health centers last year for cancer screenings, STI treatment, birth control, and more. Medicaid is one of the primary ways those patients pay for care. If this proposal moves forward, they’re not just losing a provider. They’re losing the provider they trust.”

    “So I just want to tell Congress, don’t make it harder for people to get Medicaid, please don’t make it harder to stay on Medicaid, and please don’t question our work ethic, because that is insulting,” said Andrew Daughtry of Henrico County, who suffered multiple on-the-job injuries while working construction. “I couldn’t get health care through my job, but I need Medicaid to pay for the thousands of dollars of injuries that happened on the job. So please don’t pretend that people on Medicaid don’t want to work because I’ve given up my body and my health for the work.”

    “It is not rocket science to see that when people lose their health care, they’re going to start showing up in emergency rooms where hospitals are obligated to treat them. And if no one is reimbursing hospitals for that care, they will go into the red, and they will close,” said Jessica Lazerov, MD, MBA, a pediatrician from Fairfax. “And then everyone in that geographic area, regardless of whether they’re on Medicaid, is going to lose access to their closest hospital. And if these Republicans don’t understand that, then they’re simply not fit to govern.”

    “We love the work we do, and I want to be able to continue to do it for the rest of my life, but cuts in Medicaid may prevent us from doing so,” said SEIU Virginia 512 member Tony Hedgepeth of Richmond, a Medicaid-funded home care worker who cares for veterans.“Taking away Medicaid could sever 47,000 Virginia veterans from their health care or force them to pay more for it. These brave individuals have fought for our country, and we should fight to ensure that they can live and access the best possible quality of life, as they did for us.”

    “Medicaid provides health care to one in every five people in Virginia,” said Katie Baker, state director for Protect Our Care Virginia. “If you aren’t on Medicaid yourself, you know someone who is. Polling shows that the majority of voters believe we should be increasing funding for health care, not cutting it. Republicans are not with the public when it comes to taking away people’s health care.” 

    Event Assets and News Coverage

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    MIL OSI USA News –

  • MIL-OSI USA: Reed Slams Republicans for Advancing Bill to Rip Health Care Away from Millions & Warns GOP Will Impose Higher Health Costs for All

    US Senate News:

    Source: United States Senator for Rhode Island Jack Reed

    WASHINGTON, DC — Today, Republicans in the House Energy and Commerce and Ways and Means Committees voted along party lines to severely cut Medicaid and blow a hole in America’s health care system in order to provide bigger tax benefits to billionaires and big corporations.

    The House Republican plan would take health care away from millions of Americans, including children and seniors in nursing home, as well as people battling cancer or addiction, and working families who don’t receive health care through their employers.  It would result in 10.3 million people losing Medicaid coverage and 7.6 million people going uninsured, according to an analysis by the Congressional Budget Office (CBO).

    Today, U.S. Senator Jack Reed denounced the Republican plan to cut Medicaid, stating:

    “The American people want more people to have health insurance and for it to be more affordable.  Republicans apparently don’t agree and want to whack Medicaid so fewer people have coverage and costs go up.  These Trump inspired cuts will do real harm – pushing seniors out of nursing homes, increasing hospital closures, and denying families access to preventative care.  If you think the emergency room is crowded now, just wait until Trump’s Medicaid cuts happen.  

    “These cuts to Medicaid are extremely unpopular, which is why Republicans hope people don’t notice.  I urge citizens to look closely at what Congressional Republicans and the Trump Administration are trying to do here.  Get engaged before it is too late. 

    “Ensuring the health care system is strong, sustainable, affordable, and accessible to all will do more to save Americans their hard earned money, rather than a few dollars in tax cuts.  Congressional Republicans are trying to jam Medicaid cuts through without people noticing.  Trump Administration officials are trying to incorrectly brand Medicaid, which covers hundreds of thousands of Rhode Islanders, as ‘welfare.’  It’s not welfare – it’s a lifeline.

    “I will continue to sound the alarm and oppose it every step of the way.  We have a long way to go, and together, we can make a difference.  But ordinary people need to speak up and send a message that if Republicans cut Medicaid, they will be held accountable.”

    MIL OSI USA News –

  • MIL-OSI USA: Risch Leads Legislation to Counter Adversary Nuclear Energy Programs

    US Senate News:

    Source: United States Senator for Idaho James E Risch

    WASHINGTON – U.S. Senators Jim Risch (R-Idaho), chairman of the Senate Foreign Relations Committee, Chris Coons (D-Del.), senior member of the Senate Foreign Relations Committee, Mike Lee (R-Utah), chairman of the Senate Energy and Natural Resources Committee, and Martin Heinrich (D-N.M.), ranking member of the Senate Energy and Natural Resources Committee, introduced the International Nuclear Energy Act. This legislation aims to support the U.S. domestic nuclear energy industry’s leadership and offset China and Russia’s growing influence on international nuclear energy development.

    “If the U.S. doesn’t lead on nuclear energy development, Russia and China will,” said Risch. “This bill will give us the tools we need to compete with these authoritarian aggressors and build long-lasting nuclear energy deals that benefit our economy and ensure America remains the leader on nuclear energy for generations to come.”

    “With the International Nuclear Energy Act, we’re not asking for a seat at the table—we’re setting the agenda on global nuclear development,” said Lee. “Achieving American energy dominance will require us to streamline our nuclear exports, foster our relationships abroad, and bring the full weight of American industry to bear in out-competing our geopolitical adversaries. I’m grateful to partner with Senator Risch to ensure that America remains at the forefront of nuclear power for decades to come.”

    The International Nuclear Energy Act would:

    • Support the establishment of an office to coordinate civil nuclear exports strategy; establish financing relationships; promote regulatory harmonization; enhance safeguards and security; promote standardization of licensing framework; and create a nuclear exports working group.

    • Create programs to facilitate international nuclear energy cooperation to develop financing relationships, training, education, market analysis, safety, security, safeguards and nuclear governance required for a civil nuclear program.

    • Require a cabinet-level biennial summit focused on nuclear safety, security, and safeguards, and to enhance cooperative relationships between private industry and government.

    • Establish a Strategic Infrastructure Fund Working Group to determine how to best structure a Fund to finance projects critical to national security.

    The International Nuclear Energy Act is supported by the Idaho National Lab, Nuclear Energy Institute, and Clearpath Action.

    “I commend Senator Risch for his continued leadership and attention to advancing U.S. nuclear energy policy on the global stage. Securing American leadership in global nuclear deployment is essential to national security, meeting international energy demand, and ensuring that safe, reliable technologies define the global standard,” said John Wagner, Director of Idaho National Laboratory.

    “From Europe and the Asia-Pacific, from the Americas to the Middle East and Africa, countries are turning to nuclear energy to meet growing energy demands with reliable, secure, abundant, affordable, and clean sources. Now more than ever, U.S. nuclear energy leadership is needed. The International Nuclear Energy Act includes important provisions that will facilitate the deployment of U.S. nuclear energy technologies to partner nations, generating American jobs and extending U.S. influence in nuclear safety, nonproliferation, and security. We commend Senators Risch, Coons, Lee, and Heinrich for advancing legislation that will help maintain U.S. global leadership in commercial nuclear technology,” said Maria Korsnick, President and CEO of the Nuclear Energy Institute.

    “Investing in our domestic nuclear energy supply chain and fostering export opportunities abroad will increase the energy security of our allies and create jobs here in America. While the United States remains the foremost nuclear power in the world, from our power plants to our nuclear navy, developing countries have more recently looked to Russia and China for their new nuclear needs. INEA wisely puts new tools in America’s energy tool belt to support domestic technologies racing to the global marketplace to compete,” said Jeremy Harrell, CEO of ClearPath Action.

    Idaho is home to the Idaho National Lab (INL), which is the flagship laboratory for civil nuclear research energy and the first place in the world to generate electricity with a nuclear reactor. INL is driving significant progress in new nuclear research by collaborating with industry to demonstrate advanced technologies like small modular reactors, microreactors, and safer, more efficient nuclear fuels. These efforts, made possible through public-private partnerships at INL, will contribute to the nation’s energy independence and strengthen U.S. leadership in civil nuclear energy around the world. 

    Senator Risch has long advocated for domestic nuclear energy production and the commercialization of advanced nuclear technologies. In a recent Washington Times editorial, Senator Risch underscored the critical role of nuclear energy in powering America’s current and future energy needs.

    MIL OSI USA News –

  • MIL-OSI USA: USDA Secretary Brooke Rollins Announces Farmers First Initiative, Approves Nebraska SNAP Waiver During Tour of Ag Businesses with Gov. Pillen

    Source: US State of Nebraska

    . Pillen

     

    LINCOLN, NE – Today, Governor Jim Pillen hosted U.S. Department of Agriculture Secretary Brooke Rollins on a day-long visit that included three separate stops and two significant announcements. He was joined in the visits by Nebraska Department of Agriculture (NDA) Director Sherry Vinton and U.S. Congressman Adrian Smith.

    “I’m pleased that Sec. Rollins has had the opportunity to experience the depth and breadth of Nebraska agriculture and what our state is doing to help feed the world and save the planet,” said Gov. Pillen. “Today, she heard from a diverse group of producers, visited a typical multi-generational Nebraska family farm, and got a first-hand look at what sets our state apart for the future — value-added agriculture.  I’m glad we could make these connections and look forward to continuing the work that makes Nebraska the innovative agricultural leader it is, between crop, livestock and ethanol production.”

    The ag tour kicked off at the Cargill Bioscience 650-acre facility in Blair this morning. That facility is Cargill’s largest and directly employs approximately 600 Nebraskans while processing over 340,000 bushels of corn daily to produce products such as fuel grade ethanol, corn gluten meal and meat for poultry, pet food and cattle feed. The company also makes sweetener, corn syrup and other corn-based products such as enzymes, biopolymers, and amino acids.

    Upon arriving at Wholestone Farms in Fremont, Sec. Rollins took a few minutes to greet employees waiting inside. The group witnessed part of the plant’s hog processing operation and later gathered in the staff cafeteria with members of the media. There. Sec. Rollins signed off on Nebraska’s Supplemental Nutrition Assistance Program (SNAP) waiver request, excluding soda and energy drinks from the list of approved purchases. Nebraska submitted its waiver in early April and is the first state in the nation to have its application approved by the USDA, effective Jan. 1, 2026.

    “Today’s waiver to remove soda and energy drinks from SNAP is the first of its kind, and it is a historic step to Make America Healthy Again. Under President Trump’s leadership, I have encouraged states to serve as the ‘laboratories of innovation.’ Nebraska Governor Jim Pillen and Governors in Iowa, Arkansas, Indiana, Kansas, West Virginia, and Colorado are pioneers in improving the health of our nation,” said Sec. Rollins.  

    “There’s absolutely zero reason for taxpayers to be subsidizing purchases of soda and energy drinks. SNAP is about helping families in need get healthy food into their diets, but there’s nothing nutritious about the junk we’re removing with today’s waiver. I’m grateful to have worked with Secretary Rollins and the Trump Administration to get this effort across the finish line. It is a tremendous step toward improving the health and well-being of our state. We have to act because we can’t keep letting Nebraskans starve in the midst of plenty,” said Gov. Pillen. 

    Gov. Pillen, Sec. Rollins, Rep. Smith and NDA Dir. Vinton wrapped up their tour of ag businesses with a stop in the afternoon at Ohnoutka Family Farm in Valparaiso. There, the group engaged in a roundtable with invited producers from across the state. Discussion hit on a variety of topics, from tariffs to grants, water quantity and quality, educating youth about agriculture and keeping generational farming going in Nebraska. Prior to the roundtable event, the group was greeted by youth from the local FFA chapter.

    Following the roundtable, Sec. Rollins made her second announcement – a policy initiative aimed at supporting small family farms. Called Farmers First, the program is part of the USDA’s Make Agriculture Great Again agenda and outlines 10 action items that aim to help the 86 percent of small family farms across the nation.

    “Welcoming Secretary Rollins to Nebraska alongside Governor Pillen provided a tremendous opportunity to showcase Nebraska’s world-leading livestock, crop, and biofuels producers,” said Rep. Smith, who represents the state’s third district. “As we mark 163 years since the signing of the Homestead Act, agriculture remains the economic driver of our state and the nation’s Heartland. USDA’s new Farmers First strategy will expand markets, deliver regulatory relief, promote long-term certainty, and ensure the accessibility of USDA resources for American farming families working tirelessly to feed and fuel the world. I will continue to work with Secretary Rollins and President Trump to unleash prosperity for generations to come.”

    Some of the efforts in the Farmers First initiative include: 

    • Streamlining Processes: Simplifying USDA applications, like the Emergency Commodity Assistance Program (ECAP), to reduce barriers for farmers

    • Credit and Land Access: Reforming loan programs and using tools like the Agricultural Land Easement (ALE) to help farmers buy and protect land

    • Farm Transitions: Calling on Congress to adjust tax policies, like expanding Section 179, to ease passing farms to the next generation

    • Market and Infrastructure: Prioritizing local farmers in procurement and reforming programs to ensure funds reach producers, not special interests

    • Labor Access: Working with other agencies to address labor shortages, including exploring visa reforms for agricultural workers

    • Risk Management: Making USDA programs simpler and launching a disaster portal for better access to assistance

    • Energy and Regulations: Supporting affordable energy and reviewing environmental permitting to lower costs for farmers

    “Our family-owned farms and ranches are at the heart of agriculture in America and are the backbone of the economy in states like Nebraska. Generations of producers have passed down the love of farming, strongly rooted values, and common-sense stewardship of our land and water to the next generation,” said Gov. Pillen. “I’m glad that Secretary Rollins and the USDA are highlighting the value and importance of family owned and small operations as part of our efforts to put Farmers First. I look forward to this tremendous initiative, and I am thrilled that she chose to launch it from a family farm right here in Nebraska.”

    More information about the Farmers First initiative can be found here:

    View the Farmers First: Small Family Farms Policy Agenda

    Cargill Tour

    Wholestone Tour

    Wholestone News Conference

    Ohnoutka Family Farm Roundtable

    Ohnoutka Family Farm News Conference

    Ohnoutka Family Farm

    MIL OSI USA News –

  • MIL-OSI: 29/2025・Trifork Group: Reporting of transactions made by persons discharging managerial responsibilities

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 29 / 2025
    Schindellegi, Switzerland – 20 May 2025

    Reporting of transactions made by persons discharging managerial responsibilities

    Pursuant to the Market Abuse Regulation Article 19, Trifork Group AG (Swiss company registration number CHE-474.101.854) (“Trifork”) hereby notifies receipt of information of the following transactions made by persons discharging managerial responsibilities in Trifork or by persons associated with them.

    1. Details of the person discharging managerial responsibilities/person closely associated
    a) Name Ferd AS
    2. Reason for the notification
    a) Position/status Ferd AS is represented on the Board of Directors of Trifork Group AG by Erik Theodor Jakobsen
    b) Initial notification/
    Amendment    		 Initial notification
    3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
    a) Name Trifork Group AG
    b) LEI 8945004BYZKXPESTBL36
    4.1 Details of the transaction(s)
    a) Description of the financial instrument, type of instrument

    Identification code

    		 Shares

    ISIN CH1111227810
    b) Nature of the transaction Acquisition
    c) Price(s) and volume(s) Price(s) Volume(s)
    DKK 90.00 160,000
    d) Aggregated information
    —
    Aggregated volume —
    Price    		 Total volume: 160,000

    Total price: DKK 90.00

    Total value: DKK 14,400,000
    e) Date of the transaction 20 May 2025
    f) Place of the transaction Nasdaq Copenhagen (XCSE)
    1. Details of the person discharging managerial responsibilities/person closely associated
    a) Name Jørn Larsen
    2. Reason for the notification
    a) Position/status CEO
    b) Initial notification/
    Amendment    		 Initial notification
    3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
    a) Name Trifork Group AG
    b) LEI 8945004BYZKXPESTBL36
    4.1 Details of the transaction(s)
    a) Description of the financial instrument, type of instrument

    Identification code

    		 Shares

    ISIN CH1111227810
    b) Nature of the transaction Sale
    c) Price(s) and volume(s) Price(s) Volume(s)
    DKK 90.00 160,000
    d) Aggregated information
    —
    Aggregated volume —
    Price    		 Total volume: 160,000

    Total price: DKK 90.00

    Total value: DKK 14,400,000
    e) Date of the transaction 20 May 2025
    f) Place of the transaction Nasdaq Copenhagen (XCSE)

    Investor and media contact
    Frederik Svanholm, Group Investment Director, frsv@trifork.com, +41 79 357 73 17

    About Trifork
    Trifork is a pioneering and global technology partner, empowering enterprise and public sector customers with innovative digital solutions. With 1,215 professionals across 71 business units in 16 countries, Trifork specializes in designing, building, and operating advanced software across sectors such as public administration, healthcare, manufacturing, logistics, energy, financial services, retail, and real estate. The Group’s R&D arm, Trifork Labs, drives innovation by investing in and developing synergistic, high-potential technology companies. Trifork Group AG is publicly listed on Nasdaq Copenhagen. Learn more at trifork.com.

    Attachment

    The MIL Network –

  • MIL-OSI: SolMicroGrid Launches ‘Array to Microgrid’ Program to Monetize Existing Solar Assets and Deliver Resilient Onsite Power

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 20, 2025 (GLOBE NEWSWIRE) — SolMicroGrid, a leading provider of microgrid solutions to the commercial and industrial (C&I) sector, today announced the launch of its Array to Microgrid program—an innovative offering that enables property owners to unlock the embedded value of their existing solar arrays by selling them for cash proceeds while simultaneously upgrading to fully managed, resilient microgrids.

    This innovative program is designed for businesses across the retail, industrial, and commercial and real estate sectors that seek to reduce operational complexity, improve energy resilience, and eliminate the burdens of solar asset ownership. By acquiring and converting underutilized solar systems into state-of-the-art microgrids – with potential additions of battery storage, backup generation and smart controls, SolMicroGrid provides a comprehensive Energy-as-a-Service (EaaS) solution tailored to each facility’s needs.

    At the heart of this offering is SolMicroGrid’s Energy-as-a-Service business model. This structure replaces traditional asset ownership with a long-term service agreement, relieving customers of all capital expenditure, maintenance responsibilities, and operational risk. Customers benefit from predictable energy costs, improved site resilience, and enhanced sustainability—without capital outlays for infrastructure.

    SolMicroGrid has successfully deployed this model across a growing number of commercial sites, where it has demonstrated measurable improvements in energy cost savings, system reliability, and operational efficiency. The company’s microgrid systems are fully customizable and scalable, allowing seamless integration with a range of distributed energy resources (DERs) including solar PV, battery storage, backup generation, and advanced energy management control systems.

    “Our Array to Microgrid program delivers a powerful combination of financial flexibility and operational reliability,” said Kirk Edelman, CEO of SolMicroGrid. “We enable customers to monetize their solar assets, eliminate maintenance and risk, and upgrade to a robust energy platform that reduces electricity costs and enhances energy security – all without capital outlay.”

    As extreme weather, rising electricity prices, and growing grid instability continue to challenge energy reliability across the U.S., SolMicroGrid’s solutions enable C&I customers to optimize their renewable energy usage, minimize dependence on the utility grid, and ensure uninterrupted operations during outages—all while supporting broader sustainability goals.

    About SolMicroGrid
    SolMicroGrid is a differentiated developer and operator of solar-enabled microgrid systems, offering energy resiliency and efficiency to commercial and industrial customers. The company’s service solution reduces operating expenses without the need for customer capital investment. SolMicroGrid is a portfolio company of Morgan Stanley Energy Partners.

    Media Contact
    FischTank PR
    SMG@fischtankpr.com

    A PDF accompanying this announcement is available at http://ml.globenewswire.com/Resource/Download/f5f8162e-f595-4d73-be49-88f1b7d6035b

    The MIL Network –

  • MIL-OSI USA: Tonko Calls Out EPA Administrator Zeldin for Slashing Protections to Environment & Public Health

    Source: United States House of Representatives – Representative Paul Tonko (Capital Region New York)

    WASHINGTON, DC — Congressman Paul D. Tonko, Ranking Member of the Energy and Commerce Subcommittee on Environment, today questioned Environmental Protection Agency (EPA) Administrator Lee Zeldin during an Environment Subcommittee hearing on the EPA’s Fiscal Year 2026 budget.

    Listen to Rep. Tonko’s opening remarks HERE and see below as prepared for delivery.

    President Trump’s Fiscal Year 2026 budget request for EPA has been called “problematic,” “an unserious proposal,” and “maybe a bridge too far to be achievable.”

    These were the reactions of Republican Appropriators last week, and I expect you will hear even less charitable reviews from Democrats on this Subcommittee today.

    This proposal includes a 55% reduction from FY25 levels, resulting in agency funding levels not seen since the mid-1980s.

    If enacted, this would fundamentally dismantle the EPA as we know it and cripple the agency’s ability to carry out its core mission of protecting the air we breathe and the water we drink.

    The request includes devastating cuts that will undermine states’ efforts to protect public health and carry out their obligations, including a $2.46 billion reduction to the State Revolving Funds for water infrastructure and a $1 billion reduction for categorical grants, which are critical to supporting staffing of state environmental agencies.

    I believe this is part of a disturbing trend we are seeing to force more costs onto state governments, as is being done with the proposed cuts to Medicaid in the majority’s reconciliation bill.

    Similar to these funding cuts, earlier this year the Administration expressed a desire to reduce EPA staffing levels by 65%, which would return the agency to 1971 personnel levels — the agency’s second year in existence.

    It is not credible to suggest that the agency can fulfill its statutory requirements — including all the major environmental laws and amendments to those laws that have been enacted since the 1970s — with these proposed staffing levels.

    Cuts of this magnitude would not only hollow out the agency’s expertise and capacity, but they are insensitive to the public servants who have dedicated their lives to supporting the agency’s mission.

    And it is worth reminding everyone of what that mission is: To protect human health and the environment.

    In just a few short months, I believe the agency, under Administrator Zeldin’s leadership, has lost sight of this mission.

    Mr. Zeldin launched the “Powering the Great American Comeback” initiative focused on American energy, auto manufacturing, and artificial intelligence dominance.

    And broadly speaking, I am not necessarily opposed to aspects of that agenda, but I also do not believe it is the appropriate role for our nation’s environmental regulator to be leading this effort.

    Because EPA’s contributions to those goals more or less translate to how can we reduce environmental protections and enforcements of those protections for the benefit of energy producers, the auto industry, and Big Tech, even if ordinary Americans will pay the price by breathing harmful air pollution, drinking contaminated water, and being exposed to dangerous chemicals.

    We have already seen a slew of agency actions that will result in greater pollution and reduce our scientific capacity to understand how that pollution will impact Americans’ health and well-being.

    This includes reconsidering rules that protect Americans from pollution from power plants, vehicles, and industrial facilities, and weakening standards to keep PFAS out of our drinking water.

    Each of these public health protections up for reconsideration went through robust rulemaking processes and economic analyses, which found that every one of these rules delivers greater benefits to the American people, in public health and economic benefits, than they cost.

    I am also concerned by EPA’s efforts to terminate previously awarded grants without producing any evidence of fraud, waste, or abuse.

    For each of those awards, the previous administration carried out competitive selection processes based upon requirements enacted by Congress.

    Whether or not Administrator Zeldin personally believes Congress was wasting taxpayer dollars when it directed EPA to carry out those funding opportunities is irrelevant.

    No Administrator should be the sole arbitrator of what is a good use of Congressionally-directed taxpayer dollars, and yet we have seen billions of dollars impounded without justification.

    Finally, I am very concerned by reports that EPA is planning to eliminate the Energy Star program, which is a voluntary, non-regulatory labeling program with strong support from industry and consumers.

    Energy Star has been incredibly effective at supporting American manufacturing, enabling people to lower energy bills, and reducing strain on our electricity system.

    This seems obviously in line with the President’s energy and economic agenda, and yet, there may be an effort underway to terminate the program.

    If we cannot even find common ground on a broadly popular, voluntary, low-cost program to benefit consumers, I have serious doubts that we will be able to find anything to agree upon this year.

    Mr. Administrator, I appreciate you being here, and I hope we can work together to ensure that your agency and this committee have a productive, transparent relationship that honors the critical public health and scientific mission of the EPA.

    MIL OSI USA News –

  • MIL-OSI USA: Senator Collins Questions HHS Secretary Kennedy on Elimination of LIHEAP

    US Senate News:

    Source: United States Senator for Maine Susan Collins
    Click HERE to watch and HERE to download.
    Washington, D.C. – At a hearing to review the Fiscal Year 2026 budget request for the U.S. Department of Health and Human Services (HHS), U.S. Senator Susan Collins, Chair of the Appropriations Committee, questioned HHS Secretary Robert F. Kennedy, Jr. on the proposed elimination of the Low-Income Home Energy Assistance Program (LIHEAP). 
    During the Q&A, Secretary Kennedy committed to funding LIHEAP if appropriated by Congress for Fiscal Year (FY) 2026.
    At the urging of Senator Collins, HHS released more than $400 million in FY 2025 funding for LIHEAP earlier this month.  Maine has received $41.6 million in FY 2025 LIHEAP funding.
    Q&A with Secretary Kennedy:
    Senator Collins:
    The LIHEAP program, which we’ve talked about, is absolutely vital for thousands of older Mainers and low-income families.  It helps them avoid the constant worry of having to choose between keeping warm, buying essential foods and medications, and other basic necessities.
    Now, I was pleased to see the release of the rest of the Fiscal Year 2025 funds, but the Administration’s new budget seeks to eliminate what is truly a critical program.
    Will you work with this Committee in trying to restore LIHEAP so that we can avoid, literally, seniors and low-income families not being able to keep warm in the winter?
    Secretary Kennedy:
    Yeah, absolutely, and I’m from New England myself.  My brother, for 40 years, has run Citizens Energy, which provides low-cost home heating oil to families in New England.  And so many people have come to me over the years and said to me, thank you, your brother saved my life because I didn’t have to choose between food and heat.
    I was on the Navajo reservation three weeks ago, and Navajo President Buu Nygren said to me, at this point, if we cut LIHEAP, Navajo will die from it.  So, I understand the critical historical importance of this program.
    President Trump’s rationale and OMB’s rationale is that President Trump’s energy policies are going to lower the cost of energy so that everybody will get lower cost heating oil, and in that case, this program would simply be another subsidy to the fossil fuel industry.
    If that doesn’t happen, and Congress chooses to appropriate the money, I, of course, will spend it.  I’ve already directed the spending of $400 million in this year’s budget.  Do that, and I will work with you to make sure that those families do not suffer in that way.

    MIL OSI USA News –

  • MIL-OSI USA: Congressman Pat Fallon Leads Letter to Bolster US Grid Resiliency

    Source: United States House of Representatives – Congressman Pat Fallon (TX-04)

    Washington, DC — Rep. Pat Fallon (TX-04) led a letter yesterday to Energy Secretary Chris Wright requesting a briefing by the Department of Energy on the state of US grid resiliency both from an energy use and national security perspective.

    In an exclusive with the Washington Reporter, Rep. Fallon commented:

    “The U.S. needs prioritize dependable sources of energy like natural gas, oil, and coal to power our nation and protect our national security.”

    “At the same time, the longer we leave our electrical grid vulnerable, the longer we invite cyberattacks from adversaries like China or Russia, risking widespread outages that endanger American lives,” Rep. Fallon continued. “We must ensure we have planned for future threats to our grid to safeguard America’s future.”

    MIL OSI USA News –

  • MIL-OSI USA: Burlison Opens Hearing on the IRA’s Threat to Energy and Medicine

    Source: United States House of Representatives – Representative Eric Burlison (R-Missouri 7th District)

    WASHINGTON—Subcommittee on Economic Growth, Energy Policy, and Regulatory Affairs Chairman Eric Burlison (R-Mo.) delivered opening remarks at today’s hearing on “Mandates, Meddling, and Mismanagement: The IRA’s Threat to Energy and Medicine.” In his remarks, Subcommittee Chairman Burlison highlighted how the Inflation Reduction Act (IRA) increased energy subsidies that cost taxpayers billions, funneled money into the Democrats’ radical energy agenda, and stifled free market competition that would have lowered energy prices. At today’s hearing, the panel will hear from experts on how the IRA failed to curb inflation and created corruption.

    Below are Subcommittee Chairman Burlison’s remarks as prepared for delivery.

    Today we are here to provide critical oversight of the policies and subsidies instituted through the Inflation Reduction Act, or the “IRA.”  

    Signed into law under the Biden Administration in 2022, this misleadingly-named legislation passed with zero Republican votes. 

    Three years later, the projected costs continue to balloon—with rounding errors in the billions—all while creating runaway subsidies and unnecessary distortions within energy and health care markets. 

    In January of this year, the Director of the Congressional Budget Office estimated that the IRA’s energy subsidies would increase U.S. budget deficits by $825 billion over the next ten years. 

    That is more than three times the initial ten-year estimate of roughly $270 billion rendered by CBO and the Joint Committee on Taxation.  

    How did CBO and the JCT get these numbers so wrong? 

    Other estimates show an even grimmer picture of the IRA’s long-term economic impacts on the federal budget. 

    Recent analysis by the Cato Institute shows that energy subsidies included in the IRA may cost “between $936 billion and $1.97 trillion over the next ten years, and between $2.04 trillion and $4.67 trillion by 2050.” 

    These are chilling estimates that extend far beyond what was previously projected. 

    I would like to enter this report, entitled “The Budgetary Cost of the Inflation Reduction Act’s Energy Subsidies,” from the CATO institute into the hearing record so that others may review these findings. 

    Without objection, so ordered. 

    These subsidies didn’t just happen to create distortions in energy markets: they distorted markets by design. 

    The IRA funnels money to so-called “clean” energy organizations that would not be able to compete on their own without these subsidies.  

    The Biden Administration was blatantly picking winners and losers in the economy. 

    The federal government slammed a fist on the economic scale to stifle free market competition that allows for the most reliable, cost-effective sources to compete on an open playing field—all in the name of unproven, hyperbolic, and extreme climate alarmism.  

    The kicker? These IRA subsides, coming from the party that purports to be “against the oligarchy” and fighting the billionaires, created tax loopholes that carved out eleven thousand dollars, on average, for the top 1% through tax credits, while failing to demonstrate tax savings of more than $100 for the bottom quintile of American taxpayers.  

    The IRA paid out to the rich, all under the guise of climate change.  

    There are also implications for the future of our tax code and prescription drug costs. 

    The IRA has already led to a more convoluted web of tax subsidies, creating additional burdens for compliance. 

    For health care under the IRA, the Biden Administration’s “pill penalty” will ultimately increase drug costs and federal expenditures on Medicare. 

    We have an opportunity to take a hard look at these provisions to carefully evaluate whether these tax credits and programs are achieving their intended results, and whether taxpayer dollars would be better spent elsewhere. 

    Doing so has the potential to save taxpayers over $1 trillion dollars, ease inflation, stimulate economic growth by allowing for free market competition, and make energy affordable again. 

    This Republican majority is committed to protecting taxpayer dollars, instituting necessary health care reforms, and stopping wasteful “Green New Deal” energy policies that are out of touch with the every-day needs of Americans. 
     

    ###

    MIL OSI USA News –

  • MIL-OSI: HYNOCA® recognized as EU-funded REFORMERS’ Renewable Energy Valley project in Netherlands awarded World Hydrogen 2025 Prize, Clean Project category

    Source: GlobeNewswire (MIL-OSI)

    Vitry-le-François, France (May 20, 2025, 6:00 pm CEST) –  

    The 5th World Hydrogen Awards threw Haffner Energy’s unique biomass-based solution HYNOCA® in the limelight today as one of the two hydrogen-production technologies selected for the first Renewable Energy Valley project developed under the umbrella of the Horizon Europe-funded international initiative REFORMERS.  

    Granted to REFORMERS’ Flagship Energy Valley in Alkmaar, Netherlands, in the Clean Project category, after a comprehensive review of the project by a jury of experts and a vote by the global hydrogen community, the award also recognized the innovative Zinc Intermediate Step Electrolysis technology by German startup STOFF2. The Awards Ceremony took place, today, on the eve of the 6th edition of the annual World Hydrogen Summit & Exhibition which is being held in Rotterdam, Netherlands, this week. 

    “I am grateful for the ongoing support and dedication of Philippe and Marc Haffner and their team, whose expertise and commitment have played a crucial role in our journey towards today’s prizewinning success. Together, we are shaping the future of sustainable energy solutions and paving the way for a cleaner, greener world”, said Bob Busser, Managing Director of HyDevCo BV, Haffner Energy’s Dutch partner and leading project developer for HYNOCA-Alkmaar.BV, the Dutch project-dedicated entity (or SPV) that is part of the local consortium developing the Renewable Energy Valley in Alkmaar. 

    HYNOCA® is the hydrogen production solution developed by Haffner Energy using its patented biomass thermolysis technology. HYNOCA® is designed to rely on local residual biomass and organic waste with no conflicts of use. Because it is feedstock agnostic, it can operate regardless of the typical seasonal and geographical variations in biomass availability. It is made commercially available in the Netherlands, Luxemburg, Belgium and North Rhine-Westphalia through Busser Project & Technology Development. 

    Hynoca-Alkmaar’s project, labelled “bio-hydrogen plant” in the Renewable Energy Valley mapping, will use 6 500 tonnes of locally sourced residual biomass with no conflict of use to produce 240 metric tonnes per year of mobility-grade green hydrogen, serving local mobility and industrial needs. In the process, it will avoid the emission of 2 880 tonnes of CO2 per year. 

    “In our quest to realize Europe’s first Renewable Energy Valley in Alkmaar, clean hydrogen is an indispensable piece of the puzzle. At the core of this ecosystem, HYNOCA-Alkmaar is one of two innovative hydrogen production technologies that were selected to enable a flexible and continuous production of clean hydrogen. We are thrilled that our international collaboration to realize a decentralized hydrogen ecosystem was recognized today”, said Joep Sanderlink, Project Manager at New Energy Coalition, coordinator of the Alkmaar Renewable Energy Valley project. 

    Europe’s first Renewable Energy Valley is being developed with a view to testing new technologies in renewable energy generation, storage, and distribution. It is a model for energy resilience and sustainable development, bridging traditional energy sectors with innovative systems. The energy hub will host over 300 business facilities and 3,000 households on a 4km2 territory. 

    “We are delighted to be part of this amazing initiative to shape the future of sustainable energy. Energy independence is vital to the future of Europe and we’re excited about this collaborative effort across borders,“ said Marcella Franchi, in charge of business development at Haffner Energy.  

    REFORMERS’ Flagship Energy Valley initiative is to be emulated by six Replication Valleys in Austria, Belgium, Greece, the Netherlands, Poland, and Spain. 

    About Haffner Energy 

    H Haffner Energy is a French company providing solutions for the production of competitive clean fuels. With 32 years of experience converting biomass into renewable energies, it has developed innovative proprietary biomass thermolysis and gasification technologies to produce renewable gas, hydrogen and methanol, as well as Sustainable Aviation Fuel (SAF). The company also contributes to regenerating the planet, through the co-production of biogenic CO2 and biocarbon (or char/biochar). Haffner Energy is listed on Euronext Growth. (ISIN code: FR0014007ND6 – Ticker: ALHAF)  
    Further information is available at www.haffner-energy.com. 

    Media relations 

    Laetitia Mailhes 

    laetitia.mailhes@haffner-energy.com 

    +33 (0)6 07 12 96 76 

    Investor relations 

    Haffner Energy 

    investisseurs@haffner-energy.com  

    ​​​​​ 

    Attachment

    The MIL Network –

  • MIL-OSI USA: Rep. Pfluger Celebrates President Trump Signing of the TAKE IT DOWN Act

    Source: United States House of Representatives – Congressman August Pfluger (TX-11)

    WASHINGTON, DC — Today, President Donald Trump signed the TAKE IT DOWN Act into law. Congressman August Pfluger (TX-11), a co-lead of the legislation, joined the president and several colleagues at the White House to celebrate this historic moment to protect young Americans.

    In response to the legislation being signed into law, Rep. Pfluger said, “It was an honor to witness President Trump sign the TAKE IT DOWN Act into law today. As a father of three young girls, I’m deeply concerned about the rise of deepfakes and nonconsensual intimate images in our country. It is sickening, it is harmful, and it must be stopped—and this law is a major step forward in protecting victims and restoring online accountability. I was proud to co-lead this legislation in the House and commend Rep. Salazar, Senator Cruz, and First Lady Melania Trump for their leadership in driving it across the finish line. I also thank President Trump for taking decisive action to cement this legislation into law.

    Background:

    In January 2025, Rep. Pfluger joined several colleagues in reintroducing the TAKE IT DOWN Act. This legislation protects victims of real and deepfake ‘revenge pornography’ by criminalizing the publication of these harmful images, in addition to requiring websites to remove them quickly. The rising popularity of AI requires decisive federal legal protections that will empower victims of these heinous crimes, most of whom are women and girls.

    Rep. Pfluger also spoke in support of the TAKE IT DOWN Act during a House Energy and Commerce Committee full committee legislative markup earlier this year.

    First Lady Melania Trump has strongly backed this bill, speaking in support of this legislation during a roundtable she hosted at the U.S. Capitol. President Trump also voiced his support for this legislation in his State of the Union address. Additionally, over 100 organizations and advocacy groups support the act; a full list can be found here.

    To read the full text of the legislation, click here.

    MIL OSI USA News –

  • MIL-OSI Africa: GE Vernova modernizes Sasol’s Secunda power plant in South Africa

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

    GE Vernova modernizes Sasol’s Secunda power plant in South Africa This project serves as a model for modernizing power plants across Africa CAPE TOWN, South Africa, May 20, 2025/APO Group/ —

    • The new upgrade increases operational efficiency at Sasol’s plant, while reducing NOx emissions significantly
    • Project is expected also lead to water consumption savings equivalent to about 64 Olympic pools per turbine annually
    • GE Vernova (www.GEVernova.com) announced this project at Enlit Africa 2025 in Cape Town, South Africa

    GE Vernova Inc. (NYSE: GEV) today announced the successful completion of the modernization of global energy and chemical company Sasol’s Secunda power plant in Mpumalanga. The modernization included the replacement of the existing pre-combustor system with a new DLN1+ combustor supplemented by the Fuel Gas Module (FGM) skid to increase the operational efficiency of the two installed 9E gas turbines and reduce carbon emissions. This project serves as a model for modernizing power plants across Africa. As the continent faces increasing energy demands, initiatives like this highlight how innovative solutions can enable more efficient energy production with reduced emissions, without requiring entirely new infrastructure. The upgrade led to significant improvements, including:

    • Reduction of NOx emissions significantly below the guaranteed values of 25 ppm, representing a reduction of three quarters from previous level.
    • Avoidance of using water as a diluent with the DLN technology, with an expected water consumption saving equivalent to about 64 Olympic pools per turbine annually.
    • There was an efficiency improvement compared to the previous combustor, translating to approximately 10,000 metric tons less CO2 emitted per gas turbine, supporting Sasol’s environmental objectives.
    • Extension of the maintenance intervals, reducing downtime and operational costs.
    • Enhanced reliability of the power supply delivered to the national grid.

    “This project exemplifies our purpose to electrify the world,” said Joseph Anis (http://apo-opa.co/4k6G5fI), President and CEO of GE Vernova’s Gas Power business in Europe, Middle East, and Africa. “Building on our advanced combustion technologies, we are helping Sasol address South Africa’s energy needs more efficiently. Together, we are demonstrating how advanced technologies can deliver tangible benefits for both businesses and communities.” This project will be showcased at Enlit Africa (http://apo-opa.co/4k3OEYH), taking place from 20 – 22 May at the Cape Town International Convention Centre (CTICC) in Cape Town, South Africa. GE Vernova’s participation will include interactive activities at booth C22 in Hall 3 and speaking sessions covering a wide range of topics, including: a keynote on technology driven transformation, smart grids and the future of energy management, digitization and modernization of projects and accelerating women in energy. GE Vernova has contributed to the development of the energy infrastructure in Africa for over a century, supporting power generation, transmission and distribution solutions, energy sector software applications, talent development, and community outreach. Distributed by APO Group on behalf of GE. Additional Link: https://apo-opa.co/4dJXJnj Notes to editors: © 2025 GE Vernova and/or its affiliates. All rights reserved. For more information, contact: Media Contact – GE Vernova Winnie Gathage Africa Communications Leader GE Vernova winnie.gathage@gevernova.com Laura Aresi Media Relations Leader, Power GE Vernova Laura.aresi@gevernova.com Lesego Malete Group Account Director Burson Africa lesego.malete@bursonglobal.com About GE Vernova: GE Vernova (NYSE: GEV) is a purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with more than 75,000 employees across 100+ countries around the world. Supported by the Company’s purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future. Learn more: GE Vernova (www.GEVernova.com), GE Vernova in Middle East & Africa (https://apo-opa.co/435wb81), and LinkedIn (https://apo-opa.co/4jY25JD). GE Vernova’s Gas Power business engineers advanced, efficient natural gas-powered technologies and services, along with decarbonization solutions that aim to help electrify a lower carbon future. It is a global leader in gas turbines and gas power plant technologies and services with the industry’s largest installed base. Forward Looking Statements: This document contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. These forward-looking statements often address GE Vernova’s expected future business and financial performance and financial condition, and the expected performance of its products, the impact of its services and the results they may generate or produce, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “estimate,” “forecast,” “target,” “preliminary,” or “range.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about planned and potential transactions, investments or projects and their expected results and the impacts of macroeconomic and market conditions and volatility on the Company’s business operations, financial results and financial position and on the global supply chain and world economy.

    Text copied to clipboard.

    MIL OSI Africa –

  • MIL-OSI: BW Offshore: Successful handover of BW Adolo operations to BW Energy Gabon SA

    Source: GlobeNewswire (MIL-OSI)

    Successful handover of BW Adolo operations to BW Energy Gabon SA

    BW Offshore Limited (“BW Offshore”) and BW Energy Limited (“BW Energy”) announce that, with effect from 20 May 2025, operations and maintenance (“O&M”) of the FPSO BW Adolo have been handed over to BW Energy’s subsidiary, BW Energy Gabon SA (“BW Energy Gabon”).

    Under an amended bareboat charter, BW Offshore’s subsidiary retains ownership of the unit and will continue to lease the FPSO to BW Energy Gabon on the same terms as previously agreed without the O&M services. The charter includes a mutual put-and-call option on the FPSO for USD 100 million, exercisable in 2028. The parties have been working and will continue to work together on the transition until 30 June 2025 to ensure a safe and uninterrupted transfer of operations.

    “Transferring daily operational control of BW Adolo to BW Energy Gabon is a natural step given their growing presence in Gabon and potential to capture efficiencies across the local organisation,” said Marco Beenen, the CEO of BW Offshore. “The seamless execution reflects the commitment of both teams to safeguard personnel, the environment, and asset integrity.”

    “Assuming full O&M responsibility will allow BW Energy Gabon to optimise field performance and capture additional synergies across the Dussafu hub. We thank BW Offshore for its exemplary stewardship of the vessel and its continued support during the transition phase,” said Carl K. Arnet, the CEO of BW Energy.

    Both companies extend their appreciation to all offshore and onshore personnel who have maintained BW Adolo in a safe and efficient manner over the past seven years and look forward to sustained strong operational performance under BW Energy’s leadership. The unit remains deployed on the Dussafu Marin licence offshore Gabon, where it has produced safely since first oil in 2018.

    For further information, please contact:
    Ståle Andreassen, CFO, +47 91 71 86 55

    IR@bwoffshore.com or www.bwoffshore.com

    About BW Offshore:
    BW Offshore engineers innovative floating production solutions. The Company has a fleet of FPSOs with potential and ambition to grow. By leveraging four decades of offshore operations and project execution, the Company creates tailored offshore energy solutions for evolving markets world-wide. BW Offshore has around 1,100 employees and is publicly listed on the Oslo stock exchange.

    This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

    The MIL Network –

  • MIL-OSI: BW Energy: Successful handover of BW Adolo operations to BW Energy Gabon SA

    Source: GlobeNewswire (MIL-OSI)

    Successful handover of BW Adolo operations to BW Energy Gabon SA

    BW Offshore Limited (“BW Offshore”) and BW Energy Limited (“BW Energy”) announce that, with effect from 20 May 2025, operations and maintenance (“O&M”) of the FPSO BW Adolo have been handed over to BW Energy’s subsidiary, BW Energy Gabon SA (“BW Energy Gabon”).

    Under an amended bareboat charter, BW Offshore’s subsidiary retains ownership of the unit and will continue to lease the FPSO to BW Energy Gabon on the same terms as previously agreed without the O&M services. The charter includes a mutual put-and-call option on the FPSO for USD 100 million, exercisable in 2028. The parties have been working and will continue to work together on the transition until 30 June 2025 to ensure a safe and uninterrupted transfer of operations.

    “Transferring daily operational control of BW Adolo to BW Energy Gabon is a natural step given their growing presence in Gabon and potential to capture efficiencies across the local organisation,” said Marco Beenen, the CEO of BW Offshore. “The seamless execution reflects the commitment of both teams to safeguard personnel, the environment, and asset integrity.”

    “Assuming full O&M responsibility will allow BW Energy Gabon to optimise field performance and capture additional synergies across the Dussafu hub. We thank BW Offshore for its exemplary stewardship of the vessel and its continued support during the transition phase,” said Carl K. Arnet, the CEO of BW Energy.

    Both companies extend their appreciation to all offshore and onshore personnel who have maintained BW Adolo in a safe and efficient manner over the past seven years and look forward to sustained strong operational performance under BW Energy’s leadership. The unit remains deployed on the Dussafu Marin licence offshore Gabon, where it has produced safely since first oil in 2018.

    For further information, please contact:
    Brice Morlot, CFO BW Energy
    +33.7.81.11.41.16
    ir@bwenergy.com 

    About BW Energy 
    BW Energy is a growth E&P company with a differentiated strategy targeting proven offshore oil and gas reservoirs through low risk phased developments. The Company has access to existing production facilities to reduce time to first oil and cashflow with lower investments than traditional offshore developments. The Company’s assets are 73.5% of the producing Dussafu Marine licence offshore Gabon, 100% interest in the Golfinho and Camarupim fields, a 76.5% interest in the BM-ES-23 block, a 95% interest in the Maromba field in Brazil, a 95% interest in the Kudu field in Namibia, all operated by BW Energy. In addition, BW Energy holds approximately 6.6% of the common shares in Reconnaissance Energy Africa Ltd. and a 20% non-operating interest in the onshore Petroleum Exploration License 73 (“PEL 73”) in Namibia. Total net 2P+2C reserves and resources were 599 million barrels of oil equivalent at the start of 2025.

    This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

    The MIL Network –

  • MIL-OSI Security: IAEA Profile: A Passion For Measurement

    Source: International Atomic Energy Agency – IAEA

    Zakithi Msimang working at the IAEA’s Dosimetry Laboratory in Seibersdorf (Photo: IAEA)

    The IAEA profiles employees to provide insight into the variety of career paths that support the Agency’s mission of Atoms for Peace and Development and to inspire and encourage readers, particularly women, to pursue careers in STEM (science, technology, engineering and mathematics) or STEM-adjacent fields. Read more profiles of women at the IAEA.  

    “Don’t let the pressures of life distract from following your heart, wherever it takes you. Understand your purpose and strive to fulfil it,” Zakithi Msimang encourages the young scientists she supports in the IAEA’s Division of Human Health.

    From South Africa to Austria, she has always let her interests and curiosity lead the way. Today, she is a medical physicist and metrologist, and a mentor in the IAEA’s Marie Sklodowska-Curie Fellowship Programme for women in STEM.

    “Every country doesn’t need its own lab for metrology, but they all have to resolve the challenge of measurement and accuracy in some way. Whether you are a patient receiving radiation as a cancer treatment or a baker buying flour, everyone needs assurance that the amount they receive is correct and consistent,” she explains.

    As the IAEA’s only Secondary Standards Dosimetry Laboratory (SSDL) Officer, Msimang has a unique role in ensuring consistency. She supports the 89 laboratories in 76 different countries that comprise the IAEA/World Health Organization Network of SSDLs. She oversees the data that laboratories around the world use daily to validate the calibration procedures they undertake at their own institutions. She also assists countries in establishing their own dosimetry calibration facilities, drafts IAEA guidance documents and organizes trainings on IAEA codes of practice.

    This commitment to ‘measurement for all’ — this year’s theme for World Metrology Day — has also been the beacon of Msimang’s career path.

    MIL Security OSI –

  • MIL-OSI USA: Rep. Dan Goldman’s Statement on Donald Trump Lifting His Stop Work Order for Empire Wind 1

    Source: US Congressman Dan Goldman (NY-10)

    On April 16, the Trump Administration announced a stop work order on the wind farm off the coast of New York that makes landfall in Congressman Goldman’s district that would power 500,000 homes in New York City upon completion. Since then, Congressman Goldman, joined by a coalition of elected officials and advocates, strenuously objected to the economic and national security harm that would have resulted from a permanent cancellation. Today, the Trump Administration lifted the stop work order, allowing Equinor to proceed with the project.  
    Photos and videos of the Congressman’s advocacy can be found here. 
    The Congressman’s efforts were cited in Equinor’s statement on the order being lifted here.   

    “A month ago, the Trump Administration arbitrarily stalled New York’s clean energy transition by placing a stop work order on the Empire Wind 1 wind-farm project, and along with it the promise of 1,500 well-paying union jobs, hundreds of millions of dollars in supply chain investments, and clean energy to 500,000 New York homes. 

    “But today, after relentless advocacy from a coalition of elected officials, organized labor, and advocacy groups, we’re back on track. 

    “The Empire Wind 1 project is a cornerstone of our clean energy transition and a bold step forward for American manufacturing. I remain fully committed to doing everything in my power to see this critical project through to completion.” 

    ### 

    MIL OSI USA News –

  • MIL-OSI Economics: NEW REPORT: Clean Energy Manufacturing Driving Next Chapter of U.S. Economic Prosperity

    Source: American Clean Power Association (ACP)

    Headline: NEW REPORT: Clean Energy Manufacturing Driving Next Chapter of U.S. Economic Prosperity

    Clean power manufacturing contributes $18 billion to GDP annually and supports 122,000 American jobs
    Projected to contribute $86 billion to GDP annually and support over 575,000 jobs by 2030
    Investments are concentrated in rural communities and 73% of active facilities are in Republican states

    PHOENIX, AZ, May 20, 2025 – Today at CLEANPOWER 2025, the American Clean Power Association (ACP) released its State of Clean Energy Manufacturing in America report, showing a significant and sustainable ripple effect across states and economic sectors. The clean power manufacturing sector currently contributes $18 billion to U.S. GDP annually, spurs $33 billion in domestic spending annually, and supports 122,000 American jobs across the country.
    If all announced manufacturing facilities become operational, clean power manufacturing is projected to support over 575,000 jobs and contribute $86 billion annually to GDP by 2030.
    “Surging clean energy deployment is creating new manufacturing facilities across the country. This success will create hundreds of thousands of jobs and revitalize American communities if policy leaders place economic progress over partisan division,” said Jason Grumet, CEO of ACP. “Today’s report shows that the manufacturing activities across the clean energy sector drive a ripple effect of economic growth that extends far beyond factory walls, reaching every corner of the country. Reshoring this critical supply chain requires a shared commitment by both industry and policymakers to prioritize domestic economic growth and global competitiveness.”
    Clean Power Manufacturing Driving U.S. Economic Boom
    The report illustrates how the industry has laid the groundwork for a secure domestic supply chain, revitalizing manufacturing communities and driving American competition on the global stage.

    Over 800 manufacturing plants currently contributing to the U.S. clean energy supply chain, with at least one in every state.
    200 existing manufacturing facilities are actively building primary clean power components across 38 states to supply the booming demand for new energy in America.

    Creating Generational Opportunities for Local Communities
    New data highlights how clean power manufacturing is creating generational opportunities at the local level, providing opportunities across skillsets, industries, and generating wages well above the national average.

    Clean energy manufacturing is booming in regions across the country, such as the Southeast, Midwest, and in states like Texas.
    The clean energy manufacturing workforce made on average $42,000 more than the average worker in the U.S. economy in 2024.

    These manufacturing jobs also generate additional employment across the economy: Upstream supply chain jobs paid an average of $75,000, while downstream jobs supported by household spending—such as those in retail, food service, and hospitality—averaged about $52,000.

    Driving US Competitiveness and Global Leadership
    The industry’s investments are critical to international competitiveness and innovation, positioning the U.S. as a global leader and strengthening our energy security.

    America’s power needs are growing fast—projected to rise 35–50% by 2040—as data centers expand, domestic manufacturing rebounds, and our transportation and buildings electrify.
    Energy manufacturing processes are considerably complex and capital intensive, often requiring multiple intricate steps, specialized equipment, and expertise. This intricacy often comes with trade exposure or a series of imports and exports before the final energy component is ready for installation.
    A resilient, American-made supply chain for clean energy technologies makes the economy stronger, the country’s energy more secure, and serves as the foundation for innovation and growth.

    The Path Forward
    There are 200 manufacturing facilities in the pipeline representing over $150 billion of investment. If all announced facilities become operational by 2030, the impact could be transformative.

    Clean power manufacturing could support over 575,000 jobs
    Generate over $40 billion in earnings
    Contribute $86 billion to the GDP
    Add $164 billion in output to the economy annually

    Employment from existing and planned facilities by 2030 by region is projected to be:

    Northeast: 4,300+
    Mid-Atlantic: 123,000+
    South: 172,000+
    Midwest: 86,000+
    West: 173,000+

    Policy and Business Certainty Critical to American Manufacturing Leadership
    The report details how these economic and job benefits have largely been made possible because of federal clean energy tax credits enacted in 2022. The report calls on policymakers to build on this historic American manufacturing legacy with a suite of targeted policy tools to continue the momentum. They include:

    Preserving energy tax credits (45X, 45Y, 48C, 48E)
    Creating a stable and strategic trade environment
    Facilitating a true all-of-the above energy strategy
    Streamlining permitting to benefit American manufacturers and their customers
    Ensuring critical minerals policy appropriately leverages demand from downstream domestic clean energy manufacturers.

    To read the full report, click here.

    MIL OSI Economics –

  • MIL-OSI Global: Why do protestors use disruptive, confrontational tactics? New research shows they’re not just a last resort

    Source: The Conversation – UK – By Mete Sefa Uysal, Lecturer in Social & Political Psychology, University of Exeter

    HJBC/Shutterstock

    Public protests are on the rise globally, from climate marches and university occupations to roadblocks and mass political demonstrations. These actions may sometimes include confrontational tactics such as civil disobedience, disruption and, at times, violent resistance.

    At Columbia University in the US, for instance, pro-Palestine student protests recently captured global attention for their tactics. They ranged from non-confrontational actions such as gatherings and sit-ins to campus encampments and occupations aimed at disrupting daily activities, which eventually led to confrontations with police.

    Actions like these often spark debate. Are activists acting strategically, or simply reacting out of desperation and rage? Our new research sheds light on this question. Contrary to popular belief, people do not only turn to confrontational protest because they are desperate or lack political alternatives.

    Confrontational protests are frequently portrayed negatively. They are often associated with extremism, disorder, or desperation. So it’s long been a mystery why people choose such confrontational forms of protest, especially given more conventional options like petitions or authorised rallies offer broader public support and visibility.

    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.

    In our surveys of 3,833 people across three countries – Germany, Turkey and the UK – we found that people choose confrontational action when they believe it is effective and legitimate for achieving their group’s political goals.

    That said, in some protests, confrontational tactics may emerge spontaneously as a self-defence, driven by immediate threats. But it is not simply an emotional outburst or a last resort: it can be a strategic choice.

    This challenges a widely discussed idea in social and political psychology called the “nothing-to-lose” hypothesis. According to this view, people are driven to confrontational protest when they see non-confrontational action (such as voting, petitioning, or authorised marches) as ineffective. This is often because they have little political trust or are oppressed. Our studies ultimately tested this hypothesis.

    We found that most people rated non-confrontational actions as more effective than confrontational ones. But they still saw confrontational tactics as worthwhile if they also seemed effective and justifiable.

    Interestingly, we discovered that low political trust – a lack of belief that the political system works fairly – did not predict confrontational protest. In fact, it was only weakly linked to perceived effectiveness and legitimacy of such tactics.

    While previous theories suggested that people with nothing to lose would be the ones most drawn to radical action, our findings paint a more complex picture. People don’t necessarily need to lose all faith in the political system before considering disruptive protest. Rather, they judge whether a specific tactic will advance their cause and align with their collective moral values.

    Just Stop Oil protestors with hands glued to the frame of da Vinci’s The Last Supper.
    wikipedia, CC BY-SA

    We also found that when people think that protests are more likely to be met with state violence, they are more likely to view confrontational tactics as legitimate and effective. In other words, when crowds foresee push-back, they recalibrate their strategies rather than withdrawing altogether from activism.

    Constructive disruption

    This research matters now more than ever. From climate movement and pro-Palestine rallies in many countries to anti-government and pro-democracy protests in the US, Turkey, Serbia and Argentina, we are witnessing a global wave of protest crowds.

    Understanding what drives people to disruptive and confrontational actions can help both policymakers and the public make sense of protest in today’s divided world. This may be a better option than moralising about good versus bad forms of protests, which serves to silence and criminalise disruptive and confrontational actions.

    The former UK home secretary Suella Braverman labelled climate protesters “extremists” and pro-Palestinian protests “hate marches”. She also proposed harsher crackdowns. But such an approach is only likely to make the protests more disruptive.

    Similarly, several government responses to UK parliamentary reports on protest policing distinguish “right to peaceful protest” from any kind of disruptive and confrontational activism. They also highlight that the legal definition of “serious disruption” has been widened.

    But viewing all disruptive protests as being outside of legal boundaries is likely to create pushback among activists and limit the potential constructive social influence of such protests.

    We argue that it’s time to rethink how we talk about confrontational and disruptive protests. Rather than viewing them as irrational, extreme or born of despair, we should understand it as part of a wider repertoire of political action.

    Here, labelling a set of protests through binary, moralised terms can lead to overlooking and silencing a crucial and effective protest strategy: constructive disruption. Constructive disruption relies on carefully balancing non-violent but disruptive actions. This can apply pressure for change while signalling positive intent that encourages a conciliatory response to protest.

    As a group of social psychologists recently showed, constructive disruption could generate support even among those who are most resistant.

    If we recognise that such tactics are often grounded in a sense of justice and strategic reasoning, we can move away from moralistic judgements and toward democratic dialogue by better engaging with the underlying demands that drive them.

    As protest movements continue to shape political life around the world, we believe it’s time to take their strategies seriously – not just their slogans.

    Mete Sefa Uysal received funding from the International Society of Political Psychology Scholar Under Threat Fund for a part of this study.

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

    – ref. Why do protestors use disruptive, confrontational tactics? New research shows they’re not just a last resort – https://theconversation.com/why-do-protestors-use-disruptive-confrontational-tactics-new-research-shows-theyre-not-just-a-last-resort-256716

    MIL OSI – Global Reports –

  • MIL-OSI: Bitcoin Pizza Day Meets Trump Dinner: HTX Unveils One Million USDT in Rewards!

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 20, 2025 (GLOBE NEWSWIRE) — HTX, a leading global cryptocurrency exchange, is leading the charge in a unique dual celebration on May 22, as Bitcoin Pizza Day coincides with the Trump Dinner. This moment, where history meets the present, is drawing global attention. In celebration of this special occasion, HTX has proudly partnered with diamond sponsors JUST Protocol, SunPump, APENFT, BitTorrent, and WINkLink, alongside platinum sponsors Levva and ChainGPT, to launch a series of Pizza Day-themed promotions across multiple business lines, including Spot, Futures, Earn, and Community, boasting a total prize pool of nearly 1 million USDT. Whether you’re a new or existing HTX user, you’ll discover exclusive opportunities and exciting benefits throughout these events.

    Event 1: HTX Pizza Day Celebration: 200,000 USDT in Surprise Gifts with Seven Project Partners

    Get ready for Pizza Fest! From May 13 to May 26, HTX is joining forces with seven esteemed partner projects—SunPump, APENFT, JUST Protocol, WINkLink, BitTorrent, Steem, and MEVerse—to deliver a 14-day Pizza Day Celebration packed with over 200,000 USDT in Surprise Gifts. During the event, users can claim daily gifts on the HTX App, distributed at 02:00 (UTC) daily. On May 22 at 12:00 (UTC), Bitcoin Pizza Day, HTX will drop even more Surprise Gifts featuring bigger rewards, distributed in the form of tokens, Cashback Vouchers, Futures Trial Bonuses, Margin Interest Vouchers, and APY Booster Coupons.

    * View details: https://www.htx.com/support/105001328825783?invite_code=rdmu6223&inviter_id=11353960

    Event 2: Join the Pizza Day Celebration to Discover Four Amazing Benefits and Grab Your Share of $200,000

    From May 20 at 10:00 (UTC) to May 25 at 10:00 (UTC), HTX invites both new and existing users to join the four-tiered rewards event and share a total prize pool of up to $200,000. See below for details:

    1. New users who sign up and complete any spot, futures, or margin trade during the event will receive a welcome package that includes a 20 DOGE airdrop, APY Booster Coupons for SmartEarn, and Margin Interest Vouchers.

    2. Users will receive 15 USDT for their first successful referral. By inviting more friends, they’ll unlock Mystery Boxes worth up to 1,500 USDT each, containing popular cryptos like $BTC, $TRUMP, and $HTX. Additionally, they can earn up to another 1,500 USDT when their invitees reach the trading volume target.

    3. Eligible returning users who complete spot trading on HTX will have a chance to win BTC in a lucky draw. Additionally, after funding their USDT-M Futures account, they can earn APY Booster Coupons for SmartEarn.

    4. Users who trade designated cryptos in spot or futures, or create spot grid trading strategies, will have a chance to share $30,000 in $HTX.

    * View details: https://www.htx.com.co/en-us/mars/activity-center?callId=174728142724462

    Event 3: Take the BTC Pizza Day Quiz at HTX Square and Win Your Share of 200 USDT

    From May 16 at 02:00 (UTC) to May 23 at 15:59 (UTC), HTX Square is launching a quiz challenge where users can win rewards. Participants who follow HTX Square in the HTX Community and answer all the quiz questions correctly will have the opportunity to share the 200 USDT prize pool.

    * View details: https://square.htx.com/btc-pizza-day-celebration-take-the-quiz-win-rewards-2/

    Event 4: HTX Earn Bonanza for BTC Pizza Day: Enjoy Up to 10% APY on Popular Assets

    Celebrate Bitcoin Pizza Day with the HTX Earn Bonanza from 16:00:00 (UTC) on May 19 to 16:00:00 (UTC) on May 25. HTX is launching this special campaign featuring Earn products for both new and existing users. First-time subscribers at HTX Earn can enjoy New User Exclusive products with 100% APY. All users can subscribe to Fixed, Flexible, and Shark Fin products with 14 designated cryptocurrencies, including USDT, and earn up to 10% APY on HTX Earn. Additionally, participants who meet the net subscription increase requirement will each receive a 5% APY Booster Coupon for the USDT Flexible product.

    * View details: https://www.htx.com.ec/en-us/support/95001601423089

    Event 5: HTX Affiliates Pizza Day Special: Team Up & Trade with Your Invitees to Win a Full Case of Kweichow Moutai

    Celebrate Bitcoin Pizza Day with the limited-time HTX Affiliates Special Event, running from 10:00 (UTC) on May 20 to 10:00 (UTC) on May 25. HTX Affiliates can refer friends to sign up using an exclusive invitation link or code and form a trading team with invitees. Once the team reaches the required trading volume, rewards will be unlocked. The top prize is a 6-bottle case of Kweichow Moutai Flying Fairy.

    * View details: https://www.htx.com.de/en-us/support/35001621553884

    Event 6: HTX Convert Contest Now Live with 10,000 USDT Up for Grabs

    Don’t miss the HTX Convert Contest! It runs from 16:00:00 (UTC) on May 14 to 15:59:59 (UTC) on May 31. Trade designated cryptos on HTX Convert and reach a total trading volume of ≥500 USDT during the event to qualify for a share of the 5,000 USDT prize pool, with the top individual reward of up to 1,000 USDT. Complete 10 or more trades to unlock an additional prize pool — the more trades made, the bigger the share. Additionally, first-time converters on HTX Convert can also join an exclusive 2,000 USDT prize pool for new users, with up to 20 USDT per person available.

    * View details: https://www.htx.com.ec/en-us/support/25001446791888

    May 22 isn’t just about commemorating Bitcoin’s first “real-world transaction”; it is also a day for the global crypto community to celebrate the growth of the crypto industry and to share in its rewards. To honor this special day, HTX is launching a multifaceted celebration featuring diverse events that boost user engagement, elevate the festive atmosphere, and fully showcase the platform’s dynamic ecosystem.

    Pizza’s on the table and the party’s heating up. Join HTX today and experience the biggest crypto event of the year!

    About HTX

    Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

    As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

    To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX on X, Telegram, and Discord.

    For further inquiries, please contact Ruder Finn Asia, glo-media@htx-inc.com.

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0fc6cf35-38b5-4b16-8b54-5298d501bfe3

    The MIL Network –

  • MIL-OSI USA: Padilla Places Holds on EPA Nominees Until Republicans Cease Efforts to Abuse the CRA to Revoke California’s Clean Air Act Waivers

    US Senate News:

    Source: United States Senator Alex Padilla (D-Calif.)

    Padilla Places Holds on EPA Nominees Until Republicans Cease Efforts to Abuse the CRA to Revoke California’s Clean Air Act Waivers

    Senator Padilla: “If this attempt is successful, the consequences will be far-reaching, not only for our clean energy economy, the air our children breathe, and for our climate, but for the future of the CRA and for the Senate as an institution.”

    WASHINGTON, D.C. — U.S. Senator Alex Padilla (D-Calif.), Ranking Member of the Senate Committee on Rules and Administration and a member of the Senate Environment and Public Works Committee, placed a hold on the four pending Environmental Protection Agency (EPA) nominees until Republicans stop their reckless attempts to overrule the Senate Parliamentarian’s decision regarding California’s clean air waivers that allow the state to implement more protective air quality standards.

    The Trump-led EPA recently submitted three California waivers as “rules” to Congress — despite knowing full well that these waivers were not rules — in a cynical attempt to overturn the waivers with a 50-vote threshold under the Congressional Review Act (CRA). The Senate Parliamentarian determined that any resolutions aimed at overturning California waivers would not be entitled to the CRA’s expedited procedures and would therefore require 60 votes to secure Senate passage. Reporting indicates that Senate Republicans may soon move forward to bypass the filibuster to rescind these waivers, which would require overruling the Parliamentarian.

    Revoking California’s waivers would not only cause disastrous public health, environmental, and economic impacts, but would also mean Republicans took the “nuclear option,” undermining longstanding Senate procedures that could be applied to legislation far beyond the CRA and giving agencies significantly more control over the Senate floor.

    “This objection is a direct result of the agency’s cynical attempt to weaponize the Congressional Review Act (CRA) by attempting to submit as ‘rules’ three waivers issued to the State of California under the Clean Air Act (CAA),” wrote Senator Padilla. “If this attempt is successful, the consequences will be far-reaching, not only for our clean energy economy, the air our children breathe, and for our climate, but for the future of the CRA and for the Senate as an institution.”

    Padilla detailed the longstanding precedent making clear that EPA’s waivers are not rules subject to the Congressional Review Act. None of the more than 100 individual waivers or waiver-related decisions to California — under both Democratic and Republican Administrations — have ever been submitted as a rule since Congress granted the EPA this waiver authority in 1967 in bipartisan fashion. He also underscored the enormous stakes of overruling the Senate Parliamentarian, including for providing essential checks against executive branch agencies trying to exploit the CRA to enact their own agenda on matters that are not rules.

    “Here, for the first time in the history of the CRA, an agency submitted matters that they knew were not rules. Some of my Republican colleagues are now arguing that the Parliamentarian should have no role to limit this partisan gamesmanship, and the Senate should throw out the rulebook and overturn the Parliamentarian,” continued Senator Padilla. “If the Trump EPA and Senate Republicans are successful at this ploy, the Senate will have no choice but to accept this as status quo in the future. This would grant agencies unchecked control over the Senate floor — an unprecedented encroachment by the executive branch into the Senate’s internal operations.”

    Padilla laid out a list of potential actions that the Trump Administration could take to abuse the CRA, including revoking the broadcast licenses or other approvals for media outlets when they disagree with their news coverage; rescinding Food and Drug Administration approvals of vaccines, birth control, or mifepristone; or targeting the organizations of President Trump’s political opponents for retribution.

    “None of these actions are rules, which is why they’ve never been submitted to Congress as rules. But if my Republican colleagues open this door and overturn the Parliamentarian’s wise safeguards on this type of abuse, there would be no practical limit, and the Senate could be forced to vote repeatedly on such matters that are clearly not ‘rules’ notwithstanding the plain language of the CRA,” added Senator Padilla.

    By taking the nuclear option to overrule the Senate Parliamentarian, Padilla noted that a future Democratic Administration could target approvals for fossil fuel project leases, loan agreements, or permitting as well as for liquified natural gas (LNG) export terminals. They could also use the CRA to try to reverse the Trump Administration’s actions on matters including immigration, foreign policy, and staffing cuts.

    “Since this cynical attempt to weaponize the CRA was triggered by the administration’s political leadership at the EPA, at the urging of their Big Oil allies, I must object to proceeding to any nominations for the EPA pending on the Senate’s executive calendar,” concluded Senator Padilla. “I will continue to object until the agency withdraws its false submissions to Congress or the Majority Leader commits not to overturn the Parliamentarian’s determination on this matter.”

    A Senate hold blocks unanimous consent to speed up consideration of a nomination and forces the body to spend time debating and voting on the nominee. The EPA nominees currently pending on the Senate floor include Deputy Administrator nominee David Fotouhi, Chief Financial Officer nominee Catherine Hanson, and Assistant Administrator nominees Jessica Kramer and Aaron Szabo.

    Senator Padilla has been outspoken in pushing back against Republican attacks on California’s Clean Air Act waivers. Earlier this month, Senators Padilla, Adam Schiff (D-Calif.), and Sheldon Whitehouse (D-R.I.), Ranking Member of the Senate Committee on Environment and Public Works, took to the Senate floor to sound the alarm on Senate Republicans’ consideration of moving forward with their plan to revoke California’s Clean Air Act waivers. Padilla, Whitehouse, and U.S. Senate Democratic Leader Chuck Schumer (D-N.Y.) also led Democratic Ranking Members in strongly warning Majority Leader John Thune (R-S.D.) and Majority Whip John Barrasso (R-Wyo.) of the dangerous and irreparable consequences if Senate Republicans overrule the Senate Parliamentarian’s decision on California’s waivers.

    Last month, Senators Padilla, Whitehouse, and Schiff welcomed the Senate Parliamentarian’s decision that the waivers are not subject to the CRA. Padilla also joined Whitehouse and Schiff in blasting Trump and EPA Administrator Lee Zeldin’s weaponization of the EPA after the Government Accountability Office’s (GAO) similar finding. Padilla and Schiff previously slammed the Trump Administration’s intent to roll back dozens of the EPA’s regulations that protect California’s air and water.

    Full text of Padilla’s hold statement is available here.

    MIL OSI USA News –

  • MIL-OSI: Tenable Reveals 2025 Global Partner Award Winners

    Source: GlobeNewswire (MIL-OSI)

    COLUMBIA, Md., May 20, 2025 (GLOBE NEWSWIRE) — Tenable®, the exposure management company, today announced the recipients of its Global Partner Awards during Tenable AssureWorld — the company’s fifth annual virtual partner conference. Those honored this year include IBM — Global System Integrator of the Year; Siemens Energy — Tenable OT Security Partner of the Year; Telefonica — MSSP Partner of the Year; and AWS — Global Technology Partner of the Year.

    Tenable also crowned its regional Partners of the Year which recognizes those partners who consistently surpass expectations in collaboration and contribution throughout the year. This year’s winners are:

    • Asia Pacific and Japan – DXC
    • Europe, the Middle East and Africa – Softcat (UKI)
    • Latin America – Global Sec Tecnologia
    • North America – CDW
    • Public Sector – SHI

    “As a partner-first company, Tenable is hyper-focused on investing in and supporting channel partners, promoting collective success,” said Jeff Brooks, senior vice president of global channels, Tenable. “Our Global Partner Awards recognize partners whose dedication and collaboration with Tenable deliver truly exceptional outcomes in helping customers eradicate priority cyber weaknesses and protect against attacks.”

    Tenable AssureWorld is an exclusive event that allows Tenable and its partners to come together to learn and share information. The conference provides insights from top executives on Tenable’s vision, revenue strategy, customer-focused business strategy, product roadmap, and other key areas of cybersecurity.

    In addition to providing resellers, distributors, MSSPs, and systems integrators with innovative exposure management solutions, the Tenable Assure Partner Program arms partners with sales and marketing assistance, training and certification opportunities, services-delivery certification and technical support to grow their business and deliver exceptional exposure management and risk mitigation. More information on the Tenable Assure Partner Program is available at: https://www.tenable.com/partners/channel-partner-program.

    About Tenable
    Tenable® is the exposure management company, exposing and closing the cybersecurity gaps that erode business value, reputation and trust. The company’s AI-powered exposure management platform radically unifies security visibility, insight and action across the attack surface, equipping modern organizations to protect against attacks from IT infrastructure to cloud environments to critical infrastructure and everywhere in between. By protecting enterprises from security exposure, Tenable reduces business risk for approximately 44,000 customers around the globe. Learn more at tenable.com.

    Media Contact:
    Tenable
    tenablepr@tenable.com

    The MIL Network –

  • MIL-OSI: Conifer Insurance Services Strengthens Cannabis Industry Commitment with Launch of Cannabis Select Program

    Source: GlobeNewswire (MIL-OSI)

    TROY, Mich., May 20, 2025 (GLOBE NEWSWIRE) — Conifer Insurance Services (“Conifer”), a pioneer in cannabis insurance solutions, in partnership with Skyward Specialty Insurance Group™ (“Skyward Specialty”), a leader in the specialty property and casualty market, announced the launch of its new Cannabis Select program, a high-capacity insurance solution built for the evolving needs of multi-state operators (MSOs) and larger cannabis businesses nationwide. Designed to complement Conifer’s long-standing Cannabis Essentials program, Cannabis Select offers elevated coverage limits, expanded property protection, and advanced risk management solutions to support the industry’s continued growth.

    Conifer has served the cannabis industry for over a decade, standing apart through its commitment to responsive service, speed to market, and experience in underwriting. Since Bishop Street Underwriters’ acquisition of Conifer Insurance Services in 2024, significant investments have been made in underwriting talent and AI-driven insights to scale solutions for agency partners and cannabis businesses at every stage of growth.

    “As the cannabis industry matures, our agency partners have consistently shared the need for higher limits and greater capacity,” said Nick Petcoff, CEO of Conifer Insurance Services. “Cannabis Select is a direct response to that need, building on our long track record of success while maintaining the service-first, flexible approach that has always defined Conifer.”

    Skyward Specialty President, Captives & Specialty Programs Corey LaFlamme commented, “The partnership with Conifer is a powerful example of Skyward Specialty’s “rule our niche” strategy in action, where we provide high-impact, tailored solutions to highly niche markets.”

    The addition of the Cannabis Select program expands the breadth of cannabis offerings Conifer provides this market. Its existing Cannabis Essentials program remains a trusted solution for businesses earlier in their journey, delivering affordable, accessible coverage to dispensaries, smaller grows and localized operations. The new Cannabis Select program offers high-limit, specialty coverage for retail dispensaries, cultivators and manufacturers operating at scale.

    Conifer now provides two tailored program options:

    Feature Cannabis Essentials Cannabis Select
    Ideal For Small-to-midsize growers, dispensaries, etc. Multi-State Operators, large cultivators, manufacturers
    Focus Affordability, scalability, accessibility High limits, sophisticated risk management
    Coverage Limits Up to $5M Property, $1M/$2M GL & Product Liability Up to $25M Property, $5M/$5M GL & Product Liability
    Carrier Rating AM Best A-X (Excellent) AM Best A-X (Excellent)
    Program Type Admitted and Non-Admitted (state dependent) Non-Admitted
    Availability Nationwide (where legal) Nationwide (where legal)
     

    Leadership with Deep Expertise

    The expansion of Conifer’s cannabis practice is being led by Kathleen Brown-Hurtado, president of Cannabis Specialty Programs, who brings extensive leadership experience and strategic vision to the team. Kathleen is joined by Jason Scheurle, vice president of Cannabis Specialty Programs, adding further industry expertise to support program growth and agency partner success.

    “As cannabis businesses scale, their insurance needs grow more complex.” said Brown-Hurtado, “Cannabis Select delivers the higher limits and specialized protections larger operations demand, while Cannabis Essentials ensures we remain the go-to partner for startups and growth-stage businesses alike.”

    To learn more about the Cannabis Select and Cannabis Essentials programs, or to get appointed with Conifer, visit coniferinsurance.com/cannabis or contact our experts:

    About Conifer Insurance Services

    Founded in 2012 and headquartered in Troy, Michigan, Conifer Insurance Services is a specialty MGA focused on delivering insurance solutions for emerging and underserved markets. With a deep expertise in niche industries including Cannabis, Hospitality and Liquor Liability, Conifer empowers agency partners with access to competitive, A-rated coverage backed by responsive underwriting and tailored risk management. For more information about Conifer’s cannabis programs, visit coniferinsurance.com

    About Skyward Specialty

    Skyward Specialty (Nasdaq: SKWD) is a rapidly growing and innovative specialty insurance company, delivering commercial property and casualty products and solutions on a non-admitted and admitted basis. The Company operates through eight underwriting divisions — Accident & Health, Agriculture and Credit (Re)insurance, Captives, Construction & Energy Solutions, Global Property, Professional Lines, Specialty Programs, Surety and Transactional E&S.

    Skyward Specialty’s subsidiary insurance companies consist of Great Midwest Insurance Company, Houston Specialty Insurance Company, Imperium Insurance Company, and Oklahoma Specialty Insurance Company. These insurance companies are rated A (Excellent) with a stable outlook by A.M. Best Company. For more information about Skyward Specialty, its people, and its products, please visit skywardinsurance.com.

    MEDIA CONTACTS

    Conifer Media Contact
    Matt Webber, VP, Business Development
    mwebber@coniferinsurance.com
    246-480-2990

    Skyward Specialty Media Contact
    Haley Doughty, Chief Marketing Officer & VP, Communications
    Hdoughty@skywardinsurance.com
    713-935-4944

    The MIL Network –

  • MIL-OSI USA: Liang Zhang Appointed as New Electrical and Computer Engineering Head

    Source: US State of Connecticut

    Dean JC Zhao of the UConn College of Engineering is pleased to appoint Professor Liang Zhang as the new head of the electrical and computer engineering (ECE) department. Zhang’s appointment will start in August 2025. 

    “I am honored to lead the Department of Electrical and Computer Engineering at UConn, where our commitment to innovation and education continues to drive impactful research and student success,” Zhang said. “Together with the talented faculty and staff of the ECE department, we will advance the field of electrical and computer engineering to meet the challenges of tomorrow.” 

    Liang Zhang (Christopher LaRosa/UConn photo).

    Zhang joined UConn Engineering in 2013 as an assistant professor in the Department of Electrical and Computer Engineering. 

    Since then, he has held various positions within the department, including the director of undergraduate studies, Pratt & Whitney Associate Professor in Advanced Systems Engineering, and director of the Department of Energy Southern New England Industrial Training and Assessment Center. He also holds an affiliated position with the management and engineering for manufacturing program. 

    “Dr. Zhang exemplifies the strengths we value at the UConn College of Engineering—rigorous research, deep commitment to student success, and impactful engagement with industry,” said Dean JC Zhao. “His leadership will play a vital role in advancing the department’s strategic goals and driving innovation that benefits both Connecticut and the broader engineering community.” 

    Zhang’s research focuses on smart manufacturing and Industry 4.0, with an emphasis on energy-efficient operations, human-robot collaboration, industrial data analytics, and the resilience of cyber-physical systems. 

    Before arriving at UConn, he was an assistant professor of industrial and manufacturing engineering at the University of Wisconsin-Milwaukee from 2009 through 2013. 

    Zhang earned his Ph.D. in electrical engineering systems from the University of Michigan in 2009. Previously, he earned a master’s in control theory and engineering and a bachelor’s in automation from Tsinghua University in Beijing, China in 2004 and 2002, respectively. 

    Zhang will take the reins from John Chandy, the outgoing department head who has served since 2018. 

    “Dr. Zhang has been an integral part of our department’s success, leading impactful research, mentoring students, and building strong industry partnerships,” says Chandy. “His vision, dedication, and collaborative spirit make him the ideal leader to guide ECE into its next chapter.” 

    According to Chandy, the department is in good hands.

    “I would like to take the opportunity to thank Professor John Chandy for his leadership and service as head of the ECE Department here at UConn,” says Zhao. “John devoted his time and energy for the betterment of the department and is highly respected by his colleagues at peers.” 

    MIL OSI USA News –

  • MIL-OSI USA: Refining industry risks from 2025 hurricane season

    Source: US Energy Information Administration

    In-depth analysis

    May 20, 2025

    Colorado State University’s hurricane forecast estimates the 2025 hurricane season will exceed the 1991–2020 average, with an estimate of 17 named storms, compared with a historical average of 14 storms. Meteorologists expect 13–18 named storms, including 3–6 storms with direct impacts on the United States, during this year’s Atlantic hurricane season, according to reports from AccuWeather in April.

    The potential for a stronger hurricane season suggests heightened risk for weather-related production outages in the U.S. oil industry, including potential refinery outages along the U.S. Gulf Coast. Last year, five hurricanes made landfall in the United States, shutting in some upstream crude oil and natural gas production temporarily and disrupting petroleum product supply chains in Florida.

    What is hurricane season?

    The National Oceanic and Atmospheric Administration’s (NOAA) National Hurricane Center defines the Atlantic hurricane season as running from June 1 through November 30. Generally, June is the month when the earliest named storms begin forming in the Atlantic Basin, and the most severe hurricanes usually form in August and early September. In the United States, hurricanes most often hit the Southeast (PADD 1C) and the U.S. Gulf Coast (PADD 3).

    How do hurricanes affect petroleum refining?

    The U.S. Gulf Coast accounts for 55% of total U.S. refining capacity, with the Texas Gulf Coast and Louisiana Gulf Coast refining regions combined accounting for 49% of total U.S. refinery capacity. These facilities risk flooding or power outages associated with major storms or hurricanes. Many refinery operators will evacuate nonessential personnel and temporarily stop production if they believe severe weather might injure employees or damage their facilities.

    Refineries that sustain major damage or flooding may be taken offline for longer periods. In 2021, Phillips 66’s Alliance refinery in Belle Chase, Louisiana, permanently closed and was transitioned into a storage terminal following significant storm damage.

    What determines the scale of a weather-related impact on markets?

    A storm’s location is the main determining factor of its impact on petroleum markets, followed by the storm’s intensity. An intense storm that affects a region without refining capacity is unlikely to significantly affect overall U.S. refined petroleum supplies.

    Hurricanes can affect local logistics, distribution, and consumption in any affected area. In regions facing an impending major hurricane or other emergency, consumer behavior can also lead to regionalized price increases, local supply shortfalls, panic-buying, and spikes in fuel demand for evacuation purposes.

    Hurricanes can also disrupt supply chains for petroleum products. Fuel supplies in Florida are primarily shipped on barges from Gulf Coast refineries, such as those in Texas and Louisiana. Hurricanes and tropical storms can lead to disruptions in these transfers. Retail stations in other regions can also be affected by logistical disruptions or power outages, which occurred in 2012 during Hurricane Sandy.

    How much refinery capacity is at risk from hurricanes?

    The path of a single hurricane or major storm is unlikely to affect more than a single cluster of refineries along the Gulf Coast. However, because of the total volume of refining capacity in each region, more than 1.0 million barrels per day of capacity could be temporarily taken offline in anticipation of a major storm.

    Hurricanes don’t often hinder refining operations in the mid-Atlantic (PADD 1B) region, although what is now the largest refinery on the East Coast—the Bayway refinery in New Jersey operated by Phillips 66—was affected by Hurricane Sandy in 2012. Similar incidents or storms that limit imports into New York Harbor also present a potential risk to U.S. petroleum supplies.

    More information on energy infrastructure and potential storm risks is available in our U.S. Energy Atlas.

    Principal contributor: Kevin Hack

    MIL OSI USA News –

  • MIL-OSI: Trio enters into Letter of Intent to acquire 2000 acres in P.R. Spring Utah, one of largest tar-sand deposits in North America outside of Canada.

    Source: GlobeNewswire (MIL-OSI)

    California, May 20, 2025 (GLOBE NEWSWIRE) — Trio Petroleum Corp (NYSE American: TPET) (“Trio” or the “Company”), a California-based oil and gas company, is pleased to announce it has entered into a Letter of Intent to acquire 2000 acres at P.R. Spring, Unita Basin, Utah from Heavy Sweet Oil LLC. (HSO). According to a report provided by Dr. Douglas S. Hamilton, who holds Bachelor’s (HONs) and Ph.D. degrees in Geology from the University of Sydney, Australia, P.R. Spring area contains an estimated 6.75 billion barrels of OOIP within its basin boundary limits. This information was ascertained through detailed mapping of bitumen outcrops by various authors*, analysis of historical core hole and petroleum exploration wells, and examination of laboratory-derived measurements of porosity and oil saturation from 100’s of cores.

    An Optimization Study conducted by Dr Amanda Bustin, President of Bustin Earth Science Consultants, indicated a typical project well has an estimated ultimate recovery (“EUR”) of 300,000 barrels of oil with stable production rate exceeding approximately 40 barrels of oil per day. The 2000-acre parcel will support up to 1000 wells in seven well pods. Once complete Trio believes that the project, fully developed, could provide upwards of 50,000 barrels a day with an approximate 20-year life. With an expected initial total drilling and completion cost of less than $800,000 per well and declining with scale, we believe the economics and size of the opportunity are superlative and transformative for a company like Trio.

    The initial product from these wells will be commercial grade asphalt directly from the site for 90% of the production with an estimated 10% balance being a diesel range product. Both products are low sulfur and are expected to demonstrate a very low carbon footprint. This may enable our project to sell both spec commercial grade asphalt binder, which is expected to sell locally at a premium to WTI, as well as green diesel that is expected to sell at an even higher margin to WTI (per Valkor Oil and Gas LLC project developer and operator).

    Samples of produced oil from Heavy Sweet’s Asphalt Ridge project, which is located next to the P.R. Spring in the Unita Basin, confirm oil composition and above-ground facilities have been designed allowing for the separation of the two products, asphalt and diesel, providing the ability to capture product prices superior to WTI.

    The Operator is Heavy Sweet Oil, LLC, in partnerships with Valkor Oil and Gas LLC, a vertically integrated project development company with expertise in shallow heavy oil and in green and socially beneficial hydrocarbon projects.

    According to J. Wallace Gwynn of Energy News, the P.R. Spring Project is known to be one of the largest tar-sand deposits in North America outside of Canada, making it a potential giant oilfield, and is distinctive given its low wax and negligible sulfur content, which is expected to make the oil very desirable for many industries, including shipping. The project has the potential to be both large and highly profitable.

    As a result of this new opportunity, Trio allowed its option for an additional 77.75% in Asphalt Ridge to expire.

    Terms of Acquisition

    Upon the execution of the LOI by the Parties, Trio paid HSO a non-refundable payment of $150,000 for the option to acquire 2,000 acres of Trio’s choice and develop the P.R. Spring Project.

    Upon Trio entering into a Definitive Agreement with HSO for the P.R. Spring Project, at the closing of the Proposed Transaction (“Closing”) it is expected that Trio shall (i) issue to HSO 1,492,272 restricted shares of Trio’s common stock and (ii) pay to HSO $850,000, in cash, which shall be applied toward the acquisition and development of the P.R. Spring Project.

    It is also expected that Trio will provide 100% of the required capital expenditures for the development of the P.R. Spring Project, and Trio and HSO will each be entitled to 50% of the net profits derived from the P.R. Spring Project.

    Pursuant to the terms and conditions of the Definitive Agreement, it is intended that Trio will construct a minimum of seven production wells in connection with the P.R. Spring Project, during the two-year period after the Closing.

    It is also expected that the Definitive Agreement will contain such other terms and conditions as are customary in an acquisition of this nature including, without limitation, representations and warranties, conditions for Closing and applicable indemnifications.

    Trio’s obligation to enter into the Definitive Agreement shall be subject to delivery of evidence of a minimum sustained production rate of 40 barrels per day for a continuous 30-day period from each of the two wells at the Asphalt Ridge site.

    *Gwynn published a Utah Geological Survey Open-File Report (no. 527) in 2008 that exhaustively compiled tar sand data for the P.R. Spring area from numerous resource-characterization and hydrocarbon reserve investigations. This compilation defines the area of the tar sand deposit at P.R. Spring (figure 4). Geological maps and measured sections of the tar sand deposits are presented in Whittier and Becker (1962) and Byrd (1967), and Gwynn (1971) and Clem (1984) attempted correlation of the bitumen-bearing sandstone units. Properties of the tar sand deposits are published in Johnson and others (1975a, b, c), Dana and Sinks (1984a, b), and Sinks (1985). Analysis of oil extracted from the tar sands is documented in Wood and Ritzma (1972). Reserves and economic potential are discussed in Dahm (1980) and Clem (1984).

    About Trio Petroleum Corp
    Trio Petroleum Corp is an oil and gas exploration and development company in California, Saskatchewan and Utah.

    Cautionary Statement Regarding Forward-Looking Statements
    All statements in this press release of Trio Petroleum Corp (“Trio”) and its representatives and partners that are not based on historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Acts”). In particular, when used in the preceding discussion, the words “estimates,” “believes,” “hopes,” “expects,” “intends,” “on-track”, “plans,” “anticipates,” or “may,” and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Acts and are subject to the safe harbor created by the Acts. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. While management has based any forward-looking statements contained herein on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties, and other factors, many of which are outside of the Trio’s control, that could cause actual results to materially and adversely differ from such statements. Such risks, uncertainties, and other factors include, but are not necessarily limited to, those set forth in the Risk Factors sections of the Trio reports filed with the Securities and Exchange Commission (SEC). Copies of such documents are available on the SEC’s website, www.sec.gov. Trio undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

    Investor Relations Contact:
    Redwood Empire Financial Communications
    Michael Bayes
    (404) 809 4172
    michael@redwoodefc.com

    The MIL Network –

  • MIL-OSI Global: Ancient pollen reveals stories about Earth’s history, from the asteroid strike that killed the dinosaurs to the Mayan collapse

    Source: The Conversation – USA – By Francisca Oboh Ikuenobe, Professor of Geology and Geophysics, Missouri University of Science and Technology

    An electron microscope image, colorized, shows different structures of pollen grains, including sunflower, morning glory and primrose. Dartmouth Electron Microscope Facility

    If you are sneezing this spring, you are not alone. Every year, plants release billions of pollen grains into the air, specks of male reproductive material that many of us notice only when we get watery eyes and runny noses.

    However, pollen grains are far more than allergens – they are nature’s time capsules, preserving clues about Earth’s past environments for millions of years.

    Pollen’s tough outer shell enables it to survive long after its parent plants have disappeared. When pollen grains become trapped in sediments at the bottom of lakes, oceans and riverbeds, fossil pollen can provide scientists with a unique history of the environments those pollen-producing plants were born into. They can tell us about the vegetation, climate and even human activity through time.

    Fossil pollen grains of Carya (hickory) have been found in southeastern Missouri that are millions of years old.
    Francisca Oboh Ikuenobe

    The types of pollen and the quantities of pollen grains found at a site help researchers reconstruct ancient forests, track sea-level changes and identify the fingerprints of significant events, such as asteroid impacts or civilizations collapsing.

    As palynologists, we study these ancient pollen fossils around the world. Here are a few examples of what we can learn from these microscopic pollen grains.

    Missouri: Pollen and the asteroid

    When an asteroid struck Earth some 66 million years ago, the one blamed for wiping out the dinosaurs, it is believed to have sent a tidal wave crashing onto North America.

    Marine fossils and rock fragments found in southeastern Missouri appear to have been deposited there by a massive wave generated by the asteroid hitting what is now Mexico’s Yucatan Peninsula.

    Among the rocks and marine fossils, scientists have found fossilized pollen from the Late Cretaceous and Early Paleocene periods that reflects changes in the surrounding ecosystems. The pollen reveals how ecosystems were instantly disrupted at the time of the asteroid, before gradually rebounding over hundreds to thousands of years.

    A University of Michigan-led study using data from the Chicxulub asteroid impact crater modeled how far the resulting tsunami likely would have reached. Ancient pollen grains and marine fossils found in southeastern Missouri and analyzed by scientists at the Missouri University of Science and Technology offer hard evidence of the flooding.
    Molly M. Range, et al., 2022, CC BY

    Pollen from gymnosperms, such as pines, as well as ferns and flowering plants, such as grasses, herbs and palm trees, all record a clear pattern: Some forest pollen disappeared after the impact, suggesting that the regions’ vegetation changed. Then the pollen slowly began to reemerge as the environment stabilized.

    US Gulf Coast: Sequoia pollen and sea-level rise

    Fossilized pollen grains have also helped scientists trace slower but equally dramatic changes along the eastern Gulf Coast states of Mississippi and Alabama.

    During the Early Oligocene, around 33.9 to 28 million years ago, sea levels rose and flooded low-lying conifer forests in the region. Researchers identified a distinct change in pollen released by Sequoia-type trees, giant conifers that once dominated the coastal plains.

    Scientists have been able to use those pollen records to reconstruct how far the shoreline moved inland by tracking the proportion of pollen grains in the geologic record to the rise of marine microfossils.

    The evidence shows how the sea flooded land ecosystems hundreds of miles from today’s coast. Pollen is a biological marker and geographic tracer of this ancient change.

    Western Australia: From swamp to salinity

    In Western Australia, sediment cores from the beds of Lake Aerodrome, Gastropod Lake and Prado Lake reveal how long-term drying can change the ecology of a region.

    During the Eocene, a period from about 55.8 million to 33.9 million years ago, lush swamp forests surrounded freshwater lakes there. That’s reflected by abundant pollen from tropical trees and moisture-loving shrubs and fern spores at that time. However, vegetation changed dramatically as the Australian tectonic plate drifted northward and the climate became more arid.

    The upper layers of the sediment cores, which capture more recent times, contain pollen mostly from wind-pollinated, salt- and drought-tolerant plants – evidence of shifting vegetation under growing environmental stress.

    Magnified images of fossil pollen studied in Australia. Clockwise from upper left, they are pollen from acacia, aglaonema and eucalyptus.
    Francisca Oboh-Ikuenobe

    The presence of Dunaliella, a green alga that thrives in very salty water, alongside sparse pollen from plants that could survive dry environments, confirms that lakes that once supported forests became highly saline.

    Guatemala: Maya history and forest recovery

    Closer to the tropics, Lake Izabal in Guatemala offers a more recent archive spanning the past 1,300 years. This sediment record reflects both natural climate variation and the profound impact of human land use, especially during the rise and fall of the Maya civilization.

    Around 1,125 to 1,200 years ago, pollen from crops such as maize and opportunistic herbs surged, at the same time tree pollen dropped, reflecting widespread deforestation. Historical records show political centers in the region collapsed not long afterward.

    Quiriguá was an ancient Mayan city near Lake Izabal, where pollen studies show the rise in deforestation and the recovery. Quiriguá began to decline in the ninth century and was eventually abandoned.
    Daniel Mennerich/Flickr, CC BY-SA

    Only after population pressure eased did the forest begin to recover. Pollen from hardwood tropical trees increased, indicating vegetation rebounded even as rainfall declined during the Little Ice Age between the 14th and mid-19th centuries.

    The fossil pollen shows how ancient societies transformed their landscapes, and how ecosystems responded, providing more evidence and explanations for other historical accounts.

    Modern pollen tells a story, too

    These studies relied on analyzing fossil pollen grains based on their shapes, surface features and wall structures. By counting grains – hundreds to thousands per sample – scientists can statistically build pictures of ancient vegetation, the species present, their abundances, and how the composition of each shifted with the climate, sea-level changes or human activity.

    This is why modern pollen also tells a story. As today’s climate warms, the behavior of pollen-producing plants is changing. In temperate regions such as the U.S., pollen seasons start earlier and last longer due to warming temperatures and rising carbon dioxide in the atmosphere from vehicles, factories and other human activities.

    All of that is being recorded in the fossil pollen record in the sediment layers at the bottoms of lakes around the world.

    So, the next time you suffer from allergies, remember that the tiny grains floating in the air are biological time capsules that may one day tell future inhabitants about Earth’s environmental changes.

    Francisca Oboh Ikuenobe receives funding from the National Science Foundation, American Chemical Society-Petroleum Research Fund, and International Continental Scientific Drilling Program. She is affiliated with the American Association for the Advancement of Science, American Geophysical Union Geological Society of America, American Association of Petroleum Geologists, Association for Women Geoscientists, Geological Society of Nigeria, AASP – The Palynological Society, SEPM – Society for Sedimentary Geology, and The Paleontological Society.

    Linus Victor Anyanna receives research support from the National Science Foundation. He is a member of the Geological Society of America, AASP-The Palynological Society, the American Association of Petroleum Geologists, and the Geological Society of Nigeria.

    – ref. Ancient pollen reveals stories about Earth’s history, from the asteroid strike that killed the dinosaurs to the Mayan collapse – https://theconversation.com/ancient-pollen-reveals-stories-about-earths-history-from-the-asteroid-strike-that-killed-the-dinosaurs-to-the-mayan-collapse-254190

    MIL OSI – Global Reports –