Category: Energy

  • MIL-OSI: Bitcoin Solaris Announces Final Genesis Event Offering: $1 Token Price for Last 100 Participants

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, July 22, 2025 (GLOBE NEWSWIRE) — Every altcoin season brings surprises. Some coins pump on pure hype. Others, like Bitcoin Solaris, are building real momentum by delivering on tech, scalability, and accessibility. The crypto market is once again heating up with investors racing to secure what could be the next big success story. Unlike overhyped projects riding temporary waves, Bitcoin Solaris has built its case on solid fundamentals. Its Genesis Event is currently rolling back the price from $13 to just $1 for a very short time, giving early investors a shot at a 1900% ROI before launch.

    With just 100 slots left, this is the kind of opportunity that feels like Bitcoin’s early days repeating themselves, but with modern tech, faster performance, and mobile-first accessibility at the heart of its offering. This is why so many crypto enthusiasts are now focusing on BTC-S as their top altcoin pick for serious long-term potential.

    Bitcoin Solaris: A Scalable, Mobile-First Future for Wealth Generation

    Bitcoin Solaris is not just another altcoin chasing trends. Its core technology is designed to solve the issues Bitcoin never could. Through its dual-consensus architecture, Bitcoin Solaris offers 10,000+ transactions per second, validator rotation for fairness and security, and energy efficiency 99.95% greater than traditional mining. Its mobile-first scalability through the upcoming Solaris Nova app ensures mass adoption potential by letting users mine easily from any device.

    These fundamentals make BTC-S more than hype. They make it a realistic contender for significant growth, offering everyday users new ways to build wealth through mining, transactions, and adoption.

    Presale Momentum: Only Few Slots Left at $1

    Bitcoin Solaris is now deep into its final presale phase, phase 13.

    • Current Price: $13
    • Launch Price: $20

    Over $7.7M has been raised. 15,800+ unique users have joined. This is already one of the most explosive presales on record. But what is truly making waves is the Genesis Event rollback. For a very limited time, BTC-S is rolling back from $13 to just $1 for the final 100 participants.

    Genesis Event Key Details:

    • Rollback to $1 instead of $13
    • Potential ROI of 1900% at launch
    • Only around 1 week left

    This is not labeled as a discount or bonus. It is a rare opportunity for those who move fast enough to secure it.

    Wallets like Trust Wallet and Metamask are recommended for receiving your tokens smoothly at launch.

    Forget Hype, Bitcoin Solaris Is Backed by Real Tech and Real Growth

    Influencers Are Talking

    The buzz around Bitcoin Solaris is growing fast. Multiple influencers have already taken notice.

    • Token Empire praised the scalability and dual-consensus model.
    • Crypto Vlog highlighted the mobile-first mining and high TPS.
    • Token Galaxy focused on how BTC-S could mirror Bitcoin’s early wealth potential.

    These are not throwaway reviews. These influencers are focused on fundamentals, and Bitcoin Solaris is delivering.

    Why Bitcoin Solaris Has the Community Excited

    Bitcoin Solaris offers more than speculation. Its foundation includes:

    • Energy-efficient mining
    • Dual-layer consensus for scalability and security
    • Smart contracts for DeFi adoption
    • 10,000+ TPS for real-world use
    • Mobile-first approach via the upcoming Solaris Nova app

    These features make it a standout in an increasingly crowded space.

    Liquid Staking Brings Passive Income With Flexibility

    Bitcoin Solaris is innovating beyond mining through its liquid staking model. Users earn rewards while maintaining full access to their assets through sBTC-S tokens (1:1). These tokens can be used in DeFi, traded, or held without restrictions.

    Benefits of liquid staking:

    • Earn rewards while keeping liquidity
    • sBTC-S tokens fully usable in DeFi platforms
    • Supports network strength through increased staking
    • Fully integrated with the Solaris Nova App and its smart validator system

    Learn more about this system at Bitcoin Solaris Liquid Staking.

    Final Verdict: Bitcoin Solaris Is the Opportunity

    Bitcoin Solaris is positioning itself as more than just another altcoin. With its advanced dual-consensus model, energy efficiency, and 10,000+ TPS scalability, BTC-S is built for real-world adoption while giving users easy access through mobile mining and DeFi. The project’s strategic rollout and growing user base show strong momentum heading into launch.

    This is not about guessing the next meme coin. Bitcoin Solaris offers a realistic pathway to wealth creation through technology, accessibility, and scalability. The fact that only 100 slots remain at $1 adds urgency to what is already one of the most talked-about opportunities in the altcoin space right now. If you missed Bitcoin’s early days or watched other projects 10x without you, this could be the moment to finally change that narrative.

    For more information on Bitcoin Solaris:
    Website: https://www.bitcoinsolaris.com/
    Telegram: https://t.me/Bitcoinsolaris
    X: https://x.com/BitcoinSolaris   

    Media Contact:
    Xander Levine
    press@bitcoinsolaris.com
    Press Kit: Available upon request

    Disclaimer: This content is provided by Bitcoin Solaris. 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.

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    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/b6db7fef-96ce-4418-9b44-5b74ae312406

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    The MIL Network

  • India’s BioE3 policy to spearhead green growth and biomanufacturing revolution

    Source: Government of India

    Source: Government of India (4)

    The Government’s ambitious BioE3 Policy—short for Biotechnology for Economy, Environment & Employment—emerged as the focal point of a high-level joint review meeting of all Science Ministries, chaired by Union Minister Dr. Jitendra Singh. Held in the national capital on Monday, the review convened top scientific officials to evaluate inter-ministerial initiatives and promote a unified, outcome-driven vision in alignment with India’s Vision 2047.

    Approved by the Cabinet in August 2024, the BioE3 Policy is designed to transform India into a global hub for sustainable biomanufacturing by leveraging biotechnology and artificial intelligence. The Minister was informed about the overwhelming response to the policy’s first round of DBT-BIRAC ( Department of Biotechnology- Biotechnology Industry Research Assistance) joint calls, which attracted over 2,000 proposals. Calling it a “national mission,” Dr. Singh emphasized its role in driving green growth, expanding the bioeconomy, and generating employment across sectors.

    The BioE3 framework focuses on five critical domains—Carbon Capture and Utilization, Precision Biotherapeutics, Smart Proteins, Enzymes, and Climate-Resilient Agriculture. Nearly 40% of the selected proposals are being led by startups and private industry through public-private partnership (PPP) models. Academic institutions, meanwhile, are at the forefront of agri-biotech innovations. These initiatives are being supported by the national MoolankurBioEnabler Network, a cutting-edge platform comprising Bio-AI Hubs, biofoundries, and biomanufacturing centers.

    In a strategic move to reverse brain drain, the Minister also reviewed a proposal to introduce 100 post-doctoral fellowships for Indian scientists working abroad. “We must offer meaningful opportunities to attract our talent back,” Dr. Singh stated, underlining the importance of building domestic research capabilities.

    The review also covered developments in India’s energy sector. Officials provided updates on ongoing site assessments in Bihar for new nuclear power plants. These evaluations, focusing on land availability, water resources, seismic stability, and soil conditions, are being conducted in collaboration with state authorities. Final approval will rest with the Atomic Energy Regulatory Board.

    India’s space programme also received significant attention. A recent technological advancement is set to boost the payload capacity of the GSLV Mark-3 rocket by 20%—achieved without structural modifications. Officials further disclosed that a near-crisis during an international satellite launch was averted after a crack in the fuel line was promptly detected and rectified. Dr. Singh lauded the swift action and high level of preparedness demonstrated by the technical teams.

    Preparations are now underway for National Space Day, which will highlight the contributions of India’s thriving space startup ecosystem. Over 300 private firms are expected to participate in live demonstrations and exhibitions, showcasing innovations that are fast becoming integral to India’s space ambitions.

    Educational outreach also featured prominently in the discussions. The Ministry is exploring ways to expand initiatives such as Vigyan Jyoti, which has witnessed growing participation from schoolgirls nationwide. In response to rising interest from students in Classes 6 to 10, efforts are being made to broaden early-stage mentorship and innovation programmes.

    Calling for greater inter-ministerial alignment, Dr. Singh directed departments to channel key proposals through the Office of the Principal Scientific Adviser for better strategic coordination. “We must avoid overlaps and work in unison to achieve national outcomes,” he said.

  • MIL-OSI Asia-Pac: President Lai meets official delegation from European Parliament’s Special Committee on the European Democracy Shield

    Source: Republic of China Taiwan

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

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

    Details
    2025-07-01
    President Lai meets delegation from 2025 Taiwan International Ocean Forum
    On the afternoon of July 1, President Lai Ching-te met with a delegation from the 2025 Taiwan International Ocean Forum (TIOF). In remarks, President Lai noted that the people of Taiwan will continue to work with democratic partners throughout the world in a maritime spirit of freedom and openness to contribute to ocean governance and jointly ensure maritime security. He expressed hope that their visit will help forge stronger friendships between Taiwan and international maritime partners, so that all can work together to spur shared maritime prosperity and sustainable development for the next generation. A translation of President Lai’s remarks follows: I want to thank our guests for coming here to the Presidential Office. The 2025 TIOF will take place tomorrow and the day after, and I thank you all for making the long trip to Taiwan to attend the event and share your valuable insights and experiences. This year’s forum will focus on strategies for strengthening maritime security and pathways to achieving a sustainable blue economy. By attending this forum, our guests are highlighting their commitment to safeguarding the oceans, and beyond that, taking concrete action to demonstrate support for Taiwan. I once again offer deepest gratitude on behalf of the people of Taiwan. Taiwan holds a key position on the first island chain, is one of the world’s top 10 shipping nations, and accounts for close to 10 percent of global container shipping by volume. As such, Taiwan occupies a unique and important position in maritime strategy. For Taiwan, the ocean is more than just a basis for survival and development; it is also an important driver of national prosperity. In my inaugural address last year, I spoke of a threefold approach to further Taiwan’s development. One of these involves further developing our strengths as a maritime nation. Our government must actively help deepen our connections with the ocean, and must continue to promote green shipping, a sustainable fishing industry, marine renewable energy, and other forms of industrial transformation. It must also make use of marine technology and digital innovation to create a new paradigm that balances environmental, economic, and social inclusion concerns. This will help enhance Taiwan’s responsibilities and competitiveness as a maritime nation. Taiwan is surrounded by ocean, and our territorial waters are a natural protective barrier. However, continued gray-zone aggression from China creates serious threats and challenges to peace and stability in the Taiwan Strait. Our government continues to invest resources to deal with increasingly complex maritime security issues. In addition to building coast guard patrol vessels, we must also step up efforts to build underwater, surface, and airborne unmanned vehicles and smart reconnaissance equipment, so as to demonstrate Taiwan’s determination to defend democracy and freedom and commitment to maintaining peace and stability in the Taiwan Strait. Oceans are Taiwan’s roots, and provide the channels by which we engage with the world. The people of Taiwan will continue to work with democratic partners throughout the world in a maritime spirit of freedom and openness to contribute to ocean governance and jointly ensure maritime security. The TIOF was first launched in 2020, and has now become an important platform for enhancement of cooperation between Taiwan and other countries. I hope that our distinguished guests will reap great benefits at this year’s forum, and further hope that this visit will help forge stronger friendships between Taiwan and international maritime partners, so that all can work together to spur shared maritime prosperity and sustainable development for the next generation. Chairman of The Washington Times Thomas McDevitt, a member of the delegation, then delivered remarks, noting first that July 4th, this Friday, is Independence Day in America. Independence is a sacred, powerful word which has great meaning in this part of the world, he said. Chairman McDevitt indicated that Taiwan has truly become a global beacon of democracy and a key partner for many nations. He then quoted President Lai’s 2024 inaugural address: “We will work together to combat disinformation, strengthen democratic resilience, address challenges, and allow Taiwan to become the MVP of the democratic world.” Chairman McDevitt went on to say that he appreciated the president’s speech with regard to his philosophical depth, sensitivity, and both moral and political clarity. He said that he was deeply moved by the speech, but within a few days of it, China responded with military activities and many threats. The chairman then emphasized that we are in a civilization crisis. Chairman McDevitt mentioned that President Lai has begun a series of 10 lectures, and remarked that they would help the world to understand the identity and the nature of Taiwan, as well as the situation we are in in the world. On behalf of all the delegation, Chairman McDevitt thanked the president for his leadership in dealing with these issues thoughtfully. Chairman McDevitt concluded with a line from the Old Testament which states that if the people have no vision, they will perish. He said that he believes Taiwan’s president has led the people of Taiwan, and the world, with a vision of how to navigate this great civilization crisis together. The delegation also included Members of the Japanese House of Representatives Kikawada Hitoshi, Aoyama Yamato, and Genma Kentaro, and Member of Parliament of the United Kingdom Gavin Williamson.

    Details
    2025-06-30
    President Lai meets Minister of State at UK Department for Business and Trade Douglas Alexander  
    On the morning of June 30, President Lai Ching-te met with Douglas Alexander, Minister of State at the Department for Business and Trade of the United Kingdom. In remarks, President Lai thanked the UK government for its longstanding support for peace and stability across the Taiwan Strait, demonstrating that Taiwan and the UK share similar goals. Noting that two years ago, Taiwan and the UK signed an enhanced trade partnership (ETP) arrangement, the president said that today Taiwan and the UK have signed three pillars under the ETP, which will help promote bilateral economic and trade cooperation. He expressed hope of the UK publicly supporting Taiwan’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) so that together we can create an economic and trade landscape in the Indo-Pacific characterized by shared prosperity and development. A translation of President Lai’s remarks follows: First, on behalf of the people of Taiwan, I extend a warm welcome to Minister Alexander and wish a fruitful outcome for the 27th round of Taiwan-UK trade talks later today. Taiwan-UK relations have grown closer in recent years. We have not only continued to strengthen cooperation in such fields as offshore wind power, innovative technologies, and culture and education but also have established regular dialogue mechanisms in the critical areas of economics and trade, energy, and agriculture. The UK is currently Taiwan’s fourth-largest European trading partner, second-largest source of investment from Europe, and third-largest target for investment in Europe. Two years ago, Taiwan and the UK signed an ETP arrangement. This was particularly meaningful, as it was the first institutionalized economic and trade framework between Taiwan and a European country. Today, this arrangement is yielding further results. I am delighted that Taiwan and the UK have signed three pillars under the ETP covering investment, digital trade, and energy and net-zero. This will help promote bilateral economic and trade cooperation and advance industrial development on both sides. I also want to thank the UK government for its longstanding support for peace and stability across the Taiwan Strait. This month, the UK published its Strategic Defence Review 2025 and National Security Strategy 2025, which oppose any unilateral attempts to change the status quo across the Taiwan Strait. These not only demonstrate that Taiwan and the UK share similar goals but also show that security and prosperity in the Indo-Pacific region are inseparable from those of the transatlantic regions. In addition, last November, the House of Commons passed a motion which made clear that United Nations General Assembly (UNGA) Resolution 2758 neither established the sovereignty of the People’s Republic of China over Taiwan nor determined Taiwan’s status in the United Nations. The UK government also responded to the motion by publicly expressing for the first time its position on UNGA Resolution 2758, opposing any attempt to broaden the interpretation of the resolution to rewrite history. For this, on behalf of the people of Taiwan, I once again want to extend my deepest gratitude. Taiwan and the UK have the advantage of being highly complementary in the technology sector. In facing the restructuring of global supply chains and other international economic and trade developments, I believe that Taiwan and the UK are indispensable key partners for one another. I look forward to the UK publicly supporting Taiwan’s accession to the CPTPP so that together, we can create an economic and trade landscape in the Indo-Pacific characterized by shared prosperity and development. In closing, I wish Minister Alexander a pleasant and successful visit. And I hope he has the opportunity to visit Taiwan for personal travel in the future. Minister Alexander then delivered remarks, saying that it is a great personal honor to meet with everyone today to discuss further deepening the UK-Taiwan trade relationship and explore the many opportunities our two sides can pursue together. He mentioned that he traveled to Taiwan in 2022 when he was a private citizen, a visit he thoroughly enjoyed, so he is delighted to be back to see the strength of the UK-Taiwan relationship and the strengthening of that relationship. He said that relationship is built on mutual respect, democratic values, and a shared vision for open, resilient, and rules-based economic cooperation. As like-minded partners, he pointed out, our collaboration continues to grow across multiple sectors, and he is here today to further that momentum. Minister Alexander stated that on trade and investment, he is proud that this morning we signed the ETP Pillars on Investment, Digital Trade, Energy and Net Zero, which will provide a clear framework for our future cooperation and lay the foundation for expanded access and market-shaping engagement between our two economies. The minister said he believes that together with our annual trade talks, this partnership will help UK’s firms secure new commercial opportunities, improve regulatory alignment, and promote long-term investment in key growth areas, which in turn will also support Taiwan’s efforts to expand high-quality trade relationships with trusted partners. Minister Alexander said that President Lai’s promotion of the Five Trusted Industry Sectors and the UK’s recently published industrial and trade strategies are very well-aligned, as both cover clean energy and semiconductors as well as advanced manufacturing. He then provided an example, saying that both sides plan to invest in AI infrastructure and compute power-creating opportunities for great joint research in the future. By combining our strengths in these areas, he said, we can open the door to innovative collaboration and commercial success for both sides. He mentioned that yesterday he visited the Taiwan Space Agency, commenting that in sectors such as satellite technology, green energy, and cyber security, British expertise and trusted standards can provide meaningful solutions. Noting that President Lai spoke in his remarks of the broader challenge of peace and security in the region, Minister Alexander stated that the United Kingdom has, of course, also continued to affirm its commitment to peace and stability in the Taiwan Strait, along with its G7 partners. The UK-Taiwan relationship is strategic, enduring, and growing, he stated, and they reaffirm and remain firm in their longstanding position and confident in their ability to work together to support both prosperity and resilience in both of our societies. Minister Alexander said that, as Taiwan looks to diversify capital and build global partnerships, they believe the UK represents a strong and ambitious investment destination, particularly for Taiwanese companies at the very forefront of robotics, clean tech, and advanced industry. He pointed out that the UK’s markets are stable, open, and aligned with Taiwan’s vision of a high-tech, sustainable future, adding that he looks forward to our discussion on how we can further deepen our cooperation across all of these areas and more. The delegation also included Martin Kent, His Majesty’s Trade Commissioner for Asia Pacific at the UK Department for Business and Trade. The delegation was accompanied to the Presidential Office by British Office Taipei Representative Ruth Bradley-Jones.   

    Details
    2025-06-27
    President Lai confers decoration on former Japan-Taiwan Exchange Association Chairman Ohashi Mitsuo
    On the morning of June 27, President Lai Ching-te conferred the Order of Brilliant Star with Grand Cordon upon former Chairman of the Japan-Taiwan Exchange Association Ohashi Mitsuo in recognition of his firm convictions and tireless efforts in promoting Taiwan-Japan exchanges. In remarks, President Lai stated that Chairman Ohashi cares for Taiwan like a family member, and expressed hope that Taiwan and Japan continue to deepen their partnership, bring about the early signing of an economic partnership agreement (EPA), and jointly build secure and stable non-red supply chains as we boost the resilience and competitiveness of our economies and jointly safeguard the values of freedom and democracy. A translation of President Lai’s remarks follows: Every meeting I have with Chairman Ohashi, with whom I have worked side by side for many years, is warm and friendly. I recall that when we met last year, Chairman Ohashi said that he often thinks about what Japan can do for Taiwan and what Taiwan can do for Japan, and that it is that mutual concern that makes us so close. This was a truly moving statement illustrating the relationship between Taiwan and Japan. Chairman Ohashi has also said numerous times that our bilateral relations may very well be the best in the entire world, and that in fact they may serve as a model to other countries. Indeed, Chairman Ohashi is himself an exemplary model for friendly relations between Taiwan and Japan. His spirit of always working tirelessly to promote Taiwan-Japan exchanges is truly admirable. Assuming the position of chairman of the Japan-Taiwan Exchange Association in 2011, he served during the terms of former Presidents Ma Ying-jeou and Tsai Ing-wen, continuously making positive contributions to Taiwan-Japan relations. Over these past 14 years, Taiwan and Japan have signed over 50 major agreements, spanning the economy and trade, fisheries, and taxes, among other areas. In 2017, the Taiwan-Japan Relations Association and the Japan-Taiwan Exchange Association underwent name changes, strengthening the essence and significance of Taiwan-Japan relations. These great achievements were all made possible thanks to the firm convictions and tireless efforts of Chairman Ohashi. On behalf of the people of Taiwan, I am delighted to confer upon Chairman Ohashi the Order of Brilliant Star with Grand Cordon to express our deepest thanks for his outstanding contributions. Chairman Ohashi is not just a good friend of Taiwan, but someone who cares for Taiwan like a family member. When a major earthquake struck in 2016, he personally went to Tainan to assess the situation and meet with the city government. This outpouring of friendship and support across borders was deeply moving. As we look to the future, I hope that Taiwan and Japan can continue to deepen our partnership. In addition to bringing about the early signing of an EPA, I also hope that we can expand collaboration in key areas such as semiconductors, energy, and AI, continue building secure and stable non-red supply chains, and boost the resilience and competitiveness of our economies as well as peace and stability in the Indo-Pacific. As Chairman Ohashi has said, the close bilateral relationship between Taiwan and Japan is one the world can be proud of. I would like to thank him once again for his contributions to deepening Taiwan-Japan ties. Taiwan will continue to forge ahead side by side with Japan, jointly safeguarding the values of freedom and democracy and mutually advancing prosperous development. I wish Chairman Ohashi good health, happiness, peace, and success in his future endeavors, and invite him to return to Taiwan often to visit old friends. Chairman Ohashi then delivered remarks, first thanking President Lai for his kind words. He stated that the Taiwan-Japan relationship is not only worthy of praise; it can also serve as a superb model in the world for bilateral relations that is worthy of study by other countries. He added that this is the result of the collective efforts of President Lai as well as many other individuals. Chairman Ohashi said that the current international situation is rather severe, with wars and conflicts occurring between many neighboring countries. He said that there is a growing trend of nuclear weapon proliferation, emphasizing that use of such weapons would cause significant harm between nations. He also pointed out that some countries even use nuclear weapons as a threat, leading to instability and impacting the global situation. Chairman Ohashi said that neither Taiwan nor Japan possesses nuclear weapons, which is something to be proud of. That is why, he said, we can declare that a world without nuclear weapons is a peaceful world. He also mentioned that during his tenure as chairman of the Japan-Taiwan Exchange Association, he consistently upheld this principle in his work. Chairman Ohashi said that the mission of the World Federalist Movement (WFM) is to promote world peace. He said that the WFM has branches in countries worldwide, with the WFM of Japan being one of the most prominent, and that it also aspires to achieve the goal of world peace. Having served as chairman of the Japan-Taiwan Exchange Association for 14 years, he said, he is now stepping down from this role and will serve as the chairman of the WFM of Japan, aiming to promote peace in countries around the world. Chairman Ohashi said that both Taiwan and Japan can take pride in our friendly bilateral relationship, emphasizing that if the good relationship between Japan and Taiwan could be offered as an example to countries around the world, there would be no more wars. He expressed his sincere hope that under President Lai’s leadership, Taiwan and Japan can work together to jointly promote world peace. Also in attendance at the ceremony was Japan-Taiwan Exchange Association Taipei Office Chief Representative Katayama Kazuyuki.

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

    MIL OSI Asia Pacific News

  • MIL-OSI Africa: Democratic Republic of the Congo (DRC) Hydrocarbons Ministry to Lead High-Level Delegation at United States (U.S.)-Africa Energy Forum (USAEF) 2025

    Source: APO

    The Democratic Republic of the Congo (DRC) is intensifying its focus on upstream development and strategic U.S. partnerships ahead of the U.S.-Africa Energy Forum (USAEF) 2025 (www.USAfricaEnergy.com) taking place on August 6-7 in Houston. Leading the effort is a senior delegation from the Ministry of Hydrocarbons, delivering a clear message: the DRC is open for investment, with exploration and downstream development as top priorities. 

    As part of its hydrocarbons roadmap, the DRC is seeking partners to bring capital, technology, and expertise into its exploration efforts, with a focus on high-potential onshore and offshore blocks. Many of these basins – including the Cuvette Centrale and Coastal regions – remain underexplored. While the DRC currently produces around 18,000 barrels per day (bpd), the Ministry of Hydrocarbons is targeting a major production scale-up to 300,000 bpd. This growth is expected to be driven by new offshore discoveries and a forthcoming petroleum code designed to clarify investor terms and enable joint development ventures. 

    The Ministry is also seeking to engage U.S.-based downstream and petrochemicals companies as part of a broader push to expand value-added processing and strengthen domestic energy infrastructure. USAEF 2025 offers a key platform for direct dialogue with U.S. investors, paving the way for new deals, technical partnerships and cross-regional energy trade. Current initiatives include the development of a new oil terminal in Goma to stabilize fuel supply in the east, along with upgrades to fuel storage and distribution networks nationwide. These projects create strong opportunities for U.S. engineering, technology and EPC firms to support infrastructure modernization, modular refining and local capacity-building. 

    Under efforts to foster new technical partnerships and attract capital investment, the Ministry will hold meetings at USAEF 2025 with upstream operators, seismic and drilling service providers, and petrochemical firms interested in entering or expanding in the Congolese market. The DRC is positioning itself as a strategic partner for American energy companies seeking access to a frontier market with significant geological potential, a reform-minded government and growing regional demand for refined products and petrochemicals. 

    For tickets, sponsorship opportunities and more information, please contact sales@energycapitalpower.com or visit www.USAfricaEnergy.com. Join us in Houston to connect with the leaders shaping Africa’s energy landscape and experience the momentum that drives ECP’s events worldwide. 

    Distributed by APO Group on behalf of Energy Capital & Power.

    Media files

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    MIL OSI Africa

  • MIL-OSI: ReconAfrica Provides a Corporate Operational Update

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, July 22, 2025 (GLOBE NEWSWIRE) — Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) provides an operational update on the Kavango West 1X exploration prospect and announces the resignation of Iman Hill as a Corporate Director of the Company effective July 31, 2025.

    Kavango West 1X (Prospect I) – Spud scheduled before end of July

    The drilling rig has been safely moved on-site and all necessary permits required to spud the well have been received by the Company from the various regulators. Final drill-rig assembly and safety checks are underway and the Kavango West 1X exploration well is scheduled to spud before the end of July. The well is planned to reach total depth (TD) of approximately 3,800 metres (12,500 feet) and is expected to penetrate over 1,500 metres of Otavi carbonate reservoir section, which is the primary target of the Damara Fold Belt play.

    The Kavango West 1X exploration well will be the second test in the expansive Damara Fold Belt play. The prospect is a large structural fold identified on modern 2D seismic data, which extends over 22 kilometers long by three kilometers wide. The Company has identified over 19 prospects and leads mapped in the Damara Fold Belt trend, with an additional 5.0 million acres captured in a recently executed Memorandum of Understanding in offsetting Angola.

    Brian Reinsborough, President and CEO of ReconAfrica stated: “Everyone at the Company has worked diligently to get drill-ready on the Kavango West 1X prospect and we are excited to spud the well in the coming days. We recognize the importance of this play opening well holds for our shareholders, the local communities in which we operate and the broader energy industry in Namibia. We are committed to remaining engaged with local communities and authorities and to ensuring the safe and efficient operation of this well.”

    Board of Directors Update

    Iman Hill, who was appointed a Director of ReconAfrica in August 2023, has resigned from the Board of Directors effective July 31, 2025, due to foreign work obligations. Following Iman’s resignation, the Board of Directors will consist of five members, three of whom are independent directors. Currently, the Board of Directors intends to remain at five seats.

    Diana McQueen, Board Chair of ReconAfrica commented: “We thank Iman for her work and guidance over the past two years and wish her well in her future endeavors.

    With respect to the Kavango West 1X well, ReconAfrica wishes to thank all community and regulatory stakeholders in Namibia for working with the Company to bring the well to the current drill-ready stage. ReconAfrica remains engaged with its stakeholders and is focused on operations that are safe for all employees and neighbouring communities, as well as wildlife and the environment.”

    About ReconAfrica

    ReconAfrica is a Canadian oil and gas company engaged in the exploration of the Damara Fold Belt and Kavango Rift Basin in the Kalahari Desert of northeastern Namibia, southeastern Angola and northwestern Botswana, where the Company holds petroleum licences comprising ~13 million contiguous acres. In all aspects of its operations, ReconAfrica is committed to minimal disturbance of habitat in line with international standards and implementing environmental and social best practices in its project areas.

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

    For further information contact:
    Brian Reinsborough, President and Chief Executive Officer
    Mark Friesen, Managing Director, Investor Relations & Capital Markets

    IR Inquiries Email: investors@reconafrica.com

    Media Inquiries Email: media@reconafrica.com

    Tel: +1-877-631-1160

    Cautionary Note Regarding Forward-Looking Statements:

    Certain statements contained in this press release constitute forward-looking information under applicable Canadian, United States and other applicable securities laws, rules and regulations, including, without limitation, statements with respect to the expected including timing of spud of the Kavango West 1X well, the well being drilled to a planned total depth of approximately 3,800 metres (12,500 feet), timing to reach total depth of the well and the Company’s commitment to minimal disturbance of habitat, in line with best international standards and its implementation of environmental and social best practices in its project areas. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on ReconAfrica’s current belief or assumptions as to the outcome and timing of such future events. There can be no assurance that such statements will prove to be accurate, as the Company’s actual results and future events could differ materially from those anticipated in these forward-looking statements as a result of the factors discussed in the “Risk Factors” section in the Company’s annual information form (“AIF”) dated April 29, 2025 for the financial period ended December 31, 2024, available under the Company’s profile at www.sedarplus.ca. Actual future results may differ materially. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to ReconAfrica. The forward-looking information contained in this release is made as of the date hereof and ReconAfrica undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

    The MIL Network

  • MIL-OSI United Kingdom: UKAEA develops 3D printing for fusion components

    Source: United Kingdom – Government Statements

    Press release

    UKAEA develops 3D printing for fusion components

    UKAEA’s new additive manufacturing – also known as 3D printing – machines offer new opportunities to produce highly specialised components for fusion machines.

    Freemelt (left) and Nikon SLM (right) teams at Central Support Facility launch event with UKAEA’s Roy Marshall (centre) – Image Credit: United Kingdom Atomic Energy Authority

    The United Kingdom Atomic Energy Authority (UKAEA) has begun using two additive manufacturing – or 3D printing – machines that use complementary methods to manufacture components for future fusion machines.

    At its recently opened Central Support Facility (CSF), UKAEA has commissioned an electron beam additive manufacturing machine that will mainly be used to incorporate tungsten into components, alongside a selective laser manufacturing machine.

    Fusion can play a key role in a global low carbon energy future. However, the components within future fusion power plants will have to operate under complex and challenging conditions, including extreme temperatures, high neutron loads, and strong magnetic fields. As a result, they require complex combinations of materials and precision engineering.

    Additive manufacturing is well suited to producing materials with intricate designs, and in low volumes, making it ideal for a sector such as fusion, where – for the near future – each fusion machine will be highly individual and require bespoke components. As a result, UKAEA believes that 3D printing can play an important role in the future of fusion reducing the costs of this precision manufacturing, and has commissioned the machines to demonstrate two complementary 3D printing methods to produce fusion components.

    The eMELT Electron Beam Powder Bed Fusion (E-PBF) additive machine, made by Freemelt, will use electron beam technology to join tungsten in powder-form into solid components with almost 100 percent density. The eMELTmachine will be used to layer tungsten onto other materials such as copper chrome zirconium, stainless steel and Eurofer 97, a special type of steel developed for use in fusion machines.

    The SLM280 – Selective Laser Manufacturing – will be used to experiment with how to produce components with the complex geometries and material combinations that will be essential for successful fusion plants. The SLM280 is manufactured by Nikon SLM, provided by Kingsbury Machine Tools, supported by Additure.

    Both 3D printing technologies will support the manufacture of plasma-facing components that will be exposed to extreme temperatures during their operational lifecycle. The machines will also reduce the reliance on traditional techniques such as welding, reducing the number of manufacturing operations and joining processes.

    Roy Marshall, Head of Operations for Fabrication, Installation and Maintenance, at UKAEA said:

    Future fusion power plants will require thousands – or even millions – of components with complex geometries that can withstand the extreme conditions of a fusion environment.

    UKAEA believes that additive manufacturing will be essential to developing these components at a scale that makes fusion commercially viable.

    We have commissioned two complementary additive manufacturing machines so we can demonstrate that fusion components can be printed at a production scale, enabling the fusion industry to develop components at our facilities that would otherwise be commercially prohibitive.

    Using these machines will enable parts and geometries to be produced more efficiently than by using traditional fabrication methods.

    Many companies will have either an electron beam machine or selective laser manufacturing technology but having both capabilities under one roof – and able to produce components at scale – is a first for the fusion industry.

    Viktor Valk, Regional Manager, EMEA at Freemelt said:

    We are honoured to support UKAEA in their important work to advance fusion energy as a commercially viable energy source. The use of Freemelt’s industrial machine eMELT to produce tungsten plasma-facing components exposed to extreme conditions in fusion energy machines, marks an important step in applying our E-PBF technology to fusion energy development.

    Christoph Barefoot, Regional Business Director UK & Nordics, Nikon SLM Solutions, said:

    Fusion represents the future of energy – but it can only be realized through bold innovation and trusted collaboration. At Nikon SLM Solutions, we are proud to support UKAEA’s mission with our industry-leading Selective Laser Melting technology, helping make complex, high-performance fusion components not just possible, but scalable. With this milestone, we move one step closer to commercial fusion – and a more sustainable tomorrow.

    The CSF brings together this technology with purpose-built workshops into one building – alongside UKAEA’s Manufacturing Support Team and Special Techniques Group – to enable collaboration between manufacturing teams and to support fusion research and development. UKAEA is now working to prepare commercial partners for the large scale production that is essential for the fusion energy plants of the future.

    Both machines will now start the work of producing challenging geometries and undertake experiments exploring the properties of additive manufactured materials. This work will be followed by initial stages of manufacturing involving tungsten and copper chrome zirconium layering.

    Updates to this page

    Published 22 July 2025

    MIL OSI United Kingdom

  • MIL-OSI Russia: Gas supply systems in 467 Moscow homes to be updated under capital repairs program

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    An important disclaimer is at the bottom of this article.

    Specialists from the capital’s municipal services complex will update in-house gas supply systems in 467 apartment buildings. The work will be carried out within the framework of capital repair programsThis was reported by the Deputy Mayor of Moscow for Housing and Public Utilities and Improvement Petr Biryukov.

    “The capital’s capital repair program is one of the most significant housing modernization projects not only in Russia, but also in the world. We are carrying out work to update not only the exterior of the building: the facade, roof and entrance group, but also the engineering systems. During the program’s implementation, we have completed capital repairs of in-house gas supply systems in 2,343 apartment buildings. This year, work is planned for another 467, and it has already been completed at 301 facilities,” noted Pyotr Biryukov.

    Timely repair of equipment is important for its safe operation and organization of uninterrupted gas supply. In their work, specialists use modern technical solutions. For example, they use ball valves with three degrees of protection against accidental opening. They limit the flow of gas in case of equipment failure and temperature exposure. In addition, flexible gas piping made of stainless steel with PVC coating and a dielectric insert are installed in houses. This is done to protect against external influences and to eliminate an emergency situation when stray currents appear.

    Gas risers inside an apartment building are common property, so apartment owners must promptly provide specialists with access to the work sites.

    According to current regulations, the service life of an in-house gas pipeline is 30 years. After this time, the equipment wears out and requires replacement.

    The regional program for capital repairs of housing stock being implemented in the capital corresponds to the goals and objectives of the national project “Infrastructure for life”.

    What to look for when renting an apartment with gas equipment

    Get the latest news quickly official telegram channelthe city of Moscow.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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    MIL OSI Russia News

  • MIL-OSI: NBPE – Net Asset Value(s)

    Source: GlobeNewswire (MIL-OSI)

    THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE UNITED STATES, OR TO ANY NATIONAL OF SUCH JURISDICTIONS

    NBPE Announces June Monthly NAV Estimate

    St, Peter Port, Guernsey, 22 July 2025

    NB Private Equity Partners (NBPE), the $1.2bn1, FTSE 250, listed private equity investment company managed by Neuberger Berman, today announces its 30 June 2025 monthly NAV estimate.

    NAV Highlights (30 June 2025)

    • NAV per share was $27.42 (£20.01), a total return of 0.5% in the month
    • Total realisations of $68 million and $8 million of follow-on investments in the first half of 2025
    • $284 million of available liquidity at 30 June 2025
    • ~51k shares repurchased (~$1 million) during June 2025 at a weighted average discount of 30% which was accretive to NAV by ~$0.01 per share. Year-to-date, NBPE has repurchased ~759k shares (~$15 million) at a weighted average discount of 29% which was accretive to NAV by ~$0.11 per share
    As of 30 June 2025 Year to Date One Year 3 years 5 years 10 years
    NAV TR (USD)*
    Annualised
    1.3% 3.6% 5.8%
    1.9%
    76.1%
    12.0%
    158.3%
    10.0%
    MSCI World TR (USD)*
    Annualised
    9.3% 16.8% 68.0%
    18.9%
    101.9%
    15.1%
    189.9%
    11.2%
               
    Share price TR (GBP)*
    Annualised
    (7.6%) (6.9%) 10.4%
    3.3%
    91.6%
    13.9%
    185.1%
    11.0%
    FTSE All-Share TR (GBP)*
    Annualised
    9.1% 11.2% 35.5%
    10.7%
    67.3%
    10.8%
    92.7%
    6.8%

    * All NBPE performance figures assume re-investment of dividends on the ex-dividend date and reflect cumulative returns over the relevant time periods shown. Three-year, five-year and ten-year annualised returns are presented for USD NAV, MSCI World (USD), GBP Share Price and FTSE All-Share (GBP) Total Returns.

    Portfolio Update to 30 June 2025

    NAV performance during the month driven by:

    • 0.7% NAV increase ($9 million) from changes in FX rates
    • 0.1% NAV increase ($1 million) attributable to changes in prices of quoted holdings (which now constitute 6% of portfolio fair value)
    • Immaterial impact on NAV from additional private valuation information received during the month
    • 0.2% NAV decrease ($3 million) attributable to expense accruals

    $68 million of realisations in the first half of 2025

    • Of the $68 million received during the first half, over three-quarters of the proceeds are from full and partial sales / exits of private holdings; remaining realisations consisted of proceeds from the sales of quoted holdings and other partial realisations

    $284 million of total liquidity at 30 June 2025

    • $74 million of cash and liquid investments with $210 million of undrawn credit line available

    2025 Share Buybacks

    • ~51k shares repurchased in June 2025 at a weighted average discount of 30%; buybacks were accretive to NAV by ~$0.01 per share
    • Year-to-date, NBPE has repurchased ~759k shares at a weighted average discount of 29% which were accretive to NAV by ~$0.11 per share

    Portfolio Valuation

    The fair value of NBPE’s portfolio as of 30 June 2025 was based on the following information:

    • 6% of the portfolio was valued as of 30 June 2025
      • 6% in public securities
    • 94% of the portfolio was valued as of 31 March 2025
      • 94% in private direct investments

    For further information, please contact:

    NBPE Investor Relations        +44 (0) 20 3214 9002
    Luke Mason        NBPrivateMarketsIR@nb.com  

    Kaso Legg Communications        +44 (0)20 3882 6644

    Charles Gorman        nbpe@kl-communications.com
    Luke Dampier
    Charlotte Francis

    Supplementary Information (as at 30 June 2025)

    Company Name Vintage Lead Sponsor Sector Fair Value ($m) % of FV
    Action 2020 3i Consumer 86.6 6.9%
    Osaic 2019 Reverence Capital Financial Services 63.4 5.0%
    Solenis 2021 Platinum Equity Industrials 59.8 4.7%
    BeyondTrust 2018 Francisco Partners Technology / IT 47.7 3.8%
    Monroe Engineering 2021 AEA Investors Industrials 44.7 3.5%
    Business Services Company* 2017 Not Disclosed Business Services 40.2 3.2%
    Branded Cities Network 2017 Shamrock Capital Communications / Media 37.3 3.0%
    True Potential 2022 Cinven Financial Services 35.6 2.8%
    Mariner 2024 Leonard Green & Partners Financial Services 33.7 2.7%
    FDH Aero 2024 Audax Group Industrials 32.9 2.6%
    Marquee Brands 2014 Neuberger Berman Consumer 31.6 2.5%
    GFL (NYSE: GFL) 2018 BC Partners Business Services 30.5 2.4%
    Auctane 2021 Thoma Bravo Technology / IT 29.1 2.3%
    Fortna 2017 THL Industrials 28.7 2.3%
    Staples 2017 Sycamore Partners Business Services 27.7 2.2%
    Viant 2018 JLL Partners Healthcare 27.3 2.2%
    Engineering 2020 NB Renaissance / Bain Capital Technology / IT 27.2 2.2%
    Stubhub 2020 Neuberger Berman Consumer 26.4 2.1%
    Agiliti 2019 THL Healthcare 25.3 2.0%
    Kroll 2020 Further Global / Stone Point Financial Services 25.0 2.0%
    Benecon 2024 TA Associates Healthcare 24.7 2.0%
    Solace Systems 2016 Bridge Growth Partners Technology / IT 24.6 1.9%
    Excelitas 2022 AEA Investors Industrials 24.1 1.9%
    Exact 2019 KKR Technology / IT 24.0 1.9%
    Constellation Automotive 2019 TDR Capital Business Services 21.4 1.7%
    CH Guenther 2021 Pritzker Private Capital Consumer 21.2 1.7%
    Tendam 2017 PAI Consumer 20.0 1.6%
    Addison Group 2021 Trilantic Capital Partners Business Services 19.9 1.6%
    Bylight 2017 Sagewind Partners Technology / IT 19.9 1.6%
    Real Page 2021 Thoma Bravo Technology / IT 18.8 1.5%
    Total Top 30 Investments                              $979.2 77.5%

    *Undisclosed company due to confidentiality provisions.

    Geography % of Portfolio
    North America 76%
    Europe 23%
    Asia / Rest of World 1%
    Total Portfolio 100%
       
    Industry % of Portfolio
    Tech, Media & Telecom 23%
    Consumer / E-commerce 22%
    Industrials / Industrial Technology 17%
    Financial Services 14%
    Business Services 11%
    Healthcare 8%
    Other 3%
    Energy 1%
    Total Portfolio 100%
       
    Vintage Year % of Portfolio
    2016 & Earlier 10%
    2017 16%
    2018 13%
    2019 13%
    2020 14%
    2021 18%
    2022 6%
    2023 2%
    2024 8%
    Total Portfolio 100%

    About NB Private Equity Partners Limited
    NBPE invests in direct private equity investments alongside market leading private equity firms globally. NB Alternatives Advisers LLC (the “Investment Manager”), an indirect wholly owned subsidiary of Neuberger Berman Group LLC, is responsible for sourcing, execution and management of NBPE. The vast majority of direct investments are made with no management fee / no carried interest payable to third-party GPs, offering greater fee efficiency than other listed private equity companies. NBPE seeks capital appreciation through growth in net asset value over time while paying a bi-annual dividend.

    LEI number: 213800UJH93NH8IOFQ77

    About Neuberger Berman
    Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with over 2,800 employees in 26 countries. The firm manages $538 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger’s investment philosophy is founded on active management, fundamental research and engaged ownership. The firm has been named by Pensions & Investments as the #1 or #2 Best Place to Work in Money Management for each of the last eleven years (firms with more than 1,000 employees). Visit www.nb.com for more information, including www.nb.com/disclosure-global-communications for information on awards. Data as of June 30, 2025, unless stated otherwise.

    This press release appears as a matter of record only and does not constitute an offer to sell or a solicitation of an offer to purchase any security.

    NBPE is established as a closed-end investment company domiciled in Guernsey. NBPE has received the necessary consent of the Guernsey Financial Services Commission. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results. This document is not intended to constitute legal, tax or accounting advice or investment recommendations. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision. Statements contained in this document that are not historical facts are based on current expectations, estimates, projections, opinions and beliefs of NBPE’s investment manager. Such statements involve known and unknown risks, uncertainties and other factors, and undue reliance should not be placed thereon. Additionally, this document contains “forward-looking statements.” Actual events or results or the actual performance of NBPE may differ materially from those reflected or contemplated in such targets or forward-looking statements.


    1Based on net asset value.

    Attachment

    The MIL Network

  • MIL-OSI United Kingdom: Sizewell C gets green light with final investment decision

    Source: United Kingdom – Executive Government & Departments

    Press release

    Sizewell C gets green light with final investment decision

    Government agrees final investment decision to give Sizewell C nuclear plant the go-ahead.

    • Energy Secretary signs off on multi-billion-pound deal for Sizewell C, that will deliver clean power for the equivalent of six million homes and support 10,000 jobs at peak construction. 

    • Government secures deal that will see Sizewell deliver electricity system savings of £2 billion a year on average once operational. 

    • The government will become the largest shareholder, alongside private investors EDF, Centrica, La Caisse and Amber Infrastructure. 

    •  Project will be built for around 20 per cent less than virtual replica Hinkley Point C, as part of the government’s Plan for Change to kick-start economic growth and protect family finances.

    Millions of working people will benefit from cheaper clean power, as the government agrees a landmark, multi-billion-pound deal to build Sizewell C – a major step forward in the delivery of a new ‘golden age’ of nuclear under the government’s Plan for Change. 

    The Energy Secretary has today (22 July) signed the final investment decision for Sizewell C, which will deliver clean power for the equivalent of six million homes and support 10,000 jobs once operational. The deal represents the country’s most significant public investment in clean, homegrown energy this century – in a major boost for energy security, jobs and economic growth.  

    The deal ends an era of dithering and delay to give Sizewell C the go-ahead, that will help secure Britain’s home-grown nuclear supply far beyond 2030. It marks a major step in the government’s clean energy superpower mission, which is about replacing the UK’s dependence on fossil fuel markets with clean homegrown power that the country controls, to bring down bills for good and protect family finances. 

    The plant will deliver cheaper clean electricity for generations of families for at least six decades. Analysis shows the project could create savings of £2 billion a year across the future low-carbon electricity system once operational – leading to cheaper power for consumers. 

    The project will also help to kick-start economic growth and get Britain building. At peak construction, Sizewell C will support 10,000 jobs directly employed in the project, and thousands more in the nationwide supply chain, as well as creating 1,500 apprenticeships. Seventy per cent of the value of construction is set to be awarded to British businesses – Sizewell C Ltd anticipates it will have 3,500 UK companies in its supply chain across the entire country.   

    Energy Secretary Ed Miliband said:

    It is time to do big things and build big projects in this country again- and today we announce an investment that will provide clean, homegrown power to millions of homes for generations to come. 

    This government is making the investment needed to deliver a new golden age of nuclear, so we can end delays and free us from the ravages of the global fossil fuel markets to bring bills down for good.

    The government has confirmed it will take an initial 44.9 per cent stake to become the single biggest equity shareholder in the project – meaning the British people will benefit from the government’s investment.  

    The new Sizewell C shareholders include La Caisse with 20 per cent, Centrica with 15 per cent, and Amber Infrastructure with an initial 7.6 per cent. This comes alongside French energy giant EDF taking a 12.5 per cent take in the project, set out earlier this month, as well as a proposed £5 billion debt guarantee from France’s export credit agency, Bpifrance Assurance Export, to back the company’s commercial bank loans.  

    Alongside this investment, the National Wealth Fund – the government’s principal investor and policy bank – is making its first investment in nuclear energy. It will provide the majority of the project’s debt finance, working alongside Bpifrance Assurance Export, to help support the building of the power plant. 

    Chancellor of the Exchequer Rachel Reeves said:

    La Caisse, Centrica and Amber’s multi-billion pound investment is a powerful endorsement of the UK as the best place to do business and as a global hub for nuclear energy. 

    Delivering next generation, publicly-owned clean power is vital to our energy security and growth, which is why we backed Sizewell C.  This investment will create thousands of good quality jobs and boost the local economy as we deliver on our Plan for Change.

    Julia Pyke and Nigel Cann, Joint Managing Directors of Sizewell C, said:

    We’re delighted to welcome new investors alongside Government and EDF who, like our suppliers, have strong incentives to keep costs under control and ensure we deliver Sizewell C successfully for consumers and taxpayers 

    By investing in Sizewell C, they are laying the foundations for a more secure, cleaner and more affordable energy system. Because 70% of our construction spend will be in the UK, with a £4.4bn commitment to the east of England, they will also help to create thousands of great jobs and new opportunities for people and businesses up and down the country.  

    We are determined to deliver this major infrastructure differently, and to make sure this is a project Britain can be proud of.

    The investment deal builds on lessons learnt from the construction of Hinkley Point C to provide a funding model that spreads the around £38 billion cost of constructing Sizewell C between consumers, taxpayers and private investors. This represents a saving of around 20 per cent compared with Hinkley Point C and demonstrates the value of building a virtual replica project. 

    For the first time, the British people will be co-owners of a nuclear power plant alongside experienced private sector partners – with consumers to benefit from the government’s investment. This will ensure the impact on consumer bills is limited to an average of around £1 per month over the duration of Sizewell C’s construction, with the nuclear plant to deliver cheaper clean power for decades to come once operational. 

    Despite the UK’s strong nuclear legacy, including opening the world’s first commercial nuclear power station in the 1950s, no new nuclear plant has opened in the UK since 1995, with all of the existing fleet except Sizewell B likely to be phased out by the early 2030s.   

    Sizewell C was one of eight sites identified in 2009 by then-Energy Secretary Ed Miliband as a potential site for new nuclear. However, the project was not fully funded in the 14 years that followed under subsequent governments.   

    The government’s nuclear programme is now the most ambitious for a generation. Once small modular reactors and Sizewell C come online in the 2030s, combined with Hinkley Point C, this will deliver more new nuclear to the grid than over the previous half century combined. 

    Recently, the government also set out next steps for small modular reactors in the UK and last month selected Rolls-Royce SMR as the preferred bidder to build first reactors of this kind in the country. Following this, the Prime Minister signed a new agreement with Czech Prime Minister Fiala last week that will see the two countries work more closely on small modular reactors to seize export opportunities and support high-skilled jobs. 

    John Flint, National Wealth Fund CEO, said:

    Nuclear energy is a key component on the path to deliver the Government’s growth and clean energy missions, and our financing for Sizewell C will help provide decades of clean, reliable electricity for millions of homes across the country.  

    We have a critical role to play in solving financing problems across a broad waterfront of relevant sectors and Treasury has recognised that today by providing the NWF with additional capital required to enable our lending to Sizewell C. As the government’s flagship investor and policy bank, it is a privilege to be able to play such a significant role in a project of such national importance.

    Gavin Tait, Chief Executive Officer, Amber Infrastructure Group, a Boyd Watterson Global Company, investment adviser to International Public Partnerships Limited, said: 

    We have worked in partnership with the UK Government to adapt the way a construction project of Sizewell C’s scale and importance can be financed to attract the long-term investment of institutional investors and retail savers. INPP has helped finance new infrastructure in the UK since 2006, and Sizewell C is a landmark example of how the public and private sectors can invest together to strengthen national energy security and support future economic growth.

    Chris O’Shea, Centrica Group Chief Executive, said:

    The UK needs more reliable, affordable, zero carbon electricity, and Sizewell C will be critical to supporting the country’s energy system for many decades to come. That’s why I’m delighted to be announcing this milestone investment which will see Centrica commit £1.3 billion for a 15% equity stake in the project, and deepens our long-standing involvement in the UK nuclear industry. This isn’t just an investment in a new power station – it’s an investment in Britain’s energy independence, our net zero journey, and thousands of high-quality jobs across the country. 

    Sizewell C is a compelling investment for our shareholders and the country as a whole, and I look forward to working with our world-class partners, EDF, La Caisse, Amber Infrastructure Group and the UK government, to make the project a great success.

    Simone Rossi, CEO of EDF in the UK said:

    EDF welcomes the government’s announcement that it has delivered on its commitment to take a final investment decision on the Sizewell C project.  

    Alongside Hinkley Point C, the project will help drive economic growth, strengthen energy security and lower bills over the long term. 

    The confirmation of the private investment is very positive and reflects the growing attraction of the role of nuclear power in the energy transition. It could also pave the way for the financing of future large nuclear projects in the UK.

    Emmanuel Jaclot, Executive Vice-President and Head of Infrastructure at La Caisse said:

    Our commitment to invest in Sizewell C reflects La Caisse’s constructive capital approach, working to deliver optimal financial performance for our clients alongside broader economic and societal progress.  

    La Caisse has a strong track record of bringing private sector expertise alongside governments and industrial players to invest in complex, regulated infrastructure where value-for-money for consumers is key. Sizewell C is a positive development for UK consumers, as it is expected to provide long-term reliable baseload power and low carbon energy to more than 6 million homes across the UK, while contributing to the creation of 10,000 new jobs at peak construction and thousands more in the nationwide supply chain.  

    We’re proud to support the UK Government in delivering this landmark project, advancing the country’s energy security and economic growth ambitions. Our investment demonstrates our confidence in the UK market – our largest destination outside North America – and aligns with our commitment to the energy transition and decarbonization, enabled by our long-term capital and active ownership.

    Ofgem CEO Jonathan Brearley said:

    Ofgem welcomes the government’s decision to move forwards with the Sizewell C project. New nuclear power stations such as this have a key role to play in enhancing Great Britain’s energy security with reliable domestically generated clean power.  

    Ofgem has been working closely with the government to develop the new regulatory framework to help drive investment in nuclear energy and deliver the best deal for consumers.

    Neil McDermott, Chief Executive of LCCC, said:

    Sizewell C is a pivotal project in the transition to a clean, secure energy system. It will deliver reliable low carbon power for decades to come, while supporting jobs and investment across the country. 

    LCCC is proud to support this milestone through its role as the revenue collection counterparty. Our independent role ensures funds are managed fairly and transparently, protecting value for consumers and enabling long-term investor confidence in low carbon infrastructure.

    Notes to editors:

    • Sizewell C has already signed £330 million in contracts with local companies and will boost supply chains across the UK with 70% of contracts predicted to go to 3,500 British suppliers – supporting new jobs in construction, welding, and hospitality.  

    • The government has published a subsidy scheme for the Final Investment Decision in Sizewell C. This scheme covers the government’s equity and debt investment in the project, as well as the value of consumer levies from the RAB delivery model – a Government Support Package to protect investors from high-impact low-probability risks, and other guarantees.  

    • The Sizewell C project is consolidated to the government’s balance sheet, meaning that all investment from the government and new investors is on the balance sheet.  

    • The total equity and debt finance made available exceeds the target construction cost of around £38 billion (2024 prices), this acts as a safeguard for taxpayers in case of overruns and is standard for a project of this size and complexity.  The project supply chain is strongly incentivised to keep costs down and investors will lose potential revenue if there are overruns, reducing risk for taxpayers. 

    • According to our Value for Money assessment SZC could reduce the cost of a low-carbon electricity system by around £2 billion per year on average, once operational.  

    • Urenco recently confirmed a 15-year deal with EDF to produce fuel for nuclear power stations. The multi-billion-euro contract, with significant value for the UK, will support Urenco UK’s workforce of more than 1,400 people and support the company’s important contribution to UK economic growth, which represented more than £256 million in 2023.  

    • French engineering company Assystem has also set out plans to double its nuclear workforce in the UK, creating 1,000 new engineering, digital and management jobs by 2030 across 10 UK sites, including in Sunderland, Blackburn, Derby, Bristol and London. 

    • The government is providing the National Wealth Fund with additional capital to facilitate this lending to Sizewell C, separate to the existing £27.8bn which will continue to be invested across the NWF’s priority sectors. For National Wealth Fund queries, please contact press@nationalwealthfund.org.uk

    Updates to this page

    Published 22 July 2025

    MIL OSI United Kingdom

  • MIL-OSI China: China’s power use up 5.4% in June

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

    This photo taken on July 5, 2025 shows power lines of the Changji-Guquan ±1100 kV ultra-high voltage direct current power transmission project in the Kazak Autonomous County of Mori, northwest China’s Xinjiang Uygur Autonomous Region. [Photo/Xinhua]

    China’s electricity consumption, a key barometer of economic activity, saw steady expansion in June, official data showed on Monday.

    Power use rose 5.4 percent year on year in June to 867 billion kilowatt-hours, according to the National Energy Administration (NEA).

    In June, power consumed by the primary and secondary industries rose 4.9 percent and 3.2 percent year on year to 13.3 billion kilowatt-hours and 548.8 billion kilowatt-hours, respectively, and power consumed by the tertiary sector increased 9 percent year on year to 175.8 billion kilowatt-hours.

    The electricity consumption of the country’s residents last month totaled 129.1 billion kilowatt-hours — a year-on-year increase of 10.8 percent.

    From January to June, China’s total power use climbed 3.7 percent year on year to over 4.84 trillion kilowatt-hours.

    In recent days, many regions across the country have been experiencing high temperatures. As a result, China’s electricity consumption reached a historic high on July 16, with the national peak load hitting 1.506 billion kilowatts, the first time it has ever exceeded 1.5 billion kilowatts, the NEA data showed.

    MIL OSI China News

  • MIL-Evening Report: ER Report: A Roundup of Significant Articles on EveningReport.nz for July 22, 2025

    ER Report: Here is a summary of significant articles published on EveningReport.nz on July 22, 2025.

    New study finds the gender earnings gap could be halved if we reined in the long hours often worked by men
    Source: The Conversation (Au and NZ) – By Lyndall Strazdins, Professor, Australian National University asylun/Shutterstock There are lots of reasons why people work extra hours. In some jobs, it’s the only way to cover the workload. In others, the pay is poor, so people need to work extra time. And in others still, working back

    New study finds the gender earnings gap could be halved if we reined in the long hours often worked by men
    Source: The Conversation (Au and NZ) – By Lyndall Strazdins, Professor, Australian National University asylun/Shutterstock There are lots of reasons why people work extra hours. In some jobs, it’s the only way to cover the workload. In others, the pay is poor, so people need to work extra time. And in others still, working back

    Sky TV to buy channel Three owner Discovery NZ for $1
    By Anan Zaki, RNZ News business reporter Sky TV has agreed to fully acquire TV3 owner Discovery New Zealand for $1. Discovery NZ is a part of US media giant Warner Bros Discovery, and operates channel Three and online streaming platform ThreeNow. NZX-listed Sky said the deal would be completed on a cash-free, debt-free basis,

    Suffering in Gaza reaches ‘new depths’ – Australia condemns ‘inhumane killing’ of Palestinians
    Source: The Conversation (Au and NZ) – By Amra Lee, PhD candidate in Protection of Civilians, Australian National University Australia has joined 28 international partners in calling for an immediate end to the war in Gaza and a lifting of all restrictions on food and medical supplies. Foreign Minister Penny Wong, along with counterparts from

    As female independent MPs descend on parliament, they’re fulfilling the dreams of women across history
    Source: The Conversation (Au and NZ) – By Elizabeth Chappell, Post Doctoral Research, University of New England Australia’s 48th parliament has a record 112 women members. Ten of those women are independents. As they take their seats in the chamber, they’ll be realising the aspirations of some of Australia’s first suffragists who, more than a

    Are screenwriters paid for a product or a service? The definition matters for their workplace rights
    Source: The Conversation (Au and NZ) – By Kim Goodwin, Lecturer in Arts Management and Human Resources, The University of Melbourne Vitaly Gariev/Unsplash The film and television sector in Australia employs over 26,000 workers and generated more than A$4.5 billion in income in 2021–22. TV dramas generate a large part of this revenue. Australian screen

    NZ and allies condemn ‘inhumane’, ‘horrifying’ killings in Gaza and ‘drip feeding’ of aid
    RNZ News New Zealand has joined 24 other countries in calling for an end to the war in Gaza, and criticising what they call the inhumane killing of Palestinians. The countries — including Britain, France, Canada and Australia plus the European Union — also condemed the Israeli government’s aid delivery model in Gaza as “dangerous”.

    Everyone’s talking about the Perseid meteor shower – but don’t bother trying to see it in Australia or NZ
    Source: The Conversation (Au and NZ) – By Jonti Horner, Professor (Astrophysics), University of Southern Queensland View of the 2023 Perseid meteor shower from the southernmost part of Sequoia National Forest, US. NASA/Preston Dyches In recent days, you may have seen articles claiming the “best meteor shower of the year” is about to start. Unfortunately,

    Pumped up with poison: new research shows many anabolic steroids contain toxic metals
    Source: The Conversation (Au and NZ) – By Timothy Piatkowski, Lecturer in Psychology, Griffith University MilosStankovic/Getty Images Eighteen-year-old Mark scrolls Instagram late at night, watching videos of fitness influencers showing off muscle gains and lifting the equivalent of a baby elephant off the gym floor. Spurred on by hashtags and usernames indicating these feats involve

    How EVs and electric water heaters are turning cities into giant batteries
    Source: The Conversation (Au and NZ) – By Bin Lu, Senior Research Fellow in Renewable Energy, Australian National University Leonid Andronov/Shutterstock As the electrification of transport and heating accelerates, many worry the increased demand could overload national power grids. In Australia, electricity consumption is expected to double by 2050. If everyone charges their car and

    The end of open-plan classrooms: how school design reflects changing ideas in education
    Source: The Conversation (Au and NZ) – By Leon Benade, Professor in the School of Education of Edith Cowan University (ECU), Perth, WA, Edith Cowan University skynesher/Getty Imaged The end of open-plan classrooms in New Zealand, recently announced by Education Minister Erica Stanford, marks yet another swing of the pendulum in school design. Depending on

    Could Rupert Murdoch bring down Donald Trump? A court case threatens more than just their relationship
    Source: The Conversation (Au and NZ) – By Andrew Dodd, Professor of Journalism, Director of the Centre for Advancing Journalism, The University of Melbourne If Rupert Murdoch becomes a white knight standing up to a rampantly bullying US president, the world has moved into the upside-down. This is, after all, the media mogul whose US

    PBS and NPR are generally unbiased, independent of government propaganda and provide key benefits to US democracy
    Source: The Conversation (Au and NZ) – By Stephanie A. (Sam) Martin, Frank and Bethine Church Endowed Chair of Public Affairs, Boise State University Congress’ cuts to public broadcasting will diminish the range and volume of the free press and the independent reporting it provides. MicroStockHub-iStock/Getty Images Plus Champions of the almost entirely party-line vote

    Africa’s minerals are being bartered for security: why it’s a bad idea
    Source: The Conversation (Au and NZ) – By Hanri Mostert, SARChI Chair for Mineral Law in Africa, University of Cape Town A US-brokered peace deal between the Democratic Republic of Congo (DRC) and Rwanda binds the two African nations to a worrying arrangement: one where a country signs away its mineral resources to a superpower

    A popular sweetener could be damaging your brain’s defences, says recent study
    Source: The Conversation (Au and NZ) – By Havovi Chichger, Professor, Biomedical Science, Anglia Ruskin University Found in everything from protein bars to energy drinks, erythritol has long been considered a safe alternative to sugar. But new research suggests this widely used sweetener may be quietly undermining one of the body’s most crucial protective barriers

    Why has a bill to relax NZ foreign investment rules had so little scrutiny?
    ANALYSIS: By Jane Kelsey, University of Auckland, Waipapa Taumata Rau While public attention has been focused on the domestic fast-track consenting process for infrastructure and mining, Associate Minister of Finance David Seymour has been pushing through another fast-track process — this time for foreign investment in New Zealand. But it has had almost no public

    PSNA calls on NZ to urgently condemn Israeli weaponisation of starvation
    Asia Pacific Report The Palestine Solidarity Network Aotearoa has called on the New Zealand government to immediately condemn Israel’s weaponisation of starvation and demand an end to the siege of Gaza. It has also called for a permanent ceasefire and unrestricted humanitarian access to the besieged enclave. “All political parties and elected officials must break

    Labor to put disclaimer under Mark Latham’s caucus room picture
    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra The picture of Mark Latham on the caucus room gallery of Labor leaders will have an annotation under it saying he was expelled for life and his actions do not accord with Labor values. The first meeting of the new

    Pacific leaders demand respectful involvement in memorial for unmarked graves
    By Mary Afemata, of PMN News and RNZ Pacific Porirua City Council is set to create a memorial for more than 1800 former patients of the local hospital buried in unmarked graves. But Pacific leaders are asking to be “meaningfully involved” in the process, including incorporating prayer, language, and ceremonial practices. More than 50 people

    Newspoll and Resolve give Labor big leads as parliament resumes after the election
    Source: The Conversation (Au and NZ) – By Adrian Beaumont, Election Analyst (Psephologist) at The Conversation; and Honorary Associate, School of Mathematics and Statistics, The University of Melbourne With federal parliament to sit for the first time since the election on Tuesday, Newspoll gives Labor a 57–43 lead and Resolve a 56–44 lead. In Tasmania,

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI United Kingdom: £63 million lift-off for clean aviation fuels

    Source: United Kingdom – Executive Government & Departments

    Press release

    £63 million lift-off for clean aviation fuels

    Winning 17 companies will share £63 million to accelerate sustainable aviation fuel (SAF) production and support 1,400 jobs in the UK.

    • 17 UK companies developing sustainable aviation fuel to receive share of new £63 million funding boost, supporting around 1,400 jobs  
    • latest investment builds on this year’s sustainable aviation fuel (SAF) drive, which will help position the UK as the world leader in homegrown sustainable aviation fuel production 
    • latest investment supports greenlighting of multiple airport expansion schemes to kickstart economic growth and deliver on our Plan for Change

    Passengers are a step closer to greener flights as the Aviation Minister today (22 July 2025) announced the 17 cutting-edge UK companies that will share £63 million to accelerate sustainable aviation fuel (SAF) production.  

    The boost will support around 1,400 jobs and secure Britain’s position as the global leader in the green aviation market – critical to provide the clean fuel that’s essential to realise sustainable growth in the aviation sector.  

    Today’s investment means government has provided £198 million to date through the Advanced Fuels Fund (AFF) to scale up cleaner aviation technologies. Creating a clean aviation ecosystem will help power the next generation of airport infrastructure and capacity scale up, kickstarting economic growth and delivering the UK’s clean energy superpower ambitions to deliver on the Plan for Change

    Low carbon fuel production could add up to £5 billion to the economy by 2050, position the UK as a global hub for SAF production and enable the UK to go further and faster with expansion plans.

    Aviation Minister, Mike Kane, said: 

    This £63 million is lift off for Britain’s green aviation revolution. We’re not just backing brilliant British innovation, we’re creating thousands of high-skilled jobs and positioning the UK at the forefront of the global sustainable aviation market.

    From the labs of Sheffield to the runways of the future – this is how we kickstart economic growth, secure energy independence and make Britain a clean energy superpower.

    SAF is an alternative to fossil jet fuel which reduces greenhouse gas emissions on average by 70% on a lifecycle basis, from feedstock to biofuel, making it the key technology that will allow UK aviation to grow capacity while achieving net zero commitments.  

    The SAF Bill will help secure the future of the aviation sector by boosting green fuel production in the UK and delivering cleaner flights. This bill will give investors the confidence to back sustainable aviation fuel production. It will help grow the sector, providing good green jobs and enabling the delivery of carbon savings. 

    Announcing the new funding at the University of Sheffield’s Energy Innovation Centre – which just received £1.5 million in this latest round – the Aviation Minister, Mike Kane, saw firsthand the groundbreaking work on aircraft engine testbeds and revolutionary aviation fuels.

    Professor Mohamed Pourkashanian, Managing Director of the University of Sheffield’s Energy Innovation Centre, who is leading the project, said:

    It is fantastic to see the University of Sheffield playing a leading role in the development of sustainable aviation fuel and supporting the aviation industry in its efforts to reduce its emissions. At Sheffield, we have some of the most advanced SAF research facilities in Europe and are excited to work with partners from the industry to help them test and develop new fuels and next generation clean energy technologies.

    The AFF winners include a range of companies and are spread across the country, such as OXCCU Tech, which is developing a demonstration plant at Oxford Airport, to LanzaJet, which is building a commercial-scale plant in Teesside.

    Andrew Symes, CEO and Co-Founder of OXCCU, said:

    Support from the Advanced Fuels Fund is a key step in scaling our technology. This funding enables the detailed design and construction of OX2, our demonstration plant launching in 2026, and builds on the successful delivery of OX1. It brings us closer to producing lower-cost, lower-carbon aviation fuel and supports the UK’s ambition to become a global leader in SAF production.

    Jimmy Samartzis, CEO of LanzaJet, said:

    We’re proud that Project Speedbird, developed in partnership with British Airways, has been recognised by the Department for Transport as part of its continued commitment to advancing SAF in the UK.

    This support demonstrates confidence in LanzaJet’s technology and the critical role ethanol-to-SAF can play in delivering economic growth, creating jobs and decarbonising air travel. Project Speedbird is vital to building a national SAF industry in the UK and to unlocking opportunity and innovation in the region.

    We thank DfT for its leadership and vision in accelerating the transition to net-zero aviation.

    Aviation, Europe and technology media enquiries

    Media enquiries 0300 7777 878

    Switchboard 0300 330 3000

    Updates to this page

    Published 22 July 2025

    MIL OSI United Kingdom

  • MIL-OSI Economics: Oil and Natural Gas Trades Urge Congress to Push Permitting Reform

    Source: Independent Petroleum Association of America

    Headline: Oil and Natural Gas Trades Urge Congress to Push Permitting Reform

    Oil and Natural Gas Trades Urge Congress to Push Permitting Reform

    WASHINGTON — A group of eight oil and natural gas trade associations today called on lawmakers in the U.S. House of Representatives to “take swift action on permitting reform.” In a letter to Chairman Bruce Westerman ahead of an oversight hearing tomorrow in the House Natural Resources Committee, the coalition underscored the need to streamline the process to approving federal permitting for energy production, expressed their priority principles, and pointed to recent legislative proposals as vehicles for a bipartisan path forward.

    The coalition, comprised of Energy Workforce & Technology Council, Gulf Energy Alliance, International Association of Drilling Contractors, Independent Petroleum Association of America, National Ocean Industries Association, Texas Alliance of Energy Producers, U.S. Oil & Gas Association, and Western Energy Alliance, warns that delays in reform threaten America’s economic growth.

    The following are statements from members of the coalition:

    • Dan Naatz, COO and EVP of the Independent Petroleum Association of America: “The Biden Administration used the federal permitting process as a tool to hamper production and took every action to create greater hardship for America’s oil and natural gas producers. IPAA encourages legislators to act quickly to reform our current outdated permitting system and set the course straight to unleash America’s full energy potential. Reform is critical to bolster America’s energy security and build energy infrastructure to support our nation’s projected energy demands in the coming years.”
    • Melissa Simpson, president of Western Energy Alliance: “Across the political aisle everybody knows the federal energy permitting process is broken, particularly on federal lands in the West. Oil and natural gas require multiple federal approvals for everything from exploration and leasing to drilling, transportation, and export. Incremental progress has been made over the past few years, and the path to reform has been established. It’s now up to Congress to act. We hope lawmakers will move quickly to remove impediments, create interagency collaboration for simultaneous reviews, and improve the delivery of energy to all Americans.”
    • Tim Tarpley, president of Energy Workforce & Technology Council: “The current permitting system is a chokepoint for domestic energy development. Our members are ready to build, drill, and deliver, but red tape and frivolous lawsuits holds back investment, innovation, and jobs. Congress must cut through the bureaucracy and enact reforms to ensure the U.S. remains the global leader in energy production.”
    • Erik Milito, president of the National Ocean Industries Association: “Permitting reform must be at the top of the national energy agenda. Offshore companies work within one of the most complex and highly regulated environments in the world. If we want to unlock the full potential of American energy, support good-paying jobs, and strengthen our national security, we need a permitting system that matches the scale, urgency, and innovation of today’s offshore energy industry.”
    • Karr Ingham, Economist, president, Texas Alliance of Energy Producers: “While we don’t have much in the way of production on federal lands and waters in Texas, access to markets for Texas and U.S.-produced crude oil and natural gas is critical and has long been hampered by abuses in the permitting process. Additional pipeline and export capacity, including new LNG export facilities, is required to support the extraordinary growth in production accomplished by the U.S. domestic oil and gas industry. Moving products to domestic and global markets more quickly meets growing energy needs at home and abroad, meets those needs in much cleaner fashion compared to non-U.S. production, and reduces the need to flare natural gas.”
    • Tim Stewart, president of the U.S. Oil & Gas Association: “We need to get back to building things in this country. Thankfully, the Supreme Court has clarified that the National Environmental Policy Act (NEPA) is a procedural statute designed to assist agencies in deciding rather paralyzing them. It’s time to end decades of permitting delays, driven by misuse of NEPA to obstruct not just a final decision but the ‘next step’ of every step of the regulatory process. Chairman Westerman is providing a badly needed a course correction to align permitting with NEPA’s statutory intent with common sense so we can start building big things like we used to.”

    The full letter to Chairman Westerman detailing the coalition’s call for action is available here.

    # # #

    MIL OSI Economics

  • MIL-Evening Report: How EVs and electric water heaters are turning cities into giant batteries

    Source: The Conversation (Au and NZ) – By Bin Lu, Senior Research Fellow in Renewable Energy, Australian National University

    Leonid Andronov/Shutterstock

    As the electrification of transport and heating accelerates, many worry the increased demand could overload national power grids. In Australia, electricity consumption is expected to double by 2050.

    If everyone charges their car and heats water using electric systems at the same time, peak demand could rise sharply, forcing costly grid upgrades. But this would only happen if there’s no planning done.

    The shift to electric vehicles (EVs) and electric water heating has a huge silver lining. As more Australians make the switch, they’re quietly expanding a vast network of distributed energy storage. In a fully electrified future, each person could have on average about 46 kilowatt hours worth of energy storage – both in EV batteries and hot water systems.

    Scaled up, that’s a huge resource. If all cars and water heaters run on electricity, their combined flexible energy storage could reach over 1,000 gigawatt-hours (GWh) across Australia. That’s far beyond the 350 GWh capacity of the Snowy 2.0 hydroelectric project and all existing grid-scale batteries put together.

    Authorities can use these devices to help operate the grid more efficiently and slash infrastructure costs. In fact, our new research shows that with the right coordination, cities can transform from energy consumers into flexible energy hubs able to store energy and release it as necessary. This would make it possible to avoid billions of dollars worth of grid upgrades.

    Storage built in

    Electrification replaces fossil fuel-burning technology with electric-only systems, powered by a grid getting steadily cleaner.

    For households, electrification means switching a combustion engine car for an EV and replacing gas hot water with electric systems such as heat pumps. Both slash carbon emissions when run on grids with high levels of renewables.

    EVs and electric hot water systems offer more than just mobility or heating. They also have built-in energy storage. EV batteries store huge amounts of electricity – usually several times the size of a house battery. Hot water systems store energy too, in the form of heat.

    Both of these resources are very useful to power grid authorities, because they can help optimise how the grid operates.

    Power grids are a constant balancing act, where supply and demand have to be carefully matched up. At times of intense demand, such as during a heatwave, demand can outstrip normal supply and send prices skyrocketing.

    When EVs are charged and water heated during off-peak periods, the strain on the grid can be significantly lessened.

    Workplace EV chargers are convenient for drivers – and very useful for the grid.
    jixiang liu/Shutterstock

    Canberra is pointing the way

    Since 2020, Canberra has been 100% powered by renewable electricity. The ACT Government is aiming for net zero by 2045.

    In our modelling, we found this goal could get a lot closer if EVs and hot water systems are used cleverly. We found changing the time cars are charged and water heated would shift around 5 kWh of electricity per person per day. That’s about a third of each Canberra resident’s average daily electricity use.

    Unmanaged charging and water heating would cause peak load to jump 34%. But if charging and heating was shifted to off-peak hours overnight, it could restrict the rise in peak load to just 16%.

    Reducing the rise in peak load would make it possible to avoid billions of dollars in grid upgrades such as expanding substations and building more transmission lines.

    Where flexibility matters most

    We found Canberra’s new energy storage resources are concentrated in storage hotspots – densely populated areas with many electric hot water systems and where many EVs are parked during the day.

    Importantly, these hotspots don’t stay put. During working hours, vehicle batteries tend to concentrate in high-density office areas where EVs are parked. Storage capacity rose up to 31% in some Canberra working districts during the working week.

    It would make sense to make the most of these hotspots by installing smart chargers, which optimise the timing of EV charging and creating virtual power plants, which can coordinate the time when household devices and EVs draw power.

    Both of these approaches offer a cost-effective way to aggregate small scale household devices into a large coordinated storage resource.

    Aligning demand with solar peaks means using renewable energy which might otherwise go to waste during peak times.

    This map shows Canberra’s storage hotspots averaged out. EV batteries are in blue and electric hot water storage in orange.
    Bin Lu, CC BY-NC-ND

    Policy needs to catch up

    Capturing the huge benefits from these new storage resources won’t happen automatically. It requires smart systems and supportive policies.

    Technologies such as smart chargers and virtual power plants already exist. South Australia’s Virtual Power Plant shows what’s possible in practice.

    But to date, most Australian households don’t have these kinds of smart systems. In many areas, electricity pricing is relatively inflexible and there’s limited coordination between flexible energy use and the needs of the grid.

    To unlock the full potential of this huge new energy storage resource, governments and energy companies should:

    • encourage uptake of smart chargers and smart water heaters in buildings

    • expand dynamic pricing schemes which better reflect real-time supply and demand to help shift electricity use to off-peak periods

    • focus on rolling out workplace EV chargers in high-density areas to boost charging during solar peak periods

    • develop smart energy systems able to aggregate devices in individual households into a large grid-supporting fleet.

    More demand – but more storage

    As Australia increasingly goes electric, cities are becoming more than just energy consumers.

    Rather, they’re becoming flexible energy hubs able to help balance supply and demand.

    Used wisely, humble electric water heaters and EVs can do more than meet household needs — they can help power Australia’s clean energy future.

    Bin Lu received research funding from the Icon Water & ActewAGL Endowment Fund.

    Marnie Shaw has received funding from federal and state governments.

    ref. How EVs and electric water heaters are turning cities into giant batteries – https://theconversation.com/how-evs-and-electric-water-heaters-are-turning-cities-into-giant-batteries-261369

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI: Par Pacific, Mitsubishi, and ENEOS to Establish Joint Venture for Renewable Fuels in Hawaii

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON and TOKYO, July 21, 2025 (GLOBE NEWSWIRE) — Par Pacific Holdings, Inc. (including its subsidiaries and affiliates, “Par Pacific”), Mitsubishi Corporation (“Mitsubishi”), and ENEOS Corporation (“ENEOS”) today announced the signing of definitive agreements to establish Hawaii Renewables, LLC (“Hawaii Renewables”), a joint venture to produce renewable fuels at Par Pacific’s refinery in Kapolei Hawaii. Mitsubishi and ENEOS will form Alohi Renewable Energy, LLC, which will acquire a 36.5% equity stake in Hawaii Renewables in exchange for cash consideration of $100 million. Par Pacific will retain the remaining interest and lead the project’s execution and operations through its affiliate, Par Hawaii Refining, LLC. The project’s attractive capital cost, along with its operating and distribution cost advantages, are key differentiators.

    Hawaii Renewables will leverage Par Pacific’s existing refining and logistics infrastructure and Lutros, LLC’s new and advantaged pretreatment technology. Construction is currently underway, and the facility is expected to be completed and operational by the end of the year. Once fully operational, Hawaii Renewables will be the state’s largest renewable fuels manufacturing facility and is expected to produce approximately 61 million gallons per year of renewable diesel (“RD”), sustainable aviation fuel (“SAF”), renewable naphtha and low carbon liquified petroleum gases.

    The facility is designed to produce up to 60% SAF as a first step toward decarbonizing Hawaii’s significant air travel market, with flexibility to process diverse feedstocks and shift yields to RD based on market conditions. These renewable fuels will contribute to reducing greenhouse gas emissions while providing reliable transportation and utility fuels to Hawaii consumers.

    This strategic partnership will combine Par Pacific’s advantaged West Coast and Pacific asset base and operational capabilities with Mitsubishi’s global integrated business, including access to Mitsubishi’s Petro-Diamond Inc. Terminal in Long Beach, California and global feedstock procurement expertise. As Japan’s leading energy company, ENEOS will strengthen the partnership by leveraging its historical success in fuel refining and trading across Asia-Pacific and North America.

    “We are thrilled to partner with Mitsubishi and ENEOS through the formation of this strategic joint venture,” said Will Monteleone, Par Pacific’s President & Chief Executive Officer. “Creating the Hawaii Renewables joint venture brings together the best of our three organizations and yields additional scale and expertise across feedstock origination, commercial optimization, and market access throughout the Pacific Basin.”

    “We are so honored to partner with Par Pacific in the renewable fuels business,” said Masaru Saito, Group CEO, Environmental Energy Group, Mitsubishi Corporation. “We view this partnership as an important step for our SAF initiative, supporting aviation sector decarbonization across Hawaii and beyond through our feedstock procurement and renewable fuels sales expertise.”

    “We anticipate this project will deliver a stable supply of energy and contribute to a carbon-neutral society,” said Marcus Echigoya, Senior Vice President, Managing Executive Officer, ENEOS Corporation. “ENEOS aims to contribute to this initiative by utilizing our deep experience in fuel refining and marketing, with an emphasis on enhancing Hawaii Renewable’s feedstock procurement capabilities.”

    The closing of the joint venture transaction is subject to customary closing conditions and regulatory approvals. Lazard served as financial advisor to Par Pacific on this transaction.

    About Par Pacific
    Par Pacific Holdings, Inc. (NYSE: PARR), headquartered in Houston, Texas, is a growing energy company providing both renewable and conventional fuels to the western United States. Par Pacific owns and operates 219,000 bpd of combined refining capacity across four locations in Hawaii, the Pacific Northwest and the Rockies, and an extensive energy infrastructure network, including 13 million barrels of storage, and marine, rail, rack, and pipeline assets. In addition, Par Pacific operates the Hele retail brand in Hawaii and the “nomnom” convenience store chain in the Pacific Northwest. Par Pacific also owns 46% of Laramie Energy, LLC, a natural gas production company with operations and assets concentrated in Western Colorado. More information is available at www.parpacific.com

    About Mitsubishi Corporation
    Mitsubishi Corporation is a global integrated business enterprise that develops and operates business together with its offices and subsidiaries worldwide. MC has eight Business Groups that operate across virtually every industry: Environmental Energy, Material Solution, Mineral Resources, Urban Development and Infrastructure, Mobility, Food Industry, Smart-Life Creation, and Power Solution.

    About ENEOS Corporation
    ENEOS Group is Japan’s leading energy company with manufacturing and sales facilities throughout the world. ENEOS has developed businesses in the refining and marketing of petroleum products, petrochemical products, and lubricants. While fulfilling our responsibility of providing a stable supply of energy and materials both now and in the future, we will realize a carbon neutral society through energy transition. This is also a great challenge for mankind, and we, the ENEOS Group, will maximize our corporate value by steadily taking on the challenge.

    Forward-Looking Statements
    This news release includes certain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to qualify for the “safe harbor” from liability established by the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements include, without limitation, statements about Par Pacific’s plans to invest in renewable fuels production. There can be no assurances that Par Pacific will be successful in its renewable fuels production efforts, which are subject to various risks and uncertainties. We cannot provide assurances that the assumptions upon which these forward-looking statements are based will prove to have been correct. Should one of these risks materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expressed or implied in any forward-looking statements, and investors are cautioned not to place undue reliance on these forward-looking statements, which are current only as of this date. We do not intend to update or revise any forward-looking statements made herein or any other forward-looking statements as a result of new information, future events or otherwise. We further expressly disclaim any written or oral statements made by a third party regarding the subject matter of this news release.

    Par Pacific Contacts
    Investors:
    Ashimi Patel
    VP, Investor Relations & Sustainability
    +1 (832) 916-3355
    apatel@parpacific.com

    Media Inquiries:
    Marc Inouye
    Director, Government & Public Affairs
    +1 (808) 203-2344
    minouye@parpacific.com

    Mitsubishi Corporation Contacts
    Media Inquiries:
    Telephone: +81-3-3210-2171

    ENEOS Contacts
    Media Inquiries:
    pr@eneos.com

    The MIL Network

  • MIL-Evening Report: Africa’s minerals are being bartered for security: why it’s a bad idea

    Source: The Conversation (Au and NZ) – By Hanri Mostert, SARChI Chair for Mineral Law in Africa, University of Cape Town

    A US-brokered peace deal between the Democratic Republic of Congo (DRC) and Rwanda binds the two African nations to a worrying arrangement: one where a country signs away its mineral resources to a superpower in return for opaque assurances of security.

    The peace deal, signed in June 2025, aims to end three decades of conflict between the DRC and Rwanda.

    A key part of the agreement binds both nations to developing a regional economic integration framework. This arrangement would expand cooperation between the two states, the US government and American investors on “transparent, formalized end-to-end mineral chains”.

    Despite its immense mineral wealth, the DRC is among the five poorest countries in the world. It has been seeking US investment in its mineral sector.

    The US has in turn touted a potential multi-billion-dollar investment programme to anchor its mineral supply chains in the traumatised and poor territory.

    The peace that the June 2025 deal promises, therefore, hinges on chaining mineral supply to the US in exchange for Washington’s powerful – but vaguely formulated – military oversight.

    The peace agreement further establishes a joint oversight committee – with representatives from the African Union, Qatar and the US – to receive complaints and resolve disputes between the DRC and Rwanda.

    But beyond the joint oversight committee, the peace deal creates no specific security obligations for the US.

    The relationship between the DRC and Rwanda has been marred by war and tension since the bloody First (1996-1997) and Second (1998-2003) Congo wars. At the heart of much of this conflict is the DRC’s mineral wealth. It has fuelled competition, exploitation and armed violence.

    This latest peace deal introduces a resources-for-security arrangement. Such deals aren’t new in Africa. They first emerged in the early 2000s as resources-for-infrastructure transactions. Here, a foreign state would agree to build economic and social infrastructure (roads, ports, airports, hospitals) in an African state. In exchange, it would get a major stake in a government-owned mining company. Or gain preferential access to the host country’s minerals.

    We have studied mineral law and governance in Africa for more than 20 years. The question that emerges now is whether a US-brokered resources-for-security agreement will help the DRC benefit from its resources.

    Based on our research on mining, development and sustainability, we believe this is unlikely.

    This is because resources-for-security is the latest version of a resource-bartering approach that China and Russia pioneered in countries such as Angola, the Central African Republic and the DRC.

    Resource bartering in Africa has eroded the sovereignty and bargaining power of mineral-rich nations such as the DRC and Angola.

    Further, resources-for-security deals are less transparent and more complicated than prior resource bartering agreements.

    DRC’s security gaps

    The DRC is endowed with major deposits of critical minerals like cobalt, copper, lithium, manganese and tantalum. These are the building blocks for 21st century technologies: artificial intelligence, electric vehicles, wind energy and military security hardware. Rwanda has less mineral wealth than its neighbour, but is the world’s third-largest producer of tantalum, used in electronics, aerospace and medical devices.

    For almost 30 years, minerals have fuelled conflict and severe violence, especially in eastern DRC. Tungsten, tantalum and gold (referred to as 3TG) finance and drive conflict as government forces and an estimated 130 armed groups vie for control over lucrative mining sites. Several reports and studies have implicated the DRC’s neighbours – Rwanda and Uganda – in supporting the illegal extraction of 3TG in this region.

    The DRC government has failed to extend security over its vast (2.3 million square kilometres) and diverse territory (109 million people, representing 250 ethnic groups). Limited resources, logistical challenges and corruption have weakened its armed forces.

    This context makes the United States’ military backing enormously attractive. But our research shows there are traps.

    What states risk losing

    Resources-for-infrastructure and resources-for-security deals generally offer African nations short-term stability, financing or global goodwill. However, the costs are often long-term because of an erosion of sovereign control.

    Here’s how this happens:

    Examples of loss or near-loss of sovereignty from these sorts of deals abound in Africa.

    For instance, Angola’s US$2 billion oil-backed loan from China Eximbank in 2004. This was repayable in monthly deliveries of oil, with revenues directed to Chinese-controlled accounts. The loan’s design deprived Angolan authorities of decision-making power over that income stream even before the oil was extracted.

    These deals also fragment accountability. They often span multiple ministries (such as defence, mining and trade), avoiding robust oversight or accountability. Fragmentation makes resource sectors vulnerable to elite capture. Powerful insiders can manipulate agreements for private gain.

    In the DRC, this has created a violent kleptocracy, where resource wealth is systematically diverted away from popular benefit.

    Finally, there is the risk of re-entrenching extractive trauma. Communities displaced for mining and environmental degradation in many countries across Africa illustrate the long-standing harm to livelihoods, health and social cohesion.

    These are not new problems. But where extraction is tied to security or infrastructure, such damage risks becoming permanent features, not temporary costs.

    What needs to change

    Critical minerals are “critical” because they’re hard to mine or substitute. Additionally, their supply chains are strategically vulnerable and politically exposed. Whoever controls these minerals controls the future. Africa must make sure it doesn’t trade that future away.

    In a world being reshaped by global interests in critical minerals, African states must not underestimate the strategic value of their mineral resources. They hold considerable leverage.

    But leverage only works if it is wielded strategically. This means:

    • investing in institutional strength and legal capacity to negotiate better deals

    • demanding local value creation and addition

    • requiring transparency and parliamentary oversight for minerals-related agreements

    • refusing deals that bypass human rights, environmental or sovereignty standards.

    Africa has the resources. It must hold on to the power they wield.

    Hanri Mostert receives funding from the National Research Foundation (NRF) of South Africa. She is a member of the Expropriation Expert Group and a steering committee member of the International Bar Association’s (IBA) Academic Advisory Group (AAG) in the Sector for Energy, Environmental, Resources and Infrastructure Law (SEERIL).

    Tracy-Lynn Field receives funding from the Claude Leon Foundation. She is a non-executive director of the Wildlife and Environment Society of South Africa.

    ref. Africa’s minerals are being bartered for security: why it’s a bad idea – https://theconversation.com/africas-minerals-are-being-bartered-for-security-why-its-a-bad-idea-260594

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI USA: YORK COUNTY – Shapiro Administration and PUC to Announce 2 Gigawatts of Solar Power Generation Installed in Pennsylvania

    Source: US State of Pennsylvania

    July 22, 2025Lewisberry, PA

    ADVISORY – YORK COUNTY – Shapiro Administration and PUC to Announce 2 Gigawatts of Solar Power Generation Installed in Pennsylvania

    The Pennsylvania Department of Environmental Protection (DEP), Pennsylvania Department of Natural Resources and Conservation (DCNR), and the Pennsylvania Public Utilities Commission (PUC), will converge on Gifford Pinchot State Park, in the Quaker Race Day Use Area, on Tuesday, July 22, 2025, to announce the installation of two gigawatts of solar power energy generation in Pennsylvania.

    The current two gigawatts (2,000,000,000 watts) of installed solar generation in Pennsylvania is enough to power nearly 350,000 homes.

    WHAT: DEP Secretary Jessica Shirley, DCNR Deputy Secretary Mike Walsh, and PUC Commissioner Stephen DeFrank will hold a press conference to announce two gigawatts of solar power generation in Pennsylvania.

    WHEN:
    Tuesday, July 22, 2025: 1:30 PM

    WHERE:
    Gifford Pinchot State Park
    Quaker Race Day Use Area
    Lewisberry, PA 17339

    MEDIA CONTACT: Tom Decker, thomadecke@pa.gov// 814-332-6615

    For more information, visit the Pennsylvania Department of Environmental Protection’s website, or follow DEP on Facebook, X (formerly Twitter), or LinkedIn.

    MIL OSI USA News

  • MIL-OSI Canada: Regrowing Alberta’s Forests

    Source: Government of Canada News

    July 21, 2025
    Calgary, Alberta
    Natural Resources Canada

    The Government of Canada, together with Indigenous communities, private and non-profit sector leaders, and provincial partners, is taking action to regenerate Alberta’s forests — protecting clean air and preserving the province’s vast natural landscapes for generations to come.

    Today, Corey Hogan, Parliamentary Secretary to the Honourable Tim Hodgson, Canada’s Minister of Energy and Natural Resources, announced, in collaboration with Project Forest, The Carbon Farmer and FIND Biomass Inc, a joint investment of over $125 million for four projects that will plant 12 million trees and restore critical habitat for species at risk throughout Alberta, such as caribou.

    Investments will help to create and restore biodiverse forests and wildlife habitat and sequester carbon while creating seasonal and full-time jobs for surrounding communities in Alberta. We are not just planting trees — we are building a stronger, healthier and more-resilient Canada.

    MIL OSI Canada News

  • MIL-OSI Canada: Backgrounder: Regrowing Alberta’s Forests

    Source: Government of Canada News

    On July 21 2025, Corey Hogan, Parliamentary Secretary to the Honourable Tim Hodgson, Canada’s Minister of Energy and Natural Resources, announced a joint investment of over $125 million for four projects that will plant 12 million trees and restore critical habitats for species at risk throughout Alberta.

    Under Canada’s 2 Billion Trees (2BT) Program, the following projects are receiving funding:

    Project name: Alberta Afforestation
    Recipient: The Carbon Farmer
    Location: Peace Country, Alberta
    Funding amount: $13,797,079
    Description: The Carbon Farmer is spearheading a new initiative — Alberta Afforestation — to plant trees across Alberta’s Peace Country, transforming previously cleared agricultural lands into thriving forests on private properties. Working with local farmers and surrounding forest communities, this project will plant over six million trees, create numerous seasonal and full-time jobs for farmers and local professionals, increase wildlife habitat and sequester carbon.

    Project name: Rewilding Canada: Planting Diverse Forests in Partnership with First Nations, Conservation Groups and Research Institutions
    Recipient: Project Forest
    Location: various sites, Alberta
    Funding amount: $2,933,621
    Description: This project aims to transform former agricultural lands into biodiverse forests. By restoring these landscapes, the initiative will deliver a wide range of benefits to Indigenous communities, including:

    • one million new trees planted on various sites across Alberta, including the Siksika Nation reserve;
    • improved soil health, increased biodiversity and restoration of wildlife habitats, including Elk habitats; 
    • support for Indigenous land stewardship, reclamation of cultural heritage and preservation of Indigenous Knowledge; 
    • 10–15 jobs annually in remote communities; and 
    • training opportunities for youth through a partnership with the University of Alberta.

    Project name: High Yield Afforestation
    Recipient: First Indigenous Biomass Future Inc.
    Location: Cardiff, Alberta
    Funding amount: $558,968
    Description:  First Indigenous Biomass Inc., an Indigenous-owned company, is driving forward its project, which is set to plant over 100,000 trees across 65 hectares near Cardiff, revitalizing the land and contributing to long-term environmental and community resilience. The project will:

    • establish a new forest;
    • create jobs for Indigenous women and youth; and
    •  sequester carbon.

    Project name: Caribou Habitat Recovery Program
    Recipient: Government of Alberta
    Location: various sites, Alberta
    Funding amount: $83,718,501
    Description: Through a new agreement between Canada and Alberta, the province is expanding its Caribou Habitat Recovery Program — taking action to reduce habitat fragmentation and support the long-term recovery of caribou populations across Alberta. This expansion will: 

    • plant nearly five million new trees by 2030; 
    • restore vegetation within the 15 caribou ranges in the province; 
    • increase forest resiliency and wildlife diversity and protect species at risk; 
    • create jobs and training opportunities for rural and Indigenous communities; and 
    • support local cultural and spiritual activities, including food collection.

    MIL OSI Canada News

  • MIL-OSI Africa: Morocco, North Macedonia Reaffirm Shared Willingness to Strengthen Bilateral Partnership

    Source: APO


    .

    Morocco and North Macedonia’s Foreign Affairs Ministers Mr. Nasser Bourita and Mr. Timčo Mucunski reaffirmed their shared willingness to strengthen bilateral partnership in a Joint Statement signed following their meeting on Monday in Skopje.

    The two ministers highlighted the outstanding relations uniting Morocco and North Macedonia and expressed their determination to further deepen them, based on friendship, mutual respect, and shared interests.

    They also emphasized their commitment to enhancing economic, trade, and cultural cooperation between the two countries by identifying high-potential strategic sectors, particularly tourism.

    Driven by the common goals of Rabat and Skopje, Mr. Bourita and Mucunski agreed to strengthen political consultations and coordination within international bodies.

    As part of this visit, Mr. Bourita was received in audience by the President of the Republic of North Macedonia, H.E. Gordana Siljanovska-Davkova, and also held talks with the President of the Assembly MAfrim Gashi.

    Distributed by APO Group on behalf of Kingdom of Morocco – Ministry of Foreign Affairs, African Cooperation and Moroccan Expatriates.

    MIL OSI Africa

  • MIL-OSI USA: Podcast: Examining Energy Drinks

    Source: US State of Connecticut

    The “UConn Health Pulse” podcast brings a variety of expertise on health topics to the general public.

    Energy drinks are commonplace in convenience stores, gas stations, and many grocery stores. They can be loaded with caffeine and other stimulants, as well as sugar or other sweeteners. Some labels tell of probiotics and prebiotics. But what are we really drinking? And are these drinks worth it, both in terms of their expense and the potential health implications?

    UConn Health registered dietitian Linda York joins the UConn Health Pulse podcast to analyze these and other trendy drinks and offers some alternative ideas for boosting or maintaining energy levels that may be a better use of calories.

    You’re getting all those junky calories from sugar, fat, caffeine, and you’re not going to feel that great in a few hours. You’re going to be hungry. &#8212 Linda York

    Listen now:

    Read the transcript.

    MIL OSI USA News

  • MIL-OSI USA: Huffman Statement on Interior Memo Targeting Clean Energy on Federal Lands

    Source: United States House of Representatives – Congressman Jared Huffman Representing the 2nd District of California

    July 17, 2025

    Washington, D.C.  Today, House Natural Resources Committee Ranking Member Jared Huffman (D-Calif.) issued a statement after the Department of the Interior released a memo ordering that all wind and solar energy projects on federal lands must now receive personal approval from Interior Secretary Doug Burgum:
     
    “This memo confirms what we’ve known all along: the Trump administration is deliberately sabotaging clean energy on our public lands. Trump and his fossil fuel allies are so desperate to prop up polluting industries that they’re forcing every single decision and permit for every solar and wind project through the Interior Secretary’s desk.
     
    “Let me be clear, this will drive up energy costs for American families and result in fewer jobs in communities that need them the most, in red and blue districts alike. Blocking wind and solar while China dominates the global clean energy market is nothing short of a surrender.
     
    “Republicans talk a big game about cutting red tape, but when clean energy threatens fossil fuel profits, they pile on bureaucracy. We are watching them slow-walk permits, rewrite definitions, and dismantle tax credits for renewables under the cover of executive orders and a budget bill so horrendous, it reads like it was written by Big Oil — all while the climate crisis fuels deadly heat waves, wildfires, and floods across the country.
     
    “House Republicans and this administration can try to stall our clean energy future, but they won’t stop Democrats from fighting for cleaner air, lower bills, and an economy that works for everyone.”

    ###



    Next Article Previous Article

    MIL OSI USA News

  • MIL-OSI USA: One-Stop-Shop for Military and Veterans Interested in SUNY

    Source: US State of New York

    overnor Kathy Hochul today announced the launch of a one-stop-shop for active duty servicemembers, veterans, and family members currently enrolled or interested in attending any SUNY college or university. The landing page: www.suny.edu/military, includes information on available credit for military service and experience, tuition assistance, specialized scholarships, and dedicated campus services like veteran lounges and associations for all 64 SUNY campuses. The website also connects veterans with services offered by the counties where each campus is located, helping them stay close to home and community, and will be regularly updated as new information becomes available.

    “We continue to rely so much on our veterans and military to protect everything we hold sacred, and it is a priority of my administration to make sure we help our military-connected New Yorkers have a smooth transition to their next career,” Governor Hochul said. “This one-stop shop from SUNY is easy to follow and helps guide service members and their families and puts them on a path to a rewarding degree or credential.”

    Governor Hochul has recently announced expanded access to an affordable education through the Veterans Tuition Assistance Program, which went into effect on July 1. Under Governor Hochul’s leadership, the program will now serve even more veterans by broadening eligibility and increasing flexibility.

    Thirty-seven SUNY campuses offer academic credit for military service and experience, and the new website includes connecting visitors to an easy-to-use search for available credit for military experience and training. Additionally, SUNY campuses have tailored support available including student veteran associations and military and veteran offices, and counties throughout New York State have programs and staff available as well. SUNY developed this comprehensive website so that servicemembers and veterans would be able to easily learn about and access all of the available programs and benefits that they have earned through their service.

    SUNY Chancellor John B. King Jr. said, “SUNY provides a wide array of services for all those who stepped up and answered the call to serve our nation. From tuition assistance and specialized scholarships, to lounges and clubs, to credit for prior learning, it is important that every servicemember and veteran knows about the great programs at their disposal at every SUNY campus. We honor our veterans and servicemembers, and our campus communities are richer for their presence.”

    The SUNY Board of Trustees said, “We owe our servicemembers and veterans a debt of gratitude that can never truly be repaid, and we are grateful for their dedication to our state and nation. That is why the SUNY system has worked to ensure that as servicemembers and veterans transition back to civilian life, they have the support they have earned easily accessible at each of our campuses. We hope all eligible students will learn more about the programs, scholarships, and credit for prior learning available for current and former members of the military and take advantage of the benefits they have earned.”

    State Senator Jessica Scarcella-Spanton said, “Our SUNY schools offer so many programs and benefits for active duty military and veteran students, and I’m glad the Governor is launching a more streamlined system to help them access these resources. It’s so important that New York remains a state with competitive educational opportunities, and our SUNYs are committed to recruiting and retaining the best and brightest veterans and active duty service members. We want all our veterans and active duty members to be able to pursue their education and build their lives right here in New York—and this new website is a great step toward that.”

    Assemblymember Steve Stern said, “As the Chairman of the Veterans’ Affairs Committee of the New York State Assembly, I applaud Governor Hochul for expanding critical educational support, funding and access to services for the brave men and women who have sacrificed so much to serve our great nation and importantly, also for their families. This new One-Stop Shop will provide streamlined access to vital information for all SUNY campuses. I encourage all active-duty military, veterans and families to visit www.suny.edu/military to learn more about benefits to which they are entitled.”

    New York State Department of Veterans’ Services Commissioner Viviana M. DeCohen said, “This new SUNY one-stop-shop is more than a website — it is a gateway to opportunity for Veterans, Service Members, and Military Families across New York State. By streamlining access to campus-based support, credit for military experience, and vital tuition assistance through this new resource, it ensures that no one who served is left navigating college alone. Thanks to Governor Hochul’s leadership and visionary expansion of this initiative and the Veterans Tuition Assistance Program, even more of our heroes can now pursue a world-class SUNY education. This is what it means to value service and put Veterans first.”

    New York State Division of Military and Naval Affairs Adjutant General Major General Raymond F. Shields Jr. said, “Hundreds of members of the New York Army and Air National Guard and the New York Naval Militia have furthered their education through the SUNY system, thanks to the free tuition benefit available to them at SUNY and CUNY. Anything that makes it easier for our Citizen Soldiers, Airmen, Sailors, and Marines to access SUNY services for veterans and service members is very welcome.”

    About The State University of New York
    The State University of New York is the largest comprehensive system of higher education in the United States, and more than 95 percent of all New Yorkers live within 30 miles of any one of SUNY’s 64 colleges and universities. Across the system, SUNY has four academic health centers, five hospitals, four medical schools, two dental schools, a law school, the country’s oldest school of maritime, the state’s only college of optometry, and manages one US Department of Energy National Laboratory. In total, SUNY serves about 1.4 million students amongst its entire portfolio of credit- and non-credit-bearing courses and programs, continuing education, and community outreach programs. SUNY oversees nearly a quarter of academic research in New York. Research expenditures system-wide are nearly $1.16 billion in fiscal year 2024, including significant contributions from students and faculty. There are more than three million SUNY alumni worldwide, and one in three New Yorkers with a college degree is a SUNY alum. To learn more about how SUNY creates opportunities, visit www.suny.edu.

    MIL OSI USA News

  • MIL-OSI Africa: Afreximbank Annual Meetings record project preparation deals expected to unlock about US$ 1.0 billion in investments

    Source: APO

    The 32nd Annual Meetings of African Export-Import Bank (Afreximbank) (www.Afreximbank.com), also known as AAM2025, witnessed a flurry of deal signings with four project preparation transactions signed between the Bank and various entities that are expected to unlock investments valued at about US$ 1.0 billion.

    In an agreement signed by Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade and Export Development, for Afreximbank, and Mrs. Temwani Simwaka, CEO, for NBS Bank Plc (NBS), Malawi, the two institutions executed a Joint Project Preparation Facility Framework Agreement under which they will pool resources to provide early project preparatory financing to progress projects in Malawi from pre-feasibility stage to bankability in a timely manner.

    As set out in the agreement, Afreximbank and NBS will support public and private sector investors by availing financing and technical support services to de-risk projects in priority sectors, including energy, transport and logistics, logistical platforms (such as special economic zones and industrial parks), manufacturing, agro-processing, hospitality and tourism, extractives, solid minerals, and services (such as ICT, healthcare, and creative economy). Embedded in the framework agreement is a capacity building programme that will empower NBS staff to undertake project preparation activities in the medium term.

    Afreximbank and NBS expect to bring onstream investments of about US$ 300 million in Malawi in the near term.

    In another transaction, Afreximbank signed a US$ 4.4-million Project Preparation Facility Agreement in favour of Med Aditus Pharmaceutical Kenya Limited. The facility will be deployed to finance the preparation of feasibility and bankability studies towards the development of a state-of-the-art fill and finish pharmaceutical manufacturing plant, with a production capacity of at least two billion tablets and capsules per annum, located in Kibos, Kisumu County, Kenya.

    The project will improve access to quality, affordable life-saving medicines across the Great Lakes region, contributing to better health outcomes in a region that contends with heavy loads of infectious and other diseases. The project will also facilitate medical and manufacturing blockchain technology transfer to Africa, supporting the long-term growth and strengthening the wider region’s health sector. The project preparation facility will bring onstream assets of about US$ 40 million.

    Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade and Export Development, signed the agreement on behalf of Afreximbank while Dr. Dhiren Thakker, Founder and CEO of Med Aditus Pharma, signed for his company.

    Afreximbank also signed a Heads of Terms agreement for a US$4.4-million project preparation facility in favour of Green Hybrid Power Private Limited. The facility will be deployed towards the preparation of bankability and feasibility studies and procurement of transaction advisors for a 1-Gigawatt (GW) hybrid floating solar photovoltaic power system on Lake Kariba, Zimbabwe.

    The project, to be implemented in two phases, includes a pilot phase targeting a generation capacity of 500 MW to be sold wholly to the Intensive Energy Users Group, a consortium of blue-chip industrial and mining energy users in Zimbabwe, under a “take-or-pay” 20-year power purchase agreement with a cost-reflective tariff. The project is expected to supply affordable and reliable power that will support value-addition and beneficiation of Zimbabwe’s minerals, thereby boosting the country’s foreign exchange earnings.

    The project preparation facility will unlock an investment estimated at US$ 350 million.

    Signing the agreement were Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade and Export Development, on behalf of Afreximbank, and Mr. Eddie Cross, Chairman, for Green Hybrid Power Private Limited.

    Afreximbank, in addition, signed a Project Preparation Facility Heads of Terms Agreement of US$ 4.0 million in favour of Proton Energy Limited, a Nigerian independent power producer. The facility will be deployed towards financing the preparation of feasibility studies and procurement of transaction advisory services for the development of a grid-connected gas-fired power plant with a nameplate capacity of 500 MW in Sapele, Nigeria. The project will commence with an initial generation capacity of 150 MW.

    The project will evacuate the electricity generated primarily to Eko Electricity Distribution Company under a 20-year power purchase agreement with a cost-reflective tariff.

    The facility is expected to bring on stream assets estimated at US$ 300 million.

    Signing the agreement were Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade and Export Development, on behalf of Afreximbank, and Mr. Oti Ikomi, Executive Vice Chairman and CEO, for Proton Energy Limited.

    AAM2025 took place from 25 to 28 June and attracted an estimated 8,000 participants, including presidents, prime ministers, ministers and business leaders, from across Africa, the Caribbean and beyond. It ended with the Annual General Meeting of Shareholders where Dr. George Elombi was appointed the next President of the Bank who succeeds Prof. Benedict Oramah whose tenure is ending after two five-year terms in the position.

    Distributed by APO Group on behalf of Afreximbank.

    Media Contact:
    Vincent Musumba
    Communications and Events Manager (Media Relations)
    Email: press@afreximbank.com

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    About Afreximbank:
    African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution mandated to finance and promote intra- and extra-African trade. For over 30 years, the Bank has been deploying innovative structures to deliver financing solutions that support the transformation of the structure of Africa’s trade, accelerating industrialisation and intra-regional trade, thereby boosting economic expansion in Africa. A stalwart supporter of the African Continental Free Trade Agreement (AfCFTA), Afreximbank has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the AfCFTA. Working with the AfCFTA Secretariat and the AU, the Bank has set up a US$10 billion Adjustment Fund to support countries effectively participating in the AfCFTA. At the end of December 2024, Afreximbank’s total assets and contingencies stood at over US$40.1 billion, and its shareholder funds amounted to US$7.2 billion. Afreximbank has investment grade ratings assigned by GCR (international scale) (A), Moody’s (Baa2), China Chengxin International Credit Rating Co., Ltd (CCXI) (AAA), Japan Credit Rating Agency (JCR) (A-) and Fitch (BBB-). Afreximbank has evolved into a group entity comprising the Bank, its equity impact fund subsidiary called the Fund for Export Development Africa (FEDA), and its insurance management subsidiary, AfrexInsure (together, “the Group”). The Bank is headquartered in Cairo, Egypt.

    For more information, visit: www.Afreximbank.com

    Media files

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    MIL OSI Africa

  • MIL-OSI Banking: Influencers Discover Ultra Sleek Galaxy Innovation at #TeamGalaxy Connect 2025 in NYC

    Source: Samsung

    Samsung Electronics hosted the #TeamGalaxy Connect 2025 event in New York City from July 9 to 11. More than 110 #TeamGalaxy influencers from around the world — content creators active in areas including camera, gaming, health, fashion and beauty — gathered for a vibrant exchange centered on real-life use of Galaxy products. Participants were among the first to experience the new Galaxy Z Fold7, Z Flip7 and Watch8, sharing original content with global audiences.
     

     
     
    Experiencing Innovation at Galaxy Unpacked 2025
    The excitement kicked off in Brooklyn at Galaxy Unpacked 2025. As the new foldables and wearables were unveiled, #TeamGalaxy influencers captured the energy of the launch and shared first impressions in real time on YouTube, Instagram and other platforms — drawing the attention of Galaxy fans around the world.
     
    ▲ #TeamGalaxy members enjoy their first hands-on experience with the new devices. (From left: @seoulmafia, @kokeshi.karen, @francypave, @deniseteojiaqi and @catriona_gray)
     
     
    Inspiring Creativity Through Collaboration
    Following the event, participants visited Meta’s New York office for the official program launch. In collaboration with Meta, the #TeamGalaxy Connect 2025 briefing featured sessions including Meta: IG Unfiltered, led by Meta; a Galaxy Watch8 spotlight, led by Sung Chang, Executive Vice President of Brand Marketing, Mobile eXperience (MX) Business at Samsung Electronics; and a Galaxy Z Fold7 and Galaxy Z Flip7 spotlight, led by Matthew Leem, Vice President of Brand Marketing, Mobile eXperience (MX) Business at Samsung Electronics. These sessions provided deeper insight into Galaxy’s brand philosophy and technology, along with creative tips to elevate influencer content.
     
    The #TeamGalaxy influencers then split into three themed groups — health, camera and gaming — to reinterpret the new devices’ advanced hardware and Galaxy AI features in their own unique ways.
     
    ▲ Sung Chang leads a talk session with creators.

     
    Running With Galaxy RunnerzZz
    On July 10, the “Galaxy RunnerzZz in NYC” event started as part of a global challenge promoting the values of rest, rise and run — all tracked through the Galaxy Watch. More than 70 #TeamGalaxy influencers ran alongside local runners, half-marathon world record holder Jacob Kiplimo and freestyle skier Alex Hall.
     
    Participants tracked their Energy Score with the Galaxy Watch8 and captured the experience using the Galaxy Z Fold7 and Galaxy Z Flip7 before completing a 3.5- or 7.09-kilometer course.
     
    “Running as a team with people from all over the world was incredible,” said one influencer. “Thanks to the Galaxy Watch8’s pace guidance feature, I was able to finish without overexerting myself.”
     
    ▲ #TeamGalaxy influencers take a group selfie before the run, pose with Jacob Kiplimo at the photo wall and show off their medals.
     
    ▲ #TeamGalaxy influencers celebrate their finish at the after-race party.
     
     
    Collaborating Creatively With the Galaxy Z Fold7
    Meanwhile, #TeamGalaxy camera influencers teamed up with rising directors from a local film school for “The Ultra City Tales, Unfolds” project. The short film, shot entirely on the Galaxy Z Fold7, highlighted the device’s ultra-level camera capabilities and its suitability for high-quality filmmaking.
     
    At the same time, #TeamGalaxy gaming influencers visited a New York gaming café to challenge local gamers — showcasing the Galaxy Z Fold7’s immersive large-screen experience and powerful performance, even while folded.
     
    ▲ #TeamGalaxy member @clementinem_ytb shares filming tips with an aspiring director using the Galaxy Z Fold7; #TeamGalaxy member @keenanlam reviews footage shot on the Galaxy Z Fold7 with a film student; and #TeamGalaxy member @hammybanks plays with a local gamer on the Galaxy Z Fold7’s large display.
     
     
    Remembering #TeamGalaxy Connect 2025
    At the farewell dinner marking the end of the three-day experience, #TeamGalaxy influencers celebrated their content achievements and received awards for outstanding work.
     
    The event offered a meaningful opportunity to explore the Galaxy Z Fold7, Galaxy Z Flip7 and Galaxy Watch8 while creating original content that brought the Galaxy brand to life. Samsung looks forward to #TeamGalaxy influencers continuing to share the innovation and creativity of Galaxy with audiences worldwide.
     
    ▲ Winners of the Galaxy Z Fold7 and Galaxy Z Flip7 “Ultra Unfolds” and the Galaxy Watch8 “Galaxy RunnerzZz” content awards. (From left: @catriona_gray, @perrykuan, @uekan2b, @granthinds, @bilgesuisik, @drexlee @joaoalmeidac, @andymtzurita, @mikkitygram, @kovirami_fit, @lutajuci_putnik, @kim.gottwald and David Moon, Head of Influencer Marketing, Mobile eXperience (MX) Business at Samsung Electronics)
     
    ▲ #TeamGalaxy member @uekan2b compares the Galaxy Z Fold7’s sleek design to New York’s architecture (left and center). #TeamGalaxy member @granthinds reimagines the city using Audio Eraser and Generative Edit in his evocative short, Alone in New York (right). Winning entries are featured on the official Samsung Mobile Instagram.

    MIL OSI Global Banks

  • MIL-OSI Africa: Introducing Alvenco Advisory: Guiding Strategic Investment in Namibia’s Energy Future

    Source: APO

    With Namibia set to start oil production by 2029, the country is witnessing a surge in global investments across its exploration and production landscape. From global energy majors to leading independents to regional energy companies and financiers, energy firms are ramping up their investments in what is poised to become the next major African producer. As international investors navigate Namibia’s evolving energy and mining industries, the newly-launched Alvenco Advisory will support companies as they expand their presence across the southern African country.  

    Spearheaded by Namibia’s former-Minister of Mines and Energy Tom Alweendo, Alvenco Advisory represents the partner of choice for global companies seeking to make forays into Namibia. As a strategic advisory firm, Alvenco Advisory is committed to shaping investments that are profitable, inclusive and sustainable. The company will work closely with government stakeholders and global companies, aligning closely with the country’s energy goals by offering policy and regulatory support, strong alignment with national priorities, local stakeholder engagement and ESG focus as well as strategies for shared value and long-term returns. As Namibia embarks on its next chapter of energy development Alvenco Advisory has emerged as a strong partner for global investors.

    The launch of Alvenco Advisory comes as Namibia accelerates the development of offshore oil and gas discoveries made in the Orange Basin. TotalEnergies targets a final investment decision for its Venus discovery in 2026, with first oil expected in 2029. Galp is making progress with the development of the Mopane field following a string of positive results at exploration wells drilled in 2024 and 2025. The latest of these – the Mopane 3S well – revealed the presence of light oil and gas condensate. On the exploration front, Rhino Resources is making strides towards field development following a discovery at the Capricornus-1X well in April 2025 and the confirmation of a hydrocarbon reservoir at the Sagittarius-1X well in February 2025. Halliburton is set to drill two exploration wells at Block 2914 in PEL 85 while Stamper Oil & Gas Corp is also pursuing exploration projects in the Orange and Lüderitz Basins. Chevron is spearheading exploration in the Walvis Basin following its acquisition of an 80% stake in Blocks 2112B and 2212A. These investments seek to unlock a new hydrocarbon province in southern Africa.

    Namibia’s energy transformation comes not only from its oil and gas industry but its bold steps into green hydrogen. The country seeks to reach green hydrogen volumes of between 10-15 million tons per annum by 2050 and is working closely with global partners to achieve this goal. Major projects include the country’s flagship $10 billion flagship Hyphen Hydrogen Energy project – targeting 350,000 tons of green hydrogen annually – and the Daures Green Hydrogen Village – targeting 700,000 tons per annum after 2032. In addition to Hyphen, Namibia is already producing hydrogen from the Hylron Oshivela Project. The project started operations in March 2025, producing green hydrogen using 12 MW of electrolyzer capacity.  Meanwhile, a partnership between the European Union and Namibia – forged in early 2025 – is set to drive up to $12 billion in European private investments into the country in support of its green hydrogen goals. As this investment flows into Namibia, Alvenco Advisory stands ready to support companies as they navigate policy, national priorities and local stakeholder engagement.

    “Namibia is on the cusp of extraordinary change. With major oil discoveries and bold steps into green hydrogen, we have a unique opportunity and responsibility to ensure that our natural resources uplift all Namibians. Alvenco Advisory will not only support global investors in Namibia, but ensure their investments unlock tangible opportunities for the people of Namibia. At Alvenco Advisory, we are committed to driving inclusive and sustainable projects. We are here to align the goals of governments and investing companies – if you’re investing in Namibia or thinking about it let’s talk,” states Alweendo.  

    Alweendo has held various positions in Namibia, including Governor of the Bank of Namibia, Director General of the National Planning Commission and Minister in Charge of the National Planning Commission. In 2018, he was appointed Minister of Mines and Energy. His term ended in 2025. In this role, he oversaw all of the country’s major oil discoveries, and since these milestones, has maintained investor confidence through competitive policies, engagement with international operators and flexible investment structures. This laid the foundation for future growth across the market, setting the country up for continued success in the oil, gas and broader energy sectors.

    To learn more about Alvenco Advisory, visit www.AlvencoAdvisory.com.

    Distributed by APO Group on behalf of African Energy Chamber.

    Media files

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    MIL OSI Africa

  • MIL-OSI United Kingdom: UK hammers Putin’s energy revenues with fresh sanctions

    Source: United Kingdom – Government Statements

    Press release

    UK hammers Putin’s energy revenues with fresh sanctions

    Fresh sanctions ramp up pressure on Russia’s critical oil industry and hit Putin’s creaking shadow fleet operation.  

    • UK announces 137 sanctions targeting Putin’s critical energy and oil sectors.  
    • New sanctions will disrupt the flow of oil money into Putin’s war chest and strand more of his beleaguered shadow fleet.  
    • Today’s action comes as the UK and EU lowered the Crude Oil Price Cap further disrupting the flow of oil money into Putin’s war chest.  

    The 137 targets strike at the heart of Russia’s energy sector, restricting Putin’s access to key oil revenues bankrolling his illegal war in Ukraine.  

    The new sanctions further crack down on Putin’s shadow fleet operations, targeting 135 oil tankers which form part of the fleet responsible for illicitly carrying $24 billion worth of cargo since the start of 2024.   

    Today’s action also tightens the net around those enabling Russia’s illicit shadow fleet oil trade, hitting INTERSHIPPING SERVICES LLC, responsible for registering shadow fleet vessels under the banner of the Gabonese flag, resulting in these vessels transporting up to $10 billion worth of goods on behalf of the Russian state per year. Sanctions also target LITASCO MIDDLE EAST DMCC, which is linked to Russian oil major Lukoil, for its ongoing role in moving large volumes of Russian oil on shadow fleet vessels.  

    Every attack we launch against Russia’s critical oil industry is another step towards securing a lasting peace in Ukraine, and a step towards security in the UK and beyond. Keeping the country safe is this government’s priority and is an integral part of the Prime Minister’s Plan for Change. 

    Foreign Secretary David Lammy said:   

    New sanctions will further dismantle Putin’s shadow fleet and drain Russia’s war chest of its critical oil revenues.  

    As Putin continues to stall and delay on serious peace talks, we will not stand idly by. We will continue to use the full might of our sanctions regime to ratchet up economic pressure at every turn and stand side by side with Ukraine.    

    This announcement further demonstrates the UK’s tough approach to those who continue to prop up Putin’s oil industry, enable his shadow fleet operation and aid and abet his illegal war in Ukraine.  

    To date western sanctions have resulted in Russia’s oil and gas revenues falling every year since 2022 – losing over a third of its value in three years. Sanctions and the cost of Putin’s barbaric war are causing the Russian economy to stall – with the wealth fund hollowed out, inflation rising and government spend on defence and security spiralling.  

    Today’s action comes as the UK and EU lowered the Crude Oil Price Cap disrupting the flow of oil money into Putin’s war chest and striking at the heart of his oil revenues.   

    Background   

    • A full list of today’s targets can be found here

    Updates to this page

    Published 21 July 2025

    MIL OSI United Kingdom

  • MIL-OSI: PAXMINING and Kraken Partner to Launch Daily Income Crypto Solution

    Source: GlobeNewswire (MIL-OSI)

    London, UK, July 21, 2025 (GLOBE NEWSWIRE) — As the cryptocurrency market continues to surge in 2025,  (BTC) breaking through $123,000 and XRP soaring 26% to $2.93, global investors are increasingly seeking high-yield, low-barrier crypto investment opportunities. The world’s leading cryptocurrency exchange Kraken and premier cloud mining platform PAXMINING have announced a strategic partnership, officially launching a “One-Click Mining” service. This collaboration marks the dawn of a “zero-cost” cloud mining era, offering global users a secure, transparent, and sustainable path to passive income.

    PAXMINING: Redefining the Gold Standard in Cloud Mining

    Established in 2017 and headquartered in London, UK, PAXMINING leverages AI-driven technology and 100% renewable energy to deliver a secure, green, and transparent cloud mining platform. Serving over 8 million users across 190+ countries, PAXMINING operates more than 70 high-performance green mining farms powered by hydropower, wind, and solar energy. This approach significantly reduces operational costs while promoting sustainability in the blockchain industry.

    PAXMINING’s Six Core Advantages

    Zero-Entry Barrier: No need to purchase expensive mining rigs or pay electricity fees. New users receive a $15 welcome bonus upon registration to start mining instantly.

    Multi-Currency Support: Supports mining of BTC, ETH, XRP, DOGE, USDT, USDC, SOL, LTC, BCH, and 9+ other major cryptocurrencies, allowing flexible switching to seize market opportunities.

    Green Energy-Powered: Utilizes 100% renewable energy, aligning with global carbon-neutral goals, reducing costs, and enhancing long-term profitability.

    High Transparency and Security: Blockchain smart contracts ensure transparent earnings, with enterprise-grade wallet custody and multi-layer encryption safeguarding funds.

    User-Friendly Platform: Intuitive interface designed for beginners and seasoned investors alike, requiring no technical expertise.

    No Hidden Fees: Transparent pricing with no additional service or management fees; earnings are settled daily and credited directly to user accounts.

    Strategic partnership with Kraken

    PAXMINING and Kraken have partnered to enable users to seamlessly participate in cloud mining through their Kraken accounts and benefit from the strong security and liquidity of the Kraken exchange. Kraken’s compliance and global reputation lay a solid foundation for PAXMINING’s cloud mining services, ensuring user trust and a convenient operation experience.

    PAXMINING Cloud Mining Contracts: Flexible Options, High Returns

    PAXMINING offers a range of mining contracts to meet the needs of different risk preferences and budgets. Here is an overview of the popular contracts in 2025:

    Contract Project Investment Amount The term Total revenue
    WhatsMiner M50S+ $100 2days $100+$6
    Canaan Avalon miner A14 $500 7days $500+$43.40
    WhatsMiner M60S+ $1,300 15days $1,300+$253.5
    ALPH Miner AL1 $3,500 30days $3,500+$948‬
    Bitcoin Miner S21 XP Imm  $8,000 35days $8,000+$4424
    Bitcoin Miner S21 XP Hyd $12,800 40 days $12,800+$8,601

    (Earnings begin accumulating the next day after contract purchase, with real-time profit tracking available in your dashboard. Explore more contract options at PAXMINING official website.)

    2025 Wealth Opportunities: Seize the Cloud Mining Boom

    As Bitcoin’s market cap exceeds $2.4 trillion and cryptocurrencies such as XRP and DOGE continue to rise, PAXMINING’s cloud mining service provides investors with a stable source of income without speculative trading. The platform uses an AI-optimized computing power allocation mechanism that can be dynamically adjusted according to market and network conditions to ensure that users maximize their returns.

    A PAXMINING spokesperson said: “Our mission is to democratize access to the cryptocurrency economy and share wealth opportunities with everyone. From $100 trial plans to high-yield contracts, PAXMINING provides secure and transparent solutions for users around the world.”

    Join PAXMINING now and start your wealth journey

    New users only need to follow the steps below:
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    The MIL Network

  • MIL-OSI Submissions: Africa’s minerals are being bartered for security: why it’s a bad idea

    Source: The Conversation – Africa (2) – By Hanri Mostert, SARChI Chair for Mineral Law in Africa, University of Cape Town

    A US-brokered peace deal between the Democratic Republic of Congo (DRC) and Rwanda binds the two African nations to a worrying arrangement: one where a country signs away its mineral resources to a superpower in return for opaque assurances of security.

    The peace deal, signed in June 2025, aims to end three decades of conflict between the DRC and Rwanda.

    A key part of the agreement binds both nations to developing a regional economic integration framework. This arrangement would expand cooperation between the two states, the US government and American investors on “transparent, formalized end-to-end mineral chains”.

    Despite its immense mineral wealth, the DRC is among the five poorest countries in the world. It has been seeking US investment in its mineral sector.

    The US has in turn touted a potential multi-billion-dollar investment programme to anchor its mineral supply chains in the traumatised and poor territory.

    The peace that the June 2025 deal promises, therefore, hinges on chaining mineral supply to the US in exchange for Washington’s powerful – but vaguely formulated – military oversight.

    The peace agreement further establishes a joint oversight committee – with representatives from the African Union, Qatar and the US – to receive complaints and resolve disputes between the DRC and Rwanda.

    But beyond the joint oversight committee, the peace deal creates no specific security obligations for the US.

    The relationship between the DRC and Rwanda has been marred by war and tension since the bloody First (1996-1997) and Second (1998-2003) Congo wars. At the heart of much of this conflict is the DRC’s mineral wealth. It has fuelled competition, exploitation and armed violence.

    This latest peace deal introduces a resources-for-security arrangement. Such deals aren’t new in Africa. They first emerged in the early 2000s as resources-for-infrastructure transactions. Here, a foreign state would agree to build economic and social infrastructure (roads, ports, airports, hospitals) in an African state. In exchange, it would get a major stake in a government-owned mining company. Or gain preferential access to the host country’s minerals.

    We have studied mineral law and governance in Africa for more than 20 years. The question that emerges now is whether a US-brokered resources-for-security agreement will help the DRC benefit from its resources.

    Based on our research on mining, development and sustainability, we believe this is unlikely.

    This is because resources-for-security is the latest version of a resource-bartering approach that China and Russia pioneered in countries such as Angola, the Central African Republic and the DRC.

    Resource bartering in Africa has eroded the sovereignty and bargaining power of mineral-rich nations such as the DRC and Angola.

    Further, resources-for-security deals are less transparent and more complicated than prior resource bartering agreements.

    DRC’s security gaps

    The DRC is endowed with major deposits of critical minerals like cobalt, copper, lithium, manganese and tantalum. These are the building blocks for 21st century technologies: artificial intelligence, electric vehicles, wind energy and military security hardware. Rwanda has less mineral wealth than its neighbour, but is the world’s third-largest producer of tantalum, used in electronics, aerospace and medical devices.

    For almost 30 years, minerals have fuelled conflict and severe violence, especially in eastern DRC. Tungsten, tantalum and gold (referred to as 3TG) finance and drive conflict as government forces and an estimated 130 armed groups vie for control over lucrative mining sites. Several reports and studies have implicated the DRC’s neighbours – Rwanda and Uganda – in supporting the illegal extraction of 3TG in this region.

    The DRC government has failed to extend security over its vast (2.3 million square kilometres) and diverse territory (109 million people, representing 250 ethnic groups). Limited resources, logistical challenges and corruption have weakened its armed forces.

    This context makes the United States’ military backing enormously attractive. But our research shows there are traps.

    What states risk losing

    Resources-for-infrastructure and resources-for-security deals generally offer African nations short-term stability, financing or global goodwill. However, the costs are often long-term because of an erosion of sovereign control.

    Here’s how this happens:

    Examples of loss or near-loss of sovereignty from these sorts of deals abound in Africa.

    For instance, Angola’s US$2 billion oil-backed loan from China Eximbank in 2004. This was repayable in monthly deliveries of oil, with revenues directed to Chinese-controlled accounts. The loan’s design deprived Angolan authorities of decision-making power over that income stream even before the oil was extracted.

    These deals also fragment accountability. They often span multiple ministries (such as defence, mining and trade), avoiding robust oversight or accountability. Fragmentation makes resource sectors vulnerable to elite capture. Powerful insiders can manipulate agreements for private gain.

    In the DRC, this has created a violent kleptocracy, where resource wealth is systematically diverted away from popular benefit.

    Finally, there is the risk of re-entrenching extractive trauma. Communities displaced for mining and environmental degradation in many countries across Africa illustrate the long-standing harm to livelihoods, health and social cohesion.

    These are not new problems. But where extraction is tied to security or infrastructure, such damage risks becoming permanent features, not temporary costs.

    What needs to change

    Critical minerals are “critical” because they’re hard to mine or substitute. Additionally, their supply chains are strategically vulnerable and politically exposed. Whoever controls these minerals controls the future. Africa must make sure it doesn’t trade that future away.

    In a world being reshaped by global interests in critical minerals, African states must not underestimate the strategic value of their mineral resources. They hold considerable leverage.

    But leverage only works if it is wielded strategically. This means:

    • investing in institutional strength and legal capacity to negotiate better deals

    • demanding local value creation and addition

    • requiring transparency and parliamentary oversight for minerals-related agreements

    • refusing deals that bypass human rights, environmental or sovereignty standards.

    Africa has the resources. It must hold on to the power they wield.

    Hanri Mostert receives funding from the National Research Foundation (NRF) of South Africa. She is a member of the Expropriation Expert Group and a steering committee member of the International Bar Association’s (IBA) Academic Advisory Group (AAG) in the Sector for Energy, Environmental, Resources and Infrastructure Law (SEERIL).

    Tracy-Lynn Field receives funding from the Claude Leon Foundation. She is a non-executive director of the Wildlife and Environment Society of South Africa.

    ref. Africa’s minerals are being bartered for security: why it’s a bad idea – https://theconversation.com/africas-minerals-are-being-bartered-for-security-why-its-a-bad-idea-260594

    MIL OSI

  • MIL-OSI Africa: Unlocking Africa’s E-Mobility Future: Upcoming Webinar on Public Transport Electrification

    Source: APO

    Electrifying public transport is no longer just an aspiration for Africa—it is rapidly becoming a reality. On Wednesday, 23 July 2025, stakeholders from across the continent and beyond will convene virtually to explore the path forward in a high-impact webinar where industry experts discuss “The Future of Public Transport Electrification in Africa: Opportunities, Trends and Challenges.”

    The webinar will focus on unlocking practical solutions and scalable models to accelerate the shift to zero-emission mobility—particularly electric buses and paratransit systems, which form the backbone of Africa’s urban mobility landscape.

    Key Themes:

    • Energy and Charging Infrastructure
      Practical strategies for grid preparedness, depot-based and on-route charging, and strengthening public-private collaboration.
    • Innovative Procurement Models
      An exploration of models such as leasing, pay-as-you-go, and city-led ownership—what’s working, and where?
    • Electrifying Paratransit
      Addressing one of Africa’s most vital and informal transport systems—minibus taxis and other modes—and how e-mobility can integrate meaningfully into this space.

    Moderator:

    Prian Reddy, Senior Programme Manager: Zero Emission Buses (Africa), C40 Cities

    Expert Panel:

    • Hans van Toor, Strategy & Innovation, Roam
    • Moses Nderitu, Managing Director, BasiGo
    • Justin Coetzee, Founder, GoMetro

    Why You Should Attend:

    • Hear real-world insights from cities and transport operators already rolling out electric buses.
    • Learn about infrastructure readiness, energy strategies, and funding models fit for African cities.
    • Explore how electrification can include and uplift paratransit and informal transport sectors.
    • Connect with the experts and decision-makers shaping Africa’s low-carbon transport future.

    This event is designed for public officials, transport authorities, urban planners, mobility innovators, infrastructure investors, and all professionals interested in the continent’s clean, just energy transition.

    Join us for a crucial conversation that will help define the next phase of Africa’s transport transformation.

    Date: Wednesday, 23 July 2025
    Time: 10:00 WAT / 11:00 SAST & CAT / 12:00 EAT
    Register here: https://apo-opa.co/44GYAlJ

    Distributed by APO Group on behalf of VUKA Group.

    Additional Information:
    Link to Webinar: https://apo-opa.co/44GYAlJ 
    LinkedIN: https://apo-opa.co/4f24pxt 
    Website: https://apo-opa.co/40vphHw 
    Draft Programme: https://apo-opa.co/4f0Nxr4

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    MIL OSI Africa