Category: Energy

  • MIL-OSI Canada: PS Hogan to Announce Investments in Alberta’s Forests

    Source: Government of Canada News

    CALGARY — Corey Hogan, Parliamentary Secretary to the Minister of Energy and Natural Resources, will announce investments to help regenerate Alberta’s forests. Media availability will follow. 

    Date: July 21, 2025

    Time: 10 a.m. MT

    All accredited media are asked to pre-register by emailing media@nrcan-rncan.gc.ca. Details on how to participate will be provided upon registration.

    MIL OSI Canada News

  • PM Modi launches ₹5,400 crore development projects in Durgapur, boosting West Bengal’s infrastructure and economic growth

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi laid the foundation stone, inaugurated, and dedicated development projects worth over ₹5,400 crore in Durgapur, West Bengal, marking a significant step toward strengthening the region’s infrastructure and economic growth. Addressing a gathering in the Steel City, known for its robust labor force, the Prime Minister highlighted Durgapur’s pivotal role in India’s development journey. He emphasized that the projects launched will enhance connectivity, promote a gas-based economy, and reinforce Durgapur’s industrial identity while aligning with the vision of “Make in India, Make for the World.” The initiatives are expected to create numerous employment opportunities for the youth of West Bengal.

    PM Modi underscored that India’s resolve to become a developed nation by 2047, or Viksit Bharat, is a focal point of global discussions, driven by transformative changes in infrastructure. He highlighted the government’s achievements over the past decade, including the construction of over 4 crore pucca houses, crores of toilets, more than 12 crore tap water connections, thousands of kilometers of new roads and highways, new railway lines, airports in small towns, and widespread internet access reaching villages and households. In West Bengal, he noted significant advancements in rail connectivity, with the state leading in operating Vande Bharat trains, expanding the Kolkata Metro, and modernizing railway stations. The inauguration of two road overbridges in Paschim Bardhaman under the Setu Bharatam Programme, worth over ₹380 crore, will further ease travel and enhance safety by reducing accidents at railway crossings.

    The Prime Minister emphasized the integration of Durgapur’s airport into the UDAN scheme, which has facilitated over 5 lakh passenger journeys in the past year. He noted that such infrastructure not only improves convenience but also generates employment, with even the production of raw materials for these projects creating substantial job opportunities.

    In the energy sector, PM Modi highlighted India’s unprecedented progress in gas connectivity over the past decade, with LPG reaching households nationwide and earning global recognition. He outlined the government’s “One Nation, One Gas Grid” vision through the Pradhan Mantri Urja Ganga Yojana, which includes laying gas pipelines across six eastern states, including West Bengal. The Durgapur to Kolkata section of the Durgapur-Haldia Natural Gas Pipeline, worth over ₹1,190 crore, was dedicated to the nation, passing through Purba Bardhman, Hooghly, and Nadia districts. This pipeline will supply natural gas to lakhs of households, enable CNG for vehicles, and support gas-based industrial technologies. Additionally, the foundation stone for Bharat Petroleum Corp. Ltd’s City Gas Distribution project in Bankura and Purulia, worth around ₹1,950 crore, was laid to provide piped natural gas to households, commercial establishments, and industries, further boosting employment.

    The Prime Minister also dedicated retrofitting pollution control systems (Flue Gas Desulphurization) at the Durgapur Steel Thermal Power Station and Raghunathpur Thermal Power Station, worth over ₹1,457 crore. These upgrades enhance efficiency, support cleaner energy production, and position the plants to compete globally. The doubling of the Purulia-Kotshila Rail Line, worth over ₹390 crore, was also dedicated, improving connectivity for industries in Jamshedpur, Bokaro, Dhanbad, Ranchi, and Kolkata, reducing travel time, and streamlining logistics.

    PM Modi reiterated that India’s progress in factories and fields is driven by a unified resolve to achieve a developed nation by 2047. He outlined the government’s approach: empowerment through development, self-reliance through employment, and good governance through responsiveness. The Prime Minister expressed confidence that these efforts will position West Bengal as a strong engine of India’s development journey.

  • MIL-OSI USA: Rep. Norcross Votes ‘NO’ on Trump-Republican Cuts to Humanitarian Aid, Infectious Disease Prevention, Public Broadcasting

    Source: United States House of Representatives – Congressman Donald Norcross (1st District of New Jersey)

    WASHINGTON, DC — Today, Congressman Donald Norcross (D-NJ) voted against the Trump-Republican rescissions package to cut humanitarian aid, infectious disease prevention, and public broadcasting.  

    “I voted against the disastrous Trump-Republican cuts that would take away food from hungry kids, make it easier for infectious diseases to spread, make America less safe, and cut off rural communities’ access to emergency information and severe weather alerts. It’s a reckless bill that puts billionaires first and working families last,” said Congressman Donald Norcross. “The cuts do nothing to address the cost-of-living crisis and only continue the efforts by Elon Musk’s Department of Government Efficiency (DOGE) to starve the American people of government resources and weaken the United States’ power on the world stage.” 

    The Trump-Republican Recissions Package would result in:  

    • $1.1 billion in cuts to PBS funding, hurting families who rely on public TV and radio to support their children’s education and stay informed about the day’s news.  
    • $500 million in cuts to USAID Global Health Programs that prevent the spread of infectious diseases across the world and into the U.S. 
    • $202 million in cuts to UN-affiliated organizations such as the International Atomic Energy Agency, which monitors nuclear weapons and chemical weapons in Iran. 
    • 142 million in cuts to the United Nations’ Children’s Fund (UNICEF), a program that provides humanitarian aid to children in developing nations. 
    • $22 million in cuts to the African Development Foundation, which provides food to starving kids. 

    ### 

    MIL OSI USA News

  • MIL-OSI USA: Rep. Norcross Votes ‘NO’ on Trump-Republican Cuts to Humanitarian Aid, Infectious Disease Prevention, Public Broadcasting

    Source: United States House of Representatives – Congressman Donald Norcross (1st District of New Jersey)

    WASHINGTON, DC — Today, Congressman Donald Norcross (D-NJ) voted against the Trump-Republican rescissions package to cut humanitarian aid, infectious disease prevention, and public broadcasting.  

    “I voted against the disastrous Trump-Republican cuts that would take away food from hungry kids, make it easier for infectious diseases to spread, make America less safe, and cut off rural communities’ access to emergency information and severe weather alerts. It’s a reckless bill that puts billionaires first and working families last,” said Congressman Donald Norcross. “The cuts do nothing to address the cost-of-living crisis and only continue the efforts by Elon Musk’s Department of Government Efficiency (DOGE) to starve the American people of government resources and weaken the United States’ power on the world stage.” 

    The Trump-Republican Recissions Package would result in:  

    • $1.1 billion in cuts to PBS funding, hurting families who rely on public TV and radio to support their children’s education and stay informed about the day’s news.  
    • $500 million in cuts to USAID Global Health Programs that prevent the spread of infectious diseases across the world and into the U.S. 
    • $202 million in cuts to UN-affiliated organizations such as the International Atomic Energy Agency, which monitors nuclear weapons and chemical weapons in Iran. 
    • 142 million in cuts to the United Nations’ Children’s Fund (UNICEF), a program that provides humanitarian aid to children in developing nations. 
    • $22 million in cuts to the African Development Foundation, which provides food to starving kids. 

    ### 

    MIL OSI USA News

  • MIL-OSI USA: Tax credits drive carbon capture deployment in our Annual Energy Outlook

    Source: US Energy Information Administration

    In-brief analysis

    July 18, 2025

    Data source: U.S. Energy Information Administration, Annual Energy Outlook 2025 (AEO2025)


    In our recently published Annual Energy Outlook 2025 (AEO2025), we introduce our new Carbon Capture, Allocation, Transportation, and Sequestration module (CCATS), which allows us to model carbon capture in the coming decades.

    The CCATS module allocates projected supply of captured CO2 across the energy system for either enhanced oil recovery or geologic storage using a network representation of capture facilities, transshipment points, and sequestration sites.

    In AEO2025, we project CO2 capture at electric power and industrial facilities will increase through the 2030s, primarily due to increased tax credit values. Captured emissions peak at 1.5%–3.5% of energy emissions in the late 2030s in most cases.

    In most of our cases, we considered laws and regulations in place as of December 2024, which meant including tax credit values implemented under the 2022 Inflation Reduction Act (IRA). We did not include changes in the recent One Big Beautiful Bill Act (OBBBA), which essentially preserved tax credits for carbon capture but made them more generous in the case of utilization.

    Under the IRA, developers could claim the tax credits, known as 45Q, for projects that begin construction before January 1, 2033, for up to 12 years once placed in service. The 12-year period will end between the late 2030s through the mid-2040s. We project CO2 capture will decrease as the tax credits expire through 2050 across all AEO2025 cases.

    How do CO2 capture rates look through 2050?
    Projected peak CO2 capture amounts vary by AEO2025 case. In the Reference case, CO2 capture peaks at just under 71 million metric tons (MMmt) in 2039, or about 2% of overall energy emissions. Projected peak captured emissions are lowest in the Alternative Electricity case, at 56 MMmt in 2037, and highest in the High Oil Price case, at 122 MMmt in 2039.

    Our Alternative Electricity case has less carbon capture activity because it does not model Clean Air Act 111 regulations implemented in 2024, which effectively require carbon capture for coal and natural gas power plants. The U.S. Environmental Protection Agency recently proposed to repeal the rule.

    Data source: U.S. Energy Information Administration, Annual Energy Outlook 2025
    Note: ZTC= Zero-Carbon Technology Cost


    Historically, most CO2 capture has occurred at ethanol and natural gas processing plants. We project CO2 capture at coal power plants, natural gas power plants, and hydrogen facilities to surpass these industries across many of the AEO2025 cases. In addition, we project that no bioenergy with carbon capture and storage is deployed in any of our cases, and CO2 capture at cement facilities remains small—between 1 MMmt and 2.5 MMmt in 2035.

    How will CO2 be sequestered?
    We modeled CO2 sequestered in saline storage—deep underground formations containing saltwater—and injected into oil fields to increase output, a process known as enhanced oil recovery (EOR). The 45Q tax credit under the IRA was $60 per metric ton of CO2 for EOR and $85 per metric ton for saline storage. The recently passed OBBBA increased the value of the credit for EOR to $85 per metric ton, but the new value is not included in our analysis.

    In all our cases, we project captured CO2 sent to saline storage will increase through the mid- to late-2030s. In the Reference case, we project CO2 sequestered in saline storage will increase from essentially none in 2024 to 52 MMmt in 2040. Less CO2 is sequestered in saline formations after 2041 as the 45Q tax credits expire because we do not model other sources of revenue.

    We project CO2 sequestered for EOR sites will increase in the Reference case from 12 MMmt of CO2 in 2024 to 26 MMmt of CO2 in 2044. The amount of CO2 sequestered at EOR sites through the projection period stays relatively steady because revenue from increased oil production supports the projects even after 45Q tax credits expire.

    What portion of emissions is captured and sequestered?

    Data source: U.S. Energy Information Administration, Annual Energy Outlook 2025


    CO2 capture remains small relative to overall energy emissions across AEO2025 cases. We project that for the electric power sector, gross emissions decline in all cases while CO2 capture increases. Peak CO2 capture in the electric power sector ranges from 2.8% to 15.6% of sector emissions, depending on the AEO2025 case. In the industrial sector, we project that gross CO2 emissions increase in most cases and captured CO2 emissions remain low. Peak CO2 capture ranges from 2.6% to 3.9% of industrial sector emissions in our projections.

    Previous Today in Energy articles for the AEO2025 presented key findings on crude oil and natural gas exports, energy consumption growth, and electricity use for commercial computing.

    Principal contributors: Will Sommer, Jeff Bennett, Kendyl Partridge, Anna Cororaton

    MIL OSI USA News

  • MIL-OSI: GoldenMining Officially Launches Innovative XRP-Based Cloud Mining Contracts with Daily Earnings Potential of $9,700

    Source: GlobeNewswire (MIL-OSI)

    New York, US, July 18, 2025 (GLOBE NEWSWIRE) — GoldenMining, a leading digital asset mining service provider based in London, has officially launched a groundbreaking XRP-based cloud mining product designed to offer stable daily income to crypto investors. This innovative offering leverages the strength of XRP’s current bull run and provides an accessible, secure, and profitable alternative to traditional mining and passive coin holding.

     A New Chapter in Crypto Mining: Powered by XRP

    With XRP soaring past $3.60 and its market capitalization approaching $200 billion, the cryptocurrency is capturing attention globally. Technical analysts forecast the price could reach $10 by year-end, especially with Bitcoin consolidating at the $120,000 resistance level. Amid this bullish momentum, GoldenMining is offering a timely and strategic opportunity to benefit from the market surge—without owning or maintaining any mining hardware.

    What Is an XRP Cloud Mining Contract?

    GoldenMining’s XRP cloud mining contracts allow users to purchase mining services using XRP directly from their wallets, eliminating the need for physical mining devices or technical maintenance. Once a contract is activated, mining operations are executed on behalf of the user, and returns begin within 24 hours.

    This model not only simplifies the mining process but also offers a hedge against inflation and currency depreciation, positioning itself as a secure and sustainable income stream in the volatile crypto space.

    XRP Purchase Contract Recommendation

    contract Investment Amount Contract Rewards Total income
    Daily Sign-in Rewards $15 $0.6 $15.6
    New User Contract  $100 $3 $106
    Bitmain S23 Hyd $650 $42.25 $692.25
    AntminerL917GH $1800   $287.28 $2087.28
    L916GH $4500  $1890 $6390
    ElphaPex DG Hydro1 $7800 $3346 $11146
    Elphapex DG2 $12000 $8100 $20100

    How to participate in XRP contract purchase

    1. Register an account and get a $15 reward immediately without paying any fees. This reward can be used to test run the XRP cloud mining contract to help users quickly understand the platform operation and profit model

    2. Choose a contract that suits you

    Users can recharge XRP to the platform account through the wallet. The system supports a variety of mainstream cryptocurrencies: Dogecoin (DOGE), Bitcoin (BTC), Ethereum (ETH), SOL, Ripple (XRP), US Dollar (USDC), etc. Subsequently, users can choose the XRP contract that suits their needs (such as 2 days, 5 days, 12 days or longer periods), and the amount and term can be flexibly selected.

    3. After the contract is activated, the system will automatically settle the mining income into the account every day, without manual operation by the user, and the income can be generated within 24 hours and can be withdrawn or reinvested at any time.

    Fund security: At GoldenMining, user funds are securely stored in top banks, and all user personal information is protected by SSL encryption. The platform provides insurance coverage by AIG Insurance Company for each investment

    XRP’s bull market is coming. GoldenMining’s cloud mining contracts launched in combination with XRP are gaining favor among investors.

    Faced with the increasingly complex environment of the crypto market, GoldenMining has always insisted on putting users first and is committed to creating a safe, stable and transparent cloud mining experience for investors. With years of industry experience and high-end technical equipment, the platform continues to optimize contract products to meet the needs of different investors. In the future, GoldenMining will continue to pay attention to market changes, improve the risk control system, and will recruit more market analysts to help more users analyze market trends, investment needs and other issues.

    For more information, please visit the official website: www.Goldenmining.com
    For business cooperation, please contact the official email: info@Goldenmining.com

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

    The MIL Network

  • MIL-OSI: GoldenMining Officially Launches Innovative XRP-Based Cloud Mining Contracts with Daily Earnings Potential of $9,700

    Source: GlobeNewswire (MIL-OSI)

    New York, US, July 18, 2025 (GLOBE NEWSWIRE) — GoldenMining, a leading digital asset mining service provider based in London, has officially launched a groundbreaking XRP-based cloud mining product designed to offer stable daily income to crypto investors. This innovative offering leverages the strength of XRP’s current bull run and provides an accessible, secure, and profitable alternative to traditional mining and passive coin holding.

     A New Chapter in Crypto Mining: Powered by XRP

    With XRP soaring past $3.60 and its market capitalization approaching $200 billion, the cryptocurrency is capturing attention globally. Technical analysts forecast the price could reach $10 by year-end, especially with Bitcoin consolidating at the $120,000 resistance level. Amid this bullish momentum, GoldenMining is offering a timely and strategic opportunity to benefit from the market surge—without owning or maintaining any mining hardware.

    What Is an XRP Cloud Mining Contract?

    GoldenMining’s XRP cloud mining contracts allow users to purchase mining services using XRP directly from their wallets, eliminating the need for physical mining devices or technical maintenance. Once a contract is activated, mining operations are executed on behalf of the user, and returns begin within 24 hours.

    This model not only simplifies the mining process but also offers a hedge against inflation and currency depreciation, positioning itself as a secure and sustainable income stream in the volatile crypto space.

    XRP Purchase Contract Recommendation

    contract Investment Amount Contract Rewards Total income
    Daily Sign-in Rewards $15 $0.6 $15.6
    New User Contract  $100 $3 $106
    Bitmain S23 Hyd $650 $42.25 $692.25
    AntminerL917GH $1800   $287.28 $2087.28
    L916GH $4500  $1890 $6390
    ElphaPex DG Hydro1 $7800 $3346 $11146
    Elphapex DG2 $12000 $8100 $20100

    How to participate in XRP contract purchase

    1. Register an account and get a $15 reward immediately without paying any fees. This reward can be used to test run the XRP cloud mining contract to help users quickly understand the platform operation and profit model

    2. Choose a contract that suits you

    Users can recharge XRP to the platform account through the wallet. The system supports a variety of mainstream cryptocurrencies: Dogecoin (DOGE), Bitcoin (BTC), Ethereum (ETH), SOL, Ripple (XRP), US Dollar (USDC), etc. Subsequently, users can choose the XRP contract that suits their needs (such as 2 days, 5 days, 12 days or longer periods), and the amount and term can be flexibly selected.

    3. After the contract is activated, the system will automatically settle the mining income into the account every day, without manual operation by the user, and the income can be generated within 24 hours and can be withdrawn or reinvested at any time.

    Fund security: At GoldenMining, user funds are securely stored in top banks, and all user personal information is protected by SSL encryption. The platform provides insurance coverage by AIG Insurance Company for each investment

    XRP’s bull market is coming. GoldenMining’s cloud mining contracts launched in combination with XRP are gaining favor among investors.

    Faced with the increasingly complex environment of the crypto market, GoldenMining has always insisted on putting users first and is committed to creating a safe, stable and transparent cloud mining experience for investors. With years of industry experience and high-end technical equipment, the platform continues to optimize contract products to meet the needs of different investors. In the future, GoldenMining will continue to pay attention to market changes, improve the risk control system, and will recruit more market analysts to help more users analyze market trends, investment needs and other issues.

    For more information, please visit the official website: www.Goldenmining.com
    For business cooperation, please contact the official email: info@Goldenmining.com

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

    The MIL Network

  • MIL-OSI: GoldenMining Officially Launches Innovative XRP-Based Cloud Mining Contracts with Daily Earnings Potential of $9,700

    Source: GlobeNewswire (MIL-OSI)

    New York, US, July 18, 2025 (GLOBE NEWSWIRE) — GoldenMining, a leading digital asset mining service provider based in London, has officially launched a groundbreaking XRP-based cloud mining product designed to offer stable daily income to crypto investors. This innovative offering leverages the strength of XRP’s current bull run and provides an accessible, secure, and profitable alternative to traditional mining and passive coin holding.

     A New Chapter in Crypto Mining: Powered by XRP

    With XRP soaring past $3.60 and its market capitalization approaching $200 billion, the cryptocurrency is capturing attention globally. Technical analysts forecast the price could reach $10 by year-end, especially with Bitcoin consolidating at the $120,000 resistance level. Amid this bullish momentum, GoldenMining is offering a timely and strategic opportunity to benefit from the market surge—without owning or maintaining any mining hardware.

    What Is an XRP Cloud Mining Contract?

    GoldenMining’s XRP cloud mining contracts allow users to purchase mining services using XRP directly from their wallets, eliminating the need for physical mining devices or technical maintenance. Once a contract is activated, mining operations are executed on behalf of the user, and returns begin within 24 hours.

    This model not only simplifies the mining process but also offers a hedge against inflation and currency depreciation, positioning itself as a secure and sustainable income stream in the volatile crypto space.

    XRP Purchase Contract Recommendation

    contract Investment Amount Contract Rewards Total income
    Daily Sign-in Rewards $15 $0.6 $15.6
    New User Contract  $100 $3 $106
    Bitmain S23 Hyd $650 $42.25 $692.25
    AntminerL917GH $1800   $287.28 $2087.28
    L916GH $4500  $1890 $6390
    ElphaPex DG Hydro1 $7800 $3346 $11146
    Elphapex DG2 $12000 $8100 $20100

    How to participate in XRP contract purchase

    1. Register an account and get a $15 reward immediately without paying any fees. This reward can be used to test run the XRP cloud mining contract to help users quickly understand the platform operation and profit model

    2. Choose a contract that suits you

    Users can recharge XRP to the platform account through the wallet. The system supports a variety of mainstream cryptocurrencies: Dogecoin (DOGE), Bitcoin (BTC), Ethereum (ETH), SOL, Ripple (XRP), US Dollar (USDC), etc. Subsequently, users can choose the XRP contract that suits their needs (such as 2 days, 5 days, 12 days or longer periods), and the amount and term can be flexibly selected.

    3. After the contract is activated, the system will automatically settle the mining income into the account every day, without manual operation by the user, and the income can be generated within 24 hours and can be withdrawn or reinvested at any time.

    Fund security: At GoldenMining, user funds are securely stored in top banks, and all user personal information is protected by SSL encryption. The platform provides insurance coverage by AIG Insurance Company for each investment

    XRP’s bull market is coming. GoldenMining’s cloud mining contracts launched in combination with XRP are gaining favor among investors.

    Faced with the increasingly complex environment of the crypto market, GoldenMining has always insisted on putting users first and is committed to creating a safe, stable and transparent cloud mining experience for investors. With years of industry experience and high-end technical equipment, the platform continues to optimize contract products to meet the needs of different investors. In the future, GoldenMining will continue to pay attention to market changes, improve the risk control system, and will recruit more market analysts to help more users analyze market trends, investment needs and other issues.

    For more information, please visit the official website: www.Goldenmining.com
    For business cooperation, please contact the official email: info@Goldenmining.com

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

    The MIL Network

  • MIL-OSI: GoldenMining Officially Launches Innovative XRP-Based Cloud Mining Contracts with Daily Earnings Potential of $9,700

    Source: GlobeNewswire (MIL-OSI)

    New York, US, July 18, 2025 (GLOBE NEWSWIRE) — GoldenMining, a leading digital asset mining service provider based in London, has officially launched a groundbreaking XRP-based cloud mining product designed to offer stable daily income to crypto investors. This innovative offering leverages the strength of XRP’s current bull run and provides an accessible, secure, and profitable alternative to traditional mining and passive coin holding.

     A New Chapter in Crypto Mining: Powered by XRP

    With XRP soaring past $3.60 and its market capitalization approaching $200 billion, the cryptocurrency is capturing attention globally. Technical analysts forecast the price could reach $10 by year-end, especially with Bitcoin consolidating at the $120,000 resistance level. Amid this bullish momentum, GoldenMining is offering a timely and strategic opportunity to benefit from the market surge—without owning or maintaining any mining hardware.

    What Is an XRP Cloud Mining Contract?

    GoldenMining’s XRP cloud mining contracts allow users to purchase mining services using XRP directly from their wallets, eliminating the need for physical mining devices or technical maintenance. Once a contract is activated, mining operations are executed on behalf of the user, and returns begin within 24 hours.

    This model not only simplifies the mining process but also offers a hedge against inflation and currency depreciation, positioning itself as a secure and sustainable income stream in the volatile crypto space.

    XRP Purchase Contract Recommendation

    contract Investment Amount Contract Rewards Total income
    Daily Sign-in Rewards $15 $0.6 $15.6
    New User Contract  $100 $3 $106
    Bitmain S23 Hyd $650 $42.25 $692.25
    AntminerL917GH $1800   $287.28 $2087.28
    L916GH $4500  $1890 $6390
    ElphaPex DG Hydro1 $7800 $3346 $11146
    Elphapex DG2 $12000 $8100 $20100

    How to participate in XRP contract purchase

    1. Register an account and get a $15 reward immediately without paying any fees. This reward can be used to test run the XRP cloud mining contract to help users quickly understand the platform operation and profit model

    2. Choose a contract that suits you

    Users can recharge XRP to the platform account through the wallet. The system supports a variety of mainstream cryptocurrencies: Dogecoin (DOGE), Bitcoin (BTC), Ethereum (ETH), SOL, Ripple (XRP), US Dollar (USDC), etc. Subsequently, users can choose the XRP contract that suits their needs (such as 2 days, 5 days, 12 days or longer periods), and the amount and term can be flexibly selected.

    3. After the contract is activated, the system will automatically settle the mining income into the account every day, without manual operation by the user, and the income can be generated within 24 hours and can be withdrawn or reinvested at any time.

    Fund security: At GoldenMining, user funds are securely stored in top banks, and all user personal information is protected by SSL encryption. The platform provides insurance coverage by AIG Insurance Company for each investment

    XRP’s bull market is coming. GoldenMining’s cloud mining contracts launched in combination with XRP are gaining favor among investors.

    Faced with the increasingly complex environment of the crypto market, GoldenMining has always insisted on putting users first and is committed to creating a safe, stable and transparent cloud mining experience for investors. With years of industry experience and high-end technical equipment, the platform continues to optimize contract products to meet the needs of different investors. In the future, GoldenMining will continue to pay attention to market changes, improve the risk control system, and will recruit more market analysts to help more users analyze market trends, investment needs and other issues.

    For more information, please visit the official website: www.Goldenmining.com
    For business cooperation, please contact the official email: info@Goldenmining.com

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

    The MIL Network

  • MIL-OSI: HSBC Continental Europe Agrees to Sell French Portfolio of Home and Certain Other Retail Loans

    Source: GlobeNewswire (MIL-OSI)

    Press Release

    18 July 2025

    HSBC CONTINENTAL EUROPE AGREES TO SELL FRENCH PORTFOLIO
    OF HOME AND CERTAIN OTHER RETAIL LOANS

    HSBC Continental Europe, an indirectly held subsidiary of HSBC Holdings plc (“HSBC Group”), today signed a memorandum of understanding with a consortium comprising Rothesay Life plc and CCF (together the “Consortium Buyer”) regarding the sale of its French portfolio of predominantly home and certain other retail loans (the “Portfolio”) retained after the disposal of its retail banking business in France1 (the “Potential Transaction”).

    At 31 December 2024, the Portfolio had an outstanding balance of €6.7bn.

    On 1 January 2025, the Portfolio was reclassified from hold-to-collect to hold-to-collect-and-sell, and during the first quarter of 2025, the HSBC Group recognised a €1.2bn ($1.3bn2) pre-tax fair value loss through other comprehensive income on the Portfolio, and a €0.1bn ($0.1bn2) fair value gain in the income statement on related interest rate hedges. The fair value loss on the Portfolio resulted in an approximately 0.2 percentage point reduction in the HSBC Group CET1 ratio, which stood at 14.7% at 31 March 20253.

    At completion of the Potential Transaction:

    • The loss recognised in other comprehensive income will be recycled to the income statement with no further impact on HSBC Group’s CET1 ratio.
    • The risk weighted assets (“RWAs”) of the Portfolio4 will be deconsolidated, resulting in an immaterial benefit on the HSBC Group CET1 ratio.

    The Potential Transaction is expected to complete in the fourth quarter of 2025, subject to the appropriate information and consultation processes with respective works councils. HSBC Continental Europe will work closely with the Consortium Buyer to enable a smooth transition.

    The Potential Transaction allows HSBC Continental Europe to further strengthen its focus on being the leading corporate and institutional bank in Europe, supporting international clients. HSBC is focused on increasing its leadership and market share in the areas where it has a clear competitive advantage, and where it has the greatest opportunities to grow and support its clients.

    Financial impact of the transaction on HSBC Continental Europe:

    • Since the reclassification of the Portfolio on 1 January 2025 from hold-to-collect to hold-to-collect-and-sell, HSBC Continental Europe recognised during the first quarter of 2025, a €1.2bn fair value pre-tax loss through other comprehensive income and a €0.1bn fair value gain in the income statement on related interest rate hedges. The fair value loss on the Portfolio resulted in an approximately 2 percentage points reduction in HSBC Continental Europe’s CET1 ratio, which stood at 18.8% at 31 December 20245.
    • At completion of the Potential Transaction, the loss recognised in other comprehensive income will be recycled to the income statement with no further impact on HSBC Continental Europe’s CET1 ratio. The RWAs6 of the Portfolio will be deconsolidated and it is estimated that the HSBC Continental Europe CET1 ratio will increase by approximately 0.3 percentage point.

    Contacts:

    Sophie Ricord | sophie.ricord@hsbc.fr | + 33 6 89 10 17 62
    Stéphanie Préaut | stephanie.preaut@hsbc.fr | +33 6 75 31 16 58

    HSBC Continental Europe
    Headquartered in Paris, HSBC Continental Europe is an indirectly held subsidiary of HSBC Holdings plc. HSBC Continental Europe comprises, in addition to corporate and institutional banking, private banking, insurance and asset management activities across Continental Europe, and includes the business activities of 10 European branches (in Belgium, Czech Republic, Germany, Ireland, Italy, Luxembourg, the Netherlands, Poland, Spain and Sweden) and two banking subsidiaries in Continental Europe (in Luxembourg and Malta). HSBC Continental Europe’s mission is to serve both customers in Continental Europe for their needs worldwide and Group customers for their needs in Continental Europe.

    HSBC Holdings plc
    HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London, HSBC serves customers worldwide from offices in 58 countries and territories. With assets of US$3.054 billion at 31 March 2025, HSBC is one of the world’s largest banking and financial services organisations.

    Rothesay Life plc
    Rothesay is the UK’s largest pensions insurance specialist. The company has over £70 billion of assets under management, securing the pensions of more than one million people and paying out, on average, over £300 million in pension payments each month.

    CCF Group
    CCF Group is a century-old French banking group specializing in wealth management and specialized financing. Wealth management services are provided under the CCF brand to 800,000 clients across France. Specialized financing focuses on personal loans and corporate financing.


    1 Completion of the sale of Retail Banking Business in France – 1 Jan 2024, HSBC.com
    2 At relevant prevailing FX rates during, and at the end of, the first quarter of 2025.

    3 HSBC Group CET1 ratio on a PRA basis.
    4 Excluding Operational Risk RWAs.
    5 HSBC Continental Europe CET1 ratio computed on an ECB basis.
    6 Excluding Operational Risk RWAs

    Attachment

    The MIL Network

  • MIL-OSI United Kingdom: UK tightens Oil Price Cap in blow to Putin’s war machine

    Source: United Kingdom – Executive Government & Departments

    Press release

    UK tightens Oil Price Cap in blow to Putin’s war machine

    The UK and EU will lower the crude Oil Price Cap.

    • UK and EU lower the crude Oil Price Cap, striking at the heart of Putin’s oil revenues

    • new measure will drive down the market value of Russian oil, disrupting the flow of oil money into Putin’s war chest

    • coordinated action comes as the UK and allies continue to ratchet up economic pressure on Russia

    UK will ramp up economic pressure on Russia with fresh measures directly targeting Putin’s critical oil revenues. 

    The UK and EU have today announced a lowering of the Crude Oil Price Cap, striking at the heart of Putin’s oil revenues.  

    Today’s action will lower the Crude Oil Price Cap from $60 barrel to $47.60 directly hitting Russia’s oil revenues, which have already fallen 35% year-on-year to May.  

    This will clamp down on Putin’s oil industry, driving down the market value of Russian crude oil and hurting a crucial source of funding for the Kremlin’s illegal war in Ukraine.

    Every financial blow against Russia’s oil revenues is another step towards a just and sustainable peace in Ukraine, and a step towards security and prosperity in the UK and beyond, which is a key foundation of the government’s Plan for Change.

    Speaking at the G20 in South Africa, Chancellor of the Exchequer Rachel Reeves said: 

    The UK and its EU allies are turning the screw on the Kremlin’s war chest by stemming the most valuable funding stream of its illegal war in Ukraine even further.  

    This decisive step to lower the Crude Oil Price Cap will target Russia’s oil revenues and ramp up the pressure on Putin by exploiting his biggest vulnerability – while keeping energy markets stable.

    Foreign Secretary David Lammy said:

    As Putin continues to stall on serious peace talks, we will not stand by.  

    That’s why we’re striking at the heart of the Russian energy sector alongside the EU. Together we will continue to apply relentless pressure on Putin, squeezing his critical oil industry and cutting off funding for his illegal war in Ukraine.

    The UK is taking decisive action to cut off Putin’s oil supply pipeline and has to date sanctioned over 250 ships responsible for transporting Russian energy.

    The UK has been clear that delaying peace efforts will only redouble our resolve to help Ukraine to defend itself and ratchet up pressure on Russia. That’s why the UK has committed £3 billion a year of military support for Ukraine for as long as it takes. 

    Today’s action comes as the UK further clamps down on Russian malign activity, exposing and sanctioning Russian spies responsible for spreading chaos and disorder on Putin’s orders.    

     The UK and EU are working in lockstep to combat those callously fuelling the fires of destruction in Ukraine and are committed to ramping up economic pressure on Putin, forcing him to the table to secure a just and lasting peace in Ukraine.

    Background 

    • The Crude Oil Price Cap, introduced in December 2022, is a measure to limit the Kremlin’s ability to finance its war against Ukraine, and prohibits G7 companies from shipping, insuring, or otherwise servicing Russian oil sold above $60 per barrel. Now, the UK and EU are lowering this to $47.60 per barrel, directly slashing Putin’s oil profits. 

    • The price caps of $100 on high-value refined oil products, such as diesel and petrol, and $45 on low-value refined oil products, such as fuel oil, remain unaffected. 

    • Oil exports are one of Russia’s key vulnerabilities: energy revenues account for around 30% of total federal revenues which in turn fund Russia’s war machine. 

    • The government is giving UK businesses time to adapt to the lower price cap. The lowered Oil Price Cap of $47.60 per barrel comes into effect at 23:01 (BST), Tuesday, 2 September 2025. Additionally, for any trades with an effective date of contract before this date, and which are compliant with the existing price cap of $60 per barrel, there will be a wind-down period of 45 days, ending at 23:01 (BST), Friday, 17 October 2025.

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

    Email the FCDO Newsdesk (monitored 24 hours a day) in the first instance, and we will respond as soon as possible.

    Updates to this page

    Published 18 July 2025

    MIL OSI United Kingdom

  • MIL-OSI USA: Interstellar comet 3I/ATLAS observed by NSF-funded Gemini North telescope

    Source: US Government research organizations

    Astronomers capture imagery of this interstellar object — the third such object ever discovered — as it zooms through the solar system

    Using the Gemini North telescope in Hawaii, astronomers have captured an image of comet 3I/ATLAS, an interstellar object that was first detected on July 1, 2025, by the Asteroid Terrestrial-impact Last Alert System (ATLAS) for which the comet was named. The letter “I” means “interstellar,” and “3” indicates it is only the third object from another star system ever observed. The observations will help scientists study the characteristics of this rare object’s origin, orbit and composition.

    Gemini North is in Hawaii and is one half of the International Gemini Observatory, funded in part by the U.S. National Science Foundation. The imagery reveals the comet’s compact coma — a cloud of gas and dust surrounding its icy nucleus.

    “The sensitivity and scheduling agility of the International Gemini Observatory has provided critical early characterization of this interstellar wanderer,” says Martin Still, NSF program director for the International Gemini Observatory. “We look forward to a bounty of new data and insights as this object warms itself on sunlight before continuing its cold, dark journey between the stars.”

    Credit: International Gemini Observatory/NOIRLab/NSF/AURA/K. Meech (IfA/U. Hawaii)/Image Processing: Jen Miller & Mahdi Zamani (NSF NOIRLab)

    Interstellar comet 3I/ATLAS is captured in this image by the NSF-funded Gemini North telescope. The image shows the comet’s compact coma — a cloud of gas and dust surrounding its icy nucleus.

    Ranging from tens of meters to a few kilometers in size, interstellar objects are pieces of cosmic debris left over from the formation of their host star’s planetary systems. As these remnants orbit their star, the gravity of nearby larger planets and passing nearby stars can launch them out of their home systems and into interstellar space, where they can cross paths with other solar systems, including ours.

    These visitors from faraway regions of the cosmos are valuable objects to study since they offer a tangible connection to other star systems. They carry information about the chemical elements that were present when and where they formed, which gives scientists insight into how planetary systems form at distant stars throughout our galaxy’s history, including stars that have since died out.

    Although 3I/ATLAS is only the third interstellar object ever discovered, the NSF–DOE Vera C. Rubin Observatory, jointly funded by NSF and the U.S. Department of Energy’s Office of Science, is expected to capture millions of objects moving throughout our solar system when it begins operations later this year. By repeatedly scanning the entire southern hemisphere sky every few nights, NSF–DOE Rubin will capture an unpredictable number of never-before-seen interstellar objects.

    MIL OSI USA News

  • MIL-OSI: Earn $5,477 Daily! Dogecoin’s Comeback & PaxMining’s Cloud Mining Revolution

    Source: GlobeNewswire (MIL-OSI)

    London, UK, July 18, 2025 (GLOBE NEWSWIRE) — The meme-inspired cryptocurrency Dogecoin is witnessing remarkable growth in 2025, with steadily climbing prices fueled by increasing retail and institutional interest. Originally created as a Bitcoin alternative, Dogecoin’s user-friendly nature and strong community continue to attract new investors.

    Amid accelerating global cryptocurrency adoption, PaxMining – the London-based cloud mining leader established in 2017 – delivers secure, sustainable mining solutions powered entirely by renewable energy. The platform’s award-winning technology eliminates hardware requirements and maintenance complexities while optimizing returns through AI efficiency. Utilizing hydro, solar and wind power, PaxMining maintains profitability while setting new sustainability standards in crypto mining.

    Serving 8+ million users across 190 countries, PaxMining has become a trusted mining partner. Its intuitive platform, driven by AI technology and 99.99% renewable energy, enables effortless mining of Dogecoin and other major cryptocurrencies. As Dogecoin’s popularity surges, PaxMining emerges as the premier choice for investors at all experience levels seeking accessible mining opportunities.

    Why Dogecoin and Cloud Mining Are a Perfect Match

    Dogecoin’s low transaction fees and fast confirmation times make it an attractive option for miners seeking high-frequency rewards. Unlike traditional mining, which requires significant upfront investment and energy costs, PaxMining cloud-based approach allows users to rent computing power and earn daily payouts with minimal effort. This model aligns perfectly with Dogecoin’s ethos of accessibility, enabling anyone to participate in the crypto boom.

    The platform’s eco-friendly infrastructure, powered by hydropower and solar energy, ensures sustainable mining operations, reducing costs and environmental impact. As Dogecoin’s value continues to rise, PaxMining’s “mine-and-hold” strategy offers users a reliable way to generate passive income in a volatile market.

    PAXMINING Cloud Mining Platform – 6 Key Advantages

    • Multi‑Currency Support: Supports over 9 major cryptocurrencies, including XRP, BTC, ETH, USDT, USDC, SOL, DOGE, LTC, and BCH
    • Global Reach & Large User Base: Over 8 million registered users in 190+ countries.
    • No Hardware Needed: Operates 70+ high-performance mining farms worldwide—no user maintenance required
    • Green Energy Powered: Mining sites run on renewable energy—wind, solar, and hydro—supporting carbon‑neutral goals.
    • High, Transparent Returns: Offers a variety of mining plans to suit different risk and return preferences.

    How to quickly start the PaxMining cloud mining journey?

    • Register an account and get a $15 reward immediately
    • Choose a personalized computing power contract

    Whether you are a novice or an experienced investor, PaxMining offers a variety of computing power contracts. You can choose the most suitable plan for you according to your budget and profit goals to maximize every penny. Stable income contract:

    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

    (For more contracts, please visit PAXMINING official website

    Secure and Transparent Mining with PaxMining

    PaxMining prioritizes user security with enterprise-grade encryption and two-factor authentication, ensuring the safety of funds and data. The platform’s real-time dashboard offers full transparency, allowing users to track computing power, earnings, and transaction history. By leveraging green energy, PaxMining aligns with global sustainability goals, making it an environmentally responsible choice for crypto enthusiasts.

    “Dogecoin’s resurgence highlights the growing demand for accessible crypto solutions,” said a PaxMining spokesperson. “Our platform makes it easy for anyone to mine Dogecoin and other cryptocurrencies, combining profitability with sustainability.”

    Future Outlook

    With Dogecoin gaining traction and the cryptocurrency market expanding, PaxMining is set to introduce enhanced multi-currency mining options and AI-driven yield optimization in 2025. The company remains committed to empowering its global community with innovative, eco-friendly, and profitable mining opportunities.

    Conclusion
    “When computing power breaks free from the shackles of carbon, true financial inclusion begins.”
    PAXMINING is redefining the essence of cloud mining—not merely as a business, but as a global experiment in the future of sustainable finance. By transforming zero-carbon infrastructure into user cost advantages, incorporating regulatory uncertainty into hedging models, and converti ng institutional trends into ecosystem-level gains, PAXMINING is pioneering a new paradigm for the industry.

    For more information or to get started with your mining contract, visit:

    https://paxmining.com or (click to download the mobile app)
    For direct inquiries, contact:
    info@paxmining.com

    Attachment

    The MIL Network

  • MIL-OSI Canada: Prime Minister Carney announces the appointment of the Government Representative in the Senate

    Source: Government of Canada – Prime Minister

    Today, the Prime Minister, Mark Carney, announced the appointment of Pierre Moreau as Government Representative in the Senate.

    Senator Moreau holds four decades of legal and political experience, including as a senator, lawyer, and member of the Québec National Assembly. In the Québec Cabinet, he held critical roles such as Minister responsible for Canadian Intergovernmental Affairs and the Canadian Francophonie, Minister of Transport, Minister of Municipal Affairs, President of the Treasury Board, and Minister of Energy and Natural Resources.

    Senator Moreau’s expertise and experience will advance the government’s legislative agenda to bring down costs, keep communities safe, and build one strong Canadian economy.

    The Prime Minister thanks Senator Marc Gold for his many years of service as the Government Representative in the Senate and wishes him well on his retirement.

    Biographical note

    MIL OSI Canada News

  • MIL-OSI Russia: With the support of Rosneft, a Summer Project School has opened at the Moscow State University Gymnasium

    Translation. Region: Russian Federal

    Source: Rosneft – An important disclaimer is at the bottom of this article.

    The ceremonial opening of the annual Summer Project School for students of Rosneft Classes took place at the University Gymnasium of Moscow State University named after M.V. Lomonosov. The training will involve 80 tenth-graders from 15 regions of Russia – they passed a competitive selection, which included multi-stage testing and a distance learning course.

    The Summer Project School is a joint project of Rosneft and Moscow State University, created to support talented youth. The event is being held for the fourth time. The training helps schoolchildren acquire basic knowledge in the field of project and research activities, as well as practical skills in team development and implementation of projects, including in key areas of the Company’s activities.

    For two weeks, schoolchildren will work in project groups in four areas: mathematics, engineering, geology and natural science. To get acquainted with the activities of Rosneft, schoolchildren will visit the Arctic Research Center, as well as the laboratories of the Company’s Joint Research and Development Center. Specialists will tell schoolchildren about Rosneft’s key scientific projects. In addition, the program includes visits to specialized faculties and museums of Lomonosov Moscow State University and Gubkin Russian State University of Oil and Gas.

    For the participants of the Summer School, trainings on the development of professional and personal skills, creative master classes, as well as sports and entertainment events will be organized.

    Career guidance events will help high school students decide on their future profession. Based on the results of their studies at the Summer School, students will present their own projects.

    Reference:

    In order to form an external personnel reserve and a constant influx of highly educated young specialists into the Company, in 2005 Rosneft created a corporate system of continuous education “School – College/University – Enterprise”.

    Today, with the Company’s support, 2.7 thousand schoolchildren in 20 regions of Russia study in Rosneft Classes. The training is conducted according to programs with in-depth study of mathematics, physics, chemistry and computer science with the involvement of the best teachers.

    Department of Information and AdvertisingPJSC NK RosneftJuly 18, 2025

    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.

    .

    MIL OSI Russia News

  • MIL-OSI United Kingdom: More schools to benefit from solar panels

    Source: City of Sunderland

    Thirteen maintained city schools are to benefit from the installation of solar panels (PV) over the next six months.

    The City Council successfully applied for £345,000 from the Mayoral Renewable Energy Fund in a partnership with the North East Combined Authority (NECA).

    The Mayoral Renewable Energy Fund is a £10m fund for Mayoral Strategic Authorities and forms part of the Government’s Great British Energy early delivery phase for 2025/26 

    The schools were chosen based on a requirement to deliver community benefits where financial savings from the solar panels could be used to help provide wider activities to support the local community. This community benefit could take many forms and will be at the discretion of each school but could include, books, IT equipment or additional support to clubs or days out for children.

    Leader of Sunderland City Council, Councillor Michael Mordey said: “Rising energy costs have been a major financial pressure in schools for several years now. This is great news about the panels and a great opportunity to lower costs and release further funding into school budgets.

    “Funding that previously went on energy bills can now go to where it really matters and where it benefits pupils, the community and our city. The council will be working with the schools in coming months to assist with panel installation and seeing a switch-on that is going to bring many financial, social and environmental benefits.”

    The 13 sites benefiting from the Great British Energy scheme are in addition to a £500,000 investment programme of solar panels at 25 city schools. This scheme was agreed earlier this year as part of the council’s budget to also help schools reduce their energy costs in the coming years.

    The full list of school sites in the energy scheme announcement is:

    Name

    Area

    Barmston Village Primary School

    Washington

    Castletown Primary School

    Sunderland

    Easington Lane Primary School

    Houghton

    Grangetown Primary School

    Sunderland

    Grindon Infant School and Nursery

    Sunderland

    Hudson Road Primary School

    Sunderland

    Hylton Castle Primary School

    Sunderland

    Marlborough Primary School

    Washington

    Shiney Row Primary School

    Houghton

    Southwick Primary School

    Sunderland

    The Link School

    Sunderland

    Wessington Primary School

    Washington

    Willow Wood Primary School

    Sunderland

    MIL OSI United Kingdom

  • MIL-OSI New Zealand: Export Awards – Trimax Mowing Systems wins Exporter of the Year at ExportNZ ASB Bay of Plenty Export Awards

    Source: EMA

    Trimax Mowing Systems, a manufacturer and exporter of premium mowing equipment, has won the ExportNZ ASB Bay of Plenty Exporter of the Year Award at a gala event this evening held at the Mercury Baypark arena in Mount Maunganui.
    Kiwi-made lawn mowers used by groundskeepers at Windsor Castle
    Trimax has sold more than 33,000 lawn mower decks worldwide from its base in Tauranga, with revenue having tripled in the last five years. The New Zealand-made lawn mowers are trusted by groundskeepers in locations as varied as Windsor Castle in the UK to multiple PGA golf courses in the United States.
    High-precision control devices sold to alternative fuel markets globally
    Oasis Engineering, a manufacturer of high-pressure control devices for gases, won the Excellence in Innovation Award. The company first rose to fame in the 1980s by developing a ball valve for CNG (Compressed Natural Gas) tanks, which became the industry standard.
    Today, Oasis Engineering operates a specialist high-precision turning and machining factory in Tauranga, from where it exports control devices to more than 40 countries. The company is recognised as an exemplar in the use of automation and robotics, and for outstanding product development in the global alternative fuel market.
    Providing cloud-based workspaces for US healthcare professionals
    The Best Emerging Business Award was won by Carepatron, a provider of secure, cloud-based healthcare workspaces for clinicians to manage clients, appointments and payments.
    The company uses technology, and AI in particular, in its customer support and product development. Founded in 2021, today Carepatron is hyperscaling exports into the US market, where it is growing rapidly.
    Individuals making significant contributions to export success
    There were two joint winners of the Export Achievement Award, which recognises an individual who has made a material contribution to the export success of a business. These were Sarah Webb of LawVu and Karl Stevenson of Bluelab.
    Sarah Webb has been a founding force behind LawVu, which provides cloud-based legal workspaces for in-house legal teams. Currently, the Chief Operating Officer, Webb has been instrumental in transforming LawVu into a globally recognised legal tech platform.
    Karl Stevenson is the Head of Product at Bluelab, a manufacturer of precision instruments for measuring pH, electrical conductivity and temperature in controlled agricultural environments.
    Stevenson is recognised as a champion of design thinking in New Zealand’s export sector. He has also made a lasting impact on the Tauranga business community, having co-founded local Design Thinking Meetups, which foster a culture of innovation and collaboration, and are open to everyone from entrepreneurs to engineers.
    Tauranga entrepreneur Steve Saunders recognised with Services to Export Award
    Finally, the Services to Export Award was presented to Steve Saunders for his outstanding contribution to the exporting success of the Bay of Plenty region. The co-founder of Robotics Plus, and numerous other exporting businesses, Saunders has served for 12 years on Priority One, the economic development organisation for the Western Bay of Plenty.
    He co-founded the Newnham Park Innovation Centre, as well as Mount Pack & Cool, one of the largest and most technologically advanced packhouses in the Bay of Plenty.
    Saunders champions Māori investment in agriculture and innovation, and is a long-time supporter of the Young Innovators Awards for Year 7-13 students.
    Celebrating the Bay of Plenty exporting community
    The awards celebrate the exceptional achievements of Bay of Plenty businesses and individuals who export goods and services to markets around the world.
    The event is proudly supported by principal sponsor ASB, as well as Sharp Tudhope, Air NZ Cargo, Page Macrae, Zespri, and Orbit Travel, and supporting partners NZTE, Comvita and Port of Tauranga.
    The awards are organised by the EMA on behalf of ExportNZ. EMA Chief Executive John Fraser-Mackenzie says, “The EMA is an integral part of the Bay of Plenty business community, so we’re delighted these awards showcase the inspiring businesses and individuals from the region who are succeeding in offshore markets. Well done to all the winners!
    “The awards are more than just recognition, they’re a platform for sharing insights, fostering collaboration, and strengthening the network of export-focused companies that drive the region’s economic success.”
    Chair of the ExportNZ BoP Executive Committee Warwick Downing says, “This year’s winners exemplify the innovation, resilience, and global ambition that define the Bay of Plenty’s export community.
    “Their success is a testament to the region’s ability to compete, and thrive, on the world stage.”
    Head of Trade Finance at ASB Bank Mike Atkins says, “We congratulate all the winners; they are true export champions of the Bay of Plenty region.
    “At ASB, we are passionate about enabling exporters to scale up, be it through working capital funding or other advisory initiatives across productivity, sustainability, clean tech, and food and fibre. Our partnership with ExportNZ in celebrating these awards underscores that commitment.”
    Executive Director of ExportNZ Josh Tan says, “These awards showcase the significant contribution this region makes to New Zealand’s exporting success.
    “Congratulations to all the winners on their outstanding achievements, which highlight the export sector’s strong start to the year and reinforce our nation’s well-earned reputation for quality in products and services.”
    Complete list of winners and full judges’ citations   ExportNZ ASB Bay of Plenty Export Awards
    1. Exporter of the Year – in partnership with Sharp Tudhope
    Winner: Trimax Mowing Systems – a designer and manufacturer of tractor-powered rotary and flail mowers for commercial use.
    Highly Commended: LawVu
    This award recognises the outstanding success of a business that is established in its international growth journey, with more than five years of international operations and total annual revenue above $5 million.
    Judges’ citation: The judges were impressed by Trimax’s continued commitment to innovate and grow in their niche but hugely valuable market. The company has built up extensive dealer networks in the United States, the UK and Australia, and Trimax mowers are trusted by groundmen in locations as varied as England’s Windsor Castle to PGA golf courses in the United States.
    The company’s leadership has embedded innovation and product development throughout the enterprise, and their growth in recent times shows that this is paying divid

    MIL OSI New Zealand News

  • MIL-OSI Submissions: Energy Sector – BASF and Equinor confirm strategic partnership and sign ten-year natural gas supply agreement

    Source: Equinor

    18 JULY 2025 – Dirk Elvermann, CFO and CDO of BASF, and Anders Opedal, President and CEO of Equinor, at the signing of the ten-year natural gas supply agreement.

    Equinor will supply up to 23 terawatt hours of natural gas (around 2 billion cubic meters) annually to BASF.

    BASF and Equinor have signed a long-term strategic agreement for the annual delivery of up to 23 terawatt hours of natural gas over a ten-year period. The contract secures a substantial share of BASF’s natural gas needs in Europe. Deliveries will start on October 1st, 2025.

    “This agreement further strengthens our partnership with BASF. Natural gas not only provides energy security to Europe but also critical feedstock to European industries. I am very happy that our gas also supports BASF’s efforts to reduce their carbon footprint. Gas from Norway comes with the lowest emissions from production and transportation”, says Anders Opedal, president and chief executive officer, Equinor.

    Natural gas is a key feedstock for European industries, especially in the production of chemicals and fertilisers. BASF uses natural gas both as an energy source and as a raw material in the production of basic chemicals. This long-term partnership will support the company’s strategy to diversify its energy and raw materials portfolio. The gas is sold on market terms.

    “We are very happy to enter into this long-term partnership with Equinor for the reliable supply of low-carbon natural gas for BASF’s operations in Europe. Equinor is a trusted and valued partner. The supply agreement not only comes with competitive terms but also supports our sustainability targets”, says Dirk Elvermann, Chief Financial Officer and Chief Digital Officer, BASF SE.

    BASF develops a broad portfolio of solutions that are essential components in the manufacturing of everyday consumer goods, such as car interiors, sportswear, personal care items, and agricultural solutions. Equinor has been supplying gas and liquids to BASF for several years.

    About BASF

    BASF is a company that creates chemistry for a sustainable future. Its ambition is to be the preferred chemical company to enable its customers’ green transformation. BASF combines economic success with environmental protection and social responsibility. Around 112,000 employees in the BASF Group contribute to the success of its customers across nearly all sectors and in almost every country in the world. BASF’s core businesses include the segments Chemicals, Materials, Industrial Solutions, and Nutrition & Care, while its standalone businesses are bundled in the segments Surface Technologies and Agricultural Solutions. In 2024, BASF generated sales of €65.3 billion. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the United States.

    MIL OSI – Submitted News

  • MIL-OSI Africa: South Africa Ramps Up Energy Investment Drive with Dedicated Roundtable at African Energy Week (AEW) 2025

    Source: APO

    South Africa is positioning itself as a premier investment destination in Africa’s energy transition, with a strategic push across the entire energy value chain – from oil and gas exploration to renewables and green hydrogen. At African Energy Week (AEW) 2025: Invest in African Energies, an “Invest in South Africa” Roundtable will bring together top-tier investors, policymakers and energy executives to spotlight the country’s evolving regulatory landscape, its new national oil company and a host of bankable infrastructure projects.

    This year’s roundtable brings together a powerful lineup of speakers driving South Africa’s energy future, including Shahrukh Mirza, VP LNG Development at ExxonMobil, Stefano Marani, CEO of Renergen Limited, and senior representatives from both the newly formed South African National Petroleum Company (SANPC) and the South African National Energy Development Institute.

    South Africa’s energy sector is undergoing a critical transformation: years of load-shedding and grid instability has prompted bold reforms aimed at liberalizing the energy market, fast-tracking private-sector participation and diversifying supply sources. As the government unbundles Eskom and opens transmission infrastructure to independent power producers, investor interest in South Africa’s power and gas markets is growing sharply. Meanwhile, the Integrated Resource Plan and Renewable Energy Masterplan are paving the way for expanded solar, wind and battery storage deployment, backed by robust public-private collaboration.

    The upstream oil and gas sector is also entering a pivotal new phase. The recently established SANPC is spearheading fresh exploration efforts and opening up acreage across frontier basins, including the Orange Basin – an area that has drawn renewed interest following a string of offshore discoveries in neighboring Namibia. Energy major Shell has secured approval for a five-well drilling campaign in the Northern Cape Ultra Deep block, while TotalEnergies is targeting a two-well wildcat campaign in South Africa’s portion of the Orange Basin, slated for 2026. With upcoming licensing opportunities, transparent fiscal terms and enhanced data packages, South Africa is well-positioned to attract both new market entrants and experienced independents to its upstream sector.

    In its gas monetization strategy, South Africa is advancing efforts to leverage domestic resources – including those under development by Renergen at the Virginia Gas Project – to support helium exports and the production of LNG for transport and industrial fuel use. The country’s Gas Master Plan, currently under review, sets out a roadmap for critical infrastructure, including LNG terminals, pipeline expansions and strategic gas storage, aimed at enhancing long-term energy security. At the same time, public-private initiatives such as the green hydrogen corridor – linking the Northern Cape to key export hubs – are laying the groundwork for large-scale hydrogen production, backed by the region’s exceptional solar and wind potential.

    “As South Africa retools its regulatory environment and builds momentum behind energy diversification, AEW 2025 stands as the ideal venue to connect capital with opportunity. From the Orange Basin’s high-impact prospects to scalable renewables and gas monetization, the country is open for business,” says Oré Onegbesan, Program Director, AEW.

    Distributed by APO Group on behalf of African Energy Chamber.

    AEW: Invest in African Energies:
    AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

    Media files

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    MIL OSI Africa

  • MIL-OSI United Kingdom: UK, Philippines launch coalition to boost emerging market finance

    Source: United Kingdom – Executive Government & Departments

    World news story

    UK, Philippines launch coalition to boost emerging market finance

    The UK and the Philippines have partnered to launch a groundbreaking initiative to channel more global capital into emerging markets.

    The ‘EMDE Public Markets Coalition’ was unveiled at the 4th International Conference on Financing for Development (FFD4) in Seville this July, as part of a Sevilla Platform for Action Initiative on ‘Public Markets Mobilisation for Development. This initiative aims to redirect a portion of the $255 trillion flowing through listed equity and bond markets toward crucial development projects in emerging markets and developing economies. 

    With only a small fraction of global public market investments currently reaching emerging economies like the Philippines, even a modest shift could transform financing for climate resilience and sustainable development projects. The Coalition will develop a Toolkit to guide development banks, finance institutions, and investors in mobilizing climate and development investments in emerging markets through public markets. This will help direct more capital to the Philippines and and similar economies.

    The Government of the Philippines endorses the initiative, co-hosted its FFD4 launch event, and will play a key role in its implementation. The initiative will be co-implemented by the Government of Norway and the African Development Bank (AfDB). It has also received endorsement from the Governments of the Netherlands, New Zealand, Switzerland, the Inter-American Development Bank, the Asian Development Bank (ADB), the Organisation for Economic Co-operation and Development (OECD), British International Investment (BII) and the Centre for Development Finance Studies (CDFS). 

    Undersecretary Joven Balbosa of the Philippines’ Department of Finance said:

    The Philippines is proud to continue our partnership with the UK to mobilise finance toward sustainable development and climate action. Public markets are powerful vehicles for mobilisation, with both equity and debt financing proving crucial in meeting climate and development targets.

    The Rt Hon Baroness Chapman of Darlington, UK Minister for International Development, highlighted the coalition’s significance:

    We need to see a transformation in how the public and private sectors work together to mobilise capital to power development progress. Even a small shift in the way this money is invested could unlock massive change and new opportunities for investors, ensuring more countries, communities, and businesses have the finance they need to solve the most difficult development challenges.

    Commissioner McJill Bryant Fernandez of the Philippines’ Securities and Exchange Commission noted that:

    The launch of the EMDE Public Markets Coalition is a timely step toward mobilizing global capital for sustainable development. For the Philippines, improving market access and de-risking investments enable more Filipino enterprises to secure long-term financing for climate-smart growth. We hope to see more countries and partners join us in scaling this agenda to create transformative change across emerging markets.

    The initiative aligns with the UK Government’s Plan for Change, which aims to make Britain a clean energy superpower while helping partners, like the Philippines, build climate resilience. 

    British Ambassador to the Philippines Laure Beaufils highlighted the strong partnership between the UK and the Philippines:

    I am proud that the UK and Philippines have teamed up to show how public markets can boost financing for sustainable development projects, thereby driving quantifiable, lasting change. Together, we have shown that the public sector has a role to play in facilitating this, by creating robust ecosystems that enable more private capital to be redirected to sustainable investments.

    The UK’s MOBILIST programme, which provides capital and technical assistance to support companies in emerging markets to list on stock exchanges, serves as a foundation for the new coalition. This approach has already proven effective in channelling institutional investment toward development projects. In 2024, MOBILIST invested $12.5 million in the Initial Public Offering (IPO) of Citicore Renewables Energy Corporation, a renewable energy developer and operator of solar, hydro, and wind energy platforms in the Philippines. MOBILIST’s investment played a catalytic role in the IPO, which was valued at a total of $86 million and also attracted private institutional investors.

    Updates to this page

    Published 18 July 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: UK, Philippines sign MOU for Transit Development

    Source: United Kingdom – Executive Government & Departments

    World news story

    UK, Philippines sign MOU for Transit Development

    A Memorandum of Understanding was signed to implement the Philippines’ first government-led Transit Oriented Development.

    From left: DepEd Secretary Sonny Angara, British Ambassador Laure Beaufils, and DOTr Secretary Vince Dizon sign MOU on new UK-PH partnership for the first government-led Transit Oriented Development.

    The British Embassy Manila, Philippine Department of Education (DepEd), and Philippine Department of Transportation (DOTr) signed a Memorandum of Understanding to implement the Philippines’ first government-led Transit Oriented Development (TOD).

    Supported by the UK Green Cities, Infrastructure, and Energy Programme, the partnership will bring together British and Filipino experts, including Crossrail International, to develop a TOD masterplan. This aims to transform DepEd’s ‘Education City’ into a climate-resilient hub, combining sustainable education facilities with efficient public transport connectivity.

    British Ambassador to the Philippines, Laure Beaufils, welcomed this partnership and reaffirmed the UK’s commitment to sustainable urban development.  She remarked:

    Today’s MOU marks an exciting milestone in the UK-Philippines partnership as we work together to create a masterplan for a vibrant transit oriented ‘Education City’ development.

    Ambassador Beaufils further stated:

    The UK is proud to bring British expertise and innovation to pioneer a TOD where people can live, learn, work, and thrive — connected by efficient transport systems, designed with people at their heart, and guided by principles of sustainability and resilience.

    At the signing, Department of Education Secretary Sonny Angara highlighted the importance of building accessible and sustainable education environments. Secretary Angara said:

    This partnership ensures that our learners and educators will also directly benefit from a well-planned, green, and safe environment that ultimately contributes to the public education objectives.

    Meanwhile, Department of Transportation Secretary Vince Dizon emphasised the project’s alignment with President Ferdinand Marcos Jr.’s directive to digitise and integrate the country’s transport systems. He stated:

    This MOU strengthens the DOTr’s commitment to build transport infrastructures that ease the burden of our commuters, including our young learners. This partnership marks a significant step forward realising a transport-oriented development that not only improves connectivity but also fosters sustainable communities.

    Drawing inspiration from Elizabeth Line in London, DepEd’s “Education City” will feature accessible transport systems, modern training facilities, teacher accommodation, and revenue-generating opportunities to fund classroom construction and education digitalisation.

    Updates to this page

    Published 18 July 2025

    MIL OSI United Kingdom

  • MIL-OSI Russia: China’s Daqing Oil Field Sees Oil, Gas Production Rise in H1 2025

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    HARBIN, July 18 (Xinhua) — Daqing Oilfield, China’s largest onshore oil field, saw crude oil and natural gas production rise in the first half of 2025, according to Daqing Oilfield Co., Ltd.

    During the reporting period, crude oil production at the field increased by 10.9 thousand tons year-on-year, while natural gas production increased by 222 million cubic meters compared to the same period last year.

    In recent years, Daqing Oilfields has been actively developing new approaches to the transition to a “green economy”. In the first six months, the capacity of the company’s commissioned projects in the field of alternative energy sources reached 538.7 thousand kilowatts, and the volume of electricity generation was 554 million kWh.

    Last year, the oil field produced more than 6 billion cubic meters of natural gas, demonstrating stable growth in its gas production for the 14th year in a row. -0-

    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.

    .

    MIL OSI Russia News

  • MIL-OSI Russia: Conference on Nuclear and Radiation Safety Regulatory Systems: Call for Abstracts

    Translation. Region: Russian Federal

    Source: International Atomic Energy Agency –

    An important disclaimer is at the bottom of this article.

    Those wishing to submit abstracts of their papers for the conference are advised to pay attention to the following topics.

    — Regulatory competence. Key competencies required for regulators to operate effectively, with a particular focus on regulatory culture and human resource development.

    — Regulatory flexibility. Strategies and approaches by regulatory bodies to increase flexibility and effectively respond to and anticipate changes brought about by innovation and new technologies.

    — Strengthening the links. The role of regulators in strengthening the links within their “ecosystems” to create enabling conditions and promote the sustainable use of nuclear and radiation technologies.

    “The participants’ input will be key to advancing the discussion among nuclear and radiation safety regulators to analyse, identify and propose solutions to critical regulatory issues,” said Jiang Fuming, Director of the IAEA Office of Safety and Security Coordination. “Participants will have the opportunity to directly interact with representatives of the global regulatory community.”

    Abstracts of up to 600 words should be submitted electronically via the IAEA web-based submission system (IAEA-indico). The procedure for submitting abstracts can be found at website conferences.

    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.

    .

    MIL OSI Russia News

  • MIL-OSI Asia-Pac: President Lai meets President of Guatemalan Congress Nery Abilio Ramos y Ramos  

    Source: Republic of China Taiwan

    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
    2025-06-25
    President Lai meets Japan’s former Economic Security Minister Kobayashi Takayuki
    On the afternoon of June 25, President Lai Ching-te met with Kobayashi Takayuki, Japan’s former economic security minister and a current member of the House of Representatives. In remarks, President Lai expressed hope to combine the strengths of the democratic community to build resilient, reliable non-red supply chains, and ensure a resilient global economy and sustainable development. He also expressed hope that Taiwan and Japan can bring about the early signing of an economic partnership agreement (EPA), and that Japan will continue supporting Taiwan’s bid to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), enhancing our own bilateral partnership, as doing so would create win-win situations and further contribute to regional economic security and stability. The following is a translation of President Lai’s remarks: I welcome Representative Kobayashi back to Taiwan for another visit after seven years. During his last visit, he was with a delegation from the Liberal Democratic Party (LDP) Youth Division, and we met at the Executive Yuan. I am very happy to see him again today. Representative Kobayashi has long paid close attention to matters involving economic security, technological innovation, and aerospace policy. He also made a stunning debut in last year’s LDP presidential election, showing that he is truly a rising star and an influential figure in the political sphere. With this visit, Representative Kobayashi is demonstrating support for Taiwan with concrete action, which is very meaningful. Taiwan and Japan are both part of the first island chain’s key line of defense. We thank the many Japanese prime ministers, including former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio, as well as current Prime Minister Ishiba Shigeru, for the many times they have highlighted the importance of peace and stability in the Taiwan Strait at important international venues, and for expressing opposition to the use of force or coercion to unilaterally change the status quo in the Taiwan Strait. I hope that Taiwan and Japan can engage in more cooperation and exchanges to promote peace and prosperity in the Indo-Pacific region in all aspects. In particular, China in recent years has been actively expanding its red supply chains, which threaten the global free trade system and advanced technology markets. Taiwan hopes to combine the strengths of the democratic community to build resilient, reliable non-red supply chains. In the semiconductor industry, for example, Taiwan has excellent advanced manufacturing capabilities, while Japan plays an important role in materials, equipment, and key technologies. I am confident that, given the experience that Taiwan and Japan have in cooperating, we can build an industrial supply chain composed of democratic nations to ensure a resilient global economy and sustainable development. I hope that Taiwan and Japan can bring about the early signing of an EPA in order to deepen our bilateral trade and investment exchanges and cooperation. I also hope that Japan will continue supporting Taiwan’s bid to join the CPTPP, enhancing our own bilateral partnership, as doing so would create win-win situations and further contribute to regional economic security and stability. Taiwan and Japan are democratic partners that share the values of freedom, democracy, and respect for human rights. I firmly believe that so long as we work together, we can certainly address the challenges posed by authoritarianism, and bring prosperity and development to the Indo-Pacific region. In closing, I welcome Representative Kobayashi once again. I am certain that this visit will help enhance Taiwan-Japan exchanges and deepen our friendship. Representative Kobayashi then delivered remarks, first thanking President Lai for taking the time to meet with him, and noting that this was his second visit to Taiwan following a trip seven years prior, when he came with his good friend from college and then-Director of the LDP Youth Division Suzuki Keisuke, now Japan’s minister of justice. Representative Kobayashi mentioned a Japanese kanji that he is very fond of – 絆 (kizuna) – which means “deep ties of friendship.” He emphasized that a key purpose of this visit to Taiwan was to reiterate the deep ties of friendship between Taiwan and Japan. In addition to deep historical ties, he said, Taiwan and Japan also enjoy a like-minded partnership in terms of economic, personnel, and friendship-oriented exchanges. He went on to say that at the strategic level, Taiwan and Japan also have deep ties of friendship, and that for Japan, it is strategically important that Taiwan not be isolated under any circumstances. Representative Kobayashi emphasized that cooperation between Taiwan and Japan, and even cooperation among Taiwan, Japan, and the United States, are more important now than ever, and that another important focus of this visit is the non-red supply chains referred to earlier by President Lai. He said that as Japan’s first economic security minister and the person currently in charge of the LDP’s policy on economic security, he is acutely aware of the important impact of economic security on national interests, and therefore looks forward to further exchanging views regarding Taiwan’s concrete steps to build non-red supply chains. The delegation was accompanied to the Presidential Office by Japan-Taiwan Exchange Association Deputy Representative Takaba Yo.

    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 Russia: SPbGASU has proven that the aesthetics of solid waste facilities increases their efficiency

    Translation. Region: Russian Federal

    Source: Saint Petersburg State University of Architecture and Civil Engineering –

    An important disclaimer is at the bottom of this article.

    Valeria Supranovich, Arina Safronova

    SPbGASU has proven that the aesthetics of a solid municipal waste (MSW) handling facility increases its energy efficiency, energy conservation and environmental friendliness throughout its entire service life.

    During her five-year research, Valeria Supranovich, PhD in Architecture and Associate Professor of the Department of Architectural Design at SPbGASU, identified a number of possible high-quality architectural solutions that, in conjunction with technological systems for self-sufficiency of buildings and facade elements, will allow them to organically fit into the urban system. The Associate Professor also developed ways to integrate additional public functions into these objects at various economic costs. All this will allow the implementation of sustainable development goals in the architecture of solid waste management facilities. Valeria Supranovich completed this research work, “Methods of Functional Planning Organization of Solid Waste Management Facilities in Russia,” within the framework of the grant of scientific and pedagogical workers of SPbGASU 2025.

    Since March 2024, amendments to Federal Law No. 451 “On Production and Consumption Waste” have come into force, which have completely updated the waste management system and the regulatory process in terms of extended responsibility of the manufacturer of goods. Moreover, within the framework of the programs of the XXIV International Forum “Ecology of the Big City” and the St. Petersburg International Economic Forum, held in St. Petersburg in 2025, agreements were signed to finance projects for the construction of waste disposal facilities, the creation of the necessary infrastructure to reduce the percentage of waste disposal and the country’s transition to a “closed loop” economy (a production and consumption model that involves reuse, recovery and recycling of existing materials and products for as long as possible) to achieve the goals of sustainable development of the country. This is a powerful impetus for the active implementation of solid waste management facilities in the existing urban system.

    “Today, approaches to the design of solid waste facilities and the facilities themselves do not meet the goals of sustainable development, as they are considered economically inexpedient. However, in the course of scientific research conducted from 2020 to 2025, I was able to identify the opportunity to revise the existing methods of project activities. One example of waste management facilities that meet the goals of sustainable development is the world’s largest W2E plant “Shenzhen Energy Ring” (Shenzhen, China). The new plant is designed to process 5,000 tons of waste per day and simultaneously produce 600 million kilowatt-hours per year. The facility has a round shape, uncharacteristic for manufacturing enterprises, to combine all production units into a single structure and simultaneously reduce the area of the plant, includes zones for the formation and popularization of waste disposal procedures, and photovoltaic panels are provided for on the roof. The architecture of the facility is not utilitarian, it corresponds to the context of the environment,” explained Valeria Supranovich.

    In the course of the current scientific research, she studied the theoretical components of the concept of “sustainable architecture” and proposed a system of their interaction. It was established that the aesthetic qualities of the object allow not only to humanize the appearance of the enterprise, but also to ensure high energy efficiency, environmental friendliness and energy saving of the building throughout the expected service life. The goals of sustainable development in the architecture of waste management facilities should be implemented taking into account their typological affiliation, Valeria Supranovich clarified.

    Some theoretical results of this study were implemented in her diploma work “Technopark complex with waste processing function, Saint Petersburg, Yuntolovo district” by Arina Safronova, a graduate of the master’s program of the Department of Architectural Design of SPbGASU (supervisor – Valeria Supranovich).

    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.

    .

    MIL OSI Russia News

  • MIL-OSI Russia: China Launches Wind Energy Technology Courses for Representatives from Belt and Road Initiative Countries

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    BEIJING, July 18 (Xinhua) — A wind energy technology course opened Thursday morning in Lanzhou, capital of northwest China’s Gansu Province, for representatives from countries participating in the Belt and Road Initiative.

    According to the Gansu Daily newspaper, 28 cadets from 9 countries, including Azerbaijan, Malaysia, Egypt, Costa Rica, Kenya and Nigeria, took part in the opening ceremony of the courses.

    The training courses will last 21 days. The program of the courses includes professional lectures, technological exchanges, seminars, study tours, etc.

    Representatives from different countries will systematically study applied wind energy technologies and management experience in this area.

    Gansu Province has advantages in resources, production and technology in solar and wind energy development.

    It should be recalled that the Gansu Institute of Natural Energy Resources has been involved in organizing training courses to provide assistance to foreign countries since 1991. To date, a total of 109 international training courses on renewable energy such as solar and wind energy have been held. The training projects have trained more than 2,800 government officials and senior technical personnel for more than 130 countries. -0-

    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.

    .

    MIL OSI Russia News

  • MIL-OSI: Equinor ASA: Share buy-back – second tranche for 2025

    Source: GlobeNewswire (MIL-OSI)

    Please see below information about transactions made under the second tranche of the 2025 share buy-back programme for Equinor ASA (OSE:EQNR, NYSE:EQNR, CEUX:EQNRO, TQEX:EQNRO).

    Date on which the buy-back tranche was announced: 30 April 2025.
    The duration of the buy-back tranche: 16 May to no later than 21 July 2025.

    Further information on the tranche can be found in the stock market announcement on its commencement dated 30 April 2025, available here: https://newsweb.oslobors.no/message/644796

    From 14 July to 17 July 2025, Equinor ASA has purchased a total of 1,265,968 own shares at an average price of NOK 267.7138 per share.

    The second tranche of the 2025 share buy-back programme for Equinor ASA has now been completed.

    Overview of transactions:

    Date Trading venue Aggregated daily volume (number of shares) Daily weighted average share price (NOK) Total daily transaction value (NOK)
             
    14 July OSE 420,000 274.3443 115,224,606.00
      CEUX      
      TQEX      
             
    15 July OSE      
      CEUX      
      TQEX      
             
    16 July OSE 430,000 265,4404 114,139,372.00
      CEUX      
      TQEX      
             
    17 July OSE 415,968 263.3692 109,553,159.39
      CEUX      
      TQEX      
             
    Total for the period OSE 1,265,968 267.7138 338,917,137.39
      CEUX      
      TQEX      
             
    Previously disclosed buy-backs under the tranche OSE 15,111,220 256.7267 3,879,452,952.92
    CEUX      
    TQEX      
    Total 15,111,220 256.7267 3,879,452,952.92
             
    Total buy-backs under the tranche (accumulated) OSE 16,377,188 257.5760 4,218,370,090.30
    CEUX      
    TQEX      
    Total 16,377,188 257.5760 4,218,370,090.30

    Following the completion of the above transactions, Equinor ASA owns a total of 25,565,943 own shares, corresponding to 1.00% of Equinor ASA’s share capital, including shares under Equinor’s share savings programme (excluding shares under Equinor’s share savings programme, Equinor owns a total of 16,377,188 own shares, corresponding to 0.64% of the share capital).

    This is information that Equinor ASA is obliged to make public pursuant to the EU Market Abuse Regulation and that is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

    Appendix: A overview of all transactions made under the buy-back tranche that have been carried out during the above-mentioned time period is attached to this report and available at www.newsweb.no.

    Contact details:

    Investor relations
    Bård Glad Pedersen, senior vice president Investor Relations,
    +47 918 01 791

    Media
    Sissel Rinde, vice president Media Relations,
    +47 412 60 584

    Attachment

    The MIL Network

  • MIL-OSI: BW Energy: Second quarter 2025 operational update 

    Source: GlobeNewswire (MIL-OSI)

    Second quarter 2025 operational update 

    BW Energy will publish its financial results for the second quarter and first half of 2025 on 1 August 2025. Today, the company provides preliminary operational figures.

    Net production attributable to BW Energy was 2.9 million barrels of oil (mmbbls) in the second quarter 2025, equivalent to 32.3 thousand barrels of oil per day (kbopd), from the Dussafu license in Gabon (73.5% working interest) and the Golfinho field in Brazil (100% working interest).

      Q2 2025 Q1 2025 Q2 2024
    Production (mmbbls) 2.9 3.2 2.1
    Dussafu 2.4 2.6 1.4
    Golfinho 0.5 0.7 0.7
           
    Production (kbopd) 32.3 36.0 23.6
    Dussafu 26.6 28.7 15.6
    Golfinho 5.7 7.3 8.0
           
    Net volume sold (mmbbls) 2.8 3.7 1.9
    Dussafu1 2.3 3.2 0.9
    Golfinho 0.5 0.5 1
    1incl. Domestic market obligations (DMO) 0.07 0.07 0.03
    1incl. State profit oil 0.30 0.32 0.17
           
    Quarter-end stock inventory (mmbbls) 0.5 0.2  
    Dussafu -0.2 -0.4  
    Golfinho 0.7 0.6  
           
    Average realised price (USD)  66.7 74.8 83.8
    Dussafu 66.2 74.8 81.1
    Golfinho 69.1 75.0 86.4
            
    Operational costs2 (USD per barrel) 20.4 16.5 28.5
    Dussafu 14.3 9.9 19.8
    Golfinho 49.0 42.2 45.4


    2) Operating costs exclude Royalties, Tariffs, Workovers, Domestic Market Obligation purchases, Production Sharing costs in Gabon, and incorporates the impact of IFRS 16 adjustments.

    Reporting

    BW Energy will publish its financial results for the second quarter and first half of 2025 on 1 August at 07:00 CEST. Management will host a webcast presentation later the same day at 14:00 CEST, followed by a live Q&A session. The webcast will be available at www.bwenergy.no.

    For further information, please contact:

    Martin Seland Simensen, VP Investor Relations BW Energy

    +47 416 92 087, martin.simensen@bwenergy.no

    About BW Energy:

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

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

    The MIL Network

  • MIL-OSI: BW Energy: Second quarter 2025 operational update 

    Source: GlobeNewswire (MIL-OSI)

    Second quarter 2025 operational update 

    BW Energy will publish its financial results for the second quarter and first half of 2025 on 1 August 2025. Today, the company provides preliminary operational figures.

    Net production attributable to BW Energy was 2.9 million barrels of oil (mmbbls) in the second quarter 2025, equivalent to 32.3 thousand barrels of oil per day (kbopd), from the Dussafu license in Gabon (73.5% working interest) and the Golfinho field in Brazil (100% working interest).

      Q2 2025 Q1 2025 Q2 2024
    Production (mmbbls) 2.9 3.2 2.1
    Dussafu 2.4 2.6 1.4
    Golfinho 0.5 0.7 0.7
           
    Production (kbopd) 32.3 36.0 23.6
    Dussafu 26.6 28.7 15.6
    Golfinho 5.7 7.3 8.0
           
    Net volume sold (mmbbls) 2.8 3.7 1.9
    Dussafu1 2.3 3.2 0.9
    Golfinho 0.5 0.5 1
    1incl. Domestic market obligations (DMO) 0.07 0.07 0.03
    1incl. State profit oil 0.30 0.32 0.17
           
    Quarter-end stock inventory (mmbbls) 0.5 0.2  
    Dussafu -0.2 -0.4  
    Golfinho 0.7 0.6  
           
    Average realised price (USD)  66.7 74.8 83.8
    Dussafu 66.2 74.8 81.1
    Golfinho 69.1 75.0 86.4
            
    Operational costs2 (USD per barrel) 20.4 16.5 28.5
    Dussafu 14.3 9.9 19.8
    Golfinho 49.0 42.2 45.4


    2) Operating costs exclude Royalties, Tariffs, Workovers, Domestic Market Obligation purchases, Production Sharing costs in Gabon, and incorporates the impact of IFRS 16 adjustments.

    Reporting

    BW Energy will publish its financial results for the second quarter and first half of 2025 on 1 August at 07:00 CEST. Management will host a webcast presentation later the same day at 14:00 CEST, followed by a live Q&A session. The webcast will be available at www.bwenergy.no.

    For further information, please contact:

    Martin Seland Simensen, VP Investor Relations BW Energy

    +47 416 92 087, martin.simensen@bwenergy.no

    About BW Energy:

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

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

    The MIL Network

  • MIL-OSI USA: Rep. Simpson Secures INL Priorities in Energy and Water Appropriations Bill

    Source: US State of Idaho

    Rep. Simpson Secures INL Priorities in Energy and Water Appropriations Bill

    Washington, July 18, 2025

    WASHINGTON—The House Committee on Appropriations voted to advance the Fiscal Year 2026 Energy and Water Development and Related Agencies Appropriations Bill. Idaho Congressman Mike Simpson supported this advancement and secured critical funding for the Idaho National Laboratory (INL). This bill champions America’s nuclear deterrent and strengthens national security, restores energy dominance, and supports the Trump administration’s policy initiatives.
    “The Idaho National Laboratory is a world leader in nuclear energy research and a hub for remarkable advancements in nuclear technologies,” said Rep. Simpson. “INL has long worked to advance America’s nuclear technology and strengthen our national security, and I have been proud to support their efforts in Congress. I am confident that the future of nuclear energy is bright under President Trump and Secretary Wright. As a longtime member and former Chairman of this critical subcommittee, I am pleased to see this legislation expand America’s nuclear capabilities and address the future of nuclear energy. I look forward to seeing this bill cross the finish line.” 
    Highlights of the bill include:

    Provides funding for INL’s infrastructure and operations.
    Provides funding for INL’s Microreactor Application Research Validation and Evaluation (MARVEL) project.
    Provides funding for the Demonstration of Microreactor Experiments (DOME) Test Bed at INL.
    Funding for a variety of advanced reactor construction and demonstrations.
    Funding for further research and development of advanced Tri-structural Isotropic (TRISO) and High-Assay Low Enriched Uranium (HALEU) reactor fuel.

    The measure was approved by the Committee with a vote of 35 to 27.
    This funding package will now go to the full floor of the House of Representatives for further consideration.  

    MIL OSI USA News