Category: Energy

  • MIL-OSI Economics: Panasonic HD becomes the first in Japan to receive approval to operate 10 small and remote-controllable mobilities simultaneously on public roads across multiple regions and begins demonstration experiments – Contributing to enhanced efficiency of robot service business

    Source: Panasonic

    Headline: Panasonic HD becomes the first in Japan to receive approval to operate 10 small and remote-controllable mobilities simultaneously on public roads across multiple regions and begins demonstration experiments – Contributing to enhanced efficiency of robot service business

    Osaka, Japan, February 6, 2025 – Panasonic Holdings Corporation (Panasonic HD) today announced that it became the first in Japan,*1 as of January 23, 2025, to receive approval to operate 10 small and remote-controllable mobilities simultaneously on public roads across multiple regions under the supervision of a single operator, and began demonstration experiments.
    Amid a chronic labor shortage in the logistics industry, the growing volume of home delivery packages driven by the expansion of the e-commerce market and the rising number of individuals facing challenges in accessing essential goods, such as food, have emerged as significant social issues. In response to these social issues, the Ministry of Economy, Trade and Industry launched a public-private council in 2019 to promote deliveries by autonomous-driving robots, initiating a comprehensive study of social implementation of robot-assisted delivery services.
    Panasonic HD has developed a robotic solution that integrates automatic delivery robots with a remote control system and is promoting the use of robots in last-mile delivery, mobile vending, information dissemination, and other business sectors, and expanding social implementation in each region.
    To address labor shortages using robots, it is crucial that a single remote operator can safely manage multiple robots simultaneously. In response to this challenge, in April 2022, Panasonic HD became the first in Japan*2 to achieve full remote operation, with a single operator simultaneously controlling four small and remote-controllable mobilities without security personnel stationed near the mobile robots. Since then, the company has continued to provide services with various partners while operating multiple robots simultaneously.
    In order to further improve service efficiency, the company has developed an AI function that assists with some of the tasks of remote operators, significantly reducing their workload and enabling each operator to manage up to 10 robots simultaneously. A total of 10 automatic delivery robots named HAKOBO will be fully remotely operated in three regions: Fujisawa City, Kanagawa Prefecture; Kadoma City, Osaka Prefecture; and Saga City, Saga Prefecture.
    In the future, Panasonic HD aims to contribute to the provision of services that enable each individual operator to simultaneously utilize multiple robots across various regions. Furthermore, HAKOBO can be used for various purposes, such as mobile vending and information dissemination, by customizing the cabin mounted at the rear, reducing robot service operating costs through the integration of multiple units, regions, and services. Enabling the operation of these robots from an office in a remote location will also help eliminate worker imbalances between regions and improve work styles.

    Panasonic HD has developed the mobility service platform X-Area and aims to create a society where anyone can work with a sense of security anytime and anywhere by leveraging mobility functions even from remote locations through AI and robotics, while utilizing the company’s mobility services to make people’s lifestyles more convenient.
    Panasonic HD will continue to offer robotic solutions that integrate HAKOBO and other automatic delivery robots with remote control systems. Through these efforts, the company aims to provide services that enhance convenience in people’s lifestyles while addressing labor shortages and improving working conditions across various operations, including last-mile delivery, product vending, security and monitoring, advertising, guidance, and other tasks.
    Some of these results have been achieved through projects supported by NEDO (New Energy and Industrial Technology Development Organization).Grant project name: Project to Construct a Basis for Research and Development of Innovative Robots/Realization of Delivery Service by Automated Delivery RobotsCommissioned project name: Third Phase of the Strategic Innovation Promotion Program (SIP) Sponsored by the Cabinet Office/Expansion of Fundamental Technologies and Development of Rules Promoting Social Implementation to Expand HCPS Human-Collaborative Robotics.
    *1: Research conducted by Panasonic as of January 23, 2025.
    *2: Research conducted by Panasonic as of April 15, 2022.

    About the Panasonic Group
    Founded in 1918, and today a global leader in developing innovative technologies and solutions for wide-ranging applications in the consumer electronics, housing, automotive, industry, communications, and energy sectors worldwide, the Panasonic Group switched to an operating company system on April 1, 2022 with Panasonic Holdings Corporation serving as a holding company and eight companies positioned under its umbrella. The Group reported consolidated net sales of 8,496.4 billion yen for the year ended March 31, 2024. To learn more about the Panasonic Group, please visit: https://holdings.panasonic/global/

    MIL OSI Economics

  • MIL-OSI: Pulse Seismic Inc. Reports 2024 Financial Results and Declares Regular and Special Dividends

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, Feb. 13, 2025 (GLOBE NEWSWIRE) — Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or the “Company”) is pleased to report its financial and operating results for the year ended December 31, 2024. The audited consolidated financial statements, accompanying notes and MD&A are being filed on SEDAR+ (www.sedarplus.ca) and will be available on Pulse’s website at www.pulseseismic.com.

    Pulse’s Board of Directors today approved a quarterly dividend of $0.015 per share and additionally declared a special dividend of $0.20 per share. The total of the dividends will be approximately $10.9 million based on Pulse’s 50,837,863 common shares outstanding as of February 13, 2025, to be paid on March 13, 2025, to shareholders of record on February 28, 2025. This dividend is designated as an eligible dividend for Canadian income tax purposes. For non-resident shareholders, Pulse’s dividends are subject to Canadian withholding tax.

    “We are very pleased with the Company’s 2024 financial performance, and what we have accomplished so far in 2025. We remain focused on returning capital to shareholders, as deemed appropriate given the annual fluctuations inherent in our business. So far in 2025 we have secured $17.5 million in sales and today the Board of Directors declared a special dividend of $0.20 per share, in addition to the regular quarterly dividend,” stated Neal Coleman, Pulse’s President and CEO. “In 2024, 76% of free cashflow was allocated to dividends and share buybacks, and looking back to Q4 2021, after repayment of the majority of the 2019 acquisition debt, we resumed dividends and share buybacks and have declared $0.83 per share in dividends and decreased our share count by three million,” Coleman concluded.

    HIGHLIGHTS FOR THE YEAR ENDED DECEMBER 31, 2024

    • The return of capital to shareholders in 2024 including all dividends declared in the year and shares purchased under the Normal Course Issuer Bid (NCIB), totalled $9.5 million, and was 76% of shareholder free cashflow generated for the year;
    • Dividends of $0.10875 per share were declared in 2024. Regular dividends declared and paid totalled $0.05875 per share. The annualized regular dividend of $0.055 per share was increased by 9% to $0.06 per share in the second quarter of the year. A special dividend of $0.05 per share was paid in the third quarter of 2024;
    • 1,784,000 shares were purchased during the year under the Normal Course Issuer Bid (NCIB) at an average price of $2.17 per share, for total cost of approximately $3.9 million;
    • Shareholder free cash flow(a) was $12.4 million ($0.24 per share basic and diluted) compared to $24.8 million ($0.47 per share basic and diluted) for the year ended December 31, 2023;
    • EBITDA(a) was $15.5 million ($0.30 per share basic and diluted) compared to $30.4 million ($0.57 per share basic and diluted) for the year ended December 31, 2023;
    • Net earnings were $3.4 million ($0.07 per share basic and diluted) compared to net earnings of $15.0 million ($0.28 per share basic and diluted) for 2023;
    • Total revenue was $23.4 million compared to $39.1 million for the year ended December 31, 2023; and
    • At December 31, 2024, the Company had a cash balance of $8.7 million as well as $5.0 million of available liquidity on its credit facility.

    HIGHLIGHTS FOR THE THREE MONTHS ENDED DECEMBER 31, 2024

    • The regular quarterly dividend of $0.015 per share was paid in the fourth quarter;
    • A total of 97,700 shares were purchased under the NCIB in the fourth quarter, at an average price of $2.32 per share and total cost of approximately $226,000;
    • Shareholder free cash flow was $2.4 million ($0.05 per share basic and diluted) compared to $10.9 million ($0.21 per share basic and diluted) in the fourth quarter of 2023;
    • EBITDA was $3.8 million ($0.07 per share basic and diluted) compared to $13.6 million ($0.26 per share basic and diluted) in the fourth quarter of 2023;
    • Net earnings were $774,000 ($0.02 per share basic and diluted) compared to net earnings of $8.3 million ($0.16 per share basic and diluted) in the fourth quarter of 2023; and
    • Total revenue was $5.6 million compared to $16.9 million for the three months ended December 31, 2023.
    SELECTED FINANCIAL AND
    OPERATING INFORMATION
           
             
             
    (Thousands of dollars except per share data, Three months ended December 31, Years ended December 31,
    numbers of shares and kilometres of seismic data) 2024 2023 2024 2023
         
    Revenue 5,576 16,861 23,379 39,127
             
    Amortization of seismic data library 2,263 2,270 9,090 9,103
    Net earnings 774 8,307 3,391 15,007
    Per share basic and diluted 0.02 0.16 0.07 0.28
    Cash provided by operating activities 2,337 7,001 14,195 23,524
    Per share basic and diluted 0.05 0.13 0.28 0.44
    EBITDA (a) 3,785 13,592 15,496 30,431
    Per share basic and diluted (a) 0.07 0.26 0.30 0.57
    Shareholder free cash flow (a) 2,440 10,946 12,408 24,829
    Per share basic and diluted (a) 0.05 0.21 0.24 0.47
             
    Capital expenditures        
    Seismic data 225
    Property and equipment 45 28
    Total capital expenditures 270 28
             
    Dividends        
    Regular dividends declared 763 724 3,018 2,862
    Special dividends declared 10,527 2,548 18,519
    Total dividends declared 763 11,251 5,566 21,381
             
    Normal course issuer bid        
    Number of shares purchased and cancelled 97,700 59,500 1,784,000 1,005,006
    Cost of shares purchased and cancelled 227 112 3,880 1,943
             
    Weighted average shares outstanding        
    Basic and diluted 50,878,652 52,647,740 51,448,985 53,237,569
    Shares outstanding at period-end     50,837,863 52,621,863
             
    Seismic library        
    2D in kilometres     829,207 829,207
    3D in square kilometres     65,310 65,310
           
    FINANCIAL POSITION        
          December 31, December 31,
    (Thousands of dollars except working capital ratio)     2024 2023
    Working capital     9,222 7,468
    Working capital ratio     5.1:1 1.5:1
    Cash and cash equivalents     8,722 15,948
    Total assets     21,516 41,249
    EBITDA     15,496 30,431
    Shareholders’ equity     18,295 25,655
             
     

    (a) The Company’s continuous disclosure documents provide discussion and analysis of “EBITDA”, “EBITDA per share”, “shareholder free cash flow” and “shareholder free cash flow per share”. These financial measures do not have standard definitions prescribed by IFRS and, therefore, may not be comparable to similar measures disclosed by other companies. The Company has included these non-GAAP financial measures because management, investors, analysts and others use them as measures of the Company’s financial performance. The Company’s definition of EBITDA is cash available for interest payments, cash taxes, repayment of debt, purchase of its shares, discretionary capital expenditures and the payment of dividends, and is calculated as earnings (loss) from operations before interest, taxes, depreciation and amortization. The Company believes EBITDA assists investors in comparing Pulse’s results on a consistent basis without regard to non-cash items, such as depreciation and amortization, which can vary significantly depending on accounting methods or non-operating factors such as historical cost. EBITDA per share is defined as EBITDA divided by the weighted average number of shares outstanding for the period. Shareholder free cash flow further refines the calculation of capital available to invest in growing the Company’s 2D and 3D seismic data library, to repay debt, to purchase its common shares and to pay dividends by deducting non-discretionary expenditures from EBITDA. Non-discretionary expenditures are defined as non-cash expenses, debt financing costs (net of deferred financing expenses amortized in the current period), net restructuring costs and current tax provisions. Shareholder free cash flow per share is defined as shareholder free cash flow divided by the weighted average number of shares outstanding for the period.
    These non-GAAP financial measures are defined, calculated and reconciled to the nearest GAAP financial measures in the Management’s Discussion and Analysis.

    OUTLOOK

    Pulse’s ability to predict future revenue generation has always been challenging due to the nature of the business, which naturally fluctuates from year to year. That said, Pulse has had a strong start to the year having closed $17.5 million in sales, representing approximately 75% of sales in 2024. There are generally a mix of positive and negative factors influencing the industry which contributes to the challenge, and at this time in particular, uncertainty concerning 2025 is high. Positive factors in 2024, and recent projections into 2025 include high levels of M & A activity, approximately $19.4 billion in 2024 compared to $16.5 billion in 2023, while the latest annual forecast by Sayer Energy Advisors for 2025 is approximately $15.0 billion. There were continuing high volumes of land sales in Alberta in 2024: approximately $365 million, down only slightly from the $370 million in 2023, and significantly higher than in recent years going back to before the 2014-2015 industry downturn. In British Columbia, land sales which had been paused since May 2021 finally resumed in December 2024. New infrastructure, such as the TMX pipeline expansion which was completed in 2024 has already provided increased export capacity and is a driver of increased drilling activity. The Canadian Association of Energy Contractors, in November 2024 forecast an increase to 6,604 wells to be drilled in 2025, an approximate 7% increase over 2024. The pending completion of LNG Canada’s liquified natural gas export facility is expected to contribute to the forecast increase in drilling and may lead to an improvement in Canadian natural gas prices. The positive factors are offset by factors that create uncertainty for the future, including economic, political, and environmental concerns. It is clear that Canada needs to continue to build pipelines and increase natural gas egress, to support the country’s energy security, as well as to secure new buyers of Canadian energy. The impacts of the recent change in administration in the United States and the uncertainty around energy tariffs and trade policy, together with Canadian federal government leadership changes are contributing to the lack of clarity for the future.

    Pulse, as previously stated, has low visibility regarding future seismic data library sales levels, regardless of industry conditions. The Company remains focused on business practices that have served throughout the full range of conditions. The Company maintains a strong balance sheet, has zero debt, no capital spending commitments, and a disciplined and rigorous approach to evaluating growth opportunities. This 15-person company, led by an experienced and capable management team, operates with a low-cost structure and focuses on developing excellent client relations as well providing exceptional customer service. Pulse’s strong financial position, high leverage to increased revenue in its EBITDA margin and careful management of its cash resources have resulted in the return of capital to shareholders through regular and special dividends and the repurchase of its shares.

    CORPORATE PROFILE

    Pulse is a market leader in the acquisition, marketing and licensing of 2D and 3D seismic data to the western Canadian energy sector. Pulse owns the largest licensable seismic data library in Canada, currently consisting of approximately 65,310 square kilometres of 3D seismic and 829,207 kilometres of 2D seismic. The library extensively covers the Western Canada Sedimentary Basin, where most of Canada’s oil and natural gas exploration and development occur.

    For further information, please contact:
    Neal Coleman, President and CEO
    Or
    Pamela Wicks, Vice President Finance and CFO
    Tel.: 403-237-5559
    Toll-free: 1-877-460-5559
    E-mail: info@pulseseismic.com.
    Please visit our website at www.pulseseismic.com

    This document contains information that constitutes “forward-looking information” or “forward-looking statements” (collectively, “forward-looking information”) within the meaning of applicable securities legislation. Forward-looking information is often, but not always, identified by the use of words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “forecast”, “target”, “project”, “guidance”, “may”, “will”, “should”, “could”, “estimate”, “predict” or similar words suggesting future outcomes or language suggesting an outlook.

    The Outlook section herein contain forward-looking information which includes, but is not limited to, statements regarding:

    >   The outlook of the Company for the year ahead, including future operating costs and expected revenues;
    >   Recent events on the political, economic, regulatory, and legal fronts affecting the industry’s medium- to longer-term prospects, including progression and completion of contemplated pipeline projects;
    >   The Company’s capital resources and sufficiency thereof to finance future operations, meet its obligations associated with financial liabilities and carry out the necessary capital expenditures through 2025;
    >   Pulse’s capital allocation strategy;
    >   Pulse’s dividend policy;
    >   Oil and natural gas prices and forecast trends;
    >   Oil and natural gas drilling activity and land sales activity;
    >   Oil and natural gas company capital budgets;
    >   Future demand for seismic data;
    >   Future seismic data sales;
    >   Pulse’s business and growth strategy; and
    >   Other expectations, beliefs, plans, goals, objectives, assumptions, information and statements about possible future events, conditions, results and performance, as they relate to the Company or to the oil and natural gas industry as a whole.
         

    By its very nature, forward-looking information involves inherent risks and uncertainties, both general and specific, and risks that predictions, forecasts, projections and other forward-looking statements will not be achieved. Pulse does not publish specific financial goals or otherwise provide guidance, due to the inherently poor visibility of seismic revenue. The Company cautions readers not to place undue reliance on these statements as a number of important factors could cause the actual results to differ materially from the beliefs, plans, objectives, expectations and anticipations, estimates and intentions expressed in such forward-looking information.

    These factors include, but are not limited to:

    >   Uncertainty of the timing and volume of data sales;
    >   Volatility of oil and natural gas prices;
    >   Risks associated with the oil and natural gas industry in general;
    >   The Company’s ability to access external sources of debt and equity capital;
    >   Credit, liquidity and commodity price risks;
    >   The demand for seismic data and;
    >   The pricing of data library licence sales;
    >   Cybersecurity;
    >   Relicensing (change-of-control) fees and partner copy sales;
    >   Environmental, health and safety risks;
    >   Federal and provincial government laws and regulations, including those pertaining to taxation, royalty rates, environmental protection, public health and safety;
    >   Competition;
    >   Dependence on key management, operations and marketing personnel;
    >   The loss of seismic data;
    >   Protection of intellectual property rights;
    >   The introduction of new products; and
    >   Climate change.
         

    Pulse cautions that the foregoing list of factors that may affect future results is not exhaustive. Additional information on these risks and other factors which could affect the Company’s operations and financial results is included under “Risk Factors” in the Company’s most recent annual information form, and in the Company’s most recent audited annual financial statements, most recent MD&A, management information circular, quarterly reports, material change reports and news releases. Copies of the Company’s public filings are available on SEDAR+ at www.sedarplus.ca.

    When relying on forward-looking information to make decisions with respect to Pulse, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Furthermore, the forward-looking information contained in this document is provided as of the date of this document and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking information, except as required by law. The forward-looking information in this document is provided for the limited purpose of enabling current and potential investors to evaluate an investment in Pulse. Readers are cautioned that such forward-looking information may not be appropriate, and should not be used, for other purposes.

    PDF available: http://ml.globenewswire.com/Resource/Download/f55ea14e-e8ea-4d49-975a-eedb00bb9aa3

    The MIL Network

  • MIL-OSI USA: Statement from Energy Secretary Chris Wright

    Source: US Department of Energy

    U.S. Secretary of Energy Chris Wright released a statement after being sworn in as the 17th Secretary of Energy.

    Energy.gov

    February 3, 2025

    minute read time

    WASHINGTON—U.S. Secretary of Energy Chris Wright released the following statement after being sworn in earlier today as the 17th Secretary of Energy:

    “Thank you to President Trump and the United States Senate for entrusting me with the great responsibility of leading the United States Department of Energy,” Secretary Wright said. “The President has outlined a bold and ambitious agenda for restoring American energy dominance.  A key component of this vision is the United States leading the world in energy development and innovation.  Our department is critical in accomplishing these goals by cutting red tape, prioritizing common-sense solutions, and fostering American ingenuity.

    “I am honored and humbled by the responsibility and immense opportunity to help meet the American people’s growing energy needs. Our next chapter will strengthen our nation’s energy leadership by developing our enviable resources, bolstering global partnerships, and advancing new technologies.

    “When American energy is unleashed, human lives are bettered. I look forward to serving.”

    The swearing-in occurred at the Department of Energy Headquarters. A formal swearing-in and welcoming will occur later this week.

    MIL OSI USA News

  • MIL-OSI USA: Secretary Wright Acts to “Unleash Golden Era of American Energy Dominance”

    Source: US Department of Energy

    WASHINGTON—U.S. Secretary of Energy Chris Wright signed his first Secretarial Order today directing the Department of Energy to take immediate action to unleash American Energy in accordance with President Trump’s executive orders.

    SECRETARIAL ORDER

    FEBRUARY 5, 2025
    FROM:                       CHRIS WRIGHT
                                       SECRETARY OF ENERGY
    SUBJECT:                  Unleashing the Golden Era of American Energy Dominance

    As Secretary of Energy, it is an immense privilege to serve alongside each of you at such a consequential moment in American history. Energy is the essential ingredient that enables everything we do. A highly energized society can bring health, wealth, and opportunity for all. At the Department, we have an opportunity to promote energy abundance, demonstrate leadership in scientific and technological innovation, steward and strengthen our weapons stockpiles, and meet Cold War legacy waste clean-up commitments.

    President Trump has outlined a bold and ambitious agenda to unleash American energy at home and abroad to restore energy dominance. To compete globally, we must expand energy production and reduce energy costs for American families and businesses. America must lead the world in innovation and technology breakthroughs, which includes accelerating the work of the Department’s National Laboratories. We must also permit and build energy infrastructure and remove barriers to progress, including federal policies that make it too easy to stop projects and far too difficult to complete projects.

    We must pursue a culture of transparency, performance, and common sense to succeed. Accordingly, the Department will take the following initial actions:

    1. Advance Energy Addition, Not Subtraction: 

    Great attention has been paid to the pursuing of a net-zero carbon future. Net-zero policies raise energy costs for American families and businesses, threaten the reliability of our energy system, and undermine our energy and national security. They have also achieved precious little in reducing global greenhouse gas emissions. The fact is that energy matters, and we need more of it, not less. Going forward, the Department’s goal will be to unleash the great abundance of American energy required to power modern life and to achieve a durable state of American energy dominance.

    2. Unleash American Energy Innovation: 

    The Department’s Research and Development (R&D) enterprise is the envy of the world. We must focus our time and resources on technologies that will advance basic science, grow America’s scientific leadership, reduce costs for American families, strengthen the reliability of our energy system, and bolster America’s manufacturing competitiveness and supply chain security. As such, the Department’s R&D efforts will prioritize affordable, reliable, and secure energy technologies, including fossil fuels, advanced nuclear, geothermal, and hydropower. 
    The Department must also prioritize true technological breakthroughs – such as nuclear fusion, high-performance computing, quantum computing, and AI – to maintain America’s global competitiveness. To that end, the Department will comprehensively review its R&D portfolio. As part of that review, the Department will rigorously enforce project milestones to ensure that taxpayer resources are allocated appropriately and cost-effectively consistent with the law.

    3. Return to Regular Order on LNG Exports: 

    America is blessed with abundant energy resources – we are the world’s top oil and gas producer and a net energy exporter for the first time in decades. Our energy abundance is an asset, not a liability. On January 20, the Department resumed consideration of pending applications to export American liquefied natural gas (LNG) to countries without a free trade agreement (FTA) with the U.S. in accordance with the Natural Gas Act. Proper consideration of LNG export applications is required by law and shall proceed accordingly.

    4. Promote Affordability and Consumer Choice in Home Appliances: 

    A top priority of the Trump Administration is to ensure that American families can choose from a range of affordable home appliances and products. Therefore, the Department will initiate a comprehensive review of the DOE Appliance Standards Program. Any standards should include a cost-benefit analysis considering the upfront cost of purchasing new products and reflecting actual cost savings for American families. The Department will pursue a commonsense approach that does not regulate products that consumers value out of the market; instead, affordability and consumer choice will be our guiding light.

    5. Refill the Strategic Petroleum Reserve (SPR): 

    As President Trump has stated, the SPR is a national asset that protects our security in times of crisis. It must be refilled. Unfortunately, the SPR is currently at historically low levels. We will not permit this to become a new status quo. Moreover, the Department will review SPR infrastructure and develop appropriate plans to safeguard this important strategic asset.

    6. Modernize America’s nuclear stockpile: 

    We urgently need to modernize the nation’s nuclear weapons systems. The Department will continue its critical mission of protecting our national security and nuclear deterrence in the development, modernization, and stewardship of America’s atomic weapons enterprise, including the peaceful use of nuclear technology and nonproliferation.

    7. Unleash Commercial Nuclear Power in the United States: 

    The long-awaited American nuclear renaissance must launch during President Trump’s administration. As global energy demand continues to grow, America must lead the commercialization of affordable and abundant nuclear energy. As such, the Department will work diligently and creatively to enable the rapid deployment and export of next-generation nuclear technology.

    8. Strengthen Grid Reliability and Security: 

    Fortifying America’s electric grid is critical to the reliable and secure delivery of electricity. Under President Trump’s Executive Order, “Declaring a National Energy Emergency,” the Department will identify and exercise all lawful authorities to strengthen the nation’s grid, including the backbone of the grid, our transmission system. This is an imperative as we consider current and anticipated load growth on our nation’s electric utilities. Moreover, after two decades of very slow demand growth, electricity demand is forecast to soar in the coming years. The Department will bring a renewed focus to growing baseload and dispatchable generation to reliably meet growing demand.

    9. Streamline Permitting and Identify Undue Burdens on American Energy:

    A burdensome federal permitting process undermines America’s competitiveness and national security. Pursuant to President Trump’s Executive Orders, the Department will prioritize more efficient permitting to enable private sector investments and build the energy infrastructure needed to make energy more affordable, reliable, and secure. To that end, the Department will identify and exercise its legal authorities to expedite the approval and construction of reliable energy infrastructure.

    The Department’s mission is vital to American security and prosperity. Working together, we will accelerate American science, reduce energy costs for American families and businesses, and strengthen the reliability and security of our nation’s energy system — all in our quest to better human lives. I look forward to working with you on this noble mission.

    ###

    MIL OSI USA News

  • MIL-OSI USA: U.S. Department of Energy Secretary Chris Wright Announces Key Senior Staff Appointments

    Source: US Department of Energy

    WASHINGTON— Today, U.S. Secretary of Energy Chris Wright announced key appointments to the Department’s senior leadership team, naming experienced professionals who will lead efforts to advance President Trump’s energy agenda. 

    “President Trump has outlined a bold and ambitious agenda for restoring American energy dominance, and this exceptional team of leaders will be essential to delivering that agenda in this critical moment,” Secretary Wright said. “Energy is essential to everything we do, and I look forward to working together to remove barriers to innovation, cut red tape and pursue common sense solutions for unleashing our energy potential. The American people deserve nothing less.”

    Key senior staff appointments include:

    Office of the Secretary
    Alexander Fitzsimmons, Chief of Staff
    Audrey Barrios, Advisor to the Secretary
    Mike Kopp, Senior Advisor to the Secretary
    Conner Prochaska, Senior Advisor
    Theodore Garrish, Senior Advisor
    John LaValle, White House Liaison
    Samuel Fodale, Deputy White House Liaison

    Office of the Under Secretary for Infrastructure
    Steven Winberg, Acting Under Secretary

    Office of Public Affairs
    Andrea Woods, Deputy Director
    Ben Dietderich, Press Secretary and Chief Spokesperson

    Office of Management
    Ashley Hebert, Director, Scheduling and Advance
    Isabelle Lamanna, Director of Scheduling

    Office of the Chief Financial Officer
    Joshua Jones, Senior Advisor

    Office of Clean Energy Demonstrations
    Curt Coccodrilli, Senior Advisor
    Cathleen Tripodi, Executive Director

    Office of Science
    Christian Newton, Chief of Staff

    Office of Small and Disadvantaged Business Utilization
    Charles Smith, Director

    Loan Programs Office
    John Sneed, Director

    Grid Deployment Office
    Joseph Alexander, Chief of Staff
    Christina Francone, Senior Advisor

    Assistant Secretary for Congressional and Intergovernmental Affairs
    Shawn Affolter, Principal Deputy Assistant Secretary

    Assistant Secretary for Fossil Energy and Carbon Management
    Tala Goudarzi, Principal Deputy Assistant Secretary 
    Kevin Tatulyan, Chief of Staff

    Assistant Secretary for Energy Efficiency and Renewable Energy
    Louis Hrkman, Principal Deputy Assistant Secretary 

    Assistant Secretary for Electricity
    Catherine Jereza, Senior Advisor

    Assistant Secretary for Environmental Management
    Roger Jarrell, Senior Advisor

    Assistant Secretary for International Affairs
    William Joyce, Principal Deputy Assistant Secretary
    Andrew Rapp, Senior Advisor

    State And Community Energy Programs
    Eric Mahroum, Director
     

    MIL OSI USA News

  • MIL-OSI USA: WHAT THEY ARE SAYING: Secretary Wright Poised to Unleash American Energy Dominance

    Source: US Department of Energy

    WASHINGTON—This week, Chris Wright was sworn in as the 17th Secretary for the Department of Energy. Nominated by President Donald J. Trump for his leadership and experience in the energy sector, Secretary Wright has been at the forefront of expanding domestic production, strengthening critical infrastructure, and advancing policies that promote American energy independence. His expertise will be essential as the Department returns to regular order and works to advance President Trump’s energy dominance agenda.  

    Under Secretary Wright’s leadership, the Department will focus on streamlining operations, cutting regulatory burdens imposed by the previous Administration, prioritizing common-sense solutions and unleashing American energy to drive economic growth and strengthen national security. 

    Secretary Wright’s confirmation has been met with widespread praise from policymakers, industry leaders, and trade associations and others.

    What They’re Saying:        

    “As Secretary of Energy, Chris will be a key leader, driving innovation, cutting red tape, and ushering in a new ‘Golden Age of American Prosperity and Global Peace.’” – President Donald Trump 

    “America’s extraordinary new Energy Secretary, Chris Wright, will work alongside President Trump to restore American energy dominance. As an entrepreneur and leader in the energy sector, Chris has experienced the crushing weight of bureaucracy and knows that innovation – not regulation – is what drives down energy costs. House Republicans stand ready to work with Chris to advance policies that cut red tape for producers and lower costs for consumers.” – House Speaker Mike Johnson (R-La.)

    “Chris Wright has seen what American-made energy can do to improve human lives, bring people out of poverty, and remake entire societies. He will be an asset to President Trump’s energy team, and I look forward to seeing what he can accomplish to make our nation energy independent once again.” – U.S. Senator John Thune (R-S.D.), Senator Majority Leader

    “Secretary Chris Wright will help usher in the golden age of American energy dominance. He understands that affordable, abundant energy is the source of American strength. Under his leadership, we will use all of our nation’s vast energy resources to lower prices for families and grow our economy. I look forward to working with Secretary Wright and Secretary Doug Burgum to promote energy projects in Wyoming and across the country.” – U.S. Senator John Barrasso (R-Wyo.), Senate Majority Whip 

    “For the last four years, when Americans opened their energy bills, they didn’t see ‘climate plans’—they saw costs piling up and questions they couldn’t answer. With Chris Wright as Secretary of Energy, I am confident that we can reverse the irresponsible policies of the Biden administration and prioritize affordable and reliable energy. Under his leadership, the DOE will once again support the American worker, the American family, and the American future.” – U.S. Senator Mike Lee, Chairman, Senate Committee on Energy and Natural Resources (R-Utah)

    “Chris Wright is a successful Colorado entrepreneur with deep expertise in energy innovation and technology. He is passionate about strengthening America’s energy independence and lowering costs for Colorado families. While we don’t agree on everything, we look forward to working with him to ensure Colorado continues to lead the country in energy production and innovation.”  – U.S. Senator Michael Bennet (D-Colo.)

    “Chris Wright’s Liberty Energy company has been integral to the growth of North Dakota’s Bakken oil fields. From our shale play to carbon capture development, Chris knows the importance of energy innovation to the America First agenda.” – U.S. Senator Kevin Cramer (R-N.D.)

    “Christopher Wright has committed to an all-of-the-above domestic energy strategy that will advance and promote innovative solutions to achieve greater American energy excellence, leadership, and independence. He has an extensive background spanning many energy sources. Wright’s commitment to ensuring America is the leader in nuclear energy holds particular value for Idaho, which is home to one of the nation’s leading nuclear laboratories. Under his leadership at DOE, our nation will prioritize affordable, reliable, and secure energy sources that support American innovation and growth and improve the lives of Americans.”  – U.S. Senator Mike Crapo (R-Idaho)  

    “Time to unleash American energy! I look forward to working with Secretary of Energy Chris Wright to carry out President Trump’s agenda to support domestic energy production and jobs. Let’s get to work!” – U.S. Senator Steve Daines (R-Mont.)

    “Chris Wright is a scientist who has dedicated his life to the study and use of energy. He believes in science and supports the research that will deliver the affordable, reliable, and clean energy that will not only lower costs but make our country more secure. While we don’t always agree, we will work together because none of us have four years to wait to act.” – U.S. Senator John Hickenlooper (D-Colo.)

    “Chris Wright is another great addition to the Trump administration, bringing a wealth of knowledge and real-world experience to the job of Energy Secretary. He knows what it takes to develop new technologies and make them commercially viable. In North Dakota, we’ve seen firsthand his success in the private sector with the growth in the Bakken. We look forward to working with him in his new role to build upon that record of innovation and unleash America’s energy potential, including through North Dakota’s leadership in CCUS technologies.” – U.S. Senator John Hoeven (R-N.D.) 

    “Maintaining affordable and reliable energy will be key to both our economic success and national security in the years ahead. Secretary Wright understands the importance of utilizing our domestic energy resources to secure the grid, lower prices, and create family-sustaining jobs. I congratulate Secretary Wright on his confirmation and look forward to working with him to restore American energy dominance.” – U.S. Representative Brett Guthrie (R-Ky.), Chairman, House Committee on Energy and Commerce  

    “President Donald Trump made an excellent decision to nominate Chris Wright to be our next Secretary of Energy–I am confident that Secretary Wright will be a close ally and partner with me as Chairman of Energy and Water Appropriations to expand civil nuclear energy, modernize our nuclear deterrent, revitalize America’s defense industrial base, bring back critical mineral supply chains, and unleash all forms of American-made energy to get our economy back on track, lower costs for workers and families, and make the United States the number one energy producer and exporter in the world.”  – U.S. Representative Chuck Fleischmann (R-Tenn.), Chairman, House Appropriations Subcommittee on Energy and Water Development

    “Southeast Texas, the energy capital of the world, welcomes Secretary Chris Wright as our new leader of the Department of Energy. With his expertise and leadership, I am confident we will reverse the damage done to our energy industry, unleash American energy, and restore the United States as the dominant force on the world stage.” – U.S. Representative Randy Weber (R-Texas), Vice Chairman, Energy and Commerce Subcommittee on Energy   

    “I am greatly looking forward to working with Chris Wright in his new role as Secretary of Energy. Secretary Wright deeply understands the undeniable link between energy security and national security, the importance of reliable energy infrastructure, and how overregulation has killed innovation. I am eager to work alongside him to unleash domestic energy production, advance critical technologies, and restore American dominance on the global stage.”  – U.S. Representative August Pfluger (R-Texas), Chairman, Republican Study Committee 

    “I’m glad to see the Senate confirm Secretary Chris Wright. Under the Trump administration, reliable and proven energy sources such as liquefied natural gas and nuclear will thrive, and costs will decline. The Congressional Western Caucus is committed to supporting Secretary Wright’s efforts to ensure a golden age for American energy.” – U.S. Representative Doug LaMalfa (R-Calif.), Chairman, Congressional Western Caucus  

    “Congratulations, Chris Wright! You understand the importance of affordable, reliable, AND sustainable energy. I’m excited for your forward-thinking leadership at the Department of Energy, which will help secure our grid, lower costs, reduce emissions, and help our allies around the world.” – U.S. Representative Julie Fedorchak (R-N.D.)

    “Congratulations to Chris Wright on his confirmation as President Trump’s Secretary of Energy! Under the Trump administration, we will unleash American energy—including biofuels—to lower prices at the pump and end our reliance on foreign countries for our energy needs.” – U.S. Representative Randy Feenstra (R-Iowa)

    “Chris Wright’s strengths as an innovator and strategic thinker will be invaluable in bringing new ideas to the National Energy Council.”  – Gale Norton, former U.S. Secretary of the Interior 

    “Congrats to our next Secretary of Energy, Chris Wright. With his background in engineering and developing the Bakken, Chris understands how innovation drives production—making America safer with abundant, affordable, and reliable energy. Good for our state, good for the nation.” – Governor Kelly Armstrong (R-N.D.)

    “Secretary Chris Wright’s experience in the American energy sector gives him an important perspective that will inform his leadership of the Department of Energy. We look forward to working with him to bolster American geopolitical strength by swiftly approving new LNG export permits and ensuring the open access of American energy for our allies around the world.” – Mike Sommers, President and CEO, American Petroleum Institute   

    “Throughout their confirmation hearings, Governor Burgum, Congressman Zeldin, and Chris Wright have each proven their expertise and made clear they intend to advance an America-first, all-of-the-above energy strategy. With their leadership, I am confident we can collaborate on pragmatic, conservative policies to lower energy costs for American families and businesses and create good-paying jobs across the country—all while ensuring a cleaner future for generations to come.” – Heather Reams, President, Citizens for Responsible Energy Solutions 

    “We look forward to working with Mr. Wright to prioritize programs that help keep the lights on for families and businesses across America. We also look forward to working with Mr. Wright and DOE to make effective and efficient use of the remaining infrastructure funding appropriated by Congress that supports investments in electric infrastructure and helps co-ops harden their systems.” – James Matheson, CEO, National Rural Electric Cooperative Association

    “We applaud the Senate’s confirmation of Chris Wright as Secretary of Energy. In this new role, Secretary Wright will play a pivotal role in furthering our nation’s energy and national security goals through prioritizing reliable, 24/7/365 energy generation, like clean nuclear energy. We look forward to working with Secretary Wright to continue our progress toward building the resilient, reliable, and affordable energy grid of the future.” – Maria Korsnick, President and CEO, Nuclear Energy Institute

    “On behalf of the American Society of Mechanical Engineers (ASME) community, I’m pleased to congratulate Chris Wright on his confirmation as the U.S. Secretary of Energy. ASME continues to have strong alignment with the Department of Energy’s mission to advance our national energy goals, and we look forward to working with Secretary Wright to advance technology development, strengthen our energy workforce, and promote affordable, reliable, and sustainable energy.” – Thomas Costabile, Executive Director and CEO, American Society of Mechanical Engineers

    “With the Senate’s confirmation of Chris Wright, Doug Burgum, and Lee Zeldin, the United States is poised for a new era of energy leadership. These individuals are proven champions of energy development, job creation, and technological innovation. Under their leadership, we are confident that the United States will lead in energy and technology advancement, which will continue to become more hand in glove over time. The Digital Energy Council looks forward to working alongside the administration to ensure continued progress in the digital energy sector.” – Thomas Mapes, President, Digital Energy Council

    “PLASTICS extends our sincere congratulations to Chris Wright on his confirmation to serve as Secretary of the U.S. Department of Energy. Mr. Wright’s leadership in the energy sector, combined with his unwavering commitment to economic growth and job creation, aligns closely with the priorities of the plastics industry. We look forward to collaborating with Mr. Wright to implement practical, forward-thinking policies that will not only enhance the plastics industry but also promote sustainability, circularity, and responsible growth throughout the supply chain.” – Matt Seaholm, President and CEO, Plastics Industry Association 

    “Congratulations to Chris Wright on his confirmation as U.S. Secretary of Energy! With his expertise across nuclear, oil & gas, and renewables, America’s energy future is in strong hands.” – America First Policy Institute

    “Congratulations to Chris Wright on his confirmation as U.S. Secretary of Energy! With his deep expertise in energy innovation and commitment to affordability and reliability, we look forward to his leadership in shaping America’s energy future.” – The Colorado Business Roundtable

    “Chris is the right choice to reorient DOE toward a mission of bettering human lives—his passion has been evident for years.” – Western Energy Alliance

    “On behalf of EPSA and its members, I extend our congratulations to Secretary Chris Wright, Secretary Doug Burgum, and Administrator Lee Zeldin on their confirmations. We look forward to working with them to advance policies that enable infrastructure development and ensure Americans have access to reliable and cost-effective energy to meet the demands of a growing and evolving economy.” – Electric Power Supply Association 

    “Chris Wright as Secretary of Energy is a total game changer for American energy policy. We as a country are lucky that Chris’s vast energy knowledge, leadership abilities, and commitment to energy freedom will guide our energy policy.” – Alex Epstein, Author and Energy Advocate 
     

    MIL OSI USA News

  • MIL-OSI USA: Secretary Wright Meets with Crown Prince of Jordan

    Source: US Department of Energy

    Secretary of Energy Chris Wright met with His Royal Highness Crown Prince Al Hussein bin Abdullah II of the Hashemite Kingdom of Jordan at the Department of Energy’s headquarters in Washington.

    Energy.gov

    February 12, 2025

    minute read time

    WASHINGTON—U.S. Department of Energy Press Secretary Ben Dietderich released the following statement:

    “This afternoon, Secretary of Energy Chris Wright met with His Royal Highness Crown Prince Al Hussein bin Abdullah II of the Hashemite Kingdom of Jordan at the Department of Energy’s headquarters in Washington. The two leaders discussed opportunities to deepen cooperation between the United States and the Kingdom of Jordan by fostering economic growth and bettering human lives through energy abundance.

    “Secretary Wright committed to working with the Crown Prince and the Kingdom of Jordan to strengthen the energy security of both nations.”

    MIL OSI USA News

  • MIL-OSI Economics: Balancing Environmental Considerations and Cost Optimization to Shape the Future of Sustainable Procurement: Daisuke Okumura

    Source: Panasonic

    Headline: Balancing Environmental Considerations and Cost Optimization to Shape the Future of Sustainable Procurement: Daisuke Okumura

    Key Figure in Raw Material Procurement for Sustainable EV Batteries
    Daisuke Okumura
    Engineering Procurement Promotion Department, Procurement DivisionMobility Energy Business DivisionPanasonic Energy Co., Ltd.
    Okumura joined the company in 2003, initially handling rare metal sales at the Corporate International Trade Division (at the time). He later spent five and a half years in Shanghai, China, gaining experience in group-wide centralized contracts for battery materials, steel, and resins. After returning to Japan, he engaged in lithium-ion battery material procurement. He is currently involved in cost reduction for raw materials, supplier selection, and BOM*¹ cost management, primarily for automotive applications.
    *1: Bill of Materials (BOM): The total cost of all components and materials required for product manufacturing.

    Taking on the Challenge of Reducing Environmental Impact Across the Entire Supply Chain
    As increasing importance is placed on sustainability and ESG, the role of procurement has undergone a significant transformation in recent years. Sustainable procurement is now a key element of environmental consideration and social responsibility. In addition to the traditional Quality, Cost, and Delivery (QCD) criteria, reducing environmental impact has become a key factor in supplier selection.

    In the value chain of automotive lithium-ion batteries, a substantial portion of CO₂ emissions arises from raw material extraction, processing, and transportation, more so than battery production itself. Notably, the procurement of cathode and anode materials associated with battery performance and safety accounts for nearly half of these emissions. In response, Panasonic Energy Co., Ltd. has set a goal to halve its carbon footprint (CFP)*² by FY2030 compared to FY2021. To achieve this, the company is advancing initiatives to minimize environmental impact across the supply chain in addition to realizing net zero CO₂ emissions at its own plants (becoming carbon neutral).

    Additionally, procurement must quickly adapt to price fluctuations caused by factors beyond our control, such as geopolitical risks and policy changes. To enhance resilience, we are not only diversifying supply sources but also working closely with customers to identify and secure safer, higher-quality raw materials, strengthening the resilience of our procurement operations.
    *2: Carbon Footprint (CFP): CO₂ emissions converted from greenhouse gas emissions throughout the entire product life cycle—from raw material procurement to disposal and recycling of a product or service.

    Increasing the Local Procurement Rate to Accelerate a Sustainable Procurement Strategy
    Various initiatives are underway in the United States, the key battleground for automotive lithium-ion batteries. Since 2019, Panasonic Energy has partnered with the US-based battery recycling company Redwood Materials. Together, they are working to establish the first cathode material recycling system in the US by recycling battery waste materials from Panasonic Energy of North America’s factory and using them to manufacture new cathode materials.If successfully implemented, this initiative will also enhance local procurement rates in the US, aligning with the goal of strengthening North American supply chains. However, ensuring economic feasibility is critical to its success. In addition to improving material recycling rates, extensive discussions and negotiations are ongoing to keep costs competitive with existing cathode materials in the market.

    We showcased NMG’s environmentally friendly graphite powder at the Panasonic booth at CES 2025.

    Until now, much of the graphite used in anode materials came from Asia, creating issues with transportation costs and environmental impact. To address these issues, we have signed a long-term supply agreement with Canada-based Nouveau Monde Graphite (NMG), a company that produces graphite using renewable energy from hydropower.By accelerating this sustainable procurement strategy, we aim to reduce the CFP of battery production and establish a low-environmental-impact supply chain.
    In the increasingly competitive market for automotive lithium-ion batteries, survival depends not only on quality and cost but also on speed. Introducing new materials, including the evaluation process, has traditionally taken several years. This is too slow to keep up with rapid global changes.Recognizing this challenge, we are reviewing evaluation methods, risk management processes, and other key procedures. By working closely with our customers to gain their understanding and cooperation, we are working to shorten the time required for material adoption.

    Leading the Development of a Circular Economy for EV Batteries
    Our goal is to first build an environmentally conscious supply chain in the US to establish a circular economy for automotive lithium-ion batteries and then expand the initiative to Japan. To scale these efforts, connecting recycling companies and cathode material manufacturers is essential, creating a cohesive ecosystem. While there are significant technological and cost-related challenges to overcome, advocating for the importance of tackling these issues and leading the way is a crucial role of procurement.
    Panasonic Energy’s mission is “Achieving a society in which the pursuit of happiness and a sustainable environment are harmonized and free of conflict.” To me, harmony means balancing environmental responsibility with economic viability. Without achieving this balance, our mission cannot be fulfilled. It is an extremely challenging goal, but by driving reforms with both caution and boldness, we are committed to advancing the adoption of EVs—key to realizing a decarbonized society—and will continue to take on this challenge with determination.

    Touring a factory to select a new supplier (Okumura is second from the left)

    The content in this website is accurate at the time of publication but may be subject to change without notice.Please note therefore that these documents may not always contain the most up-to-date information.Please note that German, French and Chinese versions are machine translations, so the quality and accuracy may vary.

    MIL OSI Economics

  • MIL-OSI USA: President Trump Demands Fair, Reciprocal Trade

    US Senate News:

    Source: The White House
    Today, President Donald J. Trump unveiled a plan for fair, free, reciprocal trade as he makes clear to the world that the United States will no longer tolerate being ripped off. The U.S. has one of the most open economies in the world, yet our trading partners keep their markets closed to U.S. exports — and reciprocal trade will finally correct that imbalance.
    President Trump’s plan to restore fairness and put American workers first was met with immediate praise:
    Renewable Fuels Association: “For almost a decade now, we have spent precious time and resources fighting back against an unfair and unjustified tariff regime imposed by Brazil’s government on U.S. ethanol imports. What’s more ironic is that these tariff barriers have been erected against U.S. ethanol imports while our country has openly accepted—and even encouraged and incentivized—ethanol imports from Brazil. As the two largest ethanol producers on the planet, we long enjoyed a cooperative free-trade relationship with Brazil involving ethanol, relying on each other when there were shortfalls or disruptions in the U.S. or Brazilian marketplace. However, that bilateral cooperation was abandoned by Brazil in 2017, when they instituted a tariff rate quota scheme, and eventually adopted a tariff in 2020. The Brazilian tariff on U.S. ethanol now stands at 18 percent and has virtually eliminated all market access for U.S. ethanol producers. We thank President Trump for taking this action and hope this reciprocal tariff will help encourage a return to free and fair ethanol trade relationship with Brazil.”
    American Iron and Steel Institute: “AISI applauds President Trump’s action today ordering the development of a comprehensive plan for restoring fairness in U.S. trade relationships and countering non-reciprocal trading arrangements. American steel producers know well the negative impact of foreign unfair trade practices, including subsidies, currency manipulation and other unfair and discriminatory policies and practices, on domestic industries and their workers … We look forward to working with the Secretary of Commerce, the U.S. Trade Representative and other key administration officials as they develop their plan of action to ensure reciprocity in international trade and to preserve the competitiveness of the American steel industry and other sectors.”
    Growth Energy: “While American biofuel producers have been almost entirely blocked off from the Brazilian market, Brazilian producers have enjoyed unfettered access to the U.S. In some cases, certain policies in the U.S. even incentivize the use of imported Brazilian ethanol instead of ethanol produced here in the U.S. This runs contrary to putting America first, and is exactly why President Trump is taking steps to address this issue. Thank you, President Trump for taking action and pushing for a level playing field for American ethanol producers.”
    Small Business Administration: “President Trump is right: restoring a level playing field on trade will unlock the next blue collar boom – creating jobs and powering our economy through ‘Made in America.’ Huge news for Main Street!”
    Energy Secretary Chris Wright: “President’s Trump’s ‘Fair and Reciprocal Plan’ on trade puts the American people first. As a former businessman, it’s great to see our country being run like a business and fighting for fairness on trade– it’s the American way!”
    Secretary of the Interior Doug Burgum: “President Trump is making America strong again. His Fair and Reciprocal Plan is commonsense: if you impose tariffs on us, we will impose tariffs on you in return.”
    Secretary of Transportation Sean Duffy: “Bravo, President Trump! Thank you for announcing the Fair and Reciprocal Plan, which is based on legislation we worked on together in your first term. Unfair trade practices have hurt America’s transportation and infrastructure sectors for too long. President Trump’s trade plan will strengthen supply chains, boost infrastructure investments, and expand American transportation solutions. We promised a golden age of transportation, and I will not rest until America’s transportation system is great again!”
    Secretary of Housing and Urban Development Scott Turner: “For too long Washington has put foreign interests above Americans — that ends today. @POTUS’ Fair and Reciprocal Plan will put American workers on a level playing field.”
    EPA Administrator Lee Zeldin: “The American people elected @POTUS with a mandate to grow our economy and bring back American manufacturing. When it comes to Reciprocal tariffs, no one should ever underestimate President Trump’s vision, long game, and determination to deliver the Great American Comeback.”
    Speaker Mike Johnson (R-LA): “For too long, foreign countries have exploited America through unfair trade practices. President Trump’s reciprocal tariffs aim to confront these countries, protecting American workers and businesses through trade that is fair again. The Trump policies are focused on leveling the playing field and putting America FIRST.”
    Sen. Jim Banks (R-IN): “The globalist approach to trade threw our workers under a bus driven by their foreign competitors. President Trump’s America First trade plan corrects this injustice that our industries and workers have faced for decades. The reciprocal tariffs announced today will bring back fairness and prosperity and stop Americans from being taken advantage of.”
    Sen. Marsha Blackburn (R-TN): “President Trump is putting American workers and farmers first. He will end unfair trade deals and prioritize goods made in America! With President Trump at the negotiating table, we are going to get the best possible deal.”
    Sen. Lindsey Graham (R-SC): “Most countries charge us far more in tariffs than we charge them. Those days are over. I applaud President Trump’s decision to impose reciprocal tariffs against our trading partners. Whatever tariffs they put on American products, we will put on their products. This will be a game changer. Simple and brilliant.”
    Sen. Roger Marshall (R-KS): “Gone are the days of unfair trade deals that give foreign nations the upper hand. Today, President Trump put the world on notice: America will no longer be taken advantage of.”
    Sen. Pete Ricketts (R-NE): “The average weighted tariff on foreign products coming into the U.S. is 1.5%, yet the average tariff on U.S. products globally is 6%. President Trump promised to bring those numbers closer to balance. These tariffs are a step toward accomplishing that goal.”
    Sen. Rick Scott (R-FL): “President Trump’s fight for a level playing field and reciprocal treatment is common sense. The U.S. is done treating others better than they’re treating us. President Trump understands the art of the deal, and thanks to his strong leadership, we’re getting better deals that will help our businesses and grow our economy!”
    Sen. Tommy Tuberville (R-AL): “President Trump is brokering deals that put American farmers, manufacturers, and producers first. America has some of the best and brightest manufacturers and there’s no reason we can’t produce most things right here at home.”
    Majority Whip Tom Emmer (R-MN): “The master negotiator strikes again. @POTUS is realigning the playing field with countries that have taken advantage of us for far too long and delivering on his promise to put America FIRST.”
    Chairwoman Lisa McClain (R-MI): “President Trump is wasting no time leveling the playing field. I am optimistic the pressure applied by the ongoing tariff negotiations will lead to a wave of investment across the U.S. @POTUS is keeping his promise to put our economy first.”
    Ways and Means Committee Chair Jason Smith (R-MO): “President Trump understands that American workers and manufacturers can outcompete those of any other nation. But for far too long they have been held back by a lack of reciprocity because other countries impose much higher tariffs and other barriers than the United States imposes on imports. President Trump’s Executive Order helps deliver a level playing field for American workers and manufacturers.”
    Rep. Carlos Gimenez (R-FL): “President Trump has just announced RECIPROCAL TARIFFS for countries unfairly treating American products! If you want to sell to the USA, we must have access to your market as well. What is fair, is fair!”
    Rep. Byron Donalds (R-FL): “We will no longer tolerate being ripped-off by the rest of the world. Under President Trump, government is putting the American people first again. And that means RECIPROCAL TARIFFS”
    Rep. Randy Feenstra (R-IA): “Brazil imposes an 18% tariff on U.S. ethanol while we only charge Brazil 2.5%. In 2024, that imbalance resulted in our nation importing $200 million in Brazilian ethanol while Brazil only imported $52 million in U.S. ethanol. Our farmers deserve better!”
    Rep. Andy Harris (R-MD): “The days of America being taken advantage of are over. The “Fair and Reciprocal Plan” will put the American worker first and bring fairness back to international trade.”
    Rep. Diana Harshbarger (R-TN): “Our nation has been at the bad end of business deals regarding trade practices with other countries for far too long. That’s coming to an end. President Trump’s reciprocal tariffs are putting the world on notice — the gravy train is over, and we won’t be taken advantage of anymore.”
    Rep. Kevin Hern (R-OK): “President Trump is a strong leader – he’s not allowing the world to take advantage of the United States any longer. These reciprocal tariffs will incentivize other nations to level the playing field and remove long-standing, exorbitant tariffs. America FIRST!”
    Rep. Riley Moore (R-WV): “President Trump just announced plans to implement reciprocal tariffs on the foreign countries who are ripping us off. I’m proud to be leading this effort in Congress.”
    Rep. Greg Steube (R-FL): “I thank President Trump for standing up for American workers with his bold plan to restore balance and fairness to the marketplace. He and his administration understand that our workers deserve trade policies that are fair and beneficial to all.  For far too long, blue-collar communities in the United States have been ripped off by foreign competitors benefiting from manipulative trade practices. If other countries believe they can continue to cheat the American people of their share of prosperity, they are sadly mistaken. President Trump has the right plan to secure our economy, restore fairness to international trade, and bring back good-paying jobs to the United States.”
    Rep. Beth Van Duyne (R-TX): “American workers, farmers, and manufacturers finally have a President who fights for them! I applaud President Trump’s plan to combat unfair trade practices. Our best days are still ahead of us!”
    House Republican Study Committee: “The Trump administration just announced reciprocal tariffs for countries like China that rip off the United States. It’s past time to flip the script on this. President Trump is trying to restore fairness in trade, ensuring that other countries are held to account for slapping tariffs on American goods. Gone are the days of our great nation being taken advantage of. Period.”
    President Trump’s plan to restore fairness and put American workers first was met with immediate praise:
    Renewable Fuels Association: “For almost a decade now, we have spent precious time and resources fighting back against an unfair and unjustified tariff regime imposed by Brazil’s government on U.S. ethanol imports. What’s more ironic is that these tariff barriers have been erected against U.S. ethanol imports while our country has openly accepted—and even encouraged and incentivized—ethanol imports from Brazil. As the two largest ethanol producers on the planet, we long enjoyed a cooperative free-trade relationship with Brazil involving ethanol, relying on each other when there were shortfalls or disruptions in the U.S. or Brazilian marketplace. However, that bilateral cooperation was abandoned by Brazil in 2017, when they instituted a tariff rate quota scheme, and eventually adopted a tariff in 2020. The Brazilian tariff on U.S. ethanol now stands at 18 percent and has virtually eliminated all market access for U.S. ethanol producers. We thank President Trump for taking this action and hope this reciprocal tariff will help encourage a return to free and fair ethanol trade relationship with Brazil.”
    American Iron and Steel Institute: “AISI applauds President Trump’s action today ordering the development of a comprehensive plan for restoring fairness in U.S. trade relationships and countering non-reciprocal trading arrangements. American steel producers know well the negative impact of foreign unfair trade practices, including subsidies, currency manipulation and other unfair and discriminatory policies and practices, on domestic industries and their workers … We look forward to working with the Secretary of Commerce, the U.S. Trade Representative and other key administration officials as they develop their plan of action to ensure reciprocity in international trade and to preserve the competitiveness of the American steel industry and other sectors.”
    Growth Energy: “While American biofuel producers have been almost entirely blocked off from the Brazilian market, Brazilian producers have enjoyed unfettered access to the U.S. In some cases, certain policies in the U.S. even incentivize the use of imported Brazilian ethanol instead of ethanol produced here in the U.S.,” said Growth Energy CEO Emily Skor. “This runs contrary to putting America first, and is exactly why President Trump is taking steps to address this issue. Thank you, President Trump for taking action and pushing for a level playing field for American ethanol producers.”
    Small Business Administration: “President Trump is right: restoring a level playing field on trade will unlock the next blue collar boom – creating jobs and powering our economy through “Made in America.” Huge news for Main Street!”
    Energy Secretary Chris Wright: “President’s Trump’s ‘Fair and Reciprocal Plan’ on trade puts the American people first. As a former businessman, it’s great to see our country being run like a business and fighting for fairness on trade– it’s the American way!”
    Secretary of the Interior Doug Burgum: “President Trump is making America strong again. His Fair and Reciprocal Plan is commonsense: if you impose tariffs on us, we will impose tariffs on you in return.”
    Secretary of Transportation Sean Duffy: “Bravo, President Trump! Thank you for announcing the Fair and Reciprocal Plan, which is based on legislation we worked on together in your first term. Unfair trade practices have hurt America’s transportation and infrastructure sectors for too long. President Trump’s trade plan will strengthen supply chains, boost infrastructure investments, and expand American transportation solutions. We promised a golden age of transportation, and I will not rest until America’s transportation system is great again!”
    Secretary of Housing and Urban Development Scott Turner: “For too long Washington has put foreign interests above Americans — that ends today. @POTUS’ Fair and Reciprocal Plan will put American workers on a level playing field.”
    EPA Administrator Lee Zeldin: “The American people elected @POTUS with a mandate to grow our economy and bring back American manufacturing. When it comes to Reciprocal tariffs, no one should ever underestimate President Trump’s vision, long game, and determination to deliver the Great American Comeback.”
    Speaker Mike Johnson (R-LA): “For too long, foreign countries have exploited America through unfair trade practices. President Trump’s reciprocal tariffs aim to confront these countries, protecting American workers and businesses through trade that is fair again. The Trump policies are focused on leveling the playing field and putting America FIRST.”
    Sen. Jim Banks (R-IN): “The globalist approach to trade threw our workers under a bus driven by their foreign competitors. President Trump’s America First trade plan corrects this injustice that our industries and workers have faced for decades. The reciprocal tariffs announced today will bring back fairness and prosperity and stop Americans from being taken advantage of.”
    Sen. Marsha Blackburn (R-TN): “President Trump is putting American workers and farmers first. He will end unfair trade deals and prioritize goods made in America! With President Trump at the negotiating table, we are going to get the best possible deal.”
    Sen. Lindsey Graham (R-SC): “Most countries charge us far more in tariffs than we charge them. Those days are over. I applaud President Trump’s decision to impose reciprocal tariffs against our trading partners. Whatever tariffs they put on American products, we will put on their products. This will be a game changer. Simple and brilliant.”
    Sen. Roger Marshall (R-KS): “Gone are the days of unfair trade deals that give foreign nations the upper hand. Today, President Trump put the world on notice: America will no longer be taken advantage of.”
    Sen. Pete Ricketts (R-NE): “The average weighted tariff on foreign products coming into the U.S. is 1.5%, yet the average tariff on U.S. products globally is 6%. President Trump promised to bring those numbers closer to balance. These tariffs are a step toward accomplishing that goal.”
    Sen. Rick Scott (R-FL): “President Trump’s fight for a level playing field and reciprocal treatment is common sense. The U.S. is done treating others better than they’re treating us. President Trump understands the art of the deal, and thanks to his strong leadership, we’re getting better deals that will help our businesses and grow our economy!”
    Sen. Tommy Tuberville (R-AL): “President Trump is brokering deals that put American farmers, manufacturers, and producers first. America has some of the best and brightest manufacturers and there’s no reason we can’t produce most things right here at home.”
    Majority Whip Tom Emmer (R-MN): “The master negotiator strikes again. @POTUS is realigning the playing field with countries that have taken advantage of us for far too long and delivering on his promise to put America FIRST.”
    Chairwoman Lisa McClain (R-MI): “President Trump is wasting no time leveling the playing field. I am optimistic the pressure applied by the ongoing tariff negotiations will lead to a wave of investment across the U.S. @POTUS is keeping his promise to put our economy first.”
    Ways and Means Committee Chair Jason Smith (R-MO): “President Trump understands that American workers and manufacturers can outcompete those of any other nation. But for far too long they have been held back by a lack of reciprocity because other countries impose much higher tariffs and other barriers than the United States imposes on imports. President Trump’s Executive Order helps deliver a level playing field for American workers and manufacturers.”
    Rep. Carlos Gimenez (R-FL): “President Trump has just announced RECIPROCAL TARIFFS for countries unfairly treating American products! If you want to sell to the USA, we must have access to your market as well. What is fair, is fair!”
    Rep. Byron Donalds (R-FL): “We will no longer tolerate being ripped-off by the rest of the world. Under President Trump, government is putting the American people first again. And that means RECIPROCAL TARIFFS”
    Rep. Randy Feenstra (R-IA): “Brazil imposes an 18% tariff on U.S. ethanol while we only charge Brazil 2.5%. In 2024, that imbalance resulted in our nation importing $200 million in Brazilian ethanol while Brazil only imported $52 million in U.S. ethanol. Our farmers deserve better!”
    Rep. Andy Harris (R-MD): “The days of America being taken advantage of are over. The “Fair and Reciprocal Plan” will put the American worker first and bring fairness back to international trade.”
    Rep. Diana Harshbarger (R-TN): “Our nation has been at the bad end of business deals regarding trade practices with other countries for far too long. That’s coming to an end. President Trump’s reciprocal tariffs are putting the world on notice — the gravy train is over, and we won’t be taken advantage of anymore.”
    Rep. Kevin Hern (R-OK): “President Trump is a strong leader – he’s not allowing the world to take advantage of the United States any longer. These reciprocal tariffs will incentivize other nations to level the playing field and remove long-standing, exorbitant tariffs. America FIRST!”
    Rep. Riley Moore (R-WV): “President Trump just announced plans to implement reciprocal tariffs on the foreign countries who are ripping us off. I’m proud to be leading this effort in Congress.”
    Rep. Greg Steube (R-FL): “I thank President Trump for standing up for American workers with his bold plan to restore balance and fairness to the marketplace. He and his administration understand that our workers deserve trade policies that are fair and beneficial to all.  For far too long, blue-collar communities in the United States have been ripped off by foreign competitors benefiting from manipulative trade practices. If other countries believe they can continue to cheat the American people of their share of prosperity, they are sadly mistaken. President Trump has the right plan to secure our economy, restore fairness to international trade, and bring back good-paying jobs to the United States.”
    Rep. Beth Van Duyne (R-TX): “American workers, farmers, and manufacturers finally have a President who fights for them! I applaud President Trump’s plan to combat unfair trade practices. Our best days are still ahead of us!”
    House Republican Study Committee: “The Trump administration just announced reciprocal tariffs for countries like China that rip off the United States. It’s past time to flip the script on this. President Trump is trying to restore fairness in trade, ensuring that other countries are held to account for slapping tariffs on American goods. Gone are the days of our great nation being taken advantage of. Period.”

    MIL OSI USA News

  • MIL-OSI United Nations: Southeast Asia provides fertile ground for women to benefit from AI

    Source: United Nations 2-b

    By Miklos Gaspar

    Economic Development

    Artificial intelligence or AI technology can help to protect vulnerable women, give women a voice in male-dominated communities and increase training opportunities in Southeast Asia thanks to innovative approaches by United Nations agencies.

    With AI enabled technology becoming commonplace, the UN System is beginning to take advantage of the latest digital tools to bring gender equality closer to reality

    Southeast Asia, a middle-income region with widespread internet coverage and relatively high digital literacy levels, is fertile ground for AI enabled development. Here are three examples of initiatives that could help large numbers of women in their private and professional lives in the coming years.

    The Philippines: Training entrepreneurs in remote areas

    The Philippines is made up of an archipelago of thousands of islands that can be costly and difficult to reach from the country’s urban centres. This has meant that inhabitants of the more remote islands have often not been able to fully benefit from training opportunities offered by the UN and its partners.

    Since December 2023, however, the International Labour Organization (ILO) has been supporting business owners, particularly women entrepreneurs, with the help of the latest AI chatbots.

    “In many cases, trainers no longer need to travel to remote villages in far-flung islands and mountains,” says ILO Technical Specialist Hideki Kagohashi. “The trainer is a mobile phone chatbot.”

    On Siargao Island, this chatbot is providing women selling coconut products with technical advice, and helping women entrepreneurs create digital marketing posts for Facebook, drastically reducing the time needed for daily posting from a few hours to just 10-20 minutes.

    “Previously entrepreneurs often stopped posting because it took too much time over too long of a period to have demonstratable results,” Kagohashi explains. “But now with generative AI they can swiftly create higher quality content with relevant picture or video, more varied posts daily, complete with audience targeting for tone and content, leading to higher online engagement and increased sales.”

    The project is still in pilot phase, but ILO and its partners will scale up AI-enabled coaching to reach at least 15,000 small and medium-sized businesses nationwide over the next three years.

    UNFPA Thailand

    High school students in Phuket, Thailand, use a UNFPA-backed chatbot.

    Thailand: Protection for vulnerable women and girls

    For around a year, the AI-powered SoSafe platform has been providing Thai women with tailored advice on social issues including unintended pregnancies, sexual harassment, and domestic violence, amongst others. Primarily used by women and girls in vulnerable situations, SoSafe contains verified information for youth, women and the elderly about their social benefits and rights.

    The impact has been palpable: SoSafe is accessible to 600,000 users across 14 pilot provinces, has improved communication between affected women and support services and has led to over 1,000 cases of domestic violence being reported to the authorities.

    The platform, delivered by the UN Population Fund (UNFPA), in cooperation with Thailand’s National Science and Technology Development Agency and other partners, detects keywords and provides automated responses to offer users timely support. The information on SoSafe comes from government databases and reliable sources, which helps ensure that users receive accurate information.

    UNDP Indonesia

    Village leaders in Indonesia testing STRIVE, a UNDP-backed AI tool

    Indonesia: A stronger voice in the community

    In Indonesia’s 75,000 villages, decisions tend be made by middle-aged men, who are more likely to attend open debates and meetings.

    “Participation in village meetings is male dominated, and open voting can lead to stigmatization of those who may not agree with the head of the village, suppressing open discussion,” explains Dhany Oktaviany, the project manager of Social Innovation Platform (SIP).

    SIP, a project run by the UN Development Programme (UNDP) in support of Indonesia’s Ministry of Village, aims to change this situation. As part of SIP, an AI-enabled digital tool gathers the aspirations of villagers and generates recommendations for subsequent village planning.

    The application allows the village to send ideas in a wide variety of ways, from photos and videos to text and audio. They can also submit ideas anonymously, allowing different viewpoints to be expressed.

    Reforming the UN

    “Across the Asia Pacific region, we are working to build the capacity of the UN system to take advantage of the latest technological trends and thereby accelerate progress towards the Sustainable Development Goals,” says David McLachlan-Karr, Director for Asia and the Pacific of the UN Development Coordination Office. “These projects are a great example of technological innovation at the UN, which is at the heart of the Secretary General’s reform agenda to make the UN more fit for the needs of the 21st century.”

    MIL OSI United Nations News

  • MIL-OSI USA: Senator Murray: Trump Blocking Funding Will Kill Good-Paying Energy Jobs and Raise Families’ Energy Bills

    US Senate News:

    Source: United States Senator for Washington State Patty Murray

    Murray: “In choking off tens of billions of dollars in energy investments, Trump is threatening to kill thousands of good-paying American jobs and raise energy costs for households across the country.”

    Senator Murray hosts press call to detail how Trump blocking energy investments is hurting communities in every part of the country

    ***WATCH: PRESS CALL HERE***

    Washington, D.C. — Today, U.S. Senator Patty Murray (D-WA), Vice Chair of the Senate Appropriations Committee and Ranking Member of the Energy and Water Appropriations Subcommittee, hosted a press call to underscore how President Trump continuing to block key energy investments threatens to raise families’ energy bills, derail key energy projects, and kill good-paying jobs in communities across the country. Senator Murray was joined by David Turk, former Deputy Secretary of the U.S. Department of Energy, and Joe Nguyen, Director of the Washington state Department of Commerce.

    “The guy who swore up and down on the campaign trail that he would lower people’s energy costs is now working to raise them. And an administration that says it wants to ‘restore energy dominance’ is now working to kill domestic energy projects and the thousands of American jobs they are creating,” said Senator Murray. “This funding freeze—which may very well not be a freeze but a permanent rollback—is bad for families and it’s bad for workers. And it is also bad for American businesses who have inked contracts to create new battery plants, produce sustainable aviation fuel, lay down new transmission lines, construct new energy plants, and so much more—and who are now left wondering whether the federal government is going to honor its commitments.”

    “Another estimate said that the average American consumer is going to pay almost $500 more per year if these kinds of programs—the tax incentives to the loan programs—don’t go forward. And I think that’s a conservative estimate,” said David Turk, who recently served as Deputy Secretary of the U.S. Department of Energy. “I really want to underscore that chaos and confusion and uncertainty is not our friend. If you talk to any investor, if you talk to any CEO, the last thing they need—the last thing they want—is chaos, confusion, uncertainty about what should be no brainers. If the government makes a commitment, if we get to conditional commitment with a loan program recipient, that’s the government’s credibility. That’s the American people’s credibility on the line to follow through and make sure that we are providing that certainty for investment.”

    “It was 27 degrees in West Seattle this morning, and even colder in other parts of the state. The hundreds of millions of dollars threatened today by Trump’s political games hurts already overburdened communities the most, especially low-income families, rural towns, and our small businesses. Washingtonians deserve better than the games the Trump administration is playing,” said Joe Nguyen, Director of the Washington state Department of Commerce.

    On his first day in office, President Trump signed an executive order to illegally halt funding from the Infrastructure Investment and Jobs Act (IIJA) and Inflation Reduction Act (IRA) from going out the door to communities and recipients counting on the funding. Hundreds of billions of dollars are still being held up under Trump’s directives—and it’s jeopardizing all manner of energy projects and programs communities are counting on.

    In the years since the IIJA and IRA were signed into law, over $211 billion in private sector investment in clean energy and tech manufacturing has been announced nationwide—with 232k+ jobs announced and nearly 80% of those investments made in Republican-held districts. The president’s freeze puts all these gains at serious risk.

    Senator Murray’s remarks, as delivered, are below:

    “Thanks everyone for joining this call today. I’m really glad to be here with David Turk, who recently served as Deputy Energy Secretary, and Joe Nguyen, Director of Washington state’s Department of Commerce, to talk about how President Trump and Elon Musk are holding up tens of billions of dollars in energy investments nationwide—putting jobs at risk and raising energy costs for families.

    “We are now well into the fourth week of President Trump’s illegal—and deeply harmful—funding freeze.

    Trump is still blocking funding that we secured in the Bipartisan Infrastructure Law and Inflation Reduction Act, among much else, from going out the doors. It is, of course, illegal for a president to unilaterally decide to block funding.

    “As I’ve said many times: presidents don’t just get to pick and choose what laws they feel like following.

    “But Trump blocking funding is not merely illegal. It also devastating for communities like the ones I represent—who are counting on these resources, who’ve hired folks, are relying on this funding to, for example, lower their monthly energy bill, and who, in many cases, have already inked contracts.

    “Today, we are talking about the energy investments Trump is blocking—and I want to say from the outset this is just one slice of the vast pot of funding he is holding up.

    “Trump’s freeze is holding up funding for: rebuilding roads and bridges, new clean school buses, wildfire prevention efforts, assistance for farmers, replacing old water pipes, investments in our national security, and so much more.

    “But today I wanted to zero in on what’s going on at the Department of Energy.

    “Because make no mistake: in choking off tens of billions of dollars in energy investments, Trump is threatening to kill thousands of good-paying American jobs and raise energy costs for households across the country.

    “When Congress passed the Bipartisan Infrastructure Law and the Inflation Reduction Act, we made historic investments to—among a whole lot else—create good-paying clean energy jobs, spur innovation, strengthen American manufacturing, and lower energy costs for families.

    “We provided funding for families to upgrade their homes and save big on their energy bills. We delivered resources to build new battery manufacturing plants, construct cutting-edge hydrogen hubs, boost our nuclear power capabilities, and increase domestic production of critical minerals we absolutely need.

    “As you can imagine, a lot of good new jobs have been created in the process—and we’re really just beginning to feel the full benefits.

    “A quarter of a million clean energy jobs have been created since we passed the IRA and Bipartisan Infrastructure Law. In Washington state, the new Pacific Northwest Hydrogen Hub alone is set to create 10,000 jobs. The Department of Energy’s Loan Programs Office awards alone will support at least 50,000 good jobs across the country.

    “But Trump is putting these domestic jobs at risk—which plays right into the hands of our competitors, like China.

    “And he is simultaneously threatening to rip up programs we’ve created that are lowering people’s energy costs.

    “Right now, Trump is putting funding for the Home Energy Rebates Program in serious jeopardy. We are talking about funding for families to make upgrades that save them on their monthly energy bill. Funding for you to buy energy efficient appliances and to retrofit your home so that cold air stays out in the winter and hot air stays out in the summer. These programs aren’t just important in tackling the climate crisis—they are saving families money.

    “They provide households up to $14,000 in rebates to make upgrades and lower their energy bills—and they are saving American households up to $1 billion every single year.

    “The Weatherization Assistance Program, for example, saves households $372 on average each year! But again—Trump has put it on the chopping block.

    “There’s no need to dance around it: the guy who swore up and down on the campaign trail that he would lower people’s energy costs is now working to raise them.

    “And an administration that says it wants to ‘restore energy dominance’ is now working to kill domestic energy projects and the thousands of American jobs they are creating!

    “This funding freeze—which may very well not be a freeze but a permanent rollback—is bad for families and it’s bad for workers. And it is also bad for American businesses who have inked contracts to create new battery plants, produce sustainable aviation fuel, lay down new transmission lines, construct new energy plants, and so much more—and who are now left wondering whether the federal government is going to honor its commitments.

    “That uncertainty alone risks jobs and investments—and will hurt local economies everywhere.

    “It was recently reported, for example, that Trump and Musk are looking at cancelling even finalized loans provided by the Energy Department’s Loan Programs Office. That, of course, puts jobs at risk and puts workers’ livelihoods and businesses’ bottom lines in jeopardy.

    “But what we are seeing is also a situation rife with potential conflicts of interest and corruption—which is another huge part of the story when it comes to Trump and Musk blocking funding.

    “Just one example: back in 2010, when Tesla wasn’t doing too hot, Elon Musk secured a half billion-dollar loan from the Department of Energy. That loan boosted the company—and Elon Musk—and helped them become what they are today.

    “Fast forward to now—Elon Musk is raiding agencies, cutting off funding, cancelling contracts, and the Energy Department is apparently looking to cancel loans it has made to his electric vehicle competitors.

    “The obvious question then is Elon Musk going to cut off loans that are helping Tesla’s competitors create jobs and build their business right here in America?

    “There is so much at stake—and what is painfully clear is that Trump’s illegal funding freeze is causing chaos and confusion. It’s putting these projects and jobs at risk—and will take money out of families’ pockets—and it has got to end.

    “The court decisions we’ve gotten so far have affirmed what we have known all along: Trump does not have the power to steal approved funding from the American people.

    “But the relief the orders should provide is, for now, only temporary—and in many cases, the funding is still frozen.

    “Now, DOE may say they’ve just developed a new process for thoroughly reviewing all programs and payments but make no mistake: this process is meant to have the same effect—it is a freeze by a different name and the funds remain frozen.

    “What needs to happen is Donald Trump and Elon Musk must end the freeze and revoke their orders to choke off these investments.

    “As I’ve said before: if Donald Trump wants to roll back programs that are lowering people’s energy bills, he can come to Congress and win the votes he needs to do it.

    “If Donald Trump wants to gut funding that is creating good-paying energy jobs all across the country, he can come to Congress and win the votes he needs to do it.

    “That’s why I am here today to sound the alarm and protect critical programs American families rely on and support. You don’t just get to rip up contracts and block funding owed to the American people.

    “Now, I want to turn it over to David Turk, who I’m so glad could join us, to talk a bit more about what this freeze is doing.”

    MIL OSI USA News

  • MIL-OSI USA: Fischer Reintroduces Legislation to Support America’s Energy Independence

    US Senate News:

    Source: United States Senator for Nebraska Deb Fischer
    Today, U.S. Senator Deb Fischer (R-Neb.), a member of the Senate Agriculture Committee, led her colleagues in reintroducing the Nationwide Consumer and Fuel Retailer Choice Act of 2025. Senator Fischer’s legislation is the only permanent, nationwide solution to unleash the power of year-round E15—fulfilling President Trump’s mandate for energy independence.
    By allowing the year-round, nationwide sale of E15, this legislation will finally end years of patchwork regulations and give both producers and consumers the certainty they deserve.Securing this permanent fix, coupled with Senator Fischer’s work with the administration to ensure strong renewable volume obligations (RVOs), will enable biofuels to contribute to our nation’s energy dominance.
    Additional cosponsors of this bipartisan, bicameral bill include U.S. Senators Tammy Duckworth (D-Ill.), Shelley Moore Capito (R-W. Va.), Amy Klobuchar (D-Minn.), Leader John Thune (R-S.D.), Pete Ricketts (R-Neb.), Dick Durbin (D. Ill.), Jerry Moran (R-Kan.), Chuck Grassley (R-Iowa), Roger Marshall (R-Kan.), Tammy Baldwin (D-Wis.), Joni Ernst (R-Iowa), Tina Smith (D-Minn.), and Mike Rounds (R-S.D.). U.S. Representatives Adrian Smith (NE-03) and Angie Craig (MN-02) introduced identical companion legislation in the House.
    “It’s time to once and for all solidify President Trump’s pledge to allow the sale of year-round E15—giving America’s producers and consumers the certainty they deserve. My bill will put an end to years of patchwork regulations and finally make nationwide, year-round E15 a reality. I look forward to working with my colleagues in the House and the Senate, as well as with President Trump, to get this bill signed into law,” said Senator Fischer. 
    “For our country to remain a global energy leader, we must continue to invest in renewable and clean energy so we can decrease our emissions and dependence on foreign oil,” said Senator Duckworth. “Producing less expensive fuel choices like E15 that can be sold year-round would help lower gas prices, protect the environment, support our farmers and drive economic opportunity throughout the Midwest. I’m proud to join Senator Fischer in reintroducing our bipartisan legislation that would do just that.”
    “I have been fighting to eliminate unnecessary, unscientific, and misguided barriers to E15 access since 2010. It is time to enact year-round E15 nationwide to provide relief at the pump and certainty for producers. I thank my House colleagues and Senator Fischer for their partnership on our tenacious bipartisan efforts to honor congressional intent in the RFS. From ethanol to biomass-based diesel to sustainable aviation fuel, the world depends on liquid fuels to meet consumer demand and move us forward. We have just scratched the surface of our production capacity, which is why it is so important to codify year-round E15 and ensure robust RFS volumes,” said Congressman Smith.
    “Homegrown biofuels are tools we have right now to address climate change, strengthen our nation’s energy infrastructure and lower costs for Americans at the gas pump,” said Congresswoman Craig. “This bill is the kind of commonsense legislation we need more of in Washington, and I’m proud to be a part of the bipartisan coalition fighting for year-round E15 in the House.”
    Nebraska Stakeholder Support:“We applaud Senator Fischer’s leadership and continued passion in reintroducing the year-round E15 legislation, a critical step forward for America’s corn farmers,” said Nebraska Corn Growers Association farmer and President Michael Dibbern. “Although we’re disappointed that this common-sense legislation didn’t pass during the lame duck session, we’re grateful for Senator Fischer’s perseverance. By securing year-round E15 approval, we can increase corn grind, drive economic growth and provide a vital market opportunity for farmers. This legislation would also bring much-needed consistency and stability to the marketplace, allowing American families to choose lower-cost, lower-emission E15 at the pump every day. We’re appreciative of Senator Fischer’s tireless advocacy and look forward to continuing our collaborative efforts to advance the interests of Nebraska’s corn farmers.”
    “The Nebraska Farm Bureau again thanks Nebraska Senator Deb Fischer for her continued leadership on trying to approve the sale of E-15 year-round. It is past time for the Nationwide Consumer and Fuel Retailer Choice Act to become law, and we look forward to working to get this important legislation to President Trump’s desk this year. For too long, outdated rules and regulations have prevented the year-round sale of E-15, and 2025 must be the year we finally rectify this issue,” said Nebraska Farm Bureau Federation President Mark McHargue. 
    “Thank you to Senator Fischer for leading the fight for year-round E-15, which is a huge opportunity for Nebraska’s ethanol industry, farmers, and drivers. This bill means stronger rural economies, lower prices at the pump, and a cleaner fuel option for drivers. On behalf of our members across the state, Renewable Fuels Nebraska applauds her leadership and calls on Congress to act now and pass this bipartisan policy,” said Renewable Fuels Nebraska Executive Director Dawn Caldwell. 
    Full List of Nebraska Endorsements: 
    Nebraska Corn Growers Association, Nebraska Farm Bureau, and Renewable Fuels Nebraska.
    National Stakeholder Support:
    “Year-round, nationwide E15 sales will prevent a confusing patchwork of state regulations and give consumers reliable access to the fuels they use every day. We thank Representatives Smith and Craig, as well as Senators Fischer and Duckworth, for championing this important bipartisan effort. Now, Congress must act to bring certainty and consistency to the fuel marketplace,” said American Petroleum Institute SVP Government Relations Kristin Whitman.
    “This bipartisan legislation would finally bring nationwide consistency and stability to the marketplace and eliminate the need for last-minute emergency waivers. With the summer driving season just around the corner, we urge lawmakers to swiftly adopt this bill and deliver a win for American families seeking cleaner, lower-cost fuel options. Time is of the essence,” said Renewable Fuels Association President and CEO Geoff Cooper. “Ethanol producers, oil refiners, fuel retailers, equipment manufacturers, farmers, and consumers have all rallied behind this commonsense approach. We thank Sens. Deb Fischer and Tammy Duckworth for their continued leadership on this important issue. RFA commends them and their fellow renewable fuel supporters in the Senate for continuing to fight for fair market access for our nation’s farmers, ethanol producers, and consumers.”“We applaud Senators Deb Fischer (R-Neb.) and Tammy Duckworth (D-Ill.) and Representatives Adrian Smith (R-Neb.) and Angie Craig (D-Minn.) for leading the charge once again to unlock permanent, nationwide access to E15. Rural families and American consumers are lucky to have them in our corner, and we hope this is the bill that finally makes it over the finish line. The American people have waited for too long to get reliable access to a fuel that can lower costs while creating jobs in rural communities. We look forward to continuing our work with our champions in Congress and the White House to finally make year-round E15 the law of the land,” said Growth Energy CEO Emily Skor. 
    “Nationwide consumer access to E15 will save drivers money at the pump while boosting the farm economy,” said Illinois farmer and National Corn Growers Association President Kenneth Hartman Jr. “We want to applaud the sponsors and co-sponsors of this bill for introducing legislation that promises to significantly benefit consumers and farmers alike.”
    “E-15 is a win for both farmers and consumers, offering a vital opportunity to lower fuel prices and provide more choices at the pump,” said National Farmer Union President Rob Larew.“This legislation supports family farmers by creating stronger, more reliable markets while helping reduce greenhouse gas emissions. With this bill, we’re taking critical steps toward a more sustainable future, and we urge lawmakers to act quickly to ensure farmers and consumers benefit from these opportunities.”
    “To effectively serve their customers, convenience retailers need a stable and predictable year-round market for fuels like E15,” said National Association of Convenience Stores (NACS) General Counsel Doug Kantor. “We are grateful to Senator Fischer and Senator Duckworth for their continued leadership on this issue, with legislation that will improve the environmental attributes of summer gasoline while lowering costs for families and small businesses across the country.”
    Full List of National Endorsements:
    American Petroleum Institute, Renewable Fuels Association, Growth Energy, National Corn Growers Association, National Farmer Union, and National Association of Convenience Stores.
    Background:Senator Fischer has been a steadfast champion for year-round E15 since 2015, when she first co-led a bill to allow year-round E15 during the 114th Congress.
    In 2017, during the 115th Congress, she introduced the Consumer and Fuel Retailer Choice Act to amend the Clear Air Act and help make year-round E15 a reality. Later that year, she testified before the Senate Environment and Public Works Committee in support of her bipartisan legislation.
    In 2019, Senator Fischer traveled with President Trump to Nebraska and Iowa when he announced regulatory efforts to allow the sale of E15. When President Trump’s efforts were struckdown by courts, Senator Fischer continued to lead by reintroducing this legislation in 2021, during the 117th Congress. Senator Fischer released an updated bill in 2022 that included unprecedented support.
    In 2023, Senator Fischer introduced the Nationwide Consumer and Fuel Retailer Choice Act of 2023 to break down remaining barriers and unlock the full potential of nationwide, year-round E15, advancing America’s energy independence. In the U.S. House of Representatives, Congressman Adrian Smith (NE-03) introduced companion legislation.
    Last month, on the first day of his term, President Trump took steps to make E15 available year-round through his Executive Order Declaring a National Energy Emergency.
    Click here to read the text of the bill.

    MIL OSI USA News

  • MIL-OSI Australia: Key investment priorities for the Energy Security Corporation

    Source: New South Wales Government 2

    Headline: Key investment priorities for the Energy Security Corporation

    Published: 14 February 2025

    Released by: Minister for Energy and Climate Change


    The Minns Labor Government has announced the Energy Security Corporation’s first Investment Mandate, which outlines how the corporation will co-invest with the private sector in renewable energy projects for our state.

    The Energy Security Corporation is seeded with $1 billion to help build a more reliable energy system. It will work with the private sector to plug investment gaps in the market, ensuring NSW homes and businesses can enjoy the benefits of renewable energy.

    The key priorities for investment include short to long-duration storage projects that capture excess renewable energy, to maximise use of electricity generated from solar and wind.

    It will also cover projects that will upgrade infrastructure to ensure smooth operation of the grid coordinate and consumer energy resources in households, businesses and the community (such as virtual power plants).

    The Investment Mandate is a key milestone in establishing the Energy Security Corporation, allowing it to begin investigating investment opportunities throughout NSW.

    Mr Paul Peters has been appointed as interim Chief Executive Officer to kick-off the Energy Security Corporation’s activities. Mr Peters brings significant experience in investment and financing, as well as developing energy and infrastructure assets and industrial decarbonisation projects.

    The NSW Government will shortly appoint the inaugural Board.

    Quote attributable to Minister for Energy, Penny Sharpe:

    “NSW will invest $1 billion in critical projects to deliver more affordable, clean and reliable energy to homes and businesses across the state.

    “After a decade of privatisation, the Energy Security Corporation gives the people of NSW the chance to invest in their energy system.

    “I congratulate Mr Peters on his appointment, and I am looking forward to the Energy Security Corporation supporting projects throughout NSW.”

    Further information:

    The Energy Security Corporation will co-invest with the private sector on energy storage projects such as:

    • Large-scale batteries

    Large-scale batteries store surplus energy generated by renewable sources like wind and solar, and release it when renewable generation is low or when demand for energy peaks.

    • Community batteries

    A community battery is a shared battery installed in a central location within a neighbourhood that can store excess solar energy generated from homes in a community.

    The stored energy can then be shared with other homes in the community when demand is high, like in the evening or when its cloudy.

    • Pumped hydro

    Hydro energy uses the force of moving water to create electricity. Hydro energy is capable of rapidly providing power on-demand, to supply electricity to consumers when it is needed.

    • Virtual Power Plant (VPP)

    A Virtual Power Plant is a network that can connect your rooftop solar and battery to other participating homes and coordinate them, allowing them to work together.

    This means that if there’s a shortage of energy supply in the grid, the virtual power plant can draw on the collective energy to fill the gap. This can earn participating homes a profit from their excess energy.

    Many small projects, when connected and coordinated, can be as impactful as a whole power station.

    MIL OSI News

  • MIL-OSI Security: IAEA Director General meets Pakistan’s Prime Minister to Strengthen Collaboration on Energy, Health and Food

    Source: International Atomic Energy Agency – IAEA

    The IAEA is helping Pakistan adapt to and mitigate climate change. With IAEA support, scientists at Pakistan’s Nuclear Institute for Agriculture and Biology – a joint IAEA and Food and Agriculture Organization collaborating centre – have helped to strengthen food security in the country. They have developed climate resilient and more nutritious food crops, found ways of combatting soil salinization and developed more sustainable cotton varieties.

    Summing up the role of nuclear science and technology in achieving sustainable development goals, Mr Grossi gave a keynote address  at the National University of Science and Technology on Wednesday.

    “The IAEA is helping Pakistan improve healthcare, soil, crops and nutrition – we’ll continuing delivering real impact,” he said.

    MIL Security OSI

  • MIL-OSI: Cenovus to hold fourth-quarter and full-year conference call and webcast on February 20

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, Feb. 13, 2025 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) will release its fourth-quarter and full-year 2024 results on Thursday, February 20, 2025. The news release will provide consolidated fourth-quarter operating and financial information. The company’s financial statements will be available on Cenovus’s website, cenovus.com.

    Conference call: 9 a.m. MT (11 a.m. ET)

    To join the conference call, please dial 1-800-206-4400 (toll-free in North America) or 1-289-514-5005 to reach a live operator who will place you into the call.

    It is recommended that participants dial in at least 10 minutes before the conference call begins.
    A live audio webcast will also be available and archived for approximately 30 days.

    Cenovus Energy Inc.

    Cenovus Energy Inc. is an integrated energy company with oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining and marketing operations in Canada and the United States. The company is focused on managing its assets in a safe, innovative and cost-efficient manner, integrating environmental, social and governance considerations into its business plans. Cenovus common shares and warrants are listed on the Toronto and New York stock exchanges, and the company’s preferred shares are listed on the Toronto Stock Exchange. For more information, visit cenovus.com.

    Find Cenovus on Facebook, LinkedIn, YouTube and Instagram.

    Cenovus contacts:

    Investors Media
    Investor Relations general line
    403-766-7711
    Media Relations general line
    403-766-7751

    The MIL Network

  • MIL-OSI Submissions: Africa – Mozambique Commits to ‘Drill Baby Drill’ During AEC Stakeholder Roundtable

    Source: African Energy Chamber

    The African Energy Chamber united Mozambican oil and gas stakeholders and global partners to discuss opportunities and progress being made to advance the growth of the oil and gas industry

    MAPUTO, Mozambique, February 13, 2025/ — Our module being a developing nation as we are is to ‘Drill Baby Drill’ and maximize the exploration and production of oil and gas to catalyze industrialization and economic growth.

    This was the key message delivered by Florival Mucave, Chairman of the Mozambique Energy Chamber, during the Invest in African Energies: Mozambique Roundtable held in partnership with the African Energy Chamber (AEC) in Maputo on Thursday.

    In his opening remarks, Mucave emphasized that increased investment in oil and gas projects is Mozambique’s best opportunity to eradicate poverty and boost economic development.

    “We are confident that oil and gas will deliver significant benefits to our people. While we recognize the challenges posed by climate change and remain committed to addressing them, we cannot afford to sit on these vast resources and continue to struggle economically,” he stated.

    NJ Ayuk, Executive Chairman of the AEC, echoed this sentiment, stressing the need for stronger collaboration between the private and public sectors to foster youth and women’s inclusion while creating an investor-friendly environment.

    “Mozambique’s energy story is still being written, and it must be written here in Mozambique. We must get it right by prioritizing local content, avoiding resource nationalization and strengthening partnerships with both global and local companies – they are not our adversaries,” Ayuk remarked.

    He further urged Mozambique to push back against the demonization of fossil fuels, stating, “When they tell you oil is bad, yet they continue to benefit from it, we must produce every drop to empower ourselves. Do not apologize for developing this God-given resource. The Chamber will continue to stand by you.”

    During the event, Mozambique’s Petroleum regulator Administrator Milton Macuacua Zibane said the country is implementing efforts fast-track implementation of over $15 billion worth of planned projects to create local jobs and drive economic expansion.

    MIL OSI – Submitted News

  • MIL-OSI: ConnectM Announces Receipt of Notice from Nasdaq That ConnectM has Regained Compliance with Nasdaq Rule

    Source: GlobeNewswire (MIL-OSI)

    MARLBOROUGH, Mass., Feb. 13, 2025 (GLOBE NEWSWIRE) — ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) (“ConnectM” or the “Company”), a technology company focused on the electrification economy, had previously announced that on December 6, 2024, it received a notice from the Staff of the Listing Qualifications Department of Nasdaq stating that because the Company had not filed its Quarterly Report on Form 10-Q for the period ended September 30, 2024 (the “Third Quarter 10-Q”), it no longer complies with Nasdaq Listing Rule 5250(c)(1) (the “Rule”) for continued listing, which requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission.

    ConnectM today announced that on January 31, 2025, the Staff notified ConnectM that, based on the Company’s December 16, 2024, filing of the Third Quarter 10-Q, Staff has determined that the Company complies with the Rule. Accordingly, the matter is now closed.  

    About ConnectM Technology Solutions, Inc.
    ConnectM is a pioneer in the electrification economy, integrating energy assets with its AI-driven technology platform. Focused on delivering solutions that drive efficiency, affordability, and sustainability, ConnectM serves home, facility, and fleet across three major segments: Building Electrification, Distributed Energy, and Transportation and Logistics. The company’s vertically integrated approach combines technology, service/distribution networks, and strategic partnerships to accelerate the transition to an all-electric energy economy.

    For more information, please visit: www.connectm.com. Stockholders looking to receive Company updates directly to their inbox should sign up here.  

    Cautionary Note Regarding Forward-Looking Statements
    This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). We have based these forward-looking statements on our current expectations and projections about future events. All statements, other than statements of present or historical fact included in this press release, regarding our future financial performance and our strategy, expansion plans, future operations, future operating results, estimated revenues, losses, projected costs, prospects, plans and objectives of management are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “could,” “would,” “expect,” “plan,” “anticipate,” “intend,” “believe,” “estimate,” “continue,” “project” or the negative of such terms or other similar expressions. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about us that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. Except as otherwise required by applicable law, we disclaim any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. We caution you that the forward-looking statements contained herein are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond our control. In addition, we caution you that the forward-looking statements regarding the Company contained in this press release are subject to the risks and uncertainties described in the “Cautionary Note Regarding Forward-Looking Statements” section of the Current Report on Form 8-K filed with the Securities and Exchange Commission on July 18, 2024. Such filing identifies and addresses other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and ConnectM is under no obligation to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

    Contact:
    Investor Relations
    Dave Gentry, CEO
    RedChip Companies, Inc.
    1-407-644-4256
    CNTM@redchip.com

    The MIL Network

  • MIL-OSI: Epsilon Energy Ltd. Announces New Share Repurchase Program and Borrowing Base Redetermination

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, Feb. 13, 2025 (GLOBE NEWSWIRE) — Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today announced that its Board of Directors terminated and revoked authority under the normal course issuer bid program which commenced on March 27, 2024. At the same time, the Board of Directors approved a new one-year share repurchase program, under which the Company is authorized to repurchase up to 2,200,876 common shares, representing 10% of the outstanding common shares of Epsilon, for an aggregate purchase price of not more than US $13.0 million, pursuant to a normal course issuer bid. The one-year period commenced on February 12, 2025. The program will end on February 11, 2026, unless the maximum amount of common shares is purchased before then or Epsilon provides earlier notice of termination.

    The Company believes that the market price of its common shares may not reflect their underlying value and the Board of Directors has authorized this initiative because, in the Board’s opinion, the proposed repurchase of common shares constitutes an appropriate use of Epsilon’s funds, and the repurchase of its common shares is one way of creating shareholder value.

    Repurchases will be made from time to time through the facilities of the NASDAQ Global Market. The price paid for the common shares will be, subject to applicable securities laws, the prevailing market price of such common shares on the NASDAQ Global Market at the time of such purchase. The Company intends to fund the purchase out of available cash and does not expect to incur debt to fund the share repurchase program.

    The Company also announced the results of a borrowing base redetermination on the Company’s senior secured reserve-based lending revolving credit facility (the “Credit Facility”) with Frost Bank (the “Lender”). Effective on February 10, 2025, the Lender redetermined the borrowing base at $45 million, which will remain until the next redetermination later in the year.

    About Epsilon

    Epsilon Energy Ltd. is a North American onshore natural gas and oil production and gathering company with assets in Pennsylvania, Texas, Alberta, New Mexico, and Oklahoma.

    Contact Information:

    281-670-0002

    Jason Stabell
    Chief Executive Officer
    Jason.Stabell@EpsilonEnergyLTD.com

    Andrew Williamson
    Chief Financial Officer
    Andrew.Williamson@EpsilonEnergyLTD.com

    The MIL Network

  • MIL-OSI USA: Applications Open for Empire State Summer Service Corps

    Source: US State of New York

    Governor Kathy Hochul today announced the opening of applications for the Empire State Summer Service Corps Program, encouraging State University of New York students to apply for one of 150 paid civic and service internships this summer. The special program will take place from May through August 2025. SUNY students are encouraged to apply on the SUNY website between now and March 20, 2025.

    “I have talked about putting money back in the pockets of taxpayers across New York, now it’s time to help put money into the pockets for the youth of New York,” Governor Hochul said. “By providing our youth with meaningful employment opportunities, we are not just giving them a job; we are investing in their future. This program will equip them with valuable skills, empower them to be leaders in their communities, and help them grow into responsible, hardworking individuals who will shape a brighter tomorrow for all of New York.”

    The Empire State Service Corps is one of Governor Hochul’s 2024 State of the State priorities to expand service opportunities for college students. Students participating in the program dedicate at least 300 hours to paid community service – and convene regularly to share and learn from each other’s experiences. During its first application cycle, almost 2,000 SUNY students submitted applications for 500 spots across 45 SUNY colleges and universities during the 2024-25 academic year. AmeriCorps funding will make it possible to expand the program to serve 150 students this summer.

    SUNY Chancellor John B. King Jr. said, “College has the unique power to bring students together in service and learning. Thanks to Governor Hochul’s leadership and the support of the Legislature, SUNY is proud to make it possible for hundreds of our students to complete paid service internships in their communities through the Empire State Service Corps.”

    The Empire State Service Corps provides paid civic and service internships in the following areas:

    • K-12 Tutoring: Students will partner with local school districts for regular tutoring sessions to support recovery from pandemic-era interrupted learning.
    • SNAP and basic need outreach: Students will support students with SNAP outreach on campus, as well as provide basic needs support, including shifts at the campus food pantry.
    • Peer Mental Health: On select campuses, students will be trained to serve as peer mental health counselors.
    • Sustainability: Students will serve in campus roles and with local nonprofits and State agencies on sustainability work, such as recycling campaigns, tree planting, pollinator gardens, and sustainability outreach.
    • Anti-Hate and Bias Prevention: Students will serve with local nonprofits focused on ending hate and bias in the community.
    • FAFSA Completion: Students will serve local communities, through visits to local high schools and work on-campus, to support students in completing the FAFSA so they can access financial aid.

    Governor Hochul and the state legislature committed $2.75 million to continue to fund the Empire State Service Corps in the FY25 Enacted Budget.

    Community-based organizations and local school districts interested in hosting Empire State Summer Service Corps members can submit their information at this link here.

    About The State University of New York

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

    MIL OSI USA News

  • MIL-OSI USA: Durbin, Daines Introduce Bipartisan Legislation To Support The Future Of Quantum Research At Energy Department

    US Senate News:

    Source: United States Senator for Illinois Dick Durbin
    February 13, 2025
    The Department of Energy Quantum Leadership Act would authorize more than $2.5 billion for quantum research conducted at DOE
    WASHINGTON – U.S. Senate Democratic Whip Dick Durbin (D-IL) and U.S. Senator Steve Daines (R-MT) today introduced bipartisan legislation to expand the United States’ capacity to invest in quantum information science and research and development (R&D) through the U.S. Department of Energy (DOE).  As quantum science, engineering, and technology advances, the DOE Quantum Leadership Act of 2025 would reinvigorate R&D projects at DOE by authorizing more than $2.5 billion in funding over the next five years—well above the $625 million for DOE-related programs laid out in the now-expiredNational Quantum Initiative Act of 2018.  The DOE Quantum Leadership Act would also provide DOE the authority to expand its current quantum R&D initiatives.
    “Between Fermilab and Argonne National Lab, our top-tier universities, and the new Illinois Quantum and Microelectronics Park, our state is poised to be a global hub as quantum computing takes center stage.  I want to keep the momentum going by supporting the Department of Energy, and in turn, Illinois’ quantum researchers, in pioneering quantum technologies that advance computing, security, and connectivity,” said Durbin.  “Senator Daines and I are introducing the bipartisan DOE Quantum Leadership Act to supercharge research, development, and commercialization of quantum technologies—technologies that will grow the medical, financial, and materials industries and create jobs along the way.  With this legislation, we can ensure our DOE facilities are well-equipped to lead the quantum revolution.”
    “America is a leader in cutting-edge science and technology, and in order to maintain our strong position, we must invest in research and development projects.  Spurring innovation through the National Quantum Initiative Program will help strengthen our national security, create Montana jobs and accelerate quantum research projects,” said Daines.
    “We strongly support the leadership of Senators Durbin and Daines for their re-introduction of the Department of Energy Quantum Leadership Act at this critical moment for scaling and commercializing quantum computing.  PsiQuantum is already building the infrastructure for utility-scale quantum systems, moving this technology towards deployment,” said Professor Jeremy O’Brien, co-founder and CEO of PsiQuantum.  “The Department of Energy is a critical partner to PsiQuantum through our work with the SLAC National Accelerator Laboratory and other national labs in collaboration across government agencies.  Quantum technologies will be essential for economic competitiveness and national security—advancing defense, securing critical infrastructure, and maintaining technological leadership.  By strengthening the supply chain, expanding the workforce, and accelerating deployment, this legislation ensures the U.S. remains at the forefront of this critical technology.”
    Specifically, the DOE Quantum Leadership Act would:
    Reauthorize and expand R&D activities across DOE through 2030;
    Build upon the foundational work of DOE’s five National Research Centers;
    Direct DOE to study and address quantum supply chain challenges and reduce barriers to commercialization;
    Increase interagency and industry coordination; and
    Establish new programs to support the workforce demands of the growing quantum R&D and commercial ecosystems.
    Joining Durbin and Daines in introducing this legislation as cosponsors are U.S. Senators Chuck Schumer (D-NY), Lisa Murkowski (R-AK), Alex Padilla (D-CA), and Todd Young (R-IN).
    The DOE Quantum Leadership Act is endorsed by the Illinois Quantum and Microelectronics Park, Montana Photonics & Quantum Alliance, the Chicago Quantum Exchange, PsiQuantum, IBM, Quantum Economic Development Consortium, Quantum Industry Coalition, Hewlett Packard Enterprise, D-Wave, EeroQ, MxD, mHub, P33, Montana Chamber of Commerce, Energy Sciences Coalition, University of Chicago, University of Illinois System, Northwestern University, Montana State University, Federation of American Scientists, Computing Research Association, American Physical Society, Optica, and the Chicago Office of the Mayor.
    Durbin has been a strong supporter of pushing quantum research forward.  Last July, he visited MxD in Chicago to discuss integrating quantum technology into manufacturing processes.  He also joined Illinois leaders to announce the new partnership between the Defense Advanced Research Projects Agency (DARPA) and Illinois – Quantum Proving Ground – to promote quantum computing research, development, and manufacturing in the state.  In June 2024, Durbin met with Dr. Stefanie Tompkins, Director of   DARPA, to discuss Illinois’ role in R&D in the defense industry.
    Last summer, Durbin joined Illinois leaders in celebrating the newly-announced location of the Illinois Quantum and Microelectronics Park’s (IQMP) location at USX on the South Side of Chicago and the announcement of the quantum campus’ first anchor tenant, PsiQuantum. Illinois plans to invest $500 million into the new quantum campus to attract Fortune 500 companies and startups in quantum computing.
    A section by section of the bill is available here.
    A copy of the bill text is available here.
    -30-

    MIL OSI USA News

  • MIL-OSI New Zealand: Northland News – $600,000 of Climate Resilient Communities Funding allocated

    Source: Northland Regional Council

    Twenty-two projects around Te Taitokerau are to share $600,000 of Northland Regional Council funding designed to help build climate resilience.
    Council Deputy Chair Tui Shortland says during the council’s Long-Term Plan 2024-2034 consultation, the region’s communities had emphasised the importance they placed on council taking a leading role in helping to build that resilience.
    That had resulted in the council establishing a $600,000 fund to support communities to prepare for the growing effects of climate change and the natural hazard risks our region faces.
    Councillor Shortland says the council had received a huge level of interest from communities across Northland, expressing their ideas and aspirations for a climate resilient future for Te Taitokerau.
    “In this first round we had an overwhelming response, with 96 applications requesting $3.2 million.”
    Councillor Shortland says deciding how to allocate the $600,000 available had been extremely difficult, but 22 projects that met the fund criteria and aimed to build community capacity and strengthen connections to build community resilience would receive a portion of this pūtea.
    “Six of the projects directly focus on building kai resilience for the region.”
    “These include on the ground community-led mahi that aims to educate and empower communities to grow their own kai and projects that identify and strengthen food support networks and develop a strategy for how the region can become self-sufficient in food production and distribution.”
    Four projects supported water supply investigations to future proof water resilience and water tanks in vulnerable communities. “This extends the water resilience mahi NRC previously supported through the Water Resilience Fund which has now been replaced with this Climate Resilient Communities Fund.”
    Three rural marae will receive funding to support the installation of solar panels, improving energy resilience and benefiting the wider community in times of need. Investing in energy security not only keeps the power on when energy infrastructure goes down, but reduces energy costs for our people and importantly helps reduce Te Taitokerau’s greenhouse gas emissions.
    Funding will support four projects that look to nature-based solutions to build resilience to the changing climate, recognising how restoring wetlands, river margins and coastal dune systems can enhance protection from weather events, increase carbon sequestration and support our indigenous biodiversity.
    Three other projects aim to build resilience across multiple impact areas looking holistically at how our resilience could be improved as the climate changes.
    Two planning projects have been funded that will help the respective communities understand how climate change could impact them and to formulate specific plans to reduce these impacts.
    Successful applicants and their projects are:
    • Bream Bay Coastal Care Trust – Bream Bay Coastal Restoration Project ($23,000)
    • Climate Change Taitokerau Northland Trust – Kai Sovereignty Strategy ($20,000)
    • Coastal Restoration Trust of New Zealand- Te Taitokerau branch – Te Taitokerau How to restore dunes video ($30,708)
    • Community Business Environment Centre – Hokinganui a Kai ($40,000)
    • Hokianga Community Educational Trust – He Kete Kai o Hokianga -Future Proofing our Hokianga Food Systems ($36,786.39)
    • Matatina Marae Trust – Matatina Kai Whenua – community garden at marae for self sufficiency ($22,476)
    • Maungarongo Whenua Trust on behalf of Ricco Tito -Taiao Kaitiaki Oranga ō te Waīma ($30,000)
    • Morehu Marae Committee – Water tank replacement at marae ($7127.66)
    • Ngaitupoto Trustees Marae – Solar system ($35,000)
    • Opuawhanga Community Hall Trust – Resilience Network ($10,500)
    • Oromahoe 18R2B2B2 Trust – Te Wai Ora, Te Whenua Ora: Oromahoe Water Feasibility Study ($25,000)
    • Pakanae 5A Trust – Cultural and Nature-Based Resilience Programme ($30,000)
    • Puketawa Marae – Solar Energy for marae resilience ($26,037.49)
    • Roma Marae – Te Ngao ki te Marae o Roma (Energy Resilience at Roma Marae) ($25,000)
    • Rural Support Trust Northland – Rural Support Climate Resilience ($40,000)
    • Te Hapua Sports and Recreation Club – Water Resilience ($6956.52)
    • Te Kōhanga Reo O Manaakitia – Kia manawaroa Te Kōhanga Reo o Manaakitia ($7200)
    • Te Maire Whanau Trust – Whānau-Led Fruit Orchard Development ($30,000)
    • Te Paatu ki Kauhanga Trust Board – Kāmehameha ($40,000)
    • Te Pokapu Tiaki Taiao O Te Tai Tokerau Trust -Tuituia Te Kahunuku & Food Resiliency ($32,325)
    • Te Runanga o Ngati Hine Trust – Tanks a lot ($40,000)
    • Whakapara Marae Trust – Te Taiao o nga Waipukehia” The environment of the flooded waters ($30,000) .

    MIL OSI New Zealand News

  • MIL-OSI Asia-Pac: Indian Standards should be accorded top priority: Centre

    Source: Government of India

    Indian Standards should be accorded top priority: Centre

    Bureau of Indian Standards organises Inter-Ministerial Meeting on Implementation of Standards – Bringing more products under Quality Control Orders (QCOs)

    Posted On: 13 FEB 2025 6:39PM by PIB Delhi

    Implementation of Indian Standards should be accorded top priority, said Smt. Nidhi Khare, Secretary, Department of Consumer Affairs, Government of India while chairing an inter-ministerial meeting on Implementation of Standards – Bringing more products under Quality Control Orders (QCOs) in New Delhi.

    The Secretary emphasized on the role of QCOs in achieving the aim of ‘Atma Nirbhar Bharat” considering its twin objectives of uplifting quality ecosystem in domestic market and curbing sub-standard imports. Referring to the speech by Hon’ble Prime Minister on 78th Independence Day, wherein a thrust on Indian Standards has been envisioned to make Indian products stand out in the global market, she appealed to all the Ministries to prioritise Indian Standards.

    The discussions during the meeting focused on the importance of Standards and its benefits through QCOs, which enforce mandatory compliance to standards for various products and play a vital role in protecting public health & safety and enhancing the competitiveness of industry, particularly Micro, Small and Medium Enterprises (MSMEs). The implementation of QCOs provides these businesses with a level playing field by ensuring that all market players meet the same quality standards. This initiative not only boosts the competitiveness of MSMEs in the domestic market, but also facilitates access to global markets, opening up new avenues for growth and exports.

    The meeting witnessed participation from representatives of nearly 17 Union Ministries and Departments, including Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Textiles, Ministry of New and Renewable Energy (MNRE), Ministry of Steel, Ministry of Road Transport and Highways (MoRTH), Ministry of Animal Husbandry, Dairying and Fisheries, Department of Chemicals and Petrochemicals (DCPC), and Ministry of Heavy Industries (MHI), among others.

    The Department of Consumer Affairs briefed on the positive impact of the Quality Control Order (QCO) on the toys industry. The introduction and implementation of the QCO for Toys has led to remarkable improvements in both safety and quality standards for toys manufactured and sold in India.

    The status of 628 products which are under consideration at the Ministries/Departments for bringing them under QCOs was also reviewed during the meeting. The discussions concluded with consensus for expediting the timelines for implementing QCOs for these products, which will further strengthen India’s commitment to improving product quality and impetus on Atma Nirbhar Bharat across different sectors.

    Compliance with standards is voluntary unless made mandatory under Section 16 of the BIS Act, 2016. All ministries and departments of the Government are empowered in this regard. A detailed stakeholder consultation is carried out with industry before notifying and implementing QCOs.

    Bureau of Indian Standards is the National Standards Body and is responsible for standardization, marking and quality certification of goods.

    *****

    Abhishek Dayal/Nihi Sharma

    (Release ID: 2102873) Visitor Counter : 52

    MIL OSI Asia Pacific News

  • MIL-OSI USA: Heart Health

    Source: NASA

    February was first proclaimed as American Heart Month in 1964. Since then, its 28 (or 29) days have served as an opportunity to encourage people to focus on their cardiovascular health.
    The International Space Station serves as a platform for a variety of ongoing research on human health, including how different body systems adapt to weightlessness. This research includes assessing cardiovascular health in astronauts during and after spaceflight and other studies using models of the cardiovascular system, such as tissue cultures. The goal of this work is to help promote heart health for humans in space and everyone on Earth. For this Heart Month, here is a look at some of this spaceflight research

    Microgravity exposure is known to cause changes in cardiovascular function. Engineered Heart Tissues assessed these changes using 3D cultured cardiac tissues that model the behavior of actual heart tissues better than traditional cell cultures. When exposed to weightlessness, these “heart-on-a-chip” cells behaved in a manner similar to aging on Earth. This finding suggests that these engineered tissues can be used to investigate the effects of space radiation and long-duration spaceflight on cardiac function. Engineered tissues also could support development of measures to help protect crew members during a mission to Mars. Advanced 3D culture methodology may inform development of strategies to prevent and treat cardiac diseases on Earth as well.

    For decades, human research in space has focused on professional and government-agency astronauts, but commercial spaceflight opportunities now allow more people to participate in microgravity research. Cardioprotection Ax-1 analyzed cardiovascular and general health in private astronauts on the 17-day Axiom-1 mission.
    The study found that 14 health biomarkers related to cardiac, liver, and kidney health remained within normal ranges during the mission, suggesting that spaceflight did not significantly affect the health of the astronaut subjects. This study paves the way for monitoring and studying the effects of spaceflight on private astronauts and developing health management plans for commercial space providers.

    Vascular Echo, an investigation from CSA (Canadian Space Agency), examined blood vessels and the heart using a variety of tools, including ultrasound. A published study suggests that 3D imaging technology might better measure cardiac and vascular anatomy than the 2D system routinely used on the space station. The research team also developed a probe for the ultrasound device that better directs the beam, making it possible for someone who is not an expert in sonography to take precise measurements. This technology could help astronauts monitor heart health and treat cardiovascular issues on a long-duration mission to the Moon or Mars. The technology also could help patients on Earth who live in remote locations, where an ultrasound operator may not always be available.

    As part of exploring ways to keep astronauts healthy on missions to the Moon and Mars, NASA is conducting a suite of space station studies called CIPHER that looks at the effects of spaceflight lasting up to a year. One CIPHER study, Vascular Calcium, examines whether calcium lost from bone during spaceflight might deposit in the arteries, increasing vessel stiffness and contributing to increased risk of future cardiovascular disease. Astronaut volunteers provide blood and urine samples and undergo ultrasound and high-resolution scans of their bones and arteries for this investigation. Another CIPHER study, Coronary Responses, uses advanced imaging tests to measure heart and artery response to spaceflight.
    These studies will help scientists determine whether spaceflight accelerates narrowing and stiffening of the arteries, known as atherosclerosis, or increases the risk of atrial fibrillation, a rapid and irregular heartbeat seen in middle-aged adults. This work also could help identify potential biomarkers and early warning indicators of cardiovascular disease.
    Melissa Gaskill
    International Space Station Research Communications Team
    Johnson Space Center

    MIL OSI USA News

  • MIL-OSI NGOs: London: Shell must clean up its ‘toxic mess’ in Niger Delta

    Source: Amnesty International –

    Day one of Ogale and Bille communities vs Shell trial

    Photos of protest outside Royal Court of Justice available via link below

    ‘Shell must take responsibility for the poisoning they have caused both directly and indirectly and commit to cleaning up their toxic mess’ – Peter Frankental

    Activists and speakers – including King Okabi of the Ogale community – today called for an end to Shell’s pollution of the Niger Delta and compensation for the damage they have done on day one of the Ogale and Bille communities vs Shell trial.

    Amnesty International UK, the Movement for the Survival of the Ogoni People (MOSOP), AFRICA: Seen & Heard and Justice 4 Nigeria marked the start of the trial with the stunt ‘Ecocide Babe’ by British-Nigerian artist-activist The Crude Madonna outside the Royal Courts of Justice.

    For 60 years Shell’s oil spills and leaks due to poorly maintained pipelines, wells and inadequate clean-up attempts that have ravaged the health and livelihoods of many of the 30 million people living in the Niger Delta – most of whom live in poverty.

    More than 13,500 Ogale and Bille residents in the Niger Delta have filed claims against Shell over the past decade demanding the company clean up oil spills that they say have wrecked their livelihoods and caused widespread devastation to the local environment. They can’t fish anymore because their water sources, including their wells for drinking water, are poisoned and the land is contaminated which has killed plant life, meaning communities can no longer farm.   

    Ahead of the start of the trial, a stunt supported by the organisations (listed above) by The Crude Madonna – representing Niger Delta womanhood and resistance – wore traditional Nigerian dress and gold-painted Shell-shaped medallions saying ‘hell’ and ‘oil’ coated with ‘crude oil’ and holding the Ecocide Babe Alera (which means ‘it is enough’ in the local Khana language) with crude oil congealed around the baby’s mouth.

    Created by artists The Crude Madonna and THE DnA FACTORY MRSS, the Ecocide Babe symbolises the devastating effect of Shell’s oil pollution on fertility, pregnancy and infant health in the region as well as its overall impact on communities and the environment.

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

    This vividly powerful performance highlights the devastation that people across the Niger Delta have suffered for so long. Shell must take responsibility for the poisoning they have caused both directly and indirectly and commit to cleaning up their toxic mess before they leave the region.

    “Shell must not be allowed to leave without making sure the Niger Delta’s land and water are 100 percent clean of their petrochemical poison. It is vital that the affected communities are properly compensated and that they are fully involved in the legal process and their demands are reflected in the final ruling.”

    A protest also took place in Ogoniland in the Niger Delta as the trial began.

    Shell plc is domiciled in London and should be legally responsible for the environmental failures of its subsidiary company, the Shell Petroleum Development Company of Nigeria. 

    Please see photos in link: https://marieanne.smugmug.com/Niger-Delta-communities-vs-Shell All photos credit M-A Ventoura/Amnesty International UK

    Image 1: Lazarus Tamana of MOSOP and The Crude Madonna protest Shell’s pollution of the Niger Delta outside the Royal Courts of Justice at the start the Ogale and Bille communities vs Shell trial. Credit M-A Ventoura/Amnesty International UK

    Images 2-4: Activists protest outside the Royal Courts of Justice at the start of the Ogale and Bille communities vs Shell trial. Credit M-A Ventoura/Amnesty International UK

    Image 5: The Crude Madonna holding the Ecocide Babe with crude oil congealed around the baby’s mouth – Niger Delta communities take Shell to court for Shell’s devastating pollution of the region. Credit M-A Ventoura/Amnesty International UK

    Image 6: King Okpabi of the Ogale community outside the court calls for an end to Shell’s pollution of the Niger Delta and compensation for the damage it has done. Credit: M-A Ventoura/Amnesty International UK

    MIL OSI NGO

  • MIL-OSI United Nations: Resilience, Sustainable Energy and Marine Biodiversity (RESEMBID)

    Source: UNISDR Disaster Risk Reduction

    Mission

    The Resilience, Sustainable Energy and Marine Biodiversity (RESEMBID) programme serves the Caribbean Overseas Countries and Territories (OCTs), supporting sustainable human development efforts of the 12 jurisdictions, namely: Anguilla, British Virgin Islands, Cayman Islands, Montserrat, Turks and Caicos Islands, Aruba, Bonaire, Curaçao, Saba, Sint Eustatius, Sint Maarten, and Saint Barthélemy.

    The programme commenced in January 2019 and, after six years of partnering with the OCTs on 48 projects, will close in September 2025.

    MIL OSI United Nations News

  • MIL-OSI Europe: France: BNP Paribas signs an agreement with the EIB to generate up to €8 billion in wind energy investments

    Source: European Investment Bank

    • Co-signed initiative to spur funding for wind energy sector in the European Union, supporting transition to net zero and boosting innovation of Europe’s renewable energy manufacturers
    • Up to €8 billion of new wind energy investments in real economy thanks to leverage effect of EIB counter-guarantee and BNP Paribas’ portfolio of bank guarantees
    • This deal between EIB and BNP Paribas is part of the EIB’s contribution to the European Wind Power Package. The operation is backed by InvestEU, the EU programme aiming to mobilise investment of more than €372 billion by 2027.

    BNP Paribas has signed an agreement with the European Investment Bank (EIB) that will stimulate up to €8 billion of funding for wind energy projects across the European Union. This initiative will unlock key investments to support new wind farm projects, supply chain efficiency and improved grid interconnections, therefore accelerating wind energy development and ultimately increasing production.

    Under the agreement, the EIB has extended a €500 million counter-guarantee, enabling BNP Paribas, to establish a €1 billion portfolio of bank guarantees designed to back new investments in wind farms in the EU. The leverage effect of such a counter-guarantee is expected to spur up to €8 billion of investments in the real economy.

    The agreement falls under a €5 billion initiative announced by the EIB in support of the European Wind Power Package presented by the European Commission in October 2023. The initiative aims at accelerating wind energy deployment and strengthening the competitiveness of Europe’s wind industry. The programme aims to support the production of 32 GW of the 117 GW of wind capacity needed to enable the European Union to meet its goal of generating at least 45% of its energy from renewable sources by 2030.This transaction is part of BNP Paribas’ long-standing commitment to supporting the energy transition by directing its financing towards low-carbon energy, which will account for at least 90% of the bank’s energy production financing by 2030.

    Supporting renewable energy is key to European energy independence, says EIB Vice-President Ambroise Fayolle“Guarantees, like the ones EIB provides through this new financial instrument, contribute to enable the funding of essential projects that drive the green transition, support the decarbonization of the European economy, and strengthen industrial competitiveness.

    “BNP Paribas is pleased to reinforce our historic relationship with the European Investment Bank, this time to support the continent’s growing wind energy sector,” says Alain Papiasse, Chairman of Corporate and Institutional Banking at BNP Paribas “This partnership reflects our mutual commitment to advancing sustainable energy projects that strengthen the continent’s economy while reducing its carbon footprint. By uniting our expertise and resources with the EIB’s pivotal support, we hope to help drive lasting, positive projects for communities, businesses and the environment.

    Yannick Jung, Head of Global Banking at BNP Paribas stated “We see the EIB’s invaluable support in this partnership as a way of accelerating our ongoing strategy to facilitate the transition to a Low Carbon Economic Model. By supporting European Corporates along the Wind Value Chain, we believe our collective efforts will inspire innovation, foster sustainability and pave the way for a more robust Europe”.

    Background information

    About the EIB

    The European Investment Bank (ElB) is the long-term lending institution of the European Union, owned by its Member States. It finances investments that contribute to EU policy objectives by bolstering digitalisation and technological innovation, security and defence, agriculture and bioeconomy, social infrastructure, high-impact investments outside the EU, and the Capital Markets Union.   

    The EIB Group, which also includes the European Investment Fund (EIF), signed nearly €89 billion in new financing for over 900 projects in 2024. These commitments are expected to mobilise around €350 billion in investment, supporting 400 000 companies and 5.8 million jobs.   

    All projects financed by the EIB Group are in line with the Paris Climate Accord and the EIB Group does not fund investments in fossil fuels. Almost 60% of the EIB Group’s annual financing supports projects directly contributing to climate change mitigation, adaptation, and a healthier environment.   

    In 2024, France was the largest recipient of EIB Group financing, with total investment of €12.6 billion. Two-thirds of this financing went to projects contributing to the fight against global warming and adaptation to its effects.

    About BNP Paribas

    BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 63 countries and has nearly 183,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability.

    About InvestEU and the wind power package

    The InvestEU programme provides the European Union with long-term funding by leveraging substantial private and public funds in support of a sustainable recovery. It also helps mobilise private investment for the European Union’s strategic priorities such as the European Green Deal and the digital transition. InvestEU brings all EU financial instruments previously available for supporting investments within the European Union together under one roof, making funding for investment projects in Europe simpler, more efficient and more flexible. The programme consists of three components: the InvestEU Fund, the InvestEU Advisory Hub, and the InvestEU Portal. The InvestEU Fund is deployed through implementing partners that will invest in projects using the EU budget guarantee of €26.2 billion. The entire budget guarantee will back the investment projects of the implementing partners, increase their risk-bearing capacity and thus mobilise at least €372 billion in additional investment.

    The European Commission presented the European Wind Power Package in October 2023 to tackle the unique set of challenges faced by the wind sector, including insufficient and uncertain demand, slow and complex permitting, lack of access to raw materials and high inflation and commodity prices, among others. In a specific Action Plan, the Commission set out a set of initiatives concerning permitting, auction design, skills and access to finance to ensure that the clean energy transition goes hand-in-hand with industrial competitiveness and that wind power continues to be a European success story. As part of this plan, in July 2024, the European Investment Bank (EIB) activated a €5 billion initiative to support manufacturers of wind-energy equipment in Europe.

    MIL OSI Europe News

  • MIL-OSI Asia-Pac: India Strengthens Global Energy Partnerships at India Energy Week 2025

    Source: Government of India (2)

    Posted On: 13 FEB 2025 7:00PM by PIB Delhi

    At the India Energy Week 2025, India signed multiple strategic agreements and MoUs aimed at enhancing energy security, diversifying supply sources, and fostering innovation in the oil and gas sector. Addressing a press conference on the sidelines of the event, Shri Hardeep Singh Puri, Minister of Petroleum and Natural Gas highlighted these agreements as crucial steps toward a more resilient and sustainable energy future for the country. 

    As part of efforts to diversify crude oil imports, BPCL signed an optional term contract with Petrobras, Brazil, to import up to 6 million barrels of crude. Strengthening India’s transition to a natural gas-based economy, IOCL and ADNOC (UAE) signed a USD 7 billion contract to source 1.2 MMTPA LNG for 14 years starting in 2026, while BPCL and ADNOC entered into a five-year LNG offtake agreement for 2.4 MMT, extendable by another five years. Expanding India’s role as a regional energy supplier, IOCL signed its first LNG export agreement with Nepal’s Yogya Holdings, ensuring the delivery of 1,000 metric tons (TMT) annually via cryogenic trucks through Odisha’s Dhamra Terminal. 

    On the technical front, ONGC selected BP as the Technical Services Provider for the Mumbai High field, India’s largest offshore oilfield. BP will conduct a comprehensive review of field performance, implement technological improvements, and work to stabilize and enhance production. Additionally, EIL signed an MoU with BP Business Solutions India Pvt. Ltd. To collaborate on refining, pipeline operations, and emission reduction technologies. 

    In offshore exploration, ONGC Videsh Ltd. And Petrobras signed an MoU to jointly participate in upstream oil and gas projects in Brazil, India, and third countries, exploring opportunities in trading, low-carbon solutions, and digitalization. Oil India Limited and Petrobras also signed an MoU for hydrocarbon exploration in India’s deep and ultra-deep offshore basins, aligning with the government’s Hydrocarbon Exploration and Licensing Policy. 

    India also took steps toward clean energy with BPCL partnering with Eco Wave Power, Israel, to establish the country’s first wave energy pilot project in Mumbai using wave energy converter technology. In the biofuel sector, BPCL signed an MoU with the National Sugar Institute, Kanpur, to scale up sweet sorghum-based bioethanol production and build capacity for farmers and industry partners. 

    Further enhancing hydrocarbon trade, BPCL entered into an agreement with Equinor India Pvt. Ltd. for the purchase of LPG (propane and butane).

    The Minister emphasized that these agreements reaffirm India’s commitment to securing affordable, sustainable, and diversified energy supplies while fostering global collaborations in cutting-edge energy solutions. These partnerships will help us achieve our energy transition goals and ensure a robust and resilient energy ecosystem for India. 

    ***

    MONIKA

    (Release ID: 2102887) Visitor Counter : 75

    MIL OSI Asia Pacific News

  • MIL-OSI USA: Cramer Questions North Dakota Witness on Carbon Capture Utilization and Storage

    US Senate News:

    Source: United States Senator Kevin Cramer (R-ND)

    Click here for audio. Click here for video

    WASHINGTON, D.C. – The Senate Environment and Public Works (EPW) Committee held a hearing to discuss carbon capture, utilization, and sequestration (CCUS) technologies. U.S. Senator Kevin Cramer (R-ND), a member of the EPW Committee, introduced the first witness, Kevin Connors, the Assistant Director for Regulatory Compliance and Energy Policy at the Energy and Environmental Research Center (EERC) in Grand Forks, N.D.

    “I love the opportunity to highlight North Dakota’s place in the area of carbon capture utilization and storage, and there’s a lot that goes into why North Dakota has been at the forefront,” said Cramer. “One of the central reasons is the Energy and Environment Research Center. Kevin has been an invaluable asset to both my staff and me, in fact we look to EERC as a bit of an extension of our staff on all matters relating to carbon capture utilization and storage.

    “From permitting to engineering to safe geologic storage and use of carbon, Kevin’s expertise is invaluable to this committee’s work,” continued Cramer. “The successful sequestration of CO2 is a matter of national concern, as is obvious today, and I am glad Kevin can tout the good work of North Dakota in this space and how other states can benefit from our state’s success in permitting Class VI wells.” 

    [embedded content]

    The U.S. Environmental Protection Agency (EPA) regulates wells used for underground injection of carbon dioxide, known as Class VI wells. The Safe Drinking Water Act (SDWA) prohibits underground injection of fluids without a permit, including underground injection of carbon dioxide for geologic sequestration. Under SDWA, EPA is authorized to delegate primary enforcement authority, or primacy, for underground injection control (UIC) programs to individual states. Cramer asked Connors to explain how North Dakota has become the national leader in CCUS technology and lessons learned from the state obtaining Class VI primacy.

    [embedded content]

    “Mr. Connors, how was it that North Dakota was first?” asked Cramer. “Now we have a long history, as you’ve just pointed out, we’ve been piping and utilizing utilizing CO2 for 25 years in North Dakota. We were doing it way before it was cool. Other than that, what is it that put North Dakota at the front? How did we do it so quickly and what lessons can be learned in terms of getting that Class VI primacy authority?”

    Connors explained North Dakota recognized early that the state’s economic pillars are its agriculture and energy industries.

    North Dakota took the approach of developing a resource management framework, so CO2 storage in North Dakota is regulated much like we regulate oil and gas,” responded Connors. “It’s in the public interest to promote geologic storage of carbon dioxide. We declared CO2 is a valuable commodity for its industrial use, specifically for enhanced oil recovery. And we regulate the pore space in North Dakota, like a resource under a resource management framework. That gives the state the ability to create unitization or unitize these projects in order to allow landowners to monetize their resource or monetize their pore space when looking to maximize the use of that pore space. So all nine projects that have been approved in North Dakota have units that have been established by the state regulatory authority.”

    Cramer followed up by asking about the challenges surrounding Class VI wells and aquifer exemptions. The EPA sets standards for drinking water quality through the SDWA including establishing minimum standards for state programs to protect underground sources of drinking water from endangerment by underground injection of fluids. Exemptions are granted if it can be demonstrated that the proposed aquifer is not a current underground source of drinking water (USDW), nor will it become one in the future. However, existing regulations do not allow new aquifer exemptions to be issued for UIC Class VI injection even though the same aquifer may be used for other discharges.

    “Mr. Connors,  in your testimony you referenced something that’s intriguing to me, and that is the aquifer exemption issue,” said Cramer. “Can you walk through that a little bit with me? First of all, what are the dangers? And second of all, why do you need the exemption? If we don’t get the exemption, how does that affect the availability of space for storage?”

    “So it’s a complex challenge, but EPA created a process to allow for the exclusion of those formations to be able to use them for underground injection,” answered Connors. “When EPA published the Class VI rule in 2010, they excluded aquifer exemptions as not allowed for Class VI injection. So all the other well class classes are allowed to have or apply for aquifer exemptions other than Class VI. What that means to this committee is there are formations that are ideal and suitable for CO2 storage that will never be used for drinking water, yet you cannot permit or inject into those formations because of the current regulations.

    Connors explained the actions which need to be taken to amend the regulations, including a three-prong solution.

    “Congress can address it and direct EPA to amend their rules and allow for aquifer exemptions for Class VI,” continued Connors. “EPA will have to amend their rules and remove that provision. The third piece is also challenging EPA as the final authority when it comes to making that decision for aquifer exemptions and that still takes a long lead time. I previously administered North Dakota’s Class II UIC program, and it would take a year or two years to get an aquifer for exemption from the EPA when they do allow it for that injectionable class.”

    Cramer closed his questioning by asking about the difference between viewing CO2 as a pollutant and a commodity, as well as utilization of captured CO2.

    “Enhanced oil recovery is when you inject CO2 into an already existing field to push out more oil, in a world where you have stagnant or declining oil demand. Oil produced from enhanced oil recovery is the lowest carbon intensive barrel of oil that you can get out of the ground,” responded Jack Cavanaugh, of Breakthrough Energy, another witness at the hearing. “We’ve seen a demand for this globally, with these barrels being sold right now. I think around six percent of current U.S. production is with enhanced oil recovery. From your utilization question, I think it’s a positive pathway.”

    Cramer concluded by highlighting the net-negative oil being produced in southwestern North Dakota. 

    MIL OSI USA News

  • MIL-OSI Canada: BCIT begins $48 million renewal of Burnaby Campus

    Source: Government of Canada regional news

    From BCIT News: https://commons.bcit.ca/news/2025/02/south-campus-infrastructure-renewal-scir/

    The British Columbia Institute of Technology (BCIT) is beginning a major revitalization project on the south side of its Burnaby Campus, which will ultimately enrich the applied educational experience for students and further cultivate a thriving work environment for employees. The BCIT South Campus Infrastructure Renewal project (SCIR) provides a unique opportunity to enhance public spaces, improve accessibility, and create a more vibrant and inclusive campus environment. It will also upgrade aging infrastructure to ensure climate resilience and support sustainability efforts.

    With a $48 million investment from the Province of British Columbia, this phase of the SCIR project encompasses the first three of five separate zones of the project with construction set to begin in early 2026 and to run until 2029.

    “Our government is committed to investing in B.C. to strengthen and diversify it, and the best way to do that, is by investing in the future workers of the province,” said Anne Kang, Minister of Post Secondary Education and Future Skills. “The infrastructure upgrades at BCIT today will create a cutting-edge environment to be the foundation for training and education and foster growth, opportunity, and bigger paychecks for all.”

    “It’s great to see schools like BCIT growing and adapting to meet the diverse needs of their students,” said Bowinn Ma, Minister of Infrastructure. “The updates to the South Campus will enhance the student experience while also providing more staff and visitors with an enriched environment, reflecting our government’s commitment to creating sustainable, inclusive, and resilient communities that foster growth and opportunity for all.”

    An initiative that puts people and sustainability at the forefront

    The project involves significant upgrades to critical underground infrastructure in the South Campus area, including electrical, gas, water, sanitary services, and stormwater systems south of Goard Way. These upgrades will enhance climate resilience and prepare the campus for future developments.

    “The South Campus Infrastructure Renewal Project is vital to BCIT’s future – creating a sustainable, interconnected community that enhances education, supports staff and faculty, and fosters industry collaboration,” said Dr. Jeff Zabudsky, BCIT President. “We thank the Province of British Columbia for investing in this transformative initiative that enables BCIT to continue to deliver on its vision of empowering people, shaping BC, and inspiring global progress.”

    Above ground, the campus will see more open spaces, a restored urban greenway, a campus walkway connecting the new Tall Timber Student Housing building to the core of campus, and upgraded wayfinding, bicycle networks, and accessibility throughout public areas. Additionally, the project will support the continued daylighting of Guichon Creek – creating a natural ecological habitat suitable for salmon.

    Notably – this project also marks the retirement of the Energy OASIS site. This highly successful project built by BCIT’s Smart Microgrid Applied Research Team (SMART) includes a large solar panel canopy, control systems, and EV charging. Over its lifespan, OASIS successfully demonstrated how large-scale microgrids can complement and connect to utility networks as well provide resilience when the grid power is not available. The SMART team continues to leverage the learnings of OASIS and looks forward to sharing updates on future projects soon.

    Throughout the revitalization period, the SCIR will function as a Living Lab for students, faculty, researchers, and industry partners. Students, particularly those in Civil Engineering, Ecological Restoration, and Construction Management, will gain hands-on experience through collaboration with industry professionals involved with the project.

    Follow the project and learn more by visiting: https://www.bcit.ca/campus-plan/major-projects/scir/ or by following: https://www.instagram.com/bcitcpf/

    MIL OSI Canada News

  • MIL-OSI USA: Plan to Audit Utility Company Salaries is Approved

    Source: US State of New York

    Governor Kathy Hochul today announced that the New York State Public Service Commission (PSC) has initiated a comprehensive review of utility management compensation following her direction on Tuesday for the Department of Public Service (DPS) to move forward with the audit. This audit follows years of work by DPS to examine utility management structures and seeks to align utility priorities with State objectives, including affordability, reliability, safety, and a cleaner environment. This is part of a comprehensive effort by the Governor to combat rising utility costs and protect consumers, and it builds upon her direction for DPS to reject Con Edison’s rate proposal and her demand that the New York Power Authority suspend its proposed rate increase.

    “New Yorkers deserve fair and transparent utility rates,” Governor Hochul said. “This audit will ensure that utility compensation structures are working for New Yorkers, not rewarding expected behavior. We will hold utilities accountable and ensure their focus is where it should be: delivering reliable, affordable, and high-quality service. At a time when families are facing rising costs, we are taking decisive action to ensure every dollar that customers pay is justified and that utility companies are prioritizing the needs of the people they serve.”

    The audit will focus on compensation for non-union utility management employees statewide and the results will inform future rate cases to protect New Yorkers from unfair rate hikes. Numerous recent management and operations audits of large, investor-owned electric and gas utilities have highlighted meaningful concerns with how utilities administer their programs.

    In a recent audit of Central Hudson, the auditor concluded their bonus structure rewarded financial performance, but only set reliability and service quality metrics at the bare minimum. In the case of NYSEG and RG&E, auditors had to recommend that the companies set performance standards that encourage service improvements. And in other recent audits, including of Con Edison, O&R, and National Grid, auditors found that companies should update their compensation structures to focus on ratepayer-centric goals.

    Commission Chair Rory M. Christian said, “This audit is about accountability. Management compensation is a reflection of a company’s values, and we expect utility values to mirror our own and be focused on providing quality, affordable service to ratepayers.”

    The audit will examine compensation practices at 13 major utilities, including Con Edison, National Grid, Central Hudson, NYSEG, RG&E, and Veolia Water New York. Investor-owned electric and gas utilities have a total of 12.4 million customers in New York State. Findings from the audit will influence future rate cases, providing the PSC with insights into best practices and potential cost-saving measures.

    Over the last four years, Governor Hochul has prioritized energy affordability by:

    • Affordability policy enhancements to expand eligibility in the Energy Affordability Program and creating the Energy Affordability Guarantee, the first-in-the nation pilot program that ensures low-income New Yorkers participating in the EmPower Plus program never pay more than 6 percent of their incomes on electricity and incentivizes them to fully electrify their homes.
    • Budget appropriations to reduce ratepayer costs of EAP that provides critical utility bill relief to low-income New Yorkers.
    • Providing arrears forgiveness of more than $1 billion.
    • State procurements of renewable generation to offset ratepayer costs of developing new clean generation resources
    • $300 million to create power-ready sites for attracting new businesses through the Promote Opportunity with Electric Readiness for Underdeveloped Properties (POWER UP) Fund.

    Assemblymember Didi Barrett said, “As utility rates continue to soar it is imperative that we take a close look at utility company salaries to ensure our constituents across the state are not shouldering the burden of inflated salaries. I thank Governor Hochul for her focus on energy affordability and the Public Service Commission for their support of this audit.”

    MIL OSI USA News