NewzIntel.com

Category: Energy

  • MIL-OSI Africa: South Africa: President Ramaphosa concludes meeting between the National Executive and the Northern Cape Provincial Executive Council

    Source: APO


    .

    President Cyril Ramaphosa has concluded a meeting between the National executive and the Northern Cape Provincial Executive. 

    The meeting, held under the theme “Unlocking the Northern Cape potential as a modern, growing and successful province”, was the sixth formal engagement that the national executive had with a provincial executive.  

    The meeting was also joined by Executive Mayors.  

    Previous sessions include meetings with the Executive Councils of Limpopo, Mpumalanga, KwaZulu-Natal, Gauteng, and most recently, the Eastern Cape. 

    These sessions have resulted in strengthening cooperative governance, breaking down silos and cooperative project planning that leads to collaborative execution.  

    As President Ramaphosa said during the Budget Debate last week, when the three spheres of government work together, the lives of the people of South Africa are improved.

    It is envisaged that the National Executive would have met with the leadership of the remaining provinces over the next few months.  

    The President emphasised the importance of structured engagements between the national and provincial executives that assist government coordinate more efficiently, resolve challenges together and to plan smarter. 

    The meetings are also meant to facilitate innovative ideas and proposals to address service delivery and skills   challenges.  

    The meeting discussed the ongoing roll out of catalytic economic development projects that require the deepening of cooperation between the national and provincial governments. 

    These include the Boegoebaai Harbor and SEZ development, revitalisation and expansion of Vaalharts, Namakwa SEZ and the development of the infrastructure masterplan.  

    The meeting further affirmed closer cooperation on issues of climate change mitigation considering the province’s vulnerability to erratic weather conditions. 

    The national executive pledged to continue working closely with the province in areas of Transport and Logistics, Basic Education, Water and Sanitation infrastructure development, Human Settlements, Tourism and Energy and Electricity.  

    Distributed by APO Group on behalf of The Presidency of the Republic of South Africa.

    MIL OSI Africa –

  • MIL-OSI USA: Statement from the Department of Energy on Nomination of David Eisner

    Source: US Department of Energy

    The Department of Energy (DOE) today released the following statement from DOE Chief of Staff Carl Coe on the President’s nomination of David Eisner to serve as the Assistant Secretary of International Affairs

    Energy.gov

    July 25, 2025

    WASHINGTON— The Department of Energy (DOE) today released the following statement from DOE Chief of Staff Carl Coe on the President’s nomination of David Eisner to serve as the Assistant Secretary of International Affairs:

    “After careful consideration, David Eisner has made the decision to withdraw his nomination as the Department of Energy’s Assistant Secretary of International Affairs. Eisner is a thoroughly qualified nominee with decades of experience working at the highest levels of the private and public sector. While we are disappointed that he will not be serving alongside the talented staff in DOE’s Office of International Affairs, we thank him for his service to the U.S. government and wish him the best in all future opportunities.”
     

                                                                                                            ###

    Demolition of former NNSA Albuquerque Complex Eliminates Over $11 Million in Deferred Maintenance

    MIL OSI USA News –

  • MIL-OSI USA: Congresswoman Laurel Lee and Congressman Pfluger Introduce Legislation to Cut LNG Bunkering Red Tape

    Source: United States House of Representatives – Congresswoman Laurel Lee – Florida (15th District)

    Washington, D.C. — Today, Congresswoman Laurel Lee (FL-15) and Congressman August Pfluger (TX-11) introduced the Cutting LNG Bunkering Red Tape Act, a bill that codifies a Trump-era Department of Energy (DOE) order clarifying that ship-to-ship transfers of liquefied natural gas (LNG) used as marine fuel—commonly known as LNG bunkering—are not considered exports under Section 3 of the Natural Gas Act unless conducted in foreign waters. The bill is referred to the House Committee on Energy and Commerce.

    “The Biden Administration’s harmful energy policies have created unnecessary regulatory burdens that stall innovation and weaken American energy leadership,”said Rep. Lee. “Liquefied natural gas is a more efficient, cleaner, and cost-effective energy source. My bill ensures that LNG bunkering is not hindered by red tape, so that ports in Florida and across the nation can continue to expand, drive job creation, and compete globally.”

    “LNG exports unequivocally benefit our economy, domestic prices, national security, and partners and allies around the world that want our product. Unfortunately, the Biden Administration spent four years imposing one regulation after another on these exports, stifling the energy industry,” said Rep. Pfluger. “This legislation permanently reverses one of these misguided policies to ensure American LNG can compete on the global stage by removing regulatory uncertainty and streamlining the use of it as a cleaner, more efficient fuel source for maritime transportation. I am proud to lead this legislation with my good friend from Florida, Representative Laurel Lee.”

     Background: 

    During the Biden Administration, DOE issued an order treating certain domestic LNG ship-to-ship transfers as exports, subjecting them to extensive federal regulation and public interest review. In contrast, President Trump reversed this position, rightly determining that LNG bunkering within U.S. waters should not be treated as an export. Rep. Lee’s legislation would cement this clarification in federal law.

    Florida is a major hub for marine transportation, including cruise ships and other vessels, increasingly turning to LNG as a clean and modern fuel source. JAX LNG, based in Jacksonville, has been a national leader in LNG bunkering, but has faced unnecessary regulatory hurdles due to shifting federal interpretations

    MIL OSI USA News –

  • MIL-OSI Russia: Economic activity in Armenia grew by 6.3 percent

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    Yerevan, July 25 (Xinhua) — The economic activity index in Armenia increased by 6.3 percent year-on-year in the first half of this year, the National Statistical Committee of Armenia reported on Friday.

    During the reporting period, the volume of construction increased by 18.5 percent, services (excluding trade) by 9.8 percent, gross agricultural output by 7.3 percent, and domestic trade by 3.9 percent. Industrial production decreased by 12.1 percent compared to the first half of 2024.

    The consumer price index increased by 3.1% over the year, while the industrial price index increased by 2.1%.

    Electricity generation in the first six months of 2025 increased by 0.8 percent compared to the same period last year. –0–

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

    .

    MIL OSI Russia News –

  • MIL-OSI Africa: United States Energy Association (USEA) Chief Executive Office (CEO) Mark W. Menezes to Bring United States (U.S.) Energy Expertise to African Energy Week (AEW) 2025 Stage

    Source: APO – Report:

    Mark W. Menezes, President and CEO of the United States Energy Association (USEA), joins a roster of high-level speakers at this year’s African Energy Week (AEW): Invest in African Energies 2025 conference – taking place from September 29 to October 3 in Cape Town. Bringing decades of experience bridging public and private sector energy leadership, Menezes’s participation at AEW: Invest in African Energies 2025 underscores the U.S.’s enduring commitment to supporting Africa’s energy transformation through strategic partnerships, technical assistance and investment facilitation.

    At the helm of the USEA, Menezes oversees the Energy Utility Partnership Program (EUPP), a flagship initiative supported by the U.S. Agency for International Development, which supports national utilities and energy institutions across sub-Saharan Africa in expanding access to electricity, integrating renewable energy, improving grid stability and strengthening institutional capacity. The USEA currently operates in more than a dozen African countries, with long-standing partnerships in Uganda, Kenya, Tanzania, Senegal, Djibouti and Ethiopia as well as across regional power pools like the Southern African Power Pool (SAPP), Eastern Africa Power Pool and the West Africa Power Pool.

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

    In Uganda, the USEA has partnered with the country’s Uganda Electricity Generation Company, the Uganda Electricity Transmission Company and major distribution companies including Umeme and the Uganda Electricity Distribution Company. Through a wide-ranging support program, USEA has delivered significant results including the development of a national Energy Mix Diversification Strategy, the certification of asset management personnel and significant cost savings by replacing foreign contractors with locally trained hydropower maintenance teams.

    Meanwhile, in Kenya, the USEA supports utilities including the Kenya Electricity Transmission Company and other public and private entities through the East Africa Regional Transmission Planning Program. The initiative has helped develop the region’s first integrated load flow planning model to strengthen cross-border energy planning between Ethiopia, Kenya, Tanzania, Rwanda and Burundi. The USEA has also been deeply engaged in Senegal since 2015, supporting the country’s national electricity company SENELEC in managing a growing portfolio of energy projects through technical assistance in project management, procurement and power system modeling. In Ethiopia, the USEA played a key role in the drafting and passage of the country’s Geothermal Resource Development Proclamation, which created the legal foundation for private investment in Ethiopia’s vast geothermal potential. The USEA also helped Ethiopia Electric Power secure a $7.7 million grant through the African Union Commission’s Geothermal Risk Mitigation Facility to advance development of the Alalobeda geothermal field.

    Meanwhile, the USEA, in collaboration with the SAPP, facilitated executive exchanges, helped reform governance bylaw and supported the development of regional frequency and environmental guidelines aligned with international standards. As such, AEW: Invest in African Energies 2025 is set to serve as a critical platform for the USEA to deepen its partnerships with African utilities, regulators and private sector stakeholders. As Africa continues to balance the urgent need for energy access with long-term sustainability and industrialization goals, the USEA’s technical support, training programs and planning tools offer frameworks for reform and investment readiness.

    “Through the USEA and programs like EUPP, African countries are building stronger, smarter and more resilient energy systems. AEW: Invest in African Energies 2025 will provide the ideal forum to accelerate this momentum,” states Tomás Gerbasio, VP of Commercial and Strategic Engagement, African Energy Chamber.

    – on behalf of African Energy Chamber.

    About Mark W. Menezes:
    Mark W. Menezes is President and CEO of the United States Energy Association, representing 150 members across the U.S. energy sector. A former U.S. Deputy Secretary and Under Secretary of Energy, he managed a $34 billion budget and oversaw national labs, nuclear programs, and major energy initiatives. Menezes has held senior roles at Berkshire Hathaway Energy, in Congress as Chief Counsel for the House Energy & Commerce Committee, and as a partner at Hunton & Williams LLP. He founded Global Sustainable Energy Advisors and teaches energy law at Georgetown. He holds degrees from LSU and is licensed in D.C., Texas, and Louisiana.

    Media files

    .

    MIL OSI Africa –

  • MIL-OSI: Skyward Specialty Announces Change for Second Quarter Earnings Call to Thursday, July 31 at 12 PM EDT

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, July 25, 2025 (GLOBE NEWSWIRE) — Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) (“Skyward Specialty” or “the Company”) today announced a change of its previously announced second quarter earnings call. The conference call and webcast will now be held on Thursday, July 31 at 12:00 p.m. EDT.

    Skyward Specialty will issue its second quarter 2025 earnings results after the market closes on Wednesday, July 30. The earnings results will be available on the Company website at investors.skywardinsurance.com/ under Quarterly Results.

    Investors may access the live audio webcast via the link on the Company’s investor site at investors.skywardinsurance.com/ under Events & Presentations. Additionally, investors can access the earnings call via conference call by registering via the conference link. Users will receive dial-in information and a unique PIN to join the call upon registering.

    A webcast replay will be available two hours following the call in the same location on the Company’s investor website.

    About Skyward Specialty

    Skyward Specialty is a rapidly growing and innovative specialty insurance company, delivering commercial property and casualty products and solutions on a non-admitted and admitted basis. The Company operates through nine underwriting divisions – Accident & Health, Agriculture and Credit (Re)insurance, Captives, Construction & Energy Solutions, Global Property, Professional Lines, Specialty Programs, Surety and Transactional E&S. SKWD stock is traded on the Nasdaq Global Select Market, which represents the top fourth of all Nasdaq listed companies.

    Skyward Specialty’s subsidiary insurance companies consist of Great Midwest Insurance Company, Houston Specialty Insurance Company, Imperium Insurance Company, and Oklahoma Specialty Insurance Company. These insurance companies are rated A (Excellent) with stable outlook by A.M. Best Company. Additional information about Skyward Specialty can be found on our website at www.skywardinsurance.com.

    For investor relations information contact:

    Natalie Schoolcraft
    nschoolcraft@skywardinsurance.com
    614-494-4988

    The MIL Network –

  • MIL-OSI Analysis: How to reduce the hidden environmental costs of supply chains

    Source: The Conversation – UK – By Benjamin Selwyn, Professor of International Relations and International Development, Department of International Relations, University of Sussex

    Me dia/Shutterstock

    Global supply chains account for 70% of world trade. They are the arteries of global capitalism, moving goods and services across borders multiple times before reaching consumers.

    Since the early 1990s — as part of economic globalisation — these networks have enabled mass consumption by delivering cheap goods made using cheap labour and shipped globally at minimal cost. But this convenience comes at a catastrophic environmental price.

    The infrastructure that supports global supply chains — ports, highways, railways, data servers — has expanded dramatically, increasing the distance goods travel from production to consumption to disposal. These “supply chain miles” are a major contributor to ecological degradation.

    Worse still, managing these sprawling networks depends on energy-intensive digital technologies, produced and distributed through global supply chains. Electronic waste is soaring, reaching 62 million tonnes in 2022 and projected to increase to 82 million tonnes by 2030.

    Global supply chains have also driven the expansion of global markets. Argentina’s soy industry is a case in point: production surged from under 30,000 tonnes in 1970 to over 60 million tonnes in 2015, largely to feed the world’s growing livestock population.

    Consequently, much of the Argentinian pampas region – previously renowned for its rich biodiversity – has been decimated by soy monocultures.

    As an expert on global supply chains, I study what can be done to remedy this environmentally damaging situation. My research shows that this problem runs deeper than logistics.

    Global supply chains are a key part of the capitalist system that thrives on endless economic growth. Competitive capital accumulation (where profits are reinvested to generate more profits) drives this cycle.

    The global economy is forecast to more than double by 2050. This entails an accelerated use of resources and waste generation, in a world that has already transcended an increasing number of planetary boundaries or safe limits of consumption.



    Read more:
    Society needs a systems update to cope with climate crisis – my new film explains why

    While green technologies can hypothetically make supply chains more efficient, enhanced efficiency under capitalism often leads to more production, not less. Efficiency gains can reduce costs, make goods more profitable and stimulate greater investment. Energy-saving lightbulbs and digital tools, for example, have led to broader adoption and higher overall energy use, rather than a decrease in energy demand.

    Better tech alone won’t reduce environmental harm. We need a shift toward a low-energy economy that prioritises human and ecological wellbeing over profit.

    Public transport, healthcare, open-source software and urban food systems are examples of social provision that are often cheaper, more inclusive and more environmentally sustainable than their profit-orientated alternatives.

    Greening supply chains

    I’ve identified five practical steps that can reduce the environmental footprint of supply chains.

    First, accelerating the transition from fossil fuels to renewables is essential. The Danish Island of Samsø went from fossil fuel dependence to 100% renewable energy by the early 2000s in the space of a decade by constructing and deploying on- and off-shore wind-power and biomass boilers. Scaling up such transitions could power cleaner supply chain infrastructure.

    Second, the electrification of shipping means that battery-powered shipping is no longer science fiction. The Yara Birkeland, the world’s first fully electric cargo ship, recently launched with a 100-container capacity. One study suggests that 40% of container traffic could be electrified this decade using existing technology.

    Third, by designing for durability and repair, digital and electronic products can be built to last and easy to repair. The “right to repair” movement advocates for consumer rights to fix and repair products rather than having to buy new ones and is gaining traction.

    It is challenging corporate control over who can fix what. Six US states have passed laws giving consumers the right to repair their own devices. In the UK, a community initiative called the Restart Project is pushing for stronger regulations and promoting community-based repair initiatives and digital technology sharing.

    Designing products that last and can easily be repaired helps create a more circular and less wasteful economy.
    Natali Ximich/Shutterstock

    Fourth, urban transport needs a rethink. Road transport accounts for about 12% of global greenhouse gas emissions. That sector could be streamlined by shifting supply chains from manufacturing millions of cars to investing in efficient and affordable bus, train and bike networks. Car-free cities and expanded electric public transport networks could slash emissions from road transport. This is already happening in places like Ghent in Belgium, Amsterdam in the Netherlands, Lamu Island in Kenya and Fes el Bali in Morocco.

    Fifth, supply chains can be shortened by shifting diets. Reducing meat consumption could shrink the global feed-livestock chain the vast complex of animal feed production (such as soy) underpinning the burgeoning world cattle population and its associated transport emissions.

    Countries such as Germany, the Netherlands and Denmark have already seen declines in meat consumption over the past decade as plant-based diets have gained popularity. The UK is also experiencing a fall in per capita meat consumption

    These strategies are all tiny steps in the right direction. But, as the US author and environmentalist Bill McKibben says, “winning slowly is the same as losing”. We need much greater and more rapid transformations.

    So, while parts of supply chains can become more sustainable, any efforts will be counterproductive as long as governments and firms continue chasing endless economic growth. What’s needed now is the political and cultural will to prioritise people and the planet over profit.

    Don’t have time to read about climate change as much as you’d like?

    Get a weekly roundup in your inbox instead. Every Wednesday, The Conversation’s environment editor writes Imagine, a short email that goes a little deeper into just one climate issue. Join the 45,000+ readers who’ve subscribed so far.

    Benjamin Selwyn does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. How to reduce the hidden environmental costs of supply chains – https://theconversation.com/how-to-reduce-the-hidden-environmental-costs-of-supply-chains-259595

    MIL OSI Analysis –

  • MIL-OSI Analysis: A company says it could turn mercury into gold using nuclear fusion. Can we take this claim seriously?

    Source: The Conversation – UK – By Adrian Bevan, Professor of Physics, School of Physical and Chemical Sciences, Queen Mary University of London

    RHJPhotos / Shutterstock

    The alchemist’s dream is to make gold from common metals, but can this be done?
    The physics needed to explain how to change one element into another is well
    understood and has been used for decades in accelerators and colliders, which smash sub-atomic particles together.

    The most notable present-day example is the Large Hadron Collider at Cern, based in Geneva. But the costs of making gold this way are vast, and the quantities generated are minuscule.

    For example, Cern’s Alice experiment estimated it produced only 29 picogrammes of gold while operating over four years. At that rate, it would take hundreds of times the lifetime of the universe to make a troy ounce of gold.

    The Californian startup company Marathon Fusion has proposed a very different approach: to use the radioactivity from neutron particles in a nuclear fusion reactor to transform one form of mercury into another, called mercury-197.

    This then decays into a stable form of gold: gold-197. This process of particle decay is where one subatomic particle spontaneously transforms into two or more lighter particles. The team from Marathon Fusion estimates that a fusion power plant could produce several tonnes of gold per gigawatt of thermal power in a single year of operation.

    Bombarding the isotope mercury-198 with neutrons leads to the creation of the
    radioactive isotope mercury-197 – which subsequently decays to the only stable
    isotope of gold.

    The key is to have energetic enough neutrons to trigger the mercury decay sequence. If this could be made to work, then it is an interesting idea. But whether it could make a tidy profit is another matter.

    To do this, a large neutron flux (a measure of the intensity of neutron radiation) is required. This can be generated using a standard fuel mix for fusion reactors, deuterium and tritium (both of which are forms of hydrogen), to create energy in the plasma of a fusion reactor.

    Neutrons penetrate material easily and scatter off the nuclei (cores) in atoms, slowing down as they do so. Neutrons with energies above 6 million electron volts are required to transform mercury-198 into gold.

    To come up with its estimates, Marathon Fusion has been using a fusion reactor’s “digital twin” – a computer model that simulates the physics of the fusion reaction and the resulting radioactive processes. A limitation of this type of work is that the digital twin needs to be validated against a real commercial fusion reactor – but none currently exist.

    There are many challenges to overcome before scientists can realise a commercial fusion reactor. These include the creation of new materials for its construction, and understanding the science required both to operate the system to continuously extract power, and to develop AI systems that can help keep the plasma fusion reaction running.

    Even some of the most advanced fusion experiments, such as the UK-based JET (Joint European Torus) project, could only generate relatively small amounts of energy. However, researchers in the UK have devised a new way to shrink the size of fusion reactors by changing the way the exhaust plasma is controlled. A prototype of this novel fusion reactor concept, called Spherical Tokomak for Energy Production (Step), aims to be ready by 2040.

    Radioactive waste

    On paper, it is possible to make gold from mercury in a fusion reactor. However, until commercial fusion reactors are realised, the assumptions used by Marathon Fusion in its digital twin studies will remain untested.

    Furthermore, any gold produced at a fusion reactor would initially be radioactive, meaning it would be classified as radioactive waste – and thus need to be managed for quite some time after production.

    As nuclear and particle physicists know well, it is very easy to forget to include important physical effects and critical details when creating a digital twin of an experiment. But while the processing of that waste into usable forms of pure gold would be a further challenge to address, it will not necessarily deter long-term investors.

    For now, this remains an attractive proposition on paper – but we’re still some way off from kickstarting a new kind of Californian gold rush.

    Adrian Bevan does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. A company says it could turn mercury into gold using nuclear fusion. Can we take this claim seriously? – https://theconversation.com/a-company-says-it-could-turn-mercury-into-gold-using-nuclear-fusion-can-we-take-this-claim-seriously-261891

    MIL OSI Analysis –

  • MIL-OSI USA: NEWS: Sanders, Omar Introduce Legislation to Repeal Corporate Welfare for Fossil Fuels in Trump’s ‘Big, Beautiful Bill,’ End Giveaways That Destroy the Planet

    US Senate News:

    Source: United States Senator for Vermont – Bernie Sanders
    BURLINGTON, Vt., July 25 – Sen. Bernie Sanders (I-Vt.) and Rep. Ilhan Omar (D-Minn.) reintroduced the End Polluter Welfare Act, legislation to eliminate President Trump’s enormous new handouts to the fossil fuel industry contained in the “Big, Beautiful Bill,” along with existing polluter welfare for the fossil fuel industry. First introduced by Sanders in 2012, the bill eliminates more than $190 billion in tax loopholes and federal subsidies for the fossil fuel industry over the next 10 years. That total includes approximately $20 billion in new subsidies for coal, oil drilling, methane emissions, pipelines and other false climate solutions. The bill would also prevent the Trump administration from handing out hundreds of millions of acres of public lands and waters for drilling. 
    In addition to Sanders and Omar, Sens. Elizabeth Warren (D-Mass.), Jeff Merkley (D-Ore.), Peter Welch (D-Vt.), Chris Van Hollen (D-Md.), Ed Markey (D-Mass) and Cory Booker (D-N.J.), along with 20 members of the House of Representatives, have cosponsored the bill. More than 170 organizations have endorsed the legislation.  
    “Donald Trump has sold out the young people of America and future generations,” Sanders said. “Big Oil spent $450 million to elected Donald Trump and Republicans during the last election cycle. In return, the president has directed the full regulatory, legal and financial weight of the federal government toward helping his fossil fuel executive friends get rich at the expense of a healthy and habitable planet for our kids and grandkids. The fossil fuel industry, with the support of Trump, is more concerned about their short-term profits than the wellbeing of the planet. No more polluter welfare for an industry that is making billions every year destroying the planet.” 
    “We are done letting fossil fuel executives write the rules while our communities pay the price,” Omar said. “For decades, Big Oil has raked in billions in taxpayer handouts while destabilizing our climate. The End Polluter Welfare Act will finally hold polluters accountable and eliminate these harmful subsidies once and for all. I’m proud to reintroduce this legislation with Senator Sanders because our planet can’t wait, and neither can we.” 
    Just four private fossil fuel corporations — ExxonMobil, BP, Chevron and Shell — have accounted for about 10% of global fossil fuel emissions since the beginning of the industrial revolution. Over the past three decades, these four companies have made more than $2 trillion in profit off the backs of people all around the world have borne the brunt of climate disasters. Last year alone, these companies made $84 billion in profit, and their CEOs made more than $95 million. 
    As if these obscene profits weren’t enough, the Republican reconciliation bill passed earlier this month by a single vote in the Senate includes enormous new subsidies to the fossil fuel industry: 
    More than $1.48 billion in tax cuts for metallurgical coal;
    More than $14 billion in tax cuts for carbon capture and enhanced oil recovery;
    Up to $3 billion in tax cuts for owners of power plants and pipelines that transport carbon and dirty hydrogen;
    Up to $447 million in tax cuts that help oil and gas drillers avoid the 15 percent corporate minimum tax;
    $1.5 billion in tax cuts for fossil fuel producers who emit methane, a greenhouse gas 84 times more potent than carbon dioxide;
    A “pay-to-play” scheme that will allow polluters to buy environmental reviews; and
    Opening up hundreds of millions of acres of our public lands and waters for drilling.
    Instead of handing out new taxpayer subsidies to Big Oil, Congress must take on the greed of the tremendously profitable fossil fuel industry by passing the End Polluter Welfare Act, which would: 
    Eliminate all giveaways, tax preferences and loopholes to the fossil fuel industry;
    Prohibit taxpayer-funded fossil fuel research and development;
    Update below-market royalty rates for oil and gas production on federal lands;
    Recoup royalties from offshore drilling in public waters;
    Ensure competitive bidding and leasing practices for coal developments on federal lands; and
    End support for international oil, gas and coal projects to help the international community move away from dirty fossil fuels to clean sources of power.
    Energy Secretary Chris Wright recently asked: “If an energy source needs subsidies to stay afloat, how truly reliable, or affordable is it?” The secretary is right: The American people can no longer afford to rely on the most subsidized form of energy in American history. Failure to address the climate crisis by taking on the fossil fuel industry puts the planet and future generations at risk. 
    Read the bill text here. 
    Read a summary here. 
    Read the section-by-section here. 
    Read a letter of support from endorsing organizations here. 

    MIL OSI USA News –

  • MIL-OSI United Kingdom: Ian Murray: Year of Progress at the Scotland Office

    Source: United Kingdom – Executive Government & Departments

    News story

    Ian Murray: Year of Progress at the Scotland Office

    The Scotland Office has taken huge steps forward in delivering for people in Scotland, the Scottish Secretary has said.

    Speaking as he published his department’s annual report, Ian Murray set out how the department has been reshaped and given more powers to help make life better for people in Scotland as part of the UK Government’s Plan for Change. 

    In Ian Murray’s first year at the Scotland Office he has:

    • Restructured the department to deliver his four key priorities – green energy, economic growth, tackling poverty and delivering Brand Scotland.  

    • Ensured the department received cash and spending powers to deliver its Brand Scotland campaign to sell the best of Scotland around the world. 

    • Taken a key role in directing new funding for local growth projects.

    Reset relationships with the Scottish Government. 

    Speaking after the report was laid in Parliament, Ian Murray said:

    “Over the past year I have reformed and restructured the Scotland Office, so it can deliver the UK Government’s Plan for Change in Scotland, focusing on my priorities of economic growth, clean energy, Brand Scotland and tackling poverty. 

    “This work has started in earnest, with £3 million for Brand Scotland. This is a fantastic opportunity to promote all that is great about Scotland around the world, and show investors the opportunities of Scotland.  

    “We are also taking a key role in delivering local growth funding in Scotland, with the UK Government delivering £1.7 billion in local growth projects across Scotland. Our industrial strategy will make sure we can take advantage of the jobs of the future and GB Energy, headquartered here in Scotland, will drive our clean energy transition.”

    On Brand Scotland, Mr Murray has already invested some of the funding to sign deals with the Royal Edinburgh Royal Tattoo and the Scottish Chambers of commerce.

    The annual report and accounts can be found here.

    Updates to this page

    Published 25 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI Africa: Northern Cape a province making strides

    Source: Government of South Africa

    President Cyril Ramaphosa has declared the Northern Cape a province “on the move”. following a Presidential engagement between national and provincial leaders in Kimberley on Friday.

    The President spoke to the media following the engagement which was held at the province’s Sol Plaatje University.

    The President was accompanied by various Minster, Deputy Ministers and senior government officials. 

    “We were very impressed with the presentation that they gave us and the vision that they have for the Northern Cape, [and] various projects, which they are hoping would turn around the economy of the province — from Boetgooebaa,i which is the port, water projects, roads and a whole number of projects. 

    “This is the province that’s on the move. And… as you know, when it comes to renewable energy, it is the one province that has attracted more investment,” he said.

    President Ramaphosa said the province is seen as a future leader of industrialisation and manufacturing.

    “We’re looking at setting up an SEZ and making sure that manufacturing does come here which will be underpinned by the natural resources that the province has.

    “The [irradiation] in this province are second to none in the world and that is why we’ve been able to attract so many investments to come to this province,” he said.

    In a statement, the Presidency explained the key issues discussed at the engagement with the Northern Cape’s executive.

    “The meeting discussed the ongoing roll out of catalytic economic development projects that require the deepening of cooperation between the national and provincial governments.

    “These include the Boegoebaai Harbor and SEZ development, revitalisation and expansion of Vaalharts, Namakwa SEZ and the development of the infrastructure masterplan. The meeting further affirmed closer cooperation on issues of climate change mitigation considering the province’s vulnerability to erratic weather conditions.

    “The national executive pledged to continue working closely with the province in areas of Transport and Logistics, Basic Education, Water and Sanitation infrastructure development, Human Settlements, Tourism and Energy and Electricity,” the statement read.

    The engagement with the Northern Cape’s provincial government is the sixth such following meetings with executive councils of Limpopo, Mpumalanga, KwaZulu-Natal, Gauteng and the Eastern Cape.

    According to the Presidency, the sessions have resulted in “strengthening cooperative governance, breaking down silos and cooperative project planning that leads to collaborative execution”.

    “As President Ramaphosa said during the Budget Debate last week, when the three spheres of government work together, the lives of the people of South Africa are improved.

    “The President emphasised the importance of structured engagements between the national and provincial executives that assist government coordinate more efficiently, resolve challenges together and to plan smarter.

    “The meetings are also meant to facilitate innovative ideas and proposals to address service delivery and skills challenges,” the statement read. – SAnews.gov.za

    MIL OSI Africa –

  • MIL-OSI Africa: Angola’s National Oil, Gas & Biofuels Agency (ANPG) Drives Ambitious Investment Strategy, Joins African Energy Week (AEW) 2025 as Diamond Partner

    Source: APO – Report:

    Angola’s upstream regulator the National Oil, Gas & Biofuels Agency (ANPG) has joined Africa’s largest energy event – African Energy Week (AEW): Invest in African Energies – as a Diamond Partner. The ANPG’s participation comes as Angola witnesses a $60 billion investment drive across its upstream oil and gas industry between 2025 and 2030, led by a series of ambitious exploration and production projects. As the country strives to sustain oil production above one million barrels per day (bpd) while diversifying the industry through non-associated gas development, AEW: Invest in African Energies 2025 will serve as a vital platform for advancing investment across Angola’s blocks.

    Angola’s upstream capital expenditure drive is largely accredited to the ANPG’s multi-year licensing strategy – launched in 2019 -, which laid the foundation for greater investment in both brownfield and greenfield blocks. Through this strategy, the ANPG aims to award 50 concessions by 2025, with 30 new concessions already awarded to date. Currently, the ANPG is preparing to launch its next licensing round in 2025, offering ten blocks for investment in the offshore Kwanza and Benguela basins. At AEW: Invest in African Energies 2025, insights into this licensing strategy will support future investments in Angola.

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

    Beyond the multi-year licensing strategy, the ANPG has introduced a series of flexible investment structures that enable operators to invest in Angolan blocks out of the confines of traditional bid rounds. Through its permanent offer program, the ANPG has enticed spending across blocks that have not been awarded under the bid rounds. At present, up to 11 blocks are available on direct negotiation. Meanwhile, the country also launched five marginal fields for investment in 2024. These fields are suited for smaller players seeking near-term production and are situated in producing blocks with proven petroleum systems. The ANPG also introduced an Incremental Production Initiative in 2024, aimed at enticing investment in producing and maturing assets. The program features improved fiscals for operators seeking to reinvest in ageing assets and has already yielded positive results. Energy major ExxonMobil, for example, made a discovery at the Likember-01 well in 2024. This find represented the first under the initiative.

    These investment structures have laid the groundwork for billion-dollar projects in Angola. Between 2025 and 2028, the country expects several major projects to come online. These include the Cabinda Oil Refinery (2025); the Agogo Integrated West Hub Development (2025); the New Gas Consortium’s non-associated gas project (2026); and the Kaminho Deepwater Development (2028). The country is also spearheading onshore exploration with the aim of revitalizing production across inland basins. A range of onshore contracts have been signed by the ANPG and international operators in recent months, covering strategic acreage in the onshore Kwanza and Lower Congo basins. The ANPG also signed deals with XTG and ReconAfrica for exploration rights in the frontier Etosha-Okavango basin, with the companies targeting play-opening discoveries.  

    As sub-Saharan Africa’s second largest oil producer, Angola is also making forays into non-associated gas development. With the majority of the country’s gas developed through associated projects, the country is targeting gas-focused exploration wells under efforts to enhance feedstock for the Angola LNG plant, increase LPG production and support long-term economic growth through gas-to-power, petrochemicals and job creation opportunities. In July 2025, project partners at Block 1/14 in the Lower Congo basin made a new gas discovery at the Gajajeira-01 exploration well. Initial assessments suggest reserves of up to one trillion cubic feet of gas and up to 100 million barrels of associated condensate. An upcoming Gas Master Plan – offering a comprehensive guide to investing in Angola’s gas industry – is expected to further support discoveries of this nature, affirming the country’s position as a major gas producer.

    “The ANPG’s investment strategy is one that should be replicated across various African countries. It’s multi-year licensing round offers recurring opportunities for companies to invest in onshore and offshore blocks while its permanent offer program introduces flexibility for operators. Marginal fields entice smaller players to invest while incremental production encourages spending in producing assets. This strategy has already led to large-scale projects and will continue to strengthen Angola’s oil and gas market for years to come,” states Tomás Gerbasio, VP Commercial and Strategic Engagement, African Energy Chamber.

    – on behalf of African Energy Chamber.

    Media files

    .

    MIL OSI Africa –

  • MIL-OSI USA: House GOP Passes 50 Trump Executive Orders

    Source: United States House of Representatives – Representative Mike Johnson (LA-04)

    WASHINGTON — Six months into the Trump Administration, Republicans in the 119th Congress are delivering on President Trump’s America First agenda. With the historic passage of the One Big Beautiful Bill and many more separate pieces of legislation, House Republicans have already voted to codify 50 of President Trump’s executive actions. 

    “The American people gave President Trump a clear mandate to enact his America First agenda – and House Republicans are answering that call. To date, we’ve voted to codify 50 of the President’s Executive Orders into law, from reining in waste, fraud, and abuse, to cutting bureaucratic red tape that has strangled America’s innovators, job creators, and entrepreneurs,” said Speaker Johnson. “The last four years under President Joe Biden made painfully clear how quickly progress can be undone unless Congress steps in. That’s why House Republicans are working around the clock to codify President Trump’s executive actions and enshrine his historic agenda into law.”

    Executive Actions Passed by the House in the 119th Congress listed below and can be found here:

    1.      Preserving and Protecting the Integrity of American Elections

    2.      Defending Women from Gender Ideology Extremism and Restoring Biological Truth to the Federal Government

    3.      Unleashing Prosperity Through Deregulation

    4.      Imposing Sanctions on the International Criminal Court

    5.      Immediate Expansion of American Timber Production

    6.      Restoring Names that Honor American Greatness

    7.      Protecting American Communities from Criminal Aliens

    8.      Small Business Administration Overhaul of the Reckless Biden-era Lending Program

    9.      Ending Taxpayer Subsidization of Open Borders

    10.  Making the District of Columbia Safe and Beautiful

    11.  Memorandum for the Heads of Executive Departments and Agencies: Advancing United States Interests When Funding Nongovernmental Organizations

    12.  Putting America First in International Environmental Agreements

    13.  Radical Transparency About Wasteful Spending

    14.  Withdrawing the U.S. from the World Health Organization

    15.  Withdrawing the U.S. from and Ending Funding to Certain U.N. Organizations and Reviewing U.S. Support to All International Organizations

    16.  Reevaluating and Realigning U.S. Foreign Aid

    17.  Restoring Freedom of Speech and Ending Federal Censorship

    18.  Ending Radical and Wasteful Government DEI Programs and Preferencing

    19.  Securing Our Borders

    20.  Protecting Children from Surgical Mutilation

    21.  Expanding Migrant Operations Center at Naval Station Guantanamo Bay to Full Capacity

    22.  Expanding Access to In Vitro Fertilization

    23.  Restoring America’s Maritime Dominance

    24.  Declaring a National Emergency at the Southern Border of the U.S.

    25.  Reinvigorating America’s Beautiful Clean Coal Industry

    26.  Unleashing American Energy

    27.  Unleashing Alaska’s Extraordinary Resource Potential

    28.  Celebrating America’s 250th Birthday with the Garden of Heroes

    29.  Declaring a National Energy Emergency

    30.  Enforcing the Hyde Amendment

    31.  Immediate Measures to Increase American Mineral Production

    32.  Restricting the Entry of Foreign Nationals to Protect the United States from Foreign Terrorists and Other National Security and Public Safety Threats

    33.  The Iron Dome for America

    34.  Clarifying The Military’s Role in Protecting the Territorial Integrity of the United States

    35.  Keeping Americans Safe in Aviation

    36.  Unleashing American Drone Dominance

    37.  Implementing the President’s “Department of Government Efficiency” Cost Efficiency Initiative

    38.  Improving Education Outcomes by Empowering Parents, States, and Communities

    39.  Reforming Accreditation to Strengthen Higher Education

    40.  Continuing the Reduction of the Federal Bureaucracy

    41.  Establishing the President’s Make America Healthy Again Commission

    42.  Further Amendment to Duties Addressing the Synthetic Opioid Supply Chain in the People’s Republic of China as Applied to Low-Value Imports

    43.  The Organization for Economic Co-operation and Development (OECD) Global Tax Deal (Global Tax Deal)

    44.  Protecting America’s Bank Account Against Fraud, Waste, and Abuse

    45.  Stopping Waste, Fraud, and Abuse by Eliminating Information Silos

    46.  Strengthening American Leadership in Digital Financial Technology

    47.  Honoring Jocelyn Nungaray

    48.  Ending Taxpayer Subsidization of Biased Media

    49.  Restoring America’s Fighting Force

    50.  Ending Illegal Discrimination and Restoring Merit-Based Opportunity

    ###

    MIL OSI USA News –

  • MIL-OSI NGOs: Plastic Greenpeace climbers abseil from Forth Bridge to block INEOS tanker in plastics protest An international team of Greenpeace activists has abseiled from Scotland’s Forth Road Bridge to block an INEOS tanker from delivering its cargo of fracked American gas to the Grangemouth petrochemical… by Graham Thompson July 25, 2025

    Source: Greenpeace Statement –

    An international team of Greenpeace activists has abseiled from Scotland’s Forth Road Bridge to block an INEOS tanker from delivering its cargo of fracked American gas to the Grangemouth petrochemical facility. 

    The Greenpeace protest is aimed at chemicals giant INEOS, owned by billionaire Sir Jim Ratcliffe, which is opposing efforts by UN Member States to secure a Global Plastics Treaty to curb plastic pollution [1]. INEOS is the UK’s biggest plastics manufacturer, producing 30-35 billion nurdles (pellets) daily at its Grangemouth plant – enough to make 60 million plastic bottles.

    The action comes less than a fortnight before governments meet in Geneva, Switzerland, for the sixth and final round of negotiations on the Global Plastics Treaty (5-14 August). Greenpeace is calling for these talks to agree to a cut in global plastic production of at least 75% by 2040, and for the UN to exclude lobbyists from INEOS and other fossil fuels companies from the treaty negotiations. Plastics producers including INEOS have collectively sent hundreds of lobbyists to exert their influence at every stage of the talks so far. Lobbyists have used tactics such as intimidation and harassment, to block an agreement that includes caps on plastic production.

    The 10 climbers are confronting the giant INEOS tanker ‘INDEPENDENCE’. The vessel spent the last 10 days crossing the Atlantic carrying 27,500 cubic metres of ethane bound for Grangemouth where it will be used by INEOS in the production of virgin plastic.

    Amy Cameron, Programme Director at Greenpeace UK said:

    “Plastic pollution has reached a crisis point: it’s poisoning our land, seas, air, even our bodies. The Global Plastics Treaty offers us a once in a generation chance to tackle the problem for good, so it’s no surprise INEOS and its billionaire boss, Jim Ratcliffe, are doing everything they can to stop it.

    Ratcliffe tries to distract us with sports teams and sponsorships, but we’re not going to let him fill our planet with plastic, so he can fill his pockets with profit. Ratcliffe is trying to block a strong Global Plastics Treaty, so today we’re blocking him.”

    An international team of Greenpeace activists abseil from Scotland’s Forth Road Bridge to block an INEOS tanker from delivering its cargo of fracked American gas to the Grangemouth petrochemical facility. The Greenpeace protest is aimed at chemicals giant INEOS, owned by billionaire Sir Jim Ratcliffe, which is opposing efforts by UN Member States to secure a Global Plastics Treaty to curb plastic pollution. INEOS is the UK’s biggest plastics manufacturer, producing (pellets) daily at its Grangemouth plant – enough to make 60 million plastic bottles.© Luca Marino / Greenpeace

    The highly-trained Greenpeace climbers [2] abseiled from beneath the bridge’s service walkway, unfurling six giant ‘Plastics Treaty Now’ banners. They will remain suspended 25 metres above the main shipping lane of the River Forth [3], preventing the tanker from reaching port with its hazardous cargo. They are supported by a rescue crew on the bridge and a boat team in the river below. 

    The Greenpeace protest comes during Donald Trump’s visit to Scotland. Over the past three years, INEOS Energy has made investments exceeding $3bn in the US oil and gas sector, and the US petrochemicals industry is investing heavily in new chemical and plastics production projects. Like INEOS, US Fossil Fuel giants are attempting to weaken the Global Plastics Treaty to avoid caps on virgin plastic production. 

    ENDS

    Contact: 

    Greenpeace UK press office: press.uk@greenpeace.org / 020 7865 8255

    Greenpeace press officer on the ground at Forth Road Bridge: Kai Tabacek – 07984 127025

    Greenpeace spokespeople are available for interviews on the ground in Scotland and in London

    Please find all photos and videos of the protest HERE. Additional pictures and footage will be added as they become available.

    Notes to editors

    1. Speaking at the EFRA Parliamentary Committee on 8th July, on the UK Government’s priorities for the final plastics treaty negotiations, INEOS’s Technology Director, Peter Williams firmly opposed production caps because of potential “unintended consequences.”
    2. The international team of Greenpeace activists include climbers from: UK, Argentina, Croatia, Germany, Hungary, Finland, France, Italy, Netherlands and Taiwan.
    3. The main span of the iconic Forth Road Bridge is a little over a kilometre long, around 50 metres above water level. The highly-trained Greenpeace climbers are spaced at intervals of around 20 metres in an attempt to block the INEOS tanker. 

    MIL OSI NGO –

  • MIL-OSI USA: Sign Up for Free Community College With SUNY Reconnect

    Source: US State of New York

    overnor Kathy Hochul visited Suffolk County Community College as part of her efforts to highlight the SUNY Reconnect program to provide free community college for adult learners, ages 25-55, who don’t already have a college degree and who are pursuing an associate degree in a high-demand field. The SUNY Reconnect program, which will begin in fall 2025, is part of Governor Hochul’s ongoing efforts to empower New Yorkers to pursue good jobs, and to ensure employers have access to a well-educated workforce to help the state’s economy thrive.

    “In every corner of our state, adult New Yorkers will have access to free community college so they will be able to realize their dreams of better jobs in high-demand industries,” Governor Hochul said. “Through SUNY Reconnect, community colleges like Suffolk County Community College will offer a world-class education to New Yorkers, for free, and will help empower these future leaders to turbo-charge our state economy and pursue paths to upward mobility.”

    Launched in mid-May following passage of the 2025-26 State Budget, SUNY Reconnect will make it possible for eligible adult students, ages 25-55, to pursue degrees in high-demand fields for free at SUNY community colleges throughout the state. To help prospective students learn more, SUNY community colleges are holding informational sessions and recruitment events. An updated listing can be found at: https://www.suny.edu/communitycollege/free-cc/sessions/.

    Governor Hochul was joined by SUNY Chancellor John B. King Jr. as they visited Suffolk County Community College where they highlighted the school’s Heating, Ventilation, Air Conditioning and Refrigeration (HVAC/R) program, which is an eligible associate degree program under the free community college initiative. To support adult learner success through SUNY Reconnect, Suffolk County Community College will utilize online and hybrid options for students that need to work while attending classes. Students will also have access to personal support specifically for adult learners, including on-campus childcare centers.

    SUNY Chancellor King said, “Thanks to Governor Hochul’s leadership, SUNY is on the move and our community colleges are stepping up to help New Yorkers around the state earn a degree in high-need fields. SUNY community colleges are pathways to upward mobility, and with the support of Governor Hochul and state leaders, Suffolk County Community College and all SUNY community colleges are ensuring that every eligible New Yorker interested in a degree in a high-need field will be able to unleash their full potential.”

    The SUNY Board of Trustees said, “SUNY has been New Yorkers’ engine of upward mobility and access to a world-class, affordable higher education for 77 years, and with the support of Governor Hochul SUNY Reconnect represents a bold new chapter in our history of service. By offering a community college education free of charge for adult learners seeking degrees in high-need fields, Governor Hochul and state leaders made a bold investment in the future of our state economy and workforce.”

    New York State Department of Labor Commissioner Roberta Reardon said, “Free community college for adult learners opens new doors for New Yorkers and ensures skilled and knowledgeable workers in sectors that communities statewide rely on, including education, healthcare, and technology. I thank Governor Hochul for advancing workforce development initiatives through SUNY programs that not only set up adult students for success but also help make the state an affordable place to live, work, and raise a family.”

    State Senator Toby Ann Stavisky said, “Everyone’s educational journey is different. Sometimes the path has hurdles and challenges. This initiative will enable students between the ages of 25 to 55 to complete their journey. It also expands workforce development in high demand fields. As a result, everyone benefits.”

    To support the launch of SUNY Reconnect, SUNY has:

    • Allocated $4 million to community colleges to support SUNY Reconnect programmatic implementation through advising, enrollment, outreach, award of credit for prior learning, and other student services, supports, and campus operations.
    • Provided an additional $1 million to cover equipment, materials, supplies, and other one-time needs to increase student enrollment capacity in high-demand programs that are part of SUNY Reconnect.
    • Announced $1.1 million in grant funding for the SUNY Adult Learner Leadership Initiative to help community colleges increase access and ensure degree completion for adult learners.

    SUNY Reconnect will fund degrees in high-demand fields including:

    • Advanced manufacturing
    • Artificial Intelligence
    • Cybersecurity
    • Engineering
    • Technology
    • Nursing and allied health fields
    • Green and renewable energy
    • Pathways to teaching in shortage areas

    In addition to SUNY Reconnect, the FY25-26 Enacted State Budget provides $8 million in increased operating aid to community colleges – the first back-to-back operating aid increases in decades for these institutions – and maintains the 100% community college funding floor, which protects community colleges from $75 million lost direct state tax support.

    The budget also provides significant funding toward New York’s longstanding Educational Opportunity Program, which has served more than 85,000 students, and increased support for ASAP|ACE, which will make these proven retention and completion programs permanent at SUNY and allow for a significant expansion.

    Assemblymember Tommy John Schiavoni said, “As an educator for 30 years, I know firsthand how transformative access to higher education can be for individuals and entire communities. Governor Hochul’s SUNY Reconnect initiative will open doors for thousands of adult learners across New York, giving them the opportunity to build careers in high-demand fields while strengthening our state’s workforce and economy. I am proud to support this bold investment in New Yorkers’ futures.”

    Suffolk County Community College President Dr. Edward Bonahue said, “Suffolk County Community College is dedicated to the value of lifelong learning, and SUNY Reconnect is a major step forward in helping us fulfill that mission. With this support from the state, we are proud to welcome adult learners preparing for careers in the high-demand fields critical to growing Long Island’s workforce.”

    New York State United Teachers President Melinda Person said, “From Niagara to Suffolk and every community in between, SUNY Reconnect is an historic step toward making higher education truly accessible. By removing financial barriers, it gives thousands of adult learners the chance to return to school, build new careers in high-demand fields, and strengthen their families. NYSUT is proud to stand with Gov. Hochul and Chancellor King to support a future where every New Yorker has the opportunity to thrive.”

    New York State Association of Counties Executive Director Stephen Acquario said, “Community colleges are at the heart of local communities across New York State, offering accessible and affordable education while also serving as critical engines of workforce development. By removing financial barriers for adults to return to college and pursue degrees in high-demand fields, this initiative will help employers fill job openings and enable more New Yorkers to build fulfilling careers right in their communities. We commend Governor Hochul for her leadership in expanding educational access and creating meaningful opportunities for working-age adults across the state.”

    New York Community College Association of Presidents and SUNY Orange President Dr. Kristine Young said, “Access and affordability have long been the hallmarks of New York’s community colleges. Governor Hochul’s support of SUNY Reconnect brings degrees in high-demand fields into reach for adult learners by further removing costs as a barrier. Students will gain access on our campuses to academic excellence and robust support systems, while being able to take advantage of the meaningful connections we’ve built with local and state employers in these critical sectors where skilled employees are needed. My colleagues at each of our 30 SUNY community colleges are more than ready to welcome new and returning adult learners throughout the state and to help them achieve their academic, career and personal goals.”

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

    MIL OSI USA News –

  • MIL-OSI Africa: Development Minister sets out new United Kingdom (UK) approach to development at G20 meeting in South Africa

    Source: APO – Report:

    .

    • Development Minister Baroness Chapman will reset the UK’s approach to international development at the G20 Development Meeting in South Africa today (Friday, 25 July).
    • Economic development underpins the UK’s new approach, as the Minister visits a South African food producer supported by the FCDO’s development arm BII.
    • The UK is supporting countries to transition from traditional aid to innovative financing for development, as the Minister visits a centre for survivors of gender-based violence funded by both the UK and the private sector.

    The UK is resetting its relationship with countries in the Global South and helping countries exit the need for aid, as Baroness Chapman attends the G20 Development Ministerial Meeting in South Africa today (Friday 25 July 2025).

    This follows the publication of ODA allocations earlier this week (Tuesday 22 July 2025), which indicate how the UK is going to spend its aid budget for the next year.

    The UK will move from being a donor to a genuine partner and investor, ensuring every pound spent on aid delivers for the UK taxpayer and the people we support.

    Economic development underpins the UK’s new approach, to help countries grow fairer, more resilient economies and ultimately exit the need for aid, in support of the government’s Plan for Change.

    The Minister saw this in action yesterday (Thursday 24 July 2025) as she visited an Agristar farm which produces macadamia nuts in Mbombela, eastern South Africa. British International Investment (BII), the UK’s development finance institution, is supporting Agristar to expand – supporting jobs and growth and helping to stock British supermarket shelves. 

    The Minister also visited a UK supported care centre for survivors of gender-based violence in Mbombela, alongside South African Minister for Women, Youth and Persons with Disability, Sindisiwe Lydia Chikunga. The centre is supported by a multi-donor fund which has seen increased backing from South African and international private investors. The innovative funding approach has supported over 200 community-based organisations in South Africa working to prevent violence in schools and communities and provide response services for survivors of gender-based violence. This demonstrates the UK and South Africa’s shared commitment to gender equality and women’s empowerment.

    By mobilising private finance and empowering partners to take charge of their own development, the UK is moving away from a paternalistic approach to aid.

    Minister for Development, Baroness Chapman said:

    We want to help countries move beyond aid. In South Africa, I’ve seen the impact we can have with genuine partnerships, rather than paternalism. Our work is supporting jobs and generating global economic growth – and bringing high quality South African produce to UK shops. 

    At the G20 in South Africa, I have one simple message: the world has changed and so must we. The UK is taking a new approach to development, responding to the needs of our partners and delivering real impact and value for money for UK taxpayers.

    At the G20, the Minister is due to discuss the UK’s new approach to international development with counterparts from Egypt, India and Germany.

    The Agristar farm in Mbombela, which the Minister visited yesterday, has benefitted from UK investment as part of the Just Energy Transition Partnership (JETP). BII support has enabled the macadamia nut producer to expand its operations across Africa, invest in measures to mitigate climate risks, and support nearly 400 jobs. BII is also supporting Agristar’s expansion into Malawi.

    BII, which aims to make a return on its investments, has so far supported 92 companies in South Africa and over 35,000 jobs.   

    Its success highlights how the UK’s investment in international development is driving green growth and jobs, boosting global prosperity and stability to help create the conditions to deliver the government’s Plan for Change at home.   

    The Minister will also announce today a new £2 million commitment to support local agribusiness projects by partnering with South African investment funds to drive more private finance for the farming sector.

    In G20 talks on tackling illicit financial flows, the Minister will highlight how money and assets siphoned away as part of criminal activity deprive lower-income countries of vital resources which could otherwise support growth and development. The Foreign Secretary is leading a campaign against illicit finance, mobilising the best UK expertise and international partnerships, so dirty money has nowhere to hide. This is also vital to deterring threats to the safety and security of Britain, as part of the government’s Plan for Change.

    – on behalf of United Kingdom Foreign, Commonwealth and Development Office.

    MIL OSI Africa –

  • MIL-OSI Banking: Phillips 66 Reports Second-Quarter Results

    Source: Phillips

    Reported second-quarter earnings of $877 million or $2.15 per share; adjusted earnings of $973 million or $2.38 per share; including $239 million of pre-tax accelerated depreciation on Los Angeles Refinery
    Operated at 98% capacity utilization in Refining with 86% clean product yield
    Completed Midstream acquisition of EPIC NGL, now renamed Coastal Bend
    Announced sale of 65% interest in our Germany and Austria retail marketing business
    Generated $845 million of net operating cash flow, $1.9 billion excluding working capital
    Returned $906 million to shareholders through dividends and share repurchases

    HOUSTON–(BUSINESS WIRE)– Phillips 66 (NYSE: PSX) announced second-quarter earnings.
    “Phillips 66 delivered strong financial and operating results across our integrated value chain, reflecting the continued execution of our strategy. During the quarter, Refining ran at the highest utilization since 2018, achieved its lowest cost per barrel since 2021, strong market capture and record year-to-date clean product yield. Our results were made possible through disciplined execution and investment,” said Mark Lashier, chairman and CEO of Phillips 66.
    “We also continued our strong growth trajectory in Midstream, which generated approximately $1 billion of adjusted EBITDA following the acquisition of Coastal Bend. The Dos Picos II gas processing plant in the Midland Basin recently came online ahead of schedule and on budget. These assets further our stable earnings growth, enhance returns and increase shareholder value as we progress our wellhead-to-market strategy. Looking ahead, we are focused on organic Midstream growth as we advance toward our 2027 targets.”
    Financial Results Summary (in millions of dollars, except as indicated)

     

     

    2Q 2025

    1Q 2025

    Earnings

    $

    877

    487

    Adjusted Earnings (Loss)1

     

    973

    (368)

    Adjusted EBITDA1

     

    2,501

    736

    Earnings (Loss) Per Share

     

     

    Earnings Per Share – Diluted

     

    2.15

    1.18

    Adjusted Earnings (Loss) Per Share – Diluted1

     

    2.38

    (0.90)

    Cash Flow From Operations

     

    845

    187

    Cash Flow From Operations, Excluding Working Capital1

     

    1,920

    259

    Capital Expenditures & Investments

     

    587

    423

    Acquisitions, net of cash acquired

     

    2,220

    —

    Return of Capital to Shareholders

     

    906

    716

    Repurchases of common stock

     

    419

    247

    Dividends paid on common stock

     

    487

    469

    Cash and Cash Equivalents, including cash classified within Assets held for sale2

     

    1,144

    1,489

    Debt

     

    20,935

    18,803

    Debt-to-capital ratio

     

    42%

    40%

    Net debt-to-capital ratio1

     

    41%

    38%

    1 Represents a non-GAAP financial measure. Reconciliations of these non-GAAP financial measures to the most comparable GAAP financial measure are included within this release.

    2 Includes cash and cash equivalents of $92 million classified within Assets held for sale at June 30, 2025.

     

    Segment Financial and Operating Highlights (Millions of dollars, except as indicated)

     

     

    2Q 2025

    1Q 2025

    Change

    Earnings (Loss)1

    $

    877

    487

    390

    Midstream

     

    731

    751

    (20)

    Chemicals

     

    20

    113

    (93)

    Refining

     

    359

    (937)

    1,296

    Marketing and Specialties

     

    571

    1,282

    (711)

    Renewable Fuels

     

    (133)

    (185)

    52

    Corporate and Other

     

    (428)

    (376)

    (52)

    Income tax (expense) benefit

     

    (212)

    (122)

    (90)

    Noncontrolling interests

     

    (31)

    (39)

    8

     

     

     

     

    Adjusted Earnings (Loss)1,2

    $

    973

    (368)

    1,341

    Midstream

     

    731

    683

    48

    Chemicals

     

    20

    113

    (93)

    Refining

     

    392

    (937)

    1,329

    Marketing and Specialties

     

    660

    265

    395

    Renewable Fuels

     

    (133)

    (185)

    52

    Corporate and Other

     

    (383)

    (355)

    (28)

    Income tax (expense) benefit

     

    (283)

    78

    (361)

    Noncontrolling interests

     

    (31)

    (30)

    (1)

     

     

     

     

    Adjusted EBITDA2

    $

    2,501

    736

    1,765

    Midstream

     

    972

    885

    87

    Chemicals

     

    148

    244

    (96)

    Refining

     

    867

    (452)

    1,319

    Marketing and Specialties

     

    718

    315

    403

    Renewable Fuels

     

    (110)

    (162)

    52

    Corporate and Other

     

    (94)

    (94)

    —

     

     

     

     

    Operating Highlights

     

     

     

    Pipeline Throughput – Y-Grade to Market (MB/D)3

     

    956

    704

    252

    Chemicals Global O&P Capacity Utilization

     

    92%

    100%

    (8%)

    Refining

     

     

     

    Turnaround Expense4

     

    53

    270

    (217)

    Realized Margin ($/BBL)2

     

    11.25

    6.81

    4.44

    Crude Capacity Utilization

     

    98%

    80%

    18%

    Clean Product Yield

     

    86%

    87%

    (1%)

    Renewable Fuels Produced (MB/D)

     

    40

    44

    (4)

    1 Segment reporting is pre-tax.

     

     

     

    2 Represents a non-GAAP financial measure. Reconciliations of these non-GAAP financial measures to the most comparable GAAP financial measure are included within this release.

    3 Represents volumes delivered to fractionation hubs, including Mont Belvieu, Sweeny and Conway. Includes 100% of DCP Midstream Class A Segment and Phillips 66’s direct interest in DCP Sand Hills Pipeline, LLC and DCP Southern Hills Pipeline, LLC.

    4 Excludes turnaround expense of all equity affiliates.

     

     

     

    Second-Quarter 2025 Financial Results
    Reported earnings were $877 million for the second quarter of 2025 versus $487 million in the first quarter of 2025. Second-quarter earnings included pre-tax special item adjustments of $(89) million in the Marketing and Specialties segment, $(45) million impacting Corporate and Other and $(33) million in the Refining segment. Adjusted earnings for the second quarter were $973 million versus an adjusted loss of $368 million in the first quarter.

    Midstream second-quarter 2025 adjusted pre-tax income increased compared with the first quarter mainly due to higher volumes, largely driven by the acquisition of Coastal Bend, partially offset by seasonal maintenance expense and property taxes.

    Chemicals adjusted pre-tax income decreased mainly due to lower margins driven by lower sales prices.

    Refining adjusted pre-tax results increased mainly due to higher realized margins resulting from improved market crack spreads, as well as higher volumes and lower costs.

    Marketing and Specialties adjusted pre-tax income increased primarily due to higher margins and volumes.

    Renewable Fuels pre-tax results improved primarily due to higher realized margins including inventory impacts, as well as increased credits.

    Corporate and Other adjusted pre-tax loss increased mainly due to higher net interest expense, partially offset by impacts from our investment in NOVONIX.

    As of June 30, 2025, the company had $1.1 billion of cash and cash equivalents and $3.7 billion of committed capacity available under credit facilities.
    Business Highlights and Strategic Priorities Progress

    Advanced NGL wellhead-to-market strategy by acquiring Coastal Bend and nearing completion of a related pipeline expansion project, expected to increase capacity from 175 MBD to 225 MBD

    Expanded natural gas gathering and processing capacity with the startup of Dos Picos II, a 220 MMCF/D plant in the Midland Basin

    Maintained disciplined operations in Refining and achieved $5.46 per barrel in Refining Adjusted Controllable Costs 1, excluding adjusted turnaround expense in the second quarter and $6.17 per barrel year-to-date

    Achieved a record year-to-date clean product yield of 87%, reflecting a 2% increase from the same period in 2024

    On track to cease operations at the Los Angeles Refinery, as well as complete the Germany and Austria transaction by year-end.

    1 Represents a non-GAAP financial measure. Reconciliations of non-GAAP financial measures to the most comparable GAAP financial measure are included within this release.

    Investor Webcast
    Members of Phillips 66 executive management will host a webcast at noon ET to provide an update on the company’s strategic initiatives and discuss the company’s second-quarter performance. To access the webcast and view related presentation materials, go to phillips66.com/investors and click on “Events & Presentations.” For detailed supplemental information, go to phillips66.com/supplemental.
    About Phillips 66
    Phillips 66 (NYSE: PSX) is a leading integrated downstream energy provider that manufactures, transports and markets products that drive the global economy. The company’s portfolio includes Midstream, Chemicals, Refining, Marketing and Specialties, and Renewable Fuels businesses. Headquartered in Houston, Phillips 66 has employees around the globe who are committed to safely and reliably providing energy and improving lives while pursuing a lower-carbon future. For more information, visit phillips66.com or follow @Phillips66Co on LinkedIn.
    Use of Non-GAAP Financial Information—This news release includes the terms “adjusted earnings (loss),” “adjusted pre-tax income (loss),” “adjusted EBITDA,” “adjusted earnings (loss) per share,” “adjusted controllable cost,” “cash from operations, excluding working capital,” “net debt-to-capital ratio,” and “realized refining margin per barrel.” These are non-GAAP financial measures that are included to help facilitate comparisons of operating performance across periods, to help facilitate comparisons with other companies in our industry and to help facilitate determination of enterprise value. Where applicable, these measures exclude items that do not reflect the core operating results of our businesses in the current period or other adjustments to reflect how management analyzes results. Reconciliations of these non-GAAP financial measures to the most comparable GAAP financial measure are included within this release.
    References in the release to earnings refer to net income attributable to Phillips 66.
    Basis of Presentation— Effective April 1, 2024, we changed the internal financial information reviewed by our chief executive officer to evaluate performance and allocate resources to our operating segments. This included changes in the composition of our operating segments, as well as measurement changes for certain activities between our operating segments. The primary effects of this realignment included establishment of a Renewable Fuels operating segment, which includes renewable fuels activities and assets historically reported in our Refining, Marketing and Specialties (M&S), and Midstream segments; change in method of allocating results for certain Gulf Coast distillate export activities from our M&S segment to our Refining segment; reclassification of certain crude oil and international clean products trading activities between our M&S segment and our Refining segment; and change in reporting of our investment in NOVONIX from our Midstream segment to Corporate and Other. Accordingly, prior period results have been recast for comparability.
    In the third quarter of 2024, we began presenting the line item “Capital expenditures and investments” on our consolidated statement of cash flows exclusive of acquisitions, net of cash acquired. Accordingly, prior period information has been reclassified for comparability.
    Cautionary Statement for the Purposes of the “Safe Harbor” Provisions of the Private Securities Litigation Reform Act of 1995—This news release contains forward-looking statements within the meaning of the federal securities laws relating to Phillips 66’s operations, strategy and performance. Words such as “anticipated,” “estimated,” “expected,” “planned,” “scheduled,” “targeted,” “believe,” “continue,” “intend,” “will,” “would,” “objective,” “goal,” “project,” “efforts,” “strategies” and similar expressions that convey the prospective nature of events or outcomes generally indicate forward-looking statements. However, the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements included in this news release are based on management’s expectations, estimates and projections as of the date they are made. These statements are not guarantees of future events or performance, and you should not unduly rely on them as they involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in such forward-looking statements. Factors that could cause actual results or events to differ materially from those described in the forward-looking statements include: changes in governmental policies relating to NGL, crude oil, natural gas, refined petroleum or renewable fuels products pricing, regulation or taxation, including exports; our ability to timely obtain or maintain permits, including those necessary for capital projects; fluctuations in NGL, crude oil, refined petroleum products, renewable fuels, renewable feedstocks and natural gas prices, and refined product, marketing and petrochemical margins; the effects of any widespread public health crisis and its negative impact on commercial activity and demand for our products; changes to government policies relating to renewable fuels and greenhouse gas emissions that adversely affect programs including the renewable fuel standards program, low carbon fuel standards and tax credits for biofuels; liability resulting from pending or future litigation or other legal proceedings; liability for remedial actions, including removal and reclamation obligations under environmental regulations; unexpected changes in costs or technical requirements for constructing, modifying or operating our facilities or transporting our products; our ability to successfully complete, or any material delay in the completion of, any asset disposition, acquisition, shutdown or conversion that we may pursue, including receipt of any necessary regulatory approvals or permits related thereto; unexpected technological or commercial difficulties in manufacturing, refining or transporting our products, including chemical products; the level and success of producers’ drilling plans and the amount and quality of production volumes around our midstream assets; risks and uncertainties with respect to the actions of actual or potential competitive suppliers and transporters of refined petroleum products, renewable fuels or specialty products; changes in the cost or availability of adequate and reliable transportation for our NGL, crude oil, natural gas and refined petroleum and renewable fuels products; failure to complete definitive agreements and feasibility studies for, and to complete construction of, announced and future capital projects on time or within budget; our ability to comply with governmental regulations or make capital expenditures to maintain compliance; limited access to capital or significantly higher cost of capital related to our credit profile or illiquidity or uncertainty in the domestic or international financial markets; damage to our facilities due to accidents, weather and climate events, civil unrest, insurrections, political events, terrorism or cyberattacks; domestic and international economic and political developments including armed hostilities, such as the war in Eastern Europe, instability in the financial services and banking sector, excess inflation, expropriation of assets and changes in fiscal policy, including interest rates; international monetary conditions and exchange controls; changes in estimates or projections used to assess fair value of intangible assets, goodwill and properties, plants and equipment and/or strategic decisions or other developments with respect to our asset portfolio that cause impairment charges; substantial investments required, or reduced demand for products, as a result of existing or future environmental rules and regulations, including greenhouse gas emissions reductions and reduced consumer demand for refined petroleum products; changes in tax, environmental and other laws and regulations (including alternative energy mandates) applicable to our business; political and societal concerns about climate change that could result in changes to our business or increase expenditures, including litigation-related expenses; the operation, financing and distribution decisions of our joint ventures that we do not control; the potential impact of activist shareholder actions or tactics; and other economic, business, competitive and/or regulatory factors affecting Phillips 66’s businesses generally as set forth in our filings with the Securities and Exchange Commission. Phillips 66 is under no obligation (and expressly disclaims any such obligation) to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

    Earnings (Loss)

     

     

     

     

     

     

     

    Millions of Dollars

     

    2025

     

    2024

     

    2Q

    1Q

    Jun YTD

     

    2Q

    Jun YTD

    Midstream

    $

    731

     

    751

     

    1,482

     

     

    767

     

    1,321

     

    Chemicals

     

    20

     

    113

     

    133

     

     

    222

     

    427

     

    Refining

     

    359

     

    (937

    )

    (578

    )

     

    302

     

    518

     

    Marketing and Specialties

     

    571

     

    1,282

     

    1,853

     

     

    415

     

    781

     

    Renewable Fuels

     

    (133

    )

    (185

    )

    (318

    )

     

    (55

    )

    (110

    )

    Corporate and Other

     

    (428

    )

    (376

    )

    (804

    )

     

    (340

    )

    (662

    )

    Pre-Tax Income (Loss)

     

    1,120

     

    648

     

    1,768

     

     

    1,311

     

    2,275

     

    Less: Income tax expense (benefit)

     

    212

     

    122

     

    334

     

     

    291

     

    494

     

    Less: Noncontrolling interests

     

    31

     

    39

     

    70

     

     

    5

     

    18

     

    Phillips 66

    $

    877

     

    487

     

    1,364

     

     

    1,015

     

    1,763

     

     

     

     

     

     

     

     

    Adjusted Earnings (Loss)

     

     

     

     

     

     

     

    Millions of Dollars

     

    2025

     

    2024

     

    2Q

    1Q

    Jun YTD

     

    2Q

    Jun YTD

    Midstream

    $

    731

     

    683

     

    1,414

     

     

    753

     

    1,366

     

    Chemicals

     

    20

     

    113

     

    133

     

     

    222

     

    427

     

    Refining

     

    392

     

    (937

    )

    (545

    )

     

    302

     

    615

     

    Marketing and Specialties

     

    660

     

    265

     

    925

     

     

    415

     

    722

     

    Renewable Fuels

     

    (133

    )

    (185

    )

    (318

    )

     

    (55

    )

    (110

    )

    Corporate and Other

     

    (383

    )

    (355

    )

    (738

    )

     

    (340

    )

    (662

    )

    Pre-Tax Income (Loss)

     

    1,287

     

    (416

    )

    871

     

     

    1,297

     

    2,358

     

    Less: Income tax expense (benefit)

     

    283

     

    (78

    )

    205

     

     

    278

     

    504

     

    Less: Noncontrolling interests

     

    31

     

    30

     

    61

     

     

    35

     

    48

     

    Phillips 66

    $

    973

     

    (368

    )

    605

     

     

    984

     

    1,806

     

     

     

     

     

     

     

     

     

    Millions of Dollars

     

    Except as Indicated

     

    2025

     

    2024

     

    2Q

    1Q

    Jun YTD

     

    2Q

    Jun YTD

    Reconciliation of Consolidated Earnings to Adjusted Earnings (Loss)

     

     

     

     

     

     

    Consolidated Earnings

    $

    877

     

    487

     

    1,364

     

     

    1,015

     

    1,763

     

    Pre-tax adjustments:

     

     

     

     

     

     

    Impairments

     

    —

     

    21

     

    21

     

     

    224

     

    387

     

    Net (gain) loss on asset dispositions1

     

    89

     

    (1,085

    )

    (996

    )

     

    (238

    )

    (238

    )

    Legal accrual

     

    33

     

    —

     

    33

     

     

    —

     

    —

     

    Legal settlement

     

    —

     

    —

     

    —

     

     

    —

     

    (66

    )

    Professional advisory fees

     

    45

     

    —

     

    45

     

     

    —

     

    —

     

    Tax impact of adjustments2

     

    (40

    )

    200

     

    160

     

     

    13

     

    (10

    )

    Other tax impacts

     

    (31

    )

    —

     

    (31

    )

     

    —

     

    —

     

    Noncontrolling interests

     

    —

     

    9

     

    9

     

     

    (30

    )

    (30

    )

    Adjusted earnings (loss)

    $

    973

     

    (368

    )

    605

     

     

    984

     

    1,806

     

    Earnings per share of common stock (dollars)

    $

    2.15

     

    1.18

     

    3.32

     

     

    2.38

     

    4.10

     

    Adjusted earnings (loss) per share of common stock (dollars)

    $

    2.38

     

    (0.90

    )

    1.47

     

     

    2.31

     

    4.21

     

    Adjusted Weighted-Average Diluted Common Shares Outstanding (thousands)

     

    407,934

     

    409,182

     

    409,012

     

     

    425,734

     

    429,003

     

     

     

     

     

     

     

     

    Reconciliation of Segment Pre-Tax Income (Loss) to Adjusted Pre-Tax Income (Loss)

     

     

     

     

     

     

    Midstream Pre-Tax Income

    $

    731

     

    751

     

    1,482

     

     

    767

     

    1,321

     

    Pre-tax adjustments:

     

     

     

     

     

     

    Impairments

     

    —

     

    —

     

    —

     

     

    224

     

    283

     

    Net gain on asset dispositions1

     

    —

     

    (68

    )

    (68

    )

     

    (238

    )

    (238

    )

    Adjusted pre-tax income

    $

    731

     

    683

     

    1,414

     

     

    753

     

    1,366

     

    Chemicals Pre-Tax Income

    $

    20

     

    113

     

    133

     

     

    222

     

    427

     

    Pre-tax adjustments:

     

     

     

     

     

     

    None

     

    —

     

    —

     

    —

     

     

    —

     

    —

     

    Adjusted pre-tax income

    $

    20

     

    113

     

    133

     

     

    222

     

    427

     

    Refining Pre-Tax Income (Loss)

    $

    359

     

    (937

    )

    (578

    )

     

    302

     

    518

     

    Pre-tax adjustments:

     

     

     

     

     

     

    Impairments

     

    —

     

    —

     

    —

     

     

    —

     

    104

     

    Legal settlement

     

    —

     

    —

     

    —

     

     

    —

     

    (7

    )

    Legal accrual

     

    33

     

    —

     

    33

     

     

    —

     

    —

     

    Adjusted pre-tax income (loss)

    $

    392

     

    (937

    )

    (545

    )

     

    (302

    )

    (615

    )

    Marketing and Specialties Pre-Tax Income

    $

    571

     

    1,282

     

    1,853

     

     

    415

     

    781

     

    Pre-tax adjustments:

     

     

     

     

     

     

    Net (gain) loss on asset dispositions1

     

    89

     

    (1,017

    )

    (928

    )

     

    —

     

    —

     

    Legal settlement

     

    —

     

    —

     

    —

     

     

    —

     

    (59

    )

    Adjusted pre-tax income

    $

    660

     

    265

     

    925

     

     

    415

     

    722

     

    Renewable Fuels Pre-Tax Loss

    $

    (133

    )

    (185

    )

    (318

    )

     

    (55

    )

    (110

    )

    Pre-tax adjustments:

     

     

     

     

     

     

    None

     

    —

     

    —

     

    —

     

     

    —

     

    —

     

    Adjusted pre-tax loss

    $

    (133

    )

    (185

    )

    (318

    )

     

    (55

    )

    (110

    )

    Corporate and Other Pre-Tax Loss

    $

    (428

    )

    (376

    )

    (804

    )

     

    (340

    )

    (662

    )

    Pre-tax adjustments:

     

     

     

     

     

     

    Impairments

     

    —

     

    21

     

    21

     

     

    —

     

    —

     

    Professional advisory fees

     

    45

     

    —

     

    45

     

     

    —

     

    —

     

    Adjusted pre-tax loss

    $

    (383

    )

    (355

    )

    (738

    )

     

    (340

    )

    (662

    )

     

     

     

     

     

     

     

    1. Gain on disposition of our 49% non-operated equity interest in Coop Mineraloel AG in 1Q 2025. In connection with our pending disposition of our Germany and Austria retail marketing business, in the second quarter of 2025 we recognized a before-tax unrealized loss from foreign currency derivatives.

    2. We generally tax effect taxable U.S.-based special items using a combined federal and state annual statutory income tax rate of approximately 24%. Taxable special items attributable to foreign locations likewise generally use a local statutory income tax rate. Nontaxable events reflect zero income tax. These events include, but are not limited to, most goodwill impairments, transactions legislatively exempt from income tax, transactions related to entities for which we have made an assertion that the undistributed earnings are permanently reinvested, or transactions occurring in jurisdictions with a valuation allowance.

     

    Millions of Dollars

     

    Except as Indicated

     

    2025

     

    2Q

    1Q

    Reconciliation of Consolidated Net Income to Adjusted EBITDA Attributable to Phillips 66

     

     

    Net Income

    $

    908

     

    526

     

    Plus:

     

     

    Income tax expense

     

    212

     

    122

     

    Net interest expense

     

    230

     

    187

     

    Depreciation and amortization

     

    816

     

    791

     

    Phillips 66 EBITDA

    $

    2,166

     

    1,626

     

    Special Item Adjustments (pre-tax):

     

     

    Impairments

     

    —

     

    21

     

    Net (gain) loss on asset dispositions

     

    89

     

    (1,085

    )

    Legal accrual

     

    33

     

    —

     

    Professional advisory fees

     

    45

     

    —

     

    Total Special Item Adjustments (pre-tax)

     

    167

     

    (1,064

    )

    Change in Fair Value of NOVONIX Investment

     

    2

     

    15

     

    Phillips 66 EBITDA, Adjusted for Special Items and Change in Fair Value of NOVONIX Investment

    $

    2,335

     

    577

     

    Other Adjustments (pre-tax):

     

     

    Proportional share of selected equity affiliates income taxes

     

    17

     

    18

     

    Proportional share of selected equity affiliates net interest

     

    15

     

    14

     

    Proportional share of selected equity affiliates depreciation and amortization

     

    184

     

    187

     

    Adjusted EBITDA attributable to noncontrolling interests

     

    (50

    )

    (60

    )

    Phillips 66 Adjusted EBITDA

    $

    2,501

     

    736

     

     

     

     

    Reconciliation of Segment Income before Income Taxes to Adjusted EBITDA

     

     

    Midstream Income before income taxes

    $

    731

     

    751

     

    Plus:

     

     

    Depreciation and amortization

     

    260

     

    233

     

    Midstream EBITDA

    $

    991

     

    984

     

    Special Item Adjustments (pre-tax):

     

     

    Net gain on asset dispositions

     

    —

     

    (68

    )

    Midstream EBITDA, Adjusted for Special Items

    $

    991

     

    916

     

    Other Adjustments (pre-tax):

     

     

    Proportional share of selected equity affiliates income taxes

     

    4

     

    3

     

    Proportional share of selected equity affiliates net interest

     

    3

     

    3

     

    Proportional share of selected equity affiliates depreciation and amortization

     

    24

     

    23

     

    Adjusted EBITDA attributable to noncontrolling interests

     

    (50

    )

    (60

    )

    Midstream Adjusted EBITDA

    $

    972

     

    885

     

    Chemicals Income before income taxes

    $

    20

     

    113

     

    Plus:

     

     

    None

     

    —

     

    —

     

    Chemicals EBITDA

    $

    20

     

    113

     

    Special Item Adjustments (pre-tax):

     

     

    None

    —

     

    —

     

    Chemicals EBITDA, Adjusted for Special Items

    $

    20

     

    113

     

    Other Adjustments (pre-tax):

     

     

    Proportional share of selected equity affiliates income taxes

     

    13

     

    13

     

    Proportional share of selected equity affiliates net interest

     

    (1

    )

    (1

    )

    Proportional share of selected equity affiliates depreciation and amortization

     

    116

     

    119

     

    Chemicals Adjusted EBITDA

    $

    148

     

    244

     

    Refining Income (loss) before income taxes

    $

    359

     

    (937

    )

    Plus:

     

     

    Depreciation and amortization

     

    443

     

    456

     

    Refining EBITDA

    $

    802

     

    (481

    )

    Special Item Adjustments (pre-tax):

     

     

    Legal accrual

     

    33

     

    —

     

    Refining EBITDA, Adjusted for Special Items

    $

    835

     

    (481

    )

    Other Adjustments (pre-tax):

     

     

    Proportional share of selected equity affiliates income taxes

     

    —

     

    —

     

    Proportional share of selected equity affiliates net interest

     

    3

     

    2

     

    Proportional share of selected equity affiliates depreciation and amortization

     

    29

     

    27

     

    Refining Adjusted EBITDA

    $

    867

     

    (452

    )

    Marketing and Specialties Income before income taxes

    $

    571

     

    1,282

     

    Plus:

     

     

    Depreciation and amortization

     

    33

     

    20

     

    Marketing and Specialties EBITDA

    $

    604

     

    1,302

     

    Special Item Adjustments (pre-tax):

     

     

    Net gain on asset disposition

     

    89

     

    (1,017

    )

    Marketing and Specialties EBITDA, Adjusted for Special Items

    $

    693

     

    285

     

    Other Adjustments (pre-tax):

     

     

    Proportional share of selected equity affiliates income taxes

     

    —

     

    2

     

    Proportional share of selected equity affiliates net interest

     

    10

     

    10

     

    Proportional share of selected equity affiliates depreciation and amortization

     

    15

     

    18

     

    Marketing and Specialties Adjusted EBITDA

    $

    718

     

    315

     

    Renewable Fuels Loss before income taxes

    $

    (133

    )

    (185

    )

    Plus:

     

     

    Depreciation and amortization

     

    23

     

    23

     

    Renewable Fuels EBITDA

    $

    (110

    )

    (162

    )

    Special Item Adjustments (pre-tax):

     

     

    None

     

    —

     

    —

     

    Renewable Fuels EBITDA, Adjusted for Special Items

    $

    (110

    )

    (162

    )

    Corporate and Other Loss before income taxes

    $

    (428

    )

    (376

    )

    Plus:

     

     

    Net interest expense

     

    230

     

    187

     

    Depreciation and amortization

     

    57

     

    59

     

    Corporate and Other EBITDA

    $

    (141

    )

    (130

    )

    Special Item Adjustments (pre-tax):

     

     

    Impairments

     

    —

     

    21

     

    Professional advisory fees

     

    45

     

    —

     

    Total Special Item Adjustments (pre-tax)

     

    45

     

    21

     

    Change in Fair Value of NOVONIX Investment

     

    2

     

    15

     

    Corporate EBITDA, Adjusted for Special Items and Change in
    Fair Value of NOVONIX Investment

    $

    (94

    )

    (94

    )

     

     

     

     

     

     

     

    Millions of Dollars
    Except as Indicated

     

    June 30, 2025

    March 31, 2025

    Debt-to-Capital Ratio

     

     

    Total Debt

    $

    20,935

     

    18,803

     

    Total Equity

     

    28,626

     

     

    28,353

     

    Debt-to-Capital Ratio

     

    42

    %

     

    40

    %

    Cash and Cash Equivalents, including cash classified within Assets held for sale1

     

    1,144

     

     

    1,489

     

    Net Debt-to-Capital Ratio

     

    41

    %

     

    38

    %

    1. Includes cash and cash equivalents of $92 million classified within Assets held for sale at June 30, 2025.

     

    Millions of Dollars

     

    Except as Indicated

     

    2025

     

    2Q

    1Q

    Reconciliation of Refining Income (Loss) Before Income Taxes to Realized Refining Margins

     

     

    Income (loss) before income taxes

    $

    359

     

    (937

    )

    Plus:

     

     

    Taxes other than income taxes

     

    94

     

    110

     

    Depreciation, amortization and impairments

     

    446

     

    457

     

    Selling, general and administrative expenses

     

    32

     

    46

     

    Operating expenses

     

    848

     

    1,074

     

    Equity in earnings of affiliates

     

    2

     

    105

     

    Other segment expense, net

     

    (47

    )

    (5

    )

    Proportional share of refining gross margins contributed by equity affiliates

     

    234

     

    141

     

    Special items:

     

     

    None

     

    —

     

    —

     

    Realized refining margins

    $

    1,968

     

    991

     

    Total processed inputs (thousands of barrels)

     

    152,005

     

    124,453

     

    Adjusted total processed inputs (thousands of barrels)*

     

    174,772

     

    145,559

     

    Income (loss) before income taxes (dollars per barrel)**

    $

    2.36

     

    (7.53

    )

    Realized refining margins (dollars per barrel)***

    $

    11.25

     

    6.81

     

    *Adjusted total processed inputs include our proportional share of processed inputs of an equity affiliate.

    **Income (loss) before income taxes divided by total processed inputs.

    ***Realized refining margins per barrel, as presented, are calculated using the underlying realized refining margin amounts, in dollars, divided by adjusted total processed inputs, in barrels. As such, recalculated per barrel amounts using the rounded margins and barrels presented may differ from the presented per barrel amounts.

     

    Millions of Dollars

     

    Except as Indicated

     

    2025

     

    2Q

    1Q

    June YTD

    Reconciliation of Refining Operating and SG&A Expenses to Refining Adjusted Controllable Costs

     

     

     

    Turnaround expenses

    $

    53

     

    270

    323

     

    Other operating expenses

     

    795

     

    804

    1,599

     

    Total operating expenses

     

    848

     

    1,074

    1,922

     

    Selling, general and administrative expenses

     

    32

     

    46

    78

     

    Refining Controllable Costs

     

    880

     

    1,120

    2,000

     

    Plus:

     

     

     

    Proportional share of equity affiliate turnaround expenses1

     

    24

     

    27

    51

     

    Proportional share of equity affiliate other operating and SG&A expenses1

     

    161

     

    173

    334

     

    Total proportional share of equity affiliate operating and SG&A expenses1

     

    185

     

    200

    385

     

    Special item adjustments (pre-tax):

     

     

     

    Legal accrual

     

    (33

    )

    —

    (33

    )

    Refining Adjusted Controllable Costs

     

    1,032

     

    1,320

    2,352

     

     

     

     

     

    Total processed inputs (MB)

     

    152,005

     

    124,453

    276,458

     

    Adjusted total processed inputs (MB)2

     

    174,772

     

    145,559

    320,331

     

     

     

     

     

    Refining turnaround expense ($/BBL)3

     

    0.35

     

    2.17

    1.17

     

    Refining controllable costs, excluding turnaround expense ($/BBL)3

     

    5.44

     

    6.83

    6.07

     

    Refining Controllable Costs per Barrel ($/BBL)3

     

    5.79

     

    9.00

    7.24

     

     

     

     

     

    Refining adjusted turnaround expense ($/BBL)4

     

    0.44

     

    2.04

    1.17

     

    Refining adjusted controllable costs, excluding adjusted turnaround expense ($/BBL)4

     

    5.46

     

    7.03

    6.17

     

    Refining Adjusted Controllable Costs ($/BBL)4

     

    5.90

     

    9.07

    7.34

     

     

     

     

     

    1. Represents proportional share of operating and SG&A of equity affiliates for our Refining segment that are reflected as a component of equity in earnings of affiliates on our consolidated statement of income.

    2. Adjusted total processed inputs include our proportional share of processed inputs of an equity affiliate.

    3. Denominator is total processed inputs.

    4. Denominator is adjusted total processed inputs.

     

    Millions of Dollars

     

    Except as Indicated

     

    2024

    2023

    2022

    2021

    Reconciliation of Refining Operating and SG&A Expenses to Refining Adjusted Controllable Costs

     

     

     

     

    Turnaround expenses

    $

    484

     

    538

     

    772

     

    497

     

    Other operating expenses

     

    3,243

     

    3,707

     

    3,958

     

    3,663

     

    Total operating expenses

     

    3,727

     

    4,245

     

    4,730

     

    4,160

     

    Selling, general and administrative expenses

     

    209

     

    169

     

    152

     

    131

     

    Refining Controllable Costs

     

    3,936

     

    4,414

     

    4,882

     

    4,291

     

    Plus:

     

     

     

     

    Proportional share of equity affiliate turnaround expenses1

     

    68

     

    93

     

    118

     

    118

     

    Proportional share of equity affiliate other operating and SG&A expenses1

     

    626

     

    641

     

    721

     

    619

     

    Total proportional share of equity affiliate operating and SG&A expenses1

     

    694

     

    734

     

    839

     

    737

     

    Special item adjustments (pre-tax):

     

     

     

     

    Hurricane-related (costs) recovery

     

    —

     

    —

     

    21

     

    (40

    )

    Winter-storm-related costs

     

    —

     

    —

     

    —

     

    (17

    )

    Alliance shutdown-related costs

     

    —

     

    —

     

    (20

    )

    (32

    )

    Legal accrual

     

    (22

    )

    (30

    )

    —

     

    —

     

    Los Angeles Refinery cessation costs

     

    (44

    )

    —

     

    —

     

    —

     

    Refining Adjusted Controllable Costs

     

    4,564

     

    5,118

     

    5,722

     

    4,939

     

     

     

     

     

     

    Total processed inputs (MB)

     

    588,316

     

    607,958

     

    612,741

     

    638,145

     

    Adjusted total processed inputs (MB)2

     

    680,043

     

    685,435

     

    691,855

     

    715,780

     

     

     

     

     

     

    Refining turnaround expense ($/BBL)3

     

    0.82

     

    0.88

     

    1.26

     

    0.78

     

    Refining controllable costs, excluding turnaround expense ($/BBL)3

     

    5.87

     

    6.38

     

    6.71

     

    5.95

     

    Refining Controllable Costs per Barrel ($/BBL)3

     

    6.69

     

    7.26

     

    7.97

     

    6.72

     

     

     

     

     

     

    Refining adjusted turnaround expense ($/BBL)4

     

    0.81

     

    0.92

     

    1.29

     

    0.86

     

    Refining adjusted controllable costs, excluding adjusted turnaround expense ($/BBL)4

     

    5.90

     

    6.55

     

    6.98

     

    6.04

     

    Refining Adjusted Controllable Costs ($/BBL)4

     

    6.71

     

    7.47

     

    8.27

     

    6.90

     

     

     

     

     

     

    1. Represents proportional share of operating and SG&A of equity affiliates for our Refining segment that are reflected as a component of equity in earnings of affiliates on our consolidated statement of income.

    2. Adjusted total processed inputs include our proportional share of processed inputs of an equity affiliate.

    3. Denominator is total processed inputs.

    4. Denominator is adjusted total processed inputs.

    Source: Phillips 66

    MIL OSI Global Banks –

  • MIL-OSI: OMS Energy Technologies Inc. Filed 2025 Annual Report on Form 20-F

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, July 25, 2025 (GLOBE NEWSWIRE) — OMS Energy Technologies Inc. (“OMS” or the “Company”) (NASDAQ: OMSE), a growth-oriented manufacturer of surface wellhead systems (“SWS”) and oil country tubular goods (“OCTG”) for the oil and gas industry, today announced that the Company has filed its annual report on Form 20-F for the fiscal year ended March 31, 2025 with the U.S. Securities and Exchange Commission (the “SEC”) on July 25, 2025.

    The annual report is available on the Company’s investor relations website at ir.omsos.com and on the SEC’s website at www.sec.gov. The Company will provide hard copies of the annual report, free of charge, to its shareholders upon written request. Requests should be directed to the Investor Relations Department, OMS Energy Technologies Inc., 10 Gul Circle, Singapore 629566.

    About OMS Energy Technologies Inc.

    OMS Energy Technologies Inc. (NASDAQ: OMSE) is a growth-oriented manufacturer of surface wellhead systems (SWS) and oil country tubular goods (OCTG) for the oil and gas industry. Serving both onshore and offshore exploration and production operators, OMS is a trusted single-source supplier across six vital jurisdictions in the Asia Pacific, Middle Eastern and North African (MENA) regions. The Company’s 11 strategically located manufacturing facilities in key markets ensure rapid response times, customized technical solutions and seamless adaptation to evolving production and logistics needs. Beyond its core SWS and OCTG offerings, OMS also provides premium threading services to maximize operational efficiency for its customers.

    For more information, please visit ir.omsos.com.

    For investor and media inquiries, please contact:

    OMS Energy Technologies Inc.
    Investor Relations
    Email: ir@omsos.com

    Piacente Financial Communications
    Brandi Piacente
    Tel: +1-212-481-2050
    Email: oms@thepiacentegroup.com

    Hui Fan
    Tel: +86-10-6508-0677
    Email: oms@thepiacentegroup.com

    The MIL Network –

  • MIL-OSI United Kingdom: Scotland gets £66 million transport boost as part of record Spending Review settlement

    Source: United Kingdom – Government Statements

    Press release

    Scotland gets £66 million transport boost as part of record Spending Review settlement

    Today (25 July) the Chancellor will visit Paisley to announce £66 million of investment in Scottish transport.

    • Chancellor Rachel Reeves announces millions for West of Scotland transport links and extra funding to explore upgrades to the A75.
    • Investment follows the Industrial Strategy which boosted Advanced Manufacturing clusters and the Spending Review which delivered a record settlement for Scottish public services.
    • Funding is part of Government’s plan to invest in the economy right across the UK.

    The investment will help workers access jobs in high growth sectors supercharged by the government’s modern Industrial Strategy and Spending Review.

    The UK Government is boosting investment across Scotland through two investment zones and multiple industrial sites from the North East of Scotland Investment Zone to the Prestwick Aerospace Cluster.

    This £66 million will work alongside these investments to fund three Scottish transport schemes and create direct links between towns and economic hubs in the West of Scotland.  

    Renfrewshire Council will get £38.7 million to link Paisley town centre with Advanced Manufacturing Innovation District Scotland (AMIDS) and Glasgow Airport. New walking, cycling, bus and car links will be built so local people can benefit from the growth of high value manufacturing in Renfrewshire. 

    Another £23.7 million will be given to North Ayrshire Council to upgrade the B714. This upgrade will see a much faster route between the Three Towns of Ardrossan, Saltcoats and Stevenston to Glasgow, and cut traffic in Kilwinning. The Chancellor prioritised finding this cash during last month’s Spending Review, which also saw billions invested in Scotland’s growth sectors.

    Chancellor of the Exchequer, Rachel Reeves said:

    We’re pledging billions to back Scottish jobs, industry and renewal – that’s why we’re investing in the major transport projects, including exploring upgrades to the A75, that local communities have been calling for.

    Whilst previous governments oversaw over a decade of decline of our transport infrastructure, we’re investing in Britain’s renewal. This £66 million investment is exactly what our Plan for Change is about, investing in what matters to you in the places that you live.

    Meanwhile, the Scottish Government will be given an extra £3.45 million to suggest upgrades to the A75 in Dumfries and Galloway.  The key road, which links the Cairnryan port serving Northern Ireland with the rest of the UK, is vital to UK connectivity and growing the economy. This new money comes on top of the up-to-£5 million announced at the Chancellor’s Autumn Budget 2024. 

    As part of a wider investment strategy in Scotland the Spending Review saw around £200 million committed to the Acorn Carbon Capture, Usage and Storage project, subject to business cases, and £8.3 billion confirmed for Great British Energy, strengthening Scotland’s position as the home of the UK’s clean energy revolution. 

    A multi-decade, multi-billion project to secure jobs at HM Naval Base Clyde was also kickstarted with an initial £250 million investment.

    Whilst in Scotland the Chancellor will also visit the Edinburgh Supercomputer, which will receive up to £750 million in UK Government funding, later on Friday. The funding, announced during the Chancellor’s Spending Review will ensure that Scotland becomes home to the UK’s most powerful Supercomputer, supporting Scottish research and development, and industry.

    The Spending Review delivered a record settlement for Scottish public services, with the Scottish Government’s largest settlement, in real terms, since devolution in 1998. Scottish Government’s settlement is growing in real terms between 2024-25 and 2028-29. This translates into an average of £50.9 billion per year between 2026-27 and 2028-29.

    Scotland Secretary, Ian Murray, said:

    This £66 million investment in Scotland’s roads demonstrates the UK Government’s commitment to improving infrastructure and driving economic growth in all parts of the UK as part of our Plan for Change. This investment will make a real difference to people’s daily lives and to the local economies of the South of Scotland, Ayrshire and Renfrewshire.

    New road links will connect Paisley town centre with Glasgow Airport and the new advanced manufacturing innovation district, to boost high value manufacturing in Renfrewshire. The upgrade to the B714 will speed up journeys between Glasgow and the three towns of Ardrossan, Saltcoats and Stevenston, as well as cutting traffic in Kilwinning. And the A75 is strategically important just not within but beyond Scotland. Its upgrading is long overdue. I am pleased that the UK Government has stepped up to fund the delivery of the A75 feasibility study in full.

    This investment is yet another example of how the UK Government is building the foundations for a stronger, more prosperous future that benefits communities right across Scotland.

    More information

    • As strategic roads in Scotland are the Scottish Government’s responsibility, any future upgrades to the A75 will be funded from the Scottish Government’s block grant. 
    • The Ayrshire and Renfrewshire projects are part of a £378m UK-wide Levelling Up Fund cash boost, upgrading transport links across Britain, which will also be announced today.
    • Building work on the LUF projects will be able to start as final business cases are given the green light by the Department for Transport.

    Updates to this page

    Published 25 July 2025

    MIL OSI United Kingdom –

  • India tests first hydrogen train coach, boosts green rail push

    Source: Government of India

    Source: Government of India (4)

    Indian Railways has achieved a major milestone by successfully testing the nation’s first hydrogen-powered coach at the Integral Coach Factory (ICF) in Chennai, Union Railway Minister Ashwini Vaishnaw announced on Friday.

    “First hydrogen-powered coach (Driving Power Car) successfully tested at ICF, Chennai. India is developing a 1,200 HP hydrogen train. This will place India among the leaders in hydrogen-powered train technology,” Vaishnaw shared in a post on X.

    The test marks a major milestone in India’s efforts to transition towards clean and green transportation alternatives. The hydrogen coach is part of a broader vision by Indian Railways to deploy 35 hydrogen-powered trains under the “Hydrogen for Heritage” initiative. These trains are intended to operate on heritage and hill routes across the country, with an estimated cost of ₹80 crore per train and an additional ₹70 crore for supporting ground infrastructure per route.

    Indian Railways has also initiated a pilot project to retrofit an existing Diesel Electric Multiple Unit (DEMU) with a hydrogen fuel cell. The project, including the installation of ground infrastructure, is being implemented at a cost of ₹111.83 crore and is planned to run on the Jind–Sonipat section of Northern Railway.

    While the running cost of hydrogen-based trains is yet to be firmly established in the Indian context, initial estimates suggest higher operational costs that are expected to decrease as the number of hydrogen trains increases. Beyond economic considerations, hydrogen fuel is widely recognized for its environmental benefits, including zero carbon emissions, making it a key component of India’s clean energy transition strategy.

    India’s push toward hydrogen mobility extends beyond the railway sector. In 2024, Union Minister of Petroleum & Natural Gas, Hardeep Singh Puri, showcased the country’s progress in green hydrogen energy push by presenting a hydrogen-fuelled bus, developed by Indian Oil, to the visiting Prime Minister of Bhutan, Tshering Tobgay, during his official visit.

    (With ANI inputs)

  • MIL-OSI NGOs: Preparing Tomorrow’s Radiation Protection Professionals

    Source: International Atomic Energy Agency (IAEA) –

    As of 2025, the IAEA has trained close to 2,500 professionals from 137 countries through the PGEC. (Photo: L. Grindrod/IAEA)

    Dozens of participants have completed the latest IAEA post-graduate courses in radiation protection, enabling them to help safely expand the use of nuclear science and technology in 31 participating countries.

    The latest participants completed intensive, six-month Postgraduate Educational Courses in Radiation Protection and the Safety of Radiation Sources (PGEC) in either Greece or Ghana, designed to prepare them for work as radiation protection experts, regulators and nuclear safety professionals.

    “For close to 45 years, PGEC has continuously trained new generations of experts in Europe and Central Asia for work in the field of radiation protection,” explained Emina Alic, IAEA Programme Management Officer. “Today, former PGEC graduates are helping to shape the future of their country’s engagement with nuclear applications as national operators, regulators and policymakers.”

    “With the increased use of radiation sources in Africa, radiation safety has become one of the main priority areas of the IAEA’s regional technical cooperation programme for Africa,” explained IAEA Programme Management Officer Felix Omonya. “The IAEA has provided substantial support in the form of equipment and expert guidance, but in terms of training, the PGEC represents a cornerstone of our capacity building efforts.”

    Radioactive sources are manufactured in research reactors. As they decay through their lifetime, the radiation they emit can be used to diagnose or treat cancers, measure pollution or monitor industrial processes. When they reach the end of their life, the radioactive sources are interred safely in waste storage or disposal facilities. X ray machines on the other hand, generate radiation on demand, offering a predictable and reliable source of radiation that can be made safe as soon as its work is done.  

    The use of these radiation sources and technologies requires a comprehensive framework of national legislation and regulations and relies on the availability of sufficiently trained and motivated safety professionals. The IAEA’s PGEC responds to this need by helping to develop a cohort of radiation protection professionals through a combination of theoretical, classroom instruction and hands-on training.

    “While some regulatory frameworks are in place in my country, there is still a pressing need to update existing regulations in line with international standards,” explained Blinda Mutuzo of the Rwanda Atomic Energy Board. “The PGEC covered many of the areas where we most need support and offered practical knowledge on regulatory frameworks, authorization and inspection processes, source management and more.”

    “The course helped me grow professionally by expanding my knowledge and confidence in radiation protection. It also allowed me to connect with experts and peers from other countries. These connections may lead to future collaborations in training, technical assistance or policy development,” said Mutuzo.

    “Emergency preparedness and the improvement of the established early warning system are among Lithuania’s priorities at the moment,” said Kornelija Dacytė, Chief Specialist of Lithuania’s Radiation Protection Centre. “Not only did PGEC respond to these national needs, I am now hoping to adjust my career trajectory to focus more on emergency preparedness and I hope to support decision-making through atmospheric dispersion modelling.” The IAEA supports countries to use atmospheric dispersion modelling to simulate the spread of air pollutants, including radioactive substances.

    MIL OSI NGO –

  • MIL-OSI United Kingdom: G20 Development Meeting: Baroness Chapman’s speech

    Source: United Kingdom – Executive Government & Departments

    Speech

    G20 Development Meeting: Baroness Chapman’s speech

    Minister for Development, Baroness Chapman, gave a speech on the UK’s new approach to development at the G20 Development Ministerial Meeting in South Africa .

    Congratulations to the Presidency on hosting the first G20 in Africa.

    It has taken 20 years to meet in Africa. There is no world in which this should have taken so long. From the UK’s perspective, we should not wait another 20 years to do this again.

    This is at the core of what I want to use my intervention to say. That we in the UK believe we have to do development differently now.

    We cannot start from the idea that ‘we know best’. We must not just pay lip service to what our partners tell us. When we say partnership and not paternalism – we have to mean it.

    The solutions of 2005 are not the solutions of 2025. And with environmental shocks, health crises, and more conflicts than at any time since the middle of the last century, all hitting the poorest hardest, we have to face up to reality.

    This is the only way to rise to the global challenge that Mandela gave us – to Make Poverty History.

    There are three specific ways in which we are transforming the UK’s approach.

    One – we are listening. Our new approach is already informing our new strategy. But there is a long way to go.

    New leadership from across the globe is changing what is possible, again. Powerful voices like President of the African Development Bank, Akinwumi Adesina. The new Commonwealth Secretary General, Shirley Botchwey. Nigerian Health Minister, Muhammad Ali Pate.

    These are just a few of the 47 African governments and multilateral bodies, and over 200 businesses and communities that the UK has consulted – following our Foreign Secretary’s visit to Cape Town last year.

    Two – we are thinking like investors, not donors, and bringing all the UK’s strengths to the table.

    In partnership, we can share everything from world-class health and tech know-how, to new ways of getting finance flowing into emerging and developing markets – from the world’s green finance hub in London.

    I saw some of this yesterday at an agri-business in this region, with British International Investment helping to create 400 local jobs. Critical for the economy and for supporting South Africa’s Just Energy Transition Partnership.

    We’re making headway on getting money in place before disasters hit, and unlocking private capital – as we discussed together in Seville, at FFD4 two weeks ago.

    The private sector is vital – which is why we matched private funding for Gavi, so we can get new ideas and fresh thinking into how we keep our populations healthy.

    And third – this is all part of our shared mission for economic growth and opportunity. That is how we get countries on a journey out of development and aid – and help millions more people out of poverty.

    So, I want to thank the Presidency for choosing themes that go to the heart of how we can work together.

    On illicit finance – my friend the Foreign Secretary is leading the UK’s efforts to tackle this shared challenge, and he will host a global conference.

    There is more though for us all to do – to give people confidence that they can trust governments to use their money well, and combat criminals laundering money through the world’s financial centres.

    And on social protection – together, we are developing systems every government needs, to reach the most vulnerable people facing hunger and poverty.

    That includes the work my colleague Lord Collins is co-leading, alongside Somalia’s Deputy Prime Minister – to make sure this can be felt in the most fragile places on earth.

    Finally, these auspicious occasions, as I am sure you all know, can happen with such frequency that we show up and we repeat positions we have been stuck on for years. But instead, I want to use every occasion we come together as an opportunity to leave ‘business as usual’ behind – and push for the change we all know is needed.

    So we are going to work together, harder – to secure reform at the United Nations, the International Monetary Fund, and the World Bank.

    To improve and expand the G20’s approach to debt, ahead of the leaders summit.

    To back Brazil’s work to make the next climate summit count.

    And to champion ambition and innovation at the African Development Bank – as well as the replenishment of the Global Fund, that we are proud to co-host alongside South Africa.

    This is how we remake development for the next 20 years. Making sure we don’t wait decades to meet in Africa again.

    Starting with the idea that we need to learn from one another – and drop the old idea that ‘we know best’.

    And facing up to reality. So we listen to our partners. Think like investors. And bringing all our strengths to bear, in pursuit of the economic growth and opportunity that we need – to help millions more people put poverty behind them.

    Thank you.

    Updates to this page

    Published 25 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI Security: Preparing Tomorrow’s Radiation Protection Professionals

    Source: International Atomic Energy Agency – IAEA

    As of 2025, the IAEA has trained close to 2,500 professionals from 137 countries through the PGEC. (Photo: L. Grindrod/IAEA)

    Dozens of participants have completed the latest IAEA post-graduate courses in radiation protection, enabling them to help safely expand the use of nuclear science and technology in 31 participating countries.

    The latest participants completed intensive, six-month Postgraduate Educational Courses in Radiation Protection and the Safety of Radiation Sources (PGEC) in either Greece or Ghana, designed to prepare them for work as radiation protection experts, regulators and nuclear safety professionals.

    “For close to 45 years, PGEC has continuously trained new generations of experts in Europe and Central Asia for work in the field of radiation protection,” explained Emina Alic, IAEA Programme Management Officer. “Today, former PGEC graduates are helping to shape the future of their country’s engagement with nuclear applications as national operators, regulators and policymakers.”

    “With the increased use of radiation sources in Africa, radiation safety has become one of the main priority areas of the IAEA’s regional technical cooperation programme for Africa,” explained IAEA Programme Management Officer Felix Omonya. “The IAEA has provided substantial support in the form of equipment and expert guidance, but in terms of training, the PGEC represents a cornerstone of our capacity building efforts.”

    Radioactive sources are manufactured in research reactors. As they decay through their lifetime, the radiation they emit can be used to diagnose or treat cancers, measure pollution or monitor industrial processes. When they reach the end of their life, the radioactive sources are interred safely in waste storage or disposal facilities. X ray machines on the other hand, generate radiation on demand, offering a predictable and reliable source of radiation that can be made safe as soon as its work is done.  

    The use of these radiation sources and technologies requires a comprehensive framework of national legislation and regulations and relies on the availability of sufficiently trained and motivated safety professionals. The IAEA’s PGEC responds to this need by helping to develop a cohort of radiation protection professionals through a combination of theoretical, classroom instruction and hands-on training.

    “While some regulatory frameworks are in place in my country, there is still a pressing need to update existing regulations in line with international standards,” explained Blinda Mutuzo of the Rwanda Atomic Energy Board. “The PGEC covered many of the areas where we most need support and offered practical knowledge on regulatory frameworks, authorization and inspection processes, source management and more.”

    “The course helped me grow professionally by expanding my knowledge and confidence in radiation protection. It also allowed me to connect with experts and peers from other countries. These connections may lead to future collaborations in training, technical assistance or policy development,” said Mutuzo.

    “Emergency preparedness and the improvement of the established early warning system are among Lithuania’s priorities at the moment,” said Kornelija Dacytė, Chief Specialist of Lithuania’s Radiation Protection Centre. “Not only did PGEC respond to these national needs, I am now hoping to adjust my career trajectory to focus more on emergency preparedness and I hope to support decision-making through atmospheric dispersion modelling.” The IAEA supports countries to use atmospheric dispersion modelling to simulate the spread of air pollutants, including radioactive substances.

    MIL Security OSI –

  • MIL-OSI Economics: ABAC Issued Declaration on Sustainable AI Infrastructure and Investment Hai Phong, Viet Nam | 25 July 2025 APEC Business Advisory Council

    Source: APEC Secretariat

    The APEC Business Advisory Council (ABAC) released its Declaration on Sustainable Artificial Intelligence (AI) Infrastructure and Investment, underscoring the business community’s commitment to a sustainable AI future.

    AI is rapidly transforming economies and societies across the region. It holds immense potential to unlock innovation, drive productivity, and promote inclusive growth. However, none of this works without infrastructure—underpinned by data centers and the electricity grids that support them. The full benefits of AI cannot be realized without resilient, efficient, and sustainable infrastructure to support its development and deployment.

    “Energy gaps are deepening inequality and limiting participation in the digital economy. The digital divide isn’t just about tech anymore—it’s about capital access, grid resilience and human capacity. Our declaration reaffirms our commitment to APEC’s 2025 vision of ‘Building a Sustainable Tomorrow’,” said Jan De Silva, Chair of ABAC’s AI and Digital Innovation Working Group.

    This meeting took place in advance of APEC’s first Digital and AI Ministerial meeting taking place August 4-6 in Incheon, Korea. ABAC has committed to four priority actions:

    • Accelerating Investment in Sustainable AI Infrastructure
    • Embedding Sustainability into the AI Lifecycle
    • Fostering Cross-Economy Collaboration and Investment
    • Advocating for Enabling Policies and Standards

    “ABAC reaffirms its commitment to shaping an AI-powered future that is not only innovative and inclusive but also sustainable and resilient. We invite governments, industry, academia, and civil society to join us in this shared effort to build responsible AI across the APEC region,” said ABAC Chair, HS Cho.

    The full declaration can be found here.

    For further information, please contact:

    Amanda Doyle (Ms), AIDIWG Lead Staffer at +1-905-467-0019 and [email protected]
    Antonio Basilio (Mr), Director of the ABAC Secretariat at +63 917 849 3351 and [email protected]

    MIL OSI Economics –

  • MIL-OSI United Nations: Preparing Tomorrow’s Radiation Protection Professionals

    Source: International Atomic Energy Agency (IAEA)

    Dozens of participants have completed the latest IAEA post-graduate courses in radiation protection, enabling them to help safely expand the use of nuclear science and technology in 31 participating countries.

    The latest participants completed intensive, six-month Postgraduate Educational Courses in Radiation Protection and the Safety of Radiation Sources (PGEC) in either Greece or Ghana, designed to prepare them for work as radiation protection experts, regulators and nuclear safety professionals.

    “For close to 45 years, PGEC has continuously trained new generations of experts in Europe and Central Asia for work in the field of radiation protection,” explained Emina Alic, IAEA Programme Management Officer. “Today, former PGEC graduates are helping to shape the future of their country’s engagement with nuclear applications as national operators, regulators and policymakers.”

    “With the increased use of radiation sources in Africa, radiation safety has become one of the main priority areas of the IAEA’s regional technical cooperation programme for Africa,” explained IAEA Programme Management Officer Felix Omonya. “The IAEA has provided substantial support in the form of equipment and expert guidance, but in terms of training, the PGEC represents a cornerstone of our capacity building efforts.”

    Radioactive sources are manufactured in research reactors. As they decay through their lifetime, the radiation they emit can be used to diagnose or treat cancers, measure pollution or monitor industrial processes. When they reach the end of their life, the radioactive sources are interred safely in waste storage or disposal facilities. X ray machines on the other hand, generate radiation on demand, offering a predictable and reliable source of radiation that can be made safe as soon as its work is done.  

    The use of these radiation sources and technologies requires a comprehensive framework of national legislation and regulations and relies on the availability of sufficiently trained and motivated safety professionals. The IAEA’s PGEC responds to this need by helping to develop a cohort of radiation protection professionals through a combination of theoretical, classroom instruction and hands-on training.

    “While some regulatory frameworks are in place in my country, there is still a pressing need to update existing regulations in line with international standards,” explained Blinda Mutuzo of the Rwanda Atomic Energy Board. “The PGEC covered many of the areas where we most need support and offered practical knowledge on regulatory frameworks, authorization and inspection processes, source management and more.”

    “The course helped me grow professionally by expanding my knowledge and confidence in radiation protection. It also allowed me to connect with experts and peers from other countries. These connections may lead to future collaborations in training, technical assistance or policy development,” said Mutuzo.

    “Emergency preparedness and the improvement of the established early warning system are among Lithuania’s priorities at the moment,” said Kornelija Dacytė, Chief Specialist of Lithuania’s Radiation Protection Centre. “Not only did PGEC respond to these national needs, I am now hoping to adjust my career trajectory to focus more on emergency preparedness and I hope to support decision-making through atmospheric dispersion modelling.” The IAEA supports countries to use atmospheric dispersion modelling to simulate the spread of air pollutants, including radioactive substances.

    MIL OSI United Nations News –

  • MIL-OSI Asia-Pac: Gas Safety (Amendment) Ordinance 2025 gazetted

    Source: Hong Kong Government special administrative region – 4

    The Government gazetted today (July 25) the Gas Safety (Amendment) Ordinance 2025 (the Ordinance).

    A spokesman for the Environment and Ecology Bureau said, “The Ordinance amends the definition of ‘gas’ under the Gas Safety Ordinance (Cap. 51) to bring ‘regulated hydrogen’ used or intended to be used as fuel to propel vehicles, trains, machinery, etc under the regulatory framework of the Gas Safety Ordinance. This Ordinance establishes a regulatory framework governing the importation, manufacture, storage, transport, supply and use of hydrogen that is used or intended to be used as fuel.”

    The Ordinance empowers the Chief Executive in Council to make regulations in relation to “regulated hydrogen” and its relevant matters. The Government will introduce subsidiary legislation on the regulation of “regulated hydrogen” into the Legislative Council for negative vetting within 2026. The Ordinance and the relevant subsidiary legislation will come into effect on the same day. The Electrical and Mechanical Services Department will consult the trade on the proposed subsidiary legislation to ensure that the relevant regulations could effectively assure the safe use of hydrogen in Hong Kong.

    The spokesman added, “The relevant subsidiary legislation will cover the entire supply chain of ‘regulated hydrogen’ to provide a clear legal framework and stable regulatory environment for the local hydrogen energy industry, enabling both local and international investors to develop hydrogen-related businesses in Hong Kong with greater confidence.”

    MIL OSI Asia Pacific News –

  • MIL-OSI: Defiance Launches AIPO: The First ETF Focused on AI Power Infrastructure

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, July 25, 2025 (GLOBE NEWSWIRE) — Defiance ETFs, a leader in thematic and leveraged exchange-traded funds, today announced the launch of the Defiance AI & Power Infrastructure ETF (Nasdaq: AIPO). This innovative ETF provides investors with targeted exposure to U.S.-listed companies at the forefront of artificial intelligence (AI) and critical power infrastructure, addressing the surging energy demands of AI technologies through decentralized energy solutions, electrical grids, data centers, and AI hardware.

    AIPO seeks to track the MarketVector™ US Listed AI and Power Infrastructure Index, offering a passive approach to high-growth themes without the need for margin accounts. AIPO empowers retail investors to capitalize on the intersection of AI innovation and power infrastructure, including sub-themes like nuclear energy generation, data center operations, and AI-enabling semiconductor hardware.

    Why AI & Power Infrastructure? The explosive growth of AI is straining global energy resources, creating unprecedented opportunities in power generation and infrastructure. Companies in decentralized energy technologies, electric utilities, construction, and AI hardware are poised for expansion as data centers and computing demands escalate. AIPO targets firms deriving at least 50% of revenue from these areas, providing amplified exposure to themes like nuclear power, energy storage, and AI-specific components. This first-mover ETF positions investors to potentially benefit from the high-growth convergence of AI and sustainable power solutions.

    “Defiance continues to drive innovation in thematic ETFs, and AIPO represents a timely opportunity for investors to access the critical link between AI advancements and power infrastructure,” said Sylvia Jablonski, CEO of Defiance ETFs. “As AI technologies require massive energy inputs, companies building the next generation of grids, data centers, and hardware are essential. AIPO offers precise, forward-looking exposure to this dynamic sector, empowering active investors to pursue high-growth potential.”

    About Defiance Founded in 2018, Defiance is at the forefront of ETF innovation. Defiance is a leading ETF issuer specializing in thematic, income, and leveraged ETFs. Our first-mover leveraged single-stock ETFs empower investors to take amplified positions in high-growth companies, providing precise leverage exposure without the need to open a margin account.

    IMPORTANT DISCLOSURES

    The Fund’s investment objectives, risks, charges, and expenses must be considered carefully before investing. The prospectus and summary prospectus contain this and other important information about the investment company. Please read carefully before investing. A hard copy of the prospectuses can be requested by calling 833.333.9383.

    Defiance ETFs LLC is the ETF sponsor. The Fund’s investment adviser is Tidal Investments, LLC (“Tidal” or the “Adviser”).

    Investing involves risk. Principal loss is possible. As an ETF, the funds may trade at a premium or discount to NAV. Shares of any ETF are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. A portfolio concentrated in a single industry or country, may be subject to a higher degree of risk.

    Market Risk: The Fund’s investments may decline in value due to general market conditions, economic events, or factors affecting specific industries or issuers.

    Index Tracking Risk: The Fund may not perfectly replicate the performance of the Index due to fees, expenses, and other operational factors.

    Sector Concentration Risk: Because the Fund may invest heavily in technology, utilities, and energy sectors, it is more vulnerable to adverse developments in these areas.

    AI and Technology Risk: Companies involved in AI hardware and data centers are subject to rapid innovation cycles, competitive pressures, and regulatory challenges.

    Energy and Infrastructure Risk: Power generation and utility companies can be impacted by commodity price volatility, regulatory changes, and environmental factors.

    New Fund Risk: As a newly organized fund, it has no operating history, making it difficult for investors to assess performance or management effectiveness.

    Passive Investment Risk: The Fund does not actively manage its portfolio and will not take defensive positions if the Index declines.

    Liquidity Risk: Shares may trade at prices other than NAV, and certain underlying holdings may have limited liquidity.

    Underlying Index Risk: Errors, changes, or delays in the Index calculation could impact Fund performance.

    Third-Party Data Risk: The Fund relies on external data providers for Index construction, and inaccuracies or delays may affect tracking.

    Operational Risk: Failures or errors by service providers, counterparties, or systems could disrupt Fund operations.

    The MarketVector™ US Listed AI and Power Index (MVAIPO) is a thematic index tracking the performance of companies contributing to critical electrical grid and artificial intelligence infrastructure through nuclear and other decentralized energy technologies, electric equipment and related engineering and construction services, electrical utilities, data center operations, and AI related computing hardware.

    Note: The Fund is not suitable for all investors and is designed for those who understand thematic sector exposures and are willing to monitor their portfolios.

    Distributed by Foreside Fund Services, LLC.

    Contact: David Hanono, info@defianceetfs.com, 833.333.9383

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4c82c07c-54f0-426d-9cc3-92e69df8e8bf

    The MIL Network –

  • MIL-OSI Russia: Yuri Trutnev: Volcanoes, ocean and man: Kamchatka is preparing for the exhibition “Far East Street” within the framework of the VEF

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – Government of the Russian Federation –

    An important disclaimer is at the bottom of this article.

    Kamchatka Krai will present its exposition at the exhibition “Far East Street”, which will be held from September 3 to 9 as part of the tenth, anniversary Eastern Economic Forum. The exhibition is organized by the Roscongress Foundation with the support of the Office of the Plenipotentiary Representative of the President in the Far Eastern Federal District.

    The central zone of the space – “The Will of Man” – will be dedicated to the 80th anniversary of the victory over Japan, and in particular to the legendary Kuril landing operation. It will act as an interactive museum of Kamchatka military glory, and will harmoniously weave in stories about the Great Patriotic War and the special military operation.

    “We are celebrating the 80th anniversary of the Great Victory. I believe that it is impossible not to touch upon the topic of the victory of the Soviet people in the Great Patriotic War. Kamchatka made a significant contribution to the victory. This is not only the supply of products, but also the mobilization of human resources, the heroic defense of borders and preparation for strategically important operations. It is important to always remember and honor the heroic and selfless feat of home front workers, soldiers and officers, indigenous peoples – all who gave their lives for the freedom and independence of the Motherland. It is necessary to show what heroic feats and efforts were needed to create the victory,” said Deputy Prime Minister – Presidential Plenipotentiary Envoy to the Far Eastern Federal District, Chairman of the Organizing Committee of the Eastern Economic Forum Yuri Trutnev.

    “80 years ago, ordinary residents of the Kamchatka Region played a decisive role in ending World War II by conquering, as it seemed then, the impregnable islands of the Kuril Ridge. Then 306 Kamchatka residents gave their lives in the fight against Japanese militarism. We will never forget the price of this victory. And the main task that we set for ourselves is not to allow the events of those years to be distorted: every young resident of our region and the country as a whole should know and honor the pages of history that turned the tide of the war. That is why, on the instructions of the President of the Russian Federation, an open-air museum will be opened on Shumshu Island, and young people from all over the country, including Kamchatka guys, will go on a search expedition to the places of glory of our soldiers. The play “Ballad of the Kuril Landing” will be staged in Kamchatka, which will be presented to viewers on August 18,” said Vladimir Solodov, Governor of the Kamchatka Region.

    The exhibition will introduce guests and participants of the EEF-2025 to the unique features of Kamchatka, including its natural beauty.

    “Kamchatka is a unique region, the pearl of our country. It is truly a land of fire and ice. Active volcanoes, geysers, thermal springs form a unique landscape. This is one of the most promising territories of our country for tourism development. New hotels open every year. Thanks to the implementation of the master plan, the urban environment of Petropavlovsk-Kamchatsky is gradually changing. A new modern airport welcomes guests of the peninsula,” concluded Yuri Trutnev.

    The pavilion will feature a “Traveler’s Passport” zone, designed in the style of a travel agency. At the entrance to the pavilion, visitors will receive a personal traveler’s passport with information about tours, discounts from Kamchatka operators, and gifts from restaurants and shops.

    A separate zone, “The Power of the Ocean”, will be dedicated to demonstrating the natural and economic potential of Kamchatka as a unique oceanic territory. The big screen will systematize and present such areas as marine logistics, the fishing industry, scientific ocean research, tourism, sea cruises and yachting, and Pacific cuisine.

    In the “Volcano Energy” space, visitors will be able to get acquainted with the region’s potential for implementing projects in the fields of tourism, construction, agriculture, education and science. In the “New Kamchatka Facilities in 360” zone, it will be possible to take a full 3D tour of the Kamchatka Regional Hospital, airport and greenhouse complex.

    The “Specially Protected Natural Areas” area will feature the heroes of the documentary “Fire Fox”. Visitors to the stand will also be able to familiarize themselves with information about the “Far East – Land of Adventure” competition and learn about new tourist routes in the region. In addition, the area will display images from street cameras, supplemented with elements of wild nature.

    A souvenir pavilion and a stage will be opened next to the main exposition of the Kamchatka Territory. In addition, the Falcon House will be open, where the Ministry of Natural Resources and Environment of Russia will prepare its own exposition.

    The 10th Eastern Economic Forum will be held on September 3–6 at the campus of the Far Eastern Federal University in Vladivostok. During these days, the exhibition will be available to forum participants, and on September 7, 8, and 9, it will be open to everyone. The EEF is organized by the Roscongress Foundation.

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

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: Alexander Novak held a meeting on the construction of generation in the south of Russia

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – Government of the Russian Federation –

    An important disclaimer is at the bottom of this article.

    Deputy Prime Minister Alexander Novak held a meeting on issues of generating construction in the south of Russia in the context of growing economic needs.

    The event was attended by representatives of the Ministry of Energy, the Ministry of Economic Development, the Ministry of Industry and Trade, the Federal Antimonopoly Service, the authorities of the Republic of Crimea and Krasnodar Krai, PJSC Gazprom, energy companies, and industry associations.

    Representatives of the Ministry of Energy, Gazprom, generating companies, authorities of the Krasnodar Territory and the Republic of Crimea reported to the Deputy Prime Minister on the current status of providing territory and gas infrastructure for the construction of new generating facilities in the south of Russia.

    We are talking about the construction of thermal power plants in the Krasnodar Territory and the Republic of Crimea with a total capacity of 2.25 GW.

    According to the Ministry of Energy, the demand for new generation gas in the south of Russia will be around 4 billion cubic meters per year.

    At the same time, according to the Ministry of Energy and the authorities of the Krasnodar Territory and the Republic of Crimea, six out of seven generating facilities have currently been provided with land plots for the construction of generating facilities.

    A representative of PAO Gazprom reported that in order to ensure the declared volume of gas, it will be necessary to expand the capacity of two gas pipelines.

    Alexander Novak instructed the Ministry of Energy, together with generating companies, Gazprom and regional authorities, to promptly develop a comprehensive plan and schedule for the construction of new generating facilities in the south of Russia, providing for the gasification of these facilities and the provision of land plots for them, with the establishment of deadlines and responsible contractors.

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

    .

    MIL OSI Russia News –

  • MIL-OSI Africa: Drive for energy efficiency sees registration of 7 000 buildings

    Source: Government of South Africa

    The Deputy Minister of Electricity and Energy, Samantha Graham-Maré, has announced that over 7 000 public and private buildings have registered for an Energy Performance Certificate (EPC).

    An EPC is a certificate that indicates how much energy is being used to operate a building, which is indicated through a performance scale of A-G, with A indicating a building is most energy efficient and G being least energy efficient. 

    The requirement of having an EPC will play a key role in greenhouse gas emissions reduction, which is a key requirement to improve energy efficiency and saving costs.

    As part of the Department of Electricity and Energy’s (DEE) and South African Energy Development Institute’s (Sanedi) priority to drive energy efficiency in South Africa, organisations have until 7 December 2025 to register for the certificate.

    “With only five months left before registrations close, large building owners need to prioritise this. We aim to reach 60 000 registrations by the closing date. I am working with the Minister of Public Works and Infrastructure, Dean Mcpherson, and will also be working with Premiers and Mayors to ensure that this issue gets immediate attention. 

    “There is an opportunity for all South Africans to play a vital role in reducing carbon emissions and benefit from the programme,” said the Deputy Minister.

    Since its launch in December 2020 until 21 July 2025, a total of 7 113 buildings have registered, and 3 884 EPCs have been issued. 

    “I urge all building owners, both public and private, to adopt and implement alternative and energy-saving methods. We need to be creative and innovative so that we save on energy. 

    “Some practical ways to do this include installing LED (Light Emitting Diode) bulbs and smart geysers, fitting solar panels, and turning off appliances when they are not in use. I encourage anyone to engage my department about the programme and how they can implement this initiative,” Graham-Maré said.

    The purpose of EPCs:

    • Indicates the energy performance of a building,
    • Serve as regulatory tools/instruments targeting inefficient buildings, encouraging transformation towards energy-efficient buildings,
    • Are indicators for building owners to note and change their consumption patterns to benefit financially and comply with regulations, and
    • In the long term, they promote the reduction of Greenhouse gas emissions through the implementation of energy efficiency interventions using reliable data from existing EPCs. – SAnews.gov.za

    MIL OSI Africa –