Category: KB

  • MIL-OSI Russia: Igor Sechin: An ill-conceived strategy has led to the cost of electricity in Europe being five times higher than in the US

    Translation. Region: Russian Federal

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

    The abolition of subsidies for green energy in the United States shows that this country, unlike the European Union, is returning to a pragmatic policy, believes Rosneft CEO Igor Sechin.

    The head of the Company noted that in the United States, where electricity consumption has once again begun to grow after a decade of stagnation, the new administration is already revising the energy strategy in favor of traditional sources. Thus, President Trump recently signed a number of executive orders aimed at reviving the coal industry. At the same time as easing regulations, the US Department of Energy increased its forecast for American coal production this year by 6%.

    “The abolition of subsidies for “green” energy in the United States shows that this country, unlike the European Union, is returning to a pragmatic policy. An ill-considered strategy of abandoning traditional generation has already led to the fact that the cost of electricity in Europe today is five times higher than in the United States,” said the head of Rosneft at the Energy Panel within the framework of the XXVIII St. Petersburg International Economic Forum.

    Department of Information and Advertising of PJSC NK Rosneft June 21, 2025

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI Russia: US oil production at current prices has reached its peak – Sechin

    Translation. Region: Russian Federal

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

    Oil production in the US at current prices has probably reached its peak, said Rosneft CEO Igor Sechin at the Energy Panel of the XXVIII St. Petersburg International Economic Forum.

    In his keynote address, the Company’s CEO called the energy policy initially announced by the new US administration promising. However, most of these goals have not yet been achieved: tariff wars have led to a drop in oil prices, while taxes for the oil industry remain at the same level and interest rates are not decreasing. Against this background, the number of active drilling rigs has fallen by 9% to 439 units over the past two months and oil production growth has stopped. In less than a year, the US Department of Energy has reduced its forecast for oil production in the US by the end of 2025 by 400 thousand barrels per day.

    “At current prices, oil production in the US has apparently peaked,” Sechin said, noting that Diamondback Energy and ConocoPhillips recently voiced this opinion. And Liberty Energy, an oilfield services company founded by US Energy Secretary Chris Wright, expects drilling activity to slow significantly in the second half of this year, which should lead to a reduction in the US drilling fleet by about another 10%. “It is not surprising that against this backdrop, many shale players have already begun to reduce investments,” the head of Rosneft believes.

    He noted that the sharp decline in oil prices this year has already led to a revision of investment plans. According to the latest IEA estimate, global investment in oil exploration and production will fall by 6% this year for the first time in five years, with the drop in the US being around 10%. “I think this is just the beginning,” the head of Rosneft noted.

    “The new US Treasury Secretary Scott Bessent has repeatedly stated that for Trump’s second presidential term to be successful, oil production in the country must increase by three million barrels per day. This is part of the so-called “3-3-3 Plan,” which also implies reducing the US budget deficit to 3% of GDP and achieving three percent GDP growth,” Igor Sechin recalled.

    The head of the Company also wonders what difference it makes for the American market where these barrels come from? “It is quite possible that these could be barrels produced in OPEC member countries. The Alliance has consistently, since the end of last year, stated the need to increase production in connection with changes in consumption,” Sechin said.

    The CEO also noted that in addition to the interests of states, it is necessary to take into account the interests of shareholders. Low oil prices in the current period do not allow many companies to maintain the previous level of dividend payments and share buybacks, the head of Rosneft said. According to the assessment of Rystad Energy experts, cited by Sechin, if oil majors maintain payments to shareholders, then already this year they will have to almost completely abandon investments or significantly increase their debt.

    “The price decline has already started to affect the major players, with BP and Chevron cutting their share buybacks by nearly 60% and 30%, respectively, and Aramco having to increase its debt to be able to pay dividends,” the CEO said.

    Department of Information and Advertising of PJSC NK Rosneft June 21, 2025

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI Russia: OPEC’s decision to increase production was justified, oil reserves are at a minimum level – Rosneft CEO

    Translation. Region: Russian Federal

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

    Chief Executive Officer of PJSC NK Rosneft Igor Sechin called OPEC’s decision to forcefully increase oil production justified and far-sighted.

    During his keynote speech at the Energy Panel of the XXVIII St. Petersburg International Economic Forum, Sechin noted that the announced increase in production since May of this year is three times higher than the alliance’s initial plan. In addition, the entire increase in OPEC production could be shifted a year ahead of schedule.

    “The decision taken by OPEC leaders to forcefully increase production today looks very far-sighted and, from the market’s point of view, justified, taking into account the interests of consumers in light of the uncertainty regarding the scale of the Iran-Israel conflict,” the head of the Company said.

    At the same time, Sechin noted, “despite the declared growth in production, there can be no talk of any excess of oil on the market in the long term,” since “global oil reserves are currently at their lowest levels in the last five years.”

    “Low oil prices suit US consumers, where the price of gasoline adjusted for inflation has already returned to 2019 levels. It is no coincidence that this is happening against the backdrop of the White House’s intensified Middle East policy and the conclusion of a number of agreements with key countries in the region,” said the head of Rosneft.

    Department of Information and Advertising of PJSC NK Rosneft June 21, 2025

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI New Zealand: Advocates – Palestine Forum Condemns Desecration of Palestinian Flag by Destiny Church Supporters

    Statement from the Palestine Forum of New Zealand

    The Palestine Forum of New Zealand condemns in the strongest terms the disgraceful and provocative act committed by individuals associated with Destiny Church, who tore up a Palestinian flag and stomped on it. This shameful display is not only deeply offensive to the Palestinian people but also to all those who uphold the values of dignity, justice, and the right to national identity.

    Such hateful and divisive actions have no place in Aotearoa New Zealand — a country built on principles of diversity, mutual respect, and the protection of all communities’ rights to peaceful expression. The Palestinian flag represents resilience, heritage, and a legitimate struggle for freedom and justice.

    We call on community leaders, human rights advocates, faith communities, and all fair-minded New Zealanders to reject this behaviour and stand in solidarity with the Palestinian people against acts of hatred, provocation, and intolerance.

    Palestine Forum of New Zealand
    Justice, Dignity, Freedom.

    MIL OSI New Zealand News

  • MIL-OSI Russia: Kazakh schoolchildren immerse themselves in Chinese culture at summer camp in northwest China

    Translation. Region: Russian Federal

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

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

    LANZHOU, June 21 (Xinhua) — Sixteen high school students from Kazakhstan are currently participating in a summer camp at Lanzhou University.

    During the ten days, the students will attend Chinese language classes, participate in local special cultural activities such as cooking beef noodles and making hand-made fans, and take tours along the Yellow River route and Danxia Landform, etc.

    Ermek Talaptanov, a graduate of Lanzhou University, became a counselor for high school students from Kazakhstan.

    Ermek Talaptanov studied Chinese at Lanzhou University for two years and after completing his studies, returned to Kazakhstan to teach Chinese and popularize Chinese culture.

    Li Chunlin, dean of the Institute of International Cultural Exchanges of Lanzhou University, said that the training activities and exchanges began on June 17. He hopes that Kazakh youth will make full use of this opportunity to gain new knowledge, experience culture and make friends, and become a new generation of envoys to promote friendship between the two countries in the future. -0-

    MIL OSI Russia News

  • MIL-OSI Russia: Tesla to Build Grid-Level Energy Storage Station in Shanghai

    Translation. Region: Russian Federal

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

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

    SHANGHAI, June 21 (Xinhua) — U.S. automaker Tesla signed a deal with Chinese partners on Friday to build a grid-scale energy storage station in Shanghai using its Megapack battery packs.

    The total investment in the project will be 4 billion yuan (about $556 million). The agreement marks Tesla’s entry into China’s rapidly growing energy storage market and paves the way for its facility to be connected to the world’s largest power grid.

    According to the agreement signed by Tesla, the Lingang New Area Government of China /Shanghai/ Pilot Free Trade Zone, the People’s Government of Fengxian District of Shanghai and China Kangfu International Leasing Co., Ltd., the gigawatt-hour energy storage station will be built in the Lingang New Area.

    It will be Tesla’s first grid-scale energy storage station built in mainland China.

    Tesla China’s energy business general manager Dong Kun said that once operational, the station will participate in spot electricity trading, helping to smooth out peak loads in local networks and improve the stability of the power system.

    Tesla also plans to expand its partnership with China Kangfu to deliver carbon-free energy solutions globally.

    In February of this year, the new Tesla Megafactory in the new Lingang area (Tesla’s second plant in Shanghai after the Gigafactory) began producing Megapack batteries.

    Tesla predicts 50 percent year-over-year growth in energy storage capacity in 2025. -0-

    MIL OSI Russia News

  • MIL-OSI Russia: Direct passenger rail service between Pyongyang and Khabarovsk has been resumed

    Translation. Region: Russian Federal

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

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

    Khabarovsk, June 21 (Xinhua) — Direct rail service between the capital of the DPRK, Pyongyang, and Khabarovsk, the administrative center of Russia’s Khabarovsk Krai, was resumed recently.

    On Saturday at noon, the first train after a five-year break arrived in Khabarovsk, departing from Pyongyang on the 19th. Travel time is just over two days.

    Direct non-stop service between the two cities will be carried out once a month. From Pyongyang the train departs on the 19th and arrives in Khabarovsk on the 21st, from Khabarovsk on the 21st, arriving in Pyongyang on the 23rd of each month.

    As reported earlier, passenger rail service between Moscow and Pyongyang resumed on June 17. The train that departed from the capital of the DPRK on that day will arrive in Moscow on June 25. Pyongyang-Moscow is the longest direct rail route in the world. The distance between the capitals of the states is more than 10 thousand km, and the travel time is 8 days.

    Russian Railways noted that Russian rail service with the DPRK was suspended in February 2020 due to COVID-19. –0–

    MIL OSI Russia News

  • MIL-OSI Russia: Rosneft CEO Calls Energy Sector One of Driving Forces of New Technological Revolution

    Translation. Region: Russian Federal

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

    The energy sector is one of the main driving forces of the new technological revolution, said Rosneft Chief Executive Officer Igor Sechin at the Energy Panel at the XXVIII St. Petersburg International Economic Forum.

    In his keynote address, he noted that the digital revolution, using artificial intelligence and big data, should become the basis for increasing labor productivity.

    According to the investment bank Goldman Sachs, the large-scale introduction of high technologies will increase labor productivity by 1.5 percentage points for developed countries and by 1 percentage point for developing countries over 10 years. “However, the development of high technologies requires a significant amount of natural resources, as well as large-scale investments in infrastructure and human capital. This, in turn, means a multiple increase in energy consumption,” the head of Rosneft noted.

    “Without a doubt, one of the main driving forces of the new technological revolution is the energy sector,” Sechin said. He recalled that the use of artificial intelligence based on large data centers is a highly energy-intensive process. “According to the International Energy Agency, today the electricity needs of one 100-megawatt data center are comparable to the consumption of 100,000 households. In the future, these needs may increase tens of times,” the head of Rosneft added.

    Such centers, according to Sechin, will make a greater contribution to the growth of global demand for electricity than heavy industry or heat supply. “According to forecasts, by 2030 their electricity consumption will more than double and reach one thousand terawatt-hours, which is comparable to Japan’s current consumption,” the head of Rosneft said.

    As an example of the impact of digitalization on the global energy system, Igor Sechin also cited the development of the cryptocurrency market. According to him, in less than ten years, they have become an independent industry that today consumes resources on par with entire countries. Thus, the energy consumption of the entire Bitcoin network as of May 2025 has already exceeded the level of electricity consumption in Poland.

    Department of Information and Advertising of PJSC NK Rosneft June 21, 2025

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI Russia: Digital revolution opens a new era in the development of the oil and gas industry – Sechin

    Translation. Region: Russian Federal

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

    The digital revolution is opening a new era in the development of the oil and gas industry, said Rosneft Chief Executive Officer Igor Sechin at the Energy Panel at the XXVIII St. Petersburg International Economic Forum.

    “The digital revolution is opening a new era in the development of the oil and gas industry, including impacting exploration, production, oil refining, data storage and cybersecurity of the industry,” Sechin said during his keynote speech.

    He cited expert estimates as an example, according to which the market for artificial intelligence technologies in the oil and gas industry will grow by 83% by 2030. Currently, 49% of this market is in the refining segment. It is expected that the implementation of artificial intelligence in the exploration and production segment will grow by 14% per year in the next five years, the head of Rosneft noted.

    Department of Information and Advertising of PJSC NK Rosneft June 21, 2025

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI Russia: Sechin points out the scientific groundlessness of climate alarmism

    Translation. Region: Russian Federal

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

    From a scientific point of view, large-scale implementation of renewable energy sources will not have the expected effect on the climate. The refusal of the main initiators of the climate agenda to implement it and the termination of preferential financing of “green” projects is confirmed by the objective findings of a number of scientists. This was stated by the Chief Executive Officer of PJSC “NK” Rosneft “Igor Sechin during the Energy Panel of the XXVIII St. Petersburg International Economic Forum.

    Sechin noted that the entire concept of “net zero” is based on the assumption of climate destruction due to the growth of carbon dioxide concentrations. However, recent studies by Western experts have confirmed earlier findings by Nobel laureate John Clauser on the dominant influence of clouds on climate processes. “Even a slight decrease in cloudiness at an altitude of less than 2,000 meters can increase the heating of the Earth’s surface by solar rays by several percent. This effect is several times greater than the impact that doubling the concentration of carbon dioxide in the atmosphere could have on the climate,” said the head of Rosneft.

    According to the conclusions of American physicists Richard Lindzen and William Happer, achieving “net zero” in the United States by 2050 will allow avoiding a temperature increase of only two hundredths of a degree Fahrenheit, and worldwide – only thirteen hundredths of a degree. The effect looks clearly incommensurate with the volume of required costs, Igor Sechin emphasized.

    He also noted the ambiguity of the thesis about the reduction of ice cover, which is often used by supporters of the “green” transition theory. Recent studies by Chinese scientists have shown that from 2021 to 2023, there was a significant increase in ice mass in Antarctica, 108 gigatons annually.

    The head of Rosneft believes that the development of renewable energy sources should be based on time-tested traditional energy sources, so as not to undermine global energy security. Historically, the energy transition has always been the result of growing inter-fuel competition based on the principle of greatest efficiency. Therefore, today coal remains the largest source of electricity in the world and the second largest source of energy with a share of 25% in the global energy balance.

    “The global demand for this type of fuel last year set a new record of 8.8 billion tons, and international agencies were once again forced to revise their expectations for peak demand for it,” Sechin summed up. Despite the growing concern of the world community about global warming, since the signing of the Kyoto Protocol in 1997, coal consumption in the world has grown by 75%, and after the conclusion of the Paris Agreement in 2015 – by almost 15%.

    Department of Information and Advertising of PJSC NK Rosneft June 21, 2025

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI Russia: China is moving towards complete energy independence and will soon become a major energy exporter – head of Rosneft

    Translation. Region: Russian Federal

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

    China is moving towards complete energy independence and in the foreseeable future will transform from an importer into a major energy exporter, said Rosneft CEO Igor Sechin in his report at the Energy Panel at the XXVIII St. Petersburg International Economic Forum.

    He noted that China is a unique example of a competent approach to the development of the energy system – the country today accounts for a third of global investment in the energy sector.

    “In my opinion, China, having already ensured its energy security, is confidently moving towards complete energy independence, forming a stable energy balance based on its own resources. There is no doubt, taking into account the persistence and professionalism of our Chinese friends, that in the foreseeable future they will achieve the desired result, which will turn China from an importer of energy resources into a major exporter of energy,” the head of Rosneft noted.

    According to Igor Sechin, in recent years, it is China that has been introducing the largest volume of new renewable energy capacity and is home to more than 70% of the world’s capacity for producing equipment for the “green” economy. This concerns the entire value chain: from critical minerals to the production of high-tech equipment that has no analogues in Western countries.

    The head of Rosneft also noted China’s efforts to increase investment in related infrastructure: investment in power grids increased by 15% last year, and could double this year. “Investments in storage batteries have grown almost fivefold and reached $11 billion. Today, the total capacity of such batteries in China exceeds 35 GW, which is two-thirds of all global capacity,” said Igor Sechin.

    At the same time, China has never given up on fossil fuels. In terms of the volume of new coal-fired power generation capacity introduced over the past five years, the country has outpaced the rest of the world. “Today, the share of coal in electricity production in China is almost 60%. Last year alone, China issued permits for the construction of about 100 gigawatts of new coal-fired power generation, the highest figure in the past ten years, which should strengthen the role of coal in the energy system,” the head of Rosneft emphasized.

    China’s efforts to strengthen its own energy security are causing a storm of criticism, often disguised as concern for the environment. “As the outstanding Chinese strategist and thinker Sun Tzu aptly noted two and a half thousand years ago: ‘The more brilliant your plan, the fewer people will agree with it,’” the head of Rosneft added.

    Sechin said China’s coordinated approach to energy security is particularly evident in the example of electric vehicles. The growth of their sales led to a significant slowdown in demand for motor fuel last year, and “the continuation of this trend could have a significant reverse effect on the balance of the oil market.”

    An important part of China’s strategy to reduce dependence on energy imports is the processing of coal into synthetic fuel and chemical products. “Chinese companies are investing billions of dollars in the development of this industry. According to experts, today 40 million tons of coal in China are used to produce synthetic fuel and more than 260 million tons are used to produce methanol and ammonia,” Igor Sechin concluded.

    Department of Information and Advertising of PJSC NK Rosneft June 21, 2025

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI Russia: Rosneft has completed development and plans to implement GTL technology in the Taimyr project – Sechin

    Translation. Region: Russian Federal

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

    Speaking at the Energy Panel at the XXVIII St. Petersburg International Economic Forum, Rosneft CEO Igor Sechin said that the Company had completed the development of its own technologies and catalysts for the entire GTL* process chain.

    “I would like to inform you that Rosneft has also completed the development of its own technologies and catalysts for the entire GTL process chain. All stages of the technological process are covered by the corresponding patents. It is planned to implement this technology in Taimyr,” said Igor Sechin.

    The Head of the Company demonstrated a flask with the obtained fuel to the participants of the energy panel, noting that it is synthetic oil consisting of the purest hydrocarbon molecules, with zero sulfur content. “We are ready to provide samples to anyone who is interested,” he added, addressing the participants and listeners of the Energy Panel.

    Speaking about the importance of such fuel, Igor Sechin cited the example of China, where an important part of the strategy to reduce dependence on energy imports is the processing of coal into synthetic fuel and chemical products. “Chinese companies are investing billions of dollars in the development of this industry. According to experts, today in China 40 million tons of coal are used to produce synthetic fuel and more than 260 million tons – to produce methanol and ammonia,” Igor Sechin emphasized.

    *GTL or Gas-to-Liquid is a technology for converting natural gas into high-quality liquid hydrocarbons such as diesel fuel, gasoline, etc.

    Department of Information and Advertising of PJSC NK Rosneft June 21, 2025

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI China: Chinese vice premier says China-Russia ties rock-solid, unbreakable

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

    ST. PETERSBURG, June 20 — Chinese Vice Premier Ding Xuexiang said here on Friday that China-Russia relations are now at their best in history, being stable, rock-solid and unbreakable.

    Ding, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, made the remarks when answering questions after delivering a speech at the plenary session of the 28th St. Petersburg International Economic Forum.

    Noting that China is happy to see Russia and the United States resume contacts and exchanges, Ding said engagements between major countries are a boon to the entire world as they can help stabilize the international situation and revitalize the global economy.

    The China-Russia relations, under the strategic guidance of Chinese President Xi Jinping and Russian President Vladimir Putin, have reached a historic height, being stable, rock-solid and unbreakable, he said, adding that the China-Russia friendship can hardly be disturbed by a third party, nor is targeted against a third party.

    Meanwhile, Ding said major countries should act like major countries and take the lead in safeguarding the international system with the United Nations at its core, defending international fairness and justice, and providing more certainty to the world.

    China, as a responsible major country, is willing to work with all parties to boost global prosperity and stability, said the Chinese vice premier.

    While attributing the educational and technological achievements so far made worldwide to exchanges and cooperation, Ding pointed out that certain countries politicizing educational and technological cooperation and setting up obstacles would harm global sustainable development.

    Realities have shown that innovation and advancement can happen where there is blockade or containment, Ding said, adding that China is willing to work with Russia to consistently expand the scale and scope of their cooperation and improve the cooperation mechanisms, so as to jointly lift bilateral educational and technological collaboration to a new level.

    Prior to the economic forum meeting, Ding briefly met with Russian oil company Rosneft’s chief executive Igor Sechin and exchanged views on enhancing China-Russia cooperation in the oil sector.

    MIL OSI China News

  • MIL-OSI New Zealand: Assault at Pakuranga Night Market

    Source: New Zealand Police

    Attribute to Inspector Danny Meade:

    Police are responding to an assault at the Pakuranga Night Market.

    At around 6:45pm, emergency services were called to Aylesbury Street, where two people were located critically injured.

    Cordons are in place around Aylesbury Street and Reeves Road, members of the public are advised to avoid the area.

    Police are currently following lines of enquiry to locate the alleged offender.

    Initial enquiries suggest this is an isolated incident and there is not believed to be any further risk to the public.

    There will be a visible Police presence in the area throughout this evening as enquiries continue.

    ENDS

    Issued by Police Media Centre

    MIL OSI New Zealand News

  • MIL-OSI: Nomad Internet Launches First-Ever Nationwide Free Internet Service for RV Parks

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, June 21, 2025 (GLOBE NEWSWIRE) — Nomad Internet, America’s leading provider of high-speed internet for rural communities and travelers, has announced the official launch of Nomad RV Free Internet, the first-of-its-kind, completely free Wi-Fi service built specifically for RV parks and their guests across the United States.

    With the goal to eliminate the digital divide for travelers, Nomad RV Internet is free to deploy, free to maintain, and free to use for both RV park owners and their guests.

    In a recent LinkedIn post, Jaden Garza (CINO Nomad Internet) said, “The parks have been waiting for this solution for months. They want to provide seamless internet for their guests without the complexity of individual account setups.”

    With this unique initiative, Nomad Internet is transforming how connectivity is delivered to the RV lifestyle, empowering travelers with internet access they can count on, wherever the road takes them.

    A Nationwide Rollout: 4,000 RV Parks by Summer’s End
    Nomad Internet is already in the process of launching this unique service in over 4,000 RV parks nationwide, aiming to cover roughly one-third of all RV parks in the United States by the end of the summer.

    Jaden said in another LinkedIn post “Nomad Internet is uniquely positioned to deliver Wi-Fi coverage to nearly 4,000 RV Parks—representing approximately one-third of all RV parks in the United States.”

    The company plans to expand even further by year’s end, with the long-term vision of making Nomad RV Internet a standard amenity in every park.

    “Internet is no longer a luxury — it’s a necessity,” said Jaden Garza. “We’re proud to offer a service that finally bridges the gap for millions of Americans who live, travel, or vacation in RVs. Our goal is simple: to deliver free, fast, and reliable Wi-Fi in every RV park across the country.”

    How It Works: The Nomad RV Wi-Fi Station
    At the core of this service is the new “Nomad RV Wi-Fi Station,” a self-contained, battery-capable wireless internet unit that requires no existing infrastructure, wiring, or technical setup.

    Designed to be deployed by just plugging in the Wi-Fi Station, Nomad RV Wi-Fi Station:

    • Connects to Nomad’s private nationwide wireless network.
    • Delivers high-speed internet access across the entire RV park.
    • Offers consistent, secure, and maintenance-free service.
    • Requires no tech support or investment from park owners.

    These stations are fully managed and monitored by Nomad’s technical operations team, allowing park staff to focus on hospitality — not troubleshooting routers or fielding guest complaints about connectivity.

    Why Free? Fixing a Broken System
    For decades, RV parks have been expected to provide internet service as an amenity — yet the cost and complexity of doing so have created widespread frustration. Outdated infrastructure, poor service, and maintenance headaches have made the internet one of the most complained-about aspects of the RV park experience.

    Nomad RV Internet flips this model on its head
    Instead of forcing RV park owners to act as IT managers or invest in costly upgrades every few years, Nomad is offering a fully supported, always up-to-date network—at no cost whatsoever. Parks can easily sign up, plug in the Nomad Wi-Fi Station, and start providing premium-quality internet to every guest without any additional effort.

    Too many parks have had to choose between expensive tech or no internet at all,” Jaden added. “We’re removing that barrier once and for all.”

    Trusted by Thousands of Travelers
    Nomad Internet is already the largest internet provider for RVers and rural customers in the country. Known for its customer-first approach, blazing-fast service, and nationwide coverage, Nomad is trusted by digital nomads, remote workers, families, and retirees who rely on stable internet access wherever they go.

    Nomad RV Internet takes that commitment to the next level, transforming entire communities of travelers with the power of connection.

    Look for the Nomad RV Internet Badge
    When an RV park is powered by Nomad, guests will see the “Nomad RV Internet” badge—a symbol that means free, fast, and unlimited Wi-Fi is available throughout the park. There are no logins to manage, no complicated network names, and no time limits—just open, reliable internet from America’s most trusted rural ISP.

    Whether travelers are streaming movies under the stars, working remotely, planning their next road trip, or video-calling loved ones, Nomad RV Internet ensures they stay connected—no matter how far they roam.

    For Park Owners: Join the Movement
    RV park owners across the country are invited to join the Nomad RV Internet program today. There is no cost, no risk, and no hardware investment. Nomad handles everything, from shipping to setup, support to upgrades, and guests could enjoy best-in-class internet from day one.

    Installation works by plugging in the station in to power, and in minutes the park immediately become part of a growing national network backed by the most powerful rural wireless spectrum in the U.S.

    RV park owners can get started by visiting: https://nomadinternet.com/pages/rv-wholesale

    About Nomad Internet
    Nomad Internet is America’s largest wireless internet provider for rural and traveling customers. With a mission to close the digital divide, Nomad delivers ultra-fast, reliable internet anywhere in the country, from off-grid cabins to cross-country RVs. Every Nomad product is designed to be portable, powerful, and user-friendly, putting the internet in the hands of those who need it most.

    To learn more about Nomad Internet, visit: https://nomadinternet.com/

    Media Contact:
    Company Name: Nomad Internet
    Contact Person: Manish Roshan
    Email: manish.roshan@nomadinternet.email
    Website: https://nomadinternet.com
    Phone: +1 281 800 1000

    Disclaimer: This content is provided by the Nomad Internet. The statements, views, and opinions expressed in this column are solely those of the content provider. The information shared in this press release is not a solicitation for investment, nor is it intended as investment, financial, or trading advice. It is strongly recommended that you conduct thorough research and consult with a professional financial advisor before making any investment or trading decisions. Please conduct your own research and invest at your own risk.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/001ec053-a904-49ce-923d-c663517d742c

    The MIL Network

  • MIL-OSI: Nomad Internet Launches First-Ever Nationwide Free Internet Service for RV Parks

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, June 21, 2025 (GLOBE NEWSWIRE) — Nomad Internet, America’s leading provider of high-speed internet for rural communities and travelers, has announced the official launch of Nomad RV Free Internet, the first-of-its-kind, completely free Wi-Fi service built specifically for RV parks and their guests across the United States.

    With the goal to eliminate the digital divide for travelers, Nomad RV Internet is free to deploy, free to maintain, and free to use for both RV park owners and their guests.

    In a recent LinkedIn post, Jaden Garza (CINO Nomad Internet) said, “The parks have been waiting for this solution for months. They want to provide seamless internet for their guests without the complexity of individual account setups.”

    With this unique initiative, Nomad Internet is transforming how connectivity is delivered to the RV lifestyle, empowering travelers with internet access they can count on, wherever the road takes them.

    A Nationwide Rollout: 4,000 RV Parks by Summer’s End
    Nomad Internet is already in the process of launching this unique service in over 4,000 RV parks nationwide, aiming to cover roughly one-third of all RV parks in the United States by the end of the summer.

    Jaden said in another LinkedIn post “Nomad Internet is uniquely positioned to deliver Wi-Fi coverage to nearly 4,000 RV Parks—representing approximately one-third of all RV parks in the United States.”

    The company plans to expand even further by year’s end, with the long-term vision of making Nomad RV Internet a standard amenity in every park.

    “Internet is no longer a luxury — it’s a necessity,” said Jaden Garza. “We’re proud to offer a service that finally bridges the gap for millions of Americans who live, travel, or vacation in RVs. Our goal is simple: to deliver free, fast, and reliable Wi-Fi in every RV park across the country.”

    How It Works: The Nomad RV Wi-Fi Station
    At the core of this service is the new “Nomad RV Wi-Fi Station,” a self-contained, battery-capable wireless internet unit that requires no existing infrastructure, wiring, or technical setup.

    Designed to be deployed by just plugging in the Wi-Fi Station, Nomad RV Wi-Fi Station:

    • Connects to Nomad’s private nationwide wireless network.
    • Delivers high-speed internet access across the entire RV park.
    • Offers consistent, secure, and maintenance-free service.
    • Requires no tech support or investment from park owners.

    These stations are fully managed and monitored by Nomad’s technical operations team, allowing park staff to focus on hospitality — not troubleshooting routers or fielding guest complaints about connectivity.

    Why Free? Fixing a Broken System
    For decades, RV parks have been expected to provide internet service as an amenity — yet the cost and complexity of doing so have created widespread frustration. Outdated infrastructure, poor service, and maintenance headaches have made the internet one of the most complained-about aspects of the RV park experience.

    Nomad RV Internet flips this model on its head
    Instead of forcing RV park owners to act as IT managers or invest in costly upgrades every few years, Nomad is offering a fully supported, always up-to-date network—at no cost whatsoever. Parks can easily sign up, plug in the Nomad Wi-Fi Station, and start providing premium-quality internet to every guest without any additional effort.

    Too many parks have had to choose between expensive tech or no internet at all,” Jaden added. “We’re removing that barrier once and for all.”

    Trusted by Thousands of Travelers
    Nomad Internet is already the largest internet provider for RVers and rural customers in the country. Known for its customer-first approach, blazing-fast service, and nationwide coverage, Nomad is trusted by digital nomads, remote workers, families, and retirees who rely on stable internet access wherever they go.

    Nomad RV Internet takes that commitment to the next level, transforming entire communities of travelers with the power of connection.

    Look for the Nomad RV Internet Badge
    When an RV park is powered by Nomad, guests will see the “Nomad RV Internet” badge—a symbol that means free, fast, and unlimited Wi-Fi is available throughout the park. There are no logins to manage, no complicated network names, and no time limits—just open, reliable internet from America’s most trusted rural ISP.

    Whether travelers are streaming movies under the stars, working remotely, planning their next road trip, or video-calling loved ones, Nomad RV Internet ensures they stay connected—no matter how far they roam.

    For Park Owners: Join the Movement
    RV park owners across the country are invited to join the Nomad RV Internet program today. There is no cost, no risk, and no hardware investment. Nomad handles everything, from shipping to setup, support to upgrades, and guests could enjoy best-in-class internet from day one.

    Installation works by plugging in the station in to power, and in minutes the park immediately become part of a growing national network backed by the most powerful rural wireless spectrum in the U.S.

    RV park owners can get started by visiting: https://nomadinternet.com/pages/rv-wholesale

    About Nomad Internet
    Nomad Internet is America’s largest wireless internet provider for rural and traveling customers. With a mission to close the digital divide, Nomad delivers ultra-fast, reliable internet anywhere in the country, from off-grid cabins to cross-country RVs. Every Nomad product is designed to be portable, powerful, and user-friendly, putting the internet in the hands of those who need it most.

    To learn more about Nomad Internet, visit: https://nomadinternet.com/

    Media Contact:
    Company Name: Nomad Internet
    Contact Person: Manish Roshan
    Email: manish.roshan@nomadinternet.email
    Website: https://nomadinternet.com
    Phone: +1 281 800 1000

    Disclaimer: This content is provided by the Nomad Internet. The statements, views, and opinions expressed in this column are solely those of the content provider. The information shared in this press release is not a solicitation for investment, nor is it intended as investment, financial, or trading advice. It is strongly recommended that you conduct thorough research and consult with a professional financial advisor before making any investment or trading decisions. Please conduct your own research and invest at your own risk.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/001ec053-a904-49ce-923d-c663517d742c

    The MIL Network

  • MIL-OSI Economics: Secretary-General of ASEAN to Conduct an Official Visit to the Kingdom of Morocco

    Source: ASEAN

    At the invitation of the Government of the Kingdom of Morocco, Secretary-General of ASEAN, Dr. Kao Kim Hourn, will lead the ASEAN Secretariat delegation for an Official Visit to Morocco, on 24-26 June 2025, covering Rabat and Casablanca. Throughout the visit, SG Dr. Kao is scheduled to meet with key high-ranking officials and stakeholders, including Ministers of the Moroccan Government, business community and private sector, academia, and students. During his visit to Rabat, SG Dr. Kao will take the opportunity to give a lecture at the Moroccan Institute of Training, Research and Diplomatic Studies (IMFRED). In addition, SG Dr. Kao will engage with the ASEAN Committee in Rabat to keep the Committee abreast of the latest developments in ASEAN. The Official Visit aims to further advance the ASEAN-Morocco Sectoral Dialogue Partnership.
    The post Secretary-General of ASEAN to Conduct an Official Visit to the Kingdom of Morocco appeared first on ASEAN Main Portal.

    MIL OSI Economics

  • MIL-OSI Economics: Secretary-General of ASEAN to Conduct an Official Visit to the Kingdom of Morocco

    Source: ASEAN

    At the invitation of the Government of the Kingdom of Morocco, Secretary-General of ASEAN, Dr. Kao Kim Hourn, will lead the ASEAN Secretariat delegation for an Official Visit to Morocco, on 24-26 June 2025, covering Rabat and Casablanca. Throughout the visit, SG Dr. Kao is scheduled to meet with key high-ranking officials and stakeholders, including Ministers of the Moroccan Government, business community and private sector, academia, and students. During his visit to Rabat, SG Dr. Kao will take the opportunity to give a lecture at the Moroccan Institute of Training, Research and Diplomatic Studies (IMFRED). In addition, SG Dr. Kao will engage with the ASEAN Committee in Rabat to keep the Committee abreast of the latest developments in ASEAN. The Official Visit aims to further advance the ASEAN-Morocco Sectoral Dialogue Partnership.
    The post Secretary-General of ASEAN to Conduct an Official Visit to the Kingdom of Morocco appeared first on ASEAN Main Portal.

    MIL OSI Economics

  • Purana Qila hosts grand celebration of 11th International Day of Yoga

    Source: Government of India

    Source: Government of India (4)

    The historic Purana Qila in the national capital witnessed a grand celebration of the 11th International Day of Yoga on Saturday, in a joint initiative by the Ministry of Culture and the Archaeological Survey of India (ASI).

    The event was attended by Member of Parliament Bansuri Swaraj, ASI Director-General Yadubir Singh Rawat, and other senior officials of the ASI. Yoga enthusiasts and members of the public gathered at the iconic monument to participate in the event, which underscored the deep cultural and historical roots of yoga in India.

    Participants also witnessed a live telecast of the main national event held in Visakhapatnam, Andhra Pradesh, where Prime Minister Narendra Modi led a record-breaking yoga session and addressed the nation. In his speech, the Prime Minister emphasized yoga’s universal appeal, its transformative power, and its relevance to global well-being.

    The 11th International Day of Yoga is being observed worldwide under the theme ‘Yoga for One Earth, One Health’, reflecting yoga’s holistic approach to physical, mental, and planetary health.

    As part of the nationwide celebrations, the Archaeological Survey of India organized yoga sessions at 81 centrally protected monuments across the country. The initiative aimed to reinforce the connection between India’s cultural heritage and the ancient practice of yoga.

    The International Day of Yoga was first proposed by Prime Minister Modi during his address at the United Nations General Assembly in 2014. The proposal received overwhelming support, and in December of that year, the UN declared June 21 as the International Day of Yoga, recognizing it as an invaluable gift of India’s ancient tradition to the world.

    Saturday’s event at Purana Qila was one of many across the country celebrating yoga as a tool for unity, well-being, and cultural pride.

  • Purana Qila hosts grand celebration of 11th International Day of Yoga

    Source: Government of India

    Source: Government of India (4)

    The historic Purana Qila in the national capital witnessed a grand celebration of the 11th International Day of Yoga on Saturday, in a joint initiative by the Ministry of Culture and the Archaeological Survey of India (ASI).

    The event was attended by Member of Parliament Bansuri Swaraj, ASI Director-General Yadubir Singh Rawat, and other senior officials of the ASI. Yoga enthusiasts and members of the public gathered at the iconic monument to participate in the event, which underscored the deep cultural and historical roots of yoga in India.

    Participants also witnessed a live telecast of the main national event held in Visakhapatnam, Andhra Pradesh, where Prime Minister Narendra Modi led a record-breaking yoga session and addressed the nation. In his speech, the Prime Minister emphasized yoga’s universal appeal, its transformative power, and its relevance to global well-being.

    The 11th International Day of Yoga is being observed worldwide under the theme ‘Yoga for One Earth, One Health’, reflecting yoga’s holistic approach to physical, mental, and planetary health.

    As part of the nationwide celebrations, the Archaeological Survey of India organized yoga sessions at 81 centrally protected monuments across the country. The initiative aimed to reinforce the connection between India’s cultural heritage and the ancient practice of yoga.

    The International Day of Yoga was first proposed by Prime Minister Modi during his address at the United Nations General Assembly in 2014. The proposal received overwhelming support, and in December of that year, the UN declared June 21 as the International Day of Yoga, recognizing it as an invaluable gift of India’s ancient tradition to the world.

    Saturday’s event at Purana Qila was one of many across the country celebrating yoga as a tool for unity, well-being, and cultural pride.

  • MIL-OSI Russia: Global energy consumption to grow by a quarter by 2050 due to developing countries – Rosneft CEO

    Translation. Region: Russian Federal

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

    Global energy consumption will grow by a quarter in the next 25 years, and developing countries will be the key driver of demand growth, said Rosneft CEO Igor Sechin at the Energy Panel at the XXVIII St. Petersburg International Economic Forum.

    “By 2050, if the energy consumption of the populations of Africa, India and Southeast Asia is at the level of China’s population today, the combined additional consumption will be about 50 million barrels of oil equivalent per day. This is equal to a quarter of the world’s energy demand today,” the head of the Company said during his keynote speech.

    He noted that developing countries are becoming one of the key drivers of energy consumption growth. One of the main reasons for this is demography. In the next 25 years, the population of African and Asian-Pacific countries will grow by a total of 1.4 billion people, which will provide almost all of the world’s population growth.

    In addition to positive demographic dynamics, the head of Rosneft named urbanization in Asian and African countries as one of the reasons for the growth in demand for energy. According to the IEA, to which the Chief Executive Director of Rosneft referred, in the next 25 years the number of city dwellers in these countries will increase by more than 1.6 billion people.

    Igor Sechin named the growth of electricity consumption as the key challenge. Thus, in his opinion, already in 2025, investments in this sector will exceed investments in fossil fuels by 50%. “Indeed, over the past 15 years, electricity consumption has grown at an accelerated rate, and in the next 25 years, according to IEA calculations, electricity generation should double,” he added.

    Moreover, the greatest contribution to this growth will also come from the countries of the Asia-Pacific region, which will account for 60% of the increase in consumption.

    “This process is especially clearly visible in the example of India, where the peak load on the energy system has grown by almost 70% over the past ten years,” Sechin concluded.

    Department of Information and Advertising of PJSC NK Rosneft June 21, 2025

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI Russia: Sechin called the new face of energy a synthesis of traditional and alternative sources

    Translation. Region: Russian Federal

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

    The synthesis of traditional and alternative energy sources is currently the optimal solution for the development of the global energy sector, said Rosneft Chief Executive Officer Igor Sechin at the Energy Panel at the XXVIII St. Petersburg International Economic Forum.

    According to the head of the Company, the search for new energy sources never stops, and today active work is underway to develop a number of promising technologies. However, their full implementation is still far away, since modern technological solutions in this area are too expensive and inferior to traditional energy sources in a number of parameters.

    “For many years now, great hopes have been placed on the use of hydrogen. However, low-carbon hydrogen still accounts for less than 1% of all produced volumes. According to the consulting company Deloitte, the introduction of “green” hydrogen fuel will cost almost 10 trillion dollars by 2050,” noted Igor Sechin, adding that the cost of green hydrogen varies from 200 to 400 dollars per barrel of oil equivalent, which, in the current conditions, makes it uncompetitive compared to oil and gas.

    He also stressed that using cheaper methods of hydrogen production does not reduce the carbon footprint, since the production of so-called “grey” hydrogen exceeds the emissions that occur during the full cycle of production and use of gasoline.

    The introduction of space solar energy is also associated with large expenses, Igor Sechin emphasized. The head of the Company noted that the cost of a satellite capable of converting solar energy into electricity in space exceeds 30 billion euros, while there is still no technology that would allow transmitting huge amounts of energy to Earth from space.

    The head of Rosneft also drew attention to the search for alternative options in the field of energy storage. “Alternative types of batteries are appearing, which already offer certain advantages, but are not yet ready for widespread implementation. For example, a sodium-ion battery reduces charging time by 75% and has higher performance at low temperatures, but is several times inferior to existing lithium-ion analogues in energy capacity and service life,” said Igor Sechin.

    “As we can see, we are still very far from the full implementation of all these technologies. Therefore, today the optimal solution is a synthesis of traditional and alternative sources,” the head of Rosneft concluded.

    Department of Information and Advertising of PJSC NK Rosneft June 21, 2025

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI Russia: Igor Sechin spoke about the renaissance of nuclear energy

    Translation. Region: Russian Federal

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

    The importance of nuclear energy, which is a natural complement to fossil fuels, is growing, said Rosneft Chief Executive Officer Igor Sechin at the Energy Panel at the XXVIII St. Petersburg International Economic Forum.

    “Against the backdrop of growing consumption, all types of generation, including nuclear, are experiencing a rebirth. This is well illustrated by the price of uranium fuel, which has grown more than threefold over the past seven years,” noted Igor Sechin.

    He recalled that the idea of thermonuclear fusion was formulated back in the 1930s, and many famous scientists, including Nobel laureates Hans Bethe, Pyotr Kapitsa, Igor Tamm and later Andrei Sakharov, sought to reproduce this process and control it. In theory, thermonuclear fusion is capable of generating almost four million times more energy than burning oil or coal, said Igor Sechin. However, to maintain a thermonuclear reaction and obtain sustainable energy, it is still necessary to improve the methods of plasma containment, ensuring its stability, and increasing efficiency.

    The head of Rosneft noted that just a few years ago, nuclear energy was in a deep crisis due to a decline in activity in the industry, and such large companies as Westinghouse and Areva had to go through restructuring and change of ownership. However, the situation began to change. “Over the past 5 years, annual global investments in nuclear energy have increased by 50% and reached $70 billion last year. China is becoming one of the leaders in nuclear energy today. Over the past ten years, the installed capacity of nuclear generation in this country has increased fivefold and approached 60 GW. In the coming years, China plans to complete the construction of another 32 reactors,” he noted.

    At the same time, Sechin called an important point the fact that China, in developing its nuclear industry, relies on the latest technological achievements of the leading nuclear powers – Russia, the USA and France, Sechin said.

    He noted that Russia has many years of experience in building nuclear power plants. The cost of the most modern Russian reactor VVER-1200 is significantly lower than the American “AP-1000”. Today, such reactors are already operating in Russia and are planned for commissioning in friendly countries.

    At the same time, Sechin noted, the availability of a resource base is of particular importance. Today, only seven countries, including the Russian Federation, control more than 90% of the world’s uranium fuel production and about 70% of the world’s uranium reserves.

    “Today, Russia is the only country in the world that has expertise in the entire technological chain of the nuclear fuel cycle, from uranium mining to nuclear fuel disposal. In total, 80 nuclear reactors have been built in the world using Russian technologies,” he said.

    Russia also has the world’s only floating low-power nuclear power plant. Four more nuclear power plants are currently under construction.

    In our country, a sodium-cooled nuclear reactor belonging to the category of fast neutron reactors, BN-800, has been successfully operated for ten years already; another fast neutron reactor of the latest generation, BN-1200, is under construction.

    “Reactors of this type incorporate the most advanced technical solutions, including the enlargement of fuel elements, the use of uranium-plutonium mixed fuel, as well as new structural steels with increased radiation protection, which ensure deeper fuel burnup and higher efficiency. In particular, the efficiency of electricity generation increases by 20-25%, even without taking into account the significantly higher efficiency of fuel use,” said the head of Rosneft.

    According to the IEA forecast, by 2050 the installed capacity of nuclear generation in the world will grow by almost 60% and reach 650 GW. “I think this estimate is underestimated. Just a few weeks ago, the US President set a goal to increase the capacity of nuclear generation in this country fourfold to 400 GW,” Sechin noted.

    The head of Rosneft expects further growth in investments in the nuclear sector: new technologies, such as small modular reactors, are attracting increased attention from investors today. Although such reactors are more mobile, their implementation also requires investments in the development of power grids. In addition, special attention should be paid to issues of their safety and security from terrorist threats.

    “Recently, Rolls-Royce announced that it had won a tender to build such reactors in the UK. Experts note that these reactors have a number of features. One of them is described in Ecclesiastes: “What is crooked cannot be made straight, and what is not can not be counted.” None of these reactors have yet been put into operation,” Sechin explained.

    The proposed smaller reactors will require no less effort and expense, including fuel disposal and safety, than existing larger reactors.

    “And finally, nuclear energy is, in any case, a dual-use technology. The issue of non-proliferation of nuclear weapons should be given the closest attention, because it is believed that it is precisely because of them that the Middle East conflict is currently escalating. It is necessary to understand whether we want further expansion of the nuclear club,” Igor Sechin concluded.

    Department of Information and Advertising of PJSC NK Rosneft June 21, 2025

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI Russia: Sechin compares “green” energy transition with utopian ideas

    Translation. Region: Russian Federal

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

    Rosneft CEO Igor Sechin compared the “green” energy transition to utopian ideas. According to him, over the past ten years, total expenditure on the energy transition has reached 10 trillion dollars, while over the same period the share of solar and wind energy in the global energy balance has increased by only 4 percentage points – to 6%.

    “According to the IEA, this year alone the world will invest more than two trillion dollars in the development of so-called “clean” energy. This is twice as much as in fossil fuels, which still account for almost 80% of global energy consumption,” said the head of Rosneft.

    Igor Sechin also emphasized that even doubling investments will not give the desired result. According to experts, achieving zero emissions by 2050 requires more than 180 trillion dollars in investments, that is, on average, more than seven trillion dollars a year will have to be spent. “But Talleyrand also said: “Everything that is excessive is insignificant,” the head of the Company noted.

    Another important point is that the transition to a new type of fuel will require a significant amount of time. “In addition, regulators in different countries need to develop unified technical standards for new energy sources, ensuring their universalization and rapid adaptation to any market. This is not an easy task,” Igor Sechin concluded.

    Department of Information and Advertising of PJSC NK Rosneft June 21, 2025

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI Russia: The concept of “net zero” actually offers humanity an energy regression – Igor Sechin

    Translation. Region: Russian Federal

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

    Supporters of the “net zero” concept are leading humanity to energy regression, noted Rosneft CEO Igor Sechin in his report “The Odyssey of the World Economy in Search of the Golden Fleece. The New Face of World Energy.”

    During his speech at the Energy Panel of the XXVIII St. Petersburg International Economic Forum, the head of the Company noted: every time humanity switched to a new type of fuel, the efficiency of the energy system increased and its capabilities expanded. “This was due to the fact that the new energy source, as a rule, had a higher energy flow density,” Sechin added.

    He recalled that the outstanding scientist Pyotr Kapitsa proved that the energy flow density is a key characteristic of any type of energy. “According to this indicator, such types of fossil fuel as coal (135.1 W/m2), oil (195 W/m2) and gas (482 W/m2), as well as nuclear energy (241 W/m2) are far ahead of solar (6.6 W/m2) and wind energy (1.8 W/m2). Thus, the concept of “net zero” actually crosses out centuries of progressive development of society, offering humanity an energy regression,” said the head of Rosneft.

    He stressed that European politicians lack the courage to publicly acknowledge this fact. “Their blind faith in the “green” transition already resembles an addiction. As one of the classics of French literature aptly put it: “A red nose is a sign of constancy of character,” Igor Sechin stressed.

    “It is clear that the integration of renewable energy sources requires a profound transformation of infrastructure, the scale of which is underestimated. According to the IEA, global investments in the development of energy networks lag behind investments in generation by two and a half times,” he concluded.

    Department of Information and Advertising of PJSC NK Rosneft June 21, 2025

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI Russia: Igor Sechin explained how the growth of government debt leads to the decline of the West

    Translation. Region: Russian Federal

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

    Interest payments on US government debt are diverting significant budget resources, said Rosneft Chief Executive Officer Igor Sechin during his speech at the Energy Panel at the XXVIII St. Petersburg International Economic Forum.

    He recalled that the predicament in which developed countries find themselves due to the growth of public debt is already reflected in the assessment of their creditworthiness. Thus, in May, Moody’s became the last of the three leading international rating agencies to strip the United States of its highest credit rating.

    “With the growing deficit, interest payments are diverting significant budget resources from the social and defense spheres. Last year, net interest payments on the national debt reached a trillion dollars, which amounted to 14% of all state budget expenditures, exceeded defense expenditures, and is already approaching the amount of healthcare expenditures,” Sechin said.

    The head of Rosneft also turned to history and gave an example of how great powers decline due to excessively high levels of public debt. “The fate of Habsburg Spain in the seventeenth century and monarchical France in the eighteenth, the Ottoman and British empires in the last century fully confirm this theory,” he added.

    “At the end of the 18th century, French rulers experienced for themselves that the fiscal guillotine could very quickly end up as a real guillotine,” Igor Sechin noted. By that time, France had accumulated such a volume of debt that more than half of all government spending was spent on servicing it, which led to an increase in taxes. According to the head of Rosneft, this was one of the main reasons for the Great French Revolution, which, in essence, ensured the transition from a monarchy to a bourgeois parliamentary republic.

    Department of Information and Advertising of PJSC NK Rosneft June 21, 2025

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI Russia: Sechin called the US the main beneficiary of the militarization of Europe

    Translation. Region: Russian Federal

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

    The United States of America is offering its European allies to guarantee increased defense spending, the beneficiary of which is the American military-industrial complex, said Rosneft CEO Igor Sechin at the Energy Panel during the XXVIII St. Petersburg International Economic Forum.

    “The US is offering its European allies to guarantee increased defense spending, the beneficiary of which is the American military-industrial complex. This country alone accounts for almost half of the world’s arms trade. The US does not advertise that the militarization of NATO “partners” for them is a shift in their own defense spending to their allies, an increase in the tax base and a reduction in the trade deficit,” he noted, delivering a keynote speech on the topic “The Odyssey of the World Economy in Search of the Golden Fleece. The New Face of Global Energy.”

    Describing this situation, Igor Sechin recalled the statement of the Italian philosopher Niccolo Machiavelli: “The power of power lies in its secret.”

    He also recalled that this year NATO countries began to develop an agreement on a significant increase in military spending to 5% of GDP by 2032. In essence, the US is successfully achieving its goals by worsening Europe’s already difficult fiscal situation.

    According to him, steps to build up the Western military-industrial complex lead to the transfer of colossal resources from manufacturing industries. “For example, the production of one F-35 fighter requires 417 kilograms of rare earth metals. It is not surprising that in recent years a real hunt for these resources has unfolded. Ukraine alone has signed three agreements in this regard in four years: with the European Union, Great Britain and the United States,” the head of Rosneft specified.

    “But all these actions, both in Europe and in the US, are unlikely to become a panacea for all ills. There will always be an asymmetrical response,” Igor Sechin summed up.

    Department of Information and Advertising of PJSC NK Rosneft June 21, 2025

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI Russia: Sechin: Sanctions Undermine Trust in Dollar – Gold and Cryptocurrencies Are Growing Attractive

    Translation. Region: Russian Federal

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

    The use of the dollar as a sanctions weapon undermines its position and creates preconditions for the use of alternative instruments, such as gold, cryptocurrencies, as well as national currencies of other countries, said Rosneft CEO Igor Sechin, speaking at a keynote address at the Energy Panel at the XXVIII St. Petersburg International Economic Forum

    In his report, Sechin noted that the causes and development of serious cataclysms and problems do not arise overnight, but are formed over a certain period of time, and then one push is enough: “By 1971, the United States had a government budget deficit, but instead of tightening their belts, they tore up the Bretton Woods agreement and practically declared default. As a result of the refusal to back the dollar with gold, the United States was able to endlessly, as it seemed to them, finance growing budget and trade deficits through unsecured emission and debt buildup. The global financial system, based on the dollar monopoly, needs additional stability.”

    The head of Rosneft recalled the research of the Belgian-American economist Robert Triffin, who in the eponymous dilemma formulated by him in 1960 proved that the functioning of the dollar as an international reserve currency creates a permanent deficit in the US balance of payments. “Its increase, in turn, leads to an excess of dollars in the world, thus accumulating contradictions in the global financial system. And the use of the dollar as a sanction weapon, which is contrary to common sense, undermines its position and creates preconditions for the use of alternative instruments, such as gold, cryptocurrencies, as well as national currencies of other countries,” said Igor Sechin.

    In his opinion, the credit rating downgrade and the uncertainty of the forecasts for the US budget stability are leading to the fact that US Treasury bonds are gradually losing their status as a “safe haven”. Their place is taken by gold, the price of which, as a rule, rises on the eve of global crises.”

    The head of Rosneft noted that, according to the World Gold Council, in the last three years alone, the share of gold in global gold and foreign exchange reserves has grown by 7% and exceeded 20%, and according to the latest survey by the World Gold Council, 95% of global central banks plan to increase their gold reserves over the next 12 months.

    “A clear indication of the significant increase in demand for gold is the rise in its relative value. Today, 1 ounce of gold can buy about 4 times more oil, 9 times more steel, and 35 times more wheat than in 1950. And the governor of Florida signed a law recognizing gold and silver as legal tender in the state,” he said.

    Sechin also drew attention to the growth in the use of cryptocurrencies. “The volume of cryptocurrency trading has grown tenfold – to $18.5 trillion over the past five years. And the state of New York is considering a bill allowing government agencies to accept payments in cryptocurrency,” said Igor Sechin.

    In addition, he noted the growth in the use of national currencies – the yuan, dirham and Indian rupee in international trade. “The share of the yuan in international settlements has already exceeded 6%, catching up with the euro,” Sechin said.

    Speaking about the current situation with the undermining of confidence in the dollar due to sanctions, Igor Sechin quoted the first lines from Homer’s Odyssey, written in the 8th century BC:

    “Muse, tell me about that experienced man who has wandered for a long time since he destroyed sacred Troy, visited many people’s cities and saw their customs, suffered much in spirit on the seas, worrying about saving his life and returning his faithful comrades to their homeland. Yet, no matter how hard he tried, he did not save his comrades. By their own sacrilege they destroyed themselves….”

    Department of Information and Advertising of PJSC NK Rosneft June 21, 2025

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI Russia: Sechin: Most of the world today is stuck on a “debt needle” as a result of Western policies

    Translation. Region: Russian Federal

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

    Most of the world today is sitting on a “debt needle”, and the overall level of debt of developed countries is at an extremely high level, said Igor Sechin, Chief Executive Officer of PJSC NK Rosneft, speaking at the Energy Panel within the framework of the XXVIII St. Petersburg International Economic Forum.

    In his keynote speech, “The Odyssey of the World Economy in Search of the Golden Fleece. The New Face of Global Energy,” the head of Rosneft recalled that the 2008 mortgage crisis left the financial sector on the brink of collapse. To save it, the world printed the equivalent of $35 trillion.

    “As a result of such Western policies, most of the world is now sitting on a ‘debt needle.’ The overall level of debt in industrialized countries, including the debt of the non-state sector, is at an exorbitant level, approaching 300% of GDP,” Igor Sechin noted.

    Igor Sechin said that the disproportionate growth of the financial sector has led to the fact that today in the US the value of financial assets is more than 5 times higher than GDP, and this trend is typical for most economies in the world, including Russia. “Even in Russia, the size of financial assets is already approaching 100% of GDP,” he noted.

    “The odyssey of the global economy includes various attempts to find a solution to the accumulated issues. Including one of the tools for eliminating the problem of the US budget deficit in recent times have become trade restrictions. However, a sharp increase in import duties leads to a break in chains, the creation of a deficit, inflation,” the head of the Company said.

    Sechin noted that China has hardly noticed the restrictions introduced this year.

    According to the head of Rosneft, in its latest report the World Bank lowered its forecast for US GDP growth this year to 1.4% – the worst average figure since the financial crisis of 2008. For China, the World Bank forecast has not changed: its economy is expected to grow by 4.5% this year.

    Department of Information and Advertising of PJSC NK Rosneft June 21, 2025

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • PM Modi made yoga a global wellness movement: Chandrababu Naidu

    Source: Government of India

    Source: Government of India (4)

    Andhra Pradesh Chief Minister N. Chandrababu Naidu called Prime Minister Narendra Modi a visionary for transforming yoga into a global wellness movement.

    The Chief Minister highlighted the global recognition of the International Day of Yoga since its adoption by the United Nations. He credited Prime Minister Modi’s leadership for this achievement, noting that Yoga Day is now celebrated at over 12 lakh venues across 175 countries, with participation from 10 crore people worldwide.

    Naidu was speaking at the 11th International Day of Yoga celebrations in Visakhapatnam, where he joined the Prime Minister, central and state ministers, the Governor, and others in performing the Common Yoga Protocol.

    Naidu praised PM Modi for popularizing yoga not only in India but around the world.

    “Yoga is accepted by everyone, irrespective of nationality, region, religion, or language. Yoga unites the body, mind, and spirit. It benefits physical health, mental well-being, and stress management; boosts immunity; and enhances self-confidence, self-discovery, personal growth, mindfulness, and inner peace. This leads to reduced violence and promotes peace,” said Naidu.

    He noted that technologies like Artificial Intelligence have made yoga more inclusive and accessible.

    Naidu thanked the Prime Minister for giving Andhra Pradesh the opportunity to host the event, calling it historic. He pointed out that over 3 lakh people participated in a yoga session held along a 28-km stretch from Visakhapatnam to Bhogapuram.

    He added that during the month-long campaign ‘Yogandhra’, more than 1.44 lakh yoga teachers were trained. The campaign registered over 2.17 crore participants at 1.4 lakh locations, with 1.7 crore certificates being issued.

    He announced that 22,122 tribal students created a Guinness World Record by simultaneously performing Surya Namaskar in Visakhapatnam on Friday.

    Expressing delight over the organization of global competitions focused on yoga, Naidu said the Yoga Super League would be held in September.

    He also urged the Prime Minister to use his influence to include yoga in the Asian Games, Commonwealth Games, and eventually, the Olympic Games. He remarked that the Prime Minister can “break any record and make history.”

    “Yoga has achieved mass momentum. We must ensure it becomes a part of our daily lives,” the Chief Minister said, appealing to the youth to practice yoga for one hour every day.

    “Young people should see yoga not just as exercise but as a powerful tool to enhance focus, discipline, and creativity in a rapidly evolving digital world. With regular practice, you will witness a miracle in your lives,” he said.

    Stating that a healthy, wealthy, and happy Andhra Pradesh is the goal of the Swarnandhra vision, he added that it aligns with Viksit Bharat.

    Naidu noted that PM Modi has revived yoga, naturopathy, and Ayurveda, and is promoting green energy, Swachh Bharat, and natural farming. He said the Prime Minister’s vision extends beyond a healthy global community to a healthy planet.

    IANS