Category: Transport

MIL-OSI Russia: Sergei Sobyanin: Modern ice arena “Fili” opened in Filevskaya floodplain

Translartion. Region: Russians Fedetion –

Source: Moscow Government – Government of Moscow –

A new ice arena, Fili, has appeared in the Filevsky Park area. Sergei Sobyanin spoke about this in his telegram channel.

“The two-story sports complex on Filevsky Boulevard houses an ice arena, general physical training and choreography rooms, and a dance hall. Classes in figure skating, hockey, sports acrobatics, rhythmic gymnastics, and other sports are organized here,” the Moscow Mayor noted.

Source: Sergei Sobyanin’s Telegram channel @mos_sobyanin

Ice Arena “Fili”

The ice arena is located at 38 Filevsky Boulevard. The construction of the modern sports complex on the territory of the Filevskaya Poima was carried out from the third quarter of 2023 to December 2024. The two-story building with an area of about 3.2 thousand square meters was erected at the expense of the investor. It housed an ice arena measuring 26 by 56 meters, a general physical training hall with an area of 100 square meters, a choreography hall with an area of 54 square meters and a dance hall with an area of 40.5 square meters.

Athletes and visitors have comfortable locker rooms, a sports shop, equipment rental and a café at their disposal. The complex has a medical office. A parking lot for 106 cars has been arranged on the adjacent territory. The sports complex can accommodate up to 100 people at a time.

The Fili Ice Arena opened on December 10, 2024. It hosts figure skating, hockey and other sports. The new sports complex hosts training sessions for the Razryad, Khrustalny Konek, I Like Ice, Khrustalny Led and Megapolis figure skating schools, the Sytye Volki hockey team, sports acrobatics, rhythmic gymnastics, karate, pilates and capoeira sections, as well as dance classes for the Helios variety theater and the Padede ballet studio.

The Fili Ice Arena is the first modern sports complex in the Filevskaya Poima microdistrict. It will become a new attractive place for sports activities for residents of the Filevsky Park district and adjacent neighborhoods.

Development of sports infrastructure in Moscow

Since 2011, 327 sports facilities have been built in Moscow, of which 168 facilities, or 51 percent, were built at the expense of investors. Plans call for the construction of another 101 sports facilities by 2027, of which 91 percent will be built at the expense of investors.

Sobyanin announced the opening of a new football arena in Novogireyevo Construction of the sports and recreation complex “Gorizont” in Kryukovo has been completed

“My District”. Filevsky Park

The goal of the “My District” program, developed on the initiative of Sergei Sobyanin, is to create comfortable living conditions in all areas of the capital, regardless of their distance from the center.

More than 112 thousand Muscovites live in the Filevsky Park district, located in the Western Administrative District of the capital. Today, it has become the site of one of the largest technological infrastructure development projects in Russia — the creation of a national space center. In addition, comprehensive work is being carried out in the district to improve and develop transport and engineering infrastructure.

In 2019, the ground metro arrived here. The first Moscow Central Diameter (MCD-1) “Belorussko-Savelovsky” included the Fili station. The rolling stock on the Filyovskaya metro line was completely updated, the vestibules and platforms of the Fili and Filyovsky Park stations were renovated. The North-West Chord gave residents of the district additional options for fast and convenient travel around the city.

Bagration Avenue, which was put into operation in 2023, also became part of the capital’s new transport framework. The six-lane outbound highway not only improved transport links in the western districts of the city, but also relieved congestion on neighboring highways, including Kutuzovsky Avenue and Mozhaisk Highway.

In addition, in the Filevsky Park area, the overpass over the MCD-1 tracks and Bagration Avenue was renovated with the reconstruction of Barklaya Street, Promyshlenniy and Bagrationovsky Proezds. An underground pedestrian crossing on Barklaya Street (near house 5, building 2) was opened for local residents.

The improvement of traffic in the area was facilitated by the construction of a new street – Projected Passage No. 2017, which connected Bolshaya Filevskaya Street with Beregovoy and Novofilevskiy Passages, and a section of the road from Bolshaya Filevskaya Street to the Third Transport Ring (along Projected Passages No. 2123 and 1033).

In December 2024, a new bridge across the Moskva River was opened in the line of Myasishchev Street. It connected the Filevskaya and Mnevnikovskaya floodplains. Now, in the line of Beregovoy Proyezd, a bridge across the Moskva River is being built with the reconstruction of the adjacent street and road network from Novozavodskaya Street to 3rd Magistralnaya Street. Another bridge across the Moskva River is being built near Novozavodskaya Street. It will provide transport links between the Filevsky Park district and the North-West Chord.

For the convenience of residents, 13 new routes of ground city transport were organized in the area, and about 50 modern bus stops were installed. The first regular route of river electric transport was extended to the Park Fili pier.

Three electric charging stations of the city project “Moscow Energy” have been equipped. Electric vehicle drivers can find the nearest one and plan a convenient route using the “Moscow Transport” application. Fans of cycling can use 25 bicycle parking areas and eight city bike rental stations.

A large-scale project to improve the urban environment is the comprehensive improvement of the Fili children’s park. Kastanaevskaya, Krylatskaya and Myasishcheva streets, Bagrationovsky proezd and the proezd from Barklaya street to maternity hospital No. 2 have become more comfortable for walking and relaxing. The Moscow River coastline in the Beregovoy proezd area has been improved.

In the district, 85 courtyards, more than 120 playgrounds and sports grounds were put in order. 360 outdoor lighting poles were installed, more than 5.2 thousand trees and shrubs were planted.

In 2025, the area plans to improve Oleko Dundich Street, Filevsky Boulevard near building 10, and pedestrian approaches to the Fili Park pier.

In addition, the embankment of the Moscow River from Filevsky Park to the territory of the P.N. Fomenko Workshop Theatre is being reconstructed. The work is planned to be completed in 2026.

To improve the quality and accessibility of outpatient care in the district, a reconstruction was carried out of branch No. 2 of the Clinical Diagnostic Center No. 4 on Fizkulturny Proezd (building 6) and branch No. 4 of Polyclinic No. 220 on Filevsky Boulevard (building 18), which also houses branch No. 5 of Children’s Polyclinic No. 30.

The building of the My Documents center on Novozavodskaya Street (building 25, block 1) was completely renovated. Comfortable conditions for receiving government services and related services were created there.

For older residents, there is a Moscow Longevity Center (2-ya Filevskaya Street, Building 7, Block 7). Here you can engage in your favorite hobby, maintain physical activity, communicate and gain new knowledge.

There is a single support center in Beregovoy Proezd that provides comprehensive assistance to participants in the special military operation and their relatives.

Thanks to the major renovation of the premises, new opportunities for creative education were given to the pupils of the A. A. Alyabyev Children’s Art School on Bolshaya Filevskaya Street (building 6). In addition, the Gnessin Children’s Music School on Bolshaya Filevskaya Street (building 29) was undergoing routine renovation in the district.

They renovated Children’s Library No. 203 on Kastanaevskaya Street (building 7), Library No. 213 named after Lesya Ukrainka on Bolshaya Filevskaya Street (building 19/18, building 1) and Novozavodskaya Street (building 2, building 5), as well as two branches of the territorial club system “Brigantina” on Kastanaevskaya Street (building 9, building 2 and building 26).

The sports infrastructure of the district was expanded with a volleyball arena on Vasilisy Kozhina Street (building 13) and a sports complex with a skating rink made of lightweight structures on Filevsky Boulevard (building 12, building 4). The major overhaul of the premises of the sports complex of the Moscow Complex Sports School of the Olympic Reserve “West” on Bolshaya Filevskaya Street (building 6) was completed.

Under the My School program, the building of the Proton educational center on Filevsky Boulevard (house 3, block 2) is being modernized. A comprehensive school for 375 students is being built in Bagrationovsky Proezd.

Implementation of the renovation program

In the Filevsky Park area, 35 buildings were included in the renovation program. 6.5 thousand Muscovites will move into new modern apartments.

Stages of resettlement:

— the first stage (2020–2024) — 11 houses. It is 100 percent complete, six houses have been or are being resettled, five houses have been demolished;

— the second stage (2025–2028) — 22 houses, two of which are in the process of resettlement;

— third stage (2029–2032) — two houses.

Residential complexes have been built and handed over for occupancy in the area at the following addresses: Beregovoy Proezd, Buildings 1a and 1b, Bolshaya Filevskaya Street, Building 6a, and Promyshlenniy Proezd, Building 4. Another new building is currently being erected. In addition, design and urban planning documentation is being prepared for three residential properties.

Sobyanin: About 20.6 thousand residents of the Western Administrative District received modern housing under the renovation program

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.

Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

https: //vv.mos.ru/mayor/tkhemes/12372050/

MIL OSI Russia News –

February 11, 2025
MIL-OSI Canada: Statement from Minister McPhee on Sexual Health Week

Statement from Minister McPhee on Sexual Health Week
jlutz
February 10, 2025 – 3:08 pm

Minister of Health and Social Services Tracy-Anne McPhee has issued the following statement:

“February 9 to 15 is Sexual Health Week, an opportunity to highlight the importance of accessible, inclusive and evidence-based sexual health education and services for all Yukoners.

“Sexual health is a fundamental part of overall wellbeing, influencing individuals, families and communities. Comprehensive sexual health education helps young people develop the knowledge and skills to make informed decisions, build healthy relationships, understand body science and understand their rights.

“Through collaboration with the Department of Education and the Department of Justice, we developed Better to Know, a comprehensive sexual health education and gender-based violence prevention program. Delivered by Certified Sexual Health Educators, it provides school-based resources, public health education and support services to help Yukoners have access to accurate and evidence-based information including information sessions for parents, caregivers, youth allies and community organizations.

“Beyond classroom resources, youth organizations and support services across the territory play a crucial role in ensuring that young people have access to guidance on consent, healthy relationships and 2SLGBTQIA+ inclusive education. Additionally, sexual health services, including Sexually Transmitted and Blood Borne Infections (STBBI) testing and treatment, birth control and reproductive health support are available in both Whitehorse and rural communities.

“By providing access to accurate sexual health education, encouraging open conversations and promoting healthy relationships, our government is working to empower individuals to make informed choices. These proactive measures not only reduce the risk of violence and abuse but also strengthen our communities, creating a more supportive environment where everyone can thrive.

“I encourage Yukoners to find more information on sexual health education, resources and services, by visiting bettertoknow-yukon.ca or email health.promotion@yukon.ca.

“This Sexual Health Week, our government reaffirms its commitment to providing Yukoners with access to inclusive, evidence-based sexual health education that meets the needs of our diverse communities.”

MIL OSI Canada News –

February 11, 2025
MIL-OSI Russia: A house will appear on Magadanskaya Street under the renovation program

Translartion. Region: Russians Fedetion –

Source: Moscow Government – Government of Moscow –

As part of the renovation program, a new apartment building will appear in the Losinoostrovsky district. This was reported by Juliana Knyazhevskaya, Chairman of the Committee for Architecture and Urban Development of Moscow.

“Moskomarkhitektura has issued an urban development plan for a land plot of 0.34 hectares for the construction of a house under the renovation program at the address: Magadanskaya Street, Building 12. The maximum area of the new building will be 6.5 thousand square meters,” said Yuliana Knyazhevskaya.

In addition to the construction of new housing, the renovation program is aimed at improving the urban environment and creating social and transport infrastructure near the houses. The house will have everything necessary for a comfortable life. Schools, kindergartens, clinics and a park are located nearby.

The first floors of new buildings under the renovation program are made non-residential – they are intended for the placement of social and commercial facilities. The courtyards are landscaped, children’s and sports grounds appear there, as well as places for recreation.

Earlier Sergei Sobyanin congratulated The 200,000th resident who began resettling under the program.

The renovation program was approved in August 2017. It concerns about a million city residents and provides for the resettlement of 5,176 houses. Moscow Mayor instructed to double the pace of implementation of the renovation program.

Moscow is one of the leaders among regions in terms of construction volumes. High rates of housing construction correspond to the goals and initiatives of the national project “Infrastructure for life”.

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.

Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

https: //vv.mos.ru/nevs/ite/149939073/

MIL OSI Russia News –

February 11, 2025
MIL-OSI Russia: Master classes, performances, games: the Moskino cinema park’s weekend program

Translartion. Region: Russians Fedetion –

Source: Moscow Government – Government of Moscow –

Film conferences with directors, actors and scriptwriters, master classes and games for children, family film screenings and film expeditions, screenings of the multimedia performance “Cathedral Square” – all this and much more awaits guests of the Moskino cinema park on February 15 and 16. We tell you how to spend the coming weekend interestingly and usefully.

Film meetings, performances and games

On Saturday and Sunday from 13:00 to 17:00 on the second floor of the educational center there will be a forum “Film Fairy Tale”. The creators of famous fantasy films will talk about the specifics of the genre, the filming process and the use of modern technologies in film production. There will also be master classes in makeup, acting and creating a film costume. In addition, you can attend creative evenings with the participation of an actor and a screenwriter.

At the chromakey, everyone will meet the cameraman, who will share the secrets of applying filters during filming. And in the decorations of “Moscow in the 1940s”, guests will learn how to create a video blog.

On February 15 and 16 from 13:00 to 16:40, guests of the cinema park will be offered to watch the play “Mermaids and Legends”. The plot will take viewers to a magical land inhabited by ancient Greek heroes, brave sailors, dragons and other characters. Viewers will enjoy a show with shadow theater, puppets, tricks and sand animation to songs performed by Anna Morozova.

The chromakey will also host animation games: young participants will roll balls through a wooden labyrinth, build houses from blocks, shoot at targets from a children’s bow, assemble coats of arms from puzzles, and also perform other tasks that require speed and attention.

Historical adventures

At 18:30 and 20:00, fans of historical adventures will be able to attend the play “Cathedral Square”. Kuzma Minin, Dmitry Pozharsky, Patriarch Hermogenes, False Dmitry II, Marina Mnishek and other heroes of the Time of Troubles will appear before the audience. On different days, famous theater and film actors Dmitry Pevtsov, Elena Zakharova, Anna Bolshova, Yulia Takshina, Valery Nikolaev, Evklid Kurdzidis, Olga Kabo and other artists will take part in the performances. Incredible color projections, action-packed dramaturgy and musical compositions written especially for the play will leave unforgettable impressions of the weekend.

The performance is one hour long and is intended for audiences over six years old. Shows will run until February 23 on weekends. Tickets can be purchased here.

Quests and master classes

Guests will be able to gain new knowledge and see real film sets during the excursion “Cinema Expedition”, in which participants will be accompanied by a guide. And for lovers of leisurely walks, the quest “The Road Leads” in the fairy tale park will suit.

Another game with tasks called “Film! Film! Film!” will take place in the “Center of Moscow” decoration. Participants will create a film project and participate in all stages of the film production.

In the central square, guests will be treated to familiar songs performed by cover bands. In Chalet No. 1, master classes for children will be held: children will learn how to make cards from colored soap and tubes, create paintings using texture paste, and sculpt figures of fairy-tale characters from airy plasticine. In Chalet No. 2, young guests will be able to paint a movie clapperboard.

New releases at the Moskino Kinopark cinema

The Moskino Kinopark cinema is set to feature premieres of the week. The drama The Prophet: The Story of Alexander Pushkin tells the story of the great poet’s life, his ups and downs, his search for love, and his creative path. The leading role is played by Yuri Borisov, the first Russian actor nominated for an Oscar. In addition, visitors to the cinema park will be able to watch the family comedy Manyunya: Ba’s Birthday. This is a touching story about how the characters try to organize their grandmother’s anniversary, but everything goes wrong. Will they be able to save the holiday and maintain their friendship? Find out the showtimes andbuy tickets You can find it on the website of the Moskino cinema park.

You can get to the cinema park by car or by free buses from the Salaryevo metro station (route MK2, exit No. 3) and the Teply Stan metro station (route MK1, exit No. 6). They run every 25 minutes.

The Moskino Cinema Park is part of Sergei Sobyanin’s Moscow — City of Cinema project and an object of the Moscow film cluster. The first stage of development has already been completed here: 18 natural sites, four pavilions and six infrastructure facilities have been built. Among them are the sets of Moscow Center, Moscow of the 1940s, Vitebsk Station, Yurovo Airport, Moscow Cathedral Square, Deaf Village, Partisan Village, County Town, Cowboy Town, St. Petersburg Bar and other sites.

The Moscow Film Cluster is an infrastructure facility, services and facilities for filmmakers, which are being developed by the Moscow Government within the framework of the Moscow — City of Cinema project. Its structure includes the Moskino Film Park, the Gorky Film Studio (sites on Sergei Eisenstein Street and Valdaisky Proyezd), the Moskino Film Factory, the Moskino Cinema Network, the Film Commission and the Moskino Film Platform.

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.

Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

https: //vv.mos.ru/nevs/ite/149944073/

MIL OSI Russia News –

February 11, 2025
MIL-OSI: Jan De Witte joins GHO Capital as Operating Partner

Source: GlobeNewswire (MIL-OSI)

Jan De Witte joins GHO Capital as Operating Partner

Former CEO of Integra LifeSciences with significant strategic and operational experience to support GHO Capital’s portfolio

London, UK – 11 February 2025: Global Healthcare Opportunities, or GHO Capital Partners LLP (“GHO”), the European specialist investor in global healthcare, is pleased to announce the appointment of Jan De Witte as Operating Partner.

Jan is an accomplished senior executive with extensive experience leading international growth and transformation for global technology and life sciences companies. Prior to joining GHO, he was Chief Executive Officer and member of the Board of Directors at Integra LifeSciences (“Integra”, NASDAQ: IART), a global leader in regenerative tissue technologies, and neurosurgical and ENT solutions. At Integra Jan drove international expansion and operational excellence, and through strategic acquisitions and innovation added $1 billion to the total addressable market of the company’s offerings.

Prior to Integra, Jan served as CEO of Barco N.V. (EBR: BAR), directing the advanced visualisation technology company’s digital transformation and global market expansion. He strengthened Barco’s position in the healthcare, entertainment, and enterprise sectors through new product launches and operational improvements and global market expansions. Earlier in his career, he spent 18 years at GE Healthcare leading global teams in Digital Health, Services, Manufacturing, Quality and Supply Chain across the Americas, EMEA, and Asia. Jan’s career started with foundational roles in Operations at Procter & Gamble and as Senior Consultant at McKinsey in Europe.

Jan currently serves as a Director of ResMed Inc. (NYSE: RMD), a digital health and medical device leader. His board experience includes previous roles at Barco N.V. and international joint ventures. He holds an M.B.A. from Harvard Business School and Master’s and Bachelor’s degrees in electromechanical engineering with highest distinction from KU Leuven, Belgium.

As Operating Partner, Jan will leverage his extensive leadership experience and global network to support and grow GHO’s portfolio companies, as well as supporting with the firm’s transatlantic deal origination.

The Partners at GHO Capital commented: “Jan brings a wealth of healthcare industry expertise and a strong track record to our team as we look to implement our proven operational playbook and drive expansion and growth across our portfolio. The healthcare sector is experiencing significant innovation, supported by favourable market conditions, and Jan’s experience will help us identify businesses with the most substantial growth potential. On behalf of the entire GHO team, we warmly welcome him and look forward to the positive impact he will make.”

Commenting on his new appointment, Jan De Witte, Operating Partner at GHO Capital, said: “My focus throughout my career has always been to support innovative healthcare companies as they grow and transform, whilst creating long-term investor value. I am excited to be joining GHO Capital, one of Europe’s leading healthcare specialist private equity firms, who are committed to driving the highest standards across the healthcare sector. I look forward to working with the team and leveraging my expertise to support GHO’s portfolio companies realise their full potential.”

-Ends-

Further information:

GHO Capital Partners LLP

T +44 20 3700 7440

E IR@ghocapital.com

About GHO Capital

Global Healthcare Opportunities, or GHO Capital Partners LLP, is a leading specialist healthcare investment advisor based in London. GHO Capital applies global capabilities and perspectives to unlock high growth healthcare opportunities, targeting Pan-European and transatlantic internationalisation to build market leading businesses of strategic global value. GHO Capital’s proven investment track record reflects the unrivalled depth of our industry expertise and network. GHO Capital partners with strong management teams to generate long-term sustainable value, improving the efficiency of healthcare delivery to enable better, faster, more accessible healthcare. For further information, please visit www.ghocapital.com.

The MIL Network –

February 11, 2025
MIL-OSI USA: Senator Marshall on Fox Business: The Democrats “Don’t Know What to Do”

US Senate News:

Source: United States Senator for Kansas Roger Marshall

Washington, D.C. – U.S. Senator Roger Marshall, M.D. joined The Bottom Line on Fox Business to discuss the Democrats flip-flopping on their bipartisan promises, the Department of Homeland Security (DHS) requesting Internal Revenue Service (IRS) personnel to protect the border, why the Federal Emergency Management Agency (FEMA) needs major reform, and the current status of President Donald Trump’s cabinet nominees.

[embedded content]

You may click HERE or on the image above to watch Senator Marshall’s full interview.
Highlights from Senator Marshall’s interview include:
On the Democrats reversing course on bipartisanship:
“It looks like my friends across the aisle will work with anybody whose name is not Donald Trump. The way I see it up here right now, if this were an MMA fight, the Democrats would be tapping out. It’s like Donald Trump has hit them with body flip, body jab after body jab, and now they’re folding. They’ve lost their confidence. They don’t know what to do.”
“This turn of bipartisanship is just a turn of convenience. But now we have Donald Trump doing what he said he was going to do. He’s going to get rid of waste, fraud, abuse, and incompetence, and now they’ve lost it, and Donald Trump is winning this fight.”
“Yeah, take USAID, for instance. Congress asked multiple times – open these books up for us and show it to us. We’ve asked the Pentagon to assess their own spending as well, and it never happens. It’s taken someone like an Elon Musk to work for President Trump to do exactly what Americans ask him to do – and that’s get rid of this waste, fraud, and abuse.”
On FEMA needing large-scale reform:
“It’s been four months since hurricane Helene. We still have 3500 North Carolina families that don’t have a home. Something’s not working right here. Here’s a former Governor, Governor Noem there, saying, look, let’s let the Governors use some of that money and put it to work in the right way as well. So we’ve got to do something differently.”
“Let’s not forget, it wasn’t too long that FEMA used over a billion dollars to take care and house people that were here illegally as well. So we need a redo there at FEMA. We need to start over. We need to pause and figure out how to do this the right way.”
On deputizing and deploying IRS agents to the U.S. southern border at the request of DHS:
“Promises made, promises kept here. President Trump said all hands on deck. I think most Americans would agree with me that the most significant initial concern to our country right now is this open southern border. So let’s use the IRS agents to chase the money. Think about this, all the human trafficking, all the fentanyl poisoning… behind that is money laundering. Who would be better than the IRS agents to track down that money laundering and work with the DHS agents? I think this is very good use of our resources as well.”
“I just want to emphasize goodness, we’re losing 200 people Americans every day from fentanyl poisoning, and the money used for that is being laundered by the Chinese triad, this Chinese organized crime group, and using a crypto a lot of at times as well. So we need to unleash all the resources we have to secure our borders, but then chase the bad guys, as they say. And I think the IRS is very equipped to do this. Let’s work together. If, wherever the you know the hemorrhaging is going, let’s stop that hemorrhaging. And that’s exactly what President Trump’s doing here.”
On President Trump’s Cabinet nominees advancing through confirmations:
“I want to brag on John Thune – Leader John Thune – and the job that he’s doing. We’re way ahead of Biden’s pace for getting people approved. I think we’re right there even with Barack Obama, his pace getting things approved, so we’re making progress.”
“This is a big week. We have Tulsi Gabbard and Bobby Kennedy Jr. up in front of us today. I think those are probably the two toughest hurdles we’ve got going on. Kash Patel will be a little bit of a hurdle as well, but I think we’re making excellent progress.”
“I think the senators up here are hearing Americans out there – they’re hearing across the country that they want Bobby Kennedy to be a game changer, to be a disrupter as well. You know, I saw something interesting this week that President Trump’s numbers with younger people especially went up like 10% – 10 points here in the past week or two. I think a lot of that is because of people like Tulsi Gabbard, people like Bobby Kennedy, Jr, Kash Patel, that relate to younger people as well. So it’s a great week. It’s a great month to be up here working with President Trump.”

MIL OSI USA News –

February 11, 2025
MIL-OSI United Kingdom: Innovative Access Permit launched to make car parking easier for older people

Source: St Albans City and District

Publication date: 11 Feb 2025

Residents in St Albans District aged 70 or over can apply for a brand new Access Permit to make car parking easier.

St Albans City and District Council has introduced the permit to help people who have difficulty with digital payment methods such as a mobile phone app.

The decision to provide it, taken after feedback that car park permits had a wider purpose than just value for money, is aimed at ensuring that these residents do not feel digitally excluded.

Costing £190 a year, the permit is valid for one visit a day for up to three hours at 15 off-street car parks in St Albans and Harpenden.

That includes car parks at Drover’s Way, Russell Avenue, the Civic Centre, Westminster Lodge and Verulamium, in St Albans, and Amenbury Lane and Bowers Way East and West, in Harpenden.

To be eligible for the permit, you need to be aged 70 or above and be a resident of the District.

Councillor Helen Campbell, Lead for Car Parking, said:

There is no statutory duty placed on us to provide such a permit and I am not aware of any Councils that do, so this is quite an innovation.

We are an inclusive Council, responsive to the needs of all our community, and the permit is a demonstration of that.

Many of our older citizens are more than happy to pay by contactless cards or apps, but there are some who struggle with these modern methods.

The Access Permit will help by providing them with a more traditional way of paying. The price of £190 per year is designed to reflect a fair price for an average driver over a year’s use.

Anyone eligible for the Access Permit can apply here: https://www.stalbans.gov.uk/access-permit-council-car-parks.

Those who have difficulty making an online application, or need further information and advice about applying, please contact the Council’s customer service team on 01727 866100.

You can find more details about the Council’s car parks here: https://www.stalbans.gov.uk/car-parks-and-street-pay-and-display

Lydekker car park in Harpenden,owned by Harpenden Town Council, is not covered by the permit.

Photo: Westminster Lodge car park.

Contact for the media: John McJannet, Principal Communications Officer: 01727-819533; john.mcjannet@stalbans.gov.uk.

MIL OSI United Kingdom –

February 11, 2025
MIL-OSI Russia: Rosneft Preserves Rare Languages of Indigenous Peoples of the North

Translartion. Region: Russians Fedetion –

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

RN-Purneftegaz (part of the Rosneft oil and gas production complex) summed up the results of a grant competition for scientific, educational and research projects aimed at solving social issues of the indigenous peoples of the North living in the Purovsky District of the Yamalo-Nenets Autonomous Okrug. The winner of the competition was a project to develop teaching aids for children in the language of the Forest Nenets, presented by the National Research University Higher School of Economics.

The project includes the development of a teaching aid and a simulator for online learning, as well as the publication of a book for reading and a workbook for completing practical assignments for elementary grades.

The language of the Forest Nenets is characterized by a complex system of rules for constructing and changing words. With the participation of linguists, it is planned to develop a methodological base, test questions and answers, on the basis of which teachers will be able to form tasks of varying degrees of complexity. An online trainer will help children complete homework, as well as practice declension and conjugation forms for correct word formation.

Currently, the language of the Forest Nenets is endangered and is spoken by about a thousand people. The language of the Forest Nenets differs significantly from the language of the Tundra Nenets, which is spoken by most of the indigenous people of Yamal. The grant project of RN-Purneftegaz is aimed at preserving the unique language and national identity of the Forest Nenets.

With the support of RN-Purneftegaz, a project to develop the practice of preparing children for school directly in the places where families live – in nomadic kindergartens – has already been successfully implemented. Based on the results of a scientific study conducted by the Yakut branch of the Federal Institute of Native Languages, a collection of methodological materials “Trends in nomadic education” was compiled. It included development programs in the Nenets language, unique practices and lesson plans for pre-school preparation of pupils of nomadic groups of northern peoples. Training was also conducted for educators working in nomadic kindergartens of the district. The project made it possible to select new methods and forms of organizing pre-school education for children from nomadic families.

Preservation of the national culture of the indigenous peoples of the North and their traditional way of life is one of the significant areas of Rosneft’s social policy. The Company’s enterprises implement many social projects in the regions of their operations, develop the infrastructure of northern villages, help reindeer herder families, improve the material and technical base of educational institutions, social and medical facilities in the areas of original residence of indigenous peoples.

Reference:

RN-Purneftegaz is one of the main oil and gas production centers of Rosneft in the Yamalo-Nenets Autonomous Okrug, carrying out production activities in 16 license areas. The company’s cumulative production exceeds 280 million tons of oil.

Department of Information and Advertising of PJSC NK Rosneft February 11, 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 –

February 11, 2025
MIL-OSI: Bitget lists JAILSTOOL adding it to Spot Trading

Source: GlobeNewswire (MIL-OSI)

VICTORIA, Seychelles, Feb. 11, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Stool Prisondente ($JAILSTOOL). The memecoin was adopted by Barstool Sports founder David Portnoy. Spot trading will begin on 10 February 2025, 14:00 (UTC), with withdrawals available on 11 February 2025, 10:00 (UTC).

Stool Prisondente is a community-driven memecoin designed for fun and lighthearted engagement within the crypto ecosystem, celebrating crossovers between internet culture and the unpredictable nature of meme assets. With a focus on community participation and viral momentum, Jailstool embodies the spirit of crypto’s inherent degen culture.

Bitget continues to expand its offerings, positioning itself as a leading platform for cryptocurrency trading. The exchange has established a reputation for innovative solutions that empower users to explore crypto within a secure CeDeFi ecosystem. With an extensive selection of over 800 cryptocurrency pairs and a commitment to broaden its offerings to more than 900 trading pairs, Bitget connects users to various ecosystems, including Bitcoin, Ethereum, Solana, Base, and TON. The addition of $JAILSTOOL into Bitget’s portfolio marks a significant step toward expanding its ecosystem, by embracing niche communities and fostering innovation in decentralized economies, further solidifying its role as a gateway to diverse Web3 projects and cultural movements.

For more details on $JAILSTOOL, visit here.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: media@bitget.com

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ea3c6294-13cb-4c4d-945a-df3941ae416c

The MIL Network –

February 11, 2025
MIL-OSI Russia: Marat Khusnullin: More than 172 thousand people have moved from dilapidated housing in the Urals Federal District

Translartion. Region: Russians Fedetion –

Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

Khanty-Mansiysk Autonomous Okrug – Yugra, the city of Uray

February 11, 2025

Khanty-Mansiysk Autonomous Okrug – Yugra, the city of Uray

February 11, 2025

Previous news Next news

Khanty-Mansiysk Autonomous Okrug – Yugra, the city of Uray

Active work is underway in the regions to resettle people from dilapidated housing. In particular, in the Urals Federal District, more than 2.7 million square meters of dilapidated housing have been resettled since 2019, Deputy Prime Minister Marat Khusnullin reported.

“Comfortable living conditions are one of the basic needs of a person. In Russia, on the instructions of the President, a state program was launched, thanks to which people living in dilapidated houses can move to new ones. This program is being implemented in 84 regions in all federal districts. Including in the Urals Federal District, 172.9 thousand people have moved from dilapidated housing since 2019. I would like to note the activity of the regions in resolving the issue of resettling dilapidated housing. Of the total number of resettled people, 82.2 thousand citizens improved their housing conditions under programs that are implemented at the expense of budgets of the constituent entities of the Russian Federation,” said Marat Khusnullin.

He noted that the top three regions in terms of the volume of resettled dilapidated housing were the Khanty-Mansi Autonomous Okrug – Yugra (901.8 thousand sq. m), the Yamalo-Nenets Autonomous Okrug (805.4 thousand sq. m) and the Sverdlovsk Region (429.1 thousand sq. m).

The Ministry of Construction is the curator of the program for resettling citizens from dilapidated housing, and the operator is the PPK “Territorial Development Fund”.

“Of the six regions of the Ural Federal District, three have already completed the resettlement of emergency housing, recognized as such before January 1, 2017, and have begun resettling citizens from houses recognized as unfit for habitation in the period from January 1, 2017 to January 1, 2022. These are the Khanty-Mansiysk and Yamalo-Nenets Autonomous Okrugs, as well as the Chelyabinsk Region, where 8.7 thousand people have been resettled from such housing with a total area of 145.6 thousand square meters,” said Ilshat Shagiakhmetov, General Director of the Territorial Development Fund.

It should be noted that since 2019, the resettlement of emergency housing in the regions has been carried out within the framework of the national project “Housing and Urban Environment”. Now large-scale work continues under the new national project “Infrastructure for Life” launched this year.

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 –

February 11, 2025
MIL-OSI Asia-Pac: Foreign Minister Lin hosts welcome luncheon for Estonian defense industry delegation

Source: Republic of China Taiwan 3

Foreign Minister Lin hosts welcome luncheon for Estonian defense industry delegation

Date：2025-02-05
Data Source：Department of European Affairs

No. 032
February 5, 2025

Minister of Foreign Affairs Lin Chia-lung hosted a welcome luncheon on February 4 for an Estonian defense industry delegation led by Chair of the Estonia-Taiwan Support Group of the Parliament of Estonia Kristo Enn Vaga. The delegation included senior parliamentarian Kalle Laanet—who previously served as minister of defense, minister of the interior, and minister of justice—as well as representatives of the defense industry. During the event, the two sides exchanged views on cooperation in defense industry innovation, whole-of-society resilience, the Russia-Ukraine war, and other issues.

Minister Lin noted that Taiwan and Estonia had both experienced authoritarian rule and therefore greatly cherished their hard-won freedoms and democracy. Commenting on authoritarian expansionism in recent years, he pointed out that the ongoing Russia-Ukraine war, China’s recurrent military exercises in the waters around Taiwan, and frequent incidents of sabotage of underwater cables in the Baltic Sea and the waters off Taiwan underscored the importance of enhancing collaboration among democratic nations. Minister Lin also spoke about having led a delegation of the Taiwanese drone industry to Lithuania last November to demonstrate Taiwan’s determination to build democratic supply chains together with like-minded nations. He welcomed this visit by the Estonian defense industry delegation, which, he said, would open up additional areas for cooperation.

Chair Vaga stated that the democratic community had realized that if like-minded partners did not work together to establish supply chains, national security could become susceptible to potential threats. Observing that Taiwan and Estonia were both the targets of massive daily disinformation attacks and that underwater cables serving each had recently been damaged, Chair Vaga urged the democratic community to become more united against all manner of threats and challenges. He also pledged to steadily promote relations between Taiwan and Estonia.

At the luncheon, Minister Lin thanked the representatives of Motex Healthcare and Taiwan Comfort Champ Manufacturing for their joint donation of 1.11 million masks to Ukraine and Estonia during the Estonian delegation’s visit to Taiwan, adding that it highlighted the Taiwanese spirit of humanitarian assistance. Deputy Minister of Foreign Affairs François Chihchung Wu witnessed the donation ceremony on behalf of Minister Lin.

Deputy Minister Wu said that, since the outbreak of the Russia-Ukraine war, Taiwan had worked proactively with like-minded countries to support Ukraine. He stated that the Taipei Mission in the Republic of Latvia and the Estonian Centre for International Development had signed a partnership agreement last June, under which Taiwan would donate €1.1 million to support the construction of homes for orphans in Ukraine. Deputy Minister Wu expressed pleasure that Taiwanese companies had shown a commitment to corporate social responsibility and demonstrated that Taiwan could help and that Taiwan was helping. His views were echoed by Chairman of Motex Healthcare Y. C. Cheng and Chairman of Taiwan Comfort Champ Manufacturing Andy Chen, both of whom expressed a willingness to work with the government to assist Ukraine. (E)

MIL OSI Asia Pacific News –

February 11, 2025
MIL-OSI: Explore cryptocurrency wealth and get efficient returns every day through BitconeMine cloud mining

Source: GlobeNewswire (MIL-OSI)

LONDON, Feb. 11, 2025 (GLOBE NEWSWIRE) — BitconeMine, the leading AI-driven cloud mining platform, is making waves in the cryptocurrency industry by offering a limited-time $10 login mining bonus to new users. The initiative aims to lower the barrier to entry for crypto enthusiasts and provide a seamless, cost-effective way to start earning Bitcoin through cloud mining.

What is Bitcoin Cloud Mining?

BitconeMine allows users to participate in cryptocurrency mining without owning expensive hardware or dealing with a complex technical setup. By renting mining power from a data center, users can earn Bitcoin with minimal effort and investment.

Why BitconeMine?

BitconeMine stands out in the cloud mining industry with its innovative AI technology, ensuring optimized mining operations and consistent returns for investors. With a seven-year track record, BitconeMine continues to provide a secure and stable platform for passive income generation.

Key Benefits of BitconeMine:

$10 Login Bonus: New users can start mining immediately and earn a fixed $0.6 per day.
Transparency: Monitor contracts and earnings in real time via mobile or desktop.
Security: Investment protection backed by L&G Insurance.
Scalability: Flexible contracts to suit a variety of investment needs.
Zero maintenance costs: BitconeMine takes care of all hardware and operational maintenance.
24/7 customer support: 24/7 assistance for a seamless mining experience.

How to get started

Joining BitconeMine is simple. Register on the platform and instantly activate your $10 mining reward. With daily passive income, new users can explore cloud mining without an initial financial commitment.

1. First register as a BitconeMine user (visit the BitconeMine official website, click on register, and follow the steps to set up your account and password.)

2. Choose a suitable contract package
3. Pay the mining contract fee
4. Wait for daily earnings.

The bright future of cloud mining

BitconeMine is committed to innovation and user satisfaction, and continuously enhances its platform to provide industry-leading cloud mining solutions. With strong security measures, transparent operations, and AI-driven efficiency, BitconeMine is poised to redefine the future of cryptocurrency mining.
Start your crypto mining journey today. Visit https://bitconemine.com/ and claim your $10 sign-on bonus instantly!

Contact:
Lily Tanoria
info@bitconemine.com

Disclaimer: This press release is provided by BitconeMine. The statements, views, and opinions expressed in this content are solely those of the sponsor and do not necessarily reflect the views of this media platform. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in cloud mining and related opportunities involves significant risks, including potential loss of capital. Readers are strongly advised to conduct their own research and consult a qualified financial advisor before making any investment decision.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0bb1cd16-634a-413d-a8a5-081d7a58ff66

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7b59576d-f683-4cb1-b8d1-6825cb45375e

The MIL Network –

February 11, 2025
MIL-OSI Russia: Sobyanin: Overpass over SZKh near Novozavodskaya Street to be completed in 2026

Translartion. Region: Russians Fedetion –

Source: Moscow Government – Government of Moscow –

The construction of the overpass across the main route of the North-West Chord (NWCH) towards Rublevskoye Highway is planned to be completed in 2026. This was reported by Sergei Sobyanin in his telegram channel.

The 155-meter-long overpass is being built as part of the Targeted Investment Program. It will provide an exit from the residential and public areas of the Mnevnikovskaya floodplain to the main route of the North-West Chord.

“Thanks to the overpass and the new bridge across the Moskva River in line with Novozavodskaya Street, we will be able to create an additional exit to the SZH and a new route to the Filevsky Park area, to the National Space Center and the Khrunichev site of the Technopolis Moscow SEZ,” wrote Sergei Sobyanin.

According to the architects’ idea, the artificial structure will harmoniously fit into the surrounding floodplain development: the same lighting masts as in the neighboring blocks will be installed on the overpass. The V-shaped supports with smooth rounding were developed individually for each span, while maintaining a uniform style.

Currently, the construction readiness of the overpass is 70 percent.

Development of the Mnevnikovskaya floodplain area

Today Mnevnikovskaya floodplain— one of the largest development centers of the city. It is planned to build about three million square meters of real estate here. The construction of a modern urban area with residential areas, educational facilities, sports centers, a surf park and numerous green recreation areas is underway.

One of the largest sports clusters in Moscow, with an area of about 500 thousand square meters, is being created on the territory of the Mnevnikovskaya floodplain. It will include an ice palace, the Alexander Ovechkin International Hockey Academy, a training center for the Russian national football team, a multifunctional building with a curling arena, as well as the CSKA basketball club and a rowing base with the necessary infrastructure.

Currently, over 200 thousand square meters of various real estate have been put into operation, including residential buildings, an educational complex for 925 students, an ice palace and other facilities.

Large-scale work continues creation of a modern transport infrastructure. In 2021, two stations of the Big Circle Line of the metro were opened in the Mnevnikovskaya floodplain: Mnevniki and Terekhovo. The reconstruction of Nizhnie Mnevniki Street (North-West Chord) was carried out with the construction of bridges across the Moskva River and locks. In December 2024, a bridge was opened across the Moskva River in line with Myasishchev Street, which connected the Filevskaya and Mnevnikovskaya floodplains, as well as an underground pedestrian crossing in the area of the junction with Myasishchev Street.

A project to develop the local street and road network is currently being implemented, within the framework of which streets will appear to provide access to residential areas under construction, sports facilities and metro stations. They are also building a road bridge across the Moskva River in line with Novozavodskaya Street, an overpass across the main route of the SZH towards Rublevskoye Highway, two bicycle and pedestrian bridges across the Moskva River to Ostrovnaya Street (Krylatskoye district) and towards Fili Park. In addition, they will make two pedestrian crossings, including one overground (across the SZH in the area of the Moskvoretsky Arboretum) and one underground (in the area of the Moskvoretsky Natural and Historical Park). The plans include the reconstruction of the embankments of the Moskva River with a total length of about seven kilometers.

In total, they plan to build 17 kilometers of roads on the territory of the Mnevnikovskaya floodplain.

Four pedestrian bridges will be built in Moscow by the end of 2027 The new bridge in the Mnevnikovskaya floodplain will have spectacular arches — Sergei Sobyanin Sergei Sobyanin opened a unique ice palace in the Mnevnikovskaya floodplain Construction of the International Hockey Academy continues in the Mnevnikovskaya floodplain

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.

Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

https: //vv.mos.ru/mayor/tkhemes/12371050/

MIL OSI Russia News –

February 11, 2025
MIL-OSI Russia: The number of self-employed in Moscow has exceeded 1.9 million

Translartion. Region: Russians Fedetion –

Source: Moscow Government – Government of Moscow –

In the capital, the number of payers of the professional income tax at the beginning of 2025 exceeded 1.9 million people. This was reported by Maria Bagreeva, Deputy Mayor of Moscow, Head of the Department of Economic Policy and City Development.

“Moscow’s large consumer market and the support measures provided by the city allow entrepreneurs to develop their businesses in the directions and formats that are attractive to them. In 2024, the number of self-employed people working in the capital increased by almost 350 thousand and exceeded 1.9 million people. 16 percent of Russian registered professional income taxpayers work in Moscow. Over the entire period of this tax regime, which has been in effect in the capital since January 1, 2019, they have earned almost 1.5 trillion rubles, including 536 billion rubles in 2024,” noted Maria Bagreeva.

Last year, the self-employed transferred 15.1 billion rubles to the Moscow budget – 46 percent more than in 2023. Over the entire period of the special tax regime, more than 39 billion rubles in professional income tax have already been received by the capital’s budget.

In 2024, 181 million checks were issued to clients — twice as many as the year before. This indicates an increase in business activity among the self-employed in Moscow. At the same time, the average check size at the end of 2024 was 3,152 rubles.

The advantages of this tax regime are the ease of registration and the automated mode of transferring information about the income received. In addition, the self-employed person is not required to submit tax reports or use cash registers.

According to the Federal Tax Service, in 2024, the most popular types of activity among the capital’s self-employed, which they indicated during registration, were passenger and freight transportation, delivery, apartment rental, construction, advertising and marketing.

Moscow has a developed modern infrastructure for professional self-realization, including those who choose the entrepreneurial scenario. On Shchepkina Street (house 38, building 1) there is a center for innovative personnel services “Professions of the Future”Here you can master one of 75 in-demand specialties in various sectors of the economy, get help in finding a job or start your own business. All this will take a maximum of 3.5 months.

At the flagship center “My work” (Shabolovka Street, Building 48) a unique full-cycle ecosystem, “Self-Employment in Hands,” has been created. Here you can get advice on starting your own business, take part in career guidance classes and develop entrepreneurial skills.

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.

Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

https: //vv.mos.ru/nevs/ite/149931073/

MIL OSI Russia News –

February 11, 2025
MIL-OSI Russia: More than 1.65 million tons of recyclable materials were collected in the capital in 2024

Translartion. Region: Russians Fedetion –

Source: Moscow Government – Government of Moscow –

As part of the separate waste collection program, more than 1.65 million tons of recyclable materials were collected in the capital last year, said the Deputy Mayor of Moscow for Housing and Public Utilities and Improvement Petr Biryukov.

The city has had a separate waste collection program in place for five years now. It is in demand among Muscovites and has proven its effectiveness. Thus, the amount of collected recyclable materials is growing. In 2024 alone, over 1.65 million tons of recyclable materials were sorted and sent for recycling, while before the program began in 2019, it was only 450 thousand tons.

To make the process of separate waste collection as convenient as possible, a simple two-container system was chosen.

“Branded containers with blue and grey markings have been installed in courtyards and near social facilities. Waste paper, glass, plastic and metals can be thrown into the former, and other waste can be thrown into the latter. Waste collection and removal is carried out by about one thousand garbage trucks with the appropriate colour indication,” said Pyotr Biryukov.

The contents of the bins are taken to sorting plants. Here, using automatic separators and under the supervision of specialists, the recyclables are separated into dozens of components – various types of plastic and waste paper, glass of different colors, ferrous and non-ferrous metals. Then all of this is sent for recycling.

The waste separation program will continue, and participation in it remains voluntary.

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.

Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

https: //vv.mos.ru/nevs/ite/149945073/

MIL OSI Russia News –

February 11, 2025
MIL-OSI Russia: A modern multifunctional space will be created in Kommunarka under the KRT program

Translartion. Region: Russians Fedetion –

Source: Moscow Government – Government of Moscow –

In Kommunarka, a 3.13-hectare site will be reorganized under the integrated territorial development program (ITD). A draft of the corresponding decision already published on the mos.ru portal. This was reported by the Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.

“A modern multifunctional space will be created on the territory between Edvarda Griga and Lipovy Park streets. The project involves the construction of a sports cluster and other public and business facilities here. Investments in the development of the site will amount to 7.6 billion rubles, and the annual budget effect will be 169.14 million rubles. As a result, the city will receive over 270 jobs,” said Vladimir Efimov.

The reorganized territory has high transport accessibility – the Potapovo metro station and the Solntsevo-Butovo-Varshavskoye Shosse highway are nearby.

“The development area of the site in Kommunarka will be 40.6 thousand square meters. It is planned to create a sports cluster here, which will include, among other things, an extreme sports center and an open sports ground. A medical center and a parking lot for 550 cars will also appear on the territory. The implementation of the project will provide local residents with the necessary infrastructure,” said the Minister of the Moscow Government, head of the capital’s Department of City Property

Maxim Gaman.

According to the program of integrated development of territories, multifunctional city blocks are created, where roads, comfortable housing and all necessary infrastructure are designed on the site of former industrial zones and inefficiently used areas. Currently, 302 KRT projects with a total area of about 4.2 thousand hectares are at various stages of development and implementation in Moscow. This work is carried out on behalf of Sergei Sobyanin.

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.

Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

https: //vv.mos.ru/nevs/ite/149933073/

MIL OSI Russia News –

February 11, 2025
MIL-OSI Russia: About 4.7 thousand city residents received apartments under the renovation program in the Nizhny Novgorod district of the capital

Translartion. Region: Russians Fedetion –

Source: Moscow Government – Government of Moscow –

In the Nizhny Novgorod district of the capital, about 4.7 thousand residents of old houses included in the renovation program received apartments in modern new buildings. This was reported by the Minister of the Moscow Government, Head of the Department of City Property Maxim Gaman.

“The first five-story building under the renovation program in the Nizhegorodsky District began to be resettled in February 2019. More than 170 residents of the third building of house 104 on Nizhegorodskaya Street received letters offering equivalent apartments. At the end of the following year, Muscovites from three old buildings joined them, in 2022 – from six more, and in 2023 – from 15. Now, out of 92 buildings in the district included in the current renovation program, resettlement has already affected 30. About 4.7 thousand city residents have become owners of modern housing here,” said Maxim Gaman.

Thus, residents of almost a third of the houses being resettled under the renovation program have completed paperwork for apartments in new buildings.

“In the Nizhny Novgorod district, the city transferred five new buildings for resettlement of residents from 30 old houses under the renovation program. As of today, 26 buildings have been completely resettled. About 1.5 thousand residents have already moved into new apartments. The areas near the new buildings have been improved: comprehensive landscaping was carried out there, children’s and sports playgrounds were equipped, as well as recreation areas for city residents,” noted the Minister of the Moscow Government, head of the capital’s Department of Urban Development Policy

Vladislav Ovchinsky.

Participants in the renovation program who have a full account on the mos.ru portal can use the super service “Moving under the renovation program” and choose a convenient time and date for viewing the proposed housing, and after the draft contract is ready – the day for signing it. If necessary, an appointment with a notary is available – this is necessary if there are minors, persons with partial or complete incapacity among the owners. In addition, with the help of the service, you can call movers for free to move from an old apartment to a new one.

The super service also offers help in preparing for the move general instructions, noted in the capital’s Department of Information Technology. From it you can find out how the relocation is organized, get information about the necessary documents for drawing up a contract, and also use links to useful services. If you configure the parameters of the move, you will be able to read the instructions for a specific life situation.

Previously Sergei Sobyanin congratulated The 200,000th resident who has begun resettlement under the renovation program.

The renovation program was approved in August 2017. It concerns about a million Muscovites and provides for the resettlement of 5,176 houses. Sergei Sobyanin instructed to double the pace of implementation of the renovation program.

Moscow is one of the leaders among regions in terms of construction volumes. High rates of housing construction correspond to the goals and initiatives national project “Infrastructure for Life”.

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.

Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

https: //vv.mos.ru/nevs/ite/149938073/

MIL OSI Russia News –

February 11, 2025
MIL-OSI Russia: More than 60 lanterns were installed near new buildings under the renovation program in the Koptevo district

Translartion. Region: Russians Fedetion –

Source: Moscow Government – Government of Moscow –

More than 60 lanterns have been installed near three residential complexes under the renovation program in the north of the capital in the Koptevo district. This was reported by the Minister of the Moscow Government, Head of the Department of Urban Development Policy Vladislav Ovchinsky.

Creating a high-quality urban environment is one of the main tasks of the renovation program. The area around new buildings is being improved: comprehensive landscaping is being carried out, playgrounds and sports grounds, recreation areas are being equipped, and CCTV cameras and lights are being installed.

“Three new buildings were erected and handed over for occupancy in the Koptevo district under the renovation program. For the comfort and safety of residents, 62 outdoor lighting fixtures were installed there. The largest number of them is in the residential complex in Cherepanov Drive – 37. In 3rd Novomikhalkovsky Drive – 17, and another eight are in Sobolevsky Drive,” Vladislav Ovchinsky specified.

Earlier Sergei Sobyanin congratulated The 200,000th resident who has begun resettlement under the renovation program.

All information about the renovation program is presented on the mos.ru portal. You can find out more about apartments and houses under the program by link.

The renovation program was approved in August 2017. It concerns about a million Muscovites and provides for the resettlement of 5,176 houses. Earlier, Sergei Sobyanin instructed to double the pace of implementation of the renovation program.

Moscow is one of the leaders among regions in terms of construction volumes. High rates of housing construction correspond to the goals and initiatives of the national project “Infrastructure for life”.

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.

Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

https: //vv.mos.ru/nevs/ite/149940073/

MIL OSI Russia News –

February 11, 2025
MIL-OSI Africa: World Health Organization (WHO) Donates Essential Medical Equipment to Combat Marburg Outbreak in Tanzania

Source: Africa Press Organisation – English (2) – Report:

Download logo

In the face of the ongoing Marburg Virus Disease (MVD) outbreak in Kagera, Tanzania, frontline health workers and local communities have received vital support from the World Health Organization (WHO) and partners through the provision of over 3 tons of essential medical supplies, including Viral Hemorrhagic Fever (VHF) kits, ultrasound machines, blood pressure cuffs, pulse oximeters, and equipment worth 30,000USD to help care for ill patients.

The kits, containing essential medical supplies, are part of an effort to bolster the response efforts of frontline healthcare workers. Each kit includes vital items to protect health workers and effectively treat those affected by the disease.

For Dr Noel Saitoti, the team lead for frontline health workers at the treatment centre, the donation is seen as a crucial step in managing the crisis. “This equipment will significantly improve our ability to care for the critically ill,” Dr. Saitoti said. “The support from WHO and partners has been invaluable in ensuring that we have the tools and resources necessary to save lives and protect our healthcare teams.”

In addition to the donated supplies, WHO and partners have been providing ongoing technical, logistical, and operational assistance. This includes case management expertise, setting up treatment and isolation centres, intensive surveillance, coordination, and Risk Communication and community engagement. WHO has also provided trainings for healthcare and Community health workers, to ensure the outbreak is contained and the health system remains resilient.

Dr Charles Sagoe Moses, WHO’s Representative to Tanzania, commended the collective efforts in tackling the outbreak. He stated, “Since the declaration of this outbreak by President Samia Suluhu Hassan and WHO’s Director General Dr. Tedros, we have seen exceptional collaboration and coordination across all sectors to fight this deadly virus,”said Dr Charles Sagoe-Moses. We believe that with these resources, alongside your leadership and the tireless efforts of healthcare workers, we can strengthen our response capacity and ultimately save more lives.”

Similarly, Dr. Godwin Mollel, the Deputy Minister of Health, who received the medical items, expressed gratitude to WHO and partners for the ongoing support to curb the spread of the virus and end it in an opportune time.

He encouraged, “Collaboration, coordination, and community engagement are essential to curtailing the spread of MVD and ensuring long-term health security”.

The collaboration between the Government of Tanzania, WHO, and other partners continues to be pivotal in the response to the Marburg outbreak. As the situation evolves, the commitment to effective case management, collaborative surveillance, coordination, and community engagement remains key to curbing the spread of MVD and ensuring the long-term health security of Tanzania’s citizens.

Distributed by APO Group on behalf of World Health Organization – United Republic of Tanzania.

MIL OSI Africa –

February 11, 2025
MIL-OSI United Kingdom: Manchester’s First Street Hub reaches completion milestone
Source: United Kingdom – Executive Government & Departments

A new state-of-the-art government office building in Manchester’s city centre has hit a key stage in its construction.
A new state-of-the-art government office building in Manchester’s city centre has hit a key stage in its construction.

The Government Property Agency (GPA) has confirmed it has accepted the handover of its new hub in First Street after the building reached practical completion of its Category A (Cat A) fit out and lease commencement. Works were completed by BAM Construct UK appointed by developer Ask Real Estate.

This latest milestone continues the countdown to ready for service, with the nine-storey circa 12,000 square metre building now ready for the internal fit-out to commence.

Once complete the hub will accommodate around 2,600 civil servants from departments including the Ministry for Housing, Communities and Local Government (MHCLG), the Department for Business and Trade (DBT), the Office for Standards in Education (OFSTED), and the Department for Education (DfE). It is expected that more than 150 roles will be relocated to Manchester from across several different government departments and agencies once the hub is operational.

The building forms part of the Government Hubs Programme supporting economic growth across the UK. The programme is rationalising the government’s estate in towns and cities across the UK, playing a pivotal role in delivering modern, customer-focused and varied workspaces where civil servants can thrive. The design recognises that different types of work require different spaces to enable collaboration, creativity and community regardless of how people choose to work.

Parliamentary Secretary for the Cabinet Office, Georgia Gould, said:

It’s great to see the Manchester First Street Hub move onto this next stage of construction.

UK Government Hubs across the country help to consolidate our estate. Not only cutting waste by removing old inefficient buildings from our portfolio, but also giving people across the country the chance to work in the Civil Service, and driving economic growth in the local area.

Georgina Dunn, the GPA’s Interim Director of Capital Projects, said:

It’s very gratifying to reach this significant stage in the programme. This new state-of-the-art office will provide a home for civil servants from across the government in Manchester, making it one of the largest hubs for cross-departmental collaboration and operation outside London. The GPA remains immensely proud of the industry-leading sustainability, accessibility and workplace standards delivered by the Government Hubs Programme.

A competitive tender process for the subsequent fit-out works has completed with the GPA due to make an announcement in the next few weeks.

John Hughes, Managing Director at Ask Real Estate said:

Bringing the GPA hub to practical completion is a huge testament to our commitment to driving sustainability in the workplace sector. Achieving a NABERS 5.5 Design for Performance rating – the first building in Manchester City Centre to reach this milestone – supports the high ambitions set by HM Government.

First Street and its extended neighbourhood will be boosted significantly when the GPA takes occupation.

The £105m development was forward-funded by Pension Insurance Corporation (PIC), a specialist insurer of defined benefit pension funds, which will use the secure, long-dated and index-linked cashflows to pay the pensions of its policyholders over the coming decades.

James Agar, Head of Real Estate Origination at PIC, added:

We are delighted to have reached practical completion on such an important project for PIC. The First Street hub is a great example of what can be achieved through public private partnerships.

The sustainability and ESG focus of this best-in-class building are clear to see, these were a key element of our investment case for the asset which will help us to pay the pensions of our policy holders.

The building deepens our relationship with the GPA and will assist the UK Government in delivering the transition to Net Zero. We look forward to the GPA taking formal occupation of the building and welcoming more than 2,500 civil servants to the site.

The First Street Hub is in the heart of Manchester and a few minutes’ walk from Oxford Road and Deansgate rail stations. It has been designed to be class-leading, meeting inclusive and accessible design standards.

Lead developer Ask Real Estate and its joint venture partner, Richardson, secured a full pre-let of the Grade A BREEAM Excellent office building to the GPA which then signed a lease with building owners PIC in 2022.

For more information contact the GPA’s comms team: comms@gpa.gov.uk

Share this page

The following links open in a new tab

Share on Facebook (opens in new tab)

Share on Twitter (opens in new tab)

Updates to this page

Published 11 February 2025
MIL OSI United Kingdom –
February 11, 2025
MIL-OSI Russia: NSU hosted the first YADRO Winter School “Programming for RISC-V”

Translartion. Region: Russians Fedetion –

Source: Novosibirsk State University – Novosibirsk State University –

The winter school began long before the in-person stage — with a course of lectures on RISC-V architecture. Throughout January, students who passed the selection listened to lectures from professionals in an online format. After the lecture stage, testing was conducted, in which more than 300 people from all over the country took part. Based on its results, participants were selected for the project stage, which took place in person from February 3 to 8. All of them showed a very high level of preparation.

— We are formulating the following goals for the Winter School: on the one hand, we certainly wanted the students to have more knowledge, skills and abilities in the field of RISC-V as a promising technology and as a technology that is interesting to YADRO as a company. On the other hand, we believe that within the framework of the Winter School, students have the opportunity to acquire skills in a fairly short period of time that will be useful to them when they are selected for the summer internship “Impulse”, which will take place this year. In a broad sense, the goal is to provide technologies and prepare for selection for an internship in the company, — noted Mikhail Salamatov, Head of the Department for Development of Educational Programs at YADRO.

At the in-person stage, NSU gathered not only students from our university, but also guests from the Siberian State University of Telecommunications and Informatics and universities of St. Petersburg. There were 15 participants in total. NSU was represented by guys from Faculty of Information Technology And Faculty of Mechanics and MathematicsNext year, there are plans to attract students from other specialized faculties of NSU.

— Throughout the preparation stage and during the Winter School, many technical problems related to the distributed format of the Winter School were solved: the school was held simultaneously in several clusters across the country. The participants were able to offer original solutions to complex project tasks, got acquainted with the new, previously unfamiliar RISC-V architecture and gained tremendous experience in working in a team. I believe that we, as organizers, also gained a lot of experience in holding such events. I really hope that next year we will hold the Winter School at NSU with even more active participation of students from other regions, — said Alexander Vlasov, PhD in Engineering, Associate Professor, Deputy Dean of the Faculty of Information Technology for Master’s Degree, Head of the YADRO Laboratory at NSU, Director of the RISC-V Winter School.

Over the course of 6 days, teams worked on a research project under the guidance of their mentors and then presented the results of their work. The project topics were known in advance. Participants had to choose one of the topics when registering for the Winter School. Selection for project work consisted of passing an online test, where the participant had to demonstrate that they had the knowledge necessary to complete the project they had chosen.

NSU projects that the participants worked on:

-Watermark Risk-B;

-Butstrap risk-B;

– Benchmark for a processor based on the RISC-V architecture.

— Our team implemented the project “Watermark RISC-V” — creation of a steganography method for detecting sources of leakage of private software written in RISC-V.

Participation in the Winter School broadened my horizons and deepened my understanding of the principles of hardware operation. I gained experience working with microcomputers based on a processor with a young and promising RISC-V architecture, which I had not encountered before.

It is nice that the university holds events on such interesting topics. This will help students decide what they are interested in, as well as start taking the first steps in their career. The project part of the Winter School was held in a friendly, pleasant atmosphere, working on the tasks was quite exciting. I think each student gained valuable experience that will be useful in the future, – shared his impressions Zhora Babayan, a participant of the Winter School, a 4th-year student of the Faculty of Information Technology of NSU.

— Our team’s goal was to study a miniature operating system written for x86 processors and port it to the open RISC-V architecture. There were many difficulties during the project. Among other things, we had to learn how to run at least some code on RISC-V, which took us a lot of time, and also read a couple dozen lines of code written in assembler and figure them out. There were many tasks, but little time. We managed to do some things, and had to abandon others. But I’m happy with the results!

Apart from me, everyone on the team was from NSU. All the guys were very strong, so we easily split into groups and worked in parallel. We were also very lucky with the project curator – NSU lecturer Dmitry Valentinovich Irtegov – a man with a huge store of knowledge, who could answer any question posed.

Participation in the Winter School was a very interesting experience for me, including because of the new location for me. Compared to St. Petersburg, Novosibirsk (or rather, Akademgorodok) has much more snow, and it is much cleaner, which was a pleasant surprise for me. There are also many more trees and much less noise and city bustle, – Alexander Sergeev, a 3rd-year student of the ITMO Faculty of Information Technology and Programming, a member of the Bootstrap RISC-V team, said about his experience of participating in the YADRO Winter School.

All students who defended their projects were given the opportunity to continue working on them within the YADRO laboratory at NSU.

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 –

February 11, 2025
MIL-OSI China: Beijing’s new mega exhibition center to hold first event

Source: China State Council Information Office 2

Beijing’s Capital International Convention and Exhibition Center will hold the 35th China International Audio Service, Products & Equipment Exhibition from Feb. 21 to 24, making it the first exhibition held in the center since its completion at the end of last year.
The exhibition center is the largest single-building comprehensive convention and exhibition venue in Beijing, featuring the most complete range of functions. It has 210,000 square meters of indoor exhibition space and 50,000 square meters of outdoor exhibition space.
The venue consists of a conference center, a hotel, nine exhibition pavilions and three entry halls. The conference center covers some 15,000 square meters, capable of accommodating 9,000 attendees simultaneously.
The auto equipment exhibition scheduled for late February will include a variety of categories, including car modifications and smart electronic products, recreational vehicles and accessories, outdoor camping products, automotive cockpit electronics and premium items, car beauty and maintenance products, auto lubricants, and car wash equipment.
Nearly 6,000 companies are expected to participate in the exhibition and showcase over 180,000 products, including more than 5,000 brand new wares, which account for 80% of the industry’s annual new product releases. The event is anticipating attendance of 150,000 industry professionals and nearly 100,000 general attendees.
In addition to the auto showcase, the exhibition center will stage six more major exhibitions in the first half of this year.

MIL OSI China News –

February 11, 2025
MIL-OSI China: Traditional folk dance as cultural link

Source: China State Council Information Office 3

Drawn by the rhythmic beats of drums and spirited shouts, Thanita Raemee, a 20-year-old Thai exchange student, navigated through winding streets and bustling alleys until she arrived at the dynamic training grounds of the Ximen Women’s Yingge Dance Team.

Founded in 1952, this pioneering all-female team is the first of its kind in the Chaoshan region of south China’s Guangdong Province, with members ranging from teenagers to nearly 80-year-olds. Performers come from all walks of life — spirited young girls, agile middle-aged men, and even food delivery workers dancing between shifts.

The Yingge dance, or “dance to the hero’s song,” is a form of folk dance popular in south China’s Guangdong Province. Dating back to the Ming Dynasty (1368-1644), this traditional dance is often performed during traditional Chinese festivals. As a dynamic blend of theater, dance, and martial arts, it was listed among the first batch of national intangible cultural heritage in 2006.

Once a traditional folk performance, Yingge dance saw a recent surge in popularity. Videos of its energetic routines have flooded social media, earning it the title of the “ultimate Chinese New Year atmosphere booster.”

While men’s Yingge performances are inspired by the legendary “Water Margin,” one of the four great classical novels in Chinese literature, the women’s routines often draw from the tales of legendary Chinese heroines like Mu Guiying and Hua Mulan.

Thanita watched in awe as the dancers moved in perfect unison, their forms embodying both strength and grace.

“Incredible! How do they stay so synchronized? Compared to traditional Thai dance, this feels much more powerful and rhythmic — it’s exhilarating!” she exclaimed.

“Most of our members are under 20, balancing their studies and work. They train purely out of passion,” said the team’s coach Wu Yanhua, who left her job as a kindergarten teacher to focus on the team’s revival in 2011.

That passion was evident in every interaction. “My teammates take turns helping me with childcare. Yingge dance is part of my life — I even dream about it,” said a team member Zhou Yixiang while gently rocking her five-month-old baby in a stroller.

Six-year-old Huang Kexin eagerly demonstrated snake-dance moves she had just learned, hopping and twirling with a delightful burst of playful energy. Meanwhile, 11-year-old Lin Yahan patiently taught Thanita how to grip the Yingge hammer properly, while her twin sister nodded in encouragement.

During the recently concluded Spring Festival holiday, homestay tourism flourished across China. Shantou, a key city in Chaoshan known for its rich New Year traditions, saw bookings soar 13 times from last year. Lion dance, Yingge dance and other traditional performances have become festival favorites.

Thanita has family roots in Chaoshan — her father is an overseas Chinese descendant. For her, Yingge dance serves as a bridge between Chinese and Thai cultures. In fact, many in Thailand are already familiar with the dance.

In early 2023, a Thai Yingge team’s electrifying performance at a shopping mall in Thailand went viral, and later that year, the Yingge cultural exchange group from Thailand visited Chaoshan to engage with local dancers.

This year, Yingge dance teams from Shantou have also been invited to perform on multiple overseas stages for the Spring Festival celebrations.

Organized by the Department of Culture and Tourism of Guangdong Province, the 25-member Yingge team toured Germany and France from Jan. 28 to Feb. 4. They performed in cities like Hanau, Frankfurt, Paris, and Lyon, sharing the vibrant charm of Yingge dance.

Studying international Chinese education at Shantou University, Thanita deeply admires the dedication and enthusiasm of Yingge performers.

“One of my goals in coming to China was to explore the traditions my ancestors once lived by. Yingge has expanded my understanding of Chaoshan and Chinese culture while revealing the cultural ties between China and Thailand,” she said.

MIL OSI China News –

February 11, 2025
MIL-OSI New Zealand: Fatal crash: Mouse Point Road, Hurunui

Source: New Zealand Police (District News)

Police can confirm one person has died following a crash in Hurunui this afternoon.

The two-vehicle crash on Mouse Point Road was reported just after 4:20pm.

The person died at the scene, no further injuries were reported.

The road remains closed while the Serious Crash Unit conduct a scene examination.

ENDS

Issued by Police Media Centre

MIL OSI New Zealand News –

February 11, 2025
MIL-OSI Europe: Press release – EP TODAY, Tuesday, 11 February
Source: European Parliament 3

EU response to tariff threats from the Trump administration

From 9.00, plenary will debate with Commissioner Šefčovič and Polish Minister for EU Affairs Szłapka the current state of EU-US trade relations, multilateralism and the EU’s potential responses if the US imposes tariffs on European products.

Eszter ZALÁN

(+32) 477 99 20 73

EP Trade

Three years of Russia’s war in Ukraine

Starting around 10.00, MEPs will assess the impact of Russia’s three-year long war against Ukraine and the EU’s unwavering support for the country, in a debate with Commissioner Kos and Polish Minister for EU Affairs Adam Szłapka. They will vote on a resolution during the March plenary session. Ruslan Stefanchuk, Chairman of the Ukrainian Verkhovna Rada, will address MEPs in a formal sitting at noon.

Viktor ALMQVIST

(+32) 470 88 29 42

EP_ForeignAff

Snjezana KOBESCAK SMODIS

(+32) 470 96 08 19

EP_ForeignAff

EU’s strategy for the Middle East

At around 15.00, MEPs will discuss the latest developments in the Middle East and a future EU strategy for the region, in a debate with Commissioner Šuica and Polish Minister for EU Affairs Szłapka.

Snjezana KOBESCAK SMODIS

(+32) 470 96 08 19

EP_ForeignAff

Viktor ALMQVIST

(+32) 470 88 29 42

EP_ForeignAff

Digital Services Act/Media seminar

Starting at 14.00, Parliament’s Press Service will organise a press seminar on “Defending Europe’s Digital Integrity: Addressing Social Media Challenges and Foreign Interference” with the participation of leading MEPs on the issue. You can follow the seminar live.

Yasmina YAKIMOVA

(+32) 470 88 10 60

EP_SingleMarket

In brief

US restriction of chips exports to EU countries. Plenary will quiz Commission Vice-President Virkkunen on how to address the US decision to restrict the export of chips used for artificial intelligence models to certain EU member states, from around 20.00.

Violence escalation in Congo. Parliament will assess the conflict and humanitarian crisis in the Democratic Republic of Congo (DRC) with the Council and Commission, in a debate starting around 16.00. A resolution will be put to a vote on Thursday.

Protecting the system of international justice. In the evening, starting around 21.00, plenary will discuss defending the system of international justice and its institutions, in particular the International Criminal Court and the International Court of Justice., with Commissioner McGrath and Polish Minister for EU Affairs Szłapka.

Health care sector. The challenges posed by a shortage of healthcare professionals across the EU, as well as the quality of jobs in the sector, will be the focus of a debate with Commission Vice-President Mînzatu in the early afternoon, immediately after the voting session.

Anti-government unrest in Serbia. From around 17.00, MEPs will analyse with Commissioner Kos and Polish Minister for EU Affairs Szłapka the situation in Serbia, where a deadly railway station canopy collapse has sparked an anti-corruption movement and student-led protest against the government.

Votes

Plenary will vote at 12.00 among others on:
- an updated fisheries agreement with Cabo Verde, and
- Parliament’s assessment of ECB’s activities in 2024.
Live coverage of the plenary session can be found on Parliament’s webstreaming and on EbS+.

For detailed information on the session, please also see our newsletter.

Find more information regarding plenary.
MIL OSI Europe News –
February 11, 2025

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

Source: GlobeNewswire (MIL-OSI)

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

Date on which the tranche was announced: 5 February 2025.

The duration of the tranche: 6 February to no later than 2 April 2025.

Further information on the tranche can be found in the stock market announcement on its commencement dated 5 February 2025, available here: https://newsweb.oslobors.no/message/637712

From 6 February to 7 February 2025, Equinor ASA has purchased a total of 1,200,000 own shares at an average price of NOK 266.0754 per share.

Overview of transactions:

Date	Trading venue	Aggregated daily volume (number of shares)	Weighted average share price (NOK)	Total transaction value (NOK)

6 February	OSE	600,000	269.0584	161,435,040.00
	CEUX
	TQEX

7 February	OSE	600,000	263.0924	157,855,440.00
	CEUX
	TQEX

Total for the period	OSE	1,200,000	266.0754	319,290,480.00
	CEUX
	TQEX

Previously disclosed buy-backs under the tranche	OSE
	CEUX
	TQEX
	Total

Total buy-backs under the tranche (accumulated)	OSE	1,200,000	266.0754	319,290,480.00
	CEUX
	TQEX
	Total	1,200,000	266.0754	319,290,480.00

Following the completion of the above transactions, Equinor ASA owns a total of 69,743,662 own shares, corresponding to 2.50% of Equinor ASA’s share capital, including shares under Equinor’s share savings programme (excluding shares under Equinor’s share savings programme, Equinor owns a total of 62,356,027 own shares, corresponding to 2.23% of the share capital).

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

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

Contact details:

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

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

Attachment

Detailed overview of transactions

The MIL Network –

February 11, 2025

MIL-OSI Economics: Tiff Macklem: Structural change, supply shocks and hard choices

Source: Bank for International Settlements

Good afternoon. I’m pleased to be able to join you virtually to talk about the challenges that lie ahead for central banks. There’s a lot to discuss.

But my first order of business is to congratulate and thank Agustín Carstens for his leadership as General Manager of the Bank for International Settlements (BIS). Your term, Agustín, has been marked by significant global upheaval-from pandemic shutdowns to war in Europe and double-digit inflation. These past few years have not been easy.

Through it all, you have been a source of unwavering wisdom. Your clear thinking in the face of the unknown, your long view and your deep understanding of our global interdependence-all combined with the experience and pragmatism of a former minister of finance and then central bank governor-have made you an invaluable leader.

More than that, through the BIS, you’ve brought us together with your friendship and your ability to get directly to the heart of the issue. You’ve helped us learn from each other. And you’ve made us better together.

I know there will be an opportunity to celebrate you in Basel as your retirement in June approaches. But I wanted to recognize your exceptional leadership in your home country. For those of us in the Americas, your special interest in our region has been deeply appreciated. Whatever you do next, I know Mexico and the Americas will be an important part. Thank you, my friend.

Now, let me turn to the challenges ahead. We are facing a global economic landscape that has shifted in recent years, and this shift has important implications for central banks.

As Agustín has highlighted in a series of insightful speeches, the structural tailwinds of peace, globalization and demographics are turning into headwinds-and the world looks increasingly shock-prone.

Higher long-term interest rates, elevated sovereign debt, slower economic growth and lagging productivity make all of our economies more vulnerable. Compounding these vulnerabilities are war, rising trade protectionism and economic fragmentation. In addition, new technologies-including artificial intelligence-are set to disrupt existing industries and create new ones. And we are seeing more frequent catastrophic weather events as the impacts of climate change become more pervasive.

As 2025 begins, we are facing new uncertainty with a shift in policy direction in the United States. President Donald Trump’s threats of new tariffs are already affecting business and household confidence, particularly in Canada and Mexico. The longer this uncertainty persists, the more it will weigh on economic activity in our countries.

If significant broad-based tariffs are indeed imposed, they will test the resilience of our economies in the short run and reduce long-run prosperity. Tariffs mean economies work less efficiently. There will be less investment and lower productivity. That means our countries will produce less and earn less. Monetary policy can’t change that.

What monetary policy can do is help with the short-run adjustment. But even here, monetary policy has to strike a balance. Significant, broad-based tariffs will sharply reduce demand for our exports. At the same time, a weaker exchange rate, retaliatory tariffs and supply chain disruptions will raise import prices, putting upward pressure on inflation.

With a single instrument-our policy interest rate-central banks can’t lean against weaker output and higher inflation at the same time. So we will need to carefully assess the downward pressure on inflation from weaker economic activity, and weigh that against the upward pressures from higher input prices and supply chain disruptions.

Other structural headwinds pose similar challenges for monetary policy. They’ll impact both demand and supply, slowing growth while adding cost. Monetary policy cannot address these headwinds directly or offset their economic consequences.

In a world with more structural change and more negative supply shocks, central banks will be faced with harder choices. And harder choices bring risks of public disappointment and frustration. We will face criticism about our decisions-and about how well monetary policy is seen to have worked when confronted with forces that are mostly out of our hands. We will be called ineffective or criticized for not doing enough. And some will challenge our independence.

So, what can all of us do?

First, we can be humble about what we don’t know, but also confident in the effectiveness of our frameworks. We didn’t get everything right through the pandemic. And elevated inflation and higher interest rates have been difficult for our citizens. But in Canada, as in many other countries, inflation has come down. And we restored low inflation without causing a recession or major job losses.

Guided by our frameworks, we can maintain confidence in price stability.

Second, we can be just as clear about what monetary policy cannot do. There will always be forces beyond our influence, and while we need to understand those forces, we should also be clear that understanding is not the same as controlling. And we need to avoid the temptation to overload monetary policy by expecting more of it than it can deliver.

Third, we can recognize that the world has changed. Structural headwinds and supply shocks require different types of information and analysis. This means investing in richer information about the supply side of the economy and building models that can analyze sectoral shocks and their transmission. It means reaching out and listening to households and businesses. It means looking at our economies through different lenses, regularly challenging our assumptions, and using scenarios to help manage uncertainty.

Fourth, let’s acknowledge that working together has never been easy and it’s getting harder. But let’s also remember that it’s important. We are more effective if we confront our shared challenges together. The shared resolve of central banks to fight the post-pandemic surge in inflation helped all of us bring inflation down. This was a positive international spillover and, together, we can generate other positive international spillovers.

Finally, we need to remain evidence-based, technocratic and professional, and free of political influence. We need to be open, accountable and transparent. And we need to be learning institutions-when faced with valid criticism, we should critically evaluate our policy actions and be willing to improve. Being independent and accountable and continuously learning is how we build trust.

The world is a tougher place today than it was a few short years ago. And facing the headwinds before us will not be easy. But that’s why we have independent central banks-we are designed for tough times.

I look forward to hearing from my esteemed colleagues on this panel.

MIL OSI Economics –

February 11, 2025
MIL-OSI Africa: Secretary-General’s message on the International Day of Women and Girls in Science [scroll down for French version]

Source: United Nations – English

en years ago, the first International Day of Women and Girls in Science recognized a fundamental truth: women’s participation is essential for building a better world through science and technology. I saw that enormous potential firsthand when I was teaching engineering, and I saw the remarkable talent, creativity, and determination of countless women scientists.

Yet today, women still represent just one-third of the global scientific community. Deprived of adequate funding, publishing opportunities and leadership positions in universities, women and girls continue to face an uphill battle in building careers in science, technology, engineering and math (STEM).

Look no further than the development of new digital technologies. Men dominate the field at every level—including in Artificial Intelligence. The result is a surge of biased algorithms and embedded inequality, risking a new era of digital chauvinism.

The more that women are excluded from STEM, the more we limit our collective power to address urgent global challenges, from climate change and food security to public health and technological transformation.

We can and must do more to level the playing field

By expanding scholarships, internships and mentorship opportunities to open doors for women and girls in STEM; creating workplaces that attract, retain and advance women in science; encouraging girls’ engagement in STEM from an early age; championing women leaders in science through the media; and dismantling gender stereotypes.

The Pact for the Future, agreed last September by Member States, gives renewed momentum to these goals by committing to address barriers preventing the full, equal and meaningful access for women and girls in scientific fields.

On the tenth anniversary of this important day, and as we reflect on 30 years since the Beijing Declaration, let’s help pave a path to STEM careers that women and girls deserve – and our world needs.

***
Il y a dix ans, la première Journée internationale des femmes et des filles de science consacrait une vérité fondamentale : la participation des femmes est essentielle pour bâtir un monde meilleur grâce à la science et à la technologie. J’ai pu constater par moi-même l’incroyable potentiel des femmes lorsque j’enseignais l’ingénierie, et j’ai vu le talent, la créativité et la détermination remarquables d’innombrables femmes de science.

Or, à l’heure actuelle, les femmes ne représentent qu’un tiers des scientifiques dans le monde. Privées de financements adéquats, de possibilités de publication et de postes de direction dans les universités, les femmes et les filles ont encore d’innombrables obstacles à surmonter pour faire carrière dans le domaine des sciences, de la technologie, de l’ingénierie et des mathématiques (STIM).

Pour s’en convaincre, il suffit d’observer le développement des nouvelles technologies numériques. Les hommes dominent le secteur à tous les niveaux, notamment dans l’intelligence artificielle. Il en résulte un déferlement d’algorithmes biaisés qui perpétuent des inégalités bien ancrées et risquent d’ouvrir une nouvelle ère de machisme numérique.

Plus les femmes sont exclues des STIM, plus nous limitons notre capacité collective de relever les défis urgents qui se posent dans le monde, qu’il s’agisse des changements climatiques, de la sécurité alimentaire, de la santé publique ou de la transformation technologique.

Nous pouvons et devons en faire plus pour que les femmes aient véritablement les mêmes chances que les hommes :

Il nous faut élargir les programmes de bourses d’études, de stage et de mentorat afin d’ouvrir aux femmes la porte des STIM ; créer dans ce secteur des lieux de travail qui attirent et retiennent les femmes et dans lesquels elles peuvent progresser ; encourager les filles à s’engager sur la voie des STIM dès leur plus jeune âge ; promouvoir, dans les médias, le leadership des femmes dans le domaine de la science ; venir à bout des stéréotypes de genre.

Le Pacte pour l’avenir, adopté par les États Membres en septembre dernier, crée une nouvelle dynamique pour la réalisation de ces objectifs. En effet, les États Membres s’y sont engagés à lever les obstacles qui empêchent les femmes et les filles d’accéder pleinement et véritablement, dans des conditions d’égalité, aux filières scientifiques.

En ce jour où nous célébrons, pour la dixième année, cette importante journée, et alors que nous réfléchissons aux 30 années qui se sont écoulées depuis l’adoption de la Déclaration de Beijing, agissons pour que les femmes et les filles puissent mener, dans le domaine des STIM, les carrières qu’elles méritent – et dont le monde a besoin.

MIL OSI Africa –

February 11, 2025
MIL-OSI Russia: Yuri Trutnev visited industrial enterprises of Komsomolsk-on-Amur

Translartion. Region: Russians Fedetion –

Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

Yuri Trutnev visited industrial enterprises of Komsomolsk-on-Amur

February 11, 2025

Yuri Trutnev visited industrial enterprises of Komsomolsk-on-Amur

February 11, 2025

Yuri Trutnev visited industrial enterprises of Komsomolsk-on-Amur

February 11, 2025

Previous news Next news

Yuri Trutnev visited industrial enterprises of Komsomolsk-on-Amur

As part of his working visit to Khabarovsk Krai, Deputy Prime Minister and Presidential Plenipotentiary Representative in the Far Eastern Federal District Yuri Trutnev visited the enterprises of PJSC UAC in Komsomolsk-on-Amur – the Komsomolsk-on-Amur Aviation Plant named after Yuri Gagarin (KnAAZ) and the production center of PJSC Yakovlev, where the Superjet-100 is assembled, and also visited the investment site for the production of the Baikal aircraft and got acquainted with the work of the Amur Shipbuilding Plant of USC. The Deputy Prime Minister was accompanied on his trip by the Governor of Khabarovsk Krai Dmitry Demeshin.

At KnAAZ, Yuri Trutnev inspected a new titanium alloy processing shop, an assembly line, including a final assembly shop for Su-35S and Su-57 aircraft, and the construction of new flight test station facilities. The implementation of the project to build facilities and new industrial capacities at KnAAZ are necessary to increase the serial production of fifth-generation aircraft. The Deputy Prime Minister was shown areas where work is being carried out within the framework of cooperation: on the import-substituting Superjet-100 and MS-21.

In the technocomplex of the production center of PAO Yakovlev, Yuri Trutnev was shown the first line in Russia for the production of doors for the import-substituted version of the Superjet – previously, these units were manufactured abroad. Doors manufactured on the new line meet the most modern aviation safety standards. A specialization center for the production of doors for other Russian civil aircraft is being created on the basis of the technocomplex.

In the final assembly shop, the director of the production center Andrey Soynov spoke about the current work and prospects of the enterprise. The center, which employs more than 1 thousand people, is preparing for the serial production of fully import-substituted Superjet-100 aircraft. The production modernization program provides for the expansion of the final assembly shop to organize a straight-through conveyor and the construction of a new hangar for the flight test station. The production capacity of the updated enterprise will be at least 20 Superjet-100 aircraft per year.

“The supply of domestic aircraft for air transportation in the Far East is our priority task. We, like no one else, understand the need to connect the cities of our region. The Yakovlev company has already concluded an agreement on the supply of Superjets to the Aurora airline, and we will make every effort to fulfill this order,” Andrey Soynov emphasized.

As part of his trip to Komsomolsk-on-Amur, Yuri Trutnev visited an investment site being created for a comprehensive center for the development of regional and unmanned aviation production and the production of the Baikal light multipurpose aircraft. The construction of a production building for the assembly of the Baikal aircraft with the necessary engineering infrastructure is being carried out on the advanced development area in close proximity to the Dzyomgi airfield and the facilities of the United Aircraft Corporation (UAC). Work on the site is scheduled to be completed by the end of 2025. Construction of facilities for the production of the Baikal light aircraft began in January 2024. The project is being implemented on the instructions of President of the country Vladimir Putin and as part of the long-term development plan for Komsomolsk-on-Amur, the activities of which are included in the city’s master plan. Currently, the zero cycle work on the formation of the land plot is being completed, and the pouring of foundations continues. The total area of buildings and structures will be almost 10.4 thousand square meters. m. The complex will produce up to 20 aircraft per year. 80 jobs will be created.

The developer of the Baikal aircraft is the Ural Works of Civil Aviation (UZGA). The aircraft will be manufactured by UZGA subsidiary Spetsaviatekhnika LLC, a resident of the Khabarovsk priority development area. It is planned that Baikal will be equipped with a domestic VK-800 engine. This aircraft is being created to improve the transport accessibility of remote regions of Russia and to develop local air routes. The key parameters of the aircraft were determined in accordance with the requirements of regional airlines: 2 tons of payload, flight range of 1.5 thousand km, cruising speed of 300 km/h.

Yuri Trutnev also got acquainted with the work of the Amur Shipyard of USC, one of the largest shipbuilding enterprises in the Far East. During the inspection, the Deputy Prime Minister visited the slipway shop. The management of the enterprise reported on the orders under construction and prospective orders. The Deputy Prime Minister got acquainted with the progress of construction of the new dock-pontoon “Amurets” of project 65911, which is being built for the plant’s own needs as part of the USC dock program.

The dock-pontoon was laid down in June 2023. Its main purpose is to ensure the removal of factory orders from the workshop and their transfer to the outfitting pier. The company has completed a large amount of work on the construction. On the dock-pontoon, the hull of which is currently being assembled on an open slipway, the assembly joints of the first three blocks have been thoroughly welded and presented to the register, and all assembly work on the fourth has been completed. In March, when the average daily temperature rises to normal, welding work on the dock-pontoon will resume, and the docking of the order hull will continue.

The plant’s production program includes the construction of a floating transport dock for the transfer of plant orders to the outfitting base in Vladivostok and the reconstruction of the dockside unit of the plant’s outfitting complex. This will allow the enterprise to build a promising line of ships and vessels of greater width and tonnage than is currently possible, and to transport orders to the delivery base in Primorye using its own resources.

Yuri Trutnev discussed with the General Director of the Amur Shipyard of USC Mikhail Borovsky the issues of the enterprise’s workload in terms of placing orders on the Amur Shipyard’s slipways for the development and maintenance of the oil and gas shelf – supply vessels and ice-class rescue vessels. The plant already has experience in building such orders: in 2018 and 2020, the plant built and handed over to the customer (OOO Gazprom Flot) two supply vessels for work with semi-submersible floating units. The built vessels belong to the highest class of automation and are capable of performing a wide range of tasks – from transporting goods and people to eliminating the consequences of natural disasters and extinguishing fires.

At the commissioning base of the Amur Shipyard of USC, work is underway to prepare for testing the multifunctional emergency rescue vessel with a capacity of 7 MW, the Kerch Strait, which is being built to operate in high latitudes and has a sufficient margin of safety for sailing in freezing non-Arctic seas.

“I always come to Komsomolsk-on-Amur with pleasure, because it is a working city. This is a city that protects our country. In this city, wonderful fighters are created, ships are built. We see how the work of the Amur Shipyard has changed. Previously, the enterprise had unresolved issues. And now, when the CEO reports that the enterprise is fully paying off its debts, that it is fully loaded with orders, this is, of course, great. This is good for Khabarovsk Krai, and for Komsomolsk-on-Amur, and for our entire country. The aircraft plant is fully loaded. Much remains to be done for small and large aviation. Work is going well on the Superjet-100 and fighters. We do not forget that we have debts to people for the construction of social facilities in Komsomolsk-on-Amur. And work in this direction will be accelerated. Now I have given a number of instructions and expect that the pace of work will be increased. The administration made a number of mistakes, including in the selection of contractors, but these miscalculations are of no interest to anyone. The main thing is that people get what they expect. We are trying to do this,” Yuri Trutnev summed up the results of his trip to Komsomolsk-on-Amur.

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 –

February 11, 2025

MIL-OSI: International Petroleum Corporation Announces 2024 Year-End Financial and Operational Results and 2025 Budget, Reserves and Guidance

Source: GlobeNewswire (MIL-OSI)

TORONTO, Feb. 11, 2025 (GLOBE NEWSWIRE) — International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) today released its financial and operating results and related management’s discussion and analysis (MD&A) for the three months and year ended December 31, 2024. IPC is also pleased to announce its 2025 budget, including that IPC continues to progress the development of the Blackrod Phase 1 project in Canada in line with schedule and budget. IPC previously announced the renewal of the normal course issuer bid (NCIB) under which IPC may acquire a further 5.3 million common shares up to December 2025, in addition to the 2.2 million common shares already purchased for cancellation under the NCIB in December 2024 and January 2025. IPC’s 2025 capital and decommissioning expenditure budget is USD 320 million and its 2025 average daily production guidance is between 43,000 and 45,000 barrels of oil equivalent (boe) per day (boepd). 2024 year-end proved plus probable (2P) reserves are 493 million boe (MMboe) and best estimate contingent resources (unrisked) are 1,107 MMboe.⁽¹⁾⁽²⁾

William Lundin, IPC’s President and Chief Executive Officer, comments: “We are very pleased to announce that IPC achieved strong operational results in 2024. Our average net production was 47,400 boepd for the full year, with very strong operational and ESG performance across all our areas of operation. 2024 was a very significant investment year for our Blackrod Phase 1 development project, and we have spent over two-thirds of the forecast capital expenditure by the end of 2024. We generated strong cash flows from our business, and we returned USD 102 million to shareholders through share buybacks in 2024. With gross cash resources of USD 247 million at 2024 year-end, we continue to be well positioned to deliver on our three strategic pillars of Organic Growth, Stakeholder Returns, and M&A that drive value creation for our stakeholders.⁽¹⁾⁽³⁾

On Organic Growth, we are very pleased with the progress of the development of Phase 1 of the Blackrod project, Canada, which remains in line with schedule and budget. Phase 1 of the Blackrod project continues to forecast first oil in late 2026, with peak production planned to increase to 30,000 bopd by 2028. In 2024, IPC achieved over 250% reserves replacement ratio, ending the year with 493 MMboe of 2P reserves, the highest in our history.⁽¹⁾⁽²⁾

On Stakeholder Returns, we completed the 2023/2024 NCIB program, purchasing and cancelling 8.3 million IPC common shares over the period of December 5, 2023 to December 4, 2024, representing approximately 6.5% of the common shares outstanding at the start of that program. We immediately recommenced purchasing under the renewed 2024/2025 NCIB, purchasing for cancellation 0.8 million common shares during December 2024 and over 1.4 million common shares during January 2024. We are permitted to purchase up to a further 5.3 million common shares by early December 2025, which will represent a 6.2% reduction in the number of shares common outstanding at the beginning of the 2024/2025 NCIB.

On M&A, we continue to review potential opportunities in Canada and internationally. IPC’s principal focus continues to be on progressing the Blackrod Phase 1 development as well as developing our existing asset base in Canada, France and Malaysia.

IPC is well-positioned for 2025 and beyond as our Blackrod Phase 1 project is progressing according to plan, our existing production operations continue to generate strong cash flows, and our balance sheet is strong. At the same time, we continue return value to our shareholders by repurchasing and cancelling our common shares under the NCIB. I look forward to another exciting year at IPC with our high quality assets and our highly skilled and motivated teams across all areas of operation.”

2024 Business Highlights

Average net production of approximately 47,400 boepd for the fourth quarter of 2024 was in line with the guidance range for the period (51% heavy crude oil, 15% light and medium crude oil and 34% natural gas).⁽¹⁾
Full year 2024 average net production was 47,400 boepd, above the mid-point of the 2024 annual guidance of 46,000 to 48,000 boepd.⁽¹⁾
Development activities on Phase 1 of the Blackrod project progressed in 2024 on schedule and on budget, with forecast first oil in late 2026. All major third-party contracts have been executed and construction is advancing according to plan, including construction of the central processing facility (CPF) and well pad facilities, finalization of the midstream agreements for the input fuel gas, diluent and oil blend pipelines, and advancement of drilling operations. As at the end of 2024, over two-thirds of the forecast Blackrod Phase 1 development capital expenditure of USD 850 million has been spent since project sanction in early 2023.
Drilling activity at the Southern Alberta assets in Canada continued with a total of thirteen wells drilled during 2024.
Successful completion of planned maintenance shutdowns at Onion Lake Thermal (OLT) in Canada and the Bertam field in Malaysia during 2024.
8.3 million common shares purchased and cancelled from December 2023 to early December 2024 under IPC’s 2023/2024 NCIB and a further 2.2 million common shares purchased for cancellation during December 2024 and January 2025 under the renewed 2024/2025 NCIB.
In Q3 2024, published IPC’s fifth annual Sustainability Report.

2024 Financial Highlights

Operating costs per boe of USD 18.2 for the fourth quarter of 2024 and USD 17.0 for the full year, in line with the most recent 2024 guidance of less than USD 18.0 per boe for the full year.⁽³⁾
Strong operating cash flow (OCF) generation for the fourth quarter and full year 2024 amounted to MUSD 78 and MUSD 342, respectively.⁽³⁾
Capital and decommissioning expenditures of MUSD 129 for the fourth quarter and MUSD 442 for the full year 2024, in line with the full year guidance of MUSD 437.
Free cash flow (FCF) generation for the full year 2024 of negative MUSD 135, with negative FCF generation of MUSD 61 for the fourth quarter in line with expectations and taking into account the significant capital expenditures during the quarter in respect of the Blackrod project. FCF for the full year 2024, before 2024 Blackrod Phase 1 development expenditure of MUSD 351, was MUSD 216.⁽³⁾
Net debt of MUSD 209 and gross cash of MUSD 247 as at December 31, 2024.⁽³⁾
Net result of MUSD 0.4 for the fourth quarter of 2024 and MUSD 102 for the full year 2024.
Entered into a letter of credit facility in Canada during 2024 to cover operational letters of credit, giving full availability under IPC’s undrawn CAD 180 million Revolving Credit Facility.

Reserves and Resources

Total 2P reserves as at December 31, 2024 of 493 MMboe, with a reserve life index (RLI) of 31 years.⁽¹⁾⁽²⁾
Contingent resources (best estimate, unrisked) as at December 31, 2024 of 1,107 MMboe.⁽¹⁾⁽²⁾
2P reserves net asset value (NAV) as at December 31, 2024 of MUSD 3,083 (10% discount rate).^(1)(2)(⁵⁾⁽⁶⁾

2025 Annual Guidance

Full year 2025 average net production forecast at 43,000 to 45,000 boepd.⁽¹⁾
Full year 2025 operating costs forecast at USD 18 to 19 per boe.⁽³⁾
Full year 2025 OCF guidance estimated at between MUSD 210 and 280 (assuming Brent USD 65 to 85 per barrel).⁽³⁾
Full year 2025 capital and decommissioning expenditures guidance forecast at MUSD 320, including MUSD 230 relating to Blackrod capital expenditure.
Full year 2025 FCF ranges from approximately MUSD 80 to 150 (assuming Brent USD 65 to 85 per barrel) before taking into account proposed Blackrod capital expenditures, or negative MUSD 150 to 80 including proposed Blackrod capital expenditures.⁽³⁾

Business Plan Production and Cash Flow Guidance

2025 – 2029 business plan forecasts:
- average net production forecast approximately 57,000 boepd.⁽¹⁾⁽⁸⁾
- capital expenditure forecast of USD 8 per boe, including USD 3 per boe for growth expenditure.⁽⁸⁾
- operating costs forecast of USD 18 to 19 per boe.⁽³⁾⁽⁸⁾
- FCF forecast of approximately MUSD 1,200 to 2,000 (assuming Brent USD 75 to 95 per barrel).⁽³⁾⁽⁸⁾
2030 – 2034 business plan forecasts:
- average net production forecast of approximately 63,000 boepd.⁽¹⁾⁽⁸⁾
- capital expenditure forecast of USD 5 per boe.⁽⁸⁾
- operating costs forecast of USD 18 to 19 per boe.⁽³⁾⁽⁸⁾
- FCF forecast of approximately MUSD 1,600 to 2,600 (assuming Brent USD 75 to 95 per barrel).⁽³⁾⁽⁸⁾

	Three months ended December 31				Year ended December 31
USD Thousands	2024		2023		2024		2023
Revenue	199,124		198,460		797,783		853,906
Gross profit	42,774		39,955		210,171		250,514
Net result	415		29,710		102,219		172,979
Operating cash flow ⁽³⁾	78,158		73,634		341,989		353,048
Free cash flow ⁽³⁾	(61,476	)	(64,688	)	(135,497	)	2,689
EBITDA ⁽³⁾	76,184		66,284		335,488		350,618
Net Cash / (Debt) ⁽³⁾	(208,528	)	58,043		(208,528	)	58,043

IPC was launched in 2017 by way of spinning off the non-Norwegian assets from Lundin Energy. The strategy and vision from the outset was to be the international E&P growth vehicle for the Lundin Group by pursuing growth organically and through acquisitions. The foundation of this strategy was and is predicated on maximising long-term stakeholder value through responsible business operations focused on operational excellence and financial resilience to underpin optimal capital allocation decision-making.

We are very pleased with the track record of value creation achieved by the company to date. IPC’s production, reserves, resources and cash flow exposure has increased materially through accretive acquisitions supplemented by base business investment. Excluding the growth capital expenditure assigned to the Blackrod Phase 1 development, over USD 1.5 billion in free cash flow (FCF) has been generated and over USD 0.5 billion has been returned to shareholders in the form of share buybacks since inception. IPC’s current shares outstanding are less than 5% higher than the original shares outstanding upon the formation of the company. IPC is determined to build on the historical success and the growth outlook has never been brighter.⁽³⁾

2024 was a milestone year for the company through successfully delivering the largest capital investment campaign in its history. The record investment was accompanied by strong safety, operational and financial performance. IPC returned USD 102 million of value to shareholders in the year through share repurchases, whilst maintaining a strong balance sheet.

Oil prices were rangebound in 2024 between Brent USD 70 to 90 per barrel, with a full year Brent average of USD 81 per barrel, in line with our original oil price sensitivities guided at CMD. The fourth quarter 2024 Brent price averaged USD 75 per barrel, the lowest quarterly price average in the year. The downward trend in benchmark oil prices through the second half of 2024 has been slightly reversed in current time as continuous crude inventory draws, strong demand, underwhelming non-OPEC production growth and continued OPEC production curtailments have supported the market balance. A new administration in the White House presents uncertainty for the oil market, as looming tariffs and sanctions pose a risk to global supply chain systems and trade flows. Around 40% of our 2025 Dated Brent and WTI exposure is hedged at USD 76 per barrel and USD 71 per barrel respectively.

The fourth quarter 2024 WTI to WCS price differentials averaged less than USD 13 per barrel, around USD 2 per barrel lower than the full year average of USD 15 per barrel. The fourth quarter differential was the lowest quarterly average since the Covid pandemic in 2020 when benchmark oil prices were more than USD 30 per barrel less than current levels. The TMX pipeline is driving the tighter differentials with excess take-away capacity in the Western Canadian Sedimentary Basin (WCSB) relative to supply. Close to 50% of our 2025 WCS to WTI differential exposure is hedged at USD 14 per barrel, which should assist in mitigating adverse effects of potential US tariffs on Canadian production.

Natural gas prices averaged CAD 1.5 per Mcf for 2024 and in the fourth quarter. Western Canada gas storage levels continue to sit above the five-year range. This is in part due to delays of the LNG Canada start-up project which was supposed to be onstream at end 2024, start-up is now anticipated for mid-2025. IPC has around 9,600 Mcf per day hedged at CAD 2.6 per Mcf for 2025.

Fourth Quarter and Full Year 2024 Highlights

During the fourth quarter of 2024, IPC’s assets delivered average net production of 47,400 boepd, in line with guidance for the quarter. Full year 2024 average net production of 47,400 boepd was above the 2024 mid-point guidance range of 46,000 to 48,000 boepd.⁽¹⁾

IPC’s operating costs per boe for the fourth quarter of 2024 was USD 18.2. Full year 2024 operating costs per boe was USD 17.0, in line with the most recent 2024 annual guidance of less than USD 18 per boe.⁽³⁾

Operating cash flow (OCF) generation for the fourth quarter of 2024 was USD 78 million. Full year 2024 OCF was USD 342 million in line with the most recent guidance of USD 335 to 342 million.⁽³⁾

Capital and decommissioning expenditure for the fourth quarter of 2024 was USD 129 million. Full year 2024 capital and decommissioning expenditure of USD 442 million was in line with guidance of USD 437 million.

Free cash flow (FCF) generation was in line with guidance at negative USD 61 million during the fourth quarter of 2024, reflecting the higher level of capital expenditure on the Blackrod Phase 1 development project. Full year 2024 FCF generation was negative USD 135 million, in line with the most recent guidance of negative USD 140 to 133 million.⁽³⁾

As at December 31, 2024, IPC’s net debt position was USD 209 million. IPC’s gross cash on the balance sheet amounts to USD 247 million which provides IPC with significant financial strength to continue progressing its strategies in 2025, including advancing the Blackrod development project, returning value to shareholders through the 2024/2025 NCIB, and remaining opportunistic to mergers and acquisitions activity.⁽³⁾

Blackrod Project

The Blackrod asset is 100% owned by IPC and hosts the largest booked reserves and contingent resources within the IPC portfolio. After more than a decade of pilot operations, subsurface delineation and commercial engineering studies, IPC sanctioned the Phase 1 Steam Assisted Gravity Drainage (SAGD) development in the first quarter of 2023. The Phase 1 development targets 259 MMboe of 2P reserves, with a multi-year forecast capital expenditure of USD 850 million to first oil planned in late 2026. The Phase 1 development is planned for plateau production of 30,000 bopd which is expected by early 2028.⁽¹⁾⁽²⁾

As at the end of 2024, USD 591 million of cumulative growth capital, has been spent on the Blackrod Phase 1 development since sanction with a peak annual investment of USD 351 million incurred in 2024. Significant progress has been made across all key scopes of the project including but not limited to: detailed engineering, procurement, fabrication, drilling, construction, third party transport pipelines, commissioning and operations planning. Site health and safety control has been excellent with zero lost time incidents since commercial development activities commenced.

Looking forward, USD 230 million is planned to be spent in 2025 mainly relating to advancing the remaining fabrication, construction and substantial completion of the Central Processing Facility (CPF) for the Phase 1 development. The remaining growth capital expenditure to first oil is forecast to be spent in 2026 on drilling, completions and commissioning of the CPF with first steam anticipated by end Q1 2026.

IPC is strongly positioned to deliver within plan with a clear line of sight to start-up. The Blackrod Phase 1 project is expected to generate significant value for all our stakeholders. And with over 1 billion barrels of best estimate contingent resources (unrisked) beyond Phase 1, IPC is pleased to announce a resource maturation plan that sees significant volume maturation into reserves through low cost of less than USD 0.15 per barrel. The 2P reserves attributable to Phase 1 has increased by 40 MMboe to 259 MMboe from year end 2023 to year end 2024.⁽²⁾

As at the end of 2024, 70% of the Blackrod Phase 1 development capital had been spent since the project sanction in early 2023. All major work streams are progressing as planned and the focus continues to be on executing the detailed sequencing of events as facility modules are safely delivered and installed at site. The total Phase 1 project guidance of USD 850 million capital expenditure to first oil in late 2026 is unchanged. IPC intends to fund the remaining Blackrod Phase 1 development costs with forecast cash flow generated by its operations and cash on hand.

Stakeholder Returns: Normal Course Issuer Bid

During the period of December 5, 2023 to December 4, 2024, IPC purchased and cancelled an aggregate of approximately 8.3 million common shares under the 2023/2024 NCIB. The average price of shares purchased under the 2023/2024 NCIB was SEK 131 / CAD 17 per share.

In Q4 2024, IPC announced the renewal of the NCIB, with the ability to repurchase up to approximately 7.5 million common shares over the period of December 5, 2024 to December 4, 2025. Under the 2024/2025 NCIB, IPC repurchased and cancelled approximately 0.8 million common shares in December 2024. By the end of January 2025, IPC repurchased for cancellation over 1.4 million common shares under the 2024/2025 NCIB. The average price of common shares purchased under the 2024/2025 NCIB during December 2024 and January 2025 was SEK 135 / CAD 17.5 per share.

As at February 7, 2025, IPC had a total of 117,781,927 common shares issued and outstanding, of which IPC holds 508,853 common shares in treasury.

Under the 2024/2025 NCIB, IPC may purchase and cancel a further 5.3 million common shares by December 4, 2025. This would result in the cancellation of 6.2% of shares outstanding as at the beginning of December 2024. IPC continues to believe that reducing the number of shares outstanding while in parallel investing in material production growth at Blackrod will prove to be a winning formula for our stakeholders.

Environmental, Social and Governance (ESG) Performance

As part of IPC’s commitment to operational excellence and responsible development, IPC’s objective is to reduce risk and eliminate hazards to prevent occurrence of accidents, ill health, and environmental damage, as these are essential to the success of our business operations. During the fourth quarter and for the full year 2024, IPC recorded no material safety or environmental incidents.

As previously announced, IPC targets a reduction of our net GHG emissions intensity by the end of 2025 to 50% of IPC’s 2019 baseline and IPC remains on track to achieve this reduction. During 2024, IPC announced the commitment to remain at end 2025 levels of 20 kg CO2/boe through to the end of 2028.⁽⁴⁾

Reserves, Resources and Value

As at the end of December 2024, IPC’s 2P reserves are 493 MMboe. During 2024, IPC replaced 251% of the annual 2024 production. The reserves life index (RLI) as at December 31, 2024, is approximately 31 years.⁽¹⁾⁽²⁾

The net present value (NPV) of IPC’s 2P reserves as at December 31, 2024 was USD 3.3 billion. IPC’s net asset value (NAV) was USD 3.1 billion or SEK 287 / CAD 37 per share as at December 31, 2024.⁽¹⁾⁽²⁾⁽⁵⁾⁽⁶⁾⁽⁷⁾

In addition, IPC’s best estimate contingent resources (unrisked) as at December 31, 2024 are 1,107 MMboe, of which 1,025 MMboe relate to future potential phases of the Blackrod project.⁽¹⁾⁽²⁾

2025 Budget and Operational Guidance

IPC is pleased to announce its 2025 average net production guidance is 43,000 to 45,000 boepd. IPC forecasts operating costs for 2025 between USD 18 and 19 per boe.⁽¹⁾⁽³⁾

IPC’s 2025 capital and decommissioning expenditure budget is USD 320 million, with USD 230 million forecast relating to Blackrod capital expenditure. The remainder of the 2025 budget in Canada includes drilling and ongoing optimization work at Onion Lake Thermal and Suffield Area assets. IPC also plans to advance the next phase of infill drilling and complete well maintenance works at the Bertam field in Malaysia. IPC expects to conduct technical studies for future development potential in France. In all of IPC’s areas of operation, IPC has significant flexibility to control its pace of spend based on the development of commodity prices during 2025.

Notwithstanding a modest production decline expected in 2025, IPC’s production per share metric remains largely unchanged relative to 2024 and 2023. IPC has prioritised capital allocation to the transformational Blackrod Phase 1 development and share buybacks as opposed to further increasing its base business investment to preserve balance sheet strength and maximise long- term shareholder value.

Further details regarding IPC’s proposed 2025 budget and operational guidance will be provided at IPC’s Capital Markets Day presentation to be held on February 11, 2025 at 15:00 CET. A copy of the Capital Markets Day presentation will be available on IPC’s website at www.international-petroleum.com.

Notes:

(1) See “Supplemental Information regarding Product Types” in “Reserves and Resources Advisory” below. See also the material change report (MCR) available on IPC’s website at www.international-petroleum.com and filed on the date of this press release under IPC’s profile on SEDAR+ at www.sedarplus.ca.
(2) See “Reserves and Resources Advisory“ below. Further information with respect to IPC’s reserves, contingent resources and estimates of future net revenue, including assumptions relating to the calculation of NPV, are described in the MCR. The reserve life index (RLI) is calculated by dividing the 2P reserves of 493 MMboe as at December 31, 2024 by the mid-point of the 2025 CMD production guidance of 43,000 to 45,000 boepd. Reserves replacement ratio is based on 2P reserves of 468 boe as at December 31, 2024, sales production during 2024 of 16.6 MMboe, net additions to 2P reserves during 2024 of 41.7 MMboe, and 2P reserves of 493 MMboe as at December 31, 2024.
(3) Non-IFRS measure, see “Non-IFRS Measures” below and in the MD&A.
(4) Emissions intensity is the ratio between oil and gas production and the associated carbon emissions, and net emissions intensity reflects gross emissions less operational emission reductions and carbon offsets.
(5) Net present value (NPV) is after tax, discounted at 10% and based upon the forecast prices and other assumptions further described in the MCR. See “Reserves and Resources Advisory” below.
(6) Net asset value (NAV) is calculated as NPV less net debt of USD 209 million as at December 31, 2024.
(7) NAV per share is based on 119,059,315 IPC common shares as at December 31, 2024, being 119,169,471 common shares outstanding less 110,156 common shares held in treasury and cancelled in January 2025. NAV per share is not predictive and may not be reflective of current or future market prices for IPC common shares.
(8) Estimated FCF generation is based on IPC’s current business plans over the periods of 2025 to 2029 and 2030 to 2034, including net debt of USD 209 million as at December 31, 2024, with assumptions based on the reports of IPC’s independent reserves evaluators, and including certain corporate adjustments relating to estimated general and administration costs and hedging, and excluding shareholder distributions and financing costs. Assumptions include average net production of approximately 57 Mboepd over the period of 2025 to 2029, average net production of approximately 63 Mboepd over the period of 2030 to 2034, average Brent oil prices of USD 75 to 95 per bbl escalating by 2% per year, and average Brent to Western Canadian Select differentials and average gas prices as estimated by IPC’s independent reserves evaluator and as further described in the MCR. IPC’s market capitalization is at close on January 31, 2025 (USD 1,557 million based on 146.8 SEK/share, 117.7 million IPC shares outstanding (net of treasury shares) and exchange rate of 11.10 SEK/USD). IPC’s current business plans and assumptions, and the business environment, are subject to change. Actual results may differ materially from forward-looking estimates and forecasts. See “Forward-Looking Statements” and “Non-IFRS Measures” below.

International Petroleum Corp. (IPC) is an international oil and gas exploration and production company with a high quality portfolio of assets located in Canada, Malaysia and France, providing a solid foundation for organic and inorganic growth. IPC is a member of the Lundin Group of Companies. IPC is incorporated in Canada and IPC’s shares are listed on the Toronto Stock Exchange (TSX) and the Nasdaq Stockholm exchange under the symbol “IPCO”.

For further information, please contact:

Rebecca Gordon SVP Corporate Planning and Investor Relations rebecca.gordon@international-petroleum.com Tel: +41 22 595 10 50		Or		Robert Eriksson Media Manager reriksson@rive6.ch Tel: +46 701 11 26 15

This information is information that International Petroleum Corporation is required to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the contact persons set out above, at 07:30 CET on February 11, 2025. The Corporation’s audited condensed consolidated financial statements (Financial Statements) and management’s discussion and analysis (MD&A) for the three months and year ended December 31, 2024 have been filed on SEDAR+ (www.sedarplus.ca) and are also available on the Corporation’s website (www.international-petroleum.com).

Forward-Looking Statements
This press release contains statements and information which constitute “forward-looking statements” or “forward-looking information” (within the meaning of applicable securities legislation). Such statements and information (together, “forward-looking statements”) relate to future events, including the Corporation’s future performance, business prospects or opportunities. Actual results may differ materially from those expressed or implied by forward-looking statements. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Forward-looking statements speak only as of the date of this press release, unless otherwise indicated. IPC does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by applicable laws.

All statements other than statements of historical fact may be forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, forecasts, guidance, budgets, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “forecast”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “budget” and similar expressions) are not statements of historical fact and may be “forward-looking statements”.

Forward-looking statements include, but are not limited to, statements with respect to:

2025 production ranges (including total daily average production), production composition, cash flows, operating costs and capital and decommissioning expenditure estimates;
Estimates of future production, cash flows, operating costs and capital expenditures that are based on IPC’s current business plans and assumptions regarding the business environment, which are subject to change;
IPC’s financial and operational flexibility to navigate the Corporation through periods of volatile commodity prices;
The ability to fully fund future expenditures from cash flows and current borrowing capacity;
IPC’s intention and ability to continue to implement its strategies to build long-term shareholder value;
The ability of IPC’s portfolio of assets to provide a solid foundation for organic and inorganic growth;
The continued facility uptime and reservoir performance in IPC’s areas of operation;
Development of the Blackrod project in Canada, including estimates of resource volumes, future production, timing, regulatory approvals, third party commercial arrangements, breakeven oil prices and net present values;
Current and future production performance, operations and development potential of the Onion Lake Thermal, Suffield, Brooks, Ferguson and Mooney operations, including the timing and success of future oil and gas drilling and optimization programs;
The potential improvement in the Canadian oil egress situation and IPC’s ability to benefit from any such improvements;
The ability of IPC to achieve and maintain current and forecast production in France and Malaysia;
The intention and ability of IPC to acquire further common shares under the NCIB, including the timing of any such purchases;
The return of value to IPC’s shareholders as a result of the NCIB;
IPC’s ability to implement its GHG emissions intensity and climate strategies and to achieve its net GHG emissions intensity reduction targets;
IPC’s ability to implement projects to reduce net emissions intensity, including potential carbon capture and storage;
Estimates of reserves and contingent resources;
The ability to generate free cash flows and use that cash to repay debt;
IPC’s continued access to its existing credit facilities, including current financial headroom, on terms acceptable to the Corporation;
IPC’s ability to identify and complete future acquisitions;
Expectations regarding the oil and gas industry in Canada, Malaysia and France, including assumptions regarding future royalty rates, regulatory approvals, legislative changes, and ongoing projects and their expected completion; and
Future drilling and other exploration and development activities.

Statements relating to “reserves” and “contingent resources” are also deemed to be forward-looking statements, as they involve the implied assessment, based on certain estimates and assumptions, that the reserves and resources described exist in the quantities predicted or estimated and that the reserves and resources can be profitably produced in the future. Ultimate recovery of reserves or resources is based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management.

Although IPC believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because IPC can give no assurances that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks.

These include, but are not limited to general global economic, market and business conditions, the risks associated with the oil and gas industry in general such as operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of estimates and projections relating to reserves, resources, production, revenues, costs and expenses; health, safety and environmental risks; commodity price fluctuations; interest rate and exchange rate fluctuations; marketing and transportation; loss of markets; environmental and climate-related risks; competition; incorrect assessment of the value of acquisitions; failure to complete or realize the anticipated benefits of acquisitions or dispositions; the ability to access sufficient capital from internal and external sources; failure to obtain required regulatory and other approvals; and changes in legislation, including but not limited to tax laws, royalties, environmental and abandonment regulations.

Additional information on these and other factors that could affect IPC, or its operations or financial results, are included in the MD&A (See “Risk Factors”, “Cautionary Statement Regarding Forward-Looking Information” and “Reserves and Resources Advisory” therein), the Corporation’s material change report dated February 11, 2025 (MCR), the Corporation’s Annual Information Form (AIF) for the year ended December 31, 2023, (See “Cautionary Statement Regarding Forward-Looking Information”, “Reserves and Resources Advisory” and “Risk Factors”) and other reports on file with applicable securities regulatory authorities, including previous financial reports, management’s discussion and analysis and material change reports, which may be accessed through the SEDAR+ website (www.sedarplus.ca) or IPC’s website (www.international-petroleum.com).

Management of IPC approved the production, operating costs, operating cash flow, capital and decommissioning expenditures and free cash flow guidance and estimates contained herein as of the date of this press release. The purpose of these guidance and estimates is to assist readers in understanding IPC’s expected and targeted financial results, and this information may not be appropriate for other purposes.

Estimated FCF generation is based on IPC’s current business plans over the periods of 2025 to 2029 and 2030 to 2034, including net debt of USD 209 million as at December 31, 2024, with assumptions based on the reports of IPC’s independent reserves evaluators, and including certain corporate adjustments relating to estimated general and administration costs and hedging, and excluding shareholder distributions and financing costs. Assumptions include average net production of approximately 57 Mboepd over the period of 2025 to 2029, average net production of approximately 63 Mboepd over the period of 2030 to 2034, average Brent oil prices of USD 75 to 95 per bbl escalating by 2% per year, and average Brent to Western Canadian Select differentials and average gas prices as estimated by IPC’s independent reserves evaluator and as further described in the MCR. IPC’s current business plans and assumptions, and the business environment, are subject to change. Actual results may differ materially from forward-looking estimates and forecasts.

Non-IFRS Measures
References are made in this press release to “operating cash flow” (OCF), “free cash flow” (FCF), “Earnings Before Interest, Tax, Depreciation and Amortization” (EBITDA), “operating costs” and “net debt”/”net cash”, which are not generally accepted accounting measures under International Financial Reporting Standards (IFRS) and do not have any standardized meaning prescribed by IFRS and, therefore, may not be comparable with similar measures presented by other public companies. Non-IFRS measures should not be considered in isolation or as a substitute for measures prepared in accordance with IFRS.

The definition of each non-IFRS measure is presented in IPC’s MD&A (See “Non-IFRS Measures” therein).

Operating cash flow
The following table sets out how operating cash flow is calculated from figures shown in the Financial Statements:

	Three months ended December 31				Year ended December 31
USD Thousands	2024		2023		2024		2023
Revenue	199,124		198,460		797,783		853,906
Production costs and net sales of diluent to third party¹	(119,371	)	(126,414	)	(447,481	)	(491,303	)
Current tax	(1,595	)	1,588		(8,313	)	(14,457	)
Operating cash flow	78,158		73,634		341,989		348,146

¹ Include net sales of diluent to third party amounting to USD 737 thousand for the fourth quarter of 2024 and the year ended December 31, 2024.

The operating cash flow for the year ended December 31, 2023 including the operating cash flow contribution of the Brooks assets acquisition from the effective date of January 1, 2023 to the completion date of March 3, 2023 amounted to USD 353,048 thousand.

Free cash flow
The following table sets out how free cash flow is calculated from figures shown in the Financial Statements:

	Three months ended December 31				Year ended December 31
USD Thousands	2024		2023		2024		2023
Operating cash flow – see above	78,158		73,634		341,989		348,146
Capital expenditures	(126,256	)	(128,825	)	(434,713	)	(312,729	)
Abandonment and farm-in expenditures¹	(3,364	)	(1,516	)	(8,302	)	(9,199	)
General, administration and depreciation expenses before depreciation²	(3,569	)	(5,762	)	(14,814	)	(16,886	)
Cash financial items³	(6,445	)	(2,219	)	(19,657	)	(5,812	)
Free cash flow	(61,476	)	(64,688	)	(135,497	)	3,520

¹ See note 19 to the Financial Statements
² Depreciation is not specifically disclosed in the Financial Statements
³ See notes 5 and 6 to the Financial Statements

The free cash flow for the year ended December 31, 2023 including the free cash flow contribution of the Brooks assets acquisition from the effective date of January 1, 2023 to the completion date of March 3, 2023 amounted to USD 2,689 thousand. Free cash flow is before shareholder distributions and financing costs.

EBITDA
The following table sets out the reconciliation from net result from the consolidated statement of operations to EBITDA:

	Three months ended December 31				Year ended December 31
USD Thousands	2024		2023		2024		2023
Net result	415		29,710		102,219		172,979
Net financial items	35,767		6,509		59,709		22,736
Income tax	3,852		4,691		33,325		55,362
Depletion and decommissioning costs	32,087		30,434		128,392		101,922
Depreciation of other tangible fixed assets	2,430		1,309		8,933		7,812
Exploration and business development costs	1,725		348		2,069		2,355
Depreciation included in general, administration and depreciation expenses¹	308		389		1,241		1,569
Sale of assets²	(400	)	(7,106	)	(400	)	(19,018	)
EBITDA	76,814		66,284		335,488		345,717

¹ Item is not shown in the Financial Statements
² Sale of assets is included under “Other income/(expense)” but not specifically disclosed in the Financial Statements

The EBITDA for the year ended December 31, 2023 including the EBITDA contribution of the Brooks assets acquisition from the effective date of January 1, 2023 to the completion date of March 3, 2023 amounted to USD 350,618 thousand.

Operating costs
The following table sets out how operating costs is calculated:

	Three months ended December 31				Year ended December 31
USD Thousands	2024		2023		2024		2023
Production costs	120,108		126,414		448,218		491,303
Cost of blending	(36,036	)	(44,473	)	(152,735	)	(172,996	)
Change in inventory position	(4,633	)	1,427		(1,473	)	3,655
Operating costs	79,439		83,368		294,010		321,962

The operating costs for the year ended December 31, 2023 including the operating costs contribution of the Brooks assets acquisition from the effective date of January 1, 2023 to the completion date of March 3, 2023 amounted to USD 328,763 thousand.

Net cash / (debt)
The following table sets out how net cash / (debt) is calculated from figures shown in the Financial Statements:

USD Thousands	December 31, 2024		December 31, 2023
Bank loans	(5,121	)	(9,031	)
Bonds¹	(450,000	)	(450,000	)
Cash and cash equivalents	246,593		517,074
Net cash / (debt)	(208,528	)	58,043

¹ The bond amount represents the redeemable value at maturity (February 2027).

Reserves and Resources Advisory
This press release contains references to estimates of gross and net reserves and resources attributed to the Corporation’s oil and gas assets. For additional information with respect to such reserves and resources, refer to “Reserves and Resources Advisory” in the MD&A and the MCR. Light, medium and heavy crude oil reserves/resources disclosed in this press release include solution gas and other by-products. Also see “Supplemental Information regarding Product Types” below.

Reserve estimates, contingent resource estimates and estimates of future net revenue in respect of IPC’s oil and gas assets in Canada are effective as of December 31, 2024, and are included in the reports prepared by Sproule Associates Limited (Sproule), an independent qualified reserves evaluator, in accordance with National Instrument 51-101 – Standards of Disclosure for Oil and Gas Activities (NI 51-101) and the Canadian Oil and Gas Evaluation Handbook (the COGE Handbook) and using Sproule’s December 31, 2024 price forecasts.

Reserve estimates, contingent resource estimates and estimates of future net revenue in respect of IPC’s oil and gas assets in France and Malaysia are effective as of December 31, 2024, and are included in the report prepared by ERC Equipoise Ltd. (ERCE), an independent qualified reserves auditor, in accordance with NI 51-101 and the COGE Handbook, and using Sproule’s December 31, 2024 price forecasts.

The price forecasts used in the Sproule and ERCE reports are available on the website of Sproule (sproule.com) and are contained in the MCR. These price forecasts are as at December 31, 2024 and may not be reflective of current and future forecast commodity prices.

The reserve life index (RLI) is calculated by dividing the 2P reserves of 493 MMboe as at December 31, 2024 by the mid-point of the 2025 CMD production guidance of 43,000 to 45,000 boepd. Reserves replacement ratio is based on 2P reserves of 468 MMboe as at December 31, 2023, sales production during 2024 of 16.6 MMboe, net additions to 2P reserves during 2024 of 41.7 MMboe and 2P reserves of 493 MMboe as at December 31, 2024.

The reserves and resources information and data provided in this press release present only a portion of the disclosure required under NI 51-101. All of the required information will be contained in the Corporation’s Annual Information Form for the year ended December 31, 2024, which will be filed on SEDAR+ (accessible at www.sedarplus.ca) on or before April 1, 2025. Further information with respect to IPC’s reserves, contingent resources and estimates of future net revenue, including assumptions relating to the calculation of net present value and other relevant information related to the contingent resources disclosed, is disclosed in the MCR available under IPC’s profile on www.sedarplus.ca and on IPC’s website at www.international-petroleum.com.

IPC uses the industry-accepted standard conversion of six thousand cubic feet of natural gas to one barrel of oil (6 Mcf = 1 bbl). A BOE conversion ratio of 6:1 is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. As the value ratio between natural gas and crude oil based on the current prices of natural gas and crude oil is significantly different from the energy equivalency of 6:1, utilizing a 6:1 conversion basis may be misleading as an indication of value.

Supplemental Information regarding Product Types

The following table is intended to provide supplemental information about the product type composition of IPC’s net average daily production figures provided in this press release:

	Heavy Crude Oil (Mbopd)	Light and Medium Crude Oil (Mbopd)	Conventional Natural Gas (per day)	Total (Mboepd)
Three months ended
December 31, 2024	24.3	7.1	95.9 MMcf (16.0 Mboe)	47.4
December 31, 2023	25.7	6.6	103.8 MMcf (17.3 Mboe)	49.6
Year ended
December 31, 2024	23.9	7.7	95.1 MMcf (15.8 Mboe)	47.4
December 31, 2023	25.8	8.1	102.8 MMcf (17.1 Mboe)	51.1

This press release also makes reference to IPC’s forecast total average daily production of 43,000 to 45,000 boepd for 2025. IPC estimates that approximately 55% of that production will be comprised of heavy oil, approximately 12% will be comprised of light and medium crude oil and approximately 33% will be comprised of conventional natural gas.

Currency
All dollar amounts in this press release are expressed in United States dollars, except where otherwise noted. References herein to USD mean United States dollars. References herein to CAD mean Canadian dollars.

The MIL Network –

February 11, 2025

Category: Transport

Ice Arena “Fili”

Development of sports infrastructure in Moscow

“My District”. Filevsky Park

Implementation of the renovation program

Film meetings, performances and games

Historical adventures

Quests and master classes

New releases at the Moskino Kinopark cinema

Khanty-Mansiysk Autonomous Okrug – Yugra, the city of Uray

Khanty-Mansiysk Autonomous Okrug – Yugra, the city of Uray

Development of the Mnevnikovskaya floodplain area

Share this page

Updates to this page

Yuri Trutnev visited industrial enterprises of Komsomolsk-on-Amur

Yuri Trutnev visited industrial enterprises of Komsomolsk-on-Amur

Yuri Trutnev visited industrial enterprises of Komsomolsk-on-Amur