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Ukraine's navy has revealed a fresh paint job on some of its vessels, which appear to have adopted a World War I-era tactic of using dazzle camouflage. The Ukrainian navy shared the images on social media on Thursday, showing versions of the paintwork. The boats were pictured taking part in a demonstration for naval experts from Denmark, which is cooperating with Ukraine on various naval issues, Ukraine's navy said. Dazzle camouflage first emerged in World War I as a means to confuse enemy submarines and reduce their ability to effectively aim torpedoes. Ukraine's navy has no large ships on active duty and consists mainly of small vessels, like those seen in the recent images.
Persons: Tamar, HMS, Aaron Chown, Denmark's Organizations: Artillery, Ukrainian Navy, Royal United Services Institute, BBC Locations: Ukrainian, Denmark, Ukraine, Russia, Sevastopol, Crimea, Novorossysk
The vast networks of data cables that crisscross our world's oceans are crucial for almost every aspect of modern life. Related Video Ukraine's sea drones vs. Russia's Black Sea FleetDespite their importance, events this week have highlighted just how vulnerable the West's internet subsea cables are to attacks from hostile powers. Unlike Russia, whose internet cables mostly run overland, the cables Western countries rely on are deep under the sea — and it's an asymmetrical vulnerability Russia is signaling it could exploit. AdvertisementIn response to the threat, Western countries are trying to better protect existing cable networks or route data through satellites if they are disrupted. In the CSIS report in August, Murphy and other analysts called for the US to strengthen international coordination and enhance resources to protect existing undersea cable networks.
Persons: Boris Pistorius, Gregory Falco, KIRILL KUDRYAVTSEV, Falco, Erin Murphy, Sidharth, Murphy, Sybille Reuter, Henri Kronlund Organizations: German, Financial Times, Sibley School of Mechanical, Aerospace Engineering, Cornell University, Getty, AIS, Emerging, CSIS, General Staff, Directorate, Cinia, West Locations: Baltic, Russia, China, Germany, Finland, Sweden, Lithuania, Ukraine, Russian, Vladivostok, Western Europe, India, Emerging Asia, Washington ,, London, Iceland
But nearly 16 years after Lambert’s murder, the case remains unfinished. (Niroula was fatally assaulted in jail while awaiting a new trial; two defendants previously pleaded guilty, and their convictions weren’t overturned.) Then, he and Niroula began developing a plot to defraud and murder Lambert, the prosecutor said. Four of them, including Niroula and Garcia, were charged with murder, conspiracy, grand theft and other crimes, court records show. Less than a month later, a judge overturned the four murder convictions and set the cases for retrial.
Persons: Cliff Lambert, Lambert, , Kaushal Niroula, Daniel Garcia, hadn’t, Niroula, Garcia, Mark Evans, Eddie Mullikin, Steven Kilkullen, Cliff, Anthony Villalobos, David Replogle, , Kilkullen, he’d, who’d, Tom Fitzmaurice Mullikin, Mullikin, Robert Hightower, , Hightower, Thomas White, White, — David Replogle, Garcia hasn’t, Stuart Hanlon, Tyson Wrensch, San Francisco’s Castro, Dateline ”, Niroula “, ” Wrensch, ” Tyson Wrensch, Niroula texted Garcia, Niroula —, Lambert’s —, ” Hightower, Mercedes, David Downing, Downing, wasn’t, — “, ” Mullikin, Niroula’s, Replogle, ” Villalobos, “ There’s, hasn’t, ” Kilkullen, ” Tim Stelloh, David Ketterling Organizations: Dateline, NBC News, Riverside County, Midwest, “ Dateline, San, San Francisco Bay Area, Lincoln Town, Marines, Palm, Niroula Locations: INDIO, Calif, California, Palm Springs, Nepal, San Francisco, Riverside County, Riverside, Mexico, San Francisco Bay, San Francisco’s, Coachella, Bay, Los Angeles, Lambert’s, United States, Cliff, Alameda , California, Indio
Some of the IDF brass feared that missile defense would lead to a defensive mentality, rather than taking the war to the enemy. Ran Kochav, the former head of Israel's air and missile defense system. Indeed, there were similar criticisms in the US as to whether President Ronald Reagan's "Star Wars" missile defense would work. Israel's missile defense system faced its most difficult test in April, when Iran launched hundreds of missiles and drones at Israel. Ultimately, the virtue of missile defense may be that it is the least bad alternative.
Persons: Sidharth Kaushal, Ran Kochav, Israel Defense Forces —, Critics, Kochav, Ronald Reagan's, Yitzhak Rabin, Saddam Hussein, Israel, JALAA MAREY, RUSI, Michael Peck Organizations: Service, Israel Defense Forces, Royal United Services Institute, Business, Cricket, Israeli Air Force, General Staff, Getty, Arrow, Israel, Iron, IDF, Forces, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Israel, British, Iran, Brig, Lebanon, Israeli, AFP, Gaza, Hezbollah, Britain, Jordan, Ukraine, Russia, Forbes
Read previewRussia's threat to the subsea cables the West relies on for the internet is growing more acute amid surveillance from a specialist undersea sabotage unit, a NATO official said. "Allies have long warned of the risk that Russian spy ships and sabotage vessels patrolling subsea cable routes could pose to critical underwater infrastructure." Known by its Russian acronym, GUGI, the unit's goal is to surveil and possibly destroy the undersea cables the West relies on for the internet. But as the world has become more dependent on internet data, the potential for disruption caused by sabotage has become greater. Sybille Reuter via Getty imagesThere is already evidence that Russian units may have tampered with undersea cables, with experts saying that Russian units likely played a role in the disappearance of miles of the cables near Lofoten off the coast of Norway in 2021.
Persons: , Dmitry Medvedev, Sidharth, GUGI, Kaushal, Sybille Reuter, Mark Cancian Organizations: Service, NATO, Business, Russia's General Staff, Directorate, Allies, CNN, General Staff, Research, Pentagon, Russia, Russian Ministry of Defense, Getty, CSIS, Atlantic Council Locations: Ukraine, Russia, Europe, North America, Lofoten, Norway, NATO, Washington ,
Read previewChina could take control of Taiwan without ever having to invade, a prominent think tank has said. China has already begun carrying out certain elements of such a campaign, launching increasing military exercises around the island. AdvertisementHowever, a "law enforcement-led gray zone operation" would complicate any third-party intervention, per the CSIS report. Tensions between China and Taiwan are increasing by the dayRelations between Taiwan and China remain on a knife edge. Chinese military exercises off Taiwan.
Persons: , stoking, RHSKKjXtOu, pzmpXbWd0k —, Sidharth, Feng Hao, Joe Biden, Dong Jun, Xi Jinping, Gui, Tom Shugart Organizations: Service, Washington DC, for Strategic, International Studies, Business, pzmpXbWd0k — CSIS, China Coast Guard, Maritime, Administration, American Enterprise Institute, Institute for, Royal United Services Institute, CNN, PLA, China Military, Anadolu, Getty, Taiwan Relations, CSIS, Chinese Defense, US Navy, Center, New, New American Security Locations: China, Taiwan, Taiwan Strait, Singapore, Beijing, Gui Xinhua, New American
How China could take Taiwan without even needing to invade
  + stars: | 2024-06-21 | by ( Brad Lendon | ) edition.cnn.com   time to read: +12 min
“China has significantly increased pressure on Taiwan in recent years, stoking fears that tensions could erupt into outright conflict. China’s escalating gray zone tactics were on stark display this week as China Coast Guard vessels clashed with Philippine Navy boats in the South China Sea. In the 24 hours ending at 6 a.m. Friday, 36 Chinese military aircraft crossed into Taiwan’s air defense identification zone, Taiwan’s Defense Ministry says. Meanwhile, a quarantine, rather than a blockade, would not require China to close or restrict access to the Taiwan Strait, the CSIS report notes. Under its claims that Taiwan is Chinese territory, Beijing could require customs declarations to be filed before vessels can call in Taiwan.
Persons: CNN —, Beijing’s, Xi Jinping’s, Bonny Lin, Brian Hart, Matthew Funaiole, Samantha Lu, Tinsley, stoking, Adm, Dong Jun, , Dong, China’s, , Joe Biden, Rong Xu, Carl Schuster, ” Schuster, Alessio Patalano, Sidharth Kaushal, Patalano Organizations: CNN, Communist Party, Center for Strategic, International Studies, China Coast Guard, CSIS, TAIWAN, GUARD, People’s Liberation Army, PLA, Chinese Defense, Philippine Navy, Taiwan Relations, White, PLA Navy, Maritime Safety Agency, Taiwan’s Defense Ministry, Bloomberg, Getty, , Pacific Command’s Joint Intelligence Center, Taipei, King’s College, Taiwan’s Ministry of Economic Affairs, Imports, Royal United Services Institute Locations: Taiwan, Ukraine, China, Washington, United States, Pengjia, Beijing, Singapore, South China, Manila, Second, Philippines, Taiwan’s, Taiwan Strait, Port, Taichung, Kaohsiung, London, Covid
Both the US and Israel used weapons capable of killing missiles in space to fend off Iranian weapons last weekend. Videos circulating online from the fight appeared to show an exo-atmospheric kill, though details are few. Intercepting a ballistic missile outside the Earth's atmosphere is a challenging task, an expert told Business Insider. Very unique footage showing an exoatmospheric interception amid the Iranian ballistic missile attack, likely by the Arrow 3 air defense system. The SM-3 is also capable of destroying short- to intermediate-range ballistic missiles during the midcourse phase and can hit targets outside the Earth's atmosphere.
Persons: , Arrow, wrZNCV01tn — Emanuel, Mannie, Fabian, @manniefabian, Sidharth, Kaushal, Amir Cohen Organizations: Service, US, Iranian, ABM, Times, US Department of Defense, Israel Defense Force, Arrow, Royal United Services Institute, Reuters, Israel, Houthi, Center, Strategic, International Studies, Washington DC, US Navy, Missile Defense Locations: Israel, Iranian, Iran, Ashkelon, Washington
Today, NATO's naval power is far superior to Russia's. NATO may dominate the oceans, but that may not be much help if Russian tanks invade the Baltic States or Poland. Or more specifically, use naval power to scare Moscow into allocating its scarce resources to defending its huge coastlines rather than invading neighbors. "Rather than naval combat per se, the purpose of Russian sea power is to ensure that the Russian state can compete and engage in conflict safely and effectively," the essay said. In 2024, the fear is that NATO ships could launch long-range guided missiles at the Russian heartland.
Persons: Napoleon, Hitler fumed, Russia —, Kaushal, Rene Balletta, Alfred Thayer Mahan, Michael Peck Organizations: Service, Channel, Royal Navy, NATO, Alliance, Britain's Royal United Services Institute, Russian Navy, Black, Century, Russia, Russian Army and Aerospace Forces, West, Baltic, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: British, Russia, Baltic States, Poland, Moscow, Britain, Europe, Asia, Russian, Crimean, Sevastopol, Ukraine, Russia's, Finland, Norway, Forbes
AdvertisementIf confirmed, it would mark strike twenty-five in a remarkable kill streak that Ukraine told CNN represents the disabling of a full third of Russia's Black Sea Fleet. AdvertisementUkraine's most astonishing triumph came early, in April 2022, when it sank Russia's Black Sea flagship, the Moskva. "Ukraine has been extremely successful against the Black Sea Fleet, forcing Russia to relocate assets further away from Ukraine and the frontline," Germond told BI. AdvertisementDown, but not outIs Ukraine's Black Sea success a solution to Ukraine's stalled ground offensive? This means that any ships sunk result in a longer-term decrease in the Black Sea Fleet.
Persons: , Caesar, Ukraine Navy's, Murad Sezer, Sahaidachny, MAX DELANY, it's, Basil Germond, Germond, Michael Kofman, ” Sidharth, Kaushal, Russia can’t, Organizations: Service, Business, Russia's Ministry of Defence, Ukraine, CNN, Reuters, Getty, Military, Lancaster University, Shadow, Black, The Carnegie Endowment, Planet Labs PBC, Labs, UK’s Ministry of Defence, Royal United Services Institute, Montreux Convention, NATO, Ukraine’s Ministry of Defence Locations: Ukraine, Crimea, Bosphorus, Sevastopol, Moskva, Russian, Syria, Rostov, Minsk, Russia, France, Novorossiysk, Odesa, Ukrainian
CNN —Ukraine claims it has evidence Russia fired an advanced hypersonic missile – one that experts say is almost impossible to shoot down – for the first time in the almost 2-year-old war. The government-run Kyiv Scientific Research Institute of Forensic Expertise said in a Telegram post that debris recovered after a February 7 attack on the Ukrainian capital pointed to the use of a Zircon hypersonic cruise missile by the Russian military. Ukrainian authorities reported four people were killed and 38 others injured in Kyiv during the February 7 attacks, but no casualties have been directly attributed to the alleged Zircon missile. Its hypersonic speed makes it invulnerable to even the best Western missile defenses, like the Patriot, according to the United States-based Missile Defense Advocacy Alliance (MDAA). Additionally, the MDAA says the Zircon is “a maneuvering anti-ship hypersonic cruise missile” with a range of somewhere between 500 and 1,000 kilometers (310 to 620 miles).
Persons: Serhii, Gorshkov, Vladimir Putin, ” Putin, Yurii Ihnat, ” Sidharth, CNN’s Svitlana Vlasova, Mariya Knight, Andrew Carey, Jack Guy Organizations: CNN, Kyiv Scientific Research, Forensic, Ukraine’s, Ministry, Firefighters, Reuters, Missile Defense Advocacy Alliance, Russian, Ukrainian Air Force, Royal United Services Institute, Zircons Locations: Ukraine, Russia, Russian, Kyiv, Holosiivskyi, United States, , Ukrainian, London
Read previewUkraine's home-developed naval drones are offering vital capabilities that cruise missiles just don't have, a naval expert told Business Insider. This could have a sizable impact on Ukraine's ongoing efforts to subdue Russia's Black Sea Fleet. Defense Intelligence of UkraineSidharth Kaushal, a naval expert at the UK's Royal United Services Institute, outlined Ukraine's sea drones' limitations and advantages to BI. "The Ukrainians don't have very many cruise missiles that can target things at the ranges that they've been able to go after" with sea drones, he added. Since then, sea drones have been involved in multiple high-profile attacks, including reported strikes on two Russian landing ships in November.
Persons: , Russia's, Kyrylo, Ukraine Sidharth, Kaushal, they've, Ukraine hasn't, Ivan Khurs, Basil Germond Organizations: Service, UK's Ministry of Defence, Business, Autonomous Guard, Defense Intelligence, Royal United Services Institute, CNN, Russia's Defence Ministry, Russian Defence Ministry, REUTERS, Lancaster University Locations: Ukraine, Russia, Russia's, Ukrainian, REUTERS Ukraine, Russian, Crimea
FRANKFURT, Germany (AP) — Missiles and drones are flying in the Red Sea, disrupting one of the world's key trade arteries and a chokepoint for energy shipments headed for Europe. Last year, 12.9% of Europe's LNG went through the Red Sea from suppliers in the Middle East, mainly Qatar. That means “an extended shut-in of the Red Sea route from the Middle East poses a supply risk to Europe,” said Kaushal Ramesh, vice president at Rystad Energy. So far, there's been little to no impact on natural gas prices. Europe is getting a break because demand for natural gas is weak amid a sluggish economy.
Persons: Yemen's Houthi, it's, , Kaushal Ramesh, there's, ” Rystad's Ramesh, Simone Tagliapietra, Tagliapietra, Biden, Vladimir Putin, Joe Biden, Jennifer Granholm, Eurogas, Tagliapeitra, Claudia Kemfert, ___ Daly Organizations: Missiles, Union, SEA, Italy's, Europe's, Rystad Energy, WHAT'S, Energy, Industry, German Institute of Economic Research, Leuphana University Locations: FRANKFURT, Germany, Red, Europe, Italy, Russia, Ukraine, Mandab, Israel, U.S, Yemen, Africa, Suez, Qatar, China, Norway, Azerbaijan, Brussels, Iran, Hormuz, Persian, That's, , Asia, ” U.S, USA, EU, Washington
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA Ukrainian special military unit has described how it reportedly sunk one of Russia's Black Sea Fleet ships last week using six sea drones powered by Jet Skis, or civilian personal watercraft. A still from a video shared by Defense Intelligence of Ukraine on February 1, 2024, purportedly of the corvette Ivanovets ahead of its claimed destruction. Speaking to CNN, one of the drone pilots, identified by the call sign "13," said that the drones were powered by Jet Skis and controlled via a Starlink connection. In total, 10 MAGURA V5s were sent on the mission, with six hitting the ship, the pilot told CNN.
Persons: , Kyrylo, Sidharth, Dmytro Pletenchuk Organizations: Service, Fleet, Jet, Defense Intelligence, Business, Autonomous Guard, CNN, Royal United Services Institute, Kyiv Post Locations: Russia, Ukraine, Crimea, Ukrainian, Kyiv
Crowds gather during the opening of a temple dedicated to Hindu deity Lord Ram, in Ayodhya, India, on January 22, 2024. Inside the sanctum sanctorum of the temple Monday, Modi presided over the Pran Pratishtha, or consecration ceremony, of an idol of Lord Ram, one of Hinduism’s most revered deities. Indian Prime Minister Narendra Modi plays a leading role in the ceremony consecrating a statue of the god Ram. “Today our Lord Ram has come. A man prays on the banks of Sarayu River on the occasion of Ram temple's consecration ceremony in Ayodhya on January 22, 2024.
Persons: Narendra Modi, Lord Ram, Rajesh Kumar Singh, , Modi, Pran Pratishtha, Ram, Imtiyaz Khan, ” Modi, “ Ram, Money Sharma, Hinduism's Lord Ram, Amitabh Bachchan, Sachin Tendulkar, Mukesh Ambani, Anupam Kher, Beckham, , Ram Charan, Alia Bhatt, Ranbir Kapoor, Madhuri Dixit Nene, Katrina Kaif, Ayushmann Khurrana, Vicky Kaushal, Alia Bhatt Rajesh Kumar Singh Organizations: CNN, Indian, Anadolu, Getty Locations: Ayodhya, India, India's Uttar Pradesh, Sarayu, Babri
Houthi military helicopter flies over the Galaxy Leader cargo ship in the Red Sea in this photo released on Nov. 20, 2023. Houthi Military Media | Via ReutersDrone and missile attacks by Yemen-based Houthi militants have upended shipping through the Red Sea and Suez Canal, a narrow waterway through which some 10% of the world's trade sails. And will a U.S.-led naval security coalition be effective enough to make the Red Sea trade routes safe for trade again? Zoom In Icon Arrows pointing outwards An infographic titled 'Bab-el-Mandeb Strait: Trade route between East and West narrows amid Houthi threat' created in Ankara, Turkiye on December 18, 2023. Concerns grow as major maritime transportation companies alter their ship routes in response to the increasing Houthi threats in the Red Sea.
Persons: Lloyd, Ryan Bohl, Rane, Khaled Abdullah, Houthi, Rather, Mohammed Hamoud, Mohammed al, Sidharth, , Kaushal, Corey Ranslem Organizations: Galaxy Leader, Houthi, Media, Reuters, . Central Command, BP, Maersk, MSC, CMA, Pentagon, DHL, Middle East, CNBC, Hezbollah, Saudi, Arab, Hamas, Royal United Services Institute, Maxar, Dryad Locations: Red, Yemen, Suez, Africa, Asia, Europe, North Africa, U.S, Lebanese, America, Israel, Saudi, Sanaa, Saudi Arabia, Iran, Mandeb, Trade, East, West, Ankara, Turkiye, Hodeida, Islamic Republic, Gaza, Palestinian, Israel's, Sana'a, London, Bahrain, Canada, France, Italy, Netherlands, Norway, Spain
AdvertisementAdvertisementUkraine doubled down on claims on Friday that it had damaged a Russian patrol ship near Sevastopol with "Sea Baby" drones. If confirmed, the strike could add to long-term pressure on Russia's ability to maintain and repair its Black Sea Fleet, experts say. Russia is already barred from bringing reinforcements to its Black Sea Fleet. AdvertisementAdvertisement"Consequently, the Black Sea Fleet will have to be increasingly prudent with its remaining assets," he added. AdvertisementAdvertisementThis squeeze on the Black Sea Fleet ultimately hampers some of its ability to project power over those waters, Germond said.
Persons: , Basil Germond, Pavel Derzhavin, Pavel, Sutton, rove, ake Organizations: Service, Fleet, Lancaster University, Crimean Telegram, Crimean, Russian Telegram, Black, Russia's Ministry of Defense Locations: Ukraine, Russian, Sevastopol, Russia, Russia's, Ukrainian
Russia's move of its Black Sea Fleet to safer waters signals its waning power there, experts told Insider. AdvertisementAdvertisementRussia's withdrawal of ships from a key Crimean base to safer ports shows it has "clearly lost its control" over the Black Sea in naval and geopolitical terms, a top naval expert told Insider. Pointing to those attacks, James Heappey, a UK defense minister, said during a defense event in Warsaw last Tuesday that the move signaled the "functional defeat" of the Black Sea Fleet. As of Sunday, multiple ships carrying grain, sunflower oil, and metals had sailed out of Ukraine's ports in the northwestern Black Sea, The Guardian reported. AdvertisementAdvertisementHardline pro-Kremlin Telegram account Rybar wrote on Friday that it's "difficult to accept" that "the Black Sea Fleet cannot fully ensure its security now."
Persons: , Basil Germond, Germond, James Heappey, Heappey, Armed Forces @JSHeappey Organizations: Fleet, Service, Lancaster University, Montreux Convention, UK's Ministry of Defence, Black, Armed Forces, Warsaw Security, — Ministry of Defence Locations: Sevastopol, Russia, Ukraine, Turkish, Novorossiysk, Crimea, Warsaw, Ukrainian
"We've certainly seen Australia's reputation being affected as some existing buyers expressed interest in diversifying their suppliers for long-term supply," said Ryhana Rasidi, LNG analyst at analytics firm Kpler. "Australia is the closest gas supplier we can get. By far, Australia, U.S. and Qatar are the three pillars in LNG supply chain. As well as its political stability, its proximity to Asia might be Australia's saving grace, industry analysts say. "Ties are very strong between North Asia and Australia as a legacy supplier, so many participants are keen to continue the relationship," said Kaushal Ramesh, LNG analyst at Rystad Energy.
Persons: Inpex, Resources Madeleine King, We've, Ryhana, Jane Liao, Kaushal Ramesh, Emily Chow, Yuka Obayashi, Muyu Xu, Andrew Hayley, Joyce Lee, Lewis Jackson, Florence Tan Organizations: Reuters, Chevron, Handout, REUTERS, Rights, Workers, Japan's Kyushu Electric Power, Chevron's, Woodside Energy, West Shelf, South, Resources, Taiwan, Tohoku Electric Power, Kyushu Electric Power, Osaka Gas, Rystad Energy, Thomson Locations: Chevron, Barrow Island, Australia, Rights SINGAPORE, TOKYO, Qatar, United States, Western Australia, China, Japan, South Korea, Taiwan, Ukraine, Oman, U.S, Asia, Singapore, Tokyo, Beijing, Seoul, Sydney
They even painted some ships with camouflage stripes, hoping it would confuse drone sensors. But the latest Ukrainian missile attack on a shipyard in Sevastopol damaged two ships anyway. The Russian Black Sea Fleet's base in Sevastopol, a city in Russia-controlled Crimea, was attacked by missiles in the early hours of Wednesday. It is unclear if the two vessels hit in Wednesday's attack had the camouflage stripes painted on them. AdvertisementAdvertisementUkraine's plans to strike Sevastopol and the Russian Navy's fleet have been a long time coming.
Persons: Essen, , Elon Musk, Walter Isaacson, Musk Organizations: Service, London's Royal United Services Institute, Russia's Ministry of Defense, Elon Locations: Sevastopol, Wall, Silicon, Russian, Crimea, Ukraine, Russia
Liquefied natural gas (LNG) storage units at Grain LNG importation terminal, operated by National Grid Plc, on the Isle of Grain on August 22, 2022 in Rochester, England. Jacob Mandel Senior research associate for global energy markets at Aurora Energy ResearchFears of strike in Australia, one of the world's biggest exporters of liquified natural gas (LNG), have recently pushed up European gas prices — and analysts expect near-term volatility to persist. Jacob Mandel, senior research associate for global energy markets at U.K.-based consultancy Aurora Energy Research, said the global natural gas market was currently "very tight" and "very little supply flexibility" means that strike action in Australia could send European gas prices higher. He said that European gas prices could climb to above 40 euros ($42.9) per megawatt hour if the strikes go ahead as planned. The front-month gas price at the Dutch Title Transfer Facility (TTF) hub, a European benchmark for natural gas trading, traded at 33.5 euros on Tuesday.
Persons: Dan Kitwood, Jacob Mandel, Mandel, we've, Ramesh, Wheatstone, Henning Gloystein, Gloystein Organizations: National Grid, Getty, CNBC, Chevron, Offshore Alliance, Wheatstone, Fair, Aurora Energy, Aurora Energy Research, videoconference, Rystad Energy, Europe, EU, Eurasia Group Locations: Isle, Rochester , England, Western Australia, Chevron Australia, Australia, Europe, Japan, Korea, wean, Ukraine, Russia
Vietnam targets LNG-sourced gas generating up to 22.4 gigawatts (GW) of power by 2030, enough to power 20 million households and account for nearly 15% of national power supply. Complicating LNG efforts, much of Vietnam's planned gas power investment is directed to the south of the country despite the under-served north's greater vulnerability to blackouts. Reuters GraphicsThe first plant due to come online, the Nhon Trach 3 facility being built by state-run PetroVietnam Power (PV Power) (POW.HM) near Ho Chi Minh City, is scheduled to begin operation in late 2024. Takafumi Akino of Tokyo Gas, which is building an LNG terminal and a gas plant in northern Quang Ninh province, predicted "hard negotiations". PV Gas said this month it was in talks with U.S. energy giant ExxonMobil and Russia's Novatek on LNG cooperation.
Persons: Thi, Kaushal Ramesh, EVN, Japan's Marubeni, Takafumi, Rystad's Ramesh, Francesco Guarascio, Khanh, Emily Chow, Florence Tan, Phuong Nguyen, Tony Munroe, William Mallard Organizations: European Chamber of Commerce, Reuters, Energy, Tokyo Gas, Industry, Plant, Foreign, Delta Offshore Energy, Gulf International Holdings, Delta Offshore, Gulf Energy Development, Buyers, PV Gas, ExxonMobil, Russia's, Gas, Thomson Locations: Vietnam, Hanoi, HANOI, China, Thailand, Singapore, Philippines, Ho Chi Minh City, Oslo, U.S, Tokyo, Quang Ninh, South, Southeast Asia, Asia, Khanh Vu
Vietnam targets LNG-sourced gas generating up to 22.4 gigawatts (GW) of power by 2030, enough to power 20 million households and account for nearly 15% of national power supply. Complicating LNG efforts, much of Vietnam's planned gas power investment is directed to the south of the country despite the under-served north's greater vulnerability to blackouts. Reuters GraphicsThe first plant due to come online, the Nhon Trach 3 facility being built by state-run PetroVietnam Power (PV Power) (POW.HM) near Ho Chi Minh City, is scheduled to begin operation in late 2024. Takafumi Akino of Tokyo Gas, which is building an LNG terminal and a gas plant in northern Quang Ninh province, predicted "hard negotiations". PV Gas said this month it was in talks with U.S. energy giant ExxonMobil and Russia's Novatek on LNG cooperation.
Persons: Thi, Kaushal Ramesh, EVN, Japan's Marubeni, Takafumi, Rystad's Ramesh, Francesco Guarascio, Khanh, Emily Chow, Florence Tan, Phuong Nguyen, Tony Munroe, William Mallard Organizations: European Chamber of Commerce, Reuters, Energy, Tokyo Gas, Industry, Plant, Foreign, Delta Offshore Energy, Gulf International Holdings, Delta Offshore, Gulf Energy Development, Buyers, PV Gas, ExxonMobil, Russia's, Gas, Thomson Locations: Vietnam, Hanoi, HANOI, China, Thailand, Singapore, Philippines, Ho Chi Minh City, Oslo, U.S, Tokyo, Quang Ninh, South, Southeast Asia, Asia, Khanh Vu
StanChart to sell sub-Saharan Africa business to Access Bank
  + stars: | 2023-07-14 | by ( ) www.reuters.com   time to read: +2 min
DUBAI, July 14 (Reuters) - Standard Chartered (STAN.L) said on Friday it has reached an agreement to sell its subsidiaries in sub-Saharan Africa to Nigeria's Access Bank, putting into motion a plan announced last year to divest those businesses. Standard Chartered will sell its shareholding in its subsidiaries in Angola, Cameroon, Gambia and Sierra Leone to Access. It will also sell its consumer, private & business banking business in Tanzania to Access Bank, a subsidiary of Access Holdings (ACCESSCORP.LG). "Access Bank will provide a full range of banking services and continuity for key stakeholders including employees and clients of Standard Chartered's businesses across the five aforementioned countries," Standard Chartered said in a statement. The agreement is in line with Standard Chartered's global strategy "aimed at achieving operational efficiencies, reducing complexity, and driving scale," it said.
Persons: Sunil Kaushal, Roosevelt Ogbonna, Yousef Saba, Jason Neely Organizations: Nigeria's Access Bank, Chartered, Access Bank, Access Holdings, Thomson Locations: DUBAI, Saharan Africa, Angola, Cameroon, Gambia, Sierra Leone, Tanzania, Africa, Nigeria
Known as GUGI, the directorate is responsible for conducting sabotage and surveillance against critical maritime infrastructure, including undersea cables and energy pipelines. NATO's intelligence chief warned this year that Russia could attempt to sabotage undersea cables in retaliation for Western support of Ukraine. Yantar, the special-purpose survey ship, was spotted lingering near undersea cables west of Ireland in 2021. "We know that Russia has the capacity to map but also potentially to conduct actions against critical infrastructure," NATO Secretary General Jens Stoltenberg told reporters on June 16. "That's also the reason why we have, for many years, addressed the vulnerability of critical undersea infrastructure."
Persons: Sidharth Kaushal, Kaushal, GUGI, OLGA MALTSEVA, Sutton, Andrey Luzik, Jens Stoltenberg, That's, Stoltenberg, Constantine Atlamazoglou Organizations: NATO, Service, Directorate, Russian Ministry of Defense, Submarine, Royal United Services Institute, Getty, Barents Observer, Russia Ministry of Defense, US Navy, Norwegian Coast Guard, OLE BERG, NATO Maritime Centre, Fletcher School of Law, LinkedIn, Twitter Locations: Wall, Silicon, Russia, GUGI, British, St . Petersburg, AFP, Belgorod, Moscow, Olenya, Baltic, Severomorsk, Europe, Ukraine, Ireland, GUGI's St, Petersburg
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