International
Nigeria has the resources and the leadership, we have never been more ready for business,” President Tinubu tells global energy industry

- ExxonMobil pledges nearly 40,000bpd in new Nigerian production in the short-term
President Bola Tinubu played host to a delegation consisting of the global leadership of an Oil & Gas transnational giant, ExxonMobil, on Monday in New York, where he made his position known that Nigeria is no longer settling for crumbs and leftovers on the investment agenda of the world’s most prolific energy conglomerates, saying “Nigeria has never been more ready for business than it is now.”

President Tinubu says, following an illustrious private sector career as a professional accountant in the oil & gas industry, he has proven his capacity to take difficult decisions as President and is best prepared to solve problems and crush all bottlenecks standing in the way of new and large-scale capital flowing into Nigeria’s oil & gas industry.
“The knotty issues require direct supervision on my part. Despite many contending obligations, I will sit down and oversee the process of removing these encumbrances to job and wealth creation for the Nigerian people. We know the industry. We grew up in it. We are positioned to solve the problems, and we are pragmatic, and we will solve the problem,” the President firmly assured.
ExxonMobil President of Global Upstream Operations, Liam Mallon, assured President Tinubu that he is aware of the new and personal commitment that the President is bringing to bear on behalf of Nigeria and is well placed to reciprocate the President’s efforts with new investment as he pledged new production of nearly 40,000bpd in its Nigerian operations in phase one of a new investment push in Nigeria.
“What you told us was that your team would collaborate with us, and that has proven true. We have made significant progress since we last met. We are growing our production, and we are working hard on expanding in the deep water production. We appreciate your efforts, and we will respond in kind. The time is right. Thank you for your leadership,” the ExxonMobil President stated.
International
JUST IN: 7.7-magnitude quake hits Myanmar

A powerful 7.7 earthquake hit central Myanmar on Friday, close to the country’s second city of Mandalay, home to around 1 million people and historic temple complexes, with tremors shaking buildings as far away as the Thai capital of Bangkok.
Video posted online from both countries showed panicked residents running from swaying residential towers as dust fills the air, and traffic comes to a sudden stop on busy city streets.
Myanmar is already reeling from more than four years of civil war sparked by a bloody and economically destructive military coup, with has seen military forces battle rebel groups across the country.
It remains one of Asia’s poorest nations and is ill-equipped to deal with major natural disasters.
One resident in Yangon, Myanmar’s commercial hub and around 380 miles away from the epicenter, told CNN: “We felt the quake for about one minute and then we ran out of the building.”
“We saw other people running out of the buildings too. It was very sudden and very strong.”
Another resident said phone networks in the city home to around 8 million people were briefly down following the quake but were now running again.
Video obtained by CNN from Myanmar appeared to show a road bridge spanning the Irrawaddy River that runs through Mandalay, collapsing into the river in a cloud of dust and water.
The epicenter was in nearby Sagaing region, which has been ravaged by the civil war, with the junta, pro-military militia and rebel groups battling for control and all running checkpoints, making travel by road or river extremely difficult.
In an early indication of the quake’s strength, tremors were felt not just in Thailand, but also China’s southwestern Yunnan province.
Video posted to X showed the collapse of a building in Chatuchak Park, Bangkok. The building, which appeared to be under construction, fell in a matter of seconds, kicking up a cloud of dust.
The National Institute for Emergency medicine says 43 people were trapped in the building while seven others have been injured.
A resident in Thailand’s northern city of Chiang Mai, who also did not want to be named, said “I felt it for about ten seconds in my room then I figured out I couldn’t stay inside. So I rushed out on to the street.”
CNN
International
World Heritage site in danger as South Korea wildfires continue to rage

The wildfires plaguing South Korea’s southeast region continued to rage on Tuesday, threatening a world heritage site and forcing thousands more residents to evacuate their homes.
With a population of 150,000 people, the city of Andong, home to Hahoe Village, a UNESCO World Heritage site, issued an alert to its residents to evacuate to safe areas.
Deadly wildfires continued to rage across the region as authorities designated the affected counties ‘special disaster zones’.
No fewer than four people have been killed and hundreds forced to flee their homes since blazes broke out in several areas on Saturday, stoked by strong winds and dry weather.
It was gathered that the wildfires have already gutted local landmarks including ancient Buddhist temples.
“Because this is such an old temple, it is so regrettable and heartbreaking that it has been burned down,” said Jeung Meung-suk, a 55-year-old Buddhist follower at Unramsa, a thousands-year old temple whose most buildings were burnt.
Meanwhile, acting President Han Duck-soo on Tuesday vowed to deploy resources from helicopters to workers on the ground to put out the fires as quickly as possible.
International
US offers $15 million for Chinese nationals accused of aiding Iran

The United States government has placed a bounty on Liu Baoxia, also known as Emily Liu, and three other Chinese nationals accused of supporting Iran.
The 43-year-old woman, a “procurement agent and arms broker”, is on the most wanted list of the Federal Bureau of Investigation (FBI).
Liu, Li Yongxin (Emma Lee), Yung Yiu Wa (Stephen Yung) and Zhong Yanlai (Sydney Chung) allegedly aided IRGC armaments production and sales through delivery of U.S. dual-use technology.
The Department of State, through its Rewards for Justice (RFJ) program, is offering a reward of up to $15 million for information leading to their arrest.
The U.S. is working to disrupt the financial mechanisms of Iran’s Islamic Revolutionary Guard Corps and its branches, all designated Foreign Terrorist Organizations.
The government accused the IRGC of financing terrorist attacks globally, “including via its external proxies such as Hamas, Hezbollah, and Iran-backed militia groups in Iraq.”
A statement by the department said the IRGC partly funds its terrorist activities through sales of military equipment, including unmanned aerial vehicles or drones.
On Thursday, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced it had sanctioned a “teapot” oil refinery and its chief executive officer.
The allegedly purchased and refined hundreds of millions of dollars’ worth of Iranian crude oil from vessels linked to the Ansarallah, aka the Houthis, and the Iranian Ministry of Defense of Armed Forces Logistics.
Secretary of the Treasury Scott Bessent stated that the teapot refinery’s purchases of Iranian oil “provide the primary economic lifeline for the Iranian regime.”
Bessent reiterated America’s commitment to “cutting off the revenue streams that enable Tehran’s continued financing of terrorism and development of its nuclear program.”
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