In total, Indian refiners want to lock in about 500,000 barrels per day of Russian crude supplies, said sources who could not be identified as negotiations are private.

The agreement, which took effect in January, allows gas to be shipped via pipeline to Italy and then on to Germany, a spokesperson for Sonatrach said.

P.S. Subramaniam, a partner in the Strategic Operations and Performance practice of Kearney, explains how electronics manufacturers went from having too few materials and components on hand to too many in a very short time — and how they can do a better job of planning in the future.

As they grow ever more complex, modern supply chains require comprehensive lifecycle orchestration.

The move came out January 26 after a BBC documentary entitled “Boohoo’s Broken Promises” accused the fast-fashion chain of putting undue pressure on garment suppliers.

V-LINE said in a statement that its partnership with Verusen will help companies with industrial plants in Saudi Arabia streamline operations, reduce costs and boost efficiency.

The American car manufacturing giant said that it would be cutting back production at its Michigan Rouge Electric Vehicle Center to just one shift starting April 1, 2024.

Erin Fox, the associate chief pharmacy officer at the University of Utah, claimed that the most recent drug shortages in the U.S. are the “worst” in a decade.