Iran, Iraq, Libya, Nigeria and Venezuela will add roughly 900,000 barrels a day of production this year and at least the same in 2024, the bank estimates.
Modi said the COVID-19 pandemic emphasized the importance and need for resilient and inclusive supply chains during the 15th BRICS Summit in Johannesburg, South Africa.
The winners this season are going to be companies that keep their loyal customers close, and maintain a real focus on customer service. They'll also be deploying AI.
Starting from the middle of 2026, BASF will receive about 800,000 tons of LNG annually from Cheniere Energy Inc. in an agreement that runs through 2043.
Africa’s reserves of critical minerals make the continent key to the success of the global semiconductor and EV markets, but it could also benefit from supply chain diversification.
These policy reforms will lead to efficiency and productivity gains and enable “stable prices for consumers, assured supplies and remunerative proceeds for farmers,” said the Reserve Bank of India.
Over 64% of businesses believe they can increase their productivity by using AI, making it imperative for organizations to embrace this form of technology.