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BRICS antitrust authorities turned against Covantis

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BRICS

BRICS Competitive Agencies are set to develop a new approach on food markets regulation; One of the largest global blockchain platforms on commodities, Covantis, may be the first to fall under restrictions

RIO DE JANEIRO, Brazil, December 12, 2024/APO Group/ — 

At the 3rd BRICS + (Brazil, Russia, India, China, South Africa, Egypt, Iran, Arab Emirates, Ethiopia + partners) Digital Competition Forum, the BRICS Competition Law and Policy Centre (www.BRICSCompetition.org) presented a new methodological approach to analyzing and regulating food markets that takes into account their accelerating digitalization. Specific tools that are being developed within the BRICS framework were also announced. One of the targeted tools will be the food market and restrictions on the activities of monopolists like Covantis.

Alexey Ivanov, Director of the BRICS Competition Law and Policy Centre, highlighted that digitalization strengthens the global power of large corporations, which, as a result, poses a threat of market monopolization. He urged BRICS antitrust regulators to pay close attention to a similar example of increasing market power through digitalization — the blockchain platform Covantis. The platform aims to digitize the entire agribusiness trade process, from contract management to final shipping. Founded by the largest agro-traders of the ABCCD group (ADM, Bunge, Cargill and Louis Dreyfus and COFCO) and Viterra, Covantis avoids antitrust scrutiny due to its structure. At the same time, the platform collects valuable commercial information about production from farmers and agricultural traders. The platform has already become a dominant player in grain trade. For example, in Brazil, 76% of grain exports go through the platform. In 2023, 53% of grain exports from the US, 34% from Canada and 51% from Argentina went through the Covantis platform. At the same time, the owners of the platform do not allow most of the local big players to enter. In essence, it is an exclusive platform, a quasi-cartel.

“Global food prices have reached the highest level in the last year and a half. Virtually all BRICS countries are currently undergoing antitrust investigations into the egg and chicken meat markets. Competitive agencies must take a new approach to regulating the food industry, not just by jointly analysing global food chains, but by analysing them taking into account all the implications of digitalization. This is the only way we will be able to tackle food security, which is particularly acute for the BRICS and partner countries. For example, the Covantis platform can be used by traders to share confidential information and vertical pressure on farmers. And of course the exclusionary behaviour of Covantis towards local players is of utmost importance. This should be the focus of attention of our countries’ competition authorities” – Ivanov explained.

This is the only way we will be able to tackle food security, which is particularly acute for the BRICS and partner countries

Based on the developed fair organized (exchange) trade in commodities and commodity derivatives within the BRICS framework, it is proposed to solve the problems related to market concentration and, as a consequence, insufficient consideration of the interests of small, medium and large enterprises, which will help to resolve issues related to the violation of the balance of interests of financial market players and producers and consumers of the real sector.

It is proposed to create within the BRICS framework representative indicators of exchange quotations and price indices for OTC transactions based on representative samples of actual transactions, reflecting the competitive composition of sellers and buyers and ensuring the use of universal means of delivery of traded goods. New approaches will contribute to the elimination of unproductive intermediation and increase stability in global commodity markets.

The development of a derivatives market based on reliable exchange and OTC cash commodity prices will create opportunities for BRICS economies to manage risks and pool resources, lead to positive consequences for business and society, strengthen cooperation and stimulate economic growth. Targeted subsidies and exchange mechanism will improve fiscal policy and infrastructure development.

Earlier this year, BRICS Competition Law and Policy Centre (BRICS Center) with the leadership of the Competition Policy and Assessment Center of the State Administration of Market signed a memorandum on long-term cooperation announced the launch and development of the Russian-Chinese exchange and trade platform in consumer goods and commodities which will become a basis for the further development of the universal exchange platform for all BRICS member-countries.

“If entrepreneurs of Russia and China work directly, through modern exchange mechanisms, which will not only allow to establish direct long-term ties, but also reduce prices for goods for end consumers, as it will eliminate the use of intermediary schemes. The task of experts and researchers in this regard is to develop a system of organizational, legal and economic measures and analyze the necessary conditions for the creation of exchange platforms and the development of exchange trade, including in the BRICS format” – Fu Hongwei, Director, Competition Policy and Assessment Center, SAMR; explained.

Distributed by APO Group on behalf of BRICS Competition Law and Policy Centre.

Energy

Angola Oil & Gas (AOG) Pre-Conference to Set the Stage for $70B Investment Drive

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Energy Capital

The AOG 2026 pre-conference in Luanda will advance investment, licensing, subsurface innovation, fiscal reform and local content strategies, setting the stage for Angola’s $70 billion upstream growth agenda

LUANDA, Angola, May 12, 2026/APO Group/ –The Angola Oil & Gas (AOG) 2026 conference and exhibition will once again host a dedicated pre-conference on September 8 in Luanda, ahead of the main event taking place from September 9–10. This strategic platform sets the technical and regulatory foundation for high-level discussions shaping Angola’s upstream and midstream investment landscape.

 

Featuring a series of in-depth presentations and workshops, the pre-conference runs from 09:00 to 18:00 and is designed to deliver targeted knowledge exchange through technical sessions and networking engagements. The program aligns closely with Angola’s objective of attracting approximately $70 billion in oil and gas investment over the next five years, setting the stage for conversation and deals-signings during the main conference agenda.

 

The pre-conference program emphasizes subsurface imaging and structural analysis across Angola’s most prospective basins, including the Lower Congo, Kwanza, Benguela and Namibe. Discussions will focus on unlocking pre-salt reservoirs, improving seismic clarity beneath complex salt formations and advancing exploration strategies in frontier and mature acreage.

 

In parallel, the pre-conference will address licensing opportunities and regulatory frameworks under Angola’s multi-year strategy lead by the National Oil, Gas & Biofuels Agency. Insights into the 2025/2026 licensing rounds will highlight offshore and onshore block availability, marginal field opportunities and progress under the Permanent Offer Program.

 

Fiscal competitiveness will form a central theme, with sessions benchmarking Angola’s evolving terms against global standards. Recent reforms – including reduced petroleum income tax rates, lower royalties for mature assets and increased cost recovery ceilings – have repositioned Angola as a more attractive destination for capital-intensive deepwater and gas projects.

 

The pre-conference also places strong emphasis on local content development and procurement optimization. With local participation reaching approximately 12% in 2025 and a national target of 20% by 2027, discussions will explore strategies to expand domestic capacity, strengthen supply chains and increase value retention within Angola’s energy economy.

 

Digital transformation is another core pillar of the program, reflecting the sector’s shit toward data-driven operations. Topics include the integration of AI-enabled systems, real-time monitoring of offshore assets, centralized data infrastructure and the modernization of regulatory oversight through digital platforms to enhance transparency and efficiency.

 

The structure of the day combines invitation-only networking sessions, in-depth technical workshops and targeted discussions on institutional strengthening. It concludes with a networking cocktail designed to facilitate deal-making and partnership building ahead of the main conference and exhibition.

 

The value of the pre-conference is underscored by outcomes of the 2025 edition, which delivered early insights into licensing rounds, supported multiple deal signings during the main event and introduced new engagement formats connecting local entrepreneurs with international investors and operators.

 

With participation expected from regulators, investors and technical experts across the energy value chain, the AOG 2026 pre-conference offers a focused environment to assess opportunities, understand regulatory direction and position for upcoming projects. Attendance is limited and demand is high. With slots filling up quickly, stakeholders are encouraged to secure their place at the AOG 2026 pre-conference to access critical insights and engage with key decision-makers shaping Angola’s next phase of energy growth.

Distributed by APO Group on behalf of Energy Capital & Power.

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DHL Express expands global portfolio with new Heavy Weight Express Service for shipments up to 3,000 kg

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DHL

Heavy Weight Express is designed to meet the needs of industries where shipment reliability and timing are critical business drivers

  • Heavy Weight Express enables global heavyweight express shipping up to 1,000 kg per piece / 3,000 kg per shipment
  • Proactive shipment control through dedicated Heavy Weight Priority Desks ensures high reliability and customer service support
  • DHL Express expands in the heavyweight segment, responding to growing demand

 

DHL Express (www.DHL.com) announced the worldwide expansion of its Time Definite International portfolio with the introduction of Heavy Weight Express (HWX), an express air solution for shipments up to 1,000 kilograms per piece and 3,000 kilograms per shipment. With this launch, DHL Express strengthens its role as a leading global integrator capable of moving heavyweight cargo with express speed and reliability across more than 220 countries and territories, supported by a dedicated aviation and ground network that ensures stable uplift, predictable transit times, and globally consistent handling standards.

Heavy Weight Express is designed to meet the needs of industries where shipment reliability and timing are critical business drivers. The service integrates fast, time‑definite delivery with full end‑to‑end control, proactive monitoring, and transparent all‑in pricing that eliminates the rate volatility and cost uncertainties associated with other areas of freight. Customers benefit from guaranteed express transit times, comprehensive shipment visibility at every stage, and DHL’s uncompromising operational standards, including stringent handling procedures for shock‑sensitive, high‑value, or regulated goods.

Heavy Weight Express represents a strategically important step for our business, expanding the value that DHL Express brings to global supply chains

DHL Express CEO John Pearson said “Heavy Weight Express represents a strategically important step for our business, expanding the value that DHL Express brings to global supply chains. As industries face rising volatility, increasingly complex production cycles, and significant financial exposure from delays and supply chain disruption, DHL’s ability to offer express‑level speed, access to capacity and higher reliability for shipments up to 3,000 kilograms fundamentally changes the service levels that customers can expect from their logistics provider.”

 

“Across Sub‑Saharan Africa, we are seeing customers move larger, more critical shipments at faster speeds as industries scale, modernise and integrate into global value chains. Heavy Weight Express responds directly to that need—combining DHL Express’ unmatched time‑definite reliability with the capability to move complex, heavyweight shipments without compromise. This service gives businesses certainty, visibility and control at a time when supply‑chain performance is a key competitive advantage,” said Hennie Heymans, CEO DHL Express SSA.

The introduction of HWX is supported by the introduction of dedicated Heavy Weight Priority Desks around the world. These specialized teams are responsible for proactive tracking, early exception detection, real‑time intervention, and direct communication with customers to ensure uninterrupted shipment flow. Each heavyweight shipment receives dedicated case ownership, giving customers predictability and personal attention often associated with smaller or specialist logistics providers, but with the additional advantage of DHL’s global integrator infrastructure, standardized processes, and 24/7 operational control.

The solution directly addresses six critical heavyweight use cases observed across global industries: avoiding production downtime, managing program and product launches with immovable timelines, optimizing working capital by reducing inventory buffers, supporting procurement‑driven large‑scale shipping environments, complying with stringent special handling requirements, and stabilizing complex multi‑site supply chains. These use cases are especially prominent in the technology sector, automotive manufacturing, engineering and machinery, life sciences, pharmaceuticals, and the oil and gas and energy sectors—industries where even small delays can result in severe financial impacts.

Reducing shippers’ dependence on fluctuating airline capacity and removing the cost variability of add‑on fees and handling surcharges, HWX offers customers the stability of a single carrier from pickup to delivery. DHL Express manages its own aircraft fleet, hubs, gateways, customs operations, and last‑mile delivery—providing customers with predictability even during periods of global disruption or limited air capacity.

Distributed by APO Group on behalf of DHL Express.

 

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Artificial Intelligence (AI) Strengthens Angolan Oilfield Operations as Easy People Backs Angola Oil & Gas (AOG) 2026 as Sponsor

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Energy Capital

Easy People’s Silver Sponsorship reflects its ambition to position digital infrastructure and IT solutions at the forefront of Angola’s upstream market

LUANDA, Angola, May 12, 2026/APO Group/ –Angola’s oil and gas sector is entering a new phase of digital acceleration, where artificial intelligence (AI), cloud computing and enterprise IT systems are becoming integral to operational performance. Within this transition, IT services and consulting company Easy People is positioning itself as a partner of choice for operators seeking to scale efficiency through digital solutions.

 

Easy People has been confirmed as a Silver Sponsor of the Angola Oil & Gas (AOG) Conference and Exhibition, taking place September 9–10, with a pre-conference day on September 8. The sponsorship reflects its commitment to placing digital infrastructure at the forefront of Angola’s hydrocarbon development. Its participation comes amid a broader AI-driven evolution in the country, where digital tools are increasingly being deployed to address operational challenges across the oil and gas value chain.

With a target of sustaining crude production above one million barrels per day, Angolan operators are under pressure to reduce costs while improving efficiency. To balance these priorities, many are moving beyond traditional workflows toward integrated digital environments that optimize exploration, production and asset management. AI-enabled analytics, predictive maintenance and real-time monitoring are beginning to reshape asset performance, particularly in complex offshore operations where inefficiencies can quickly translate into cost overruns.

One of the clearest examples of this shift is Angola’s national oil company, Sonangol. The company inaugurated a new corporate data center in 2026, consolidating previously fragmented systems into a single, high-security hub. Designed to centralize operational control, the facility supports Angola’s broader digital and energy transition agenda. By enabling faster processing of seismic and production data, it is helping move decision-making toward real-time, AI-enabled workflows and away from siloed legacy systems.

Angola’s Block 15 partners are also advancing AI-driven applications across operations. ExxonMobil is deploying autonomous drones for visual and acoustic inspections, reducing inspection times by around 60%. At Blocks 17 and 32, TotalEnergies is using Airborne Ultralight Spectrometer for Environmental Applications drone technology to measure methane emissions, while service providers such as Cabship are leveraging AI-powered software to improve operational visibility and accelerate decision-making.

Within this evolving ecosystem, Easy People plays a supporting but increasingly strategic role. By delivering scalable IT solutions tailored to operator needs, the company enables both major producers and independent players to integrate digital tools into core workflows. This is particularly relevant as independent operators expand their footprint in Angola and require flexible, cost-effective systems to remain competitive alongside larger incumbents.

AOG 2026 provides a platform to align these technology capabilities with industry demand. As Angola works to sustain production, address infrastructure constraints and improve project economics, digital transformation is emerging as a parallel priority alongside upstream investment. The participation of companies like Easy People reflects a broader recalibration in the sector: the next phase of Angola’s oil and gas growth will increasingly be shaped by data integration, systems intelligence and the operational application of AI.

Distributed by APO Group on behalf of Energy Capital & Power.

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