Bloomberg Oil and Natural Gas Corp. is facing a delay of at least a year in starting production from its biggest project, according to people with knowledge of the matter. The nation’s top explorer, which planned to produce gas from a deep water block in the Krishna-Godavari Basin off the country’s east coast from June 2019, won’t produce first gas …

Bloomberg Oil’s rally is unraveling on fears over a rise in US production after crude’s best January in more than a decade. Futures in New York are extending declines for a second session as Baker Hughes data showed American explorers last week raised the number of rigs drilling for crude to the highest in almost six months. Short-sellers betting against …

Bloomberg Chinese developers are driving convertible bond sales in Hong Kong as analysts warn of a stock price correction. Seven Chinese companies have sold HK$41.8 billion ($5.3 billion) of the hybrid securities this year, surpassing previous full-year totals, according to data compiled by Bloomberg. Led by China Evergrande Group’s record sale this week, five developers have priced convertibles, which typically …