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Gazprom profit rises after gas shipments to Europe increase

Bloomberg Gazprom PJSC’s profit jumped to the highest in three years as natural gas sales to Europe surged. Unexpectedly cold weather from Germany to the UK boosted Russia’s gas sales into the region by 8 percent in the first three months of the year. That along with stronger prices helped lift income for the nation’s gas-pipeline monopoly. The results may ...

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Shale’s surge crashes into bottlenecks

Bloomberg The US shale surge is crashing headlong into a barrage of bottlenecks. From West Texas pipelines to Oklahoma storage centers and Gulf Coast export terminals, the delivery system for American crude is straining to keep up with soaring production. That’s limiting the industry’s ability to take full advantage of growing worldwide demand, with US barrels forced to take an ...

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India to intensify scrutiny of citizens’ social media, emails

Bloomberg India’s government is looking for a company to analyse social media posts to help boost nationalism and neutralise any “media blitzkrieg by India’s adversaries.” In a lengthy tender posted online, India’s Ministry of Information and Broadcasting said it wants a company to provide analytical software and a team of at least 20 professionals to “power a real time New ...

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