BEIJING / Reuters China is pulling in ships from all over to avoid a natural gas supply squeeze ahead of another cold snap and as the world’s most populous nation prepares for Spring Festival celebrations. Fuel demand in January and February typically slows as temperatures improve compared with the busiest month, December, but data suggests this year could buck the ...

Bloomberg The global oil industry’s backlog of big drilling projects is starting to shrink as prices improve. From production vessels tapping Brazil’s deep-water reserves to pipes connecting rigs to underwater wells in China, the number of ventures delayed since the oil crash that finally got approval to get off the ground totaled 18 last year, according to a report by ...

Bloomberg Scraping the bottom of the oil barrel for cheap fuel may be turning into a multi-billion-dollar headache for India’s largest crude refiner. The South Asian nation’s battle against pollution has left Indian Oil Corp. searching for alternative markets to sell petroleum coke, the cheapest and dirtiest among the oil products. A host of new limits on the fuel’s use ...