Bloomberg Russia’s natural gas exporter is channeling more money into its fight for market share as the US threatens its biggest European pipeline project with possible sanctions and looks to deliver more fuel to the region by tanker. Gazprom PJSC plans to spend 802 billion rubles ($13.7 billion) on routes to Europe and China in 2018, almost 41 percent more ...

Bloomberg Saudi Arabia announced its budget deficit narrowed in 2017 to below 10 percent of economic output for the first time since the collapse in oil pri- ces, as the kingdom prepared to unveil what is expected to be an expansionary budget for next year. The shortfall dropped to 8.9 percent of gross domestic product from almost 13 percent in ...

Bloomberg India’s state-backed Energy Efficiency Services Ltd. is delaying its initial share sale on expectatio- ns that an increase in its revenue will make the offering more attractive to investors. EESL, which is tasked with helping the nation reduce emissions, initially planned to launch its initial public offering as soon as the fourth quarter. It has now pushed back the ...