Bloomberg Network International shares surged in London trading after the payments processor raised 1.1 billion pounds ($1.4 billion) in an initial public offering that’s the biggest listing in Europe so far this year. Network International jumped 22 percent to 532.20 pence in London. The Dubai-based company sold 200 million shares for 435 pence each, according to a statement on Wednesday. …

SHARJAH / WAM Dana Gas has announced that its average production for Q1, 2019 has increased by 6 percent year-on-year to 68,700 barrels of oil equivalent per day (boepd) from 65,000 boepd in Q1 2018. The first quarter production increase was led by the KRI (Kurdistan Region of Iraq), which leapt to 32,750 boepd in Q1, 2019 from 26,300 boepd …

Bloomberg First Mexico’s president told oil drillers to produce more. Now he wants fuel stations to charge less. Mexican President Andres Manuel Lopez Obrador is calling on fuels, liquid petroleum gas, and natural gas distributors to review their profit margins and pass on more tax savings to consumers in his latest crackdown on the private energy market. Mexico offers subsidies …