Bloomberg Amazon.com Inc., locked in a margin-crushing price war, is offloading costs onto suppliers and limiting the number of single, low-priced items shoppers can purchase in an effort to offset rising shipping costs. In a marked shift in strategy, the e-commerce giant is raising transportation fees for suppliers of beverages, diapers and other heavy, bulky products that are expensive to …

LONDON / WAM UAE-based Petrofac, a leading service provider to the oil and gas production and processing industry, on Wednesday announced that it has been awarded a contract by Hindustan Petroleum Corporation Limited, HPCL, for its Sulphur Recovery Unit (SRU) Block Package for the Visakh Refinery Modernisation Project at Visakhapatnam in the Indian state of Andhra Pradesh. The lump-sum EPC …

LONDON / Reuters Compliance with a global deal to cut oil supply hit a new high in February, a joint OPEC and non-OPEC committee estimated, suggesting a rise in the price of crude has not weakened commitment. Producers in the pact achieved 138 percent of pledged output reductions last month, OPEC said in a statement, a record since the deal …