Energy

Gazprom postpones construction of pipeline to China – report

MOSCOW, Sept 4 (Reuters) – Russia’s state-owned gas producer Gazprom has postponed construction of a pipeline to China until next year, the Vedomosti newspaper reported on Wednesday, as Moscow and Beijing have failed so far to agree terms on pricing.



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India’s exporters assess rupee’s fall

A depreciating rupee should offer exporters an opportunity but some sectors fear that high import costs and bureaucracy could temper any benefits

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Oil hit by falling Libyan output

Profits for European refiners are being squeezed as light sweet crude production stalls in Libya and also Nigeria, where output is at a four-year low

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