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September 22, 2017 11:21 pm

North Sea hit by fall in oil price | FT Business

OPEC Says Winning Battle To Curb Oil Glut

Output cuts by OPEC and other oil producers are clearing a supply glut that has weighed on crude prices for three years, ministers said at a Friday meeting.

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Shale Billionaire Hamm Slams ‘Exaggerated’ US Oil Projections

Harold Hamm says the government was way too optimistic with its prediction of more than 1 million new barrels a day in US production.

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Phillips 66 Partners To Buy Bakken Assets From Phillips 66

Phillips 66 Partners LP says it would buy pipeline and other assets from parent Phillips 66 in a $2.4B deal.

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Europe Diesel Exports Hit Record as Harvey Redraws Trade

Traders expect the European exports to continue for several more weeks.

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Sri Lanka in Talks with Two Chinese Firms for $3 Bln Refinery

Sri Lanka wants to build a new refinery in its southern Hambantota port.

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