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September 25, 2016 4:56 am

North Sea hit by fall in oil price | FT Business

Nigeria Lawmakers To Investigate $17B Oil Theft Claim

Lawmakers in Nigeria’s lower house of parliament are to investigate whether $17 billion of petroleum and fuel exports were stolen by companies and government agencies.

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BLOG: McDermott Workforce Factor in Altamira Facility’s Bright Outlook

McDermott International official says Altamira facility workers a “revelation” and part of facility’s success.

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OPEC Under Pressure To Act In Algiers As Oil Surplus Triples

As OPEC prepares to meet in Algiers next week, the oil market is reminding the group’s members what’s at stake if they fail to reach a deal.

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What Does OPEC’s Freeze Talk Really Mean?

Some unnamed sources say Saudi Arabia may be willing to cut its production, but non-OPEC member Russia says production cuts off the table.

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Saudis Offer Oil Cut For OPEC Deal If Iran Freezes Output

Saudi Arabia has offered to lower its own oil production if rival Iran agrees to cap its output this year, in a major compromise ahead of talks in Algeria next week.

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