U.S. crude producers raised investment in Q4 2016

April 4, 2017 0

Capital expenditures for 44 U.S. onshore-focused oil production companies increased $4.9 billion – 72% — between the fourth quarter of 2016 and the fourth quarter of 2015, based on their quarterly financial statements.

[…]

Petrobras’ oil, gas output slightly down in February

March 16, 2017 0

Brazilian state-controlled oil and gas company Petrobras saw its output decline slightly in February, on a monthly basis, amid scheduled stoppages at platforms. Total oil and gas output reached 2.82 million barrels of oil equivalent per day (MMMBOE/d) last month, compared to 2.86 MMBOE/d in January.

[…]

OPEC’s deal compliance at 91%, non-OPEC at 37%

March 16, 2017 0

The International Energy Agency (IEA) estimated on Wednesday OPEC’s compliance to its deal aimed at cutting output by 1.2 million barrels per day (MMBPD) between January and June stood at 91% in February, Kallanish Energy learns.

[…]

Chinese authorities propose radical production cuts

February 14, 2017 0

China’s Ministry of Environmental Protection (MEP) has proposed that steelmakers in 28 cities across five provinces would have to significantly reduce steelmaking activities between late November and late February every year, reports suggested Monday.

[…]

[…]

U.S. natgas production projected to climb in 2017: STEO

February 13, 2017 0

U.S. dry natural gas production is forecast to average 73.7 billion cubic feet per day (Bcf/d) in 2017, a 1.3 Bcf/d increase from the 2016 level, according to Energy Information Administration data in the just-released Short-Term Energy Outlook (STEO).

[…]

1 2 3 18