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.

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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.

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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.

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U.S. coal production projected to grow: EIA/STEO

February 13, 2017 0

U.S. coal production is estimated to have declined by 158 million short tons (MMst), or 18% in 2016, to 739 MMst, which would be the lowest level since 1978, the Energy Information Administration states in  the latest Short-Term Energy Outlook (STEO).

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