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Platts: June OPEC output of 32.73M barrels of crude per day, highest since Aug. 2008

Green Car Congress

Oil production from the Organization of the Petroleum Exporting Countries (OPEC) crude oil output surged 300,000 barrels per day (b/d) in June, close to an eight-year high of 32.73 Meanwhile, OPEC added a new member in July—Gabon—and next month Nigeria’s Mohammed Barkindo will take over as the group’s secretary general.

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GE study finds 5% of worlds natural gas production wasted per year by flaring

Green Car Congress

Worldwide, billions of cubic meters (bcm) of natural gas are wasted annually, typically as a by-product of oil extraction. Depending on region, these may include power generation; gas re-injection (for enhanced oil recovery, gathering and processing); pipeline development and distributed energy solutions. Advance local solutions.

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