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

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If half of this flare gas (25 bcm per year) was captured and sold at prevailing domestic prices in Russia, the economic opportunity may exceed US$2 billion (65 billion rubles). Elsewhere in West Africa, Angola, Equatorial Guinea, Gabon, Congo and Cameroon collectively waste about 10 billion cubic meters of natural gas every year.

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Pensana plans $125M rare earth separation facility in England

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UK-based Pensana plans to build, subject to funding, a US$125-million sustainable rare earth separation facility at the Saltend Chemicals Park (“SCP”) in Humber, UK. The Saltend plant would purify rare earth sulfates, which would be imported from the company’s Longonjo mine in Angola.

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