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

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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.

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Opinion: Is Russia Plotting To Bring Down OPEC?

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Live by Energy…. Energy is the foundation of Russia, its economy, its government, and its political system. According to the IMF’s 2015 Article IV Consultation-Press Release and Staff Report , published August 3, oil and natural gas exports constituted 65 percent of exports, 52 percent of the Federal government budget, and 14.5

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Equatorial Guinea, DRC to develop joint oil refinery and storage facilities

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The agreement provides for the establishment of a working group to achieve shared energy objectives and the implementation of specific projects. The agreement provides for the establishment of a working group to achieve shared energy objectives and the implementation of specific projects. West-Central Coastal Province, West Africa.