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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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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. —Equatorial Guinea’s Minister Gabriel Mbaga Obiang Lima. West-Central Coastal Province, West Africa. —DRC Minister Didier Budimbu Ntubuanga.