The oil and gas industry is capturing 94% of all gas produced, meeting the state’s target in place to reduce the amount of gas wastefully flared, often due to a lack of infrastructure. There are several parts of the Bakken where flaring is significant, however, and Helms said he plans ...
It noted the importance of crude oil and natural gas to the global economy and in meeting current and future energy demand, highlighting that both commodities will account for around half of the total global energy mix in the decades ahead. “Together, Opec and GECF can count on their ...
“It’s still too early” to throw in the towel on the OPEC-Russia alliance following the most recent discord, one Gulf delegate told S&P Global Platts. “But hopefully Russia will come around after taking some time.” Oil prices have cratered since OPEC and Russia failed to ...