Rise in population and improvement in standard of living, especially in developing countries, have increased the level of greenhouse gas emission in recent years. To meet the ever-increasing oil and gas demand has led to enormous quantities of co-produced gas flared as a waste by-product and large supplies of gas have emerged.

Globally, final product costs of refinery operations are becoming more dependent on processing fuel costs. Initially, waste and surplus gas from the oil & ... Read more

Future Market Insights (FMI) has released a new report titled, “Global Flare Gas Recovery System Market Analysis and Opportunity Assessment, 2014 - 2020.” According to the report, the global flare gas recovery systems market was valued at US$ 930.4 Mn in 2014, and is expected to reach US$ 2,019.5 Mn by 2020.

Global flare gas recovery system (FGRS) market is driven by factors such as government regulations, environmental pollution concerns and secure ... Read more

The global Flare gas recovery system market is expected to reach USD 3.02 billion by 2026, according to a new report by Reports and Data. When natural gases are refined, substantial amount of gases are flared for maintenance and safety reasons. The flared gas contains a large number of carbon emissions which causes a huge loss to the producers. The flared gas is also known as ... Read more