Texas’s oil regulator took action to reduce routine natural gas flaring but its efforts fall short of more aggressive measures requested by some investors and major producers. (Bloomberg) — Texas’s oil regulator took action to reduce routine natural gas flaring but its efforts fall short of more aggressive measures requested by some investors and major producers. The Railroad Commission of Texas changed the application form for producers wanting to burn off excess gas, it said in a statement. Producers will have to provide more detailed reasons on why they want to flare as well as more data and show efforts to reduce emissions. The new application process will reduce flaring times by 50% to 80% in some circumstances, the commission said, without providing specifics. The measures do not change the state’s flaring rule and do not include any targets. In a public comment period, European majors BP Plc and […]