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BusinessOman Backs U.S. Firm Mining Crypto to Cut Gas FlaringCrusoe Energy says it plans to open an office in OmanMiddle East, North Africa account for 38% of global flaringByNaureen S Malik+FollowJune 1, 2022, 12:03 PM UTCUpdated onJune 1, 2022, 3:01 PM UTCSign up for our Middle East newsletter and follow us @middleeast for news on the region.Oman’s sovereign wealth fund took an equity stake in a U.S. firm that says it helps fossil-fuel producers cut flaring by using stranded natural gas to power cryptocurrency mining instead.
