| Saudi Arabia Oil Industry
News |
Occupying four-fifths of the Arabian Peninsula, Saudi Arabia has
about one third of the world reserves of petroleum. Saudi Arabia
is the largest petroleum producer of OPEC, and one of the leading
oil exporters of the world. Oil can be retrieved so inexpensively
since it is so close to the surface. Saudi Arabia can control
prices since it also has the world's largest developed reserve
pumping capacity for oil.
Saudi has over 300 recognized reservoirs, with 90% of it's oil coming
from the five super giant fields. There have been no new discoveries
of giant fields since the 1970's. Saudi Arabia's most significant
oil field is Ghawar. Ghawar is the world's largest oil field and
accounts for 55% - 60% of all Saudi oil produced.
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| Current Saudi Arabia Oil
Industry News |
Updated :
Saudi Aramco will award the offshore oil infrastructure deal in April We notice you are not signed in. The article you are trying to access is available with a free MEED registration or to paying MEED subscribers. If you are a MEED registrant or ...
Publ.Date : Wed, 10 Mar 2010 18:39:00 GMT
Top crude oil exporter Saudi Arabia will keep supply at full contracted volumes in April to at least six of its Asian term buyers, industry sources said on Wednesday, except for a major buyer who will receive 10 percent less than nominated volumes.
Publ.Date : Wed, 10 Mar 2010 07:55:00 GMT
Mar. 10--HOUSTON -- While touting the development of alternative energy technologies such as solar power, the CEO of Saudi Arabia's national oil company stressed Tuesday that traditional fossil fuels -- oil, natural gas, coal -- will be kings of the ...
Publ.Date : Wed, 10 Mar 2010 16:16:00 GMT
ABU DHABI — Somali pirates have captured a Saudi crude oil tanker with a crew of 14. The tanker, identified as Al Nisr Al Saudi, was intercepted and boarded by Somali pirates in the Gulf of Aden on March 1. The European Union Naval Force confirmed ...
Publ.Date : Wed, 03 Mar 2010 23:55:00 GMT
RIYADH-- Saudi Arabia's King Abdullah said on Sunday that the oil giant would maintain its moderate policies which had helped limit the damage of the global financial crisis. "The kingdom has continued to be moderate in its approach to the global oil ...
Publ.Date : Sun, 07 Mar 2010 14:25:00 GMT
A Geutebruck CCTV system was chosen to secure the outer perimeter of Saudi Aramco's oil terminal at Ras Tanura on the Persian Gulf, where the world's biggest oil company has an oil operations centre, a refinery and a port with artificial islands to ...
Publ.Date : Thu, 11 Mar 2010 01:05:00 GMT
NAIROBI, Kenya (AP) — The European Union Naval Force says Somali pirates have hijacked a Saudi tanker with 14 crew onboard. Cmdr. John Harbour said Wednesday that the Al Nisr Al Saudi usually carried fuel oil but was empty when it was taken on ...
Publ.Date : Wed, 03 Mar 2010 10:33:00 GMT
Yar'Adua's absence brought Nigeria's economy to the brink of constitutional ... ministers, pledging to tackle power shortages and forge ahead with an amnesty in the oil-producing Niger Delta. Some politicians have said he could win support to run for ...
Publ.Date : Tue, 23 Feb 2010 23:57:00 GMT
TOKYO/SINGAPORE, March 10 (Reuters) - Saudi Arabia will reduce crude supply in April to a major Asian buyer ahead of OPEC's meeting next week, the first cut to a big lifter since late last year, but will keep full contracted volumes to others. The ...
Publ.Date : Wed, 10 Mar 2010 15:47:00 GMT
www.companiesandmarkets.com/Summary-Market-Report/saudi-arabia-u .. Saudi Arabia Upstream Oil & Gas Fiscal Regime: 2010 Saudi Arabia upstream oil and gas fiscal regime report is an essential source for information related to the upstream fiscal ...
Publ.Date : Tue, 09 Mar 2010 12:56:00 GMT
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| Saudi Arabia Oil & Gas
Industry Links |
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United States Government
United States Department of Energy - Energy Information Administration
- Country Brief -Saudi Arabia
CIA
World Factbook on Saudi Arabia
U.S.
State Department's Consular Information Sheet -Saudi Arabia
Associations and Institutions
Middle
East Institute
The
Saudi Arabia Information Resource
OPEC
World
Energy Council (WEC)
Governmental Agencies
Ministry
of Petroleum and Mineral Resources
Royal
Commission for Jubail and Yanbu
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