Saudi Arabia is pumping crude at record levels in 2015 as it looks to cling onto market share in the face of the North American shale oil revolution. Output is currently estimated at about 10.5 ...
Concerns about global oil peaking due to declining reserves at Saudi Aramco’s Ghawar oil field may be overstated, according to Bernstein Research commenting on the results of a recent satellite survey ...
Much has been made about the role that hydraulic fracturing – or fracking -- has played in revolutionizing the energy landscape, unlocking vast new reserves of oil trapped in shale rock. This “tight ...
Some of the most secretive, highly-anticipated details about the Saudi oil industry have just been released. Saudi Aramco is preparing to launch a major bond issuance to purchase the Saudi ...
RIYADH, Nov 15: The World Energy Outlook issued by the Paris-based IEA has helped ease concerns about the continued productivity and the remaining life of the Ghawar oil field in Saudi Arabia. The ...
'This first production of unconventional tight gas from South Ghawar is a milestone that demonstrates real progress on our gas expansion strategy'. Image by JHVEPhoto via iStock Integrated energy and ...
Copyright 2004 G.R. Morton This can be freely distributed so long as no changes are made and no charges are made. There are four oil fields in the world which produce ...
RIYADH, Saudi Arabia, Sept. 28 (UPI) -- New technology to tap into porous rock formations in the Ghawar oil field in Saudi Arabia could expand production at the giant field, the operator said. The ...
LOS ANGELES, Dec. 10-- Concerns about global oil peaking due to declining reserves at Saudi Aramco's Ghawar oil field may be overstated, according to Bernstein Research commenting on the results of a ...
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