| 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 |
WASHINGTON (CNN) -- President Bush leaves for the Middle East on Tuesday to celebrate the United States' ties with its top allies in the region -- Israel, Saudi Arabia, Egypt and Jordan. President Bush, from left, Mahmoud Abbas and Ehud Olmert meet ...
Publ.Date : Tue, 13 May 2008 19:31:00 GMT
A group of US senators Tuesday threatened to block a billion dollar US arms deal with Saudi Arabia unless the kingdom ups oil production and helps cut soaring gasoline prices. The senators, all Democrats, introduced a resolution of disapproval on the ...
Publ.Date : Wed, 14 May 2008 00:32:00 GMT
WASHINGTON, May 13 (Reuters) - Democrats trying to pressure Saudi Arabia to boost oil output introduced legislation in the Senate on Tuesday that would stop a $1.4 billion U.S. arms sale to the kingdom. "We are saying that we need real relief and we ...
Publ.Date : Tue, 13 May 2008 20:57:00 GMT
Resize Text WASHINGTON (Reuters) - Senate Democrats on Tuesday introduced legislation to stop a U.S. arms sale to Saudi Arabia worth $1.4 billion in a tactic supporters said was aimed at pressuring the OPEC country to increase its oil output. "We are ...
Publ.Date : Tue, 13 May 2008 21:12:00 GMT
Washington: US President George W Bush will discuss rising oil prices and subsequent effects on global economies with Saudi Arabia’s King Abdullah later this week, he said on Monday. In an interview on CBS News radio, the American leader said ...
Publ.Date : Tue, 13 May 2008 21:04:00 GMT
OTTAWA — Emerging economies are contributing to record oil prices by subsidizing demand in their home markets as they seek to shelter their populations from the impact of crippling fuel costs, the International Energy Agency says in a new report ...
Publ.Date : Wed, 14 May 2008 00:54:00 GMT
DENVER -- Sen. Ken Salazar, D-Colo., said Tuesday that he will introduce a bill to slow down moves toward commercial oil shale development in the region. His announcement came the same day that an amendment intended to speed up oil shale development ...
Publ.Date : Wed, 14 May 2008 00:25:00 GMT
WASHINGTON - Democrats trying to pressure Saudi Arabia to boost oil output introduced legislation in the Senate on Tuesday that would stop a $1.4 billion U.S. arms sale to the kingdom. "We are saying that we need real relief and we need it quickly ...
Publ.Date : Tue, 13 May 2008 20:57:00 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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