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Saudi Arabia Oil Exploration News is an EIN News Service for oil and gas industry professionals. Constantly updated news and information about Saudi Arabia Oil & Gas.
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Latest Saudi Arabia Oil Exploration News

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  • How Offshore Oil and Gas Production Benefits the Economy and the Environment 30 Nov 2009 19:09 GMT
    ... Conventional wisdom holds that offshore oil and gas production harms the surrounding environment. ... Gulf of Mexico -- are off-limits to exploration and drilling. Government studies estimate that these ... oil and tar. Papers published by British Petroleum in the early 1990s show that over ...

  • The Difference Between Oil Shale and Shale Oil 30 Nov 2009 19:33 GMT
    ... Atlantic Richfield's 60% interest in the Colony Oil Shale project in Colorado for $400 million. ... compelling investment opportunities in the North American exploration and production (E&P) industry today: shale oil. ... the first stages in the process of petroleum generation from organic matter; bitumen--the hydrocarbon targeted ...

  • Supermajors' resources might be drying up 30 Nov 2009 14:33 GMT
    ... the forefront the challenges facing the supermajor oil and gas companies. Despite dominating hydrocarbon development throughout the ... , are often as equally skilled at exploration and production but also often lack the ... capital costs, higher operating costs, and lower-quality crude. Other accessible resource deposits fall much higher ...

  • Oil Supermajors' Resources Might Be Drying Up 30 Nov 2009 21:40 GMT
    ... to bear on these projects. Large independent oil companies, such as Anadarko ( , are often as equally skilled at exploration and production but often lack the financial ... capital costs, higher operating costs, and lower-quality crude. Other accessible resource deposits fall much higher ...

  • Kurdistan: A lot of oil, a lot of risk 6 Dec 2009 04:35 GMT
    ... Kurdistan: A lot of oil, a lot of risk The future of ... Exxon, Royal Dutch Shell PLC, China National Petroleum Corp. and Italy's Eni SpA have either ... the regional government, which has been awarding exploration licences. Now, those firms find themselves in ...

  • Pump It Up: The Development of Iraq's Oil Reserves 27 Nov 2009 18:34 GMT
    ... grab by Western companies for Iraq's vast oil reserves. Nearly seven years on - and ... partnership between Britain's BP and China National Petroleum Corp. (CNPC) for production rights to southern ... - and so will not require lengthy exploration before pumping can begin. Fresh from a ...

  • Falklands' Oil - Time to Defuse the Bomb 4 Dec 2009 02:34 GMT
    ... Falklands' Oil - Time to Defuse the Bomb December ... prices it is difficult to obtain an exploration rig, let alone one for production. If ... for drilling in a frontier province. Desire Petroleum had to wait years for a suitable ...

  • Falklands' oil reserves to help British economy, says Telegraph 2 Dec 2009 15:18 GMT
    ... Falklands’ oil reserves “to help British economy”, says Telegraph ... The four British companies named are Rockhopper Exploration, Desire Petroleum, Falkland Oil and Gas and Borders and ...

  • Int'l oil investment shrinks 20% amid financial crisis: OAPEC 6 Dec 2009 03:10 GMT
    ... Oil ministers of the Organization of Arab Petroleum Exporting Countries (OAPEC) said Saturday that international ... especially in the area of research and exploration," said Egyptian Minister of Petroleum Sameh Fahmi. ...

  • Losing Our Golden Egg: N.M.'s Oil, Gas Revenues Shrinking Due To Tougher Regulations, Supply Glut 29 Nov 2009 21:11 GMT
    ... become increasingly anti-business," said David Entzminger, a petroleum geologist with Whiting Petroleum Corp. based in ... reap what you sow." The New Mexico Oil and Gas Association and the state Oil ... to the industry. The state first encouraged exploration of Otero Mesa in southern New Mexico, ...

  • Are we scraping the bottom of the oil barrel? 30 Nov 2009 21:48 GMT
    ... Western oil firms see part of their salvation from markets ... claims the world is running out of crude. BP recently boasted about a "giant" strike ... Gulf of Mexico and BG, the former exploration arm of British Gas, talked of its ...

  • Iraq and its oil: Deterring foreign investors (Sep 24th) 3 Dec 2009 18:51 GMT
    ... Iraq’s ramshackle oil ministry is not encouraging foreign investment SUITORS ... ministry has been telling companies looking for exploration and drilling contracts to give unusually large ... Even so, BP and the China National Petroleum Corporation (CNPC), which won the contract, are ...

  • Sudan feeds 80 percent of Ethiopia's oil demand 30 Nov 2009 08:55 GMT
    ... 80 % of its total demand for petroleum from neighboring Sudan, easing the horn of ... of and gas journal, Sudan holds proven reserves of 563 million barrels in 2006.more than ... twice with what was proven in 2001.With exploration efforts still underway the Sudanese energy minister ...

  • IRAQ: A LAND OF RISK AND REWARD 6 Dec 2009 04:35 GMT
    ... investors assembling here speak a common language: oil. Kurdistan sits on plenty of it, and ... Exxon, Royal Dutch Shell PLC, China National Petroleum Corp. and Italy's Eni SpA have either ... the regional government, which has been awarding exploration licences. Now, those firms find themselves in ...

  • Analysis: Chevron Steadily Grows Profits 4 Dec 2009 23:34 GMT
    ... supermajors, Chevron Corp. is the second-largest US oil company by market value, the largest private producer ... The company produces nearly half of Indonesia's crude oil and is the top leaseholder in ... has added about 1 Bboe/year through its exploration program. According to Chevron, its major capital ...


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