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Saudi Arabia Oil & Gas Reserves 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 & Gas Reserves News

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  • Minister says oil exploration work intensified 7 Nov 2009 09:41 GMT
    ... to the 1950s. The oil discoveries in Saudi Arabia raised hopes for a similar discovery ... Tenneco, an American oil company, discovered natural gas reserves in Calub and Hilala localities in 1973. ... 1973. The company also discovered non-commercial crude oil reserves in Hilala. Regarding minerals exploration, Alemayehu said ...

  • GCC key destination for foreign investors 7 Nov 2009 09:28 GMT
    ... reserves and 20 percent of the world gas reserves will continue to play an important role ... http://www.arabnews.com. Copyright (c) 2009, Arab News, Jeddah, Saudi Arabia Distributed by McClatchy-Tribune Information Services. For ...

  • Yemen sends 1st LNG shipment,seeks to allay fears 7 Nov 2009 13:05 GMT
    ... launch of the country's shipment came as Saudi Arabia was carrying out air strikes on ... 17.3 trillion cubic feet of proven natural gas reserves, according to a BP statistical review. Most ...

  • Yemen joins gas exporters' club 7 Nov 2009 17:16 GMT
    ... producer despite its proximity to oil powerhouse Saudi Arabia, is one of the world's poorest ... 259 billion cubic metres in proven natural gas reserves. Addressing the ceremony, the Yemeni president spoke ...

  • Applause for Rep. Betty Sutton's support of Natural Gas Act 7 Nov 2009 11:11 GMT
    ... Reader letters to The Plain Dealer on cleveland.com Applause ... of natural gas are equal to the oil reserves of Saudi Arabia. We appreciate Sutton's support of a ...

  • Saudi fighter jets bomb rebels in Yemen 6 Nov 2009 02:28 GMT
    ... Saudi fighter jets bomb rebels in Yemen Published: ... country faces severe water shortages and its oil resources, which dominate the economy, are being depleted ...

  • Halliburton Awarded Integrated Turnkey Drilling Contract for South Ghawar 6 Nov 2009 12:50 GMT
    ... injection and evaluation wells. This contract is Saudi Aramco's first-ever award for an integrated turnkey ... barrels of oil and manages the fourth-largest gas reserves in the world, 263 trillion cubic feet. ...

  • Halliburton Awarded Integrated Turnkey Drilling Contract for South Ghawar (BIZ) 6 Nov 2009 12:55 GMT
    ... injection and evaluation wells. This contract is Saudi Aramco's first-ever award for an integrated turnkey ... barrels of oil and manages the fourth-largest gas reserves in the world, 263 trillion cubic feet. ...

  • Halliburton lands Ghawar field contract 6 Nov 2009 17:50 GMT
    ... HOUSTON, Nov. 6 (UPI) -- Oil field services company ... it was awarded a drilling contract by Saudi Aramco for the Ghawar field, the largest ... more than 71 billion barrels of proven oil reserves remaining in the field. The services company ...

  • OPEC basket price down 15 cents to USD 77.45 pb 6 Nov 2009 14:37 GMT
    ... VIENNA, Nov 6 (KUNA) -- The price of OPEC basket ... the sudden and huge decline of US oil reserves which reached four million barrels. Recently, OPEC ... Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela). (end) ...

  • Shrinking to grow: Is Conoco plan a model for industry? 6 Nov 2009 22:36 GMT
    ... Shrinking to grow: Is Conoco plan a model for industry? ... ConocoPhillips’s 50 billion boe of oil and gas resources, Mulva said. Of next year’s outlay, 90% ... in giant Shah field and another with Saudi Aramco to build a 400,000 b/d refinery ...

  • Saudi oil forecast to earn $4tr in 10 years 5 Nov 2009 01:32 GMT
    ... of 10 million barrels a day, the Saudi economy will generate revenues of $4 trillion, ... proven petroleum reserves as well as significant gas reserves. This unique access to natural resources puts ...

  • Commentary: Oil & Money Conference'What the CEOs and VPs are Saying 2 Nov 2009 12:37 GMT
    ... Libya’s oil minister Shokri Ghanem and former Saudi Aramco VP Sadad al Husseini that world ... going to displace oil? The top 10 gas reserves holders have about 77% of the reported ...

  • Peak oil review - Nov 2 2 Nov 2009 11:16 GMT
    ... forces take a lower profile. Last week Saudi Aramco announced that it will abandon the ... almost 3 percent increase in proved natural gas reserves between 2007 and 2008. (10/29, #10) Chesapeake ...

  • Russia's Economic Crisis and U.S.-Russia Relations: Troubled Times Ahead 2 Nov 2009 23:39 GMT
    ... visit the Yamal Peninsula, which has massive gas reserves, and Natural Resources Minister Yuri Trutnev's promises ... Under Ronald Reagan, the U.S. enticed the Saudis to flood the market with cheap oil, ...


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