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According to the International Energy Agency ( IEA ), the global oil market is set for strong supply growth and weak demand ...

When the Permian Basin in West Texas—which has been pumping oil for nearly a century—was fueling the U.S. and Allied forces in World War II, currently the world’s biggest conventional oil field, Saudi ...

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The pride and joy of Saudi Arabia's oil industry has been the Ghawar oil field, which has been recognized as the largest in the world ever since its discovery in 1948. That is, perhaps, until now. A ...

Saudi Aramco has produced the first unconventional tight gas from its South Ghawar field, the world’s largest oil firm said this week as it seeks to boost its natural gas output by more than half by ...

Recently The Guardian did a five-month investigation into “carbon bombs:” fossil fuel projects that would individually emit more than one billion tons of carbon. The study revealed 195 planned oil-and ...

The contract will involve work in Uthmaniyah, Haradh, Hawiyah and Shedgum areas. ‘’This contract is Saudi Aramco’s first award for an integrated turnkey drilling contract and is an important part of ...

An in-depth analysis of Saudi Arabia's Ghawar field - the "King of Oil Fields" - at The Oil Drum blog paints a picture of inescapable decline: It is clear "from looking at the different regions of ...

Saudi Aramco has discovered a new oil field southeast of Ghawar in the Eastern Province. On Feb. 11, the Dirwazah-1 well tested oil in the Unayzah reservoir at 15,310 feet. The well flowed 3,915 ...

DUBAI, April 1 (Reuters) - Saudi Aramco's Ghawar field, the largest oilfield in the world, had 58 billion barrels of oil equivalent in combined reserves at the end of 2018, and 48.3 billion in liquid ...

'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 ...