Chevron is set to unveil a new heavy-oil extraction method in areas near Saudi Arabia and Kuwait to access previously unrecoverable reserves. For full story, click here
Continue reading "Chevron to unveil new heavy-oil extraction method"
Tuesday, November 11, 2008
Energy firms are cutting back development of Canadian oil sands, the world’s biggest energy reserves outside Saudi Arabia, as crude prices plunge and processing costs become prohibitive. For full story, click here
Continue reading "Oil-Sands Spending to decline 20%"
Sunday, August 10, 2008
Aluminium venture of state owned Ma’aden in Saudi Arabia will be fuelled with heavy oil rather than natural gas. For full news, click here
Continue reading "Aluminium venture in Saudi Arabia to use Heavy oil"
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Monday, March 9, 2009