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Wall Street Journal13y
Pumping Oil from Beneath the Arabian Desert
On the Arabian peninsula, U.S. oil giant Chevron has launched a $340-million pilot project to extract heavy oil from beneath the desert sands. WSJ's Ben Casselman reports from Wafra, Kuwait.
Yahoo Finance4d
Sinopec, Aramco sign agreement for Yanbu Refinery expansion in Saudi Arabia
China Petroleum & Chemical Corporation (Sinopec) and the Saudi Arabian Oil Company (Aramco) have signed a venture framework agreement to expand the Yanbu Refinery in Saudi Arabia. The expansion ...
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Saudi oil giant Aramco posts third-quarter profits of $27.5 billion, down 15% from a year earlier
The profit decrease “was mainly due to the impact of lower crude oil prices and weakening refining ... Saudi Arabia’s vast oil resources, located close to the surface of its desert expanse ...
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Saudi oil giant Aramco third-quarter profits fall 15% on lower oil prices, dividend unchanged
The profit decrease “was mainly due to the impact of lower crude oil prices and weakening refining ... Saudi Arabia’s vast oil resources, located close to the surface of its desert expanse ...