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Oil Industry In Saudi Arabia
Energy in Saudi Arabia involves petroleum and natural gas production, consumption, and exports, and electricity production. Saudi Arabia is the world's leading oil producer and exporter. Saudi Arabia's economy is petroleum-based; oil accounts for 90% of the country's exports and nearly 75% of government revenue. The oil industry produces about 45% of Saudi Arabia's gross domestic product, against 40% from the private sector. Saudi Arabia has per capita GDP of $20,700. The economy is still very dependent on oil despite diversification, in particular in the petrochemical sector. For many years the Kingdom of Saudi Arabia has been the world's largest petroleum producer and exporter. In 2011 it pumped about per day of petroleum. While most of this is exported, domestic use is rapidly increasing, primarily for electricity production. Saudi Arabia also has the largest, or one of the largest, proven crude oil reserves (i.e. oil that is economically recoverable) in the world (18% of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saudi Arabia Map
Saudi may refer to: * Saudi Arabia * Saudis, people from Saudi Arabia * Saudi culture The cultural setting of Saudi Arabia is greatly influenced by the Arab and Islamic culture. The society is in general deeply religious, conservative, traditional, and family-oriented. Many attitudes and traditions are centuries-old, derived fro ..., the culture of Saudi Arabia * House of Saud, the ruling family of Saudi Arabia {{disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ghawar Oil Field
Ghawar (Arabic: الغوار) is an oil field located in Al-Ahsa Governorate, Eastern Province, Saudi Arabia. Measuring (some ), it is by far the largest conventional oil field in the world, and accounts for roughly a third of the cumulative oil production of Saudi Arabia as of 2018. Ghawar is entirely owned and operated by Saudi Aramco, the state-run Saudi oil company. In April 2019, the company first published its profit figures since its nationalization nearly 40 years ago in the context of issuing a bond to international markets. The bond prospectus revealed that Ghawar is able to pump a maximum of per day—well below the more than per day that had become conventional wisdom in the market. Geology Ghawar occupies an anticline above a basement fault block dating to Carboniferous time, about 320million years ago; Cretaceous tectonic activity, as the northeast margin of Africa began to impinge on southwest Asia, enhanced the structure. Reservoir rocks are Jurassic Arab- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Al-Ahsa Governorate
Al Ahsa ( ar, ٱلْأَحْسَاء, Al-Aḥsāʾ, locally pronounced ''al-Ḥasāʾ'' ( ar, الحَسا, links=https://ar.wikipedia.org/wiki/%D8%A7%D9%84%D8%A3%D8%AD%D8%B3%D8%A7%D8%A1_(%D9%85%D8%AF%D9%8A%D9%86%D8%A9))) is the largest governorate in Saudi Arabia's Eastern Province, named after the Al-Ahsa Oasis. The name Al-Ahsa is also given to the biggest city in the governorate, Hofuf. In Classical Arabic, 'Ahsa' means the sound of water underground. It has one of the largest oases in the world with world-renowned date palmsObaid, Ruba and Hassan, Rashid"Dates with destiny as Al-Ahsa joins list of world treasures."'' Arab News'', 6 July 2018. Retrieved 2 July 2020. and, according to one author, the oases of Al-Hasa and Al Ain (in the UAE, on the border with Oman) are the most important in the Arabian Peninsula. The oasis is located about inland from the Persian Gulf. All urban areas are located in the traditional oasis of Al-Hasa. In addition to the oasis, the county als ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy Information Administration
The U.S. Energy Information Administration (EIA) is a principal agency of the U.S. Federal Statistical System responsible for collecting, analyzing, and disseminating energy information to promote sound policymaking, efficient markets, and public understanding of energy and its interaction with the economy and the environment. EIA programs cover data on coal, petroleum, natural gas, electric, renewable and nuclear energy. EIA is part of the U.S. Department of Energy. Background The Department of Energy Organization Act of 1977 established EIA as the primary federal government authority on energy statistics and analysis, building upon systems and organizations first established in 1974 following the oil market disruption of 1973. EIA conducts a comprehensive data collection program that covers the full spectrum of energy sources, end uses, and energy flows; generates short- and long-term domestic and international energy projections; and performs informative energy analyses. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Trade Organization
The World Trade Organization (WTO) is an intergovernmental organization that regulates and facilitates international trade. With effective cooperation in the United Nations System, governments use the organization to establish, revise, and enforce the rules that govern international trade. It officially commenced operations on 1 January 1995, pursuant to the 1994 Marrakesh Agreement, thus replacing the General Agreement on Tariffs and Trade (GATT) that had been established in 1948. The WTO is the world's largest international economic organization, with 164 member states representing over 98% of global trade and global GDP. The WTO facilitates trade in goods, services and intellectual property among participating countries by providing a framework for negotiating trade agreements, which usually aim to reduce or eliminate tariffs, quotas, and other restrictions; these agreements are signed by representatives of member governmentsUnderstanding the WTO' Handbook at WTO of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saudi Aramco
Saudi Aramco ( ar, أرامكو السعودية '), officially the Saudi Arabian Oil Company (formerly Arabian-American Oil Company) or simply Aramco, is a Saudi Arabian public petroleum and natural gas company based in Dhahran. , it is one of the largest companies in the world by revenue. Saudi Aramco has both the world's second-largest proven crude oil reserves, at more than , and largest daily oil production of all oil-producing companies. It is the single greatest contributor to global carbon emissions of any company in the world since 1965. On 11 May 2022, Saudi Aramco became the largest (most valuable) company in the world by market cap, surpassing Apple Inc. Saudi Aramco operates the world's largest single hydrocarbon network, the Master Gas System. In 2013 crude oil production total was , and it manages over one hundred oil and gas fields in Saudi Arabia, including 288.4 trillion standard cubic feet (scf) of natural gas reserves. Saudi Aramco operates the Ghawar F ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saudi Arabia Crude Oil Production And Exports In January 2015 Through May 2019 (48364350126)
Saudi may refer to: * Saudi Arabia * Saudis, people from Saudi Arabia * Saudi culture The cultural setting of Saudi Arabia is greatly influenced by the Arab and Islamic culture. The society is in general deeply religious, conservative, traditional, and family-oriented. Many attitudes and traditions are centuries-old, derived fro ..., the culture of Saudi Arabia * House of Saud, the ruling family of Saudi Arabia {{disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Red Sea
The Red Sea ( ar, البحر الأحمر - بحر القلزم, translit=Modern: al-Baḥr al-ʾAḥmar, Medieval: Baḥr al-Qulzum; or ; Coptic: ⲫⲓⲟⲙ ⲛ̀ϩⲁϩ ''Phiom Enhah'' or ⲫⲓⲟⲙ ⲛ̀ϣⲁⲣⲓ ''Phiom ǹšari''; Tigrinya: ቀይሕ ባሕሪ ''Qeyih Bahri''; ) is a seawater inlet of the Indian Ocean, lying between Africa and Asia. Its connection to the ocean is in the south, through the Bab el Mandeb strait and the Gulf of Aden. To its north lie the Sinai Peninsula, the Gulf of Aqaba, and the Gulf of Suez (leading to the Suez Canal). It is underlain by the Red Sea Rift, which is part of the Great Rift Valley. The Red Sea has a surface area of roughly 438,000 km2 (169,100 mi2), is about 2250 km (1398 mi) long, and — at its widest point — 355 km (220.6 mi) wide. It has an average depth of 490 m (1,608 ft), and in the central ''Suakin Trough'' it reaches its maximum depth of . The Red Sea also has ext ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yanbu
Yanbu ( ar, ينبع, lit=Spring, translit=Yanbu'), also known simply as Yambu or Yenbo, is a city in the Al Madinah Province of western Saudi Arabia. It is approximately 300 kilometers northwest of Jeddah (at ). The population is 222,360 (2020 census). Many residents are foreign expatriates working in the oil refineries and petrochemical industry, mostly from Asia, but there are also large numbers from the Middle East, Europe, and North America. Yanbu has three primary sections; Yanbu Al-Bahr, Yanbu Al-Nakhl and Yanbu Al-Sina'iya as well as a major Red Sea port. History Pre-modern era Yanbu's history dates back at least 2,500 years, when it was a staging point on the spice and incense route from Yemen to Egypt and the Mediterranean region. Sharm Yanbu ( ar, شرم ينبع), historically known as Charmuthas, which is a small peninsula located to the north of Yanbu was mentioned by the Greek historian Diodorus Siculus. The Invasion of Dul Ashir took place in Yanb ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ras Al-Ju'aymah
Ras or RAS may refer to: Arts and media * RAS Records Real Authentic Sound, a reggae record label * Rundfunk Anstalt Südtirol, a south Tyrolese public broadcasting service * Rás 1, an Icelandic radio station * Rás 2, an Icelandic radio station * Raise A Suilen, a Japanese band Organizations * Railway Air Services, a UK airline * Rajasthan Administrative Service, India * Remote Astronomical Society Observatory of New Mexico * Richard Allen Schools, a charter school system in Ohio, USA * Richardson Adventist School, now North Dallas Adventist Academy * IEEE Robotics and Automation Society * Royal Air Squadron, a flying club in the UK * Royal American Shows, an American travelling carnival company operating from the 1920s to the 1990s * Royal Asiatic Society of Great Britain and Ireland * Royal Astronomical Society, UK, founded 1820 * Russian Academy of Sciences Biology * RAAS, the renin–angiotensin system, a hormone system that regulates blood pressure * Recurrent aphth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ras Tanura
Ras Tanura ( ar, رأس تنورة, Ra's Tannūrah, lit=cape oven, cape brazier, presumably due to the unusual heat prevalent at the cape that projects into the sea) is a city in the Eastern Province of Saudi Arabia located on a peninsula extending into the Persian Gulf. The name Ras Tanura applies both to a gated Saudi Aramco employee compound (also referred to as "Najmah") and to an industrial area further out on the peninsula that serves as a major oil port and oil operations center for Saudi Aramco, the largest oil company in the world. Today, the compound has about 3,200 residents, with a few Americans and British expats. Geographically, the Ras Tanura complex is located south of the modern industrial port city of Jubail (formerly a fishing village) and north across Tarut Bay from the old port city of (Al-)Dammam. Although Ras Tanura's port area is located on a small peninsula, due to modern oil tankers' need for deeper water, Saudi Aramco has built numerous artificia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Supertankers
An oil tanker, also known as a petroleum tanker, is a ship designed for the bulk transport of oil or its products. There are two basic types of oil tankers: crude tankers and product tankers. Crude tankers move large quantities of unrefined crude oil from its point of extraction to refineries. Product tankers, generally much smaller, are designed to move refined products from refineries to points near consuming markets. Oil tankers are often classified by their size as well as their occupation. The size classes range from inland or coastal tankers of a few thousand metric tons of deadweight (DWT) to the mammoth ultra large crude carriers (ULCCs) of . Tankers move approximately of oil every year.UNCTAD 2006, p. 4. Second only to pipelines in terms of efficiency,Huber, 2001: 211. the average cost of transport of crude oil by tanker amounts to only US. Some specialized types of oil tankers have evolved. One of these is the naval replenishment oiler, a tanker which can fuel a m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
