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Commodities Briefing - Categorized | Oil, Trends more

Lessons from Saudi Arabia on managing the oil and gas sector

Posted on 31 October 2011

Saudi Arabia is the leading country in oil production, reserves, exports, and refining capacity. It possesses a quarter of the world’s reserves, more than 20 per cent of the world’s oil market share, undiscovered estimated at 200 billion barrels. Its proven are 264 billion barrels and over 100 billion barrels probable and possible reserves.
The kingdom’s method is consistent with reputable agencies like the Society of Petroleum Engineers and the American Society of Petroleum Geologists………………………………………..Full Article: Source


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VRS - who has written 37739 posts on Opalesque Commodities Briefing.


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