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saudi arabia

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    Video: Ethanol supporters unleash attack on Big Oil, Saudi Arabia

    The ongoing battle between ethanol supporters and Big Oil is headed to Saudi Arabia. Two biofuel supporters, Americans United For Change (AUFC) and, released a new video today targeting "The Kingdom" for its support of the American Petroleum Institute (API). More interesting, the ...

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    Report: Hackers bring down Big Oil's computers at Saudi Aramco

    Computer hackers have moved beyond the U.S. military to cyber attack another enemy: Big Oil. Recently, hackers hit Saudi Aramco, the world's largest oil producer, and disabled 30,000 of its workstations. A group of "hacktivists" calling themselves Cutting Sword of Justice released a statement on ...

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    Report: Saudi prince worried over increasing fuel economy standards and technology

    This may sound surprising, but Saudi Prince Al-Waleed bin Talal has gone on record saying he wants the price of oil to decrease. Why's that you ask? It's all about the long-term game, says the Saudi Royal Family's stock market and real estate magnate. In a recent interview with "CNN's Fareed ...

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    Saudi Arabia increases oil output to compensate for shortage from Libya

    According to the International Energy Agency (IEA), Saudi Arabia has boosted its oil output to compensate for shortages in global crude supply caused by the unrest in Libya. Reports confirm that Saudi officials have met with European refiners to discuss the amount of oil required to fill the ...

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    Wikileaks: U.S. believes Saudi Arabia is running out of oil

    Peak oil, according to Wikipedia, is the point in time when the maximum rate of global petroleum extraction is reached, after which the rate of production enters terminal decline. Opinions vary on when the world will actually reach a peak oil scenario, but a new report detailed by Julian ...

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    Why did the U.S. grant $2.4 billion for batteries? Independence

    President Obama announcing $2.4 billion battery grants - Click above to watch the video after the jump
    The trick to dominating technology in the new automotive reality – the one that won't be based on liquid fuels, especially not petroleum – lies in the batteries. We've already heard ...

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    Saudi oil minister: you be careful with those dangerous alternative fuels, OK?

    Saudi Arabia's oil minister, Ali Al-Naimi, is nervous. Speaking earlier this month, he said that alternative fuels should be called "supplemental" and that "These sources cannot contribute meaningfully to the world's energy mix until they have attained levels of affordability, accessibility, ...

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    VIDEO: Saudis upset by "racist" Israeli Nissan ad

    If you are so insecure in yourself or so proud that you are insulted by every little slight, then you have bigger problems that need to be addressed. Case in point, a new ad being run in Israel by Nissan touting the fuel efficiency of the Tiida (sold here as the Versa). The ad portrays some men who ...

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    Saudi Arabia to begin pumping on Khurais oil field shortly

    Saudi Aramco's core area in Dhahran cityThe world's insatiable demand for petroleum is about to cause more drilling and pumping in Saudi Arabia, as the country is set to begin setting up shop on the Khurais oil field. A ten-billion dollar investment will be made which is expected to allow the ...

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    Has Saudi oil production peaked already? 8% decline in 2006

    Over at the there is an interesting and potentially disturbing look at Saudi oil production in 2006. Looking at data from a number or different sources (where the exact numbers vary but the trend is definitely the same), crude oil production in Saudi Arabia dropped eight percent in the ...


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