If you think the price of gas is high now, imagine what might have happened if this plot succeeded.
Police in Saudi Arabia have arrested 172 suspected militants in an alleged plot to blow up the country’s oil fields.
The apparent plan, which has echoes of classic al-Qaida moves, is said to have involved training [...]
Saudis Foil 911-Style Attack Aimed At Destroying Oil Fields
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Tags: General
Kuwait’s biggest field starts to run out of oil
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The peak output of the Burgan oil field will now be around 1.7 million barrels per day, and not the two million barrels per day forecast for the rest of the field’s 30 to 40 years of life, Chairman Farouk Al Zanki told Bloomberg.
He said that engineers had tried to maintain 1.9 million barrels [...]
Tags: General