Archive | June, 2014

Dammam No. 7, the first commercial oil well in Saudi Arabia, which stuck oil on March 4, 1938

The World’s Five Most Important Oil Fields

Much has been made about the role that hydraulic fracturing – or fracking — has played in revolutionizing the energy landscape, unlocking vast new reserves of oil trapped in shale rock. This “tight oil” is pouring into the global pool of oil supplies at a crucial time, preventing oil prices from spiking in an age […]

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