Tag: mineral resources - petroleum

crude oil is a naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials. A type of fossil fuel, crude oil can be refined to produce usable products such as gasoline, diesel and various forms of petrochemicals.

Qatif, Ghawar (often spelled Ghabar), and Dhahran are all major oil fields or hubs in Saudi Arabia.

he Kingdom of Saudi Arabia is often cited as the world's largest oil producer. The country produces 13.24% of the oil consumed in the entire world daily. Saudi Arabia has the second-largest reserves of naturally occurring oil in the world after Venezuela. It is estimated that Saudi Arabia's oil resources amount to 260 billion barrels of oil.

Petroleum products are materials derived from crude oil as it is processed in oil refineries. Petrol,Wax,Vaseline etc,are the products of the Crude oil.

Petroleum or mineral oil is the next major energy source in India after coal. It provides fuel for heat and lighting, lubricants for machinery and raw materials for a number of manufacturing industries. 

The Institute of Reservoir Studies (IRS), a part of ONGC, is located in Ahmedabad, India.