Saudi Aramco, Saudi Arabia’s state-owned oil and gas giant, has discovered 14 new oil and gas fields and reservoirs in the kingdom’s eastern region and the Rub' al-Khali desert, according to ...

DUBAI, April 9 (Reuters) - Saudi oil firm Aramco (2222.SE), opens new tab has discovered 14 oil and natural gas fields and reservoirs in the kingdom's Eastern Region and the Empty Quarter ...

Saudi Arabia plans to displace 350,000 bpd of crude burn with its Jafurah project by 2030, shifting to gas for power and ...

Strategic shifts, including a focus on gas and the ... point for Saudi Arabia's upstream sector, as the efforts made in recent years will bear fruit. On one hand, oil field expansion projects ...

Saudi Arabia intends to significantly decrease its domestic crude oil usage by 2030, primarily by utilizing the Jafurah shale gas field for increased natural gas production. The Jafurah project ...

Increased Saudi Arabian production quotas in May are set to drive crude oil export growth, according to shiptracking agency ...

For decades, Saudi Arabia heavily relied on traditional energy sources as a cornerstone of its national energy mix. This ...

Crude oil futures fell following a report that Saudi Arabian officials are saying the kingdom is unwilling to prop up the oil market with further supply cuts and can handle lower prices.

April 9, 2025 Saudi Arabia discovers 14 new oil and gas fields with small volumes Saudi oil firm Aramco has discovered 14 oil and natural gas fields and reservoirs in the kingdom's Eastern Region ...

He adds that Saudi Arabia ... is the world’s top oil exporter. The commodity accounted for 60% of government revenue in 2024, with crude oil and natural gas accounting for more than 20% of ...