Saudi Arabia is expected to burn more crude oil for power generation this summer than last as it ramps up output after OPEC+ ...

Saudi Arabia is prioritizing long-term oil market stability over short-term gains, preparing for lower prices even as it ...

RIYADH, April 9 (Xinhua) -- Saudi Arabia announced on Wednesday the discovery of 14 new oil and natural gas fields and reservoirs in the Eastern Province and the Empty Quarter desert region.

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 ...

Saudi Arabian officials are briefing allies and industry experts to say the kingdom is unwilling to prop up the oil market ...

If natural gas and solar project ... mark a turning point for Saudi Arabia's upstream sector, as the efforts made in recent years will bear fruit. On one hand, oil field expansion projects will ...

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 ...