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According to the announcement, Arab oil of various grades was found in six fields and two reservoirs, with a total production capacity of 8,126 barrels per day.
Saudi Arabia aims to capitalize on low U.S. tariffs to grow manufacturing and invest heavily in mining to boost non-oil ...
Saudi Arabia, the world’s top oil exporter and a G20 economy, had previously been expected to see a sharp growth rebound in ...
The International Monetary Fund on Tuesday lowered its 2025 GDP growth forecast for Saudi Arabia, while flagging headwinds ...
Saudi Arabia has found new reserves and deposits of the highly precious oil and gas, according to the state-run news agency SPA. The SPA further elaborated as it informed that Aramco, the Saudi oil ...
Oil Industry. Image by Patrick Hendry via Unsplash. Saudi Arabia’s oil industry forms the backbone of its economy, contributing significantly to national GDP and global energy supplies. The country ...
Saudi Aramco, Saudi Arabia’s state-owned oil and gas giant, has discovered 14 new oil and gas fields and reservoirs in the ...
New Delhi: India and Saudi Arabia have agreed to collaborate on establishing two oil refineries in India. The decision was ...
Saudi Arabia has announced a major boost to its energy reserves with the discovery of 14 new oil and gas fields and reservoirs. Energy Minister Prince Abdulaziz bin Salman confirmed the new findings, ...
Saudi Arabia possesses vast, yet underexploited, mining and mineral resources. Current estimates value these reserves at approximately SAR9.375 trillion ($2.5 trillion), marking a ...