Saudi Arabia’s economic diversification investments are accelerating under its radical Vision 2030 program, but this is all being financed by crude oil revenues. Meanwhile unconventional gas developments and renewable energy are gaining traction as Saudi Arabia aims to end domestic oil burn.
| Crude Output | 9 | mn b/d |
| Crude Exports | 5.923 | mn b/d |
| Sales Gas Output | 123.5* | bcm |
| Oil & Gas export revenue | 223 | $bn |
| Renewables Capacity | 6.2 | GW |
*2023
12 Jun, 2026
Featured
Aramco’s strategy of maximizing run rates at its Red Sea refineries is paying dividends, with west coast exports of high-value distillates at record levels this year even though crude oil feedstock supplies have grown lighter.
5 Jun, 2026
15 May, 2026
8 May, 2026
27 Mar, 2026
13 Mar, 2026
13 Mar, 2026
Keep abreast with current events with our weekly headlines.
You’ll also be notified of our free articles & maps.
By signing up, you agree to receive promotional emails. You can unsubscribe at any time. For more information, read our privacy statement.