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 | 10.57 | mn b/d |
Crude Exports | 7.364 | mn b/d |
Gas Output | 9.6 | bn cfd |
Oil Export Revenue | 327 | $bn |
Electricity Consumption | 309 | TWh |
15 Mar, 2024
Featured
Aramco saw profits fall 25% last year as oil markets retreated but nevertheless upped capex and dividend payouts with further increases planned this year.
23 Feb, 2024
23 Feb, 2024
16 Feb, 2024
26 Jan, 2024
19 Jan, 2024
5 Jan, 2024
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.