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Saudi Aramco Makes 14 New Discoveries as Oil Prices Bite

Summary by Oil Price
Saudi Aramco, the Kingdom’s giant national oil company, on Wednesday, announced the discovery of 14 new oil and natural gas that could add over 80 million cubic feet of gas per day and over 8,000 barrels of oil per day to Saudi Arabia’s fossil fuels expansion efforts, Arab News reports.  The discoveries were made primarily in the Eastern Region and the vast Empty Quarter, with a mix of oil and gas reservoirs identified, and while moderate in vol…

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  • 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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Zawya broke the news in on Wednesday, April 9, 2025.
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