Middle East / Africa

Saudi Arabia flag
Summary | Profile

Country profile: Saudi Arabia

Location: Middle East, bordering the Persian Gulf and the Red Sea, north of Yemen
Climate: harsh, dry desert with great temperature extremes
Terrain: mostly uninhabited, sandy desert
Size: 2149690 sq. km total (Land area: 2149690 sq. km  Water area: sq.km)
Population: 28,146,656
Languages: Arabic
Government: monarchy
Capital city: Riyadh
Legal system: Arabic
Currency: Saudi riyal (SAR)

Country profile

Energy production and consumption

Oil Gas
Production: 11 million NaN 
Consumption: NaN  NaN 
Exports: NaN  NaN 
Imports: NaN  NaN 
Reserves: NaN  NaN 
Major fields:

Saudi Arabia - recent news

09 May 23
Aramco announces first quarter 2023 results
Aramco reported a 19% drop in its first-quarter earnings, announcing net income of $31.9 billion, down from $39.5 billion the previous year due to lower oil prices.
15 Mar 23
Saudi Arabia: TAQA and Reykjavik Geothermal sign JV Agreement to form TAQA Geothermal Energy
During the Public Investment Fund (PIF) Private Sector Forum in Riyadh, the Industrialization and Energy Services Company (TAQA) and Reykjavik Geothermal (RG), signed a Joint Venture agreement to establish TAQA Geothermal Energy LLC, headquartered in Riyadh, Saudi Arabia.
31 Jan 23
Saudi Arabia: Signings worth $7.2bn at 7th iktva Forum as Aramco Digital Company launched
Aramco signed over 100 agreements and MoU’s, valued at around $7.2 billion to help advance a diverse, sustainable and globally competitive industrial ecosystem at the 7th edition of the In-Kingdom Total Value Add (iktva) Forum and Exhibition.
21 Dec 22
Saudi Arabia/China: Aramco, Sinopec and SABIC expand refining and petrochemical cooperation
The Saudi Arabian Oil Company ('Aramco'), one of the world’s leading integrated energy and chemicals companies, China Petroleum and Chemical Corporation ('Sinopec') and SABIC, are exploring collaboration across refining and petrochemical projects in China and Saudi Arabia.
19 Dec 22
Saudi Arabia: Aramco and TotalEnergies to build a giant petrochemical complex in Saudi Arabia
The Saudi Arabian Oil Company ('Aramco') and TotalEnergies have taken the final investment decision for the construction of a world scale petrochemical facility in Saudi Arabia. The 'Amiral' complex will be owned, operated, and integrated with the existing SATORP refinery located in Jubail on Saudi Arabia’s eastern coast.

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