Saudi Arabia has discovered four new oil and gas fields, including unconventional resources, the country’s energy minister said Dec. 27. Receive daily email alerts, subscriber notes & personalize your experience. Register Now State-run oil giant Saudi Aramco is working to determine the exact size and resource volume of the new finds, Prince Abdulaziz bin Salman said in a statement carried by the official Saudi Press Agency. The fields, if productive, will boost Aramco’s plans to increase its maximum sustained crude production capacity from the current 12 million b/d to 13 million b/d, as well as its aim of developing its gas resources to free up more oil for export instead of burning it for power generation. Those ambitions, however, may be impacted by […]