SAUDI ARABIA

Saudi Aramco Oil, Gas Reserves At All-Time High

Saudi Aramco has just published its Annual Review for 2014, the last in which Oil Minister Ali Naimi will grace its pages as Chairman of the Board. Based on the numbers, last year’s achievements are impressive, especially if the turmoil in oil markets is taken into consideration. Eight oil and gas discoveries pushed total recoverable oil and gas reserves to new records, cementing the company’s position as the...