Saudi Aramco’s 2016 oil reserves slip, gas up: annual review

06 July 2017, Riyadh — Saudi Aramco said on Thursday its recoverable crude oil and condensate reserves slipped to 260.8 billion barrels at the end of 2016 but its daily crude oil production hit a new record of 10.5 million barrels per day. Aramco’s reserves stood at 261.1 billion in 2015. Its gas reserves rose […] More »