Saudi Arabia

Saudi Arabia Plans Oil Rig ‘Adventure Tourism’ Theme Park

Saudi Arabia is expecting “around a million guests a year” to visit its oil rig-themed “adventure tourism” park that will feature an underwater restaurant, “immersive theater,” and multiple hotels, the executive in charge of the project told the Emirati newspaper The National on Tuesday.

An offshore drilling platform stands in shallow waters at the Manifa offshore oilfield, op

Saudi Aramco Announces Second-Highest Profits on Record for 2023

Saudi Arabia’s national oil company, Aramco, on Sunday reported near-record profits of $121 billion in 2023. The eye-catching total might seem a bit surprising given media narratives that fossil fuels are on the way out, but Aramco found demand for oil stronger than ever, albeit distributed somewhat differently than in years past.

Prince Abdulaziz bin Salman, Saudi Arabia's energy minister, left, and Amin Nasser, c