Minister of the Year

Khalid A. Al-Falih, Saudi Arabia

Having long been one of the oil industry's most influential figures, 2017 has been a year in which Saudi Arabia's Minister of Energy, Industry and Mineral Resources has shown exceptional leadership. Also holding the position of chairman of Saudi Aramco, Al-Falih has steered the world's largest oil exporter to the heart of negotiations to help rebalance the oil market. Al-Falih has spearheaded the historic deal between Opec, and some of the world's largest oil producers outside of the group, to restrict their crude output to help speed up market rebalancing. His influence has been felt acutely. Saudi Arabia's decision in the summer of 2017 to cut exports, as well as its production, has been c