27 November 2017
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
Also in this section
27 January 2025
Regional state-owned firms are transforming their strategies and leveraging their resources to position themselves as clean energy powerhouses, and to ensure they maintain influence in a low-carbon world
27 January 2025
Asian neighbours seek resolution on territorial dispute for hydrocarbons development that has spanned decades
24 January 2025
Domestic companies in Nigeria and other African jurisdictions are buying assets from existing majors they view as more likely to deliver production upside under their stewardship
23 January 2025
The end of transit, though widely anticipated, leaves Europe paying a third more for gas than a year ago and greatly exposed to supply shocks
