Saudi energy minister opens 25th World Petroleum Congress in Riyadh

Saudi Energy Minister Abdulaziz bin Salman opened the 25th World Petroleum Congress in Riyadh, emphasizing the sector's challenges and opportunities. The congress, themed "Pathways to a Sustainable Energy Future for All," brought together senior executives, investors, and experts from Saudi Arabia and beyond. During his opening remarks, Abdulaziz bin Salman stressed Saudi Arabia's commitment to energy security and sector transformation, highlighting recent regional developments that underscored the importance of investment in infrastructure, spare capacity, technology, and supply chains.

He also stressed the significance of local content development for business resilience and emphasized that energy security and sector transformation must go hand in hand. Pedro Miras, President of the World Petroleum Council, praised Saudi Arabia's role in advancing global energy systems and fostering innovation. He highlighted the world's shift toward new technologies, including artificial intelligence, digitalization, new fuels, and carbon storage technologies, and stressed the importance of international cooperation for a sustainable future.

The eight-day congress program included ministerial dialogues, strategic and technical sessions, and an exhibition featuring major countries and companies. It coincided with Riyadh Energy Week and the Mission Innovation initiative. Supported by prominent partners such as Saudi Aramco, KAPSARC, SABIC, and the Saudi National Bank, the World Petroleum Congress continues to be a platform for global dialogue and cooperation in the energy sector.