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Energy

ABDULAZIZ BIN SALMAN

Saudi Arabia Names New Energy Minister, Appointing Royal with Deep OPEC Experience

On Wednesday, Prince Abdulaziz bin Salman delivered good news about Saudi Arabia's ability to restore production to pre-attack levels.
Saudi Arabia has named a new energy minister in Prince Abdulaziz bin Salman, a son of King Salman and older half brother of Crown Prince Mohammed bin Salman, to replace Khalid Al-Falih.

ENERGY

Saudi Arabia Eyes Major Domestic Energy Conservation by 2030, Al Falih Says

200 gigawatts of solar could provide 95 percent of the country’s current electricity needs.
Saudi Arabia expects to throttle back domestic energy consumption by 2030 by up to the equivalent of 2m barrels of oil per day, in line with the Kingdom's Vision 2030 economic and social reform initiative, according to comments made by Khalid Al-Falih published by Reuters.
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