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Saudi energy minister opens 25th World Petroleum Congress in Riyadh

Saudi Energy Minister Abdulaziz bin Salman inaugurated the 25th World Petroleum Congress in Riyadh, highlighting energy sector challenges and opportunities.

Ajel News48 min ago · 3 min read
Abdulaziz bin Salman opens World Petroleum Congress in Riyadh

Key Takeaways

AI

Abdulaziz bin Salman, Minister of Energy and Minister of Industry and Mineral Resources, today inaugurated the 25th edition of the World Petroleum Congress in Riyadh. Held for the first time in Saudi Arabia under the theme "Pathways to a Sustainable Energy Future for All," the event drew senior executives, investors, and experts from the Kingdom and around the world.

The congress, which runs through October 15, 2026, addresses key issues in the energy sector, including supply security, markets, investment, technology, innovation, sustainability, and human capital development, with broad participation from industry leaders.

Opening remarks stress energy security

In his opening speech, Abdulaziz bin Salman reaffirmed Saudi Arabia's commitment to overcoming challenges and fulfilling its obligations, noting the significant transformations the Kingdom has undergone in a short period. He said recent regional developments have underscored the importance of energy security, and that Saudi Arabia has invested for years in infrastructure, spare capacity, technology, and supply chains to ensure uninterrupted supply.

He added that local content development is a strategic capability to support business and enhance resilience during global supply chain disruptions, with resilience measured by the ability to maintain, repair, and provide alternatives. He emphasized that energy security and sector transformation must go hand in hand, with Saudi Arabia continuing to invest in oil, gas, renewables, and the development of human and industrial capacities as part of Vision 2030.

Saudi leadership and global outlook

Pedro Miras, President of the World Petroleum Council, praised Saudi Arabia's pivotal role in advancing global energy systems, increasing investment, and fostering innovation. He noted the world's shift toward new technologies to ensure energy security and economic stability, highlighting the importance of international cooperation to achieve shared sector goals.

Miras also discussed the role of artificial intelligence, digitalization, new fuels, and carbon storage technologies in shaping the future of energy, stressing that collective action is the best way to secure a sustainable future for all.

Conference program and side events

The congress program features ministerial dialogues and strategic and technical sessions on market developments, investments, advanced technologies, carbon management, natural gas, critical minerals, digital transformation, and artificial intelligence.

The event coincides with an accompanying exhibition spanning nearly 50,000 square meters, with participation from major countries and companies. It also includes ministerial meetings on clean energy and the "Mission Innovation" initiative as part of Riyadh Energy Week.

International platform for dialogue and partnerships

The World Petroleum Congress, organized by WPC Energy since 1933, brings together more than 60 countries and serves as a platform for dialogue, knowledge exchange, and cooperation in the energy sector. This year's edition is supported by prominent partners and sponsors, including Saudi Aramco, the King Abdullah Petroleum Studies and Research Center (KAPSARC), SABIC, Saudi Energy, and the Saudi National Bank, along with several other sector companies and institutions.

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