22 Hrs
Source:
الاقتصادية
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Riyadh Expands Role in Global Energy
Riyadh hosted the 25th International Petroleum Conference, reflecting the Kingdom’s prominent position in the global dialogue on energy security and stability. The event brought together more than 70 ministers and 300 leaders from major companies and international organizations. Participants discussed issues such as supply security, diversification of energy sources, infrastructure development, and data transparency, all aimed at addressing global demand challenges and rapid technological shifts. Additionally, 11 memoranda of understanding were signed to enhance cooperation in the fields of oil, gas, and renewable energy, with a focus on diversifying energy sources and long-term investments, reaffirming Saudi Arabia’s role as a key hub in the future of the global energy industry.
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