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The rise of oil’s big three, part 2: The start of the oil age
In the second part of our history of oil special on the ascent of the US, Russia and Saudi Arabia, we examine the early years of the age of oil
The rise of oil’s big three, part 1: The transition to oil
In this first part of the first chapter of our 90th anniversary special on the history of oil, we look at oil’s humble beginnings and the start of its rise to prominence
Mideast gas growth signals condensate boost
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Middle East takes control of oil supply chain
The region, known for its crude output, has gone from product importer to exporter, easing supply worries in Europe and creating a supply glut in Asia and elsewhere
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Gulf NOCs build overseas footprints
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UAE could be big winner from Aramco U-turn
Saudi Arabia’s decision not to expand capacity target seen as bolstering UAE’s position within OPEC+
PE Awards Saudi Arabia
27 November 2017
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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

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