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The Kapsarc campus building
Saudi Arabia Energy transition
Vincent Lauerman
18 May 2021
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Saudi Arabia looks positively to the future

The president of Riyadh-based thinktank Kapsarc sees the Kingdom as well-positioned for the industry changes to come

Quilting, rather unusually, played a key role in the recruitment of the current president of the King Abdullah Petroleum Studies and Research Center (Kapsarc). Adam Sieminski, previously administrator of the EIA from 2012 to 2017, picks up the story. “When I was first approached about taking the position and coming to live in Saudi Arabia, it sounded interesting, but I was not sure if my wife Laurie would go for it,” Sieminski—one of the grand old men of the global energy analytical community after almost four decades as a financial analyst before his stint working for the US government—explains. Having been flown over on a fact-finding mission, “our hosts held a quilting show in Laurie’s ho

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Without US backing, the EU’s newest sanctions package against Russia—though not painless—is unlikely to have a significant impact on the country’s oil and gas revenues or its broader economy

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