The Ministry of Energy, Industry and Mineral Resources discovers and exploits the Kingdom's resources, from oil, gas, and minerals, to achieve the highest return.
The Ministry of Energy oversees all aspects of the activities of the energy ecosystem in the Kingdom through an integrated sector strategy, which is based on maximizing the added value to the national economy in a sustainable and highly-efficient manner. That includes a strategy for hydrocarbons (oil and gas, refined products, and petrochemicals) and a strategy for electricity and renewables, such as refractories and complementary energy.
To achieve its objectives, the Ministry works on various programs that adopt the concepts of innovation, technology, and artificial intelligence in the energy sector. Among those are: the hydrocarbon sustainability program, which incorporates plans for the Kingdom to become the world’s largest exporter of clean hydrogen, including blue hydrogen (from hydrocarbons) and green hydrogen (from renewables); the optimal, most efficient, least costly energy mix program; the energy efficiency program; and the program to enable the manufacturing of the components of solar and wind power production.
The Ministry is responsible for developing these strategies and following up on their implementation, developing supporting policies for the energy sectors, and supporting decisionmakers through conducting studies on various strategies and policies.
Historical Phases of the Ministry
In (1355 AH – 1935 AD), the Public Works and Minerals Authority was established and was affiliated to the Ministry of Finance at that time. In (1372 AH - 1952 AD), the General Directorate of Petroleum and Minerals Affairs was established and was affiliated to the Ministry of Finance as well. In (1380 AH - 1960 AD), the Directorate was made a ministry, named the Ministry of Petroleum and Mineral Resources, where the Kingdom's Government sought to regulate the investment of natural resources of oil, gas and minerals to achieve more growth and social well-being in KSA, leading to the development and economic prosperity of the country.
In (1437 AH - 2016 AD), a royal order was issued to change the name of the “Ministry of Petroleum and Mineral Resources” to be “Ministry of Energy, Industry and Mineral Resources”. And in (1440 AH - 2019 AD), pursuant to a royal order, the name was changed from “Ministry of Energy, Industry and Mineral Resources” to “Ministry of Energy.”
His Royal Highness Prince Abdulaziz bin Salman Al-Saud
His Royal Highness Prince Abdulaziz was appointed Minister of Energy in September 2019. In his capacity as Minister of Energy of Saudi Arabia, Prince Abdulaziz is responsible for coordinating the Kingdom’s domestic and international energy policies in line with the goals of Vision 2030. This includes overseeing energy activities within the Kingdom; regulating the oil, gas, electricity, nuclear and renewables sectors in the interests of the Kingdom in the short and long term and directing Saudi international policy with regard to relations with producers (including through OPEC and OPEC+) and with consumers. He has been an active participant in shaping energy policy, both nationally and internationally for more than thirty years and he is the chairman of many energy related organizations.
Prior to his appointment as the Minister of Energy, Prince Abdulaziz served in numerous capacities in the Ministry over the past three decades, including as Minister of State for Energy Affairs, Vice Minister of Petroleum and Mineral Resources, Assistant Minister of Petroleum and Mineral Resources, Deputy Minister for Petroleum Affairs and Adviser to the Minister of Petroleum and Mineral Resources.
HRH holds a Master’s Degree in Business Administration (MBA) (1985) and a Bachelor's Degree in Industrial Management (1982), both from King Fahd University of Petroleum and Minerals. After graduation, he served from 1985-87 as Director of the Economic and Industrial Research Division of the Research Institute at King Fahd University of Petroleum
Vision, Mission and Values
International energy leadership towards an innovative and sustainable future.
Leading the energy sector through the establishment of highly-efficient, developmental policies, programs and plans that maximize the added value of the sector, in order to achieve sustainability of development, address economic challenges, and preserve the national wealth for posterity.
Integrity and transparency
Creativity and innovation
Cooperation and partnership
الملك سعود، الوزارات، الرياض 12622, Riyadh, Riyadh Province, Saudi Arabia