{"id":1137046,"date":"2019-09-07T22:43:17","date_gmt":"2019-09-08T03:43:17","guid":{"rendered":"https:\/\/www.mining.com\/?p=1001388"},"modified":"2019-09-07T22:43:17","modified_gmt":"2019-09-08T03:43:17","slug":"saudi-king-names-first-royal-energy-minister","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1137046","title":{"rendered":"Saudi King names first royal energy minister"},"content":{"rendered":"<p>Following last week\u2019s <a href=\"https:\/\/www.mining.com\/saudi-arabia-creates-new-ministry-of-industry-and-mineral-resources\/\"  rel=\"noreferrer noopener\" aria-label=\"decision (opens in a new tab)\">decision<\/a> related to the creation of an independent ministry of industry and mineral resources, separating it from the energy ministry, this weekend\u00a0Saudi Arabia\u2019s King Salman <a href=\"https:\/\/www.spa.gov.sa\/viewfullstory.php?lang=en&amp;newsid=1966424#1966424\"  rel=\"noreferrer noopener\" aria-label=\"announced  (opens in a new tab)\">announced <\/a>that one of his son\u2019s, Prince Abdulaziz bin Salman, will be leading the energy portfolio.<\/p>\n<div class='d-flex justify-content-center'>\n<div id='div-gpt-ad-1561499308230-0'><script>googletag.cmd.push(function() {googletag.display('div-gpt-ad-1561499308230-0');});<\/script><\/div>\n<\/div>\n<p>The prince -the first royal to hold the position in the world\u2019s top oil exporter- has been <g class=\"gr_ gr_5 gr-alert gr_gramm gr_inline_cards gr_disable_anim_appear Grammar only-ins doubleReplace replaceWithoutSep\" id=\"5\" data-gr-id=\"5\">minister<\/g> of state for energy affairs since 2017. Prior to this post, he served as assistant oil minister and before that, he was deputy oil minister. Throughout his career, he has been a member of the kingdom\u2019s delegation to the Organization of the Petroleum Exporting Countries.<\/p>\n<p>Prince Abdulaziz\u2019s appointment means that Khalid al-Falih, who led the ministry during the 2016-2019 period, was the face of OPEC diplomacy over the past three years and spearheaded the idea of curtailing production to balance crude markets and prop up prices, is out of the cabinet.<\/p>\n<p>Al-Falih was also removed as board chairman of the state-owned oil company Aramco, despite the fact that he was the executive arm behind the plan to list it maybe as soon as 2020. Aramco is considered the most profitable company on the planet with revenues of $355.9 billion in 2018.<\/p>\n<p><em>(With files from Reuters).<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cabinet shuffles for second week in a row in the world&#8217;s top crude exporter.<\/p>\n","protected":false},"author":42,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[1035,369],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1137046"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/42"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1137046"}],"version-history":[{"count":1,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1137046\/revisions"}],"predecessor-version":[{"id":1137047,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1137046\/revisions\/1137047"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1137046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1137046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1137046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}