587:
44:
679:
1474:
566:
The oil crash caused OPEC countries to react by diminishing production, the organization's first cut in eight years. Minister Al-Falih urged fellow OPEC member countries to stop exceeding their output targets, and met with
Venezuelan and Kazakh counterparts in August 2017 in order to extend the deal
470:
in 1979. For over several years, he held positions of increasing responsibility and in 1992, he joined the
Consulting Services Department (CSD). He supervised several technical units, mainly the Mechanical and Civil Systems Division and was named manager of CSD in January 1995. He was assigned as
660:
Al-Falih received the
Petroleum Executive of the Year Award 2016 from Energy Intelligence. The Petroleum Executive of the Year award is the international energy industry's most prestigious award given in recognition of outstanding leadership by an executive in the international energy industry.
558:
announced in April 2016 is designed to reduce the
Kingdom's dependence on oil revenue, a new direction which affected the makeup of Saudi ministries. In the royal decree announcing the appointment of Al-Falih, the former Petroleum Ministry was renamed "Ministry of Energy, Industry and Mineral
656:
Al-Falih received the
Distinguished Alumnus Award in 2013 from Texas A & M University. Established in 1962, the Distinguished Alumnus Award is the highest honor bestowed upon a former student of Texas A&M University. Since its inception, 225 individuals have been recognized for their
499:(NOCs) in connection with the Kingdom's Natural Gas Initiative. Ultimately, four joint ventures, namely – South Rub' al-Khali Company (SRAK), Luksar Energy, Sino Saudi Gas & EniRepSa Gas were consummated between Saudi Aramco and various leading IOCs, NOCs and emerging oil companies.
894:
490:
in
September 2000 to serve as vice chairman on the Saudi Aramco Study Team for Upstream Gas Ventures, until his appointment as vice president of Gas Ventures Development and Coordination in May 2001. He played an instrumental role in the negotiations with the
898:
526:, then president and CEO of Saudi Aramco, retired and Khalid A. Al-Falih, who was serving as Aramco's executive vice president of operations, was appointed as the new president and CEO of the company, effective 1 January 2009.
872:
545:
The global oil economy caused prices to fluctuate dramatically, from a peak of almost $ 108 in June 2014 to $ 26 per barrel in
February 2016, the lowest point since 2003. In May 2016, Al-Falih was appointed
586:
1237:
653:
Al-Falih was listed on the Forbes Most
Powerful People for 2016. Forbes' annual ranking of The World's Most Powerful People identifies one person out of every 100 million whose actions mean the most.
921:
1548:
1533:
547:
1245:
839:
1182:
1418:
1104:
864:
1528:
610:
City
Municipal Council. His board memberships in other community-focused organizations include the Technical and Vocational Training Corporation, the Prince
1046:
559:
Resources," incorporating also the
Ministry of Electricity. Al-Falih also holds the position of chairman of the board of directors of Aramco, whose CEO is
1508:
1493:
750:
622:
141:
1220:
1203:
1327:
537:. The project includes 27-man-made islands connected by 25 miles of causeways. Upon its launch, it produced 500,000 barrels of crude oil per day.
1518:
1503:
1003:
1159:
913:
452:
377:
944:
1513:
1498:
1024:
706:
1411:
1563:
1391:
1075:
598:
On 25 February 2020, Al-Falih was appointed by a royal decree as Minister of Investment, a newly created ministry in Saudi Arabia.
1558:
821:
1404:
408:
69:
847:
1179:
629:. He sits on the board of directors of the U.S.-Saudi Arabian Business Council and previously served as a member of the
1101:
1427:
1269:
424:
416:
234:
49:
483:
17:
1050:
803:
43:
615:
754:
1543:
1463:
575:
492:
1335:
1125:
732:
1156:
1000:
657:
significant contributions to their professions, Texas A&M University and their local communities.
502:
In October 2004, Al-Falih was appointed to the board of directors of Saudi Aramco. He also served as
1032:
865:"Khalid A. Al-Falih President and Chief Executive Officer Saudi Arabian Oil Company (Saudi Aramco)"
678:
664:
Al Falih was presented with the ‘International Oil Diplomacy Person of the Year 2017’ Award at the
682:
487:
444:
373:
1538:
591:
571:
496:
102:
987:
472:
447:, graduating in 1982 with a bachelor's degree in mechanical engineering, and later pursued an
1553:
523:
503:
303:
1523:
768:
611:
184:
1358:"'International Oil Diplomacy Person of the Year 2017' to be conferred on Khalid Al Falih"
8:
1079:
475:
Maintenance Department in late 1995; and by 1998; manager, Business Analysis Department.
120:
574:, Al-Falih was relieved of his duties as the energy minister. He was replaced by Prince
479:
1141:
825:
1443:
1309:
974:
626:
555:
507:
315:
227:
1076:"Board of Directors of U.S.-Saudi Arabian Business Council Bio – Khalid A. Al-Falih"
665:
275:
1291:
1438:
1273:
1186:
1163:
1108:
1007:
393:
1396:
786:
540:
630:
560:
1487:
606:
Al-Falih is active in many social programs. He has served as chairman of the
1357:
1453:
1448:
551:
534:
464:
420:
412:
361:
354:
340:
215:
192:
172:
1386:
1266:
57:
769:"السيرة الذاتية لـ "خالد بن عبدالعزيز الفالح" وزير الصحة السعودي الجديد"
1473:
567:
of cutting production until March 2018, by at least three more months.
511:
368:
1157:"Saudi Arabia names Khalid al-Falih energy minister to replace Naimi"
807:
78:
642:
440:
350:
336:
914:"Saudi Aramco Ventures Continue Gas Exploration in Saudi Desert"
614:
Fund for Supporting Small Business Projects for Women, and the
607:
357:
1277:
1267:"Khalid A. Al-Falih Chosen Outstanding International Alumnus"
541:
Minister of Energy, Industry and Mineral Resources: 2016–2019
53:
1204:
OPEC Confounds Skeptics, Agrees to First Oil Cuts in 8 Years
730:
707:"Saudi Royal Decree Forms 3 New Ministries, Merges 2 Others"
945:"Aramco, Shell Appoint CEO for Gas Venture in Saudi Arabia"
668:’s International Petroleum (IP) Week on Feb. 22 in London.
1549:
Petroleum and mineral resources ministers of Saudi Arabia
448:
428:
581:
533:, an oil field located in a bay along the coast of the
570:
On 8 September 2019, through a royal decree issued by
443:, Saudi Arabia, where he was also raised. He attended
1534:
King Fahd University of Petroleum and Minerals alumni
1221:
Saudi Oil Minister Met With Top Commodity Hedge Funds
1202:
Nayla Razzouk, Angelina Rascouet, Golnar Motevalli,
282:
President and Chief Executive Officer of Saudi Aramco
601:
401:
458:
623:King Abdullah University of Science and Technology
548:Minister of Energy, Industry and Mineral Resources
142:Minister of Energy, Industry and Mineral Resources
1426:
517:
506:of the South Rub' al-Khali joint venture between
1485:
1180:"Saudi Aramco Names Amin H. Nasser as President"
1102:Saudi Aramco starts production at mammoth field
482:, a joint venture between Saudi Aramco and the
1276:, Texas A&M University, 2010; archived at
748:
453:King Fahd University of Petroleum and Minerals
378:King Fahd University of Petroleum and Minerals
1412:
969:"luksar joint venture between russia lukoil".
731:Riley, Charles; John Defterios (8 May 2016).
1529:Grand Cordons of the Order of the Rising Sun
1328:"Petroleum Executive of the Year Award 2018"
1025:"Saudi Aramco Announces CEO & President"
683:Grand Cordon of the Order of the Rising Sun
478:In July 1999, Al-Falih became president of
434:
1419:
1405:
1166:by Rania El Gamal & Reem Shamseddine,
942:
911:
895:"Saudi Aramco Upstream Gas joint ventures"
733:"Saudi Arabia just fired its oil minister"
645:. Al-Falih is married to Najah Al-Garawi.
42:
1509:21st-century Saudi Arabian businesspeople
1494:20th-century Saudi Arabian businesspeople
1070:
1068:
590:Al-Falih with Austria's Foreign Minister
205:29 April 2015 – 2 September 2019
1219:Javier Blas, Wael Mahdi, Nayla Razzouk,
1150:
1014:, 4 November 2008. Retrieved 2016-05-25.
1001:"Al-Falih Appointed President & CEO"
859:
857:
798:
796:
585:
529:As Saudi Aramco's CEO, Falih headed the
1039:
1017:
962:
936:
905:
887:
423:. He also has previously served as the
293:1 January 2009 – 28 April 2015
14:
1519:21st-century Saudi Arabian politicians
1504:20th-century Saudi Arabian politicians
1486:
1230:
1126:Oil crash taking stocks down ... again
1065:
924:from the original on 13 September 2014
744:
742:
701:
699:
154:7 May 2016 – 8 September 2019
1400:
1260:
854:
832:
814:
793:
751:"The most powerful man in oil is out"
578:, the king's elder son, in the post.
415:since 25 February 2020. He served as
1514:21st-century Saudi Arabian engineers
1499:20th-century Saudi Arabian engineers
582:Minister of Investment: 2020–present
1392:U.S.-Saudi Arabian Business Council
804:"Khalid A. Al-Falih on ameinfo.com"
739:
696:
397:
247:29 April 2015 – 7 May 2016
50:World Economic Forum Annual Meeting
24:
1289:
822:"Khalid A. Al-Falih - weforum.org"
25:
1575:
1380:
1049:. 2 November 2008. Archived from
621:Al-Falih is a founding member of
602:Public life and board memberships
1564:Health ministers of Saudi Arabia
1472:
943:Wael Mahdi (11 September 2011).
677:
636:
459:Early years at Aramco: 1979–2008
419:of Saudi Arabia and chairman of
1559:Texas A&M University alumni
1350:
1320:
1302:
1283:
1213:
1196:
1173:
1135:
1118:
1094:
994:
648:
484:Philippine National Oil Company
1310:"Distinguished Alumnus Awards"
1146:Futureinvestmentinitiative.com
779:
761:
724:
641:Al-Falih currently resides in
625:and serves as a member of its
518:CEO of Saudi Aramco: 2009–2015
455:, which he completed in 1991.
13:
1:
1428:Oil Ministers of Saudi Arabia
749:John Defterios (9 May 2016).
689:
618:Society for the Handicapped.
439:Al-Falih was born in 1960 in
425:Saudi Arabian Health Minister
27:Saudi businessman and manager
1464:Abdulaziz bin Salman Al Saud
1047:"New Saudi Aramco CEO Named"
7:
840:"globalbusinessleaders.org"
775:(in Arabic). 29 April 2017.
753:. CNN Money. Archived from
493:international oil companies
402:
334:1960 (age 63–64)
10:
1580:
912:Wael Mahdi (6 June 2011).
48:Khalid A. Al Falih at the
1470:
1434:
1185:22 September 2015 at the
844:globalbusinessleaders.org
671:
495:(IOCs) & other major
383:
367:
346:
330:
325:
321:
309:
297:
286:
281:
269:
259:
251:
240:
233:
221:
209:
198:
191:Chairman of the board of
190:
178:
166:
158:
147:
140:
130:
108:
98:
86:
75:
68:
64:
41:
34:
445:Texas A&M University
435:Early life and education
374:Texas A&M University
1191:The Wall Street Journal
1107:6 December 2017 at the
633:International Council.
1242:Bloomberg BusinessWeek
595:
592:Alexander Schallenberg
497:national oil companies
409:Minister of Investment
70:Minister of Investment
1314:beta.aggienetwork.com
589:
550:, replacing outgoing
504:chairman of the board
1332:www3.energyintel.com
1290:Barton, ByMerrilee.
1238:"Khalid A. Al-Falih"
612:Sultan bin Abdulaziz
594:on 12 September 2021
576:Abdulaziz bin Salman
554:. The national plan
185:Abdulaziz bin Salman
1544:People from Dhahran
1272:4 June 2016 at the
1193:, 15 September 2015
1162:18 May 2017 at the
1006:5 June 2016 at the
473:Ras Tanura Refinery
121:Mohammad bin Salman
1459:Khalid A. Al-Falih
1364:. 13 February 2018
1248:on 18 January 2013
1210:, 30 November 2016
1132:, 11 February 2016
901:on 9 January 2012.
850:on 5 October 2021.
596:
524:Abdallah S. Jum'ah
514:and Saudi Aramco.
480:Petron Corporation
468:(formerly, Aramco)
417:Minister of Energy
390:Khalid A. Al-Falih
304:Abdullah S. Jum'ah
235:Minister of Health
117:Salman (2020–2022)
36:Khalid A. Al-Falih
1481:
1480:
1444:Ahmed Zaki Yamani
1292:"Khalid Al-Falih"
1035:on 20 March 2015.
982:Missing or empty
787:"Khalid Al-Falih"
735:. CNNMoneyInvest.
627:board of trustees
486:. He returned to
387:
386:
316:Amin H. Al-Nasser
228:Yasir Al-Rumayyan
16:(Redirected from
1571:
1476:
1421:
1414:
1407:
1398:
1397:
1374:
1373:
1371:
1369:
1354:
1348:
1347:
1345:
1343:
1334:. Archived from
1324:
1318:
1317:
1306:
1300:
1299:
1287:
1281:
1264:
1258:
1257:
1255:
1253:
1244:. Archived from
1234:
1228:
1217:
1211:
1200:
1194:
1189:by Summer Said,
1177:
1171:
1154:
1148:
1139:
1133:
1122:
1116:
1098:
1092:
1091:
1089:
1087:
1078:. Archived from
1072:
1063:
1062:
1060:
1058:
1043:
1037:
1036:
1031:. Archived from
1029:aramcoexpats.com
1021:
1015:
998:
992:
991:
985:
980:
978:
970:
966:
960:
959:
957:
955:
940:
934:
933:
931:
929:
909:
903:
902:
897:. Archived from
891:
885:
884:
882:
880:
871:. Archived from
861:
852:
851:
846:. Archived from
836:
830:
829:
824:. Archived from
818:
812:
811:
810:on 24 July 2009.
806:. Archived from
800:
791:
790:
783:
777:
776:
765:
759:
758:
746:
737:
736:
728:
722:
721:
719:
717:
703:
681:
666:Energy Institute
616:Eastern Province
463:Al-Falih joined
407:; born 1960) is
405:
399:
326:Personal details
312:
300:
291:
276:Tawfiq Al Rabiah
272:
262:
245:
224:
212:
203:
181:
169:
152:
133:
111:
94:25 February 2020
91:
46:
32:
31:
21:
1579:
1578:
1574:
1573:
1572:
1570:
1569:
1568:
1484:
1483:
1482:
1477:
1468:
1439:Abdullah Tariki
1430:
1425:
1383:
1378:
1377:
1367:
1365:
1356:
1355:
1351:
1341:
1339:
1326:
1325:
1321:
1308:
1307:
1303:
1288:
1284:
1274:Wayback Machine
1265:
1261:
1251:
1249:
1236:
1235:
1231:
1227:, 3 August 2017
1218:
1214:
1201:
1197:
1187:Wayback Machine
1178:
1174:
1164:Wayback Machine
1155:
1151:
1140:
1136:
1124:Charles Riley,
1123:
1119:
1115:, 15 April 2013
1109:Wayback Machine
1099:
1095:
1085:
1083:
1074:
1073:
1066:
1056:
1054:
1045:
1044:
1040:
1023:
1022:
1018:
1012:saudiaramco.com
1008:Wayback Machine
999:
995:
983:
981:
972:
971:
968:
967:
963:
953:
951:
941:
937:
927:
925:
910:
906:
893:
892:
888:
878:
876:
875:on 2 March 2014
863:
862:
855:
838:
837:
833:
828:on 22 May 2012.
820:
819:
815:
802:
801:
794:
785:
784:
780:
767:
766:
762:
747:
740:
729:
725:
715:
713:
711:Asharq AL-awsat
705:
704:
697:
692:
674:
651:
639:
604:
584:
543:
520:
461:
437:
403:Khālid al-Fāliḥ
376:
335:
310:
298:
292:
287:
270:
260:
246:
241:
222:
210:
204:
199:
179:
167:
153:
148:
136:Ibrahim Al-Omar
131:
126:
109:
93:
87:
82:
60:
37:
28:
23:
22:
18:Khalid al-Falih
15:
12:
11:
5:
1577:
1567:
1566:
1561:
1556:
1551:
1546:
1541:
1536:
1531:
1526:
1521:
1516:
1511:
1506:
1501:
1496:
1479:
1478:
1471:
1469:
1467:
1466:
1461:
1456:
1451:
1446:
1441:
1435:
1432:
1431:
1424:
1423:
1416:
1409:
1401:
1395:
1394:
1389:
1382:
1381:External links
1379:
1376:
1375:
1349:
1338:on 20 May 2018
1319:
1301:
1282:
1259:
1229:
1212:
1195:
1172:
1149:
1134:
1117:
1093:
1064:
1053:on 22 May 2013
1038:
1016:
993:
961:
935:
904:
886:
853:
831:
813:
792:
778:
760:
757:on 9 May 2016.
738:
723:
694:
693:
691:
688:
687:
686:
673:
670:
650:
647:
638:
635:
603:
600:
583:
580:
561:Amin H. Nasser
542:
539:
531:Manifa project
519:
516:
460:
457:
436:
433:
385:
384:
381:
380:
371:
365:
364:
348:
344:
343:
332:
328:
327:
323:
322:
319:
318:
313:
307:
306:
301:
295:
294:
284:
283:
279:
278:
273:
267:
266:
263:
257:
256:
253:
249:
248:
238:
237:
231:
230:
225:
219:
218:
213:
207:
206:
196:
195:
188:
187:
182:
176:
175:
170:
164:
163:
160:
156:
155:
145:
144:
138:
137:
134:
128:
127:
125:
124:
123:(2022–present)
118:
114:
112:
110:Prime Minister
106:
105:
100:
96:
95:
89:Assumed office
84:
83:
76:
73:
72:
66:
65:
62:
61:
47:
39:
38:
35:
26:
9:
6:
4:
3:
2:
1576:
1565:
1562:
1560:
1557:
1555:
1552:
1550:
1547:
1545:
1542:
1540:
1539:Living people
1537:
1535:
1532:
1530:
1527:
1525:
1522:
1520:
1517:
1515:
1512:
1510:
1507:
1505:
1502:
1500:
1497:
1495:
1492:
1491:
1489:
1475:
1465:
1462:
1460:
1457:
1455:
1452:
1450:
1447:
1445:
1442:
1440:
1437:
1436:
1433:
1429:
1422:
1417:
1415:
1410:
1408:
1403:
1402:
1399:
1393:
1390:
1388:
1385:
1384:
1363:
1359:
1353:
1337:
1333:
1329:
1323:
1315:
1311:
1305:
1297:
1293:
1286:
1279:
1275:
1271:
1268:
1263:
1247:
1243:
1239:
1233:
1226:
1225:Bloomberg.com
1222:
1216:
1209:
1208:Bloomberg.com
1205:
1199:
1192:
1188:
1184:
1181:
1176:
1169:
1165:
1161:
1158:
1153:
1147:
1143:
1138:
1131:
1127:
1121:
1114:
1110:
1106:
1103:
1097:
1082:on 7 May 2015
1081:
1077:
1071:
1069:
1052:
1048:
1042:
1034:
1030:
1026:
1020:
1013:
1009:
1005:
1002:
997:
989:
976:
965:
950:
949:Bloomberg L.P
946:
939:
923:
919:
918:Bloomberg L.P
915:
908:
900:
896:
890:
874:
870:
866:
860:
858:
849:
845:
841:
835:
827:
823:
817:
809:
805:
799:
797:
788:
782:
774:
770:
764:
756:
752:
745:
743:
734:
727:
712:
708:
702:
700:
695:
684:
680:
676:
675:
669:
667:
662:
658:
654:
646:
644:
637:Personal life
634:
632:
628:
624:
619:
617:
613:
609:
599:
593:
588:
579:
577:
573:
568:
564:
562:
557:
553:
549:
538:
536:
532:
527:
525:
522:In Nov 2008,
515:
513:
509:
505:
500:
498:
494:
489:
485:
481:
476:
474:
469:
466:
456:
454:
450:
446:
442:
432:
430:
427:and Aramco's
426:
422:
418:
414:
410:
406:
404:
395:
391:
382:
379:
375:
372:
370:
366:
363:
359:
356:
352:
349:
345:
342:
338:
333:
329:
324:
320:
317:
314:
308:
305:
302:
296:
290:
285:
280:
277:
274:
268:
264:
258:
254:
250:
244:
239:
236:
232:
229:
226:
220:
217:
214:
208:
202:
197:
194:
189:
186:
183:
177:
174:
171:
165:
161:
157:
151:
146:
143:
139:
135:
129:
122:
119:
116:
115:
113:
107:
104:
101:
97:
90:
85:
81:
80:
74:
71:
67:
63:
59:
55:
51:
45:
40:
33:
30:
19:
1554:Saudi Aramco
1458:
1454:Ali Al-Naimi
1449:Hisham Nazer
1387:Saudi Aramco
1366:. Retrieved
1362:Saudigazette
1361:
1352:
1340:. Retrieved
1336:the original
1331:
1322:
1313:
1304:
1295:
1285:
1262:
1250:. Retrieved
1246:the original
1241:
1232:
1224:
1215:
1207:
1198:
1190:
1175:
1170:, 7 May 2016
1167:
1152:
1145:
1137:
1129:
1120:
1112:
1100:Zain Shauk,
1096:
1084:. Retrieved
1080:the original
1055:. Retrieved
1051:the original
1041:
1033:the original
1028:
1019:
1011:
996:
964:
952:. Retrieved
948:
938:
926:. Retrieved
917:
907:
899:the original
889:
877:. Retrieved
873:the original
869:Saudi Aramco
868:
848:the original
843:
834:
826:the original
816:
808:the original
781:
772:
763:
755:the original
726:
714:. Retrieved
710:
663:
659:
655:
652:
649:Achievements
640:
620:
605:
597:
569:
565:
552:Ali al-Naimi
544:
535:Persian Gulf
530:
528:
521:
501:
477:
467:
465:Saudi Aramco
462:
438:
421:Saudi Aramco
413:Saudi Arabia
400:
389:
388:
362:Saudi Arabia
355:Saudi Arabia
347:Residence(s)
341:Saudi Arabia
311:Succeeded by
288:
271:Succeeded by
265:Ahmed Khatib
242:
223:Succeeded by
216:Ali Al-Naimi
200:
193:Saudi Aramco
180:Succeeded by
173:Ali Al-Naimi
149:
88:
77:
29:
1524:1960 births
1342:28 November
1142:Vision 2030
1113:Fuelfix.com
716:25 February
572:King Salman
556:Vision 2030
488:the Kingdom
398:خالد الفالح
299:Preceded by
261:Preceded by
211:Preceded by
168:Preceded by
132:Preceded by
58:Switzerland
1488:Categories
1086:20 January
1057:20 January
984:|url=
773:Argaam.com
690:References
369:Alma mater
1368:15 August
631:JP Morgan
471:manager,
289:In office
243:In office
201:In office
150:In office
79:Incumbent
1270:Archived
1183:Archived
1160:Archived
1105:Archived
1004:Archived
975:cite web
922:Archived
1168:Reuters
1130:Cnn.com
643:Dhahran
451:at the
441:Dhahran
351:Dhahran
337:Dhahran
252:Monarch
159:Monarch
99:Monarch
1296:Forbes
685:: 2018
672:Honors
608:Dammam
394:Arabic
358:Riyadh
255:Salman
162:Salman
103:Salman
52:2012,
1278:issuu
1252:9 May
954:9 May
928:9 May
879:9 May
512:Total
508:Shell
92:
54:Davos
1370:2023
1344:2018
1254:2016
1088:2012
1059:2012
988:help
956:2016
930:2016
881:2016
718:2020
331:Born
449:MBA
429:CEO
411:of
1490::
1360:.
1330:.
1312:.
1294:.
1240:.
1223:,
1206:,
1144:,
1128:,
1111:,
1067:^
1027:.
1010:,
979::
977:}}
973:{{
947:.
920:.
916:.
867:.
856:^
842:.
795:^
771:.
741:^
709:.
698:^
563:.
510:,
431:.
396::
360:,
353:,
339:,
56:,
1420:e
1413:t
1406:v
1372:.
1346:.
1316:.
1298:.
1280:.
1256:.
1090:.
1061:.
990:)
986:(
958:.
932:.
883:.
789:.
720:.
392:(
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
