The Kapsarc campus building
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
Also in this section
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
1 December 2025
The North African producer’s first bidding round in almost two decades is an important milestone but the recent extension suggests a degree of trepidation
