Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Algeria Nears Gas Development Deal with ExxonMobil, Chevron

August 18, 2025

Indian Oil to Launch Sustainable Fuel Plant by Year-End

August 18, 2025

OpenAI’s Greg Brockman Says It’s Not Too Late to Build AI Startups

August 18, 2025
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » ICYMI: Energy Secretary Chris Wright Delivers Remarks in Riyadh Following U.S.-Saudi Energy Cooperation MOU Announcement
U.S. Energy Policy

ICYMI: Energy Secretary Chris Wright Delivers Remarks in Riyadh Following U.S.-Saudi Energy Cooperation MOU Announcement

omc_adminBy omc_adminApril 15, 2025No Comments3 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


RIYADH, SAUDI ARABIA —  U.S. Secretary of Energy Chris Wright delivered remarks at a press conference in Riyadh on Sunday and announced the United States and the Kingdom of Saudi Arabia agreed to sign a Memorandum of Understanding (MOU) at a later date to advance cooperation across key areas of energy. The non-binding agreement outlines a framework for collaboration in both traditional and emerging energy sectors, reinforcing shared strategic priorities without financial or legal commitments.

Secretary Wright’s full remarks from the press conference are below: 

I want to start by thanking my fabulous hosts, the Energy Minister Prince Abdulaziz bin Salman and the Crown Prince Mohammed bin Salman. They’ve been so welcoming for myself and our delegation from the United States to come talk about our nations, our road to cooperation, our road for mutual beneficial progress going forward. We’ve made very wide-ranging dialogs for a day and a half now, and they’re going to continue.

We’ve talked about energy and all aspects of energy. We’ve talked about mining critical materials. We’ve talked about processing and industry. We’ve talked about climate change. We’ve talked about human lives and what drives their improvement and how best to achieve those ends.

We’ve talked about some of the obstacles that both of our countries have struggled with in the last several years, particularly on energy. You know, we’ve had a growing global movement, including in my country, the United States, that stood in opposition to energy development—somehow thought the road to a better world was less energy, less empowerment of individuals, and therefore less economic prosperity and less freedom.

So, our broader objectives, which we share, are prosperity at home and peace abroad. We’ve also talked about geo-politics. Peace abroad is every bit as critical as prosperity at home, but they’re linked together. They’re linked together.

Our newly elected President Trump was elected very much on a platform of removing barriers in the United States to the prosperity of our citizens. And by making America stronger and our people more prosperous, our relationships with our allies stronger, we can achieve peace abroad.

As the broader agenda— we discussed, we came at the end to an agreement. We’re coming together on a memorandum that’s broad, and I will announce that right now. We will sign it at a later date, but we’ve developed a broad memorandum of so many areas that the two countries will work together in cooperation to better develop energy resources, energy infrastructure, both in the United States and here in the Kingdom—mining cooperation, civilian nuclear technology and energy production.

We’re going to work on that as well. There’s simply so many aligned interests of our two nations. So, I will announce the agreement of a memorandum. There’ll be a separate date where we’ll sign that memorandum and announce more of the specific efforts that are going to be launched based on that.

 

                                                                                        ###



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

OpenAI’s Greg Brockman Says It’s Not Too Late to Build AI Startups

August 18, 2025

Duolingo CEO Says He Doesn’t Plan to Lay Off Full-Timers Because of AI

August 18, 2025

My Life As an H-1B Holder Feels Unstable Even After 12 Years in the US

August 18, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

LPG sales grow 5.1% in FY25, 43.6 lakh new customers enrolled, ET EnergyWorld

May 16, 20255 Views

South Sudan on edge as Sudan’s war threatens vital oil industry | Sudan war News

May 21, 20254 Views

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20072 Views
Don't Miss

Indonesia’s MedcoEnergi hits 2025 emissions reduction goals ahead of target

By omc_adminAugust 17, 2025

MedcoEnergi has recorded a reduction of more than 1.5 million tons of Scope 1 and…

Global recoverable oil has risen by 5 billion bbls despite 2024 production growth

August 17, 2025

ESG News Week In Review: 10 August – 17 August

August 17, 2025

Global recoverable oil has risen by 5 billion bbls despite 2024 production growth

August 17, 2025
Top Trending

California Climate Reporting Law Survives Court Challenge

By omc_adminAugust 18, 2025

‘Pray for rain’: wildfires in Canada are now burning where they never used to | Canada wildfires

By omc_adminAugust 17, 2025

ESG Today: Week in Review

By omc_adminAugust 17, 2025
Most Popular

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 20253 Views

Analysis: Reform-led councils threaten 6GW of solar and battery schemes across England

June 16, 20252 Views

Guest post: How ‘feedback loops’ and ‘non-linear thinking’ can inform climate policy

June 5, 20252 Views
Our Picks

Algeria Nears Gas Development Deal with ExxonMobil, Chevron

August 18, 2025

Superior Narrows Losses | Rigzone

August 17, 2025

Valmet Signs Agreement to Supply Petrobras with Spare Parts

August 16, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.