RIYADH: Oil and gas will remain the backbone of global energy markets despite growing momentum for renewables, the Arab Energy Organization’s secretary-general said, urging the region to broaden its energy mix.
Speaking at the release of the AEO’s second-quarter 2025 monitoring report on renewable energy, energy transition, and climate change, Jamal Al-Loughani said the region must adopt multiple energy sources.
The AEO, formerly the Organization of Arab Petroleum Exporting Countries, was restructured and renamed following a Saudi proposal adopted during its 113th ministerial meeting in Kuwait in December 2024. The move reflects efforts to expand its mandate beyond petroleum to cover the full spectrum of energy developments.
The restructuring comes as rapid transformations reshape the global energy sector, compelling Arab states to adapt to broader trends in clean technology and sustainable investments.
“Diversification of the energy mix is essential, but no source should be excluded,” Al-Loughani said in a statement to Kuwait News Agency.
