World Energy Congress Convenes in Rotterdam, Saudi Arabia to Host 27th Edition

The World Energy Council announcing Riyadh, Saudi Arabia as the official host of the 27th World Energy Congress to be held 26-29 October 2026 (Saudi Ministry of Energy)
The World Energy Council announcing Riyadh, Saudi Arabia as the official host of the 27th World Energy Congress to be held 26-29 October 2026 (Saudi Ministry of Energy)
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World Energy Congress Convenes in Rotterdam, Saudi Arabia to Host 27th Edition

The World Energy Council announcing Riyadh, Saudi Arabia as the official host of the 27th World Energy Congress to be held 26-29 October 2026 (Saudi Ministry of Energy)
The World Energy Council announcing Riyadh, Saudi Arabia as the official host of the 27th World Energy Congress to be held 26-29 October 2026 (Saudi Ministry of Energy)

More than 7,000 international energy stakeholders will gather in Rotterdam on Monday to attend the 26th edition of the World Energy Congress, the world’s most prestigious, inclusive and influential energy event.
The Congress is the most visionary and truly inclusive world energy leadership convening. It will bring together 18,000 attendees, including 7,000 delegates, 70 ministers, C-suite executives, NGOs, experts and academia, entrepreneurs and young energy leaders to reflect on the role of connected energy societies in driving forward global energy transitions.
Co-hosted by the World Energy Council and the Netherlands Ministry of Economic Affairs and Climate Policy and taking place from 22-25 April 2024, this edition celebrates 100 years since the Council's formation.
Angela Wilkinson, Secretary General of World Energy Council, said that the World Energy Congress is the most significant convention of visionary and practical leadership in energy, gathering the diverse needs and interests of energy ecosystems from all corners of the world.
She added that joined by new platinum sponsors, Aramco and Saudi Arabia’s Ministry of Energy, the congress is confident it will be an important moment in resetting strategic conversations on energy transitions and redesigning energy for the benefit of people and the planet.
Wilkinson also said that both Aramco and Saudi Arabia’s Ministry of Energy will bring important perspectives to the dynamic conversations and collaborative charge forward from one of the world’s most important energy regions currently engaged in its own transformational energy journey.
For his part, Aramco Chief Executive Amin Nasser said there is no doubt that the reduction of greenhouse gas emissions is a critical priority for the world.
“But along with reducing emissions, equally important are energy security, energy affordability and economic development. Aramco is very much committed to supporting all of these goals,” he added.
Last November, the World Energy Council announced Riyadh, Saudi Arabia as the official host of the 27th World Energy Congress to be held 26-29 October 2026.
The award follows a highly competitive bidding process open to all the Council’s 70+ national member committees representing more than 3,000 organizations across the entire energy ecosystem.
The World Energy Congress has helped drive energy transitions forward for more than a century by bringing together stakeholders representing energy interests from all corners of the world.
“Saudi Arabia is pleased to have been awarded the opportunity to host the 2026 World Energy Congress at this important moment in global energy,” said Prince Abdulaziz bin Salman Al Saud, Minister of Energy and Chairman of the Saudi Arabia member committee.
In Rotterdam, the program of the 26th World Energy Congress will revolve around five core topics central to progressing a clean and inclusive energy transition: navigating new energy maps, refueling the future, humanizing energy by engaging people and communities in making global energy transitions happen, pathfinding with the world energy trilemma by connecting energy security, affordability and sustainability and closing the gaps by enabling faster, fairer and more far-reaching energy transitions.
Also, leading the program will be a truly diverse group of experts from across industry, government and civil society, with over 260 confirmed speakers, 200+ being C-suite.
Wilkinson also stated that it is neither easy nor enough to translate net zero roadmaps into reality against a backdrop of new energy insecurity concerns and the increasing damages that climate change is inflicting on the earth’s natural life support system.
She added that it is important to develop a shared and deeper understanding of the role of increasingly diverse energy systems in enabling a safe operating space for humanity. It is urgent to involve more people and communities and identify leading practices in inclusive implementation.
According to the World Energy Council’s Secretary General, “The best way forward is to support diverse regions in leading with and learning from each other and appreciate the diversity of place-based, clean and just energy transitions.”

 



Dollar Recovers as Trump Proposes Canada, Mexico Tariffs

US Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
US Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
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Dollar Recovers as Trump Proposes Canada, Mexico Tariffs

US Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
US Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

The US dollar rose on Tuesday, recovering from its biggest daily percentage drop in 14 months after President Donald Trump suggested the US could impose tariffs on Canada and Mexico by Feb. 1, countering expectations he might take a gradual approach.

Trump told reporters he was thinking about implementing tariffs of around 25% on imports from Canada and Mexico at the start of February over illegal immigrants and fentanyl crossing into the country. He also raised the possibility of a universal tariff but said the US was "not ready" for that yet.

The dollar fell sharply on Monday after Trump's first day in office passed with no specific plans on tariffs and officials said any new taxes would be imposed in a measured way, a major relief for trade-exposed currencies, Reuters reported.

"What you're seeing here, too, is just how crowded long dollar positioning is, so all you need is some ambiguity on the tariff front, and you get these kind of moves," said Erik Bregar, director, FX & precious metals risk management, at Silver Gold Bull in Toronto.

"The bigger outside moves are going to come now if we see some deals happening, some stuff being negotiated and some of this fear getting priced out. The dollar positioning is long enough that you're going to see some smart people trying to bet on a turn."

The dollar index, which measures the dollar against a basket of currencies, rose 0.32% to 108.33 after dropping 1.24% on Monday. It was up as much as 0.68% earlier in the session.

The euro was down 0.22% at $1.0391. The EU is also seen as a likely target for Trump's tariff policies. Sterling weakened 0.26% to $1.2291.

Talking to reporters on Monday, Trump said he would remedy the trade imbalance either through tariffs or by Europe buying more US oil and gas.

A subsequent trade memo directed agencies to investigate and remedy persistent trade deficits. Analysts at Jefferies said the memo should be seen as a "blueprint for what to expect next on tariffs," and April 1 will be an important date as the agency reports are due by that date.

The Canadian dollar weakened 0.8% versus the greenback to C$1.44 per dollar while the Mexican peso was down 0.86% versus the dollar at 20.698.

The inauguration speech focused on emergencies in immigration and energy and a more expansionist foreign policy, including a pledge to take back the Panama Canal.

In his first term in office, Trump had a history of announcing imminent plans for policy proposals, including on healthcare and infrastructure, only for nothing to take shape.

Against the Japanese yen, the dollar weakened 0.11% to 155.42.

The yen has strengthened against the dollar in three of the last four sessions, supported by growing expectations the Bank of Japan will raise interest rates on Friday.

Japan's top currency diplomat Atsushi Mimura said on Tuesday at a Reuters NEXT Newsmaker event that a weak yen would increase inflation by boosting import costs. Mimura said the government and the central bank were communicating closely every day through various channels.

Markets are pricing an 86.2% chance of a quarter-point increase.

The dollar strengthened 0.23% against the offshore Chinese yuan to 7.278. Trump has threatened China with tariffs of up to 60% but did not detail any plans on Monday.

Beijing later set a stronger fix for the yuan, suggesting it was still inclined to take steps to prop up the currency.