KAPSARC receives two OPEC awards for research accomplishments

KAPSARC receives two OPEC awards for research accomplishments

KAPSARC receives ‘OPEC Best Energy Research Institute Award 2023’ by the OPEC Secretariat, recognizing the Center’s role in conducting academic research with real-world impact and advancing the public discourse on critical energy issues. Axel Pierru, KAPSARC's Acting Vice President of Knowledge and Analysis, receives 'OPEC Award for the Best Energy Research Paper 2023' on behalf of his co-authors Hossa Almutairi and James Smith for their novel research on oil market stability. Vienna: The King Abdullah Petroleum Studies and Research Center (KAPSARC), a Riyadh-based advisory think tank, was honored with two awards during the 8th OPEC International Seminar held in Vienna on 5-6 July 2023. At the event, the Center received the ' Best Energy Research Institute Award ' recognizing its influential role in producing impactful research that shapes public discourse on critical energy-related issues. Furthermore, Axel Pierru, Acting Vice President of Knowledge and Analysis, accepted the ' OPEC Award for the Best Energy Research Paper ' on behalf of his co-authors Hossa Almutairi and James Smith, for their novel research on oil market stability. These awards mark the first time that OPEC has bestowed such honors. OPEC Secretary General, HE Haitham Al Ghais said on KAPSARC’s awards: “The Center and