• Focus Area Future of Global Oil Markets Future of Global Oil Markets
  • Type Workshop brief
  • Date 6 February 2023
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Abstract

On September 6, 2022, the workshop “ESG: A Barrier or a Solution to the Oil and Gas Investment Emergency?” was held in conjunction with the Arab Petroleum Investment Corporations (APICORP). This workshop had the following objectives:

To continue the campaign to inform stakeholders about the alarming low investment situation in the oil and gas sector, which could result in a supply deficit in two to three years unless urgent measures are taken.

To analyze the main factors affecting investment attractiveness in the sector, with particular attention to the climate issues that have shifted investors’ priorities to other industries.

To analyze the role of environmental, social, and corporate governance (ESG) scores and strategies and possible solutions that could help the oil and gas industry attract more investment and, at the same time, cope with its sustainability responsibilities.

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