• Focus Area Future of Global Oil Markets Future of Global Oil Markets
  • Type Commentary
  • Date 22 August 2022
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Abstract

The unprecedented crisis generated by the COVID-19 pandemic has affected the investment in the oil and gas sector, which was already suffering from low investment levels, among other reasons due to the climate change misconceptions. This report analyzes the main challenges negatively impacting investments in the sector, focusing on the four most important problems: price volatility, uncertainties due to significantly diverging long-term forecasts, increasing climate change concerns, and the lack of regulation on environmental and social, and governance.

Authors

Hamid M. Al Sadoon

Research Lead Hamid leads KAPSARC’s Oil Market Outlook (KOMO) quarterly reports. He focuses on all aspects related to short- and long-term energy… Hamid leads KAPSARC’s Oil Market Outlook (KOMO) quarterly reports. He focuses on all aspects related to short- and long-term energy forecasting, covering a wide array of topics including demand, prices, inventories, etc. Prior to joining KAPSARC, he worked for three years in corporate planning at Saudi Aramco as an analyst. Between 2012-2016, Hamid was a negotiator for the Saudi climate change team at different United Nations bodies, covering various topics under the Paris Agreement, such as adaptation, transportation, etc. He negotiatied on behalf of the Kingdom at the UNFCCC, Montreal protocol, UNEP, IPCC, ICAO, among others.  

Expertise

  • Oil Demand
  • Long- and Short-term Forecasting
  • Energy Modeling and Climate Change

Publications See all Hamid M. Al Sadoon’s publications

Is the Shale Oil Rush Over?

Is the Shale Oil Rush Over?

The unprecedented crisis generated by the COVID-19 pandemic has affected the investment in the oil…

20th November 2023
Julio Arboleda

Research Fellow Julio is an economist and civil engineer with over 20 years of experience in the energy field. His experience includes… Julio is an economist and civil engineer with over 20 years of experience in the energy field. His experience includes energy policy and data analysis for international organizations, governmental advisory services, and the construction of energy projects. Julio also has a passion for sustainable energy and project management, both supported by his postgraduate studies. Before joining KAPSARC, Julio worked as a senior energy consultant within different organizations. For over seven years, during his position as energy policy analyst at OPEC, he was one of the major contributors to the OPEC World Oil Outlook (WOO). His experience in both the governmental and private sectors, in the field and office, allows him to understand the dynamics of the energy sector.

Expertise

  • Energy Market Analysis and Outlook
  • Oil Market Forecast
  • Energy Policies Impact
  • Technology Developments and Alternative Energy Technologies

Publications See all Julio Arboleda’s publications

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