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.
Senior Fellow- Oil & Gas
Hamid is a senior fellow and leads the KAPSARC’s Oil Market Outlook (KOMO) quarterly reports. He focuses on all aspects…
Hamid is a senior fellow and leads the 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?
The unprecedented crisis generated by the COVID-19 pandemic has affected the investment in the oil…
20th November 2023How Long Will the Semiconductor Crisis Affect the Traditional Automotive Sector? Implications for car fuel demand
The unprecedented crisis generated by the COVID-19 pandemic has affected the investment in the oil…
13th October 2022