{"id":7955,"date":"2020-02-04T13:57:44","date_gmt":"2020-02-04T13:57:44","guid":{"rendered":"http:\/\/oilnewskenya.com\/?p=7955"},"modified":"2020-02-04T13:57:44","modified_gmt":"2020-02-04T13:57:44","slug":"the-arab-petroleum-investments-corporation-apicorp-issues-its-annual-top-picks-for-energy-investments-in-2020","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/the-arab-petroleum-investments-corporation-apicorp-issues-its-annual-top-picks-for-energy-investments-in-2020\/","title":{"rendered":"The Arab Petroleum Investments Corporation (APICORP) issues its Annual Top Picks for Energy Investments in 2020"},"content":{"rendered":"

Assuming balanced markets and barring other geopolitical events, Brent prices are expected to trade in the USD55-65 range; \u201cWait-and-see attitude\u201d on geopolitical and economic issues loom over market and investors; Natural gas, system flexibility and carbon capture, utilisation and storage (CCUS) solutions and service sector require investment support to facilitate energy transitions<\/p>\n

The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, issued the annual\u00a0APICORP\u2019s Chief Economist\u2019s Top Picks 2020.<\/em><\/p>\n

Despite a set of recent regional geo-political events as well as global health concerns such as the coronavirus, which has impacted China and prompted the Central Bank of China to inject $174 billion via reverse repo operations to support the economy, APICORP remains confident of the estimated committed and planned energy investments in the MENA region reaching USD1 trillion \u2013 as stated in APICORP\u2019s\u00a0MENA Annual Energy Investment Outlook 2019\u00a0<\/a><\/em><\/strong><\/p>\n

\u201cFor once, oil prices could be the least volatile market signal, barring other unthinkable developments. Coronavirus will impact demand growth in 2020 but we still do not know by how much, with early estimates indicating a downward revision of 300,000 barrels per day to 2020 global liquids demand.\u00a0 Assuming certain other factors continue to balance each other out, particularly post-Q2 2020, we expect Brent prices to trade in the USD55-65 range,\u201d Dr. Leila R Benali, the Chief Economist at APICORP noted.<\/p>\n

The real cause for concern is the prevalent \u2018attentisme\u2019\u00a0<\/em>(wait-and-see attitude) on various key geopolitical and monetary policies, which is in turn affecting the market and investors\u2019 mindsets. Market players are looking for clear signals on three ambiguous issues: macroeconomic complacency, climate change (i.e. carbon pricing), and the tit-for-tat retaliation between the United States and Iran.<\/p>\n

\u201cWith regards to carbon pricing, the\u00a0attentisme<\/em>\u00a0recently translated into calls to divest away from hydrocarbons. But we have to highlight the \u00a0USD70 billion drop in investments as per our\u00a0Gas Investment Outlook 2019-2023<\/a> <\/em><\/strong>\u00a0 compared to the previous 2018 report,\u201d she said.<\/p>\n

Furthermore, as highlighted in APICORP\u2019s November 2019 White Paper, \u201cThe Energy Transition: Reshaping Investments and Strategies<\/em><\/strong><\/a>,<\/em><\/strong>\u201d carbon pricing helps level the playing field for energy technologies and provides finance stakeholders, particularly from the private sector, greater visibility.<\/p>\n

\u201cIn the light of dwindling returns across investment assets, a fascinating transformation is materialising in the relationship between energy companies and investors that may shape what\u00a0the energy company of the future<\/a> \u00a0looks like,\u201d Dr. Benali said.<\/p>\n

She went on to add that APICORP\u2019s current and future research encompasses three areas where investment support is particularly needed to facilitate sustainable energy transitions, including the\u00a0natural gas<\/strong>,\u00a0system flexibility and carbon capture, utilisation and storage (CCUS) solutions\u00a0<\/strong>and energy services, with a particular focus on\u00a0value erosion<\/strong>\u00a0and\u00a0stranded assets<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Assuming balanced markets and barring other geopolitical events, Brent prices are expected to trade in the USD55-65 range; \u201cWait-and-see attitude\u201d on geopolitical and economic issues loom over market and investors; … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":7956,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[11],"tags":[7317,7321,3297,7319,7318,7320,1696,1827],"class_list":["post-7955","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-arab-petroleum-investments-corporation","tag-brent-prices","tag-carbon-pricing","tag-central-bank-of-china","tag-coronavirus","tag-mena","tag-natural-gas","tag-oil","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/02\/APICORP.jpg?fit=186%2C270&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-24j","jetpack-related-posts":[{"id":8338,"url":"https:\/\/www.oilnewskenya.com\/index.php\/total-committed-and-planned-investments-for-2020-2024-in-the-menas-energy-sector-in-excess-of-usd792bn\/","url_meta":{"origin":7955,"position":0},"title":"Total Committed and Planned Investments for 2020-2024 in the MENA\u2019s Energy Sector in Excess of USD792bn","author":"","date":"June 15, 2020","format":false,"excerpt":"Committed and planned energy investments in APICORP\u2019s 2020-24 investment outlook amount to USD792bn, a USD173mn drop compared to USD965bn in 2019-2023; The decline in investments is largely attributed to the 2020 triple crisis: the COVID-19 health crisis, the oil crisis, and a looming financial crisis; Investments are driven primarily by\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/02\/maersk_deliverer-2.jpg?fit=432%2C473&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":14698,"url":"https:\/\/www.oilnewskenya.com\/index.php\/petrobras-namibia-energy-corporation-nec-the-brazilian-institute-of-petroleum-ibp-and-african-energy-chamber-strengthen-africa-brazil-oil-and-gas-investments\/","url_meta":{"origin":7955,"position":1},"title":"Petrobras, Namibia Energy Corporation (NEC), the Brazilian Institute of Petroleum (IBP) and African Energy Chamber Strengthen Africa-Brazil Oil and Gas Investments","author":"","date":"February 5, 2025","format":false,"excerpt":"The African Energy Chamber (AEC) hosted an Invest in African Energies Investment Forum in Rio de Janeiro, Brazil, on 30 January 2025. 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