Rising energy demand is opening new investment opportunities, though geopolitical risks and uncertain oil prices are challenging the industry. Baker Hughes CEO Lorenzo Simonelli is optimistic about the long term, citing AI, population growth and developing nations, and says the industry has a 'demand decade' ahead. He expects industry activity to rise by a low-single-digit percentage in 2027 and says the Middle East conflict highlights the need for more resilient infrastructure, including storage and pipelines. RWE CEO Markus Krebber says AI and electrification are driving electricity demand, but geopolitical tensions, supply chain pressures and higher interest rates are complicating investment decisions. BP CEO Meg O'Neill stresses that wide forecast ranges for global energy demand matter for long-lived projects, while Energy Aspects expects oil markets could be oversupplied in 2027 and 2028 if Middle East flows return to normal.
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