Oil & Gas

Oil & Gas

Even in a more carbon-conscious world, oil and gas will continue to play a significant role in the global energy system. From petrochemicals to power generation, oil and gas technologies will be a central player in the “dual challenge” of meeting increased energy demand and the need for low-carbon energy, making oil and gas still critical for international trade, investment, and geopolitics.

Recent analysis

Transatlantic alliance enters most challenging period since Suez crisis

Dispatches Mar 17, 2026

How the Iran war could trigger a European energy crisis

By Lisa Basquel

Refilling Europe’s depleted gas storage—already a difficult task given the continent’s efforts to stop purchasing Russian gas—is even more difficult now with the Strait of Hormuz effectively closed.
Conflict Economy & Business
Transatlantic alliance enters most challenging period since Suez crisis

Dispatches Mar 12, 2026

Energy under attack: What the Gulf can learn from Ukraine and Iraq

By Matthew Keating

In their successes and shortcomings, Iraq and Ukraine are cases worth studying by countries currently under attack from Iran.
Energy & Environment Geopolitics & Energy Security
Transatlantic alliance enters most challenging period since Suez crisis

Dispatches Mar 5, 2026

What a Middle East oil and LNG crisis means for China and East Asia

By Joseph Webster, Reid I’Anson, and Kevin Li

China, Japan, South Korea, and Taiwan would each be affected by a collapse in energy through the Strait of Hormuz, which Iran has effectively closed.
China Conflict

Programs

The Global Energy Center develops and promotes pragmatic and nonpartisan policy solutions designed to advance global energy security, enhance economic opportunity, and accelerate pathways to net-zero emissions.

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Events

Global Energy Forum

Jan 9, 2020

The role of oil and gas companies in the energy transition

By Robert (“RJ”) Johnston, Reed Blakemore, and Randolph Bell

Many oil and gas companies have recognized the need to decarbonize the energy system to avoid the impacts of climate change. Initial industry efforts to play a role in the energy transition show sincerity and promise. Yet the urgent need for more oil and gas production for the foreseeable future suggests that a comprehensive framework for the oil and gas industry to support a low-carbon future while simultaneously ensuring the world has enough energy to meet development and economic growth goals has yet to be fully developed. What role can the oil and gas industry play lead the way to an energy-rich, globally prosperous, low-carbon future?

Energy Transitions Oil and Gas

Global Energy Forum

Jan 9, 2020

European energy diversification: How alternative sources, routes, and clean technologies can bolster energy security and decarbonization

By Richard L. Morningstar, András Simonyi, Olga Khakova, Irina Markina

The European Union’s efforts to achieve a carbon-neutral economy present a unique and timely opportunity to strengthen European energy security. What is the EU currently doing to meet its decarbonization goals, address the role of natural gas in Europe’s low-carbon future, and explain the potential for new gas sources, alternative gas routes, and clean energy technologies to reduce carbon emissions? And how can this be done while simultaneously increasing European energy security and opportunities for transatlantic cooperation?

Energy Markets & Governance Energy Transitions
Manufacturing facility

Global Energy Forum

Jan 9, 2020

The Saudi Aramco-SABIC merger: How acquiring SABIC fits into Aramco’s long-term diversification strategy

By Private: Jean-François Seznec

Throughout 2019, financial markets have watched the planned Saudi Aramco initial public offering (IPO), which was finally launched in December. A quieter, but no less significant, story was the Saudi oil company’s acquisition of SABIC. Saudi Aramco strove to have a successful IPO, especially through increased transparency and diversification, and the SABIC acquisition was a key element of Saudi oil company's diversification strategy. Going forward, what does the merger mean for both companies, what is the new relationship between Saudi Aramco and SABIC, and what are the merger’s implications for the intricate relationship between the various bureaucracies and leadership in Saudi Arabia?

Energy Markets & Governance Energy Transitions
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Content

UkraineAlert

Feb 18, 2025

Transatlantic alliance enters most challenging period since Suez crisis

By Edward Verona

The conclusion that many observers are drawing from the 2025 Munich Security Conference is that the United States, at least during the Trump presidency, is no longer willing to guarantee European security, writes Edward Verona.

Conflict European Union

UkraineAlert

Feb 13, 2025

Ukrainian drones reportedly knock out 10 percent of Russian refining capacity

By Peter Dickinson

Ukraine’s 2025 campaign of drone strikes on Russian energy infrastructure has succeeded in knocking out around one-tenth of Russia’s refining capacity, according to analysis by Reuters, writes Peter Dickinson.

Conflict Defense Technologies

UkraineAlert

Feb 6, 2025

Ukraine can play a key role in Europe’s future energy architecture

By Nataliya Katser-Buchkovska

Russia’s invasion of Ukraine has highlighted the need for Europe to pursue greater energy flexibility and connectivity, writes Nataliya Katser-Buchkovska.

Conflict Economy & Business

Transcript

Feb 4, 2025

Jonathan Wilkinson: US and Canada need to ‘walk back from the brink’ and find new ways to cooperate—including on energy

By Atlantic Council

At an Atlantic Council event, the Canadian energy minister made the case for a US-Canada alliance on energy and minerals.

Energy & Environment Energy Markets & Governance

UkraineAlert

Jan 29, 2025

Can increased energy sector sanctions pressure Putin into peace talks?

By Aura Sabadus

US President Donald Trump has warned Russia that he will impose economic measures including taxes, tariffs, and sanctions unless Russian President Vladimir Putin agrees to end the war in Ukraine, writes Aura Sabadus.

Conflict European Union

New Atlanticist

Jan 27, 2025

Expert context: What’s going on with Trump and the Panama Canal?

By Atlantic Council experts

With US President Donald Trump focusing on the critical waterway early in his second term, Atlantic Council experts explain how the canal came about, why it matters today, and what to expect next.

Economy & Business Latin America

New Atlanticist

Jan 23, 2025

Trump’s clear path to securing US oil and gas dominance

By Richard L. Morningstar, Landon Derentz

The United States should seize on this moment to ensure long-term US LNG exports to Europe permanently replace Russian natural gas flows.

Economy & Business Energy & Environment

Issue Brief

Jan 23, 2025

‘Maximum pressure’ sanctions on Venezuela help US adversaries, hurt Venezuelans

By William Tobin

The "maximum pressure" strategy employed from 2018 to 2022 against the illegitimate Nicolás Maduro regime in Venezuela did not serve US interests. In this issue brief, the author argues that US sanctions must be linked to clear, targeted objectives.

Economy & Business Energy & Environment

New Atlanticist

Jan 22, 2025

Seven questions (and expert answers) about Trump’s first actions to transform US energy

By Atlantic Council experts

Trump began his second term with a slew of statements and executive orders affecting energy. Atlantic Council experts decode what the changes will do and what to expect next.

Economy & Business Energy & Environment

Issue Brief

Jan 17, 2025

Syria’s energy sector and its impact on stability and regional developments

By Brenda Shaffer

An analysis of Syria’s energy resources and infrastructure, and outlook on the future of Syrian energy production and trade.

Energy & Environment Energy Markets & Governance
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Experts

Fellow

Marino Auffant

Nonresident Senior Fellow

GeoStrategy Initiative Scowcroft Center for Strategy and Security

Economy & Business Energy & Environment

Staff

Reed Blakemore

Director, Research and Programs

Global Energy Center

Geopolitics & Energy Security Energy Transitions

Fellow

Ben Cahill

Nonresident senior fellow

Global Energy Center

Energy & Environment Oil and Gas

Fellow

Neil Ford

Nonresident Senior Fellow

Africa Center

Africa Energy & Environment

Fellow

Agnia Grigas

Nonresident Senior Fellow

Eurasia Center

Eastern Europe Energy Markets & Governance

Fellow

Mamadou Fall Kane

Nonresident Senior Fellow

Africa Center

Africa Energy & Environment
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