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

Putin’s Achilles Heel: Ukraine targets Russia’s vital but vulnerable energy industry

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
Putin’s Achilles Heel: Ukraine targets Russia’s vital but vulnerable energy industry

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
Putin’s Achilles Heel: Ukraine targets Russia’s vital but vulnerable energy industry

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 11, 2020

Gas imports remain key to Asia’s development plans

By Adal Mirza

Despite rising renewable energy generation, South and South East Asia will continue to look at major investments in new gas import infrastructure to displace more carbon-intensive fuels, as the region races to meet its development ambitions.

Energy Markets & Governance Energy Transitions

Global Energy Forum

Jan 11, 2020

Climate commitments needed to head off threats of volatility and instability

By Adal Mirza

A widening gap between perceptions and reality of the global energy markets could increase volatility as governments, policy makers, and industries struggle to tackle climate change, according to Fatih Birol, the executive director of the International Energy Agency.

Climate Change & Climate Action Energy Markets & Governance

Global Energy Forum

Jan 9, 2020

International grid integration: Efficiencies, vulnerabilities, and strategic implications in Asia

By Phillip Cornell

In order to meet growing global demand for electricity, and in response to an increase in renewables, power networks and markets are evolving and becoming increasingly interconnected. South and Southeast Asia have already had some success with interconnections, and China’s vision and Belt and Road Initiative loom large in the region, but there are geopolitical concerns to contend with. Could a US model manage these concerns? What is the state of regional power markets in Asia and investment in regional grid infrastructure, and what responses are we already seeing to emerging trends?

Climate Change & Climate Action Energy Markets & Governance
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Content

UkraineAlert

Jan 25, 2024

Putin’s Achilles Heel: Ukraine targets Russia’s vital but vulnerable energy industry

By Peter Dickinson

Ukraine has begun 2024 by opening a new front in the war against Putin's Russia with a series of long-range drone strikes on Russia’s vital but vulnerable energy industry, writes Peter Dickinson.

Conflict Defense Technologies

New Atlanticist

Jan 25, 2024

Houthi attacks in the Red Sea hurt global trade and slow the energy transition

By William Tobin, Joseph Webster

Recent attacks on commercial shipping in the Red Sea are a reminder that a major disruption to freedom of navigation would hold many negative consequences.

Economy & Business Energy & Environment

New Atlanticist

Jan 25, 2024

The skies are quiet, but the Iran-Pakistan strikes left lasting diplomatic damage

By Muhammad Faisal

While the immediate crisis will subside, an intensified security dilemma will be permanent for Islamabad.

Conflict Economy & Business

In the News

Jan 8, 2024

Tran quoted in TIME on Red Sea shipping disruptions

Read the full article here.

Economy & Business Macroeconomics

In the News

Jan 5, 2024

Wald featured in Bloomberg Surveillance podcast discussing potential for oil supply risk amid recent Houthi attacks and avoiding the Red Sea
Energy Markets & Governance Geopolitics & Energy Security

In the News

Jan 5, 2024

Wald quoted in Bloomberg on the potential disruption to the oil trade amid Red Sea attacks
Energy Markets & Governance Middle East

In the News

Dec 29, 2023

Wald and Shaffer quoted in S&P Global Commodity Insights on Iranian sanctions, ties to Houthis, and crude oil supplies
Energy Markets & Governance Financial Sanctions and Economic Coercion

In the News

Dec 28, 2023

Wald featured in Bloomberg Surveillance podcast discussing global oil markets in Middle East geopolitics
Energy Markets & Governance Geopolitics & Energy Security

In the News

Dec 20, 2023

Tran cited by Investopedia on Red Sea attacks disrupting global trade

Read the full article here.

Oil and Gas Trade and tariffs

New Atlanticist

Dec 20, 2023

What’s behind the attacks on ships in the Red Sea

By Ellen Wald

Houthis have increased drone and missile attacks against commercial ships in the area, and companies are suspending routes through the Suez Canal.

Economy & Business Energy & Environment
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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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Events

Flagship Event Tue, June 9, 2026 • 9:00 am ET

2026 Global Energy Forum

The tenth Global Energy Forum will chart the course for continued innovation, collaboration, and leadership in the global energy transition. 
Africa Americas Climate Change & Climate Action Critical Minerals