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

Why US markets are betting on Saudi Arabia 

UkraineAlert Apr 9, 2025

Putin’s Arctic ambitions: Russia eyes natural resources and shipping routes

By Bohdan Ustymenko

Russia’s plans to expand its influence in the Arctic region and dominate the Northern Sea Route together with China pose serious security challenges for the international community, writes Bohdan Ustymenko.
China Conflict
Why US markets are betting on Saudi Arabia 

EnergySource Mar 28, 2025

Nord Stream could divide Europe yet again 

By Michał Kurtyka

Washington’s potential reset with Moscow, amid Ukraine peace negotiations, has revived discussions on the future of Nord Stream 2. Whether the Trump administration would cede its LNG market in Europe to Russian pipeline exports remains to be seen. For Europe, however, reopening the pipeline would be a costly mistake.
Eastern Europe Economy & Business
Why US markets are betting on Saudi Arabia 

MENASource Mar 13, 2025

Why now is the right time for ‘maximum pressure’ on Iran’s oil exports

By Scott Modell

Iran is more vulnerable than it has been in decades; the United States can deliver a decisive blow to Tehran and set the stage for a more stable and secure future.
Defense Policy Economy & Business

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

Issue Brief

Jan 9, 2020

Transforming the power sector in developing countries: Geopolitics, poverty, and climate change in Bangladesh

By Robert F. Ichord, Jr.

As the South and Southeast Asian region faces increasing energy demand due to both population and economic growth, countries like Bangladesh must meet that demand while facing and overcoming critical environmental and energy security challenges. How is Bangladesh seeking to diversify its energy mix and establish more local and decarbonized power systems, and what are key opportunities for future government and foreign investment?

Bangladesh Climate Change & Climate Action

Global Energy Forum

Jan 9, 2020

Transforming the power sector in developing countries: Geopolitics, poverty, and climate change in Pakistan

By Robert F. Ichord, Jr.

As the South and Southeast Asian region faces increasing energy demand due to both population and economic growth, countries like Pakistan must meet that demand while facing and overcoming critical environmental and energy security challenges. How is Pakistan seeking to diversify its energy mix and establish more local and decarbonized power systems, and what are key opportunities for future government and foreign investment?

Climate Change & Climate Action Energy Markets & Governance

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
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Content

MENASource

Jan 21, 2026

Why US markets are betting on Saudi Arabia 

By Khalid Azim

Saudi Arabia’s long-term strategy is coherent, ambitious, and increasingly credible. US debt capital markets, for now, appear to agree.

Economy & Business Energy Markets & Governance

AfricaSource

Jan 15, 2026

The US is reengaging with Libya—and it’s the right call

By Rose Keravuori, Maureen Farrell

If the United States seeks stability in the Mediterranean and credible alternatives to Russian energy, now is the time to make coordinated security and economic investments in Libya.

North & West Africa Oil and Gas

MENASource

Jan 12, 2026

The Venezuela-Iran connection and what Maduro’s capture means for Tehran, explained 

By Joze Pelayo, Kirsten Fontenrose, Ellie Sennett 

Our experts break down Iran’s ties to Venezuela and the impact Maduro’s capture could have on Tehran’s interests in and outside of its own borders. 

Iran Oil and Gas

Dispatches

Jan 8, 2026

What it takes to revive Venezuela’s oil and gas industry

By David L. Goldwyn, Andrea Clabough

International oil companies are unlikely to make major new investments in Venezuela without greater legal and regulatory certainty.

Latin America Oil and Gas

In the News

Jan 7, 2026

Kroenig on DW News on US oil tanker seizures in the Caribbean

By Atlantic Council

On January 7, Atlantic Council vice president and Scowcroft Center senior director Matthew Kroenig was interviewed on DW-TV about the US seizure of a Russian flagged oil tanker carrying Venezuelan oil. He contends that the move signaled US resolve in quarantining the Venezuelan regime and adopting a firmer approach toward Russia in the Western hemisphere.

Americas Latin America

Dispatches

Jan 4, 2026

Venezuelan oil was the enabler, not the prize

By Landon Derentz

It will likely take years to rehabilitate the country’s energy sector and achieve a sizable increase in oil exports.

Energy & Environment Oil and Gas

Fast Thinking

Jan 3, 2026

What to watch in a post-Maduro Venezuela

By Atlantic Council

President Donald Trump said the United States will now “run” Venezuela—but what will that mean in practice?

Democratic Transitions Latin America

Dispatches

Jan 3, 2026

Experts react: The US just captured Maduro. What’s next for Venezuela and the region?

By Atlantic Council experts

What does the future hold for Venezuela following the US raid that removed Nicolás Maduro from power? Atlantic Council experts share their insights.

Democratic Transitions Latin America

Dispatches

Dec 17, 2025

What Trump’s Venezuela oil blockade means for Maduro and the world

By Atlantic Council experts

Atlantic Council experts react to news that the US military would soon impose a blockade of all sanctioned oil tankers going into or out of Venezuela.

Caribbean Democratic Transitions

MENASource

Dec 16, 2025

What will 2026 bring for the Middle East and North Africa?

By Atlantic Council experts

As 2025 comes to a close, our senior analysts unpack the most prominent trends and topics they are tracking for the new year.

Climate Change & Climate Action Democratic Transitions
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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

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

Fellow

Inwook Kim

Nonresident Fellow

empowerME Rafik Hariri Center & Middle East programs

English Geopolitics & Energy Security
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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