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

How the US and its allies can prevent an energy supply crisis in the Strait of Hormuz

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
How the US and its allies can prevent an energy supply crisis in the Strait of Hormuz

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
How the US and its allies can prevent an energy supply crisis in the Strait of Hormuz

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

Dispatches

Mar 3, 2026

How the US and its allies can prevent an energy supply crisis in the Strait of Hormuz

By David L. Goldwyn, Andrea Clabough

As Iran threatens to stop oil and gas shipping through the critical waterway, coordination on what to do with strategic reserves is more important than ever.

Conflict Energy & Environment

Issue Brief

Mar 3, 2026

Turkey’s gas diversification strategy and rising share of LNG

By Eser Özdil

An analysis of Turkey's LNG diversification strategy from 2016 to 2025 and the geopolitical implications of Turkey’s emergence as a gas exporter to Europe.

Energy Markets & Governance Geopolitics & Energy Security

Dispatches

Mar 1, 2026

Don’t worry about the Iran conflict’s impact on oil prices—yet

By Landon Derentz

Markets can tolerate a spike. What they cannot tolerate is prolonged uncertainty over trade flows through the Strait of Hormuz.

Conflict Energy & Environment

Dispatches

Feb 25, 2026

Why the Arctic matters to the United States

By Julia Nesheiwat

The region is rapidly becoming a geopolitical arena where Russia and China’s deepening cooperation challenges Western dominance.

China Critical Minerals

Dispatches

Feb 23, 2026

The US-Lithuania LNG partnership exposes the myth that there are ‘no alternatives’ to Russian gas

As US LNG exports grow, a Baltic ally that decided to break with Russia more than a decade ago shows the way forward for Europe.

Eastern Europe Energy & Environment

Dispatches

Feb 20, 2026

How Trump and Erdoğan can turn US LNG energy dominance into Black Sea stability

By Nataliya Katser-Buchkovska, Landon Derentz

The US and Turkish presidents, along with the Ukrainian president, should strike a deal to open the Bosporus Strait to US LNG tankers.

Energy & Environment Geopolitics & Energy Security

In the News

Feb 19, 2026

Temnycky in Forbes on Europe’s move to phase out Russian LNG in 2026

By Mark Temnycky

On January 7, Mark Temnycky, nonresident fellow at the Atlantic Council’s Eurasia Center, was published in Forbes on Europe’s plan to strengthen its energy markets and phase out Russian LNG in 2026. 

Energy & Environment Europe & Eurasia

Memo to...

Feb 3, 2026

Memo to the president: Steps to secure a prosperous, US-aligned Venezuela

By Jason Marczak, Ambassador James Story, General (ret.) Laura J. Richardson, and Geoff Ramsey

One month after Nicolás Maduro’s removal from power, Washington has significant leverage it can use in the short term to boost the odds of a stable, democratic Venezuela emerging in the long term. To that end, our experts lay out the tough asks the US government should make of interim president Delcy Rodríguez.

Corruption Democratic Transitions

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
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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