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

Nonresident senior fellow Brian O’Toole cited in the New York Times on Russian oil output following a price cap

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
Nonresident senior fellow Brian O’Toole cited in the New York Times on Russian oil output following a price cap

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
Nonresident senior fellow Brian O’Toole cited in the New York Times on Russian oil output following a price cap

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

In the News

Sep 19, 2022

Nonresident senior fellow Brian O’Toole cited in the New York Times on Russian oil output following a price cap

Read the full article here.

Economy & Business European Union

In the News

Sep 19, 2022

Wald quoted in CNN Business on oil prices in the Middle East
Energy & Environment Middle East

Markup

Sep 15, 2022

What’s next for European energy security? Our experts decipher the State of the European Union Address.

By Atlantic Council experts

Ursula von der Leyen's speech focused on energy and strategic decoupling of supply chains amid Russia's war in Ukraine, but didn't delve into common defense.

Economy & Business Energy & Environment

UkraineAlert

Sep 11, 2022

Russia is facing defeat in Putin’s gas war against the European Union

By Aura Sabadus

Vladimir Putin has declared an energy war against the European Union but there are growing signs that the Russian dictator may have overplayed his hand, writes Aura Sabadus.

Conflict Energy Markets & Governance

Britain Debrief

Sep 9, 2022

#BritainDebrief – What are the origins of Europe’s energy crisis? | A Debrief from Dr. Helen Thompson

By Ben Judah

Senior Fellow Ben Judah spoke with Dr. Helen Thompson, Professor of Political Economy at Cambridge University, on Europe’s energy, climate and geopolitical reckoning.

Civil Society Conflict

In the News

Sep 9, 2022

Sullivan quoted in Nonovite on European energy security and Russian gas

By Paul Sullivan

Energy & Environment Europe & Eurasia

UkraineAlert

Sep 6, 2022

Europe can win Putin’s gas war but must learn Nord Stream lessons

By Anders Åslund

With Russia now dropping all pretense and openly declaring that it will not renew gas deliveries to the EU until sanctions are scrapped, it is vital to learn the lessons from Europe’s earlier refusal to recognize the Kremlin’s weaponization of energy exports.

Conflict Corruption

In the News

Aug 30, 2022

Amb. Dan Fried quoted in Marketplace on whether Gazprom brings Nord Stream 1 back online as planned

By Daniel Fried

Read the full article here.

Economy & Business European Union

In the News

Aug 29, 2022

Director Josh Lipsky quoted in VOA on Russia’s attempt at dedollarization

By Josh Lipsky

Read the full article here.

Economy & Business European Union

In the News

Aug 29, 2022

Nonresident senior fellow Hung Tran cited in Reuters on US-China audit agreement.

By Hung Tran

Read the full article here.

Economy & Business European Union
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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