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

Shadow carbon pricing: What corporations can do in the meantime

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
Shadow carbon pricing: What corporations can do in the meantime

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
Shadow carbon pricing: What corporations can do in the meantime

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

Buildings downtown

EnergySource

Dec 30, 2019

Shadow carbon pricing: What corporations can do in the meantime

By Jennifer T. Gordon

There are any number of reasons for corporations to participate in sustainability efforts. One of the greatest contributions that corporations can make to a zero-carbon future is setting a “shadow” price on carbon by placing a dollar value on emissions and making carbon commitments and investment choices accordingly.

Climate Change & Climate Action Energy Transitions
Stock exchange

EnergySource

Dec 30, 2019

The Aramco IPO isn’t quite enough to realize MBS’s diversification ambitions

By Randolph Bell

After significant delays and a number of setbacks, Aramco finally listed shares representing 1.5 percent of the company’s total value on the domestic Tadawul exchange. The $25.6 billion that the IPO raised is nothing to scoff at, but it still is not enough to fully realize MBS’ ambitions. Where does the IPO go from here?

Energy Markets & Governance Energy Transitions
Presidential debate stage

EnergySource

Dec 29, 2019

The reemergence of carbon pricing proposals

By Jennifer T. Gordon

There is a growing political acceptance of carbon pricing, both on the Hill and among presidential hopefuls. However, carbon pricing is by no means inevitable—where does the conversation go from here?

Climate Change & Climate Action Energy Transitions

In the News

Dec 24, 2019

Shaffer joins Bloomberg to discuss oil markets, electricity challenges, and 2020 forecasts

By Atlantic Council

Energy & Environment Oil and Gas

UkraineAlert

Dec 22, 2019

Trump blocks Putin’s pipeline with US sanctions

By Diane Francis

Only weeks away from completion, new US sanctions force Nord Stream 2 contractor to down tools, placing the pipeline's future in jeopardy.

Geopolitics & Energy Security Oil and Gas

In the News

Dec 20, 2019

Morningstar and Fried quoted in Radio Free Europe/Radio Liberty on Nord Stream 2 sanctions

By Atlantic Council

Eastern Europe Energy & Environment

In the News

Dec 18, 2019

Cohen in Forbes: Saudi Aramco IPO Hits $2 Trillion Mark Amid Guarded Forecast

By Atlantic Council

Energy Markets & Governance Middle East

In the News

Dec 17, 2019

Shaffer quoted in Daily Sabah on Israel-Turkey gas relations

By Atlantic Council

Energy Markets & Governance Israel

In the News

Dec 15, 2019

Ellinas in Cyprus Mail: Future of gas in Asia, and what it means for Cyprus

By Atlantic Council

Energy & Environment Energy Markets & Governance

In the News

Dec 12, 2019

Blakemore quoted in EuroNews on carbon markets and COP25

By Atlantic Council

Climate Change & Climate Action 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