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

The logic of Iran’s attack on Saudi Arabia

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
The logic of Iran’s attack on Saudi Arabia

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
The logic of Iran’s attack on Saudi Arabia

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

New Atlanticist

Sep 19, 2019

The logic of Iran’s attack on Saudi Arabia

By Henry Rome and Robert Johnston

While previously mere threats against the safety of shipping were enough to send tremors through oil markets and spook past US presidents, Iranian leaders have seemed powerless to respond to the Trump administration’s “maximum pressure” campaign.

Geopolitics & Energy Security Iran

In the News

Sep 18, 2019

Slavin quoted in NPR on Saudi oil attack and Trump Administration

By Atlantic Council

Energy & Environment Middle East

In the News

Sep 18, 2019

Slavin quoted in NPR on attacks on Saudi oil field

By Atlantic Council

Energy & Environment Middle East

In the News

Sep 18, 2019

Cohen joins Bloomberg to discuss surgical strikes and Iran

By Atlantic Council

Energy & Environment Iran

In the News

Sep 18, 2019

Cohen joins Al Jazeera to discuss the Abqaiq-Khurais attacks and oil price volatility

By Atlantic Council

Energy & Environment Energy Markets & Governance

In the News

Sep 18, 2019

Cohen in Newsweek: Donald’s Dilemma: Can He Retaliate to Attack on Saudi Oil Fields Without Starting a War with Iran?

By Atlantic Council

Geopolitics & Energy Security Iran

In the News

Sep 18, 2019

Fontenrose joins BBC to discuss Saudi oil attack

By Atlantic Council

Energy & Environment Iran

Press and members call

Sep 17, 2019

Atlantic Council press call: Saudi Aramco attacks

By Atlantic Council

Following the September 14 attack on two Saudi Aramco facilities, Atlantic Council experts Kirsten Fontenrose, Phillip Cornell, Ellen Wald, Jean-Francois Seznec, and Randolph Bell unpack the latest developments and offer insight into the ramifications for global energy markets, regional security, and the anticipated Aramco IPO.

Infrastructure Protection Oil and Gas

In the News

Sep 17, 2019

Pfaff in Defense One: The Saudi-Oil Attacks Aren’t Game Changing. They Show How the Game Has Changed
Iran Oil and Gas

In the News

Sep 17, 2019

Slavin quoted in NPR on U.S. Satellites Detected Iran Readying Weapons Ahead Of Saudi Strike

By Atlantic Council

Energy & Environment Energy Markets & Governance
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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