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

What will Merkel decide on Nord Stream 2?

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

What will Merkel decide on Nord Stream 2?

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

What will Merkel decide on Nord Stream 2?

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

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


Online Event
Tue, July 29, 2025 • 6:30 am ET

One year later: Venezuela’s presidential election and the road ahead

Americas
Civil Society
Corruption
Democratic Transitions


EnergySource

Jun 18, 2025

Energy security is only achievable through global partnerships

By
Elena Benaim, Paddy Ryan

The Atlantic Council’s flagship Global Energy Forum concluded its programming in Washington, DC, today. What emerged as a central theme throughout was the undeniable need for any single country to engage in international partnerships to achieve energy and national security, whether speakers were discussing divergent transatlantic views, nuclear power, or critical mineral supply chains.


Africa

Americas

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Content

New Atlanticist

Aug 17, 2018

What will Merkel decide on Nord Stream 2?

By Agnia Grigas

Given that Russia is known for using energy as a tool of foreign policy, exporting corruption via its business dealings and seeking to fracture the unity of the EU and NATO, the Nord Stream 2 pipeline is about much more than gas for both Washington and the European Union.

European Union Eurozone

New Atlanticist

Aug 17, 2018

A breakthrough in Berlin? Not so fast.

By Jörn Fleck

Moscow’s vocal reaction to the new US sanctions may also signal Putin’s willingness to pursue a renewed dialogue with Germany.

Financial Sanctions and Economic Coercion Germany

New Atlanticist

Aug 14, 2018

Can lowering trade barriers fuel American energy exports to Europe?

By Barbara C. Matthews, Earl Anthony Wayne, and Richard Morningstar

The EU’s efforts to diversify its energy imports through increased reliance on American LNG exports therefore presents a geo-strategic opportunity to increase energy and political security in Europe and bolster the transatlantic relationship in the process.

European Union Germany

EconoGraphics

Jul 19, 2018

US Iran Sanctions Could SpOIL the Global Economy

By Ole Moehr

The Trump Administration’s “maximum pressure” approach against Iran to reduce Iranian crude oil exports to zero as soon as possible is expected to rattle markets and could undermine the credibility and effectiveness of US sanctions. This edition of the EconoGraphic outlines how re-imposed US sanctions against Iran will affect the global oil market, the price of oil, US consumers, and the American economy.

China Economy & Business

Report

Jul 18, 2018

Decarbonization and peak oil demand: The role of policy in the transportation sector

By Robert J. Johnston and Hilary Novik Sandberg

What is the role of government policy in the transportation sector amidst international efforts to reduce carbon emissions and peak oil demand concerns, specifically in regard to the numerous policies and technological developments that have already been adopted or could be developed to aid the decarbonization of the transportation sector, as well as the reforms necessary to their widespread adoption?

Energy & Environment Energy Transitions

EnergySource

Jul 13, 2018

What Iran’s World Cup team says about oil production

By Brenda Shaffer

In the current tight oil market, where little wiggle room exists between supply and demand, any production outage has the potential to significantly impact the global oil price. And while observers frequently discuss many of the geopolitical risks that could lead to such outages, the potential for outages in Iranian production warrants further consideration—and not […]

Geopolitics & Energy Security Iran

EnergySource

Jul 5, 2018

The risks of the Trump Administration’s whiplash policy on Iranian oil

By David Mortlock and Ellen Wald

As the Trump Administration prepares to re-impose nuclear-related sanctions on Iran following the president’s decision to withdraw the United States from the Joint Comprehensive Plan of Action (JCPOA), its treatment of Iranian oil sales could dramatically impact both the United States’ Iran strategy and the global oil market. The administration’s apparent decision to compel buyers […]

Geopolitics & Energy Security Iran

EnergySource

Jul 2, 2018

As OPEC manages the market, shale producers struggle with local constraints

By Ellen Scholl

Much has been made of the recent OPEC decision to lift production limits and its impact on US shale producers, with some commentators arguing that OPEC reclaiming its role as a market manager has put US shale in its place. However, others have noted that shale producers in the Permian are potentially sighing in relief […]

Americas Energy Markets & Governance

EnergySource

Jun 28, 2018

Understanding OPEC’s agreement to raise production: A conversation with Helima Croft

By Ellen Scholl

Global Energy Center Deputy Director Ellen Scholl sat down with Atlantic Council Board Director Dr. Helima Croft, managing director and global head of commodity strategy, global research at RBC Capital Markets, for her take on the OPEC meeting and the decision to move away from production cuts and toward increasing production to balance the market […]

Energy Markets & Governance Oil and Gas

EnergySource

Jun 21, 2018

The OPEC meeting and the United States: The elephant not in the room

By Randolph Bell

The geopolitics and economics of oil appear set to collide at this Friday’s OPEC meeting and Saturday’s follow-on OPEC/Non-OPEC Ministerial, as members of the producing cartel and non-OPEC member countries debate the fate of the production curtailment agreement in place since 2016. However, the biggest elephant in the room won’t even be there. The United […]

Energy Markets & Governance 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

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