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

Saudi Aramco’s downstream push will increase its value

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
Saudi Aramco’s downstream push will increase its value

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
Saudi Aramco’s downstream push will increase its value

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

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

Global Energy Forum

Jan 9, 2020

Energy sector diversification: Meeting demographic challenges in the MENA region

By Bina Hussein

The Middle East and North Africa (MENA) region is projected to experience significant demographic growth by 2050, growth which will have to be met with commensurate economic expansion and job opportunities, or the region will risk an increase in political instability. To meet this challenge, countries in the region must diversify their economies beyond the energy sector and expand their energy sector beyond hydrocarbons. What are the key trends that MENA countries will have to contend with, what is already being done, and what further steps should be taken?

Energy Markets & Governance Energy Transitions
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Content

EnergySource

Mar 19, 2018

Saudi Aramco’s downstream push will increase its value

By Jean-Francois Seznec

Saudi Crown Prince Mohammed bin Salman arrived in the United States Monday to much fanfare. One of the hot topics during the crown prince’s visit is the long-expected, much-anticipated privatization of Saudi Aramco. One major unanswered question surrounding the plan for privatization is where Saudi leadership wants to locate the initial public offering (IPO) for […]

Energy Markets & Governance Oil and Gas

EnergySource

Mar 16, 2018

Efforts to preserve the Iran deal made harder by the president’s moving goal posts

By David Mortlock

From the campaign trail to the Oval Office, US President Donald J. Trump has made no secret of his opposition to the Iran nuclear deal, the Joint Comprehensive Plan of Action (JCPOA), and has more recently called for legislation and a new agreement with key European allies to supplement the deal. With the May 12 […]

Geopolitics & Energy Security Iran

Report

Mar 15, 2018

Strategic oil product stockholding: International experience and US prospects

By Phillip Cornell

Reviewing existing oil product stockholding regimes worldwide, this report concludes that a decentralized and incremental implementation of strategic product reserves can allow the United States to address risks associated with oil product storage and delivery given the state of domestic infrastructure.

Energy & Environment Energy Markets & Governance

EnergySource

Mar 12, 2018

Global Energy Center working paper highlights risks of Nord Stream 2

By Global Energy Center

In a new working paper, Global Energy Center Senior Fellow Alan Riley highlights the risks that could stem from the construction of the contentious proposed Nord Stream 2 pipeline project, which would bring gas from Russia to Germany. In the working paper, Dr. Riley emphasizes that the proposed pipeline would have negative implications for European […]

Geopolitics & Energy Security Oil and Gas

Report

Mar 9, 2018

The collapse of the Venezuelan oil industry and its global consequences

By Francisco Monaldi

Venezuela is in a state of desperation as its oil industry—what are the factors leading to the oil collapse, sanctions options and their impact, the impacts of Russia’s and China’s increasing presence, and various short and long-term scenarios for the industry against a potential default?

Americas Energy & Environment

EnergySource

Mar 8, 2018

Responding to Russia: Time to back backhaul

By John Roberts

Did Gazprom’s sudden move to cut off gas supplies to Ukraine in early March give Europe a chance to secure an almost instantaneous improvement to its energy security? Gazprom’s response to what it saw as an adverse February 28 ruling by an arbitration court in Stockholm, effectively ordering the Russian gas giant to pay  $2.64 […]

Geopolitics & Energy Security Oil and Gas

EnergySource

Mar 6, 2018

Looming conflicts over energy resources in the Eastern Mediterranean

By David Koranyi

As the energy potential of the Eastern Mediterranean grows, so does the potential for conflict over resources. To reduce this potential, the United States and the European Union should play a more proactive role in defusing rising tensions in the region through two key channels of diplomacy. The United States and the European Union should […]

Geopolitics & Energy Security Israel

Report

Mar 5, 2018

China, oil, and Latin America: Myth vs. reality

By Patricia I. Vasquez

Over the past ten years, Chinese companies and policy banks have steadily invested and lent hundreds of billions of dollars in Latin America's oil and gas sector. China's leaders have been pressured to secure energy resources because of stagnating domestic oil production coupled with rapid growth in consumption. Latin America's growing proven oil reserves have made it an attractive partner for China.

China Latin America

Timely Commentary & Analysis

Mar 2, 2018

How has Russia responded to energy sanctions?

By Global Energy Center

The Global Energy Center report, Impact of Sanctions on Russia’s Energy Sector, assesses the impact of sanctions imposed on Russia’s energy sector, specifically targeting future oil development, in 2014. The Takeaways: While sanctions have significantly impacted the Russian economy, they missed their mark when it comes to energy. Russia’s oil production and investment is thriving, […]

Energy & Environment Energy Markets & Governance

EnergySource

Feb 21, 2018

GCC economic diversification: Lessons from Texas

By Randolph Bell

The 2014 oil price collapse sent shockwaves across the oil industry and put economies from North Dakota to Nigeria on notice that $100 oil is not a sure thing. The economy of Texas, however, fared far better during the years of low prices than many experienced oil watchers predicted. Its relative resilience, explained in part […]

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

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