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

Operation Overflow: How to break Iran’s grip over the Strait of Hormuz

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
Operation Overflow: How to break Iran’s grip over the Strait of Hormuz

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
Operation Overflow: How to break Iran’s grip over the Strait of Hormuz

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

Issue Brief

Jan 9, 2020

Transforming the power sector in developing countries: Geopolitics, poverty, and climate change in Bangladesh

By Robert F. Ichord, Jr.

As the South and Southeast Asian region faces increasing energy demand due to both population and economic growth, countries like Bangladesh must meet that demand while facing and overcoming critical environmental and energy security challenges. How is Bangladesh seeking to diversify its energy mix and establish more local and decarbonized power systems, and what are key opportunities for future government and foreign investment?

Bangladesh Climate Change & Climate Action

Global Energy Forum

Jan 9, 2020

Transforming the power sector in developing countries: Geopolitics, poverty, and climate change in Pakistan

By Robert F. Ichord, Jr.

As the South and Southeast Asian region faces increasing energy demand due to both population and economic growth, countries like Pakistan must meet that demand while facing and overcoming critical environmental and energy security challenges. How is Pakistan seeking to diversify its energy mix and establish more local and decarbonized power systems, and what are key opportunities for future government and foreign investment?

Climate Change & Climate Action Energy Markets & Governance

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
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Content

Dispatches

Apr 10, 2026

Operation Overflow: How to break Iran’s grip over the Strait of Hormuz

By Landon Derentz

The US and its Gulf partners need an infrastructure strategy to bypass the strait entirely, on the scale of projects undertaken during World War II.

Geopolitics & Energy Security Iran

Dispatches

Apr 8, 2026

Sanctions waivers on Russian and Iranian oil are set to expire. Here’s what Trump should do next.

By Maia Nikoladze, Daniel Fried

Washington should rely on already established mechanisms to limit revenue flows to both Tehran and Moscow.

Conflict Economy & Business

MENASource

Apr 7, 2026

Iraq’s oil export vulnerability exposes the cost of unresolved disputes

By Yesar Al-Maleki

The closure of the Strait of Hormuz shows how Iraq’s energy security depends as much on political coordination as on infrastructure.

Geopolitics & Energy Security Infrastructure

UkraineAlert

Mar 31, 2026

Ukraine bombs Russia’s Baltic ports as Zelenskyy targets Putin’s oil exports

By David Kirichenko

Ukraine's President Zelenskyy says the country’s partners have called on Kyiv to scale down attacks on Russian energy infrastructure after drone strikes reportedly reduced Russia’s oil export capacity by at least 40 percent as global energy prices surge amid the Iran War, writes David Kirichenko.

Conflict Drones

MENASource

Mar 25, 2026

Amid the Hormuz crisis, an Iraq-Jordan-Egypt oil pipeline can no longer wait

By Maisoon H. Kafafy

Iraq is hemorrhaging oil revenue. Egypt is absorbing shocks on every front. The infrastructure that could have changed both equations has been forty years in the making. It still doesn’t exist.

Conflict Iraq

Dispatches

Mar 20, 2026

Demand destruction has begun: What Sri Lanka reveals about the global energy crisis

By Phillip Cornell

The disruption to oil and gas flows through the Strait of Hormuz has triggered a systemic shock to energy markets, and Sri Lanka is on the front line.

Conflict Energy & Environment

In the News

Mar 20, 2026

Cohen in Forbes: Questions remain about Russian oil in US-India trade deal

By Atlantic Council

Europe & Eurasia India

EnergySource

Mar 19, 2026

The Iran war tests Taiwan’s energy resilience

By Kevin Li

Taiwan's energy vulnerabilities are being sharply tested by supply disruptions from the conflict in Iran. Mitigating these risks will require both short-term crisis management and longer-term diversification of its energy mix.

Energy & Environment Geopolitics & Energy Security

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

UkraineAlert

Mar 17, 2026

The Iran war is good for the Russian economy but bad for Putin’s prestige

By Maksym Beznosiuk, Will Dixon

From Armenia and Syria to Venezuela and Iran, Moscow’s inability since 2022 to aid its allies in times of crisis has seriously damaged Russia’s reputation as a global power, write Maksym Beznosiuk and Will Dixon.

Conflict Geopolitics & Energy Security
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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