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

Full transcript: The 2026 Atlantic Council Distinguished Leadership Awards honor leaders shaping the future with a collaborative spirit

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
Full transcript: The 2026 Atlantic Council Distinguished Leadership Awards honor leaders shaping the future with a collaborative spirit

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
Full transcript: The 2026 Atlantic Council Distinguished Leadership Awards honor leaders shaping the future with a collaborative spirit

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

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

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
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Content

Transcript

Apr 23, 2026

Full transcript: The 2026 Atlantic Council Distinguished Leadership Awards honor leaders shaping the future with a collaborative spirit

By Atlantic Council

The Atlantic Council honored two trailblazing corporate leaders, a military official, and a Grammy-winning country music artist for their roles in shaping the global landscape.

Freedom and Prosperity NATO

Dispatches

Apr 21, 2026

The Strait of Hormuz closure forces a choice: Ration oil now or pay a steep price later

By Joseph Webster and Reid I’Anson

Instead of subsidizing demand or releasing scarce reserves too quickly, policymakers should emphasize the rationing of scarce supplies.

Conflict Economy & Business

Event Recap

Apr 14, 2026

The IEA’s Fatih Birol: Oil prices will soon begin ‘reflecting the severity’ of the energy crisis

By Katherine Golden

At an Atlantic Council Front Page event, Birol argued that oil prices, while high, are “not reflecting the severity of the problem” posed by the Iran war’s damage to infrastructure and the closure of the Strait of Hormuz.

Energy & Environment Geopolitics & Energy Security

Transcript

Apr 13, 2026

Fatih Birol: The IEA is ‘ready to act’ with additional releases of reserves if needed

By Atlantic Council

At an Atlantic Council Front Page event, the executive director of the International Energy Agency spoke about economic impacts of the war in Iran and how countries can mitigate them.

Energy & Environment Geopolitics & Energy Security

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
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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