Dr Carole Nakhle, Founder and Chief Executive Officer

Dr Carole Nakhle

Dr Carole Nakhle is the founder and CEO of Crystol Energy. An Energy Economist, she specializes in international petroleum contractual arrangements and fiscal regimes; upstream oil and gas regulations; petroleum revenue management and governance; energy policy, security and investment; and world oil and gas market developments.

With a unique breadth of experience, Dr Nakhle has worked with oil and gas companies (IOCs and NOCs), governments and policy makers, international organizations, academic institutions and think tanks, globally. She is active on the Governing Board of the Natural Resource Governance Institute (NRGI), a program advisor to the Washington based International Tax and Investment Centre, and a regular contributor to Geopolitical Intelligence Services and the Executive Sessions on the Political Economy of Extractive Industries at Columbia University in New York. She is also involved in the OECD Policy Dialogue on Natural Resource-based Development and acts as a Visiting Lecturer at the Blavatnik School of Government at Oxford University, lectures and supervises postgraduate research at the University of Surrey in the UK, and Saint Joseph University in Beirut.

Dr Nakhle is a respected contributor to the global debate on energy matters, with more than 150 articles in academic journals, newspapers and magazines to her credit, as well as being a prominent speaker at international industry conferences. She has reviewed studies, books and reports for leading publishing houses and consulting firms and is an avid commentator on energy in the international media. She has appeared on Al Arabiyya, Al Jazeera, the BBC, CNBC, CNN, among others. She is the Executive Editor of Newsweek’s special edition ‘The Future of Innovation in the Oil and Gas Industry’.

Dr Nakhle is also the author of two widely acclaimed books: Petroleum Taxation: Sharing the Wealth published in 2008, re-printed in 2012, and used as primary reference in leading universities and industry training courses; and Out of the Energy Labyrinth (2007), co-authored with Lord David Howell, former Secretary of State for Energy in the UK. She is currently working on a new book: Petroleum Fiscal Regimes and Wealth Management.

Dr Nakhle has worked on energy projects in more than 40 countries and has been on exploratory visits to the Arctic and North Sea. She is also the director of the not-for-profit organization ‘Access for Women in Energy’, which she founded in 2007 to support the development of women in the energy sector, worldwide.

In 2017, she gave evidence to the UK Parliament International Relations Committee on oil markets, the transformation of power in the Middle East and implications for the UK policy. In the same year, she received the Honorary Professional Recognition Award from the Tunisian Minister of Energy, Mines & Renewable Energy.

For a list of Dr Nakhle’s publications please visit School of Economics, University of Surrey.