Carole Nakhle

Dr Carole Nakhle is the founder and Chief Executive Officer of Crystol Energy, an advisory, research
and training firm, which has received several awards including Best Independent Energy Consultancy
in the UK in 2018 and again in 2021.

Born and raised in Lebanon, Dr Nakhle moved to the UK in September 1998 to pursue her
postgraduate studies. Today, she is an internationally recognised authority on the interplay between
economics, energy, governance, and geopolitics.

With a unique breadth of experience gained from working across a wide spectrum of stakeholders, Dr
Nakhle worked with major energy companies (Eni and Equinor) at the executive level, governments
and policymakers (including a Special Parliamentary Advisor in the UK on Energy and Middle Eastern
Issues), international organisations (Commonwealth Secretariat, IMF, United Nations, and World
Bank), as well as academic institutions and specialized think tanks on a global scale.
She sits on the Governing Board of the Natural Resource Governance Institute (NRGI) and acts as
Energy Expert with the Liechtenstein-based Geopolitical Intelligence Services.
She has lectured at leading academic institutions, including the Blavatnik School of Government at
Oxford University, Universities of Dundee and Surrey in the UK, The Graduate Institute in Geneva,
Saint Joseph University in Lebanon, The National Defense University in the USA, and Nato Strategic
Direction South Hub in Italy.

Her views are highly regarded. She has published more than 200 articles and is a thought-after
commentator on energy in the international media and industry gatherings.
She is also the author of two widely acclaimed books: Petroleum Taxation: Sharing the Wealth
published in 2008 and re-printed in 2012 and used as a 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.

An avid supporter of gender balance, in 2007, she founded the not-for-profit organisation ‘Access for
Women in Energy’, with the aim of promoting the development of women in the energy sector. She
has supported similar initiatives in Ghana, Tunisia, and the UAE.

In 2022, Dr Nakhle was featured in the ‘Top 22 Outstanding Women CEOs of 2022’ published by the New York-based The Women Leaders. A year earlier, she was selected ‘CEO of the Year’ in the UK, by
CEO Monthly Magazine. In 2020, she was awarded the prestigious Fellowship of the Energy Institute
and featured on the Energy Council’s list of Top Female Executives in the global energy industry. In
2017, she received the Honorary Professional Recognition Award from the Tunisian Minister of
Energy, Mines & Renewable Energy.