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            • Oil Market Report - June 2026

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                • Country

                Qatar

                Qatar is a major producer and exporter of natural gas, oil and oil products. Its domestic oil and gas productions entirely cover the country’s energy needs.

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                • + 5 pages

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                • Country

                Albania

                Albania’s Ministry of Energy recently launched an auction round for the construction of the country’s first large-scale solar plant. The country also has a National Strategy of Energy, which aims to develop an effective energy sector that guarantees security of energy supply and efficient use of energy.

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                • Country

                Belarus

                Energy policy in Belarus focuses on providing reliable energy while reducing import–dependence, particularly on natural gas from a single supplier. The government is contemplating attractive investment measures and fuel diversification to reduce natural gas consumption and include more coal and renewables into the country's energy mix, while developing local energy sources and introducing nuclear power.

                Belarus has also prioritized improving energy efficiency in electricity and heat production and is phasing out subsidies for electricity, heat and gas, which is expected to make the energy sector more market-focused and investor-friendly. Belarus is part of the EU4Energy Programme…

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                • Country

                Israel

                Israel endorsed a target of generating 10% of the country’s electricity from renewable sources in 2020. Solar thermal and photovoltaic power plants are expected to account for over 70% of total generation, with the remainder deriving from household PV units, wind energy and biomass.
                The statistical data for Israel are supplied by and under the responsibility of the relevant Israeli authorities. The use of such data by the OECD is without prejudice to the status of the Golan Heights, East Jerusalem and Israeli settlements in the West Bank under the terms of international law.

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                • Country

                Honduras

                In 2014, Honduras approved a new Law of Electrical Industry, which establishes technology-specific auctions for renewable energy. 75% of the population has access to electricity in the country and only 48% can rely on clean cooking facilities.

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                • + 5 pages

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                • Country

                Malaysia

                In Malaysia, the share of gas in the power mix decreased from 67% in 2005 to 47% in 2015, led by policies to switch to coal in response to declining domestic gas production. The country holds a large share of Southeast Asia’s fossil fuel resources.

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                • Country

                Venezuela

                The Venezuela Plan for the National Electric System aims to integrate renewables in the power system by including it in medium and long-term strategies. It aims to develop the use of renewables within isolated rural communities including solar, small hydro and biogas.

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                • + 5 pages

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                • Country

                Canada

                Canada has set an ambitious target to cut greenhouse gas emissions by 40-45% from 2005 levels by 2030 and to reach net zero emissions by 2050. Canada’s energy and economic profile presents both challenges and opportunities to achieving these targets given its profile as a major producer, consumer and exporter of energy. Energy production and use in Canada accounts for over 80% of the country’s GHG emissions, with oil and gas production alone accounting for around a quarter. Canada’s electricity system is already among the cleanest in the world, with heavy dominance of hydropower as well…

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                • + 5 pages

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                • Country

                Bulgaria

                Bulgaria adopted The Energy from Renewable Sources Act in 2011. The Act regulates the generation and consumption of energy from renewable sources with the aim of achieving the national targets in terms of renewable energy use in final gross energy consumption.

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                • Country

                Estonia

                Estonia has achieved a notable reduction in greenhouse gas emissions thanks mainly to lowering its reliance on electricity generation from domestic oil shale, an energy rich sedimentary rock. However, oil shale remains the main energy source and imported fossil fuels still plan a major role, especially in transport. Estonia’s forests, which historically offset significant greenhouse gas emissions, have become a net emissions source. Estonia is aiming to accelerate its clean energy transition with a target to cover 100% of annual electricity demand with renewables by 2030 as part of a larger package to achieve climate neutrality by 2050. It…

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                • + 5 pages

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