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            • Oil Market Report - June 2026

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                • Country

                Dominican Republic

                Dominican Republic has adopted a law on incentives for the development of renewable energy sources, which aims to increase the diversity of energy sources, reduce dependence on imported fossil fuels and stimulate investment in renewable energy.

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                Nicaragua

                The National Energy Policy of Nicaragua establishes a policy framework for the development and exploitation of renewable sources. The law sets the objective of prioritizing the use of renewable energy in the national energy mix and of stabilizing energy prices using renewables.

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                • Country

                Algeria

                Algeria is a large oil and gas producer and exporter. In 2015, the country updated its Renewable Energy and Energy Efficiency Development Plan to 2030, and put greater focus on the deployment of large-scale renewables, including solar PV and onshore wind installations, through various incentive measures.

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                • + 5 pages

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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

                Bolivia

                A quarter of the electricity generated in Bolivia comes from renewables. On the other hand, 12% of the population still does not have access to electricity. The government has launched the Bolivia Electric Plan 2020-2025 to support the expansion of the electricity grid with a strong emphasis on renewables.

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                • + 5 pages

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                • Country

                Burkina Faso

                In 2019, Burkina Faso’s energy mix was dominated by biofuels and wastes, with oil products accounting for one-third of the total energy supply. In 2020, 11% of the population had access to clean cooking and only 21% had access to electricity, making Burkina Faso one of the world’s least-electrified countries. For electricity, the country has a target of 95% access for urban areas and 50% for rural areas by 2030. For clean cooking, Burkina Faso has a universal access target for urban areas and 65% in rural areas by 2030. The target for LPG urban penetration…

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                • + 5 pages

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                • Country

                Senegal

                In Senegal, 65% of the population has access to electricity. Strong policies and incentives have supported liquefied petroleum gas (LPG) use and less than 25% of the urban population now relies on solid biomass for cooking.

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                • + 5 pages

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                • Country

                Cameroon

                Electrification rates are relatively high in Cameroon compared to the Central African region: 54% of the population has access to electricity, while consumption remains low. The country produced 70 kb/d of oil in 2013, but production is gradually declining.

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                • + 5 pages

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                • Country

                Bosnia and Herzegovina

                Bosnia and Herzegovina adopted a National Environmental Action Plan, which provides action path to address the major environmental issues of the country. In the energy sector the target will be achieved by increasing energy efficiency and usage of renewables (hydro, solar, wind and geothermal energy).

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                • + 5 pages

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                • Country

                Yemen

                In Yemen, less than half of the population has access to electricity. In 2010, the government launched a National Strategy for renewable energy and energy efficiency, which aims to develop grid and off-grid renewable energy and targets a 15% share of renewable electricity generation by 2025.

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                • + 5 pages

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