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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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                • + 5 pages

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                Equatorial Guinea

                Electrification rates are relatively high in Equatorial Guinea at 66%. The country began oil production in the late 1990s and began LNG exports in 2007.

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                • Country

                Brazil

                Brazil’s energy policies measure up well against the world’s most urgent energy challenges. Access to electricity across the country is almost universal and renewables meet almost 45% of primary energy demand, making Brazil’s energy sector one of the least carbon-intensive in the world. Total primary energy demand has doubled in Brazil since 1990, led by strong growth in electricity consumption and in demand for transport fuels on the back of robust economic growth and a burgeoning middle class.
                Large hydropower plants account for around 80% of domestic electricity generation, making the Brazilian electricity mix one of…

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                • Country

                El Salvador

                The National Energy Policy to 2024 of El Salvador guides the national actions on energy, following main principles: ensure high quality level and continuous and affordable energy access, decrease fossil fuel dependency and mitigate environmental and social impacts of energy projects.

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                • + 5 pages

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                • Country

                Egypt

                Egypt has initiated a number of energy sector reforms, gradually reducing electricity subsidies and introducing feed-in tariffs to promote renewable energy production. The energy sector reforms recently initiated by the country have resulted in a significant increase in investments which have boosted electricity production over the last 5 years and ensured a stable supply across the country.
                Egypt also has plans to increase the share of renewables in the electricity mix to 42% by 2035.

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                Laos

                Laos’ 2011 Renewable Energy Development Strategy aims to achieve a renewable energy share of 30% in total energy consumption by 2025. The policy encourages investment in renewables and small power development for self-sufficiency and grid connection.

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                Zimbabwe

                Zimbabwe holds large coal reserves and production is set to increase. The country has also significantly untapped its hydropower potential, even though the share of hydropower generation is gradually decreasing.

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                • + 5 pages

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                Namibia

                Most of Namibia’s electricity is generated by hydropower. The country is also one of the ten-largest uranium resource-holders in the world and provides 8.2% of global production. The country has stated its interest in introducing nuclear power into its domestic mix.

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                • + 5 pages

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                Eritrea

                Less than half of the population of Eritrea has access to electricity. Most of the country's electricity generation comes from imported oil.

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                • + 5 pages

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                Australia

                Established under the 2022 Climate Change Act, Australia's climate goals include doubling emissions reductions by 2030 and reaching Net Zero emissions by 2050, while ensuring a just and inclusive energy transition through the guidance of the Net Zero Authority under the Prime Minister’s office. By 2030, the government aims to reach the clean electricity target of 82% of renewable energy. In addition to this target, Australia is implementing a new 2030 critical minerals strategy and gas market reforms to boost energy security during the transition. Flexibility, fuel availability and resilient infrastructure will become even more vital as Australia…

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