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            • Oil Market Report - June 2026

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                • Country

                Peru

                Peru’s government identified the development of electricity from renewable energy sources as a public necessity of national interest. The country established a National Renewable Energy Development Plan to be funded by the Annual Budget Law, external debt operations, direct investments and contributions from international institutions.

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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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                • Country

                Singapore

                Singapore is the region’s second-largest gas importer. The country is expanding its existing LNG importing facility and is seeking to become a major LNG trading hub. Singapore’s relatively small import needs raise questions about how quickly the hub would reach sufficient liquidity to operate efficiently, but it is nonetheless well placed to bring Asian LNG buyers and sellers together and has taken a major step forward with the creation of an LNG price index: the “SLiNG”.
                Singapore has made important moves towards liberalising its gas market, providing the basis for more competitive price setting. These moves include…

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                • Country

                Rwanda

                Rwanda included strong commitments to its intended nationally determined contribution (INDC) to the Paris Agreement. The country plans to increase its carbon sink capacity through sustainable forest management practices and to reduce emissions from the agricultural sector. In 2019, Rwanda’s energy mix was dominated by biomass and waste (74%) and oil products (20%), while natural gas, coal and hydro account for the rest of the energy supply. In 2020, less than 5% of the population had access to clean cooking and 50% had access to electricity. With annual access growth of more than 3 percentage points, Rwanda has shown…

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                • + 5 pages

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                • Country

                Colombia

                Colombia launched the Energy Plan 2050 in 2016 , which aims to diversify the country’s energy resources and ensure a reliable energy supply by including wind power plants, solar PV and geothermal energy generation in the country's electric mix.

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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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                • + 5 pages

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                • Country

                Costa Rica

                Costa Rica’s energy policy aims to move from a fossil fuels based energy system towards renewable energy sources and to expand its power generation capacity, replacing old power generating stations and developing new projects.

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                • + 5 pages

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                • Country

                Libya

                In 2013, the Libyan government launched the Renewable Energy Strategic 2013-2025 Plan, which aims to achieve 7% renewable energy contribution to the electric energy mix by 2020 and 10% by 2025. This will come from wind, Concentrated Solar Power, solar PV and solar heat.

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                • + 5 pages

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                Cote D’Ivoire

                Most of Cote d'Ivoire's primary energy demand is covered by local oil refinery supplies and domestic gas production. Almost 60% of the population had access to electricity in the country in 2017, a 10-percentage point’s increase from 2015.

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                • Country

                India

                Energy demand in India is growing rapidly with major implications for the global energy market. The Government of India has made remarkable progress in providing access to electricity and clean cooking while implementing a range of energy market reforms and integrating a high share of renewable energy sources into the grid. India, with a population of 1.36 billion and a fast growing economy, has seen its energy demand increasing rapidly as the country continues to urbanize and the manufacturing sector develops. This growing demand is met through various energy sources, with coal set to remain the largest source of…

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                • + 5 pages

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