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            • Oil Market Report - June 2026

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              All content Reports Data & Tools News & Events
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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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                • + 5 pages

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                • Country

                Mexico

                Mexico’s energy and economic profile presents both challenges and opportunities as a major oil producer, exporter and through its growing domestic energy demand. Mexico was the first large oil producing emerging economy to adopt climate legislation in 2012 and has seen growth in renewable electricity generation from wind and solar, which almost tripled from 2015 to 2022. However, strong action is needed across all sectors to reduce reliance on fossil fuels and bring down greenhouse gas emissions.

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                • + 5 pages

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                • Country

                Poland

                Poland’s energy system has seen progress on energy transition, despite its reliance on domestic hard coal and lignite. For example, Poland has one of the fastest growing solar PV markets in the European Union and has also seen a strong uptake of heat pumps. Poland is pushing to become a major player in offshore wind, aiming for at least 3.4 GW of capacity by 2030. However, stronger efforts are needed across all sectors to accelerate energy transition and Poland would benefit from greater electricity interconnections with the rest of Europe.

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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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                • 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

                Lithuania

                …Estonia and Latvia, Lithuania disconnected from the Russian electricity system and completed the synchronisation of its grid with the Continental European Synchronous Area (CESA) in February 2025. By 2030, Lithuania aims to shift from being an electricity importer to becoming a net exporter. Although the country’s energy consumption still depends heavily on imported fossil fuels, the share of bioenergy in the domestic energy supply is growing, and Lithuania aspires to become an energy exporter by 2050. Lithuania joined the IEA as its 31st member on 20 February 2022, and its most recent Energy Policy Review was published on 7…

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                • + 5 pages

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                • Country

                Chinese Taipei

                The Taiwanese government enacted in the late 2010s the Statute for Renewable Energy Development to reduce CO2 emissions, improve energy diversification and promote green-energy industries. The government is seeking to generate 8% of electricity from renewables by 2025.

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                • + 5 pages

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                • Country

                Türkiye

                …has pursued a restructuring of its energy system with the aim of rationalising energy demand growth, lowering energy prices and slowing the pace of import growth.
                These reforms have included measures targeted at modernisation, liberalisation and increased domestic production capacity. Notably, Türkiye has seen considerable diversification of its energy mix in the past decade. Renewable electricity generation has tripled in the past decade and the commissioning of Turkey’s first nuclear power facility will further diversify the country’s fuel mix. Still, fossil fuels continue to drive Türkiye’s economy, with a heavy dependency on imports, especially oil and gas.

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                • Country

                Indonesia

                Indonesia’s imports of oil have rapidly increased in recent years. This resource-rich nation is the world’s fourth-largest producer of coal and Southeast Asia’s biggest gas supplier. The country is the largest producer of biofuels worldwide and it is scaling up efforts to exploit its renewable energy potential. Indonesia's importance is underscored by its sizeable population of 250 million people – the fourth-largest in the world – and its significant role as a major producer and consumer of energy in regional and international markets. Indonesia is also the largest economy in ASEAN and an active member…

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                • + 5 pages

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                • Country

                Georgia

                Georgia has developed an energy sector based largely on hydropower and fuelwood, in addition to imports of fossil fuels. It is also an important transit country for the region, with major oil and gas pipelines running across Georgian territory. Efforts are required to improve energy efficiency and capitalise on the country’s renewable energy potential.
                Georgia has made solid progress in the past decade, both in improving the security of its energy supply and in transitioning to a cleaner, more sustainable energy system. Although Georgia is still confronted with many challenges in its transition to a more secure, sustainable and…

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                • + 5 pages

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