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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

                Myanmar

                In Myanmar, a steep increase in the share of gas-fired power generation reflects a push to take advantage of its abundant domestic resources. The country however has ample scope to rely on renewables in its electrification strategy.

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                • + 5 pages

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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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                • Country

                Luxembourg

                Luxembourg has a fossil fuel intensive energy mix driven by a high demand for transportation fuels, notably from transiting freight trucks and commuters. Despite this demand, the country is committed to reducing emissions. Its climate law sets targets for a 55% emission reduction by 2030 and climate neutrality target by 2050. The government has adopted numerous measures to push for energy transition, including a carbon tax which was introduced in 2020 and encouraging renewable generation through subsidies and auctions. Several programmes also support energy efficiency in buildings, industry and transportation, with a target for 49% of all passenger cars to…

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                • + 5 pages

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                • Country

                Mongolia

                Coal is the first source of electricity generation in Mongolia, but the country has recently begun using hydro, solar and wind power, and has adopted a law aiming to increase and regulate the use of renewables.

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                • + 5 pages

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                • Country

                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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                • + 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

                Norway

                Norway has set ambitious targets for reducing greenhouse gas emissions and establishing a low-emissions society by 2050. As an energy-rich country, Norway is in a unique starting position with respect to the energy transition. An abundance of affordable hydropower has enabled the development of energy-intensive industries and a high level of electrification of homes and businesses with limited greenhouse gas emissions. At the same time, as a major oil and gas producer and exporter, Norway will need to support an evolution of its energy sector amid the global energy transition. Altogether, Norway has the opportunity to lead…

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                • + 5 pages

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                • Country

                Uzbekistan

                Despite being energy self-sufficient thanks to its gas sector, Uzbekistan's ageing infrastructure struggles to meet growing domestic demand. Losses, overuse and financing remain problematic. Wide-ranging reforms focused on improving and diversification the energy sector are being introduced and the government has adopted the Strategy of Actions 2017-2021, which prioritizes improving energy efficiency and increasing generating capacity and use of renewables. Uzbekistan is part of the EU4Energy Programme, an initiative focused on evidence-based policymaking for the energy sector.

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                • ElectricityElectricity
                • + 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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                • + 5 pages

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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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