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            • Oil Market Report - June 2026

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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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                • Country

                Sri Lanka

                Sri Lanka’s primary energy supply mainly comes from oil and coal. Almost 40% of Sri Lanka’s electricity came from hydropower in 2017 but coal’s shares in power generation has been increasing since 2010. Sri Lanka is reaching universal access to electricity but clean cooking remain an issue with 15 million people still relying on biomass to cook.

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                • Country

                Tajikistan

                Hydropower is the main source of energy in Tajikistan, followed by imported oil, gas and coal. However, Tajikistan's energy sector is prone to supply shocks, due to seasonal shortages. Energy policy focuses on providing uninterrupted energy access to all users while improving regional co‑operation and energy sector efficiency, but significant domestic and foreign investment will be necessary for continued energy sector development. Tajikistan is part of the EU4Energy Programme, an initiative focused on evidence-based policymaking for the energy sector.

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                • Country

                Bulgaria

                Bulgaria adopted The Energy from Renewable Sources Act in 2011. The Act regulates the generation and consumption of energy from renewable sources with the aim of achieving the national targets in terms of renewable energy use in final gross energy consumption.

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                Greece

                Greece is making progress on its energy transition, including implementing reforms to standardise and simplify licensing procedures for renewable projects and investigating options for offshore wind. Coal fired generation, once the main source of electricity, will be phased out by 2028 at the latest and EUR 5 billion has been committed to assist impacted communities. Auctions are driving strong deployment of solar PV, onshore wind and battery storage. There are also projects for interconnections and renewables to decarbonise electricity on Greek islands. However, more effort is needed boost electrification and improve efficiency in transport and buildings.

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                Ecuador

                In Ecuador, The Energy Efficiency National Plan 2016-2035 presents an inter-sectoral plan for energy efficiency, policies in transport, industry, residence, production, generation and all energy consumption sectors. In 2013, a new feed-in tariff scheme for renewable energy projects also entered into force.

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                Malta

                The National energy policy of Malta was launched in December 2012. It lists decisions and actions that have already been implemented as well as measures aiming to ensure the sustainability of Malta's energy sector.

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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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                Tunisia

                Tunisia mostly relies on gas imports to meet its primary energy needs: almost 97% of its electricity generation came from gas in 2016. However, energy policy puts the emphasis on renewable energy. Electricity generation from wind power strongly increased since 2014.

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                Viet Nam

                In recent years, Viet Nam has increased its non-hydro renewable capacity targets in its power development plan, from 9.4% to 21% of total installed capacity in 2030, and decreased the share of coal-fired capacity from 52% to 43%.

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