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            • Oil Market Report - June 2026

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                • Country

                Guatemala

                The National Energy Plan of Guatemala defines the promotion of renewables as a priority. The plan aims to promote the use of clean and environmentally friendly energy for domestic consumption without losing sight of energy security and the need for supplying electricity at competitive prices.

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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

                Iraq

                Iraq holds abundant oil and gas resources and has strong solar PV potential. Its production to 2030 is set to be third largest contributor to global oil supply. By the same year, the government expects that renewable capacity will amount for 5% of the country’s total system capacity.

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                • + 5 pages

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                • Country

                Lebanon

                The government of Lebanon launched the "National Energy Efficiency and Renewable Energy Action" in 2010 a mechanism dedicated to the financing of green energy projects in the country. Private sector entities can apply for subsidised loans for any type of environmentally friendly projects.

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                • + 5 pages

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                • Country

                Belarus

                Energy policy in Belarus focuses on providing reliable energy while reducing import–dependence, particularly on natural gas from a single supplier. The government is contemplating attractive investment measures and fuel diversification to reduce natural gas consumption and include more coal and renewables into the country's energy mix, while developing local energy sources and introducing nuclear power.

                Belarus has also prioritized improving energy efficiency in electricity and heat production and is phasing out subsidies for electricity, heat and gas, which is expected to make the energy sector more market-focused and investor-friendly. Belarus is part of the EU4Energy Programme…

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                • + 5 pages

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                • Country

                Slovak Republic

                The key objectives of the Slovak energy policy agenda are: increasing efficiency in the power and end‐use sectors, reducing energy intensity, reducing dependence on energy imports, expanding the use of nuclear power, increasing the share of renewables in the heat and electricity sectors, and supporting the use of alternative fuels for transport. With these sound objectives in place, the government should now focus on the cost‐effective implementation of concrete actions. Mining of coal for electricity production ended in 2023 and an additional nuclear unit was commissioned. The country remains dependent on energy imports from Russia, making energy security…

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                • + 5 pages

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                • Country

                Iran

                Iran has in place legislation obliging the Minister of Energy to increase the share of renewables and clean power plants to at least 5% of the country's capacity until the end of 2021.

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                • + 5 pages

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                • Country

                Kenya

                Access to electricity has increased dramatically in Kenya over the past 20 years, reaching almost 3/4 of the population today. The Last Mile Connectivity Project of the Rural Electrification Authority aims to deliver universal access by 2022.

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                • + 5 pages

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                • Country

                Niger

                Access to electricity remains a challenge in Niger and the country is reliant on electricity imports for a significant share of its supply. The country is an oil resource centre and it is one of the ten-largest uranium resource-holders in the world.

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                • + 5 pages

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                • Country

                Chile

                Chile’s energy policy has evolved dynamically in recent years. In response to changes in the domestic and international environment, significant institutional and policy reforms as well as major infrastructure projects have been carried out. In 2022, Chile’s Ministry of Energy published an update to its the Long-Term Energy Policy (PELP, first published in 2015), which re-emphasises the pledge to net-zero, laying out a clear decarbonisation pathway that addresses all sectors of the national economy.
                Based on its excellent renewable energy resources, Chile has taken a globally leading role in clean energy, and emerged as a…

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                • + 5 pages

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