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Pledges to Progress 2025
An assessment of transparency of the oil and gas industry’s emissions reduction efforts At COP28, more than 50 of the world’s leading oil and gas companies launched the Oil and Gas Decarbonization Charter (OGDC), laying out a series of ambitions to achieve net zero operational emissions by 2050. As global methane and flaring emissions continue to rise, these ambitions are more important than ever to reduce energy waste and mitigate the harmful consequences of climate change.To support accountability and transparency, the International Energy Agency (IEA), the United Nations Environment Programme (UNEP) International Methane Emissions Observatory (IMEO) and…
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Global Energy Review 2025
Global Energy Review 2025 This edition of the Global Energy Review is the first comprehensive depiction of the trends that took place in 2024 across the entire energy sector, covering data for all fuels and technologies, all regions and major countries, and energy-related carbon dioxide (CO2) emissions. The latest data show that the world’s appetite for energy rose at a faster-than-average pace in 2024, resulting in higher demand for all energy sources, including oil, natural gas, coal, renewables and nuclear power. This growth was led by the power sector, with demand for electricity rising almost twice…
- Key findings
- Global trends
- Oil
- Natural gas
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+ 3 pages
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Ukraine’s Energy Security
A pre-winter assessment As Ukraine enters its fourth winter of war, ensuring that residents retain reliable access to heat and power is of the utmost importance. While Ukraine made strong strides in rebuilding and strengthening the resilience of its energy system this past spring and summer, the situation remains fragile, and the risk of huge disruptions and widespread destabilisation remains – particularly as Russia expands the scope and sophistication of its attacks.This analysis builds on the IEA’s September 2024 report, Ukraine’s Energy Security and the Coming Winter. It provides an update on the latest developments through October…
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Oil Market Report - July 2025
The IEA Oil Market Report (OMR) is one of the world's most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for IEA and selected non-IEA countries. Highlights World oil demand growth is forecast to increase by 700 kb/d in 2025, its lowest rate since 2009, with the exception of the 2020 Covid year. Annual growth eased from 1.1 mb/d in 1Q25 to just 550 kb/d in 2Q25, with emerging…
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Global Methane Tracker 2025
Methane is responsible for around 30% of the rise in global temperatures since the Industrial Revolution, and rapid and sustained reductions in methane emissions are key to limiting near-term global warming and improving air quality. The energy sector – including oil, natural gas, coal and bioenergy – accounts for more than 35% of methane emissions from human activity and has some of the best opportunities to cut these emissions. The annually updated Global Methane Tracker is an essential tool for raising awareness about methane emissions across the energy sector and the opportunities to bring them down.The Tracker presents our latest…
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World Energy Outlook 2025
The IEA’s flagship World Energy Outlook (WEO) is the most authoritative source of global energy analysis and projections. Updated annually to reflect the latest energy data, technology and market trends, and government policies, it explores a range of possible energy futures and their implications for energy security, access and emissions. The WEO covers the whole energy system, using a scenario-based approach to highlight the central choices, consequences and contingencies that lie ahead. It includes exploratory scenarios that flow from different assumptions about existing policies, as well as normative pathways that achieve energy and emissions goals in full. The multi…
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Electricity Mid-Year Update 2025
Despite a slowdown in global economic growth prospects, the world’s electricity consumption increased strongly in the first half of 2025, driven by rising demand from industry, appliances, cooling, data centres and electrification. At the same time, electricity supply from renewables, natural gas and nuclear continues to grow, with all set to reach new milestones.This mid-year update follows the extensive Electricity 2025 report released in February, examining the latest trends and the outlook for the remainder of the year. It includes updated data for 2024 along with new forecasts for 2025 and 2026 covering areas such as global…
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Oil Market Report - May 2025
The IEA Oil Market Report (OMR) is one of the world's most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for IEA and selected non-IEA countries. Highlights Global oil demand growth is projected to slow from 990 kb/d in 1Q25 to 650 kb/d for the remainder of the year as economic headwinds and record EV sales curb use. Demand growth averages 740 kb/d in 2025 and 760 kb/d in…
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Oil Market Report - April 2026
The April edition of the IEA’s Oil Market Report is exceptionally provided free of charge in an abridged format.For access to the full report, subscribers can visit their Products page.The IEA Oil Market Report (OMR) is one of the world's most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for IEA and selected non-IEA countries. Listen to the most recent episode of the Everything Energy podcast with senior oil market analysts…
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Coal Mid-Year Update 2025
Coal’s role in the global energy system today remains significant. Over the past decade, the world’s demand for coal has stayed relatively stable, apart from a temporary drop during the Covid-19 pandemic and the rapid rebound that followed. Today, global coal consumption, power generation, production and trade are all at record levels.In many countries, coal continues to be the leading source of electricity generation, helping to meet growing energy needs. These trends carry major implications for energy security, affordability and sustainability, especially as coal remains the single largest contributor to energy-related carbon dioxide emissions. While…
