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Oil Market Report - November 2025
…mainly due to stronger deliveries in China. The third-quarter increase was more than double 2Q25’s 430 kb/d y-o-y expansion, as the macroeconomic picture broadly improved on easing trade tensions. Worldwide 2025 gains of 790 kb/d y-o-y are led by the United States, China and Nigeria, up by about 120 kb/d y-o-y each. Global growth will maintain this rate in 2026, at 770 kb/d y-o-y.The relentless upturn in global oil supply paused in October at 108.2 mb/d, with OPEC+ leading a 440 kb/d…
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Financing Electricity Access in Africa
Access to electricity is a cornerstone for economic development, poverty reduction and social equity. However, almost 600 million people in Africa lack access to electricity today, with progress falling far behind targets set by both African governments and the international community. Reaching universal electricity access will require a rapid scale-up of investment and financing to USD 15 billion per year, enabling the expansion of generation capacity, grid networks and decentralised solutions while ensuring that progress remains inclusive and sustainable.In a new flagship report, Financing Electricity Access in Africa, the International Energy Agency (IEA) undertakes its authoritative energy analysis…
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Universal Access to Clean Cooking in Africa
Progress update and roadmap for implementation Clean cooking access is a defining challenge for Africa’s prosperity. While the number of people without access to clean cooking has halved globally since 2010, the number in sub-Saharan Africa continues to rise. This harms health, economic development, and the environment – contributing to 815 000 premature deaths annually and significant deforestation.In a new report, Universal Access to Clean Cooking in Africa: Progress update and roadmap to implementation, the International Energy Agency (IEA) provides an updated picture of where things stand today, where efforts are gaining ground, and where urgent action is…
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Kenya 2024
Energy Policy Review Government action is pivotal in building secure, inclusive and sustainable energy systems. Energy policy is critical not just for the energy sector but also for meeting environmental, economic and social goals. Governments need to respond to national specific needs, adapt to regional contexts, and help address global challenges. In this context, the International Energy Agency (IEA) conducts Energy Policy Reviews to support governments in developing more impactful energy and climate policies.This Energy Policy Review of Kenya was prepared in collaboration between the government of Kenya and the IEA, whose strong partnership achieved an important milestone in…
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Brazil 2025
Energy Policy Review Government action plays a pivotal role in ensuring secure and sustainable energy transitions. Energy policy is critical not just for the energy sector but also for meeting environmental, economic and social goals. Governments need to respond to their country’s specific needs, adapt to regional contexts and help address global challenges. In this context, the International Energy Agency (IEA) conducts Energy Policy Reviews to support governments in developing more impactful energy and climate policies.This Energy Policy Review was prepared in partnership between the Government of Brazil and the IEA. It draws on the IEA’s extensive…
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Southeast Asia Energy Outlook 2026
The Southeast Asia Energy Outlook 2026 is the seventh edition of this World Energy Outlook Special Report, making Southeast Asia by far the most regularly updated regional outlook compiled by the International Energy Agency (IEA). This reflects the dynamism of the region, as well as the importance of the IEA’s partnership with the eleven countries that make up the Association of Southeast Asian Nations (ASEAN) – Brunei Darussalam, Cambodia, Indonesia, Lao People’s Democratic Republic (Lao PDR), Malaysia, Myanmar, the Philippines, Singapore, Thailand, Timor-Leste (joined ASEAN in 2025) and Viet Nam.As energy security concerns move ever higher on…
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Stepping Up the Value Chain in Africa
Minerals, materials and manufacturing This report explores key opportunities for African countries to step up the value chain in the growing global market for energy technologies, identifying opportunities beyond a role centred around extraction and mining to one more focused on mineral beneficiation, material production and technology manufacturing. These opportunities would enable Africa to retain a greater share of the economic value generated across energy technology supply chains, and would simultaneously contribute to global efforts to enhance supply chain diversification and resilience.The economic benefits of the new energy economy are currently distributed very unevenly. Emerging markets and developing economies…
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The Future of Electricity in the Middle East and North Africa
Electricity demand in the MENA region This study analyses electricity demand in the Middle East and North Africa (MENA) region and its evolution to 2035. MENA has long been a cornerstone of global energy supply. But the region is fast becoming a central character in the story of global energy demand, particularly that of electricity use. Rapid population growth, urbanisation, and rising temperatures are driving up electricity demand. Since 2000, MENA has become one of the top contributors to global electricity demand growth. The region’s climate, characterised by extreme heat and water scarcity, implies that reliable and resilient electricity…
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Mozambique 2024
Energy Policy Review Government action plays a pivotal role in ensuring secure and sustainable energy transitions. Energy policy is critical not just for the energy sector but also for meeting environmental, economic and social goals. Governments need to respond to their country’s specific needs, adapt to regional contexts and help address global challenges. In this context, the International Energy Agency (IEA) conducts Energy Policy Reviews to support governments in developing more impactful energy and climate policies.This Energy Policy Review was prepared in partnership between the Government of Mozambique and the IEA. It draws on the IEA’s extensive…
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Accelerating Renewables Growth in ASEAN
Challenges and policy suggestions Eight of the 11 member states of the Association of Southeast Asian Nations (ASEAN) have adopted net zero emissions targets, and recent national energy plans outline substantially higher ambitions for renewable capacity. Achieving these goals will require timely, sustained and strongly co-ordinated policy action to unlock the scale of renewable energy deployment needed by 2030 and beyond.This report examines the key challenges hindering a faster capacity deployment of renewable power in ASEAN and outlines potential policy solutions informed by successful international experience. It also provides an assessment of renewable-energy auction design options, an…
