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            • Oil Market Report - June 2026

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            • Sheltering From Oil Shocks

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                • Fuel report

                • May 2025

                Global Methane Tracker 2025 Overcoming barriers to abatementOvercoming barriers to abatement

                …projects or struggle to access the necessary technology.Several initiatives have emerged to help bridge these gaps. They support methane cuts through the sharing of best practices, building capacity or providing financial support and other forms of assistance. The IEA is engaged or affiliated with many of these efforts, which include:UNEP’s International Methane Emissions Observatory (IMEO), which delivers training and technical guidance to governments and companies looking to reduce methane emissions from the oil and gas sector. The IMEO also conducts scientific studies and analysis with data provided through an online portal.OGMP 2.0, which provides a reporting framework f...

                • Key findingsKey findings
                • Understanding methane emissionsUnderstanding methane emissions
                • PoliciesPolicies
                • Accelerating industry actionAccelerating industry action
                • + 2 pages

                Aerial Night View Of Industrial Facility For Storage Of Oil And Gas Shutterstock 1465033238
                • Country

                Romania

                By 2020, the objective of Romania is to guarantee the efficient operation of its energy system under security conditions. Romania also plans to meet the obligations set by EU in terms of greenhouse gas emissions through its legislative package “Climate changes – renewable energies”.

                • OverviewOverview
                • Energy mixEnergy mix
                • EmissionsEmissions
                • ElectricityElectricity
                • + 5 pages

                Romania Flag
                • Fuel report

                • Jun 2025

                Oil 2025

                Analysis and forecast to 2030 Global oil markets have so far had a turbulent 2025. Heightened trade tensions and uncertainty have weighed on the world economy and, by extension, oil demand growth. Combined with the recent OPEC+ decision to accelerate the unwinding of oil production curbs that have been in place for several years, these factors have recently pushed international oil prices to four-year low in April and early May. At the same time, shifts in energy policies are affecting oil producers and consumers alike, with oil supply security remaining high on the international energy policy agenda.Oil 2025…

                • Executive summaryExecutive summary
                Shutterstock 2555806929 Oil 2025
                • Country

                Mauritania

                In 2019, Mauritania’s energy mix was dominated by oil products (65%) and biofuels and waste (32%). In 2020, 43% of the population had access to clean cooking which is the highest share in West Africa. In 2020, 47% of the population had access to electricity. For electricity access, the country targets universal access in urban areas and doubling of the current rate in rural areas by 2024, with country-wide universal access by 2030. For clean cooking, the target is 100% access to LPG in urban areas and 50% access to LPG in rural areas by 2030.

                • OverviewOverview
                • Energy mixEnergy mix
                • EmissionsEmissions
                • ElectricityElectricity
                • + 5 pages

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                • Report

                • Mar 2025

                Policy Toolbox for Industrial Decarbonisation

                …Policy Toolbox is divided into three broad areas with nine categories in total that group policy instruments according to their objectives. These broad areas are: Framework fundamentals, including (1) Establishing plans and policies for long-term GHG emissions reductions and (2) Mobilising finance and investment; Targeted actions for specific technologies and strategies, including (3) Managing existing assets and near-term investment, (4) Creating a market for near-zero emissions materials production, (5) Developing technologies, and (6) Accelerating material efficiency and circularity; and Necessary enabling conditions, including (7) International co-operation and a level playing field, (8) Infrastructure planning and development…

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                • Fuel report

                • Sep 2025

                The Implications of Oil and Gas Field Decline Rates

                Much attention today focuses on uncertainties affecting the future evolution of oil and natural gas demand, with less consideration given to how the supply picture could develop. However, understanding decline rates – the annual rate at which production declines from existing oil and gas fields – is crucial for assessing the outlook for oil and gas supply and, by extension, for market balances.The International Energy Agency (IEA) has long examined this issue, and a detailed understanding of decline rates is at the heart of IEA modelling and analysis, underpinning the insights provided by the scenarios in the World Energy Outlook.This new…

                • Executive summaryExecutive summary
                Oil Field in Desert, Oil Production
                • Policy report

                • Nov 2025

                Southeast Asia Indicators Handbook for Just and Inclusive Transitions

                Energy demand in Southeast Asia is growing, driven by rapidly growing population and economies, industrialisation and urbanisation. Many countries in the region have set out their own national decarbonisation targets and clean energy transitions commitments.Clean energy transitions in the region present unique opportunities to deliver broad socio-economic benefits, beyond emissions reductions, such as the creation of new decent jobs, economic diversification, reduced energy poverty and improved air quality. Tracking these benefits can help ensure that all parts of society benefit from these changes.In 2024, G20 leaders endorsed ten voluntary G20 Principles for Just and Inclusive Energy Transitions…

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                • Fuel report

                • Jan 2026

                Gas Market Report, Q1-2026 Executive summaryExecutive summary

                …increase in 2024, global gas demand growth slowed markedly in 2025 due to a combination of weaker industrial activity and relatively high spot LNG prices in the first half of the year. Market opening reforms continued to gather pace in Asia while the European Union reached a historic decision to phase out Russian natural gas imports by November 2027 at the latest.Global LNG supply growth is set to accelerate further in 2026 to its fastest pace since 2019. This is expected to foster stronger global gas demand growth, primarily driven by China and emerging Asian markets. Global LNG supply…

                • Executive summaryExecutive summary
                The photo depicts a plaquemines LNG Venture Global
                • Fuel report

                • Jan 2026

                Oil Market Report - January 2026

                …oil prices jumped by about $6/bbl at the start of the new year in the wake of geopolitical developments in Iran and Venezuela, but eased by mid-month as tensions moderated. North Sea Dated fell by $0.99/bbl m-o-m in December to an average $62.64/bbl, as markets remained well supplied. This was the benchmark’s sixth consecutive monthly decline, with prices hitting a low of $60.07/bbl mid-month – the weakest since early 2021. Buffer zone The new year got off to a turbulent start as geopolitical tensions rose around Iran and Venezuela…

                01 January
                • Fuel report

                • Jul 2025

                Prospects for Natural Gas Certification Executive summaryExecutive summary

                …of produced natural gas was certified – coming entirely from North America – equivalent to 7.5% of global natural gas production. Certification by itself does not reduce methane or carbon dioxide (CO2) emissions from natural gas operations, nor does it eliminate emissions from its end-use combustion. However, by improving transparency on GHG emissions along the natural gas supply chain – particularly on methane, a potent short-lived climate pollutant – certification can incentivise operators to introduce measures to reduce these emissions. Since methane is the main component of natural gas, action to reduce methane emissions can also bring additional gas to market…

                • Executive summaryExecutive summary
                Photo Showing The Cochrane Gas Generating Station Canada Shutterstock 9607699
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