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            • Oil Market Report - June 2026

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                • Topic

                Investment

                …tracks capital flows in the energy sector, identifying key trends and studying their impact. Analyses such as our flagship World Energy Investment report, published annually, explore how investors are assessing risks and opportunities across all areas of fuel and electricity supply, critical minerals, energy efficiency, research and development and energy finance.The Agency also supports governments and industry as they work to reduce barriers to investing in secure, affordable and clean energy. Our analysis is designed to enhance transparency around economic and financing trends, the cost of capital and profit dynamics. We also explore how capital markets and innovative financing instruments can…

                • Commentary

                • 09 Jun 2026

                The energy crisis creates even stronger impetus for EU electrification

                …energy consumption relies on fossil fuels, of which the EU imports more than 80%.This commentary is the first in a series examining the case for electrification in the EU, identifying cost competitiveness and areas where targeted policies could catalyse change. Fuel price ratios determine electrification competitiveness To make electrification cost-competitive, electricity prices need to fall below a threshold ratio relative to the price of fossil fuels. Because most electrification options are several times more efficient than conventional alternatives, they can be cheaper to operate than conventional fuel-based technologies even when electricity costs more per unit of energy…

                • Country

                Jordan

                The government of Jordan targets 10% of energy mix to come from renewables by 2020. The country has set up a fund, as well as duties and taxes exemptions on all manufactured locally and imported renewable energy sources equipment and systems.

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                • + 5 pages

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                • Commentary

                • 19 Jun 2026

                Delivering on the EU’s electrification ambitions

                …Electrification is a key pillar of the EU’s energy security, industrial competitiveness, and climate strategy. Today, imported fuels account for around 60% of the EU’s total energy demand and cost the bloc EUR 380 billion in 2024. The risks associated with the EU’s reliance on fuel imports have been highlighted by recent market disruptions linked to the near-closure of the Strait of Hormuz amid the conflict in the Middle East, bringing renewed attention to the EU’s target of increasing electrification from 24% today to 32% of energy consumption by 2030.This commentary is the second…

                • Commentary

                • 27 Mar 2026

                Policy and financing momentum sustain CCUS progress despite setbacks

                …Ensuring this extends beyond a small number of projects, however, will require additional policy support to enable viable business models and target specific risks that need to be addressed for more projects to reach final investment decisions (FIDs). Supportive policies are unlocking private capital in select markets Regionally, Europe and the Middle East saw the strongest gains in 2025, with both capture and storage capacity expanding. North America also recorded significant additions in CO₂ storage capacity, although progress on capture was tempered by the pause or delay of many projects.Recent progress was enabled by targeted government support that helped…

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                Industry

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                Turkmenistan

                Turkmenistan’s government is continuously investing in oil and gas, to modernise and expand the electricity and heat sector by 2020. Moreover, the energy sector is almost fully subsidised, with citizens receiving free electricity, heat and gas up to a certain level of consumption, until 2030, but the government is taking steps to reduce subsidies to curb domestic demand and increase exports. Turkmenistan is part of the EU4Energy Programme, an initiative focused on evidence-based policymaking for the energy sector.

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                • + 5 pages

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                • Country

                Georgia

                …an energy sector based largely on hydropower and fuelwood, in addition to imports of fossil fuels. It is also an important transit country for the region, with major oil and gas pipelines running across Georgian territory. Efforts are required to improve energy efficiency and capitalise on the country’s renewable energy potential.
                Georgia has made solid progress in the past decade, both in improving the security of its energy supply and in transitioning to a cleaner, more sustainable energy system. Although Georgia is still confronted with many challenges in its transition to a more secure, sustainable and affordable energy future…

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                • + 5 pages

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                • Country

                Kazakhstan

                Kazakhstan is a significant producer of coal, crude oil and natural gas, and a major energy exporter. While coal dominates the country’s energy mix, renewable sources of energy are a small but growing share of Kazakhstan’s electricity generation. Gas pipeline network expansion remains a priority, in order to expand access and reduce reliance on coal and LPG for household consumption. Kazakhstan is part of the EU4Energy Programme, an initiative focused on evidence-based policymaking for the energy sector.

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                • + 5 pages

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                • Commentary

                • 15 Jun 2026

                From farms to fuel: Ukraine’s biomethane opportunity for energy security and European decarbonisation

                …supplying both its domestic market and the EU via an already existing pipeline infrastructure.The first exports of biomethane come at a critical moment. Repeated Russian attacks on Ukrainian energy infrastructure have exposed the vulnerabilities of centralised energy supply. Although biomethane relies on the same gas distribution and transmission infrastructure as natural gas, its production is inherently more decentralised than domestic natural gas extraction, reducing exposure to disruptions affecting individual production sites. Biogas and biomethane can also be used for local production of electricity and heat.  Additionally, the ongoing conflict in the Middle East continues to drive imported natural gas…

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