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Fuel report
Sep 2025
Global Hydrogen Review 2025 Investment and innovation
…and risk-sharing instruments are essential to scaling up hydrogen projects, particularly for first-of-a-kind deployments and emerging technologies. Collaboration among original equipment manufacturers (OEMs), project developers, public funders and insurers may help reduce perceived risk and strengthen investor confidence.Hydrogen venture capital (VC) fundraising fell by one-third in 2024, outpacing declines in broader energy VC. Publicly traded hydrogen companies have also continued to see lower investor returns and revenues over the past year.Development finance institutions are increasingly backing blended finance structures, with recent disbursements focused on early-stage costs, including projects in Brazil, Egypt, Morocco…
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Fuel report
May 2026
Global Methane Tracker 2026 Regional insights
…on Climate Change (IPCC). Meanwhile, work integrating satellite observations with Colombia’s national methane inventory has identified underreporting in the energy sector and offers a model for improving national inventories. The United Nations Environment Programme’s International Methane Emissions Observatory (IMEO) is currently conducting a study on the sources of methane emissions in Colombia and the Climate and Clean Air Coalition (CCAC) is supporting efforts to strengthen monitoring, reporting and verification in that country’s mining sector.All of the region’s major energy producers have signed the Global Methane Pledge, except for Venezuela. Colombia is the only country with…
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Fuel report
Nov 2025
Pledges to Progress 2025 Recommendations
…stakeholders are well aware of the opportunity for climate mitigation and operational efficiency.In many cases, large improvements in company scores could be achieved with better reporting and increased transparency, especially since companies are likely to be doing more than they are disclosing. This would also provide assurances to external stakeholders that the industry is turning its public pledges into action. Specific actions where improvements could make meaningful differences include:Encourage companies to sign the Oil and Gas Decarbonization Charter (OGDC), which will not only help them set industry-standard targets, but also access technical support and a peer community…
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Fuel report
Mar 2026
Sheltering From Oil Shocks Cooking fuels
…such as electric stoves or electric pans, could further reduce demand, subject to available equipment stocks and grid capacity. For around half of these households, a basic alternative would be less than 5% of monthly income, and targeted incentives can improve the affordability, provided supply chains can accommodate the increased demand.How governments can enable this: Governments can encourage those households to use their electric devices more when they own it or support greater electric appliances adoption with targeted incentives for lower-income families. Any incentive scheme should prioritise those with limited resources, and consideration should also be given to…
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Technology report
Nov 2025
What Next for the Global Car Industry Timeline of corporate strategies
This infographic tracks the evolution of corporate strategies for electrification and electric car sales from some of the world’s biggest carmakers and pure-play electric car manufacturers.
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Country report
Nov 2025
Sustainable Transport Policy for Armenia: A Roadmap Sustainable transport in Armenia
…and has been an observer to the EU Energy Community since 2011. Armenia joined the Eurasian Economic Union (EAEU) in January 2015 alongside Belarus, Kazakhstan and the Russian Federation (hereafter “Russia”) (Kyrgyzstan followed in August), and in March 2021, Armenia and the European Union signed a Comprehensive and Enhanced Partnership Agreement (CEPA), which established framework for political, economic and trade co-operation. Introduction to the Armenian energy and transport systems In 2023, Armenia’s total energy demand was 120 petajoules (PJ), with transport accounting for roughly one-third, or 37 PJ. Overall energy demand has risen by around 30% since…
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Country report
Dec 2025
China’s Official Energy Finance in Emerging and Developing Economies Case 6. CNOOC investment in Guyana: Whiptail Oil Field
…term partnership between ExxonMobil (45%, operator), Hess (30%) and CNOOC (25%).For China, this project represents the continuation of a significant upstream presence in the region. With Stabroek resources now estimated above 11 million barrels, CNOOC’s 25% interest gives it exposure to one of the world’s most commercially attractive new oil provinces, with around one-quarter of total resources attributable to the company.Guyana in 2021 passed the Local Content Act to protect local interests in oil development. The Act requires oil companies, including CNOOC, to use local labour and suppliers in 40 specific categories, such as catering…
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Technology report
Nov 2025
What Next for the Global Car Industry Pathways to global EV cost-competitiveness
…cost gap is possible – half is due to efficiency and automation, and 30% to access to low-cost supplies of critical minerals and battery components. Energy costs have only a small impact – between 1% and 4% depending on the region and powertrain -- on the direct cost of car manufacturing including parts and assembly. However, they can be twice as high for battery electric as for conventional cars in countries with above-average energy prices. In upstream industries like steel production, energy accounts for 25% of costs, on average. The differences in purchase prices for battery electric and conventional cars in…
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Fuel report
May 2025
Global Methane Tracker 2025 Overcoming barriers to abatement
There are gaps in financing, data and capacity Tackling methane emissions from fossil fuel operations represents one of the fastest and lowest-cost opportunities to reduce greenhouse emissions globally. Almost all the available methane abatement measures across the energy sector would be cost-effective to deploy in the presence of a greenhouse gas emissions price of about USD 20/tCO2‑eq. Several factors explain why methane emission reduction measures have not been deployed more widely. For example, companies could be unaware of the scale of the problem or the available solutions. There may be higher-profile opportunities competing for investment resources, or…
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Flagship report
May 2025
Global EV Outlook 2025 Trends in electric car affordability
Falling battery pack prices and intensifying competition underpin progress in electric car affordability Today, electric cars often have a lower total cost of ownership than ICE cars over the vehicle lifetime, due to reduced fuel and maintenance expenses. However, reducing the purchase price gap will be key to broader uptake. In Europe, for example, respondents to a 2023 survey by the European Commission identified the price of battery electric cars as the main barrier to adoption. While battery electric car prices generally fell in 2024, the price gap with ICE cars remains in most regions. Electric car affordability has made…