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            • Oil Market Report - June 2026

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              All content Reports Data & Tools News & Events
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                • Country

                Hungary

                Hungary was among the first countries globally, in June 2020, to make a legal commitment to become carbon neutral by 2050 and plans to phase out coal by 2030 at the latest. Enhanced energy efficiency, increased renewable and nuclear electricity and electrification of end-use sectors are identified as the key drivers towards the 2050 target. Hungary plans to build two new nuclear unit and while solar PV has grown notably, wind lacks behind its potential but the change in siting limits for wind turbines are likely to have a positive impact on the sector.

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

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                • Country

                Bosnia and Herzegovina

                Bosnia and Herzegovina adopted a National Environmental Action Plan, which provides action path to address the major environmental issues of the country. In the energy sector the target will be achieved by increasing energy efficiency and usage of renewables (hydro, solar, wind and geothermal energy).

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

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                • Country

                Algeria

                Algeria is a large oil and gas producer and exporter. In 2015, the country updated its Renewable Energy and Energy Efficiency Development Plan to 2030, and put greater focus on the deployment of large-scale renewables, including solar PV and onshore wind installations, through various incentive measures.

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

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                • Country

                Germany

                …come from renewable energy sources (and 100% by 2035) and coal is to be completely phased out. Germany has been an early leader in offshore wind and solar PV and phased out nuclear power in 2023. Major legislative reforms in renewable energy planning and siting support targets of 100-110 GW of onshore wind, 30 GW offshore wind and 200 GW solar, alongside investments in 10 GW of hydrogen by 2030. Under the Energy Efficiency Act, Germany is deploying efforts to reduce energy consumption of about 500 TWh by 2030, corresponding to around one fifth of its energy consumption in…

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                • + 5 pages

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                • Commentary

                • 13 May 2026

                Energy crisis threatens world’s most vulnerable as cooking fuel shortages grow

                …Previous energy crises affected economies and societies in profound ways, often forcing households to ration fuel for their cars and heating for their homes. The 2026 crisis is being felt across the globe – and households in emerging and developing economies are now facing a particularly severe challenge: whether there is enough fuel simply to cook a meal, and whether they can still afford it.At the centre of this sits liquefied petroleum gas (LPG), the world's most widely used cooking fuel. Around 3.4 billion people across the developing world use LPG as their primary source of energy for…

                • Country

                Singapore

                …and third party access to facilities such as gas storage is under development. These moves put Singapore ahead of most countries in the Asia-Pacific region and in a good position for a hub-style market to develop.
                Singapore’s energy policies have also set strong objectives to 2030, including improving the country’s energy efficiency by 36% from 2005 level. Among other measures in support of this target, Singapore introduced energy efficiency standards and labelling for lamps in 2015. The government also plans to increase solar PV capacity and to reduce the country’s greenhouse gas emissions by 16…

                • OverviewOverview
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                • EmissionsEmissions
                • ElectricityElectricity
                • + 5 pages

                Singapore Flag
                • Country

                Portugal

                …supporting decarbonisation through a wide variety of measures, such as, coal-fired generation was phased out in 2021. Portugal is further developing its large hydropower fleet, including additional capacity of pumped hydro storage. Portugal is an international leader for integration of wind generation, and auctions are driving rapid deployment of PV and battery storage. Portugal is pushing for better electricity interconnections with the rest of Europe. Portugal’s National Energy and Climate Plan sets 2030 targets for emissions reductions, energy efficiency and renewable energy that aim to put the country a path to achieving cost effective carbon neutrality by 2050.

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                • EmissionsEmissions
                • ElectricityElectricity
                • + 5 pages

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                • Sector

                Fossil Fuels

                Fossil Fuels

                • Policy report

                • Jun 2026

                Scaling Up Demand Flexibility

                …initiative to examine the growing importance of demand flexibility in electricity systems amid rising demand, increased renewable energy integration and the electrification of power systems. Case studies in chronological order to examine the changing role of demand flexibility over time from South Africa (2025), Thailand (2030) and Ireland (2035) demonstrate how demand flexibility improves reliability, reduces costs, supports renewables integration and manages network constraints. To realise these benefits, the report emphasises the role for smart technologies, inclusive policies, regulatory reforms and consumer engagement to scale flexibility and move away from emergency interventions, towards a more strategic and efficient system capability.

                • Executive summaryExecutive summary
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                • Flagship report

                • Mar 2025

                Global Energy Review 2025

                …rising almost twice as fast as wider energy demand due to higher demand for cooling, rising consumption by industry, the electrification of transport and the growth of data centres and artificial intelligence. Nearly all of the rise in electricity demand was met by low-emissions sources, led by the record-breaking expansion of solar PV capacity, with further growth in other renewables and nuclear power. Gas demand also picked up substantially, while oil and coal consumption increased more slowly than in 2023.CO2 emissions from the energy sector continued to increase in 2024 but at a slower rate than in…

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                • Global trendsGlobal trends
                • OilOil
                • Natural gasNatural gas
                • + 3 pages

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