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            • Oil Market Report - June 2026

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              Fuel report — 20 March 2026

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              All content Reports Data & Tools News & Events
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                • Country

                Cuba

                Cuba’s energy supply mainly comes from oil products, accounting for over 80% of power generation.

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

                Cuba Flag
                • Policy

                • Philippines

                • 2022

                Agricultural Fuel Subsidies

                In 2022, the Philippines’s government under The Department of Agriculture (DA) implemented fuel discounts for farmers and fisher-folks to reduce the costs of production and transport of major farm and fishery products. PHP 500 million were allocated under the Special Provision No.20 of the General Appropriations Act (GAA) for Fiscal Year 2022 or Republic Act (RA) 11639.In 2023, the programme was extended with additional PHP500 million, reaching in total PHP 1 billion, and benefiting to more than 312,000 farms, with PHP 3,000 per beneficiary on average. 

                • Policy

                • Philippines

                • 1995

                Philippine Mining Act of 1995 (Republic Act No. 7942)

                The Act governs all mining operations and related rights in the Philippines, specifically exploration, development, and utilisation of natural resources conservation through a partnership of the government and private sector. To this end, it provides for a permit system, which grants three kinds of resource mining rights: (1) exploration permit; (2) mineral production and sharing agreement; and (3) financial or technical assistance agreement. Each kind of permit is limited to a maximum contract area, depending on whether it is offshore or onshore and on whether the applicant is an individual or corporation. Only Filipino citizens or corporations with at least…

                • Country

                Libya

                In 2013, the Libyan government launched the Renewable Energy Strategic 2013-2025 Plan, which aims to achieve 7% renewable energy contribution to the electric energy mix by 2020 and 10% by 2025. This will come from wind, Concentrated Solar Power, solar PV and solar heat.

                • OverviewOverview
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                • ElectricityElectricity
                • + 5 pages

                Libya Flag
                • Country report

                • May 2026

                Portugal 2026 Executive summaryExecutive summary

                Thanks to steady expansion of hydropower, wind power generation and solar photovoltaics (PV) in recent years, Portugal has one of the lowest carbon intensities of electricity generation among IEA Member countries. Portugal is entering a mid‑transition that requires managing two interconnected energy systems that are moving in opposite directions: one is based on renewables and electrification and must scale up rapidly; the other is a legacy fossil fuel system that must decline in an orderly way to avoid stranded assets and price shocks. Electricity is becoming the central pillar of energy security and the main driver of emissions reductions.Portugal…

                • Executive summaryExecutive summary
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                • Policy recommendations for PortugalPolicy recommendations for Portugal
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                • Country

                South Africa

                Coal is the mainstay of the South African energy system, meeting around 70% of installed power generation capacity. The 2019 Integrated Resource Plan however sets out a long-term diversification of the power mix by 2030 and moves towards lightening the carbon footprint of the energy sector while meeting growing energy demand and ensuring a socio-economically just transition. While the options to diversify the country's electricity mix appear diverse, the affordability of electricity supply looms as a key concern and a potential constraint on diversification. The structure of consumption and of spending on electricity is skewed towards higher…

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

                South Africa Flag
                • Country

                Armenia

                Imports of oil and gas cover 77% of Armenia’s energy needs. Current energy policy is focused on developing indigenous energy sources, mainly renewable, and on replacing the country’s main nuclear reactor. Energy Efficiency policy has also become a bigger priority as energy security and reliability remain key focus areas. Armenia is part of the EU4Energy Programme, an initiative focused on evidence-based policymaking for the energy sector.

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

                Armenia Flag
                • Policy report

                • May 2026

                Demand- and Supply-Side Measures for the Industry Transition

                Policy brief As governments look to scale up lead markets for near-zero and low-emissions steel and cement, targeted policy measures can help overcome commercialisation barriers, capture emerging market opportunities and support broader government objectives. This policy brief explores a variety of possible policy instruments to stimulate demand and supply of such industrial materials, providing options that governments could adopt and adapt as part of their industrial policy framework – tailored to their unique circumstances to enhance effectiveness – along with practical next steps towards implementation.

                • Policy report

                • Dec 2025

                COP28 Tripling Renewable Capacity Pledge 2025: Update

                Tracking countries’ ambitions COP28: Tracking the Energy Outcomes Nearly 200 countries made major collective pledges on energy at the COP28 climate summit in Dubai with the aim of keeping the Paris Agreement target of limiting global warming to 1.5 °C within reach. For the first time, governments set key goals to help meet this objective, including tripling global renewable electricity capacity by the end of this decade. In June 2024, the IEA published COP28 Tripling Renewable Capacity Pledge: Tracking countries’ ambitions and identifying policies to bridge the gap, which provided a global stocktake of renewable capacity plans to assess…

                • Key FindingsKey Findings
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                • Country report

                • Jun 2026

                Luxembourg 2026

                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 Luxembourg and the IEA. It draws on the IEA’s extensive…

                • Executive summaryExecutive summary
                • InfographicInfographic
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