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Pledges to Progress 2025
An assessment of transparency of the oil and gas industry’s emissions reduction efforts At COP28, more than 50 of the world’s leading oil and gas companies launched the Oil and Gas Decarbonization Charter (OGDC), laying out a series of ambitions to achieve net zero operational emissions by 2050. As global methane and flaring emissions continue to rise, these ambitions are more important than ever to reduce energy waste and mitigate the harmful consequences of climate change.To support accountability and transparency, the International Energy Agency (IEA), the United Nations Environment Programme (UNEP) International Methane Emissions Observatory (IMEO) and…
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Tracking SDG7: The Energy Progress Report, 2026
This report is published by the SDG 7 custodian agencies, the International Energy Agency (IEA), the International Renewable Energy Agency (IRENA), the Statistics Division of the United Nations Department of Economic and Social Affairs (UN DESA), the World Bank, and the World Health Organization (WHO), and aims to provide the international community with a global dashboard to register progress on energy access, energy efficiency, renewable energy and international cooperation to advance SDG 7.
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Oil Market Report - November 2025
…against Rosneft and Lukoil may curtail Russian oil flows. At the time of writing, Dated was trading around $62/bbl. Imbalances Global oil market balances are looking increasingly lopsided, as world oil supply is forging ahead while oil demand growth remains modest by historical standards. At the same time, the risks to the forecast remain plentiful, with the economic repercussions of the recent tariff turmoil and the US federal government shutdown still uncertain, and the impacts of new sanctions on Russia yet to become clear. North Sea Dated crude oil prices slumped by $3.26/bbl in October, their fo...
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Artificial intelligence and EVs
GEVO 2026 - Chapter 8 Progress in AI and computing power is disproportionately benefiting EVs, particularly for automated driving and integrated vehicle control. Sensors and chips integrate well with the stable, high-voltage power supply of EV batteries. At the same time, the benefits of AI and increased computing power are not exclusive to EVs. AI‑enabled energy management systems are increasingly used to optimise hybrid vehicles, and AI techniques are accelerating the design, testing and optimisation of all vehicles. Advances in AI underpin progress in autonomous vehicles Just two decades ago, state-of-the-art autonomous vehicles were confined to test…
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Tracking SDG7: The Energy Progress Report, 2025
…globally, policy progress and technological advances have shown some promising results, notably in boosting renewable energy deployment and achieving modest (though still insufficient) improvements in energy efficiency. Elements of the SDG 7 agenda gained new momentum through various agreements in recent years, including the consensus reached at the 2023 United Nations Climate Change Conference (COP28) to triple global renewable power capacity and double the global average annual rate of improvement in energy efficiency by 2030, and through the 2025 Dar es Salaam Declaration to expand electricity access, a declaration endorsed by 48 African countries.Scaling up clean cooking and electricity…
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Nick Johnstone
Chief Statistician. Nick Johnstone took up his duties as Chief Statistician and Head of the Energy Data Centre in February 2019. Previously he provided support to the work of the Committee on Industry, Innovation and Entrepreneurship (CIIE) in the Directorate for Science, Technology and Innovation at the OECD. He began his career at the OECD 1999, taking up the position of Head of the Empirical Policy Analysis Unit in the Environment Directorate. He previously held positions as a Research Associate at the International Institute for Environment and Development, and as a Research Officer at the Department of Applied Economics of the University of Cambridge. He holds a PhD in Economics from the University of Cambridge (UK), and has published widely in leading journals in the areas of energy, innovation, and environmental economics.
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Global battery markets are growing strongly – and so are the supply risks
…and expanding applications continue to drive rapid growth of demand for batteries across sectors. Battery uptake is expanding around the world amid falling costs Global lithium-ion battery deployment in 2025 was six times as high as in 2020. Electric vehicles remain the dominant driver of demand, with global sales reaching a new record and accounting for one-in-four cars sold globally. Electric vehicles account for more than 70% of total lithium-ion battery deployment. This is followed by battery energy storage at over 15%, reflecting the growing role of batteries in providing flexibility in power systems.The situation…
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Diane Cameron
Head of the Nuclear Technology Development and Economics Division, Nuclear Energy Agency. Diane Cameron is Head of the Nuclear Technology Development and Economics Division at the OECD Nuclear Energy Agency (NEA). In her role at the NEA, she leads an expert team of economists and scientists that supports energy policy and nuclear energy policy development among NEA Member Countries by advancing evidence-based, authoritative assessments and analyses in the areas of nuclear economics, financing, and cost reduction, as well as nuclear technology, innovation, and the fuel cycle.
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Oil Market Report - August 2025
…By early August, however, prices tumbled by $3/bbl to $67/bbl after OPEC+ announced plans to fully unwind its 2.2 mb/d voluntary output cuts by September. Beneath the calm Oil prices have been caught in the crosshairs of fast-changing market dynamics. While new sanctions on Russia and Iran threaten to impact trade flows, weaker economic growth is poised to temper demand. Volatility in oil markets slumped to near all-time lows in July as Brent crude oil futures hovered around $70/bbl. However, the early August OPEC+ supply agreement and the prospects for untenable stock builds…
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Mark Phillips
Prime Minister.
