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Flagship report
Oct 2022
World Energy Outlook 2022 Outlook for liquid fuels
The situation for oil markets today could hardly be more different from what it was in 2020. Two years ago, lockdowns imposed in response to the Covid-19 pandemic caused a huge oversupply of oil, leading prices to collapse to an average of USD 44/barrel. Today, global supply is struggling to keep pace with demand, with many producers bumping up against capacity constraints and Russia’s invasion of Ukraine sharply accentuating market tightness. Prices have soared to an average of USD 105/barrel so far in 2022.Global oil use is subject to sharply conflicting pressures. Some sectors, notably aviation, are…
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Contributor
Dr Sultan Al Jaber
President-Designate for COP28. Dr Sultan Al Jaber is the President-Designate of COP28; the UAE’s Minister for Industry and Advanced Technology and Special Envoy for Climate; Chairman of Masdar; and Group CEO of the Abu Dhabi National Oil Company (ADNOC).
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Fuel report
May 2026
Global Methane Tracker 2026 Understanding methane emissions
Atmospheric methane concentrations continue to rise Methane (CH4) is the second-most harmful greenhouse gas after carbon dioxide (CO2), trapping outgoing heat and warming the atmosphere through a process known as radiative forcing. Though it lingers in the atmosphere for far less time (12 years, compared with centuries for CO2), methane absorbs substantially more energy while it does. Cutting methane emissions therefore promises significant near-term climate benefits. Methane carries other hazards, too: it contributes to the formation of ground-level (tropospheric) ozone, a harmful pollutant, and methane leaks can also pose explosion risks.Atmospheric methane concentrations today are 2…
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Contributor
Andrew O'Callaghan
Senior Policy and Programme Evaluator, Sustainable Energy Authority of Ireland (SEAI). Andrew O’Callaghan is a Senior Policy and Programme Evaluator at the Sustainable Energy Authority of Ireland (SEAI). He works on developing evidence and data models to assess the impact of national retrofit and energy efficiency programmes. Andrew has a background in applied psychology and carbon management, and has previously worked in behavioural economics and energy modelling. His work supports the design of more effective and inclusive policies to advance Ireland’s climate and energy goals.
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Technology report
Nov 2025
What Next for the Global Car Industry Present and future prospects of electric car manufacturing
Highlights New market-entrants focusing on electric car production are expanding rapidly. Pure-play electric car makers, especially those from China and US-based Tesla, are capturing a growing share of sales; some 45% of global electric car sales in 2024 are from pure-play electric car makers, compared to 35% in 2019. The growth in electric car sales affects both car makers and automotive suppliers, especially those producing powertrains and related components. The automotive supplier market is worth about USD 1.3 trillion, equivalent to over 40% of the global car market. For all components except batteries, companies from…