Global Energy Policy Developments - Q1 2025
Summary
The global energy policy landscape in late 2024 and Q1 2025 is dominated by the actions of - and reactions to - the new U.S. President Donald Trump’s revolution of the domestic and international energy and economic landscape. The policy developments include dismantling of permitting and regulation frameworks, energy transition subsidies, sanctions and tariffs. The responses from allies and foes vary. Antagonized allies, in Canada and the EU, have begun to re-think projects, suppliers and alliances. Foes have sought to overcome sanctions and trade barriers. Meanwhile, individual countries scramble to balance the economic rents of fossil fuels, energy security, and renewable energy goals.
Scope
- Review of latest energy policy developments by region
- Global analysis of energy developments
- Assesment of relevant electoral events and outlook
- Get an executive view of regulatory, policy and geopolitical trends in Energy.
- Stay up to date with the latest developments in energy policy, affecting Oil & Gas and Renewables.
- Assess the electoral outlook of countries.
- Executive Insights
- Major electoral events (2024 – Q2 2025)
- Energy Policy Developments by Region
- North America
- Biden’s Offshore Drilling Ban Sparks Industry Backlash, Legal Challenge
- Trump Moves Aggressively to Expand U.S. Energy Production, Rolls Back Key Restrictions
- New US sanctions, CNOOC divests, tariffs to affect drillers, and Paris agreement exit alarms
- Canada’s Oil and Gas policy stance under external and internal pressure
- Europe
- Ukraine gas transit stops, European countries prepare for shortages, Nordstream 2 re-considered
- Norway’s links to European power market cause price hikes, despite ample fossil fuel production
- European countries prepare for impact of sanctions on energy markets and rocky geopolitics
- UK’s 2024 Budget & Finance Bill, scrutiny on Energy mergers, uncertainty over decommissioning and increased sanctions on Russian majors
- Former Soviet Union (FSU)
- Russia's pushes through strategic alternatives despite sanctions
- Remaining Russian gas exports to Europe disrupted
- Latin America & Caribbean
- Argentina to unleash fossil fuel exports with investment incentives framework, secures off-takers
- Brazil’s Energy Policy body announces sweeping reforms to boost fossil fuels and renewables.
- Energy Security concerns rise in Colombia as rushed fossil fuel phase-out faces challenges.
- Mexico's Constitutional reform to redefine PEMEX's strategic role in national energy sector
- Middle East
- Cyprus and Egypt reach agreement for processing of gas meant for Europe
- Saudi Arabia allocates $100 billion for renewable energy, no plans for upstream slow-down
- Iran seeks Russian gas supply, aims to recover stranded oil in Chinese ports
- ADNOC Gas signs strategic LNG supply deal with Japan's JERA and India’s ONGC, leads GCC in renewable plans
- Africa
- Nigeria, Angola, and Libya Push for Investment and Regulatory Reforms in Oil Sector
- South Africa’s controversial turn to nuclear, Mozambique projects face security threats
- US Foreign Aid Cuts Threaten Africa’s Energy Development and Geopolitical Alliances
- Asia-Pacific
- China Expands Russian Oil Imports, Enforces Emissions Control and Port Bans
- Vietnam and Malaysia Adjust Energy Strategies Amid Challenges
- Japan Sets 2040 Climate and Energy Goals
- India Expands U.S. Energy Deals, Faces Sanctions Risks on Russian Oil
- About GlobalData
- Methodology
- Coverage
- Secondary research
- Contact us
- List of Tables
- Table 1: Major Global Oil and Gas Deals
Research Assistance
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook