Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
An all-energy stance
A balanced approach—combining hydrocarbons, renewables and emerging clean technologies—is essential for both energy security and sustainability
A disorderly transition
Last year was one of records for renewables but also for oil, gas and coal, as the energy transition progresses in an increasingly uneven way, according to the Energy Institute’s latest annual report
Turkey aims to reduce dependence on energy imports
Country is boosting domestic energy production while targeting development of oil and gas reserves in Africa and Asia
Redraw the transportation roadmap now
A timebomb in copper mining should prompt policymakers to rethink road transport before battery-electric vehicles go down a dangerous dead end
India welcomes more US oil and gas
Refiners in India are expected to take greater volumes of US oil in the short term at the expense of Russia
Letter from India: Fast-tracking a global all-energy approach
The thrum of the government’s comprehensive energy internationalism could be seen in the flurry of deals and partnerships at India Energy Week amid a mission to meet the economy’s insatiable appetite
Outlook 2025: Why oil and gas must play a central role in the lower-carbon transition
The climate narrative has centred on phasing out fossil fuels in favour of renewables and novel solutions, but increasingly, policymakers are realising the importance of hydrocarbons as an enabler of the transition
Letter from Abu Dhabi: AI and the new energy guzzlers
The energy sector will need all viable technologies to meet surging demand as AI and datacentres drain power grids
Oil stocks have become truly strategic
Strategic stock releases designed to alleviate price shocks emanating from disruptions came into their own after the Russia crisis
Chinese oil demand growth poised to slow
Demand prospects are limited by decelerating economic expansion following the post-pandemic rebound
An EV charging station in Shanghai
Supply and demand
Joseph Murphy
26 June 2025
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

A disorderly transition

Last year was one of records for renewables but also for oil, gas and coal, as the energy transition progresses in an increasingly uneven way, according to the Energy Institute’s latest annual report

The energy transition is advancing but in an increasingly disorderly and uneven way, Nick Wayth, CEO of the Energy Institute (EI), said while presenting the key findings of the 2025 Statistical Review of World Energy. Last year was a year of records. Not only record energy supply, which rose by 2%, to 592EJ, but also record supply of renewables as well as gas, oil, coal and nuclear. Renewables output increased by 14% versus 2023, outpacing all other segments and supplying 17.3% of total electricity. When including hydroelectricity, which saw a 4.2% increase, renewables accounted for close to a third of total power supply. Among the fossil fuels, gas saw the most growth, with consumption up 2

Also in this section
The 25th WPC Energy Congress: Executive and Technical Programme Overview
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
Local roots, global impact: Siemens Energy’s role in Saudi Arabia
17 February 2026
Siemens Energy has been active in the Kingdom for nearly a century, evolving over that time from a project-based foreign supplier to a locally operating multi-national company with its own domestic supply chain and workforce
Eni: Charting a distinct strategy in LNG and beyond
17 February 2026
Eni’s chief operating officer for global natural resources, Guido Brusco, takes stock of the company’s key achievements over the past year, and what differentiates its strategy from those of its peers in the LNG sector and beyond
A transitional year for gas markets in Europe and beyond
16 February 2026
As the third wave of global LNG arrives, Wood Mackenzie’s director for Europe gas and LNG, Tom Marzec-Manser, discusses with Petroleum Economist the outlook for Europe’s gas market in 2026

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search