The International Energy Agency (IEA) expects an oil and gas supply glut over the second half of the decade will push prices lower, tempering the risks stemming from continued geopolitical tensions.
Between 2025 and 2030, the supply of oil and gas is expected to increase barring a significant escalation in conflicts in Ukraine or the Middle East, IEA said in the report. Energy supply and ...
In its latest assessment, the IEA believes growth would be below 1 million bpd this year. The chasm between the two forecasting bodies has widened so much in the past two years that they now hold ...
The International Energy Agency trimmed its forecast for this year’s oil-demand growth for the third month in a row, as a rapid slowdown in Chinese consumption weighs on the global outlook. The ...
As a result, natural gas demand is set to reach a new record-high of 4,200 bcm in 2024, mostly thanks to growth in the Asia Pacific region, the IEA said in its annual Global Gas Security Review.
By Mekado Murphy ‘Transformers One’ | Anatomy of a Scene The director Josh Cooley narrates a sequence from his film. By Mekado Murphy ‘Deadpool & Wolverine’ | Anatomy of a Scene The ...
The world is rapidly transitioning to an electric energy system, driven by a growing reliance on clean sources, according to an annual report from the International Energy Agency (IEA) on Wednesday.
The IEA said the renewable energy goal "is within reach thanks to favourable economics, ample manufacturing potential and strong policies," but said more renewable capacity by itself would not ...
In the report, the IEA said the 200 nations that participated in the Dubai summit could achieve its commitments, which include net zero emissions by 2030 as well as tripling renewables.
The International Energy Agency (IEA) released its roadmap today for how countries can make it happen. It’s still a tough climb ahead with a hell of a lot new infrastructure needed. But falling ...
Researchers at the IEA, an organisation dedicated to ensuring energy security, said a combination of rising incomes in the developing world and higher temperatures from climate change meant that ...