The world oil market is heading for a sizeable surplus in the new year, the International Energy Agency said on Tuesday as it ...

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 ...

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.

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.

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 ...

Solar power in New Mexico. (2023, December 24). In Wikipedia. https://en.wikipedia.org/wiki/Solar_power_in_New_Mexico With solar leading the way, renewables could ...

Solar power in New Mexico. (2023, December 24). In Wikipedia. https://en.wikipedia.org/wiki/Solar_power_in_New_Mexico A new International Energy Agency (IEA) report ...

“This report shows that the growth of renewables, especially solar, will transform electricity systems across the globe this decade,” IEA Executive Director Fatih Birol said in a statement.

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 ...

The latest economic data suggests at a minimum that economic growth is slowing in the U.S. and a number of other major economies around the world, which has led the IEA to predict that oil demand ...

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 ...