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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.
The oil market faces a sizeable surplus next year amid ample supply and slowing demand growth, the International Energy Agency (IEA) said on Tuesday as it further lowered its demand growth ...
But the IEA, which manages industrialised countries' emergency oil stocks, said public stocks were more than 1.2 billion barrels and spare capacity in OPEC+, which comprises the Organization of the ...
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 ...
IEA Executive Director Fatih Birol (centre) announces the release of its latest World Energy Outlook together with lead authors Tim Gould (left) and Laura Cozzi (right) (Image: Screengrab from online ...
Global energy goals can be met, provided governments press ahead with major investment in grids, focus on energy efficiency, and deliver ambitious national climate plans Tripling renewable energy ...
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 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 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 ...
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 ...
The IEA report suggests that the renewable energy goal “is within reach thanks to favourable economics, ample manufacturing potential and strong policies” but adds that more renewable capacity ...