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Latest Articles in international energy agency
IEA Sees Global Renewable Capacities To Double In Next Five Years
The report said that growth in renewables is being driven by the United States, China, and India because of their policies and market reforms and energy security concerns driven by war in Ukraine
Read MoreIndia’s Imports Of Natural Gas, Oil To Zoom by 2030: IEA Report
The latest energy outlook stated that demand for natural gas in the country would nearly double to 115 billion cubic meters (bcm) in 2030 from 66 bcm in 2021, with most of the growth coming from manufacturing and other industry
Read MoreWorld Is In Middle Of "First Truly Global Energy Crisis", Says IEA Chief
Speaking at the Singapore International Energy Week, Birol said that rising LNG imports to Europe amid the Ukraine crisis and a potential rebound in Chinese appetite for the fuel would tighten the market
Read MoreOPEC+ Oil Supply Cut Could Push World Into Recession, Says IEA
It revised the global oil growth demand forecast underpinned by further downgrades to global GDP growth expectations from major institutions
Read MoreGlobal Coal Demand To Match Record High This Year, IEA Says
In a coal market update report, the IEA said global coal consumption is forecast to rise by 0.7 per cent in 2022 to 8 billion tonnes, assuming the Chinese economy recovers as expected in the second half of the year
Read MoreIEA Chief Says Price Cap On Russian Oil Should Include Refined Products
The Group of Seven rich nations are considering imposing a price cap on Russian oil in an effort to keep oil flowing and curb inflation, while still limiting revenue to Moscow for the war on Ukraine that it calls a "special military operation"
Read MoreIEA May Release More Oil If Needed: Executive Director
In two recent moves the IEA released only 9 per cent of what it has in stock
Read MoreRussia Oil Supply Drop To Double In May: IEA
Still, lower demand amid a COVID-19 surge in China, output increases from OPEC+ producers and beyond along with the largest ever draw on emergency oil storage by the United States and its IEA member allies ought to prevent any sharp deficit, it said
Read MorePetroleum Minister refutes reports of stopping subsidy on LPG cylinders
Petroleum Minister refutes reports of stopping subsidy on LPG cylinders
Read MoreIndia inks strategic partnership agreement with IEA
India inks strategic partnership agreement with IEA
Read MoreIndia is the only G20 country to be '2 degree' compliant: Prakash Javadekar
India is the only G20 country to be '2 degree' compliant: Prakash Javadekar
Read MoreSolar The New 'King Of Electricity' As Renewables Make Up Bigger Slice Of Supply - IEA
Power generation from renewables is the only major source of energy that continued to grow in 2020, the Paris-based agency added.
Read MoreOil Falls As Spectre Of China Virus Looms Over Fuel Demand
Brent crude futures were down $1.59, or 2.5%, at $61.62 a barrel by 1426 GMT, having touched their lowest since Dec. 4. They lost 2.1% in the previous session.
Read MoreOil Market To Remain Oversupplied Despite OPEC+ Pact, Says IEA
The Organization of the Petroleum Exporting Countries and other producers including Russia agreed last week to rein in output by an extra 500,000 BPD in the first quarter of 2020 to balance the market and buoy prices, but they stopped short of pledging action beyond March.
Read MoreOil Slips As US-China Trade Deal Hopes Dwindle
A forecast by the International Energy Agency for slower global oil demand growth post-2025 also weighed on the market.
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