IEA

In Europe, electricity generation from wind, solar power exceeded gas or nuclear for the first time

Global energy-related carbon dioxide emissions rose by under one per cent in 2022 -- less than initially feared -- as the growth of solar, wind, EVs, heat pumps and energy efficiency

In a Q&A, the executive director of global agency outlines his plans to discuss with the govt measures to divert critical mineral production and refining

Brent crude futures rose 76 cents, or 0.9%, to $81.44 per barrel by 1144 GMT, while U.S. West Texas Intermediate (WTI) crude futures were up 80 cents at $76.19

Worldwide sales of heat pumps are set to soar to record levels in coming years as the global energy crisis accelerates their adoption, IEA said

A new IEA report says the world must move quickly to reduce carbon dioxide emissions from coal significantly in order to avoid severe impacts from climate change

Global greenhouse emissions will peak in 2025 as the world goes through a "profound reorientation" in terms of energy use, said the World Energy Outlook 2022 report

India is likely to see the world's biggest rise in energy demand this decade, with demand climbing 3 per cent annually due to urbanisation and industrialisation, the International Energy Agency (IEA) said in its World Energy Outlook released on Thursday. While the push for renewable energy will see it meeting as much as 60 per cent of the growth in demand for power, coal will continue to meet a third of overall energy demand by 2030 and another quarter will be met by oil. "India becomes the world's most populous country by 2025 and, combined with the twin forces of urbanisation and industrialisation, this underpins rapid growth in energy demand, which rises by more than 3 per cent per year in the Stated Policies Scenario (STEPS) from 2021 to 2030," IEA said. "It sees the largest increase in energy demand of any country." Even though India continues to make great strides with renewables deployment and efficiency policies, the sheer scale of its development means that the combined ...

Brent crude futures fell 23 cents, or 0.3%, to $92.22 a barrel by 1349 GMT. U.S. West Texas Intermediate crude was down 52 cents, or 0.6%, at $86.75 a barrel

The IEA downgraded its oil demand growth estimates slightly for this year to 1.9 million bpd and by 470,000 bpd in 2023 to 1.7 million bpd

Tightening Russian gas supplies to Europe has led to scramble for tankers before winter sets in

Brent crude futures were down 9 cents, or 0.1%, to $99.51 a barrel 0900 GMT, while U.S. West Texas Intermediate (WTI) crude futures fell 38 cents or 0.4% to $93.96 a barrel.

Oil prices dipped in early trade on Friday amid uncertainty on demand outlook based on contrasting views from OPEC and IEA, but benchmark contracts headed for weekly gains as recession fears eased.

"The world has never witnessed such a major energy crisis in terms of its depth and its complexity," IEA Executive Director Fatih Birol said Tuesday at a global energy forum in Sydney

Across emerging and developing economies, however, the total amount of fiscal resources being dedicated to sustainable recovery measures is one-tenth of the amount in advanced economies

IEA members to release 60 mn barrels over 6 months; US producers added 13 oil rigs in week to April 8

Oil futures edged lower on Wednesday following a surprising rise in US crude stocks and after news that large consuming nations would also release oil from reserves in conjunction with US

The two benchmark contracts were headed for their biggest weekly losses in two years at 14% and 13%, respectively

Consumers are seeking ways to ease the impact of global oil prices, which have soared more than 30% this year.

The Organisation of Petroleum Exporting Countries, and its allies will no longer use oil data from the International Energy Agency to assess compliance with production quotas