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Page 2 - International Energy Agency

World needs extra $1.3 trillion energy investment by 2030: JP Morgan

Investment will need to be inclusive of all fuels, including oil and gas, renewables and nuclear, with oil demand alone expected to grow by around 10% by 2030 and gas by 18%

World needs extra $1.3 trillion energy investment by 2030: JP Morgan
Updated On : 20 Apr 2022 | 7:31 PM IST

Oil prices fall as market weighs mixed supply signals

The International Energy Agency on Wednesday warned that from May onwards roughly 3 million barrels per day of Russian oil could be shut-in due to sanctions or voluntary embargoes

Oil prices fall as market weighs mixed supply signals
Updated On : 14 Apr 2022 | 11:19 PM IST

IEA details plan to release 120 million barrels of oil over six months

Prices hit 14-year highs last month as Western sanctions on Russia disrupted crude and oil product exports from the world's number two crude exporter

IEA details plan to release 120 million barrels of oil over six months
Updated On : 08 Apr 2022 | 4:50 PM IST

IEA to release 120 million oil barrels over next six month period

The International Energy Agency (IEA) on Thursday confirmed member country contributions to the second collective action to release oil stocks in response to Russia's invasion of Ukraine.

IEA to release 120 million oil barrels over next six month period
Updated On : 08 Apr 2022 | 6:31 AM IST

IEA confirms 120 million barrel oil release with United States

More details of specific contributions will be made public soon, IEA Executive Director Fatih Birol tweeted

IEA confirms 120 million barrel oil release with United States
Updated On : 06 Apr 2022 | 11:36 PM IST

Oil benchmarks on course for biggest weekly losses in 2 years

The benchmark Brent and WTI contracts were both on course for their biggest weekly falls in two years at 13% and 12%, respectively

Oil benchmarks on course for biggest weekly losses in 2 years
Updated On : 01 Apr 2022 | 6:44 PM IST

India supports release of oil from reserves to cool prices: Minister

Oil prices plunged on Thursday on news that the United States was considering releasing up to 180 million barrels from its strategic petroleum reserve (SPR)

India supports release of oil from reserves to cool prices: Minister
Updated On : 01 Apr 2022 | 12:52 AM IST

Cutting oil demand likely to hurt Russia but could ease supply crisis

The IEA is also extremely worried about an impending oil supply crisis

Cutting oil demand likely to hurt Russia but could ease supply crisis
Updated On : 21 Mar 2022 | 12:44 AM IST

IEA suggestion for easing Russian oil shock: Restrict people's car usage

President Vladimir Putin's invasion of Ukraine has upended global commodity markets, sending prices soaring and prompting a search for alternative sources of energy

IEA suggestion for easing Russian oil shock: Restrict people's car usage
Updated On : 19 Mar 2022 | 2:45 AM IST

Oil prices headed for weekly loss, but stay well above $100/barrel

Russia said an agreement had yet to be reached after a fourth day of talks with Ukraine during which some signs of progress had emerged earlier in the week

Oil prices headed for weekly loss, but stay well above $100/barrel
Updated On : 18 Mar 2022 | 7:46 PM IST

Oil surges by 4% amid IEA's warnings of supply shortages

The supply loss would be far greater than an expected drop in demand of one million bpd triggered by higher fuel prices, the IEA said in a report on Wednesday

Oil surges by 4% amid IEA's warnings of supply shortages
Updated On : 17 Mar 2022 | 5:48 PM IST

Oil prices climb 3% after IEA warns of 3 mn bpd shortfall in supply

Oil prices climbed about 3% on Thursday after the International Energy Agency (IEA) said markets could lose three million barrels a day (bpd) of Russian crude and refined products from April.

Oil prices climb 3% after IEA warns of 3 mn bpd shortfall in supply
Updated On : 17 Mar 2022 | 2:10 PM IST

Oil price rises after IEA warns of supply shortfall in markets

Oil prices climbed after the International Energy Agency (IEA) said markets could lose three million barrels per day (bpd) of Russian crude and refined products from April.

Oil price rises after IEA warns of supply shortfall in markets
Updated On : 17 Mar 2022 | 12:05 PM IST

Nations agree to release 60 million barrels of oil amid Ukraine crisis

The IEA board made the decision at an extraordinary board meeting of energy ministers chaired by US Energy Secretary Jennifer Granholm

Nations agree to release 60 million barrels of oil amid Ukraine crisis
Updated On : 01 Mar 2022 | 10:55 PM IST

IEA weighing potential oil stocks release after Russia invasion

Crude oil was trading around $104 a barrel on Tuesday as some buyers shunned Russian barrels after Western allies imposed sanctions on Moscow

IEA weighing potential oil stocks release after Russia invasion
Updated On : 01 Mar 2022 | 8:37 PM IST

LNG in post-Covid era: How global demand and supply will shape India market

India has set a target of raising the share of natural gas in its energy basket to 15 per cent by 2030 from the current 6.72 per cent

LNG in post-Covid era: How global demand and supply will shape India market
Updated On : 24 Feb 2022 | 8:59 PM IST

Methane emissions higher than countries claim: International Energy Agency

The International Energy Agency said that emissions of planet-warming methane from oil, gas and coal production are significantly higher than governments claim.

Methane emissions higher than countries claim: International Energy Agency
Updated On : 23 Feb 2022 | 5:30 PM IST

Global gas pipeline expansion creates $485.8 bn stranded asset risk: Survey

A massive expansion of the global gas pipeline network threatens climate goals and creates a $485.8 billion stranded asset risk, according to a new survey by Global Energy Monitor (GEM).

Global gas pipeline expansion creates $485.8 bn stranded asset risk: Survey
Updated On : 23 Feb 2022 | 12:16 PM IST

HSBC sets target of 34% cut to emissions from oil and gas clients by 2030

HSBC aims to cut emissions associated with loans made to its oil and gas clients by 34% by 2030, said bank's sustainability chief.

HSBC sets target of 34% cut to emissions from oil and gas clients by 2030
Updated On : 22 Feb 2022 | 12:32 PM IST

Oil prices rise after International Energy Agency says market tight

Brent crude futures rose 39 cents, or 0.4%, to $91.80 a barrel at 1015 GMT, while U.S. West Texas Intermediate crude gained 45 cents, or 0.5%, to $90.33 a barrel

Oil prices rise after International Energy Agency says market tight
Updated On : 11 Feb 2022 | 4:49 PM IST