International Energy Agency News

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Carbon emissions rebound, worrying International Energy Agency

Energy related emissions increased across countries in December, last year, as compared to 2019 due to economic recovery and lack of clear policies.

2 min read2 Mar 2021
Industry

IEA promises to use emergency stocks to cover supply disruptions

IEA is closely monitoring the Strait of Hormuz situationThis comes in the backdrop of India, the world's third-largest oil importer trying to buffer its consumers from any spike in global prices

3 min read23 Jul 2019
Politics

Electrifying the world no panacea for global warming, IEA says

Any reduction in emissions from the likes of electric vehicles will be offset by the increased use of power plants to charge them

3 min read13 Nov 2018
Politics

Global oil demand under growing threat from electric cars, cleaner fuel

Oil demand is not expected to peak before 2040, the Paris-based IEA said in its 2018 World Energy Outlook

2 min read13 Nov 2018
Market

IEA urges Opec to open taps as oil markets enter ‘red zone'

Oil prices have rallied to a four-year-high due to US sanctions on Iran and the Venezuelan crisis, even as Saudi Arabia moved slow on filling any shortfall

2 min read9 Oct 2018
Industry

Electric vehicles on the road are set to triple in two years

The global fleet of electric vehicles (EVs) is likely to more than triple to 13 million by the end of the decade from 3.7 million last year, according to a report

3 min read30 May 2018
Industry

India is now moving to the centre stage of global energy affairs: Fatih Birol

While a steep crude oil price hike poses a risk to Indian economy, it doesn't bode well for the producers either, as it will create a space for oil alternatives, says Fatih Birol of International Energy Agency

2 min read12 Apr 2018
Market

IEA's oil forecast puts US in the driver's seat

IEA predicts US shale production will continue to surge, resulting in production from the US touching almost 17 million barrels per day in the next five years, making it the world's largest producer

1 min read7 Mar 2018
Industry

Surge in global oil supply may overtake demand in 2018, energy agency says

International Energy Agency (IEA) raised its forecast for oil demand growth in 2018 to 1.4 million barrels per day, from a previous projection of 1.3 million bpd

2 min read13 Feb 2018
Politics

IEA chief says huge opportunity to export LNG to India, China

IEA chief says there is a huge opportunity for the US to export LNG to India and China in the next five years as they push to replace coal

2 min read17 Jan 2018

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