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Crude Oil
Japan to Release 7.5 Mil Barrels Oil From Private Reserves in IEA's Joint Efforts
Japan expects to release 7.5 million barrels of oil from privately held reserves.
Nuclear Policy
Reconsider Nuclear Shutdowns to Cut Gas Imports, IEA Tells EU
The IEA has set out a ten-point plan that could enable the European Union to reduce its imports of natural gas from Russia by more than one-third within a year,…
Oil Price
IEA’s Reserves Release Won’t Stop Oil Prices Rising, Says Goldman
The International Energy Agency (IEA)’s decision to release 60 million barrels from emergency oil reserves is not sufficient to meet the supply shortfall cause…
Crude Oil
Ukraine Crisis: IEA Members Vote to Unlock Oil Reserves to Reassure Markets
The 31 countries of the governing board of the International Energy Agency have agreed to release 60 million barrels of oil from their emergency reserves to “s…
Oil Price
Oil Prices Surge More Than 7% to Highest Since 2014
Members of the International Energy Agency (IEA) agreed to release 60 million barrels of crude from their reserves to try to quell the sharp increase in prices …
Carbon Emissions
Energy Sector Methane Emissions 70% Higher than Official Figures -IEA
Emissions of the potent greenhouse gas methane coming from the global energy sector are 70% higher than officially reported, the International Energy Agency (IE…
Natural Gas
GECF participates in 12th IEA-IEF-OPEC Symposium on Energy Outlooks
With the world deeply mired in an uncertain environment, lack of investment in gas will add to the range of uncertainty surrounding the energy transition, said …
Crude Oil
Barclays Raises 2022 Crude Oil Price Forecasts on Higher IEA Demand View
Barclays raised its crude oil price forecasts for 2022 on Monday, driven by a revision to demand estimates by the International Energy Agency (IEA) last week.
Oil Price
Opec+ Supply Shortfall Could Push Oil Prices Higher, IEA Says
An oil supply shortfall from Opec+ group of countries may lead to a tighter market and push prices higher, according to the International Energy Agency.
Nuclear Reactor
IEA Report on Canada Welcomes SMR Developments
Launching the report on 13 January, IEA Executive Director Fatih Birol said: “Canada has shown impressive leadership, both at home and abroad, on clean and equ…
Oil Refinery
IEA Revises up 2022 Global Refinery Runs Forecast
The IEA has revised up its 2022 forecast for global refinery runs to within 400,000 b/d of pre-Covid levels.
Market Analysis
Renewable Energy to Meet Over 70 per cent of China’s Additional Power Needs in Next Three Years, Says IEA
Even as state subsidies are being phased out, the rapid growth of onshore wind and solar farm installations is expected to continue
Crude Oil
IEA Says Oil Demand more Resilient than Expected in the Face of Omicron
Global oil demand has proven stronger than expected as the latest coronavirus variant inflicts a softer hit to the economy than anticipated.
Net Zero Emission
IEA Warns Coal Rebound Threatens Net Zero
Global power generation from fossil fuel is to hit all-time high of 10,350 terawatt-hours for 2021
Coal Production
World Coal Power Demand to Reach New High on Demand Surge from US, China and India
Increase, however, was a 'worrying sign of how far off track the world is in its efforts to put emissions into decline towards net zero', says IEA chief
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