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Oil Price
Election Euphoria Ends For Oil Prices
The International Energy Agency (IEA) expects there to be an oil surplus of more than 1.0 million bbl next year based upon a continuing decline in demand center…
LNG
IEA Says Global Oil Market Faces a Million-Barrel Glut Next Year
Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, cushioning prices against turmoil in the…
COP29
IEA at COP29: High-Level Roundtable on Energy: Advancing Climate Mitigation Action
The COP29 Presidency and International Energy Agency (IEA) are convening the final in a series of high-level energy transition dialogues to support the COP29 cl…
Battery
USGS Finds Enough Lithium To Meet Annual Demand Nine Times Over
The United States Geological Survey (USGS) and the Arkansas Department of Energy and Environment's Office of the State Geologist have discovered a vast lith…
Solar project
Clean Energy to Become Largest Source of Power in Mid-2030s, Says Iea
Clean-energy sources are set to grow at a faster pace than global energy demand by the end of the decade, becoming the largest source of energy in the mid-2030s…
Renewable Energy
World Will Miss Target of Tripling Renewable Electricity Generation by 2030 – Iea
Solar panels in a field in West Sussex, UK. Solar power makes up about half of the capacity governments are planning to install, according to the International …
Hydrogen Project
Hysata's $111M Boost to Scale up Hydrogen Production as Industry Gains Strength
Green hydrogen is a critical source of fuel for decarbonising heavy industry metals and according to Federal energy minister Chris Bowen, is a vital part of Aus…
Energy Storage Project
Tumble in Storage Battery Costs to Boost Shift to Renewables, Says IEA
The International Energy Agency chief Fatih Birol poses during an interview with Reuters in Paris, France, December 15, 2023. REUTERS/Sarah Meyssonnier/File Pho…
Oil & Gas Trade
IEA Lowers Global Oil Demand Forecasts on Weak OECD Consumption
The IEA's forecast on Friday stands in stark contrast to Opec's outlook released on Thursday. ReutersThe International Energy Agency has revised down it…
Oil & Gas Supply
IEA Sees Relatively Well Supplied Oil Market in 2024
A view of the logo of the International Energy Agency in Paris, France, December 15, 2023. REUTERS/Sarah Meyssonnier/File Photo Purchase Licensing RightsThe glo…
Carbon Emissions
Global Energy-Related CO2 Emissions Hit Record High in 2023 - IEA
Global energy-related emissions of carbon dioxide (CO2) hit a record high last year, driven partly by increased fossil fuel use in countries where droughts hamp…
Power Construction
India Only Market With No Substantial Decline in Electricity Prices in 2023
India, which witnessed a seven per cent Y-o-Y growth in power demand in 2023, was the only market that did not see any substantial decline in wholesale electric…
Coal Production
King Coal Set to Lose Crown for Electricity Production: IEA
Renewables are set to displace coal as the top source of energy for electricity production globally in 2025, the International Energy Agency said Wednesday.In i…
Renewable Energy
IEA: Renewable Energy Growth Must Accelerate to Reach 2030 Goal
Global renewable energy capacity is expected to grow by two and a half times by 2030 but governments need to go further to achieve a goal of tripling it by then…
Renewable Energy
IEA Working to Cut Renewable Energy Costs in Developing World
A view of the logo of the International Energy Agency in Paris, France, December 15, 2023. REUTERS/Sarah Meyssonnier/File Photo Acquire Licensing RightsThe Inte…
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