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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
Crude Oil
Global Oil Supply Set to Outpace Demand Amid Higher Production, IEA Says
The surge in new Covid cases is expected to 'temporarily slow' but not upend the recovery in demand
Hydrogen Project
IEA: 'The Relative Lack of Demand for Green Hydrogen Makes Sector's Progress Uncertain'
The fact that H2 produced from fossil fuels is generally cheaper than renewable hydrogen — and that few buyers have been lined up to purchase the greener fuel …
Nuclear Decommissioning
France May Need to Postpone Reactor Closures, Says IEA
The French government will need to take important decisions to ensure the country gets on track to meet its 2050 net-zero emissions goal, particularly in terms …
Electricity Reform
France Needs to Reform Its Power Market: IEA
France could "progress faster" in its energy transition and should carry out power market reforms to foster competition and improve system flexibility.
Pakistan
IEA Launches Hydropower Trading Roadmap for Tajikistan
The International Energy Agency has released a new roadmap that examines ways Tajikistan could maximise the potential value of its surplus hydropower through cr…
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