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Hydrogen Production
How is Green Hydrogen Produced?
The International Energy Agency (IEA) has reported that the world needs to produce approximately 306 million tons of green hydrogen every year if it is going to…
World Needs to Spend an Additional $1.3Bn on Energy by 2030
A new report found that oil and gas need a boost in contrast to previous IEA report which urged governments to stop new fossil fuel plans.
Natural Gas
Natural Gas Demand to Slip in 2022 Amidst Russia-Ukraine Conflict: IEA
The downward forecast is equivalent to 50 billion cubic meters of LNG.
Net Zero Emission
Governments Need a More Strategic Approach to Clean Energy Spend – IEA
Clean energy spend by governments responding to the COVID-19 crisis has risen by 50% over the past five months, mostly in developed nations, according to the In…
Energy Transition
IEA: Africa Faces Major Challenges and Huge Opportunities in Transition to Clean Energy
The clean energy transition is an opportunity for many African countries, but they will need the support of the international community, especially to attract t…
Public Clean Energy Spending Jumps 50% to $710b Since October 2021
Government clean energy spending globally in response to the pandemic surged 50% in the last five months, reaching $710b, according to the International Energy …
Crude Oil
IEA Moving Ahead with Collective Oil Stock Release of 120 Million Barrels
The International Energy Agency (IEA) has confirmed it will release 120 million barrels of oil.
Oil Price
IEA to Release New Emergency Oil Stock to Curb Market Turmoil
The International Energy Agency has said its members have agreed to release more oil from emergency reserves to offset the market turmoil caused by Russia’s wa…
Joe Biden
Japan Will Act Appropriately on Oil Reserves Release
Japan will act appropriately on oil reserves release while closely watching global developments, the industry minister said on Friday, ahead of a meeting by Int…
OPEC
Opec Mulls Removing IEA as a Secondary Source
Opec has removed Paris-based energy watchdog the IEA from the panel of "official" secondary sources that monitor the group's monthly crude production.
South Korea
South Korea to Help Stabilise Energy Market Amidst Russia-Ukraine Conflict
South Korea is committed to helping stabilise the energy market amidst the conflict between Russia and Ukraine, Trade, Industry, Energy Minister Moon Sung-wook …
Will Turning down Europe’s Thermostats Ease the Gas Supply Crisis?
To counter the extremely high gas prices caused by the Russia-Ukraine crisis the IEA has proposed turning thermostats down in households to use less gas.
Energy Transition
Global Leaders Vow to Strengthen Energy Security and Accelerate Clean Energy Transitions
The IEA Ministerial Meeting saw ministers gather from around the world in response to energy security and climate crises.
Oil Price
IEA Ready to Release More Oil to the Market to Cool Prices 'if Needed'
The International Energy Agency said its members are ready to release more oil into the market “if needed” to tackle soaring prices in the wake of Russia's mi…
Net Zero Emission
IEA Receives $22 Million Annual Funding Stream to Expedite Net Zero Roadmaps
The International Energy Agency has received a major funding boost in the form of a €20 million funding stream from member countries, enabling the scale-up of …
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