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IEA

Beginning of the end’ of fossil fuel era approaching
Climate Change

‘Beginning of the end’ of fossil fuel era approaching, says IEA

September 13, 2023 Allen Santos

The world’s demand for oil, gas and coal will begin to decline this decade in “the beginning of the end” of the fossil fuel era, according to the global energy watchdog. The International Energy Agency (IEA) has […]

Offshore
Crude Oil News

IEA September Oil Market Report – As featured on the ENB Daily Show

September 13, 2023 Allen Santos

World oil demand remains on track to grow by 2.2 mb/d in 2023 to 101.8 mb/d, led by resurgent Chinese consumption, jet fuel and petrochemical feedstocks. In 2024, naphtha and LPG/ethane, especially in China, will […]

Climate Crisis

Billions pledged for green energy as Africa climate talks enter second day

September 5, 2023 Mariel Alumit

The United Arab Emirates has pledged $4.5bn in clean energy investments in Africa at a landmark climate summit aimed at showcasing the continent’s potential as a green powerhouse. Kenyan President William Ruto has sought to […]

coal
Climate Change

Global coal demand set to remain at record levels in 2023

July 27, 2023 Mariel Alumit

Continued strong growth in Asian economies offsets declines in Europe and North America, highlighting need for stronger policies and investments to accelerate growth of clean energy Global coal consumption climbed to a new all-time high […]

Europe
Energy Crisis

Europe’s Energy Crisis Isn’t Over, IEA Warns

July 20, 2023 Mariel Alumit

IEA: EU gas markets set for new period of volatility. Europe is now relying much on LNG imports, and a cold winter would relaunch the race with Asia to attract cargoes. Europe’s single biggest gas […]

energy
Exports

IEA: Ensuring gas supply security and decarbonisation high on global energy market’s agenda

July 19, 2023 Mariel Alumit

In the aftermath of the Ukraine crisis, the global energy crisis took the world by storm last year, reshaping the structure of natural gas markets and leaving profound implications in its wake for policymakers and […]

Oil
Crude Oil News

Global Oil Demand to Reach Record High in 2023: IEA

July 18, 2023 Mariel Alumit

Global oil demand will increase by 2.2 million barrels per day (MMbpd) to reach a record high of 102.1 MMbpd in 2023, the International Energy Agency (IEA) said in its latest oil market report (OMR). […]

Climate Crisis

IEA’s Net Zero Dream Was Just Debunked As A Nightmare

July 1, 2023 Allen Santos

Authored by Daniel Turner via RealClear Wire, First they came for the cars. Then the gas stoves. Next was meat and dairy products. The latest on the chopping block? Wood-fired pizza. These types of tactics […]

Fossil fuel
Big Oil Companies

Fossil fuel giants flip the script, declare Natural Gas ‘fuel of the future’

June 26, 2023 Mariel Alumit

In a surprising shift within the energy industry, major fossil fuel players are boldly asserting that natural gas will play a pivotal role in the transition to a greener future, Bloomberg reported. Industry leaders such […]

energy
Big Oil Companies

This Warning Could Mean Big Trouble Is Ahead for Oil Stocks by 2030 – Or Not, What do you think?

June 25, 2023 Allen Santos

The International Energy Agency (IEA) recently published its medium-term outlook for the oil market. On the one hand, the IEA expects oil demand to continue rising over the next five years. However, it sees demand […]

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Energy Storage

Westinghouse Long Duration Energy Storage Solution Selected for Department of Energy Program in Alaska

September 25, 2023

Cranberry Township, PA, Sept. 22, 2023 – Westinghouse Electric Company announced today the Department of Energy has selected its project to deploy a 1.2 GWh utility-scale long-duration energy storage system in Healy, Alaska in support of planned wind […]

Abilene
Energy Storage

Abilene Christian University Taking Lead in Molten Salt Nuclear Reactor Research

September 25, 2023

One of the nation’s smaller private universities, situated in a former hub city for cattle drives in northern Texas way more than a century ago, is building itself into a key center for advanced nuclear […]

EV
Electric Vehicles

Values Of Used EVs Plummet, As Dealers Stuck With Unsold Cars

September 25, 2023

Research by online motor marketplace, AutoTrader, revealed the average price for a used EV has dropped by 21.4 per cent this month, compared to a year ago. Marc Palmer, the head of strategy and insights […]

Wyoming
ESG

Wyoming Conservationists Worry Fed Rule Will Let Turbines Kill More Eagles

September 25, 2023

A proposed rule by the U.S. Fish and Wildlife Service is designed to streamline the permitting process that wind developers go through for eagle “takes,” which refers to killing or seriously disrupting the lives of […]

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