The International Energy Agency (IEA) recommends leaving new oil discoveries in the ground to achieve global climate aims. African and Caribbean nations face pressure to choose between economic development and climate action. Developing countries need […]
(Bloomberg) – The International Energy Agency cut its oil demand forecast for this year and estimated even slower growth in 2025 due to a lackluster economic outlook and the rising popularity of electric vehicles. The […]
Daily Standup Top Stories Mounting Losses Mean Sweden’s Wind Industry Faces Total Financial Collapse March 29, 2024 Stu Turley Notwithstanding €billions in subsidies, Sweden’s embattled wind industry is on the brink of total financial collapse. The […]
Big Oil companies are skeptical of the green transition and believe it is failing. Oil majors continue to heavily favor fossil fuel production despite investments in green energy. There are challenges to achieving a successful […]
As the National Grid nears capacity, and AI is set to consume even more energy, “the time is right to think beyond tomorrow,” John Pettigrew, chief executive of the National Grid, said. Advancing AI and quantum computing, […]
Senior US Republican lawmakers have attacked the International Energy Agency in a strongly worded letter dated March 20 addressed to its executive director Fatih Birol. A copy of the letter signed by Republicans John Barrasso, ranking […]
Daily Standup Top Stories Green-Plating™ the Grid: How Utilities Exploit the “Energy Transition” to Rake In Record Profits March 10, 2024 Stu Turley ENB Pub Note: This article is from the Energy Bad Boys Substack! I […]
Ever since the International Energy Agency switched from a pure-play information provider to an advocate of the energy transition, its forecasts about oil demand have shifted to increasingly reflect this advocacy. This has led to […]
Daily Standup Top Stories OPEC, IEA at most divided on oil demand since at least 2008 March 12, 2024 Mariel Alumit LONDON, March 11 (Reuters) – Producer group OPEC and the International Energy Agency, the world’s […]
LONDON, March 11 (Reuters) – Producer group OPEC and the International Energy Agency, the world’s most closely watched forecasters of oil demand growth, are further apart than they have been for at least 16 years […]
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