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HomeIEA

IEA

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 Crisis

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 Mariel Alumit

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 Mariel Alumit

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 […]

ConocoPhillips
Big Oil Companies

Gas Is Here to Stay for Decades, Say Fossil Fuel Heavyweights

June 24, 2023 Mariel Alumit

(Bloomberg) — The biggest fossil fuel players are making the message clear: the transition to a green future will require much more natural gas. From Shell Plc to Chevron Corp., the world’s top producers plan […]

ESG
ESG

ESG’s green promise doesn’t hold up to a forensic deep dive

June 22, 2023 Mariel Alumit

Two years ago, efforts by climate activists and Environmental, Social, and Governance (ESG) investors to block investment in oil and gas production by Western companies appeared to have received a seal of approval from no […]

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