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HomeIEA

IEA

Europe faces struggle to escape Russian gas this year
Geopolitical

Analysis: Europe faces struggle to escape Russian gas this year

March 23, 2022 Mariel Alumit

EU wants to reduce Russian gas imports by two thirds this year EU says 50 bcm of Russian gas could be replaced by LNG Filling storage will be difficult without Russian gas EU faces competition […]

Two hydrogen plants expand with new partner
Hydrogen

Two hydrogen plants expand with new partner

March 20, 2022 Stu Turley

ABB has been awarded two major contracts by Plug Power Inc. (PLUG), a leading provider of turnkey solutions for the global green hydrogen economy, to provide the electrical systems for two new hydrogen plants in North […]

Many organizations are calling for a cut in fossil fuel use, actually achieving such an aim is a gargantuan task.
International News

Reduce speed limits and car-free Sundays: The IEA has a 10-point plan to cut oil use

March 18, 2022 Mariel Alumit

Many organizations are calling for a cut in fossil fuel use, actually achieving such an aim is a gargantuan task. “France and all European countries must get out of their dependence on fossil fuels,” Barbara […]

Pump Jack operated by Chevron Corp in California
Geopolitical

Oil market heads for ‘biggest supply crisis in decades’ with Russia’s exports set to fall, IEA says

March 17, 2022 Mariel Alumit

KEY POINTS Three million barrels per day of Russian oil output is at risk as sanctions weigh and buyers shun the nation’s exports, the International Energy Agency said Wednesday. “The prospect of large-scale disruptions to […]

Oil surges 7% amid warnings of Russian supply shortages
Crude Oil News

Oil surges 7% amid warnings of Russian supply shortages

March 17, 2022 Mariel Alumit

LONDON, March 17 – Oil prices climbed over 7% on Thursday after the International Energy Agency (IEA) said three million barrels per day (bpd) of Russian oil and products could be shut in from next […]

Fossil

IEA’s 10-Step Plan For Europe: Diversified Gas Imports And Clean Energy

March 7, 2022 Andy Del Prado

The green energy push in Europe has these days been overshadowed by events in Ukraine but it has not completely left the spotlight. On the contrary, EU officials have been adamant that the transition must […]

IEA Stock Release And Opec+ Modest Increase Fail To Halt Oil/Gas Price Rally
Crude Oil News

IEA Stock Release And Opec+ Modest Increase Fail To Halt Oil/Gas Price Rally

March 3, 2022 Mariel Alumit

This year will mark the 25th anniversary of the St Petersburg International Economic Forum, a gathering that is normally held in a village-like enclosure in this imperial city that is incidentally also the birthplace of […]

IEA - EnergyNewsBeat.com
Crude Oil News

IEA Oil Market Report – February 2022 Report Overview Highlights

February 21, 2022 Stu Turley

Global oil supply rose by 560 kb/d to 98.7 mb/d in January, but the uptrend was slowed by a chronic OPEC+ under-performance versus targets that has taken 300 mb of oil off the market since […]

Crude Oil News

The U.S. Will Be A Net Oil Importer In 2022

February 20, 2022 Stu Turley

Higher net crude oil imports are set to make the United States a net petroleum importer this year again, as in 2021, after a historic shift of being a net petroleum exporter in 2020, the […]

Oil output increasing over next several decades - IEA
Commodities

IEA Boosts 2022 Crude Demand Forecast, Says Consumption Could Reach Record Level

February 20, 2022 Stu Turley

Oil consumption could surge more than previously expected and reach record levels this year, a global energy watchdog said, as restrictions to combat the coronavirus ease faster than anticipated, global economic growth mounts and pent-up […]

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