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International Energy Agency News

Global oil demand to rise with resurgent Chinese demand: IEAInternational Energy Agency expects that Chinese oil demand will see largest relative in-year increase since 201015 March 2023 Wednesday 14:08

Gas markets remain tight due to China's uncertain LNG demand and further Russian supply cutsChina's demand growth could spark fierce competition and unsustainable price levels this summer, IEA warns28 February 2023 Tuesday 10:33

Global oil demand to rise with support from China: IEAIEA expects Chinese oil demand to quickly pick up steam, exceeding 2021 levels by end of year15 February 2023 Wednesday 13:18

'It is difficult for Davos to reach joint decision on energy crisis,' says IEA chief BirolWorld has to live with higher energy prices in coming days, says Turkish-born economist Fatih Birol at annual Davos conference20 January 2023 Friday 16:53

Oil down ahead of industry dataOPEC, IEA to release monthly oil reports on Tuesday, Wednesday, respectively16 January 2023 Monday 10:38

Russian oil exports rise to a seven-month high in November: IEAShare of Russian oil exports to EU falls to 28% while India’s share expands to 18%, International Energy Agency says15 December 2022 Thursday 07:43

Supply concerns, lower costs drive unprecedented renewables growthSupply security and economics are more important than climate change in driving forecasted extraordinary renewables growth over next five years: IEA Chief06 December 2022 Tuesday 10:38

Heat pumps will bring energy security and climate benefits: IEAHeat pumps could reduce natural gas demand by nearly 7 billion cubic meters by 2025, roughly equal to natural gas via Trans Adriatic Pipeline in 202130 November 2022 Wednesday 12:43

Global oil supply rises in October: Int. Energy AgencyIEA revises up global demand forecast for 2022 and down for 202315 November 2022 Tuesday 12:28

Oil down over lingering recession fears, strong dollarExpected EU sanctions on Russian oil are also weighing on prices19 September 2022 Monday 11:38

NATO chief, global energy agency head discuss energy securityNATO allies and partners working together to end reliance on Russian energy, says Stoltenberg15 September 2022 Thursday 12:03

Global oil supply rises in August: Int. Energy AgencyRussia’s production in August was 1.2 million barrels per day below quota, its 1st monthly decline since April14 September 2022 Wednesday 13:1

High lithium prices, potential supply disruptions could slow down electric vehicle growthPrice of lithium increases 355% in one year due to high demand from electric vehicle sector13 September 2022 Tuesday 14:03

Russia's natural gas pipeline exports to Europe decline to 40-year lowsCountry's exports decline by almost 50% compared with previous five years12 August 2022 Friday 11:33

High prices and economic weakness set to slow power demand growth: IEARenewable power generation is projected to displace about 1% of fossil fuel-based generation worldwide, new report says20 July 2022 Wednesday 14:43

World in major energy crisis: International Energy Agency headWorld has never faced such a big energy crisis, says Fatih Birol12 July 2022 Tuesday 12:28

8% growth in global energy investment insufficient to tackle energy crisis: IEAGlobal energy investment to grow 8% in 2022 driven by renewables and energy efficiency22 June 2022 Wednesday 15:23

Southeast Asia needs $190B a year by 2030 to meet climate goalsIEA says major efforts required, including from international financing, to boost energy efficiency, renewable power and low emissions fuels17 May 2022 Tuesday 15:28

Renewables set to break new record in 2022 despite supply chain challengesGrowth mainly driven by solar PV in China and Europe despite supply chain challenges, delays and high raw material costs11 May 2022 Wednesday 11:13

Int. Energy Agency revises down oil demand forecast for 2022Surge in COVID-19 cases and severe new lockdowns in China leads to downward revision to global demand in 2Q22 and for year as a whole13 April 2022 Wednesday 12:08

Oil up as Russia-Ukraine crisis outweighs emergency oil releasesInt. Energy Agency’s intervention to decrease prices by tapping emergency oil reserves will fail to change fundamentals in oil market, experts believe08 April 2022 Friday 14:48

Int. Energy Agency confirms 2nd joint oil emergency stock releaseMove comes after decision to release 62.7 million barrels of oil from emergency stocks due to supply constraints from Russia-Ukraine conflict08 April 2022 Friday 14:48

OPEC ends reliance on International Energy Agency dataWood Mackenzie and Rystad Energy to be used as secondary sources with immediate effect01 April 2022 Friday 10:13

Japan to release 7.5M barrels of oil amid Russian-Ukraine warIn bid to help stabilize global oil supplies under int'l efforts, Japan releases 4 days' worth of domestic consumption04 March 2022 Friday 10:28

IEA proposes plan to reduce EU reliance on Russian gas supplies by one thirdKadri Simson, European Commissioner for Energy, says EU Commission is also planning to propose a pathway next week03 March 2022 Thursday 14:58

60M oil barrels to be released from emergency stocks: Int. Energy AgencyIEA members hold emergency stockpiles of 1.5 billion barrels and pledge equivalent of 2 million barrels a day for 30 days01 March 2022 Tuesday 19:48

IEA head urges OPEC+ to narrow gap between actual output and targetsOil markets are suffering from tight supply, as world’s biggest oil producers fail to meet monthly production quotas16 February 2022 Wednesday 14:53

EU banks still providing funds for fossil fuelsHSBC, Barclays and BNP Paribas have provided over $400B to 50 oil companies including ExxonMobil, Saudi Aramco, Shell, BP since 2016, ShareAction says14 February 2022 Monday 14:18

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