International Energy Agency

IEA: High prices, uncertainty will slow growth in gas demand 

The revised forecast is mostly due to expectations of slower economic growth rather than buyers switching from gas to coal, oil or renewable energy. 

published on : 5th July 2022

Russian isolation won't spark 'acute' oil supply crunch: IEA

After supply fell by nearly one million barrels per day in April, losses could widen to three million barrels per day in the second half of the year, the agency said.

published on : 12th May 2022

Renewable energy to grow to new record in 2022: IEA

"In the absence of stronger policies, the amount of renewable power capacity added worldwide is expected to plateau in 2023," the IEA said.

published on : 11th May 2022

Warming can be kept just below 2 degrees Celsius if all Paris Agreement pledges are fulfilled: Study

Currently, there’s a huge gap between the rhetoric on tackling climate change and the reality on the ground. 

published on : 14th April 2022

IEA agrees to release reserves as crude oil falls below $100

Brent Crude futures was trading at $99.98 per barrel, down by 1.07% while WTI was trading at $95.61 per barrel, down by 0.44%.

published on : 9th April 2022

Nations agree to release 60 million barrels of oil amid Russia-Ukraine war

The board of the Paris-based IEA made the decision at an extraordinary meeting of energy ministers chaired by US Energy Secretary Jennifer Granholm.

published on : 1st March 2022

Focussed road map, timely interventions necessary to achieve net zero target by 2070: ICRA

ICRA Head (Research and Outreach) Rohit Ahuja said that these sectors together emit 90 per cent of carbon dioxide as per 2019 data of the International Energy Agency.

published on : 5th January 2022

Impact of OPEC oil supply cuts will take time to be felt: IEA

At the end of November, the Organization of Petroleum Exporting Countries agreed to cut output by 1.2 million barrels per day (bpd) from January 1, initially for a period of six months.

published on : 15th March 2017