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Global gas pipeline expansion creates $485.8 bn stranded asset risk: Survey

A massive expansion of the global gas pipeline network threatens climate goals and creates a $485.8 billion stranded asset risk, according to a new survey by Global Energy Monitor (GEM).

Global gas pipeline expansion creates $485.8 bn stranded asset risk: Survey
Updated On : 23 Feb 2022 | 12:16 PM IST

Oil prices inch toward $100 a barrel as IEA revises demand outlook

The IEA on Friday revised up its baseline estimate of global demand by nearly 800,000 barrels per day (bpd), just under 1% of the 100 million bpd global oil market

Oil prices inch toward $100 a barrel as IEA revises demand outlook
Updated On : 15 Feb 2022 | 12:34 PM IST

IEA says Canada can be key global oil supplier if emissions promises kept

Prime Minister Justin Trudeau's Liberal government has pledged to cut carbon output 40% to 45% below 2005 levels by 2030.

IEA says Canada can be key global oil supplier if emissions promises kept
Updated On : 14 Jan 2022 | 8:16 AM IST

World coal power demand to hit new high after China, India, US surge: IEA

Rising consumption in China, India and the United States could bring global coal-fired power demand to a new all-time high this year, the International Energy Agency (IEA) said on Friday.

World coal power demand to hit new high after China, India, US surge: IEA
Updated On : 17 Dec 2021 | 12:00 PM IST

How Joe Biden's overture to Asian oil consumers serves warning to OPEC+

For weeks, the White House and administration officials had urged the OPEC and its allies including Russia to accelerate production increases to satisfy demand

How Joe Biden's overture to Asian oil consumers serves warning to OPEC+
Updated On : 19 Nov 2021 | 7:21 AM IST

Explainer: What is the SPR, the emergency oil stash Joe Biden may tap?

Such a move may not have a long-term impact on dampening U.S. oil prices that hit a seven-year high above $85 a barrel in late October, analysts say

Explainer: What is the SPR, the emergency oil stash Joe Biden may tap?
Updated On : 18 Nov 2021 | 7:56 AM IST

Clean energy accounts for just 3% of post-pandemic recovery: IEA Update

Governments increased the amount of their economic recovery spending by 20% directed towards clean energy investments in the past 3 months, new estimates from IEA's Sustainable Recovery Tracker show.

Clean energy accounts for just 3% of post-pandemic recovery: IEA Update
Updated On : 28 Oct 2021 | 1:24 PM IST

Energy crisis threatens global economic recovery, says IEA

Oil and natural gas prices have soared to multi-year highs recently, sending power prices surging to record levels as widespread energy shortages engulf Asia and Europe

Energy crisis threatens global economic recovery, says IEA
Updated On : 15 Oct 2021 | 11:06 AM IST

Oil holds above $80 as IEA warns of volatility, higher prices

Crude has surged this year as a rebound in activity from the pandemic has boosted consumption, depleting inventories

Oil holds above $80 as IEA warns of volatility, higher prices
Updated On : 13 Oct 2021 | 2:23 PM IST

$4 trn required in clean energy investment to limit global warming: IEA

An almost $4 trillion investment into clean energy is required to meet the Paris Agreement pledge to limit the global temperature increase to 1.5 degrees Celsius, IEA said

$4 trn required in clean energy investment to limit global warming: IEA
Updated On : 13 Oct 2021 | 11:09 AM IST

IEA says Russia could do more to boost Europe's gas supply

More could be done to fill storage sites ahead of winter heating season, says energy body

IEA says Russia could do more to boost Europe's gas supply
Updated On : 21 Sep 2021 | 8:09 PM IST

Vaccines set to unleash pent-up oil demand; expect big jump in Oct: IEA

Brent crude rallies above $74 as Storm Nicholas hits US Gulf Coast

Vaccines set to unleash pent-up oil demand; expect big jump in Oct: IEA
Updated On : 14 Sep 2021 | 11:27 PM IST

IEA cuts oil demand outlook on coronavirus, sees surplus in 2022

It's a marked reversal for the Paris-based agency, which just a month ago was urging the Opec+ alliance to open the taps or risk a damaging spike in prices

IEA cuts oil demand outlook on coronavirus, sees surplus in 2022
Updated On : 13 Aug 2021 | 1:42 AM IST

Oil prices slip as IEA warns of slowdown in global demand recovery

Oil prices declined on Thursday after the International Energy Agency said the spread of the Delta variant of the coronavirus would slow the recovery of global oil demand

Oil prices slip as IEA warns of slowdown in global demand recovery
Updated On : 12 Aug 2021 | 7:53 PM IST

India to see huge global capital flows in clean energy: IEA Exec Director

In a Q&A, Fatih Birol dwells on India's future in renewables, Reliance's aggressive green energy foray and how advanced countries should support the emerging world in its net-zero emission drive

India to see huge global capital flows in clean energy: IEA Exec Director
Updated On : 30 Jul 2021 | 12:05 AM IST

Pandemic recovery to push greenhouse emissions to all-time high: IEA

The energy watchdog said the figure represented around a third of what it envisioned was needed in order to put the world on course to reach net zero emissions by mid-century.

Pandemic recovery to push greenhouse emissions to all-time high: IEA
Updated On : 20 Jul 2021 | 8:26 PM IST

OPEC+ impasse risks price war as demand surges for oil, says IEA

The IEA said market volatility stoked by the impasse served neither producers nor consumers and that while higher fuel prices could provide an impetus to developing more renewable energy

OPEC+ impasse risks price war as demand surges for oil, says IEA
Updated On : 13 Jul 2021 | 4:20 PM IST

Stop developing new oil, gas, coalfields to avert climate crisis, says IEA

Within three decades, the role of fossil fuels should reverse entirely -- from 80% of global energy needs today to barely a fifth by mid-century.

Stop developing new oil, gas, coalfields to avert climate crisis, says IEA
Updated On : 19 May 2021 | 1:19 AM IST

Global CO2 emissions set for second-biggest spike in history: IEA

Global energy-related CO2 emissions are on course to surge by 1.5 billion tonnes in 2021,the second-largest increase in history

Global CO2 emissions set for second-biggest spike in history: IEA
Updated On : 20 Apr 2021 | 12:15 PM IST

Oil prices register one-month highs as IEA and OPEC raise forecasts

Global oil demand and supply are set to be rebalanced in the second half of this year

Oil prices register one-month highs as IEA and OPEC raise forecasts
Updated On : 15 Apr 2021 | 2:05 PM IST