Browsing: IEA

The International Energy Agency has kept its global oil demand growth forecast for 2024 unchanged at 970,000 barrels per day

RIYADH: Investor confidence in UAE’s energy startups surged as they secured $30 million in the first half of 2024, surpassing the $24 million raised throughout 2023, an analysis showed.

RIYADH: Global battery production must be scaled up to meet the climate security goals set at COP28, according to the International Energy Agency.

An expected sharp fall in battery costs for energy storage in coming years will accelerate the shift to renewable energy from fossil fuels, the International Energy Agency (IEA) said on Thursday.

LONDON: Global oil demand growth is losing momentum, the International Energy Agency said on Thursday as it trimmed its 2024 growth forecast in sharp contrast with projections by the Organization of the Petroleum Exporting Countries.

“It is ironic that the IEA, an agency that has repeatedly shifted its narratives and forecasts on a regular basis…

Europe may have done a good job in reducing its dependency on Russian oil and gas and mitigating an energy…

Europe may have done a good job in reducing its dependency on Russian oil and gas and mitigating an energy…

Almost 80% of crude has been rerouted from the EU to India and China, the agency reports Russian oil exports…

The International Energy Agency highlights that Russian exports increased by 50,000 barrels per day to 8.3 million bpd last month.…