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Can Innovation Diplomacy End the Climate Gamble?

With today’s global challenges urging equally global responses, an overlooked subset of diplomacy emerges as potentially pivotal: innovation diplomacy, a discipline related to the...

Eyeing competitors, OPEC+ countries will keep cutting oil production

Several OPEC+ countries are extending additional voluntary cuts of 2.2 million barrels per day, aimed at supporting what they are labeling "the stability and...

IEA warns transitions bring new risks to energy security

Clean technology and critical mineral supply chains are highly geographically concentrated, the International Energy Agency warned in its World Energy Outlook for 2023 and...

Ahead of COP28, global effort intensifies to scale up clean energy, reduce fossil fuel demand

Momentum behind efforts to build a broad coalition to keep the Paris Agreement goal of limiting global warming to 1.5°C within reach increased at...

Energy crisis prompts SMEs to boost renewables, energy savings

The energy crisis, high prices and threat of supply disruption following Russia’s war against Ukraine has prompted many small and medium-sized enterprises (SMEs) to...

There will be oil: US, IEA counter Putin’s war

The United States and the other 30 member countries of the International Energy Agency agreed on March 1 to release 60 million barrels of...

At UN, EU Commission announces three Energy Compacts

At the UN High-Level Dialogue on Energy this week in New York, EU Commission Executive Vice-President for the European Green Deal Frans Timmermans and...

IEA sets roadmap to net-zero emissions by 2050

Ahead of the UN COP26 climate change convention in Glasgow in November, the International Energy Agency (IEA) said in a special report released on...

IEA: Renewable power capacity added in 2020 rises by 45% to 280 GW

The International Energy Agency said on May 11 renewable sources of electricity such as wind and solar grew at their fastest rate in two...

IEA: Demand for critical minerals is set to soar as the world pursues net zero goals

Demand for critical minerals is set to soar as the world pursues net zero goals, a new report by the International Energy Agency (IEA)...

Global CO2 emissions are set to jump by 1.5 gigatonnes in 2021, IEA warns

Global CO2 emissions are set to jump by 1.5 gigatonnes in 2021 – led by a rebound in coal demand mainly from the power...

EU joins forces with IEA to grow global movement for net-zero emissions

Top international energy and climate leaders from more than 40 countries took part in the International Energy Agency IEA-COP26 Net Zero Summit on March...

IEA: Oil markets uncertain after rebound from historic Covid-19 global demand drop

The International Energy Agency’s new Oil 2021 report shows the COVID-19 pandemic caused a historic drop in global oil demand, but not necessarily a...

IEA to develop roadmap to net-zero emissions by 2050

The International Energy Agency on January 11 announced that it will produce the world’s first comprehensive roadmap for the energy sector to reach net-zero...

Russia, Saudi Arabia eye COVID-19 oil cut to hike prices

Russia and OPEC-kingpin Saudi Arabia are reportedly mulling to delay an increase in oil production in January, maintaining an output cut aimed to raise...

OPEC, IEA underscore importance of oil and gas market stability

International Energy Agency (IEA) Executive Director Fatih Birol and Organization of the Petroleum Exporting Countries (OPEC) Secretary General Mohammad Sanusi Barkindo underscored the importance of...

Playing Russian roulette with the US shale oil industry

The rapid growth of the US shale industry seems to be at the heart of the Saudi-Russia crude oil price war. Already weak from...

After 2 years of growth, global energy-related emissions flatline in 2019

Despite widespread expectations of another increase, global energy-related carbon dioxide emissions stopped growing in 2019, data released by the International Energy Agency (IEA) on...

IEA says oil and gas companies must embrace clean energy

As government and industry leaders gathered during the World Economic Forum’s Annual Meeting in Davos on January 21, the International Energy Agency (IEA) said...

At Davos, IEA says oil and gas companies must embrace clean energy

As government and industry leaders gathered during the World Economic Forum’s Annual Meeting in Davos on January 21, the International Energy Agency (IEA) said...

IEA: Global oil supply tumbles in December

Global oil supply tumbled 780,000 barrels per day in December as biofuels production declined seasonally and Saudi Arabia reduced output, the International Energy Agency...

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