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FATIH BIROL INTERVIEW
Loss of energy output in Middle East will take about two years to recover, IEA saysEnergy output in the Middle East will take about two years to recover from conflict losses. Fatih Birol, head of the International Energy A...- Europe has 'maybe 6 weeks of jet fuel left', energy agency head warnsEurope faces a critical shortage of jet fuel, with only about six weeks of supply remaining, according to the IEA head. The ongoing Iran wa...
- Current oil and gas crisis worse than 1973, 1979, 2022 together, says IEA chiefThe oil and gas crisis triggered by Iran’s blockade of the Strait of Hormuz is more severe than the crises of 1973, 1979 and 2022 combined,...
- Oil jumps to highest settlement since July 2022 as more Mideast supply disruptedOil prices have surged to their highest in nearly four years. Iraq declared force majeure on oilfields. The U.S. is deploying more troops t...
- IEA announces record release of strategic stocks in response to Iran war oil price surgeThe International Energy Agency has announced its largest-ever oil release of 400 million barrels to combat soaring crude prices, driven by...
- IEA throws weight behind India’s digital energy stackThe International Energy Agency (IEA) has endorsed India’s Digital Energy Stack initiative, aligning it with its global Digital Energy Grid...
- Clean energy investment set to run at double fossil-fuel spendInvestment in clean energy technologies is set to reach $2 trillion this year, doubling fossil fuel spending.
- Gaza has oil markets on edge. That could build more urgency to shift to renewables, IEA head saysTensions in the Middle East, coupled with the energy crisis and geopolitical uncertainties, could accelerate the transition towards renewab...
- Electrical grids aren't keeping up with the green energy push. That could risk climate goalsThe International Energy Agency (IEA) has warned that the slow progress in spending on electrical grids worldwide is hindering the expansio...
- G20 climate statements 'woefully inadequate': UN climate chief Simon StiellThe G20, which accounts for about 85 percent of the world's economy and greenhouse gas emissions, will meet in New Delhi in the absence of ...
- Critical mineral shortages to ease on investment surge, IEA SaysInvestment in the critical minerals industry has increase by 50% in the last two years.
- IEA says critical minerals supply could pull close to demand by 2030Investment in critical minerals production surged 30% in 2021 to $41 billion, followed by a 20% increase in 2022, the International Energy ...
- Oil supply won't be affected by stricter price cap enforcement: IEAThe G7, the European Union and Australia agreed to impose a $60-per-barrel price cap on Russian seaborne crude oil and also set an upper pr...
- India will benefit from oil trade reshuffle: IEA chief Fatih Birol"Europe was the main buyer of the Russian products and now Europe must find a new source of import, and India appears to be a favourable ca...
- Pandemic could delay energy demand recovery to 2025: IEAIEA chief Fatih Birol told Reuters that policy makers were lagging behind: "We are far from reaching our climate goals with the existing po...
- Oil prices to stay around $60 a barrel as there is a huge surplus in market: Fatih Birol, IEAThe Iranian General was killed in Iraq this week but oil prices are still around $60! In the past, if just only of these things had happene...
- Oil prices poised for further hike: International Energy AgencyGlobal oil demand growth is stronger than historical averages, led by China, India among other countries.
- Shale rock gas reserves a 'big deal'New reserves of natural gas found in shale rock are a “big deal” and a “game changer”.
- Oil price hits 76 dollars, highest since OctoberOil prices fell on Thursday after briefly reaching 76 dollars a barrel in London and the highest level this year, as some analysts predicte...
- Oil price hits 10-month highThe price of oil struck a near 10-month high here on Tuesday, helped by a recent weakening of the dollar, but analysts are warning that cru...
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