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PARIS BASED IEA
Russia cuts oil output in April, sources sayRussian oil output saw a significant drop in April. Ukrainian drone attacks on key ports and refineries forced Russia to cut production. Th...
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...
Ukraine strikes on Russian oil ports put India’s refining lifeline at risk, IEA warnsUkraine’s drone strikes on key Russian oil ports — Primorsk, Ust-Luga and Novorossiysk — are threatening India’s crude supply chain, with 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...
G7 energy ministers 'ready' to take 'necessary measures' on oil reservesEnergy ministers of the G7 said on Wednesday they "stand ready" to take "all necessary measures" in coordination with the International Ene...
G7 ready to act on oil surge but holds off tapping reservesGlobal oil prices have surged past $119 a barrel due to the U.S.-Israel war on Iran. G7 nations are ready to take action to stabilize the m...
Global coal demand expected to hit record in 2025: IEAGlobal coal use will reach a new peak in 2025. This surge is partly due to policies in the United States supporting the coal industry. Howe...
India begins talks with IEA for full membershipIndia's bid to join the 31-nation International Energy Agency as a full member has commenced discussions with ministers from member countri...
IEA will gain from India's increased involvement: PM ModiPrime Minister Modi mentioned India's commitment to becoming a net-zero economy by 2070 and leading initiatives like the International Sola...
IEA raises oil demand growth forecasts, despite economic gloom aheadAlthough voluntary supply cuts from Saudi Arabia and Russia until the end of the year will keep supply tight, with demand growth still set ...
In U-turn, IEA sees world weathering lost Russian oil supplyThe IEA, after warning on March 16 that 3 million barrels per day (bpd) could be shut in from April, lowered that figure for a second time ...
IEA: 3 mbpd of Russian oil may not reach market from AprilRising commodity prices and sanctions on Russia "are expected to appreciably depress global economic growth" and impact inflation, said the...
Increasing partnership between India & IEA could soon yield full membership: IEA Executive Director Fatih Birol"We hope that after this signing ceremony, the potential pathways to eventual membership will be closely looked into from both sides — New ...
India to top U.S. as 2nd-largest carbon spewer from power: IEACarbon dioxide emissions from India’s power sector are expected to rise nearly 80 percent by 2040 as power use almost triples, driven in pa...
Scintillating electric car market goes from zero to 2 million in five yearsA multi-government program called the Electric Vehicle Initiative on Thursday will set a goal for 30 percent market share for battery power...
- Global oil demand seen rising amid recovery
The slump in global oil demand in 2009 will be less severe than previously forecast and consumption will increase next year as the world ec...
- IEA says still assessing Ike oil disruption
The International Energy Agency (IEA) is still assessing the impact of Hurricane Ike on US oil and gas production and has yet to take a dec...