Renewable growth will be largely driven by China. which is predicted to be responsible for 41% of expansion.
Read More »IEA Cuts Oil Demand Forecasts. Expects Prices Staying High
The IEA cut its estimate for global oil-demand growth for both 2018 and 2019.
Read More »IEA Urges OPEC to Boost Output
Birol has welcomed efforts by top OPEC producer Saudi Arabia to increase output.
Read More »Petchems will Drive more than a Third of Oil Demand Growth by 2030
Aramco. the world’s biggest oil producing company. is in talks to acquire a stake in Sabic. the region’s biggest petchems producer.
Read More »Bioenergy Leads Growth in Renewable Energy Consumption to 2023
Modern bioenergy is the overlooked giant of the renewable energy field.
Read More »The World Needs to Rise Adoption of Renewable Energy
IEA says renewable energy could grow 25 percent faster.
Read More »Ocean Plastic Waste May Double by 2030
Petrochemicals are one of the key blind spots in the global energy debate.
Read More »Fatih Birol Predicts 200 Gigawatts Of Offshore Wind By 2040
Wind energy is re-shaping the global energy mix.
Read More »Oil Markets Lower amid Mixed Price Signals
OPEC and its allies agreed in late 2016 to cut output from 2017 by around 1.8 million barrels per day (bpd) versus October 2016 levels.
Read More »Global Climate Goals Threatened by Decline in Renewable Energy Investments
Following the Paris climate agreement in 2015 more than 170 countries agreed to try limiting global warming to well below 2C.
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