Tag Archives: International Energy Agency (IEA)

Copper has become an essential building block in modern construction and energy. In the coming years, the global demand for copper is expected to increase significantly as it is used more widely for renewable energy projects and transmission. The Australian mining major BHP expects the demand for copper to grow …

The Trump Administration is pushing the International Energy Agency (IEA) to ditch its focus on the energy transition and promotion of renewable energy sources, two sources briefed on recent IEA meetings have told POLITICO. Reports emerged as early as last summer during President Donald Trump’s presidential campaign that if elected, …

Global electricity demand from data centres is set to double between now and the end of the decade, to 945 terawatt-hours (TWh), a new report by the IEA has found. The IEA‘s Energy and AI report found that by 2030, data centres around the world will use more electricity that …

This week’s call from the International Energy Agency (IEA) for continued investment in existing oil and gas fields is another moment of truth for the Paris-based agency, highlighting its inconsistent messages about upstream investment, OPEC says. OPEC reviewed the messages the IEA has issued since 2017 in an article published …

Europe has been importing growing volumes of liquefied natural gas from Russia and should consider replacing these with supply from other sources, including Qatar, according to Fatih Birol, Executive Director of the International Energy Agency (IEA). “Europe has been importing a lot of Russian LNG to help its economies,” Birol …

The new expansive U.S. sanctions on the Russian oil industry and exports could affect global oil flows, complicating trade logistics for producers using shadow fleets such as Russia, Iran, and Venezuela, the International Energy Agency (IEA) said on Wednesday. Despite the prospect of declining supply from Russia and Iran, with …

As Donald Trump prepares to become America’s 47th president on January 20, the potential resurgence of United States’ shale oil industry will reopen the 2014 scars for Nigeria and some of the biggest oil producers in the world as they seek to support prices and reduce oversupply. The resurging shale …

Green hydrogen will struggle to compete at price level with gray hydrogen made from natural gas at least until 2050—much longer than previously anticipated, according to new estimates by research firm BloombergNEF. BNEF’s new report on hydrogen prices finds that green hydrogen, the one produced via electrolysis using renewable energy, …

Since 2022, several countries worldwide have announced plans to expand their natural gas production capacity over the next decade, with multiple new large-scale projects coming online over the last three years. This was largely driven by the 2022 Russian invasion of Ukraine and subsequent sanctions on Russian energy, which led …

Fracking techniques perfected in the U.S. shale patch could help drill for deeper and hotter geothermal energy resources and slash geothermal costs to make this low-carbon energy source competitive to other clean energy solutions, the International Energy Agency (IEA) said on Friday. Recent advances in horizontal drilling and hydraulic fracturing, …