Tag Archives: International Energy Agency (IEA)

Russian refineries are keeping output low despite the end of spring turnarounds, as crude availability becomes tight as a result of cuts agreed by OPEC and its allies, according to trading sources. “There is a dearth of crude supply, and volumes are reduced,” a trader said. Refinery throughput at Russian …

The organisations intend to scale up efforts to advance progress on sustainability in Asia and the Pacific.

The International Energy Agency bolstered its outlook for global oil demand, but warned that the recovery could be derailed by the resurgence of coronavirus. A collapse in fuel consumption during the second quarter was slightly less severe than previously estimated, and demand should rebound sharply over the next three months …

Global oil demand has rebounded somewhat faster than previously thought, although the spread of the coronavirus in the United States and Latin America is “casting a shadow over the outlook,” the International Energy Agency (IEA) wrote in its latest Oil Market Report. The last few weeks have seen crude oil …

Global oil demand will average 92.1 million b/d in 2020, down by 7.9 million b/d versus 2019, the US International Energy Agency (IEA) forecast in its July Oil Market Report—a slightly smaller decline than forecast in the last report. Meantime, the agency highlighted uncertainty about the forward path for global …

Oil prices climbed more than 2% on Friday after the International Energy Agency (IEA) bumped up its 2020 demand forecast but record-breaking new coronavirus cases in the United States tempered expectations for a fast recovery in fuel consumption. Prices also found support after data showed U.S. energy firms cut the …

In Indonesia, the Ministry of Energy has partnered with the International Energy Agency (IEA) to accelerate the uptake of renewable energy in the country. The ministry and IEA are partnering with utility PT Perusahaan Listrik Negara (PLN Persero) to launch a new joint project on electricity and renewable energy. The …

Some 75% of the emissions reductions necessary to meet net-zero are dependent on technologies which have not yet reached commercial maturity, new analysis from the International Energy Agency (IEA) has found. EURACTIV media partner, edie.net, reports. The Agency’s clean energy innovation report warns that net-zero targets, which now cover half …

A global goal to achieve net zero carbon emissions by 2050 will not be met without a huge acceleration in clean energy innovation, the International Energy Agency (IEA) said on Thursday. The 2015 Paris Agreement set a target to curb global warming and reach net zero emissions in the second …

The International Energy Agency (IEA) on Thursday called for the European Union to accelerate low-carbon building renovations and introduce schemes to encourage consumers to replace inefficient old cars and fridges as part of a post-pandemic “green” recovery. Setting out its policy recommendations for the EU, the IEA said new policies …