Tag Archives: International Energy Agency (IEA)

Following the Paris climate agreement in 2015 more than 170 countries agreed to try limiting global warming to well below 2C.

Investment in renewable power dropped 7% as the growth seen in solar and wind energy was offset by declines in hydropower and nuclear power.

China and India have the fastest growth of liquid natural gas consumption.

Final investment decisions for new coal-fired plants have been declined for the second year in a row.

The United States shale industry is at turning point after a long period of operating on a fragile financial basis.

OPEC is a 14-country oil cartel. which includes Nigeria.

China has decided to invest &.25 million to help slow the decline underway in Venezuela.

According to IEA. Saudi Arabia will use its spare capacity which is predicted by as much as 2 million barrels per day.

LNG is progressively taking a larger share in global gas trade. especially in Asia.

UAE supplies a small quantity of oil to India.