International Energy Agency
Fossil Fuels to Keep Dominating Energy Consumption Mix
Wednesday, February 26, 2014 Despite more than 25 years of efforts to reduce fossil fuel consumption and boost renewable energy use, fossil fuels will keep dominating the global energy consumption mix, said IEA's Fatih Birol.
Despite Shale, Middle East Remains Key to Oil Demand
Tuesday, February 25, 2014 The US shale revolution has helped reshape the global energy market, but Middle Eastern oil will remain vital for meeting future Asian energy demand, said IEA's Fatih Birol.
Robust Demand Tightening Oil Market, IEA Says
Thursday, February 13, 2014 Stronger-than-expected demand drains oil inventories to their lowest level since 2008.
IEA Sees Oil Use Rising As Global Growth Picks Up
Tuesday, January 21, 2014 Global oil demand will rise more quickly this year as economic growth in industrialized countries accelerates, absorbing more supply even as US shale oil production reaches record highs, IEA says.
Clyde Russell: China Oil Demand Growth to Miss Forecasts
Friday, December 13, 2013 Chinese oil demand this year is virtually certain to miss forecasts by the International Energy Agency and the country's top producer.
Small, Mid-Scale LNG Developments May Be A Better Fit for Southeast Asia
Wednesday, December 11, 2013 Southeast Asia's escalating gas demand may be better met by developing small and mid-scale LNG projects rather than costly large-scale developments.
Lured by Cheap Coal, Southeast Asia Turns Away from Gas
Monday, December 09, 2013 Southeast Asia's power sector will tilt away from gas to use more coal by the end of this decade, chipping away at demand for liquefied natural gas as the region of more than 600 million people tries to cut costs to meet soaring electricity needs.
IEA and Emerging Countries to Collaborate More Closely
Thursday, November 21, 2013 The IEA and six emerging economies including China and India agree to pursue stronger cooperation, the IEA says in a bid to strengthen ties with non-members whose share in global oil demand has grown rapidly.
IEA Lists Challenges Facing Southeast Asian Oil, Gas Sector to 2035
Tuesday, November 19, 2013 The International Energy Agency highlights challenges facing Southeast Asian oil and gas industry as the region gears up to cope with soaring energy demand, thanks to strong economic growth.
IEA: US To Become World's Top Oil Producer in 2015
Tuesday, November 12, 2013 The US will stride past Saudi Arabia and Russia to become the world's top oil producer in 2015, IEA said, bringing Washington closer to energy self-sufficiency and reducing the need for OPEC supply.
IEA: Rising Output, Energy Efficiency to Halve US Oil Imports by 2020
Wednesday, October 16, 2013 Rising oil and gas production and improving energy efficiency in the US can slash oil imports in half by the end of 2020 from levels seen two years ago, IEA says.
Southeast Asia's Net Oil Imports to More Than Double by 2035-IEA
Wednesday, October 02, 2013 Southeast Asia's net oil imports will more than double by 2035, costing $240 billion at today's prices, to meet strong energy demand growth to fuel the region's fast-growing economies, the International Energy Agency said on Wednesday.
IEA: Global Energy Demand to Rise in 2014
Thursday, September 12, 2013 The International Energy Agency forecasts global energy demand to rise to 1.1 million barrels per day in 2014 as supply concerns ease.
IEA Says Energy Map Must Evolve to Become Sustainable
Friday, September 06, 2013 In an effort to maintain energy efficiency, the current energy map will need to change, IEA analyst Capella Festa says.
IEA Head: Global Oil Companies Are Investing Enough
Wednesday, January 09, 2013 The global oil sector is investing enough and there is sufficient oil supply, the head of the IEA said and added that she hopes the high oil prices hampering economic recovery will fall.
Musings: If You Believe The IEA, Our Energy Worries Are Over
Wednesday, November 21, 2012 The IEA published a study suggesting that by 2015 the United States will become the world's largest gas producer, what if this isn't true?
China Looks to Emulate US Shale Success
Thursday, November 15, 2012 The IEA reported that the US is poised to become the largest producer of oil by 2020. But watch out US - China is predicted to hold the largest shale gas reserves in the world.
IEA: Shale Boom to Turn US Into World's Largest Oil Producer
Monday, November 12, 2012 A shale oil boom means the US will overtake Saudi Arabia as the world's largest oil producer by 2020, a radical shift that could transform the world's energy supplies and geopolitics, the IEA said.
IEA Head Says No Contact with US Govt Over Reserve Release
Friday, August 17, 2012 The IEA hasn't been contacted by the US government about a potential release of emergency oil stockpiles, and market fundamentals don't warrant a release, IEA Executive Director Maria Van Der Hoeven said.
IEA: 2013 Oil Demand Growth Higher On Muted Recovery
Thursday, July 12, 2012 Global oil demand is expected to rise by 1 million barrels a day next year, faster than growth this year, but "well below" the levels seen before the financial crisis as economic recovery remains muted, the IEA said.