The Persian Gulf nation has instituted rolling blackouts to cope with surging summer electricity demand, stirring frustration among citizens.
Tag: International Energy Agency
Driven by China, Coal Plants Made a Comeback in 2023
The country, along with India, is still building power stations that run on coal. Elsewhere, retirements of older plants have slowed.
Chasing Big Mergers, Oil Executives Dismiss Peak Oil Concerns
Exxon Mobil and Chevron are spending tens of billions of dollars buying oil and gas assets, betting that the International Energy Agency’s predictions of declining oil demand are wrong.
I.E.A. Sees Oil, Gas and Coal Demand Peaking By 2030
The prediction, which has stirred controversy among oil producers, is a sign of a sweeping transformation in the global energy landscape.
How the G7 Oil Price Cap Has Helped Choke Revenue to Russia
Group of 7 leaders are prepared to celebrate the results of a novel effort to stabilize global oil markets and punish Moscow.
How Russia Is Surviving the Tightening Grip on Its Oil Revenue
Restrictions on Russia’s oil trade are raising the stakes in a protracted economic standoff that is reshaping the global energy market.
China’s Oil and Gas Use Fell in 2022 for First Time in Decades
Pandemic lockdowns curbed Chinese energy demand, but the International Energy Agency expects a rebound this year.
Renewables Will Overtake Coal by Early 2025, Energy Agency Says
In a new report, the international group said that solar, wind and other renewable sources will expand much more swiftly than forecast last year.
Carbon Dioxide Emissions Increased in 2022 as Crises Roiled Energy Markets
Global emissions from fossil fuels are likely to reach record highs this year, new data shows, putting nations further off track from stopping global warming.
Your Friday Briefing: The U.S. Economy Grew, Slowly
Plus the war in Ukraine may boost clean energy and investigations into Chinese outposts overseas.