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Tag: International Energy Agency

World

Will Oil Demand Peak Soon? Trump Administration Doesn’t Want to Hear It.

August 18, 2025August 19, 2025Somini Sengupta and Brad PlumerComments Off on Will Oil Demand Peak Soon? Trump Administration Doesn’t Want to Hear It.

It is lashing out at the world’s leading energy organization for saying oil and gas use could start declining as the world pivots to cleaner alternatives.

World

Global Electricity Demand Is Rising Faster Than Expected, I.E.A. Says

October 16, 2024BRAD PLUMERComments Off on Global Electricity Demand Is Rising Faster Than Expected, I.E.A. Says

A surge in power use worldwide could make it harder for nations to slash emissions and keep global warming in check.

World

Oil Prices Fall After Israel Reportedly Says It Won’t Target Iran’s Nuclear or Oil Facilities

October 15, 2024October 15, 2024STANLEY REEDComments Off on Oil Prices Fall After Israel Reportedly Says It Won’t Target Iran’s Nuclear or Oil Facilities

Brent crude, the international benchmark, was trading at below $74 a barrel on Tuesday, a drop from the $80 range.

World

Kuwait Turns to Power Cuts as Climate Change Strains Its Grid

September 8, 2024September 8, 2024Yasmena Almulla and Vivian NereimComments Off on Kuwait Turns to Power Cuts as Climate Change Strains Its Grid

The Persian Gulf nation has instituted rolling blackouts to cope with surging summer electricity demand, stirring frustration among citizens.

World

Driven by China, Coal Plants Made a Comeback in 2023

April 10, 2024April 11, 2024Max BearakComments Off on 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.

World

Chasing Big Mergers, Oil Executives Dismiss Peak Oil Concerns

October 25, 2023CLIFFORD KRAUSSComments Off on 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.

World

I.E.A. Sees Oil, Gas and Coal Demand Peaking By 2030

October 24, 2023October 24, 2023BRAD PLUMERComments Off on 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.

World

How the G7 Oil Price Cap Has Helped Choke Revenue to Russia

May 18, 2023May 18, 2023Jim TankersleyComments Off on 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.

World

How Russia Is Surviving the Tightening Grip on Its Oil Revenue

February 7, 2023February 7, 2023Anatoly Kurmanaev and Stanley ReedComments Off on 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.

World

China’s Oil and Gas Use Fell in 2022 for First Time in Decades

January 27, 2023CLIFFORD KRAUSSComments Off on 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.

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