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Russia to halt gas supply to Poland, Bulgaria amid ‘ruble’ row
- Poland to become 1st country to be cut off from gas by Gazprom since start of Russia’s war on Ukraine
Int. Energy Agency cuts global gas demand outlook by 50B cubic meters due to war
- Natural gas consumption this year is expected to fall by close to 6% in Europe, latest report shows
Int. Energy Agency revises down oil demand forecast for 2022
- Surge in COVID-19 cases and severe new lockdowns in China leads to downward revision to global demand in 2Q22 and for year as a whole
Clean energy spending accounts for only 4% of global economic stimulus packages
- Sustainable recovery spending in recovery packages is 40% above expenditure levels after 2008 global financial crisis, IEA latest data shows
Oil up as Russia-Ukraine crisis outweighs emergency oil releases
- Int. Energy Agency’s intervention to decrease prices by tapping emergency oil reserves will fail to change fundamentals in oil market, experts believe
Int. Energy Agency confirms 2nd joint oil emergency stock release
- Move comes after decision to release 62.7 million barrels of oil from emergency stocks due to supply constraints from Russia-Ukraine conflict
IEA members agree on new release of oil from emergency reserves
- Decision marks fifth time that IEA releases emergency stocks, statement says
01.04.2022
Oil
OPEC ends reliance on International Energy Agency data
- Wood Mackenzie and Rystad Energy will be used as secondary sources with immediate effect
Emergency measures can cut daily oil demand by 2.7M barrels reducing supply crunch risk
- IEA chief warns immediate action is needed to reduce demand as the world could well face its biggest oil supply shock in decades
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Nearly 3 million barrels per day of Russian oil could be shut in April
- International Energy Agency says losses could increase should restrictions or public condemnation escalate
Int. Energy Agency revises down oil demand forecast for 2022
- Surging energy and other commodity prices, along with sanctions against Russia, are expected to depress world GDP and oil demand, says IEA
IEA confirms to release over 61 million barrels of oil from stocks
- Pledged amount of crude oil represents just 3% of total emergency reserves, says IEA
IEA proposes plan to reduce EU reliance on Russian gas supplies by one third
- Kadri Simson, European Commissioner for Energy, says EU Commission is also planning to propose a pathway next week
60M oil barrels to be released from emergency stocks: Int. Energy Agency
- IEA members hold emergency stockpiles of 1.5 billion barrels and pledge equivalent of 2 million barrels a day for 30 days
Energy sector induced methane emissions 70% higher than official figures
- Energy sector accounts for 40% of total methane emissions that are responsible for around 30% rise in global warming
IEA head urges OPEC+ to narrow gap between actual output and targets
- Oil markets are suffering from tight supply, as world’s biggest oil producers fail to meet monthly production quotas
Int. Energy Agency oil demand forecast up 900,000 barrels per day for 2022
- Agency projects strong recovery in transportation demand in second half of this year
Int. Energy Agency oil demand forecast up due to softer COVID-19 restrictions
- Despite explosion of worldwide COVID-19 cases, government measures to contain virus are less severe, says International Energy Agency
Russia responsible for Europe's natural gas crisis: IEA chief
- Natural gas prices in Europe increase by over 900% since January 2021
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Coal power expected to set new record in 2021 threatening net zero goals
- Rapid economic recovery and steep rise in gas prices increase coal power, underscoring need for strong policy to cut coal emissions
Int. Energy Agency oil demand forecast down due to surge in COVID-19 cases
- New surge in COVID-19 cases is expected to slow, but not derail, recovery in oil demand that is underway, says International Energy Agency
Oil down as uncertainties over new variant trigger investor caution
-More-than-expected fall in US crude stocks limits further decreases
Oil down on demand pressure from new COVID-19 variant
- Investors are awaiting decision from major oil-producing countries on production volume for January
Global energy efficiency progress well short of level to meet climate goals
- Annual rate of improvement in global energy intensity is below 4% needed between 2020 and 2030 for net zero pathway, IEA says
Global oil output rises by 1.45% in October
- International Energy Agency keeps forecast unchanged for increase in global oil demand for this year and next year
Fossil fuel-dependent M. Eastern economies in search of clean transition roadmap
- Fundamental changes to economic model of resource-rich countries look unavoidable, IEA chief says, urging for clean energy transition
Countries failing to fulfil climate commitments to be 'shamed' in 2023
- Actions will be tracked by International Energy Agency until UN climate summit in 2023
G20 leaders agree on 1.5C global warming target
- Keeping 1.5°C within reach requires meaningful and effective actions, leaders say in final communique
World in midst of 'uneven and unsustainable' economic recovery, IEA says
- Clean energy spending is highly imbalanced geographically with most of it in advanced economies rather than developing world
28.10.2021
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