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IEA 2021/2022 oil demand forecast up from global switch to oil from coal, gas
- Supply crunch is impacting power generation plants, fertilizer producers, manufacturing operations and refineries, says IEA
Net zero emissions by 2050 will require up to six-times more minerals
- Lithium is estimated to see fastest growth with demand up over 100 times from current level through to 2050, IEA says
Governments need to move decisively to unlock growth for low-carbon hydrogen
- Global production of low-carbon hydrogen is currently minimal and not cost-competitive, a new IEA report says
04.10.2021
Renewable
High oil prices threaten already-fragile global energy markets
-Knock-on effect continues after soaring prices, induced by low supply, hit energy markets just as industries start recovering from effects of last year's demand shortfall
IEA head Birol named on TIME 100 list of world's most influential people
- Whatever influence I may have, I want to use it to give world a fighting chance of limiting global warming to 1.5 °C, Birol says
15.09.2021
International Organization
Int. Energy Agency lowers oil demand expectation for 2H21 and 2022
- Outlook for remainder of 2021 is downgraded due to worsening progression of pandemic and revisions to historical data: IEA
Global oil demand to rise by over 3% in 2022: Int. Energy Agency
- Stronger oil demand is expected in 2nd half of year, on back of robust economic growth, rising vaccination rates & mobility
Global oil demand to rise 6% in 2021: International Energy Agency
- 1st half demand revised up, but estimate for 2nd half adjusted lower due to slow vaccination campaigns in non-OECD economies
Global oil demand to surge 6% in 2021: IEA
- Recovery in global oil demand remains fragile as surging Covid cases in India, Thailand offset recent more positive trends in Europe, US
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Norway’s oil, gas output lags behind predictions
- Total liquids output is expected to exceed 2.3 million bpd by end of 2021, highest in over 10 years: Int. Energy Agency
Global oil demand to surge 6% in 2021: IEA
- Global oil demand revision supported by improved IMF outlook, swift US vaccine rollouts and better economic data in China
Suez closure shows Asia’s reliance on Eastward oil flow
- Reason for increasing oil imports into East of Suez is region's growing refining activity, International Energy Agency says
Global oil demand to surge 6% in 2021: IEA
- Stronger economy, vaccine deployment will support growth in second half of year, energy agency says
No return to ‘normal’ for post-Covid oil markets: IEA
- Global oil demand expected to incur irreversible damage due to ‘shifting policies, behavior changes, Energy Agency warns
Global oil demand to increase 6% in 2021: IEA
- Positive economic outlook and vaccination campaigns in much of developed world to boost stronger oil demand growth in 2H21
Climate targets hinge on clean energy transition speed
- Accelerating clean energy transition in emerging countries plays key role in reaching net-zero emissions goals: IEA head
Global oil demand to increase 6% in 2021: IEA
- Vaccinations and more economic activity is expected to fuel stronger 2H21 growth, despite resurgence of COVID-19 cases
Future of oil prices depends on vaccines: IEA chief
- Even if viable vaccine becomes widely available, little recovery is expected in oil markets, says Fatih Birol
Global oil demand to increase 6.2% in 2021: IEA
- As mass vaccination will take several months, impact on oil demand will not be soon, IEA says
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Renewables thrive despite low energy demand: IEA Chief
-Solar power plants have become ‘new king’ of electricity sector amid decreasing global energy demand, says Fatih Birol
Global oil supply up in October with recovery in Libya
- Weak historical data and resurgence of Covid-19 leads to downward revision of near-term global demand outlook, IEA says
Battery patents grow by 14% in 13 years: Study
- Batteries account for nearly 90% of all patents in electricity storage worldwide, according to EPO-IEA joint study
Global oil supply up in Aug. as OPEC+ eases cuts: IEA
- Global oil demand will fall by 8.4 million barrels per day in 2020, but recover by 5.5 million barrels per day in 2021: IEA
Turkey’s giant gas find worth $80 billion: IEA Head
- Around $6 billion investment is necessary to start production from field, IEA Executive Director says
IEA: Global oil supply falls to nine-year low in June
- Record OPEC+ cuts drive most of decline in June as group boosts compliance to 108% from 88% a month earlier
COVID-19 puts 6.5 million energy jobs at risk this year
- 'Unemployment' is a word that we will hear most in next months, says IEA's head
24.06.2020
World
Nuclear power remains crucial during Covid-19 pandemic
- Int. Energy Agency report shows nuclear power is important source of Europe's power system flexibility during COVID-19
Time to plan postpandemic economic recovery: IEA chief
- In meeting co-chaired by Birol, participants discuss spurring economic growth through clean energy technology investments