Oil headed for its first weekly gain since early January after prices found a floor amid uncertainty over how the coronavirus will play out and whether OPEC+ will respond with additional production cuts.
Global emissions from energy held steady in 2019 for the first time in three years. But the restraint all came from the U.S. and Europe as developing countries boosted use of the most polluting fossil fuels.
Rapid and widespread changes are needed across the world's energy systems to tackle climate change and ensure sustainable development, experts have said.
The struggle to provide Africa with energy will become increasingly important, particularly in terms of balancing power with carbon emissions, a new report from the International Energy Agency (IEA) has said.
The seven majors must cut production by 35% by 2040, and emissions by 40%, if the world is to warm by only 1.6 degrees Celsius, according to a new report from Carbon Tracker Initiative.
The South African government has published its Integrated Resource Plan (IRP) with the aim of setting out the country’s future energy mix.
An influx of new offshore wind farms around the world is set to draw $840 billion of investments over the next two decades, the International Energy Agency said.
Oil price predictions always end in disaster but complacency in the market poses a number of risks, given global uncertainty.
Oil held its decline from the dramatic spike earlier in the week as supply assurances from Saudi Arabia and the International Energy Agency calmed the market after the devastating weekend attacks.
Oil is set for its biggest weekly loss in nearly two months as the International Energy Agency warned of a looming supply glut, while OPEC and its allies urged members to maintain, rather than deepen, output cuts.
The US briefly became the world’s No. 1 oil exporter as record shale production found its way to global customers, and there are prospects for more.
In the week or so before I sat down at my desk to write this column, four important and potentially linked events took place.
Carbon emissions from fossil fuel use hit a record last year after energy demand grew at its fastest pace in a decade, reflecting higher oil consumption in the U.S. and more coal burning in China and India.
Global oil demand remains on course to be stronger this year than in 2018 as a boost from lower fuel prices counters slowing economic activity, according to the International Energy Agency.
Governments must make decisions "as of today" to drive the world towards clean energy in a bid to cut carbon emissions and improve air quality, the International Energy Agency has said.
Driving electric cars and scrapping your natural gas-fired boiler won’t make a dent in global carbon emissions, and may even increase pollution levels.
Renewables will provide almost a third (30%) of the world's electricity in five years' time, a report from the International Energy Agency (IEA) said.
Global investment in energy is failing to keep up with security and sustainability goals, according to the International Energy Agency (IEA).
OPEC’s Gulf members may need to pump almost as much crude as they can to cover swelling supply losses from Venezuela to Iran and beyond, the International Energy Agency said.
The International Energy Agency cut forecasts for global oil demand growth in 2018 as the highest prices in three years put a brake on consumption.
Global oil demand is expected to increase by 1.5million barrels per day (b/d) to 99.3million, according to the latest forecast from the International Energy Agency (IEA).
The U.S. will dominate global oil markets for years to come, satisfying 80 percent of global demand growth to 2020 as the shale boom keeps OPEC under pressure, the International Energy Agency said.
Crude lost steam as the International Energy Agency warned about seemingly unstoppable U.S. shale production against the backdrop of swelling American oil stockpiles.
The International Energy Agency (IEA) says it has had the widest ever response to an exercise to simulate a global oil supply disruption.
U.S. oil output is set for “explosive” growth this year as prices rally, potentially offsetting a further collapse in Venezuela’s production, the International Energy Agency said.