US, IEA urge Asian countries to diversify energy supply chains SYDNEY: The United States and the International Energy Agency on Tuesday urged Asian countries to diversify their... Published 13 Jul, 2022 05:48am
Markets Clean energy spending rises, but still not enough: IEA PARIS: Investment in clean energy will hit a record this year but fall short of what is needed to tackle the climate... Published 23 Jun, 2022 07:37am
Markets Russia may cut off gas completely, Europe must act now: IEA BRUSSELS: Russia may cut off gas to Europe entirely as it seeks to bolster its political leverage amid the Ukraine... Updated 22 Jun, 2022 07:43pm
Opinion Oil, gas prices: need for stabilisation fund Oil prices go up and down. Now gas prices are also linked with oil prices. While lower oil prices go unnoticed and... Published 22 Jun, 2022 05:58am
Markets Russian oil and fuel revenue up even as exports fall: IEA LONDON: Higher crude oil and fuel prices allowed Russian revenues to climb in May despite its export volumes... Published 15 Jun, 2022 05:33pm
Markets Oil demand to return to pre-Covid level in 2023: IEA PARIS: Global oil demand will return to pre-pandemic levels next year as China’s consumption recovers from Covid... Published 15 Jun, 2022 03:27pm
Opinion Climate-stricken world needs renewables Marshall Plan UN chief Antonio Guterres on Wednesday outlined what amounts to a global Marshall Plan for ushering in a world... Published 19 May, 2022 05:29am
Markets Russian isolation won’t spark ‘acute’ oil supply crunch: IEA PARIS: Russia’s growing isolation will not create an “acute” global oil supply crunch as production from other... Published 13 May, 2022 05:59am
Print Renewable energy to grow to new record in 2022: IEA PARIS: The world will set a new record for renewable power capacity this year led by solar energy in China and... Published 12 May, 2022 05:40am
Markets Renewable energy to grow to new record in 2022: IEA PARIS: The world will set a new record for renewable power capacity this year led by solar energy in China and... Published 11 May, 2022 10:41am
Opinion Biden sidelined global energy partners with record emergency oil release The United States announced a record-sized release of emergency crude oil reserves in March without consulting... Published 10 May, 2022 05:10am
Print Taliban govt issues ‘warning’ Islamabad: The Afghan Taliban interim government on Saturday warned Pakistan of “bad consequences” in case of any... Updated 17 Apr, 2022 08:09pm
Markets IEA lowers world oil demand outlook on China lockdowns PARIS: Global oil demand will be slightly lower than forecast this year in the wake of strict Covid lockdowns in... Published 13 Apr, 2022 02:51pm
Print IEA details plan to release 120m barrels of oil to cool prices LONDON: The International Energy Agency (IEA) has listed members’ contributions to a 120-million-barrel release of... Published 09 Apr, 2022 04:39am
Markets Oil drops as IEA nations ready big release from reserves LONDON/NEW YORK: Oil futures fell sharply on Wednesday following a surprising rise in U.S. crude stocks and after... Published 06 Apr, 2022 10:02pm
Markets IEA countries to tap 60mn barrels of oil on top of US release WASHINGTONG: Member countries of the International Energy Agency besides the United States have agreed to release 60... Published 06 Apr, 2022 09:35pm
Markets Oil benchmarks on course for biggest weekly losses in 2 years LONDON: Oil dipped in and out of negative territory on Friday as members of the International Energy Agency (IEA)... Published 02 Apr, 2022 04:14am
Print US allies agree to tap emergency oil reserves again PARIS: US allies agreed on Friday to tap their emergency oil reserves again in a bid to calm crude prices that have... Published 02 Apr, 2022 04:14am
Print IEA urges ‘emergency measures’ to cut oil use over supply fears PARIS: The International Energy Agency on Friday urged governments to urgently implement measures to cut global oil... Published 19 Mar, 2022 04:42am
World IEA urges ‘emergency measures’ to cut oil use over supply fears PARIS: The International Energy Agency on Friday urged governments to urgently implement measures to cut global oil... Published 18 Mar, 2022 03:49pm
Business & Finance Canadian dollar notches 2-week high TORONTO: The Canadian dollar was little changed against its US counterpart on Thursday, with the currency holding... Published 18 Mar, 2022 05:20am
Markets US, allies agree oil reserves release as oil prices soar TOKYO: Members states of the International Energy Agency (IEA) agreed on Tuesday a coordinated release of 60 million... Published 02 Mar, 2022 04:35am
Markets Oil prices surge 9pc as global crude reserve release disappoints NEW YORK: Oil prices surged 9% on Tuesday, as a global agreement to release crude reserves failed to calm fears ... Published 02 Mar, 2022 04:35am
Markets India ready to tap national oil stocks NEW DELHI: India is prepared to release additional crude from its national stocks in support of efforts by other... Published 27 Feb, 2022 06:39am
Markets India to release additional crude from its stocks NEW DELHI: India is prepared to release additional crude from its national stocks in support of efforts by other... Published 27 Feb, 2022 06:39am
Markets Energy sector methane emissions 70% higher than official figures: IEA LONDON: Emissions of the potent greenhouse gas methane coming from the global energy sector are 70% higher than... Published 23 Feb, 2022 05:52pm
Markets Energy sector methane emissions underreported: report PARIS: The energy sector's overall emissions of methane are massively underreported, the IEA said Tuesday as it... Published 23 Feb, 2022 10:14am
Markets IEA's Birol again urges OPEC+ to narrow gap between oil targets and output RIYADH: The Organization of the Petroleum Exporting Countries (OPEC) and their allies, known as OPEC+, needed to... Published 16 Feb, 2022 01:06pm
Markets Oil eases as Ukraine hints at concessions to Russia LONDON: Oil eased on Monday from its highest in more than seven years as Ukraine hinted at possible concessions to... Published 15 Feb, 2022 06:45am
Markets Oil prices gain after IEA says market tight LONDON: Oil prices rose on Friday after the International Energy Agency (IEA) said oil markets were tight, but were... Published 12 Feb, 2022 05:09am