The International Energy Agency (IEA) has said that G7 economies are well placed to be first movers on driving down carbon dioxide emissions from heavy industry.

The EU will propose a phased-out ban on Russian oil imports as part of a fresh round of sanctions against Russia for its invasion of Ukraine, sources said on Sunday. The European Commission, which draws up sanctions for the bloc, is currently preparing a text that could be put to...

Russian oil supply, meanwhile, is expected to continue to fall in April by 1.5 million barrels per day amid its invasion of Ukraine, according to the IEA, which advises developed countries on their energy policies.

The IEA members which include the United States, European countries, Australia and Japan, among others had already pledged last month to release 62.7 million barrels of oil.

IAE repeated its warning that the prospect of large-scale disruptions to Russian oil production "is threatening to create a global oil supply shock".

The International Energy Agency approved a third term for executive director Fatih Birol as the organization seeks a faster transition to clean energy, it said Friday.

The IEA urged governments to urgently implement measures to cut global oil consumption within months following supply fears stemming from Russia's invasion of Ukraine. The IEA also called on the OPEC+ group of oil-producing nations led by Saudi Arabia and Russia to help "relieve the strain" on markets.

The United States will contribute half of the 60 million barrels of oil International Energy Agency (IEA) countries agreed to release Tuesday to stabilize global markets after Russia's invasion of Ukraine, President Joe Biden said. "I can announce the United States has worked with 30 other countries to release 60...

The 13 members of the Saudi-led Organization of the Petroleum Exporting Countries (OPEC) and their 10 allies, including Russia, had cut production sharply in 2020 as prices collapsed after the Covid pandemic emerged.

Rising prices of metals, elements, and compounds used in EVs could be a headache, but the MENA region and the world are already working to offset it. A few right policy moves will help economies like the UAE and Saudi Arabia to diversify their economy, especially away from oil and...

IEA said the demand for natural gas is expected to fall sharply in Europe and slow in Asia. Gas demand rebounded last year as the world economy recovered from the Covid pandemic and restrictions were eased, while an unusually cold winter also drove up consumption.

The Omicron coronavirus variant will slow the recovery in global demand for oil but the market will be "more comfortable" in 2022, the International Energy Agency said on Tuesday. The oil market "appears to stand on a better footing than it has for some time," the IEA wrote in its...

For net-zero, carbon-capture tech cannot spend another decade on the sidelines of climate mitigation efforts, said the IEA.

The cartel's world oil outlook goes against the vision of the International Energy Agency, which warned in May that demand must fall over the next decades for the world to meet its climate goals.

The GCC nations are looking at the $500-billion market for Green Hydrogen by 2050, but will it be enough?

International Energy Agency says current government plans would increase spending on clean energy to $350, 75 percent short of its $1 trillion Sustainable Recovery Plan

IEA has said renewable sources of energy grew at their fastest clip in 2020 in this millennium The world added enough infrastructure to produce 280 GW of energy via renewable sources in the year gone by   Wind, solar and other renewable sources of electricity showed in 2020 their fastest...