#International Energy Agency

Electric VEHICLE

How electric vehicles are accelerating the end of the oil age

The rate of future EV adoption is going to depend heavily on EV pricing and the availability of charging stations

cop28 - climate talks

Explainer: What’s the plan for this year’s COP28 climate summit?

The EU and US have said they will put money in the climate damage fund at COP28

Kim Fausing President and CEO of Danfoss tell us why we must double down on energy efficiency to honor the Paris Agreement

Insights: Why we must double down on energy efficiency to honour Paris Agreement

We need to double the rate of energy efficiency progress and triple total renewable power capacity to impact climate change

climate goals

International cooperation in high emissions sectors crucial to achieve climate goal: Report

The report found that in the past year, only modest progress has been made in strengthening international collaboration in the areas where it is most needed

Oil prices near four-month high

Oil holds near four-month high as report sees US stockpile gain

Oil has rallied since late June following pledges by OPEC+ countries Saudi Arabia and Russia to cut supply

electric car

Oil is hard to quit, even in Norway where electric cars rule the road

The International Energy Agency says the rest of the world is going the way of the electric car, bringing peak oil demand before the end of the decade

WMO report says next five years likely to see global temperatures between 1.1°C and 1.8°C higher than 1850-1900 average. Image Courtesy: Getty Images

1.5°C global temperature threshold could be breached by 2027: WMO

World Meteorological Organization warns of average near-surface global temperature breaching the threshold between 2023 and 2027

OPEC sees global oil market tipping into surplus this quarter

OPEC cut forecasts for the amount of crude it will need to pump in the third quarter by 1.24 million barrels a day to 28.27 million a day

Oil edges lower as market tightness eases, pipeline restarts

Oil edges lower as market tightness eases, pipeline restarts

West Texas Intermediate declined toward $91 a barrel in early Asian trading

oil supply

IEA sees world oil supply struggling to meet demand in 2023

Crude has climbed more than 50 per cent this year

Oil edges higher after three-day slide as volatility continues

The US Federal Reserve raised interest rates by a quarter percentage point

Oil climbs from three-week low as traders assess demand outlook

Delta has raised concerns about the short-term demand outlook

OPEC readies next move in bid to avoid oil-market taper tantrum

While oil prices have recovered to $43 a barrel in London, from a two-decade low of $15.98 in late April, sentiment in the market remains fragile

Energy innovation spend needs to triple by 2030 to hit climate goals

As much as 60 billion tons of emissions, about twice what the world spewed out in 2019, could be prevented if money is spent in these new markets

IEA head sees oil use below pre-virus levels for at least a year

Crude demand of about 100 million barrels a day prior to the pandemic plummeted by about 30 per cent last month