Tag: IEA

Energy, Oil & Gas

Nigeria ioins IEA as Association Member

The International Energy Agency (IEA) has unanimously approved Nigeria’s entry as an Association country, strengthening cooperation with Africa’s most populous nation and expanding the IEA Family to represent over 80 per cent of global energy demand....

Energy, Oil & Gas

Global push for energy efficiency amid Hormuz tensions

Dozens of countries agreed at the International Energy Agency (IEA) conference in Montreal to prioritise energy efficiency to cut costs, improve resilience and reduce volatility after Middle East energy disruptions, pledging stronger support for households, SMEs and global cooperation....

Energy, Oil & Gas

Strait of Hormuz tensions expose Southeast Asia’s energy risks: IEA

An International Energy Agency (IEA) report warns that disruptions to Strait of Hormuz energy shipments have exposed Southeast Asia’s dependence on imported fuels, highlighting the need for stronger energy security, diversification and efficiency measures as regional energy demand continues to rise....

Energy, Oil & Gas

IEA calls for stronger government role in clean energy transition

A new International Energy Agency (IEA) report says stronger government action and enhanced global cooperation are essential to speed clean energy deployment this decade, warning that significant challenges remain in turning energy transition commitments into measurable implementation....

Energy, Oil & Gas

Oil inventories could hit record low levels if stock draws continue: IEA

Global oil inventories could hit ​critical or historically ‌low levels just ahead of the peak ​summer demand period ​if stock draws continue ⁠at their current ​pace, Reuters quoted the head of ​the International Energy Agency's oil industry and markets ​division as saying....

Energy, Oil & Gas

Mideast conflict disrupts global cooking fuel supplies: IEA

The International Energy Agency (IEA) warns the Middle East conflict-driven energy crisis is disrupting LPG supplies via the Strait of Hormuz, causing shortages and price spikes that threaten cooking fuel access for billions in developing Asia and other emerging economies....

Energy, Oil & Gas

IEA warns of oil market deficit amid Mideast disruption

International Energy Agency (IEA) says global oil markets face disruptions in 2026 due to Middle East conflict and Strait of Hormuz restrictions, with demand forecast to fall by 420 kb/d to 104 mb/d, led by a sharp Q2 decline....

Energy, Oil & Gas

Tackling methane emissions would strengthen energy security amid crisis: IEA

Methane emissions from fossil fuels remain near record highs in 2025, with little global decline. IEA analysis shows proven abatement measures could free 200 billion cubic metres of natural gas annually and enhance energy security. Some countries are progressing, and the Middle East crisis highlights added benefits....

Energy, Oil & Gas

Mideast crisis disrupts global LNG markets, supply growth: IEA

Middle East conflict disrupted global natural gas markets, cutting nearly 20 per cent of LNG supply via the Strait of Hormuz, causing supply shocks, uncertainty, and sharp price increases worldwide, according to the International Energy Agency’s (IEA) latest quarterly gas market report. ...

Energy, Oil & Gas

Global 2025 energy demand led by solar, gas: IEA report

Global energy demand growth slowed in 2025, while electricity use rose faster. Solar PV led supply growth for the first time, followed by natural gas, which accounted for 17 per cent mainly in power generation, according to a new International Energy Agency (IEA) report. ...

Energy, Oil & Gas

Energy output recovery will take two years says IEA chief

Energy ​output lost in the Middle East from the ongoing ‌conflict in the region will take about two years to recover, Fatih Birol, the head of the International Energy Agency, was quoted as saying in an interview with ​the Neue Zuercher Zeitung newspaper....

Energy, Oil & Gas

Global shocks spur energy policy and spending surge: IEA

Recent global shocks have spurred intensive energy policymaking, increasing focus on security, resilience and affordability, and boosting public spending, according to the IEA’s State of Energy Policy 2026 report reviewing global policy changes in 2025....

Energy, Oil & Gas

IEA, IMF, World Bank chiefs to discuss energy crisis

The heads of the International Energy Agency (IEA), International Monetary Fund (IMF), and World Bank Group will meet on Monday to discuss the energy crisis triggered by ‌the Iran war. ...

Energy, Oil & Gas

IEA launches tracker to monitor energy policy responses to Mideast conflict

The International Energy Agency (IEA ) launched a policy tracker monitoring government responses to Middle East energy market impacts, detailing measures to conserve energy, protect consumers, and address supply disruptions and price volatility in oil, oil products, and LNG markets....

Energy, Oil & Gas

Stronger supply chains reduce energy tech risks: IEA

New International Energy Agency (IEA) analysis finds many energy technology supply chains contain at least one weak link, underscoring need to reduce concentration and improve industrial competitiveness. ...