Oil & Gas News (OGN)

Tag: IEA

Energy, Oil & Gas

IEA urges governments to strengthen gas supply resilience amid rising global risks

Thu, 10 Sep 2026

Governments should take practical steps to strengthen natural gas supply security as global markets become increasingly interconnected, volatile and vulnerable to geopolitical disruptions, according to a new report from the International Energy Agency (IEA)....

Energy, Oil & Gas

Nigeria joins IEA as Association Country, deepening global energy cooperation

Sun, 06 Sep 2026

Nigeria has formally begun a new phase of cooperation with the International Energy Agency (IEA), following its admission as an Association country and the signing of the first IEA-Nigeria Joint Work Programme....

Energy, Oil & Gas

Türkiye at energy crossroads as IEA urges faster investment in infrastructure

Sun, 06 Sep 2026

Türkiye is entering a pivotal phase in the development of its energy sector, with strong economic and population growth driving rising electricity demand and increasing the need for investment in infrastructure, flexibility and energy efficiency, according to a new review by the International Energy Agency (IEA)....

Energy, Oil & Gas

IEA lowers 2026 oil supply, demand forecasts amid Gulf disruptions

Thu, 13 Aug 2026

Renewed Gulf export disruptions have derailed the global oil market recovery, prompting the International Energy Agency (IEA) to cut its 2026 supply and demand forecasts. Global oil demand is now expected to decline by 1.6 million barrels per day as the Strait of Hormuz remains closed....

Energy, Oil & Gas

Global electricity demand growth to hit 3.6pc in 2026: IEA

Thu, 23 Jul 2026

The International Energy Agency (IEA) expects global electricity demand to grow 3.6 per cent in 2026 and 3.8 per cent in 2027, driven by electrification, data centres and industrial demand despite LNG market disruptions and energy price volatility....

Energy, Oil & Gas

IEA warns critical mineral supply risks persist despite diversification efforts

Thu, 16 Jul 2026

The International Energy Agency (IEA) has warned that global supply chains for critical minerals remain highly vulnerable despite growing efforts to diversify production, with rising geopolitical tensions and export restrictions posing significant risks to energy security and industrial growth....

Energy, Oil & Gas

Global oil demand recovery underway as consumption rises: IEA

Mon, 13 Jul 2026

A recovery in world oil demand is underway, with consumption set to rise from its May nadir on seasonal trends and as pent-up demand is released in line with a rebound in product supplies, says an International Energy Agency (IEA) report....

Energy, Oil & Gas

Nigeria ioins IEA as Association Member

Thu, 02 Jul 2026

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

Mon, 29 Jun 2026

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

Thu, 18 Jun 2026

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

Oil market faces major oversupply risk in 2027 as Gulf supplies return: IEA

Thu, 18 Jun 2026

The global oil market could swing into a substantial surplus next year as production recovers sharply following the US-Iran peace agreement and the gradual reopening of Gulf energy routes, according to the latest outlook from the International Energy Agency (IEA)....

Energy, Oil & Gas

IEA calls for stronger government role in clean energy transition

Sun, 14 Jun 2026

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

Tue, 02 Jun 2026

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

Global energy investment to hit $3.4trn in 2026; oil's share to decline

Thu, 28 May 2026

Global energy investment is expected to reach $3.4 trillion in 2026, with $2.2 trillion going to low-emissions and grid technologies and $1.2 trillion to fossil fuels, according to the IEA report....

Energy, Oil & Gas

Renewables account for nearly 38pc of OECD electricity output in February: IEA

Mon, 18 May 2026

OECD net electricity generation reached 920.8 TWh in February 2026, up 0.8 per cent year-on-year. Fossil fuels supplied 45.4 per cent of output despite declining 4.7 per cent, while renewables contributed 37.8 per cent and nuclear power accounted for 15.7 per cent of generation. ...

Energy, Oil & Gas

Mideast conflict disrupts global cooking fuel supplies: IEA

Thu, 14 May 2026

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

Wed, 13 May 2026

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

Mon, 04 May 2026

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

Sun, 26 Apr 2026

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

War in Iran is causing biggest energy crisis in history: IEA

Tue, 21 Apr 2026

The Iran–US–Israel conflict is driving the worst global energy crisis, IEA head Fatih Birol said, calling it the biggest in history, worsened by Russia-related energy shocks and supply pressures global....

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