World oil demand is forecast to fall by 2.7 mb/d in 2026, to 102.3 mb/d, before rebounding by 2 mb/d in 2027, as it continues to be weighed down by ongoing disruptions to exports of refined products and LPG from the Gulf, said a report. ...
Global renewable power capacity is projected to rise by almost 4,800 GW between 2026 and 2031, up 60 per cent from the previous six-year period, as energy security concerns accelerate investment, with emerging economies outside China matching advanced markets in new capacity additions, the IEA said....
Ukraine faces potential power shortages this winter as increasingly sophisticated Russian drone attacks threaten energy infrastructure, despite efforts to expand generation, storage and strategic reserves, according to a new International Energy Agency (IEA) report....
The International Energy Agency (IEA), International Energy Forum (IEF) and Organisation of the Petroleum Exporting Countries (OPEC) have convened a technical workshop to address challenges affecting maritime energy flows, shipping and insurance costs, and global market stability....
Europe’s record-low gas storage levels could prolong global market tightness into 2027, as disruptions to LNG supplies through the Strait of Hormuz intensify competition for cargoes and increase price pressures, according to the International Energy Agency (IEA)....
