Oil & Gas News (OGN)

Tag: IEA

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....

Energy, Oil & Gas

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

Mon, 20 Apr 2026

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

Fri, 17 Apr 2026

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

Sun, 12 Apr 2026

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

Wed, 08 Apr 2026

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

Tue, 31 Mar 2026

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

Thu, 26 Mar 2026

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. ...

Energy, Oil & Gas

IEA urges demand-side measures to shield consumers from oil market disruptions

Wed, 25 Mar 2026

The International Energy Agency (IEA) urged demand-side measures to ease consumer impacts from Middle East war disruptions. Reduced Strait of Hormuz flows tightened markets, cutting supply, pushing oil above $100 per barrel and raising refined product prices sharply. ...

Energy, Oil & Gas

IEA could release more oil stocks if needed: Agency Chief

Tue, 17 Mar 2026

The International Energy Agency's (IEA) ‌member countries could release more oil into the market from strategic stockpiles "as and if needed" after they agreed the largest-ever reserves release last week to offset shortages and a spike in prices, its executive director said....

Energy, Oil & Gas

Romania makes formal request to join the IEA as a Member country

Sun, 15 Mar 2026

The government of Romania has formally applied to join the International Energy Agency (IEA), marking a major step in strengthening cooperation with the agency and expanding its role in global energy governance....

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