Oil & Gas News (OGN)

Tag: IEA

Energy, Oil & Gas

IEA urges members to consider additional diesel releases amid tightening markets

Mon, 12 Oct 2026

The International Energy Agency (IEA) has urged member countries to accelerate diesel stock releases and consider additional supplies as global markets tighten. Fatih Birol, Executive Director, called for coordinated action ahead of the agency’s October 15 Governing Board meeting....

Energy, Oil & Gas

IEA says faster electrification could bring 35pc global target within reach by 2035

Wed, 23 Sep 2026

Faster electrification of the global economy could strengthen energy security, improve competitiveness and reduce emissions, with cost-effective technologies potentially bringing a proposed global target of 35 per cent electrification within reach by 2035, according to a new International Energy Agency (IEA) report....

Energy, Oil & Gas

Global coal demand set to rise in 2026 amid Mideast conflict: IEA

Sun, 13 Sep 2026

Global coal demand is now forecast to rise 1.2 per cent in 2026 to a record 8.94 billion tonnes, as disruptions from the Middle East conflict push up natural gas prices and encourage greater coal-fired power generation, according to the International Energy Agency’s (IEA) Coal Mid-Year Update 2026....

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....

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