Tag: IEA

Energy, Oil & Gas

IEA members plan record oil stock release amid Mideast conflict

The 32 Member countries of the International Energy Agency unanimously agreed to make 400 million barrels of oil from their emergency reserves available to the market to address disruptions in oil markets stemming from the war in the Middle East....

Energy, Oil & Gas

Battery tech dominates patent landscape in energy security push: IEA

The world’s energy innovation is entering a security-focused phase, driven by industrial competitiveness and infrastructure resilience, according to the International Energy Agency (IEA). Energy technologies now form multi-trillion-dollar markets, with innovation spanning batteries, transformers, turbines, motors, and heat exchangers. ...

Energy, Oil & Gas

Global battery market surges alongside supply challenges: IEA

The global lithium-ion battery market surpassed $150 billion in 2025, growing over 20 per cent from 2024. Batteries are key for automotive, power systems, digital infrastructure, and emerging technologies, becoming foundational to modern economies while raising strategic concerns over supply security and industrial competitiveness....

Energy, Oil & Gas

Türkiye, IEA explore opportunities within the framework of COP31

Alparslan Bayraktar, Turkish Minister of Energy and Natural Resources, discussed potential cooperation opportunities with Fatih Birol, Executive Director of the International Energy Agency (IEA), within the scope of the COP31 climate conference which Turkey is hosting later this year....

Energy, Oil & Gas

Policy support fuels growth in India’s bioenergy sector: IEA

India’s bioenergy sector is set to play an important role underpinning the country’s rapidly growing energy markets as robust policy frameworks boost ethanol and compressed biogas production and open new opportunities for biodiesel and sustainable aviation fuels, according to new report from the International Energy Agency (IEA)....

Energy, Oil & Gas

Global gas demand to accelerate from 2026 as LNG expands: IEA

The International Energy Agency (IEA) says rising LNG supply will help rebalance global gas markets in 2026, boosting demand growth after a 2025 slowdown. Tight supplies and high prices curbed consumption earlier, especially in Asia, before easing as LNG production rose nearly 7 per cent....

Energy, Oil & Gas

Global energy jobs rise 2.2pc despite labour shortages: IEA

Strong investment in energy infrastructure lifted global energy jobs by 2.2 per cent last year, the IEA reports. Employment reached 76 million in 2024, with the power sector driving most growth. The sector created 2.4 per cent of net global jobs despite skilled-labour bottlenecks in key areas worldwide today....

Energy, Oil & Gas

Brazil expands LNG import infrastructure: IEA

Companies operating in Brazil have expanded the country’s liquefied natural gas (LNG) regasification infrastructure since 2020, more than doubling its import capacity as the country seeks to diversify its energy supply and enhance energy security, according to US Energy Information Administration (EIA)....

Energy, Oil & Gas

Coming surge in LNG production is set to reshape global gas markets: IEA

Global gas markets are set to undergo major changes by the end of this decade, with a coming wave of liquefied natural gas (LNG) production capacity set to transform market dynamics, according to the latest edition of the International Energy Agency (IEA) medium-term outlook....

Energy, Oil & Gas

IEA expects global oil market to remain oversupplied in 2026

The International Energy Agency (IEA) forecast a global oil market oversupply of 4 million barrels per day (bpd) in 2026, citing the recent increase in crude oil supplies from the Middle East and the Americas. It noted that this increasingly underscores the need for market change....

Energy, Oil & Gas

Mozambique can leverage its energy wealth to drive growth: IEA

To serve a rapidly growing population, Mozambique’s significant energy resources can support government efforts to achieve universal access to electricity and clean cooking while charting a path to economic development, according to the International Energy Agency (IEA) first ever energy policy review of the country....

Energy, Oil & Gas

IEA hosts symposium on outlooks for natural gas, coal markets

Seventy energy experts convened at the IEA headquarters in Paris for the 7th Joint IEA-IEF-Opec Symposium, discussing global natural gas and coal market developments. Participants included representatives from the energy sector, international institutions, governments, and academia, focusing on future market evolutions....

Energy, Oil & Gas

IEA estimates 4,600 GW rise in global renewable capacity by 2030

Renewable electricity generation is expected to more than double globally by 2030, driven by solar PV growth, according to the International Energy Agency (IEA). Despite supply chain issues and financial pressures, global renewable power capacity could rise by 4,600 GW, equivalent to the total capacity of China, the EU, and Japan combined....