OPEC+ meeting June 1 to discuss current output policy Oil market will tighten without a faster easing of production cuts: Birol Oil prices approach three-month high despite potential deal with Continue Reading
Investment in energy is on track to recover by nearly 10% in 2021 as the world emerges from the COVID-19 pandemic, the International Energy Agency (IEA) said on Wednesday, but Continue Reading
Last week the International Energy Agency (IEA) released a new report detailing the steps that would be required to get the world to net?zero carbon emissions (NZE) by 2050. The Continue Reading
A stark appeal by the world’s top energy body to stop investment in new fossil fuel projects by next year has met a mixed reception from the world’s top producers Continue Reading
Rigzone looks back at oil and gas market hits and misses for the week ending May 21, 2021. (The views and opinions expressed in this article are those of the Continue Reading
What is the best way to reach net zero emissions by 2050? The International Energy Agency, a Paris-based oil watchdog, has mapped out a pathway that it says is “narrow Continue Reading
The bombshell suggestion of the International Energy Agency (IEA) that the world doesn’t need any new oil and gas investments ever if it is to reach net-zero emissions could further Continue Reading
The eventual death of oil and thermal coal won’t come from environmentalists or even directly from renewable energy–it will come when big banks decide to stop financing it, rendering it Continue Reading
Earlier this year a full-page colour ad appeared in the press: “Who is Fatih Birol playing for?” it asked, picturing the head of the International Energy Agency dressed in football Continue Reading
An immediate halt to oil exploration is one of the steps that need to be taken in order for the world to reach Paris Agreement climate change commitments. That’s what Continue Reading
