This is Beirut, 09:40 - Reading : 2 minute(s)
Europe United States IEA COP28 Renewable Energy
Growth in renewable energy, a key part of efforts to limit dangerous climate change, is slowing down due to policy changes in the United States and China and will fall short of a key goal, the International Energy Agency said Tuesday. Only two years ago the global community set the goal of tripling renewable energy output by 2030 to limit the ...
This is Beirut, 11/09 12:20 - Reading : 1 minute(s)
Global oil supply hit a record high in August as OPEC+ and other countries ramped up production, with a looming surplus keeping prices in check, the International Energy Agency said Thursday. Eight key members of OPEC+ group, including Saudi Arabia and Russia, have been gradually increasing production since April after restricting output in ...
This is Beirut, 11/07 17:25 - Reading : 1 minute(s)
Growth in oil demand is anemic globally, with several countries in the crosshairs of US President Donald Trump's tariff threats suffering drops, the IEA said Friday. Annual growth in oil demand fell from 1.1 million barrels per day (mbd) in the first quarter of the year to just 0.5 mbd in the second, the International Energy Agency said in ...
This is Beirut, 24/04 13:50 - Reading : 3 minute(s)
Energy security IEA Renewable energy Fossil fuels
An international summit on the future of energy security opens in London on Thursday, amidst major disagreements over the role of renewables in satisfying the world's thirst for energy. The two-day International Energy Agency (IEA) meeting takes place amid global economic turmoil sparked by wars in Ukraine and the Middle East. It also comes at a ...
This is Beirut, 13/03 14:00 - Reading : 1 minute(s)
Global oil demand growth is set to accelerate this year but the escalating trade war launched by US President Donald Trump threatens to disrupt the market, the International Energy Agency said Thursday. The IEA noted that crude prices dropped in February and early March as concerns grew about the impact of trade tensions on the global economy and ...