New IEA medium-term report sees oil use for transport going into decline after 2026, but overall consumption is expected to be supported by strong petrochemicals demand.
Growth in the world's demand for oil is set to slow almost to a halt in the coming years, with the high prices and securit
Birol made this statement during a G20 event in New Delhi, emphasizing the "rapid growth of electrification in cars and buses in China as one of the reasons behind this projection," as reported by Reuters.
Highlighting the significant role of India in global energy affairs, Fatih Birol, the Executive Director of the International Energy Agency (IEA), emphasized that India holds a central position and is a major player in the field of solar energy.
Mumbai (Maharashtra) [India], April 21 (ANI/PNN): Catalyst Entertainment, a leading Production House & Event Management Company, successfully organized the first season of Indian Pride Walk (IPW) & Indian Excellence Award (IEA) on 9th April 2023. The event was held in Mumbai and witn
Russia's supplies by sea grew by 0.6 million barrels per day to 8.1 mn barrels per day, the agency said, adding that deliveries of petroleum products rose by 450,000 barrels per day month-on-month to 3.1 million barrels per day.
Renewable sources are expected to dominate the growth of the global electricity supply over the next three years as together with nuclear power they meet the vast majority of the increase in global demand.
The Petroleum Planning and Analysis Cell (PPAC), under the ministry of petroleum and natural gas (MoPNG), has signed a statement of Intent (SoI) with International Energy Agency (IEA) to strengthen cooperation in the field of data and research and enhance global energy security, stability
The IEA also predicts that global coal production will peak in 2023, only slightly above the 2022 level and fall to 8.221 billion tonnes by 2025, below the 2022 level.
Critical minerals such as copper, lithium, nickel, cobalt and rare earth elements are essential components in many of today's rapidly growing clean energy technologies - from wind turbines and electricity networks to electric vehicles, according to International Energy Agency (IEA).
New Delhi [India], October 14 (ANI): Citing eastimates by the International Energy Agency (IEA), Union Minister of Petroleum and Natural Gas (MoPNG) Hardeep Singh Puri on Friday said India will contribute a quarter (25 per cent) of the growth in global energy consumption in the coming two de
New Delhi [India], September 15 (ANI): Growth in global crude oil demand continues to decelerate, weighed down by renewed Chinese lockdowns and an ongoing slowdown in the OECD region, global energy body International Energy Agency said in its latest report.
Beijing [China], July 11 (ANI): China's nuclear power innovations have alerted countries in the West, making them apprehensive whether the country will assert itself as a global leader in climate-friendly technology if the innovations work.