India, as an Associate Member of the International Energy Agency (IEA) and an active participant in international energy cooperation, welcomed the IEA's decision to release emergency oil stocks amid the prevailing supply disruptions, according to an official release.
Addressing a gathering in Kentucky, Trump said, "I'm pleased to report that earlier today, the International Energy Agency agreed to coordinate the release of a record 400 million barrels of oil from various national petroleum reserves around the world, which will substantially reduce the
Minister of Foreign Affairs of Japan Motegi Toshimitsu on Wednesday welcomed the decision made by the International Energy Agency (IEA) to implement a collective release totaling 400 million barrels of oil by the member countries, a statement by Japan's Foreign Minister said.
The International Energy Agency (IEA) on Wednesday announced the largest-ever release of emergency oil stocks in its history, making 400 million barrels of oil available to global markets to mitigate disruptions caused in the global energy supply by the ongoing West Asia conflict.
Russian oil exports saw a steep decline in November as buyers grew increasingly cautious over the risks linked to more stringent US sanctions, the International Energy Agency (IEA) said in its latest report.
Battery storage investment in India is expected to cross USD 1 billion in 2025 however, high financing costs remain a challenge, according to a recent report by the International Energy Agency (IEA).
India has emerged as a country with the third-largest growth in power generation capacity globally over the past five years, according to the latest report by the International Energy Agency (IEA).
Despite strong expectations for future demand growth, investment decisions face significant market and economic uncertainties, according to the International Energy Agency (IEA).
The IEA chief highlighted the rapid global shift toward electric vehicles, noting that electric car sales have surged from just 3 per cent of total car sales four years ago to 25% this year. "One out of four cars sold today is electric," he said. "This is mainly because electric cars are get
The session brought together representatives from Brazil, Tanzania, Malawi, Sudan, Nepal, and industry leaders including the International Energy Agency (IEA), Total Energy, and Boston Consulting Group (BCG).
India's natural gas consumption is forecast to increase by nearly 60 per cent by 2030, driven by robust growth in city gas distribution, industrial demand, and power generation, International Energy Agency said in its 'India Gas Market Report - Outlook to 2030'.