Secretary, Economic Relations, Ministry of External Affairs (MEA), Dammu Ravi, on Tuesday met a delegation of the International Energy Agency (IEA) in the national capital.
According to a report by Morgan Stanley, the dichotomy between the rise in electric vehicle purchases and increased oil demand challenges conventional expectations.
While this might seem like a natural part of resource utilization, the idea of peak oil has far-reaching implications and has generated both hope and fear in various quarters.
In India, the report mentioned, "Eighteen per cent of the electricity generated in India will be from solar sources by 2030, up from six per cent today."
Al Rumaithi emphasised that the visit is a continuation of the Department's tireless efforts to enhance energy efficiency and sustainability while driving the energy transition in the Emirate of Abu Dhabi.
Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and COP28 President-Designate attended the important Global Stocktake Ministerial, International Energy Agency Dialogue and Youth Ambition Majlis on Day 4 of UN General Assembly as he continued to advance his Presidency’
A local newspaper has said that the UAE, which is hosting the Conference of Parties (COP28) later this year, had begun a series of landmark meetings along with the International Energy Agency in Goa in west India on the sidelines of the Clean Energy Ministerial and the G20 Energy Transiti
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.
The Paris-based agency said much of the increase was due to a rise in exports of oil products, which returned to pre-COVID levels as they climbed by 450,000 bpd to 3.1 million bpd, reported The Moscow Times.
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.
On Saudi Arabia's announcement of cutting oil production, Fatih Biral, Executive Director of, the International Energy Agency said, "Saudi Arabia, Russia and others- the OPEC plus producers decided to cut the oil production. And when we look at the International Energy Agency's analysis and