China electric cars reshape fuel demand and Venezuela oil flows
BEIJING: China’s rapid shift to electric vehicles is reshaping the world’s largest auto market and dulling growth in the transport fuel demand that once underpinned its appetite...
Tag : IEA
Global energy demand growth 2024 triggers gas demand spike
Global energy demand increased sharply in 2024, rising by 2.2% and nearly doubling its average annual growth rate of the previous decade, according to the...
IEA forecasts rapid growth in global power consumption through 2027
Global electricity demand is projected to grow at its fastest rate in recent years, increasing by nearly 4% annually through 2027, according to a new...
Ministers discuss equitable solutions for energy transitions at G20 meeting
MENA Newswire News Desk: The Global Commission on People-Centred Clean Energy Transitions, recently established by the International Energy Agency (IEA), convened for the first time...
IEA report urges stronger policy support for low-emissions hydrogen demand
MENA Newswire News Desk: A new report by the International Energy Agency (IEA) reveals a surge in low-emissions hydrogen projects, driven by increasing investment and...
Global oil dynamics shift as OPEC+ agrees on 2 million bpd cut
In a pivotal move, OPEC+ members, responsible for over 40% of global oil supply, have agreed to substantial voluntary production cuts for early next year....
Policy support and green efforts drive 11 percent increase in global heat pump sales in 2022
Global sales of heat pumps grew by 11% in 2022, according to the latest International Energy Agency (IEA) analysis, marking a second year of double-digit...
Clean energy transition to help Indonesia to diversify its economy – IEA
A recently released IEA report says Indonesia has a realistic opportunity to achieve the goal of net zero emissions by 2060. This will result in...