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 : International Energy Agency
Global energy demand growth 2024 triggers gas demand spike
Global energy demand growth 2024 jumped to 2.2%, led by soaring electricity use and record renewable energy deployment....
IEA forecasts rapid growth in global power consumption through 2027
Global electricity demand is projected to rise nearly 4% annually through 2027, driven by industrial expansion, transport electrification, and rapid data center growth....
61 countries commit to ethical and inclusive AI development in Paris
The AI Action Summit in Paris saw 61 countries commit to ethical and sustainable AI, but the US and UK declined to sign the final...
IEA report urges stronger policy support for low-emissions hydrogen demand
A new IEA report highlights growing investment in low-emissions hydrogen projects but stresses the need for stronger policies to boost demand in key sectors such...
Exxon and Chevron dive deep into oil amid clean energy surge
Despite the worldwide momentum toward clean energy, two of America’s oil giants have recently placed significant bets on fossil fuels. Both Exxon Mobil and Chevron...