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 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...
61 countries commit to ethical and inclusive AI development in Paris
Representatives from 61 countries gathered in Paris for the Artificial Intelligence (AI) Action Summit, reaching a consensus on principles for ethical and inclusive AI development....
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...
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...