International Energy Agency

The world’s reliable engine of crude demand growth is stalling out, and its impact on the upstream market is already being felt.

The upstream sector could help unlock geothermal energy’s potential but up to $1 trillion in project spending would be necessary over the next decade, the report says.

The International Energy Agency recently said the oil and gas industry is spending far too little on clean energy technologies.

The drop in Russian fossil fuel exports after its Ukraine invasion will transform the global energy landscape for decades and can help hasten a green energy transition, the International Energy Agency said.

Europe is providing a stark look at the vagaries of geo- and energy politics and how quickly complacency can be shattered. Will its lessons learned be heeded by the rest of the world?

Although energy efficiency has long been mentioned as a means toward achieving Paris Agreement goals, the “more exciting” announcements about carbon capture and storage grabbed attention. Will concerns about energy security and high prices help bring it to the forefront?

'I’m honored that IEA members have put their trust in me to lead the agency into a new era following what I believe may turn out to be the most consequential ministerial meeting in the IEA’s near 50-year history,' Birol said.

With Russia’s invasion of Ukraine resulting in lower supplies to oil markets ahead of peak demand season, the International Energy Agency has released a plan that it says can cut global oil demand by 2.7 million BOPD, easing strains and price pain.

The 31-member group approved its fourth coordinated release since 1974 in response to the looming supply disruptions caused by Russia's invasion of Ukraine.

The agency’s new Global Methane Tracker analysis reports that methane emissions from the energy sector are 70% higher than official figures.