International Energy Agency

The roadmap presented by the International Energy Agency requires extreme measures that could be career changing for petroleum engineers.

The International Energy Agency is launching a global commission to address the effects on employment and society from the transition to renewable energy from fossil fuels, it said. The commission, chaired by Denmark, will include energy ministers from Canada, Norway, Mexico, and Oman. It will also include US energy officials, as Washington shifts course under Preside…

Technology innovation, job creation, inclusive and equitable recoveries, and sustainable electricity headline discussions at high-level summit.

A new report from the IEA forecasts the global oil and gas industry will suffer a $1-trillion loss in revenue as a global pandemic saps demand and crushes prices. It might also set the stage for a price swing in the next few years.

Nymex WTI crude opened Monday on track for its worst day on record, falling nearly 40% to $11.05/bbl on the back of excess supply vs. low demand and dwindling storage capacity.

A new report shows that the worst of the ongoing downturn may be soon over. A gradual recovery to global oil markets is expected to begin in the next few weeks.

Annual report says that governments have the greatest capacity and responsibility to shape the energy future.

Trade tensions and economic sentiment take a toll.

The country continues to step up its delivery of shale gas, but has a long ways to go to meet the government's target.

The scheme by OPEC and non-OPEC producers to collectively curb oil production has brought stability to the global market—which, as a result, could soon be awash in “a second wave” of US shale output growth.