International Energy Agency (IEA)

Energy

IEA launches IEA Regional Cooperation Centre in S’pore, its first office outside of Paris

It will serve as a hub for the IEA’s activities and engagements in Southeast Asia and beyond.

Climate change

Climate change is pushing power demand and straining grids

Heat waves will continue to push electricity demand, with May the Earth’s 12th consecutive month of record-breaking temperatures.

Environmental, Social and Governance

High-quality carbon credits can help attract private capital to fund clean energy tech: GenZero, IEA report

By the early 2030s, US$4.5 trillion will be needed annually to deploy clean energy tech, up from US$1.8 trillion in 2023.

Oil & Gas

Oil demand growth shows signs of sharper slowdown, IEA says

The IEA sliced nearly 400,000 barrels a day from assessments of consumption growth for the final three months of 2023.

Oil & Gas

Global oil demand to reach its peak this decade, IEA says

The world will consume as much as 102 million barrels a day of oil by the late 2020s.

Sustainability

Net zero by 2050 still possible with rapid renewables expansion: IEA

Achieving net zero by 2050 is still possible, but requires tripling renewable energy capacity by the end of the decade.
Oil demand growth to slow dramatically as peak nears: IEA - THE EDGE SINGAPORE

Oil & Gas

Oil demand growth to slow dramatically as peak nears: IEA

The use of gasoline — the second-biggest oil product — will go into decline from 2023.

Oil & Gas

OPEC+ may push up oil price, but China most important, IEA Says

60% of the growth expected this year in global oil demand is set to come from China, says IEA's Fatih Birol.

Sustainability

Creating green buildings with smart cooling, efficient grids

“The green agenda puts pressure on organisations to invest in sustainable solutions that could cost more than initial rewards.”

Oil & Gas

Oil advances after slumping on back of IEA reserve release plan

West Texas Intermediate rose past US$97 ($131.89) a barrel after retreating by more than US$5 on Wednesday.
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