The IEA stresses that the next round of NDCs will be crucial for tripling global renewable energy capacity by 2030, urging governments to boost commitments and investments.
IEA
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OPEC, the world’s leading oil producer group, contradicts the IEA’s forecast of imminent peak oil demand. OPEC maintains a bullish outlook, expecting oil consumption to rise for decades to come.
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Africa has enormous potential for renewable energy projects, but many of them are being held back by the International Monetary Fund (IMF), according to Patrick Pouyanne, the CEO of TotalEnergies. …
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The US president, Joe Biden, has announced a pause on approvals for new liquefied natural gas (LNG) export terminals, a move that has been welcomed by climate activists but criticized …
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The International Energy Agency (IEA) has revised its global oil demand growth forecast for 2024, but it still falls short of OPEC’s expectations. The IEA, which advises industrialized countries on …
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The Organization of the Petroleum Exporting Countries (OPEC) has released its first-ever forecast for oil demand in 2025, and it may surprise some analysts and investors. According to OPEC, the …
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China is set to cement its status as the world’s leader in renewable energy, adding more solar and wind capacity in the next five years than the rest of the …
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Africa is at a crossroads as it faces a dilemma: to pursue its economic development through fossil fuels or to embrace a green energy transition. This is the main issue …
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The International Energy Agency (IEA) has released its latest oil market report, forecasting a strong recovery in global oil demand in the next two years. According to the IEA, oil …
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Oil prices have been on a downward trend for the past three weeks, as signs of weakening demand from major consumers such as China, the US and Europe overshadow the …