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IEA

  • In the News

    Crucial for Tripling Global Renewables, Says IEA

    by Motoni Olodun September 24, 2024
    by Motoni Olodun September 24, 2024

    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.

  • In the News

    OPEC Sticks to Its Guns: Oil Demand on the Rise, Not Reaching Peak Anytime Soon

    by Victor Adetimilehin June 14, 2024
    by Victor Adetimilehin June 14, 2024

    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.

  • Energy Transition

    Africa’s Green Energy Projects Stalled by IMF Debt Rules, Says TotalEnergies CEO

    by Motoni Olodun February 16, 2024
    by Motoni Olodun February 16, 2024

    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. …

  • In the News

    Biden Halts LNG Exports Amid Climate Crisis

    by Victor Adetimilehin January 28, 2024
    by Victor Adetimilehin January 28, 2024

    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 …

  • In the News

    Oil Demand to Surge in 2024, IEA Says

    by Victor Adetimilehin January 19, 2024
    by Victor Adetimilehin January 19, 2024

    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 …

  • In the News

    OPEC’s 2025 Oil Demand Forecast: A Surprising Twist

    by Victor Adetimilehin January 18, 2024
    by Victor Adetimilehin January 18, 2024

    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 …

  • Energy Transition

    China’s Solar and Wind Boom Outshines Coal

    by Motoni Olodun January 12, 2024
    by Motoni Olodun January 12, 2024

    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 …

  • Energy Transition

    Africa’s Oil and Gas Industry Faces a Dilemma: To Go Green or Not?

    by Motoni Olodun December 1, 2023
    by Motoni Olodun December 1, 2023

    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 …

  • MarketsOil & Gas

    Oil Demand to Hit Record High in 2024, IEA Says

    by Motoni Olodun November 15, 2023
    by Motoni Olodun November 15, 2023

    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 …

  • Oil & Gas

    Oil Prices Fall as Demand Worries Outweigh Geopolitical Risks

    by Victor Adetimilehin November 13, 2023
    by Victor Adetimilehin November 13, 2023

    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 …

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Oil Slips as Traders Brace for OPEC+ Supply Hike, Weaker U.S. Fuel Demand
Egypt Strikes $340 Million Oil and Gas Deals to Revive Declining Output

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Oil Slips as Traders Brace for OPEC+ Supply Hike,...
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