Time to shine: Solar power is fastest-growing source of new energy
Solar power was the fastest-growing source of new energy worldwide last year, outstripping the growth in all other forms of power…
Oil hits seven-month high as producers say market rebalancing
Oil prices rose on Monday to their highest in seven months after major producers said at a meeting in Vienna…
IEA: Norway contributes to global energy security, while seeking to decarbonise its energy supply
Norway manages its significant hydrocarbon resources and revenues in a sustainable way, and remains a reliable supplier of oil and…
China-led electric car boom shakes up metals market as cobalt sees 150% surge
Demand for cobalt has soared in the past year as investors expect inexorable growth in the global electric vehicle industry…
Top oil trader warns shaky demand risks thwarting OPEC’s aim
OPEC and its allies are seeking to pump less for longer in a quest for higher prices. The world’s biggest…
Russia struggles to unleash clean energy potential
In the rocky hills of southern Siberia, five hydropower plants operated by Russia’s EN+ Group churn out green electricity at one-sixth…
U.S. gasoline demand falls for second straight month: EIA
U.S. gasoline demand fell 2.4 percent in February from a year earlier, the second straight monthly decline, according to data…
Energy carbon emissions in 2016 flat for third year – IEA
A greener energy mix helped keep energy-related carbon dioxide emissions flat in 2016 yet more needs to be done to…
Oil overhang points to need for extended OPEC output cuts
An OPEC-led production cut may well be accelerating a drawdown in global oil stocks that began last year, but implementing…
Birol, IEA: The future of renewable energy in Poland looks uncertain
Poland’s new energy strategy should put the country on a pathway towards a cleaner energy system while strengthening energy security,…
IEA – Winter challenges for energy security in France
As a particularly cold winter settles on Europe, France finds itself experiencing peak electricity demand close to the historic peak…
IEA sees global market awash with oil in 2017 if no OPEC cut
The oil market surplus may run into a third year in 2017 without an output cut from OPEC, while escalating…
New benchmark: Green power installations beat fossil fuel for first time
Renewable energy reached an important turning point last year with record new installations of emissions-free power surpassing sources that burn…
Energy investments down by 8%, renewables up to record levels – IEA
Global energy investment in 2015 amounted to $1.8 trillion, down eight percent from 2014 mainly due to a sharp fall…
IEA: Global oil demand will slow in 2017
The International Energy Agency expects that in 2017, the oil demand will grow at a slower pace than in 2016…
IEA Cuts Oil Surplus Estimate, Sees Market Balance in 2017
The global oil market will be almost balanced next year as demand continues to rise faster than production, while the…
US shale oil hard hit by crude prices
U.S. shale oil production will drop 9 percent next year as a crude price below $50 a barrel “slams brakes”…
IEA: Low oil prices to bite into 2015 U.S. shale growth
Falling oil prices may cut investment in U.S. shale oil by 10 percent next year, the International Energy Agency (IEA)…