IEA Head Warns of Possible Energy Shortages
International Energy Agency (IEA) head Fatih Birol has warned of possible energy shortages next winter as relatively little new liquefied ... Read More
International Energy Agency
OPEC Expects Global Oil Demand Growth to Exceed the Increase in Supplies
OPEC’s first oil-market outlook for 2023 suggests no relief for squeezed consumers, with more crude needed from the group even ... Read More
Investment in Clean Energy Will Hit a Record this Year
Investment in clean energy will hit a record this year but fall short of what is needed to tackle the ... Read More
US-Allied Countries Agree to Their Second Coordinated Oil Release
US-allied countries on Friday agreed to their second coordinated oil release in a month to calm markets roiled by ... Read More
US to Release Crude Oil From the Country’s Petroleum Reserves
The White House announced on Tuesday that it was releasing 30 million barrels of crude oil from the country’s petroleum ... Read More
TotalEnergies Announce “Significant Discovery” of Light Oil and Gas in Namibia
France’s TotalEnergies on Thursday announced a “significant discovery” of light oil and associated gas off the coast of Namibia, ... Read More
IEA Says World Oil Supply Will Overtake Demand in December
A surge in COVID-19 cases and the emergence of the Omicron variant will dent global demand for oil, the International ... Read More
IEA: Global Oil Demand for 2021 and 2022 to Be Higher
Shortages of natural gas and coal have triggered a switch to oil, boosting demand for crude and fueling a rise ... Read More