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Natural gas supplies will grow even tighter in 2023, and its 'very obvious' who was behind the Nord Stream pipeline sabotage, IEA chief says

It's "very obvious" who was behind the Nord Stream attacks, IEA director Fatih Birol said, warning …

Jennifer Sor   


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IEA chief warns of summer fuel shortages and a triple energy crisis that will outstrip the oil shocks of the 1970s

"We have an oil crisis, a gas crisis and an electricity crisis simultaneously," the International E…

George Glover   


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Summer demand could send oil prices spiking and trigger a global recession, IEA chief warns

All players in global energy markets should do their bit to avert damaging price rises, Internation…

Harry Robertson   


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The world has never seen an energy crisis like this before and may not have seen the worst of it yet, IEA chief says

Consumers and businesses everywhere are feeling the pinch of soaring energy prices after Russia inv…

Zahra Tayeb   


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Expect the natural gas market to tighten if China rebounds to compete with Europe for supply, IEA chief says

IEA's Fatih Birol warned only 20 billion cubic metres of new LNG capacity will enter the market nex…

Zahra Tayeb   


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Japan can help ease Europe's energy crisis by restarting more nuclear power plants, IEA chief says

"Japan will import less LNG and more LNG will become available in the market, helping Europe surviv…

Brian Evans   


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IEA chief trashes Russia's plan to switch gas exports to Asia from Europe, saying it will take at least 10 years - 'You're not selling onions'

The Kremlin has "already lost the energy battle" against Europe, which is looking for alternative s…

Brian Evans   


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US LNG has eclipsed Russian pipelines for the first time as a source of natural gas for Europe, IEA says

"The drop in Russian supply calls for efforts to reduce EU demand to prepare for a tough winter," I…

Brian Evans   


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OPEC+ may need to lift its oil output given signs China's reopening could deliver a strong boost to demand, IEA chief says

The IEA's executive director, Fatih Birol, expects half of global oil demand growth to come from Ch…

Zahra Tayeb   


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A complete Russian gas cutoff would force Europe to slash consumption by up to 30%, says IEA chief

Earlier this month, Russia cut natural gas flows to Germany via the Nord Stream pipeline by 60%.

Brian Evans   


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Europe's at risk of a natural gas shortage next year, and stockpiles may only get 65% full, IEA says

IEA chief Fatih Birol said "there is a danger of complacency creeping into the conversation around …

Phil Rosen   


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The US is set to become the world's biggest oil exporter thanks to the fracking revolution

The US is set to become a net energy exporter by 2021, with its shale production rising by a record…

Callum Burroughs   


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India is now an associate member of International Energy Agency

India will now be involved in the key committees and dialogues of the IEA, and in its capacity as t…

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Climate crisis: Net zero goal still alive, says IEA

Globally, the rate at which people are installing solar panels and buying electric vehicles is "per…

PTI   


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Here are 5 things that can be done to avert an energy crisis in Europe, according to the IEA

Europe is now in "a constant state of uncertainty over Russian gas supplies," the IEA chief said, w…

Jennifer Sor   


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Oil falls almost 3%, pulling back on its rally after the IEA says it will work on easing oil prices in a hurry

"If there is a need, we can bring more oil to the markets," the agency's head said at an energy con…

George Glover   


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It's the beginning of the end for global oil demand, IEA chief says

New projections suggest the age of relentless growth for energy demand is about to let up, the Inte…

Phil Rosen   


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Russia's unexpectedly buoyant oil output since invading Ukraine will stall as Western sanctions eventually bite, IEA chief says

The absence of Western service companies and technology providers will eventually bite Russian oil …

Zahra Tayeb   


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Energy demand is set to plummet this year as coronavirus presents the biggest shock since World War ll, IEA says

"The plunge in demand for nearly all major fuels is staggering, especially for coal, oil and gas," …

Carmen Reinicke   


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The world is in the middle of the 'first truly global energy crisis' and needs Russian oil to flow into the market, IEA chief says

The OPEC+ move to slash oil output raises the risk of a global recession, Fatih Birol warned, but s…

George Glover