IEA

Oil & Gas: IEA Sees Oil Investments Falling 6 Percent in 2025 on Lower Demand, Prices

Posted on by Mozambique Resources Post
Oil & Gas: IEA Sees Oil Investments Falling 6 Percent in 2025 on Lower Demand, Prices

Global oil investments are expected to drop 6 percent in 2025, in the first such decline in a decade excluding the year of the Covid slump, according to the International Energy Agency. “This decline in oil investment is driven by the economic uncertainties, the lower demand expectations, and lower prices,” IEA Executive Director Fatih Birol said in an interview as the agency published its annual World Energy Investment report. The drop is mostly the result of…

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First ever IEA Critical Minerals and Clean Energy Summit to take place on 28 September

Posted on by Mozambique Resources Post
First ever IEA Critical Minerals and Clean Energy Summit to take place on 28 September

The International Energy Agency will host the first ever international summit on critical minerals and their role in clean energy transitions on 28 September 2023 in Paris. The IEA Critical Minerals and Clean Energy Summit will take place at IEA headquarters in Paris and will focus on measures to promote the secure, sustainable and responsible supply of raw materials that have a central role the global clean energy transition. Please note the new information for media and press access further down…

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International Cooperation required to get in track for 1.5C Climate Goal – IEA

Posted on by Mozambique Resources Post
International Cooperation required to get in track for 1.5C Climate Goal – IEA

Countries must supercharge international collaboration on technologies and markets for sectors such as power, transport, industry, buildings and agriculture, new report finds Insufficient progress in transitions to clean technologies and sustainable solutions over the past year highlights the need for strong and targeted international collaboration in high emissions sectors to deliver transitions that are faster, easier and cheaper for all, according to the latest Breakthrough Agenda Report. The new report – an annual collaboration between…

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Global Market: America to lead global oil supply growth, no peak demand in sight

Posted on by Mozambique Resources Post
Global Market: America to lead global oil supply growth, no peak demand in sight

The United States will drive global oil supply growth over the next five years thanks to the remarkable strength of its shale industry, triggering a rapid transformation of world oil markets according to the International Energy Agency’s annual oil market forecast. By the end of the forecast, oil exports from the United States will overtake Russia and close in on Saudi Arabia, bringing greater diversity of supply.

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