Friday, December 12, 2025
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Tag: International Energy Agency

International Energy Agency forecasts lower LNG prices in next five years

SINGAPORE—The International Energy Agency (IEA) forecasts liquefied natural gas (LNG) prices will go down in the next five years, a development that could significantly...

AI surge to double data center electricity demand by 2030—IEA

PARIS—Electricity consumption by data centers will more than double by 2030, driven by artificial intelligence applications that will create new challenges for energy security...

US energy agency: PH posts highest RE growth in Southeast Asia

A report by the International Energy Agency (IEA) shows that while Vietnam will remain the largest renewable energy market in the Southeast Asian region,...

Renewable electricity to outstrip coal next year—IEA

Paris, France—The amount of electricity produced from renewable sources worldwide is set to surpass output from coal-fired plants for the first time in 2025,...

COP28 pledges meet only 30% of needed energy emission cuts: IEA

Pledges made so far at the COP28 climate summit will only reduce energy-related greenhouse gas emissions by 30 percent of what is needed by...

High fossil fuel use putting UN climate targets out of reach: IEA

By Nathalie ALONSO Paris, France -- The International Energy Agency warned Tuesday that energy policies must evolve if global warming is to be limited to...

China, rich nations told to expedite net zero race

PARIS, France—Rich and developing nations alike must sharply improve their net-zero targets, the International Energy Agency said Tuesday, warning that a clean energy surge...

Diokno: ‘Huge damage’ to PH if fuel excise taxes suspended

Finance Secretary Benjamin Diokno on Tuesday said suspending the collection of excise taxes on petroleum products, as House Speaker Martin Romualdez suggested the government...

Saudi, Russian oil cuts to cause big supply shortfall — IEA

PARIS France—Oil cuts by OPEC+ allies Saudi Arabia and Russia will cause a “significant” global supply shortfall through the end of the year, raising...

IEA trims forecast on oil demand as interest rates bite

PARIS, France—The IEA trimmed its forecast for 2023 oil demand for the first time this year as macroeconomic headwinds including higher interest rates bite,...

World not on track to reach renewable energy objective

The world is not on track to meet Sustainable Development Goal 7, or the agenda that seeks to ensure access to affordable, reliable energy...

EV demand rises, to impact energy industry, IEA says

Paris, France—Sales of electric vehicles are booming and are expected to account for nearly one in five cars sold this year, according to a...

Global energy-related C02 emissions rose 0.9% to reach new record in 2022

PARIS, France - A jump in renewables and efficiency efforts helped blunt a feared runaway in carbon emissions growth from a surge in coal...

IEA tells energy firms to cut methane emissions

PARIS, France—Oil and gas companies are not doing enough to cut methane emissions the International Energy Agency said Tuesday, despite high energy prices making...
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