Sunday, May 3, 2026
Today's Print

Tag: International Energy Agency

PSEi slips below 6,100 despite global rally; peso stronger

Philippine share prices fell Tuesday, bucking a rebound on Wall Street fueled by renewed ceasefire talks between the US and Iran. The benchmark Philippine Stock...

IEA, IMF, World Bank launch task force to tackle Middle East war fallout

The heads of the International Energy Agency, International Monetary Fund and World Bank Group agreed to form a coordination group to maximize their response...

Industry group urges balanced approach to remote work as energy costs rise

Federation of Philippine Industries (FPI) chairperson Elizabeth Lee said Friday the proposals to reintroduce remote work as an energy-saving measure are timely but should...

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...
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