The Vienna agreement from 14 July 2015 on Iran’s nuclear activities was a game changer for the oil market in the Middle East. The oil
Tag: IEA
Global Energy Efficiency Agenda Up and Running
The International Energy Agency (IEA) held its third annual global conference on energy efficiency in Paris last week. The gathering brought together more than 200
Market Update: Oil Prices Slump as US Sanctions on Iran Loom Large
Brent oil prices has gone down recently in response to the rising global supply and persisting weakness in global stock markets despite the coming sanctions
Expert Analysis: The Power of China’s Energy Efficiency Policies
In just a few years, China has gained the status of an energy efficiency champion. From 2010 to 2015, while China’s GDP grew at a rate
American Oil Giants Join to Fight Methane Emissions in a Climate Initiative
Some of the world’s leading oil and gas companies said that they would decrease methane emissions to 0.25% of their total production by 2025 against
Market Update: China-US Tariff War to Negatively Impact Global Oil Consumption
The world’s oil consumption could be negatively affected by the escalating trade dispute between the United States and China, the International Energy Agency (IEA) cautioned
Market Update: Saudis Remain Committed to Oil Output Cut Deal
Saudi Arabia is committed to sticking with the petroleum output freeze for the remainder of this year even if it means to “overbalance the market
Oil Markets’ Rebalancing Faster Thanks to Venezuelan Output Cut
Global oil markets are rebalancing fast following a falling supply from Venezuela, which has posted last year’s biggest unexpected production fall and could see further
Expert Analysis: Electrifying the Developing World as EU’s Development Goal
According to the International Energy Agency (IEA), 1.2 billion people are currently living without access to electricity. This situation is especially disconcerting given the fact
Market Update: European Oil Giants Hurry to Drill in Inhospitable Northern Waters
European companies are planning to drill oil in the continent’s northern waters as world leaders prepare to meet for UN climate talks in Germany. Oil