International Energy Agency

IEA to launch largest-ever oil release from strategic reserves, US to contribute 172 million barrels

March 12, 2026 2:21 pm

The IEA said all the 32 member countries backed this sixth coordinated stockpile release since the agency's inception in the 1970s

Growing divergence in global energy forecasts hurting energy security, transition, says International Energy Forum

February 23, 2024 10:54 am

The IEF report has flagged the issue of enormous variance in energy forecasts at a time when the entire world is debating the likely contours and timelines of global energy transition. India, which depends on oil and gas imports to meet a bulk of its energy needs, has set a target to achieve net-zero emission status by 2070.

India’s Energy Conservation Building Code, 2017: Why the IEA called it a ‘notable exception’ among developing countries

November 09, 2023 11:12 am

Paris-based International Energy Agency highlighted India’s Energy Conservation Building Code (ECBC), 2017 as something that sets it apart from other developing economies where “energy efficiency in buildings stands out as a laggard”.

Solar power investment overtakes oil for first time: IEA

May 25, 2023 5:45 pm

The IEA projects investment in solar power to hit $380 billion (€354 billion) in 2023, compared to investments in oil exploration and extraction at $370 billion (€345 billion).

COP28 president-designate urges oil industry to phase out methane emissions by 2030, eliminate carbon intensity

May 11, 2023 2:45 am

Speaking at the inaugural UAE Climate Tech summit, Sultan Ahmed Al Jaber said that while the world continues to use hydrocarbons, everything possible must be done to “reduce and eventually eliminate its carbon intensity”.

Global coal consumption to reach all-time high this year: IEA

December 16, 2022 3:27 pm

The IEA's annual report on coal forecasts global coal use is set to rise by 1.2% this year, exceeding 8 billion tonnes in a single year for the first time and a previous record set in 2013.

Russian oil supply drop to double in May: IEA

April 13, 2022 2:47 pm

The Russian shut-in is proceeding more slowly than the IEA had predicted last month when it saw the 3 million bpd loss taking effect from April.

IEA releases extra oil to calm prices: India backs decision

April 08, 2022 1:34 am

India had in November announced that it would release 5 million barrels from the strategic reserve as part of a coordinated effort with other crude oil importing countries to stabilise the price of crude oil.

IEA warns world's clean energy transition is 'too slow'

October 13, 2021 6:44 pm

Fossil fuel use could peak in just a few years. Still, major challenges loom.

October 13, 2021 5:11 pm

The International Energy Agency now projects that humanity’s emissions of carbon dioxide will reach a peak by the mid-2020s and then drop slowly in the decades thereafter.