Showing 1 - 10 of 58
Renewables outpace fossil fuels despite US policy shift: IEA
AFP, Published on 12/11/2025
» PARIS - Renewable energy is still expanding faster than fossil fuels around the world despite policy changes in the United States, with oil demand possibly peaking "around 2030", the International Energy Agency (IEA) reported on Wednesday.
Tech giants’ net zero goals ‘verging on fantasy’
AFP, Published on 26/06/2025
» PARIS - The credibility of climate pledges by the world’s tech giants to rapidly become carbon neutral is fading fast as they devour more and more energy in the race to develop AI and build data centres, researchers warned Thursday.
Methane emissions from energy sector near record high
Reuters, Published on 13/03/2024
» LONDON - Methane emissions from the energy sector remained near a record high in 2023 despite a raft of commitments from the oil and gas industry to plug leaking infrastructure, a report by the International Energy Agency (IEA) said on Wednesday.
Waning influence of OPEC+ in spotlight as prices flag
AFP, Published on 20/12/2023
» LONDON - Despite slashing oil production for months on end and announcing new cuts in late November, the Organization of the Petroleum Exporting Countries (OPEC) and its ten allies have struggled to boost flagging prices.
'It's finished!': IEA boss says COP28 bid farewell to fossil fuels
AFP, Published on 15/12/2023
» PARIS - While the UN's COP28 climate summit marked a pivot moment, when the world pledged to say "goodbye" to fossil fuels, International Energy Agency chief Fatih Birol told AFP on Friday, it needs to now urgently boost finance for the energy transition in developing countries.
Coal use hits record in 2023, Earth's hottest year
AFP, Published on 15/12/2023
» PARIS - Global consumption of coal reached an all-time high in 2023, the IEA energy watchdog said Friday, as Earth experienced its hottest recorded year.
Over 110 countries support tripling renewables by 2030: EU chief
AFP, Published on 02/12/2023
» DUBAI - More than 110 countries want the COP28 climate negotiations to adopt a goal of tripling renewable energy and doubling energy efficiency by 2030, European Commission President Ursula von der Leyen said Friday.
COP28 puts spotlight on state oil giants
AFP, Published on 01/12/2023
» PARIS - Western energy firms are the usual suspects when it comes to criticism about the sector's role in climate change, but a less visible lineup of powerful state companies dominates the industry.
Oil firms face 'moment of truth' in climate crisis: IEA
AFP, Published on 23/11/2023
» PARIS: Oil and gas firms will face a crucial choice at UN climate talks next week between contributing to the climate crisis or embracing the clean energy transition, the International Energy Agency said Thursday.
Top consultancy undermining climate change fight: whistleblowers
AFP, Published on 07/11/2023
» PARIS - The world's top management consultancy McKinsey & Company is using its position as a key advisor to the UN's COP28 climate talks to push the interests of its big oil and gas clients, undermining efforts to end the use of the fossil fuels driving global warming, according to multiple sources and leaked documents.