Petrochemicals will outpace cars, trucks and aviation in future oil demand growth, even with ambitious efforts to promote recycling and promote greater efficiency.
Eight energy companies have committed to reducing the methane emissions from the natural gas assets.
The International Energy Agency is closely monitoring the impact of Hurricane Harvey on oil and gas markets.
The IEA welcomed the Italian government’s recent decision to present a consultation document for an updated 2030 - 2050 energy strategy.
The 3rd Symposium on Gas and Coal Market Outlooks was held in Paris, with the purpose of exchanging views and comparing outlooks for natural gas and coal markets in the short, medium and long term.
The IEA has welcomed the recommendations of the Task Force on Climate-related Financial Disclosures that aim to help businesses disclose the risks and opportunities presented by climate change.
In December, the industry is witnessing the first proposed output cut by OPEC since 2008, which marks a major departure from the market share policy followed for the past two years.
The Czech Republic’s energy policies have been strengthened by the adoption in 2015 of the State Energy Policy (SEP) and complementary climate policies.
Ibrahim Baylan, Sweden’s Minister for Energy, was named as the chair of the IEA's Ministerial meeting, which will be held in Paris in November 2017.