International Energy Agency news
IEA to set out net-zero roadmap
The IEA has announced that it will produce a report entitled ‘The World’s Roadmap to Net Zero by 2050’, among other new projects, in the lead up to the COP26 Summit in November.
IEA: permanent oil refinery closures accelerating
Permanent refining capacity closures expected for 2020 – 2021 have risen to about 1.7 million bpd, the IEA has said in its monthly report.
IEA: refining throughput set to increase in 4Q20
Global refining throughput will increase in the last quarter of the year by more than 2 million bpd, according to the International Energy Agency.
IEA releases World Energy Outlook 2020
Amid deep disruption and uncertainty caused by the pandemic, the IEA believes that a surge in well-designed energy policies is needed to put the world on track for a resilient energy system that can meet climate goals.
OMV refinery implements measures to reduce CO2 emissions
OMV has pledged to reach net-zero emissions of operations (Scope 1 and 2) by 2050 or sooner.
IEA publishes energy policy review
The IEA’s new report suggests recommendations to help the EU meet its 2030 targets.
IEA presents its Sustainable Recovery Plan
IEA’s Sustainable Recovery Plan offers a three-year roadmap for energy industries that will ensure a greener post COVID-19 economic recovery.
IEA discusses clean energy post Covid-19
IEA explores the effects of Covid-19 on the energy industry in a series of reports, ranging from the decline in fuel prices to hydropower generation in Africa.
OECD and IEA: Redirect fossil-fuel investment to sustainable energy
During this period of low oil prices, governments should focus on investing in low-carbon energy, the OECD and IEA state.
IEA: Energy investment falls
According to the IEA’s new report, the Covid-19 pandemic will cause global investment to fall dramatically in every major energy sector, including the oil and gas industry.