The 31 member countries of the governing board of the International Energy Agency (IEA) on Tuesday agreed to release 60 million barrels of oil from their emergency reserves to send a unified and strong message to global oil markets that
New Delhi, Oct 28 (IANS) Spending on clean energy amounts to 3 per cent of the $16.9 trillion that governments have so far mobilised to bolster their economies from the recession triggered by the Covid-19 pandemic, the latest update from the
New Delhi, Oct 20 (IANS) G7 members are well placed to fully decarbonise their electricity supply by 2035, which would accelerate the technological advances and infrastructure rollouts needed to lead global energy markets towards net-zero emissions by 2050, a new report
New Delhi, Feb 9 India’s ability to ensure affordable, clean and reliable energy for its growing population will be vital for the future development of its economy, but avoiding the kind of carbon-intensive path previously followed by other countries will
The Framework for Strategic Partnership between the International Energy Agency (IEA) members and the Government of India was signed on 27th January, 2021 to strengthen mutual trust and cooperation & enhance global energy security, stability and sustainability.This partnership will lead
New Delhi, Dec 3 The already sluggish pace of global progress on energy efficiency is set to slow further this year due to the economic impacts of the Covid-19 crisis, deepening the challenges of reaching international energy and climate goals
New York, July 10 As the world designs and implements Covid-19 recovery plans, it has a choice of either going back to where it was, or investing in a better, more sustainable future, UN Secretary General Antonio Guterres said on
New Delhi, March 26 China, the US and India together accounted for nearly 70 per cent of the rise in energy demand, even as such demand worldwide grew by 2.3 per cent last year, at its fastest pace this decade,
New Delhi, Oct 5 Petrochemicals are set to account for more than a third of the growth in world oil demand to 2030, and almost half the growth to 2050, adding nearly seven million barrels of oil a day by then,
New Delhi, Oct 4 (IANS) Renewable power capacity grew a record amount globally last year with China continuing to be the main driver of growth, the IEA’s renewables market analysis and forecast said on Wednesday. The US and India are also
New Delhi, Nov 27 India needs more than Rs.900,000 crore ($140 billion) investments per year in energy by 2040 as it is set to contribute more than any other country to the rise in global energy demand over the coming
New Delhi, April 14 Paris-based International Energy Agency (IEA) is looking forward to India becoming a full-time member of the agency that advises governments of 29 developed nations. “Our arms and hearts are open to India,” IEA chief economist Fatih
Paris, Feb 11 The International Energy Agency (IEA) said it predicts the price of Brent oil to remain at an average of $55 a barrel throughout 2015. The IEA, in a report titled “Medium-Term Oil Market Report”, said Brent would
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