LNG Will Offer Protection Against Gas Supply Halts: IEA

Investment in US shale oilfields will fall by a tenth next year – and result in a decline in production – if the oil price continues to trade around $80 a barrel, the world’s energy watchdog has warned.

The world needs a full transition towards a low-carbon economy

The IEA Oil Market Report (OMR) for October reduced its forecast of global oil demand for 2014 by 0.2 million barrels per day (mb/d) from the previous month, to 92.4 mb/d, on lower expectations of economic growth and the weak recent trend. Annual demand growth for 2014 is now projected at 0.7 mb/d, rising tentatively to 1.1 mb/d in 2015 as the macroeconomic backdrop improves.

Increasing access to modern forms of energy is crucial to unlocking faster economic and social development in sub‑Saharan Africa, according to the International Energy Agency’s (IEA) Africa Energy Outlook, a Special Report in the 2014 World Energy Outlook series.

The global energy efficiency market is worth at least USD 310 billion a year and growing, according to a new report from the International Energy Agency that confirms the position of energy efficiency as the world’s “first fuel”.

Asia is getting a greater choice of crude from Alaska North Slope to Venezuela’s Carabobo and Iraqi Basrah Light as the U.S. shale boom cuts American demand for overseas oil.

IEA releases Oil Market Report for September

Energy efficiency: a key tool for boosting economic and social development. New IEA report shows the multiple benefits of energy efficiency and calls on governments to invest more resources to harness them.

Policy uncertainty threatens to slow renewable energy momentum. IEA forecast sees renewable power as a cost-competitive option in an increasing number of cases, but facing growing risks to deployment over the medium term.