Ukraine faces potential power shortages this winter as increasingly sophisticated Russian drone attacks threaten energy infrastructure, despite efforts to expand generation, storage and strategic reserves, according to a new International Energy Agency (IEA) report.
The International Energy Agency (IEA), International Energy Forum (IEF) and Organisation of the Petroleum Exporting Countries (OPEC) have convened a technical workshop to address challenges affecting maritime energy flows, shipping and insurance costs, and global market stability.
Europe’s record-low gas storage levels could prolong global market tightness into 2027, as disruptions to LNG supplies through the Strait of Hormuz intensify competition for cargoes and increase price pressures, according to the International Energy Agency (IEA).
Seventy energy experts convened at the IEA headquarters in Paris for the 7th Joint IEA-IEF-Opec Symposium, discussing global natural gas and coal market developments. Participants included representatives from the energy sector, international institutions, governments, and academia, focusing on future market evolutions.
Renewable electricity generation is expected to more than double globally by 2030, driven by solar PV growth, according to the International Energy Agency (IEA). Despite supply chain issues and financial pressures, global renewable power capacity could rise by 4,600 GW, equivalent to the total capacity of China, the EU, and Japan combined.
Companies operating in Brazil have expanded the country’s liquefied natural gas (LNG) regasification infrastructure since 2020, more than doubling its import capacity as the country seeks to diversify its energy supply and enhance energy security, according to US Energy Information Administration (EIA).
Global gas markets are set to undergo major changes by the end of this decade, with a coming wave of liquefied natural gas (LNG) production capacity set to transform market dynamics, according to the latest edition of the International Energy Agency (IEA) medium-term outlook.
The International Energy Agency (IEA) forecast a global oil market oversupply of 4 million barrels per day (bpd) in 2026, citing the recent increase in crude oil supplies from the Middle East and the Americas. It noted that this increasingly underscores the need for market change.
To serve a rapidly growing population, Mozambique’s significant energy resources can support government efforts to achieve universal access to electricity and clean cooking while charting a path to economic development, according to the International Energy Agency (IEA) first ever energy policy review of the country.
The International Energy Agency (IEA) has urged member countries to accelerate diesel stock releases and consider additional supplies as global markets tighten. Fatih Birol, Executive Director, called for coordinated action ahead of the agency’s October 15 Governing Board meeting.
