The Latest Breaking News from Fatih Birol

IEA’s Fatih Birol says uptake of solar power and EVs is in line with net zero goal but rich countries must hasten their broader plans

Trillions of dollars of investment in clean power is needed this decade to accelerate its growth, the agency has set out in a new report.

Electric vehicle sales are growing faster than expected around the world, and, sales of gas- and diesel-powered vehicles have been falling. Yet, the U.S. government still forecasts an increasing demand for oil, and the oil industry is doubling down on production plans.

Fatih Birol, head of International Energy Agency, says countries planning expansion are ‘misjudging market trends’

Forecast downturn still ‘nowhere near steep enough’ to limit temperature rise to 1.5C, says watchdog

Fatih Birol says China’s economic recovery combined with harsh winter could pile pressure on gas supplies

Ofgem’s next price cap announcement will come in August

The International Energy Agency (IEA) has said that financing for clean energy in developing and emerging economies – excluding China – must increase seven-fold within a decade if global warming is to be capped at tolerable levels

International Energy Agency says demand will grow by 2.4m barrels a day in 2023 to record 102.3m

In the wake of an energy crisis triggered by Russia’s war in Ukraine, the world has become a lot more energy efficient, according to a new study. Are we seeing a permanent, global shift in energy transition? Yuka Royer speaks with Fatih Birol, the head of the International Energy Agency.

Despite macroeconomic headwinds, strong global oil demand and constrained supply as Saudi signaled more output cuts could likely boost oil prices this year. Amid this, fundamentally strong foreign oil stocks BP (BP), Repsol (REPYY), and Ultrapar (UGP), currently trading at a discount, could be ideal investments. Keep reading….