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The Latest Breaking News from IEA

India’s need to step up solar, wind capacity addition

Another year and another climate conference is upon us, this one in Azerbaijan. It will start off on a positive note for India which recently hit the 200 GW mark in its non-fossil fuels installed capacity, or how much power it can produce from energy sources such as solar and wind. But…

Newslaundry

Reasons to be hopeful: five ways science is making the world better

If Trump’s re-election is getting you down, these innovations in medicine and technology should cheer you up

The Guardian - UK

3 Energy Stocks Poised for Strong Growth as Oil Prices Surge

Heightened tensions in the Middle East have ignited a surge in oil prices, casting a spotlight on the energy sector and amplifying its allure. Hence, fundamentally sound energy stocks Sabine Royalty (SBR), Obsidian Energy (OBE), and Energy Transfer (ET), each boasting formidable growth potential, might emerge as opportune buys for…

StockNews.com

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'Waiting In Vain': Year On From Pledge, World Clings To Fossil Fuels

One year after world leaders issued the landmark call for a global move away from fossil fuels, nations are failing to turn that promise into action, say climate diplomats, campaigners and policy experts.

International Business Times

Feds Admit Fossil Fuels Are Still the Cheapest

A Department of Energy analysis found natural gas is the cheapest residential energy source on the market.

Reason

The 'Age of Electricity' is Dawning on Wall Street, and This is the Best Stock to Buy

The IEA says the 'Age of Electricity' is here. Here in the U.S., in the 2010s, the economy expanded by 24%, yet electricity demand remained steady. That's about to change, as the energy consultancy Wood Mackenzie projects a yearly increase in electric demand from 4% to as much as 15%…

Barchart

Weatherwatch: Will new oilfields become stranded assets?

With electric car demand soaring, peak oil may be near – and not a moment too soon for the climate

The Guardian - UK

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Nat-Gas Closes Higher on Expectations for Smaller Weekly EIA Report

November Nymex natural gas (NGX24 ) on Wednesday closed up +0.031 (+1.34%). Nov nat-gas prices Wednesday rallied on the consensus for a +66 bcf rise in Thursday's weekly IEA inventory report, which would be less than the 5-year seasonal average rise for the week of +76 bcf. Meanwhile, weather forecasts...

Barchart

3 Undervalued Energy Stocks Ready for a Breakout

With rising oil prices and a positive outlook from key industry organizations, the energy sector is poised for significant growth in the future. Therefore, investors would be wise to add fundamentally strong and undervalued energy stocks, Energy Transfer (ET), DNOW (DNOW), and MRC Global (MRC), to their portfolio, as these…

StockNews.com

Southeast Asia deepening dependence on fossil fuels, report warns

ASEAN’s 10 members met the entirety of region’s rise in electricity demand last year through fossil fuels, report says.

Al Jazeera

'Age Of Electricity' Coming As Fossil Fuels Set To Peak: IEA

More than half of the world's electricity will be generated by low-emission sources before 2030 but the deployment of clean energy is "far from uniform" across the globe, the International Energy Agency said Wednesday.

International Business Times

Fossil fuels could become cheaper and more abundant, says IEA

International Energy Agency says transition to clean energy means there will be a surplus of oil, gas and coal

The Guardian - UK

Shift toward EVs, particularly in China, could disrupt global oil market, energy report says

An increasing shift toward electric vehicles globally, especially in China, is poised to disrupt the global oil market, according to a new report by the International Energy Agency

The Independent UK

Oil price slides amid China slowdown and easing Middle East fears

Brent crude slides by almost $3.50 a barrel to below $74 after Opec cuts forecasts for demand growth

The Guardian - UK

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International Business Times

EIA Expects US Natural Gas Production To Decline In 2024 Despite Soaring Demand

According to the Energy Information Administration, U.S. dry gas production is expected to decrease from last year's 103.8 billion cubic feet per day (bcfd) to 103.5 bcfd this year.

The Guardian - UK

China to head green energy boom with 60% of new projects in next six years

IEA says faster clean energy rollout led by solar power in China with country set to boast half of world’s renewables by 2030

Radio France Internationale

Norway launches world’s first commercial carbon storage vault

Norway has opened the gateway to a massive undersea vault for carbon dioxide, marking a significant step towards launching what its operator calls the first commercial service for CO2 transport and storage.

Al Jazeera

Transformation of global energy sector to meet COP28 goals ‘feasible’: IEA

Meeting renewable energy and efficiency targets requires a huge push to boost storage capacity and grid connections.

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Radio France Internationale

EU chief announces €35bn energy loan for Ukraine as war with Russia drags on

European Commission President Ursula von der Leyen on Friday announced plans for Brussels to lend Ukraine €35 billion backed by revenues of frozen Russian assets and promised to help Ukraine "keep warm" ahead of a third winter of war.The talks on energy security come amid ongoing Russian airstrikes targeting the…

The Independent UK

Youth activists plan protests to demand action on climate as big events open in NYC

Activists are gearing up for protests around the world to demand action on climate change just as a pair of major weeklong climate events were getting underway in New York City

Top News

Ukraine's Electricity Supply At Risk, Urgent International Assistance Needed

IEA warns of severe electricity disruptions in Ukraine due to Russian attacks, posing risks to essential services.

International Business Times

Coming Winter 'Sternest Test Yet' For Ukraine Energy Grid

The coming winter will prove the "sternest test yet" for Ukraine's energy grid, the International Energy Agency said on Thursday, as the EU announced additional aid to help the country weather Russia's attacks on its power infrastructure.

StockNews.com

3 High-Momentum Energy Stocks to Watch in 2024

As supply disruptions and market shifts could potentially lead to an increase in oil prices, it's worth considering investments in stable energy stocks Energy Transfer LP (ET), ChampionX Corporation (CHX), and Secure Energy Services (SECYF). These companies are showing good growth momentum in the current landscape. Read on….

Radio France Internationale

UN experts call for global system to trace critical minerals

UN experts have called for the creation of a global system to trace the extraction and production of critical minerals that are needed in the transition away from fossil fuels.

The Guardian - UK

Oil demand growing at slowest rate since height of pandemic, says IEA

Energy watchdog says global oil prices could continue to fall from three-year lows as supply outstrips demand

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