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The Latest Breaking News from IEA

US oil companies to merge in $26bn deal as firms rush to buy up drilling land

Diamondback Energy to buy Endeavor Energy Resources, after IEA warning against new fossil fuel developments

The Guardian - UK

Buy, Hold or Sell: Top 3 Energy Stocks to Watch

The energy market is expected to continue its upward growth trajectory in 2024 due to the steadfast demand, supply constraints, and the ongoing geopolitical tensions that are pushing oil prices. To that end, let’s assess the prospects of energy stocks Antero Resources Corporation (AR), DNOW Inc. (DNOW), and Permianville Royalty…

StockNews.com

Should You Invest in These 3 Oil & Gas Stocks Before They Surge?

With forecasts pointing to strong global demand for oil and natural gas this year, the energy sector is positioned for prosperity. Given this outlook, should investors own the shares of three oil and gas companies, BP p.l.c. (BP), Western Midstream Partners (WES), and Global Partners LP (GLP)? Read more to…

StockNews.com

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Are These 3 Coal Stocks Right for Your Investment Strategy?

Despite rising environmental concerns and the emergence of renewable energy alternatives, coal continues to be a desirable choice to satisfy the growing global energy demand because of its scalability and affordability. Thus, let’s determine if coal stocks Yankuang Energy (YZCAY), Warrior Met Coal (HCC), and CONSOL Energy (CEIX) fit into…

StockNews.com

Top 3 Oil & Gas Picks for Smart 2024 Investments

Amidst surging oil prices, optimistic annual projections, and evolving market dynamics, investors seeking smart opportunities in the oil and gas sector might consider fundamentally solid stocks Sasol Limited (SSL), Sunoco (SUN), and Global Partners (GLP). Read more.

StockNews.com

This Week's Top 3 Energy Stock Gainers

Fueled by solid demand forecasts and elevated geopolitical tensions in the Middle East, the prevailing energy sector’s landscape appears promising. In such a scenario, it might be an opportune time to scoop up the shares of three top-notch energy companies, ChampionX Corp (CHX), CVR Energy (CVI), and Precision Drilling Corp…

StockNews.com

3 Energy Marvels Stocks Bursting With Potential

With geopolitical tensions heating up, supply-demand imbalances, and rising forecasts for natural gas consumption, the energy industry is set for a surge. Considering this, it could be wise to invest in sturdy energy stocks, such as Kinder Morgan (KMI), Unit Corporation (UNTC), and Graham Corporation (GHM), for potential growth. Read…

StockNews.com

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BP’s green agenda all at sea as sinking profits forecast renews fossil fuel call

With gloomy financial results predicted, the company must weigh its net zero targets against demands for more oil and gas production

The Guardian - UK

OXY vs. VLO - Buy or Hold in the 2024 Energy Market?

The energy sector continues to demonstrate resilience, buoyed by escalating geopolitical tensions, steadfast demand, and deliberate production cuts. In such a scenario, which energy stock, Occidental Petroleum Corp (OXY) or Valero Energy Corp (VLO), is better positioned to thrive? Let’s find out….

StockNews.com

Biden’s delay of ‘carbon bomb’ projects could be a big deal – but will it last?

Climate activists cheer decision to pause all pending liquified natural gas export licenses, but is it just a delay till after November elections?

The Guardian - US

Data centers are accounting for more and more electricity - and that's becoming major issue for firms and governments alike

Surging energy demand from data centers is a problem, but there’s hope that renewables are also increasing.

TechRadar

3 Energy Stocks to Buy BEFORE January Ends

The energy sector’s prospects remain solid amid escalating geopolitical tensions, resilient demand, and production cuts. In such a scenario, three fundamentally sound energy companies, Enterprise Products Partners (EPD), Cheniere Energy Partners (CQP), and ChampionX Corp (CHX), could be wise portfolio additions this month. Read on….

StockNews.com

Climate crisis reaching inflection point

The accelerating shift toward clean energy technologies means global greenhouse gas emissions may fall in 2024

Salon

King Coal Set To Lose Crown For Electricity Production: IEA

Renewables are set to displace coal as the top source of energy for electricity production globally in 2025, the International Energy Agency said Wednesday.

International Business Times

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The Guardian - UK

Nuclear power output expected to break global records in 2025

Experts say world is ‘past peak fossil power’ but warn against uneven development of energy projects

International Business Times

In Davos, An Australian Mining Boss Presses Industries To Go Green

Andrew Forrest, a blunt Australian billionaire who made his fortune in iron ore mining, stood out among the heads of emissions-spewing industries at the meeting of global elites in Davos.

International Business Times

Trade Barriers Can Slow Energy Transition: IEA Chief

Trade barriers can slow the world's energy transition but commerce also needs to be fair, International Energy Agency chief Fatih Birol said Wednesday, as world powers tussle over the technologies key to fighting climate change.

Newslaundry

India’s brick kiln workers fear loss of livelihood to ‘green alternatives’

Jamuna Malik’s hands move deftly as she rolls a lump of clay and flattens it into a mould, packing it with mud to set before adding it to the row of bricks waiting to be baked in a kiln on the outskirts of Bengaluru.

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The Guardian - UK

First Thing: White House gives major boost to electric vehicle charging points

Biden administration unveils $623m in funding amid concern that transition to zero-carbon transportation not keeping pace with climate crisis. Plus, Ai Weiwei on AI art

International Business Times

World Added 50% More Renewable Energy But More Needed: IEA

The world added 50 percent more renewable energy capacity in 2023 over the previous year but more is needed in the battle against climate change, the International Energy Agency said Thursday.

Top News

Renewable Energy Boasts Record Growth, Driven by Solar and Wind

The International Energy Agency reports that renewable energy experienced its fastest growth in 25 years, driven primarily by solar power in China.

The Independent UK

Renewables grew rapidly in 2023, but must grow faster still to meet climate change target, IEA says

The amount of renewable energy installed around the world last year grew at its fastest rate in the past 25 years

The Guardian - UK

World’s renewable energy capacity grew at record pace in 2023

IEA report says 50% growth last year keeps hope of achieving Cop28 climate target of tripling clean energy capacity

The Guardian - UK

What links Rishi Sunak, Javier Milei and Donald Trump? The shadowy network behind their policies

The Atlas Network’s dark-money junktanks are behind neoliberal policies around the world, says Guardian columnist George Monbiot

Radio France Internationale

World's carbon emissions could start to fall for first time in 2024

Global carbon emissions may have peaked in 2023 – the hottest year in history – as efforts to step up renewable energy and step back from fossil fuels show signs of promise.

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