The Latest Breaking News from IEA

Oil Surges 7% Amid Warnings of Russian Supply Shortages

Oil prices climbed over 7% on Thursday after the International Energy Agency (IEA) said three million barrels per day (bpd) of Russian oil and products could be shut in from next month and despite the US Federal Reserve's decision to raise interest rates. The supply loss would be far greater…

Asharq Al-Awsat · Mar 17, 2022

Silicon Ranch Picks IEA To Construct 70 MW Regenerative Solar Project In Georgia

Infrastructure & Energy Alternatives Inc (NASDAQ:IEA) has secured a contract from Silicon Ranch Corporation to construct the Cedar Springs Solar Ranch in Early County, Georgia. Financial terms not disclosed. The 70-megawatt solar project will provide power to Green Power EMC, the renewable energy supplier for 38 Georgia electric cooperatives. Nashville, Tennessee-based Silicon Ranch…

Benzinga · Mar 16, 2022

IEA: 3 Mln bpd of Russian Oil Could Be Shut in Next Month

Three million barrels per day (bpd) of Russian oil and products may not find their way to market beginning in April in the wake of its invasion of Ukraine, the International Energy Agency said on Wednesday, as sanctions bite and buyers hold off. "Of the cutback, we see a reduction…

Asharq Al-Awsat · Mar 16, 2022

Households urged to turn down thermostats by 1°C to help defeat Russia

Move would help reduce Vladmiri Putin's dominance in the market

Wales Online · Mar 4, 2022

Turn down your thermostat by 1°C to reduce need for Russian gas, urges regulator

While Britain only gets around 4% of its gas from Russia, Europe is heavily reliant on the country’s supplies, with Germany and Austria claiming more than 50% of it from the nation

Daily Mirror · Mar 4, 2022

British families to turn down the heating by 1C to cut reliance on Russian gas

The International Energy Agency has announced a new plan which could reduce the European Union's Russian gas imports by more than a third in the coming year

Daily Mirror · Mar 4, 2022

Ten point plan to reduce Europe’s reliance on Russian natural gas

Energy body says EU should not sign any new gas contracts with Russia

The Independent UK · Mar 4, 2022

Turn down heating by 1C to reduce need for Russian imports, Europeans told

IEA says reducing temperature could help wean consumers off fuel that Russia is using as a weapon in Ukraine war

The Guardian - UK · Mar 3, 2022

IEA members move to build cushion against oil price shock

NEW DELHI: Member countries of the International Energy Agency (IEA), including India, late on Tuesday agreed to release 60 million barrels of oil from their emergency stockpiles as a message to the global oil markets that there will be no shortfall in supplies as a result of the conflict between…

The Times of India · Mar 1, 2022

IEA countries agree to release 60 million barrels of oil after Russia's Ukraine invasion

Oil prices have recently surged to over $100 a barrel in response to the war.

Axios · Mar 1, 2022