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IEA says heat pumps are cheaper than gas boilers in most EU countries, with savings up to $900
Heat pumps could save households hundreds of euros a year while helping Europe reduce its reliance on imported fossil fuels, but a new…
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IEA
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Oil settles down 1.5% on US-China trade tensions, IEA warning of glut
Oil prices fell on Tuesday, settling 1.5 per cent lower as the International Energy Agency warned of a huge supply glut in 2026, and as…
Business
World must spend US$540 billion a year looking for oil and gas: IEA
The world needs to spend some US$540 billion a year looking for oil and gas to maintain current output by 2050 as the pace of declines in…
Business
IEA predicts slower oil demand growth for the rest of 2025
The International Energy Agency (IEA) said on Thursday (May 15) that economic headwinds combined with record sales of electric vehicles…
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IEA recommends Germany optimise electricity system to reduce costs
A new Energy Policy Review from the International Energy Agency (IEA) suggests that enhancing the efficiency and resilience of Germany’s…
Business
IEA says oil demand growth weakness to continue on China and EVs
GLOBAL oil demand growth will continue to weaken due to China’s economic slowdown and the rapid uptake of electric vehicles, according to…
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IEA cuts 2024 oil demand growth view, sees surplus looming
THE International Energy Agency (IEA) on Tuesday (Oct 15) further cut its global oil demand growth forecast for this year citing weakness…