OPEC assessing impact on oil market after Saudi facilities attack, says too early for any actionÂ
OPEC is assessing the impact on the oil market from attacks on Saudi Arabian facilities and says it is too early for members to take any action on raising output…
We assume that shutting down Saudi refineries will not have lasting effect on global oil supply- Germany
The German government said on Monday its supply of oil was not affected by attacks at the weekend against Saudi refineries and any decision to release strategic reserves needed to…
U.S briefly overtakes Saudi Arabia as top oil exporter – IEA
Global oil demand is weathering economic headwinds, the International Energy Agency (IEA) said on Thursday, buoyed by lower prices brought on by abundant supply as the United States briefly dethroned…
Big oil companies undermine U.N. climate goals with approved $50 billion projects – report
Major oil companies have approved $50 billion of projects since last year that will not be economically viable if governments implement the Paris Agreement on climate change, think-tank Carbon Tracker…
Oil prices not expected to rise significantly as demand is slowing -IEA
The International Energy Agency (IEA) doesn’t expect oil prices to rise significantly because demand is slowing and there is a glut in global crude markets, its executive director said on…
U.S. oil output will help offset falling exports from Iran, Venezuela – IEA
Courtesy Reuters The world will require very little extra oil from OPEC this year as booming U.S. output will offset falling exports from Iran and Venezuela, the International Energy Agency…
Nigerian-American Actress, Uzo Aduba to feature in FX’s ‘Mrs America’
Uzo Aduba Nigerian-American actress and comedian, Uzo Aduba has been cast as Shirley Chisholm in new FX limited television series, ‘Mrs America’. Aduba, an Emmy award winner, popularly known for…
Energy Demand, Coal use Increase Contribute to Global Carbon Emissions Rise in 2018: IEA
Global energy-related carbon emissions rose to a record high last year as energy demand and coal use increased, mainly in Asia, the International Energy Agency (IEA) said on Tuesday. Energy-related…
Carbon Emissions From Advanced Nations Set to Rise in 2018- IEA Report
Carbon dioxide emissions from the world’s advanced economies are set to rise slightly in 2018, breaking a five-year decline, mainly due to higher oil and natural gas use, the…
World Bank must do more to eradicate energy poverty across the continent – African leaders
Following reports by the International Energy Agency, IEA, that an estimated 1.1 billion people 14 per cent of the global population do not have access to…