Financial Tribune - The International Energy Agency has predicted that the world will add 1,200 gigawatts of renewable energy by 2024, a 50% increase on whats in place now. That would see renewables share of global power generation rise to 30% by 2024 from 26% today. But for now that seems to be a tall order, mainly due to the rapidly spreading ...

Bloomberg | Grant Smith: Global oil demand will grow more slowly than previously thought following an economic lull in Asia, the International Energy Agency said, while warning that supplies stand to tighten due to U.S. sanctions on Iran. Disappointing fuel consumption in China, Japan and Brazil meant 2019 started with a tough quarter, the agency ...

AFP - Global oil output hit a record of 100 million barrels per day in August, but the market may tighten and prices rise as exports from Iran and Venezuela decline, the International Energy Agency said Thursday. "We are entering a very crucial period for the oil market," the IEA said in its latest monthly report. "Things are tightening up."The ...

AFP- An oil production shortfall in Iran and Venezuela may force OPEC and Russia to decide later this month to open their taps, the International Energy Agency said Wednesday. Even if the supply gap, triggered by the return of US sanctions on Iran and a major political crisis in Venezuela, is plugged, the oil market will likely remain vulnerable ...

OilPrice.com- The restoration of sanctions on Iranthe worlds fifth-largest oil exportermay have implications for the market balance, the International Energy Agency (IEA) said in astatementon Wednesday, adding that it is closely following the situation. In recent months, oil market dynamics have been shaped by strong growth in demand, compliance ...

Press TV- The International Energy Agency (IEA) in its latest report on the status of the global energy market said that was the worlds third largest producer of natural gas in 2016. The IEA in its report said Iran had produced 190 billion cubic meters (bcm) of gas last year which it said was 5.3 percent of worlds total. The agency in its ...

PARIS (AP) -- The International Energy Agency said Thursday that higher than expected Iranian oil production has helped stabilize the global oil market by offsetting concerns generated by wildfires in Canada and violence in Nigeria. In its monthly report, the Paris-based IEA said global oil output rose to 32.7 million barrels a day in April, a figure ...

Oil has steadied at a still-low $31 a barrel, with a major report on US inventories due later The oil price endured wild swings on Tuesday, rising more than six per cent at one point to above $32 a barrel and touching session lows below $29. Both the international and US benchmarks are extremely volatile at the moment as the determination of ...

After years of sanctions, the country is boosting production and aiming to win customers back from the Saudis and Russians. The fate of the oil market in 2016 depends in large part on a series of oil fields with names such as Ahwaz, Gachsaran, Bibi Hakimeh, and Darkhovin. All of them are pumping crude buried thousands of feet under the hills of ...

TEHRAN Sept. 09 (Shana) -- Some OPEC producers think they have to stick to their production levels even if crude oil is priced at only one dollar per barrel. But, maybe they dont have to go that fast. A glance at oil price fluctuations from August 2014 to August 2015 for Brent crude oil shows that the prices have never kept much long below $48. During ...

[caption id="attachment_24177" align="alignright" width="300"] An Iranian oil tanker docks with and oil facility owned by the Iranian National Oil Company in the Persian Gulf.[/caption] Irans crude exports declined in March to the lowest this year as international sanctions aimed at the Persian Gulf countrys nuclear program and weaker global demand ...

By Albawaba Iranian oil output rose in October after seven months of decline due to Western sanctions and its exports rebounded strongly as China and South Korea bought more oil,the West energy watchdog said. The International Energy Agency (IEA), adviser to industrialised nations on energy policy, said the rebound in Iranian output was adding ...

By Reuters Nov 13 (Reuters) - Iranian oil production rose in October after seven months of decline and its exports rebounded strongly, the West' energy agency said on Tuesday, painting a bearish picture of growing supply and more limited global demand. The International Energy Agency, which advises industrialised nations on energy policies, said ...

By Xinhua TEHRAN, Oct. 27 (Xinhua) -- Iran's Oil Ministry Spokesman Alireza Nikzad-Rahbar has said that the Islamic republic plans to appear in new oil markets, Tehran Times daily reported on Saturday. Nikzad-Rahbar dismissed the reports that Iran's current oil exports had declined due to the Western sanctions. On Oct. 12, the International ...

By Reuters (Reuters) -South Koreais set to resume Iranian oil imports in October after crude cargoes were halted by EU sanctions in the previous two months, with shipments transported under Iranian insurance cover to avoid sanctions targeting Tehran's nuclear program. The north Asian country's overall crude oil imports fell 2.8 percent in September ...

By Reuters Oct 13 (Reuters) -Iran's oil exports have remained steady in recent months, Iran's OPEC governor said on Saturday, denying a report from the International Energy Agency (IEA) that Iran is struggling to arrest a decline in its oil sales. In a report on Friday, the IEA estimated Iran's exports falling to a new low of 860,000 barrels ...