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FATIH BIROL

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abtest

Oil prices seen staying low next year as demand weakens

December 9, 2015 - 5:45am

The head of the International Energy Agency expects oil prices to remain low next year as demand weakens and supply remains high.

Business

Oil price to rise only gradually to $80 by 2020 – IEA

November 10, 2015 - 9:00am

Oil is unlikely to return to $80 a barrel before the end of the next decade, despite unprecedented declines in investment, as yearly demand growth struggles to top 1 million barrels per day, the International Energy...

Business

Oil inches below $100 ahead of OPEC meeting

December 14, 2011 - 6:09pm

Oil prices inched down below $100 a barrel Wednesday in Asia amid expectations OPEC will likely keep its output quotas unchanged.

IEA: Time running out to limit earth's warming

November 9, 2011 - 9:41pm

The chief economist for the International Energy Agency says the world is hurtling toward irreversible climate change unless governments cut fossil fuel subsidies and improve energy efficiency.

Oil firms cut pump prices

By Donnabelle L. Gatdula | June 26, 2011 - 12:00am

Several oil companies are set to implement today substantial cuts in fuel prices.

Headlines

Oil near $94 as IEA warns crude costs hurt economy

June 21, 2011 - 2:33pm

 Oil prices inched higher to near $94 a barrel Tuesday in Asia as a top energy industry expert warned higher fuel costs could undermine the global economic growth.

Greenhouse gas emissions hitting record highs

June 5, 2011 - 7:08pm

Despite 20 years of effort, greenhouse gas emissions are going up instead of down, hitting record highs as climate negotiators gather to debate a new global warming accord.

China surpasses US as world's top energy user

July 22, 2010 - 12:00am

China has overtaken the United States as the world’s largest energy consumer, the International Energy Agency said Tuesday. China immediately questioned the calculation.

Business

Oil executives talk up shale gas at Davos

January 28, 2010 - 10:22pm

New reserves of natural gas found in shale rock are a "big deal" and a "game changer."

UN pushes electricity, fuels lack in climate talks

November 24, 2009 - 9:26am

UNITED NATIONS (AP) – Development officials say almost half the world's population lacks modern fuels to cook or heat or any electricity, and insist negotiators must address that "energy poverty"...