Oil and gas industry needs to do more on climate change: IEA
Report says the industry requires a variety of approaches depending on an individual company’s circumstances.
IEA says crude by rail shipments to more than double to 390,000 barrels a day
Could peak as high as 590,000 barrels in 2019 if producers don’t resort to crude storage in peak months.
Fossil fuels remain key to energy future: report
US is eager to grab new business, underscoring the urgent need to secure access to offshore markets.
Chemical process could make climate nemesis carbon a valuable resource
Three prototypes to show carbon converted to methanol can serve as an eco-friendly fuel of the future.
Oil demand growth seen slowing for a second year: IEA
Stalled in the US, Middle East, Russia and India, but production will rise.
Two reports point to need for energy shift to start now
Unparalleled ramp-up of low carbon technologies in all countries to keep temperature increases below 2 degrees C.
OPEC production jumped before deal on cuts, IEA says
Energy agency says next few weeks will be crucial in determining if production cuts are being implemented.
OPEC must enact cuts for sustained oil price rise: IEA
Production from the Organization of the Petroleum Exporting Countries hit a record high in September.
Global oil demand to cool amid weaker economy: IEA
International Energy Agency lowers its demand forecast to 1.2 million bpd.
Slashed spending by drillers could lead to price spike, report says
IEA suggests investment in oil exploration and production is declining for a second straight year.
Canadian oil output growth could come to ‘complete standstill’
Oil-related investments are expected to drop 17% this year, according to the International Energy Agency.
Oil supply seen outpacing demand, capping price
IEA says global excess supply may reach 2 million barrels per day during Q1.
Global oil supply to contract with latest price tumble
IEA says it’s the biggest decline in more than 20 years.
IEA says oil prices set for swift recovery
But they won’t return to recent highs.
IEA sees Canada crude output growing, but slower
Global oil capacity hitting 103.2 million barrels by the end of the decade.