PARIS (Xinhua) -- The Copenhagen Accord provides guidance for future actions on climate change, but the emission reduction pledges are not sufficient, the Paris-based International Energy Agency (IEA) said Tuesday in a statement.
The Copenhagen Accord paved the way toward a legally binding agreement, with a clear environmental goal [...]
Aramco president: Oil demand will grow 40% by 2030
(MENAFN - Qatar News Agency) - Saudi Aramco president and CEO Khalid A. Al-Falih said during a recent visit to company markets in Asia "The developing economics of the world are at the heart of the International Energy Agency's forecast that" [...]
Non-OPEC producers, accounting for about 60 percent of the global total, will provide 51.6 million barrels a day in 2010, or 265,000 [...]
The Paris-based advisor to 28 industrialised economies said global oil demand would increase by almost 1.5 million barrels per day (bpd), or 1.7%, in 2010 to [...]
FATIH BIROL, the chief economist of the International Energy Agency (IEA), believes that if no big new discoveries are made, the output of conventional oil will peak in 2020 if oil demand grows on a business-as-usual basis. Coming from the band of [...]
The peak-oil debate: 2020 vision - The IEA puts a date on peak oil production
FATIH BIROL, the chief economist of the International Energy Agency (IEA), believes that if no big new discoveries are made, “the output of conventional oil will peak in 2020 if oil demand grows on a [...]
Birol told Reuters in an interview that current oil price levels were good for investment. [...]
By Julian Murdoch
Between recent consumption data and the International Energy Agency's World Energy Outlook 2009 report released last month, it's time for some serious questions when it comes to oil demand. Perhaps the biggest is this: Will oil fields be ready to meet existing and [...]
One of the conclusions which can be drawn from deconstructing the [...]
This is a guest post by Morgan Downey, author of Oil 101 and of the Scarce Whales blog.
The OECD International Energy Agency (IEA) is the taxpayer-funded energy advisor to the 28 most developed countries. The agency was created in 1974 by large oil consuming nations in response to [...]
Peak Oil Demand
Between recent consumption data and the International Energy Agency's World Energy Outlook 2009 report released last month, it's time for some serious questions when it comes to oil demand. Perhaps the biggest is this: Will oil fields be ready to meet existing and future demand, or will [...]
EIGHTY-FIVE million barrels. That's how much oil we consume every day. It's a staggering amount - enough to fill over 5400 Olympic swimming pools - and demand is expected to keep on rising, despite the impending supply crunch.
The International Energy Agency forecasts that by 2030 it will rise to about [...]
In World Energy Outlook 2009, the International Energy Agency seems to have dropped a bombshell that has been quietly (and politely) ignored. In their main 'reference scenario', the IEA forecasts that OECD demand has already peaked - it never recovers the levels seen before the oil price spikes and financial [...]
In recent editions of their World Energy Outlook, the IEA has been reducing their forecast for 2030 total oil supply. But forecasting a decline in OECD consumption is a radical shift.
Here at The Oil Drum we see peak oil occuring well before 2030, with production at [...]
Monday night at the Council on Foreign Relations in New York, Fatih Birol, Chief Economist at the International Energy Agency (IEA) presented the highlights of the recently released 2009 World Energy Outlook, which was recently completed.
Mr. Birol knows his stuff- he worked for OPEC for six years, has written [...]
A recent report about undue pressure by the United States on the Paris-based International Energy Agency, IEA, to distort crude oil projection figures is rather unsettling. The report, citing a whistleblower at IEA, indicated that the United States influenced the agency to underplay data, which indicated imminent, crude oil [...]
