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Daily (23.01.2020): Brent fell over 2% on Wednesday on supply glut concerns, coronavirus spread in China
Crude oil prices fell more than 2% on Wednesday following a supply glut forecast released by IEA. Moreover, the spread of China’s coronavirus increased concerns about demand. Brent crude for March delivery dipped $1.38, or 2.1%, to settle at $63.21 a barrel on ICE London. WTI for February shed $1.64, or 2.8%, to end at $56.74 on NYMEX.
read more... 23/01/2020
US Shale Output to Overtake Oil and Gas Production From Russia by 2025 - IEA
The total US shale output will overtake production of oil and gas in Russia by 2025, according to the Stated Policies Scenario outlined in World Energy Outlook report released by the International Energy Agency (IEA) on Wednesday.
read more... 13/11/2019
1.2TW: cost reductions, policy advances will drive 50% renewables growth to 2024, says IEA
Renewable sources of electricity are set for rapid growth over the next five years, which could see them match the output of the world’s coal-fired power stations for the first time ever.
read more... 28/10/2019
Solar PV market set for growth over next 5 years: IEA
The world’s total renewable-based power capacity will grow by 50% between 2019 and 2024, according to an International Energy Agency (IEA) report on Monday.
read more... 21/10/2019
Slovakia seen strengthening energy security, IEA says
The Slovak Republic has made significant progress on several fronts of energy policy, and together with its neighbors and with the support of the European Union, has strengthened cross-border connections for natural gas, oil and electricity.
read more... 20/11/2018