Tag
IEA
The International Energy Agency (IEA) has raised concerns over potential challenges in gas supply due to increasing global consumption and ongoing geopolitical tensions as winter nears.
The Nigerian Government has agreed to benefit and be part of the Group of 7 (G7) "Energy for Growth in Africa" initiative investments in clean energy projects across African countries.
Africa will receive only 2% of the $2 trillion global clean energy investment in 2024 according to a new report by the International Energy Association (IEA).
Nigerians have had to rely on backup generators to cover a staggering 40% of their electricity needs, according to a recent report by the IEA.
Global crude oil demand for the fourth quarter of 2023, will slip to 101.7 million barrels per day.
In its Oil and Gas Industry in Net Zero Transitions report released on November 23, the International Energy Agency (IEA) highlighted the fact that although Nigeria has made substantial efforts to reduce flaring intensity, its efforts have remained broadly constant since 2015.
The IEA has said supply cuts will affect oil surplus in 2024. This is according to a November 21 Reuters interview citing Toril Bosoni, the head of the International Energy Agency's oil markets and industry division.
The IEA projects a 102 million barrels per day oil demand growth in 2023 and 102.9 million barrels per day in 2024. This is according to the agency’s oil market report released November 14.
Fatih Birol, the Executive Director of the IEA has said that oil markets are on edge.
The International Energy Agency (IEA) has noted that annual sales of solar home systems have grown seven-fold since 2015.
Since 2014, energy investments in Africa have dropped by nearly 45%.
The International Energy Agency (IEA) has said that recycling will put a stop to the strain on critical minerals supply in the global energy transition.