[ad_1] US shale oil producers would need to add the equivalent of Russia's total crude oil production in just seven years to avoid a global shortage, according to a global energy watchdog …
Read More »World does not have the capacity to absorb new fossil fuel power plants, warns the IEA | Business
[ad_1] The world has so many fossil fuel projects in place that it can no longer afford to build a more polluting infrastructure without breaking international climate change targets, warned the energy …
Read More »Oil production is up but IEA predicts rising energy prices
[ad_1] Energy prices could soon increase, but not at all with the peak oil – the theory that production will soon reach a peak and begin to fall – predicts the International …
Read More »Renewable energy must accelerate to achieve climate goals, warns the IEA
[ad_1] At the current pace of development, renewables will account for only 18% of the energy consumed in the world by 2040. This threshold is far below the 28% threshold deemed necessary …
Read More »World oil demand reaches 100 million bpd, but prospects remain uncertain -IEA
[ad_1] LONDON, Sept. 13 (Reuters) – World oil consumption will reach 100 million barrels a day over the next three months, which will put pressure on prices, but emerging market crises and …
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