19 Jan 2020 Oil and gas companies must boost investment in low carbon energies or face an increasing backlash that could threaten their long-term profits Oil and gas industry needs to do more to address climate change: IEA report. By The Canadian Press. Posted January 20, 2020 1:56 pm. 1:38 Canadians The International Energy Agency is a Paris-based autonomous intergovernmental organization IEA member countries are required to maintain total oil stock levels equivalent to at least 90 days of the previous year's net imports. At the Fossil fuel predictions have been criticised as being highly optimistic, and estimates of 21 Jan 2020 Oil and gas industry needs to do more to address climate change, IEA report says . The Canadian Press Staff. Contact. Published Tuesday, 28 Jan 2020 The IEA is embarking on a public relations effort that bears a striking resemblance to the spin coming from the oil and gas industry itself. 20 Jan 2020 of oil and gas (O&G) players could be crucial in accelerating the deployment of renewables, the International Energy Agency (IEA) has said.
That’s according to the International Energy Agency (IEA), which is urging companies to address the challenge of balancing their short term returns with their long term license to operate as it Since 2010, 80% of growth has been concentrated in three key regions: the United States, where the shale gas revolution is in full swing; China, where economic expansion and air quality concerns have underpinned rapid growth; and the Middle East, where gas is a gateway to economic diversification from oil. Natural gas continues to outperform coal or oil in both the Stated Policies Scenario (where gas demand grows by over a third) and the Sustainable Development Scenario (where gas demand While some oil and gas companies have taken steps to support efforts to combat climate change, the industry as a whole could play a much more significant role through its engineering capabilities, financial resources and project-management expertise, according to the IEA’s Oil and Gas Industry in Energy Transitions report, which was released today. Since its inception in 1983, the IEA's Oil Market Report (OMR) has become recognised as one of the world’s most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for OECD and selected non-OECD countries.
26 Apr 2019 IEA 2019. All rights reserved. China slowdown reflects structural shift in the economy and environmental policies. Middle East fuel oil demand 7 Oct 2019 90pc of hydrogen is produced by steam reforming of natural gas. The IEA is projecting oil consumption in the road transportation sector in its 15 Nov 2019 U.S. shale energy production is on course to overtake the output of Russia's entire oil and gas sector by 2025, the International Energy Agency 12 Nov 2018 ABU DHABI — Relentless American shale development is set to allow the U.S. to leapfrog the world's other major oil and gas producers, with 14 Nov 2018 Forecasting global energy production and consumption through 2040, the IEA projects the U.S. will account for nearly 75 percent of global oil Methane emissions from the oil and gas sector reached close to 80 Mt (or 2.4 billion tonnes of CO2 equivalent) in 2017. This is equal to 6% of global energy sector GHG emissions. Emissions remain high despite initial industry-led initiatives and government policies announced recently.
As indicated in Figure 1, in absolute terms, petroleum products (i.e. crude oil and its derivative products) have generally been the prime beneficiaries of the fossil- 9 Mar 2020 The International Energy Agency (IEA) is predicting that global oil demand will drop in 2020 in part because of the Covid-19 outbreak. 13 Nov 2019 The use of more fuel-efficient car engines will knock out 9 MMbpd of demand, while the growth of electric cars will displace about 4 million a day. 28 Jan 2020 Over the course of the last year and a half, we have been pushing the International Energy Agency (IEA) to stop giving cover to the oil and gas 20 Jan 2020 The oil and gas industry needs to work harder and faster to tackle the climate crisis if it wants to remain profitable, a leading energy group says. 21 Jan 2020 Oil and gas companies are facing a critical challenge as the world increasingly shifts towards clean energy transition, and… 13 Nov 2019 But a plateau for coal, along with rising demand for oil and gas, would mean global emissions continue to rise throughout the outlook period to
Browse, compare and download a world of energy data, statistics and policies. 18 Feb 2020 The International Energy Agency (IEA) has cut its oil demand growth as Covid- 19, have dimmed the global outlook for oil and gas demand. 20 Jan 2020 IEA: Oil and gas industry must take swift action to tackle climate change. The International Energy Agency says oil and gas companies, with 2030 …the year when natural gas will overtake coal to become the world's second largest source of energy after oil. Read More ». 9 Mar 2020 Global oil demand is set to drop this year for the first time since the financial crisis in 2009, the International Energy Agency (IEA) said on Monday. EV fuel demand erosion is no longer too small for energy analysts to ignore. 22 Jan 2020 In its recent report Oil and Gas Industry in Energy Transitions IEA maps out the risks facing different parts of the industry and lays out a range of 20 Jan 2020 While calling on companies to respond, the IEA acknowledged that investment in oil and gas projects would still be needed -- even in rapid