ExxonMobil produced a report on Monday that anticipated oil demand reaching a “plateau” in 2030 and remaining fairly stable for the next 20 years – a prediction far out of line with political narratives of a “transition to green energy.”
The International Energy Agency (IEA) on Thursday produced a report that found “clean energy” investments have skyrocketed during Russia’s invasion of Ukraine, driven by anxiety over volatile fossil fuel prices and the cutoff of oil and gas supplies from Russia.
The ever-increasing use of green energy is making the world’s power supply more vulnerable to weather, a report on Wednesday has claimed.
The International Energy Agency (IEA) published a report on Friday that found coal use surging around the world, with the United States and India leading the pack in 2021 at 15 percent and 14 percent growth in coal consumption, respectively.
Global use of coal climbed to a record high as the energy crisis in Europe saw some supposedly ‘green’ countries forced to burn coal.
Serious gas shortages across the EU are now on the cards for next year, Commission President Ursula von der Leyen has warned.
Wrap up and keep warm. Consumers across Europe were given a bleak warning Monday the winter ahead will be long, cold, and uncomfortable given challenges to global energy supplies.
Is your car really necessary? The World Economic Forum (WEF) doesn’t think so. It has published a paper that calls for an end to “wasteful” private car ownership in favor of communal sharing to lessen global demands for precious metals and fossil fuels.
The European Central Bank predicted the region will not fall into stagflation, following previous claims that inflation would be “temporary”.
Measures akin to a COVID lockdown are needed in order to curb the EU’s reliance on Russian oil, one member state has said.
U.N. chief Antonio Guterres on Wednesday called for an end to oil, gas, and coal use in favor of renewable sources as part of a self-described global climate Marshall Plan.
Give up your car and start walking. That’s an order. The International Energy Agency (IEA) on Friday directed global governments to urgently cut oil supply to domestic consumers and encourage compliance with its call for lowered consumption.
Europeans should be turning down their thermostats to help fight the Ruskies, according to a new report published by one OECD group.
But the IEA is spinning it as a bad thing: a sign that we are not doing enough to cut our ‘carbon’ emissions.
The CEO of the American Exploration and Production Council said in a statement Wednesday that President Joe Biden’s plan to ban drilling leasing on federal land is killing American jobs and emergency independence in an economy struggling from the coronavirus pandemic.
Sen. Ted Cruz released a video that denounces Bernie Sanders and Alexandria Ocasio-Cortez’s legislation to ban fracking.
The United States led the world in tackling CO2 emissions last year while also experiencing solid economic growth, a new report reveals. It also states that while the U.S. was hitting its goals, at the same time “80 percent of the increase in CO2 emissions came from Asia and that China and India both contributed significantly” to global increases.
Australia Prime Minister Scott Morrison has slammed calls from radical climate activists to end the export of coal – an industry worth $67billion a year to the nation’s economy – as a new report shows global demand is set to keep increasing over the next decade and beyond.
Venezuela’s vital oil industry is on the brink of total collapse following a nationwide blackout that has further deepened the country’s economic and humanitarian crisis, the International Energy Agency warned this weekend.
The Paris-based International Energy Agency’s (IEA) Oil Forecast reveals that the U.S shale revolution is transforming global oil markets.
Soaring domestic production levels means the U.S. is ready to pass both Saudi Arabia and Russia to reclaim the title of the world’s biggest crude oil producer. It last held that position in 1974.
