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Investors, Scientists Urge IEA Head to Take Bolder Climate Stance

2020-05-29 16:02:02| OGI

Groups want the organization to align its June report with Paris accord goal.

Tags: head climate investors scientists

 

IEA: Global Energy Investment Expected to Tumble 20% in 2020

2020-05-27 14:51:31| OGI

At the start of the year, global energy investment was on track for a 2% increase in 2020, its biggest growth in six years, the IEA said.

Tags: global expected energy investment

 
 

Record drop in energy investment, warns IEA think-tank

2020-05-27 06:00:50| BBC News | Business | UK Edition

The pandemic has caused a record fall in energy investment and will likely lead to more pollution.

Tags: record energy investment drop

 

IEA Still Sees Record 2020 Oil Demand Fall But Easing Lockdowns Helping

2020-05-14 15:24:51| OGI

Demand is expected to fall by 8.6 million barrels per day (MMbbl/d), the IEA said in its monthly report, raising its estimate by 690,000 bbl/d compared to last month.

Tags: record fall oil demand

 

IEA - Oil and gas industry in energy transitions

2020-05-02 17:11:41| Oil IT Journal - www.oilit.com

International Energy Authority's (pre-coronavirus) analysis of the oil and gas industry shows stranded assets and stranded capital if the COP 2° warming scenario is to be realized. Solutions to global warming 'cannot be found within today's oil and gas paradigm'. Carbon capture is a means of mitigating the risks of stranded assets and capital. But CCUS investment is low and decreasing. On the positive side (for the industry) the risk of a mid-term supply shock means that 'continued investment in existing oil fields, as well as some new ones, remains a necessary part of the energy transition'.

Tags: industry energy gas oil

 

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