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The Latest Breaking News from IEA

Crude Rallies as OPEC+ Keeps Output Levels Unchanged in Q1

February WTI crude oil (CLG26 ) today is up +0.88 (+1.54%), and February RBOB gasoline (RBG26 ) is up +0.0192 (+1.13%). Crude oil and gasoline prices recovered from early losses today and are sharply higher after OPEC+ on Sunday stuck with its plans to pause an increase in the group's...

Barchart

‘Just an unbelievable amount of pollution’: how big a threat is AI to the climate?

Defenders say AI can do good to fight the climate crisis. But spiralling energy and water costs leave experts worried

The Guardian - UK

Crude Prices Pressured by Concerns About a Global Oil Glut

February WTI crude oil (CLG26 ) on Friday closed down -0.10 (-0.17%), and February RBOB gasoline (RBG26 ) closed down -0.0168 (-0.08%). Crude oil and gasoline prices tumbled to 2-week lows on Friday on expectations for a record global supply surplus. Both the International Energy Agency (IEA) and the US...

Barchart

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Crude Prices Decline on Expectations of a Record Global Oil Surplus

February WTI crude oil (CLG26 ) today is down -0.61 (-1.06%), and February RBOB gasoline (RBG26 ) is down -0.0253 (-1.48%). Crude oil and gasoline prices tumbled to 2-week lows today on expectations for a record global supply surplus. Both the International Energy Agency (IEA) and the US government see...

Barchart

South Korea’s climate pledge to cut coal, lower emissions clash with US push for LNG purchases

South Korea is chasing a coal-free future in efforts to slash carbon emissions, an ambitious goal for the fossil fuel-dependent country

The Independent UK

AI boom has caused same CO2 emissions in 2025 as New York City, report claims

Study author says tech companies are reaping benefits of artificial intelligence age but society is left to pay cost

The Guardian - UK

Who benefits from ‘nation-building’ projects like Ksi Lisims?

When the Canadian government added the proposed Ksi Lisims LNG terminal on Nisg̱a’a territory in northwest British Columbia to its new list of fast-tracked “nation-building” projects this fall, it resurrected an idea many British Columbians thought had quietly faded away: that liquefied natural gas (LNG) exports are central to the…

The Conversation

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How can Australia convince the world to give up fossil fuels if Anthony Albanese is contradicting himself on gas expansion?

Getting to net zero CO2 emissions globally means we can halt global warming. This requires a rapid phase-out. It’s physics

The Guardian - AU

AI Data Centers Are Quietly Creating A Natural Gas Supercycle — And The IEA Just Confirmed It

America's AI boom isn't just reshaping tech. It's rewiring the entire energy transition — and the IEA's World Energy Outlook 2025 report makes it brutally clear: soaring power demand from data centers is pushing the U.S. right back toward natural gas. In a year when policy U-turns slowed renewable deployment,…

Benzinga

The Coalition claims pursuing net zero will increase power bills – but in the real world the opposite is true

The International Energy Agency, once known for an anti-renewables bias, now says a more ambitious transition will lower prices

The Guardian - AU

Oversupply of oil could create glut of 4m barrels a day, says energy watchdog

Warning comes as scenario in which global demand continues to grow until 2050 is included in IEA outlook report

The Guardian - UK

This chart shows that progress has actually been made on climate change

The possible trajectories are better than a decade ago, but still indicate significant global warming.

Axios

Energy fuels geopolitical tensions, but leaders lack the resolve to tackle challenges

The IEA warns of fragile grids, chokepoint minerals and a nuclear revival — while political will is the scarcest fuel.

Euronews

IEA heralds 'the Age of Electricity' while warning that oil may not be peaking in 2030 after all

The International Energy Agency’s World Energy Outlook still sees a pathway to mitigage "the most severe risks from climate change."

Fortune

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Benzinga

Gavin Newsom Slams Trump's Reported California Drilling Push As IEA U-Turns To Predict Global Oil Demand Growth Until 2050

California Governor Gavin Newsom strongly opposed the Trump administration’s reported intentions to expand offshore drilling in California, as the International Energy Agency (IEA) on Wednesday predicted global oil and gas demand could grow until 2050.

Euronews

Rising electricity demand drives urgent need for diverse, resilient energy, IEA says

Renewable energy, led by solar power, will grow faster than any other major source in the next few years, the annual outlooks says.

The Independent UK

Diverse and resilient energy production is needed to meet future demand, global report says

Electricity demand will rise much faster than overall energy growth in the coming decades, underscoring the need for diversified energy sources and supply chains, That's according to a new report by the International Energy Agency

Axios

Influential study sees "less momentum" on cutting global CO2 emissions

IEA's latest World Energy Outlook could influence anyone trying to understand where the energy mix might head.

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The Guardian - UK

Supply boom in cheaper renewables will seal end of fossil fuel era, says IEA

Watchdog’s flagship report says rise in low-carbon electricity will make transition ‘inevitable’, despite Trump’s calls to carry on drilling

The Conversation

Why Bill Gates’ climate memo is being celebrated by skeptics while frustrating scientists

Shortly before COP30 talks begin in Brazil, tech billionaire and philanthropist Bill Gates has launched a “narrative grenade” into the discourse of climate politics by publishing a lengthy memo calling for a rethink of how the climate crisis is framed and addressed.

Barchart

Crude Prices Slip on the Outlook for Ample Global Supplies

November WTI crude oil (CLX25 ) on Wednesday closed down -0.43 (-0.73%), and November RBOB gasoline (RBX25 ) closed up +0.0058 (+0.32%). Crude oil and gasoline prices settled mixed on Wednesday. Crude remains under pressure on concerns over a global supply glut after the IEA on Tuesday forecast a record...

Barchart

Crude Prices Undercut by Concerns of a Global Supply Glut

November WTI crude oil (CLX25 ) today is down -0.33 (-0.56%), and November RBOB gasoline (RBX25 ) is up +0.0035 (+0.19%). Crude oil and gasoline prices are mixed today. Crude remains under pressure on concerns over a global supply glut after the IEA on Tuesday forecast a record global oil...

The Guardian - UK

Can Colombia embrace clean energy without damaging the Amazon?

At the foot of the Andes, a Canadian firm has plans for one of the country’s biggest copper mines, but many say the carbon-rich forests and clean rivers are too high a price to pay

Motor1

BMW and Toyota Were Right: Going All in on EVs Was a Mistake

At the beginning of the decade, car companies rushed to set expiration dates for combustion engines. It's as if there was a race to see who could go all-in on EVs first, with companies like Volvo and Bentley pledging to abandon gas cars by 2030. Others, like Ford of Europe,…

Radio France Internationale

Clean energy surpasses coal but policy headwinds threaten 2030 goals, IEA warns

This year, solar and wind farms generated more electricity than coal for the first time. But United States and Chinese policy shifts are slowing growth, making it unlikely that the global 2030 clean energy goals will be met, according to a report released by the International Energy Agency.

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