The Latest Breaking News from IEA

The world added 50 percent more renewable energy capacity in 2023 over the previous year but more is needed in the battle against climate change, the International Energy Agency said Thursday.

The International Energy Agency reports that renewable energy experienced its fastest growth in 25 years, driven primarily by solar power in China.

Cautious optimism among experts that emissions from energy use may have peaked as net zero mission intensifies

Renewable energy is poised for a rebound in 2024, but higher oil prices will continue to make it difficult to quit fossil fuels. A crucial year looms.

Despite the increasing focus on transitioning away from fossil fuels worldwide, oil demand is expected to remain solid in the coming years. Hence, fundamentally solid energy stocks Baker Hughes (BKR), Sasol (SSL), and CrossAmerica Partners (CAPL) might be ideal buys now. Keep reading.

The Institute of Economic Affairs appeared on British media an average of 14 times a day in the last year, this newsletter has found.

Angola's departure from OPEC exposes the tensions with the oil cartel as it seeks to cut output to maintain prices just as the United States ramps up production.

Despite slashing oil production for months on end and announcing new cuts in late November, the Organization of the Petroleum Exporting Countries (OPEC) and its ten allies have struggled to boost flagging prices.

Global coal demand to decline by 2026, India to remain "driving force" despite record production in 2023.