Tag : IEA

Business

China electric cars reshape fuel demand and Venezuela oil flows

manamalive.com
BEIJING: China’s rapid shift to electric vehicles is reshaping the world’s largest auto market and dulling growth in the transport fuel demand that once underpinned its appetite for imported crude, including heavy oil from Venezuela. The International...
Ministers discuss equitable solutions for energy transitions at G20 meeting
Business

Ministers discuss equitable solutions for energy transitions at G20 meeting

manamalive.com
The Global Commission on Clean Energy, led by IEA, met at the G20 to discuss equitable, affordable transitions in energy, addressing key issues for fairer global policies....
IEA report urges stronger policy support for low-emissions hydrogen demand
Business

IEA report urges stronger policy support for low-emissions hydrogen demand

manamalive.com
A new IEA report highlights growing investment in low-emissions hydrogen projects but stresses the need for stronger policies to boost demand in key sectors such as industry and transport....
Global oil dynamics shift as OPEC+ agrees on 2 million bpd cut
Business

Global oil dynamics shift as OPEC+ agrees on 2 million bpd cut

manamalive.com
In a pivotal move, OPEC+ members, responsible for over 40% of global oil supply, have agreed to substantial voluntary production cuts for early next year. The decision, led by Saudi Arabia’s commitment to maintain its...