AI-driven data centres are rapidly increasing global electricity demand, with consumption projected to reach 945 TWh…
Tag: IEA
JPMorgan Sees No Clear Endgame For Oil Markets
JPMorgan says it has no clear baseline for oil markets as prolonged conflict keeps global supply…
FG Rejects Return to Fuel Subsidies Amid Global Price Surge
Federal Government (FG) is maintaining market-based fuel pricing despite global moves to cushion rising energy costs.…
IEA Projects Stronger Energy Investment Outlook in Nigeria
The IEA expects Africa’s energy investment to reach $110 billion in 2026, with Nigeria remaining one…
IEA to Release 400m Barrels From Oil Reserves
IEA has announced the release of 400 million barrels of oil from emergency reserves to stabilise…
Kenya, U.S., Norway, IEA Launch 2026 Clean Cooking Summit
Kenya, Norway, the United States and the IEA will host a 2026 Clean Cooking Summit in…
Mission Innovation to Establish Secretariat at IEA Headquarters in Paris
Mission Innovation’s 24 member governments have approved the creation of its Secretariat at the International Energy…
IEA Hails Nigeria’s Upstream Reforms
The International Energy Agency (IEA) has praised the continuing reforms in Nigeria’s upstream petroleum sector. At…
Global Energy Efficiency Set to Accelerate in 2025, IEA
Global energy efficiency is expected to improve faster in 2025 than in 2024, according to the…
Korea Must Scale Clean Power to Meet 2050 Net Zero Goal
The International Energy Agency (IEA) states that faster deployment of renewable energy and targeted market reforms…