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CO2 emissions in 2018 increased by 0.5 percent for every one percentage point gain in global economic output, compared to a 0.3 percent average increase since 2010. (Photo:AP)

Climate trouble associated with spike in energy

According to International Energy Agency, 2018 spike in energy demand spells climate trouble.

26 March 2019 1:06 PM IST

US oil shipments to China have surged, creating trade between the worlds two biggest powers that until 2016 just did not exist.

Saudi oil cuts deeper than promised: International Energy Agency

The Paris-based IEA said production by OPEC kingpin Saudi Arabia dropped to its lowest level in two years in March.

11 April 2019 6:11 PM IST

Indian economy is and will become even more exposed to risks of supply disruptions, geopolitical uncertainties and the volatility of oil prices.

India's oil demand growth set to overtake China by mid-2020s: IEA

India's oil demand is expected to reach 6 million barrels per day (bpd) by 2024 from 4.4 million bpd in 2017.

10 Jan 2020 11:38 AM IST

Heads of prominent oil manufacturing firms in the country such as HPCL, IOC and BPCL have agreed to the scheme and issued circulars to dealers about it.

Global oil supplies up, but OPEC abides by output cut: IEA

In November last year, OPEC countries had agreed to cut output by 1.2 bpd from January 1.

15 March 2017 3:44 PM IST

The government last month said there were no plans to cut down coal production as the demand had already picked up.

Coal demand growth to stall as appetite wanes: IEA

The share of coal in the power generation mix will drop to 36 per cent by 2021

12 Dec 2016 6:24 PM IST