International Energy Agency

• IEA says it will release 20 million barrels of diesel ‘as soon as possible’

  In March, members of the International Energy Agency agreed to release more than 400 million barrels of oil from their emergency reserves to calm oil markets.

  Economy

  Oct 16
  
• Global energy crisis will be ‘daily issue’ in Canada soon, IEA chief warns

  "I think Canada is a bit insulated, if I may say, (of) what's happening. In fact, big things are happening," Faith Birol said in a fireside chat with Energy Minister Tim Hodgson.

  Canada

  May 6
  
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• Global CO2 emissions from energy hit record high in 2023: report

  Global energy-related emissions of carbon dioxide (CO2) hit a record high last year, driven partly by increased fossil fuel use in countries with drought.

  World

  Mar 1, 2024
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• Heat pumps vs. AC: Report notes progress, challenges in reaching climate goals

  The IEA report found the momentum behind energy efficiency continued to increase in part due to the global energy crisis resulting from Russia's invasion of Ukraine.

  Canada

  Nov 29, 2023
• IEA report warns oil and gas companies against banking on carbon capture

  A new report from the IEA warns that oil and gas companies shouldn't bank on carbon capture and storage to help them maintain their status quo on a warming planet.

  Canada

  Nov 23, 2023
• Oil market could shift into surplus at the start of 2024, IEA says

  The International Energy Agency joins the Organization of the Petroleum Exporting Countries in raising its oil demand growth forecast for 2023.

  World

  Nov 14, 2023
• Fossil fuel demand to peak before 2030 even with no new climate policies: report

  The IEA says this means that no new major oil and gas extraction projects are needed anywhere around the globe, nor any new coal mines or unabated coal plants.

  Environment

  Sep 26, 2023
• Growing number of forecasts predict oil will reach US$100 this fall

  According to Statistics Canada, Canada's annual inflation rate has risen for two consecutive months, with higher gasoline and energy prices the major driving factor.

  Canada

  Sep 20, 2023
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• Record-breaking global coal demand set to remain at all-time high in 2023

  Global coal consumption set a new record in 2022, prompting calls from the International Energy Agency for more investments in clean energy.

  Canada

  Jul 29, 2023
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• Canada can increase oil, gas exports in 2022 to help global energy security: Wilkinson

  Natural Resources Minister Jonathan Wilkinson said Canada can increase oil and natural gas exports by a total of 300,000 barrels per day to help improve global energy security.

  Economy

  Mar 24, 2022