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IEA: Politicians underestimate the energy crisis
Business News

IEA: Politicians underestimate the energy crisis

Politicians are underestimating the extent of the disruptions in the gas and oil markets, according to Fatih Birol, head of the International Energy Agency (IEA).
Oil crisis advice: Work from home
Business News

Oil crisis advice: Work from home

The war involving Iran has caused oil and gas prices to skyrocket. The International Energy Agency (IEA) is now pointing to measures that could ease the pressure on the economy
Oil from US reserves to be repaid with interest by September 2028
Business News

Oil from US reserves to be repaid with interest by September 2028

The oil released from U. S
Sweden contributes to alleviating oil market disruption
Business News

Sweden contributes to alleviating oil market disruption

Sweden is helping to alleviate disruptions in the oil market resulting from the Iran war.
Japan begins releasing oil from reserves
Business News

Japan begins releasing oil from reserves

Japan has begun withdrawing oil from its strategic reserves, the government announced on Monday.
IEA says strategic oil reserves in Asia and Oceania to be released immediately
Business News

IEA says strategic oil reserves in Asia and Oceania to be released immediately

Strategic oil reserves in Asia and Oceania should be "immediately" released, according to the International Energy Agency (IEA).
Wall Street fell heavily amid rising oil prices and war fears
Business News

Wall Street fell heavily amid rising oil prices and war fears

US stock markets ended the day with steep losses amid rising oil prices and continued fears of war.
IEA: Biggest disruption to global oil trade yet
Business News

IEA: Biggest disruption to global oil trade yet

The war involving Iran is causing the worst disruption to the global oil market in history, according to the IEA (the International Energy Agency). On Wednesday, the price of a barrel of oil was back up, hovering around $100
Despite oil announcement, the stock market fell
Business News

Despite oil announcement, the stock market fell

The Stockholm Stock Exchange closed 0. 8 percent lower
Western countries open up their oil reserves, releasing 400 million barrels to curb price increases amid the Iran war
Business NewsTop News

Western countries open up their oil reserves, releasing 400 million barrels to curb price increases amid the Iran war

Western members of the International Energy Agency (IEA) have agreed to release 400 million barrels of crude oil from their reserves to curb price increases amid the Iran war. The decision was unanimous
Oil prices surge in extremely stressed market
Business NewsTop News

Oil prices surge in extremely stressed market

The war in and around Iran is causing the price of oil to skyrocket. On Monday, a barrel of North Sea oil (Brent) traded at a high of more than $115
Russian oil exports plummet – lowest since the invasion
Business News

Russian oil exports plummet – lowest since the invasion

Russia's oil export revenues fell in November to the lowest level since the invasion of Ukraine in 2022, according to the International Energy Agency (IEA).
After one year: Weak school results became even weaker
Sweden News

After one year: Weak school results became even weaker

All students get an equal chance to increase their knowledge over the course of a year. Or not? A new study shows that some students remain at the same level of knowledge in grade 9 as they did in grade 8 – or even worsen their results
OPEC eases oil pressure – despite surplus
Business News

OPEC eases oil pressure – despite surplus

OPEC countries have decided on a small increase in oil production, despite a surplus on the world market.
China Aims for 28 Million EV Charging Points by 2027
Business News

China Aims for 28 Million EV Charging Points by 2027

China's expansion of charging stations for electric cars is at a frantic pace. The goal is to set up 800 new ones – every day
Record Oil Surplus Projected for 2026
Business News

Record Oil Surplus Projected for 2026

The surplus of oil will be record-large in 2026 and larger than previously calculated, writes the International Energy Agency (IEA) in its monthly report.
Oil Demand Surpasses Expectations for 2026, Says IEA
Business News

Oil Demand Surpasses Expectations for 2026, Says IEA

Demand for oil in 2026 is estimated at 104. 6 million barrels per day by the Paris-based International Energy Agency IEA
Google Claims AI Tool Gemini Has Minimal Environmental Impact
Sweden News

Google Claims AI Tool Gemini Has Minimal Environmental Impact

What does an average AI search actually have for environmental impact? Pretty small, if you believe Google which has investigated water, energy consumption and carbon dioxide emissions from its own tool Gemini.
Record Oil Surplus Expected Globally Next Year
Business News

Record Oil Surplus Expected Globally Next Year

Next year, a record large surplus of oil is expected on the global market due to decreased demand and increased supply, according to the International Energy Agency (IEA).
China's Solar Capacity Doubles with 212 GW Expansion
Business News

China's Solar Capacity Doubles with 212 GW Expansion

China's investment in renewable energy just keeps accelerating. During the first half of the year, the country expanded its solar capacity by 212 gigawatt
Opec-plus Production Pause May Impact Petrol Prices
Business News

Opec-plus Production Pause May Impact Petrol Prices

The price of diesel and petrol has been pushed down in recent times by increased global oil production. But now, the members of Opec-plus, with Saudi Arabia and Russia as the heaviest actors, are expected to pause the increase
IEA Report: Oil Market Stable Amid Geopolitical Tensions
Business News

IEA Report: Oil Market Stable Amid Geopolitical Tensions

The oil market has a good supply despite the growing geopolitical unrest, writes the organization IEA in its report for 2025.
Turkmenistan Reduces Hell's Gate Gas Flame After 50 Years
World News

Turkmenistan Reduces Hell's Gate Gas Flame After 50 Years

Turkmenistan announces that it has succeeded in reducing a large gas leak that has been burning for over 50 years.
Global Oil Investment Decline Predicted for This Year, Says IEA
Business News

Global Oil Investment Decline Predicted for This Year, Says IEA

The oil industry's investments are falling for the first time in a long time, according to the organization IEA. President Trump's appeal "drill baby drill" is going poorly – ten percent of the investments in the USA are expected to fall this year
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