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Tag Archives: IEA

Uganda joins pledge for stronger action on energy efficiency

Kampala, Uganda | TE INDEPENDENT | Forty-five governments from around the world including Uganda have endorsed doubling the average global rate of energy efficiency improvements by the end of the decade. They pledged to support stronger policy action and prioritize investment in a ‘crucial decade’ for energy and climate targets. They …

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EU faces potential natural gas shortage in 2023: IEA

Brussels, Belgium | Xinhua | The European Union (EU) could face a shortfall of nearly 30 billion cubic meters (bcm) of natural gas in 2023, Fatih Birol, executive director of the International Energy Agency (IEA), said on Monday. He presented a report titled “How to avoid gas shortages in the European …

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Europe could risk gas shortage in 2023: IEA

Paris, France | Xinhua | Europe could face a shortage of as much as 30 billion cubic meters (bcm) of natural gas during the key summer period for refilling its gas storage sites in 2023, the International Energy Agency (IEA) warned on Thursday. “Europe needs to take immediate action to avoid …

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Filling natural gas supply gap

Senegal and Mauritania have laid the groundwork to be front-runners in the mix to replace Russia to EU | NJ AYUK | Mauritania and Senegal have laid the groundwork necessary for BP, Kosmos, and their contractors to establish an offshore production complex, with development wells connected to a floating production …

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Oil prices surge on renewed supply concerns

New York, U.S. | Xinhua | Oil prices jumped on Thursday as supply worries returned to the market. The West Texas Intermediate (WTI) for April delivery added 7.94 U.S. dollars, or 8.4 percent, to settle at 102.98 dollars a barrel on the New York Mercantile Exchange. Brent crude for May delivery …

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