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Search, download and purchase energy data and statisticsExplore IEA analysis on the impact of the ongoing pandemic You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. We want to hear from you.Sign up for free newsletters and get more CNBC delivered to your inboxGet this delivered to your inbox, and more info about our products and services. Global Business and Financial News, Stock Quotes, and Market Data and Analysis.An Eastar Jet Inc. aircraft, front, and Jeju Air Co. aircraft sit on the tarmac at Incheon International Airport in Incheon, South Korea, on Wednesday, Aug. 12, 2020.An Indian Oil Petrol Pump employee is seen wearing a face shield, as he fuels a customer's vehicle in an open Petrol Retail Outlet of Kolkata during the Covid-19 pandemic.Avishek Das | SOPA Images | LightRocket via Getty Images High-carbon liquids and gases.
The oil and gas industry will be critical for some key capital-intensive clean energy technologies to reach maturity. By Kartik Veerakumar They were found positive in the COVID-19 test conducted at a hospital in Mahim," said Assistant Municipal Commissioner, G North ward, Kiran DighavkarYou may not have noticed it but the price of subsidised cooking gas rose by an average of just less than Rs 10 per cylinder per month in the July-June 2019-20 period, taking the price of common man's fuel closer to market rates.We have various options to advertise with us including Events, Advertorials, Banners, Mailers, Webinars etc. "Our balances show that in June demand exceeded supply, and for the rest of the year there is an implied stock draw," the IEA said. The IEA said it now sees global oil demand for 2020 at 91.1 million barrels per day, reflecting a fall of 8.1 million barrels per day year-on-year. Putting a price on carbon – an efficient way for Thailand to meet its bold emission targetPost Covid-19, further reform is necessary to accelerate China’s clean energy futureAligning investment and innovation in heavy industries to accelerate the transition to net-zero emissions Attracting private investment to fund sustainable recoveries: The case of Indonesia's power sectorIt’s time for the world to rise to its energy innovation challenge
The IEA noted in its latest oil market report that the new forecast reflects the “stalling of mobility” as the number of Covid-19 cases remains high and weakness in the aviation sector. Flagship report The impacts of the Covid-19 crisis on global energy demand and CO2 emissions. In response to the exceptional circumstances stemming from the coronavirus pandemic, the annual IEA Global Energy Review has expanded its coverage to include real-time analysis of developments to date in 2020 and possible directions for the rest of the year. The energy sector, as a key enabler of modern life, is uniquely affected by this crisis but is also critical for global and national response and recovery efforts.The IEA's Sustainable Recovery Plan offers an energy sector roadmap for governments to spur economic growth, create millions of jobs and put global emissions into structural declineThe unprecedented health emergency and economic crisis triggered by the Covid-19 pandemic risks to be a setback for clean energy innovation efforts at a time in which faster progress is needed.In response to the exceptional circumstances stemming from the coronavirus pandemic, the annual IEA Global Energy Review has expanded its coverage to include real-time analysis of developments to date in 2020 and possible directions for the rest of the year.After an unprecedented shock, further reforms will be crucial for accelerating the transition to a more secure and cleaner energy futureThe International Energy Agency provides data, analysis, and solutions on all fuels and technologies.IEA analysis is built upon a foundation of activities and focus areas including data and statistics, training, innovation and international cooperation.Keep up to date with our latest news and analysis by subscribing to our regular newsletterThank you for subscribing. By Mafalda Silva "However, ongoing uncertainty around demand caused by Covid-19 and the possibility of higher output means that the oil market's re-balancing remains delicate. The report comes shortly after the world's largest oil and gas firms Earlier this year, IEA Executive Director Fatih Birol "Recent mobility data suggest the recovery has plateaued in many regions, although Europe, for now, remains on an upward trend," the IEA said in its release Thursday.
and Timur Gül Data is a real-time snapshot *Data is delayed at least 15 minutes. Methane emissions come from a range of anthropogenic and natural sources; within the energy sector, from oil, natural gas, coal and bioenergy.
"For road transport fuels, demand in the first half of 2020 was slightly stronger than anticipated, but for the second half we remain cautious and the upsurge in Covid-19 cases has seen us downgrade our estimates, mainly for gasoline. The International Energy Agency lowered its global oil demand forecasts for the first time in several months on Thursday, as the number of Covid-19 infections remains high and amid ongoing weakness in the aviation sector.
The metric uses a fixed ratio of estimated total production from new wells divided by the region's monthly rig count, lagged by two months.
This revised forecast is 140,000 barrels per day lower than the IEA's previous projection. "Not only will the world have lost 2+ years of demand growth, but the elasticity of oil product demand to global GDP will take a step-level change lower," the bank wrote in a note published on Wednesday
The IEA report followed a report from OPEC, which warned that its rivals in the U.S. shale-oil industry are being hit less hard by the market downturn than it previously expected.
The updated projection, which is the IEA…