The United States are set to overtake Saudi Arabia as the world’s number two oil producer this year, as shale companies, attracted by rising prices, ramp up drilling, the International Energy Agency said today.
India’s coal use is set to continue to rise on improved power demand and lower capacity utilization of power plants, according to the International Energy Agency (IEA).
India’s thermal coal demand is poised to fall, belying hopes of exporters from Australia and US who eyed the country as a long-term growth market.
Recently, the International Energy Agency (IEA) has acknowledged India would be the fastest growing energy consumer and market till 2040.
India became the third largest country for energy investment in 2016 only behind China and the United States of America, an International Energy Agency’s report pointed out.
The World Coal Association (WCA) has welcomed the International Energy Agency’s (IEA) declaration that coal will continue to play a vital role in the global energy mix.
With slowing energy demand growth in China, India will account for almost one-third of global growth by 2040, according to the latest World Energy Outlook (WEO) of the International Energy Agency (IEA).
With slowing energy demand growth in China, India will account for almost one-third of global growth to 2040, said the World Energy Outlook (WEO) of the International Energy Agency (IEA).
Botswana coalproducer Minergy plans to list in London next year to give it access to a pool of capital that it could tap at a later date to fund its expansion, it said on Friday.
Digital technologies are set to transform the global energy landscape, making it more connected, reliable and sustainable, which will have a profound and lasting impact on both energy demand and supply, states a new report on Digitalisation and Energy by the International Energy Agency(IEA).