G20 mulls overhaul of global energy market: Report

An overhaul of the global energy market could be a surprise outcome of the G20 summit with plans for a new agency to protect against oil and gas supplies being used as foreign policy tools, a report said Saturday.

Global fossil fuel usage to remain dominant

Despite improved energy efficiency and expenditure on renewable energy sources, the use of fossil fuels globally is expected to remain dominant, an International Energy Agency (IEA) expert said Wednesday here.

Africa needs $300 bn in power investments: IEA

The International Energy Agency (IEA) says sub-Saharan Africa needs $300 billion in investments to achieve universal access to electricity by 2030.

World set to exceed global warming limit: IEA

The Paris-based agency urged governments to act, saying the 2C target could still be met with little economic pain.

World has five years to avoid severe warming: IEA

The world has just five years to avoid being trapped in a scenario of perilous climate change and extreme weather events, the International Energy Agency (IEA) warned on Wednesday.

Global carbon emissions at record high: IEA

Energy-related carbon-dioxide (CO2) emissions in 2010 were the highest in history.

Global temp set to rise 3.5 degrees C by 2035

Global temperatures are expected to rise 3.5 degrees C over the next 25 years, the IEA has said.

China overtakes US as World`s top energy user

China consumed 2.252 bn tons of oil equivalent of energy in 2009 - about 4% more than the US.

Global energy use to fall in 2009: IEA

For the first time since 1981, global energy use is set to fall this year, mainly due to financial crisis, according to The World Energy Outlook 2009.

Oil reserves data being fudged by US: Report

The energy watchdog (IEA) has fudged the global oil reserves data under pressure from the US, claims a report.

IEA calls for transformation of energy sector

IEA has called for a USD 10 trillion transformation of energy sector to reign in greenhouse gas emissions.

Global CO2 emissions could fall by three % in 2009: IEA

Carbon dioxide emissions, the
main driver of global warming, could fall three per cent
worldwide in 2009 due to the global economic crisis, the
International Energy Agency said on Tuesday.