Tag : IEA

Business

China electric cars reshape fuel demand and Venezuela oil flows

omandailynews.com
BEIJING: China’s rapid shift to electric vehicles is reshaping the world’s largest auto market and dulling growth in the transport fuel demand that once underpinned its appetite for imported crude, including heavy oil from Venezuela. The International Energy Agency said China sold over 11 million electric cars in 2024, with electric models......
Business

G20 energy ministers discuss fair and affordable clean energy transitions

omandailynews.com
The Global Commission on Clean Energy, led by IEA, met at the G20 to discuss equitable, affordable transitions in energy, addressing key issues for fairer global policies....
Business

IEA report highlights growth in low-emissions hydrogen, but policies lag

omandailynews.com
A new IEA report highlights growing investment in low-emissions hydrogen projects but stresses the need for stronger policies to boost demand in key sectors such as industry and transport....
Business

Policy support and green efforts drive 11 percent increase in global heat pump sales in 2022

omandailynews.com
Global sales of heat pumps grew by 11% in 2022, according to the latest International Energy Agency (IEA) analysis, marking a second year of double-digit growth for the central technology in the world’s transition to secure and sustainable heating. Increased policy support and incentives for heat pumps in light of......