International Energy Agency

Latest International Energy Agency Items
  • Illustration by Greg Groesch/The Washington Times

    TRIPLETT: Shale revolution reality checks

    The International Energy Agency (IEA) made a mistake. Formed in 1974 at the behest of Secretary of State Henry Kissinger and headquartered in Paris, the IEA was designed to be the organization for energy-consuming countries, countering OPEC, the organization representing the producers.


  • FILE - In this Oct. 9, 2013 file photo, a front end loader dumps coal into a hauler at a mining operation at the Navajo Mine in Fruitland, N.M. A company created by the Navajo Nation has signed off on the purchase of the coal mine in northwestern New Mexico. The $85 million deal with Australian-based BHP Billiton is expected to close on Dec. 1. The Navajo Mine is the sole provider of coal to the nearby Four Corners Power Plant (AP Photo/The Daily Times, Jon Austria, File)

    Growth in Asia to keep demand for fossil fuels high

    Despite the recent buzz over renewable fuel sources such as wind and solar power, fossil fuels will still be the globe's dominant energy source for decades to come, according to a major market survey released Tuesday.


  • Iraq's flood of 'cheap oil' could rock world markets

    The U.S. is not the only nation experiencing a renaissance in oil production. Sidelined for two decades by war, sanctions and political instability, Iraq passed a critical milestone last year by producing 3 million barrels a day of crude oil for the first time since 1990, before the Persian Gulf War, reaching 3.4 million barrels a day by December.


  • Illustration by Alexander Hunter for The Washington Times

    HOLT: International relations get a jolt from U.S. energy

    There is an energy revolution under way in the United States. Booming oil and natural gas production is transforming our economic outlook, ushering newfound wealth to our rural areas and providing high-paying jobs for middle-class workers across the country.


  • Workers move a section of well casing into place at a Chesapeake Energy natural gas well site near Burlington, Pa. Fracking uses water mixed with sand and chemicals to break underground rock and release large amounts of gas. (Associated Press)

    U.S. poised 
to overtake 
Saudi oil 
production

    By about 2020, the United States will overtake Saudi Arabia as the world's largest oil producer and put North America as a whole on track to become a net exporter of oil as soon as 2030, according to a report from the International Energy Agency.


  • IEA: Time running out to limit earth's warming

    The chief economist for the International Energy Agency says the world is hurtling toward irreversible climate change unless governments cut fossil fuel subsidies and improve energy efficiency.


  • ** FILE ** The Obama administration recently decided to release 30 million barrels of oil from the country's emergency reserve as part of a broader international response to lost oil supplies caused by turmoil in the Middle East and North Africa. (AP Photo/J Pat Carter, File)

    Economic stimulus measures unconventional

    Stuck with a glacial pace of economic recovery and little likelihood that Congress will approve more stimulus, the White House has been resorting to some unconventional measures to try to boost growth.


  • **FILE** Iraqis work at the Rumaila oil refinery near the city of Basra. The province, located on the Persian Gulf bordering Kuwait and Iran, is Iraq's only outlet to the sea and is the hub for most of Iraq's oil exports of nearly 1.9 million barrels a day to the international market. (Associated Press)

    Non-OPEC governments to release oil to combat high price

    The International Energy Agency, which includes the U.S. and 27 other countries, said Thursday it would release 60 million barrels of oil from emergency stocks in an effort to stave off a possible spike in energy prices that could strain the global economic recovery.


  • FILE - In this July 15, 2009 file photo, U.S. Secretary of Commerce Gary Locke, center, chats with an unidentified Chinese officer as he looks at a turbine inside the China Resources Golden Concord-Co-generation Plant at the Beijing Development Area in Beijing. China has overtaken the United States as the world's largest energy consumer, the International Energy Agency said Tuesday, July 20, 2010. China immediately questioned the calculation. (AP Photo/Andy Wong, File)

    China surpasses US as world's top energy consumer

    China is now king of the world in energy consumption, surpassing the U.S. years ahead of forecasts in a milestone that left the Asian giant immediately rejecting its new crown.


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