Dr Fatih Birol speaks to the Financial Times on the impact of low oil prices

Financial Times, 7 July 2016

In an interview with the Financial Times, IEA Executive Director Dr Fatih Birol noted that producers in the Middle East now have the biggest share of world oil markets since the Arab fuel embargo of the 1970’s. A follow-up editorial noted that “Oil consumers also need to recognise that they are tied in a codependent relationship with the Middle East and are likely to remain so for decades to come.”

IEA: China is building a third of Africa’s new power capacity

Climate Home, 5 July 2016

Climate Home reported on the IEA paper “Boosting the Power Sector in Sub-Saharan Africa: China’s Involvement” quoting IEA Deputy Executive Director Paul Simons: “China has been an absolutely critical player in global energy over the past decade.”

First ever WEO Special Report on Energy and Air Pollution makes headlines

Various, 27 June 2016

The New York Times, Guardian, Reuters and Bloomberg were just a few of the outlets carrying coverage of IEA’s new WEO Special Report on Energy and Air Pollution. The New York Times reported that “air pollution has become a major public health crisis leading to around 6.5 million deaths each year” while the Guardian focused on the role of the private sector in energy investment to combat pollution.

Wide coverage for Medium-Term Gas Market Report 2016

Various, 6 June 2016

The Financial Times led off coverage of this year’s Medium-Term Gas Market Report, noting that “China’s natural gas consumption grew at its slowest pace in 17 years during 2015 ... according to the head of the world’s leading energy body.” Meanwhile Bloomberg reported that “while oil markets will start re-balancing after a slump next year, an oversupply in natural gas won’t disappear until the end of the decade.”

Over 1 million EVs on the road proves a popular headline

Various, 3 June 2016

The release of Global EV Outlook 2016 generated headlines from a range of newspapers, magazines and websites including Vox, Eco-Business, and Carbon Brief quoting IEA Chief Economist Laszlo Varro “Electric cars are roughly 10 years behind wind and solar in terms of deployment and technology development. Still, electric car technology is also gathering momentum. Electric cars increasingly capture the consumer’s imagination.”

Guardian reporting on ETP2016 focuses on building standards

The Guardian, 1 June 2016

This year’s edition of Energy Technology Perspectives focused on urban energy systems, leading to a widely shared article in the Guardian “Make building standards top priority for tackling climate change, says IEA chief”. The articles quotes Dr Birol: “There are many economic benefits to mandating standards, and this can be done by governments very easily. They would have positive effects on growth, improve the conditions of the population [including their safety] and to do it they just need to make different government departments work together.”

IEA Oil Industry and Markets Head addresses the strength and prospects of recent price rally

Oilprice.com, 1 May 2016

“World oil demand could well reach 100 mb/d by 2020 and it will continue rising for many years to come!” So IEA Oil Industry and Markets Head Neil Atkinson told the market analysis website Oilprice.com in an interview that focused on the recent rally in oil prices. “At the IEA we focus on the fundamentals of supply and demand,” he added, “and they currently point to a tightening of the market in late 2016.” 

Executive Director sees oil markets rebalancing over next year

Reuters, 21 April 2016

After briefing Prime Minister Shinzo Abe and other top Japanese officials in Tokyo on the economic implications of low oil prices, IEA Executive Director Fatih Birol told reporters that all the fundamentals – demand, supply, stocks – indicate that oil markets should rebalance later this year or in 2017, barring a major economic downturn. Besides reporting his comments, the news agency Reuters focused subsequently on their effect on oil trading.

Just some of the extensive news coverage for the April Oil Market Report

Various, 14 April 2016

The April issue of the IEA Oil Market Report generated hundreds of headlines around the world:

• Reports from Bloomberg and Agence France-Presse among other news services focused on the OMR’s outlook that the global oil market will “move close to balance” in the second half of this year.
• Articles from Reuters, BBC, CNN and others highlighted that the report’s views on a possible deal among oil producers to freeze output.
• Finally, the Indian newspaper Livemint as well The International Business Times zeroed in on the OMR finding that India may soon overtake China as the top driver of demand growth for oil.

“Uncork the champagne”: IEA announcement on energy-related carbon emissions receives intense coverage

Various, 16 March 2016

From China to Britain, Australia to Russia, and Germany to Guatemala, news media hailed the IEA’s announcement of stalled energy-related CO2 emissions for the second consecutive year.

Besides reports by Agence France-Presse, Bloomberg, Reuters, Xinhua and other news agencies, the announcement was on the front page of The Financial Times and featured in newspapers worldwide, including The Economic Times of India, Hurriyet and The Washington Post. “This decoupling of emissions from prosperity is cause for gratitude,” wrote The Christian Science Monitor’s editorial board. The magazines The Economist, Fortune, MIT Technology Review and Scientific American also reported the news, as did online news services including Carbon Pulse, Grist (whose article opened with the call for some bubbly), Mashable, PV-Tech and Quartz and a host of blogs like those of Climate Group and the Union of Concerned Scientists.

Guardian article lists IEA among “top 10 sources for international development research”

The Guardian, 15 March 2016

The IEA statistics webpages are featured second among the top 10 "gems which make international development research better, easier and more productive" in an article in The Guardian. "The IEA provides excellent data on how each country produces and consumes energy," according to the list compiled by Joseph Holden, a consultant in international development. "Its energy statistics report is excellent, as is its energy atlas data tool."

IEA Oil Market Report for March receives extensive press coverage

Various, 11 March 2016

News organisations around the world reported on the finding in the IEA Oil Market Report for March that oil prices “might have bottomed out”. Agence France-Presse, Bloomberg and Reuters among many other news services covered the report, as did the BBC and CNBC. Several quoted the report’s statement that market forces are “working their magic and higher-cost producers are cutting output … but we cannot be precisely sure when in 2017 the oil market will achieve the much-desired balance”. 

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