… In April, the head of the International Energy Agency, an intergovernmental organisation that advises on energy policy, appeared to validate Miliband’s scepticism. …
… The drop has been attributed to weaker Chinese imports, record-high US oil exports and continued releases from strategic petroleum reserves by member countries of the International Energy Agency (IEA). …
… The decline has been attributed to weaker Chinese imports, record-high US oil exports and continued releases from strategic petroleum reserves by member countries of the International Energy Agency (IEA). …
… The decline has been attributed to weaker Chinese imports, record-high US oil exports and continued releases from strategic petroleum reserves by member countries of the International Energy Agency (IEA). …
… The target is based on analysis from the International Energy Agency (IEA) and the International Renewable Energy Agency (IRENA) and is designed to support implementation of the Paris Agreement and help keep the world on a pathway consistent with limiting warming to 1.5°C above p …
… China is home to vast supply chains for EV parts that help to lower the cost of production by at least 30% compared to the rest of the world, according to the International Energy Agency. …
… In mid-April, the head of the International Energy Agency (IEA), which advises 32 member governments on energy supply and security,warned that Europe had Europe would face jet fuel shortages by June unless more can be secured from elsewhere. …
… Global energy studies by the IPCC and the International Energy Agency further indicate that rising temperatures tend to increase electricity demand, especially through higher cooling loads. …
The chief executive of Adura, the owner of the Jackdaw gas platform in the North Sea, told BBC News that government approval is "hyper critical" to avoid domestic supply shortages this winter, saying the project could meet 6% of UK gas needs from 1 October. Environmental campaigners oppose the project, citing this summer's record heatwaves as evidence of the need to tackle climate change.
The chief executive of Adura, the owner of the Jackdaw gas platform in the North Sea, told BBC News that government approval is "hyper critical" to avoid domestic supply shortages this winter, saying the project could meet 6% of UK gas needs from 1 October. Environmental campaigners oppose the project, citing this summer's record heatwaves as evidence of the need to tackle climate change.
Oil Marketing Companies including GOIL and Zen Petroleum have reduced petrol and diesel prices in line with Ghana's bi-weekly fuel price review, following the National Petroleum Authority's announcement of lower price floors for the June 16–30 pricing window.
The Chief Executive Officer of the Chamber of Oil Marketing Companies says easing tensions between Iran and the United States could sustain recent declines in global crude oil prices and push them below $80 per barrel. Crude oil prices have dropped from about $110 to $97 per barrel this month, attributed to weaker Chinese imports, record-high US oil exports, and strategic petroleum reserve releases.
Petrol, diesel, and LPG prices are projected to drop significantly during the second pricing window of June, with petrol expected to fall by up to 9.31% to around GH¢14.72 per litre. The decline is attributed to falling global oil prices, though cedi depreciation has limited the extent of the cuts.
Turkey's COP31 President-Designate Murat Kurum announced a global electrification target to increase the share of final energy demand met by electricity from just over 20% today to 35% by 2035, aiming to accelerate the shift from direct fossil fuel use to clean electricity across buildings, transport and industry.
Ferrari unveiled its first electric vehicle, the Luce, designed by iPhone designer Sir Jony Ive, but the $640,000 five-seater car faced widespread criticism from investors, politicians, and internet users, with the firm's shares falling 8% after the launch and a former chairman warning it risks destroying the brand's legend.
Finance ministers from the Group of Seven are meeting in Paris to coordinate a response to the prolonged closure of the Strait of Hormuz caused by Iran-related conflict, which has disrupted vital oil and gas supplies through the maritime chokepoint that typically handles roughly a fifth of the world's petroleum liquids.
Airlines globally cancelled 13,000 flights in May as jet fuel prices surged due to Middle East conflict, removing nearly two million seats; the cancellations represent 1% of global flights, with UK departures to summer destinations unaffected.
Spirit Airlines has ceased operations immediately after failing to secure a $500m rescue deal from the Trump administration. The budget carrier, which was emerging from bankruptcy, cited a surge in jet fuel costs following the US-Israel war in Iran as a factor in its collapse.
The World Meteorological Organization indicates El Niño conditions may develop in 2026, potentially raising global temperatures into 2027 and disrupting rainfall patterns. For Ghana, this could intensify disruptions to rainfall, flooding, and pressure on food and energy systems, with agriculture particularly vulnerable as farming systems depend heavily on seasonal rains.