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With the world facing some major oil crisis, now is an excellent time to produce more oil. Otherwise, the gas prices in the US as well as throughout the world is more than likely to skyrocket in coming years. Keeping this in mind, OPEC was asked to...
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AP, Houston
More than a trillion dollars in annual investments to find new fossil fuels will be needed for the next two decades to avoid an energy crisis that could choke the...
made popular Nov 12 2008
AP, London
The International Energy Agency on Wednesday predicted world energy demand will rise 1.6 percent per year on average between 2006 and 2030 and called for massive...
made popular Nov 12 2008
AP, Paris
The International Energy Agency nearly doubled its forecast for the price of oil over the next twenty years, citing rising demand in the developing world as well as...
made popular Nov 6 2008
Developing economies are trying to satiate their growing demand by digging new reserves and exploring alternatives, but all seems in vain as energy watchdog,...
made popular Sep 10 2008
AP, Madrid
Oil supplies will remain tight despite record prices that have reduced demand, according to the International Energy Agency, and its executive director said Tuesday...
made popular Jul 1 2008
AP, New York
The U.S. Energy Department and the International Energy Agency both lowered their global oil consumption forecasts for this year because of surging prices, but said...
made popular Jun 10 2008
AP, Paris
The International Energy Agency lowered its forecast for global oil demand this year amid surging prices, but said Tuesday that global hunger for oil is knocking...
made popular Jun 10 2008
Oil is the key to the world’s economy. Nations are going to war simply to gain control over oil-fields and oil price fluctuations hold developing nations at...
made popular Jan 8 2008
The International Energy Agency warned that demand for oil imports by China and India will almost quadruple by 2030 and could create a supply ‘crunch’ as...
made popular Nov 7 2007
Pressure has already started building up on China since a new study revealed that the Asian super power had surpassed the United States to emerge as the emitter of...
made popular Jun 22 2007
Belarus has restarted pumping Russian oil to European nations which was earlier blocked by Russia. Druzbha pipeline resumed oil supplies to Poland, Germany, Ukraine and...
made popular Jan 11 2007
It has been found predicted that global energy use will grow by 53 per cent by 2030! But, inspite of energy efficient and non-fossil fuel power pushing across the world...
made popular Nov 13 2006
Consumer confidence index have fallen to its lowest level, since the hurricanes struck the Gulf Cost last summer, as the fuel prices are soaring high. The index...
made popular May 13 2006
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Business International Energy Agency Oil Production OPEC Saudi Arabia US Energy secretary 