IEA | Egypt Oil & Gas

El Molla Champions Global Energy Cooperation at IEA Ministerial Meeting

On the occasion of its 50th anniversary celebration, Minister of Petroleum and Mineral Resources Tarek El Molla has participated in the ministerial meeting of the International Energy Agency (IEA) 2024. 

El Molla, Birol Praise Worldwide, Diverse Participation at COP28

Minister of Petroleum and Mineral Resources Tarek El Molla has met with Fatih Birol, Executive Director of the International Energy Agency (IEA), during a tour of companies’ pavilions and country exhibitions at CO ...

Global Renewable Capacity Growth Set to Double Over Next Five Years: IEA

According to the International Energy Agency (IEA), energy security worries following Russia's invasion of Ukraine will cause a doubling of the world's renewable power capacity over the next five years, Reuters re ...

Sources in OPEC Expect Possible Slowdown in Global Oil Demand Next Year

According to OPEC delegates and industry insiders, global oil demand growth will decelerate in 2023, as rising crude and fuel prices help push up inflation and act as a drag on the global economy.

Japan to Release 6 mmbl of Oil from Private Reserves

Japan’s Industry Ministry announced that it will release 6 million barrels (mmbbl) of oil from its private reserves as a part of its contribution to a second round of the International Energy Agency’s (IEA) releas ...

Major Oil Traders to Reduce Russian Oil Purchases Starting From Mid-May

To avoid falling foul of European Union sanctions against Russia, major global trading decided to reduce purchases of crude and fuel from Russia's state-owned oil companies as early as May 15, Reuters reported.

El Molla Welcomes Wide Participation at COP 27 During IEA Meeting

The Egyptian minister participated in a ministerial discussion session that included energy ministers from 44 countries under the title "The International Energy Agency Community", which was organized by the IEA, ...

Africa’s Energy on the Table at IEA Conference

The Executive Director of the International Energy Agency (IEA), Fatih Birol, has highlighted that IEA is prioritizing African energy while considering climate change issue and energy transition as African populat ...

IEA to Set Strategy for Reducing Oil Usage While Prices Soar

The International Energy Agency (IEA) disclosed that it might release more oil from stocks to reduce its current high prices noting that it will set a plan to reduce oil usage as soon as possible.

El Molla Meets with World Energy Leaders at ADIPEC 2021

El Molla, held a series of talks and meetings with a number of heads of international companies and leaders of international energy organizations, on the sidelines of his participation in the ADIPEC 2021.

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