IEA | Egypt Oil & Gas

Global Energy Demand Slows as Renewables Surge, Egypt to Bring First Nuclear Plant Online by 2030: IEA

Global energy demand is expected to grow at its slowest pace in two decades as renewable power expands rapidly and fossil fuel consumption peaks before 2030, the International Energy Agency (IEA) said in its recen ...

Global Oil Production Decline Rate Speeds Up: IEA

The global average decline rate of oil and gas fields' production has accelerated sharply, driven by increased dependence on shale and deepwater resources, according to a report released by the International Energ ...

Oil Supply Growth to Outpace Demand Amid Iran-Israel Tensions: IEA

The International Energy Agency (IEA) released a report on the oil market medium-term outlook, where it expected structural changes in the oil market amidst the outbreak of the Israel-Iran conflict.

Oil Prices Surge, LNG Supplies at Risk if Strait of Hormuz Closes: IEA Report

The International Energy Agency (IEA) stated in a report that any disruption to transit flows in the Strait of Hormuz (SoH) would have significant consequences for global oil and LNG markets. The report, issued in ...

Electricity Consumption Drives Growth in Energy Demand During 2024

The International Energy Agency (IEA) released a report stating that the global demand on energy has grown by 2.2% last year – lower than GDP growth of 3.2% but considerably faster than the average annual demand i ...

Badawi Seeks Fostering Bilateral Cooperation during CERAWeek 2025

On the sidelines of his participation in the CERAWeek 2025 conference, in Houston, Karim Badawi, the Minister of Petroleum and Mineral Resources, held several meetings to boost cooperation and partnerships with i ...

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.

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