International Energy Agency


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International Energy Agency

Also called the IEA. An international organization under the OECD that promotes energy security, economic development and environmental protection among member states. It was established to prevent or at least reduce energy crises caused by disruptions in the oil market. As such, it requires member states to maintain oil reserves containing at least 90 days' worth of the previous year's net import of oil. The IEA also provides energy advisory services to both members and non-members. It was established in 1974 and is based in Paris.
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Mohammed Juma Bin Jarsh Al Falasi, and Dr Fatih Birol, Executive Director of the International Energy Agency. The MoU reinforces Abu Dhabi's position as an active and influential player in the global energy sector.
"The International Energy Agency report added to the negative sentiment.
A delegation from the International Energy Agency Wind Committee visits Offshore Group Newcastle Ltd
! Riyadh, Rabi'I 22, 1435, Jan 23, 2014, SPA -- The Minister of Petroleum and Mineral Resources Ali bin Ibrahim Al-Naimi met here today with President of International Energy Agency Maria van der Hoeven.
Twenty-three Asian countries represented by their ministers of energy, along with three international organizations, namely Organization of the Petroleum Exporting Countries (OPEC), the International Energy Agency (IEA) and the Secretariat General of the International Energy Forum (IEF).
Turkey will be the interim president of the Paris-based International Energy Agency (IEA) platform starting in November 2013.
Iran's oil exports will average 1.38 million barrels a day in the current Iranian fiscal year starting March 21, 2013, the International Energy Agency estimates.
International Energy Agency, World Energy Outlook 2012.
Oil prices remain a threat to the fragile global economic recovery despite a recent fall, the International Energy Agency's chief economist told Reuters last month, adding the IEA remained ready to release emergency oil stocks if needed.
The International Energy Agency recently reported that, globally, fossil fuels received six times more subsidy than renewable energy systems.
Summary: Libya's crude production will return to pre-conflict levels of 1.6 million barrels a day by 2014, International Energy Agency said.
Libya's crude production will return to pre-conflict levels of 1.6 million barrels a day by 2014, the Paris-based adviser, the International Energy Agency said Tuesday in its monthly oil market report.

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