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Trending News: Exxon, Chevron See Glimmer of Venezuela’s Potential, But With Long Road AheadOil Hovers Near Six-Month High as Investors Track US-Iran TensionsUS Lower 48 Crude Output Down 379,000 Bpd in January on Storm Outages Glut To Trump Geopolitics to Keep Oil Price around $60 This YearIndia Needs USD 10 Trillion For Net-Zero By 2070, But IEEFA Says Corporate Transition Plans Are Fragmented And Largely Compliance-DrivenEBRD Made €215M Investment In Montenegro In 2025, Driving Green Transition, Private Sector Growth, And Regional ConnectivityYouth Lead Global Energy Transition At IRENA Youth Forum 2026 In Abu Dhabi, Harnessing AI And Digital Tools For Renewable Energy AccessEBRD Invests €1.35B In Poland In 2025, Supporting Green Energy, Private Sector Growth, And National Energy SecurityNexus Renewables Appoints Faizan Farooqi To Board, Replacing Former CEO Keith Sandor Following Termination For CauseVisionary Entrepreneur Zaya Younan Enters Renewable Energy With 880 MW Solar + 460 MW Battery Project In California, Generating $100M AnnuallyExxon Says It Has The Technology Needed for Venezuela’s High-Cost CrudeUnion Rejects Contract Offer From MarathonRanked: Which Countries Hold the Most U.S. Debt? – Visual CapitalistExtreme Cold Disrupts Hydro-Québec Exports to Massachusetts During Spike in Power UseUS Share of Europe’s LNG Imports Increased to 60% in JanuaryChevron in Talks With Iraq, Libya to Evaluate Exploration OpportunitiesChevron Can Process Another 100,000 bpd of Venezuelan Crude at its US Refineries, CEO SaysNorth Dakota Oil Output Fully Restored, Nationwide Outages DroppingUS Drillers Add Oil and Gas Rigs for Second Week in a Row, Baker Hughes SaysExxon Beats Expectations as Record Production Offsets Lower Oil PricesCOMMENTARY: Oil Needs an Iran Supply Shock, Not Tough Talk, to Break Out of Range – BoussoCOMMENTARY: Old-Economy Demands May Stall Emerging Market Decarbonization – MaguireHalf of Americans at High Risk of Power Shortfalls Amid AI BoomEuropean Natural Gas Prices Surge as Winter Cold and Geopolitics CollideIberdrola completes sale of Spain gas assetsGulf Coast Ammonia plant ‘nears full capacity’Trump to Impose Tariffs on Goods From Nations Giving Oil to Cuba, White House SaysLyondellBasell Targets $1.3 Billion in Cost Savings After Surprise Quarterly LossExxon Beats Wall Street Q4 Target as Permian, Guyana Fields Take Output to 40-Year HighFreeport LNG in Texas to Take in More Gas After Thursday Shutdown, LSEG Data ShowsChevron Beats Q4 Profit Estimate, Eyes Venezuela Investment OpportunitiesChina’s LNG Imports Rise for a Third Straight MonthVenezuela Rewrites Its Oil Law to Attract Foreign InvestmentBritain’s Octopus Energy Takes a Big Bet on China’s Clean Power MarketsChevron Beats Profit Estimates as It Commits to VenezuelaConstruction costs overshadow CBAM risk for Air Products’ Louisiana hydrogen plansOdds-On for USA to Strike Iran Before JuneAir Products CEO points to price and productivity behind Q1 growthAir Products CEO points to price and productivity behind Q1 growthWashington Probes Who’s Cashing In on Venezuela’s Oil ResetTurkey’s Biggest Refinery Fire Jolts Tight Refining MarketCiti Downplays Risk of a Major Iran Supply ShockTop Stories Of The Day: ACME-NHPC 250MW PPA; Eco Survey RE Push; NVVN 1MW Solar Bid and More…Economic Survey Calls for Pragmatic Reforms to Sustain India’s Renewable Energy MomentumEuropean Energy Completes 65 MWh Battery Storage At 78.5 MW Anykščiai Solar Park In LithuaniaZelenskiy Invites Russia to Energy Strikes TruceEBRD Invests Record €426 Million In Armenia In 2025 Across 26 Projects, Boosting Economy, Energy Efficiency And Private SectorREC Limited Declares ₹4.60 Third Interim Dividend, Posts ₹12,920 Crore Profit in 9M FY26India’s net zero policy on dual tracksGold Briefly Jumps Toward $5,600 as Iran Tensions FlareEU confirms funding for eight hydrogen infrastructure projectsCoterra Energy and Devon Energy in Advanced Talks to Merge, Source SaysUS Faces Growing Risks of Power Outages Due to Rising Winter Demand, Changing Fuel MixUS Natgas Futures Soar 140% During Arctic Blast, Boosting Consumer CostsUS Eases Sanctions on Venezuelan Oil IndustryDemand at Largest US Electric Grid Hovers Near Winter RecordRobotisation saves 500,000 work hours, says RosatomKHNP seeks site for new nuclear power plantRussia and Uzbekistan MoU on radioactive waste managementType One Energy initiates licensing of fusion power plantU.S. Sends Additional Warship to Middle East Amid Iran TensionsUS Crude Production Ticks Back Up After Massive Output Hit From Winter StormCitgo Buys Venezuelan Oil for the First Time Since 2019 SanctionsMalaysia’s Petronas to Boost Exploration to Maintain Domestic OutputTotalEnergies Pushes Ahead With Mozambique LNG Despite RisksReliance Industries Slashes Russian Crude Imports Under U.S. Sanctions PressureUS Carlyle Group Agrees to Buy Lukoil’s Global Assets After Sanctions PressureSaudi Arabia Weighs Another Cut to Arab Light Prices for AsiaSanctions Pushed Russian Oil Revenues Lower in 2025Lukoil Agrees to Sell International Assets to CarlyleAir Liquide and space agency advance zero boil off storage for in space refuellingBaker Hughes and Giammarco Technologies partner on post-combustion captureBaker Hughes and Giammarco Technologies partner on post-combustion captureGeopolitics Loom Large Over Big Oil earnings as Investors Seek Venezuela DetailsOil Continues Upward Climb on Iran Attack ConcernsAfreximbank Unveils $1.75B Lifeline for Angola’s SonangolOil Inches Higher as U.S. Federal Reserve Keeps Rates UnchangedFreezing Weather Forces the World’s Top LNG Exporter to Import GasTop Stories Of The Day: Power Grid Seeks Bids for 750 MWh BESS; India Launches First Port-Based Green Hydrogen Plant and More…Cadent launches UK biomethane network charging modelCadent launches UK biomethane network charging modelOil Prices ‘Remain Elevated and Volatile’Balancing Optimism And Reality In Southeast Asia’s Energy TransitionSkipper Limited Reports Record Q3 FY26 Revenue Of ₹13,706 Million, EBITDA Of ₹1,414 Million, 40% PAT Growth, And All-Time High US$1 Billion Order BookEnlight Strengthens European Energy Storage Presence With Majority Stake In Germany’s Project JupiterJA Solar’s DeepBlue 5.0 Delivers Bankable Performance in a Changing Global PV MarketHoneywell teams up with SAF One to drive SAF scaleIndia Energy Week: India can learn from overseas green hydrogen experienceIndia Energy Week: India can learn from overseas green hydrogen experienceIndia Energy Week: India can learn from overseas green hydrogen experienceCiti Expects Oil Prices to Stay Elevated Despite Oversupply RisksSerbia Says Russia Ready To Sell Stake In NISWhy biogenic CO2 is at a crossroadsUS LNG Plants Imported Cargoes During Winter Storm as Natural Gas Prices Hit RecordsUS Handing Over Seized Tanker to Venezuela, Officials SayUS Refiners Poised for Higher Q4 Profit, Venezuela in FocusSaskatchewan to evaluate large nuclear reactor technologiesWestinghouse, Tetra Tech to collaborate on nuclear new-build projectsRussia targeting lunar power station by 2036Prodigy completes R&D project for transportable nuclear power plants
Sun. Feb 1st, 2026
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Trending News: Exxon, Chevron See Glimmer of Venezuela’s Potential, But With Long Road AheadOil Hovers Near Six-Month High as Investors Track US-Iran TensionsUS Lower 48 Crude Output Down 379,000 Bpd in January on Storm Outages Glut To Trump Geopolitics to Keep Oil Price around $60 This YearIndia Needs USD 10 Trillion For Net-Zero By 2070, But IEEFA Says Corporate Transition Plans Are Fragmented And Largely Compliance-DrivenEBRD Made €215M Investment In Montenegro In 2025, Driving Green Transition, Private Sector Growth, And Regional ConnectivityYouth Lead Global Energy Transition At IRENA Youth Forum 2026 In Abu Dhabi, Harnessing AI And Digital Tools For Renewable Energy AccessEBRD Invests €1.35B In Poland In 2025, Supporting Green Energy, Private Sector Growth, And National Energy SecurityNexus Renewables Appoints Faizan Farooqi To Board, Replacing Former CEO Keith Sandor Following Termination For CauseVisionary Entrepreneur Zaya Younan Enters Renewable Energy With 880 MW Solar + 460 MW Battery Project In California, Generating $100M AnnuallyExxon Says It Has The Technology Needed for Venezuela’s High-Cost CrudeUnion Rejects Contract Offer From MarathonRanked: Which Countries Hold the Most U.S. Debt? – Visual CapitalistExtreme Cold Disrupts Hydro-Québec Exports to Massachusetts During Spike in Power UseUS Share of Europe’s LNG Imports Increased to 60% in JanuaryChevron in Talks With Iraq, Libya to Evaluate Exploration OpportunitiesChevron Can Process Another 100,000 bpd of Venezuelan Crude at its US Refineries, CEO SaysNorth Dakota Oil Output Fully Restored, Nationwide Outages DroppingUS Drillers Add Oil and Gas Rigs for Second Week in a Row, Baker Hughes SaysExxon Beats Expectations as Record Production Offsets Lower Oil PricesCOMMENTARY: Oil Needs an Iran Supply Shock, Not Tough Talk, to Break Out of Range – BoussoCOMMENTARY: Old-Economy Demands May Stall Emerging Market Decarbonization – MaguireHalf of Americans at High Risk of Power Shortfalls Amid AI BoomEuropean Natural Gas Prices Surge as Winter Cold and Geopolitics CollideIberdrola completes sale of Spain gas assetsGulf Coast Ammonia plant ‘nears full capacity’Trump to Impose Tariffs on Goods From Nations Giving Oil to Cuba, White House SaysLyondellBasell Targets $1.3 Billion in Cost Savings After Surprise Quarterly LossExxon Beats Wall Street Q4 Target as Permian, Guyana Fields Take Output to 40-Year HighFreeport LNG in Texas to Take in More Gas After Thursday Shutdown, LSEG Data ShowsChevron Beats Q4 Profit Estimate, Eyes Venezuela Investment OpportunitiesChina’s LNG Imports Rise for a Third Straight MonthVenezuela Rewrites Its Oil Law to Attract Foreign InvestmentBritain’s Octopus Energy Takes a Big Bet on China’s Clean Power MarketsChevron Beats Profit Estimates as It Commits to VenezuelaConstruction costs overshadow CBAM risk for Air Products’ Louisiana hydrogen plansOdds-On for USA to Strike Iran Before JuneAir Products CEO points to price and productivity behind Q1 growthAir Products CEO points to price and productivity behind Q1 growthWashington Probes Who’s Cashing In on Venezuela’s Oil ResetTurkey’s Biggest Refinery Fire Jolts Tight Refining MarketCiti Downplays Risk of a Major Iran Supply ShockTop Stories Of The Day: ACME-NHPC 250MW PPA; Eco Survey RE Push; NVVN 1MW Solar Bid and More…Economic Survey Calls for Pragmatic Reforms to Sustain India’s Renewable Energy MomentumEuropean Energy Completes 65 MWh Battery Storage At 78.5 MW Anykščiai Solar Park In LithuaniaZelenskiy Invites Russia to Energy Strikes TruceEBRD Invests Record €426 Million In Armenia In 2025 Across 26 Projects, Boosting Economy, Energy Efficiency And Private SectorREC Limited Declares ₹4.60 Third Interim Dividend, Posts ₹12,920 Crore Profit in 9M FY26India’s net zero policy on dual tracksGold Briefly Jumps Toward $5,600 as Iran Tensions FlareEU confirms funding for eight hydrogen infrastructure projectsCoterra Energy and Devon Energy in Advanced Talks to Merge, Source SaysUS Faces Growing Risks of Power Outages Due to Rising Winter Demand, Changing Fuel MixUS Natgas Futures Soar 140% During Arctic Blast, Boosting Consumer CostsUS Eases Sanctions on Venezuelan Oil IndustryDemand at Largest US Electric Grid Hovers Near Winter RecordRobotisation saves 500,000 work hours, says RosatomKHNP seeks site for new nuclear power plantRussia and Uzbekistan MoU on radioactive waste managementType One Energy initiates licensing of fusion power plantU.S. Sends Additional Warship to Middle East Amid Iran TensionsUS Crude Production Ticks Back Up After Massive Output Hit From Winter StormCitgo Buys Venezuelan Oil for the First Time Since 2019 SanctionsMalaysia’s Petronas to Boost Exploration to Maintain Domestic OutputTotalEnergies Pushes Ahead With Mozambique LNG Despite RisksReliance Industries Slashes Russian Crude Imports Under U.S. Sanctions PressureUS Carlyle Group Agrees to Buy Lukoil’s Global Assets After Sanctions PressureSaudi Arabia Weighs Another Cut to Arab Light Prices for AsiaSanctions Pushed Russian Oil Revenues Lower in 2025Lukoil Agrees to Sell International Assets to CarlyleAir Liquide and space agency advance zero boil off storage for in space refuellingBaker Hughes and Giammarco Technologies partner on post-combustion captureBaker Hughes and Giammarco Technologies partner on post-combustion captureGeopolitics Loom Large Over Big Oil earnings as Investors Seek Venezuela DetailsOil Continues Upward Climb on Iran Attack ConcernsAfreximbank Unveils $1.75B Lifeline for Angola’s SonangolOil Inches Higher as U.S. Federal Reserve Keeps Rates UnchangedFreezing Weather Forces the World’s Top LNG Exporter to Import GasTop Stories Of The Day: Power Grid Seeks Bids for 750 MWh BESS; India Launches First Port-Based Green Hydrogen Plant and More…Cadent launches UK biomethane network charging modelCadent launches UK biomethane network charging modelOil Prices ‘Remain Elevated and Volatile’Balancing Optimism And Reality In Southeast Asia’s Energy TransitionSkipper Limited Reports Record Q3 FY26 Revenue Of ₹13,706 Million, EBITDA Of ₹1,414 Million, 40% PAT Growth, And All-Time High US$1 Billion Order BookEnlight Strengthens European Energy Storage Presence With Majority Stake In Germany’s Project JupiterJA Solar’s DeepBlue 5.0 Delivers Bankable Performance in a Changing Global PV MarketHoneywell teams up with SAF One to drive SAF scaleIndia Energy Week: India can learn from overseas green hydrogen experienceIndia Energy Week: India can learn from overseas green hydrogen experienceIndia Energy Week: India can learn from overseas green hydrogen experienceCiti Expects Oil Prices to Stay Elevated Despite Oversupply RisksSerbia Says Russia Ready To Sell Stake In NISWhy biogenic CO2 is at a crossroadsUS LNG Plants Imported Cargoes During Winter Storm as Natural Gas Prices Hit RecordsUS Handing Over Seized Tanker to Venezuela, Officials SayUS Refiners Poised for Higher Q4 Profit, Venezuela in FocusSaskatchewan to evaluate large nuclear reactor technologiesWestinghouse, Tetra Tech to collaborate on nuclear new-build projectsRussia targeting lunar power station by 2036Prodigy completes R&D project for transportable nuclear power plants
Sun. Feb 1st, 2026
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IEA chief Birol Sees ‘Comfortable’ Oil Markets, Unless Geopolitical Shock
  • Business & Policy
  • November 26, 2024
IEA chief Birol Sees ‘Comfortable’ Oil Markets, Unless Geopolitical Shock

Executive Director of International Energy Agency (IEA) Fatih Birol gives a speech during Equinor’s Autumn Conference 2024 at Det Norske Teater in Oslo, Norway November 26, 2024. Thomas Fure/NTB/via REUTERS…

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Analysis

Analysis
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Recent Articles

  • Exxon, Chevron See Glimmer of Venezuela’s Potential, But With Long Road Ahead
  • Oil Hovers Near Six-Month High as Investors Track US-Iran Tensions
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