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International Energy Agency

The International Energy Agency is an autonomous intergovernmental organisation that serves as a policy adviser on energy security, economic development and environmental sustainability. Established in 1974 in the wake of the oil crisis, the agency was originally focused on coordinating collective responses to oil supply disruptions among industrialised nations. It is headquartered in Paris and operates under the framework of the Organisation for Economic Co-operation and Development (OECD). The agency's membership comprises 31 countries, predominantly advanced economies, though it has expanded engagement with major emerging markets including China and India. Its core mandate includes maintaining emergency oil stocks, promoting energy efficiency, supporting the development of alternative energy sources and providing authoritative data and analysis on global energy markets. The International Energy Agency publishes influential reports on energy trends, including the annual World Energy Outlook, and has increasingly focused on the energy transition, renewable energy deployment and pathways to net-zero emissions. Its analysis and forecasts on electric vehicles, battery storage, renewable energy capacity and fossil fuel demand are widely cited by governments, industry and investors. The agency also monitors and reports on energy security risks, including supply disruptions and geopolitical developments affecting oil, gas and critical minerals markets. Since the 2010s, the International Energy Agency has positioned itself as a leading voice on climate and clean energy policy, advising member and partner countries on strategies to decarbonise their energy systems while maintaining economic growth and energy access.

International Energy Agency News


The heritage South Africans share with electric vehicles
The heritage South Africans share with electric vehicles
25th September 2026

SOUTH AFRICANS marked Heritage Day recently, whilst also an opportunity to reflect on the country's electric vehicle history, and what it will take to write the next chapter. The James Hall Museum... 


SHRINKING BUFFERS: The attacks this month on oil tankers along Middle East shipping routes sent crude prices soaring yet again and amplified the economic risks associated with the protracted conflicts in Iran and Ukraine. While inventories have played a crucial role in balancing the market thus far, the International Energy Agency warns that buffers are shrinking and that the global refining system is severely stretched. Photograph: Reuters
SHRINKING BUFFERS
25th September 2026

The attacks this month on oil tankers along Middle East shipping routes sent crude prices soaring yet again and amplified the economic risks associated with the protracted conflicts in Iran and... 


LNG tanks
LNG buyers and sellers seek greater supply diversity amid Iran war
21st September 2026 By: Reuters

Liquefied natural gas (LNG) buyers are looking to diversify sourcing as the US-Israeli war against Iran cuts Gulf shipments, with importers seeking alternatives for the fuel from other suppliers... 


Copper development in South Africa's Northern Cape.
Orion sharpens governance ahead of taking on copper producer status
17th September 2026 By: Martin Creamer

Base metals company Orion Minerals, which on Thursday, September 17 described itself as being on the way to becoming South Africa’s next significant copper producer, has taken firm steps to sharpen... 


BHP coal heap
Indian utilities' August coal imports surge to 15-month high as heat boosts demand
17th September 2026 By: Reuters

Indian power producers' coal imports in August rose to a 15-month high as a heat-wave and lower hydropower generation boosted electricity demand, prompting utilities to turn to costly overseas... 


An oil rig
IEA warns 2026 oil supply gap will widen on delayed return of normal Gulf flows
11th September 2026 By: Reuters

LONDON – Global oil supply and demand will fall further than previously thought this year, the International Energy Agency said on Friday, as a lack of progress in ending the Iran war delays the... 


Lithium ore
OECD, IEA say traceability is imperative for secure critical mineral supply chains
11th September 2026 By: Marleny Arnoldi

A joint report by the Organisation for Economic Cooperation and Development (OECD) and International Energy Agency (IEA) says high levels of supply chain concentration and rising trade restrictions... 


Ulan coal mine in Australia
Global coal demand forecast to rise by 1.2% in 2026 to a record 8.94bn tonnes due to Middle East conflict, IEA says
10th September 2026 By: Reuters

Global coal demand is forecast to rise by 1.2% in 2026 to a record 8.94-billion tonnes due to the Middle East conflict, the International Energy Agency (IEA) said on Thursday. Disruptions to oil... 


An oil tanker at sea near an offshore oil rig
Brent crude rises above $100 a barrel as Middle East conflict escalates
9th September 2026 By: Reuters

Benchmark Brent crude oil futures rose past $100 a barrel on Wednesday, breaching the symbolic barrier for the first time since July 24 as intensifying conflict in the Middle East fuelled growing... 


Magazine cover image
Assurance body on growing pressure for full metals supply-chain transparency
4th September 2026 By: Lumkile Nkomfe

As the global energy transition gathers pace and geopolitical uncertainty reshapes international trade, mining and metals companies are facing growing pressure to demonstrate not only how metals... 


Magazine cover image
Assurance body on growing pressure for full metals supply-chain transparency
4th September 2026 By: Lumkile Nkomfe

As the global energy transition gathers pace and geopolitical uncertainty reshapes international trade, mining and metals companies are facing growing pressure to demonstrate not only how metals... 


An image of a solar PV plant
Falling costs make renewables more viable
4th September 2026 By: Nadine Ramdass

Sustainability aside, falling solar and battery costs have made renewable energy a compelling solution for reducing energy costs and improving power reliability, with dispatchable solar and battery... 


LFP battery
Canadian process tech company Nano One to roll out global LFP production partnership model
26th August 2026 By: Marleny Arnoldi

Canadian process technology company Nano One Materials Corporation is rapidly advancing a global lithium iron phosphate (LFP) cathode strategy as demand from energy storage, electric vehicles and... 


Africa’s Energy Future Will Determine Africa’s Economic Future
Africa’s Energy Future Will Determine Africa’s Economic Future
25th August 2026

Africa’s ambitions for industrialisation, manufacturing, minerals beneficiation, digital transformation, expanded trade and job creation all depend on one fundamental requirement: access to... 


Crude oil
US refiners face historic stress test as global crisis looms, Reuters columnist says
24th August 2026 By: Reuters

US refineries have operated near maximum capacity for the longest sustained period in over a quarter century,scrambling to capture windfall profits created by the Iran war. But history offers a... 


Norway Energy Minister Terje Aasland
Norway will drill in Arctic regardless of EU's position, says energy minister
24th August 2026 By: Reuters

Norway will continue developing its oil and gas resources in the Barents Sea regardless of the European Union's support for a moratorium on Arctic hydrocarbon supplies, and no longer sees itself as... 


Global challenges, local opportunities: IMARC 2026 puts strategy into action as global mining leaders commit to Australia’s biggest mining conference
Global challenges, local opportunities: IMARC 2026 puts strategy into action as global mining leaders commit to Australia’s biggest mining conference
17th August 2026

Geopolitical instability, the race to secure critical minerals supply chains, rising demand for key resources and the rapid deployment of AI are reshaping the global mining industry – and putting a... 


Brine well for lithium extraction
Duke University, UCT make tangible investment recommendations ahead of lithium, rare earths boom
14th August 2026 By: Marleny Arnoldi

A first-of-its-kind report from researchers at Duke University and the University of Cape Town (UCT) has mapped the most credible research and development opportunities for lithium and rare earth... 


Coal heaps
China’s coal-to-chemicals push pays off with record profits
13th August 2026 By: Bloomberg

China’s decade-plus quest to replace oil with coal in chemicals production is paying off for industry leader Ningxia Baofeng Energy Group, which pulled in record profits as crude prices soared... 


Oil rig
Global 2026 oil supply shortfall to deepen as Hormuz reopening remains elusive, IEA says
13th August 2026 By: Reuters

Global oil supply will fall by 4.3-million barrels per day (bpd), or around 4%, this year, the International Energy Agency (IEA) said on Wednesday, as renewed hostilities in the Middle East disrupt... 


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pqt: 0.099s - ct: 0.154s - 277pq - 2rq
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