Fatih Birol

World oil demand this year and next is growing at less than half the pace seen in 2023.

Global oil demand expected to rise this decade despite China reaching peak in 2027, says IEA

Barring any major disruption to the oil market, the world is likely to be well-supplied over the next five years, Fatih Birol said.

Green energy contributes over 50% power generation in around 30% countries: IEA

This was largely driven by greater awareness about climate change and the need to address it, as well as falling cost of generating renewable energy.

Global tensions risk clean energy progress: IEA chief

IEA Chief Fatih Birol singled out the US and China, the world's two biggest emitters, urging them to come together at the crunch COP28 climate talks in Dubai in November-December and "leave aside their tensions" -- both geopolitical and economic -- to seek joint or at least common positions on key issues.

This year will be challenging, especially for energy-importing countries: IEA chief

Birol says clean energy is growing very strongly, but the oil and gas markets are still volatile

Will the world face the seventies oil shock once more?

While the IEA chief warns of a repeat, the IMF presents a different view saying oil prices will not throw the earth off its axis

The global energy crisis may get worse, IEA’s Fatih Birol warns

“The world has never witnessed such a major energy crisis in terms of its depth and its complexity,” IEA Executive Director Fatih Birol said Tuesday at a global energy forum in Sydney. “We might not have seen the worst of it yet -- this is affecting the entire world.”

IEA invites India to become full-time member: Hardeep Singh Puri

(Eds: Updates with Birol tweet in para 15) New Delhi, Oct 11 International Energy Agency (IEA) has invited India, the world's third-largest energy ..

IEA chief backs India on coal, says no exit without financial support

Developing nations like India depend on coal for 60 percent of their energy, and coal and associated sectors are major employment generators, Faith Birol said at the Energy Horizons Leadership Dialogue organised by Council on Energy, Environment and Water.

Interview | Solar power can overtake coal in India within 10 years, says IEA Executive Director Fatih Birol

India is set for explosive growth when it comes to solar, Fatih Birol told Moneycontrol in an exclusive interview.

IEA sees oil markets tightening towards end of 2018: Fatih Birol

"Definitely there are some worries that oil markets can tighten towards the end of this year and as major oil importing countries India and other countries need to be ready," IEA's Fatih Birol said on Wednesday after a meeting with India's Oil Minister Dharmendra Pradhan.

Oil sector needs 2020 investment vision to meet demand

"The United States is set to put its stamp on global oil markets for the next five years," said IEA chief Fatih Birol in a statement as the agency released an annual review of the oil market.

US to overtake Russia as world's biggest oil producer by 2019 latest: IEA

IEA Executive Director Fatih Birol said in Tokyo the United States would overtake Russia as the biggest crude oil producer "definitely next year", if not this year.

IEA does not foresee oil demand peaking soon, says Fatih Birol

Birol also warned that oil markets could enter a period of high volatility unless companies develop new projects after two years of sharp drops in investments sparked by low oil prices.

Saudi Arabia says compliance to oil output cut 'very strong'

Speaking at the World Economic Forum at the Swiss ski resort of Davos, Khalid al-Falih said producers have gone "extra miles" and the majority have exceeded their agreed cuts.

Mkts to see significant volatility in oil prices this year: IEA

Markets will witness significant volatility in oil price this year, that is the word coming from Fatih Birol, Executive Director, IEA.

Saudi Aramco CEO predicts oil market balance by early 2017

"The gap between supply and demand is closing," Amin Nasser, who is also the state-owned oil company's chief executive, told an international energy forum.

'Global oil demand to rise 1.2m bpd in 2017 vs 1.8m bpd in 2016'

Birol also said he was expecting global oil markets to rebalance in the second half of next year, unless there is a supply intervention that raises prices and draws suppliers back into production earlier than that.

Oil rises as IEA expects biggest non-OPEC output fall in 25 yrs

The IEA's chief Fatih Birol said on Thursday that low oil prices had cut investment by about 40 percent in the past two years, with sharp falls in the United States, Canada, Latin America and Russia.

India, IEA sign pact for energy cooperation

The Statement of Intent to step up engagement in policy and technology research as well as enhance cooperation in numerous fields including forecasting and data, was signed by NITI Aayog vice chairman Arvind Panagariya and IEA Executive Director Fatih Birol

Iran entering oil market may trigger geo-political tensions: IEA

Fatih Birol, Executive Director, International Energy Agency (IEA) says Iran's production will compensate for the decline in the US output and may lead to geo-political tensions among major oil producers.

India likely to push oil demand growth: IEA

In an interview to CNBC-TV18's Ronojoy Banerjee, Fatih Birol Executive Director, IEA shared his views on the road ahead for crude oil.

Oil prices may go even lower in 2016: IEA's Birol

Fatih Birol, the executive director of the International Energy Agency (IEA), told CNBC that crude prices could continue to fall in 2016, presenting a challenge to governments that are trying to encourage the use of relatively expensive sustainable energy

Oil investment set to fall more in 2016: IEA's Fatih Birol

There has already been a more than 20 percent decline in oil investments in 2015, he said, adding that the bulk of the decline in oil investments came from North America and Brazil.

Lower oil prices to help ease India's trade deficit: IEA

Fatih Birol, chief economist & director of global energy economics at International Energy Agency (IEA) says with lower oil prices India would now be saving around USD 65-70 billion on oil imports.